HKG:2382 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	43,229	38,294	31,681	33,197	37,497
Revenue Growth (YoY)	12.89%	20.87%	-4.57%	-11.47%	-1.33%
Cost of Revenue	34,713	31,288	27,091	26,592	28,761
Gross Profit	8,516	7,006	4,590	6,605	8,736
Selling, General & Admin	1,763	1,839	1,425	1,281	1,032
Research & Development	3,259	2,924	2,566	2,803	2,642
Operating Expenses	5,028	4,763	4,014	4,095	3,679
Operating Income	3,488	2,243	576.65	2,510	5,057
Interest Expense	-436.19	-499.38	-449.15	-292.94	-230.25
Interest & Investment Income	607.62	751.54	932.71	402.89	411.98
Earnings From Equity Investments	171.59	118.38	22.52	-6	19.01
Currency Exchange Gain (Loss)	98.44	-104.93	-76.91	-241.98	33.95
Other Non Operating Income (Expenses)	519.11	544.59	344.69	324.85	346.2
EBT Excluding Unusual Items	4,449	3,053	1,351	2,696	5,638
Gain (Loss) on Sale of Investments	919.82	9.65	-0.2	-28.73	-1.77
Gain (Loss) on Sale of Assets	47.39	80.42	7.85	47.22	-1.35
Pretax Income	5,416	3,144	1,358	2,715	5,635
Income Tax Expense	608.96	366.51	207.83	240.83	578.97
Earnings From Continuing Operations	4,807	2,777	1,150	2,474	5,056
Minority Interest in Earnings	-167.88	-77.87	-50.91	-66.35	-67.91
Net Income	4,639	2,699	1,099	2,408	4,988
Net Income to Common	4,639	2,699	1,099	2,408	4,988
Net Income Growth	71.87%	145.51%	-54.34%	-51.73%	2.38%
Shares Outstanding (Basic)	1,088	1,088	1,092	1,093	1,093
Shares Outstanding (Diluted)	1,092	1,089	1,093	1,094	1,094
Shares Change (YoY)	0.29%	-0.34%	-0.10%	-0.03%	-0.04%
EPS (Basic)	4.27	2.48	1.01	2.20	4.57
EPS (Diluted)	4.25	2.48	1.01	2.20	4.56
EPS Growth	71.37%	146.33%	-54.29%	-51.71%	2.42%
Free Cash Flow	-	1,372	419.72	4,330	4,453
Free Cash Flow Per Share	-	1.26	0.38	3.96	4.07
Dividend Per Share	1.059	0.493	0.200	0.439	0.955
Dividend Growth	114.81%	146.50%	-54.44%	-54.04%	7.57%
Gross Margin	19.70%	18.30%	14.49%	19.90%	23.30%
Operating Margin	8.07%	5.86%	1.82%	7.56%	13.49%
Profit Margin	10.73%	7.05%	3.47%	7.25%	13.30%
Free Cash Flow Margin	-	3.58%	1.32%	13.04%	11.88%
EBITDA	5,650	4,405	2,586	4,385	6,756
EBITDA Margin	13.07%	11.50%	8.16%	13.21%	18.02%
D&A For EBITDA	2,162	2,162	2,009	1,875	1,699
EBIT	3,488	2,243	576.65	2,510	5,057
EBIT Margin	8.07%	5.86%	1.82%	7.56%	13.49%
Effective Tax Rate	11.24%	11.66%	15.30%	8.87%	10.27%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.