HKG:1148 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	4,712	6,082	5,341	1,652	1,463
Revenue Growth (YoY)	-22.53%	13.88%	223.20%	12.97%	-14.56%
Cost of Revenue	4,526	5,899	5,165	1,550	1,386
Gross Profit	186.04	183.56	175.87	102.39	76.44
Selling, General & Admin	137.79	182.72	143.43	156.25	216.52
Other Operating Expenses	24.89	33.78	54.49	12.61	16.62
Operating Expenses	160.85	206.24	203.38	191.34	324.31
Operating Income	25.19	-22.68	-27.51	-88.95	-247.87
Interest Expense	-38.02	-47.75	-57.31	-62.35	-58.37
Interest & Investment Income	-	3.65	3.76	4.64	6.51
Earnings From Equity Investments	-22.08	-20.15	80.61	-17.41	-
Currency Exchange Gain (Loss)	-	-	0.08	-9.95	3.95
Other Non Operating Income (Expenses)	64.32	46.31	47.88	20.77	10.66
EBT Excluding Unusual Items	29.41	-40.63	47.52	-153.24	-285.12
Gain (Loss) on Sale of Assets	-	-1.21	1.95	21.03	-0.01
Other Unusual Items	-	84.22	-0.96	21.48	-114.53
Pretax Income	29.41	42.38	48.52	-110.73	-399.66
Income Tax Expense	9.25	4.21	7.44	5.1	-6.89
Net Income	20.16	38.17	41.07	-115.83	-392.77
Net Income to Common	20.16	38.17	41.07	-115.83	-392.77
Net Income Growth	-47.19%	-7.06%	-	-	-
Shares Outstanding (Basic)	1,260	1,282	1,282	1,282	1,282
Shares Outstanding (Diluted)	1,260	1,282	1,282	1,282	1,282
Shares Change (YoY)	-1.75%	-	-	-	-
EPS (Basic)	0.02	0.03	0.03	-0.09	-0.31
EPS (Diluted)	0.02	0.03	0.03	-0.09	-0.31
EPS Growth	-46.25%	-6.97%	-	-	-
Free Cash Flow	-	266.98	195.35	-239.31	-116.78
Free Cash Flow Per Share	-	0.21	0.15	-0.19	-0.09
Dividend Per Share	-	0.009	-	-	-
Gross Margin	3.95%	3.02%	3.29%	6.20%	5.22%
Operating Margin	0.53%	-0.37%	-0.52%	-5.38%	-16.95%
Profit Margin	0.43%	0.63%	0.77%	-7.01%	-26.85%
Free Cash Flow Margin	-	4.39%	3.66%	-14.48%	-7.98%
EBITDA	119.21	71.35	66.7	27.14	-2.43
EBITDA Margin	2.53%	1.17%	1.25%	1.64%	-0.17%
D&A For EBITDA	94.03	94.03	94.21	116.09	245.44
EBIT	25.19	-22.68	-27.51	-88.95	-247.87
EBIT Margin	0.53%	-0.37%	-0.52%	-5.38%	-16.95%
Effective Tax Rate	31.45%	9.93%	15.34%	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.