SHA:688377 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	1,163	1,084	1,154	944.72	525.95	707.74
Other Revenue	39.62	39.62	55.71	38.1	1.99	0.36
Revenue	1,202	1,124	1,210	982.82	527.94	708.1
Revenue Growth (YoY)	12.51%	-7.12%	23.12%	86.16%	-25.44%	2.05%
Cost of Revenue	951.85	912.79	944.01	755.52	428.25	517.98
Gross Profit	250.42	211.1	266.06	227.3	99.69	190.12
Selling, General & Admin	84.64	72.18	67.49	59.8	48.72	51.02
Research & Development	39.25	38.92	43.16	39.89	25.62	35.43
Other Operating Expenses	4.26	9.44	0.94	1.98	2.7	5.16
Operating Expenses	127.62	122.39	113.35	115.39	77.69	91.44
Operating Income	122.81	88.72	152.71	111.91	22	98.68
Interest Expense	-10.17	-6	-4.88	-4.38	-4.02	-12.4
Interest & Investment Income	4.84	5.34	6.55	13.33	18.48	4.64
Currency Exchange Gain (Loss)	8.8	8.8	7.05	13.23	-3.64	-14.22
Other Non Operating Income (Expenses)	-8.64	-1.65	-1.67	-1.09	-0.51	-0.83
EBT Excluding Unusual Items	117.64	95.2	159.76	133	32.31	75.87
Gain (Loss) on Sale of Investments	-0.02	-0.56	0.38	-0.85	-1.29	2.32
Gain (Loss) on Sale of Assets	0.15	-	0	-0.08	-3.51	1.23
Asset Writedown	-0.24	-	-	-	-	-
Other Unusual Items	1.93	1.93	1.24	2.4	4	8.98
Pretax Income	119.47	96.57	161.38	134.46	31.52	88.4
Income Tax Expense	7.97	10.97	18.95	13	1.29	10.18
Earnings From Continuing Operations	111.5	85.6	142.43	121.46	30.23	78.23
Minority Interest in Earnings	-	-	-	-	1.96	2.03
Net Income	111.5	85.6	142.43	121.46	32.19	80.26
Net Income to Common	111.5	85.6	142.43	121.46	32.19	80.26
Net Income Growth	35.87%	-39.90%	17.27%	277.34%	-59.89%	-15.36%
Shares Outstanding (Basic)	196	195	192	193	189	167
Shares Outstanding (Diluted)	196	195	195	193	189	167
Shares Change (YoY)	0.60%	-0.29%	1.20%	1.82%	13.25%	14.62%
EPS (Basic)	0.57	0.44	0.74	0.63	0.17	0.48
EPS (Diluted)	0.57	0.44	0.73	0.63	0.17	0.48
EPS Growth	35.06%	-39.73%	15.87%	270.59%	-64.58%	-26.15%
Free Cash Flow	28.53	-76.71	-65.29	-208.06	-146.4	36.07
Free Cash Flow Per Share	0.15	-0.39	-0.34	-1.08	-0.77	0.22
Dividend Per Share	0.140	0.140	0.230	0.160	-	0.160
Dividend Growth	-39.13%	-39.13%	43.75%	-	-	-
Gross Margin	20.83%	18.78%	21.99%	23.13%	18.88%	26.85%
Operating Margin	10.21%	7.89%	12.62%	11.39%	4.17%	13.94%
Profit Margin	9.27%	7.62%	11.77%	12.36%	6.10%	11.33%
Free Cash Flow Margin	2.37%	-6.83%	-5.39%	-21.17%	-27.73%	5.09%
EBITDA	195.24	156.75	214.86	152.11	56.16	139.36
EBITDA Margin	16.24%	13.95%	17.76%	15.48%	10.64%	19.68%
D&A For EBITDA	72.44	68.03	62.16	40.2	34.16	40.67
EBIT	122.81	88.72	152.71	111.91	22	98.68
EBIT Margin	10.21%	7.89%	12.62%	11.39%	4.17%	13.94%
Effective Tax Rate	6.67%	11.36%	11.74%	9.67%	4.08%	11.51%
Revenue as Reported	1,202	1,124	1,210	982.82	527.94	708.1
Advertising Expenses	-	1.53	0.81	0.74	1.58	-

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