HKG:0357 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	2,007	2,171	2,086	1,141	1,606
Revenue Growth (YoY)	-7.57%	4.09%	82.72%	-28.91%	17.24%
Cost of Revenue	2,086	2,022	2,047	1,123	871.44
Gross Profit	-79.6	149.17	38.45	18.72	734.27
Selling, General & Admin	114.77	112.19	122.56	84.9	119.88
Other Operating Expenses	56.1	53.66	45.72	42.04	16.98
Operating Expenses	164.54	158.72	109.52	138.05	165.73
Operating Income	-244.14	-9.55	-71.08	-119.34	568.54
Interest Expense	-108.24	-135.63	-139.15	-88.9	-27.38
Interest & Investment Income	41.21	24.53	9.13	1.5	6.52
Other Non Operating Income (Expenses)	43.79	-283.15	-1.51	-18.47	189.11
EBT Excluding Unusual Items	-267.38	-403.8	-202.61	-225.21	736.79
Gain (Loss) on Sale of Investments	5.37	2.6	-7.41	-10.9	-18.21
Gain (Loss) on Sale of Assets	0.01	-	1.27	-0.38	-0.71
Pretax Income	-262	-401.2	-208.75	-236.5	717.87
Income Tax Expense	12.56	-34.95	-40.12	-45.79	-37.68
Earnings From Continuing Operations	-274.56	-366.25	-168.63	-190.7	755.55
Minority Interest in Earnings	-4.44	-15.2	32.62	35.4	9.58
Net Income	-279	-381.44	-136.01	-155.3	765.13
Net Income to Common	-279	-381.44	-136.01	-155.3	765.13
Shares Outstanding (Basic)	473	473	473	473	473
Shares Outstanding (Diluted)	473	473	473	473	473
EPS (Basic)	-0.59	-0.81	-0.29	-0.33	1.62
EPS (Diluted)	-0.59	-0.81	-0.29	-0.33	1.62
Free Cash Flow	338.08	304.3	200.14	65.12	511.15
Free Cash Flow Per Share	0.71	0.64	0.42	0.14	1.08
Gross Margin	-3.97%	6.87%	1.84%	1.64%	45.73%
Operating Margin	-12.17%	-0.44%	-3.41%	-10.46%	35.41%
Profit Margin	-13.90%	-17.57%	-6.52%	-13.61%	47.65%
Free Cash Flow Margin	16.85%	14.02%	9.60%	5.71%	31.83%
EBITDA	92.51	332.74	262.35	227.95	739.56
EBITDA Margin	4.61%	15.33%	12.58%	19.97%	46.06%
D&A For EBITDA	336.65	342.29	333.42	347.29	171.02
EBIT	-244.14	-9.55	-71.08	-119.34	568.54
EBIT Margin	-12.17%	-0.44%	-3.41%	-10.46%	35.41%

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