SHA:688171 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
Revenue	106.92	98.44	120.09	139.46	177.56	135.9
Revenue Growth (YoY)	6.54%	-18.03%	-13.89%	-21.46%	30.66%	11.04%
Cost of Revenue	57.9	60.34	78.55	82.96	81.58	48.56
Gross Profit	49.02	38.1	41.53	56.51	95.98	87.34
Selling, General & Admin	26.55	21.21	20.07	18.93	20.13	15.94
Research & Development	11.4	9.54	9.57	15.6	20.9	14.35
Other Operating Expenses	0.15	-0.66	-1.16	-0.96	-3.2	-2.34
Operating Expenses	41.63	34.19	32.25	36.53	41.95	30.74
Operating Income	7.39	3.91	9.29	19.98	54.03	56.6
Interest Expense	-0.26	-0.1	-0.07	-0.04	-0.14	-0.2
Interest & Investment Income	6.82	7.25	10.7	12.61	2.26	1.99
Other Non Operating Income (Expenses)	-0.57	-0.15	-0.09	-0.15	-0.1	-0.13
EBT Excluding Unusual Items	13.38	10.91	19.82	32.4	56.05	58.27
Gain (Loss) on Sale of Assets	0.02	-	-	-0	-	-
Asset Writedown	0.02	-	-0	-	-	-
Other Unusual Items	2.19	2.25	0.79	11.79	4.38	11.48
Pretax Income	15.61	13.16	20.61	44.19	60.42	69.75
Income Tax Expense	1.05	1.59	2.6	5.62	4.97	6.08
Net Income	10.72	11.57	18	38.58	55.45	63.67
Net Income to Common	10.72	11.57	18	38.58	55.45	63.67
Net Income Growth	28.91%	-35.73%	-53.33%	-30.43%	-12.90%	0.21%
Shares Outstanding (Basic)	83	83	86	82	63	62
Shares Outstanding (Diluted)	83	83	86	82	63	62
Shares Change (YoY)	-6.55%	-3.59%	4.45%	30.25%	0.95%	4.14%
EPS (Basic)	0.13	0.14	0.21	0.47	0.88	1.02
EPS (Diluted)	0.13	0.14	0.21	0.47	0.88	1.02
EPS Growth	37.95%	-33.33%	-55.32%	-46.59%	-13.73%	-3.77%
Free Cash Flow	-67.66	-24.55	-5.43	-29.61	8.96	27.93
Free Cash Flow Per Share	-0.82	-0.30	-0.06	-0.36	0.14	0.45
Dividend Per Share	0.042	0.042	0.086	0.140	0.200	-
Dividend Growth	-51.16%	-51.16%	-38.57%	-30.00%	-	-
Gross Margin	45.85%	38.70%	34.59%	40.52%	54.05%	64.27%
Operating Margin	6.91%	3.97%	7.73%	14.32%	30.43%	41.65%
Profit Margin	10.03%	11.76%	14.99%	27.66%	31.23%	46.85%
Free Cash Flow Margin	-63.29%	-24.94%	-4.52%	-21.23%	5.04%	20.55%
EBITDA	8.3	4.61	9.7	20.61	54.69	57.24
EBITDA Margin	7.77%	4.68%	8.08%	14.78%	30.80%	42.12%
D&A For EBITDA	0.92	0.7	0.41	0.63	0.66	0.63
EBIT	7.39	3.91	9.29	19.98	54.03	56.6
EBIT Margin	6.91%	3.97%	7.73%	14.32%	30.43%	41.65%
Effective Tax Rate	6.71%	12.05%	12.64%	12.71%	8.23%	8.71%
Revenue as Reported	8.48	-	-	-	-	-

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