HKG:1871 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	31.21	32.3	39.88	47.73	67.15	67.96
Revenue Growth (YoY)	-9.81%	-19.02%	-16.45%	-28.92%	-1.20%	-27.27%
Cost of Revenue	28.06	28.37	31.32	36.43	44.49	38.17
Gross Profit	3.15	3.93	8.56	11.3	22.66	29.79
Selling, General & Admin	15.42	15.55	15.52	18.56	19.79	20.94
Operating Expenses	15.42	15.55	15.52	18.56	19.79	20.94
Operating Income	-12.27	-11.62	-6.96	-7.26	2.87	8.85
Interest Expense	-2.82	-3.28	-4.23	-4.59	-3.89	-3.93
Interest & Investment Income	0.18	0.33	0.43	0.61	0.66	0.63
Currency Exchange Gain (Loss)	-0.01	-0.03	-0.01	-0.08	-0.2	-0.42
Other Non Operating Income (Expenses)	0.84	0.79	1.22	1.25	2.2	-0.94
EBT Excluding Unusual Items	-14.08	-13.81	-9.55	-10.07	1.64	4.19
Gain (Loss) on Sale of Assets	-0.28	-0.02	-0.21	-0.18	-0.03	-0.09
Other Unusual Items	0.14	0.14	-	-	-	5.55
Pretax Income	-14.23	-13.7	-9.76	-10.25	1.61	9.64
Income Tax Expense	-3.42	-5.34	-1.31	-1.58	5.06	2.82
Net Income	-10.8	-8.36	-8.44	-8.67	-3.45	6.83
Net Income to Common	-10.8	-8.36	-8.44	-8.67	-3.45	6.83
Net Income Growth	-	-	-	-	-	-64.24%
Shares Outstanding (Basic)	436	431	412	400	400	400
Shares Outstanding (Diluted)	436	431	412	400	400	400
Shares Change (YoY)	2.51%	4.48%	3.10%	-	-	25.43%
EPS (Basic)	-0.02	-0.02	-0.02	-0.02	-0.01	0.02
EPS (Diluted)	-0.02	-0.02	-0.02	-0.02	-0.01	0.02
EPS Growth	-	-	-	-	-	-71.47%
Free Cash Flow	-20.89	-24.73	-24.61	-1.22	4.68	-2.58
Free Cash Flow Per Share	-0.05	-0.06	-0.06	-0.00	0.01	-0.01
Gross Margin	10.08%	12.17%	21.46%	23.67%	33.75%	43.84%
Operating Margin	-39.33%	-35.98%	-17.44%	-15.21%	4.28%	13.02%
Profit Margin	-34.61%	-25.89%	-21.17%	-18.16%	-5.14%	10.04%
Free Cash Flow Margin	-66.92%	-76.56%	-61.70%	-2.55%	6.97%	-3.79%
EBITDA	2.25	0.73	2.76	2.89	13.22	17.29
EBITDA Margin	7.21%	2.27%	6.93%	6.05%	19.69%	25.44%
D&A For EBITDA	14.53	12.35	9.72	10.15	10.35	8.44
EBIT	-12.27	-11.62	-6.96	-7.26	2.87	8.85
EBIT Margin	-39.33%	-35.98%	-17.44%	-15.21%	4.28%	13.02%
Effective Tax Rate	-	-	-	-	313.89%	29.23%

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