HKG:1503 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
Rental Revenue	432.24	529.36	489.16	431.7	432.83
Total Revenue	432.24	529.36	489.16	431.7	432.83
Revenue Growth (YoY	-18.35%	8.22%	13.31%	-0.26%	16.94%
Property Expenses	130.87	156.01	146.3	125.72	126.65
Selling, General & Administrative	15.13	16.23	14.94	12.61	17.85
Total Operating Expenses	146	172.5	158.75	143.13	144.5
Operating Income	286.24	356.86	330.41	288.58	288.34
Interest Expense	-116.98	-131.85	-137.16	-94.86	-59.25
Interest & Investment Income	4.21	11.24	15.95	11.9	10.26
Currency Exchange Gain (Loss)	0.17	-1.9	-1.19	-336.29	64.53
Other Non-Operating Income	3.84	4.81	9.29	4.78	1.19
EBT Excluding Unusual Items	177.47	239.16	217.3	-125.89	305.06
Asset Writedown	-315.31	-393.22	-394.45	32.91	81.51
Pretax Income	-137.84	-154.06	-177.15	-92.98	386.57
Income Tax Expense	4.32	24.3	12.24	104.41	118.86
Earnings From Continuing Operations	-142.16	-178.35	-189.39	-197.39	267.7
Minority Interest in Earnings	43.56	-6.42	17.07	-12.16	-
Net Income	-98.61	-184.77	-172.32	-209.54	267.7
Net Income to Common	-98.61	-184.77	-172.32	-209.54	267.7
Net Income Growth	-	-	-	-	-6.09%
Basic Shares Outstanding	1,128	1,128	1,128	1,128	1,128
Diluted Shares Outstanding	1,128	1,128	1,128	1,128	1,128
EPS (Basic)	-0.09	-0.16	-0.15	-0.19	0.24
EPS (Diluted)	-0.09	-0.16	-0.15	-0.19	0.24
EPS Growth	-	-	-	-	-6.09%
Dividend Per Share	0.085	0.103	0.084	0.123	0.151
Dividend Growth	-17.41%	23.24%	-31.68%	-18.73%	4.78%
Operating Margin	66.22%	67.41%	67.55%	66.85%	66.62%
Profit Margin	-22.81%	-34.91%	-35.23%	-48.54%	61.85%
EBITDA	286.33	356.96	330.53	288.66	288.45
EBITDA Margin	66.25%	67.43%	67.57%	66.86%	66.64%
D&A For Ebitda	0.1	0.1	0.12	0.08	0.11
EBIT	286.24	356.86	330.41	288.58	288.34
EBIT Margin	66.22%	67.41%	67.55%	66.85%	66.62%
Effective Tax Rate	-	-	-	-	30.75%

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