HKG:2270 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	488.37	453.51	339.94	267.27	253.3
Revenue Growth (YoY)	7.69%	33.41%	27.19%	5.52%	98.01%
Cost of Revenue	382.88	353.68	248.71	172.6	149.87
Gross Profit	105.49	99.83	91.23	94.67	103.43
Selling, General & Admin	48.91	49.74	62.69	48.18	63.54
Other Operating Expenses	1.19	1.14	0.57	1.53	1.81
Operating Expenses	57.24	53.21	45.62	74.34	67.99
Operating Income	48.26	46.62	45.61	20.33	35.44
Interest Expense	-16.03	-15.19	-9.47	-0.2	-0.11
Interest & Investment Income	4.18	3.3	6.58	4.47	3.43
Earnings From Equity Investments	6.06	1.61	1.49	-0.11	-
Currency Exchange Gain (Loss)	-0.78	0.65	1.47	12.69	0.31
Other Non Operating Income (Expenses)	1.37	1.01	-2.21	-0.17	0.81
EBT Excluding Unusual Items	43.05	38	43.48	37.01	39.89
Gain (Loss) on Sale of Investments	0.08	-	-	-	-
Asset Writedown	-0.29	-0.92	-	-	-
Other Unusual Items	5.38	7.2	2.47	-	0.42
Pretax Income	48.22	44.28	45.95	37.01	40.31
Income Tax Expense	7.48	6.38	5.95	3.45	7.37
Earnings From Continuing Operations	40.74	37.91	40.01	33.56	32.94
Minority Interest in Earnings	-	-0.89	-0.8	0.04	0.5
Net Income	40.74	37.01	39.21	33.6	33.44
Net Income to Common	40.74	37.01	39.21	33.6	33.44
Net Income Growth	10.06%	-5.59%	16.70%	0.47%	-22.10%
Shares Outstanding (Basic)	555	569	619	615	456
Shares Outstanding (Diluted)	583	571	621	618	459
Shares Change (YoY)	2.07%	-7.99%	0.50%	34.59%	2.00%
EPS (Basic)	0.07	0.07	0.06	0.05	0.07
EPS (Diluted)	0.07	0.06	0.06	0.05	0.07
EPS Growth	7.81%	2.69%	15.99%	-25.38%	-23.58%
Free Cash Flow	-	57.24	-6.53	-32.09	17.16
Free Cash Flow Per Share	-	0.10	-0.01	-0.05	0.04
Dividend Per Share	-	-	-	0.048	-
Gross Margin	21.60%	22.01%	26.84%	35.42%	40.83%
Operating Margin	9.88%	10.28%	13.42%	7.61%	13.99%
Profit Margin	8.34%	8.16%	11.53%	12.57%	13.20%
Free Cash Flow Margin	-	12.62%	-1.92%	-12.01%	6.77%
EBITDA	86.46	84.83	62.96	21.58	36.37
EBITDA Margin	17.70%	18.70%	18.52%	8.08%	14.36%
D&A For EBITDA	38.21	38.21	17.34	1.26	0.93
EBIT	48.26	46.62	45.61	20.33	35.44
EBIT Margin	9.88%	10.28%	13.42%	7.61%	13.99%
Effective Tax Rate	15.52%	14.40%	12.94%	9.33%	18.27%

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