HKG:1618 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
Operating Revenue	404,693	434,762	530,531	632,459	591,627	499,164
Other Revenue	-	-	-	1,411	1,042	1,408
Revenue	404,693	434,762	530,531	633,870	592,669	500,572
Revenue Growth (YoY)	-19.52%	-18.05%	-16.30%	6.95%	18.40%	25.11%
Cost of Revenue	359,569	386,763	475,932	573,817	535,650	447,667
Gross Profit	45,124	47,998	54,599	60,053	57,019	52,905
Selling, General & Admin	13,973	14,430	14,782	15,385	14,049	13,559
Research & Development	13,016	13,964	16,406	19,730	18,733	15,901
Other Operating Expenses	2,239	2,277	1,725	1,504	1,582	2,088
Operating Expenses	33,126	35,278	39,917	42,303	37,254	34,215
Operating Income	11,998	12,720	14,682	17,750	19,766	18,689
Interest Expense	-3,778	-3,654	-3,393	-2,680	-2,670	-2,168
Interest & Investment Income	3,673	3,452	2,716	2,001	2,423	2,668
Currency Exchange Gain (Loss)	-284.75	-284.75	145.81	304.96	206.18	-356.15
Other Non Operating Income (Expenses)	-1,053	-898.65	-567.83	-2,378	-2,034	-2,665
EBT Excluding Unusual Items	10,556	11,335	13,583	14,999	17,691	16,168
Impairment of Goodwill	-	-	-	-4.24	-2.74	-105.03
Gain (Loss) on Sale of Investments	-856.11	-1,022	-1,732	-1,860	-1,915	-2,169
Gain (Loss) on Sale of Assets	356.23	364.63	1,053	663.08	303.36	689.23
Asset Writedown	-774.38	-1,159	-1,262	-220.16	-851.37	-27.63
Legal Settlements	-74.71	-74.71	-32.01	-87.02	-137.71	-101.57
Other Unusual Items	413.16	413.16	342.92	273.88	305.46	-441.37
Pretax Income	9,620	9,857	11,953	13,765	15,392	14,012
Income Tax Expense	2,010	2,146	1,356	2,359	2,460	2,405
Earnings From Continuing Operations	7,610	7,712	10,597	11,406	12,932	11,607
Earnings From Discontinued Operations	-5,190	-5,190	-2,693	-	-	-
Net Income to Company	2,420	2,522	7,904	11,406	12,932	11,607
Minority Interest in Earnings	-1,073	-1,200	-1,158	-2,736	-2,655	-3,232
Net Income	1,347	1,322	6,746	8,670	10,276	8,375
Preferred Dividends & Other Adjustments	1,275	1,275	1,862	1,782	1,039	1,086
Net Income to Common	71.82	46.31	4,884	6,888	9,238	7,289
Net Income Growth	-76.26%	-80.41%	-22.20%	-15.63%	22.70%	6.52%
Shares Outstanding (Basic)	20,803	20,724	20,724	20,724	20,724	20,724
Shares Outstanding (Diluted)	20,803	20,724	20,724	20,724	20,724	20,724
Shares Change (YoY)	3.16%	-	-	-	-	-
EPS (Basic)	0.00	0.00	0.24	0.33	0.45	0.35
EPS (Diluted)	0.00	0.00	0.24	0.33	0.45	0.35
EPS Growth	-98.30%	-99.15%	-28.58%	-25.97%	27.36%	8.72%
Free Cash Flow	9,613	9,045	985.05	1,296	13,839	14,089
Free Cash Flow Per Share	0.46	0.44	0.05	0.06	0.67	0.68
Dividend Per Share	-	-	0.056	0.072	0.083	0.078
Dividend Growth	-	-	-22.22%	-13.25%	6.41%	4.00%
Gross Margin	11.15%	11.04%	10.29%	9.47%	9.62%	10.57%
Operating Margin	2.96%	2.93%	2.77%	2.80%	3.33%	3.73%
Profit Margin	0.02%	0.01%	0.92%	1.09%	1.56%	1.46%
Free Cash Flow Margin	2.38%	2.08%	0.19%	0.21%	2.33%	2.81%
EBITDA	16,176	16,940	19,071	21,557	23,624	22,146
EBITDA Margin	4.00%	3.90%	3.60%	3.40%	3.99%	4.42%
D&A For EBITDA	4,177	4,220	4,389	3,807	3,859	3,457
EBIT	11,998	12,720	14,682	17,750	19,766	18,689
EBIT Margin	2.96%	2.93%	2.77%	2.80%	3.33%	3.73%
Effective Tax Rate	20.89%	21.77%	11.34%	17.14%	15.98%	17.16%
Revenue as Reported	425,312	455,380	552,025	633,870	592,669	500,572

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