HKG:2516 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	1,993	2,983	2,046	1,252	1,354
Revenue Growth (YoY)	-33.19%	45.79%	63.41%	-7.51%	-10.48%
Cost of Revenue	1,838	2,768	1,889	1,147	1,254
Gross Profit	154.31	214.8	156.96	104.67	99.86
Selling, General & Admin	81.13	86.45	107.02	73.24	57.34
Operating Expenses	97.49	102.17	115.54	72.62	55.91
Operating Income	56.82	112.64	41.42	32.04	43.94
Interest Expense	-18.38	-19.35	-4.47	-0.91	-0.84
Interest & Investment Income	5.59	5.65	3.91	1.7	1.92
Earnings From Equity Investments	-0.56	-	-	-	-
Currency Exchange Gain (Loss)	-13.7	-24.37	-6.33	-1.44	-3.55
Other Non Operating Income (Expenses)	-0.85	5.24	3.43	2.16	3.6
EBT Excluding Unusual Items	28.93	79.8	37.96	33.56	45.06
Impairment of Goodwill	-18.1	-	-	-	-
Gain (Loss) on Sale of Investments	1.3	1.41	-0.01	2.64	2.84
Gain (Loss) on Sale of Assets	-0.14	-0.43	-0.09	-0.3	0.13
Legal Settlements	-2.5	-	-	-	-
Other Unusual Items	-0.03	0.01	-0.08	-	-
Pretax Income	9.46	80.79	37.78	35.89	48.03
Income Tax Expense	6.43	11.58	10.83	10.1	11.14
Earnings From Continuing Operations	3.03	69.21	26.95	25.8	36.89
Minority Interest in Earnings	2.09	0.06	0.4	-0.03	0.04
Net Income	5.12	69.28	27.35	25.77	36.93
Net Income to Common	5.12	69.28	27.35	25.77	36.93
Net Income Growth	-92.62%	153.30%	6.14%	-30.23%	-29.94%
Shares Outstanding (Basic)	787	780	633	794	59
Shares Outstanding (Diluted)	787	780	633	794	59
Shares Change (YoY)	0.88%	23.15%	-20.20%	1255.06%	319.42%
EPS (Basic)	0.01	0.09	0.04	0.03	0.63
EPS (Diluted)	0.01	0.09	0.04	0.03	0.63
EPS Growth	-92.68%	105.69%	33.02%	-94.85%	-83.30%
Free Cash Flow	-	-240.57	-180.04	8.68	1.01
Free Cash Flow Per Share	-	-0.31	-0.28	0.01	0.02
Gross Margin	7.74%	7.20%	7.67%	8.36%	7.38%
Operating Margin	2.85%	3.78%	2.02%	2.56%	3.25%
Profit Margin	0.26%	2.32%	1.34%	2.06%	2.73%
Free Cash Flow Margin	-	-8.06%	-8.80%	0.69%	0.07%
EBITDA	61.74	117.55	45.92	36.65	49
EBITDA Margin	3.10%	3.94%	2.25%	2.93%	3.62%
D&A For EBITDA	4.92	4.92	4.5	4.6	5.05
EBIT	56.82	112.64	41.42	32.04	43.94
EBIT Margin	2.85%	3.78%	2.02%	2.56%	3.25%
Effective Tax Rate	68.00%	14.33%	28.67%	28.13%	23.19%

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