HKG:2291 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	551.98	471.14	325.9	247.67	222.58	148.25
Other Revenue	0.27	0.5	0.73	-	-	-
Revenue	552.25	471.64	326.62	247.67	222.58	148.25
Revenue Growth (YoY)	34.90%	44.40%	31.88%	11.27%	50.14%	27.30%
Cost of Revenue	70.54	47.61	37.53	27.98	25.04	15.13
Gross Profit	481.71	424.03	289.09	219.69	197.55	133.11
Selling, General & Admin	114.73	106.77	87.5	71.91	70.26	29.1
Research & Development	61.68	57.99	62.07	53.87	41.39	38.96
Other Operating Expenses	-4.72	-3.27	-7.37	-17.74	-10.78	-5.86
Operating Expenses	174	168.47	136.21	113.72	101.8	61.05
Operating Income	307.7	255.56	152.88	105.97	95.75	72.06
Interest Expense	-0.15	-0.16	-0.14	-18.97	-11.55	-0.01
Interest & Investment Income	25.61	28.84	25.58	5.67	7.85	0.15
Currency Exchange Gain (Loss)	1.48	1.96	-5.89	-82.28	5.19	-
Other Non Operating Income (Expenses)	-0.35	-0.14	0.6	-0.05	1.47	-0.48
EBT Excluding Unusual Items	334.29	286.06	173.04	10.34	98.72	71.73
Gain (Loss) on Sale of Investments	-1.6	-	-	-4.93	-	-0.14
Gain (Loss) on Sale of Assets	0.03	0.03	-	-	-	5.09
Asset Writedown	-	-	-	-0	-0	-
Other Unusual Items	-	-	-	-20.44	-32.69	-
Pretax Income	332.72	286.09	173.04	-15.03	66.03	76.68
Income Tax Expense	45.37	40.53	21.66	4.78	7.33	7.91
Net Income	287.36	245.56	151.38	-19.81	58.7	68.77
Net Income to Common	287.36	245.56	151.38	-19.81	58.7	68.77
Net Income Growth	33.01%	62.22%	-	-	-14.65%	32.49%
Shares Outstanding (Basic)	347	347	347	328	304	277
Shares Outstanding (Diluted)	347	347	347	328	304	277
Shares Change (YoY)	-	-	5.86%	7.79%	9.63%	-
EPS (Basic)	0.83	0.71	0.44	-0.06	0.19	0.25
EPS (Diluted)	0.83	0.71	0.44	-0.06	0.19	0.25
EPS Growth	33.01%	62.22%	-	-	-22.14%	32.49%
Free Cash Flow	191	137.05	66.75	52.25	82.83	56.57
Free Cash Flow Per Share	0.55	0.40	0.19	0.16	0.27	0.20
Dividend Per Share	0.620	0.620	0.570	-	-	-
Dividend Growth	8.77%	8.77%	-	-	-	-
Gross Margin	87.23%	89.91%	88.51%	88.70%	88.75%	89.79%
Operating Margin	55.72%	54.19%	46.81%	42.79%	43.02%	48.61%
Profit Margin	52.03%	52.06%	46.35%	-8.00%	26.37%	46.39%
Free Cash Flow Margin	34.59%	29.06%	20.44%	21.10%	37.21%	38.16%
EBITDA	337.28	276.89	158.89	117.99	103.88	77.71
EBITDA Margin	61.07%	58.71%	48.65%	47.64%	46.67%	52.42%
D&A For EBITDA	29.57	21.33	6.01	12.02	8.13	5.64
EBIT	307.7	255.56	152.88	105.97	95.75	72.06
EBIT Margin	55.72%	54.19%	46.81%	42.79%	43.02%	48.61%
Effective Tax Rate	13.63%	14.17%	12.52%	-	11.10%	10.31%
Revenue as Reported	552.25	471.64	326.62	-	-	-
Advertising Expenses	-	3.25	3.19	-	-	-

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