Loading company

Income Statement · Annual · Millions · CNY

Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	788	4,447	9,220	13,564	16,636	16,554	16,290	17,166	19,205
Cost of revenue	122	666	1,083	1,601	2,252	2,373	2,660	2,901	3,002
Net interest income	2	10	(42)	77	126	–	–	–	–
Provision for credit losses	12	44	487	699	965	1,580	2,151	2,773	3,625
Gross profit	666	3,781	8,136	11,963	14,383	14,180	13,630	14,265	16,203
Realized investment gains (losses)	–	–	–	–	–	(20)	(30)	–	–
Net interest income after provision	(10)	(34)	(529)	(622)	(839)	–	–	–	–
Selling, general and administrative	391	1,883	3,280	1,535	2,648	2,620	2,361	2,175	3,129
Operating income	211	1,645	2,894	3,790	6,786	4,472	4,857	7,529	6,678
Interest and investment income	2	10	–	–	–	–	–	–	–
Other non-operating income (expense)	0	8	140	113	65	268	231	125	165
Income before taxes	213	1,660	2,967	4,082	7,023	4,742	5,277	7,892	7,376
Income tax expense	48	466	466	586	1,258	737	1,009	1,644	1,400
Net income from continuing operations	165	1,193	2,501	3,496	5,765	4,006	4,269	6,248	5,976
Net income	165	1,193	2,501	3,496	5,765	4,006	4,269	6,248	5,976
Net income to common shareholders	165	(1,904)	2,502	3,497	5,782	4,024	4,285	6,264	5,990