HKG:1927 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	296.01	315.03	351.77	376.41	409.83	401.23
Revenue Growth (YoY)	-13.37%	-10.44%	-6.55%	-8.15%	2.14%	-3.10%
Cost of Revenue	224.84	227.65	252.25	264.56	279.63	273.48
Gross Profit	71.17	87.38	99.51	111.85	130.19	127.76
Selling, General & Admin	59.53	64.23	69.43	70.78	66.13	52.91
Operating Expenses	68.24	72.93	70.19	71.03	66.19	52.91
Operating Income	2.93	14.45	29.32	40.81	64	74.85
Interest Expense	-13.2	-13.83	-13.59	-13.08	-12.29	-13.63
Interest & Investment Income	0.04	0.03	0.17	0.1	0.2	0.17
Currency Exchange Gain (Loss)	1.36	1.7	-0.5	1.58	0.22	-0.4
Other Non Operating Income (Expenses)	2.09	0.24	0.03	0.03	0.03	0.58
EBT Excluding Unusual Items	-6.79	2.59	15.43	29.45	52.16	61.56
Gain (Loss) on Sale of Assets	1.71	-1.34	-5.68	-6.1	-0	-0.14
Other Unusual Items	0.25	0.25	1.31	2.09	-10.33	-1.25
Pretax Income	-4.83	1.5	11.06	25.44	41.82	60.18
Income Tax Expense	2.53	5.12	6.14	9.37	14.53	16.1
Net Income	-7.36	-3.62	4.92	16.07	27.29	44.08
Net Income to Common	-7.36	-3.62	4.92	16.07	27.29	44.08
Net Income Growth	-	-	-69.38%	-41.13%	-38.09%	2.04%
Shares Outstanding (Basic)	792	792	792	792	752	594
Shares Outstanding (Diluted)	792	792	792	792	752	594
Shares Change (YoY)	-	-	-	5.34%	26.57%	-
EPS (Basic)	-0.01	-0.00	0.01	0.02	0.04	0.07
EPS (Diluted)	-0.01	-0.00	0.01	0.02	0.04	0.07
EPS Growth	-	-	-69.38%	-44.11%	-51.09%	2.04%
Free Cash Flow	56.53	-24.75	-25.83	-14.89	-66.04	13.95
Free Cash Flow Per Share	0.07	-0.03	-0.03	-0.02	-0.09	0.02
Gross Margin	24.04%	27.74%	28.29%	29.71%	31.77%	31.84%
Operating Margin	0.99%	4.59%	8.33%	10.84%	15.62%	18.66%
Profit Margin	-2.49%	-1.15%	1.40%	4.27%	6.66%	10.99%
Free Cash Flow Margin	19.10%	-7.86%	-7.34%	-3.96%	-16.11%	3.48%
EBITDA	18.22	27.83	45.41	58.82	81.19	91.38
EBITDA Margin	6.16%	8.83%	12.91%	15.63%	19.81%	22.78%
D&A For EBITDA	15.3	13.38	16.09	18	17.18	16.53
EBIT	2.93	14.45	29.32	40.81	64	74.85
EBIT Margin	0.99%	4.59%	8.33%	10.84%	15.62%	18.66%
Effective Tax Rate	-	342.34%	55.53%	36.84%	34.75%	26.75%

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