HKG:1497 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
Operating Revenue	2,001	2,050	1,964	1,730	1,507
Revenue	2,001	2,050	1,964	1,730	1,507
Revenue Growth (YoY)	-2.41%	4.37%	13.54%	14.79%	15.82%
Cost of Revenue	929.67	1,037	969.32	851.69	780.21
Gross Profit	1,071	1,013	994.92	878.25	726.78
Selling, General & Admin	808.01	810.12	722.79	615.42	506.97
Research & Development	25.51	28.54	26.38	24.32	18.98
Other Operating Expenses	-52.85	-31.95	-26.66	-23.97	-28.28
Operating Expenses	780.67	806.71	722.52	615.78	497.68
Operating Income	290.24	206.05	272.4	262.48	229.11
Interest Expense	-6.22	-6.95	-2.92	-1.64	-3.34
Interest & Investment Income	1.91	4.6	3.39	1.95	1.88
Currency Exchange Gain (Loss)	-0.5	-0.21	-1.67	-	-
EBT Excluding Unusual Items	285.43	203.49	271.2	262.79	227.65
Impairment of Goodwill	-14.23	-	-	-	-
Gain (Loss) on Sale of Investments	3.97	2.81	1.94	1.46	2.36
Gain (Loss) on Sale of Assets	0.59	0.31	0.19	0.32	0.16
Pretax Income	275.74	206.61	273.33	264.57	230.17
Income Tax Expense	84.35	46.18	61.74	58.69	57.81
Earnings From Continuing Operations	191.39	160.43	211.59	205.88	172.36
Minority Interest in Earnings	-2.83	-4.14	-10.37	-14.04	-5.01
Net Income	188.56	156.3	201.22	191.84	167.35
Preferred Dividends & Other Adjustments	-	-	3.73	3.63	2.87
Net Income to Common	188.56	156.3	197.49	188.21	164.49
Net Income Growth	20.64%	-22.33%	4.89%	14.63%	37.16%
Shares Outstanding (Basic)	455	461	427	425	421
Shares Outstanding (Diluted)	455	461	427	425	421
Shares Change (YoY)	-1.20%	7.92%	0.44%	1.00%	1.05%
EPS (Basic)	0.41	0.34	0.46	0.44	0.39
EPS (Diluted)	0.41	0.34	0.46	0.44	0.39
EPS Growth	20.94%	-26.67%	4.47%	13.28%	33.40%
Free Cash Flow	393.56	143.19	99	283.4	188.97
Free Cash Flow Per Share	0.86	0.31	0.23	0.67	0.45
Dividend Per Share	0.266	0.215	0.215	-	-
Dividend Growth	23.72%	-	-	-	-
Gross Margin	53.53%	49.40%	50.65%	50.77%	48.23%
Operating Margin	14.51%	10.05%	13.87%	15.17%	15.20%
Profit Margin	9.43%	7.62%	10.05%	10.88%	10.91%
Free Cash Flow Margin	19.67%	6.98%	5.04%	16.38%	12.54%
EBITDA	318.39	230.98	291.2	280.4	241.9
EBITDA Margin	15.92%	11.27%	14.82%	16.21%	16.05%
D&A For EBITDA	28.15	24.92	18.8	17.92	12.79
EBIT	290.24	206.05	272.4	262.48	229.11
EBIT Margin	14.51%	10.05%	13.87%	15.17%	15.20%
Effective Tax Rate	30.59%	22.35%	22.59%	22.18%	25.12%
Advertising Expenses	-	-	-	-	269.01

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