HKG:0285 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	179,477	177,306	129,957	107,186	89,057
Revenue Growth (YoY)	1.23%	36.43%	21.24%	20.36%	21.79%
Cost of Revenue	168,721	165,004	119,523	100,836	83,028
Gross Profit	10,757	12,301	10,434	6,350	6,029
Selling, General & Admin	3,528	3,485	2,007	1,770	1,316
Research & Development	4,465	4,889	4,722	3,969	3,308
Other Operating Expenses	-55.81	-	-	-	-
Operating Expenses	7,937	8,418	6,754	5,743	4,616
Operating Income	2,820	3,883	3,680	607.57	1,413
Interest Expense	-370.31	-520.85	-188.61	-58.53	-43.33
Interest & Investment Income	-	308	240.54	51.51	79.6
Currency Exchange Gain (Loss)	-	330.99	506.5	673.87	-
Other Non Operating Income (Expenses)	1,514	738.8	442.96	684.58	1,029
EBT Excluding Unusual Items	3,963	4,740	4,681	1,959	2,478
Gain (Loss) on Sale of Investments	-42	-	-	-20.42	-13.08
Pretax Income	3,921	4,740	4,681	1,939	2,465
Income Tax Expense	406.77	474.78	639.77	80.95	155.41
Net Income	3,515	4,266	4,041	1,858	2,310
Net Income to Common	3,515	4,266	4,041	1,858	2,310
Net Income Growth	-17.61%	5.55%	117.56%	-19.58%	-57.55%
Shares Outstanding (Basic)	2,253	2,253	2,253	2,253	2,253
Shares Outstanding (Diluted)	2,253	2,253	2,253	2,253	2,253
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	1.56	1.89	1.79	0.82	1.03
EPS (Diluted)	1.56	1.89	1.79	0.82	1.03
EPS Growth	-17.60%	5.55%	117.56%	-19.58%	-57.55%
Free Cash Flow	-	3,865	6,392	1,787	2,406
Free Cash Flow Per Share	-	1.72	2.84	0.79	1.07
Dividend Per Share	-	0.568	0.538	0.165	0.103
Dividend Growth	-	5.58%	226.06%	60.19%	-57.26%
Gross Margin	5.99%	6.94%	8.03%	5.92%	6.77%
Operating Margin	1.57%	2.19%	2.83%	0.57%	1.59%
Profit Margin	1.96%	2.41%	3.11%	1.73%	2.59%
Free Cash Flow Margin	-	2.18%	4.92%	1.67%	2.70%
EBITDA	8,617	9,680	6,468	3,170	3,668
EBITDA Margin	4.80%	5.46%	4.98%	2.96%	4.12%
D&A For EBITDA	5,797	5,797	2,788	2,563	2,255
EBIT	2,820	3,883	3,680	607.57	1,413
EBIT Margin	1.57%	2.19%	2.83%	0.57%	1.59%
Effective Tax Rate	10.37%	10.02%	13.67%	4.18%	6.30%

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