HKG:2521 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	694.92	673.56	630.17	594.2	563.54
Revenue Growth (YoY)	3.17%	6.88%	6.05%	5.44%	21.02%
Cost of Revenue	576.55	572.86	536.73	499.8	474.3
Gross Profit	118.36	100.7	93.45	94.41	89.25
Selling, General & Admin	73.28	72.09	66.25	55.04	48.11
Other Operating Expenses	-2.17	-4.28	-6.39	-0.92	-4.82
Operating Expenses	81.3	78.33	60.59	54.12	43.29
Operating Income	37.06	22.37	32.86	40.29	45.96
Interest Expense	-1.85	-1.01	-0.6	-0.58	-0.5
Interest & Investment Income	3.59	2.46	0.13	0.15	0.09
Earnings From Equity Investments	2.73	-	-	-	-
Currency Exchange Gain (Loss)	1.34	-1.85	-	-	-
EBT Excluding Unusual Items	42.88	21.97	32.39	39.87	45.55
Gain (Loss) on Sale of Investments	-22.18	37.26	-	-	-
Gain (Loss) on Sale of Assets	1.4	-	-	-	-0
Other Unusual Items	-0.01	-	-	-	-
Pretax Income	24.07	59.23	32.39	39.87	45.55
Income Tax Expense	-1.09	10.01	4.5	5.48	5.63
Earnings From Continuing Operations	25.16	49.23	27.89	34.39	39.92
Minority Interest in Earnings	1.36	-	-	-	-
Net Income	26.52	49.23	27.89	34.39	39.92
Net Income to Common	26.52	49.23	27.89	34.39	39.92
Net Income Growth	-46.12%	76.51%	-18.90%	-13.86%	27.49%
Shares Outstanding (Basic)	1,862	1,632	1,279	1,251	-
Shares Outstanding (Diluted)	1,862	1,632	1,279	1,251	-
Shares Change (YoY)	14.08%	27.60%	2.21%	-	-
EPS (Basic)	0.01	0.03	0.02	0.03	-
EPS (Diluted)	0.01	0.03	0.02	0.03	-
EPS Growth	-52.77%	38.33%	-20.65%	-	-
Free Cash Flow	-	-71.81	-4.86	3.84	10.85
Free Cash Flow Per Share	-	-0.04	-0.00	0.00	-
Gross Margin	17.03%	14.95%	14.83%	15.89%	15.84%
Operating Margin	5.33%	3.32%	5.21%	6.78%	8.15%
Profit Margin	3.82%	7.31%	4.43%	5.79%	7.08%
Free Cash Flow Margin	-	-10.66%	-0.77%	0.65%	1.93%
EBITDA	42.7	28.01	36.68	44.01	49.62
EBITDA Margin	6.14%	4.16%	5.82%	7.41%	8.80%
D&A For EBITDA	5.64	5.64	3.82	3.72	3.66
EBIT	37.06	22.37	32.86	40.29	45.96
EBIT Margin	5.33%	3.32%	5.21%	6.78%	8.15%
Effective Tax Rate	-	16.89%	13.90%	13.74%	12.36%

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