HKG:2298 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	2,954	3,010	2,757	3,009	3,355
Revenue Growth (YoY)	-1.86%	9.18%	-8.37%	-10.33%	9.74%
Cost of Revenue	1,572	1,634	1,448	1,612	1,943
Gross Profit	1,382	1,376	1,309	1,397	1,413
Selling, General & Admin	1,240	1,204	1,298	1,431	1,797
Other Operating Expenses	1.84	-19.78	-24.1	-29.61	-33.18
Operating Expenses	1,241	1,191	1,242	1,356	1,773
Operating Income	141	184.73	66.71	40.94	-360.11
Interest Expense	-23.12	-27.22	-30.19	-33.84	-53.18
Interest & Investment Income	6.21	13.1	9.15	12.21	15.94
Earnings From Equity Investments	7.05	-0.82	3.97	-26.01	2.35
Currency Exchange Gain (Loss)	-0.94	-0.27	-2.02	-3.48	6.67
Other Non Operating Income (Expenses)	-	-2.28	-0.78	30.82	-33.7
EBT Excluding Unusual Items	130.2	167.24	46.84	20.64	-422.03
Gain (Loss) on Sale of Investments	-	-	-	2.84	-1.09
Gain (Loss) on Sale of Assets	4.91	1.07	1.16	0.31	-0.1
Asset Writedown	-0.98	-	-	4.58	-2.42
Pretax Income	134.13	168.3	48	28.38	-425.64
Income Tax Expense	23.54	52.95	7.32	4.36	70.42
Earnings From Continuing Operations	110.59	115.36	40.69	24.02	-496.06
Minority Interest in Earnings	12.82	10.8	1.8	9	2.07
Net Income	123.41	126.16	42.48	33.02	-493.99
Net Income to Common	123.41	126.16	42.48	33.02	-493.99
Net Income Growth	-2.18%	196.96%	28.64%	-	-
Shares Outstanding (Basic)	2,179	2,177	2,188	2,193	2,196
Shares Outstanding (Diluted)	2,232	2,222	2,228	2,193	2,196
Shares Change (YoY)	0.43%	-0.24%	1.56%	-0.13%	-1.12%
EPS (Basic)	0.06	0.06	0.02	0.02	-0.22
EPS (Diluted)	0.06	0.06	0.02	0.02	-0.22
EPS Growth	-3.51%	200.00%	26.20%	-	-
Free Cash Flow	-	243.87	26.53	151.85	63.89
Free Cash Flow Per Share	-	0.11	0.01	0.07	0.03
Dividend Per Share	0.014	0.015	-	-	-
Dividend Growth	-4.37%	-	-	-	-
Gross Margin	46.79%	45.70%	47.47%	46.42%	42.10%
Operating Margin	4.77%	6.14%	2.42%	1.36%	-10.73%
Profit Margin	4.18%	4.19%	1.54%	1.10%	-14.72%
Free Cash Flow Margin	-	8.10%	0.96%	5.05%	1.90%
EBITDA	216.32	260.06	179.51	171.84	-251.3
EBITDA Margin	7.32%	8.64%	6.51%	5.71%	-7.49%
D&A For EBITDA	75.33	75.33	112.8	130.9	108.81
EBIT	141	184.73	66.71	40.94	-360.11
EBIT Margin	4.77%	6.14%	2.42%	1.36%	-10.73%
Effective Tax Rate	17.55%	31.46%	15.24%	15.35%	-

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