HKG:1760 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	6,057	6,693	5,802	4,830	3,176
Revenue Growth (YoY)	-9.50%	15.35%	20.13%	52.07%	59.35%
Cost of Revenue	5,302	5,725	4,719	3,789	2,551
Gross Profit	755.39	968.59	1,084	1,041	625.18
Selling, General & Admin	694.42	671.62	712.6	533.54	414.04
Operating Expenses	694.42	671.62	712.6	533.54	414.04
Operating Income	60.97	296.97	371.02	507.08	211.14
Interest Expense	-89.13	-110.78	-100.05	-44.54	-23.52
Interest & Investment Income	-	8.9	12.68	4.25	4.95
Earnings From Equity Investments	-0.29	2.73	-0.21	2.1	0.58
Currency Exchange Gain (Loss)	-	-53.72	-48.92	-48.47	2.87
Other Non Operating Income (Expenses)	104.19	16.16	14.29	22.91	20.75
EBT Excluding Unusual Items	75.75	160.27	248.82	443.33	216.77
Gain (Loss) on Sale of Investments	-	19.05	53.38	11.59	-
Gain (Loss) on Sale of Assets	-	0.42	-	-	-
Pretax Income	75.75	179.74	302.2	454.92	216.77
Income Tax Expense	20.74	-24.47	-10.35	43.81	16.56
Earnings From Continuing Operations	55	204.21	312.55	411.11	200.21
Minority Interest in Earnings	2.87	4.42	4.85	3.86	0.4
Net Income	57.87	208.63	317.4	414.96	200.61
Net Income to Common	57.87	208.63	317.4	414.96	200.61
Net Income Growth	-72.26%	-34.27%	-23.51%	106.86%	111.61%
Shares Outstanding (Basic)	1,088	1,088	1,087	1,086	1,080
Shares Outstanding (Diluted)	1,088	1,088	1,097	1,097	1,099
Shares Change (YoY)	-0.00%	-0.81%	-0.06%	-0.14%	6.08%
EPS (Basic)	0.05	0.19	0.29	0.38	0.19
EPS (Diluted)	0.05	0.19	0.29	0.38	0.18
EPS Growth	-72.26%	-33.73%	-23.46%	107.18%	99.45%
Free Cash Flow	-	222.6	-149.12	-367.57	-64.06
Free Cash Flow Per Share	-	0.20	-0.14	-0.34	-0.06
Dividend Per Share	-	0.059	0.089	0.116	0.055
Dividend Growth	-	-33.45%	-23.23%	109.17%	105.60%
Gross Margin	12.47%	14.47%	18.68%	21.55%	19.68%
Operating Margin	1.01%	4.44%	6.39%	10.50%	6.65%
Profit Margin	0.95%	3.12%	5.47%	8.59%	6.32%
Free Cash Flow Margin	-	3.33%	-2.57%	-7.61%	-2.02%
EBITDA	117.34	353.34	423.85	544.94	239.17
EBITDA Margin	1.94%	5.28%	7.31%	11.28%	7.53%
D&A For EBITDA	56.37	56.37	52.83	37.87	28.03
EBIT	60.97	296.97	371.02	507.08	211.14
EBIT Margin	1.01%	4.44%	6.39%	10.50%	6.65%
Effective Tax Rate	27.39%	-	-	9.63%	7.64%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.