SHA:605180 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	348.06	348.81	236.77	273.96	636.52	365.88
Other Revenue	2.95	2.95	2.61	2.78	6.1	2.97
Revenue	351.01	351.75	239.38	276.75	642.62	368.85
Revenue Growth (YoY)	6.77%	46.94%	-13.50%	-56.94%	74.22%	16.11%
Cost of Revenue	267.78	260.04	183.48	201.61	391.87	212.4
Gross Profit	83.23	91.72	55.91	75.13	250.75	156.45
Selling, General & Admin	25.71	22.42	19.45	17.65	21.48	15.45
Research & Development	13.59	12.83	13.07	13.12	22.19	12.27
Other Operating Expenses	2.43	2.11	2.63	2.42	2.28	0.47
Operating Expenses	51.44	48.89	48.09	30.48	51.1	30.95
Operating Income	31.79	42.82	7.82	44.66	199.65	125.5
Interest Expense	-0.65	-0.15	-	-	-0.01	-0.04
Interest & Investment Income	3.97	15.36	18.28	10.59	9.79	2.44
Currency Exchange Gain (Loss)	1.19	1.19	2.12	8.81	-1.63	-2.32
Other Non Operating Income (Expenses)	-1.51	-0.32	0.94	-1.47	-0.18	-0.2
EBT Excluding Unusual Items	34.78	58.91	29.16	62.58	207.61	125.38
Gain (Loss) on Sale of Investments	-2.64	-2.64	-	-	-	-
Gain (Loss) on Sale of Assets	0.04	0.1	-0.04	0.13	5.11	-0.05
Asset Writedown	-1.56	-	-	-	-4.18	-0.33
Other Unusual Items	-0.43	0.27	1.91	3.53	0.2	-
Pretax Income	30.19	56.63	31.03	66.24	208.74	125.01
Income Tax Expense	3.47	7.21	3.25	7.27	28.33	17.48
Net Income	26.72	49.42	27.78	58.97	180.41	107.53
Net Income to Common	26.72	49.42	27.78	58.97	180.41	107.53
Net Income Growth	-43.42%	77.91%	-52.89%	-67.31%	67.77%	24.20%
Shares Outstanding (Basic)	175	170	174	168	154	127
Shares Outstanding (Diluted)	175	170	174	168	154	127
Shares Change (YoY)	3.10%	-1.85%	3.05%	9.19%	21.42%	-0.12%
EPS (Basic)	0.15	0.29	0.16	0.35	1.17	0.85
EPS (Diluted)	0.15	0.29	0.16	0.35	1.17	0.85
EPS Growth	-45.13%	81.25%	-54.29%	-70.06%	38.17%	24.35%
Free Cash Flow	-283.54	-176.85	-27.27	125	-43.19	9.28
Free Cash Flow Per Share	-1.62	-1.04	-0.16	0.74	-0.28	0.07
Dividend Per Share	0.130	0.130	0.080	0.154	0.592	-
Dividend Growth	62.50%	62.50%	-47.98%	-74.01%	-	-
Gross Margin	23.71%	26.07%	23.36%	27.15%	39.02%	42.42%
Operating Margin	9.06%	12.17%	3.26%	16.14%	31.07%	34.02%
Profit Margin	7.61%	14.05%	11.61%	21.31%	28.07%	29.15%
Free Cash Flow Margin	-80.78%	-50.28%	-11.39%	45.17%	-6.72%	2.52%
EBITDA	53.71	63.84	27.64	63.56	215.14	135.43
EBITDA Margin	15.30%	18.15%	11.55%	22.97%	33.48%	36.72%
D&A For EBITDA	21.92	21.02	19.83	18.9	15.49	9.93
EBIT	31.79	42.82	7.82	44.66	199.65	125.5
EBIT Margin	9.06%	12.17%	3.26%	16.14%	31.07%	34.02%
Effective Tax Rate	11.49%	12.73%	10.47%	10.98%	13.57%	13.98%

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