SHA:688398 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	997.16	931.1	837.8	633.95	700.91	515.67
Other Revenue	2.44	2.44	2.01	3.76	10.38	0.53
Revenue	999.6	933.54	839.81	637.71	711.29	516.2
Revenue Growth (YoY)	9.09%	11.16%	31.69%	-10.35%	37.80%	28.75%
Cost of Revenue	770.2	675.44	567.36	470.66	483.21	332.95
Gross Profit	229.4	258.1	272.45	167.05	228.09	183.24
Selling, General & Admin	111.82	103.48	88.47	70.94	66.71	50.36
Research & Development	46.7	48.12	41.52	33.95	33.46	25.47
Other Operating Expenses	8.53	7.95	6.07	6.03	5.82	5.89
Operating Expenses	172.93	163.17	148.33	115.8	105.7	83.95
Operating Income	56.47	94.93	124.12	51.24	122.39	99.3
Interest Expense	-30.16	-24.36	-8.58	-0.74	-0.82	-1.04
Interest & Investment Income	5.25	9.5	4.59	1.15	4.14	7.56
Currency Exchange Gain (Loss)	4.45	4.45	3.14	13.03	-6.99	-13.12
Other Non Operating Income (Expenses)	1.03	-2.28	-0.96	-1.01	-0.31	-0.39
EBT Excluding Unusual Items	37.05	82.25	122.3	63.67	118.42	92.32
Gain (Loss) on Sale of Investments	-0.73	-0.5	-0.75	-2.05	0.16	0.34
Gain (Loss) on Sale of Assets	-0.08	-0.05	-0.32	0.01	0.93	-3.68
Asset Writedown	-1.27	-	-	-0.64	-	-
Other Unusual Items	2.11	2.11	-0.32	9.4	14.04	16.62
Pretax Income	37.08	83.81	120.91	70.39	133.55	105.59
Income Tax Expense	-0.39	6.65	14.81	6.53	19.66	11.76
Earnings From Continuing Operations	37.47	77.16	106.1	63.86	113.89	93.83
Minority Interest in Earnings	-	-	-	-	-0.32	-0.48
Net Income	37.47	77.16	106.1	63.86	113.57	93.35
Net Income to Common	37.47	77.16	106.1	63.86	113.57	93.35
Net Income Growth	-59.29%	-27.27%	66.14%	-43.77%	21.66%	25.60%
Shares Outstanding (Basic)	170	168	168	168	168	161
Shares Outstanding (Diluted)	170	168	168	168	168	161
Shares Change (YoY)	1.44%	-0.39%	0.02%	0.13%	4.53%	27.65%
EPS (Basic)	0.22	0.46	0.63	0.38	0.68	0.58
EPS (Diluted)	0.22	0.46	0.63	0.38	0.68	0.58
EPS Growth	-59.87%	-26.98%	66.09%	-43.84%	16.39%	-1.61%
Free Cash Flow	-223.11	-257.86	-189.16	-22.55	-79.41	-68.12
Free Cash Flow Per Share	-1.31	-1.54	-1.12	-0.13	-0.47	-0.42
Dividend Per Share	0.100	0.150	0.276	0.119	0.214	0.171
Dividend Growth	-69.32%	-45.63%	132.04%	-44.44%	25.00%	19.97%
Gross Margin	22.95%	27.65%	32.44%	26.20%	32.07%	35.50%
Operating Margin	5.65%	10.17%	14.78%	8.04%	17.21%	19.24%
Profit Margin	3.75%	8.27%	12.63%	10.01%	15.97%	18.09%
Free Cash Flow Margin	-22.32%	-27.62%	-22.52%	-3.54%	-11.16%	-13.20%
EBITDA	110.35	143.82	166.35	89.36	149.92	119.04
EBITDA Margin	11.04%	15.40%	19.81%	14.01%	21.08%	23.06%
D&A For EBITDA	53.88	48.89	42.23	38.11	27.53	19.74
EBIT	56.47	94.93	124.12	51.24	122.39	99.3
EBIT Margin	5.65%	10.17%	14.78%	8.04%	17.21%	19.24%
Effective Tax Rate	-	7.94%	12.25%	9.27%	14.72%	11.14%
Revenue as Reported	999.6	933.54	839.81	637.71	711.29	516.2

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