HKG:1084 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	904.69	989.26	1,174	1,411	947.58
Revenue Growth (YoY)	-8.55%	-15.74%	-16.79%	48.89%	28.29%
Cost of Revenue	737.47	766.8	1,136	1,027	727.27
Gross Profit	167.23	222.46	37.64	384.12	220.31
Selling, General & Admin	136.44	125.21	115.12	104.91	89.15
Other Operating Expenses	-5.09	-11.37	-4.43	-9.62	-6.68
Operating Expenses	132.65	114.82	107.52	95.66	82.47
Operating Income	34.57	107.64	-69.88	288.46	137.85
Interest Expense	-27.73	-29.88	-37.38	-25.64	-17.08
Interest & Investment Income	0.29	0.69	0.4	0.13	0.16
Currency Exchange Gain (Loss)	-	2.53	-5.85	-1.3	-2.19
EBT Excluding Unusual Items	7.12	80.97	-112.71	261.65	118.74
Gain (Loss) on Sale of Investments	-	-	-	0.11	-2.77
Gain (Loss) on Sale of Assets	-	-0.1	-0.18	-0.17	-0.92
Asset Writedown	-	-	-	-	-2.93
Pretax Income	7.12	80.87	-112.89	261.59	112.12
Income Tax Expense	1.75	20	-27.45	61.67	27.45
Earnings From Continuing Operations	5.37	60.88	-85.44	199.92	84.67
Minority Interest in Earnings	1.22	1.29	0.12	-0.69	-0.25
Net Income	6.59	62.17	-85.33	199.23	84.42
Net Income to Common	6.59	62.17	-85.33	199.23	84.42
Net Income Growth	-89.40%	-	-	136.00%	45.50%
Shares Outstanding (Basic)	863	836	828	823	819
Shares Outstanding (Diluted)	863	838	828	831	841
Shares Change (YoY)	3.08%	1.19%	-0.43%	-1.14%	2.34%
EPS (Basic)	0.01	0.07	-0.10	0.24	0.10
EPS (Diluted)	0.01	0.07	-0.10	0.24	0.10
EPS Growth	-89.69%	-	-	139.51%	41.67%
Free Cash Flow	-	82.49	84.75	-69.39	7.16
Free Cash Flow Per Share	-	0.10	0.10	-0.08	0.01
Dividend Per Share	0.011	0.011	-	0.044	0.033
Dividend Growth	-4.36%	-	-	35.72%	-22.60%
Gross Margin	18.48%	22.49%	3.21%	27.23%	23.25%
Operating Margin	3.82%	10.88%	-5.95%	20.45%	14.55%
Profit Margin	0.73%	6.29%	-7.27%	14.12%	8.91%
Free Cash Flow Margin	-	8.34%	7.22%	-4.92%	0.76%
EBITDA	79.6	152.67	-26.06	335.06	177.72
EBITDA Margin	8.80%	15.43%	-2.22%	23.75%	18.75%
D&A For EBITDA	45.03	45.03	43.82	46.6	39.88
EBIT	34.57	107.64	-69.88	288.46	137.85
EBIT Margin	3.82%	10.88%	-5.95%	20.45%	14.55%
Effective Tax Rate	24.62%	24.73%	-	23.57%	24.49%
Advertising Expenses	3.81	3.09	2.6	2.19	-

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