南网科技 (688248.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	3.6B	3.7B	3.0B	2.5B	1.8B
Cost of Revenue	2.5B	2.6B	2.1B	1.8B	1.3B
Gross Profit	1.1B	1.1B	929.0M	719.9M	530.8M
Operating Expenses
R&D Expense	286.6M	278.8M	222.7M	162.6M	121.3M
SG&A Expense	—	—	—	—	—
General & Admin Expense	248.0M	244.7M	217.8M	187.1M	125.4M
Selling & Marketing Expense	115.3M	109.9M	104.1M	77.1M	81.1M
Other Expenses	—	—	—	—	—
Total Operating Expenses	672.1M	649.3M	541.1M	407.8M	301.4M
Cost and Expenses	3.2B	3.2B	2.6B	2.2B	1.6B
Operating Income (EBIT)	461.6M	470.1M	410.9M	310.6M	218.0M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	460.5M	469.0M	410.4M	314.0M	220.9M
Income Tax Expense	40.0M	40.7M	39.8M	30.2M	15.2M
Bottom Line
Net Income	413.2M	420.8M	365.0M	281.3M	205.7M
Earnings from Cont. Ops	420.5M	428.3M	370.5M	283.8M	205.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	413.2M	420.8M	365.0M	281.3M	205.7M
Per Share
Basic EPS	CN¥0.74	CN¥0.75	CN¥0.65	CN¥0.50	CN¥0.36
Diluted EPS	CN¥0.74	CN¥0.75	CN¥0.65	CN¥0.50	CN¥0.36
Revenue Per Share	CN¥6.61	CN¥6.57	CN¥5.37	CN¥4.51	CN¥3.13
Shares
Basic Shares Outstanding	548.0M	561.1M	561.6M	562.5M	571.5M
Diluted Shares Outstanding	548.0M	561.1M	561.6M	562.5M	571.5M
Profitability Metrics
EBITDA	—	570.3M	493.6M	370.3M	252.0M
D&A	—	100.2M	82.8M	59.7M	34.0M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026