SHA:688016 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	2016 - 2019
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	2016 - 2019
Operating Revenue	1,248	1,203	1,187	896.5	684.63	465.06	Upgrade
Other Revenue	3.67	3.67	0.01	-	-	5.19	Upgrade
Revenue	1,252	1,206	1,187	896.5	684.63	470.25	Upgrade
Revenue Growth (YoY)	-1.32%	1.61%	32.43%	30.95%	45.59%	40.91%	Upgrade
Cost of Revenue	393.06	330.27	285.93	224.74	154	101.72	Upgrade
Gross Profit	858.48	876.06	901.27	671.76	530.63	368.53	Upgrade
Selling, General & Admin	323.84	250.25	185.19	150.02	103.81	77.95	Upgrade
Research & Development	73.44	93.77	172.88	137.54	102.27	73.01	Upgrade
Other Operating Expenses	-7.68	9.59	9.85	8.3	5.32	2.8	Upgrade
Operating Expenses	403.63	356.86	369.26	298.49	212.68	154.52	Upgrade
Operating Income	454.85	519.2	532.01	373.27	317.95	214.02	Upgrade
Interest Expense	-2.31	-1.65	-1.82	-2.09	-1.77	-	Upgrade
Interest & Investment Income	32	104.5	18.41	15.36	28.79	22.63	Upgrade
Currency Exchange Gain (Loss)	1.59	1.59	1.19	2	-0.44	-0.9	Upgrade
Other Non Operating Income (Expenses)	2.25	-0.38	-0.22	-0.24	-0.16	-0.11	Upgrade
EBT Excluding Unusual Items	488.38	623.26	549.58	388.29	344.38	235.63	Upgrade
Gain (Loss) on Sale of Assets	-0.7	-0.7	-0.1	-0.23	-	-0.04	Upgrade
Asset Writedown	-3.8	-	-	-	-	-	Upgrade
Other Unusual Items	29.64	29.64	22.79	25.83	17.28	13.97	Upgrade
Pretax Income	513.51	652.19	572.27	413.9	361.66	249.55	Upgrade
Income Tax Expense	144.87	159.45	85.05	61.84	48.15	34.94	Upgrade
Earnings From Continuing Operations	368.64	492.75	487.22	352.05	313.51	214.61	Upgrade
Minority Interest in Earnings	9.18	9.35	5.21	4.83	2.34	-	Upgrade
Net Income	377.82	502.1	492.43	356.88	315.86	214.61	Upgrade
Net Income to Common	377.82	502.1	492.43	356.88	315.86	214.61	Upgrade
Net Income Growth	-42.52%	1.96%	37.98%	12.99%	47.17%	51.40%	Upgrade
Shares Outstanding (Basic)	122	123	108	107	107	107	Upgrade
Shares Outstanding (Diluted)	122	123	108	107	107	107	Upgrade
Shares Change (YoY)	1.79%	14.50%	0.50%	0.00%	-0.10%	17.36%	Upgrade
EPS (Basic)	3.10	4.07	4.57	3.33	2.95	2.00	Upgrade
EPS (Diluted)	3.10	4.07	4.57	3.33	2.95	2.00	Upgrade
EPS Growth	-43.54%	-10.95%	37.30%	12.99%	47.32%	29.01%	Upgrade
Free Cash Flow	56.94	160.95	368.05	39.78	210.67	191.22	Upgrade
Free Cash Flow Per Share	0.47	1.30	3.42	0.37	1.97	1.78	Upgrade
Dividend Per Share	1.662	2.012	2.013	1.544	1.409	0.604	Upgrade
Dividend Growth	-54.63%	-0.07%	30.44%	9.52%	133.34%	38.47%	Upgrade
Gross Margin	68.59%	72.62%	75.91%	74.93%	77.51%	78.37%	Upgrade
Operating Margin	36.34%	43.04%	44.81%	41.64%	46.44%	45.51%	Upgrade
Profit Margin	30.19%	41.62%	41.48%	39.81%	46.13%	45.64%	Upgrade
Free Cash Flow Margin	4.55%	13.34%	31.00%	4.44%	30.77%	40.66%	Upgrade
EBITDA	497.1	553.64	556.04	395.92	333.41	227.94	Upgrade
EBITDA Margin	39.72%	45.90%	46.84%	44.16%	48.70%	48.47%	Upgrade
D&A For EBITDA	42.25	34.44	24.03	22.65	15.46	13.92	Upgrade
EBIT	454.85	519.2	532.01	373.27	317.95	214.02	Upgrade
EBIT Margin	36.34%	43.04%	44.81%	41.64%	46.44%	45.51%	Upgrade
Effective Tax Rate	28.21%	24.45%	14.86%	14.94%	13.31%	14.00%	Upgrade
Revenue as Reported	1,252	1,206	1,187	896.5	684.63	470.25	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.