HKG:0499 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
Rental Revenue	10.43	11.31	8.84	25.51	27.41
Other Revenue	19.21	27.81	39.16	24.3	41.67
Total Revenue	29.64	39.12	48	49.81	69.07
Revenue Growth (YoY	-24.23%	-18.51%	-3.63%	-27.89%	3.64%
Property Expenses	12.7	18.79	23.43	18.61	24.76
Other Operating Expenses	33.03	32.34	32.05	31.74	43.9
Total Operating Expenses	45.73	52.13	56.63	50.53	68.66
Operating Income	-16.09	-13.02	-8.63	-0.72	0.41
Interest Expense	-15.62	-22.35	-27.89	-23.68	-23.38
Interest & Investment Income	-	4.2	3.62	20.76	23.9
Income (Loss) on Equity Investments	-3.83	-	-	-	-
Currency Exchange Gain (Loss)	-	0	0.77	4.86	0.09
Other Non-Operating Income	2.11	1.18	1.03	1.21	0.63
EBT Excluding Unusual Items	-33.44	-29.98	-31.1	2.42	1.65
Impairment of Goodwill	-	-	-	-3.24	-
Gain (Loss) on Sale of Investments	-	-0.02	-0.11	-44.04	-0.06
Asset Writedown	-22.62	-3.29	-29.2	-39.9	10.91
Pretax Income	-56.06	-33.29	-60.41	-84.76	12.5
Income Tax Expense	-4.89	3.88	-12.76	-15.92	7.08
Earnings From Continuing Operations	-51.16	-37.17	-47.65	-68.84	5.42
Earnings From Discontinued Operations	-	19.54	0.01	-	-
Net Income to Company	-51.16	-17.63	-47.64	-68.84	5.42
Minority Interest in Earnings	7.56	2.32	0.31	5.31	2.94
Net Income	-43.61	-15.31	-47.32	-63.53	8.36
Net Income to Common	-43.61	-15.31	-47.32	-63.53	8.36
Net Income Growth	-	-	-	-	243.41%
Basic Shares Outstanding	998	999	999	999	837
Diluted Shares Outstanding	998	999	999	999	837
Shares Change (YoY)	-0.06%	-	-	19.36%	67.55%
EPS (Basic)	-0.04	-0.02	-0.05	-0.06	0.01
EPS (Diluted)	-0.04	-0.02	-0.05	-0.06	0.01
EPS Growth	-	-	-	-	104.94%
Operating Margin	-54.29%	-33.27%	-17.98%	-1.45%	0.60%
Profit Margin	-147.13%	-39.15%	-98.59%	-127.56%	12.11%
EBITDA	-11.38	-8.3	-3.95	3.23	4.29
EBITDA Margin	-38.39%	-21.23%	-8.23%	6.48%	6.21%
D&A For Ebitda	4.71	4.71	4.68	3.95	3.87
EBIT	-16.09	-13.02	-8.63	-0.72	0.41
EBIT Margin	-54.29%	-33.27%	-17.98%	-1.45%	0.60%
Effective Tax Rate	-	-	-	-	56.66%
Revenue as Reported	29.64	44.33	42.31	56.6	69.26

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