HKG:2457 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	404.83	391.98	367.05	440.33	440.36
Revenue Growth (YoY)	3.28%	6.79%	-16.64%	-0.01%	21.59%
Cost of Revenue	360.27	342.27	293.96	353.56	363.19
Gross Profit	44.55	49.71	73.09	86.77	77.17
Selling, General & Admin	22.16	22.31	21.9	23.36	24.99
Research & Development	15.15	14.46	9.11	-	-
Other Operating Expenses	-1.72	-1.9	-7.32	-1.69	-0.94
Operating Expenses	35.5	34.34	24.88	23.44	24.82
Operating Income	9.06	15.38	48.21	63.34	52.35
Interest Expense	-0.36	-0.39	-0.41	-1.37	-1.57
Interest & Investment Income	4.5	5.07	7.56	2.55	2.1
Currency Exchange Gain (Loss)	-0.67	4.26	3.92	7.62	-2.43
EBT Excluding Unusual Items	12.53	24.32	59.27	72.13	50.45
Gain (Loss) on Sale of Assets	-0.32	0.09	-2.12	-0.21	-0.13
Pretax Income	12.21	24.41	57.14	71.92	50.32
Income Tax Expense	1.14	5.23	15.83	17.94	12.66
Net Income	11.06	19.18	41.31	53.98	37.66
Net Income to Common	11.06	19.18	41.31	53.98	37.66
Net Income Growth	-42.32%	-53.57%	-23.47%	43.33%	8.52%
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	-42.32%	-53.57%	-41.85%	41.09%	-
Free Cash Flow	-	7.44	-43.02	130.41	8.97
Free Cash Flow Per Share	-	0.01	-0.04	0.17	0.01
Gross Margin	11.00%	12.68%	19.91%	19.71%	17.52%
Operating Margin	2.24%	3.92%	13.13%	14.38%	11.89%
Profit Margin	2.73%	4.89%	11.26%	12.26%	8.55%
Free Cash Flow Margin	-	1.90%	-11.72%	29.62%	2.04%
EBITDA	21.13	27.45	61.15	78.2	68.65
EBITDA Margin	5.22%	7.00%	16.66%	17.76%	15.59%
D&A For EBITDA	12.07	12.07	12.94	14.87	16.3
EBIT	9.06	15.38	48.21	63.34	52.35
EBIT Margin	2.24%	3.92%	13.13%	14.38%	11.89%
Effective Tax Rate	9.36%	21.43%	27.70%	24.94%	25.16%

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