SHA:688566 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	957.76	896.53	860.93	654.73	509.69	565.97
Revenue Growth (YoY)	7.96%	4.13%	31.49%	28.46%	-9.94%	4.32%
Cost of Revenue	100.43	95.26	97.18	76.17	62.12	64.06
Gross Profit	857.33	801.28	763.76	578.56	447.57	501.91
Selling, General & Admin	537.92	458.54	459.86	361.56	304.65	326.75
Research & Development	37.7	38.65	55.77	55.18	29.28	33.55
Other Operating Expenses	14.78	12.98	10.47	9.24	9.1	9.89
Operating Expenses	590.1	512.43	533.31	426.71	341.26	373.28
Operating Income	267.22	288.85	230.44	151.85	106.32	128.63
Interest Expense	-0.23	-0.13	-0.11	-0.38	-	-
Interest & Investment Income	5.75	5.4	12.02	17.77	21.64	19.51
Other Non Operating Income (Expenses)	0.45	-0.11	-0.14	-0.07	-0.11	-0.11
EBT Excluding Unusual Items	273.2	294.01	242.22	169.18	127.85	148.02
Gain (Loss) on Sale of Investments	-1.2	-1.05	-1.9	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-	0
Asset Writedown	-42.24	-42.24	-	-	-	-
Other Unusual Items	50.96	2.65	7.16	5.37	4.71	0.51
Pretax Income	280.72	253.36	247.48	174.53	132.56	148.53
Income Tax Expense	40.19	34.39	28.71	20.27	18.22	18.67
Earnings From Continuing Operations	240.53	218.98	218.77	154.26	114.35	129.86
Minority Interest in Earnings	1.14	0.35	0.32	0.4	0.55	-0.14
Net Income	241.67	219.33	219.09	154.67	114.9	129.72
Net Income to Common	241.67	219.33	219.09	154.67	114.9	129.72
Net Income Growth	1.29%	0.11%	41.65%	34.61%	-11.42%	14.88%
Shares Outstanding (Basic)	199	194	187	186	188	168
Shares Outstanding (Diluted)	199	194	187	186	188	168
Shares Change (YoY)	4.39%	3.65%	0.49%	-1.07%	11.81%	20.85%
EPS (Basic)	1.21	1.13	1.17	0.83	0.61	0.77
EPS (Diluted)	1.21	1.13	1.17	0.83	0.61	0.77
EPS Growth	-2.97%	-3.42%	40.96%	36.07%	-20.78%	-4.94%
Free Cash Flow	74.53	40.76	-197.87	-141.98	66.77	93.68
Free Cash Flow Per Share	0.37	0.21	-1.06	-0.76	0.35	0.56
Dividend Per Share	0.520	0.780	-	0.480	0.480	0.480
Gross Margin	89.51%	89.38%	88.71%	88.37%	87.81%	88.68%
Operating Margin	27.90%	32.22%	26.77%	23.19%	20.86%	22.73%
Profit Margin	25.23%	24.46%	25.45%	23.62%	22.54%	22.92%
Free Cash Flow Margin	7.78%	4.55%	-22.98%	-21.68%	13.10%	16.55%
EBITDA	277.37	299.45	241.65	164.6	119.3	141.93
EBITDA Margin	28.96%	33.40%	28.07%	25.14%	23.41%	25.08%
D&A For EBITDA	10.15	10.6	11.2	12.75	12.98	13.3
EBIT	267.22	288.85	230.44	151.85	106.32	128.63
EBIT Margin	27.90%	32.22%	26.77%	23.19%	20.86%	22.73%
Effective Tax Rate	14.32%	13.57%	11.60%	11.62%	13.74%	12.57%
Revenue as Reported	957.76	896.53	860.93	654.73	509.69	565.97
Advertising Expenses	-	-	-	153.2	121.29	142.98

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