SHA:688582 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	533.97	404.39	317.08	226.67	165.85	108.21
Other Revenue	0.11	0.11	0	0.19	0.24	0.37
Revenue	534.08	404.5	317.09	226.86	166.09	108.58
Revenue Growth (YoY)	34.76%	27.57%	39.77%	36.58%	52.96%	35.92%
Cost of Revenue	72.89	60.55	53.88	31.95	24.26	13.08
Gross Profit	461.19	343.96	263.21	194.91	141.83	95.51
Selling, General & Admin	41.06	41.34	36.64	27.75	19.46	15.56
Research & Development	117.67	109.49	80.2	55.75	40.51	26.02
Other Operating Expenses	3.5	-1.89	2.3	2.15	1.62	1.4
Operating Expenses	166.35	153.71	126.05	89.24	65.61	46.27
Operating Income	294.84	190.25	137.16	105.66	76.22	49.23
Interest Expense	-0.79	-0.98	-0.47	-0.42	-0.38	-
Interest & Investment Income	18.79	25.56	15.73	4.42	5.16	4.7
Currency Exchange Gain (Loss)	-0.29	-0.29	-0.51	-0.13	0.16	0.02
Other Non Operating Income (Expenses)	-1.42	-0.14	0.09	-0.14	-0.03	-0.03
EBT Excluding Unusual Items	311.14	214.41	152	109.38	81.12	53.93
Gain (Loss) on Sale of Investments	10.63	7.29	5.75	0.32	1.4	-0.07
Gain (Loss) on Sale of Assets	0.11	-0.5	-0.06	-	-	-
Asset Writedown	-	-	-	-	-	-0.8
Other Unusual Items	0.98	0.98	7.71	6.9	3.62	5.03
Pretax Income	322.85	222.17	165.4	116.61	86.14	58.09
Income Tax Expense	-	-	-	-	3.54	6.19
Net Income	322.85	222.17	165.4	116.61	82.61	51.9
Net Income to Common	322.85	222.17	165.4	116.61	82.61	51.9
Net Income Growth	56.34%	34.33%	41.84%	41.16%	59.16%	36.84%
Shares Outstanding (Basic)	399	397	376	343	344	324
Shares Outstanding (Diluted)	412	404	376	343	344	324
Shares Change (YoY)	2.27%	7.46%	9.61%	-0.36%	6.11%	-
EPS (Basic)	0.81	0.56	0.44	0.34	0.24	0.16
EPS (Diluted)	0.78	0.55	0.44	0.34	0.24	0.16
EPS Growth	52.86%	25.00%	29.41%	41.67%	50.00%	-
Free Cash Flow	246.91	128.29	-0.11	42.35	11.09	-27.95
Free Cash Flow Per Share	0.60	0.32	-	0.12	0.03	-0.09
Dividend Per Share	0.380	0.224	0.188	-	0.048	-
Dividend Growth	196.88%	19.15%	-	-	-	-
Gross Margin	86.35%	85.03%	83.01%	85.92%	85.39%	87.96%
Operating Margin	55.21%	47.03%	43.26%	46.58%	45.89%	45.34%
Profit Margin	60.45%	54.93%	52.16%	51.40%	49.73%	47.80%
Free Cash Flow Margin	46.23%	31.71%	-0.03%	18.67%	6.67%	-25.74%
EBITDA	306.8	201.42	147.29	114.04	84.52	55.61
EBITDA Margin	57.45%	49.80%	46.45%	50.27%	50.89%	51.21%
D&A For EBITDA	11.96	11.18	10.13	8.37	8.3	6.37
EBIT	294.84	190.25	137.16	105.66	76.22	49.23
EBIT Margin	55.21%	47.03%	43.26%	46.58%	45.89%	45.34%
Effective Tax Rate	-	-	-	-	4.11%	10.66%
Revenue as Reported	534.08	404.5	317.09	226.86	-	-

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