HKG:2393 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	1,490	2,410	2,913	2,805	4,931
Revenue Growth (YoY)	-38.17%	-17.26%	3.86%	-43.12%	20.06%
Cost of Revenue	1,223	2,011	2,400	2,407	4,082
Gross Profit	266.86	399.2	512.78	397.55	848.7
Selling, General & Admin	238.26	362.41	380.58	364.9	657.01
Operating Expenses	254.65	338.57	341.74	504.38	664.33
Operating Income	12.21	60.63	171.04	-106.83	184.37
Interest Expense	-10.92	-30.16	-164.71	-273.14	-127.79
Interest & Investment Income	1.13	1.49	2.39	4.96	8.25
Earnings From Equity Investments	-	-	-	-	7.99
Currency Exchange Gain (Loss)	-	-	-	10.03	-
Other Non Operating Income (Expenses)	4.21	-5.26	7.2	2.58	-7.39
EBT Excluding Unusual Items	6.64	26.7	15.93	-362.39	65.43
Impairment of Goodwill	-44.78	-	-	-1.44	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.03
Gain (Loss) on Sale of Assets	2	0.03	0.41	0.34	0.91
Asset Writedown	-16.81	-180.49	-	-121.29	-41.58
Other Unusual Items	1.14	1,083	24.71	-	35.16
Pretax Income	-51.82	929.64	41.04	-484.78	59.94
Income Tax Expense	17.35	26.67	39.56	-10.83	47.26
Earnings From Continuing Operations	-69.17	902.98	1.48	-473.95	12.68
Earnings From Discontinued Operations	-	0.54	-4.57	-531.92	-
Net Income to Company	-69.17	903.51	-3.09	-1,006	12.68
Minority Interest in Earnings	-5.86	18.1	-10.79	13.63	-9.35
Net Income	-75.03	921.61	-13.89	-992.23	3.33
Net Income to Common	-75.03	921.61	-13.89	-992.23	3.33
Shares Outstanding (Basic)	2,332	2,332	2,332	2,332	2,347
Shares Outstanding (Diluted)	2,332	2,332	2,332	2,332	2,347
Shares Change (YoY)	-	-	-	-0.64%	-0.64%
EPS (Basic)	-0.03	0.40	-0.01	-0.43	0.00
EPS (Diluted)	-0.03	0.40	-0.01	-0.43	0.00
Free Cash Flow	-	-26.45	292.54	-115.58	665.55
Free Cash Flow Per Share	-	-0.01	0.13	-0.05	0.28
Gross Margin	17.91%	16.56%	17.61%	14.17%	17.21%
Operating Margin	0.82%	2.52%	5.87%	-3.81%	3.74%
Profit Margin	-5.04%	38.24%	-0.48%	-35.38%	0.07%
Free Cash Flow Margin	-	-1.10%	10.04%	-4.12%	13.50%
EBITDA	59.78	108.2	238.97	14.71	315.89
EBITDA Margin	4.01%	4.49%	8.20%	0.52%	6.41%
D&A For EBITDA	47.57	47.57	67.93	121.54	131.52
EBIT	12.21	60.63	171.04	-106.83	184.37
EBIT Margin	0.82%	2.52%	5.87%	-3.81%	3.74%
Effective Tax Rate	-	2.87%	96.40%	-	78.85%

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