HKG:2433 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	920.85	930.8	1,952	1,891	1,823	1,770
Revenue Growth (YoY)	-43.41%	-52.32%	3.25%	3.69%	3.02%	-2.85%
Cost of Revenue	849.53	859.82	1,739	1,684	1,628	1,583
Gross Profit	71.32	70.98	212.64	206.56	195.65	187.14
Selling, General & Admin	73.54	73.99	125.47	117.55	116.53	55.02
Research & Development	-	-	-	-	-	54.14
Operating Expenses	96.9	101.57	141.24	120.28	117.44	115.61
Operating Income	-25.58	-30.59	71.39	86.28	78.21	71.53
Interest Expense	-4.74	-5.32	-7.79	-7.41	-3.55	-5.3
Interest & Investment Income	0.4	0.14	0.47	0.5	0.22	0.46
Other Non Operating Income (Expenses)	-6.89	-6.81	-11.47	-5.85	-4.1	-13.21
EBT Excluding Unusual Items	-36.8	-42.58	52.6	73.52	70.78	53.48
Gain (Loss) on Sale of Assets	-0.64	-0.67	-0.01	-	-0.2	5.69
Asset Writedown	-1.26	-1.26	-	-	-	-
Other Unusual Items	13.2	13.7	0.26	0.21	1.44	0.37
Pretax Income	-25.51	-30.82	52.85	73.73	72.02	59.54
Income Tax Expense	-2.24	-4.38	6.86	8.24	10.11	9.94
Earnings From Continuing Operations	-23.26	-26.44	45.99	65.49	61.9	49.6
Minority Interest in Earnings	1.03	1.05	-0.71	-1.02	-1.33	-1.07
Net Income	-22.24	-25.39	45.28	64.47	60.57	48.53
Net Income to Common	-22.24	-25.39	45.28	64.47	60.57	48.53
Net Income Growth	-	-	-29.77%	6.44%	24.80%	-2.50%
Shares Outstanding (Basic)	576	542	472	360	360	-
Shares Outstanding (Diluted)	576	542	472	360	360	-
Shares Change (YoY)	14.07%	14.85%	31.05%	-	-	-
EPS (Basic)	-0.04	-0.05	0.10	0.18	0.17	-
EPS (Diluted)	-0.04	-0.05	0.10	0.18	0.17	-
EPS Growth	-	-	-46.41%	6.44%	-	-
Free Cash Flow	31.25	-13.06	-149.64	18.09	26.02	36.45
Free Cash Flow Per Share	0.05	-0.02	-0.32	0.05	0.07	-
Gross Margin	7.75%	7.63%	10.89%	10.93%	10.73%	10.57%
Operating Margin	-2.78%	-3.29%	3.66%	4.56%	4.29%	4.04%
Profit Margin	-2.42%	-2.73%	2.32%	3.41%	3.32%	2.74%
Free Cash Flow Margin	3.39%	-1.40%	-7.67%	0.96%	1.43%	2.06%
EBITDA	-23.13	-27.06	76.15	91.32	84.25	77.48
EBITDA Margin	-2.51%	-2.91%	3.90%	4.83%	4.62%	4.38%
D&A For EBITDA	2.45	3.53	4.76	5.05	6.04	5.95
EBIT	-25.58	-30.59	71.39	86.28	78.21	71.53
EBIT Margin	-2.78%	-3.29%	3.66%	4.56%	4.29%	4.04%
Effective Tax Rate	-	-	12.97%	11.18%	14.04%	16.69%

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