CoCreation Grass 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	3,150	2,935	2,445	2,454	2,291	1,844
Other Revenue	17.08	17.08	16.33	16.33	10.21	6.26
Revenue	3,167	2,952	2,461	2,471	2,302	1,850
Revenue Growth (YoY)	12.93%	19.92%	-0.38%	7.35%	24.39%	19.10%
Cost of Revenue	2,141	2,086	1,721	1,777	1,669	1,172
Gross Profit	1,026	865.57	740.52	694.19	632.65	678.08
Selling, General & Admin	271.06	258.7	222.66	208.47	179.27	156.02
Research & Development	97.3	90.43	83.04	79.28	74.23	58.37
Other Operating Expenses	11.26	6.55	7.12	13.23	10.74	13.86
Operating Expenses	389.09	361.25	319.23	308.28	268.8	232.03
Operating Income	637.26	504.33	421.29	385.91	363.85	446.05
Interest Expense	-7.5	-2.36	-3.09	-2.09	-0.16	-3.04
Interest & Investment Income	33.26	32.66	22.08	12.78	18.42	2.81
Currency Exchange Gain (Loss)	27.04	27.04	21.5	70.43	-12	-29.88
Other Non Operating Income (Expenses)	3.29	-2.66	-2.22	-2.72	-2.83	-2.05
EBT Excluding Unusual Items	693.36	559.01	459.56	464.3	367.27	413.89
Gain (Loss) on Sale of Investments	2.3	0.85	4.88	6.01	0.01	-
Gain (Loss) on Sale of Assets	-0.16	-0.03	-0.5	0.18	-0.07	0.22
Asset Writedown	3.87	-0.1	-	-	-	-0.15
Other Unusual Items	3.61	5.31	10.82	12.3	24.15	29.43
Pretax Income	702.98	565.04	474.76	482.78	391.36	443.39
Income Tax Expense	70.13	53.79	43.53	35.75	11.07	32.47
Net Income	632.85	511.25	431.22	447.03	380.29	410.92
Net Income to Common	632.85	511.25	431.22	447.03	380.29	410.92
Net Income Growth	33.91%	18.56%	-3.54%	17.55%	-7.45%	44.38%
Shares Outstanding (Basic)	400	399	399	399	400	370
Shares Outstanding (Diluted)	400	399	399	399	400	370
Shares Change (YoY)	-0.06%	0.03%	0.04%	-0.29%	8.13%	2.76%
EPS (Basic)	1.58	1.28	1.08	1.12	0.95	1.11
EPS (Diluted)	1.58	1.28	1.08	1.12	0.95	1.11
EPS Growth	33.99%	18.52%	-3.57%	17.89%	-14.41%	40.51%
Free Cash Flow	530.71	295.11	318.4	372.49	21.16	306.96
Free Cash Flow Per Share	1.33	0.74	0.80	0.93	0.05	0.83
Dividend Per Share	0.640	0.640	0.540	0.560	0.473	0.500
Dividend Growth	18.52%	18.52%	-3.57%	18.43%	-5.43%	-
Gross Margin	32.41%	29.32%	30.09%	28.10%	27.49%	36.65%
Operating Margin	20.12%	17.09%	17.12%	15.62%	15.81%	24.11%
Profit Margin	19.98%	17.32%	17.52%	18.09%	16.52%	22.21%
Free Cash Flow Margin	16.76%	10.00%	12.94%	15.08%	0.92%	16.59%
EBITDA	711.14	588.11	518.28	483.81	447.07	516.11
EBITDA Margin	22.45%	19.92%	21.06%	19.58%	19.42%	27.89%
D&A For EBITDA	73.88	83.78	96.99	97.9	83.22	70.05
EBIT	637.26	504.33	421.29	385.91	363.85	446.05
EBIT Margin	20.12%	17.09%	17.12%	15.62%	15.81%	24.11%
Effective Tax Rate	9.98%	9.52%	9.17%	7.41%	2.83%	7.32%
Revenue as Reported	3,167	2,952	2,461	2,471	2,302	1,850
Advertising Expenses	-	11.2	11.86	6.49	6.18	6.15

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