HKG:1652 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	273.37	326.03	565.61	491.76	385.66
Revenue Growth (YoY)	-16.15%	-42.36%	15.02%	27.51%	-20.78%
Cost of Revenue	163.58	163.39	266.1	266.74	174.53
Gross Profit	109.79	162.64	299.51	225.02	211.13
Selling, General & Admin	97.12	141.28	214.44	173.47	156.18
Research & Development	13.29	106.26	65.2	15.18	-
Other Operating Expenses	-17.44	-17.73	-1.58	-9.03	-10.97
Operating Expenses	118.91	229.81	278.05	179.61	145.22
Operating Income	-9.12	-67.18	21.45	45.41	65.92
Interest Expense	-20.36	-20.14	-12.58	-12.38	-8.24
Interest & Investment Income	0.02	0.02	0.42	1.97	2.56
Earnings From Equity Investments	14.45	-104.1	-40.62	-21.02	-1.97
Currency Exchange Gain (Loss)	-	1.28	3.32	-5.32	-1.41
EBT Excluding Unusual Items	-15	-190.11	-28.01	8.67	56.85
Gain (Loss) on Sale of Investments	0.59	-0.34	-0.31	-37.99	-21.02
Gain (Loss) on Sale of Assets	6.81	0	-1.12	-1.67	-12.04
Pretax Income	-7.6	-190.45	-29.45	-30.99	23.79
Income Tax Expense	4.2	-1.65	6.85	3.66	7.18
Earnings From Continuing Operations	-11.8	-188.8	-36.3	-34.65	16.61
Minority Interest in Earnings	0.02	0.02	0.02	0.05	0.03
Net Income	-11.78	-188.78	-36.28	-34.61	16.65
Net Income to Common	-11.78	-188.78	-36.28	-34.61	16.65
Net Income Growth	-	-	-	-	-76.27%
Shares Outstanding (Basic)	739	740	752	756	770
Shares Outstanding (Diluted)	739	740	752	756	770
Shares Change (YoY)	-0.09%	-1.60%	-0.53%	-1.85%	-2.51%
EPS (Basic)	-0.02	-0.26	-0.05	-0.05	0.02
EPS (Diluted)	-0.02	-0.26	-0.05	-0.05	0.02
EPS Growth	-	-	-	-	-77.58%
Free Cash Flow	-	72.77	-86.42	86.63	-62.37
Free Cash Flow Per Share	-	0.10	-0.12	0.12	-0.08
Dividend Per Share	-	-	-	-	0.009
Gross Margin	40.16%	49.88%	52.95%	45.76%	54.74%
Operating Margin	-3.34%	-20.60%	3.79%	9.23%	17.09%
Profit Margin	-4.31%	-57.90%	-6.41%	-7.04%	4.32%
Free Cash Flow Margin	-	22.32%	-15.28%	17.62%	-16.17%
EBITDA	25.55	-32.5	49.56	72.33	83.35
EBITDA Margin	9.35%	-9.97%	8.76%	14.71%	21.61%
D&A For EBITDA	34.68	34.68	28.1	26.92	17.43
EBIT	-9.12	-67.18	21.45	45.41	65.92
EBIT Margin	-3.34%	-20.60%	3.79%	9.23%	17.09%
Effective Tax Rate	-	-	-	-	30.17%
Advertising Expenses	32.55	-	-	-	-

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