SHA:688019 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	2,335	1,835	1,237	1,076	686.37	422.21
Other Revenue	0.26	0.26	0.42	0.5	0.29	0.17
Revenue	2,335	1,835	1,238	1,077	686.66	422.38
Revenue Growth (YoY)	41.35%	48.24%	14.96%	56.82%	62.57%	47.99%
Cost of Revenue	1,031	788.49	553.31	499.05	339.19	207.21
Gross Profit	1,304	1,047	684.57	577.74	347.47	215.17
Selling, General & Admin	179.04	179.88	129.39	102.66	89.42	61.9
Research & Development	413.78	331.56	234.28	157.79	147.81	86.03
Other Operating Expenses	-45.81	-18.72	-12.48	4.99	6.44	3.76
Operating Expenses	554.37	498.66	353.69	268.59	249.51	152.44
Operating Income	749.53	547.87	330.87	309.15	97.95	62.73
Interest Expense	-20.72	-9.48	-7.96	-6.73	-3.77	-0.13
Interest & Investment Income	50.71	23.81	14.23	3.97	10.43	10.72
Currency Exchange Gain (Loss)	15.77	15.77	7.81	31.72	-5.81	-7.33
Other Non Operating Income (Expenses)	-4.22	-1.29	-0.47	-0.43	-0.38	-0.25
EBT Excluding Unusual Items	791.07	576.68	344.48	337.67	98.43	65.74
Impairment of Goodwill	-7.39	-7.39	-	-	-	-
Gain (Loss) on Sale of Investments	24.5	-17.69	8.76	-10.32	8.78	90.37
Gain (Loss) on Sale of Assets	-0.38	-0.39	-0.69	-0.06	-0.26	0.01
Asset Writedown	-21.27	-3.29	-0.06	-	-	-
Other Unusual Items	19.41	19.7	87.94	11.9	25.12	16.01
Pretax Income	805.93	567.62	440.42	339.2	132.07	172.13
Income Tax Expense	56.53	33.98	37.69	37.76	6.98	18.14
Net Income	749.4	533.64	402.73	301.44	125.08	153.99
Net Income to Common	749.4	533.64	402.73	301.44	125.08	153.99
Net Income Growth	56.16%	32.51%	33.61%	140.99%	-18.77%	133.86%
Shares Outstanding (Basic)	168	168	166	164	164	163
Shares Outstanding (Diluted)	168	168	167	164	164	163
Shares Change (YoY)	0.56%	0.50%	1.77%	0.07%	0.24%	16.93%
EPS (Basic)	4.47	3.18	2.42	1.84	0.76	0.94
EPS (Diluted)	4.45	3.18	2.42	1.84	0.76	0.94
EPS Growth	55.30%	31.85%	31.28%	140.82%	-18.96%	100.00%
Free Cash Flow	162.61	225.85	-1.68	42.84	-180.01	9.07
Free Cash Flow Per Share	0.96	1.35	-0.01	0.26	-1.10	0.06
Dividend Per Share	0.346	0.346	0.207	0.191	0.104	0.098
Dividend Growth	67.17%	67.17%	8.32%	84.38%	6.36%	-21.05%
Gross Margin	55.84%	57.03%	55.30%	53.65%	50.60%	50.94%
Operating Margin	32.10%	29.86%	26.73%	28.71%	14.27%	14.85%
Profit Margin	32.09%	29.08%	32.53%	27.99%	18.22%	36.46%
Free Cash Flow Margin	6.96%	12.31%	-0.14%	3.98%	-26.21%	2.15%
EBITDA	846.64	628.27	388.98	347.59	118.64	72.86
EBITDA Margin	36.26%	34.24%	31.42%	32.28%	17.28%	17.25%
D&A For EBITDA	97.11	80.39	58.1	38.44	20.69	10.13
EBIT	749.53	547.87	330.87	309.15	97.95	62.73
EBIT Margin	32.10%	29.86%	26.73%	28.71%	14.27%	14.85%
Effective Tax Rate	7.02%	5.99%	8.56%	11.13%	5.29%	10.54%
Revenue as Reported	2,335	1,835	1,238	1,077	686.66	422.38

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