HKG:1588 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	1,095	959.27	800.62	680.15	590.32
Revenue Growth (YoY)	14.14%	19.82%	17.71%	15.22%	15.88%
Cost of Revenue	320.84	267.23	262.02	266.54	179.97
Gross Profit	774.09	692.05	538.6	413.61	410.35
Selling, General & Admin	535.61	490.9	403.48	394.43	392.87
Research & Development	214.29	210.84	247.34	271.73	242.56
Operating Expenses	749.89	705.03	651.45	666.16	635.91
Operating Income	24.2	-12.98	-112.85	-252.55	-225.55
Interest Expense	-0.57	-0.22	-0.43	-0.67	-0.21
Interest & Investment Income	-	25.91	25.21	33.87	42.54
Earnings From Equity Investments	-1.43	-5.17	-0.27	-1.48	-2.32
Currency Exchange Gain (Loss)	-	1.88	1.19	6.77	-
Other Non Operating Income (Expenses)	65.21	23.3	24.91	24.95	21.78
EBT Excluding Unusual Items	87.41	32.72	-62.24	-189.11	-163.76
Gain (Loss) on Sale of Investments	-	1.28	40.18	-22.85	-29.46
Gain (Loss) on Sale of Assets	-	-	43.76	-	-
Asset Writedown	-5.35	-	-	-	-
Pretax Income	82.07	33.99	21.7	-211.96	-193.23
Income Tax Expense	0.48	0.53	5.82	0.14	-8.16
Earnings From Continuing Operations	81.59	33.46	15.88	-212.1	-185.07
Net Income	81.59	33.46	15.88	-212.1	-185.07
Net Income to Common	81.59	33.46	15.88	-212.1	-185.07
Net Income Growth	143.81%	110.78%	-	-	-
Shares Outstanding (Basic)	320	320	319	300	300
Shares Outstanding (Diluted)	320	320	319	300	300
Shares Change (YoY)	-0.15%	0.60%	6.28%	0.03%	-7.02%
EPS (Basic)	0.26	0.10	0.05	-0.71	-0.62
EPS (Diluted)	0.26	0.10	0.05	-0.71	-0.62
EPS Growth	145.19%	108.66%	-	-	-
Free Cash Flow	-	90.23	-42.84	-162.45	-99.83
Free Cash Flow Per Share	-	0.28	-0.13	-0.54	-0.33
Gross Margin	70.70%	72.14%	67.27%	60.81%	69.51%
Operating Margin	2.21%	-1.35%	-14.09%	-37.13%	-38.21%
Profit Margin	7.45%	3.49%	1.98%	-31.18%	-31.35%
Free Cash Flow Margin	-	9.41%	-5.35%	-23.88%	-16.91%
EBITDA	26.68	-10.51	-108.73	-248.23	-222.31
EBITDA Margin	2.44%	-1.09%	-13.58%	-36.50%	-37.66%
D&A For EBITDA	2.48	2.48	4.11	4.32	3.25
EBIT	24.2	-12.98	-112.85	-252.55	-225.55
EBIT Margin	2.21%	-1.35%	-14.09%	-37.13%	-38.21%
Effective Tax Rate	0.58%	1.56%	26.82%	-	-

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