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	5,108	4,887	5,304	4,694	3,112
Gross Profit	1,847	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	-85.6	-21.74	-31.92	17.07	-17.83
Operating Expenses	1,149	1,223	1,104	1,028	699.66
Operating Income	697.18	837.61	952.71	764.09	474.85
Interest Expense	-16.46	-10.45	-13.29	-15.95	-22.79
Interest & Investment Income	74.67	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)	-18.18	25.49	-16.11	-6.41	-16.76
EBT Excluding Unusual Items	735.89	912.14	975.19	752.26	437.38
Gain (Loss) on Sale of Investments	13.17	10.75	10.26	8.63	3.3
Gain (Loss) on Sale of Assets	-2.08	-0.55	-0.38	-1.1	-0.61
Asset Writedown	-29.94	-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)	1,220	1,191	1,163	1,051	895
Shares Outstanding (Diluted)	1,263	1,250	1,252	1,156	1,004
Shares Change (YoY)	1.05%	-0.18%	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	78.29	721.79	100.5	15.32	731.6
Free Cash Flow Per Share	0.06	0.58	0.08	0.01	0.73
Dividend Per Share	0.180	0.141	0.091	-	-
Dividend Growth	27.51%	55.29%	-	-	-
Gross Margin	26.55%	29.66%	27.94%	27.63%	27.40%
Operating Margin	10.02%	12.05%	12.94%	11.78%	11.08%
Profit Margin	8.62%	10.61%	11.48%	10.32%	8.91%
Free Cash Flow Margin	1.13%	10.39%	1.36%	0.24%	17.07%
EBITDA	888.8	1,008	1,069	853.76	549.22
EBITDA Margin	12.78%	14.51%	14.52%	13.16%	12.81%
D&A For EBITDA	191.62	170.56	116.26	89.67	74.38
EBIT	697.18	837.61	952.71	764.09	474.85
EBIT Margin	10.02%	12.05%	12.94%	11.78%	11.08%
Effective Tax Rate	18.51%	19.90%	14.40%	12.45%	14.99%

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