SHA:688685 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	619.21	473.58	289.38	315.64	302.63	273.14
Other Revenue	3.18	3.18	4.29	8.37	18.09	15.49
Revenue	622.39	476.77	293.67	324.01	320.72	288.63
Revenue Growth (YoY)	65.31%	62.35%	-9.37%	1.03%	11.12%	15.84%
Cost of Revenue	317	289.93	214.03	222.44	220.18	187.99
Gross Profit	305.39	186.83	79.63	101.57	100.54	100.65
Selling, General & Admin	99.96	60.74	42.5	38.85	32.59	26.37
Research & Development	40	30.12	25.29	20.51	16.45	16.49
Other Operating Expenses	-3.34	3.68	1.69	2.6	1.39	0.69
Operating Expenses	157.29	115.04	69.33	63.33	48.44	48.52
Operating Income	148.09	71.79	10.31	38.23	52.1	52.12
Interest Expense	-29.28	-17.15	-0.52	-1.28	-2.24	-1.79
Interest & Investment Income	0.64	0.53	2.18	3.75	2.33	0.32
Currency Exchange Gain (Loss)	-1.67	-1.67	-0	-0.32	-1.61	0.13
Other Non Operating Income (Expenses)	-11.55	-10.54	-0.34	-0.14	-0.11	0.02
EBT Excluding Unusual Items	106.22	42.95	11.63	40.25	50.47	50.8
Gain (Loss) on Sale of Investments	-3.22	-3.22	-2.06	-	-	-0.12
Gain (Loss) on Sale of Assets	-0.73	-0.61	0.42	0.07	0.32	-1.32
Asset Writedown	0.39	-	-	-	-	-
Other Unusual Items	30.04	30.04	6.81	8.75	10.22	10.83
Pretax Income	132.7	69.16	16.81	49.06	61.01	60.19
Income Tax Expense	33.04	11.11	0.53	6.19	7.19	6.86
Earnings From Continuing Operations	99.66	58.05	16.28	42.87	53.81	53.33
Minority Interest in Earnings	-34.08	-12.51	-1.03	-0.39	-2.85	-2.13
Net Income	65.58	45.54	15.25	42.47	50.96	51.2
Net Income to Common	65.58	45.54	15.25	42.47	50.96	51.2
Net Income Growth	73.98%	198.73%	-64.11%	-16.66%	-0.46%	21.42%
Shares Outstanding (Basic)	146	147	152	145	130	109
Shares Outstanding (Diluted)	146	147	152	145	130	109
Shares Change (YoY)	-7.03%	-3.64%	4.92%	11.86%	19.05%	10.45%
EPS (Basic)	0.45	0.31	0.10	0.29	0.39	0.47
EPS (Diluted)	0.45	0.31	0.10	0.29	0.39	0.47
EPS Growth	87.14%	210.00%	-65.79%	-25.49%	-16.39%	10.90%
Free Cash Flow	-284.33	-830.07	-149.52	-14.18	80.26	-20.72
Free Cash Flow Per Share	-1.94	-5.65	-0.98	-0.10	0.62	-0.19
Dividend Per Share	0.157	0.157	0.077	0.231	-	-
Dividend Growth	103.90%	103.90%	-66.64%	-	-	-
Gross Margin	49.07%	39.19%	27.12%	31.35%	31.35%	34.87%
Operating Margin	23.79%	15.06%	3.51%	11.80%	16.24%	18.06%
Profit Margin	10.54%	9.55%	5.19%	13.11%	15.89%	17.74%
Free Cash Flow Margin	-45.68%	-174.10%	-50.91%	-4.38%	25.02%	-7.18%
EBITDA	206.49	118.6	41.68	68.45	76.92	67.88
EBITDA Margin	33.18%	24.88%	14.19%	21.13%	23.98%	23.52%
D&A For EBITDA	58.4	46.82	31.38	30.21	24.82	15.76
EBIT	148.09	71.79	10.31	38.23	52.1	52.12
EBIT Margin	23.79%	15.06%	3.51%	11.80%	16.24%	18.06%
Effective Tax Rate	24.90%	16.06%	3.16%	12.62%	11.79%	11.39%
Revenue as Reported	622.39	476.77	293.67	324.01	320.72	288.63

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