HKG:2155 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	6,955	6,948	7,360	6,486	4,286
Revenue Growth (YoY)	0.10%	-5.60%	13.47%	51.33%	43.90%
Cost of Revenue	5,138	4,887	5,304	4,694	3,112
Gross Profit	1,817	2,061	2,056	1,792	1,175
Selling, General & Admin	872.59	729.41	718.37	694.91	488.06
Research & Development	310.39	399.24	418.15	316.08	226.63
Other Operating Expenses	-153.18	-22.77	-32.32	17.07	-17.83
Operating Expenses	1,082	1,222	1,103	1,028	699.66
Operating Income	734.83	838.63	953.11	764.09	474.85
Interest Expense	-16.46	-10.45	-13.29	-15.95	-22.79
Interest & Investment Income	-	59.99	59.77	15.26	2.12
Earnings From Equity Investments	-1.32	-0.49	-7.88	-4.73	-0.03
Currency Exchange Gain (Loss)	-	25.31	-16.26	-6.41	-16.76
EBT Excluding Unusual Items	717.05	913	975.44	752.26	437.38
Gain (Loss) on Sale of Investments	-	9.89	10.01	8.63	3.3
Gain (Loss) on Sale of Assets	-	-0.55	-0.38	-1.1	-0.61
Asset Writedown	-	-11.08	-0.74	1.13	9.07
Pretax Income	717.05	911.25	984.33	760.92	449.14
Income Tax Expense	132.75	181.37	141.79	94.74	67.31
Earnings From Continuing Operations	584.29	729.88	842.55	666.18	381.84
Net Income to Company	584.29	729.88	842.55	666.18	381.84
Minority Interest in Earnings	15.3	7.36	2.14	3.08	-
Net Income	599.59	737.24	844.68	669.27	381.84
Net Income to Common	599.59	737.24	844.68	669.27	381.84
Net Income Growth	-18.67%	-12.72%	26.21%	75.28%	31.95%
Shares Outstanding (Basic)	1,224	1,191	1,163	1,051	895
Shares Outstanding (Diluted)	1,276	1,251	1,252	1,156	1,004
Shares Change (YoY)	1.97%	-0.12%	8.34%	15.10%	33.92%
EPS (Basic)	0.49	0.62	0.73	0.64	0.43
EPS (Diluted)	0.47	0.59	0.67	0.58	0.38
EPS Growth	-20.34%	-11.94%	15.52%	52.63%	-1.52%
Free Cash Flow	-	721.79	100.5	15.32	731.6
Free Cash Flow Per Share	-	0.58	0.08	0.01	0.73
Dividend Per Share	-	0.141	0.091	-	-
Dividend Growth	-	55.29%	-	-	-
Gross Margin	26.12%	29.66%	27.94%	27.63%	27.40%
Operating Margin	10.57%	12.07%	12.95%	11.78%	11.08%
Profit Margin	8.62%	10.61%	11.48%	10.32%	8.91%
Free Cash Flow Margin	-	10.39%	1.36%	0.24%	17.07%
EBITDA	905.39	1,009	1,069	853.76	549.22
EBITDA Margin	13.02%	14.52%	14.53%	13.16%	12.81%
D&A For EBITDA	170.56	170.56	116.26	89.67	74.38
EBIT	734.83	838.63	953.11	764.09	474.85
EBIT Margin	10.57%	12.07%	12.95%	11.78%	11.08%
Effective Tax Rate	18.51%	19.90%	14.40%	12.45%	14.99%

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