HKG:0505 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	9,259	8,053	6,323	6,239	6,950
Revenue Growth (YoY)	14.97%	27.36%	1.36%	-10.24%	53.25%
Cost of Revenue	8,347	7,292	5,713	5,651	6,159
Gross Profit	912.33	761.55	610.33	587.95	790.47
Selling, General & Admin	527.67	434.79	396.8	395.16	375.44
Other Operating Expenses	-63.6	-35.39	-26.69	-25.71	46.53
Operating Expenses	464.07	399.41	370.11	369.45	421.97
Operating Income	448.26	362.14	240.22	218.5	368.5
Interest Expense	-35.39	-39.91	-32.05	-29.61	-35.03
Interest & Investment Income	25.92	31.82	35.99	33.29	18.64
Currency Exchange Gain (Loss)	-4.99	-8.51	-0.11	13.44	1.85
Other Non Operating Income (Expenses)	-266.26	-26.99	-19.22	11.42	-
EBT Excluding Unusual Items	167.54	318.56	224.83	247.04	353.95
Gain (Loss) on Sale of Assets	-2.3	-0.35	-1.25	-0.02	-0.09
Pretax Income	165.25	318.21	223.58	249.42	353.86
Income Tax Expense	33.56	76.63	35.89	32.59	76.52
Earnings From Continuing Operations	131.69	241.58	187.69	216.83	277.34
Minority Interest in Earnings	0.91	-0.36	-0.25	-0.22	-0.37
Net Income	132.59	241.22	187.45	216.61	276.98
Net Income to Common	132.59	241.22	187.45	216.61	276.98
Net Income Growth	-45.03%	28.68%	-13.46%	-21.80%	83.63%
Shares Outstanding (Basic)	866	882	881	891	853
Shares Outstanding (Diluted)	866	882	881	891	853
Shares Change (YoY)	-1.74%	0.05%	-1.12%	4.51%	3.36%
EPS (Basic)	0.15	0.27	0.21	0.24	0.32
EPS (Diluted)	0.15	0.27	0.21	0.24	0.32
EPS Growth	-44.45%	28.57%	-12.50%	-25.00%	77.78%
Free Cash Flow	-	-48.92	-463.01	334.05	-63.33
Free Cash Flow Per Share	-	-0.06	-0.53	0.38	-0.07
Gross Margin	9.85%	9.46%	9.65%	9.42%	11.37%
Operating Margin	4.84%	4.50%	3.80%	3.50%	5.30%
Profit Margin	1.43%	3.00%	2.96%	3.47%	3.98%
Free Cash Flow Margin	-	-0.61%	-7.32%	5.36%	-0.91%
EBITDA	557.03	470.92	338.37	318.69	471.33
EBITDA Margin	6.02%	5.85%	5.35%	5.11%	6.78%
D&A For EBITDA	108.77	108.77	98.15	100.19	102.83
EBIT	448.26	362.14	240.22	218.5	368.5
EBIT Margin	4.84%	4.50%	3.80%	3.50%	5.30%
Effective Tax Rate	20.31%	24.08%	16.05%	13.07%	21.62%

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