SHA:688755 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	713.17	690.88	619.01	481.79	320.51	302.28
Revenue Growth (YoY)	11.11%	11.61%	28.48%	50.32%	6.03%	-
Cost of Revenue	469.86	432.74	398.89	311.9	221.98	204.4
Gross Profit	243.31	258.15	220.12	169.89	98.53	97.88
Selling, General & Admin	134.61	128.24	124.91	99.12	71.76	62.04
Research & Development	41.8	41.85	37.18	28.99	22.04	28.27
Other Operating Expenses	-6.58	3.5	3.42	2.09	0.71	1.13
Operating Expenses	179.87	181.4	166.57	134.55	97.57	94.34
Operating Income	63.44	76.75	53.55	35.34	0.96	3.54
Interest Expense	-0.66	-3.21	-4.37	-2.89	-1.16	-1.17
Interest & Investment Income	11.98	12.09	9.44	6.13	1.58	0.38
Currency Exchange Gain (Loss)	0.74	0.74	0.1	0.15	0.11	0.1
Other Non Operating Income (Expenses)	0.39	-0.17	-0.14	-0.15	-0.17	-0.09
EBT Excluding Unusual Items	75.89	86.2	58.58	38.59	1.31	2.75
Gain (Loss) on Sale of Investments	-	-	-0.25	0.08	0.2	0.14
Gain (Loss) on Sale of Assets	-	-0	0.01	0	-0.01	-
Asset Writedown	1.62	0.12	-0	0	-0.08	-0
Legal Settlements	3.4	3.4	-3.4	-	-	-
Other Unusual Items	2.87	2.89	6.28	6.27	2.63	4.13
Pretax Income	83.77	92.6	61.22	44.94	4.05	7.02
Income Tax Expense	12.16	13.26	9.72	6.38	-0.81	-2.86
Net Income	71.61	79.34	51.5	38.56	4.86	9.89
Net Income to Common	71.61	79.34	51.5	38.56	4.86	9.89
Net Income Growth	27.95%	54.06%	33.55%	693.13%	-50.82%	-
Shares Outstanding (Basic)	73	66	66	62	-	-
Shares Outstanding (Diluted)	73	66	66	62	-	-
Shares Change (YoY)	11.49%	0.14%	6.16%	-	-	-
EPS (Basic)	0.98	1.20	0.78	0.62	-	-
EPS (Diluted)	0.98	1.20	0.78	0.62	-	-
EPS Growth	14.76%	53.85%	25.81%	-	-	-
Free Cash Flow	25.74	90.07	63.08	-25.5	-54.58	-24.14
Free Cash Flow Per Share	0.35	1.36	0.96	-0.41	-	-
Gross Margin	34.12%	37.36%	35.56%	35.26%	30.74%	32.38%
Operating Margin	8.89%	11.11%	8.65%	7.33%	0.30%	1.17%
Profit Margin	10.04%	11.48%	8.32%	8.00%	1.52%	3.27%
Free Cash Flow Margin	3.61%	13.04%	10.19%	-5.29%	-17.03%	-7.99%
EBITDA	72.06	84.62	60.42	40.25	4.71	7.19
EBITDA Margin	10.10%	12.25%	9.76%	8.36%	1.47%	2.38%
D&A For EBITDA	8.61	7.87	6.87	4.91	3.75	3.66
EBIT	63.44	76.75	53.55	35.34	0.96	3.54
EBIT Margin	8.89%	11.11%	8.65%	7.33%	0.30%	1.17%
Effective Tax Rate	14.51%	14.32%	15.88%	14.20%	-	-
Advertising Expenses	-	0.69	1.05	0.9	1.17	1.3

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