HKG:1088 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	319,296	294,916	339,788	343,074	328,978	335,640
Other Revenue	-	-	-	-	15,555	-
Revenue	319,296	294,916	339,788	343,074	344,533	335,640
Revenue Growth	-10.30%	-13.21%	-0.96%	-0.42%	2.65%	43.89%
Cost of Revenue	209,655	189,794	219,679	214,152	210,610	223,577
Gross Profit	109,641	105,122	120,109	128,922	133,923	112,063
Selling, General & Admin	11,490	11,907	11,498	10,237	10,108	9,700
Research & Development	2,794	2,854	2,740	3,007	3,722	2,499
Other Operating Expenses	16,978	16,978	18,217	18,385	20,022	16,890
Operating Expenses	31,387	31,728	32,472	31,623	35,222	29,110
Operating Income	78,254	73,394	87,637	97,299	98,701	82,953
Interest Expense	-2,307	-1,871	-2,023	-1,930	-877	-2,205
Interest & Investment Income	1,885	2,287	2,773	2,634	2,420	2,492
Earnings From Equity Investments	2,760	3,762	4,345	3,565	-	-874
Currency Exchange Gain (Loss)	-221	-221	-15	-85	-	115
Other Non Operating Income (Expenses)	2,891	3,951	-4,880	-5,812	-2,069	-2,855
EBT Excluding Unusual Items	83,262	81,302	87,837	95,671	98,175	79,626
Impairment of Goodwill	-	-	-	-30	-56	-36
Gain (Loss) on Sale of Investments	1	1	-9	-	-	-60
Gain (Loss) on Sale of Assets	-102	-102	461	108	261	337
Asset Writedown	-139	-139	-959	-2,973	-2,833	-922
Other Unusual Items	-	-	-	-	700	-
Pretax Income	83,022	81,062	87,330	92,776	96,247	78,945
Income Tax Expense	17,510	16,559	17,005	17,584	14,551	18,161
Earnings From Continuing Operations	65,512	64,503	70,325	75,192	81,696	60,784
Minority Interest in Earnings	-10,313	-10,285	-10,781	-10,567	-12,048	-9,362
Net Income	55,199	54,218	59,544	64,625	69,648	51,422
Net Income to Common	55,199	54,218	59,544	64,625	69,648	51,422
Net Income Growth	-4.67%	-8.95%	-7.86%	-7.21%	35.44%	43.44%
Shares Outstanding (Basic)	20,124	19,869	19,869	19,869	19,871	19,869
Shares Outstanding (Diluted)	20,124	19,869	19,869	19,869	19,871	19,869
Shares Change	-3.52%	-	-	-0.01%	0.01%	-0.10%
EPS (Basic)	2.74	2.73	3.00	3.25	3.50	2.59
EPS (Diluted)	2.74	2.73	3.00	3.25	3.50	2.59
EPS Growth	-1.19%	-8.95%	-7.86%	-7.20%	35.43%	43.58%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	39,490	28,385	54,272	53,584	81,050	71,339
Free Cash Flow Per Share	1.96	1.43	2.73	2.70	4.08	3.59
Dividend Per Share	2.010	2.010	2.260	2.260	2.550	2.540
Dividend Growth	-37.96%	-11.06%	0%	-11.37%	0.39%	40.33%
Gross Margin	34.34%	35.64%	35.35%	37.58%	38.87%	33.39%
Operating Margin	24.51%	24.89%	25.79%	28.36%	28.65%	24.71%
Profit Margin	17.29%	18.38%	17.52%	18.84%	20.21%	15.32%
Free Cash Flow Margin	12.37%	9.63%	15.97%	15.62%	23.52%	21.25%
EBITDA	100,402	95,576	109,865	118,563	119,971	102,611
EBITDA Margin	31.45%	32.41%	32.33%	34.56%	34.82%	30.57%
D&A For EBITDA	22,148	22,182	22,228	21,264	21,270	19,658
EBIT	78,254	73,394	87,637	97,299	98,701	82,953
EBIT Margin	24.51%	24.89%	25.79%	28.36%	28.65%	24.71%
Effective Tax Rate	21.09%	20.43%	19.47%	18.95%	15.12%	23.00%