HKG:2408 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,332	1,154	800.51	418.1
Revenue Growth (YoY)	218.58%	44.21%	91.47%	-
Cost of Revenue	453.04	413.79	298.23	168.18
Gross Profit	878.92	740.64	502.28	249.91
Selling, General & Admin	388.25	336.91	224.79	129.84
Other Operating Expenses	96.57	83.97	56.87	32.7
Operating Expenses	743.42	647.37	431.3	278.98
Operating Income	135.5	93.27	70.98	-29.07
Interest Expense	-29.25	-27.46	-19.12	-16.81
Interest & Investment Income	3.5	2.7	2.79	2.03
Other Non Operating Income (Expenses)	-11.03	3.57	10.81	5.55
EBT Excluding Unusual Items	98.73	72.08	65.46	-38.3
Merger & Restructuring Charges	-0.52	-0.52	-1.46	-0.86
Gain (Loss) on Sale of Investments	0.66	0.77	0.6	0.32
Asset Writedown	-2.7	-1.59	-8.94	-9.44
Other Unusual Items	4.56	4.14	1.48	0.13
Pretax Income	100.72	74.88	57.14	-48.15
Income Tax Expense	19.56	14.18	11.22	-12.17
Net Income	81.17	60.7	45.91	-35.97
Preferred Dividends & Other Adjustments	3.24	2.41	1.82	-1.43
Net Income to Common	77.92	58.29	44.09	-34.54
Net Income Growth	-	32.20%	-	-
Shares Outstanding (Basic)	577	577	575	573
Shares Outstanding (Diluted)	585	585	580	579
Shares Change (YoY)	1.11%	0.92%	0.20%	-
EPS (Basic)	0.13	0.10	0.08	-0.06
EPS (Diluted)	0.13	0.10	0.08	-0.06
EPS Growth	-	31.05%	-	-
Free Cash Flow	263.57	216.22	184.38	73.98
Free Cash Flow Per Share	0.45	0.37	0.32	0.13
Gross Margin	65.99%	64.16%	62.74%	59.77%
Operating Margin	10.17%	8.08%	8.87%	-6.95%
Profit Margin	5.85%	5.05%	5.51%	-8.26%
Free Cash Flow Margin	19.79%	18.73%	23.03%	17.69%
EBITDA	179.53	129.05	94.03	-8.1
EBITDA Margin	13.48%	11.18%	11.75%	-1.94%
D&A For EBITDA	44.03	35.78	23.05	20.98
EBIT	135.5	93.27	70.98	-29.07
EBIT Margin	10.17%	8.08%	8.87%	-6.95%
Effective Tax Rate	19.42%	18.94%	19.64%	-
Advertising Expenses	-	13.34	5.04	6.15

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