HKG:1171 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	133,962	133,341	141,144	132,789	176,812	108,616
Other Revenue	11,592	11,592	15,528	17,279	48,162	43,375
Revenue	145,555	144,933	156,672	150,068	224,973	151,991
Revenue Growth (YoY)	-3.61%	-7.49%	4.40%	-33.30%	48.02%	-29.30%
Cost of Revenue	104,969	102,468	100,365	89,114	129,750	107,258
Gross Profit	40,585	42,465	56,307	60,954	95,223	44,732
Selling, General & Admin	12,345	12,715	15,418	13,495	15,450	9,834
Research & Development	3,449	3,398	3,499	2,912	2,926	1,140
Other Operating Expenses	6,765	6,753	7,093	6,432	8,065	4,343
Operating Expenses	22,680	22,979	26,410	22,791	26,452	15,361
Operating Income	17,905	19,486	29,897	38,163	68,771	29,372
Interest Expense	-4,128	-4,096	-4,408	-4,503	-7,464	-5,319
Interest & Investment Income	5,689	2,822	3,381	3,098	4,408	2,616
Currency Exchange Gain (Loss)	-226.86	-226.86	739.95	154.01	648.5	443.57
Other Non Operating Income (Expenses)	-1,088	-536.47	-1,059	-274.9	-2,103	-1,723
EBT Excluding Unusual Items	18,151	17,449	28,552	36,637	64,260	25,388
Impairment of Goodwill	-	-	-	-	-31.54	-8.2
Gain (Loss) on Sale of Investments	-3.06	-4.02	-57.09	89.9	-117.13	-129.4
Gain (Loss) on Sale of Assets	1,062	1,058	519.78	1.15	47.85	72.55
Asset Writedown	52.64	-	-121.82	-6.58	-2,188	-1,458
Other Unusual Items	-704.17	-705.97	-698.41	-153.2	-291.51	-2.95
Pretax Income	18,559	17,798	28,195	36,568	61,680	23,862
Income Tax Expense	3,754	4,199	6,761	9,857	16,112	5,474
Earnings From Continuing Operations	14,805	13,598	21,434	26,712	45,568	18,388
Minority Interest in Earnings	-5,252	-5,217	-6,571	-6,568	-12,211	-2,129
Net Income	9,554	8,381	14,863	20,144	33,357	16,259
Net Income to Common	9,554	8,381	14,863	20,144	33,357	16,259
Net Income Growth	-31.20%	-43.61%	-26.22%	-39.61%	105.16%	128.30%
Shares Outstanding (Basic)	9,980	9,990	9,897	9,548	9,523	9,493
Shares Outstanding (Diluted)	10,005	10,024	9,968	9,600	9,591	9,503
Shares Change (YoY)	-0.73%	0.56%	3.83%	0.10%	0.92%	-0.16%
EPS (Basic)	0.96	0.84	1.50	2.11	3.50	1.71
EPS (Diluted)	0.95	0.84	1.49	2.10	3.48	1.71
EPS Growth	-30.70%	-43.93%	-28.94%	-39.67%	103.29%	128.67%
Free Cash Flow	2,844	963.97	7,301	-2,032	38,329	25,741
Free Cash Flow Per Share	0.28	0.10	0.73	-0.21	4.00	2.71
Dividend Per Share	0.500	0.500	0.770	1.146	1.574	0.821
Dividend Growth	-35.07%	-35.07%	-32.82%	-27.19%	91.87%	166.66%
Gross Margin	27.88%	29.30%	35.94%	40.62%	42.33%	29.43%
Operating Margin	12.30%	13.44%	19.08%	25.43%	30.57%	19.32%
Profit Margin	6.56%	5.78%	9.49%	13.42%	14.83%	10.70%
Free Cash Flow Margin	1.95%	0.66%	4.66%	-1.35%	17.04%	16.94%
EBITDA	34,279	35,930	46,624	52,699	82,771	39,787
EBITDA Margin	23.55%	24.79%	29.76%	35.12%	36.79%	26.18%
D&A For EBITDA	16,373	16,444	16,727	14,536	14,000	10,415
EBIT	17,905	19,486	29,897	38,163	68,771	29,372
EBIT Margin	12.30%	13.44%	19.08%	25.43%	30.57%	19.32%
Effective Tax Rate	20.23%	23.59%	23.98%	26.95%	26.12%	22.94%
Revenue as Reported	145,555	144,933	156,672	150,068	224,973	151,991

Source: S&P Global Market Intelligence. Standard template. Financial Sources.