SHA:688309 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	277.66	153.95	161.64	162.12	83.01	173.02
Other Revenue	0.99	0.99	2.27	3.19	1.56	1.56
Revenue	278.65	154.94	163.92	165.3	84.57	174.59
Revenue Growth (YoY)	239.26%	-5.48%	-0.84%	95.47%	-51.56%	-25.65%
Cost of Revenue	196.98	100.79	73.75	93.73	54.39	84.72
Gross Profit	81.67	54.15	90.17	71.57	30.18	89.87
Selling, General & Admin	36.67	32.28	29.6	31.33	25.01	23.34
Research & Development	10.47	10.29	12.4	12.25	8.25	10.43
Other Operating Expenses	-1.06	1.8	2.21	2.09	1.55	1.28
Operating Expenses	46.67	43.72	73.35	60.73	54.5	40.57
Operating Income	35	10.43	16.82	10.84	-24.33	49.3
Interest Expense	-0.35	-0.35	-	-	-	-0.67
Interest & Investment Income	2.74	3.21	7.23	2.73	7.52	3.9
Currency Exchange Gain (Loss)	0.13	0.13	-1.13	2.1	-0.88	-0.33
Other Non Operating Income (Expenses)	-0.02	-0.05	-0.31	0.22	0.03	0.17
EBT Excluding Unusual Items	37.49	13.37	22.61	15.88	-17.66	52.37
Gain (Loss) on Sale of Investments	0.28	-0.08	-0.34	0.2	-0.11	0.5
Gain (Loss) on Sale of Assets	-0.54	2.06	0.05	-0.03	0	-0.01
Asset Writedown	-2.92	-	-	-	-	-
Other Unusual Items	4.24	4.24	-2.3	0.97	6.72	2.07
Pretax Income	38.55	19.58	20.02	17.02	-11.04	54.94
Income Tax Expense	5	2.08	1.87	2.39	-1.56	8.96
Earnings From Continuing Operations	33.55	17.51	18.15	14.63	-9.48	45.97
Minority Interest in Earnings	-1.58	-0.09	-	-	-	-
Net Income	31.96	17.42	18.15	14.63	-9.48	45.97
Net Income to Common	31.96	17.42	18.15	14.63	-9.48	45.97
Net Income Growth	438.51%	-4.00%	24.06%	-	-	-28.64%
Shares Outstanding (Basic)	79	80	80	80	80	68
Shares Outstanding (Diluted)	79	80	80	80	80	68
Shares Change (YoY)	-2.42%	0.02%	0.32%	-0.32%	17.09%	13.88%
EPS (Basic)	0.40	0.22	0.23	0.18	-0.12	0.67
EPS (Diluted)	0.40	0.22	0.23	0.18	-0.12	0.67
EPS Growth	451.88%	-4.01%	23.66%	-	-	-37.34%
Free Cash Flow	77.37	35.91	-48.19	53.33	-42.38	-69.44
Free Cash Flow Per Share	0.98	0.45	-0.60	0.67	-0.53	-1.02
Dividend Per Share	0.088	0.088	0.092	0.074	-	0.062
Dividend Growth	-4.35%	-4.35%	24.32%	-	-	-
Gross Margin	29.31%	34.95%	55.01%	43.30%	35.68%	51.48%
Operating Margin	12.56%	6.73%	10.26%	6.56%	-28.77%	28.24%
Profit Margin	11.47%	11.24%	11.07%	8.85%	-11.21%	26.33%
Free Cash Flow Margin	27.77%	23.18%	-29.40%	32.26%	-50.11%	-39.77%
EBITDA	52.4	26.3	30.65	21.08	-14.73	56.01
EBITDA Margin	18.80%	16.97%	18.70%	12.75%	-17.42%	32.08%
D&A For EBITDA	17.4	15.87	13.83	10.24	9.59	6.71
EBIT	35	10.43	16.82	10.84	-24.33	49.3
EBIT Margin	12.56%	6.73%	10.26%	6.56%	-28.77%	28.24%
Effective Tax Rate	12.98%	10.60%	9.34%	14.04%	-	16.32%
Revenue as Reported	278.65	154.94	163.92	165.3	84.57	174.59
Advertising Expenses	-	2.1	2.13	2.12	2.34	0.66

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