HKG:1698 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	32,902	28,401	27,752	28,339	31,244
Revenue Growth (YoY)	15.85%	2.34%	-2.07%	-9.30%	7.17%
Cost of Revenue	18,367	16,376	17,957	19,566	21,840
Gross Profit	14,535	12,025	9,795	8,773	9,404
Selling, General & Admin	4,857	4,676	5,018	5,557	6,687
Other Operating Expenses	-2,632	-221	-222	-334	-423
Operating Expenses	2,225	4,455	4,796	5,223	6,264
Operating Income	12,310	7,570	4,999	3,550	3,140
Interest Expense	-129	-124	-124	-115	-120
Interest & Investment Income	1,054	1,213	1,067	725	557
Earnings From Equity Investments	42	96	127	38	-47
Currency Exchange Gain (Loss)	-	30	-17	7	-1
EBT Excluding Unusual Items	13,277	8,785	6,052	4,205	3,529
Gain (Loss) on Sale of Investments	-	-52	-23	26	105
Gain (Loss) on Sale of Assets	-	-50	12	1	-10
Other Unusual Items	-	29	4	141	8
Pretax Income	13,277	8,712	6,045	4,373	3,632
Income Tax Expense	1,924	1,603	825	534	417
Earnings From Continuing Operations	11,353	7,109	5,220	3,839	3,215
Minority Interest in Earnings	-297	-465	-300	-162	-186
Net Income	11,056	6,644	4,920	3,677	3,029
Net Income to Common	11,056	6,644	4,920	3,677	3,029
Net Income Growth	66.41%	35.04%	33.80%	21.39%	-27.10%
Shares Outstanding (Basic)	1,534	1,542	1,561	1,602	1,661
Shares Outstanding (Diluted)	1,554	1,565	1,584	1,617	1,682
Shares Change (YoY)	-0.70%	-1.18%	-2.04%	-3.82%	0.08%
EPS (Basic)	7.21	4.31	3.15	2.30	1.82
EPS (Diluted)	7.12	4.24	3.10	2.28	1.80
EPS Growth	67.92%	36.77%	35.97%	26.67%	-27.42%
Free Cash Flow	10,231	9,956	7,172	7,396	5,080
Free Cash Flow Per Share	6.58	6.36	4.53	4.57	3.02
Dividend Per Share	1.679	1.314	0.972	-	-
Dividend Growth	27.77%	35.23%	-	-	-
Gross Margin	44.18%	42.34%	35.30%	30.96%	30.10%
Operating Margin	37.41%	26.65%	18.01%	12.53%	10.05%
Profit Margin	33.60%	23.39%	17.73%	12.97%	9.70%
Free Cash Flow Margin	31.09%	35.05%	25.84%	26.10%	16.26%
EBITDA	13,027	8,287	5,719	4,710	4,141
EBITDA Margin	39.59%	29.18%	20.61%	16.62%	13.25%
D&A For EBITDA	717	717	720	1,160	1,001
EBIT	12,310	7,570	4,999	3,550	3,140
EBIT Margin	37.41%	26.65%	18.01%	12.53%	10.05%
Effective Tax Rate	14.49%	18.40%	13.65%	12.21%	11.48%
Revenue as Reported	32,902	28,401	27,752	28,339	31,244
Advertising Expenses	-	611	603	852	2,387

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.