HKG:1393 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	1,939	2,174	2,449	4,284	2,840
Revenue Growth (YoY)	-10.81%	-11.22%	-42.84%	50.87%	110.58%
Cost of Revenue	1,764	2,033	2,178	2,499	1,510
Gross Profit	175.69	141.49	270.85	1,785	1,330
Selling, General & Admin	446.11	462.38	532.05	687.26	431
Operating Expenses	446.11	462.38	532.05	687.26	431
Operating Income	-270.41	-320.9	-261.2	1,098	898.63
Interest Expense	-310.94	-279.4	-259.06	-246.51	-250.91
Interest & Investment Income	26.7	17.28	15.57	10.22	5.55
Earnings From Equity Investments	-52.71	-38.82	-225.73	-41.68	-57.15
Currency Exchange Gain (Loss)	37.43	-30.1	-108.79	-140.36	34.96
Other Non Operating Income (Expenses)	-46.37	36.58	-443.1	72.4	-34.34
EBT Excluding Unusual Items	-616.3	-615.36	-1,282	752.24	596.74
Impairment of Goodwill	-1.43	-0.17	-	-	-
Gain (Loss) on Sale of Investments	-	-	-0.08	-24.24	-
Gain (Loss) on Sale of Assets	-3.08	-2.16	-28.55	-120.87	-79.97
Legal Settlements	-	-	-9.6	-	-
Other Unusual Items	1.28	0.98	588.37	9.03	55.66
Pretax Income	-619.53	-616.72	-732.16	616.17	572.43
Income Tax Expense	3.56	19.22	18.22	78.84	-72.01
Earnings From Continuing Operations	-623.08	-635.94	-750.38	537.33	644.44
Minority Interest in Earnings	0.05	1.58	4.19	-0.65	0.71
Net Income	-623.03	-634.36	-746.19	536.68	645.15
Net Income to Common	-623.03	-634.36	-746.19	536.68	645.15
Net Income Growth	-	-	-	-16.81%	-
Shares Outstanding (Basic)	4,605	4,605	3,981	2,046	2,046
Shares Outstanding (Diluted)	4,605	4,605	3,981	2,046	2,046
Shares Change (YoY)	-	15.68%	94.62%	-	-
EPS (Basic)	-0.14	-0.14	-0.19	0.26	0.32
EPS (Diluted)	-0.14	-0.14	-0.19	0.26	0.32
EPS Growth	-	-	-	-16.81%	-
Free Cash Flow	-	53.13	23.01	289.74	86.43
Free Cash Flow Per Share	-	0.01	0.01	0.14	0.04
Gross Margin	9.06%	6.51%	11.06%	41.67%	46.82%
Operating Margin	-13.94%	-14.76%	-10.66%	25.63%	31.64%
Profit Margin	-32.13%	-29.18%	-30.47%	12.53%	22.72%
Free Cash Flow Margin	-	2.44%	0.94%	6.76%	3.04%
EBITDA	22.9	-27.58	4.41	1,451	1,056
EBITDA Margin	1.18%	-1.27%	0.18%	33.87%	37.19%
D&A For EBITDA	293.32	293.32	265.61	353.09	157.32
EBIT	-270.41	-320.9	-261.2	1,098	898.63
EBIT Margin	-13.94%	-14.76%	-10.66%	25.63%	31.64%
Effective Tax Rate	-	-	-	12.80%	-

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