SHA:688059 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	936.27	750.12	789.52	599.26	483.14	311.19
Other Revenue	8.93	8.93	4.75	2.38	2.34	1
Revenue	945.21	759.06	794.27	601.64	485.48	312.19
Revenue Growth (YoY)	19.46%	-4.43%	32.02%	23.93%	55.51%	20.57%
Cost of Revenue	592.18	478.9	438.8	310.68	241.62	154.63
Gross Profit	353.03	280.15	355.47	290.96	243.86	157.55
Selling, General & Admin	63.04	67.28	78.52	52.87	39.38	27.29
Research & Development	41.2	50.75	60.87	41.56	24.91	19.75
Other Operating Expenses	0.68	-2.12	-0.86	2.69	4.17	2.97
Operating Expenses	107.49	125.07	149.03	101.23	69.43	50.59
Operating Income	245.54	155.09	206.44	189.72	174.43	106.96
Interest Expense	-40.92	-38.28	-30.04	-15.08	-1.55	-4.72
Interest & Investment Income	0.54	1.15	4.92	6.72	5.51	0.22
Currency Exchange Gain (Loss)	0.32	0.32	-0.02	-0.03	0.07	-0.13
Other Non Operating Income (Expenses)	-0.34	-0.72	-0.7	-0.62	-0.09	0.1
EBT Excluding Unusual Items	205.14	117.56	180.6	180.72	178.36	102.42
Gain (Loss) on Sale of Investments	1.59	1.6	0.15	-0.2	0.58	-
Gain (Loss) on Sale of Assets	-0.95	-0.11	-0.57	-0.01	-0.74	-0.52
Asset Writedown	-15.43	-	-1.23	-	-	-
Legal Settlements	-	-	-	-0.59	-	-
Other Unusual Items	0.97	1.06	3.69	6.56	8.65	0.33
Pretax Income	191.32	120.1	182.64	186.49	186.86	102.23
Income Tax Expense	23.97	13.14	24.74	20.53	24.51	13.23
Net Income	167.35	106.96	157.91	165.96	162.35	89
Net Income to Common	167.35	106.96	157.91	165.96	162.35	89
Net Income Growth	29.41%	-32.26%	-4.85%	2.22%	82.41%	23.94%
Shares Outstanding (Basic)	87	87	86	86	83	65
Shares Outstanding (Diluted)	87	87	86	86	83	65
Shares Change (YoY)	0.52%	0.24%	-0.02%	4.50%	27.93%	0.06%
EPS (Basic)	1.93	1.24	1.83	1.92	1.96	1.38
EPS (Diluted)	1.93	1.24	1.83	1.92	1.96	1.38
EPS Growth	28.74%	-32.42%	-4.83%	-2.18%	42.59%	23.86%
Free Cash Flow	260.48	-75.76	-258.1	-270.4	0.27	-0.38
Free Cash Flow Per Share	3.00	-0.88	-2.99	-3.13	0.00	-0.01
Dividend Per Share	1.029	0.429	0.571	0.612	0.612	0.510
Dividend Growth	80.01%	-24.99%	-6.66%	-	19.99%	-
Gross Margin	37.35%	36.91%	44.75%	48.36%	50.23%	50.47%
Operating Margin	25.98%	20.43%	25.99%	31.54%	35.93%	34.26%
Profit Margin	17.71%	14.09%	19.88%	27.58%	33.44%	28.51%
Free Cash Flow Margin	27.56%	-9.98%	-32.50%	-44.94%	0.06%	-0.12%
EBITDA	397.36	281.39	298.72	245.25	218.28	141.79
EBITDA Margin	42.04%	37.07%	37.61%	40.76%	44.96%	45.42%
D&A For EBITDA	151.82	126.3	92.28	55.53	43.86	34.83
EBIT	245.54	155.09	206.44	189.72	174.43	106.96
EBIT Margin	25.98%	20.43%	25.99%	31.54%	35.93%	34.26%
Effective Tax Rate	12.53%	10.94%	13.54%	11.01%	13.11%	12.94%
Revenue as Reported	945.21	759.06	794.27	601.64	-	-
Advertising Expenses	-	1.07	1.58	0.84	1.09	0.97

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