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 15, 2026 | 2024 Dec 31, 2024 Apr 15, 2025 | 2023 Dec 31, 2023 Apr 25, 2024 | 2022 Dec 31, 2022 Apr 27, 2023 | 2021 Dec 31, 2021 Apr 28, 2022 | 2020 Dec 31, 2020 Apr 28, 2021 | 2019 Dec 31, 2019 Apr 29, 2020 | 2018 Dec 31, 2018 Apr 26, 2019 |
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Total Revenue | 112.63B 7.0% | 105.30B 1.8% | 103.47B 7.2% | 96.50B 10.1% | 87.61B 18.9% | 73.67B 24.4% | 59.24B 11.8% | 67.16B 24.1% |
Cost of Revenue | 40.22B 1.9% | 39.49B 2.3% | 40.40B 7.6% | 43.73B 7.6% | 40.64B 17.2% | 34.68B 25.3% | 27.69B 28.6% | 38.75B 37.5% |
Gross Profit | 72.40B 10.0% | 65.81B 4.4% | 63.06B 19.5% | 52.77B 12.3% | 46.97B 20.5% | 38.98B 23.5% | 31.56B 11.1% | 28.40B 9.6% |
Gross Margin % | 64.00% 3.2% | 62.00% 1.6% | 61.00% 10.9% | 55.00% 1.9% | 54.00% 1.9% | 53.00% 0.0% | 53.00% 26.2% | 42.00% 12.5% |
Research & Development | 17.72B 1.1% | 17.52B 6.3% | 16.48B 9.6% | 15.04B 6.8% | 14.08B 35.7% | 10.37B 23.3% | 8.41B 8.0% | 7.79B 78.3% |
General & Administrative | 4.23B 7.1% | 4.55B 7.1% | 4.90B 4.3% | 4.70B 10.1% | 4.26B 26.4% | 3.37B 7.7% | 3.13B 1.9% | 3.19B 31.3% |
Selling & Marketing | 14.62B 3.3% | 14.15B 1.3% | 13.97B 4.2% | 13.40B 9.7% | 12.21B 14.1% | 10.70B 72.1% | 6.22B 34.7% | 9.53B 36.9% |
SG&A Expenses | 18.85B 0.8% | 18.70B 0.9% | 18.87B 4.3% | 18.10B 9.8% | 16.48B 17.1% | 14.08B 50.5% | 9.35B 26.5% | 12.72B 35.5% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Operating Expenses | 36.57B 0.9% | 36.22B 2.5% | 35.35B 6.7% | 33.14B 8.5% | 30.55B 25.0% | 24.44B 37.6% | 17.76B 13.4% | 20.51B 49.1% |
Cost and Expenses | 76.79B 1.4% | 75.71B 0.1% | 75.76B 1.4% | 76.87B 8.0% | 71.19B 20.4% | 59.13B 30.1% | 45.45B 23.3% | 59.26B 41.3% |
Operating Income | 35.83B 21.1% | 29.58B 6.8% | 27.71B 41.2% | 19.63B 19.6% | 16.42B 12.9% | 14.54B 5.4% | 13.79B 74.7% | 7.89B 35.1% |
Operating Margin % | 32.00% 14.3% | 28.00% 3.7% | 27.00% 35.0% | 20.00% 5.3% | 19.00% 5.0% | 20.00% 13.0% | 23.00% 91.7% | 12.00% 45.5% |
EBITDA | 43.07B 34.6% | 32.00B 4.0% | 30.76B 36.8% | 22.49B 14.2% | 19.69B 9.4% | 18.00B 9.7% | 16.40B 36.3% | 12.04B 12.7% |
EBITDA Margin % | 38.00% 26.7% | 30.00% 0.0% | 30.00% 30.4% | 23.00% 4.5% | 22.00% 8.3% | 24.00% 14.3% | 28.00% 55.6% | 18.00% 28.0% |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% |
Interest Income | 4.62B 6.1% | 4.92B 19.4% | 4.12B 91.7% | 2.15B 41.5% | 1.52B 4.9% | 1.60B 94.5% | 821.77M 40.1% | 586.67M 12.1% |
Other Income (Expense) | 5.00B 18.6% | 6.13B 3.4% | 6.35B 37.3% | 4.62B 1.4% | 4.69B 462.3% | 833.68M 67.8% | 2.59B 18.6% | 3.18B 88.9% |
Pre-Tax Income | 40.83B 14.3% | 35.72B 4.9% | 34.06B 40.4% | 24.25B 14.9% | 21.10B 37.3% | 15.37B 6.2% | 16.38B 83.2% | 8.94B 31.3% |
Pre-Tax Margin % | 36.00% 5.9% | 34.00% 3.0% | 33.00% 32.0% | 25.00% 4.2% | 24.00% 14.3% | 21.00% 25.0% | 28.00% 115.4% | 13.00% 45.8% |
Tax Provision | 6.03B 10.5% | 5.46B 16.2% | 4.70B 6.6% | 5.03B 21.9% | 4.13B 35.7% | 3.04B 4.4% | 2.91B 18.2% | 2.47B 14.1% |
Net Income | 33.76B 13.7% | 29.70B 1.0% | 29.42B 44.6% | 20.34B 20.6% | 16.86B 39.7% | 12.06B 10.4% | 13.47B 118.9% | 6.15B 42.5% |
Net Margin % | 30.00% 7.1% | 28.00% 0.0% | 28.00% 33.3% | 21.00% 10.5% | 19.00% 18.8% | 16.00% 30.4% | 23.00% 155.6% | 9.00% 55.0% |
Basic EPS | 52.90 15.1% | 45.95 1.5% | 45.25 48.0% | 30.57 20.6% | 25.35 38.9% | 18.25 12.7% | 20.91 119.9% | 9.51 41.5% |
Diluted EPS | 52.25 13.7% | 45.95 1.6% | 45.23 49.8% | 30.20 20.6% | 25.05 39.2% | 18.00 13.1% | 20.72 119.3% | 9.45 41.5% |
Basic Shares Outstanding | 638.36M 1.2% | 646.30M 0.6% | 650.09M 0.4% | 652.69M 1.9% | 665.17M 0.6% | 661.09M 2.6% | 644.09M 0.5% | 647.06M 1.7% |
Diluted Shares Outstanding | 645.58M 0.1% | 646.12M 0.7% | 650.41M 3.4% | 673.50M 0.0% | 673.50M 0.5% | 669.95M 3.1% | 649.99M 0.1% | 650.94M 1.8% |