HKG:2135 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	189.41	199.34	189.38	164.52	188.37
Revenue Growth (YoY)	-4.98%	5.26%	15.11%	-12.66%	14.48%
Cost of Revenue	111.7	127.94	117.89	97.74	118.68
Gross Profit	77.71	71.41	71.49	66.78	69.69
Selling, General & Admin	69.1	89.47	92.39	85.17	89.26
Research & Development	2.07	0.72	1.6	2	-
Other Operating Expenses	1.36	0.09	0.03	-	-
Operating Expenses	72.53	90.28	94.02	87.17	89.26
Operating Income	5.18	-18.87	-22.52	-20.39	-19.57
Interest Expense	-2.75	-2.81	-2.8	-2.8	-2.42
Interest & Investment Income	-	0.4	0.84	0.73	1.23
Earnings From Equity Investments	-0.61	-0.08	-1.74	-0.16	-0.15
Currency Exchange Gain (Loss)	-	-	0.24	2.64	-
Other Non Operating Income (Expenses)	-1.82	-62.44	-16.4	-6.49	-3.12
EBT Excluding Unusual Items	0.01	-83.8	-42.39	-26.47	-24.02
Gain (Loss) on Sale of Assets	-	0.1	0.16	-	-
Other Unusual Items	-	18.44	7.22	4.36	1.07
Pretax Income	0.01	-65.26	-35.01	-22.1	-22.95
Income Tax Expense	2.21	-1.99	2.77	-1.85	-4.68
Earnings From Continuing Operations	-2.2	-63.26	-37.78	-20.25	-18.27
Minority Interest in Earnings	4.07	4.05	5.32	4.34	0.58
Net Income	1.87	-59.21	-32.46	-15.91	-17.69
Net Income to Common	1.87	-59.21	-32.46	-15.91	-17.69
Shares Outstanding (Basic)	551	533	418	418	417
Shares Outstanding (Diluted)	551	533	418	418	417
Shares Change (YoY)	3.39%	27.53%	-	0.08%	21.62%
EPS (Basic)	0.00	-0.11	-0.08	-0.04	-0.04
EPS (Diluted)	0.00	-0.11	-0.08	-0.04	-0.04
Free Cash Flow	-	-2.64	-9.98	-21.13	-18.23
Free Cash Flow Per Share	-	-0.01	-0.02	-0.05	-0.04
Gross Margin	41.03%	35.82%	37.75%	40.59%	37.00%
Operating Margin	2.73%	-9.47%	-11.89%	-12.39%	-10.39%
Profit Margin	0.99%	-29.70%	-17.14%	-9.67%	-9.39%
Free Cash Flow Margin	-	-1.32%	-5.27%	-12.84%	-9.68%
EBITDA	22.52	-1.53	-7.03	-7.05	-11.58
EBITDA Margin	11.89%	-0.77%	-3.71%	-4.29%	-6.15%
D&A For EBITDA	17.34	17.34	15.5	13.33	7.98
EBIT	5.18	-18.87	-22.52	-20.39	-19.57
EBIT Margin	2.73%	-9.47%	-11.89%	-12.39%	-10.39%
Effective Tax Rate	22070.00%	-	-	-	-

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