SHA:688557 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	1,504	1,206	974.74	914.73	603.4	451.24
Other Revenue	1.39	1.39	0.76	0.72	0.49	0.56
Revenue	1,505	1,208	975.5	915.45	603.89	451.8
Revenue Growth (YoY)	36.32%	23.80%	6.56%	51.59%	33.66%	14.26%
Cost of Revenue	1,054	821.35	639.45	669.16	399.6	255.17
Gross Profit	450.83	386.33	336.05	246.29	204.29	196.64
Selling, General & Admin	155.69	134.59	113.84	93.36	81.87	67.07
Research & Development	141.18	127.52	86.57	74.94	61.74	39.65
Other Operating Expenses	-32.84	-29.04	-5.8	-10.42	-9.31	2.16
Operating Expenses	309.17	288.34	237.28	167.11	143.06	110.67
Operating Income	141.66	97.99	98.77	79.18	61.23	85.97
Interest Expense	-0.11	-0.25	-0.23	-	-0.05	-0.7
Interest & Investment Income	8.25	5.67	6.6	7.9	10.78	3.37
Currency Exchange Gain (Loss)	-0.24	-0.24	0.03	-1.33	0.01	0.21
Other Non Operating Income (Expenses)	-3.81	-2.45	-2.49	-3.84	-0.59	-0.67
EBT Excluding Unusual Items	145.74	100.73	102.68	81.91	71.38	88.19
Gain (Loss) on Sale of Investments	0.5	0.21	0.07	0.46	2.91	-0.05
Gain (Loss) on Sale of Assets	-3.98	-0.14	-0.15	-0.36	-0.07	-
Asset Writedown	-9.22	-	-	-	-4.93	-1.99
Other Unusual Items	15.21	13.81	15.57	14.41	17.6	9.31
Pretax Income	148.25	114.61	118.16	96.43	86.88	95.46
Income Tax Expense	5.98	2.54	7.73	5.91	6.38	11.71
Net Income	142.27	112.07	110.43	90.52	80.5	83.75
Net Income to Common	142.27	112.07	110.43	90.52	80.5	83.75
Net Income Growth	34.40%	1.48%	21.99%	12.45%	-3.88%	14.19%
Shares Outstanding (Basic)	101	102	102	101	102	78
Shares Outstanding (Diluted)	101	102	103	104	102	78
Shares Change (YoY)	-2.40%	-1.29%	-0.65%	2.32%	29.89%	6.58%
EPS (Basic)	1.40	1.10	1.08	0.89	0.79	1.07
EPS (Diluted)	1.40	1.10	1.07	0.87	0.79	1.07
EPS Growth	37.70%	2.80%	22.79%	9.90%	-25.99%	7.14%
Free Cash Flow	190.02	196.85	-86.85	-132.84	-69.72	-7.77
Free Cash Flow Per Share	1.87	1.93	-0.84	-1.28	-0.69	-0.10
Dividend Per Share	0.330	0.330	0.329	0.271	0.243	0.350
Dividend Growth	0.43%	0.43%	21.08%	11.73%	-30.60%	-
Gross Margin	29.95%	31.99%	34.45%	26.90%	33.83%	43.52%
Operating Margin	9.41%	8.11%	10.13%	8.65%	10.14%	19.03%
Profit Margin	9.45%	9.28%	11.32%	9.89%	13.33%	18.54%
Free Cash Flow Margin	12.63%	16.30%	-8.90%	-14.51%	-11.54%	-1.72%
EBITDA	168.67	123.24	121.68	93.32	74.5	98.81
EBITDA Margin	11.21%	10.21%	12.47%	10.19%	12.34%	21.87%
D&A For EBITDA	27.01	25.25	22.91	14.14	13.27	12.84
EBIT	141.66	97.99	98.77	79.18	61.23	85.97
EBIT Margin	9.41%	8.11%	10.13%	8.65%	10.14%	19.03%
Effective Tax Rate	4.03%	2.22%	6.54%	6.13%	7.34%	12.27%
Revenue as Reported	1,505	1,208	975.5	915.45	603.89	451.8
Advertising Expenses	-	10.11	4.21	1.49	3.71	1.48

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