HKG:2265 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	323.64	233.91	107.99	222.8	257.04
Revenue Growth (YoY)	38.36%	116.61%	-51.53%	-13.32%	25.15%
Cost of Revenue	129.31	102.12	48.35	78.79	90.43
Gross Profit	194.33	131.79	59.63	144.02	166.61
Selling, General & Admin	58.46	54.09	38.21	35.49	42.15
Research & Development	19.29	-	-	-	-
Other Operating Expenses	-1.54	-1.25	-5.36	-1.83	-0.17
Operating Expenses	76.32	52.48	30.41	35.18	43.2
Operating Income	118.01	79.31	29.22	108.84	123.42
Interest Expense	-5.62	-5.64	-7.75	-6.65	-6.01
Interest & Investment Income	0.04	0.1	0.13	0.4	0.41
Currency Exchange Gain (Loss)	-	-	-	-	0.25
Other Non Operating Income (Expenses)	-	-	-	1.22	-0.43
EBT Excluding Unusual Items	112.43	73.77	21.6	103.8	117.64
Gain (Loss) on Sale of Assets	-2.44	-0.52	-0.45	-0.04	-0.5
Pretax Income	110	73.24	21.15	103.76	117.14
Income Tax Expense	21.67	13.47	3.65	23.55	31.53
Earnings From Continuing Operations	88.32	59.77	17.49	80.22	85.61
Minority Interest in Earnings	0.17	0.24	-	-	-
Net Income	88.5	60.01	17.49	80.22	85.61
Net Income to Common	88.5	60.01	17.49	80.22	85.61
Net Income Growth	47.47%	243.06%	-78.19%	-6.30%	17.50%
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	784
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	784
Shares Change (YoY)	-	-	-	27.51%	4.57%
EPS (Basic)	0.09	0.06	0.02	0.08	0.11
EPS (Diluted)	0.09	0.06	0.02	0.08	0.11
EPS Growth	47.47%	243.06%	-78.19%	-26.52%	12.36%
Free Cash Flow	-	-34.39	-37.93	-123.78	20.67
Free Cash Flow Per Share	-	-0.03	-0.04	-0.12	0.03
Dividend Per Share	-	-	-	-	0.016
Gross Margin	60.05%	56.34%	55.22%	64.64%	64.82%
Operating Margin	36.46%	33.91%	27.06%	48.85%	48.01%
Profit Margin	27.35%	25.66%	16.20%	36.00%	33.31%
Free Cash Flow Margin	-	-14.70%	-35.12%	-55.55%	8.04%
EBITDA	149.62	110.92	46.89	123.29	137.1
EBITDA Margin	46.23%	47.42%	43.42%	55.34%	53.34%
D&A For EBITDA	31.61	31.61	17.67	14.45	13.69
EBIT	118.01	79.31	29.22	108.84	123.42
EBIT Margin	36.46%	33.91%	27.06%	48.85%	48.01%
Effective Tax Rate	19.70%	18.39%	17.27%	22.69%	26.92%

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