HKG:1301 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	377.31	370.56	277.86	345.39	429.2
Revenue Growth (YoY)	1.82%	33.36%	-19.55%	-19.53%	13.27%
Cost of Revenue	249.55	246.68	192.6	241.53	288.78
Gross Profit	127.76	123.88	85.26	103.86	140.42
Selling, General & Admin	156.22	138.42	136.45	140	152.13
Other Operating Expenses	-2.72	-1.79	-4.94	-4.44	-3.12
Operating Expenses	153.12	127.88	120.22	165.33	142.66
Operating Income	-25.36	-4	-34.95	-61.47	-2.24
Interest Expense	-0.08	-0.26	-0.6	-0.47	-1.23
Interest & Investment Income	7.24	10.83	12.29	16.54	16.53
Earnings From Equity Investments	2.13	1.82	2	1.38	2.64
Currency Exchange Gain (Loss)	0.19	-1.96	-0.1	-1.62	0.34
Other Non Operating Income (Expenses)	-	-	-	-	0.11
EBT Excluding Unusual Items	-15.88	6.43	-21.37	-45.63	16.15
Gain (Loss) on Sale of Investments	-	0.24	0.72	0.68	-1.64
Gain (Loss) on Sale of Assets	-0.07	-0.32	0.82	1.05	0.74
Pretax Income	-15.95	6.36	-19.83	-43.91	15.25
Income Tax Expense	0.04	1.95	4.03	-3.12	4.59
Net Income	-15.98	4.41	-23.86	-40.79	10.66
Net Income to Common	-15.98	4.41	-23.86	-40.79	10.66
Shares Outstanding (Basic)	627	639	639	639	635
Shares Outstanding (Diluted)	627	639	639	639	653
Shares Change (YoY)	-1.89%	-0.10%	-	-2.01%	4.92%
EPS (Basic)	-0.03	0.01	-0.04	-0.06	0.02
EPS (Diluted)	-0.03	0.01	-0.04	-0.06	0.02
Free Cash Flow	-	-89.27	-52.98	9.85	-3.84
Free Cash Flow Per Share	-	-0.14	-0.08	0.01	-0.01
Dividend Per Share	-	-	-	-	0.010
Gross Margin	33.86%	33.43%	30.69%	30.07%	32.72%
Operating Margin	-6.72%	-1.08%	-12.58%	-17.80%	-0.52%
Profit Margin	-4.24%	1.19%	-8.59%	-11.81%	2.48%
Free Cash Flow Margin	-	-24.09%	-19.07%	2.85%	-0.89%
EBITDA	-18.37	2.99	-27.07	-53.49	6.77
EBITDA Margin	-4.87%	0.81%	-9.74%	-15.49%	1.58%
D&A For EBITDA	6.99	6.99	7.89	7.98	9.01
EBIT	-25.36	-4	-34.95	-61.47	-2.24
EBIT Margin	-6.72%	-1.08%	-12.58%	-17.80%	-0.52%
Effective Tax Rate	-	30.60%	-	-	30.09%

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