HKG:1599 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	7,485	7,527	8,672	10,362	10,433	10,259
Revenue Growth (YoY)	-13.73%	-13.20%	-16.31%	-0.68%	1.70%	8.52%
Cost of Revenue	6,033	6,033	7,104	8,475	8,601	8,385
Gross Profit	1,452	1,494	1,568	1,886	1,833	1,874
Selling, General & Admin	485.72	507.88	572.61	1,061	955.85	930.62
Research & Development	300.57	306.46	325.16	-	-	-
Other Operating Expenses	31.03	31.92	30	-	-	-
Operating Expenses	994.96	1,021	1,098	1,351	1,545	1,290
Operating Income	456.87	473.13	470.36	535.45	287.14	584.3
Interest Expense	-231.35	-237.98	-282.02	-290.8	-320.41	-283.61
Interest & Investment Income	407.2	414.65	439.75	406.05	440.85	418.59
Earnings From Equity Investments	9.5	-	-	65.3	217.56	223.23
Currency Exchange Gain (Loss)	-11.43	-6.84	3.25	1.27	20.2	-16.61
Other Non Operating Income (Expenses)	-6.84	-10.73	-10.07	19.92	207.06	6.01
EBT Excluding Unusual Items	623.94	632.23	621.27	737.19	852.4	931.91
Gain (Loss) on Sale of Investments	9.64	5.53	-3.21	277.45	0.19	7.69
Gain (Loss) on Sale of Assets	2.76	2.44	2.23	3.17	160.5	54.2
Asset Writedown	-3.37	-1.32	7.32	-	-	-
Other Unusual Items	-4.96	-4.96	0.07	-	-	-
Pretax Income	628.01	633.92	628.49	1,018	1,013	993.81
Income Tax Expense	95.98	98.2	100.21	107.45	115.42	139.89
Earnings From Continuing Operations	532.02	535.72	528.28	910.35	897.68	853.92
Earnings From Discontinued Operations	-	-	-	-	-	49.13
Net Income to Company	532.02	535.72	528.28	910.35	897.68	903.05
Minority Interest in Earnings	1.2	-20.52	-16.56	-37.5	61.48	17.59
Net Income	533.23	515.19	511.72	872.85	959.16	920.64
Net Income to Common	533.23	515.19	511.72	872.85	959.16	920.64
Net Income Growth	8.85%	0.68%	-41.37%	-9.00%	4.18%	17.05%
Shares Outstanding (Basic)	1,408	1,356	1,347	1,349	1,349	1,349
Shares Outstanding (Diluted)	1,408	1,356	1,347	1,349	1,349	1,349
Shares Change (YoY)	9.01%	0.68%	-0.15%	-	-	-
EPS (Basic)	0.38	0.38	0.38	0.65	0.71	0.68
EPS (Diluted)	0.38	0.38	0.38	0.65	0.71	0.68
EPS Growth	-0.15%	-	-41.28%	-9.00%	4.18%	17.05%
Free Cash Flow	465.47	259.87	564	-149.45	951.53	233.5
Free Cash Flow Per Share	0.33	0.19	0.42	-0.11	0.71	0.17
Dividend Per Share	-	-	0.108	0.172	0.190	0.168
Dividend Growth	-	-	-37.53%	-9.17%	13.04%	7.08%
Gross Margin	19.40%	19.85%	18.08%	18.21%	17.57%	18.27%
Operating Margin	6.10%	6.29%	5.42%	5.17%	2.75%	5.70%
Profit Margin	7.12%	6.84%	5.90%	8.42%	9.19%	8.97%
Free Cash Flow Margin	6.22%	3.45%	6.50%	-1.44%	9.12%	2.28%
EBITDA	573.55	599.84	637.18	657.52	395.15	685.41
EBITDA Margin	7.66%	7.97%	7.35%	6.35%	3.79%	6.68%
D&A For EBITDA	116.68	126.71	166.82	122.07	108.01	101.12
EBIT	456.87	473.13	470.36	535.45	287.14	584.3
EBIT Margin	6.10%	6.29%	5.42%	5.17%	2.75%	5.70%
Effective Tax Rate	15.28%	15.49%	15.94%	10.56%	11.39%	14.08%
Revenue as Reported	7,485	7,527	8,672	-	-	-
Advertising Expenses	-	0.23	1.91	-	-	-

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