HKG:0871 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	306.91	325.23	375.16	385.47	387.39	286.34
Revenue Growth (YoY)	-3.66%	-13.31%	-2.67%	-0.50%	35.29%	-35.27%
Cost of Revenue	271.29	296.61	329.41	305.63	352.46	329.9
Gross Profit	35.62	28.63	45.75	79.84	34.93	-43.55
Selling, General & Admin	43.09	49.65	46.52	42.35	43.82	81.64
Operating Expenses	49.58	56.15	157.95	204.93	66.84	228.83
Operating Income	-13.96	-27.52	-112.2	-125.09	-31.91	-272.38
Interest Expense	-18.99	-21.39	-24.98	-26.21	-33.07	-43.39
Interest & Investment Income	0.57	0.42	1.02	0.37	0.01	0.05
Earnings From Equity Investments	-0.91	-0.93	0.33	-0.27	-	-
Currency Exchange Gain (Loss)	-1.07	-1.32	0.29	-3.03	20.96	22.24
Other Non Operating Income (Expenses)	-0.03	4.07	-2.07	5.41	33.29	-0.64
EBT Excluding Unusual Items	-34.38	-46.67	-137.61	-148.81	-10.71	-294.12
Gain (Loss) on Sale of Assets	0.97	-	-0	0.02	1.14	2.99
Asset Writedown	-229.32	-229.32	-58.4	-152.31	-157.76	-234.59
Other Unusual Items	-0.31	-0.31	2.2	-0.62	207.98	0.38
Pretax Income	-263.04	-276.3	-193.8	-301.72	40.64	-525.34
Income Tax Expense	29.98	26.7	18.09	13.41	-0.61	12.03
Earnings From Continuing Operations	-293.02	-303	-211.89	-315.14	41.26	-537.36
Minority Interest in Earnings	-18.79	-19.06	-18.77	-25.28	-18.66	10.78
Net Income	-311.81	-322.05	-230.67	-340.41	22.59	-526.58
Net Income to Common	-311.81	-322.05	-230.67	-340.41	22.59	-526.58
Shares Outstanding (Basic)	1,504	1,504	1,504	1,504	1,381	957
Shares Outstanding (Diluted)	1,504	1,504	1,504	1,504	1,381	957
Shares Change (YoY)	-	-	-	8.89%	44.29%	7.82%
EPS (Basic)	-0.21	-0.21	-0.15	-0.23	0.02	-0.55
EPS (Diluted)	-0.21	-0.21	-0.15	-0.23	0.02	-0.55
Free Cash Flow	72.51	96.33	88	101.43	67.89	15.69
Free Cash Flow Per Share	0.05	0.06	0.06	0.07	0.05	0.02
Gross Margin	11.61%	8.80%	12.20%	20.71%	9.02%	-15.21%
Operating Margin	-4.55%	-8.46%	-29.91%	-32.45%	-8.24%	-95.12%
Profit Margin	-101.60%	-99.02%	-61.48%	-88.31%	5.83%	-183.90%
Free Cash Flow Margin	23.63%	29.62%	23.46%	26.31%	17.53%	5.48%
EBITDA	65	59.13	-22.89	-34.46	58.78	-167.64
EBITDA Margin	21.18%	18.18%	-6.10%	-8.94%	15.17%	-58.55%
D&A For EBITDA	78.96	86.65	89.31	90.63	90.69	104.74
EBIT	-13.96	-27.52	-112.2	-125.09	-31.91	-272.38
EBIT Margin	-4.55%	-8.46%	-29.91%	-32.45%	-8.24%	-95.12%

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