SHA:688692 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	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
Operating Revenue	1,135	1,043	792.13	685.72	741.54
Other Revenue	1.67	1.67	2.16	2.32	1.46
Revenue	1,137	1,044	794.29	688.04	743
Revenue Growth (YoY)	39.22%	31.49%	15.44%	-7.40%	-
Cost of Revenue	111.23	108.29	34.09	40.49	70.14
Gross Profit	1,025	936.14	760.2	647.55	672.86
Selling, General & Admin	455.56	430.2	363.33	292.07	238.81
Research & Development	217.92	206.68	165.13	139.74	117.87
Other Operating Expenses	-55.15	-57.01	-43.13	-57.41	-171.98
Operating Expenses	638.74	593.47	491.9	381.3	197.17
Operating Income	386.7	342.67	268.3	266.25	475.69
Interest Expense	-	-	-	-0.6	-1.03
Interest & Investment Income	24.28	20.65	19.63	17.34	9.98
Other Non Operating Income (Expenses)	-1.15	-1.17	-0.97	-2.31	0.79
EBT Excluding Unusual Items	409.83	362.14	286.96	280.68	485.43
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.02	0	0
Asset Writedown	-0.3	-0.3	-0.62	-0.03	-0.06
Legal Settlements	-0.01	-0.01	-	-	-
Other Unusual Items	23.69	23.63	24.39	0.5	0.36
Pretax Income	433.18	385.44	310.7	281.15	485.73
Income Tax Expense	31.13	25.7	17.78	15.86	47.28
Earnings From Continuing Operations	402.06	359.74	292.92	265.3	438.44
Minority Interest in Earnings	2.32	2.13	3.16	3.7	5.07
Net Income	404.38	361.87	296.08	269	443.51
Net Income to Common	404.38	361.87	296.08	269	443.51
Net Income Growth	28.35%	22.22%	10.07%	-39.35%	-
Shares Outstanding (Basic)	106	99	85	85	85
Shares Outstanding (Diluted)	106	99	85	85	85
Shares Change (YoY)	25.10%	16.60%	0.10%	-0.03%	-
EPS (Basic)	3.80	3.65	3.48	3.17	5.22
EPS (Diluted)	3.80	3.65	3.48	3.17	5.22
EPS Growth	2.60%	4.82%	9.96%	-39.33%	-
Free Cash Flow	284.35	341.22	270.63	167.15	276.3
Free Cash Flow Per Share	2.67	3.44	3.18	1.97	3.25
Dividend Per Share	1.074	1.074	-	-	0.805
Gross Margin	90.21%	89.63%	95.71%	94.12%	90.56%
Operating Margin	34.02%	32.81%	33.78%	38.70%	64.02%
Profit Margin	35.58%	34.65%	37.28%	39.10%	59.69%
Free Cash Flow Margin	25.02%	32.67%	34.07%	24.29%	37.19%
EBITDA	399.65	356.11	283.75	286.28	491.51
EBITDA Margin	35.16%	34.10%	35.72%	41.61%	66.15%
D&A For EBITDA	12.94	13.44	15.45	20.03	15.82
EBIT	386.7	342.67	268.3	266.25	475.69
EBIT Margin	34.02%	32.81%	33.78%	38.70%	64.02%
Effective Tax Rate	7.19%	6.67%	5.72%	5.64%	9.74%
Revenue as Reported	1,137	1,044	794.29	688.04	743
Advertising Expenses	-	17.56	9.31	4.04	2.84

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