SHA:688203 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	796.98	834.82	742.37	597.82	579.85	262.66
Other Revenue	10.37	10.37	10.95	7.61	5.16	-
Revenue	807.34	845.19	753.32	605.43	585.01	262.66
Revenue Growth (YoY)	-6.40%	12.20%	24.43%	3.49%	122.72%	13.26%
Cost of Revenue	723.07	742.9	654.69	524.55	497.26	194.59
Gross Profit	84.27	102.29	98.62	80.89	87.74	68.08
Selling, General & Admin	34.79	31.73	32.36	30.34	25.53	16.03
Research & Development	28.37	27.27	25.89	19.03	14.16	9.3
Other Operating Expenses	6.95	4.8	3.38	4.76	2.87	1.62
Operating Expenses	70.83	65.32	62.52	54.45	42.52	26.28
Operating Income	13.45	36.97	36.11	26.43	45.22	41.8
Interest Expense	-6.76	-7.59	-7.48	-9.63	-10.76	-6.87
Interest & Investment Income	6.34	12.28	20.18	10.65	3.64	1.38
Currency Exchange Gain (Loss)	2.12	2.12	1.78	7.93	-1.34	-0.93
Other Non Operating Income (Expenses)	-1.12	-0.13	-0.12	-0.66	-0.06	-0.21
EBT Excluding Unusual Items	14.03	43.64	50.45	34.72	36.71	35.17
Gain (Loss) on Sale of Investments	0.01	-0.06	-	-1.77	0.18	-
Gain (Loss) on Sale of Assets	-0.51	-0.51	-0.97	5.12	-0.72	-0.25
Other Unusual Items	3.76	4.12	3.81	14.51	2.17	0.74
Pretax Income	18.71	47.19	53.29	52.58	38.34	35.66
Income Tax Expense	11.76	11.68	9.76	5.55	3.1	5.33
Earnings From Continuing Operations	6.96	35.5	43.54	47.02	35.24	30.33
Minority Interest in Earnings	-	-	0.01	0.01	0.03	0.05
Net Income	6.96	35.5	43.55	47.04	35.27	30.38
Net Income to Common	6.96	35.5	43.55	47.04	35.27	30.38
Net Income Growth	-82.48%	-18.47%	-7.41%	33.34%	16.12%	201.97%
Shares Outstanding (Basic)	239	203	207	168	153	92
Shares Outstanding (Diluted)	239	203	207	168	153	92
Shares Change (YoY)	19.73%	-2.31%	23.45%	9.53%	66.61%	0.66%
EPS (Basic)	0.03	0.18	0.21	0.28	0.23	0.33
EPS (Diluted)	0.03	0.18	0.21	0.28	0.23	0.33
EPS Growth	-85.37%	-16.55%	-25.00%	21.74%	-30.30%	200.00%
Free Cash Flow	-65.57	-254.34	-51.08	-89.13	-238.26	-169.42
Free Cash Flow Per Share	-0.27	-1.25	-0.25	-0.53	-1.55	-1.84
Dividend Per Share	0.060	0.060	0.080	0.070	-	-
Dividend Growth	-24.94%	-24.94%	14.29%	-	-	-
Gross Margin	10.44%	12.10%	13.09%	13.36%	15.00%	25.92%
Operating Margin	1.67%	4.37%	4.79%	4.37%	7.73%	15.91%
Profit Margin	0.86%	4.20%	5.78%	7.77%	6.03%	11.56%
Free Cash Flow Margin	-8.12%	-30.09%	-6.78%	-14.72%	-40.73%	-64.50%
EBITDA	86.34	101.59	89.71	68.3	81.62	53.13
EBITDA Margin	10.69%	12.02%	11.91%	11.28%	13.95%	20.23%
D&A For EBITDA	72.89	64.62	53.6	41.87	36.4	11.33
EBIT	13.45	36.97	36.11	26.43	45.22	41.8
EBIT Margin	1.67%	4.37%	4.79%	4.37%	7.73%	15.91%
Effective Tax Rate	62.82%	24.76%	18.31%	10.57%	8.08%	14.96%
Revenue as Reported	807.34	845.19	753.32	605.43	585.01	-

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