SHA:688255 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	581.3	528.39	454.71	377.34	525.57	566.49
Other Revenue	28.74	28.74	26.99	16.51	16.73	27.76
Revenue	610.04	557.13	481.7	393.85	542.3	594.25
Revenue Growth (YoY)	4.65%	15.66%	22.30%	-27.37%	-8.74%	45.29%
Cost of Revenue	506.18	452.64	397.44	321.96	427.75	465.1
Gross Profit	103.86	104.49	84.26	71.89	114.54	129.15
Selling, General & Admin	64.5	56.1	45.17	35.86	35.15	29.46
Research & Development	41.08	37.64	32.36	26.21	21.73	25.61
Other Operating Expenses	-2.47	-0.99	2.07	2.7	2.94	1.9
Operating Expenses	103.89	93.17	82.54	66.22	61.31	56.78
Operating Income	-0.03	11.32	1.72	5.68	53.23	72.37
Interest Expense	-	-	-	-	-0.29	-1.86
Interest & Investment Income	13.59	16.67	22.37	28.52	3.76	0.49
Currency Exchange Gain (Loss)	1.26	1.26	0.18	1.47	-0.32	-0.93
Other Non Operating Income (Expenses)	-0.61	-0.15	0.39	-0.45	-0.29	-0.22
EBT Excluding Unusual Items	14.21	29.1	24.66	35.22	56.09	69.85
Gain (Loss) on Sale of Investments	-	0.04	-	-	-	-
Gain (Loss) on Sale of Assets	-0.55	-0.06	-0.16	0.02	-0.02	-0.19
Asset Writedown	-4.53	-	-	-	-	-
Other Unusual Items	2.68	2.62	0.24	3.95	11.11	14.44
Pretax Income	11.81	31.7	24.73	39.19	67.18	84.11
Income Tax Expense	-1.51	0.46	-0.14	2.08	7.33	10.06
Earnings From Continuing Operations	13.32	31.24	24.87	37.11	59.85	74.05
Minority Interest in Earnings	1.41	-	-	-	-	-
Net Income	14.73	31.24	24.87	37.11	59.85	74.05
Net Income to Common	14.73	31.24	24.87	37.11	59.85	74.05
Net Income Growth	-60.99%	25.61%	-32.99%	-37.99%	-19.18%	259.83%
Shares Outstanding (Basic)	105	104	108	109	87	82
Shares Outstanding (Diluted)	109	108	108	109	87	82
Shares Change (YoY)	4.24%	-0.38%	-0.94%	24.98%	6.09%	-0.08%
EPS (Basic)	0.14	0.30	0.23	0.34	0.69	0.90
EPS (Diluted)	0.14	0.29	0.23	0.34	0.69	0.90
EPS Growth	-62.58%	26.09%	-32.35%	-50.38%	-23.82%	260.11%
Free Cash Flow	8.34	-17.41	-18.43	-70.89	-20.07	70.76
Free Cash Flow Per Share	0.08	-0.16	-0.17	-0.65	-0.23	0.86
Dividend Per Share	0.300	0.300	0.150	0.186	0.364	-
Dividend Growth	100.00%	100.00%	-19.18%	-49.01%	-	-
Gross Margin	17.03%	18.75%	17.49%	18.25%	21.12%	21.73%
Operating Margin	-0.01%	2.03%	0.36%	1.44%	9.82%	12.18%
Profit Margin	2.41%	5.61%	5.16%	9.42%	11.04%	12.46%
Free Cash Flow Margin	1.37%	-3.13%	-3.83%	-18.00%	-3.70%	11.91%
EBITDA	14.08	23.16	10.52	12.48	59.91	79.53
EBITDA Margin	2.31%	4.16%	2.18%	3.17%	11.05%	13.38%
D&A For EBITDA	14.11	11.84	8.8	6.8	6.67	7.16
EBIT	-0.03	11.32	1.72	5.68	53.23	72.37
EBIT Margin	-0.01%	2.03%	0.36%	1.44%	9.82%	12.18%
Effective Tax Rate	-	1.44%	-	5.30%	10.92%	11.96%
Revenue as Reported	610.04	557.13	481.7	393.85	542.3	594.25
Advertising Expenses	-	1.13	1.65	0.24	1.29	0.37

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