SHA:688553 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	975.28	1,085	926.02	1,490	1,820	1,358
Other Revenue	9.01	9.01	1.06	3.27	3.44	6.55
Revenue	984.29	1,094	927.08	1,493	1,824	1,364
Revenue Growth (YoY)	-12.10%	18.05%	-37.92%	-18.12%	33.68%	92.94%
Cost of Revenue	188.78	187.58	132.75	180.12	160.19	120.91
Gross Profit	795.51	906.8	794.32	1,313	1,664	1,243
Selling, General & Admin	465.78	511.56	437.58	810.82	972.32	771.98
Research & Development	334.32	327.72	340.76	356.19	248.21	88.77
Other Operating Expenses	-5.19	6.57	6.72	7.83	9.57	5.34
Operating Expenses	794.7	845.82	787.93	1,176	1,230	865.56
Operating Income	0.8	60.98	6.39	136.66	433.49	377.72
Interest Expense	-9.09	-12.4	-6.7	-1.18	-1.06	-1.84
Interest & Investment Income	43.96	50.23	79.73	91.18	20.16	13.4
Currency Exchange Gain (Loss)	-0.78	-0.78	3.33	-0.13	-1.1	-1.45
Other Non Operating Income (Expenses)	4.8	0.66	1.39	-5.16	-4.17	0.49
EBT Excluding Unusual Items	39.69	98.69	84.13	221.37	447.31	388.32
Gain (Loss) on Sale of Investments	-36.65	239.86	6.44	2.33	6.16	-
Gain (Loss) on Sale of Assets	-0.41	-0.3	-	-0.03	-0.02	-0.82
Asset Writedown	-1.46	-9.6	-	-	-	-
Other Unusual Items	22.19	21.05	41.58	14.72	24.25	8.95
Pretax Income	23.36	349.7	132.15	238.39	477.7	396.46
Income Tax Expense	-16.7	33.8	-7.18	-10.6	31.84	54.63
Earnings From Continuing Operations	40.06	315.9	139.33	248.99	445.86	341.82
Minority Interest in Earnings	7.17	9.49	0.45	-	-	1.5
Net Income	47.23	325.39	139.79	248.99	445.86	343.32
Net Income to Common	47.23	325.39	139.79	248.99	445.86	343.32
Net Income Growth	-83.02%	132.78%	-43.86%	-44.16%	29.87%	94.03%
Shares Outstanding (Basic)	424	423	424	422	372	361
Shares Outstanding (Diluted)	424	423	424	422	372	361
Shares Change (YoY)	0.62%	-0.24%	0.37%	13.58%	2.81%	-
EPS (Basic)	0.11	0.77	0.33	0.59	1.20	0.95
EPS (Diluted)	0.11	0.77	0.33	0.59	1.20	0.95
EPS Growth	-83.13%	133.33%	-44.07%	-50.83%	26.32%	-
Free Cash Flow	12.14	114.78	-229.79	-267.55	12.91	228.74
Free Cash Flow Per Share	0.03	0.27	-0.54	-0.63	0.04	0.63
Dividend Per Share	0.463	0.463	0.213	0.235	0.211	-
Dividend Growth	117.47%	117.47%	-9.36%	11.37%	-	-
Gross Margin	80.82%	82.86%	85.68%	87.94%	91.22%	91.14%
Operating Margin	0.08%	5.57%	0.69%	9.15%	23.77%	27.69%
Profit Margin	4.80%	29.73%	15.08%	16.67%	24.45%	25.17%
Free Cash Flow Margin	1.23%	10.49%	-24.79%	-17.92%	0.71%	16.77%
EBITDA	90.59	137.49	65.2	184.38	468.91	402.47
EBITDA Margin	9.20%	12.56%	7.03%	12.35%	25.71%	29.50%
D&A For EBITDA	89.78	76.51	58.81	47.72	35.43	24.75
EBIT	0.8	60.98	6.39	136.66	433.49	377.72
EBIT Margin	0.08%	5.57%	0.69%	9.15%	23.77%	27.69%
Effective Tax Rate	-	9.67%	-	-	6.67%	13.78%
Revenue as Reported	984.29	1,094	927.08	1,493	1,824	1,364
Advertising Expenses	-	-	-	1	3.71	3.81

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