HKG:2439 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	253.42	407.5	365.81	299.79	256.74
Revenue Growth (YoY)	-37.81%	11.39%	22.02%	16.77%	53.99%
Cost of Revenue	155.16	245.46	220.36	179.55	143.61
Gross Profit	98.26	162.04	145.45	120.24	113.13
Selling, General & Admin	64.46	47.23	46.37	30.62	14.72
Operating Expenses	64.46	47.23	46.37	30.62	14.72
Operating Income	33.8	114.81	99.09	89.62	98.41
Interest Expense	-1.03	-3.29	-4.01	-3.39	-3.43
Interest & Investment Income	0.95	0.81	2.5	0.26	0.19
Currency Exchange Gain (Loss)	-	-	0.09	-	-
Other Non Operating Income (Expenses)	1.72	17.72	0.6	-16.66	-3.2
EBT Excluding Unusual Items	35.45	130.05	98.26	69.83	91.98
Gain (Loss) on Sale of Assets	-	-	-	0	-
Other Unusual Items	-	1.75	1.87	-	-
Pretax Income	35.45	131.8	100.13	69.83	91.98
Income Tax Expense	6	19.43	15.52	12.84	13.56
Earnings From Continuing Operations	29.45	112.38	84.61	56.99	78.42
Minority Interest in Earnings	-0.34	-1.22	-0.64	-0.48	-
Net Income	29.11	111.16	83.97	56.51	78.42
Net Income to Common	29.11	111.16	83.97	56.51	78.42
Net Income Growth	-73.81%	32.38%	48.60%	-27.94%	59.15%
Shares Outstanding (Basic)	1,000	1,000	954	810	810
Shares Outstanding (Diluted)	1,000	1,000	954	810	810
Shares Change (YoY)	-	4.86%	17.74%	-	-
EPS (Basic)	0.03	0.11	0.09	0.07	0.10
EPS (Diluted)	0.03	0.11	0.09	0.07	0.10
EPS Growth	-73.81%	26.25%	26.21%	-27.94%	-
Free Cash Flow	-	87.96	60.72	13.73	106.45
Free Cash Flow Per Share	-	0.09	0.06	0.02	0.13
Gross Margin	38.77%	39.76%	39.76%	40.11%	44.06%
Operating Margin	13.34%	28.18%	27.09%	29.89%	38.33%
Profit Margin	11.49%	27.28%	22.95%	18.85%	30.54%
Free Cash Flow Margin	-	21.58%	16.60%	4.58%	41.46%
EBITDA	44.92	125.93	105.96	95.1	102.13
EBITDA Margin	17.72%	30.90%	28.97%	31.72%	39.78%
D&A For EBITDA	11.11	11.11	6.87	5.48	3.72
EBIT	33.8	114.81	99.09	89.62	98.41
EBIT Margin	13.34%	28.18%	27.09%	29.89%	38.33%
Effective Tax Rate	16.92%	14.74%	15.50%	18.39%	14.74%

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