HKG:2255 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	1,549	1,818	1,817	792.99	2,460
Revenue Growth (YoY)	-14.80%	0.08%	129.11%	-67.77%	110.59%
Cost of Revenue	1,246	1,399	1,359	1,072	1,739
Gross Profit	303.63	418.97	457.46	-278.73	721.27
Selling, General & Admin	801.65	699.15	609.02	543.29	801.6
Other Operating Expenses	33.32	-	-	-	-
Operating Expenses	834.97	689.76	609.97	575.54	816.85
Operating Income	-531.34	-270.79	-152.51	-854.27	-95.58
Interest Expense	-321	-308.28	-270.13	-290.61	-489.87
Interest & Investment Income	0.2	0.67	69.74	19.45	3.59
Earnings From Equity Investments	-	-	-	-	-80.84
Other Non Operating Income (Expenses)	-0.55	-39.17	9.89	0.26	100.18
EBT Excluding Unusual Items	-852.68	-617.57	-343.01	-1,125	-562.52
Gain (Loss) on Sale of Investments	-	-8.95	57.04	-44.11	-4.2
Gain (Loss) on Sale of Assets	-	-	-	-	2,474
Asset Writedown	-175.9	-141.03	48.65	-327.94	-748.95
Other Unusual Items	6.4	-	40.56	56.09	17.75
Pretax Income	-1,009	-760.92	-186.1	-1,418	1,197
Income Tax Expense	-25.13	-11.41	-4.2	-9.53	362.93
Earnings From Continuing Operations	-983.56	-749.51	-181.91	-1,409	834.24
Minority Interest in Earnings	27.69	9.79	-15.35	12.95	10.61
Net Income	-955.88	-739.72	-197.26	-1,396	844.85
Net Income to Common	-955.88	-739.72	-197.26	-1,396	844.85
Shares Outstanding (Basic)	9,176	8,114	8,104	8,063	8,000
Shares Outstanding (Diluted)	9,176	8,114	8,104	8,063	8,000
Shares Change (YoY)	13.09%	0.12%	0.51%	0.79%	-
EPS (Basic)	-0.10	-0.09	-0.02	-0.17	0.11
EPS (Diluted)	-0.10	-0.09	-0.02	-0.17	0.11
Free Cash Flow	-	-365.19	-786.32	-716.33	61.96
Free Cash Flow Per Share	-	-0.04	-0.10	-0.09	0.01
Gross Margin	19.60%	23.04%	25.18%	-35.15%	29.32%
Operating Margin	-34.30%	-14.89%	-8.39%	-107.73%	-3.89%
Profit Margin	-61.70%	-40.68%	-10.86%	-176.03%	34.34%
Free Cash Flow Margin	-	-20.08%	-43.28%	-90.33%	2.52%
EBITDA	-211.99	48.56	178.87	-554.91	317.11
EBITDA Margin	-13.68%	2.67%	9.84%	-69.98%	12.89%
D&A For EBITDA	319.35	319.35	331.39	299.36	412.69
EBIT	-531.34	-270.79	-152.51	-854.27	-95.58
EBIT Margin	-34.30%	-14.89%	-8.39%	-107.73%	-3.89%
Effective Tax Rate	-	-	-	-	30.32%

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