HKG:1039 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	192.09	180.71	226.75	215.04	114.21
Revenue Growth (YoY)	6.30%	-20.31%	5.45%	88.28%	-57.52%
Cost of Revenue	148.24	141.44	187.48	186.77	101.54
Gross Profit	43.85	39.27	39.27	28.27	12.67
Selling, General & Admin	30.18	34.91	35.81	36.6	68.2
Research & Development	6.36	7.58	9.74	12.55	38.98
Other Operating Expenses	-0.73	-0.32	-2.54	-0.72	-0.6
Operating Expenses	35.86	41.98	43.06	41.17	107.48
Operating Income	7.99	-2.71	-3.78	-12.89	-94.81
Interest Expense	-17.92	-12.87	-30.62	-28.01	-21.64
Interest & Investment Income	0.01	0.02	0.02	0.08	0.06
Currency Exchange Gain (Loss)	1.29	-6.71	-3.73	-5.28	1.21
Other Non Operating Income (Expenses)	-	-1.23	-	-	-
EBT Excluding Unusual Items	-8.63	-23.5	-38.11	-46.1	-115.18
Merger & Restructuring Charges	-0.21	-0.01	-0.21	-1.65	-7.96
Gain (Loss) on Sale of Investments	-0.03	-0.1	-0.37	-0.33	-0.74
Gain (Loss) on Sale of Assets	-	-	0.08	0.21	-0.09
Asset Writedown	-	-	-	-	-0.89
Other Unusual Items	2.9	0.29	-	-0.88	-
Pretax Income	-5.97	-23.33	-38.62	-48.74	-124.86
Income Tax Expense	4	-5.16	-	-	-
Earnings From Continuing Operations	-9.97	-18.17	-38.62	-48.74	-124.86
Minority Interest in Earnings	-6.11	-1.35	1.05	14.02	75.4
Net Income	-16.08	-19.52	-37.56	-34.73	-49.47
Net Income to Common	-16.08	-19.52	-37.56	-34.73	-49.47
Shares Outstanding (Basic)	1,811	1,811	1,811	1,811	1,811
Shares Outstanding (Diluted)	1,811	1,811	1,811	1,811	1,811
EPS (Basic)	-0.01	-0.01	-0.02	-0.02	-0.03
EPS (Diluted)	-0.01	-0.01	-0.02	-0.02	-0.03
Free Cash Flow	-	-18.76	6.65	-7.15	-103.9
Free Cash Flow Per Share	-	-0.01	0.00	-0.00	-0.06
Gross Margin	22.83%	21.73%	17.32%	13.15%	11.10%
Operating Margin	4.16%	-1.50%	-1.67%	-6.00%	-83.01%
Profit Margin	-8.37%	-10.80%	-16.56%	-16.15%	-43.31%
Free Cash Flow Margin	-	-10.38%	2.93%	-3.33%	-90.97%
EBITDA	8.32	-2.37	-3.3	-12.24	-93.33
EBITDA Margin	4.33%	-1.31%	-1.46%	-5.69%	-81.72%
D&A For EBITDA	0.34	0.34	0.48	0.65	1.48
EBIT	7.99	-2.71	-3.78	-12.89	-94.81
EBIT Margin	4.16%	-1.50%	-1.67%	-6.00%	-83.01%

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