HKG:0301 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	1,062	1,063	1,077	947.85	983.11
Revenue Growth (YoY)	-0.10%	-1.26%	13.60%	-3.59%	17.04%
Cost of Revenue	713.59	748.8	764.85	686.86	721.18
Gross Profit	348.58	314.44	311.94	260.99	261.92
Selling, General & Admin	369.89	318.13	293.68	250.85	241.17
Operating Expenses	381.2	324.22	300.08	250.01	243.92
Operating Income	-32.62	-9.78	11.86	10.98	18
Interest Expense	-4.7	-7.28	-8.84	-7.99	-6.17
Interest & Investment Income	1.09	1.31	1.12	1.27	1.02
Currency Exchange Gain (Loss)	0	0.03	0.25	0.04	0.05
Other Non Operating Income (Expenses)	6.69	8.5	7.13	4.77	2.91
EBT Excluding Unusual Items	-29.54	-7.22	11.53	9.07	15.81
Asset Writedown	-	-8.18	-	-	-
Other Unusual Items	0.09	-	-	-	-
Pretax Income	-29.45	-15.4	11.53	9.07	15.81
Income Tax Expense	1.25	4.57	5.27	4.58	1.79
Earnings From Continuing Operations	-30.69	-19.97	6.26	4.49	14.02
Minority Interest in Earnings	-	0.04	-0.04	-	-
Net Income	-30.69	-19.93	6.21	4.49	14.02
Net Income to Common	-30.69	-19.93	6.21	4.49	14.02
Net Income Growth	-	-	38.34%	-67.95%	-78.71%
Shares Outstanding (Basic)	470	470	470	470	470
Shares Outstanding (Diluted)	470	470	473	470	470
Shares Change (YoY)	0.04%	-0.58%	0.59%	-	0.87%
EPS (Basic)	-0.07	-0.04	0.01	0.01	0.03
EPS (Diluted)	-0.07	-0.04	0.01	0.01	0.03
EPS Growth	-	-	37.13%	-67.95%	-78.89%
Free Cash Flow	-44.07	19.37	4.84	18.71	-3.62
Free Cash Flow Per Share	-0.09	0.04	0.01	0.04	-0.01
Dividend Per Share	-	-	-	-	0.022
Dividend Growth	-	-	-	-	-3.48%
Gross Margin	32.82%	29.57%	28.97%	27.53%	26.64%
Operating Margin	-3.07%	-0.92%	1.10%	1.16%	1.83%
Profit Margin	-2.89%	-1.87%	0.58%	0.47%	1.43%
Free Cash Flow Margin	-4.15%	1.82%	0.45%	1.97%	-0.37%
EBITDA	-8.56	7.03	22.6	20.71	28.77
EBITDA Margin	-0.81%	0.66%	2.10%	2.19%	2.93%
D&A For EBITDA	24.05	16.81	10.74	9.73	10.77
EBIT	-32.62	-9.78	11.86	10.98	18
EBIT Margin	-3.07%	-0.92%	1.10%	1.16%	1.83%
Effective Tax Rate	-	-	45.73%	50.46%	11.34%

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