SHA:688386 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	2017 - 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	2017 - 2019
Operating Revenue	660.96	512.85	408.43	360.1	314.58	276.37	Upgrade
Other Revenue	1.93	1.93	2.12	4.36	2.03	1.37	Upgrade
Revenue	662.89	514.78	410.55	364.46	316.62	277.73	Upgrade
Revenue Growth (YoY)	39.76%	25.39%	12.64%	15.11%	14.00%	13.23%	Upgrade
Cost of Revenue	368.81	280.37	225.65	201.12	177.4	152.89	Upgrade
Gross Profit	294.08	234.4	184.9	163.35	139.21	124.84	Upgrade
Selling, General & Admin	95.12	74.4	66.72	53.7	52.22	38.85	Upgrade
Research & Development	34.04	28.63	24.94	17.18	18.1	14.89	Upgrade
Other Operating Expenses	3.89	3.02	3.13	3.71	3.94	3.25	Upgrade
Operating Expenses	139.7	108.83	93.49	78.28	74.73	58.18	Upgrade
Operating Income	154.37	125.58	91.41	85.06	64.49	66.67	Upgrade
Interest Expense	-2.09	-4.31	-5.18	-5.92	-3.15	-3.29	Upgrade
Interest & Investment Income	3.5	0.28	2.04	1.91	4.17	0.5	Upgrade
Currency Exchange Gain (Loss)	-0.28	-0.28	0.22	0.76	-0.24	-0.31	Upgrade
Other Non Operating Income (Expenses)	-2	-0.08	-0.11	-0.06	-0.08	-0.07	Upgrade
EBT Excluding Unusual Items	153.51	121.19	88.39	81.75	65.19	63.48	Upgrade
Impairment of Goodwill	-	-	-	-45.73	-	-	Upgrade
Gain (Loss) on Sale of Investments	7.48	1.15	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	0.09	-0.14	10.65	0.06	0.03	0.06	Upgrade
Asset Writedown	-0.57	-	-0.02	-	-	-	Upgrade
Other Unusual Items	2.77	2.77	5.04	6.57	11.95	0.51	Upgrade
Pretax Income	163.26	124.97	104.05	42.64	77.17	64.05	Upgrade
Income Tax Expense	27.9	17.05	12.93	11.27	9.76	8.78	Upgrade
Earnings From Continuing Operations	135.37	107.92	91.13	31.37	67.41	55.27	Upgrade
Minority Interest in Earnings	-12.11	-8.76	-4.59	-0.03	-1.01	-	Upgrade
Net Income	123.25	99.16	86.54	31.34	66.4	55.27	Upgrade
Net Income to Common	123.25	99.16	86.54	31.34	66.4	55.27	Upgrade
Net Income Growth	30.68%	14.58%	176.08%	-52.79%	20.13%	26.37%	Upgrade
Shares Outstanding (Basic)	106	91	91	91	91	72	Upgrade
Shares Outstanding (Diluted)	106	91	91	91	91	72	Upgrade
Shares Change (YoY)	41.57%	0.06%	0.21%	-0.35%	26.44%	4.90%	Upgrade
EPS (Basic)	1.16	1.09	0.95	0.35	0.73	0.77	Upgrade
EPS (Diluted)	1.16	1.09	0.95	0.35	0.73	0.77	Upgrade
EPS Growth	-7.69%	14.52%	175.50%	-52.63%	-4.99%	20.47%	Upgrade
Free Cash Flow	-80.54	16.89	7.75	19.66	29.07	-6.53	Upgrade
Free Cash Flow Per Share	-0.76	0.19	0.09	0.22	0.32	-0.09	Upgrade
Dividend Per Share	0.077	0.077	0.385	0.385	0.385	0.385	Upgrade
Dividend Growth	-80.01%	-80.01%	-	-	-	31.58%	Upgrade
Gross Margin	44.36%	45.53%	45.04%	44.82%	43.97%	44.95%	Upgrade
Operating Margin	23.29%	24.39%	22.26%	23.34%	20.37%	24.00%	Upgrade
Profit Margin	18.59%	19.26%	21.08%	8.60%	20.97%	19.90%	Upgrade
Free Cash Flow Margin	-12.15%	3.28%	1.89%	5.39%	9.18%	-2.35%	Upgrade
EBITDA	188.67	159.79	125.51	112.9	89.37	86.84	Upgrade
EBITDA Margin	28.46%	31.04%	30.57%	30.98%	28.23%	31.27%	Upgrade
D&A For EBITDA	34.3	34.22	34.11	27.84	24.88	20.18	Upgrade
EBIT	154.37	125.58	91.41	85.06	64.49	66.67	Upgrade
EBIT Margin	23.29%	24.39%	22.26%	23.34%	20.37%	24.00%	Upgrade
Effective Tax Rate	17.09%	13.65%	12.42%	26.43%	12.65%	13.70%	Upgrade
Revenue as Reported	662.89	514.78	410.55	364.46	316.62	277.73	Upgrade

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