HKG:1112 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	14,354	13,052	13,926	12,776	11,548
Revenue Growth (YoY)	9.98%	-6.28%	9.01%	10.63%	3.16%
Cost of Revenue	5,390	5,136	5,454	5,048	4,251
Gross Profit	8,964	7,916	8,473	7,728	7,296
Selling, General & Admin	7,066	6,349	6,448	5,963	5,640
Other Operating Expenses	591.53	266.38	228.55	210.14	330.72
Operating Expenses	7,658	6,619	6,680	6,173	5,971
Operating Income	1,306	1,296	1,793	1,555	1,325
Interest Expense	-901.3	-868.11	-744.7	-493.81	-285.14
Interest & Investment Income	17.22	20.57	30.23	20.02	11.88
Earnings From Equity Investments	-20.7	-23.04	-17.19	-21.63	0.93
Currency Exchange Gain (Loss)	17.4	-176.79	-4.77	76.67	-146.71
Other Non Operating Income (Expenses)	36.41	141.96	134.05	91.35	77.9
EBT Excluding Unusual Items	454.75	390.82	1,191	1,227	984.08
Merger & Restructuring Charges	-	-	-178.6	-24.3	-75.55
Impairment of Goodwill	-	-108.34	-55.67	-109.06	-76
Gain (Loss) on Sale of Investments	1.63	-	-	-	-
Gain (Loss) on Sale of Assets	-	-4.51	-2.68	-4.67	-0.92
Asset Writedown	106.5	-28.7	-12.21	-54.9	-
Other Unusual Items	0.21	-52.47	-7.96	-3.47	18.6
Pretax Income	563.1	196.79	933.6	1,031	850.21
Income Tax Expense	366.96	250.51	351.76	419.15	341.73
Earnings From Continuing Operations	196.14	-53.72	581.85	611.78	508.48
Net Income	196.14	-53.72	581.85	611.78	508.48
Net Income to Common	196.14	-53.72	581.85	611.78	508.48
Net Income Growth	-	-	-4.89%	20.32%	-55.27%
Shares Outstanding (Basic)	642	641	640	640	645
Shares Outstanding (Diluted)	642	641	645	644	646
Shares Change (YoY)	0.08%	-0.56%	0.08%	-0.21%	-0.14%
EPS (Basic)	0.31	-0.08	0.91	0.96	0.79
EPS (Diluted)	0.31	-0.08	0.90	0.95	0.79
EPS Growth	-	-	-5.26%	20.46%	-55.19%
Free Cash Flow	1,488	1,290	1,039	1,424	1,837
Free Cash Flow Per Share	2.32	2.01	1.61	2.21	2.85
Dividend Per Share	31.452	0.329	0.563	0.557	0.440
Dividend Growth	9462.93%	-41.56%	0.99%	26.67%	-48.78%
Gross Margin	62.45%	60.65%	60.84%	60.49%	63.18%
Operating Margin	9.10%	9.93%	12.88%	12.17%	11.48%
Profit Margin	1.37%	-0.41%	4.18%	4.79%	4.40%
Free Cash Flow Margin	10.37%	9.88%	7.46%	11.15%	15.91%
EBITDA	1,570	1,534	2,034	1,802	1,557
EBITDA Margin	10.94%	11.75%	14.61%	14.10%	13.48%
D&A For EBITDA	264.77	237.86	240.89	246.87	231.93
EBIT	1,306	1,296	1,793	1,555	1,325
EBIT Margin	9.10%	9.93%	12.88%	12.17%	11.48%
Effective Tax Rate	65.17%	127.30%	37.68%	40.66%	40.19%

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