HKG:1661 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	223.49	78.07	32.24	4.98	12.17
Revenue Growth (YoY)	186.28%	142.12%	547.97%	-59.12%	36.12%
Cost of Revenue	200.96	67.93	33.08	1.48	12.38
Gross Profit	22.53	10.14	-0.84	3.5	-0.21
Selling, General & Admin	8.49	38.99	51.35	30.07	33.18
Other Operating Expenses	0.45	-2.1	-2.07	-1.03	22.37
Operating Expenses	58.76	36.9	49.28	29.04	55.55
Operating Income	-36.23	-26.76	-50.12	-25.54	-55.77
Interest Expense	-0.05	-0.48	-0.06	-	-0.01
Interest & Investment Income	0.09	2.45	14.05	7.95	17.12
Earnings From Equity Investments	-	-0.42	-1.13	-1.61	-0.17
Currency Exchange Gain (Loss)	-1.39	0.57	6.83	0.86	-3.92
Other Non Operating Income (Expenses)	-1.69	-19.49	-43.57	-9.29	-
EBT Excluding Unusual Items	-39.27	-44.13	-74.01	-27.63	-42.74
Gain (Loss) on Sale of Investments	-	0.89	-0.42	-38.84	-3.22
Gain (Loss) on Sale of Assets	10.04	0.32	14.59	-0.1	0.12
Asset Writedown	-	-2.65	-21.33	-0.93	-
Other Unusual Items	-	-	-	-	1.47
Pretax Income	-29.23	-45.56	-81.17	-67.5	-44.38
Income Tax Expense	3.52	7.05	6	8	3.5
Earnings From Continuing Operations	-32.75	-52.61	-87.17	-75.51	-47.88
Net Income to Company	-32.75	-52.61	-87.17	-75.51	-47.88
Minority Interest in Earnings	0.01	0.03	-0.01	0.03	0.03
Net Income	-32.74	-52.58	-87.18	-75.48	-47.85
Net Income to Common	-32.74	-52.58	-87.18	-75.48	-47.85
Shares Outstanding (Basic)	190	190	159	159	159
Shares Outstanding (Diluted)	190	190	159	159	159
Shares Change (YoY)	-	19.46%	-	-	-
EPS (Basic)	-0.17	-0.28	-0.55	-0.47	-0.30
EPS (Diluted)	-0.17	-0.28	-0.55	-0.47	-0.30
Free Cash Flow	-	-44.9	-38.6	22.48	25.8
Free Cash Flow Per Share	-	-0.24	-0.24	0.14	0.16
Gross Margin	10.08%	12.98%	-2.60%	70.34%	-1.74%
Operating Margin	-16.21%	-34.28%	-155.45%	-513.20%	-458.14%
Profit Margin	-14.65%	-67.36%	-270.38%	-1516.86%	-393.11%
Free Cash Flow Margin	-	-57.52%	-119.72%	451.81%	211.94%
EBITDA	-35.98	-26.51	-38.27	-12.68	-42.76
EBITDA Margin	-16.10%	-33.95%	-118.70%	-254.90%	-
D&A For EBITDA	0.25	0.25	11.85	12.85	13.01
EBIT	-36.23	-26.76	-50.12	-25.54	-55.77
EBIT Margin	-16.21%	-34.28%	-155.45%	-	-

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