HKG:2190 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	1,057	782.48	527.75	334.09	177.91
Revenue Growth (YoY)	35.15%	48.27%	57.97%	87.78%	543.88%
Cost of Revenue	294.57	222.58	142.77	81.42	46.03
Gross Profit	762.92	559.9	384.99	252.67	131.88
Selling, General & Admin	315.88	265.76	277.92	249.47	195.87
Research & Development	246.78	233.23	261.01	233.46	168.1
Other Operating Expenses	1.45	2.1	1.6	-6.78	-13.94
Operating Expenses	564.1	501.13	540.54	476.18	350.05
Operating Income	198.82	58.77	-155.55	-223.51	-218.17
Interest Expense	-1.02	-2.18	-1.25	-0.72	-0.31
Interest & Investment Income	59.19	67.35	79.04	95.57	13.09
Earnings From Equity Investments	-	-1.1	-	-	-
Currency Exchange Gain (Loss)	-7.16	1.51	-0.26	19.63	-8.28
Other Non Operating Income (Expenses)	-12.35	12.17	8.4	-	-
EBT Excluding Unusual Items	237.48	136.51	-69.63	-109.04	-213.66
Gain (Loss) on Sale of Investments	-0.65	-36.21	-8.51	4.81	13.95
Gain (Loss) on Sale of Assets	-0.09	-0.05	-0.59	-9.32	0.02
Pretax Income	236.74	100.26	-78.73	-113.56	-199.69
Income Tax Expense	-7.63	-	-	-	-
Net Income	244.37	100.26	-78.73	-113.56	-199.69
Net Income to Common	244.37	100.26	-78.73	-113.56	-199.69
Net Income Growth	143.75%	-	-	-	-
Shares Outstanding (Basic)	320	323	329	330	295
Shares Outstanding (Diluted)	324	328	329	330	295
Shares Change (YoY)	-1.34%	-0.22%	-0.51%	12.15%	51.26%
EPS (Basic)	0.76	0.31	-0.24	-0.34	-0.68
EPS (Diluted)	0.76	0.31	-0.24	-0.34	-0.68
EPS Growth	147.04%	-	-	-	-
Free Cash Flow	273.64	-17.26	-92.48	-226.06	-194.32
Free Cash Flow Per Share	0.85	-0.05	-0.28	-0.68	-0.66
Dividend Per Share	0.220	0.100	-	-	-
Dividend Growth	120.00%	-	-	-	-
Gross Margin	72.14%	71.55%	72.95%	75.63%	74.13%
Operating Margin	18.80%	7.51%	-29.48%	-66.90%	-122.63%
Profit Margin	23.11%	12.81%	-14.92%	-33.99%	-112.24%
Free Cash Flow Margin	25.88%	-2.21%	-17.52%	-67.66%	-109.22%
EBITDA	232.24	91.44	-126.44	-203.47	-208.49
EBITDA Margin	21.96%	11.68%	-23.96%	-60.90%	-117.18%
D&A For EBITDA	33.42	32.67	29.11	20.04	9.68
EBIT	198.82	58.77	-155.55	-223.51	-218.17
EBIT Margin	18.80%	7.51%	-29.48%	-66.90%	-122.63%

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