HKG:0805 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	871.37	864.17	720.3	498.78	299.67
Revenue Growth (YoY)	0.83%	19.97%	44.41%	66.44%	-
Cost of Revenue	634.17	595.65	539.25	416.54	249.57
Gross Profit	237.2	268.52	181.05	82.24	50.1
Selling, General & Admin	192.63	163.83	77.76	40.47	18.86
Research & Development	26.92	13.71	7.97	5.11	2.84
Other Operating Expenses	-31.95	0.11	-0.46	-2.18	-1.3
Operating Expenses	189.22	179.37	85.23	43.47	20.4
Operating Income	47.98	89.15	95.82	38.78	29.7
Interest Expense	-11.73	-12.37	-2.32	-2.53	-3.09
Interest & Investment Income	-	0.5	0.04	0.01	0
Earnings From Equity Investments	-	-	0.11	1.08	0.91
Currency Exchange Gain (Loss)	-	-15	14.02	7.54	0.1
EBT Excluding Unusual Items	36.25	62.28	107.68	44.88	27.62
Gain (Loss) on Sale of Assets	-	-0.78	-	-0.62	-
Other Unusual Items	-	-	-	-	6.7
Pretax Income	36.25	61.5	107.68	44.26	34.33
Income Tax Expense	4.13	16.01	28.91	11.31	9.25
Earnings From Continuing Operations	32.11	45.49	78.77	32.96	25.08
Minority Interest in Earnings	-1.29	-2.16	1.21	-	-
Net Income	30.82	43.33	79.97	32.96	25.08
Net Income to Common	30.82	43.33	79.97	32.96	25.08
Net Income Growth	-28.87%	-45.82%	142.67%	31.40%	-
Shares Outstanding (Basic)	952	720	720	-	-
Shares Outstanding (Diluted)	952	720	720	-	-
Shares Change (YoY)	32.24%	-	-	-	-
EPS (Basic)	0.03	0.06	0.11	-	-
EPS (Diluted)	0.03	0.06	0.11	-	-
EPS Growth	-46.21%	-45.82%	-	-	-
Free Cash Flow	-	135.7	112.59	51.51	14.85
Free Cash Flow Per Share	-	0.19	0.16	-	-
Gross Margin	27.22%	31.07%	25.14%	16.49%	16.72%
Operating Margin	5.51%	10.32%	13.30%	7.77%	9.91%
Profit Margin	3.54%	5.01%	11.10%	6.61%	8.37%
Free Cash Flow Margin	-	15.70%	15.63%	10.33%	4.95%
EBITDA	53.62	94.79	99.93	41.56	31.87
EBITDA Margin	6.15%	10.97%	13.87%	8.33%	10.63%
D&A For EBITDA	5.64	5.64	4.11	2.78	2.17
EBIT	47.98	89.15	95.82	38.78	29.7
EBIT Margin	5.51%	10.32%	13.30%	7.77%	9.91%
Effective Tax Rate	11.40%	26.03%	26.85%	25.54%	26.93%
Advertising Expenses	-	-	-	10.62	3.46

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