SHA:688485 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	303.64	357.51	273.56	394.24	392.15	343.07
Other Revenue	1.56	1.56	1.18	0.03	0.19	0.26
Revenue	305.2	359.07	274.74	394.27	392.34	343.33
Revenue Growth (YoY)	9.63%	30.70%	-30.32%	0.49%	14.28%	43.70%
Cost of Revenue	204.37	267.36	188.43	232.35	236.77	195.17
Gross Profit	100.82	91.72	86.31	161.92	155.57	148.16
Selling, General & Admin	52	54.05	62.78	55.54	56.59	55.31
Research & Development	23.61	20.81	20.56	22.41	24.41	21.19
Other Operating Expenses	0.49	0.51	-0.43	3.55	3.63	3.5
Operating Expenses	89.76	90.99	99.02	94.72	88.53	79.8
Operating Income	11.06	0.72	-12.71	67.2	67.04	68.36
Interest Expense	-0.69	-0.81	-0.99	-1.05	-0.65	-1
Interest & Investment Income	8.03	11.54	9.39	1.29	3.91	2.14
Other Non Operating Income (Expenses)	-0.42	-0.69	-0.68	-0.7	0.95	-0.36
EBT Excluding Unusual Items	17.98	10.76	-4.97	66.74	71.24	69.14
Gain (Loss) on Sale of Investments	-1.2	-	-2.56	-1.03	-	-
Gain (Loss) on Sale of Assets	0.77	0.74	-0.02	0.03	-	-
Asset Writedown	-0.06	-	-	-	-	-
Other Unusual Items	-0.13	-0.14	6.49	5.37	4.5	1.39
Pretax Income	17.37	11.36	-1.06	71.11	75.74	70.52
Income Tax Expense	0.03	0.15	-2.29	7.02	7.96	9.04
Earnings From Continuing Operations	17.34	11.21	1.23	64.08	67.78	61.49
Minority Interest in Earnings	0.54	-0.06	0.05	-0.09	-0.09	-
Net Income	17.88	11.15	1.28	63.99	67.7	61.49
Net Income to Common	17.88	11.15	1.28	63.99	67.7	61.49
Net Income Growth	-	773.15%	-98.00%	-5.47%	10.10%	71.99%
Shares Outstanding (Basic)	147	139	148	112	113	105
Shares Outstanding (Diluted)	147	139	148	112	113	105
Shares Change (YoY)	14.27%	-5.63%	31.57%	-0.50%	7.47%	4.98%
EPS (Basic)	0.12	0.08	0.01	0.57	0.60	0.59
EPS (Diluted)	0.12	0.08	0.01	0.57	0.60	0.59
EPS Growth	-	825.28%	-98.48%	-5.00%	2.45%	63.83%
Free Cash Flow	10.95	-18.71	5.17	-23.82	15.35	48.81
Free Cash Flow Per Share	0.07	-0.13	0.04	-0.21	0.14	0.47
Dividend Per Share	0.023	0.023	0.050	0.128	-	-
Dividend Growth	-53.20%	-53.20%	-60.88%	-	-	-
Gross Margin	33.03%	25.54%	31.42%	41.07%	39.65%	43.16%
Operating Margin	3.62%	0.20%	-4.63%	17.04%	17.09%	19.91%
Profit Margin	5.86%	3.11%	0.46%	16.23%	17.25%	17.91%
Free Cash Flow Margin	3.59%	-5.21%	1.88%	-6.04%	3.91%	14.22%
EBITDA	23.29	15.48	5.42	79.74	77.15	77.23
EBITDA Margin	7.63%	4.31%	1.97%	20.23%	19.66%	22.49%
D&A For EBITDA	12.23	14.75	18.12	12.55	10.11	8.87
EBIT	11.06	0.72	-12.71	67.2	67.04	68.36
EBIT Margin	3.62%	0.20%	-4.62%	17.04%	17.09%	19.91%
Effective Tax Rate	0.18%	1.33%	-	9.88%	10.51%	12.82%
Revenue as Reported	305.2	359.07	274.74	394.27	392.34	-
Advertising Expenses	-	1.06	6.36	0.43	0.34	0.46

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