SHA:688057 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	335.57	407.94	501.75	786.67	910.44	968.71
Other Revenue	1.07	1.07	3.47	4.3	2.16	2.17
Revenue	336.64	409.02	505.22	790.98	912.6	970.88
Revenue Growth (YoY)	-24.05%	-19.04%	-36.13%	-13.33%	-6.00%	24.81%
Cost of Revenue	129.65	157.15	183.37	259.83	316.5	334.02
Gross Profit	207	251.87	321.85	531.14	596.1	636.86
Selling, General & Admin	78.89	83.11	100.62	130.07	144.02	160.26
Research & Development	29.54	33.35	40.92	46.89	48.33	49.86
Other Operating Expenses	1.71	1.93	-0.2	-1.63	5.62	1.42
Operating Expenses	158.72	155.2	185.5	251.4	237.16	227.18
Operating Income	48.28	96.67	136.35	279.74	358.94	409.69
Interest Expense	-4.05	-2.92	-2.46	-1.77	-2.22	-3.79
Interest & Investment Income	59.98	54.94	49.54	43.05	40.86	7.99
Currency Exchange Gain (Loss)	0	0	-0	-0	-0.01	0
Other Non Operating Income (Expenses)	8.45	-0.23	0.99	0.5	0.52	0.17
EBT Excluding Unusual Items	112.66	148.45	184.43	321.51	398.09	414.05
Gain (Loss) on Sale of Investments	-3.51	-2.28	6.56	-2.25	-	-
Gain (Loss) on Sale of Assets	0.03	0.16	-0.16	-3.19	-0.39	-3.58
Asset Writedown	-0.21	-0.15	0.17	-	-1.24	-0.3
Other Unusual Items	4.09	4.09	-	4.61	27.27	20.27
Pretax Income	113.06	150.28	191.01	320.68	423.72	430.44
Income Tax Expense	10.79	13.95	10.9	19.68	36.56	45.99
Earnings From Continuing Operations	102.27	136.33	180.11	301	387.16	384.45
Minority Interest in Earnings	2.01	0.51	2.95	2.73	-4.12	2.24
Net Income	104.28	136.84	183.06	303.73	383.04	386.69
Net Income to Common	104.28	136.84	183.06	303.73	383.04	386.69
Net Income Growth	-43.12%	-25.25%	-39.73%	-20.71%	-0.94%	50.09%
Shares Outstanding (Basic)	274	274	277	276	276	213
Shares Outstanding (Diluted)	274	274	277	276	276	213
Shares Change (YoY)	-1.32%	-1.33%	0.50%	-0.01%	29.73%	2.78%
EPS (Basic)	0.38	0.50	0.66	1.10	1.39	1.82
EPS (Diluted)	0.38	0.50	0.66	1.10	1.39	1.82
EPS Growth	-42.36%	-24.24%	-40.03%	-20.70%	-23.65%	46.03%
Free Cash Flow	241.28	173.65	290.28	68.49	112.17	366.89
Free Cash Flow Per Share	0.88	0.63	1.05	0.25	0.41	1.73
Dividend Per Share	0.250	0.250	0.500	1.000	1.000	1.000
Dividend Growth	-50.00%	-50.00%	-50.00%	-	-	42.86%
Gross Margin	61.49%	61.58%	63.71%	67.15%	65.32%	65.60%
Operating Margin	14.34%	23.63%	26.99%	35.37%	39.33%	42.20%
Profit Margin	30.98%	33.46%	36.23%	38.40%	41.97%	39.83%
Free Cash Flow Margin	71.67%	42.45%	57.45%	8.66%	12.29%	37.79%
EBITDA	76.77	125.59	165.85	308.09	387.33	438.47
EBITDA Margin	22.80%	30.70%	32.83%	38.95%	42.44%	45.16%
D&A For EBITDA	28.49	28.92	29.49	28.35	28.39	28.78
EBIT	48.28	96.67	136.35	279.74	358.94	409.69
EBIT Margin	14.34%	23.63%	26.99%	35.37%	39.33%	42.20%
Effective Tax Rate	9.54%	9.28%	5.71%	6.14%	8.63%	10.68%
Revenue as Reported	336.64	409.02	505.22	790.98	912.6	970.88
Advertising Expenses	-	0.19	0.4	5.47	6.79	3.25

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