HKG:0187 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,493	1,608	1,383	1,325	1,136
Other Revenue	35.12	41.31	22.78	47.72	46.97
Revenue	1,528	1,649	1,405	1,372	1,183
Revenue Growth (YoY)	-7.33%	17.32%	2.42%	16.03%	8.67%
Cost of Revenue	1,323	1,359	1,224	1,206	1,075
Gross Profit	204.59	289.53	181.37	165.8	107.34
Selling, General & Admin	166.03	171.53	164.04	133.29	128.73
Research & Development	87.03	69.02	66.45	47.65	26.54
Other Operating Expenses	9.01	2.82	1.76	2.54	5.53
Operating Expenses	270.28	255.2	237.34	179.08	160.54
Operating Income	-65.69	34.33	-55.96	-13.28	-53.2
Interest Expense	-23.03	-18.12	-18.18	-12.93	-8.93
Interest & Investment Income	4	22.29	16.62	26.35	20.33
Currency Exchange Gain (Loss)	3.58	1.72	0.59	3.15	-4.63
Other Non Operating Income (Expenses)	-0.72	-0.55	-0.58	-1.19	-0.51
EBT Excluding Unusual Items	-81.87	39.68	-57.51	2.1	-46.93
Gain (Loss) on Sale of Investments	-37.31	-	-	-	0.03
Gain (Loss) on Sale of Assets	8.37	-0.33	-0.1	0.02	-0.02
Asset Writedown	-	-3.97	-1.2	-	-
Other Unusual Items	16.2	4.35	5.44	19.66	9.85
Pretax Income	-94.6	39.74	-53.37	21.78	-37.08
Income Tax Expense	23.51	17.19	22.88	8	4.16
Earnings From Continuing Operations	-118.12	22.55	-76.25	13.78	-41.24
Minority Interest in Earnings	64.49	-15.07	24.58	4.54	17.95
Net Income	-53.63	7.48	-51.68	18.32	-23.28
Net Income to Common	-53.63	7.48	-51.68	18.32	-23.28
Shares Outstanding (Basic)	536	748	517	458	466
Shares Outstanding (Diluted)	536	748	517	458	466
Shares Change (YoY)	-28.27%	44.69%	12.86%	-1.67%	1.21%
EPS (Basic)	-0.10	0.01	-0.10	0.04	-0.05
EPS (Diluted)	-0.10	0.01	-0.10	0.04	-0.05
Free Cash Flow	-70.33	-149.3	-84.29	-89.86	-74.52
Free Cash Flow Per Share	-0.13	-0.20	-0.16	-0.20	-0.16
Gross Margin	13.39%	17.56%	12.90%	12.08%	9.08%
Operating Margin	-4.30%	2.08%	-3.98%	-0.97%	-4.50%
Profit Margin	-3.51%	0.45%	-3.68%	1.33%	-1.97%
Free Cash Flow Margin	-4.60%	-9.05%	-6.00%	-6.55%	-6.30%
EBITDA	11.32	99.02	8.45	49.45	-0.66
EBITDA Margin	0.74%	6.00%	0.60%	3.60%	-0.06%
D&A For EBITDA	77.02	64.68	64.41	62.73	52.54
EBIT	-65.69	34.33	-55.96	-13.28	-53.2
EBIT Margin	-4.30%	2.08%	-3.98%	-0.97%	-4.50%
Effective Tax Rate	-	43.27%	-	36.74%	-
Revenue as Reported	1,528	1,649	1,405	1,372	1,183
Advertising Expenses	-	-	-	-	0.13

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