HKG:1272 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	5,401	5,771	5,720	5,323	5,288
Revenue Growth (YoY)	-6.41%	0.89%	7.47%	0.65%	-22.47%
Cost of Revenue	4,210	4,541	4,575	4,533	4,947
Gross Profit	1,190	1,229	1,145	789.42	341.43
Selling, General & Admin	481.29	487.17	450.63	406.52	496.85
Operating Expenses	521.05	521.38	480.24	422.03	517.26
Operating Income	669.37	708.07	664.78	367.39	-175.83
Interest Expense	-85.97	-144.62	-176.32	-199.34	-221.96
Interest & Investment Income	-	10.03	9.18	8.74	8.52
Currency Exchange Gain (Loss)	-	0.52	1.68	10.88	-4.29
Other Non Operating Income (Expenses)	117.93	122.39	84.48	118.22	84.35
EBT Excluding Unusual Items	701.32	696.38	583.8	305.89	-309.21
Gain (Loss) on Sale of Assets	-	-53.67	33.83	-0.17	-24.36
Legal Settlements	-	-	-	-8.93	-44.65
Other Unusual Items	-	12.4	-	-	-
Pretax Income	701.32	655.11	617.63	296.8	-378.21
Income Tax Expense	108.33	102.67	114.06	58.67	65.06
Earnings From Continuing Operations	592.99	552.45	503.57	238.12	-443.27
Minority Interest in Earnings	-19.53	-3.38	18.81	34.3	234.94
Net Income	573.47	549.06	522.38	272.43	-208.33
Net Income to Common	573.47	549.06	522.38	272.43	-208.33
Net Income Growth	4.45%	5.11%	91.75%	-	-
Shares Outstanding (Basic)	3,018	2,968	2,968	2,968	2,968
Shares Outstanding (Diluted)	3,018	2,968	2,968	2,968	2,968
Shares Change (YoY)	1.71%	-	-	-	-
EPS (Basic)	0.19	0.19	0.18	0.09	-0.07
EPS (Diluted)	0.19	0.19	0.18	0.09	-0.07
EPS Growth	2.69%	5.11%	91.75%	-	-
Free Cash Flow	1,637	1,367	1,170	205.62	583.47
Free Cash Flow Per Share	0.54	0.46	0.39	0.07	0.20
Dividend Per Share	-	0.081	0.076	0.050	0.030
Dividend Growth	-	6.58%	52.00%	67.78%	-33.18%
Gross Margin	22.04%	21.30%	20.02%	14.83%	6.46%
Operating Margin	12.39%	12.27%	11.62%	6.90%	-3.33%
Profit Margin	10.62%	9.51%	9.13%	5.12%	-3.94%
Free Cash Flow Margin	30.31%	23.68%	20.45%	3.86%	11.03%
EBITDA	1,325	1,358	1,295	961.56	480.46
EBITDA Margin	24.52%	23.54%	22.64%	18.07%	9.09%
D&A For EBITDA	655.15	650.21	630.5	594.17	656.29
EBIT	669.37	708.07	664.78	367.39	-175.83
EBIT Margin	12.39%	12.27%	11.62%	6.90%	-3.33%
Effective Tax Rate	15.45%	15.67%	18.47%	19.77%	-

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