HKG:1853 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
Operating Revenue	1,699	1,800	1,687	1,655	1,641
Other Revenue	5.91	5.39	7.68	-	8.89
Revenue	1,705	1,806	1,694	1,655	1,650
Revenue Growth (YoY)	-5.59%	6.57%	2.40%	0.31%	-13.04%
Operations & Maintenance	0.4	0.43	0.62	0.76	4.59
Selling, General & Admin	104.2	109.32	101.73	100.21	112.05
Provision for Bad Debts	7.36	-10.62	-8.16	-15.84	53.55
Other Operating Expenses	1,476	1,549	1,421	1,417	1,320
Total Operating Expenses	1,590	1,650	1,517	1,504	1,492
Operating Income	115.21	155.74	177.07	151.02	157.12
Interest Expense	-17.94	-9.26	-12.11	-9.94	-10.45
Interest Income	22.52	13.74	17.27	21.39	13.22
Net Interest Expense	4.59	4.48	5.16	11.45	2.77
Currency Exchange Gain (Loss)	0.03	-0.26	-0.55	-0.6	-0.12
Other Non-Operating Income (Expenses)	-1.11	-11.5	-12.79	3.7	1.85
EBT Excluding Unusual Items	118.71	148.46	168.89	165.57	161.62
Gain (Loss) on Sale of Investments	-	-	-	-	0.23
Gain (Loss) on Sale of Assets	-	0.09	-	0.01	5.95
Asset Writedown	-3.82	-10.18	-0.51	-	-0.66
Legal Settlements	-0.02	-0.01	-0.02	-	-0.07
Other Unusual Items	0.1	-0.04	0.11	0.06	0.02
Pretax Income	114.97	138.32	168.47	165.64	167.08
Income Tax Expense	33.26	38.42	47.52	50.98	44.33
Net Income	81.71	99.9	120.96	114.67	122.76
Net Income to Common	81.71	99.9	120.96	114.67	122.76
Net Income Growth	-18.21%	-17.41%	5.48%	-6.59%	-28.00%
Shares Outstanding (Basic)	467	467	467	459	472
Shares Outstanding (Diluted)	467	467	467	459	472
Shares Change (YoY)	-	-	1.75%	-2.85%	2.46%
EPS (Basic)	0.18	0.21	0.26	0.25	0.26
EPS (Diluted)	0.18	0.21	0.26	0.25	0.26
EPS Growth	-16.63%	-18.97%	3.67%	-3.85%	-29.73%
Free Cash Flow	90.63	-88.43	370.18	195.72	45.86
Free Cash Flow Per Share	0.19	-0.19	0.79	0.43	0.10
Dividend Per Share	0.030	0.065	0.090	0.090	0.115
Dividend Growth	-53.85%	-27.78%	-	-21.74%	11.65%
Profit Margin	4.79%	5.53%	7.14%	6.93%	7.44%
Free Cash Flow Margin	5.32%	-4.90%	21.85%	11.83%	2.78%
EBITDA	260.01	289.54	309.36	288.04	294.83
EBITDA Margin	15.25%	16.04%	18.26%	17.41%	17.87%
D&A For EBITDA	144.81	133.79	132.29	137.02	137.72
EBIT	115.21	155.74	177.07	151.02	157.12
EBIT Margin	6.76%	8.63%	10.45%	9.13%	9.53%
Effective Tax Rate	28.93%	27.78%	28.20%	30.78%	26.53%
Revenue as Reported	1,705	1,806	1,694	-	-

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