HKG:1525 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	968.47	969.85	929.89	790.11	683.58	554.9
Revenue Growth (YoY)	-0.27%	4.30%	17.69%	15.58%	23.19%	10.66%
Cost of Revenue	442.21	429.96	355.51	285.13	261.9	219.49
Gross Profit	526.27	539.89	574.38	504.98	421.68	335.41
Selling, General & Admin	260.94	244.78	202.98	200.79	146.2	109.84
Operating Expenses	263.77	247.06	205.26	200.99	146.22	109.22
Operating Income	262.5	292.83	369.11	303.99	275.46	226.19
Interest Expense	-26.4	-27.13	-24.81	-25.07	-45.94	-55.76
Interest & Investment Income	11.21	11.21	8.02	7.29	4.91	2.66
Other Non Operating Income (Expenses)	20.29	20.04	25.86	18.27	10.13	24.72
EBT Excluding Unusual Items	267.6	296.96	378.19	304.48	244.55	197.81
Gain (Loss) on Sale of Investments	1.17	1.17	1.05	0.7	-1.17	-
Gain (Loss) on Sale of Assets	0.21	0.21	0.1	0.12	0	0.2
Pretax Income	268.98	298.33	379.33	305.31	243.38	198.01
Income Tax Expense	63.15	74.71	95.97	80.37	64.37	4.95
Net Income	205.82	223.62	283.37	224.93	179.01	193.06
Net Income to Common	205.82	223.62	283.37	224.93	179.01	193.06
Net Income Growth	-26.43%	-21.09%	25.98%	25.65%	-7.27%	53.93%
Shares Outstanding (Basic)	395	395	396	399	413	409
Shares Outstanding (Diluted)	395	395	396	399	413	409
Shares Change (YoY)	-0.14%	-0.06%	-0.77%	-3.49%	0.94%	36.41%
EPS (Basic)	0.52	0.57	0.72	0.56	0.43	0.47
EPS (Diluted)	0.52	0.57	0.72	0.56	0.43	0.47
EPS Growth	-26.33%	-21.04%	26.96%	30.20%	-8.14%	12.84%
Free Cash Flow	218.72	121.12	214.68	271.9	273.02	-138.26
Free Cash Flow Per Share	0.55	0.31	0.54	0.68	0.66	-0.34
Dividend Per Share	0.186	0.188	0.182	0.177	-	-
Dividend Growth	2.23%	3.52%	2.62%	-	-	-
Gross Margin	54.34%	55.67%	61.77%	63.91%	61.69%	60.45%
Operating Margin	27.10%	30.19%	39.70%	38.47%	40.30%	40.76%
Profit Margin	21.25%	23.06%	30.47%	28.47%	26.19%	34.79%
Free Cash Flow Margin	22.58%	12.49%	23.09%	34.41%	39.94%	-24.92%
EBITDA	371.08	394.47	449	359.73	326.51	281.42
EBITDA Margin	38.32%	40.67%	48.29%	45.53%	47.76%	50.72%
D&A For EBITDA	108.58	101.63	79.89	55.74	51.05	55.23
EBIT	262.5	292.83	369.11	303.99	275.46	226.19
EBIT Margin	27.10%	30.19%	39.70%	38.47%	40.30%	40.76%
Effective Tax Rate	23.48%	25.04%	25.30%	26.33%	26.45%	2.50%

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