HKG:1028 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	1,213	1,392	1,540	1,382	1,629
Revenue Growth (YoY)	-12.82%	-9.64%	11.45%	-15.19%	5.83%
Cost of Revenue	486.21	604.66	668.51	614.68	685.83
Gross Profit	726.97	786.89	871.44	767.06	943.29
Selling, General & Admin	766.82	799.59	854.53	802.06	947.58
Operating Expenses	766.82	799.59	854.53	802.06	947.58
Operating Income	-39.85	-12.7	16.9	-35	-4.29
Interest Expense	-0.84	-1.02	-2.97	-2.56	-2.84
Interest & Investment Income	-	14.22	17.9	17.44	12.62
Earnings From Equity Investments	-0	-	1.35	-0.11	-0.02
Currency Exchange Gain (Loss)	-	-1.84	1.86	8.66	-2.63
Other Non Operating Income (Expenses)	-95.71	69.72	65.95	38.59	45.56
EBT Excluding Unusual Items	-136.4	68.39	100.99	27.01	48.41
Gain (Loss) on Sale of Investments	-	-	-	0.21	2.36
Gain (Loss) on Sale of Assets	-	0.01	0.24	0.04	-0.12
Other Unusual Items	-	-	-6.07	-9.92	-0.16
Pretax Income	-136.4	68.4	95.16	17.34	50.48
Income Tax Expense	13.45	20.11	74.2	2.57	21.69
Earnings From Continuing Operations	-149.85	48.29	20.95	14.77	28.79
Net Income to Company	-149.85	48.29	20.95	14.77	28.79
Minority Interest in Earnings	-0.19	-0.05	-0.12	0.02	-1.44
Net Income	-150.04	48.25	20.83	14.79	27.35
Net Income to Common	-150.04	48.25	20.83	14.79	27.35
Net Income Growth	-	131.62%	40.85%	-45.92%	342.56%
Shares Outstanding (Basic)	2,101	2,077	2,077	2,077	2,076
Shares Outstanding (Diluted)	2,101	2,077	2,077	2,077	2,076
Shares Change (YoY)	1.17%	-	-	0.03%	0.70%
EPS (Basic)	-0.07	0.02	0.01	0.01	0.01
EPS (Diluted)	-0.07	0.02	0.01	0.01	0.01
EPS Growth	-	132.00%	40.84%	-46.09%	339.59%
Free Cash Flow	-	23.78	179.29	123.98	-70.82
Free Cash Flow Per Share	-	0.01	0.09	0.06	-0.03
Gross Margin	59.92%	56.55%	56.59%	55.51%	57.90%
Operating Margin	-3.28%	-0.91%	1.10%	-2.53%	-0.26%
Profit Margin	-12.37%	3.47%	1.35%	1.07%	1.68%
Free Cash Flow Margin	-	1.71%	11.64%	8.97%	-4.35%
EBITDA	6.33	33.49	55.71	4.46	28.96
EBITDA Margin	0.52%	2.41%	3.62%	0.32%	1.78%
D&A For EBITDA	46.19	46.19	38.81	39.46	33.25
EBIT	-39.85	-12.7	16.9	-35	-4.29
EBIT Margin	-3.28%	-0.91%	1.10%	-2.53%	-0.26%
Effective Tax Rate	-	29.40%	77.98%	14.82%	42.97%

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