SHA:603090 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	725.79	690.85	679.81	691.66	535.86	314
Other Revenue	22.18	22.18	16.12	22.61	23.46	11.15
Revenue	747.97	713.04	695.93	714.27	559.32	325.15
Revenue Growth (YoY)	10.15%	2.46%	-2.57%	27.70%	72.02%	-33.75%
Cost of Revenue	573.61	538.42	532.97	577.62	464.09	245.93
Gross Profit	174.37	174.61	162.95	136.65	95.23	79.22
Selling, General & Admin	71.6	69.1	59.27	47.02	38.08	36.51
Research & Development	34.45	33.15	31.03	28.23	24.76	22.77
Other Operating Expenses	9.19	6.16	5.13	3.82	6.27	3.89
Operating Expenses	112.9	113.39	95.54	85.53	78.23	64.57
Operating Income	61.47	61.22	67.41	51.11	17	14.65
Interest Expense	-3.71	-3.8	-3.46	-3.23	-2.05	-2.67
Interest & Investment Income	4.48	3.99	1.84	0.84	2.68	1.61
Currency Exchange Gain (Loss)	2.47	2.47	4.83	14.26	-7.12	-5.78
Other Non Operating Income (Expenses)	5.15	-0.75	-0.9	-0.39	-0.35	-0.36
EBT Excluding Unusual Items	69.87	63.12	69.73	62.6	10.17	7.45
Gain (Loss) on Sale of Investments	-0.93	-2.86	-0.27	-	-	0.2
Gain (Loss) on Sale of Assets	-0.22	-0.1	-0.09	-0.08	-0.02	-0.02
Asset Writedown	4.07	-2.3	-	-	-	-
Other Unusual Items	4.53	2.9	1.35	1.61	2.67	2.06
Pretax Income	77.32	60.75	70.73	64.13	12.82	9.7
Income Tax Expense	11.89	11.02	15.06	9.89	-1.88	1.7
Earnings From Continuing Operations	65.43	49.73	55.66	54.24	14.7	7.99
Minority Interest in Earnings	0.54	-0.37	-1.88	-0.84	-0.04	-1.45
Net Income	65.97	49.36	53.78	53.39	14.66	6.54
Net Income to Common	65.97	49.36	53.78	53.39	14.66	6.54
Net Income Growth	47.70%	-8.22%	0.73%	264.07%	124.16%	-78.92%
Shares Outstanding (Basic)	102	101	100	101	98	93
Shares Outstanding (Diluted)	102	101	100	101	98	93
Shares Change (YoY)	2.17%	1.15%	-1.14%	3.04%	4.61%	-6.64%
EPS (Basic)	0.65	0.49	0.54	0.53	0.15	0.07
EPS (Diluted)	0.65	0.49	0.54	0.53	0.15	0.07
EPS Growth	44.56%	-9.26%	1.89%	253.33%	114.29%	-77.42%
Free Cash Flow	67.87	75.19	90.67	0.22	-79.69	21.96
Free Cash Flow Per Share	0.67	0.75	0.91	0.00	-0.81	0.23
Dividend Per Share	0.300	0.300	0.300	0.300	0.300	-
Gross Margin	23.31%	24.49%	23.41%	19.13%	17.03%	24.37%
Operating Margin	8.22%	8.58%	9.69%	7.16%	3.04%	4.51%
Profit Margin	8.82%	6.92%	7.73%	7.47%	2.62%	2.01%
Free Cash Flow Margin	9.07%	10.54%	13.03%	0.03%	-14.25%	6.75%
EBITDA	81.73	81.36	87.39	70.86	36.08	32.94
EBITDA Margin	10.93%	11.41%	12.56%	9.92%	6.45%	10.13%
D&A For EBITDA	20.26	20.14	19.98	19.75	19.07	18.29
EBIT	61.47	61.22	67.41	51.11	17	14.65
EBIT Margin	8.22%	8.58%	9.69%	7.16%	3.04%	4.51%
Effective Tax Rate	15.38%	18.14%	21.30%	15.43%	-	17.59%
Revenue as Reported	747.97	713.04	695.93	714.27	559.32	325.15
Advertising Expenses	-	5.5	6.09	1.81	0.68	0.82

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.