HKG:2521 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	706.61	673.56	630.17	594.2	563.54	465.66
Revenue Growth (YoY)	7.44%	6.88%	6.05%	5.44%	21.02%	-
Cost of Revenue	577.75	572.86	536.73	499.8	474.3	385.75
Gross Profit	128.86	100.7	93.45	94.41	89.25	79.92
Selling, General & Admin	76.2	72.09	66.25	55.04	48.11	36.79
Other Operating Expenses	19.76	-4.28	-6.39	-0.92	-4.82	-3.57
Operating Expenses	106.48	78.33	60.59	54.12	43.29	33.22
Operating Income	22.38	22.37	32.86	40.29	45.96	46.7
Interest Expense	-1.61	-1.01	-0.6	-0.58	-0.5	-1.31
Interest & Investment Income	3.25	2.46	0.13	0.15	0.09	0.22
Earnings From Equity Investments	0.44	-	-	-	-	0.24
Currency Exchange Gain (Loss)	-1.85	-1.85	-	-	-	-
EBT Excluding Unusual Items	22.62	21.97	32.39	39.87	45.55	45.85
Gain (Loss) on Sale of Investments	37.26	37.26	-	-	-	-7.29
Gain (Loss) on Sale of Assets	-	-	-	-	-0	-0.06
Pretax Income	59.87	59.23	32.39	39.87	45.55	38.5
Income Tax Expense	12.86	10.01	4.5	5.48	5.63	7.19
Net Income	47.01	49.23	27.89	34.39	39.92	31.31
Net Income to Common	47.01	49.23	27.89	34.39	39.92	31.31
Net Income Growth	106.78%	76.51%	-18.90%	-13.86%	27.49%	-
Shares Outstanding (Basic)	1,705	1,632	1,279	1,251	-	-
Shares Outstanding (Diluted)	1,705	1,632	1,279	1,251	-	-
Shares Change (YoY)	16.34%	27.60%	2.21%	-	-	-
EPS (Basic)	0.03	0.03	0.02	0.03	-	-
EPS (Diluted)	0.03	0.03	0.02	0.03	-	-
EPS Growth	77.73%	38.33%	-20.65%	-	-	-
Free Cash Flow	-15.07	-71.81	-4.86	3.84	10.85	17.7
Free Cash Flow Per Share	-0.01	-0.04	-0.00	0.00	-	-
Gross Margin	18.24%	14.95%	14.83%	15.89%	15.84%	17.16%
Operating Margin	3.17%	3.32%	5.21%	6.78%	8.15%	10.03%
Profit Margin	6.65%	7.31%	4.43%	5.79%	7.08%	6.72%
Free Cash Flow Margin	-2.13%	-10.66%	-0.77%	0.65%	1.93%	3.80%
EBITDA	28.17	28.01	36.68	44.01	49.62	49.76
EBITDA Margin	3.99%	4.16%	5.82%	7.41%	8.80%	10.69%
D&A For EBITDA	5.79	5.64	3.82	3.72	3.66	3.06
EBIT	22.38	22.37	32.86	40.29	45.96	46.7
EBIT Margin	3.17%	3.32%	5.21%	6.78%	8.15%	10.03%
Effective Tax Rate	21.48%	16.89%	13.90%	13.74%	12.36%	18.67%

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