SHA:688479 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
Revenue	490.85	594.81	735.81	661.55	589.06	476.1
Revenue Growth (YoY)	-25.11%	-19.16%	11.22%	12.31%	23.73%	-2.23%
Cost of Revenue	328	387.74	484.72	401.05	332.04	265.4
Gross Profit	162.86	207.07	251.09	260.51	257.02	210.7
Selling, General & Admin	64.34	66.62	69.99	58.2	54.09	45.92
Research & Development	79.25	95.62	94.46	90.56	80.51	79.63
Other Operating Expenses	8.95	2.18	1.6	-0.06	0.79	0.9
Operating Expenses	164.58	168.44	176.46	162.57	139.51	133.29
Operating Income	-1.72	38.63	74.63	97.94	117.51	77.41
Interest Expense	-0.02	-0.09	-0.19	-0.24	-0.41	-
Interest & Investment Income	9.55	10.06	7.09	3.97	3.4	2.16
Other Non Operating Income (Expenses)	-1.2	-0.11	0.35	-0.11	-0.13	-0.09
EBT Excluding Unusual Items	6.61	48.49	81.88	101.56	120.37	79.48
Gain (Loss) on Sale of Investments	19.44	20.71	27.95	6.37	7.99	8.33
Gain (Loss) on Sale of Assets	0.03	0.01	0.02	-	-	-
Asset Writedown	0.02	-	-	-	-	-
Other Unusual Items	12.4	12.4	10.94	9.91	9.02	0.81
Pretax Income	38.5	81.61	120.79	117.85	137.38	88.62
Income Tax Expense	-3.13	0.9	5.99	10.07	15.08	3.79
Net Income	41.62	80.71	114.81	107.78	122.3	84.83
Preferred Dividends & Other Adjustments	-	-	-	-	-	2.97
Net Income to Common	41.62	80.71	114.81	107.78	122.3	81.86
Net Income Growth	-49.41%	-29.70%	6.52%	-11.87%	44.17%	-8.45%
Shares Outstanding (Basic)	147	144	128	103	102	102
Shares Outstanding (Diluted)	147	144	129	107	104	102
Shares Change (YoY)	2.70%	11.73%	20.88%	2.21%	2.36%	5.68%
EPS (Basic)	0.28	0.56	0.90	1.05	1.20	0.80
EPS (Diluted)	0.28	0.56	0.89	1.01	1.17	0.80
EPS Growth	-50.74%	-37.08%	-11.88%	-13.68%	46.25%	-16.67%
Free Cash Flow	65.77	-77.82	51.37	50.23	122.34	79.02
Free Cash Flow Per Share	0.45	-0.54	0.40	0.47	1.17	0.78
Dividend Per Share	0.500	0.500	0.500	-	-	0.500
Dividend Growth	-	-	-	-	-	16.28%
Gross Margin	33.18%	34.81%	34.12%	39.38%	43.63%	44.26%
Operating Margin	-0.35%	6.49%	10.14%	14.80%	19.95%	16.26%
Profit Margin	8.48%	13.57%	15.60%	16.29%	20.76%	17.19%
Free Cash Flow Margin	13.40%	-13.08%	6.98%	7.59%	20.77%	16.60%
EBITDA	0.89	40.7	76	99.11	118.66	78.56
EBITDA Margin	0.18%	6.84%	10.33%	14.98%	20.14%	16.50%
D&A For EBITDA	2.61	2.07	1.36	1.16	1.14	1.15
EBIT	-1.72	38.63	74.63	97.94	117.51	77.41
EBIT Margin	-0.35%	6.49%	10.14%	14.80%	19.95%	16.26%
Effective Tax Rate	-	1.10%	4.96%	8.54%	10.98%	4.28%

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