SHA:688695 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
Revenue	186.55	194.25	179.93	137.42	120.18	81.87
Revenue Growth (YoY)	-7.96%	7.96%	30.94%	14.35%	46.79%	18.62%
Cost of Revenue	40.08	31.65	15.25	22.79	13.91	4.7
Gross Profit	146.47	162.6	164.68	114.63	106.26	77.17
Selling, General & Admin	68.48	65.89	54.09	46.51	41.56	34.2
Research & Development	65.54	53.73	39.32	28.03	20.96	19.06
Other Operating Expenses	-8.08	-9.17	-6.39	-6.13	-4.48	-3.3
Operating Expenses	145.3	126.19	96.44	72.77	59.78	50.62
Operating Income	1.17	36.41	68.24	41.86	46.49	26.54
Interest Expense	-0.57	-0.69	-0.79	-0.98	-1.06	-
Interest & Investment Income	2.89	2.13	0.5	0.84	0.54	0.97
Other Non Operating Income (Expenses)	0.05	0.04	-0.24	-0.05	-0.03	-0
EBT Excluding Unusual Items	3.54	37.89	67.71	41.67	45.94	27.51
Gain (Loss) on Sale of Investments	1.72	0.75	-	-	-	-
Gain (Loss) on Sale of Assets	0.08	-0.02	-	-	-	-
Asset Writedown	0.1	-	-	-	-	-0.06
Other Unusual Items	2.36	2.36	3.85	5.55	6.58	18.73
Pretax Income	7.8	40.98	71.56	47.22	52.51	46.17
Income Tax Expense	-1.69	2.26	4.89	3.37	4.09	3.41
Net Income	9.49	38.72	66.66	43.84	48.42	42.77
Net Income to Common	9.49	38.72	66.66	43.84	48.42	42.77
Net Income Growth	-85.66%	-41.92%	52.04%	-9.45%	13.21%	58.42%
Shares Outstanding (Basic)	82	79	63	64	56	56
Shares Outstanding (Diluted)	82	79	63	64	56	56
Shares Change (YoY)	7.52%	24.45%	-0.08%	12.86%	0.05%	0.06%
EPS (Basic)	0.12	0.49	1.05	0.69	0.86	0.76
EPS (Diluted)	0.12	0.49	1.05	0.69	0.86	0.76
EPS Growth	-86.66%	-53.33%	52.17%	-19.77%	13.16%	58.33%
Free Cash Flow	-67.23	-78.12	3.02	-16.41	21.9	23.12
Free Cash Flow Per Share	-0.82	-0.99	0.05	-0.26	0.39	0.41
Dividend Per Share	0.140	0.140	0.240	-	-	-
Dividend Growth	-41.67%	-41.67%	-	-	-	-
Gross Margin	78.51%	83.70%	91.53%	83.42%	88.42%	94.26%
Operating Margin	0.63%	18.75%	37.92%	30.46%	38.68%	32.42%
Profit Margin	5.09%	19.93%	37.05%	31.91%	40.29%	52.24%
Free Cash Flow Margin	-36.04%	-40.21%	1.68%	-11.94%	18.22%	28.24%
EBITDA	3.87	40.25	73.6	44.73	48.3	28.96
EBITDA Margin	2.08%	20.72%	40.90%	32.55%	40.19%	35.38%
D&A For EBITDA	2.7	3.84	5.36	2.87	1.81	2.42
EBIT	1.17	36.41	68.24	41.86	46.49	26.54
EBIT Margin	0.63%	18.75%	37.92%	30.46%	38.68%	32.42%
Effective Tax Rate	-	5.52%	6.84%	7.14%	7.79%	7.38%
Revenue as Reported	186.55	194.25	179.93	137.42	120.18	81.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.