SHA:688597 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	977.04	939.65	560.92	621.97	390.49	458.47
Other Revenue	0.49	0.49	0.87	0.51	0.77	0.65
Revenue	977.53	940.14	561.79	622.47	391.25	459.12
Revenue Growth (YoY)	34.54%	67.35%	-9.75%	59.10%	-14.78%	-13.97%
Cost of Revenue	672.58	601.24	362.6	386.38	236.14	292.88
Gross Profit	304.96	338.9	199.19	236.09	155.11	166.24
Selling, General & Admin	139.56	135.6	109.04	103.49	78	72.41
Research & Development	74.07	80.15	57.66	49	41.51	33.11
Other Operating Expenses	5.4	5.63	2.71	-1.78	-2.37	-3.63
Operating Expenses	217.68	228.23	171.38	152.86	116.87	106.31
Operating Income	87.28	110.67	27.82	83.23	38.25	59.93
Interest Expense	-18.8	-19.04	-10.99	-5.51	-4.6	-1.72
Interest & Investment Income	11.29	10.98	9.61	8	5.3	5.73
Other Non Operating Income (Expenses)	2.27	-0.07	-0.66	-0.3	0.22	1.8
EBT Excluding Unusual Items	82.04	102.53	25.78	85.41	39.17	65.75
Gain (Loss) on Sale of Investments	1.64	1.04	1.6	-0.19	1.21	-
Gain (Loss) on Sale of Assets	-0.04	-0.04	0.39	0.01	0.02	-0.02
Asset Writedown	-3.98	-0.64	5.04	-	-0.17	-
Other Unusual Items	16.4	16.4	4.23	6.91	-0.87	3.59
Pretax Income	96.06	119.29	37.04	92.14	39.35	69.32
Income Tax Expense	6.36	7.26	-0.07	12.88	3.02	6.94
Earnings From Continuing Operations	89.7	112.03	37.11	79.26	36.32	62.38
Minority Interest in Earnings	-0.01	-0.7	0.53	-	-	-
Net Income	89.69	111.32	37.64	79.26	36.32	62.38
Net Income to Common	89.69	111.32	37.64	79.26	36.32	62.38
Net Income Growth	12.76%	195.77%	-52.51%	118.20%	-41.77%	12.38%
Shares Outstanding (Basic)	339	318	310	345	297	255
Shares Outstanding (Diluted)	360	339	310	345	297	255
Shares Change (YoY)	48.28%	9.27%	-10.19%	16.32%	16.51%	3.02%
EPS (Basic)	0.26	0.35	0.12	0.23	0.12	0.24
EPS (Diluted)	0.25	0.33	0.12	0.23	0.12	0.24
EPS Growth	-23.96%	170.68%	-47.13%	87.58%	-50.02%	9.09%
Free Cash Flow	152.05	92.31	13.66	85.93	39.06	-28.04
Free Cash Flow Per Share	0.42	0.27	0.04	0.25	0.13	-0.11
Dividend Per Share	0.109	0.109	0.037	0.069	0.032	-
Dividend Growth	197.82%	197.82%	-46.73%	118.04%	-	-
Gross Margin	31.20%	36.05%	35.46%	37.93%	39.65%	36.21%
Operating Margin	8.93%	11.77%	4.95%	13.37%	9.78%	13.05%
Profit Margin	9.18%	11.84%	6.70%	12.73%	9.28%	13.59%
Free Cash Flow Margin	15.55%	9.82%	2.43%	13.80%	9.98%	-6.11%
EBITDA	106.13	126.75	40.22	94.14	47.49	68.35
EBITDA Margin	10.86%	13.48%	7.16%	15.12%	12.14%	14.89%
D&A For EBITDA	18.85	16.09	12.4	10.91	9.25	8.42
EBIT	87.28	110.67	27.82	83.23	38.25	59.93
EBIT Margin	8.93%	11.77%	4.95%	13.37%	9.78%	13.05%
Effective Tax Rate	6.62%	6.08%	-	13.98%	7.68%	10.01%
Revenue as Reported	977.53	940.14	561.79	622.47	391.25	459.12
Advertising Expenses	-	2.82	1.3	1.51	-	-

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