SHA:688270 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
Revenue	423.33	303.38	280.8	242.58	190.58	152.12
Revenue Growth (YoY)	44.61%	8.04%	15.75%	27.28%	25.28%	174.34%
Cost of Revenue	105.39	80.71	53.06	29.41	21.99	18.01
Gross Profit	317.94	222.66	227.74	213.17	168.59	134.11
Selling, General & Admin	50.95	55.25	49.87	37.17	24.61	17.56
Research & Development	157.61	155.09	127.06	79.85	40.51	30.3
Other Operating Expenses	-5.43	1.03	1.12	1.99	1.9	1.37
Operating Expenses	217.64	230.28	189.62	129.41	69.35	53.56
Operating Income	100.31	-7.61	38.12	83.76	99.25	80.55
Interest Expense	-0.03	-0.04	-0.03	-0.01	-0.03	-
Interest & Investment Income	6.72	20.65	41.41	27.25	0.46	0.28
Other Non Operating Income (Expenses)	-1.14	-0.03	-0.18	-0.06	0.01	-0.02
EBT Excluding Unusual Items	105.87	12.97	79.32	110.94	99.68	80.81
Gain (Loss) on Sale of Investments	4.61	-3.42	-13.52	-8.53	-7.56	-7.27
Gain (Loss) on Sale of Assets	-	-0.03	0.05	-	-	-
Asset Writedown	-14.51	-0.05	-0.15	-0.05	-0.01	-
Other Unusual Items	8.38	8.38	6.78	5.36	6.73	3.39
Pretax Income	104.35	17.85	72.48	107.73	98.84	76.94
Net Income	104.35	17.85	72.48	107.73	98.84	76.94
Net Income to Common	104.35	17.85	72.48	107.73	98.84	76.94
Net Income Growth	122.01%	-75.37%	-32.72%	8.98%	28.48%	1738.23%
Shares Outstanding (Basic)	229	223	213	209	160	160
Shares Outstanding (Diluted)	229	223	213	209	160	160
Shares Change (YoY)	8.93%	4.66%	1.77%	30.81%	-0.18%	-
EPS (Basic)	0.46	0.08	0.34	0.51	0.62	0.48
EPS (Diluted)	0.46	0.08	0.34	0.51	0.62	0.48
EPS Growth	103.81%	-76.47%	-33.89%	-16.69%	28.71%	-
Free Cash Flow	31.84	-189.33	-37.86	-15.74	-4.47	3.18
Free Cash Flow Per Share	0.14	-0.85	-0.18	-0.07	-0.03	0.02
Dividend Per Share	-	-	0.121	0.153	0.141	-
Dividend Growth	-	-	-20.71%	8.35%	-	-
Gross Margin	75.11%	73.39%	81.10%	87.88%	88.46%	88.16%
Operating Margin	23.69%	-2.51%	13.58%	34.53%	52.08%	52.95%
Profit Margin	24.65%	5.88%	25.81%	44.41%	51.87%	50.57%
Free Cash Flow Margin	7.52%	-62.41%	-13.48%	-6.49%	-2.34%	2.09%
EBITDA	119.98	8.15	48.68	90.7	104.07	84.15
EBITDA Margin	28.34%	2.69%	17.34%	37.39%	54.61%	55.31%
D&A For EBITDA	19.67	15.77	10.56	6.94	4.82	3.6
EBIT	100.31	-7.61	38.12	83.76	99.25	80.55
EBIT Margin	23.69%	-2.51%	13.58%	34.53%	52.08%	52.95%
Revenue as Reported	423.33	303.38	280.8	242.58	190.58	152.12

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