HKG:2156 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	3,881	3,293	3,569	2,290	1,557
Revenue Growth (YoY)	17.85%	-7.74%	55.83%	47.14%	51.34%
Cost of Revenue	3,057	2,586	2,568	1,753	1,167
Gross Profit	823.23	706.75	1,001	537	389.36
Selling, General & Admin	404.52	372.14	363.79	294.75	216.67
Operating Expenses	416.48	378.52	367.02	299.34	217.13
Operating Income	406.75	328.23	634.44	237.66	172.22
Interest Expense	-	-1.81	-2.62	-0.65	-0.6
Interest & Investment Income	-	77.43	78.4	71.72	22.11
Earnings From Equity Investments	0.59	1.71	-0.06	-0.53	0.4
Other Non Operating Income (Expenses)	90.59	15.26	17.33	16.44	10.92
EBT Excluding Unusual Items	497.93	420.82	727.5	324.63	205.05
Other Unusual Items	-	-	-	0.08	-
Pretax Income	497.93	420.82	727.5	324.71	205.05
Income Tax Expense	124.16	92.94	180.15	73.39	44.15
Earnings From Continuing Operations	373.78	327.89	547.34	251.32	160.9
Minority Interest in Earnings	-14.87	-4.41	-80	-4.11	-1.53
Net Income	358.91	323.48	467.35	247.21	159.37
Net Income to Common	358.91	323.48	467.35	247.21	159.37
Net Income Growth	10.95%	-30.78%	89.05%	55.11%	50.19%
Shares Outstanding (Basic)	1,380	1,352	1,324	1,308	1,184
Shares Outstanding (Diluted)	1,380	1,392	1,375	1,342	1,184
Shares Change (YoY)	-0.84%	1.28%	2.39%	13.34%	0.66%
EPS (Basic)	0.26	0.24	0.35	0.19	0.13
EPS (Diluted)	0.26	0.23	0.34	0.18	0.13
EPS Growth	13.04%	-32.35%	88.89%	38.46%	44.16%
Free Cash Flow	-	251.33	157.43	482.09	876.1
Free Cash Flow Per Share	-	0.18	0.12	0.36	0.74
Dividend Per Share	-	0.141	0.145	0.088	0.049
Dividend Growth	-	-2.95%	64.19%	80.97%	-
Gross Margin	21.21%	21.46%	28.06%	23.45%	25.01%
Operating Margin	10.48%	9.97%	17.77%	10.38%	11.06%
Profit Margin	9.25%	9.82%	13.09%	10.79%	10.24%
Free Cash Flow Margin	-	7.63%	4.41%	21.05%	56.28%
EBITDA	423.63	345.11	649.23	249.44	180.93
EBITDA Margin	10.92%	10.48%	18.19%	10.89%	11.62%
D&A For EBITDA	16.88	16.88	14.79	11.78	8.71
EBIT	406.75	328.23	634.44	237.66	172.22
EBIT Margin	10.48%	9.97%	17.77%	10.38%	11.06%
Effective Tax Rate	24.93%	22.09%	24.76%	22.60%	21.53%

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