HKG:1148 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	6,267	6,082	5,341	1,652	1,463	1,712
Revenue Growth (YoY)	9.75%	13.88%	223.20%	12.97%	-14.56%	-17.54%
Cost of Revenue	6,061	5,899	5,165	1,550	1,386	1,589
Gross Profit	206.08	183.56	175.87	102.39	76.44	122.93
Selling, General & Admin	188.48	182.72	143.43	156.25	216.52	174.59
Other Operating Expenses	26.82	33.78	54.49	12.61	16.62	16.04
Operating Expenses	216.97	206.24	203.38	191.34	324.31	440.89
Operating Income	-10.9	-22.68	-27.51	-88.95	-247.87	-317.96
Interest Expense	-39.81	-47.75	-57.31	-62.35	-58.37	-62.97
Interest & Investment Income	3.83	3.65	3.76	4.64	6.51	9.2
Earnings From Equity Investments	-7.9	-20.15	80.61	-17.41	-	-
Currency Exchange Gain (Loss)	0.01	-	0.08	-9.95	3.95	19.56
Other Non Operating Income (Expenses)	47.68	46.31	47.88	20.77	10.66	18.94
EBT Excluding Unusual Items	-7.09	-40.63	47.52	-153.24	-285.12	-333.24
Gain (Loss) on Sale of Assets	-3.48	-1.21	1.95	21.03	-0.01	0.1
Other Unusual Items	46.88	84.22	-0.96	21.48	-114.53	-463.56
Pretax Income	36.31	42.38	48.52	-110.73	-399.66	-796.7
Income Tax Expense	3.78	4.21	7.44	5.1	-6.89	11.94
Net Income	32.54	38.17	41.07	-115.83	-392.77	-808.64
Net Income to Common	32.54	38.17	41.07	-115.83	-392.77	-808.64
Net Income Growth	-21.51%	-7.06%	-	-	-	-
Shares Outstanding (Basic)	1,282	1,282	1,282	1,282	1,282	1,282
Shares Outstanding (Diluted)	1,282	1,282	1,282	1,282	1,282	1,282
EPS (Basic)	0.03	0.03	0.03	-0.09	-0.31	-0.63
EPS (Diluted)	0.03	0.03	0.03	-0.09	-0.31	-0.63
EPS Growth	-21.43%	-6.97%	-	-	-	-
Free Cash Flow	221.8	266.98	195.35	-239.31	-116.78	530.63
Free Cash Flow Per Share	0.17	0.21	0.15	-0.19	-0.09	0.41
Dividend Per Share	0.009	0.009	-	-	-	-
Gross Margin	3.29%	3.02%	3.29%	6.20%	5.22%	7.18%
Operating Margin	-0.17%	-0.37%	-0.52%	-5.38%	-16.95%	-18.57%
Profit Margin	0.52%	0.63%	0.77%	-7.01%	-26.85%	-47.23%
Free Cash Flow Margin	3.54%	4.39%	3.66%	-14.48%	-7.98%	31.00%
EBITDA	77.46	71.35	66.7	27.14	-2.43	-58.63
EBITDA Margin	1.24%	1.17%	1.25%	1.64%	-0.17%	-3.42%
D&A For EBITDA	88.36	94.03	94.21	116.09	245.44	259.33
EBIT	-10.9	-22.68	-27.51	-88.95	-247.87	-317.96
EBIT Margin	-0.17%	-0.37%	-0.52%	-5.38%	-16.95%	-18.57%
Effective Tax Rate	10.39%	9.93%	15.34%	-	-	-

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