SHA:688603 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	440.89	380	338.15	373.84	373.11	255.11
Other Revenue	0.67	0.67	0.78	0.52	2.39	2.14
Revenue	441.56	380.67	338.93	374.36	375.5	257.25
Revenue Growth (YoY)	20.99%	12.32%	-9.46%	-0.30%	45.97%	-
Cost of Revenue	262.25	229.15	218.41	257.31	268.7	174.29
Gross Profit	179.3	151.52	120.51	117.05	106.8	82.96
Selling, General & Admin	65.92	53.29	37.8	31.61	27.44	22.38
Research & Development	35.64	27.68	21.97	21.74	21.01	13.68
Other Operating Expenses	-3.01	0.54	0.48	1.58	1.74	1.18
Operating Expenses	99.49	81.57	60.74	54.97	52.85	38.2
Operating Income	79.81	69.95	59.77	62.08	53.95	44.76
Interest Expense	-1.12	-1.32	-1.14	-1.25	-1.48	-0.57
Interest & Investment Income	4.7	6.07	6.14	0.12	0.06	0.02
Currency Exchange Gain (Loss)	0.04	0.04	0	0	-	-0
Other Non Operating Income (Expenses)	-0.59	-0.42	-0.27	-0.4	-0.2	-0.05
EBT Excluding Unusual Items	82.84	74.33	64.51	60.55	52.32	44.16
Gain (Loss) on Sale of Investments	7.88	10.32	1.67	-	-0.17	-0.31
Gain (Loss) on Sale of Assets	-0.31	-0.07	0	-0	-	-
Asset Writedown	-0.43	-	-	-0.05	-0.73	-
Other Unusual Items	2.57	2.52	1.42	1.36	0.28	0.85
Pretax Income	92.55	87.09	67.6	61.86	51.7	44.71
Income Tax Expense	15.19	12.41	9.03	7.25	6.72	5.93
Net Income	77.52	74.68	58.57	54.61	44.98	38.78
Net Income to Common	77.52	74.68	58.57	54.61	44.98	38.78
Net Income Growth	4.64%	27.50%	7.25%	21.41%	15.99%	-
Shares Outstanding (Basic)	125	125	110	94	91	84
Shares Outstanding (Diluted)	125	125	110	94	91	84
Shares Change (YoY)	-1.89%	13.18%	17.97%	2.59%	8.97%	-
EPS (Basic)	0.62	0.60	0.53	0.58	0.49	0.46
EPS (Diluted)	0.62	0.60	0.53	0.58	0.49	0.46
EPS Growth	6.65%	12.66%	-9.09%	18.34%	6.44%	-
Free Cash Flow	-85.32	29.37	47.18	23.79	-26.83	-4.2
Free Cash Flow Per Share	-0.68	0.23	0.43	0.25	-0.29	-0.05
Dividend Per Share	0.201	0.201	0.157	-	-	-
Dividend Growth	27.89%	27.89%	-	-	-	-
Gross Margin	40.61%	39.80%	35.56%	31.27%	28.44%	32.25%
Operating Margin	18.07%	18.38%	17.64%	16.58%	14.37%	17.40%
Profit Margin	17.56%	19.62%	17.28%	14.59%	11.98%	15.07%
Free Cash Flow Margin	-19.32%	7.71%	13.92%	6.36%	-7.14%	-1.63%
EBITDA	85.58	75.1	64.07	65.26	55.88	46.44
EBITDA Margin	19.38%	19.73%	18.91%	17.43%	14.88%	18.05%
D&A For EBITDA	5.77	5.14	4.3	3.18	1.93	1.68
EBIT	79.81	69.95	59.77	62.08	53.95	44.76
EBIT Margin	18.07%	18.38%	17.64%	16.58%	14.37%	17.40%
Effective Tax Rate	16.41%	14.25%	13.36%	11.71%	12.99%	13.27%
Revenue as Reported	441.56	380.67	338.93	374.36	-	-

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