SHA:688652 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	1,357	1,026	742.28	652.67	501.37	348.8
Other Revenue	-	-	-	11.05	-	-
Revenue	1,357	1,026	742.28	663.72	501.37	348.8
Revenue Growth (YoY)	49.06%	38.29%	11.84%	32.38%	43.74%	51.02%
Cost of Revenue	916.53	704.5	506.61	447.88	314.4	247.94
Gross Profit	440.62	321.97	235.67	215.85	186.97	100.86
Selling, General & Admin	156.15	127.2	102.82	81.2	91.57	68.03
Research & Development	136.98	94.15	61.51	48.41	32.84	23.74
Other Operating Expenses	12.45	-24.11	-20.01	-14.88	-4.57	-3.14
Operating Expenses	315.61	207.67	142.41	123.07	120.64	92.3
Operating Income	125.01	114.29	93.26	92.77	66.33	8.56
Interest Expense	-1.61	-1.34	-4.07	-3.87	-2.32	-3.51
Interest & Investment Income	16.43	24.66	6.1	0.55	0.27	0.26
Currency Exchange Gain (Loss)	-0.59	-0.59	0.53	1.36	-1.26	-0.5
Other Non Operating Income (Expenses)	-0.06	0.39	-0.45	-0.61	-1.74	-1.48
EBT Excluding Unusual Items	139.19	137.42	95.37	90.21	61.28	3.33
Gain (Loss) on Sale of Investments	8.41	7.08	0.07	-	-	-
Gain (Loss) on Sale of Assets	-	-0.04	-	-	-	-
Asset Writedown	-10.32	0.01	-0.01	-0	0.01	-0.02
Other Unusual Items	22.81	23.3	37.82	10.78	4.61	5.28
Pretax Income	160.08	167.77	133.25	100.99	65.9	8.59
Income Tax Expense	8.45	14.86	14.11	9.87	7.1	2.26
Net Income	151.63	152.91	119.14	91.12	58.8	6.33
Net Income to Common	151.63	152.91	119.14	91.12	58.8	6.33
Net Income Growth	14.75%	28.35%	30.75%	54.95%	828.81%	-
Shares Outstanding (Basic)	168	168	129	127	120	-
Shares Outstanding (Diluted)	168	168	129	127	120	-
Shares Change (YoY)	4.14%	29.76%	2.32%	5.45%	-	-
EPS (Basic)	0.90	0.91	0.92	0.72	0.49	-
EPS (Diluted)	0.90	0.91	0.92	0.72	0.49	-
EPS Growth	10.18%	-1.09%	27.78%	46.94%	-	-
Free Cash Flow	-148.41	-120.34	11.75	-5.3	12.06	-108.11
Free Cash Flow Per Share	-0.88	-0.72	0.09	-0.04	0.10	-
Dividend Per Share	0.125	0.125	0.075	-	-	-
Dividend Growth	66.67%	66.67%	-	-	-	-
Gross Margin	32.47%	31.37%	31.75%	32.52%	37.29%	28.92%
Operating Margin	9.21%	11.13%	12.56%	13.98%	13.23%	2.45%
Profit Margin	11.17%	14.90%	16.05%	13.73%	11.73%	1.81%
Free Cash Flow Margin	-10.94%	-11.72%	1.58%	-0.80%	2.40%	-31.00%
EBITDA	130.98	119.47	97.39	96.66	69.51	11.97
EBITDA Margin	9.65%	11.64%	13.12%	14.56%	13.86%	3.43%
D&A For EBITDA	5.97	5.18	4.12	3.88	3.18	3.41
EBIT	125.01	114.29	93.26	92.77	66.33	8.56
EBIT Margin	9.21%	11.13%	12.56%	13.98%	13.23%	2.45%
Effective Tax Rate	5.28%	8.86%	10.59%	9.78%	10.77%	26.28%
Revenue as Reported	1,357	1,026	742.28	663.72	-	-

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