SHA:688160 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	656.87	544.52	503.44	536.39	534.16	431.79
Other Revenue	2.95	2.95	3.04	2.92	3.17	2.3
Revenue	659.82	547.47	506.48	539.31	537.33	434.09
Revenue Growth (YoY)	23.13%	8.09%	-6.09%	0.37%	23.78%	25.70%
Cost of Revenue	435.38	359.7	327.89	342.4	360.97	273.65
Gross Profit	224.43	187.76	178.59	196.91	176.36	160.44
Selling, General & Admin	94.08	82.73	74.04	61.9	59.98	43.8
Research & Development	81.64	73.08	57.65	46.53	47.07	39.98
Other Operating Expenses	-4.66	-5.3	-4.09	-5.32	-3.35	-1.31
Operating Expenses	174.72	151.59	127.03	105.11	104.94	83.56
Operating Income	49.71	36.17	51.56	91.8	71.42	76.88
Interest Expense	-1.38	-1.83	-1.74	-0.82	-0.71	-
Interest & Investment Income	10.48	12.13	12.17	10.16	10.38	2.61
Currency Exchange Gain (Loss)	0.97	0.97	-0.04	1.4	-1.38	-1.95
Other Non Operating Income (Expenses)	0.18	-0.62	-0.25	-0.09	-0.19	0.51
EBT Excluding Unusual Items	59.97	46.83	61.71	102.45	79.51	78.04
Gain (Loss) on Sale of Investments	1.68	1.71	-	0.18	-	-
Gain (Loss) on Sale of Assets	-0.2	-0.43	-0	0.06	-0.05	-0.12
Asset Writedown	0.6	-	-	-0.04	-	-
Other Unusual Items	1.87	1.87	2.47	-	3.06	4.02
Pretax Income	63.93	49.99	64.18	102.64	82.52	81.94
Income Tax Expense	2.87	1.09	3.27	11.86	7.74	9.03
Earnings From Continuing Operations	61.06	48.9	60.91	90.78	74.78	72.91
Minority Interest in Earnings	-0.02	-0.01	-0.22	0.27	-0.07	-6.74
Net Income	61.04	48.89	60.68	91.06	74.71	66.17
Net Income to Common	61.04	48.89	60.68	91.06	74.71	66.17
Net Income Growth	23.13%	-19.43%	-33.36%	21.88%	12.90%	56.55%
Shares Outstanding (Basic)	86	84	84	84	84	65
Shares Outstanding (Diluted)	86	84	84	84	84	65
Shares Change (YoY)	2.90%	0.02%	-0.03%	0.44%	29.39%	2.83%
EPS (Basic)	0.71	0.58	0.72	1.08	0.89	1.02
EPS (Diluted)	0.71	0.58	0.72	1.08	0.89	1.02
EPS Growth	19.66%	-19.44%	-33.33%	21.35%	-12.75%	52.24%
Free Cash Flow	-4.54	15.22	59.75	80.71	-32.17	46.21
Free Cash Flow Per Share	-0.05	0.18	0.71	0.96	-0.38	0.71
Dividend Per Share	0.300	0.300	0.300	0.400	0.300	0.600
Dividend Growth	-	-	-25.00%	33.33%	-50.00%	-
Gross Margin	34.02%	34.30%	35.26%	36.51%	32.82%	36.96%
Operating Margin	7.53%	6.61%	10.18%	17.02%	13.29%	17.71%
Profit Margin	9.25%	8.93%	11.98%	16.88%	13.90%	15.24%
Free Cash Flow Margin	-0.69%	2.78%	11.80%	14.97%	-5.99%	10.65%
EBITDA	55.31	41.52	56.57	96.7	76.11	81.36
EBITDA Margin	8.38%	7.58%	11.17%	17.93%	14.16%	18.74%
D&A For EBITDA	5.6	5.34	5	4.91	4.69	4.49
EBIT	49.71	36.17	51.56	91.8	71.42	76.88
EBIT Margin	7.53%	6.61%	10.18%	17.02%	13.29%	17.71%
Effective Tax Rate	4.48%	2.18%	5.10%	11.55%	9.38%	11.02%
Revenue as Reported	659.82	547.47	506.48	539.31	537.33	434.09
Advertising Expenses	-	2.68	2.07	0.73	1.71	1.64

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