SHA:688093 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	1,072	793.03	510.65	462.25	425.29	328.74
Other Revenue	1.66	1.66	0.85	0.04	0.11	0.22
Revenue	1,074	794.68	511.5	462.29	425.4	328.96
Revenue Growth (YoY)	56.13%	55.36%	10.64%	8.67%	29.32%	36.50%
Cost of Revenue	464.74	353.53	211.26	185.75	164.96	120.95
Gross Profit	608.77	441.15	300.24	276.54	260.45	208
Selling, General & Admin	95.55	91.82	65.47	52.92	55.81	41.69
Research & Development	57.85	50.21	36.77	32.27	30.49	19.2
Other Operating Expenses	10.86	4.18	4.88	6.14	4.96	3.13
Operating Expenses	164.99	148.03	107.55	91.12	91.77	65.15
Operating Income	443.78	293.12	192.7	185.43	168.68	142.86
Interest Expense	-	-0.18	-0.6	-0.05	-0	-
Interest & Investment Income	17.31	22.16	26.96	21.5	23.25	5.23
Currency Exchange Gain (Loss)	1.28	1.28	0.28	2.44	-0.25	-0.4
Other Non Operating Income (Expenses)	-0.37	-0.07	-0.12	-0.08	-0.08	-0.15
EBT Excluding Unusual Items	461.99	316.3	219.21	209.24	191.59	147.53
Gain (Loss) on Sale of Assets	-0.31	-0.23	0.28	-0.06	-1.03	-0.03
Asset Writedown	-8.55	-0.14	-0.12	-0.02	-0.02	-0.01
Other Unusual Items	6.1	5.49	6.89	4.22	24.56	2.53
Pretax Income	459.61	321.81	226.27	213.49	215.11	150.02
Income Tax Expense	59.07	42.15	32.81	28.12	30.83	21.1
Earnings From Continuing Operations	400.54	279.66	193.46	185.38	184.28	128.92
Net Income	400.54	279.66	193.46	185.38	184.28	128.92
Net Income to Common	400.54	279.66	193.46	185.38	184.28	128.92
Net Income Growth	70.74%	44.56%	4.36%	0.59%	42.94%	58.02%
Shares Outstanding (Basic)	264	261	251	241	239	196
Shares Outstanding (Diluted)	264	261	251	241	239	196
Shares Change (YoY)	1.38%	4.03%	4.36%	0.59%	21.98%	8.22%
EPS (Basic)	1.52	1.07	0.77	0.77	0.77	0.66
EPS (Diluted)	1.52	1.07	0.77	0.77	0.77	0.66
EPS Growth	68.42%	38.96%	-	-	17.18%	46.02%
Free Cash Flow	60.35	19.09	-119.95	0.39	39.58	17.09
Free Cash Flow Per Share	0.23	0.07	-0.48	0.00	0.17	0.09
Dividend Per Share	0.560	0.520	0.360	0.400	0.086	0.143
Dividend Growth	-22.22%	44.44%	-10.00%	366.74%	-40.03%	100.14%
Gross Margin	56.71%	55.51%	58.70%	59.82%	61.22%	63.23%
Operating Margin	41.34%	36.88%	37.67%	40.11%	39.65%	43.43%
Profit Margin	37.31%	35.19%	37.82%	40.10%	43.32%	39.19%
Free Cash Flow Margin	5.62%	2.40%	-23.45%	0.08%	9.30%	5.19%
EBITDA	478.61	325.36	221.5	202.57	179.31	149.22
EBITDA Margin	44.58%	40.94%	43.30%	43.82%	42.15%	45.36%
D&A For EBITDA	34.83	32.24	28.8	17.14	10.63	6.37
EBIT	443.78	293.12	192.7	185.43	168.68	142.86
EBIT Margin	41.34%	36.88%	37.67%	40.11%	39.65%	43.43%
Effective Tax Rate	12.85%	13.10%	14.50%	13.17%	14.33%	14.06%
Revenue as Reported	1,074	794.68	511.5	462.29	425.4	328.96

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