HKG:1636 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	354.69	468.04	837.7	2,392	7,719	16,699
Revenue Growth (YoY)	-69.17%	-44.13%	-64.98%	-69.02%	-53.77%	-30.46%
Cost of Revenue	353.94	498.77	949.6	2,680	7,568	16,636
Gross Profit	0.75	-30.73	-111.9	-288.05	151.6	62.58
Selling, General & Admin	100.15	104.59	117.86	203.15	150.14	184.37
Other Operating Expenses	2.23	-31.09	-45.56	-107.63	-229.8	-228.62
Operating Expenses	205.43	195.33	214.28	2,318	23.89	2.76
Operating Income	-204.69	-226.06	-326.17	-2,606	127.71	59.82
Interest Expense	-364.58	-354.06	-274.02	-227.43	220.86	-167.49
Interest & Investment Income	0.01	0.03	7.09	27.45	12.63	14.65
Earnings From Equity Investments	-0.11	-0.32	-0.3	-0.79	-0.43	-0.75
Currency Exchange Gain (Loss)	-0.76	-0.76	-0.67	10.66	-0.23	7.28
Other Non Operating Income (Expenses)	-72.28	-72.31	-211.75	-1,955	-408.81	-2.51
EBT Excluding Unusual Items	-642.39	-653.49	-805.82	-4,752	-48.27	-89.02
Impairment of Goodwill	-	-	-	-	-	-277.9
Gain (Loss) on Sale of Assets	-0.04	-0.05	0.12	-6.5	-	-
Asset Writedown	-	-	-0.07	-3.21	-5.87	-3.32
Other Unusual Items	2.49	-	-	0.11	-	-2.64
Pretax Income	-639.95	-653.54	-805.77	-4,761	-54.14	-372.88
Income Tax Expense	-1.15	-1.08	0.01	1.93	41.34	14.37
Earnings From Continuing Operations	-638.79	-652.46	-805.78	-4,763	-95.48	-387.25
Net Income	-638.79	-652.46	-805.78	-4,763	-95.48	-387.25
Net Income to Common	-638.79	-652.46	-805.78	-4,763	-95.48	-387.25
Shares Outstanding (Basic)	448	448	448	433	319	267
Shares Outstanding (Diluted)	448	448	448	433	319	267
Shares Change (YoY)	-	-	3.50%	35.73%	19.68%	0.83%
EPS (Basic)	-1.43	-1.46	-1.80	-11.00	-0.30	-1.45
EPS (Diluted)	-1.47	-1.50	-1.80	-11.00	-0.30	-1.50
Free Cash Flow	-27.92	-18.04	-69.81	-212.38	114.2	134.86
Free Cash Flow Per Share	-0.06	-0.04	-0.16	-0.49	0.36	0.51
Gross Margin	0.21%	-6.57%	-13.36%	-12.04%	1.96%	0.38%
Operating Margin	-57.71%	-48.30%	-38.94%	-108.97%	1.65%	0.36%
Profit Margin	-180.10%	-139.40%	-96.19%	-199.15%	-1.24%	-2.32%
Free Cash Flow Margin	-7.87%	-3.85%	-8.33%	-8.88%	1.48%	0.81%
EBITDA	-178.68	-194.43	-288.48	-2,561	173.95	107.96
EBITDA Margin	-50.38%	-41.54%	-34.44%	-107.09%	2.25%	0.65%
D&A For EBITDA	26.01	31.64	37.69	44.98	46.24	48.14
EBIT	-204.69	-226.06	-326.17	-2,606	127.71	59.82
EBIT Margin	-57.71%	-48.30%	-38.94%	-108.97%	1.65%	0.36%

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