SHA:688080 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	750.85	609.54	492.61	384.21	445.22	310.63
Other Revenue	2.2	2.2	0.71	2.75	4.32	0.18
Revenue	753.05	611.74	493.33	386.95	449.54	310.81
Revenue Growth (YoY)	37.03%	24.00%	27.49%	-13.92%	44.63%	4.77%
Cost of Revenue	381.85	295.94	244	202.04	247.16	166.24
Gross Profit	371.19	315.8	249.33	184.92	202.38	144.57
Selling, General & Admin	144.45	127.55	109.18	84.33	75.67	66.12
Research & Development	67.22	64.31	59.04	54.2	47.72	37.85
Other Operating Expenses	-5.66	-5.76	-6.7	-5.64	-6.41	-3.66
Operating Expenses	205.16	185.7	161.77	131.71	116.41	105.05
Operating Income	166.03	130.1	87.56	53.21	85.97	39.52
Interest Expense	-0.5	-0.4	-0.31	-0.15	-0.1	-
Interest & Investment Income	14.9	17.91	13.71	12.52	32.62	7.33
Currency Exchange Gain (Loss)	2.98	2.98	2.34	9.47	-2.27	-5.64
Other Non Operating Income (Expenses)	-3.23	-0.87	-0.13	-0.72	-0.58	-0.25
EBT Excluding Unusual Items	180.17	149.73	103.17	74.32	115.64	40.97
Gain (Loss) on Sale of Assets	-0.01	0	0	-0.04	0	-0.02
Asset Writedown	1.23	-0.03	-0.02	-0	-	-
Other Unusual Items	1.8	1.77	1.92	2.55	5.79	3.79
Pretax Income	183.19	151.48	105.06	76.83	121.43	44.74
Income Tax Expense	32.13	20.64	10.88	6.43	12.17	3.38
Earnings From Continuing Operations	151.06	130.84	94.19	70.4	109.27	41.36
Minority Interest in Earnings	-2	-0.95	-0.24	-0.05	-4.32	-0.94
Net Income	149.06	129.89	93.95	70.35	104.95	40.42
Net Income to Common	149.06	129.89	93.95	70.35	104.95	40.42
Net Income Growth	37.48%	38.25%	33.55%	-32.97%	159.65%	-21.92%
Shares Outstanding (Basic)	74	74	74	73	73	71
Shares Outstanding (Diluted)	74	74	74	73	73	71
Shares Change (YoY)	-0.50%	-0.01%	0.72%	-0.25%	3.85%	28.84%
EPS (Basic)	2.02	1.76	1.27	0.96	1.43	0.57
EPS (Diluted)	2.02	1.76	1.27	0.96	1.43	0.57
EPS Growth	38.18%	38.27%	32.60%	-32.80%	150.02%	-39.40%
Free Cash Flow	123.73	110.04	182.08	53	32.59	49.04
Free Cash Flow Per Share	1.68	1.49	2.47	0.72	0.44	0.69
Dividend Per Share	0.200	0.200	0.170	0.100	0.100	0.114
Dividend Growth	17.91%	17.91%	70.00%	-	-12.51%	-20.01%
Gross Margin	49.29%	51.62%	50.54%	47.79%	45.02%	46.52%
Operating Margin	22.05%	21.27%	17.75%	13.75%	19.13%	12.72%
Profit Margin	19.79%	21.23%	19.04%	18.18%	23.35%	13.00%
Free Cash Flow Margin	16.43%	17.99%	36.91%	13.70%	7.25%	15.78%
EBITDA	170.57	134.53	91.85	57.48	89.91	41.75
EBITDA Margin	22.65%	21.99%	18.62%	14.86%	20.00%	13.43%
D&A For EBITDA	4.54	4.43	4.29	4.28	3.94	2.23
EBIT	166.03	130.1	87.56	53.21	85.97	39.52
EBIT Margin	22.05%	21.27%	17.75%	13.75%	19.13%	12.72%
Effective Tax Rate	17.54%	13.62%	10.35%	8.37%	10.02%	7.55%
Revenue as Reported	753.05	611.74	493.33	386.95	449.54	310.81
Advertising Expenses	-	2.5	2.41	2.92	5.11	4.73

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