SHA:688026 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	538.19	530.82	449.41	603.62	847.18	498.12
Other Revenue	27.84	27.84	13.69	6.2	8.48	5.82
Revenue	566.02	558.66	463.1	609.82	855.66	503.93
Revenue Growth (YoY)	7.96%	20.64%	-24.06%	-28.73%	69.80%	103.61%
Cost of Revenue	327.46	332.54	327.18	431.23	508.24	289.79
Gross Profit	238.56	226.11	135.91	178.59	347.42	214.14
Selling, General & Admin	92.71	79.74	58.33	56.49	59.69	37.03
Research & Development	27.51	26.25	28.51	37.34	43.84	23.9
Other Operating Expenses	12.48	6.94	6.67	7.53	3.51	3.26
Operating Expenses	133.6	116.71	96.46	99.9	110.35	65
Operating Income	104.96	109.4	39.46	78.69	237.07	149.15
Interest Expense	-27.76	-26.44	-24.79	-12.85	-1.09	-0
Interest & Investment Income	9.52	14.52	14.38	8.14	6.83	11.09
Currency Exchange Gain (Loss)	-0.46	-0.46	5.45	12.05	-9.6	-10.4
Other Non Operating Income (Expenses)	7.22	-0.27	-0.11	8.06	-10.84	-7.55
EBT Excluding Unusual Items	93.49	96.76	34.38	94.1	222.36	142.28
Gain (Loss) on Sale of Investments	-0.64	-1.03	-0.8	-1.67	-	-
Gain (Loss) on Sale of Assets	-0.24	-0.17	-1.81	0.47	0	-0.36
Asset Writedown	2.64	-5.46	-0.53	-9.02	-22.93	-5.88
Other Unusual Items	5.45	5.53	7.07	14.13	-3.78	11.72
Pretax Income	100.69	95.62	38.32	98	195.65	147.76
Income Tax Expense	19.44	22.65	3.22	10.31	24.49	28.39
Earnings From Continuing Operations	81.25	72.96	35.1	87.69	171.16	119.37
Minority Interest in Earnings	-1.93	-0.77	-0.31	0.02	-	-
Net Income	79.32	72.19	34.79	87.71	171.16	119.37
Net Income to Common	79.32	72.19	34.79	87.71	171.16	119.37
Net Income Growth	11.75%	107.51%	-60.34%	-48.75%	43.38%	80.45%
Shares Outstanding (Basic)	149	139	139	139	140	137
Shares Outstanding (Diluted)	149	139	139	139	140	137
Shares Change (YoY)	18.37%	-0.24%	-0.05%	-0.76%	2.41%	30.17%
EPS (Basic)	0.53	0.52	0.25	0.63	1.22	0.87
EPS (Diluted)	0.53	0.52	0.25	0.63	1.22	0.87
EPS Growth	-5.60%	108.00%	-60.32%	-48.36%	40.01%	38.63%
Free Cash Flow	29.27	-56.72	-48.91	-7	-57.54	-63.32
Free Cash Flow Per Share	0.20	-0.41	-0.35	-0.05	-0.41	-0.46
Dividend Per Share	0.073	0.073	0.072	0.071	0.429	0.086
Dividend Growth	0.97%	0.97%	1.49%	-83.38%	400.12%	-76.00%
Gross Margin	42.15%	40.47%	29.35%	29.29%	40.60%	42.49%
Operating Margin	18.54%	19.58%	8.52%	12.90%	27.71%	29.60%
Profit Margin	14.01%	12.92%	7.51%	14.38%	20.00%	23.69%
Free Cash Flow Margin	5.17%	-10.15%	-10.56%	-1.15%	-6.72%	-12.57%
EBITDA	163.24	167.77	97.95	132.51	280.82	171.35
EBITDA Margin	28.84%	30.03%	21.15%	21.73%	32.82%	34.00%
D&A For EBITDA	58.28	58.37	58.5	53.82	43.74	22.2
EBIT	104.96	109.4	39.46	78.69	237.07	149.15
EBIT Margin	18.54%	19.58%	8.52%	12.90%	27.71%	29.60%
Effective Tax Rate	19.31%	23.69%	8.41%	10.52%	12.52%	19.21%
Revenue as Reported	566.02	558.66	463.1	609.82	855.66	503.93
Advertising Expenses	-	4	4.74	2.7	3.02	3.2

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