HKG:2460 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	11,002	13,521	13,515	12,623	11,340
Revenue Growth (YoY)	-18.63%	0.05%	7.07%	11.31%	-
Cost of Revenue	5,977	7,124	7,480	7,364	6,369
Gross Profit	5,025	6,397	6,035	5,259	4,971
Selling, General & Admin	4,117	4,354	4,387	4,143	4,010
Research & Development	76.93	53.35	61.51	49.18	48.98
Operating Expenses	4,194	4,409	4,452	4,219	4,049
Operating Income	831.66	1,989	1,583	1,040	921.9
Interest Expense	-1.86	-2.44	-42.52	-1.62	-1.78
Interest & Investment Income	274.67	167.52	193.58	218.26	190.11
Currency Exchange Gain (Loss)	1.49	0.54	0.92	2.81	-2.2
Other Non Operating Income (Expenses)	118.03	58.79	93.93	119.28	104.26
EBT Excluding Unusual Items	1,224	2,213	1,829	1,379	1,212
Gain (Loss) on Sale of Investments	4.75	18.72	63.55	-	-
Gain (Loss) on Sale of Assets	-12.67	-13.57	-13.84	-3.37	-6.78
Other Unusual Items	-	5.44	-	-	-
Pretax Income	1,216	2,224	1,878	1,375	1,205
Income Tax Expense	207.61	562.86	547.06	386.7	347.36
Earnings From Continuing Operations	1,008	1,661	1,331	988.72	858.14
Minority Interest in Earnings	-23.13	-24.15	-2.03	1.09	-
Net Income	985.34	1,637	1,329	989.81	858.14
Net Income to Common	985.34	1,637	1,329	989.81	858.14
Net Income Growth	-39.80%	23.12%	34.30%	15.34%	-
Shares Outstanding (Basic)	2,398	2,073	2,000	2,000	2,000
Shares Outstanding (Diluted)	2,398	2,073	2,000	2,000	2,000
Shares Change (YoY)	15.68%	3.66%	-	-	-
EPS (Basic)	0.41	0.79	0.66	0.49	0.43
EPS (Diluted)	0.41	0.79	0.66	0.49	0.43
EPS Growth	-48.07%	18.78%	34.30%	15.34%	-
Free Cash Flow	-	-587.84	-532.69	122.04	512.51
Free Cash Flow Per Share	-	-0.28	-0.27	0.06	0.26
Dividend Per Share	0.206	0.307	-	-	-
Dividend Growth	-32.90%	-	-	-	-
Gross Margin	45.68%	47.31%	44.66%	41.66%	43.84%
Operating Margin	7.56%	14.71%	11.71%	8.24%	8.13%
Profit Margin	8.96%	12.11%	9.84%	7.84%	7.57%
Free Cash Flow Margin	-	-4.35%	-3.94%	0.97%	4.52%
EBITDA	1,377	2,534	2,023	1,343	1,170
EBITDA Margin	12.52%	18.74%	14.97%	10.64%	10.32%
D&A For EBITDA	545.71	545.71	440.64	303.05	248.57
EBIT	831.66	1,989	1,583	1,040	921.9
EBIT Margin	7.56%	14.71%	11.71%	8.24%	8.13%
Effective Tax Rate	17.07%	25.31%	29.12%	28.12%	28.81%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.