SHA:688334 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	858.41	773.27	730.95	504.04	414.55	333.01
Other Revenue	25.09	25.09	24.13	17.08	32.6	11.71
Revenue	883.5	798.36	755.09	521.12	447.15	344.72
Revenue Growth (YoY)	12.61%	5.73%	44.90%	16.54%	29.71%	-13.81%
Cost of Revenue	397.28	378.74	396.98	271.34	272.05	195.83
Gross Profit	486.22	419.62	358.11	249.78	175.1	148.89
Selling, General & Admin	119.77	113	106.81	89.49	68.14	61.54
Research & Development	79.93	84.8	70.09	49.79	34.64	26.41
Other Operating Expenses	16.03	14.06	9.27	10.42	6.76	3.98
Operating Expenses	215.13	210.61	189.18	149.59	109.86	91.61
Operating Income	271.09	209.01	168.93	100.19	65.24	57.28
Interest Expense	-0.69	-0.21	-0.25	-0.87	-0.35	-0.39
Interest & Investment Income	36.09	46.15	41.55	22.8	3.5	2.78
Currency Exchange Gain (Loss)	-	-	-0	0	-0	-
Other Non Operating Income (Expenses)	-1.8	-0.75	-1.3	-0.55	7.67	-0.42
EBT Excluding Unusual Items	304.69	254.2	208.92	121.57	76.06	59.25
Impairment of Goodwill	-	-	-0.69	-1.14	-0.2	-
Gain (Loss) on Sale of Investments	7.59	7.98	0.4	-	-4.02	-4.21
Gain (Loss) on Sale of Assets	-0.52	-0.05	-0.07	0.08	-0.19	0.07
Asset Writedown	-1.51	-0.41	-	-	-1.33	-0.17
Other Unusual Items	19.02	18.91	28.31	20.32	24.5	21.09
Pretax Income	330.39	281.75	236.87	140.83	94.82	76.03
Income Tax Expense	31.49	26.87	25.47	10.48	13.26	10.91
Earnings From Continuing Operations	298.9	254.88	211.4	130.36	81.56	65.12
Minority Interest in Earnings	-35.58	-26.2	-22.07	-	-	-
Net Income	263.32	228.67	189.34	130.36	81.56	65.12
Net Income to Common	263.32	228.67	189.34	130.36	81.56	65.12
Net Income Growth	28.07%	20.78%	45.25%	59.83%	25.24%	-31.46%
Shares Outstanding (Basic)	317	317	277	237	157	-
Shares Outstanding (Diluted)	317	317	277	237	157	-
Shares Change (YoY)	-0.50%	14.29%	16.66%	51.39%	-	-
EPS (Basic)	0.83	0.72	0.68	0.55	0.52	-
EPS (Diluted)	0.83	0.72	0.68	0.55	0.52	-
EPS Growth	28.70%	5.68%	24.50%	5.58%	-	-
Free Cash Flow	343.69	339.24	228.67	117.56	94.94	66.24
Free Cash Flow Per Share	1.09	1.07	0.82	0.49	0.60	-
Dividend Per Share	0.371	0.398	0.257	-	-	-
Dividend Growth	-27.96%	54.86%	-	-	-	-
Gross Margin	55.03%	52.56%	47.43%	47.93%	39.16%	43.19%
Operating Margin	30.68%	26.18%	22.37%	19.23%	14.59%	16.62%
Profit Margin	29.80%	28.64%	25.07%	25.01%	18.24%	18.89%
Free Cash Flow Margin	38.90%	42.49%	30.28%	22.56%	21.23%	19.22%
EBITDA	400.83	336.86	294.27	217.03	172.56	151.13
EBITDA Margin	45.37%	42.19%	38.97%	41.65%	38.59%	43.84%
D&A For EBITDA	129.74	127.85	125.34	116.84	107.32	93.85
EBIT	271.09	209.01	168.93	100.19	65.24	57.28
EBIT Margin	30.68%	26.18%	22.37%	19.23%	14.59%	16.62%
Effective Tax Rate	9.53%	9.54%	10.75%	7.44%	13.99%	14.35%
Revenue as Reported	883.5	798.36	755.09	521.12	447.15	344.72
Advertising Expenses	-	1.56	0.22	0.28	0.28	0.76

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.