HKG:1645 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	490.77	369.66	350.7	397.82	392.98
Revenue Growth (YoY)	32.76%	5.41%	-11.84%	1.23%	-17.14%
Cost of Revenue	375.46	316.63	304.32	333.6	308.21
Gross Profit	115.31	53.03	46.38	64.22	84.77
Selling, General & Admin	104.4	87.22	65.86	66.97	69.25
Operating Expenses	100.51	94.91	68.65	71.66	71.39
Operating Income	14.8	-41.88	-22.27	-7.44	13.38
Interest Expense	-3.16	-1.57	-1.53	-2.19	-1.61
Interest & Investment Income	0.31	2.04	3.9	3.25	3.78
Currency Exchange Gain (Loss)	-	2.33	3.7	2.62	0.38
Other Non Operating Income (Expenses)	5.13	4.81	1.6	1.56	0.71
EBT Excluding Unusual Items	17.08	-34.28	-14.6	-2.21	16.64
Impairment of Goodwill	-	-	-1.37	-	-
Gain (Loss) on Sale of Investments	-0.86	-7.69	-21.5	-8.93	0.03
Gain (Loss) on Sale of Assets	-1.07	-	-	-	-
Asset Writedown	2.75	-	-	-	-
Legal Settlements	-	-	-	-	2
Other Unusual Items	1.91	0.99	0.74	5.75	8.5
Pretax Income	19.8	-40.98	-36.73	-5.4	27.17
Income Tax Expense	0.7	0.01	0.8	-2.17	0.87
Earnings From Continuing Operations	19.1	-40.99	-37.53	-3.22	26.3
Minority Interest in Earnings	2.67	2.86	1.74	0.07	0.68
Net Income	21.77	-38.13	-35.8	-3.15	26.98
Net Income to Common	21.77	-38.13	-35.8	-3.15	26.98
Net Income Growth	-	-	-	-	-32.47%
Shares Outstanding (Basic)	564	564	564	564	518
Shares Outstanding (Diluted)	566	564	564	564	518
Shares Change (YoY)	0.44%	-	-	8.98%	23.75%
EPS (Basic)	0.04	-0.07	-0.06	-0.01	0.05
EPS (Diluted)	0.04	-0.07	-0.06	-0.01	0.05
EPS Growth	-	-	-	-	-45.43%
Free Cash Flow	-	-236.15	-60.27	7.59	-72.21
Free Cash Flow Per Share	-	-0.42	-0.11	0.01	-0.14
Gross Margin	23.49%	14.35%	13.23%	16.14%	21.57%
Operating Margin	3.02%	-11.33%	-6.35%	-1.87%	3.40%
Profit Margin	4.44%	-10.32%	-10.21%	-0.79%	6.87%
Free Cash Flow Margin	-	-63.88%	-17.18%	1.91%	-18.38%
EBITDA	17.45	-39.23	-20.63	-5.58	15.93
EBITDA Margin	3.55%	-10.61%	-5.88%	-1.40%	4.05%
D&A For EBITDA	2.65	2.65	1.64	1.86	2.54
EBIT	14.8	-41.88	-22.27	-7.44	13.38
EBIT Margin	3.02%	-11.33%	-6.35%	-1.87%	3.40%
Effective Tax Rate	3.52%	-	-	-	3.20%

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