HKG:1617 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	464.17	538.1	522.26	633.71	438.32
Revenue Growth (YoY)	-13.74%	3.03%	-17.59%	44.58%	15.49%
Cost of Revenue	360.34	439.62	451.59	576.34	425.37
Gross Profit	103.83	98.47	70.67	57.36	12.95
Selling, General & Admin	60.88	53.01	54.81	65.5	71.44
Research & Development	29.32	33.19	33.88	38.91	28.96
Operating Expenses	92.6	86.63	91.05	105.67	103.07
Operating Income	11.24	11.85	-20.38	-48.31	-90.12
Interest Expense	-6.2	-6	-9.29	-7.69	-8.61
Interest & Investment Income	2.45	6.62	6.6	6.97	8.16
Earnings From Equity Investments	14.95	12.42	16.44	20.73	4.66
Currency Exchange Gain (Loss)	-1.15	-0.74	-0.71	10.73	5.59
Other Non Operating Income (Expenses)	6.95	12.95	11.05	11.81	8.84
EBT Excluding Unusual Items	28.22	37.09	3.71	-5.76	-71.49
Gain (Loss) on Sale of Investments	6.16	7.16	-13.03	-	1.42
Gain (Loss) on Sale of Assets	-0.11	-0.29	-0.02	-0.01	-
Pretax Income	34.28	43.96	-9.34	-5.77	-70.07
Income Tax Expense	3.89	4.02	-14.53	2.34	-10.18
Net Income	30.39	39.94	5.2	-8.1	-59.89
Net Income to Common	30.39	39.94	5.2	-8.1	-59.89
Net Income Growth	-23.90%	668.29%	-	-	-
Shares Outstanding (Basic)	1,626	1,626	1,626	1,543	1,195
Shares Outstanding (Diluted)	1,626	1,626	1,626	1,543	1,195
Shares Change (YoY)	-	-	5.38%	29.09%	6.73%
EPS (Basic)	0.02	0.02	0.00	-0.01	-0.05
EPS (Diluted)	0.02	0.02	0.00	-0.01	-0.05
EPS Growth	-23.90%	668.37%	-	-	-
Free Cash Flow	-	-70.75	-68.11	-15.21	-86.85
Free Cash Flow Per Share	-	-0.04	-0.04	-0.01	-0.07
Gross Margin	22.37%	18.30%	13.53%	9.05%	2.95%
Operating Margin	2.42%	2.20%	-3.90%	-7.62%	-20.56%
Profit Margin	6.55%	7.42%	1.00%	-1.28%	-13.66%
Free Cash Flow Margin	-	-13.15%	-13.04%	-2.40%	-19.81%
EBITDA	17.79	18.4	-9.6	-36.74	-86.72
EBITDA Margin	3.83%	3.42%	-1.84%	-5.80%	-19.79%
D&A For EBITDA	6.55	6.55	10.78	11.57	3.4
EBIT	11.24	11.85	-20.38	-48.31	-90.12
EBIT Margin	2.42%	2.20%	-3.90%	-7.62%	-20.56%
Effective Tax Rate	11.35%	9.15%	-	-	-

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