SHA:688239 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	1,792	1,687	2,010	1,421	943.15	654.95
Other Revenue	118.24	118.24	93.51	32.72	16.63	15.72
Revenue	1,910	1,805	2,104	1,454	959.78	670.67
Revenue Growth (YoY)	5.79%	-14.19%	44.69%	51.49%	43.11%	13.91%
Cost of Revenue	1,456	1,348	1,588	1,029	675.38	489.28
Gross Profit	454.06	457.72	516.31	424.96	284.4	181.39
Selling, General & Admin	121.52	120.39	178.27	126.93	74.94	49.06
Research & Development	82.64	76.95	82.09	68.63	48.64	27.02
Other Operating Expenses	-1.35	12.03	14.76	7.26	-5.67	2.71
Operating Expenses	233.9	235.14	289.15	217.63	121.41	81.44
Operating Income	220.16	222.58	227.16	207.33	162.99	99.95
Interest Expense	-35.51	-32.96	-28.79	-22.88	-13.16	-17.9
Interest & Investment Income	7.48	8.68	2.93	1.42	0.76	0.13
Currency Exchange Gain (Loss)	5.37	5.37	0.82	1.57	-1.95	3
Other Non Operating Income (Expenses)	3.81	-0.64	-1.91	-0.9	-1.01	0.4
EBT Excluding Unusual Items	201.31	203.03	200.22	186.53	147.63	85.59
Gain (Loss) on Sale of Investments	2.25	-2.38	-10.6	-4.95	-5.82	-5.62
Gain (Loss) on Sale of Assets	-0.9	-0.64	0.33	-0.13	-0.54	-0.94
Asset Writedown	-3.95	-	-	-0.19	-5.11	-
Other Unusual Items	10.49	11.33	25.57	23	19.75	3.77
Pretax Income	209.2	211.34	215.52	204.27	155.91	82.8
Income Tax Expense	21.48	25.16	31.24	20.9	16.97	10.1
Earnings From Continuing Operations	187.72	186.17	184.28	183.37	138.94	72.69
Minority Interest in Earnings	-0.69	2.44	1.31	-	-	-
Net Income	187.03	188.61	185.58	183.37	138.94	72.69
Net Income to Common	187.03	188.61	185.58	183.37	138.94	72.69
Net Income Growth	12.64%	1.63%	1.21%	31.98%	91.13%	34.96%
Shares Outstanding (Basic)	189	189	186	182	160	137
Shares Outstanding (Diluted)	196	192	187	182	160	137
Shares Change (YoY)	3.82%	2.43%	2.78%	13.84%	16.72%	-0.26%
EPS (Basic)	0.99	1.00	1.00	1.01	0.87	0.53
EPS (Diluted)	0.96	0.98	0.99	1.01	0.87	0.53
EPS Growth	8.49%	-0.78%	-1.53%	15.93%	63.75%	35.30%
Free Cash Flow	-59.04	-35.85	-78.03	-178.46	-433.22	23.42
Free Cash Flow Per Share	-0.30	-0.19	-0.42	-0.98	-2.71	0.17
Dividend Per Share	0.169	0.169	0.377	-	0.154	-
Dividend Growth	4.77%	-55.11%	-	-	-	-
Gross Margin	23.77%	25.35%	24.54%	29.23%	29.63%	27.05%
Operating Margin	11.53%	12.33%	10.80%	14.26%	16.98%	14.90%
Profit Margin	9.79%	10.45%	8.82%	12.61%	14.48%	10.84%
Free Cash Flow Margin	-3.09%	-1.99%	-3.71%	-12.27%	-45.14%	3.49%
EBITDA	292.94	289.6	286.51	242.45	184.44	122.65
EBITDA Margin	15.34%	16.04%	13.62%	16.67%	19.22%	18.29%
D&A For EBITDA	72.79	67.02	59.34	35.12	21.45	22.7
EBIT	220.16	222.58	227.16	207.33	162.99	99.95
EBIT Margin	11.53%	12.33%	10.80%	14.26%	16.98%	14.90%
Effective Tax Rate	10.27%	11.91%	14.50%	10.23%	10.89%	12.20%
Revenue as Reported	1,910	1,805	2,104	1,454	959.78	670.67
Advertising Expenses	-	1.76	2.49	1.4	4.84	-

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