HKG:1452 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	126.41	108.96	126.39	62.79	71.46	64.78
Revenue Growth (YoY)	0.04%	-13.79%	101.29%	-12.13%	10.32%	5.26%
Cost of Revenue	100.47	81.5	101.86	49.4	59.24	49.09
Gross Profit	25.94	27.46	24.53	13.39	12.22	15.69
Selling, General & Admin	52.93	55.45	45.47	33.28	33.53	25.47
Research & Development	7.22	8.05	7.48	5.75	6.89	6.72
Operating Expenses	60.69	64.04	53.06	38.59	40.91	32.64
Operating Income	-34.75	-36.58	-28.54	-25.2	-28.68	-16.95
Interest Expense	-0.75	-0.58	-0.49	-0.26	-0.28	-0.14
Interest & Investment Income	2.18	1.46	1.85	0.32	0.09	0.27
Earnings From Equity Investments	-4.53	-4.53	0.01	0.02	0.09	-0.6
Currency Exchange Gain (Loss)	1.21	0.81	0.42	0.66	-0.32	0.11
Other Non Operating Income (Expenses)	1.23	1.41	0.98	0.04	0.04	-
EBT Excluding Unusual Items	-35.41	-38	-25.77	-24.42	-29.07	-17.31
Gain (Loss) on Sale of Assets	-	-	-0.08	-0.22	8.68	-
Asset Writedown	-	-	-	-	-	-4.58
Other Unusual Items	0.67	0.67	0.42	1.11	0.94	0.5
Pretax Income	-34.73	-37.33	-25.43	-23.53	-19.45	-21.4
Earnings From Continuing Operations	-34.73	-37.33	-25.43	-23.53	-19.45	-21.4
Minority Interest in Earnings	-	-	-	-	7.16	0.37
Net Income	-34.73	-37.33	-25.43	-23.53	-12.3	-21.03
Net Income to Common	-34.73	-37.33	-25.43	-23.53	-12.3	-21.03
Shares Outstanding (Basic)	501	494	494	494	494	494
Shares Outstanding (Diluted)	501	494	494	494	494	494
Shares Change (YoY)	-6.58%	-	-	-	-	-0.26%
EPS (Basic)	-0.07	-0.08	-0.05	-0.05	-0.02	-0.04
EPS (Diluted)	-0.07	-0.08	-0.05	-0.05	-0.02	-0.04
Free Cash Flow	-12.01	-19.78	-4.15	-8	-32.05	-27.05
Free Cash Flow Per Share	-0.02	-0.04	-0.01	-0.02	-0.07	-0.06
Gross Margin	20.52%	25.20%	19.41%	21.32%	17.11%	24.22%
Operating Margin	-27.49%	-33.57%	-22.58%	-40.14%	-40.14%	-26.16%
Profit Margin	-27.47%	-34.26%	-20.12%	-37.48%	-17.21%	-32.46%
Free Cash Flow Margin	-9.50%	-18.15%	-3.28%	-12.74%	-44.85%	-41.75%
EBITDA	-28.68	-30.57	-22.64	-19.26	-23.83	-11.1
EBITDA Margin	-22.68%	-28.05%	-17.91%	-30.67%	-33.35%	-17.14%
D&A For EBITDA	6.07	6.01	5.9	5.94	4.85	5.84
EBIT	-34.75	-36.58	-28.54	-25.2	-28.68	-16.95
EBIT Margin	-27.49%	-33.57%	-22.58%	-40.14%	-40.14%	-26.16%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.