HKG:2392 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
Revenue	914.72	1,151	1,281	1,043	991.94	796.76
Revenue Growth (YoY)	-34.61%	-10.15%	22.80%	5.18%	24.50%	32.75%
Cost of Revenue	731.24	941.5	1,077	817.73	757.28	601.42
Gross Profit	183.48	209.78	204.65	225.65	234.66	195.34
Selling, General & Admin	139.3	140.86	183.2	187.68	159.54	116.9
Research & Development	61.34	65.53	92.62	82.72	66.13	53.02
Other Operating Expenses	-3.24	-5.22	-10.84	-13.92	-10.4	-8.01
Operating Expenses	203.76	207.53	272.87	263.82	220.62	166.22
Operating Income	-20.28	2.24	-68.23	-38.17	14.04	29.12
Interest Expense	-4.4	-4.57	-4.75	-4.1	-	-3.01
Interest & Investment Income	0.3	0.77	1.95	1.15	0.75	0.71
Currency Exchange Gain (Loss)	-0.36	-0.25	-0.71	3.56	-	-
Other Non Operating Income (Expenses)	-0.06	-0.06	0.02	-0.01	-2.61	-0.02
EBT Excluding Unusual Items	-24.79	-1.86	-71.72	-37.56	12.18	26.8
Gain (Loss) on Sale of Investments	0.33	0.57	0.05	1.29	1.21	0.54
Gain (Loss) on Sale of Assets	-0.01	-0	-0.04	-0.03	-0.91	-
Other Unusual Items	0.38	0.38	-	-	-	0.02
Pretax Income	-24.09	-0.92	-71.71	-36.3	12.48	27.36
Income Tax Expense	0.08	0.15	0.06	-1.33	-2.87	-1.95
Earnings From Continuing Operations	-24.17	-1.07	-71.77	-34.97	15.35	29.31
Minority Interest in Earnings	11.65	7.98	-0.59	-0.71	-0.84	-1.56
Net Income	-12.52	6.91	-72.36	-35.68	14.51	27.75
Net Income to Common	-12.52	6.91	-72.36	-35.68	14.51	27.75
Net Income Growth	-	-	-	-	-47.70%	92.72%
Shares Outstanding (Basic)	548	553	560	542	526	526
Shares Outstanding (Diluted)	548	554	560	542	526	526
Shares Change (YoY)	-0.97%	-1.06%	3.23%	3.14%	-	-
EPS (Basic)	-0.02	0.01	-0.13	-0.07	0.03	0.05
EPS (Diluted)	-0.02	0.01	-0.13	-0.07	0.03	0.05
EPS Growth	-	-	-	-	-47.70%	92.72%
Free Cash Flow	25.75	-78.87	-6.45	-145.08	-23.61	35.59
Free Cash Flow Per Share	0.05	-0.14	-0.01	-0.27	-0.04	0.07
Gross Margin	20.06%	18.22%	15.97%	21.63%	23.66%	24.52%
Operating Margin	-2.22%	0.19%	-5.33%	-3.66%	1.42%	3.65%
Profit Margin	-1.37%	0.60%	-5.65%	-3.42%	1.46%	3.48%
Free Cash Flow Margin	2.82%	-6.85%	-0.50%	-13.91%	-2.38%	4.47%
EBITDA	-18	4.32	-65.95	-35.76	15.99	31.06
EBITDA Margin	-1.97%	0.38%	-5.15%	-3.43%	1.61%	3.90%
D&A For EBITDA	2.28	2.08	2.28	2.41	1.95	1.94
EBIT	-20.28	2.24	-68.23	-38.17	14.04	29.12
EBIT Margin	-2.22%	0.19%	-5.33%	-3.66%	1.42%	3.65%

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