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	Mar '26 Mar 31, 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	295,728	294,916	339,788	343,074	328,978	335,640
Other Revenue	-	-	-	-	15,555	-
Revenue	295,728	294,916	339,788	343,074	344,533	335,640
Revenue Growth	-7.93%	-13.21%	-0.96%	-0.42%	2.65%	43.89%
Cost of Revenue	191,281	189,794	219,679	214,152	210,610	223,577
Gross Profit	104,447	105,122	120,109	128,922	133,923	112,063
Selling, General & Admin	11,604	11,907	11,498	10,237	10,108	9,700
Research & Development	2,946	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	31,510	31,728	32,472	31,623	35,222	29,110
Operating Income	72,937	73,394	87,637	97,299	98,701	82,953
Interest Expense	-1,833	-1,871	-2,023	-1,930	-877	-2,205
Interest & Investment Income	2,116	2,287	2,773	2,634	2,420	2,492
Earnings From Equity Investments	3,265	3,762	4,345	3,565	-	-874
Currency Exchange Gain (Loss)	-221	-221	-15	-85	-	115
Other Non Operating Income (Expenses)	3,426	3,951	-4,880	-5,812	-2,069	-2,855
EBT Excluding Unusual Items	79,690	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	79,450	81,062	87,330	92,776	96,247	78,945
Income Tax Expense	16,538	16,559	17,005	17,584	14,551	18,161
Earnings From Continuing Operations	62,912	64,503	70,325	75,192	81,696	60,784
Minority Interest in Earnings	-10,183	-10,285	-10,781	-10,567	-12,048	-9,362
Net Income	52,729	54,218	59,544	64,625	69,648	51,422
Net Income to Common	52,729	54,218	59,544	64,625	69,648	51,422
Net Income Growth	-5.19%	-8.95%	-7.86%	-7.21%	35.44%	43.44%
Shares Outstanding (Basic)	19,928	19,869	19,869	19,869	19,871	19,869
Shares Outstanding (Diluted)	19,928	19,869	19,869	19,869	19,871	19,869
Shares Change	5.24%	-	-	-0.01%	0.01%	-0.10%
EPS (Basic)	2.65	2.73	3.00	3.25	3.50	2.59
EPS (Diluted)	2.65	2.73	3.00	3.25	3.50	2.59
EPS Growth	-9.91%	-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	Mar '26 Mar 31, 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	27,381	28,385	54,272	53,584	81,050	71,339
Free Cash Flow Per Share	1.37	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	-11.06%	-11.06%	0%	-11.37%	0.39%	40.33%
Gross Margin	35.32%	35.64%	35.35%	37.58%	38.87%	33.39%
Operating Margin	24.66%	24.89%	25.79%	28.36%	28.65%	24.71%
Profit Margin	17.83%	18.38%	17.52%	18.84%	20.21%	15.32%
Free Cash Flow Margin	9.26%	9.63%	15.97%	15.62%	23.52%	21.25%
EBITDA	95,108	95,576	109,865	118,563	119,971	102,611
EBITDA Margin	32.16%	32.41%	32.33%	34.56%	34.82%	30.57%
D&A For EBITDA	22,171	22,182	22,228	21,264	21,270	19,658
EBIT	72,937	73,394	87,637	97,299	98,701	82,953
EBIT Margin	24.66%	24.89%	25.79%	28.36%	28.65%	24.71%
Effective Tax Rate	20.82%	20.43%	19.47%	18.95%	15.12%	23.00%