SHA:688786 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	409.88	399.96	341.74	413.92	398.64	254.13
Other Revenue	17.82	17.82	26.74	13.74	4.43	2.28
Revenue	427.7	417.78	368.48	427.66	403.07	256.4
Revenue Growth (YoY)	4.12%	13.38%	-13.84%	6.10%	57.20%	20.30%
Cost of Revenue	273.01	279.42	228.76	282.97	254.9	165
Gross Profit	154.69	138.36	139.72	144.7	148.17	91.41
Selling, General & Admin	39.42	36.84	36.79	31.27	30.34	25.21
Research & Development	24.85	23.42	20.22	21.07	22.3	16.3
Other Operating Expenses	6.32	3.75	1.4	2.56	3.59	1.3
Operating Expenses	71.5	64.43	58.71	53.56	55.78	43.99
Operating Income	83.19	73.93	81.01	91.14	92.39	47.42
Interest Expense	-1.1	-	-	-0.4	-0.96	-0.14
Interest & Investment Income	0.72	1.9	4.96	5.62	1.9	0.54
Currency Exchange Gain (Loss)	1.6	1.6	1.46	3.39	-1.06	-0.85
Other Non Operating Income (Expenses)	-0.72	-0.2	0.03	-0.26	-0.04	-0.31
EBT Excluding Unusual Items	83.69	77.23	87.45	99.49	92.22	46.67
Impairment of Goodwill	-0.46	-0.46	-0.89	-	-	-
Gain (Loss) on Sale of Investments	-1.35	-1.39	0.49	0.67	0.71	0.01
Gain (Loss) on Sale of Assets	-0.55	-0.4	0.06	0.43	-0.53	-0.2
Asset Writedown	0.54	-	-	-	-	-
Other Unusual Items	2.58	2.58	3.17	7.73	12.21	13.18
Pretax Income	84.45	77.57	90.42	108.34	104.69	59.66
Income Tax Expense	11.39	9.75	11.65	8.99	12.69	6.98
Earnings From Continuing Operations	73.05	67.82	78.77	99.35	92	52.68
Minority Interest in Earnings	2.33	2.47	1.11	-0.55	-3.32	-0.86
Net Income	75.39	70.29	79.88	98.8	88.68	51.83
Net Income to Common	75.39	70.29	79.88	98.8	88.68	51.83
Net Income Growth	-2.25%	-12.00%	-19.15%	11.40%	71.11%	-2.15%
Shares Outstanding (Basic)	142	143	143	143	119	108
Shares Outstanding (Diluted)	142	143	143	143	119	108
Shares Change (YoY)	-0.77%	-0.08%	-0.00%	20.03%	10.88%	8.73%
EPS (Basic)	0.53	0.49	0.56	0.69	0.74	0.48
EPS (Diluted)	0.53	0.49	0.56	0.69	0.74	0.48
EPS Growth	-1.49%	-11.93%	-19.15%	-7.19%	54.33%	-10.01%
Free Cash Flow	43.84	-33.2	-78.86	52.97	40.54	-56.91
Free Cash Flow Per Share	0.31	-0.23	-0.55	0.37	0.34	-0.53
Dividend Per Share	0.208	0.208	0.357	0.357	0.357	-
Dividend Growth	-41.67%	-41.67%	-	-	-	-
Gross Margin	36.17%	33.12%	37.92%	33.83%	36.76%	35.65%
Operating Margin	19.45%	17.70%	21.98%	21.31%	22.92%	18.49%
Profit Margin	17.63%	16.83%	21.68%	23.10%	22.00%	20.21%
Free Cash Flow Margin	10.25%	-7.95%	-21.40%	12.39%	10.06%	-22.20%
EBITDA	130.71	109.49	100.61	105.94	108.45	58.15
EBITDA Margin	30.56%	26.21%	27.30%	24.77%	26.91%	22.68%
D&A For EBITDA	47.53	35.56	19.6	14.8	16.06	10.73
EBIT	83.19	73.93	81.01	91.14	92.39	47.42
EBIT Margin	19.45%	17.70%	21.98%	21.31%	22.92%	18.49%
Effective Tax Rate	13.49%	12.57%	12.88%	8.30%	12.12%	11.70%
Revenue as Reported	427.7	417.78	368.48	427.66	403.07	256.4
Advertising Expenses	-	2.54	2.55	0.83	-	-

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