HKG:2515 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	294.76	302.5	319.44	287.96	274.94	92.41
Revenue Growth (YoY)	-4.35%	-5.30%	10.93%	4.73%	197.52%	-
Cost of Revenue	224.75	227.15	239.13	215.37	203.24	66.12
Gross Profit	70.01	75.35	80.31	72.6	71.71	26.29
Selling, General & Admin	37.37	38.53	28.79	8.41	8.05	6.42
Research & Development	-	-	-	10.23	11.09	9.53
Other Operating Expenses	-0.18	-0.4	-0.59	1.24	1.58	0.82
Operating Expenses	56.56	52.47	36.28	30.58	27.59	18.85
Operating Income	13.45	22.88	44.03	42.01	44.12	7.43
Interest Expense	-1.64	-1.63	-0.37	-	-	-
Interest & Investment Income	0.3	0.62	0.55	0.58	0.59	0.21
Currency Exchange Gain (Loss)	0.54	2.32	-	-	-	-
Other Non Operating Income (Expenses)	-0.32	-0.27	2.73	-3.49	-0.37	-0.02
EBT Excluding Unusual Items	12.34	23.92	46.95	39.1	44.34	7.62
Gain (Loss) on Sale of Assets	-	-	-	0.08	3.28	-
Pretax Income	12.34	23.92	46.95	39.18	47.62	7.62
Income Tax Expense	0.75	2.17	5.9	4.09	6.21	0.27
Net Income	11.59	21.75	41.05	35.09	41.41	7.35
Net Income to Common	11.59	21.75	41.05	35.09	41.41	7.35
Net Income Growth	-64.79%	-47.01%	16.97%	-15.27%	463.15%	-
Shares Outstanding (Basic)	216	199	153	150	148	148
Shares Outstanding (Diluted)	216	199	153	150	148	148
Shares Change (YoY)	27.92%	30.48%	1.74%	1.04%	0.26%	-
EPS (Basic)	0.05	0.11	0.27	0.23	0.28	0.05
EPS (Diluted)	0.05	0.11	0.27	0.23	0.28	0.05
EPS Growth	-72.48%	-59.39%	14.97%	-16.14%	461.71%	-
Free Cash Flow	-3.09	-106	-35.04	2.81	7.67	-1.75
Free Cash Flow Per Share	-0.01	-0.53	-0.23	0.02	0.05	-0.01
Gross Margin	23.75%	24.91%	25.14%	25.21%	26.08%	28.45%
Operating Margin	4.56%	7.56%	13.78%	14.59%	16.05%	8.04%
Profit Margin	3.93%	7.19%	12.85%	12.19%	15.06%	7.96%
Free Cash Flow Margin	-1.05%	-35.04%	-10.97%	0.97%	2.79%	-1.90%
EBITDA	17.44	26.79	48.11	45.27	47.37	9.73
EBITDA Margin	5.92%	8.86%	15.06%	15.72%	17.23%	10.53%
D&A For EBITDA	3.99	3.91	4.08	3.26	3.25	2.3
EBIT	13.45	22.88	44.03	42.01	44.12	7.43
EBIT Margin	4.56%	7.56%	13.78%	14.59%	16.05%	8.04%
Effective Tax Rate	6.06%	9.06%	12.57%	10.43%	13.04%	3.50%

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