SHA:688092 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	457.08	451.29	383.68	296.92	318.71	222.5
Other Revenue	0.22	0.22	0.32	0.13	0.12	0.07
Revenue	457.3	451.51	384	297.05	318.83	222.57
Revenue Growth (YoY)	1.67%	17.58%	29.27%	-6.83%	43.25%	5.39%
Cost of Revenue	267.76	263.7	222.61	170.27	181.23	115.47
Gross Profit	189.54	187.81	161.39	126.78	137.6	107.1
Selling, General & Admin	107.55	96.45	70.4	62.81	61.67	37.2
Research & Development	37.71	33.18	25.83	32.44	27.04	20.05
Other Operating Expenses	-6.66	-7.21	-4.8	-2.24	-3.95	-3.1
Operating Expenses	140.27	125.05	93.77	94.43	86.19	55.61
Operating Income	49.26	62.76	67.62	32.36	51.4	51.5
Interest Expense	-0.46	-0.73	-0.5	-0.86	-0.62	-0.48
Interest & Investment Income	14.52	14.07	10.06	4.71	5.48	1.73
Currency Exchange Gain (Loss)	3	3	3.26	10.26	-1.86	-4.01
Other Non Operating Income (Expenses)	-0.92	-0.1	-0.2	-0.25	-0.2	0.53
EBT Excluding Unusual Items	65.41	79	80.25	46.23	54.21	49.27
Impairment of Goodwill	-4.3	-4.3	-	-	-	-
Gain (Loss) on Sale of Investments	0.12	0.13	0.25	0.01	0.5	-0.07
Gain (Loss) on Sale of Assets	0.01	0	0.17	0.01	-0	0.03
Asset Writedown	-0.4	-	-	-	-	-
Other Unusual Items	0.61	0.61	2.78	4.08	3.55	5.37
Pretax Income	61.44	75.44	83.45	50.33	58.25	54.6
Income Tax Expense	7.24	8.43	8.16	4.94	5.03	5.71
Net Income	54.2	67.01	75.3	45.39	53.22	48.89
Net Income to Common	54.2	67.01	75.3	45.39	53.22	48.89
Net Income Growth	-25.90%	-11.00%	65.90%	-14.73%	8.86%	9.33%
Shares Outstanding (Basic)	82	82	82	83	78	62
Shares Outstanding (Diluted)	82	82	82	83	78	62
Shares Change (YoY)	0.06%	-0.15%	-0.82%	6.31%	24.74%	0.38%
EPS (Basic)	0.66	0.82	0.92	0.55	0.69	0.79
EPS (Diluted)	0.66	0.82	0.92	0.55	0.69	0.79
EPS Growth	-25.94%	-10.87%	67.27%	-19.79%	-12.73%	8.91%
Free Cash Flow	115.48	68.48	70.26	27.81	-5.24	29
Free Cash Flow Per Share	1.40	0.84	0.86	0.34	-0.07	0.47
Dividend Per Share	0.280	0.360	0.510	0.171	0.193	0.179
Dividend Growth	-59.42%	-29.41%	197.55%	-11.15%	8.01%	-
Gross Margin	41.45%	41.59%	42.03%	42.68%	43.16%	48.12%
Operating Margin	10.77%	13.90%	17.61%	10.89%	16.12%	23.14%
Profit Margin	11.85%	14.84%	19.61%	15.28%	16.69%	21.97%
Free Cash Flow Margin	25.25%	15.17%	18.30%	9.36%	-1.64%	13.03%
EBITDA	55.79	68.69	72.76	37.28	55.79	54.18
EBITDA Margin	12.20%	15.21%	18.95%	12.55%	17.50%	24.34%
D&A For EBITDA	6.53	5.93	5.13	4.92	4.39	2.69
EBIT	49.26	62.76	67.62	32.36	51.4	51.5
EBIT Margin	10.77%	13.90%	17.61%	10.89%	16.12%	23.14%
Effective Tax Rate	11.79%	11.18%	9.78%	9.82%	8.63%	10.45%
Revenue as Reported	457.3	451.51	384	297.05	318.83	222.57
Advertising Expenses	-	8.38	5.76	3.4	5.46	2.96

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