HKG:0719 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	8,755	8,324	7,956	7,295	6,360
Other Revenue	-	142.44	144.78	207.82	200.54
Revenue	8,755	8,466	8,101	7,503	6,560
Revenue Growth (YoY)	3.41%	4.51%	7.97%	14.37%	9.23%
Cost of Revenue	7,110	6,481	5,779	5,515	4,824
Gross Profit	1,645	1,985	2,321	1,988	1,736
Selling, General & Admin	798.74	1,017	1,287	1,106	929.12
Research & Development	381.62	413.18	419.24	345.66	341.37
Other Operating Expenses	22.63	35.88	92.18	65.31	59.27
Operating Expenses	1,208	1,475	1,809	1,522	1,332
Operating Income	436.2	510.63	512.15	465.87	403.67
Interest Expense	-34.57	-39.74	-41.15	-49.71	-53.1
Interest & Investment Income	7.76	20.96	21.88	18.83	16.79
Currency Exchange Gain (Loss)	-	19.09	15.42	10.53	-4.18
Other Non Operating Income (Expenses)	-5.07	-3.41	-2.72	-3.38	-2.45
EBT Excluding Unusual Items	404.32	507.53	505.59	442.15	360.72
Gain (Loss) on Sale of Assets	1.99	1.42	8.73	5.54	2.07
Asset Writedown	-47.39	-5.12	-10.29	-2.61	-1.88
Other Unusual Items	-	29.82	28.65	26.7	60.32
Pretax Income	358.92	533.65	532.69	471.77	421.23
Income Tax Expense	52.61	46.94	26.58	45.66	59.16
Earnings From Continuing Operations	306.3	486.71	506.11	426.11	362.07
Minority Interest in Earnings	-16.42	-16.69	-9.59	-15.05	-13.53
Net Income	289.89	470.02	496.51	411.06	348.55
Net Income to Common	289.89	470.02	496.51	411.06	348.55
Net Income Growth	-38.32%	-5.33%	20.79%	17.94%	7.29%
Shares Outstanding (Basic)	690	682	674	661	627
Shares Outstanding (Diluted)	690	688	692	671	627
Shares Change (YoY)	0.29%	-0.54%	3.20%	6.93%	-0.02%
EPS (Basic)	0.42	0.69	0.74	0.62	0.56
EPS (Diluted)	0.42	0.68	0.72	0.61	0.56
EPS Growth	-38.23%	-5.56%	18.03%	9.75%	6.89%
Free Cash Flow	533.73	155.19	-59.85	513.48	9.89
Free Cash Flow Per Share	0.77	0.23	-0.09	0.77	0.02
Dividend Per Share	-	0.275	0.250	0.200	0.150
Dividend Growth	-	10.00%	25.00%	33.33%	-
Gross Margin	18.79%	23.45%	28.66%	26.50%	26.46%
Operating Margin	4.98%	6.03%	6.32%	6.21%	6.15%
Profit Margin	3.31%	5.55%	6.13%	5.48%	5.31%
Free Cash Flow Margin	6.10%	1.83%	-0.74%	6.84%	0.15%
EBITDA	975.04	1,049	1,026	952.48	840.2
EBITDA Margin	11.14%	12.40%	12.67%	12.70%	12.81%
D&A For EBITDA	538.84	538.84	514.09	486.61	436.53
EBIT	436.2	510.63	512.15	465.87	403.67
EBIT Margin	4.98%	6.03%	6.32%	6.21%	6.15%
Effective Tax Rate	14.66%	8.80%	4.99%	9.68%	14.04%
Revenue as Reported	8,755	-	-	7,503	-
Advertising Expenses	-	7.46	8.95	8.18	11.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.