SHA:688251 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	826.33	808.65	648.5	567.43	527.72	395.44
Other Revenue	27.37	27.37	16.33	17.36	10.92	6.3
Revenue	853.71	836.03	664.83	584.78	538.64	401.74
Revenue Growth (YoY)	0.24%	25.75%	13.69%	8.57%	34.08%	34.01%
Cost of Revenue	687.93	637.48	516.46	431.46	382.31	277.4
Gross Profit	165.77	198.55	148.36	153.32	156.33	124.34
Selling, General & Admin	73.81	75.75	67.29	58.62	50.29	38.09
Research & Development	73.98	70.91	57.55	41.72	37.5	27
Other Operating Expenses	-13.18	-12.18	-7.18	-8.24	-4.78	-2.79
Operating Expenses	154.21	164.33	127.15	103.56	93.87	67.63
Operating Income	11.56	34.23	21.21	49.76	62.46	56.7
Interest Expense	-2.89	-1.52	-1.18	-1.72	-3.37	-2.03
Interest & Investment Income	121.18	8.23	10.35	6.78	0.85	0.35
Currency Exchange Gain (Loss)	-0.15	-0.15	0.1	1.23	-0.01	-0.03
Other Non Operating Income (Expenses)	-114.39	-0.8	-1.04	-0.65	-0.33	-0.29
EBT Excluding Unusual Items	15.31	39.99	29.44	55.4	59.6	54.7
Gain (Loss) on Sale of Investments	-0.93	-	0.89	-	-	0.02
Gain (Loss) on Sale of Assets	-0.01	-0	-0.13	-0.01	-	-
Legal Settlements	-	-	-	-	-0.11	-0.34
Other Unusual Items	2.99	2.99	13.74	20.99	15.46	6.67
Pretax Income	16.2	42.97	43.94	76.39	74.95	61.05
Income Tax Expense	-1.84	0.06	1.66	5.49	6.66	7.37
Net Income	18.04	42.91	42.29	70.89	68.29	53.67
Net Income to Common	18.04	42.91	42.29	70.89	68.29	53.67
Net Income Growth	-73.26%	1.48%	-40.35%	3.82%	27.23%	148.88%
Shares Outstanding (Basic)	100	100	100	88	75	75
Shares Outstanding (Diluted)	100	100	100	88	75	75
Shares Change (YoY)	0.62%	-0.55%	14.19%	16.78%	-0.22%	-
EPS (Basic)	0.18	0.43	0.42	0.81	0.91	0.71
EPS (Diluted)	0.18	0.43	0.42	0.81	0.91	0.71
EPS Growth	-73.42%	2.04%	-47.76%	-11.10%	27.50%	-
Free Cash Flow	-0	-111.6	-35.28	-29.61	48.09	37.49
Free Cash Flow Per Share	-	-1.12	-0.35	-0.34	0.64	0.50
Dividend Per Share	0.128	0.178	0.131	0.059	-	-
Dividend Growth	-29.43%	35.78%	119.83%	-	-	-
Gross Margin	19.42%	23.75%	22.32%	26.22%	29.02%	30.95%
Operating Margin	1.35%	4.09%	3.19%	8.51%	11.60%	14.11%
Profit Margin	2.11%	5.13%	6.36%	12.12%	12.68%	13.36%
Free Cash Flow Margin	-0.00%	-13.35%	-5.31%	-5.06%	8.93%	9.33%
EBITDA	21.16	42.93	28.71	56.26	68.48	61.94
EBITDA Margin	2.48%	5.13%	4.32%	9.62%	12.71%	15.42%
D&A For EBITDA	9.6	8.7	7.5	6.51	6.02	5.24
EBIT	11.56	34.23	21.21	49.76	62.46	56.7
EBIT Margin	1.35%	4.09%	3.19%	8.51%	11.60%	14.11%
Effective Tax Rate	-	0.13%	3.77%	7.19%	8.89%	12.08%
Revenue as Reported	853.71	836.03	664.83	584.78	538.64	401.74
Advertising Expenses	-	4.08	6.6	2.63	2.21	2.12

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