SHA:688576 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	359.74	336.28	360.64	261.34	208.67	127.08
Other Revenue	0.1	0.1	0.05	0.94	0.19	0.29
Revenue	359.84	336.38	360.69	262.27	208.86	127.38
Revenue Growth (YoY)	1.59%	-6.74%	37.52%	25.57%	63.97%	54.40%
Cost of Revenue	124.82	102.95	113.35	83.25	63.39	43.98
Gross Profit	235.02	233.43	247.34	179.02	145.47	83.39
Selling, General & Admin	122.07	112.9	112.14	84.76	69.46	54.69
Research & Development	57.72	55.24	46.5	29.94	28.09	18.77
Other Operating Expenses	2.22	-1.86	-4.58	1.58	-1.85	-0.1
Operating Expenses	180.82	168.09	156.96	116.32	95.72	73.33
Operating Income	54.2	65.33	90.38	62.7	49.75	10.07
Interest Expense	-0	-0.05	-0.2	-0.36	-0.44	-2.84
Interest & Investment Income	18.53	27.69	17.69	6.43	1.81	0.08
Currency Exchange Gain (Loss)	0.11	0.11	0.01	0.01	-0.04	-0.02
Other Non Operating Income (Expenses)	0.03	0.18	-0.18	0	0.27	-0.42
EBT Excluding Unusual Items	72.87	93.25	107.7	68.78	51.34	6.87
Gain (Loss) on Sale of Investments	10.4	13.5	5.13	-	-	-
Gain (Loss) on Sale of Assets	-0.26	0.06	-0.18	-0.24	4.55	-0.04
Asset Writedown	-3.1	-	-	-	-	-0.02
Other Unusual Items	4.57	4.55	14.41	6.15	4.95	6.9
Pretax Income	84.49	111.37	127.06	74.69	60.84	13.72
Income Tax Expense	8.32	12.7	9.71	-0.66	-0.59	-0.48
Net Income	76.17	98.67	117.34	75.35	61.43	14.19
Net Income to Common	76.17	98.67	117.34	75.35	61.43	14.19
Net Income Growth	-35.67%	-15.92%	55.73%	22.66%	332.89%	-
Shares Outstanding (Basic)	45	50	46	40	37	31
Shares Outstanding (Diluted)	45	50	46	40	37	31
Shares Change (YoY)	-12.58%	7.99%	16.95%	7.68%	18.51%	0.34%
EPS (Basic)	1.68	1.97	2.53	1.90	1.67	0.46
EPS (Diluted)	1.68	1.97	2.53	1.90	1.67	0.46
EPS Growth	-26.41%	-22.13%	33.16%	13.92%	265.29%	-
Free Cash Flow	30.33	-118.08	-35.64	29.95	41.7	33.04
Free Cash Flow Per Share	0.67	-2.36	-0.77	0.76	1.13	1.06
Dividend Per Share	1.000	1.000	1.000	-	-	-
Gross Margin	65.31%	69.39%	68.57%	68.26%	69.65%	65.47%
Operating Margin	15.06%	19.42%	25.06%	23.91%	23.82%	7.90%
Profit Margin	21.17%	29.33%	32.53%	28.73%	29.41%	11.14%
Free Cash Flow Margin	8.43%	-35.10%	-9.88%	11.42%	19.96%	25.94%
EBITDA	64.8	74.41	97.44	68.04	53.73	13.99
EBITDA Margin	18.01%	22.12%	27.02%	25.94%	25.72%	10.99%
D&A For EBITDA	10.59	9.08	7.06	5.34	3.98	3.93
EBIT	54.2	65.33	90.38	62.7	49.75	10.07
EBIT Margin	15.06%	19.42%	25.06%	23.91%	23.82%	7.90%
Effective Tax Rate	9.85%	11.40%	7.65%	-	-	-
Revenue as Reported	-	-	-	-	208.86	127.38
Advertising Expenses	-	-	-	-	5.85	2.68

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