HKG:1820 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	2,092	2,132	2,002	2,178	2,400
Revenue Growth (YoY)	-1.88%	6.49%	-8.08%	-9.25%	17.57%
Cost of Revenue	1,816	1,808	1,661	1,840	2,034
Gross Profit	276.11	324.1	341.42	338.14	366.73
Selling, General & Admin	292.71	311.58	281.94	277.35	283.8
Operating Expenses	293.32	311.99	284.45	277.58	284.65
Operating Income	-17.21	12.11	56.97	60.56	82.08
Interest Expense	-42.12	-38.43	-30.21	-28.25	-27.53
Interest & Investment Income	0.56	1.05	1.88	1.51	1.21
Other Non Operating Income (Expenses)	5.52	5.82	8.01	6.91	6.9
EBT Excluding Unusual Items	-53.25	-19.45	36.66	40.73	62.66
Gain (Loss) on Sale of Assets	-0.11	0.35	0.2	-0.29	-0.33
Pretax Income	-53.36	-19.1	36.86	40.44	62.33
Income Tax Expense	-9.21	0.28	14.44	17.62	18.7
Net Income	-44.15	-19.37	22.41	22.82	43.63
Net Income to Common	-44.15	-19.37	22.41	22.82	43.63
Net Income Growth	-	-	-1.78%	-47.69%	-44.36%
Shares Outstanding (Basic)	301	301	301	301	301
Shares Outstanding (Diluted)	301	301	301	301	301
EPS (Basic)	-0.15	-0.06	0.07	0.08	0.15
EPS (Diluted)	-0.15	-0.06	0.07	0.08	0.15
EPS Growth	-	-	-1.78%	-47.69%	-44.36%
Free Cash Flow	164.9	-41.25	130.95	164.99	-46.12
Free Cash Flow Per Share	0.55	-0.14	0.44	0.55	-0.15
Dividend Per Share	-	-	0.073	0.071	0.130
Dividend Growth	-	-	2.62%	-45.71%	-3.25%
Gross Margin	13.20%	15.20%	17.05%	15.52%	15.28%
Operating Margin	-0.82%	0.57%	2.84%	2.78%	3.42%
Profit Margin	-2.11%	-0.91%	1.12%	1.05%	1.82%
Free Cash Flow Margin	7.88%	-1.93%	6.54%	7.57%	-1.92%
EBITDA	69.72	89.97	134.74	132.79	145.56
EBITDA Margin	3.33%	4.22%	6.73%	6.10%	6.06%
D&A For EBITDA	86.93	77.86	77.77	72.22	63.48
EBIT	-17.21	12.11	56.97	60.56	82.08
EBIT Margin	-0.82%	0.57%	2.84%	2.78%	3.42%
Effective Tax Rate	-	-	39.18%	43.57%	30.00%