HKG:1053 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
Operating Revenue	23,701	26,998	39,030	36,274	37,467
Other Revenue	301.09	246.39	287.69	287.74	2,382
Revenue	24,002	27,244	39,318	36,562	39,849
Revenue Growth (YoY)	-11.90%	-30.71%	7.54%	-8.25%	62.72%
Cost of Revenue	23,843	28,660	40,204	36,746	36,053
Gross Profit	158.17	-1,415	-886.12	-184.73	3,796
Selling, General & Admin	291.82	417.88	397.16	480.69	572.47
Research & Development	45.01	41.78	31.95	24.76	11.8
Other Operating Expenses	11.11	68.9	125.05	107.48	118.44
Operating Expenses	347.72	530.06	554.16	612.98	702.73
Operating Income	-189.55	-1,946	-1,440	-797.71	3,094
Interest Expense	-200.06	-185.55	-268.42	-297.36	-486.27
Interest & Investment Income	45.7	27.88	54.67	91.5	129.28
Currency Exchange Gain (Loss)	-4.3	-32.64	-13.09	-110.84	7.15
Other Non Operating Income (Expenses)	2.9	16.42	16.01	-30.2	-33.58
EBT Excluding Unusual Items	-345.31	-2,119	-1,651	-1,145	2,710
Impairment of Goodwill	-285.18	-	-	-	-
Gain (Loss) on Sale of Assets	16.99	2.56	4.5	1.68	-4.73
Asset Writedown	-2,124	-1,183	-115.1	-117.11	-440.22
Other Unusual Items	3.42	8.47	17.46	58.14	-2.43
Pretax Income	-2,735	-3,292	-1,744	-1,202	2,263
Income Tax Expense	-12.7	-96.08	-249.84	-182.49	-11.51
Earnings From Continuing Operations	-2,722	-3,196	-1,494	-1,019	2,274
Net Income	-2,722	-3,196	-1,494	-1,019	2,274
Net Income to Common	-2,722	-3,196	-1,494	-1,019	2,274
Net Income Growth	-	-	-	-	256.22%
Shares Outstanding (Basic)	8,919	8,919	8,919	8,919	8,894
Shares Outstanding (Diluted)	8,919	8,919	8,919	8,919	8,894
Shares Change (YoY)	-	-	-	0.27%	0.25%
EPS (Basic)	-0.31	-0.36	-0.17	-0.11	0.26
EPS (Diluted)	-0.31	-0.36	-0.17	-0.11	0.26
EPS Growth	-	-	-	-	265.31%
Free Cash Flow	651.67	543.78	205.66	-1,223	730.11
Free Cash Flow Per Share	0.07	0.06	0.02	-0.14	0.08
Gross Margin	0.66%	-5.20%	-2.25%	-0.51%	9.53%
Operating Margin	-0.79%	-7.14%	-3.66%	-2.18%	7.76%
Profit Margin	-11.34%	-11.73%	-3.80%	-2.79%	5.71%
Free Cash Flow Margin	2.71%	2.00%	0.52%	-3.34%	1.83%
EBITDA	1,482	-326.95	121.47	542.93	4,067
EBITDA Margin	6.17%	-1.20%	0.31%	1.49%	10.21%
D&A For EBITDA	1,671	1,619	1,562	1,341	973.68
EBIT	-189.55	-1,946	-1,440	-797.71	3,094
EBIT Margin	-0.79%	-7.14%	-3.66%	-2.18%	7.76%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.