MeHow Innovative 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,628	1,591	1,332	1,410	1,134	885.91
Other Revenue	3.64	3.64	5.11	5.11	3.68	2.03
Revenue	1,632	1,594	1,338	1,415	1,137	887.94
Revenue Growth (YoY)	12.49%	19.18%	-5.49%	24.43%	28.10%	19.60%
Cost of Revenue	988.5	937.27	794.07	809.14	636.82	444.46
Gross Profit	643.61	656.94	543.52	606.14	500.62	443.49
Selling, General & Admin	182.55	152.89	133.12	110.17	76.72	76.54
Research & Development	141.99	140.58	120.4	87.69	63.91	48.56
Other Operating Expenses	17.06	10.69	5.1	12.19	7.73	-0.42
Operating Expenses	351.06	311.48	271.1	209.55	152.21	126.34
Operating Income	292.55	345.46	272.42	396.59	348.42	317.14
Interest Expense	-0.7	-0.67	-0.97	-5.32	-1.41	-0.39
Interest & Investment Income	54.96	52.73	50.4	11.59	3.82	10.55
Currency Exchange Gain (Loss)	7.19	7.19	18.67	43.71	-6.81	-32.98
Other Non Operating Income (Expenses)	9.73	-0.41	-0.04	0.05	-0.62	-0.51
EBT Excluding Unusual Items	363.72	404.3	340.49	446.62	343.4	293.81
Gain (Loss) on Sale of Investments	0.2	0.84	0.08	0.33	0.19	-
Gain (Loss) on Sale of Assets	0.03	-0.28	-0.09	0.15	0.09	0.13
Asset Writedown	-10.66	-0	-0.05	-0.05	-0.08	-
Legal Settlements	-	-	-	-	-	-0.05
Other Unusual Items	5.52	5.39	10.98	9.62	4.57	-0.01
Pretax Income	358.83	410.25	351.42	456.66	348.16	293.89
Income Tax Expense	44.7	46.48	38.12	54.57	38.06	35.91
Net Income	314.13	363.78	313.3	402.09	310.1	257.97
Net Income to Common	314.13	363.78	313.3	402.09	310.1	257.97
Net Income Growth	15.88%	16.11%	-22.08%	29.66%	20.21%	10.96%
Shares Outstanding (Basic)	558	566	570	521	505	507
Shares Outstanding (Diluted)	558	566	570	521	505	507
Shares Change (YoY)	-2.70%	-0.67%	9.28%	3.26%	-0.50%	12.84%
EPS (Basic)	0.56	0.64	0.55	0.77	0.61	0.51
EPS (Diluted)	0.56	0.64	0.55	0.77	0.61	0.51
EPS Growth	19.10%	16.89%	-28.70%	25.57%	21.14%	-1.40%
Free Cash Flow	-174.73	85.13	91.59	179.89	-120.41	63.17
Free Cash Flow Per Share	-0.31	0.15	0.16	0.34	-0.24	0.13
Dividend Per Share	0.151	0.071	0.114	0.250	-	0.143
Dividend Growth	32.46%	-37.53%	-54.28%	-	-	-
Gross Margin	39.43%	41.21%	40.63%	42.83%	44.01%	49.95%
Operating Margin	17.93%	21.67%	20.37%	28.02%	30.63%	35.72%
Profit Margin	19.25%	22.82%	23.42%	28.41%	27.26%	29.05%
Free Cash Flow Margin	-10.71%	5.34%	6.85%	12.71%	-10.59%	7.11%
EBITDA	389.43	435.54	353.45	457.49	379.38	342.21
EBITDA Margin	23.86%	27.32%	26.42%	32.32%	33.35%	38.54%
D&A For EBITDA	96.87	90.09	81.04	60.9	30.97	25.06
EBIT	292.55	345.46	272.42	396.59	348.42	317.14
EBIT Margin	17.93%	21.67%	20.37%	28.02%	30.63%	35.72%
Effective Tax Rate	12.46%	11.33%	10.85%	11.95%	10.93%	12.22%
Revenue as Reported	1,632	1,594	1,338	1,415	1,137	-
Advertising Expenses	-	3.66	3.73	1.21	2.45	5.35

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