HKG:0588 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
Other Revenue	6,060	7,152	15,751	12,989	22,183
Total Revenue	6,060	7,152	15,751	12,989	22,183
Revenue Growth (YoY	-15.27%	-54.59%	21.27%	-41.45%	23.27%
Property Expenses	6,270	7,846	12,098	11,246	18,324
Selling, General & Administrative	1,262	1,214	1,325	1,350	1,575
Other Operating Expenses	530.36	432.54	966.46	781.82	1,177
Total Operating Expenses	8,096	9,517	14,401	13,380	21,086
Operating Income	-2,036	-2,364	1,351	-391.31	1,097
Interest Expense	-921.01	-1,021	-907.63	-903.85	-688.95
Interest & Investment Income	60.42	329.94	167.25	143.61	386.84
Currency Exchange Gain (Loss)	-0.68	-0.24	0.18	0.35	-0.19
Other Non-Operating Income	-66.23	-137.59	-254.5	-167.48	-33.05
EBT Excluding Unusual Items	-2,963	-3,193	355.82	-1,319	761.19
Gain (Loss) on Sale of Assets	-0.23	-1.29	-1.48	-0.14	-3.58
Asset Writedown	-	-59.97	-	-137.8	-215.75
Other Unusual Items	42.77	101.71	44.38	18.3	32.76
Pretax Income	-2,921	-3,152	398.73	-1,438	574.62
Income Tax Expense	304	268.36	462.16	214.54	466.74
Earnings From Continuing Operations	-3,225	-3,421	-63.43	-1,653	107.88
Net Income to Company	-3,225	-3,421	-63.43	-1,653	107.88
Minority Interest in Earnings	236.57	593.22	131.5	77.33	105.1
Net Income	-2,988	-2,827	68.06	-1,576	212.98
Preferred Dividends & Other Adjustments	-	-	-	25.36	137.78
Net Income to Common	-2,988	-2,827	68.06	-1,601	75.2
Net Income Growth	-	-	-	-	-21.40%
Basic Shares Outstanding	3,367	3,367	3,367	3,367	3,367
Diluted Shares Outstanding	3,367	3,367	3,367	3,367	3,367
EPS (Basic)	-0.89	-0.84	0.02	-0.48	0.02
EPS (Diluted)	-0.89	-0.84	0.02	-0.48	0.02
EPS Growth	-	-	-	-	-47.16%
Dividend Per Share	-	-	0.020	-	0.010
Dividend Growth	-	-	-	-	-66.67%
Operating Margin	-33.59%	-33.06%	8.57%	-3.01%	4.94%
Profit Margin	-49.30%	-39.53%	0.43%	-12.32%	0.34%
EBITDA	-1,596	-1,915	1,511	43.64	1,215
EBITDA Margin	-26.34%	-26.77%	9.59%	0.34%	5.47%
D&A For Ebitda	439.51	449.37	160.26	434.95	118.07
EBIT	-2,036	-2,364	1,351	-391.31	1,097
EBIT Margin	-33.59%	-33.06%	8.57%	-3.01%	4.94%
Effective Tax Rate	-	-	115.91%	-	81.23%
Revenue as Reported	6,060	7,152	15,751	12,989	22,183

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