HKG:0819 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	53,799	76,669	83,891	74,599	85,616
Revenue Growth (YoY)	-29.83%	-8.61%	12.46%	-12.87%	59.96%
Cost of Revenue	48,533	71,782	77,943	68,225	80,996
Gross Profit	5,266	4,887	5,948	6,373	4,620
Selling, General & Admin	2,541	2,565	2,781	2,592	2,027
Research & Development	2,013	2,033	1,927	1,622	1,483
Operating Expenses	4,559	4,615	4,738	4,331	3,605
Operating Income	706.57	271.51	1,211	2,042	1,015
Interest Expense	-433.51	-546.53	-482.78	-340.74	-253.89
Interest & Investment Income	276.98	497.9	575.99	324.63	229.09
Earnings From Equity Investments	-9.68	-0.49	-0.84	-0.91	-2.74
Currency Exchange Gain (Loss)	-18.21	2.82	-18.77	-111.14	11.83
Other Non Operating Income (Expenses)	1,380	1,685	1,336	786.11	824.85
EBT Excluding Unusual Items	1,902	1,910	2,620	2,700	1,824
Gain (Loss) on Sale of Investments	143.42	28.7	-1.02	51.94	59.2
Gain (Loss) on Sale of Assets	-52.28	-46.64	-55.17	-13.13	-45.99
Pretax Income	1,993	1,892	2,563	2,739	1,837
Income Tax Expense	330.25	594.11	727.78	659.16	285.73
Earnings From Continuing Operations	1,663	1,298	1,836	2,080	1,551
Minority Interest in Earnings	-226.19	-155.5	-13.87	-283.29	-251.26
Net Income	1,437	1,142	1,822	1,796	1,300
Net Income to Common	1,437	1,142	1,822	1,796	1,300
Net Income Growth	25.77%	-37.29%	1.42%	38.19%	-47.52%
Shares Outstanding (Basic)	1,126	1,126	1,126	1,126	1,126
Shares Outstanding (Diluted)	1,126	1,134	1,148	1,147	1,153
Shares Change (YoY)	-0.72%	-1.20%	0.06%	-0.51%	-0.05%
EPS (Basic)	1.28	1.01	1.62	1.60	1.15
EPS (Diluted)	1.28	1.01	1.59	1.57	1.13
EPS Growth	26.32%	-36.48%	1.27%	38.94%	-47.44%
Free Cash Flow	3,729	-1,950	-1,245	-1,333	76.11
Free Cash Flow Per Share	3.31	-1.72	-1.08	-1.16	0.07
Dividend Per Share	0.318	0.157	0.392	0.355	0.342
Dividend Growth	102.74%	-59.92%	10.22%	4.01%	1.43%
Gross Margin	9.79%	6.37%	7.09%	8.54%	5.40%
Operating Margin	1.31%	0.35%	1.44%	2.74%	1.19%
Profit Margin	2.67%	1.49%	2.17%	2.41%	1.52%
Free Cash Flow Margin	6.93%	-2.54%	-1.48%	-1.79%	0.09%
EBITDA	1,913	1,349	2,032	2,769	1,587
EBITDA Margin	3.55%	1.76%	2.42%	3.71%	1.85%
D&A For EBITDA	1,206	1,077	821.67	726.84	572.62
EBIT	706.57	271.51	1,211	2,042	1,015
EBIT Margin	1.31%	0.35%	1.44%	2.74%	1.19%
Effective Tax Rate	16.57%	31.40%	28.39%	24.07%	15.55%

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