HKG:2482 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	4,531	7,542	5,616	6,204	6,297
Revenue Growth (YoY)	-39.93%	34.29%	-9.48%	-1.47%	35.00%
Cost of Revenue	4,105	7,144	5,303	5,863	5,897
Gross Profit	425.46	397.95	313.26	341.77	399.86
Selling, General & Admin	160.68	192.81	220.34	238.21	240.32
Research & Development	91.39	85.62	79.91	76.23	72.82
Other Operating Expenses	76.18	59.51	60.93	44.23	39.22
Operating Expenses	327.36	337.27	361.02	359.7	352.17
Operating Income	98.1	60.68	-47.76	-17.93	47.69
Interest Expense	-8	-12.28	-2.45	-3.91	-4.93
Interest & Investment Income	3.82	7.51	8.14	6.24	5
Earnings From Equity Investments	-1.06	-0.55	-1.38	-1.46	-0.78
Other Non Operating Income (Expenses)	-43.67	11.9	11.15	17.08	10.93
EBT Excluding Unusual Items	49.19	67.26	-32.31	0.01	57.92
Gain (Loss) on Sale of Assets	9.55	-	-	-	-
Pretax Income	58.73	67.26	-32.31	0.01	57.92
Income Tax Expense	16.82	22.77	-2.68	-1.38	7.17
Earnings From Continuing Operations	41.92	44.49	-29.62	1.39	50.74
Minority Interest in Earnings	1.56	5.54	0.06	-	-
Net Income	43.48	50.03	-29.56	1.39	50.74
Net Income to Common	43.48	50.03	-29.56	1.39	50.74
Net Income Growth	-13.10%	-	-	-97.25%	94.64%
Shares Outstanding (Basic)	1,394	1,394	1,386	1,351	1,344
Shares Outstanding (Diluted)	1,394	1,394	1,386	1,351	1,344
Shares Change (YoY)	-	0.57%	2.61%	0.50%	6.48%
EPS (Basic)	0.03	0.04	-0.02	0.00	0.04
EPS (Diluted)	0.03	0.04	-0.02	0.00	0.04
EPS Growth	-13.10%	-	-	-97.27%	82.80%
Free Cash Flow	-	151.93	-248.97	-64.86	124.12
Free Cash Flow Per Share	-	0.11	-0.18	-0.05	0.09
Gross Margin	9.39%	5.28%	5.58%	5.51%	6.35%
Operating Margin	2.17%	0.80%	-0.85%	-0.29%	0.76%
Profit Margin	0.96%	0.66%	-0.53%	0.02%	0.81%
Free Cash Flow Margin	-	2.02%	-4.43%	-1.04%	1.97%
EBITDA	103.83	66.41	-38.7	-6.33	61.75
EBITDA Margin	2.29%	0.88%	-0.69%	-0.10%	0.98%
D&A For EBITDA	5.73	5.73	9.06	11.6	14.06
EBIT	98.1	60.68	-47.76	-17.93	47.69
EBIT Margin	2.17%	0.80%	-0.85%	-0.29%	0.76%
Effective Tax Rate	28.63%	33.86%	-	-	12.39%

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