HKG:2545 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	551.06	609.3	413.09	479.12
Revenue Growth (YoY)	-9.56%	47.50%	-13.78%	-
Cost of Revenue	444.84	459.98	308.96	386.59
Gross Profit	106.23	149.32	104.13	92.53
Selling, General & Admin	48.86	41.77	36.44	25.43
Research & Development	25.73	25.87	17.68	19.21
Other Operating Expenses	-5.15	-4.14	-0.01	0.88
Operating Expenses	69.44	63.5	54.11	45.52
Operating Income	36.79	85.82	50.03	47.02
Interest Expense	-15.33	-16.68	-15.33	-11.48
Interest & Investment Income	0.82	1.53	3.14	2.16
Earnings From Equity Investments	-	0.07	-	-
Currency Exchange Gain (Loss)	1.22	-0.73	0.34	-
EBT Excluding Unusual Items	23.5	70.01	38.17	37.69
Gain (Loss) on Sale of Assets	-	-	-0.1	-0.03
Other Unusual Items	-	-	0.87	3.25
Pretax Income	23.5	70.01	38.94	40.92
Income Tax Expense	13.79	1.34	3.97	4.75
Earnings From Continuing Operations	9.71	68.67	34.98	36.17
Minority Interest in Earnings	-	-0.08	-0.5	-
Net Income	9.71	68.59	34.47	36.17
Preferred Dividends & Other Adjustments	0	-	-	-
Net Income to Common	9.71	68.59	34.47	36.17
Net Income Growth	-85.84%	98.97%	-4.70%	-
Shares Outstanding (Basic)	559	478	-	-
Shares Outstanding (Diluted)	559	478	-	-
Shares Change (YoY)	16.99%	-	-	-
EPS (Basic)	0.02	0.14	-	-
EPS (Diluted)	0.02	0.14	-	-
EPS Growth	-87.91%	-	-	-
Free Cash Flow	-108.76	47.58	-45.22	-19.85
Free Cash Flow Per Share	-0.19	0.10	-	-
Gross Margin	19.28%	24.51%	25.21%	19.31%
Operating Margin	6.68%	14.08%	12.11%	9.81%
Profit Margin	1.76%	11.26%	8.34%	7.55%
Free Cash Flow Margin	-19.74%	7.81%	-10.95%	-4.14%
EBITDA	39.07	87.86	52.12	49.24
EBITDA Margin	7.09%	14.42%	12.62%	10.28%
D&A For EBITDA	2.28	2.04	2.09	2.22
EBIT	36.79	85.82	50.03	47.02
EBIT Margin	6.68%	14.08%	12.11%	9.81%
Effective Tax Rate	58.69%	1.91%	10.18%	11.60%

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