HKG:0268 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	7,006	6,256	5,679	4,866	4,174
Revenue Growth (YoY)	12.00%	10.15%	16.71%	16.57%	24.36%
Cost of Revenue	2,302	2,185	2,035	1,868	1,541
Gross Profit	4,704	4,071	3,644	2,998	2,634
Selling, General & Admin	3,373	3,042	2,810	2,530	2,207
Research & Development	1,494	1,514	1,440	1,295	1,185
Other Operating Expenses	-221.69	-255.78	-261.36	-209.59	-267.47
Operating Expenses	4,646	4,300	3,988	3,616	3,124
Operating Income	58.66	-229.52	-343.93	-618.7	-490.58
Interest Expense	-3.99	-16.63	-21.95	-7.66	-5.09
Interest & Investment Income	67.67	110.42	112.27	107.94	86.59
Earnings From Equity Investments	17.55	11.75	28.51	12.85	8.32
Currency Exchange Gain (Loss)	-3	-4.06	5.15	4.13	-24.76
EBT Excluding Unusual Items	136.89	-128.04	-219.96	-501.44	-425.53
Impairment of Goodwill	-21.81	-	-20.11	-	-
Gain (Loss) on Sale of Investments	4.6	-45.65	-32.32	43.15	46.1
Gain (Loss) on Sale of Assets	-1	-0.87	0.11	-0.34	-6.77
Asset Writedown	-79.55	-55.17	-28.86	-15.59	4.06
Pretax Income	39.14	-229.73	-301.13	-474.22	-382.15
Income Tax Expense	-34.65	-45.39	-31.32	-21.81	-43.79
Earnings From Continuing Operations	73.78	-184.34	-269.81	-452.4	-338.36
Net Income to Company	73.78	-184.34	-269.81	-452.4	-338.36
Minority Interest in Earnings	19.13	42.27	59.92	63.25	36.03
Net Income	92.91	-142.07	-209.89	-389.16	-302.33
Net Income to Common	92.91	-142.07	-209.89	-389.16	-302.33
Shares Outstanding (Basic)	3,515	3,545	3,456	3,440	3,276
Shares Outstanding (Diluted)	3,518	3,545	3,456	3,440	3,276
Shares Change (YoY)	-0.77%	2.60%	0.46%	4.98%	-1.18%
EPS (Basic)	0.03	-0.04	-0.06	-0.11	-0.09
EPS (Diluted)	0.03	-0.04	-0.06	-0.11	-0.09
Free Cash Flow	960.57	742.34	236.2	-24.98	337.71
Free Cash Flow Per Share	0.27	0.21	0.07	-0.01	0.10
Gross Margin	67.14%	65.07%	64.17%	61.61%	63.09%
Operating Margin	0.84%	-3.67%	-6.06%	-12.72%	-11.75%
Profit Margin	1.33%	-2.27%	-3.70%	-8.00%	-7.24%
Free Cash Flow Margin	13.71%	11.87%	4.16%	-0.51%	8.09%
EBITDA	165.9	-146.95	-285.3	-556.97	-438.68
EBITDA Margin	2.37%	-2.35%	-5.02%	-11.45%	-10.51%
D&A For EBITDA	107.24	82.57	58.63	61.73	51.9
EBIT	58.66	-229.52	-343.93	-618.7	-490.58
EBIT Margin	0.84%	-3.67%	-6.06%	-12.72%	-11.75%
Advertising Expenses	1,084	880.57	742.12	532.61	411.52

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.