HKG:0496 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	1,111	1,026	956.76	863.43	1,514
Revenue Growth (YoY)	8.29%	7.21%	10.81%	-42.95%	20.10%
Cost of Revenue	699.41	624.92	607.1	612.88	953.97
Gross Profit	411.26	400.77	349.66	250.55	559.57
Selling, General & Admin	291.07	235.7	246.93	270.61	297.06
Operating Expenses	300.87	243.21	243.89	266.92	353.74
Operating Income	110.39	157.56	105.77	-16.37	205.82
Interest Expense	-36.98	-54.27	-42.66	-63.14	-53.8
Interest & Investment Income	1.59	2.19	2.46	9.04	1.22
Earnings From Equity Investments	0.16	1.68	5.59	-1.28	-
Currency Exchange Gain (Loss)	-15.13	5.39	6.17	24.25	-16.15
Other Non Operating Income (Expenses)	6.29	17.7	31.63	-1.83	8.9
EBT Excluding Unusual Items	66.32	130.25	108.97	-49.33	145.99
Gain (Loss) on Sale of Investments	-16.14	-1.27	-0.63	9.18	5.92
Gain (Loss) on Sale of Assets	42.89	-1.5	2.12	115.54	136.33
Other Unusual Items	1.83	-2.04	0.22	1.86	51.56
Pretax Income	94.9	125.44	110.68	77.25	339.8
Income Tax Expense	23.36	55.76	44.77	17.5	126.63
Earnings From Continuing Operations	71.53	69.68	65.91	59.75	213.17
Net Income to Company	71.53	69.68	65.91	59.75	213.17
Minority Interest in Earnings	-36.77	-6.15	4.52	8.53	6.87
Net Income	34.77	63.54	70.43	68.28	220.04
Net Income to Common	34.77	63.54	70.43	68.28	220.04
Net Income Growth	-45.28%	-9.79%	3.14%	-68.97%	91.38%
Shares Outstanding (Basic)	1,673	1,443	1,443	1,488	1,494
Shares Outstanding (Diluted)	1,837	1,837	1,443	1,488	1,494
Shares Change (YoY)	-	27.26%	-3.01%	-0.38%	-
EPS (Basic)	0.02	0.04	0.05	0.05	0.15
EPS (Diluted)	0.02	0.03	0.05	0.05	0.15
EPS Growth	-48.82%	-30.43%	6.35%	-68.85%	91.38%
Free Cash Flow	-311.99	-134.3	224.35	37.46	-31.68
Free Cash Flow Per Share	-0.17	-0.07	0.15	0.03	-0.02
Gross Margin	37.03%	39.07%	36.55%	29.02%	36.97%
Operating Margin	9.94%	15.36%	11.05%	-1.90%	13.60%
Profit Margin	3.13%	6.19%	7.36%	7.91%	14.54%
Free Cash Flow Margin	-28.09%	-13.09%	23.45%	4.34%	-2.09%
EBITDA	159.26	207.64	161.85	44.05	284.83
EBITDA Margin	14.34%	20.24%	16.92%	5.10%	18.82%
D&A For EBITDA	48.87	50.08	56.08	60.43	79.01
EBIT	110.39	157.56	105.77	-16.37	205.82
EBIT Margin	9.94%	15.36%	11.05%	-1.90%	13.60%
Effective Tax Rate	24.62%	44.45%	40.45%	22.65%	37.27%

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