HKG:1427 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,042	2,036	2,717	1,924	2,900	3,369
Revenue Growth (YoY)	-21.27%	-25.06%	41.20%	-33.65%	-13.94%	26.66%
Cost of Revenue	1,983	1,981	2,555	1,809	2,656	2,741
Gross Profit	59.12	54.73	161.91	114.71	243.63	628.1
Selling, General & Admin	76.35	57.89	60.68	67.16	66.43	56.85
Operating Expenses	142.96	124.5	37.41	230.32	110.97	93.22
Operating Income	-83.83	-69.76	124.51	-115.61	132.66	534.88
Interest Expense	-65.88	-73.16	-71.5	-70.87	-57.99	-37.68
Interest & Investment Income	10.93	10.93	12.97	7.93	14.59	14.35
Other Non Operating Income (Expenses)	-10.39	-4.01	-1.32	0.37	-3.64	7.17
EBT Excluding Unusual Items	-149.17	-136	64.66	-178.18	85.62	518.72
Gain (Loss) on Sale of Investments	5.25	-2.91	-20.29	-115.53	-36.82	22.28
Asset Writedown	-1.1	-1.1	-0.1	-72.38	-	-0.7
Pretax Income	-145.02	-140.01	44.28	-366.09	48.8	540.3
Income Tax Expense	28.98	25.55	33.29	-18.75	6.99	208.63
Earnings From Continuing Operations	-174	-165.55	10.99	-347.35	41.81	331.67
Net Income to Company	-174	-165.55	10.99	-347.35	41.81	331.67
Net Income	-174	-165.55	10.99	-347.35	41.81	331.67
Net Income to Common	-174	-165.55	10.99	-347.35	41.81	331.67
Net Income Growth	-	-	-	-	-87.39%	4.39%
Shares Outstanding (Basic)	841	809	809	808	790	795
Shares Outstanding (Diluted)	841	809	809	808	790	795
Shares Change (YoY)	3.90%	-	0.14%	2.37%	-0.62%	26.52%
EPS (Basic)	-0.21	-0.20	0.01	-0.43	0.05	0.42
EPS (Diluted)	-0.21	-0.20	0.01	-0.43	0.05	0.42
EPS Growth	-	-	-	-	-87.32%	-17.49%
Free Cash Flow	35.65	-2.5	-30.64	-166.04	-155.62	218.8
Free Cash Flow Per Share	0.04	-0.00	-0.04	-0.20	-0.20	0.28
Dividend Per Share	-	-	-	-	-	0.042
Gross Margin	2.90%	2.69%	5.96%	5.96%	8.40%	18.64%
Operating Margin	-4.11%	-3.43%	4.58%	-6.01%	4.58%	15.88%
Profit Margin	-8.52%	-8.13%	0.40%	-18.05%	1.44%	9.84%
Free Cash Flow Margin	1.75%	-0.12%	-1.13%	-8.63%	-5.37%	6.49%
EBITDA	-77.26	-64.15	131.05	-107.06	140.91	541.36
EBITDA Margin	-3.78%	-3.15%	4.82%	-5.56%	4.86%	16.07%
D&A For EBITDA	6.57	5.62	6.54	8.54	8.24	6.48
EBIT	-83.83	-69.76	124.51	-115.61	132.66	534.88
EBIT Margin	-4.11%	-3.43%	4.58%	-6.01%	4.58%	15.88%
Effective Tax Rate	-	-	75.18%	-	14.32%	38.61%

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