SHA:688663 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	1,818	1,904	1,668	1,293	936.96	837.76
Other Revenue	13.41	13.41	32.58	10.27	5.85	6.18
Revenue	1,831	1,918	1,701	1,303	942.81	843.94
Revenue Growth (YoY)	-8.73%	12.75%	30.50%	38.23%	11.71%	33.70%
Cost of Revenue	1,426	1,474	1,243	963.76	677.41	581.73
Gross Profit	405.76	443.15	457.83	339.5	265.4	262.21
Selling, General & Admin	203.18	192.19	220.64	159.1	127.25	115.9
Research & Development	78.34	86.4	78.08	59.49	39.32	32.23
Other Operating Expenses	-17.1	-30.75	-21.89	-13.33	-10.79	-11.51
Operating Expenses	262.39	247.45	284.44	217.72	159.89	141.47
Operating Income	143.37	195.7	173.39	121.78	105.51	120.74
Interest Expense	-	-0.15	-0.07	-0.18	-0.03	-0.89
Interest & Investment Income	11.19	11.79	9.03	12.13	6.18	0.78
Currency Exchange Gain (Loss)	0.05	0.05	-	-	-	-
Other Non Operating Income (Expenses)	-1.76	-1.59	-0.84	-1.43	-0.45	-0.76
EBT Excluding Unusual Items	152.84	205.8	181.52	132.3	111.22	119.87
Gain (Loss) on Sale of Investments	-	-	-	1.05	1.4	-
Gain (Loss) on Sale of Assets	-	-	-0.02	-	-0	-0.08
Other Unusual Items	-9.63	-9.63	3.21	8.89	18.85	2.68
Pretax Income	143.21	196.16	184.71	142.24	131.46	122.48
Income Tax Expense	11.26	20.88	18.51	14.17	15.38	15.76
Earnings From Continuing Operations	131.95	175.29	166.2	128.07	116.08	106.72
Minority Interest in Earnings	0.48	-0.94	-0.58	0.62	-	-
Net Income	132.43	174.34	165.62	128.69	116.08	106.72
Net Income to Common	132.43	174.34	165.62	128.69	116.08	106.72
Net Income Growth	-22.84%	5.27%	28.70%	10.86%	8.77%	2.09%
Shares Outstanding (Basic)	138	139	140	140	129	105
Shares Outstanding (Diluted)	138	139	140	141	129	105
Shares Change (YoY)	-1.94%	-0.63%	-0.75%	9.64%	23.28%	0.08%
EPS (Basic)	0.96	1.25	1.18	0.92	0.90	1.02
EPS (Diluted)	0.96	1.25	1.18	0.91	0.90	1.02
EPS Growth	-21.31%	5.93%	29.67%	1.11%	-11.77%	2.00%
Free Cash Flow	275.41	227.01	130.77	35.83	18.84	102.14
Free Cash Flow Per Share	2.00	1.63	0.93	0.25	0.15	0.98
Dividend Per Share	0.600	0.600	0.500	0.400	0.400	0.300
Dividend Growth	20.00%	20.00%	25.00%	-	33.33%	-
Gross Margin	22.16%	23.11%	26.92%	26.05%	28.15%	31.07%
Operating Margin	7.83%	10.21%	10.20%	9.34%	11.19%	14.31%
Profit Margin	7.23%	9.09%	9.74%	9.87%	12.31%	12.65%
Free Cash Flow Margin	15.04%	11.84%	7.69%	2.75%	2.00%	12.10%
EBITDA	159.53	210.66	186.76	133.33	115.02	129.39
EBITDA Margin	8.71%	10.99%	10.98%	10.23%	12.20%	15.33%
D&A For EBITDA	16.15	14.96	13.37	11.55	9.51	8.64
EBIT	143.37	195.7	173.39	121.78	105.51	120.74
EBIT Margin	7.83%	10.21%	10.20%	9.34%	11.19%	14.31%
Effective Tax Rate	7.86%	10.64%	10.02%	9.96%	11.70%	12.87%
Revenue as Reported	1,831	1,918	1,701	1,303	942.81	843.94
Advertising Expenses	-	5.2	4.73	1.3	5.41	2.23

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