| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | CNY 12.91B | +4.0% |
| Gross Profit | — | — |
| EBITDA | CNY 1.49B | −49.3% |
| Net Income | CNY 1.17B | −53.5% |
| Diluted EPS | CNY 6.18 | −56.7% |
| Free Cash Flow | CNY 1.23B | −53.0% |
| DPS (FY2025) | $7.49derived |
| Trailing yield | 66.19% |
| Payout ratio | 105.3% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $7.49 | — | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2025-12-08 | $0.9200 | 2025-12-15 | u | licensed |
| Ratio | 2023 | 2024 | 2025 | Trend · 3y | vs own | vs sector |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Operating Margin | 23.15% | 23.27% | 10.44% | 17% | 78% | |
| EBITDA Margin | 23.37% | 23.76% | 11.57% | 17% | 66% | |
| NOPAT Margin | 18.46% | 19.23% | 7.65% | 17% | 76% | |
| Net Margin | 17.26% | 20.28% | 9.07% | 17% | 83% | |
| FCF Margin | 40.98% | 21.06% | 9.51% | 17% | 81% | |
| OCF Margin | 41.67% | 22.87% | 12.74% | 17% | 77% | |
| Capex Intensity | 0.69% | 1.82% | 3.23% | 83% | 64% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 6 ratios | ||||||
| ▸Liquidity & coverage · 3 ratios | ||||||
| ▸Leverage · 2 ratios | ||||||
| ▸Working capital · 3 ratios | ||||||
| ▸Capital allocation · 4 ratios | ||||||
| ▸Per share · 6 ratios | ||||||
| ▸Other · 1 ratios | ||||||
The five drivers multiply to 20.3% vs reported ROE 23.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|
| Revenue | CNY 4.64B | CNY 12.41B | CNY 12.91B |
| YoY % | +167.4% | +4.0% | |
| R&D Expense | CNY 11.5M | CNY 193.5M | CNY 268.5M |
| YoY % | +1582.6% | +38.8% | |
| Selling & Marketing Expense | CNY 261.6M | CNY 1.11B | CNY 1.36B |
| YoY % | +324.0% | +22.9% | |
| SG&A Expense | CNY 363.1M | CNY 1.11B | CNY 2.45B |
| YoY % | +206.6% | +120.1% | |
| Operating Income | CNY 1.07B | CNY 2.89B | CNY 1.35B |
| YoY % | +168.7% | -53.3% | |
| Other Non-Operating Income | CNY 20.7M | CNY 118.2M | CNY 123.4M |
| YoY % | +471.2% | +4.4% | |
| Equity Method Income | — | CNY 403,000 | CNY 2.0M |
| YoY % | +388.6% | ||
| Impairment of Real Estate | CNY 0 | CNY 0 | CNY 0 |
| Pretax Income | CNY 1.01B | CNY 3.04B | CNY 1.62B |
| YoY % | +202.3% | -46.8% | |
| Income Tax | CNY 203.8M | CNY 527.5M | CNY 431.7M |
| YoY % | +158.9% | -18.2% | |
| Net Income (incl. NCI) | CNY 802.6M | CNY 2.51B | CNY 1.19B |
| YoY % | +213.3% | -52.8% | |
| Minority Interest (P&L) | CNY 1.7M | CNY 17.4M | CNY 15.2M |
| YoY % | +944.4% | -12.5% | |
| Net Income | CNY 800.9M | CNY 2.52B | CNY 1.17B |
| YoY % | +214.2% | -53.5% | |
| Net Income to Common | CNY 526.9M | CNY 1.44B | CNY 1.02B |
| YoY % | +172.4% | -29.0% | |
| EPS (Basic) | CNY 5.04 | CNY 14.26 | CNY 6.27 |
| YoY % | +182.9% | -56.0% | |
| EPS (Diluted) | CNY 4.98 | CNY 14.26 | CNY 6.18 |
| YoY % | +186.3% | -56.7% | |
| Weighted Avg Shares (Basic) | 104.5M | 100.6M | 162.5M |
| YoY % | -3.7% | +61.5% | |
| Weighted Avg Shares (Diluted) | 152.7M | 100.6M | 164.7M |
| YoY % | -34.1% | +63.7% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
