HKG:1698 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	33,441	32,902	28,401	27,752	28,339	31,244
Revenue Growth (YoY)	15.36%	15.85%	2.34%	-2.07%	-9.30%	7.17%
Cost of Revenue	18,602	18,367	16,376	17,957	19,566	21,840
Gross Profit	14,839	14,535	12,025	9,795	8,773	9,404
Selling, General & Admin	4,925	4,857	4,676	5,018	5,557	6,687
Other Operating Expenses	-116	-117	-221	-222	-334	-423
Operating Expenses	4,809	4,740	4,455	4,796	5,223	6,264
Operating Income	10,030	9,795	7,570	4,999	3,550	3,140
Interest Expense	-143	-122	-124	-124	-115	-120
Interest & Investment Income	1,176	1,227	1,213	1,067	725	557
Earnings From Equity Investments	12	42	96	127	38	-47
Currency Exchange Gain (Loss)	-7	-7	30	-17	7	-1
EBT Excluding Unusual Items	11,068	10,935	8,785	6,052	4,205	3,529
Gain (Loss) on Sale of Investments	-25	2,348	-102	-11	26	105
Gain (Loss) on Sale of Assets	-	-	-	-	1	-10
Other Unusual Items	-6	-6	29	4	141	8
Pretax Income	11,037	13,277	8,712	6,045	4,373	3,632
Income Tax Expense	1,935	1,924	1,603	825	534	417
Earnings From Continuing Operations	9,102	11,353	7,109	5,220	3,839	3,215
Minority Interest in Earnings	-246	-297	-465	-300	-162	-186
Net Income	8,856	11,056	6,644	4,920	3,677	3,029
Net Income to Common	8,856	11,056	6,644	4,920	3,677	3,029
Net Income Growth	-6.91%	66.41%	35.04%	33.80%	21.39%	-27.10%
Shares Outstanding (Basic)	1,537	1,534	1,542	1,561	1,602	1,661
Shares Outstanding (Diluted)	1,557	1,554	1,565	1,584	1,617	1,682
Shares Change (YoY)	-0.32%	-0.70%	-1.18%	-2.04%	-3.82%	0.08%
EPS (Basic)	5.76	7.21	4.31	3.15	2.30	1.82
EPS (Diluted)	5.69	7.12	4.24	3.10	2.28	1.80
EPS Growth	-6.52%	67.92%	36.77%	35.97%	26.67%	-27.42%
Free Cash Flow	9,739	9,926	9,956	7,172	7,396	5,080
Free Cash Flow Per Share	6.26	6.39	6.36	4.53	4.57	3.02
Dividend Per Share	1.679	1.679	1.314	0.972	-	-
Dividend Growth	27.77%	27.77%	35.23%	-	-	-
Gross Margin	44.37%	44.18%	42.34%	35.30%	30.96%	30.10%
Operating Margin	29.99%	29.77%	26.65%	18.01%	12.53%	10.05%
Profit Margin	26.48%	33.60%	23.39%	17.73%	12.97%	9.70%
Free Cash Flow Margin	29.12%	30.17%	35.05%	25.84%	26.10%	16.26%
EBITDA	11,174	10,919	8,287	5,862	4,710	4,141
EBITDA Margin	33.41%	33.19%	29.18%	21.12%	16.62%	13.25%
D&A For EBITDA	1,144	1,124	717	863	1,160	1,001
EBIT	10,030	9,795	7,570	4,999	3,550	3,140
EBIT Margin	29.99%	29.77%	26.65%	18.01%	12.53%	10.05%
Effective Tax Rate	17.53%	14.49%	18.40%	13.65%	12.21%	11.48%
Revenue as Reported	33,441	32,902	28,401	27,752	28,339	31,244
Advertising Expenses	-	672	611	603	852	2,387

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