HKG:1681 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	3,417	2,967	2,590	2,340	2,045
Revenue Growth (YoY)	15.17%	14.56%	10.71%	14.43%	16.65%
Cost of Revenue	750.24	725.13	668.44	576.74	517.32
Gross Profit	2,667	2,242	1,922	1,763	1,527
Selling, General & Admin	1,518	1,293	1,168	1,094	900
Other Operating Expenses	-2.32	-17.55	-59.45	-14.47	-14.8
Operating Expenses	1,515	1,267	1,096	1,048	867.15
Operating Income	1,152	974.99	825.92	715.41	660.18
Interest Expense	-4.36	-24.89	-21.26	-10.93	-12.91
Interest & Investment Income	85.28	88.3	68.92	52.41	39.25
Earnings From Equity Investments	-1.6	-0.07	-	-	-
Currency Exchange Gain (Loss)	-33.03	-17.88	-9.03	-9.28	11.33
EBT Excluding Unusual Items	1,198	1,020	864.55	747.61	697.85
Gain (Loss) on Sale of Assets	-1.93	-0.35	-0.85	-1.22	-1.99
Pretax Income	1,196	1,020	863.7	746.39	695.86
Income Tax Expense	107.29	102.73	77.15	62.7	108.74
Earnings From Continuing Operations	1,089	917.37	786.55	683.7	587.12
Minority Interest in Earnings	-11.07	-6.92	-2.02	-0.79	3.06
Net Income	1,078	910.46	784.53	682.91	590.17
Net Income to Common	1,078	910.46	784.53	682.91	590.17
Net Income Growth	18.41%	16.05%	14.88%	15.71%	18.32%
Shares Outstanding (Basic)	848	821	791	791	802
Shares Outstanding (Diluted)	855	832	799	792	805
Shares Change (YoY)	2.77%	4.12%	0.91%	-1.58%	-1.54%
EPS (Basic)	1.27	1.11	0.99	0.86	0.74
EPS (Diluted)	1.26	1.09	0.98	0.86	0.73
EPS Growth	15.60%	11.22%	13.95%	17.81%	19.67%
Free Cash Flow	1,143	977.99	766.41	896.09	627.29
Free Cash Flow Per Share	1.34	1.18	0.96	1.13	0.78
Dividend Per Share	0.656	0.564	0.408	0.265	0.244
Dividend Growth	16.35%	38.03%	53.92%	8.58%	3.66%
Gross Margin	78.05%	75.56%	74.19%	75.35%	74.70%
Operating Margin	33.71%	32.86%	31.89%	30.58%	32.29%
Profit Margin	31.55%	30.68%	30.29%	29.19%	28.86%
Free Cash Flow Margin	33.46%	32.96%	29.59%	38.30%	30.68%
EBITDA	1,208	1,032	897.51	785.89	728.71
EBITDA Margin	35.34%	34.77%	34.65%	33.59%	35.64%
D&A For EBITDA	55.61	56.73	71.58	70.48	68.53
EBIT	1,152	974.99	825.92	715.41	660.18
EBIT Margin	33.71%	32.86%	31.89%	30.58%	32.29%
Effective Tax Rate	8.97%	10.07%	8.93%	8.40%	15.63%

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