HKG:1028 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	1,311	1,392	1,540	1,382	1,629	1,539
Revenue Growth (YoY)	-10.97%	-9.64%	11.45%	-15.19%	5.83%	-20.47%
Cost of Revenue	562.26	604.66	668.51	614.68	685.83	678.7
Gross Profit	748.81	786.89	871.44	767.06	943.29	860.67
Selling, General & Admin	785.19	799.59	854.53	802.06	947.58	939.12
Operating Expenses	785.19	799.59	854.53	802.06	947.58	939.12
Operating Income	-36.38	-12.7	16.9	-35	-4.29	-78.45
Interest Expense	-0.94	-1.02	-2.97	-2.56	-2.84	-5.27
Interest & Investment Income	7.14	14.22	17.9	17.44	12.62	10.77
Earnings From Equity Investments	-	-	1.35	-0.11	-0.02	-0.84
Currency Exchange Gain (Loss)	0.34	-1.84	1.86	8.66	-2.63	-5.37
Other Non Operating Income (Expenses)	-105.36	69.72	65.95	38.59	45.56	52.35
EBT Excluding Unusual Items	-135.21	68.39	100.99	27.01	48.41	-26.83
Gain (Loss) on Sale of Investments	-	-	-	0.21	2.36	-
Gain (Loss) on Sale of Assets	-0	0.01	0.24	0.04	-0.12	23.72
Other Unusual Items	-	-	-6.07	-9.92	-0.16	17.92
Pretax Income	-135.21	68.4	95.16	17.34	50.48	14.81
Income Tax Expense	10.89	20.11	74.2	2.57	21.69	9.21
Earnings From Continuing Operations	-146.1	48.29	20.95	14.77	28.79	5.61
Net Income to Company	-146.1	48.29	20.95	14.77	28.79	5.61
Minority Interest in Earnings	-0.04	-0.05	-0.12	0.02	-1.44	0.57
Net Income	-146.15	48.25	20.83	14.79	27.35	6.18
Net Income to Common	-146.15	48.25	20.83	14.79	27.35	6.18
Net Income Growth	-	131.62%	40.85%	-45.92%	342.56%	-
Shares Outstanding (Basic)	2,077	2,077	2,077	2,077	2,076	2,062
Shares Outstanding (Diluted)	2,077	2,077	2,077	2,077	2,076	2,062
Shares Change (YoY)	-	-	-	0.03%	0.70%	0.03%
EPS (Basic)	-0.07	0.02	0.01	0.01	0.01	0.00
EPS (Diluted)	-0.07	0.02	0.01	0.01	0.01	0.00
EPS Growth	-	132.00%	40.84%	-46.09%	339.59%	-
Free Cash Flow	88.55	23.78	179.29	123.98	-70.82	202.7
Free Cash Flow Per Share	0.04	0.01	0.09	0.06	-0.03	0.10
Gross Margin	57.11%	56.55%	56.59%	55.51%	57.90%	55.91%
Operating Margin	-2.77%	-0.91%	1.10%	-2.53%	-0.26%	-5.10%
Profit Margin	-11.15%	3.47%	1.35%	1.07%	1.68%	0.40%
Free Cash Flow Margin	6.75%	1.71%	11.64%	8.97%	-4.35%	13.17%
EBITDA	8.06	33.49	55.71	4.46	28.96	-34.39
EBITDA Margin	0.61%	2.41%	3.62%	0.32%	1.78%	-2.23%
D&A For EBITDA	44.44	46.19	38.81	39.46	33.25	44.07
EBIT	-36.38	-12.7	16.9	-35	-4.29	-78.45
EBIT Margin	-2.77%	-0.91%	1.10%	-2.53%	-0.26%	-5.10%
Effective Tax Rate	-	29.40%	77.98%	14.82%	42.97%	62.16%

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