HKG:1209 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	2018 - 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	2018 - 2020
Revenue	17,566	17,043	14,767	12,016	8,875	6,779	Upgrade
Revenue Growth (YoY)	10.27%	15.41%	22.89%	35.39%	30.93%	15.52%	Upgrade
Cost of Revenue	11,513	11,433	10,073	8,405	6,117	4,952	Upgrade
Gross Profit	6,053	5,609	4,694	3,611	2,759	1,827	Upgrade
Selling, General & Admin	1,250	1,266	1,235	1,204	877.06	797.41	Upgrade
Other Operating Expenses	-	-	-	-	-	4.52	Upgrade
Operating Expenses	1,250	1,266	1,235	1,204	877.06	801.93	Upgrade
Operating Income	4,803	4,344	3,460	2,407	1,881	1,025	Upgrade
Interest Expense	-113.3	-115.77	-117.2	-87.22	-75.64	-72.13	Upgrade
Interest & Investment Income	258.14	412.6	395.19	424.58	376.3	15.09	Upgrade
Earnings From Equity Investments	2.98	3.12	2.65	1.22	-1.9	-0.12	Upgrade
Currency Exchange Gain (Loss)	-11.62	-3.28	6.06	-	16.66	48	Upgrade
Other Non Operating Income (Expenses)	-41.79	-4.47	71.77	116.93	69.29	88.16	Upgrade
EBT Excluding Unusual Items	4,898	4,636	3,818	2,862	2,266	1,104	Upgrade
Gain (Loss) on Sale of Investments	156.28	66.92	-	-	28.06	1.09	Upgrade
Gain (Loss) on Sale of Assets	0.07	0.3	3.56	0.45	12.32	28.03	Upgrade
Asset Writedown	19.26	40.7	39.35	43.26	30	1.7	Upgrade
Other Unusual Items	39.89	151.47	50.98	-	-	-	Upgrade
Pretax Income	5,113	4,895	3,912	2,906	2,337	1,135	Upgrade
Income Tax Expense	1,219	1,165	969.48	692.91	610.49	317.22	Upgrade
Earnings From Continuing Operations	3,894	3,730	2,943	2,213	1,726	817.71	Upgrade
Minority Interest in Earnings	-124.08	-100.73	-13.89	-7.12	-1.15	-	Upgrade
Net Income	3,770	3,629	2,929	2,206	1,725	817.71	Upgrade
Net Income to Common	3,770	3,629	2,929	2,206	1,725	817.71	Upgrade
Net Income Growth	9.78%	23.92%	32.76%	27.90%	110.95%	124.07%	Upgrade
Shares Outstanding (Basic)	2,283	2,283	2,283	2,283	2,283	1,687	Upgrade
Shares Outstanding (Diluted)	2,283	2,283	2,283	2,283	2,283	1,687	Upgrade
Shares Change (YoY)	-	-	-	-	35.32%	2.22%	Upgrade
EPS (Basic)	1.65	1.59	1.28	0.97	0.76	0.48	Upgrade
EPS (Diluted)	1.65	1.59	1.28	0.97	0.76	0.48	Upgrade
EPS Growth	9.78%	23.92%	32.76%	27.90%	55.88%	119.20%	Upgrade
Free Cash Flow	-	3,903	2,610	1,777	2,035	896.28	Upgrade
Free Cash Flow Per Share	-	1.71	1.14	0.78	0.89	0.53	Upgrade
Dividend Per Share	1.172	0.922	0.704	0.439	0.276	0.132	Upgrade
Dividend Growth	54.21%	30.97%	60.36%	59.06%	109.09%	-	Upgrade
Gross Margin	34.46%	32.91%	31.79%	30.05%	31.08%	26.95%	Upgrade
Operating Margin	27.35%	25.49%	23.43%	20.03%	21.20%	15.12%	Upgrade
Profit Margin	21.46%	21.30%	19.83%	18.36%	19.43%	12.06%	Upgrade
Free Cash Flow Margin	-	22.90%	17.67%	14.79%	22.93%	13.22%	Upgrade
EBITDA	4,993	4,554	3,658	2,567	1,950	1,075	Upgrade
EBITDA Margin	28.42%	26.72%	24.77%	21.36%	21.98%	15.85%	Upgrade
D&A For EBITDA	189.17	209.92	197.76	159.9	68.88	49.6	Upgrade
EBIT	4,803	4,344	3,460	2,407	1,881	1,025	Upgrade
EBIT Margin	27.35%	25.49%	23.43%	20.03%	21.20%	15.12%	Upgrade
Effective Tax Rate	23.84%	23.80%	24.78%	23.84%	26.13%	27.95%	Upgrade

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