HKG:0611 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
Operating Revenue	1,365	1,273	1,533	1,865	2,073
Other Revenue	14.95	22.1	26.31	27.03	34.56
Revenue	1,380	1,296	1,559	1,892	2,107
Revenue Growth (YoY)	6.52%	-16.92%	-17.56%	-10.23%	18.45%
Cost of Revenue	859.85	829.98	1,171	1,525	1,813
Gross Profit	520.13	465.58	388.43	366.61	294.05
Selling, General & Admin	103.4	98.6	110.6	138.28	107.68
Operating Expenses	102.62	101.53	96.74	143.76	113.76
Operating Income	417.51	364.05	291.69	222.85	180.29
Interest Expense	-199.69	-215.52	-185.35	-142.12	-120.16
Interest & Investment Income	3.02	11.13	30.92	21.21	8.1
Earnings From Equity Investments	0.5	0.44	0.4	0.51	22.07
Currency Exchange Gain (Loss)	-4.56	-	-	-	-
Other Non Operating Income (Expenses)	4.42	2.4	1.46	3.46	-0.02
EBT Excluding Unusual Items	221.21	162.49	139.11	105.92	90.28
Gain (Loss) on Sale of Investments	1.57	1.57	1.57	17.3	0.95
Gain (Loss) on Sale of Assets	-	-	-	-	9.64
Other Unusual Items	8.91	-	-	-	-
Pretax Income	231.69	164.06	140.68	123.22	100.88
Income Tax Expense	53.75	44.16	34.53	36.22	23.64
Earnings From Continuing Operations	177.94	119.9	106.16	87	77.23
Earnings From Discontinued Operations	-	-	-	-	8.86
Net Income to Company	177.94	119.9	106.16	87	86.09
Minority Interest in Earnings	10.36	-5.77	-7.42	-5.41	-12.95
Net Income	188.31	114.14	98.73	81.59	73.14
Net Income to Common	188.31	114.14	98.73	81.59	73.14
Net Income Growth	64.99%	15.60%	21.00%	11.55%	52.23%
Shares Outstanding (Basic)	1,852	1,852	1,852	1,662	1,313
Shares Outstanding (Diluted)	1,852	1,852	1,852	1,662	1,313
Shares Change (YoY)	-	-	11.46%	26.54%	-
EPS (Basic)	0.10	0.06	0.05	0.05	0.06
EPS (Diluted)	0.10	0.06	0.05	0.05	0.06
EPS Growth	64.99%	15.60%	8.56%	-11.84%	52.22%
Free Cash Flow	-	-995.41	-1,690	-647.71	199.69
Free Cash Flow Per Share	-	-0.54	-0.91	-0.39	0.15
Gross Margin	37.69%	35.94%	24.91%	19.38%	13.95%
Operating Margin	30.25%	28.10%	18.70%	11.78%	8.56%
Profit Margin	13.65%	8.81%	6.33%	4.31%	3.47%
Free Cash Flow Margin	-	-76.83%	-108.36%	-34.24%	9.48%
EBITDA	732.81	679.35	480.73	379	304.34
EBITDA Margin	53.10%	52.44%	30.83%	20.04%	14.44%
D&A For EBITDA	315.3	315.3	189.04	156.15	124.05
EBIT	417.51	364.05	291.69	222.85	180.29
EBIT Margin	30.25%	28.10%	18.70%	11.78%	8.56%
Effective Tax Rate	23.20%	26.91%	24.54%	29.39%	23.44%

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