HKG:1237 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	479.55	409.62	297.53	465.04	608.07
Revenue Growth (YoY)	17.07%	37.67%	-36.02%	-23.52%	23.44%
Cost of Revenue	444.54	359.9	277.35	411.16	486.39
Gross Profit	35.01	49.72	20.18	53.87	121.68
Selling, General & Admin	58.91	52.82	46.49	83.56	109.02
Other Operating Expenses	-6.7	-6.94	-7.85	-7.83	-11.99
Operating Expenses	39.9	50.42	39.81	69.98	94.5
Operating Income	-4.89	-0.7	-19.63	-16.1	27.19
Interest Expense	-6.84	-3.86	-1.36	-1.01	-1.25
Interest & Investment Income	51.99	23.23	16.92	7.99	3.8
Currency Exchange Gain (Loss)	12.72	-21.82	10.3	-1.63	4.64
Other Non Operating Income (Expenses)	-1.31	-1.22	-9.48	3.51	2.47
EBT Excluding Unusual Items	51.67	-4.37	-3.25	-7.24	36.84
Gain (Loss) on Sale of Investments	0.05	0.16	0.55	-0.47	1.23
Gain (Loss) on Sale of Assets	-0.63	0	0.81	0.57	0.1
Pretax Income	51.09	-4.2	-1.9	-7.14	38.17
Income Tax Expense	6.39	-7.18	0.47	-0.36	-10.15
Earnings From Continuing Operations	44.7	2.98	-2.36	-6.78	48.32
Earnings From Discontinued Operations	-	-	-	-	-0.61
Net Income to Company	44.7	2.98	-2.36	-6.78	47.71
Minority Interest in Earnings	-	-	-	0.23	-0.62
Net Income	44.7	2.98	-2.36	-6.56	47.09
Net Income to Common	44.7	2.98	-2.36	-6.56	47.09
Net Income Growth	1398.53%	-	-	-	-
Shares Outstanding (Basic)	94	92	92	87	82
Shares Outstanding (Diluted)	94	92	92	87	82
Shares Change (YoY)	1.79%	-	5.62%	5.80%	13.48%
EPS (Basic)	0.48	0.03	-0.03	-0.08	0.57
EPS (Diluted)	0.48	0.03	-0.03	-0.08	0.57
EPS Growth	1488.82%	-	-	-	-
Free Cash Flow	-	22.33	20.33	197.8	-49.08
Free Cash Flow Per Share	-	0.24	0.22	2.27	-0.59
Gross Margin	7.30%	12.14%	6.78%	11.58%	20.01%
Operating Margin	-1.02%	-0.17%	-6.60%	-3.46%	4.47%
Profit Margin	9.32%	0.73%	-0.80%	-1.41%	7.74%
Free Cash Flow Margin	-	5.45%	6.83%	42.53%	-8.07%
EBITDA	24.11	28.3	11.84	17.36	63.51
EBITDA Margin	5.03%	6.91%	3.98%	3.73%	10.44%
D&A For EBITDA	29	29	31.47	33.46	36.32
EBIT	-4.89	-0.7	-19.63	-16.1	27.19
EBIT Margin	-1.02%	-0.17%	-6.60%	-3.46%	4.47%
Effective Tax Rate	12.50%	-	-	-	-

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