HKG:2451 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	5,072	5,083	4,783	3,418	2,378
Revenue Growth (YoY)	-0.22%	6.27%	39.95%	43.70%	-
Cost of Revenue	4,407	4,402	4,222	3,031	2,092
Gross Profit	665.01	681.24	561.33	387.11	286.22
Selling, General & Admin	415.46	415.47	348.63	256.83	182.84
Research & Development	231.17	189.4	150.5	95.83	83.52
Other Operating Expenses	-64.98	14.89	3.46	-15.62	-6.62
Operating Expenses	581.66	619.76	502.58	337.04	259.74
Operating Income	83.35	61.48	58.75	50.07	26.48
Interest Expense	-21.98	-21.98	-24.77	-15.38	-6.91
Interest & Investment Income	44.06	36.15	23.64	12.33	16.72
Earnings From Equity Investments	-1.16	0.07	0.2	0.31	-0.02
Currency Exchange Gain (Loss)	0.73	0.82	1.12	-0.02	-0.73
EBT Excluding Unusual Items	105	76.54	58.94	47.32	35.53
Gain (Loss) on Sale of Investments	20.23	15.59	26.43	14.86	8.67
Gain (Loss) on Sale of Assets	0.2	-0.21	1.73	-0.76	-1.9
Other Unusual Items	-	59.23	35.15	0.17	1.01
Pretax Income	125.43	151.14	122.25	61.59	43.32
Income Tax Expense	9.36	5.53	4.22	2.33	3.04
Earnings From Continuing Operations	116.07	145.61	118.03	59.26	40.28
Minority Interest in Earnings	0.69	-	-	-	0.01
Net Income	116.76	145.61	118.03	59.26	40.29
Net Income to Common	116.76	145.61	118.03	59.26	40.29
Net Income Growth	-19.81%	23.36%	99.17%	47.07%	-
Shares Outstanding (Basic)	395	336	320	32	32
Shares Outstanding (Diluted)	403	338	320	32	32
Shares Change (YoY)	19.26%	5.47%	900.00%	-	-
EPS (Basic)	0.30	0.43	0.37	1.85	1.26
EPS (Diluted)	0.29	0.43	0.37	1.85	1.26
EPS Growth	-32.56%	16.58%	-80.08%	47.07%	-
Free Cash Flow	-	57.32	285.56	-172.72	-90.65
Free Cash Flow Per Share	-	0.17	0.89	-5.40	-2.83
Dividend Per Share	0.141	-	-	-	-
Gross Margin	13.11%	13.40%	11.74%	11.33%	12.04%
Operating Margin	1.64%	1.21%	1.23%	1.47%	1.11%
Profit Margin	2.30%	2.86%	2.47%	1.73%	1.69%
Free Cash Flow Margin	-	1.13%	5.97%	-5.05%	-3.81%
EBITDA	169.3	147.43	128.7	106.19	78.47
EBITDA Margin	3.34%	2.90%	2.69%	3.11%	3.30%
D&A For EBITDA	85.95	85.95	69.95	56.12	51.99
EBIT	83.35	61.48	58.75	50.07	26.48
EBIT Margin	1.64%	1.21%	1.23%	1.47%	1.11%
Effective Tax Rate	7.46%	3.66%	3.45%	3.79%	7.01%
Advertising Expenses	106.28	110.29	79.52	79.58	30.51

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