SHA:688401 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	2015 - 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	2015 - 2019
Operating Revenue	1,100	875.2	671.95	639.62	493.43	401.61	Upgrade
Other Revenue	0.35	0.35	0.44	0.4	0.16	0.09	Upgrade
Revenue	1,100	875.55	672.39	640.01	493.59	401.7	Upgrade
Revenue Growth (YoY)	38.68%	30.21%	5.06%	29.67%	22.88%	84.03%	Upgrade
Cost of Revenue	719.61	573.56	439.31	432.63	368.48	314.87	Upgrade
Gross Profit	380.38	301.99	233.09	207.38	125.11	86.83	Upgrade
Selling, General & Admin	64.17	56.74	49.18	48.45	52.76	35.36	Upgrade
Research & Development	37.99	37.62	35.21	28.42	23	28.36	Upgrade
Other Operating Expenses	-4.56	-4.47	1.43	4.44	5.03	-4.83	Upgrade
Operating Expenses	99.5	93.91	87.62	83.08	81.92	61.02	Upgrade
Operating Income	280.87	208.08	145.47	124.31	43.19	25.81	Upgrade
Interest Expense	-19.66	-15.47	-13.67	-22.89	-25.25	-22.09	Upgrade
Interest & Investment Income	3.71	5.66	9.92	6.33	1.81	1.96	Upgrade
Currency Exchange Gain (Loss)	4.05	4.05	-0.42	3.23	7.08	5.43	Upgrade
Other Non Operating Income (Expenses)	-7.7	-0.65	0.29	-3.36	-3.19	-2.98	Upgrade
EBT Excluding Unusual Items	261.28	201.68	141.58	107.61	23.64	8.13	Upgrade
Gain (Loss) on Sale of Investments	0.65	-	3.59	1.47	-	-	Upgrade
Gain (Loss) on Sale of Assets	-0.32	0.54	-1.7	0.19	-0.04	-0.01	Upgrade
Asset Writedown	0.54	-	-	-	-	-	Upgrade
Other Unusual Items	14.55	14.53	25.85	22.22	17.13	-0.2	Upgrade
Pretax Income	276.7	216.75	169.31	131.49	40.73	7.91	Upgrade
Income Tax Expense	35.25	25.56	22.86	20.67	12.23	11.6	Upgrade
Earnings From Continuing Operations	241.45	191.19	146.45	110.82	28.5	-3.68	Upgrade
Minority Interest in Earnings	0.11	-0.33	2.35	8.96	23.81	36.14	Upgrade
Net Income	241.56	190.86	148.8	119.78	52.31	32.46	Upgrade
Net Income to Common	241.56	190.86	148.8	119.78	52.31	32.46	Upgrade
Net Income Growth	49.56%	28.27%	24.23%	129.00%	61.14%	-	Upgrade
Shares Outstanding (Basic)	193	193	193	162	146	138	Upgrade
Shares Outstanding (Diluted)	193	193	193	162	146	138	Upgrade
Shares Change (YoY)	0.60%	-0.24%	19.39%	10.97%	5.38%	10.71%	Upgrade
EPS (Basic)	1.25	0.99	0.77	0.74	0.36	0.23	Upgrade
EPS (Diluted)	1.25	0.99	0.77	0.74	0.36	0.23	Upgrade
EPS Growth	48.67%	28.57%	4.05%	106.36%	52.92%	-	Upgrade
Free Cash Flow	-8.08	12.68	-171.63	183.63	-0.99	-37.94	Upgrade
Free Cash Flow Per Share	-0.04	0.07	-0.89	1.13	-0.01	-0.27	Upgrade
Dividend Per Share	0.300	0.300	0.235	0.152	-	-	Upgrade
Dividend Growth	27.66%	27.66%	54.91%	-	-	-	Upgrade
Gross Margin	34.58%	34.49%	34.66%	32.40%	25.35%	21.62%	Upgrade
Operating Margin	25.53%	23.77%	21.63%	19.42%	8.75%	6.42%	Upgrade
Profit Margin	21.96%	21.80%	22.13%	18.71%	10.60%	8.08%	Upgrade
Free Cash Flow Margin	-0.73%	1.45%	-25.52%	28.69%	-0.20%	-9.45%	Upgrade
EBITDA	395.28	308.47	227.17	202.84	118.38	35.56	Upgrade
EBITDA Margin	35.94%	35.23%	33.79%	31.69%	23.98%	8.85%	Upgrade
D&A For EBITDA	114.41	100.39	81.7	78.54	75.19	9.75	Upgrade
EBIT	280.87	208.08	145.47	124.31	43.19	25.81	Upgrade
EBIT Margin	25.53%	23.77%	21.63%	19.42%	8.75%	6.42%	Upgrade
Effective Tax Rate	12.74%	11.79%	13.50%	15.72%	30.04%	146.57%	Upgrade
Revenue as Reported	1,100	875.55	672.39	640.01	493.59	401.7	Upgrade

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