SHA:688605 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
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
Operating Revenue	1,227	1,128	550.03	463.47	419.22
Other Revenue	7.96	7.96	7.69	6.25	4.42
Revenue	1,235	1,136	557.72	469.72	423.65
Revenue Growth (YoY)	121.52%	103.65%	18.73%	10.88%	-
Cost of Revenue	868.53	760.97	392.33	294.55	266.32
Gross Profit	366.91	374.8	165.38	175.17	157.32
Selling, General & Admin	60.68	55.36	41.32	32	28.39
Research & Development	70.8	64.08	36.31	30.97	21.54
Other Operating Expenses	-2.71	-0.8	-0.99	3.23	3.47
Operating Expenses	126.81	128.21	80.6	65.86	57.31
Operating Income	240.1	246.59	84.78	109.31	100.01
Interest Expense	-2.51	-2.18	-1.7	-2.53	-3.28
Interest & Investment Income	4.39	1.76	2.27	0.9	0.16
Currency Exchange Gain (Loss)	1.61	1.61	3.7	6.62	-2.22
Other Non Operating Income (Expenses)	-0.82	-0.22	-0.24	0.38	-0.08
EBT Excluding Unusual Items	242.78	247.56	88.82	114.68	94.59
Gain (Loss) on Sale of Investments	-	-	-	0.57	-
Gain (Loss) on Sale of Assets	-0.51	-0.39	0.01	-0.02	24.45
Asset Writedown	-9.17	-0.23	-0.42	-0.1	-0.84
Other Unusual Items	0.86	0.88	1.02	4.28	4.12
Pretax Income	233.96	247.83	89.43	119.41	122.31
Income Tax Expense	33.25	33.88	9.16	14.62	17.12
Net Income	200.71	213.95	80.27	104.79	105.19
Net Income to Common	200.71	213.95	80.27	104.79	105.19
Net Income Growth	150.02%	166.52%	-23.39%	-0.38%	-
Shares Outstanding (Basic)	193	155	151	150	-
Shares Outstanding (Diluted)	193	155	151	150	-
Shares Change (YoY)	27.14%	2.36%	1.24%	-	-
EPS (Basic)	1.04	1.38	0.53	0.70	-
EPS (Diluted)	1.04	1.38	0.53	0.70	-
EPS Growth	96.65%	160.38%	-24.33%	-	-
Free Cash Flow	-58.37	-28.13	44.6	-36.81	-40.06
Free Cash Flow Per Share	-0.30	-0.18	0.29	-0.25	-
Dividend Per Share	0.200	0.200	-	-	-
Gross Margin	29.70%	33.00%	29.65%	37.29%	37.13%
Operating Margin	19.43%	21.71%	15.20%	23.27%	23.61%
Profit Margin	16.25%	18.84%	14.39%	22.31%	24.83%
Free Cash Flow Margin	-4.72%	-2.48%	8.00%	-7.84%	-9.46%
EBITDA	278.99	280.56	112.18	126.73	113.42
EBITDA Margin	22.58%	24.70%	20.11%	26.98%	26.77%
D&A For EBITDA	38.89	33.96	27.39	17.43	13.4
EBIT	240.1	246.59	84.78	109.31	100.01
EBIT Margin	19.43%	21.71%	15.20%	23.27%	23.61%
Effective Tax Rate	14.21%	13.67%	10.24%	12.24%	14.00%
Revenue as Reported	1,235	1,136	557.72	469.72	423.65
Advertising Expenses	-	-	-	0.13	0.28

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