SHA:688776 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	333.51	534.12	734.13	904.34	585.15	442.6
Other Revenue	2.55	2.55	11.32	7.04	5.21	3.25
Revenue	336.06	536.68	745.45	911.38	590.35	445.85
Revenue Growth (YoY)	-45.98%	-28.01%	-18.21%	54.38%	32.41%	25.61%
Cost of Revenue	273.73	373.56	535.82	598.72	302.92	242.38
Gross Profit	62.34	163.11	209.62	312.66	287.44	203.48
Selling, General & Admin	74.11	73.26	74.45	71.75	70.58	61.13
Research & Development	24.26	36.62	39.09	44.65	25.47	23.43
Other Operating Expenses	5.2	0.74	4.47	4.67	2.21	2.01
Operating Expenses	118.34	124.84	141.52	139.46	111.22	94.46
Operating Income	-56	38.27	68.1	173.2	176.22	109.02
Interest Expense	-0.07	-0.07	-0.42	-1.21	-1.49	-0.93
Interest & Investment Income	18.57	16.53	17.63	18.8	3.27	5.72
Currency Exchange Gain (Loss)	0.07	0.07	0.03	0.04	0.02	-0.3
Other Non Operating Income (Expenses)	-0.09	-0.37	-0.15	-0.14	-0.56	1.35
EBT Excluding Unusual Items	-37.53	54.42	85.2	190.69	177.46	114.86
Gain (Loss) on Sale of Assets	-0.38	-0.38	-0.28	-0.46	-0.85	-
Asset Writedown	2.06	0.04	0.02	-0.14	-	-
Other Unusual Items	-3.83	-2.64	16.21	-3.79	14.72	-4.27
Pretax Income	-39.67	51.44	101.15	186.3	191.32	110.59
Income Tax Expense	-3.43	4.39	10.79	20.24	26.37	15.18
Earnings From Continuing Operations	-36.24	47.05	90.35	166.05	164.96	95.41
Net Income	-36.24	47.05	90.35	166.05	164.96	95.41
Net Income to Common	-36.24	47.05	90.35	166.05	164.96	95.41
Net Income Growth	-	-47.93%	-45.59%	0.66%	72.90%	126.77%
Shares Outstanding (Basic)	109	109	109	109	90	81
Shares Outstanding (Diluted)	109	109	109	109	90	81
Shares Change (YoY)	0.94%	0.51%	0.30%	20.31%	10.76%	0.20%
EPS (Basic)	-0.33	0.43	0.83	1.53	1.83	1.17
EPS (Diluted)	-0.33	0.43	0.83	1.53	1.83	1.17
EPS Growth	-	-48.19%	-45.75%	-16.33%	56.10%	127.77%
Free Cash Flow	-49.22	39.48	21.69	-54.16	39.75	32.24
Free Cash Flow Per Share	-0.45	0.36	0.20	-0.50	0.44	0.40
Dividend Per Share	-	-	0.200	-	0.461	-
Gross Margin	18.55%	30.39%	28.12%	34.31%	48.69%	45.64%
Operating Margin	-16.66%	7.13%	9.14%	19.00%	29.85%	24.45%
Profit Margin	-10.78%	8.77%	12.12%	18.22%	27.94%	21.40%
Free Cash Flow Margin	-14.64%	7.36%	2.91%	-5.94%	6.73%	7.23%
EBITDA	-38.1	55.66	84.79	184.96	193.85	125.52
EBITDA Margin	-11.34%	10.37%	11.38%	20.29%	32.84%	28.15%
D&A For EBITDA	17.9	17.38	16.69	11.76	17.64	16.51
EBIT	-56	38.27	68.1	173.2	176.22	109.02
EBIT Margin	-16.66%	7.13%	9.14%	19.00%	29.85%	24.45%
Effective Tax Rate	-	8.54%	10.67%	10.87%	13.78%	13.73%
Revenue as Reported	336.06	536.68	745.45	911.38	590.35	445.85

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