SHA:688095 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	878.02	710.93	610.75	579.86	541.12	468.58
Other Revenue	0.2	0.2	0	0.02	0.01	0.02
Revenue	878.23	711.14	610.76	579.88	541.12	468.6
Revenue Growth (YoY)	29.64%	16.43%	5.33%	7.16%	15.47%	27.01%
Cost of Revenue	83.84	46.89	31.84	27.11	18.57	17.02
Gross Profit	794.39	664.25	578.91	552.77	522.55	451.59
Selling, General & Admin	605.44	551.36	478.61	398.93	385.22	270.87
Research & Development	227.61	232.01	224.01	186.56	148.38	74.14
Other Operating Expenses	-5.47	-1.39	-2.91	1.68	1.42	-2.1
Operating Expenses	830.53	786.34	704.77	589.01	534.98	343.97
Operating Income	-36.14	-122.1	-125.86	-36.24	-12.42	107.61
Interest Expense	-3.21	-1.63	-1.21	-0.72	-0.71	-0.09
Interest & Investment Income	50.52	157.2	29.15	21.58	71.82	14.75
Currency Exchange Gain (Loss)	-3.46	-3.46	0.08	5.89	-5.39	-5.21
Other Non Operating Income (Expenses)	-22.85	-13.89	-6.24	-5.62	-6.07	-4.88
EBT Excluding Unusual Items	-15.13	16.13	-104.08	-15.1	47.22	112.18
Impairment of Goodwill	-113.54	-113.54	-48.84	-21.7	-11.92	-
Gain (Loss) on Sale of Investments	21.33	34.25	0.33	1.28	6.7	11.59
Gain (Loss) on Sale of Assets	24.63	19.92	0.05	0.81	0.61	0.63
Asset Writedown	-4.89	0.01	-	-	-	-
Legal Settlements	4.2	4.2	-	-	1.5	-
Other Unusual Items	33.18	33.36	42.48	31.74	7.77	9.47
Pretax Income	-50.23	-5.68	-110.06	-2.97	51.86	133.86
Income Tax Expense	-21.71	-29.06	-18.86	-0.82	5.95	17.86
Earnings From Continuing Operations	-28.52	23.39	-91.2	-2.15	45.92	116
Minority Interest in Earnings	18.21	3.57	0.26	0.4	0.32	-0.71
Net Income	-10.31	26.96	-90.94	-1.74	46.24	115.29
Net Income to Common	-10.31	26.96	-90.94	-1.74	46.24	115.29
Net Income Growth	-	-	-	-	-59.90%	55.51%
Shares Outstanding (Basic)	90	89	89	89	92	77
Shares Outstanding (Diluted)	90	90	89	89	93	77
Shares Change (YoY)	0.17%	1.81%	-0.44%	-3.86%	20.73%	8.34%
EPS (Basic)	-0.12	0.30	-1.03	-0.02	0.50	1.50
EPS (Diluted)	-0.12	0.30	-1.03	-0.02	0.50	1.50
EPS Growth	-	-	-	-	-66.78%	43.54%
Free Cash Flow	16.01	-88.89	-74.7	48.69	5.85	122.26
Free Cash Flow Per Share	0.18	-0.99	-0.84	0.55	0.06	1.59
Dividend Per Share	0.300	0.300	0.400	0.357	0.408	0.408
Dividend Growth	-25.00%	-25.00%	12.01%	-12.50%	-0.02%	60.02%
Gross Margin	90.45%	93.41%	94.79%	95.33%	96.57%	96.37%
Operating Margin	-4.12%	-17.17%	-20.61%	-6.25%	-2.30%	22.96%
Profit Margin	-1.17%	3.79%	-14.89%	-0.30%	8.54%	24.60%
Free Cash Flow Margin	1.82%	-12.50%	-12.23%	8.40%	1.08%	26.09%
EBITDA	-12.59	-101.5	-109.2	-19.8	-0.26	116.9
EBITDA Margin	-1.43%	-14.27%	-17.88%	-3.42%	-0.05%	24.95%
D&A For EBITDA	23.55	20.6	16.66	16.44	12.17	9.28
EBIT	-36.14	-122.1	-125.86	-36.24	-12.42	107.61
EBIT Margin	-4.12%	-17.17%	-20.61%	-6.25%	-2.30%	22.96%
Effective Tax Rate	-	-	-	-	11.46%	13.35%
Revenue as Reported	878.23	711.14	610.76	579.88	541.12	468.6
Advertising Expenses	-	77.73	85.27	86.11	103.61	50.13

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