HKG:0661 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	66,051	57,853	44,785	33,659	35,678
Revenue Growth (YoY)	14.17%	29.18%	33.06%	-5.66%	21.40%
Cost of Revenue	64,770	56,233	42,970	32,493	34,407
Gross Profit	1,281	1,620	1,814	1,166	1,271
Selling, General & Admin	785.54	889.4	764.29	455.58	446.89
Other Operating Expenses	101.12	134.54	296.42	384.22	19.14
Operating Expenses	890.35	1,024	1,063	847.23	491.71
Operating Income	390.77	596.5	750.9	318.56	778.84
Interest Expense	-460.27	-506.83	-550.82	-323.73	-310.15
Interest & Investment Income	17.09	16.08	17.19	24.89	30.88
Earnings From Equity Investments	-0.85	-1.57	-	-	-
Currency Exchange Gain (Loss)	134.76	30.26	48.32	47.71	33.68
Other Non Operating Income (Expenses)	48.05	48.91	30.89	57.33	10.92
EBT Excluding Unusual Items	129.56	183.35	296.48	124.75	544.17
Gain (Loss) on Sale of Assets	21.32	-0.47	16.41	-20.89	5.04
Asset Writedown	-116.2	-132.62	-24.11	-66.04	-77.69
Other Unusual Items	-	-	-	25.53	-
Pretax Income	34.67	50.27	288.78	63.35	471.52
Income Tax Expense	29.3	40.67	86.28	69.77	134.94
Earnings From Continuing Operations	5.37	9.6	202.5	-6.42	336.58
Minority Interest in Earnings	48.18	30.6	-258.82	117.33	-50.14
Net Income	53.55	40.2	-56.33	110.91	286.44
Net Income to Common	53.55	40.2	-56.33	110.91	286.44
Net Income Growth	33.21%	-	-	-61.28%	-6.52%
Shares Outstanding (Basic)	17,896	17,896	17,896	17,896	17,896
Shares Outstanding (Diluted)	17,896	17,896	17,896	17,896	17,896
EPS (Basic)	0.00	0.00	-0.00	0.01	0.02
EPS (Diluted)	0.00	0.00	-0.00	0.01	0.02
EPS Growth	33.22%	-	-	-61.28%	-6.52%
Free Cash Flow	808.16	296.08	-2,302	-3,737	-946.16
Free Cash Flow Per Share	0.04	0.02	-0.13	-0.21	-0.05
Gross Margin	1.94%	2.80%	4.05%	3.46%	3.56%
Operating Margin	0.59%	1.03%	1.68%	0.95%	2.18%
Profit Margin	0.08%	0.07%	-0.13%	0.33%	0.80%
Free Cash Flow Margin	1.22%	0.51%	-5.14%	-11.10%	-2.65%
EBITDA	1,150	1,463	1,559	958.26	832.56
EBITDA Margin	1.74%	2.53%	3.48%	2.85%	2.33%
D&A For EBITDA	759.04	866.94	808.44	639.7	53.72
EBIT	390.77	596.5	750.9	318.56	778.84
EBIT Margin	0.59%	1.03%	1.68%	0.95%	2.18%
Effective Tax Rate	84.51%	80.91%	29.88%	110.13%	28.62%

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