HKG:1368 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	14,151	13,577	12,743	12,930	10,013
Revenue Growth (YoY)	4.23%	6.55%	-1.45%	29.13%	22.53%
Cost of Revenue	8,088	7,712	7,412	7,639	5,842
Gross Profit	6,063	5,865	5,331	5,292	4,171
Selling, General & Admin	4,562	4,293	3,957	4,144	3,081
Other Operating Expenses	-464.02	-332.58	-334.27	-252.45	-215.12
Operating Expenses	4,098	3,961	3,623	3,892	2,865
Operating Income	1,965	1,905	1,709	1,400	1,306
Interest Expense	-119.37	-129.43	-177.09	-108.14	-77.2
Interest & Investment Income	76.66	75.27	109.9	89.72	110.62
Earnings From Equity Investments	54.43	33.4	14.74	-12.11	-46.16
Other Non Operating Income (Expenses)	-3.75	-5.25	-2.36	-8.54	-7.34
EBT Excluding Unusual Items	1,973	1,879	1,654	1,361	1,286
Merger & Restructuring Charges	-	-2.06	-	-	-
Gain (Loss) on Sale of Assets	-	19.96	20	-	-
Asset Writedown	-	-	-	-	-13.7
Other Unusual Items	-	4.97	-	-	-
Pretax Income	1,973	1,901	1,674	1,361	1,287
Income Tax Expense	601.84	595.91	416.32	448.71	397.43
Earnings From Continuing Operations	1,372	1,306	1,257	912.28	889.39
Earnings From Discontinued Operations	-	-67.1	-224.34	-	-
Net Income to Company	1,372	1,238	1,033	912.28	889.39
Minority Interest in Earnings	-	-	-3.04	9.42	18.95
Net Income	1,372	1,238	1,030	921.69	908.34
Net Income to Common	1,372	1,238	1,030	921.69	908.34
Net Income Growth	10.75%	20.23%	11.75%	1.47%	77.05%
Shares Outstanding (Basic)	2,671	2,545	2,527	2,518	2,499
Shares Outstanding (Diluted)	2,944	2,655	2,636	2,581	2,558
Shares Change (YoY)	10.88%	0.73%	2.15%	0.90%	2.88%
EPS (Basic)	0.51	0.49	0.41	0.37	0.36
EPS (Diluted)	0.48	0.47	0.40	0.36	0.36
EPS Growth	1.46%	19.95%	10.85%	0.56%	72.05%
Free Cash Flow	688.29	909.58	866.41	197.68	286.98
Free Cash Flow Per Share	0.23	0.34	0.33	0.08	0.11
Dividend Per Share	0.248	0.230	0.199	0.175	0.207
Dividend Growth	7.83%	15.58%	13.71%	-15.46%	76.92%
Gross Margin	42.84%	43.20%	41.84%	40.92%	41.66%
Operating Margin	13.89%	14.03%	13.41%	10.83%	13.04%
Profit Margin	9.69%	9.12%	8.08%	7.13%	9.07%
Free Cash Flow Margin	4.86%	6.70%	6.80%	1.53%	2.87%
EBITDA	2,138	2,093	1,871	1,534	1,392
EBITDA Margin	15.11%	15.42%	14.69%	11.86%	13.90%
D&A For EBITDA	172.55	188.77	162.86	133.74	86.55
EBIT	1,965	1,905	1,709	1,400	1,306
EBIT Margin	13.89%	14.03%	13.41%	10.83%	13.04%
Effective Tax Rate	30.50%	31.34%	24.87%	32.97%	30.89%
Advertising Expenses	1,825	1,813	1,693	1,537	1,020

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.