HKG:0312 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	191.04	200.3	190.67	191.58	230.12
Other Revenue	31.35	27.67	29.37	29.93	31.19
Revenue	222.4	227.97	220.04	221.51	261.31
Revenue Growth (YoY)	-2.44%	3.60%	-0.66%	-15.23%	-49.94%
Cost of Revenue	8.97	11.57	6.67	5.2	10.37
Gross Profit	213.43	216.39	213.37	216.31	250.95
Selling, General & Admin	30.03	35.24	33.36	51.39	90.68
Other Operating Expenses	83.07	86.84	85.8	242.54	113.71
Operating Expenses	115.34	124.36	122.8	307.54	222.4
Operating Income	98.09	92.03	90.57	-91.23	28.55
Interest Expense	-54.72	-75.89	-68.64	-84.6	-86.66
Interest & Investment Income	5.49	6.78	18.48	10.74	10.01
Currency Exchange Gain (Loss)	-2.56	1.49	5.14	3.24	-2.65
Other Non Operating Income (Expenses)	-3.87	-8.86	-34.41	-86.75	16.34
EBT Excluding Unusual Items	42.42	15.55	11.14	-248.61	-34.42
Gain (Loss) on Sale of Investments	-	-4.35	-	-43.01	-157.13
Gain (Loss) on Sale of Assets	34.8	-2.61	7.12	-1.92	-3.97
Asset Writedown	-171.14	-140.48	-456.5	-221.88	-279.86
Legal Settlements	-0.63	-5.55	-	-	2.5
Other Unusual Items	-11.78	36.18	31.73	-153.85	-2.46
Pretax Income	-106.33	-101.26	-406.5	-669.26	-475.35
Income Tax Expense	-9.92	-67.49	-56.1	-112.77	-33.72
Earnings From Continuing Operations	-96.41	-33.76	-350.41	-556.49	-441.63
Minority Interest in Earnings	-	-	9.43	0.38	3.59
Net Income	-96.41	-33.76	-340.98	-556.12	-438.04
Net Income to Common	-96.41	-33.76	-340.98	-556.12	-438.04
Shares Outstanding (Basic)	2,495	2,495	2,495	2,495	2,495
Shares Outstanding (Diluted)	2,495	2,495	2,495	2,495	2,495
Shares Change (YoY)	-	-	0.01%	0.01%	-
EPS (Basic)	-0.04	-0.01	-0.14	-0.22	-0.18
EPS (Diluted)	-0.04	-0.01	-0.14	-0.22	-0.18
Free Cash Flow	-	77.73	100.53	135.21	74.16
Free Cash Flow Per Share	-	0.03	0.04	0.05	0.03
Gross Margin	95.97%	94.92%	96.97%	97.65%	96.03%
Operating Margin	44.10%	40.37%	41.16%	-41.19%	10.93%
Profit Margin	-43.35%	-14.81%	-154.97%	-251.06%	-167.63%
Free Cash Flow Margin	-	34.10%	45.69%	61.04%	28.38%
EBITDA	99.42	93.37	92.57	-83.19	35.57
EBITDA Margin	44.70%	40.96%	42.07%	-37.56%	13.61%
D&A For EBITDA	1.33	1.33	2	8.03	7.02
EBIT	98.09	92.03	90.57	-91.23	28.55
EBIT Margin	44.10%	40.37%	41.16%	-41.19%	10.93%
Advertising Expenses	0.22	0.44	0.69	1.92	3.16

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