HKG:2457 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	375.39	391.98	367.05	440.33	440.36	362.15
Revenue Growth (YoY)	-4.88%	6.79%	-16.64%	-0.01%	21.59%	-3.18%
Cost of Revenue	331.37	342.27	293.96	353.56	363.19	284.57
Gross Profit	44.02	49.71	73.09	86.77	77.17	77.58
Selling, General & Admin	21.84	22.31	21.9	23.36	24.99	30.2
Research & Development	14.65	14.46	9.11	-	-	-
Other Operating Expenses	-1.36	-1.9	-7.32	-1.69	-0.94	-0.16
Operating Expenses	33.86	34.34	24.88	23.44	24.82	30.04
Operating Income	10.17	15.38	48.21	63.34	52.35	47.54
Interest Expense	-0.37	-0.39	-0.41	-1.37	-1.57	-1.51
Interest & Investment Income	4.37	5.07	7.56	2.55	2.1	2.07
Currency Exchange Gain (Loss)	2.42	4.26	3.92	7.62	-2.43	-4.68
EBT Excluding Unusual Items	16.58	24.32	59.27	72.13	50.45	43.42
Gain (Loss) on Sale of Assets	-0.25	0.09	-2.12	-0.21	-0.13	-0.19
Other Unusual Items	-	-	-	-	-	2.51
Pretax Income	16.33	24.41	57.14	71.92	50.32	45.74
Income Tax Expense	3.65	5.23	15.83	17.94	12.66	11.03
Net Income	12.68	19.18	41.31	53.98	37.66	34.71
Net Income to Common	12.68	19.18	41.31	53.98	37.66	34.71
Net Income Growth	-65.80%	-53.57%	-23.47%	43.33%	8.52%	-24.71%
Shares Outstanding (Basic)	1,000	1,000	1,000	760	748	-
Shares Outstanding (Diluted)	1,000	1,000	1,000	760	748	-
Shares Change (YoY)	-	-	31.60%	1.59%	-	-
EPS (Basic)	0.01	0.02	0.04	0.07	0.05	-
EPS (Diluted)	0.01	0.02	0.04	0.07	0.05	-
EPS Growth	-65.80%	-53.57%	-41.85%	41.09%	-	-
Free Cash Flow	11.53	7.44	-43.02	130.41	8.97	7.71
Free Cash Flow Per Share	0.01	0.01	-0.04	0.17	0.01	-
Gross Margin	11.73%	12.68%	19.91%	19.71%	17.52%	21.42%
Operating Margin	2.71%	3.92%	13.13%	14.38%	11.89%	13.13%
Profit Margin	3.38%	4.89%	11.26%	12.26%	8.55%	9.58%
Free Cash Flow Margin	3.07%	1.90%	-11.72%	29.62%	2.04%	2.13%
EBITDA	23.27	27.45	61.15	78.2	68.65	61.19
EBITDA Margin	6.20%	7.00%	16.66%	17.76%	15.59%	16.90%
D&A For EBITDA	13.11	12.07	12.94	14.87	16.3	13.65
EBIT	10.17	15.38	48.21	63.34	52.35	47.54
EBIT Margin	2.71%	3.92%	13.13%	14.38%	11.89%	13.13%
Effective Tax Rate	22.35%	21.43%	27.70%	24.94%	25.16%	24.12%
Advertising Expenses	-	-	-	-	-	0.17

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