SHA:688312 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	2016 - 2019
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	2016 - 2019
Operating Revenue	588.13	496.81	326.42	317.52	427.44	350.36	Upgrade
Other Revenue	0.77	0.77	0.49	0.36	0.11	-	Upgrade
Revenue	588.9	497.58	326.91	317.88	427.55	350.36	Upgrade
Revenue Growth (YoY)	22.88%	52.20%	2.84%	-25.65%	22.03%	29.36%	Upgrade
Cost of Revenue	306.31	263	167.43	141.25	181.98	145.07	Upgrade
Gross Profit	282.59	234.58	159.48	176.64	245.58	205.29	Upgrade
Selling, General & Admin	72.04	63.86	40.48	66.39	65.28	50.05	Upgrade
Research & Development	126.26	120.74	88.33	89.9	86.84	55.11	Upgrade
Other Operating Expenses	-9.13	-10.44	-3.46	-10.88	-12.35	-8.46	Upgrade
Operating Expenses	191.84	176.17	127.95	144.88	138.94	101.08	Upgrade
Operating Income	90.75	58.41	31.53	31.75	106.63	104.21	Upgrade
Interest Expense	-3.91	-2.07	-2.07	-2.19	-1.11	-	Upgrade
Interest & Investment Income	30	30.45	33.28	30.09	30.45	15.41	Upgrade
Currency Exchange Gain (Loss)	5.78	5.78	5.22	24.7	-5.36	-14.17	Upgrade
Other Non Operating Income (Expenses)	-1.1	-0.27	0.68	-0.61	-0.39	0.79	Upgrade
EBT Excluding Unusual Items	121.51	92.3	68.64	83.75	130.22	106.23	Upgrade
Gain (Loss) on Sale of Investments	-0.44	0.73	1.94	-4.16	-1.8	3.28	Upgrade
Gain (Loss) on Sale of Assets	0	0.07	0.06	0.03	0.01	-0.01	Upgrade
Asset Writedown	-2.19	-	-6.2	-	-	-0.03	Upgrade
Legal Settlements	-	-	-	0.78	-	-	Upgrade
Other Unusual Items	2.83	2.83	2.59	3.48	4.99	4.94	Upgrade
Pretax Income	121.72	95.93	67.03	83.87	133.42	114.42	Upgrade
Income Tax Expense	3.01	2.15	-0.04	4.16	12.71	12.4	Upgrade
Earnings From Continuing Operations	118.71	93.79	67.07	79.71	120.7	102.02	Upgrade
Minority Interest in Earnings	5.21	2.52	1.49	1.91	1.69	0.26	Upgrade
Net Income	123.92	96.31	68.56	81.62	122.39	102.28	Upgrade
Net Income to Common	123.92	96.31	68.56	81.62	122.39	102.28	Upgrade
Net Income Growth	34.36%	40.47%	-16.00%	-33.31%	19.66%	12.08%	Upgrade
Shares Outstanding (Basic)	143	146	143	143	144	126	Upgrade
Shares Outstanding (Diluted)	146	148	143	143	144	126	Upgrade
Shares Change (YoY)	-0.18%	3.73%	-0.25%	-0.55%	14.03%	17.62%	Upgrade
EPS (Basic)	0.86	0.66	0.48	0.57	0.85	0.81	Upgrade
EPS (Diluted)	0.85	0.65	0.48	0.57	0.85	0.81	Upgrade
EPS Growth	34.60%	35.42%	-15.79%	-32.94%	4.94%	-4.71%	Upgrade
Free Cash Flow	57.56	-59.4	-155.09	-11.41	116.39	4.48	Upgrade
Free Cash Flow Per Share	0.40	-0.40	-1.09	-0.08	0.81	0.04	Upgrade
Dividend Per Share	0.500	0.500	0.400	0.200	0.600	0.500	Upgrade
Dividend Growth	25.00%	25.00%	100.00%	-66.67%	20.00%	-	Upgrade
Gross Margin	47.99%	47.14%	48.78%	55.57%	57.44%	58.59%	Upgrade
Operating Margin	15.41%	11.74%	9.64%	9.99%	24.94%	29.74%	Upgrade
Profit Margin	21.04%	19.36%	20.97%	25.68%	28.63%	29.19%	Upgrade
Free Cash Flow Margin	9.77%	-11.94%	-47.44%	-3.59%	27.22%	1.28%	Upgrade
EBITDA	109.59	71.53	37.01	36.54	110.33	106.44	Upgrade
EBITDA Margin	18.61%	14.37%	11.32%	11.49%	25.80%	30.38%	Upgrade
D&A For EBITDA	18.84	13.12	5.48	4.78	3.7	2.23	Upgrade
EBIT	90.75	58.41	31.53	31.75	106.63	104.21	Upgrade
EBIT Margin	15.41%	11.74%	9.64%	9.99%	24.94%	29.74%	Upgrade
Effective Tax Rate	2.48%	2.24%	-	4.96%	9.53%	10.84%	Upgrade
Revenue as Reported	588.9	497.58	326.91	317.88	427.55	350.36	Upgrade

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