HKG:1304 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021
Operating Revenue	724.3	599.29	409.98	320.88	329.39	232.9
Other Revenue	1.03	1.03	1.38	2.09	1.01	1.05
Revenue	725.33	600.32	411.36	322.97	330.4	233.95
Revenue Growth (YoY)	28.92%	45.94%	27.37%	-2.25%	41.23%	63.73%
Cost of Revenue	349.77	284.3	192.68	137.77	141.45	117.22
Gross Profit	375.57	316.02	218.68	185.2	188.95	116.73
Selling, General & Admin	83.84	55.97	42.72	34.22	23.54	19.18
Research & Development	161.18	116.73	84.67	63.84	41.01	27.99
Other Operating Expenses	-12.96	-12.54	-6.34	-14.11	-1.12	-1.32
Operating Expenses	232.21	160.16	121.19	83.91	63.48	45.86
Operating Income	143.36	155.86	97.5	101.29	125.47	70.87
Interest Expense	-	-	-	-	-	-0.53
Interest & Investment Income	44.44	50.52	59.43	32.93	8.04	5.2
Currency Exchange Gain (Loss)	-0.78	-0.78	-0.35	2.37	-0.88	0.37
Other Non Operating Income (Expenses)	2.31	-0.62	-0.61	-0.14	0.05	-0.08
EBT Excluding Unusual Items	189.33	204.98	155.97	136.44	132.68	75.83
Gain (Loss) on Sale of Investments	12.45	6.86	-1.36	6.42	-	-
Gain (Loss) on Sale of Assets	0.07	0.07	0.01	0.06	0.01	-
Asset Writedown	-1.14	-0	-0	-	-	-0.01
Other Unusual Items	9.13	9.13	15.76	0.22	3.27	2.72
Pretax Income	209.83	221.04	170.38	143.14	135.96	78.55
Income Tax Expense	4.04	-1.33	-4.47	1.14	0.69	0.2
Net Income	205.8	222.36	174.85	142	135.27	78.35
Net Income to Common	205.8	222.36	174.85	142	135.27	78.35
Net Income Growth	-12.30%	27.18%	23.13%	4.98%	72.64%	123.53%
Shares Outstanding (Basic)	96	92	93	85	69	69
Shares Outstanding (Diluted)	97	93	93	85	69	69
Shares Change (YoY)	4.71%	0.15%	9.45%	21.85%	0.93%	-
EPS (Basic)	2.15	2.41	1.89	1.68	1.95	1.14
EPS (Diluted)	2.13	2.40	1.89	1.68	1.95	1.14
EPS Growth	-16.24%	26.98%	12.50%	-13.85%	71.05%	-
Free Cash Flow	211.02	31.55	86.01	18.75	128.93	85.21
Free Cash Flow Per Share	2.18	0.34	0.93	0.22	1.86	1.24
Dividend Per Share	0.780	0.780	0.610	0.480	0.440	-
Dividend Growth	27.87%	27.87%	27.08%	9.09%	-	-
Gross Margin	51.78%	52.64%	53.16%	57.34%	57.19%	49.90%
Operating Margin	19.76%	25.96%	23.70%	31.36%	37.98%	30.29%
Profit Margin	28.37%	37.04%	42.50%	43.97%	40.94%	33.49%
Free Cash Flow Margin	29.09%	5.25%	20.91%	5.81%	39.02%	36.42%
EBITDA	147.53	160.29	102.27	103.71	126.98	71.55
EBITDA Margin	20.34%	26.70%	24.86%	32.11%	38.43%	30.58%
D&A For EBITDA	4.17	4.43	4.77	2.42	1.51	0.68
EBIT	143.36	155.86	97.5	101.29	125.47	70.87
EBIT Margin	19.76%	25.96%	23.70%	31.36%	37.98%	30.29%
Effective Tax Rate	1.93%	-	-	0.80%	0.51%	0.25%
Revenue as Reported	725.33	600.32	411.36	322.97	330.4	-
Advertising Expenses	-	0.14	0.26	0.29	0.61	-

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