HKG:2512 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	707.63	695.95	548.75	464.28
Revenue Growth (YoY)	1.68%	26.82%	18.20%	-
Cost of Revenue	618.01	608.31	479.81	407.84
Gross Profit	89.62	87.64	68.94	56.44
Selling, General & Admin	51.89	43.83	34.55	25.61
Research & Development	23.82	22.23	23.57	17.02
Other Operating Expenses	-	-	0.41	0.18
Operating Expenses	76.4	70.21	59.01	42.71
Operating Income	13.23	17.43	9.94	13.73
Interest Expense	-8.55	-3.99	-2.36	-2.29
Interest & Investment Income	5.65	0.21	0.09	0.04
Other Non Operating Income (Expenses)	-0.24	-0.09	-0.39	-0.18
EBT Excluding Unusual Items	10.1	13.57	7.28	11.31
Gain (Loss) on Sale of Assets	0.01	0.04	0.22	-
Other Unusual Items	3.73	1.06	0.17	3.43
Pretax Income	13.83	14.67	7.66	14.73
Income Tax Expense	1.46	0.45	-0.37	2.05
Earnings From Continuing Operations	12.37	14.22	8.03	12.69
Minority Interest in Earnings	-0.28	-0.3	-	-
Net Income	12.09	13.92	8.03	12.69
Net Income to Common	12.09	13.92	8.03	12.69
Net Income Growth	-13.16%	73.30%	-36.66%	-
Shares Outstanding (Basic)	422	375	-	-
Shares Outstanding (Diluted)	422	375	-	-
Shares Change (YoY)	12.42%	-	-	-
EPS (Basic)	0.03	0.04	-	-
EPS (Diluted)	0.03	0.04	-	-
EPS Growth	-22.75%	-	-	-
Free Cash Flow	-254.91	21.21	8.28	62.6
Free Cash Flow Per Share	-0.60	0.06	-	-
Gross Margin	12.67%	12.59%	12.56%	12.16%
Operating Margin	1.87%	2.50%	1.81%	2.96%
Profit Margin	1.71%	2.00%	1.46%	2.73%
Free Cash Flow Margin	-36.02%	3.05%	1.51%	13.48%
EBITDA	18.97	20.31	11.64	14.7
EBITDA Margin	2.68%	2.92%	2.12%	3.16%
D&A For EBITDA	5.74	2.88	1.7	0.97
EBIT	13.23	17.43	9.94	13.73
EBIT Margin	1.87%	2.50%	1.81%	2.96%
Effective Tax Rate	10.55%	3.05%	-	13.90%
Advertising Expenses	-	-	-	0.2

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