HKG:0220 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
Revenue	31,714	30,332	28,591	28,257	25,231
Revenue Growth (YoY)	4.56%	6.09%	1.18%	12.00%	10.85%
Cost of Revenue	21,185	20,462	19,880	20,070	17,012
Gross Profit	10,529	9,870	8,712	8,188	8,219
Selling, General & Admin	8,172	7,846	7,344	6,928	6,592
Other Operating Expenses	-207.6	-171.39	-223.05	-178.47	-198.56
Operating Expenses	7,964	7,675	7,121	6,749	6,393
Operating Income	2,565	2,195	1,591	1,439	1,826
Interest Expense	-21.4	-33.46	-53.75	-60.68	-31.55
Interest & Investment Income	257.3	252.69	252.67	269.4	232.75
Earnings From Equity Investments	-47.87	59.38	49.91	26.14	34.97
Currency Exchange Gain (Loss)	-2.14	-38.75	-5.37	0.15	-0.17
EBT Excluding Unusual Items	2,751	2,435	1,834	1,674	2,062
Gain (Loss) on Sale of Investments	-	56.48	53.92	52.84	56.93
Gain (Loss) on Sale of Assets	-	-7.72	351.56	4.21	23.05
Pretax Income	2,751	2,484	2,240	1,731	2,142
Income Tax Expense	700.71	634.66	572.86	508.67	641.13
Net Income	2,050	1,849	1,667	1,222	1,501
Net Income to Common	2,050	1,849	1,667	1,222	1,501
Net Income Growth	10.88%	10.92%	36.40%	-18.56%	-7.69%
Shares Outstanding (Basic)	4,319	4,319	4,319	4,319	4,319
Shares Outstanding (Diluted)	4,319	4,319	4,319	4,319	4,319
EPS (Basic)	0.47	0.43	0.39	0.28	0.35
EPS (Diluted)	0.47	0.43	0.39	0.28	0.35
EPS Growth	10.88%	10.92%	36.40%	-18.56%	-7.69%
Free Cash Flow	-	3,679	2,101	990.85	2,043
Free Cash Flow Per Share	-	0.85	0.49	0.23	0.47
Dividend Per Share	0.475	0.428	0.424	0.340	0.417
Dividend Growth	10.88%	0.85%	25.04%	-18.57%	10.76%
Gross Margin	33.20%	32.54%	30.47%	28.98%	32.57%
Operating Margin	8.09%	7.24%	5.56%	5.09%	7.24%
Profit Margin	6.46%	6.10%	5.83%	4.32%	5.95%
Free Cash Flow Margin	-	12.13%	7.35%	3.51%	8.10%
EBITDA	3,578	3,209	2,631	2,482	2,955
EBITDA Margin	11.28%	10.58%	9.20%	8.78%	11.71%
D&A For EBITDA	1,013	1,013	1,040	1,043	1,129
EBIT	2,565	2,195	1,591	1,439	1,826
EBIT Margin	8.09%	7.24%	5.56%	5.09%	7.24%
Effective Tax Rate	25.47%	25.55%	25.57%	29.39%	29.93%
Advertising Expenses	1,510	1,499	1,320	1,182	1,313

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