SHA:688139 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	2,253	2,274	2,272	2,855	2,119	1,372
Other Revenue	9.85	9.85	9.24	8.62	7.31	30.08
Revenue	2,263	2,284	2,281	2,864	2,126	1,402
Revenue Growth (YoY)	1.18%	0.13%	-20.36%	34.72%	51.63%	38.47%
Cost of Revenue	1,215	1,190	1,174	1,490	1,061	695.47
Gross Profit	1,048	1,094	1,107	1,374	1,065	706.56
Selling, General & Admin	531.82	471.73	476.68	513.72	388.03	238.76
Research & Development	325.23	306.17	320.64	292.47	236.31	150.72
Other Operating Expenses	-3.48	-6.48	-7.25	2.34	1.63	13.03
Operating Expenses	864.23	787.08	793.97	809.08	622.71	403.54
Operating Income	184.05	306.58	312.95	564.67	441.98	303.02
Interest Expense	-3.81	-3.41	-3.51	-2.69	-2.89	-0.08
Interest & Investment Income	63.81	71.46	118.64	95.02	483.95	113.2
Currency Exchange Gain (Loss)	4.46	4.46	-7.72	3.58	4.14	-8.54
Other Non Operating Income (Expenses)	0.61	-1.83	-1.68	-1.49	0.56	-0.61
EBT Excluding Unusual Items	249.13	377.25	418.67	659.1	927.74	406.99
Gain (Loss) on Sale of Investments	7.66	5.47	2.06	-7.01	10.21	3.83
Gain (Loss) on Sale of Assets	-0.25	0.23	-1.6	-0.76	-0.52	-5.27
Asset Writedown	-3.86	-1.86	-2.36	-	-	-
Other Unusual Items	17.03	20.87	17.72	24	23.44	18.68
Pretax Income	269.72	401.96	434.49	675.34	960.87	424.24
Income Tax Expense	5.55	20.95	22.43	63.36	111.7	40.11
Earnings From Continuing Operations	264.17	381.01	412.06	611.97	849.17	384.12
Minority Interest in Earnings	-8.29	-14.38	-5.99	-11.18	-4.14	-3.17
Net Income	255.88	366.63	406.07	600.79	845.04	380.95
Net Income to Common	255.88	366.63	406.07	600.79	845.04	380.95
Net Income Growth	-28.53%	-9.71%	-32.41%	-28.90%	121.82%	109.24%
Shares Outstanding (Basic)	316	316	317	318	316	317
Shares Outstanding (Diluted)	316	316	317	318	318	326
Shares Change (YoY)	-0.35%	-0.37%	-0.20%	0.06%	-2.43%	30.55%
EPS (Basic)	0.81	1.16	1.28	1.89	2.67	1.20
EPS (Diluted)	0.81	1.16	1.28	1.89	2.66	1.17
EPS Growth	-28.28%	-9.38%	-32.27%	-28.95%	127.35%	60.27%
Free Cash Flow	140.26	164.96	72.08	338.18	387.11	607.63
Free Cash Flow Per Share	0.44	0.52	0.23	1.06	1.22	1.87
Dividend Per Share	0.470	0.470	0.515	0.450	0.500	0.380
Dividend Growth	-8.74%	-8.74%	14.44%	-10.02%	31.61%	111.11%
Gross Margin	46.32%	47.89%	48.53%	47.97%	50.08%	50.40%
Operating Margin	8.13%	13.42%	13.72%	19.72%	20.79%	21.61%
Profit Margin	11.31%	16.05%	17.80%	20.98%	39.75%	27.17%
Free Cash Flow Margin	6.20%	7.22%	3.16%	11.81%	18.21%	43.34%
EBITDA	294.16	411.38	410.67	626.73	491.15	325.87
EBITDA Margin	13.00%	18.01%	18.00%	21.88%	23.10%	23.24%
D&A For EBITDA	110.11	104.8	97.72	62.06	49.17	22.85
EBIT	184.05	306.58	312.95	564.67	441.98	303.02
EBIT Margin	8.13%	13.42%	13.72%	19.72%	20.79%	21.61%
Effective Tax Rate	2.06%	5.21%	5.16%	9.38%	11.63%	9.46%
Revenue as Reported	2,263	2,284	2,281	2,864	2,126	1,402
Advertising Expenses	-	24.88	31.82	25.41	14.24	11.5

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