SHA:688459 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	1,165	1,105	969.03	908.54	1,012	801.47
Other Revenue	0.51	0.51	0.31	0.38	0.02	-
Revenue	1,166	1,106	969.35	908.92	1,012	801.47
Revenue Growth (YoY)	10.48%	14.08%	6.65%	-10.22%	26.32%	16.26%
Cost of Revenue	737.7	704.27	603.56	560.19	655.57	508.13
Gross Profit	428.28	401.54	365.79	348.73	356.83	293.34
Selling, General & Admin	191.29	196.22	187.6	174.52	181.72	121.1
Research & Development	99.7	90.38	91.2	70.13	59.31	59.24
Other Operating Expenses	2.08	3.34	9.43	8.44	8.78	4.94
Operating Expenses	299.53	294.49	289.71	256.93	251.41	167.45
Operating Income	128.75	107.05	76.08	91.81	105.42	125.9
Interest Expense	-0.22	-0.22	-0.16	-0.27	-0.13	-0.15
Interest & Investment Income	30.84	43.22	50.51	25.78	10.5	0.9
Earnings From Equity Investments	-0.6	-	-	3.38	1.1	-
Currency Exchange Gain (Loss)	-0.22	-0.22	0.11	0.35	-0.42	0.06
Other Non Operating Income (Expenses)	-1.58	-1.8	-1.54	-1.37	-2.57	-0.49
EBT Excluding Unusual Items	156.97	148.03	125	119.68	113.9	126.22
Gain (Loss) on Sale of Investments	-	-	-	-	-	-2.56
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.08	-0.04	0.1	0
Asset Writedown	-0.51	-1.42	-	-	-	0
Legal Settlements	-0.04	-0.04	-	-	-	-
Other Unusual Items	0.91	0.9	5.03	21.89	5.46	2.6
Pretax Income	157.31	147.45	129.95	141.53	119.45	126.26
Income Tax Expense	16.78	14.5	14.01	17.6	18.44	18.01
Earnings From Continuing Operations	140.53	132.94	115.94	123.93	101.01	108.25
Minority Interest in Earnings	-8.8	-7.35	-5.23	-8.66	-13.97	0.11
Net Income	131.73	125.59	110.71	115.27	87.04	108.35
Net Income to Common	131.73	125.59	110.71	115.27	87.04	108.35
Net Income Growth	0.08%	13.44%	-3.95%	32.43%	-19.67%	-0.34%
Shares Outstanding (Basic)	480	480	480	390	318	259
Shares Outstanding (Diluted)	480	480	480	390	318	259
Shares Change (YoY)	-0.05%	0.00%	23.07%	22.62%	22.65%	0.16%
EPS (Basic)	0.27	0.26	0.23	0.30	0.27	0.42
EPS (Diluted)	0.27	0.26	0.23	0.30	0.27	0.42
EPS Growth	0.14%	13.44%	-21.95%	8.00%	-34.51%	-0.50%
Free Cash Flow	66.93	-90.46	102.69	83.75	-2.35	106.34
Free Cash Flow Per Share	0.14	-0.19	0.21	0.21	-0.01	0.41
Dividend Per Share	0.130	0.100	0.100	0.080	-	-
Dividend Growth	30.00%	-	25.00%	-	-	-
Gross Margin	36.73%	36.31%	37.74%	38.37%	35.25%	36.60%
Operating Margin	11.04%	9.68%	7.85%	10.10%	10.41%	15.71%
Profit Margin	11.30%	11.36%	11.42%	12.68%	8.60%	13.52%
Free Cash Flow Margin	5.74%	-8.18%	10.59%	9.21%	-0.23%	13.27%
EBITDA	149.39	126.92	94.92	111.93	126.79	128.67
EBITDA Margin	12.81%	11.48%	9.79%	12.31%	12.52%	16.05%
D&A For EBITDA	20.63	19.87	18.84	20.13	21.37	2.78
EBIT	128.75	107.05	76.08	91.81	105.42	125.9
EBIT Margin	11.04%	9.68%	7.85%	10.10%	10.41%	15.71%
Effective Tax Rate	10.67%	9.84%	10.78%	12.44%	15.44%	14.27%
Revenue as Reported	1,166	1,106	969.35	908.92	1,012	801.47
Advertising Expenses	-	-	-	2.67	-	-

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