HKG:2299 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	18,049	20,632	17,755	15,565	14,242
Revenue Growth (YoY)	-12.52%	16.20%	14.07%	9.29%	68.92%
Cost of Revenue	16,613	19,059	16,705	14,141	11,494
Gross Profit	1,436	1,572	1,050	1,424	2,748
Selling, General & Admin	906.87	1,043	879.86	896.2	819.67
Other Operating Expenses	-105.41	-290.88	-194.74	-184.87	-230.93
Operating Expenses	801.46	752.16	685.12	711.34	588.75
Operating Income	634.98	820.18	364.94	712.61	2,159
Interest Expense	-108.52	-132.49	-120.18	-216.31	-268.93
Interest & Investment Income	177.51	187.03	209.98	277.16	193.74
Currency Exchange Gain (Loss)	8.32	-36.37	-43.1	-26.83	4.43
EBT Excluding Unusual Items	712.29	838.35	411.63	746.62	2,088
Gain (Loss) on Sale of Investments	-	-	0.09	-4.5	4.5
Gain (Loss) on Sale of Assets	-0.02	0.25	-0.39	2.67	-1.32
Pretax Income	712.26	838.6	411.33	744.8	2,091
Income Tax Expense	69.07	90.7	57.94	88.98	331.75
Net Income	643.2	747.9	353.4	655.82	1,760
Net Income to Common	643.2	747.9	353.4	655.82	1,760
Net Income Growth	-14.00%	111.63%	-46.11%	-62.73%	125.18%
Shares Outstanding (Basic)	2,114	2,118	2,119	2,119	2,119
Shares Outstanding (Diluted)	2,114	2,118	2,119	2,119	2,119
Shares Change (YoY)	-0.17%	-0.06%	-0.01%	-0.00%	-0.14%
EPS (Basic)	0.30	0.35	0.17	0.31	0.83
EPS (Diluted)	0.30	0.35	0.17	0.31	0.83
EPS Growth	-13.86%	111.75%	-46.11%	-62.73%	125.48%
Free Cash Flow	-	743.06	-1,124	195.9	4,989
Free Cash Flow Per Share	-	0.35	-0.53	0.09	2.35
Dividend Per Share	0.090	-	-	-	-
Gross Margin	7.96%	7.62%	5.91%	9.15%	19.29%
Operating Margin	3.52%	3.98%	2.05%	4.58%	15.16%
Profit Margin	3.56%	3.62%	1.99%	4.21%	12.36%
Free Cash Flow Margin	-	3.60%	-6.33%	1.26%	35.03%
EBITDA	1,443	1,628	1,119	1,406	2,775
EBITDA Margin	7.99%	7.89%	6.30%	9.03%	19.49%
D&A For EBITDA	808.1	808.1	754.06	692.93	616.4
EBIT	634.98	820.18	364.94	712.61	2,159
EBIT Margin	3.52%	3.98%	2.05%	4.58%	15.16%
Effective Tax Rate	9.70%	10.82%	14.09%	11.95%	15.86%

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