HKG:2386 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	70,074	64,198	56,353	53,028	57,760
Revenue Growth (YoY)	9.15%	13.92%	6.27%	-8.19%	10.33%
Cost of Revenue	64,897	58,862	50,713	47,416	51,291
Gross Profit	5,177	5,337	5,641	5,612	6,468
Selling, General & Admin	1,712	1,570	1,599	1,491	1,507
Research & Development	2,414	2,515	2,211	2,578	2,379
Other Operating Expenses	-74.14	-210.39	197.59	36.44	924.57
Operating Expenses	4,052	3,875	4,008	4,106	4,811
Operating Income	1,125	1,462	1,633	1,507	1,658
Interest Expense	-29.69	-19.65	-17.71	-12.59	-13.36
Interest & Investment Income	1,049	1,200	1,092	1,009	954.62
Earnings From Equity Investments	-17.94	4.92	13.14	16.43	18.68
Currency Exchange Gain (Loss)	23.05	48.11	13.57	229.8	-82.99
EBT Excluding Unusual Items	2,150	2,695	2,734	2,749	2,534
Gain (Loss) on Sale of Investments	-	41.86	-	-	-
Gain (Loss) on Sale of Assets	76.05	94.13	39.44	3.33	51.18
Other Unusual Items	15.76	20.91	1.73	10.09	6.75
Pretax Income	2,242	2,852	2,775	2,762	2,592
Income Tax Expense	435.47	378.19	430.88	477.12	462.43
Earnings From Continuing Operations	1,807	2,474	2,344	2,285	2,130
Minority Interest in Earnings	-9.01	-8	-7.36	-0.06	-0.39
Net Income	1,798	2,466	2,337	2,285	2,130
Net Income to Common	1,798	2,466	2,337	2,285	2,130
Net Income Growth	-27.09%	5.52%	2.26%	7.30%	-10.59%
Shares Outstanding (Basic)	4,395	4,396	4,428	4,428	4,428
Shares Outstanding (Diluted)	4,395	4,396	4,428	4,428	4,428
Shares Change (YoY)	-0.03%	-0.71%	-0.01%	-	-
EPS (Basic)	0.41	0.56	0.53	0.52	0.48
EPS (Diluted)	0.41	0.56	0.53	0.52	0.48
EPS Growth	-27.07%	6.28%	2.27%	7.30%	-10.59%
Free Cash Flow	7,902	-2,516	2,168	6,101	2,292
Free Cash Flow Per Share	1.80	-0.57	0.49	1.38	0.52
Dividend Per Share	0.264	0.358	0.343	0.328	0.313
Dividend Growth	-26.26%	4.37%	4.57%	4.79%	4.33%
Gross Margin	7.39%	8.31%	10.01%	10.58%	11.20%
Operating Margin	1.61%	2.28%	2.90%	2.84%	2.87%
Profit Margin	2.56%	3.84%	4.15%	4.31%	3.69%
Free Cash Flow Margin	11.28%	-3.92%	3.85%	11.50%	3.97%
EBITDA	1,922	2,323	2,400	2,207	2,322
EBITDA Margin	2.74%	3.62%	4.26%	4.16%	4.02%
D&A For EBITDA	796.86	861.64	767.11	700.22	664.64
EBIT	1,125	1,462	1,633	1,507	1,658
EBIT Margin	1.61%	2.28%	2.90%	2.84%	2.87%
Effective Tax Rate	19.42%	13.26%	15.53%	17.27%	17.84%

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