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	Mar '25 Mar 31, 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	401.44	380	338.15	373.84	373.11	255.11
Other Revenue	0.67	0.67	0.78	0.52	2.39	2.14
Revenue	402.11	380.67	338.93	374.36	375.5	257.25
Revenue Growth (YoY)	17.04%	12.32%	-9.46%	-0.30%	45.97%	-
Cost of Revenue	238.83	229.15	218.41	257.31	268.7	174.29
Gross Profit	163.28	151.52	120.51	117.05	106.8	82.96
Selling, General & Admin	58.57	53.29	37.8	31.61	27.44	22.38
Research & Development	31.39	27.68	21.97	21.74	21.01	13.68
Other Operating Expenses	0.5	0.54	0.48	1.58	1.74	1.18
Operating Expenses	91.28	81.57	60.74	54.97	52.85	38.2
Operating Income	72	69.95	59.77	62.08	53.95	44.76
Interest Expense	-1.28	-1.32	-1.14	-1.25	-1.48	-0.57
Interest & Investment Income	3.99	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)	-0.28	-0.42	-0.27	-0.4	-0.2	-0.05
EBT Excluding Unusual Items	74.46	74.33	64.51	60.55	52.32	44.16
Gain (Loss) on Sale of Investments	11.29	10.32	1.67	-	-0.17	-0.31
Gain (Loss) on Sale of Assets	-0.07	-0.07	0	-0	-	-
Asset Writedown	-0.12	-	-	-0.05	-0.73	-
Other Unusual Items	2.47	2.52	1.42	1.36	0.28	0.85
Pretax Income	88.02	87.09	67.6	61.86	51.7	44.71
Income Tax Expense	12.31	12.41	9.03	7.25	6.72	5.93
Net Income	75.71	74.68	58.57	54.61	44.98	38.78
Net Income to Common	75.71	74.68	58.57	54.61	44.98	38.78
Net Income Growth	16.24%	27.50%	7.25%	21.41%	15.99%	-
Shares Outstanding (Basic)	124	125	110	94	91	84
Shares Outstanding (Diluted)	124	125	110	94	91	84
Shares Change (YoY)	4.43%	13.18%	17.97%	2.59%	8.97%	-
EPS (Basic)	0.61	0.60	0.53	0.58	0.49	0.46
EPS (Diluted)	0.61	0.60	0.53	0.58	0.49	0.46
EPS Growth	11.31%	12.66%	-9.09%	18.34%	6.44%	-
Free Cash Flow	29.41	29.37	47.18	23.79	-26.83	-4.2
Free Cash Flow Per Share	0.24	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	17.90%	18.38%	17.64%	16.58%	14.37%	17.40%
Profit Margin	18.83%	19.62%	17.28%	14.59%	11.98%	15.07%
Free Cash Flow Margin	7.31%	7.71%	13.92%	6.36%	-7.14%	-1.63%
EBITDA	77.35	75.1	64.07	65.26	55.88	46.44
EBITDA Margin	19.24%	19.73%	18.91%	17.43%	14.88%	18.05%
D&A For EBITDA	5.35	5.14	4.3	3.18	1.93	1.68
EBIT	72	69.95	59.77	62.08	53.95	44.76
EBIT Margin	17.90%	18.38%	17.64%	16.58%	14.37%	17.40%
Effective Tax Rate	13.98%	14.25%	13.36%	11.71%	12.99%	13.27%
Revenue as Reported	402.11	380.67	338.93	374.36	-	-

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