HKG:1895 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	904.88	868.87	749.61	686.5	770.18
Revenue Growth (YoY)	4.14%	15.91%	9.19%	-10.87%	17.82%
Cost of Revenue	637.61	628.94	509	457.18	504.02
Gross Profit	267.27	239.93	240.6	229.32	266.16
Selling, General & Admin	130.96	120.75	83.04	69.89	73.01
Research & Development	16.91	17.49	17.2	-	-
Operating Expenses	232.74	121.87	140.38	247.5	81.89
Operating Income	34.53	118.06	100.22	-18.18	184.27
Interest Expense	-1.66	-1.04	-0.26	-0.11	-0.14
Interest & Investment Income	0.69	1.25	4.75	13.36	19.76
Earnings From Equity Investments	0.44	0.08	0.07	0.29	-4.2
Currency Exchange Gain (Loss)	-1.32	-1.31	1.2	7.79	-4.83
Other Non Operating Income (Expenses)	104.92	-46.73	-33.23	-270.95	-10.14
EBT Excluding Unusual Items	137.59	70.31	72.76	-267.8	184.73
Impairment of Goodwill	-3.09	-	-	-	-
Gain (Loss) on Sale of Investments	-	0.17	-30.89	-9.91	-1.37
Gain (Loss) on Sale of Assets	-	0.1	-	-	-
Asset Writedown	-4.48	-2.67	-	-	-
Other Unusual Items	-	24.44	27.38	-19.51	-7.87
Pretax Income	130.03	92.34	69.24	-297.22	175.49
Income Tax Expense	30.6	3.7	40.83	36.91	51.42
Earnings From Continuing Operations	99.43	88.64	28.41	-334.13	124.07
Minority Interest in Earnings	-1.66	-1.6	-0.29	-0.13	-1.5
Net Income	97.77	87.04	28.13	-334.27	122.57
Preferred Dividends & Other Adjustments	-	-	-	-	3.47
Net Income to Common	97.77	87.04	28.13	-334.27	119.1
Net Income Growth	12.32%	209.47%	-	-	-6.54%
Shares Outstanding (Basic)	593	577	568	568	536
Shares Outstanding (Diluted)	593	577	568	568	566
Shares Change (YoY)	2.73%	1.72%	-	0.24%	8.27%
EPS (Basic)	0.16	0.15	0.05	-0.59	0.22
EPS (Diluted)	0.16	0.15	0.05	-0.59	0.22
EPS Growth	9.33%	204.23%	-	-	-13.68%
Free Cash Flow	-	27.75	10.33	254.54	-32.67
Free Cash Flow Per Share	-	0.05	0.02	0.45	-0.06
Dividend Per Share	0.042	0.078	-	-	0.112
Dividend Growth	-45.75%	-	-	-	30.90%
Gross Margin	29.54%	27.61%	32.10%	33.40%	34.56%
Operating Margin	3.82%	13.59%	13.37%	-2.65%	23.93%
Profit Margin	10.80%	10.02%	3.75%	-48.69%	15.46%
Free Cash Flow Margin	-	3.19%	1.38%	37.08%	-4.24%
EBITDA	43.31	126.84	102.54	-15.81	186.44
EBITDA Margin	4.79%	14.60%	13.68%	-2.30%	24.21%
D&A For EBITDA	8.78	8.78	2.31	2.36	2.17
EBIT	34.53	118.06	100.22	-18.18	184.27
EBIT Margin	3.82%	13.59%	13.37%	-2.65%	23.93%
Effective Tax Rate	23.53%	4.01%	58.97%	-	29.30%

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