HKG:1525 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
Revenue	1,005	969.85	929.89	790.11	683.58
Revenue Growth (YoY)	3.58%	4.30%	17.69%	15.58%	23.19%
Cost of Revenue	459.94	429.96	355.51	285.13	261.9
Gross Profit	544.65	539.89	574.38	504.98	421.68
Selling, General & Admin	256	244.78	202.98	200.79	146.2
Operating Expenses	258.24	247.06	205.26	200.99	146.22
Operating Income	286.41	292.83	369.11	303.99	275.46
Interest Expense	-15.5	-27.13	-24.81	-25.07	-45.94
Interest & Investment Income	11.69	11.21	8.02	7.29	4.91
Earnings From Equity Investments	-0.65	-	-	-	-
Other Non Operating Income (Expenses)	36.45	20.04	25.86	18.27	10.13
EBT Excluding Unusual Items	318.41	296.96	378.19	304.48	244.55
Gain (Loss) on Sale of Investments	0.03	1.17	1.05	0.7	-1.17
Gain (Loss) on Sale of Assets	0.16	0.21	0.1	0.12	0
Pretax Income	318.6	298.33	379.33	305.31	243.38
Income Tax Expense	76.05	74.71	95.97	80.37	64.37
Net Income	242.55	223.62	283.37	224.93	179.01
Net Income to Common	242.55	223.62	283.37	224.93	179.01
Net Income Growth	8.46%	-21.09%	25.98%	25.65%	-7.27%
Shares Outstanding (Basic)	395	395	396	399	413
Shares Outstanding (Diluted)	395	395	396	399	413
Shares Change (YoY)	-0.21%	-0.06%	-0.77%	-3.49%	0.94%
EPS (Basic)	0.61	0.57	0.72	0.56	0.43
EPS (Diluted)	0.61	0.57	0.72	0.56	0.43
EPS Growth	8.69%	-21.04%	26.96%	30.20%	-8.14%
Free Cash Flow	-	121.12	214.68	271.9	273.02
Free Cash Flow Per Share	-	0.31	0.54	0.68	0.66
Dividend Per Share	0.126	0.188	0.182	0.177	-
Dividend Growth	-33.06%	3.52%	2.62%	-	-
Gross Margin	54.22%	55.67%	61.77%	63.91%	61.69%
Operating Margin	28.51%	30.19%	39.70%	38.47%	40.30%
Profit Margin	24.14%	23.06%	30.47%	28.47%	26.19%
Free Cash Flow Margin	-	12.49%	23.09%	34.41%	39.94%
EBITDA	388.04	394.47	449	359.73	326.51
EBITDA Margin	38.63%	40.67%	48.29%	45.53%	47.76%
D&A For EBITDA	101.63	101.63	79.89	55.74	51.05
EBIT	286.41	292.83	369.11	303.99	275.46
EBIT Margin	28.51%	30.19%	39.70%	38.47%	40.30%
Effective Tax Rate	23.87%	25.04%	25.30%	26.33%	26.45%

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