HKG:0846 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	4,385	7,030	9,525	10,568	16,416
Revenue Growth (YoY)	-37.62%	-26.19%	-9.87%	-35.62%	27.67%
Cost of Revenue	3,594	5,431	7,445	8,226	11,405
Gross Profit	790.77	1,600	2,080	2,342	5,012
Selling, General & Admin	793.95	1,085	1,062	1,413	1,641
Other Operating Expenses	93.38	98.38	119.85	67.22	85.41
Operating Expenses	913.85	1,323	1,327	1,510	1,871
Operating Income	-123.09	276.72	752.73	831.8	3,141
Interest Expense	-0.63	-1	-1.52	-2.59	-4.32
Interest & Investment Income	3.23	53.03	21.79	25.84	30.77
Earnings From Equity Investments	-31.37	-2.51	201.57	-92.2	-23.14
Currency Exchange Gain (Loss)	12.83	-25.34	-38.29	-372.28	160.16
Other Non Operating Income (Expenses)	-10	-226.2	-116	-41.6	26.6
EBT Excluding Unusual Items	-149.03	74.7	820.28	348.97	3,331
Gain (Loss) on Sale of Investments	-	-	-	143.68	-
Gain (Loss) on Sale of Assets	144.85	427.82	-23.37	0.42	177.34
Asset Writedown	-1,093	-1,232	-648.45	489.29	247.38
Other Unusual Items	-8.7	-415.66	1.2	-4.6	0.4
Pretax Income	-1,106	-1,145	149.67	977.75	3,756
Income Tax Expense	92.69	664.33	792.82	959.13	1,759
Earnings From Continuing Operations	-1,199	-1,809	-643.15	18.63	1,997
Minority Interest in Earnings	-28.43	18.1	176.02	29.34	-114.23
Net Income	-1,227	-1,791	-467.13	47.96	1,883
Net Income to Common	-1,227	-1,791	-467.13	47.96	1,883
Net Income Growth	-	-	-	-97.45%	75.13%
Shares Outstanding (Basic)	6,093	6,093	6,093	6,093	6,093
Shares Outstanding (Diluted)	6,093	6,093	6,093	6,093	6,093
EPS (Basic)	-0.20	-0.29	-0.08	0.01	0.31
EPS (Diluted)	-0.20	-0.29	-0.08	0.01	0.31
EPS Growth	-	-	-	-97.45%	75.55%
Free Cash Flow	-426.68	1,234	-487.27	-259.9	737.4
Free Cash Flow Per Share	-0.07	0.20	-0.08	-0.04	0.12
Gross Margin	18.03%	22.75%	21.83%	22.16%	30.53%
Operating Margin	-2.81%	3.94%	7.90%	7.87%	19.13%
Profit Margin	-27.98%	-25.48%	-4.90%	0.45%	11.47%
Free Cash Flow Margin	-9.73%	17.56%	-5.12%	-2.46%	4.49%
EBITDA	7.23	401.85	867.11	960.83	3,263
EBITDA Margin	0.17%	5.72%	9.10%	9.09%	19.88%
D&A For EBITDA	130.31	125.13	114.38	129.03	122.44
EBIT	-123.09	276.72	752.73	831.8	3,141
EBIT Margin	-2.81%	3.94%	7.90%	7.87%	19.13%
Effective Tax Rate	-	-	529.71%	98.09%	46.84%

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