Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (CNY) Term End Date Filing Date | 2025 Dec 31, 2025 Apr 29, 2026 | 2024 Dec 31, 2024 Apr 28, 2025 | 2023 Dec 31, 2023 Apr 29, 2024 | 2022 Dec 31, 2022 Apr 4, 2023 | 2021 Dec 31, 2021 Apr 28, 2022 | 2020 Dec 31, 2020 Apr 12, 2021 | 2019 Dec 31, 2019 Apr 17, 2020 | 2018 Dec 31, 2018 Mar 13, 2019 |
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Total Revenue | 11.43B 10.8% | 10.32B 3.7% | 9.96B 6.8% | 9.33B 19.3% | 7.82B 36.2% | 5.74B 39.2% | 4.12B 47.6% | 2.79B 72.8% |
Cost of Revenue | 8.85B 9.2% | 8.10B 0.8% | 8.03B 8.7% | 7.39B 22.4% | 6.04B 44.2% | 4.19B 36.0% | 3.08B 41.9% | 2.17B 79.7% |
Gross Profit | 2.59B 16.3% | 2.22B 15.6% | 1.92B 0.7% | 1.94B 8.8% | 1.78B 14.8% | 1.55B 48.7% | 1.04B 67.5% | 622.44M 52.4% |
Gross Margin % | 23.00% 4.5% | 22.00% 15.8% | 19.00% 9.5% | 21.00% 8.7% | 23.00% 14.8% | 27.00% 8.0% | 25.00% 13.6% | 22.00% 12.0% |
Research & Development | 32.70M 10.0% | 36.32M 4.8% | 38.16M 6.6% | 35.81M 9.0% | 39.34M 1.8% | 40.05M 85.2% | 21.63M 55.4% | 13.91M 91.6% |
General & Administrative | 897.87M 2.2% | 917.88M 22.6% | 1.19B 0.0% | 1.19B 16.0% | 1.02B 45.5% | 702.52M 70.8% | 411.42M 24.8% | 329.60M 44.0% |
Selling & Marketing | 149.36M 28.3% | 116.44M 19.2% | 144.15M 4.2% | 150.43M 1.2% | 148.61M 10.1% | 134.94M 3.9% | 129.90M 17.5% | 110.57M 22.7% |
SG&A Expenses | 1.05B 1.2% | 1.03B 22.2% | 1.33B 0.4% | 1.34B 14.1% | 1.17B 39.8% | 837.46M 54.7% | 541.32M 23.0% | 440.17M 38.0% |
Other Operating Expenses | -30.94M | 0.00 100.0% | 3.01B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 1.05B 2.0% | 1.07B 75.6% | 4.38B 219.5% | 1.37B 13.3% | 1.21B 37.9% | 877.51M 55.9% | 562.95M 24.0% | 454.09M 39.2% |
Cost and Expenses | 9.90B 7.9% | 9.17B 26.1% | 12.42B 41.7% | 8.76B 20.9% | 7.25B 43.1% | 5.07B 39.1% | 3.64B 38.8% | 2.62B 71.0% |
Operating Income | 1.54B 33.4% | 1.15B 146.9% | -2.46B 545.6% | 551.78M 3.1% | 569.52M 15.4% | 672.94M 40.3% | 479.78M 185.0% | 168.35M 104.7% |
Operating Margin % | 13.00% 18.2% | 11.00% 144.0% | -25.00% 516.7% | 6.00% 14.3% | 7.00% 41.7% | 12.00% 0.0% | 12.00% 100.0% | 6.00% 20.0% |
EBITDA | 6.07B 38.1% | 4.39B 222.0% | 1.36B 67.4% | 4.19B 24.5% | 3.36B 38.6% | 2.43B 44.1% | 1.68B 75.8% | 958.03M 109.6% |
EBITDA Margin % | 53.00% 23.3% | 43.00% 207.1% | 14.00% 68.9% | 45.00% 4.7% | 43.00% 2.4% | 42.00% 2.4% | 41.00% 20.6% | 34.00% 21.4% |
Interest Expense | 1.79B 7.1% | 1.92B 5.5% | 2.04B 8.5% | 1.88B 13.5% | 1.65B 25.7% | 1.32B 35.9% | 968.69M 47.6% | 656.19M 59.3% |
Interest Income | 154.04M 71.6% | 89.78M 8.0% | 97.55M 131.0% | 42.23M 16.3% | 50.45M 73.9% | 29.01M 45.3% | 53.02M 175.9% | 19.21M 243.1% |
Other Income (Expense) | -107.35M 93.9% | -1.77B 4.1% | -1.84B 19.4% | -1.54B 1.5% | -1.52B 24.3% | -1.22B 34.8% | -906.21M 49.0% | -608.01M 46.4% |
Pre-Tax Income | 1.43B 332.4% | -614.86M 85.7% | -4.30B 334.4% | -989.88M 4.3% | -948.75M 73.0% | -548.44M 28.6% | -426.43M 3.0% | -439.66M 32.0% |
Pre-Tax Margin % | 13.00% 316.7% | -6.00% 86.0% | -43.00% 290.9% | -11.00% 8.3% | -12.00% 20.0% | -10.00% 0.0% | -10.00% 37.5% | -16.00% 23.8% |
Tax Provision | 469.72M 201.0% | 156.05M 1156.1% | -14.78M 105.3% | 276.24M 13.9% | 242.46M 100.7% | 120.78M 671.7% | 15.65M 266.6% | -9.39M 54.6% |
Net Income | 949.64M 72.3% | 3.43B 179.8% | -4.29B 238.8% | -1.27B 6.3% | -1.19B 78.0% | -669.21M 51.4% | -442.08M 2.7% | -430.27M 31.6% |
Net Margin % | 8.00% 75.8% | 33.00% 176.7% | -43.00% 207.1% | -14.00% 6.7% | -15.00% 25.0% | -12.00% 9.1% | -11.00% 26.7% | -15.00% 25.0% |
Basic EPS | 4.64 75.7% | 19.12 180.8% | -23.67 186.9% | -8.25 14.1% | -7.23 53.5% | -4.71 29.8% | -3.63 4.3% | -3.48 4.5% |
Diluted EPS | 4.24 77.2% | 18.56 178.4% | -23.67 186.9% | -8.25 14.1% | -7.23 53.5% | -4.71 29.8% | -3.63 4.3% | -3.48 4.5% |
Basic Shares Outstanding | 190.07M 5.9% | 179.46M 1.0% | 181.26M 2.5% | 176.85M 1.2% | 174.83M 20.2% | 145.50M 19.4% | 121.85M 1.6% | 123.78M 26.2% |
Diluted Shares Outstanding | 205.57M 11.5% | 184.38M 0.5% | 183.52M 0.3% | 183.06M 0.8% | 181.61M 15.9% | 156.69M 13.7% | 137.87M 11.4% | 123.78M 26.2% |