HKG:2271 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	472.38	412.24	351.13	319.74	295.69
Revenue Growth (YoY)	14.59%	17.40%	9.82%	8.13%	28.18%
Cost of Revenue	349.79	291.96	232.32	203.4	184.59
Gross Profit	122.59	120.28	118.81	116.34	111.11
Selling, General & Admin	53.52	60.9	49.55	47.57	36.75
Amortization of Goodwill & Intangibles	-	-	-	-	0.03
Operating Expenses	53.52	68.87	53.39	50.23	37.82
Operating Income	69.08	51.42	65.42	66.11	73.29
Interest Expense	-1.26	-	-	-	-
Interest & Investment Income	-	0.09	0.16	0.15	0.28
Earnings From Equity Investments	0.03	-0.02	-	-	-
Other Non Operating Income (Expenses)	1.04	1.25	3.73	2	-17.06
EBT Excluding Unusual Items	68.88	52.73	69.32	68.26	56.51
Asset Writedown	-26.51	-	-	-	-
Pretax Income	42.37	52.73	69.32	68.26	56.51
Income Tax Expense	12.03	15.39	19.89	17.33	14.72
Earnings From Continuing Operations	30.34	37.34	49.42	50.94	41.79
Minority Interest in Earnings	1.16	0.73	-0.08	-0.12	-2.8
Net Income	31.5	38.07	49.35	50.82	38.99
Net Income to Common	31.5	38.07	49.35	50.82	38.99
Net Income Growth	-17.26%	-22.86%	-2.90%	30.33%	6.72%
Shares Outstanding (Basic)	516	517	442	380	380
Shares Outstanding (Diluted)	516	517	442	380	380
Shares Change (YoY)	-0.21%	17.14%	16.24%	-	-
EPS (Basic)	0.06	0.07	0.11	0.13	0.10
EPS (Diluted)	0.06	0.07	0.11	0.13	0.10
EPS Growth	-17.09%	-34.15%	-16.46%	30.33%	-
Free Cash Flow	-	-27.29	0.59	-3.88	25.37
Free Cash Flow Per Share	-	-0.05	0.00	-0.01	0.07
Dividend Per Share	-	0.019	0.025	-	-
Dividend Growth	-	-22.86%	-	-	-
Gross Margin	25.95%	29.18%	33.84%	36.39%	37.57%
Operating Margin	14.62%	12.47%	18.63%	20.67%	24.78%
Profit Margin	6.67%	9.23%	14.05%	15.89%	13.19%
Free Cash Flow Margin	-	-6.62%	0.17%	-1.21%	8.58%
EBITDA	70.01	52.35	66.4	67.07	74.02
EBITDA Margin	14.82%	12.70%	18.91%	20.98%	25.03%
D&A For EBITDA	0.93	0.93	0.98	0.96	0.74
EBIT	69.08	51.42	65.42	66.11	73.29
EBIT Margin	14.62%	12.47%	18.63%	20.67%	24.78%
Effective Tax Rate	28.39%	29.18%	28.70%	25.38%	26.05%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.