HKG:1278 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	Jun '26 Jun 30, 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	431.99	388.92	337.37	337.48	305.03	273.04
Other Revenue	-8.12	-	-	-	30.89	-
Revenue	423.87	388.92	337.37	337.48	335.92	273.04
Revenue Growth	22.42%	15.28%	-0.03%	0.47%	23.03%	-30.28%
Cost of Revenue	106.72	80.56	56.25	38.44	152.7	63.4
Gross Profit	317.15	308.36	281.12	299.04	183.21	209.64
Selling, General & Admin	108.47	114.32	112.71	113.39	116.67	115.76
Other Operating Expenses	25.28	18.23	29.94	3.26	25.9	19.65
Operating Expenses	133.65	132.45	127.72	116.59	142.57	135.4
Operating Income	183.5	175.91	153.4	182.45	40.65	74.24
Interest Expense	-103.79	-94.4	-94.4	-91.19	-44.62	-50.96
Interest & Investment Income	12.62	12.62	52.57	47.96	51.19	69.09
Earnings From Equity Investments	-8.55	-8.08	-31.77	-12.35	-9.29	-7.76
Currency Exchange Gain (Loss)	-0.71	-0.71	0.82	-12.21	6.24	-4.72
Other Non Operating Income (Expenses)	24.35	24.35	7.64	84.99	-	15.85
EBT Excluding Unusual Items	107.43	109.7	88.26	199.65	44.17	95.73
Gain (Loss) on Sale of Assets	0.34	0.34	0.01	-0.02	-0	-0.05
Asset Writedown	-	-	-19.63	1.46	12.32	45.77
Pretax Income	107.77	110.03	68.64	201.08	56.49	141.45
Income Tax Expense	27.85	34.33	12.77	49.83	49.02	10.5
Earnings From Continuing Operations	79.92	75.71	55.87	151.26	7.47	130.95
Net Income to Company	79.92	75.71	55.87	151.26	7.47	130.95
Minority Interest in Earnings	-2.91	-2.41	-11.56	-10.4	-4.75	-22.37
Net Income	77.01	73.3	44.32	140.86	2.72	108.58
Net Income to Common	77.01	73.3	44.32	140.86	2.72	108.58
Net Income Growth	86.24%	65.39%	-68.54%	5082.41%	-97.50%	-
Shares Outstanding (Basic)	9,709	9,726	9,726	9,726	9,726	9,726
Shares Outstanding (Diluted)	9,709	9,726	9,726	9,726	9,726	9,726
Shares Change	-0.17%	-	-	-	-	-
EPS (Basic)	0.01	0.01	0.00	0.01	0.00	0.01
EPS (Diluted)	0.01	0.01	0.00	0.01	0.00	0.01
EPS Growth	86.57%	65.39%	-68.54%	5090.68%	-97.50%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-130.31	-177.87	29.4	-20.5	-34.27	422.54
Free Cash Flow Per Share	-0.01	-0.02	0.00	-0.00	-0.00	0.04
Dividend Per Share	0.002	0.004	0.004	0.005	-	-
Dividend Growth	-56.61%	0.52%	-27.90%	-	-	-
Gross Margin	74.82%	79.29%	83.33%	88.61%	54.54%	76.78%
Operating Margin	43.29%	45.23%	45.47%	54.06%	12.10%	27.19%
Profit Margin	18.17%	18.85%	13.14%	41.74%	0.81%	39.77%
Free Cash Flow Margin	-30.74%	-45.73%	8.71%	-6.07%	-10.20%	154.75%
EBITDA	184.72	177.3	154.73	184.9	42.43	76.24
EBITDA Margin	43.58%	45.59%	45.86%	54.79%	12.63%	27.92%
D&A For EBITDA	1.22	1.39	1.33	2.45	1.79	2.01
EBIT	183.5	175.91	153.4	182.45	40.65	74.24
EBIT Margin	43.29%	45.23%	45.47%	54.06%	12.10%	27.19%
Effective Tax Rate	25.84%	31.20%	18.60%	24.78%	86.78%	7.42%
Revenue as Reported	416.87	416.87	412.19	427.39	405.67	367.78
Advertising Expenses	-	1.15	0.68	0.71	0.88	6.68