SHA:688190 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	1,867	1,737	1,443	931.82	713.41
Other Revenue	33.68	35.38	4.32	3.92	1.87
Revenue	1,900	1,772	1,447	935.75	715.28
Revenue Growth (YoY)	7.23%	22.43%	54.68%	30.82%	-
Cost of Revenue	1,325	1,237	1,069	717.78	516.52
Gross Profit	574.86	534.72	378.4	217.97	198.75
Selling, General & Admin	81.26	85.58	74.77	46.4	43.06
Research & Development	113.79	95.49	75.15	52.96	41.25
Other Operating Expenses	10.05	6.34	6.82	4.5	5.24
Operating Expenses	211.16	195.72	162.75	103.79	91.45
Operating Income	363.7	339.01	215.66	114.18	107.3
Interest Expense	-2.88	-2.01	-0.83	-0.09	-0.29
Interest & Investment Income	40.13	40.71	34.19	1.18	0.59
Currency Exchange Gain (Loss)	8.94	5.57	7.16	-2.61	-6.55
Other Non Operating Income (Expenses)	-0.51	-1.78	-0.67	-0.65	-0.55
EBT Excluding Unusual Items	409.38	381.5	255.5	112.01	100.5
Gain (Loss) on Sale of Investments	-2.88	0.4	0.82	1.75	-1.09
Gain (Loss) on Sale of Assets	-1.12	-9.9	-0.79	-0.17	0.8
Asset Writedown	-7.03	-7	-10.63	-	-
Legal Settlements	3.75	-	-	-	-
Other Unusual Items	5.92	9.7	7.19	19.04	8
Pretax Income	408.03	374.7	252.1	132.63	108.21
Income Tax Expense	47.05	42.69	25.66	12.88	12.37
Net Income	360.98	332.01	226.44	119.75	95.85
Net Income to Common	360.98	332.01	226.44	119.75	95.85
Net Income Growth	8.73%	46.62%	89.09%	24.94%	-
Shares Outstanding (Basic)	120	120	120	93	90
Shares Outstanding (Diluted)	120	120	120	93	90
Shares Change (YoY)	0.01%	0.15%	29.07%	3.15%	-
EPS (Basic)	3.01	2.77	1.89	1.29	1.06
EPS (Diluted)	3.01	2.77	1.89	1.29	1.06
EPS Growth	8.71%	46.40%	46.51%	21.13%	-
Free Cash Flow	95.14	155	-117.7	38.28	61.32
Free Cash Flow Per Share	0.79	1.29	-0.98	0.41	0.68
Dividend Per Share	0.630	0.850	0.570	0.330	-
Dividend Growth	-25.88%	49.12%	72.73%	-	-
Gross Margin	30.25%	30.18%	26.14%	23.29%	27.79%
Operating Margin	19.14%	19.13%	14.90%	12.20%	15.00%
Profit Margin	19.00%	18.74%	15.65%	12.80%	13.40%
Free Cash Flow Margin	5.01%	8.75%	-8.13%	4.09%	8.57%
EBITDA	420.89	393.32	256.48	142.66	131.94
EBITDA Margin	22.15%	22.20%	17.72%	15.25%	18.45%
D&A For EBITDA	57.19	54.31	40.82	28.48	24.64
EBIT	363.7	339.01	215.66	114.18	107.3
EBIT Margin	19.14%	19.13%	14.90%	12.20%	15.00%
Effective Tax Rate	11.53%	11.39%	10.18%	9.71%	11.43%
Revenue as Reported	1,900	1,772	-	-	-
Advertising Expenses	2.42	4.07	4.93	1.71	0.43

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