HKG:1597 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	146.54	148.28	284.08	219.95	312.86	338.9
Revenue Growth (YoY)	-30.05%	-47.80%	29.15%	-29.70%	-7.68%	52.08%
Cost of Revenue	159.32	157.25	257.13	192.39	266.99	265.33
Gross Profit	-12.77	-8.97	26.95	27.56	45.87	73.57
Selling, General & Admin	35.8	30.27	39	21.38	20.74	25.02
Other Operating Expenses	-2.05	-1.55	-3.65	-6	-4.56	-4.94
Operating Expenses	33.75	28.72	35.35	15.39	16.18	20.08
Operating Income	-46.52	-37.69	-8.4	12.17	29.69	53.49
Interest Expense	-3.37	-4.16	-3.4	-2.41	-4.44	-5.49
Interest & Investment Income	0.94	0.96	0.37	0.45	0.4	0.21
Earnings From Equity Investments	-	-	-	-	-2.07	-0.67
Currency Exchange Gain (Loss)	-0.07	-0.07	-0.24	-1.82	-0.12	0.25
Other Non Operating Income (Expenses)	-	-	-	-	-	-0.44
EBT Excluding Unusual Items	-49.02	-40.96	-11.66	8.39	23.47	47.36
Gain (Loss) on Sale of Investments	2.29	2.29	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	0.1	-	-
Other Unusual Items	-3.41	-3.41	-	-1.25	-	-
Pretax Income	-50.14	-42.08	-11.66	7.24	23.47	47.36
Income Tax Expense	-2.24	-2.65	0.82	1.86	2.13	6.97
Earnings From Continuing Operations	-47.91	-39.43	-12.48	5.37	21.35	40.38
Minority Interest in Earnings	6.5	4.7	2.34	-	-0.28	-0.21
Net Income	-41.41	-34.73	-10.14	5.37	21.07	40.17
Net Income to Common	-41.41	-34.73	-10.14	5.37	21.07	40.17
Net Income Growth	-	-	-	-74.49%	-47.55%	-5.58%
Shares Outstanding (Basic)	250	250	250	250	250	200
Shares Outstanding (Diluted)	250	250	250	250	250	200
Shares Change (YoY)	-	-	-	-	25.13%	6.56%
EPS (Basic)	-0.17	-0.14	-0.04	0.02	0.08	0.20
EPS (Diluted)	-0.17	-0.14	-0.04	0.02	0.08	0.20
EPS Growth	-	-	-	-74.49%	-58.09%	-11.39%
Free Cash Flow	10.87	-19.04	-16.73	17.74	-2.22	10.68
Free Cash Flow Per Share	0.04	-0.08	-0.07	0.07	-0.01	0.05
Gross Margin	-8.71%	-6.05%	9.49%	12.53%	14.66%	21.71%
Operating Margin	-31.74%	-25.41%	-2.96%	5.53%	9.49%	15.78%
Profit Margin	-28.26%	-23.42%	-3.57%	2.44%	6.73%	11.85%
Free Cash Flow Margin	7.42%	-12.84%	-5.89%	8.07%	-0.71%	3.15%
EBITDA	-23.71	-18.61	3.34	22.31	38.43	60.37
EBITDA Margin	-16.18%	-12.55%	1.18%	10.14%	12.28%	17.81%
D&A For EBITDA	22.81	19.08	11.74	10.15	8.74	6.88
EBIT	-46.52	-37.69	-8.4	12.17	29.69	53.49
EBIT Margin	-31.74%	-25.41%	-2.96%	5.53%	9.49%	15.78%
Effective Tax Rate	-	-	-	25.74%	9.07%	14.72%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.