HKG:2560 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	2,384	2,395	1,840	1,538
Revenue Growth (YoY)	-0.47%	30.22%	19.65%	-
Cost of Revenue	1,924	1,936	1,476	1,199
Gross Profit	459.68	459.12	363.64	338.25
Selling, General & Admin	213.99	212.01	178.38	143.77
Research & Development	55.01	45.84	39.94	39.08
Other Operating Expenses	-21.47	-11.76	3.77	0.53
Operating Expenses	254.47	260.69	232.15	180.83
Operating Income	205.21	198.43	131.5	157.42
Interest Expense	-26.48	-30.29	-23.75	-10.07
Interest & Investment Income	1.48	1.8	1.94	2.97
EBT Excluding Unusual Items	180.2	169.94	109.69	150.32
Gain (Loss) on Sale of Investments	0.11	0.15	-	-
Gain (Loss) on Sale of Assets	-0.13	-0.07	-0.05	-0.02
Pretax Income	180.18	170.03	109.64	150.3
Income Tax Expense	32.29	26.1	17.26	23.41
Earnings From Continuing Operations	147.88	143.93	92.38	126.89
Minority Interest in Earnings	-22.25	-26.98	-16.5	2.76
Net Income	125.64	116.95	75.88	129.65
Net Income to Common	125.64	116.95	75.88	129.65
Net Income Growth	7.42%	54.13%	-41.47%	-
Shares Outstanding (Basic)	435	429	362	362
Shares Outstanding (Diluted)	435	429	362	362
Shares Change (YoY)	1.43%	18.60%	-	-
EPS (Basic)	0.29	0.27	0.21	0.36
EPS (Diluted)	0.29	0.27	0.21	0.36
EPS Growth	5.92%	29.96%	-41.47%	-
Free Cash Flow	70.7	93.71	-400.06	-322.39
Free Cash Flow Per Share	0.16	0.22	-1.11	-0.89
Dividend Per Share	0.170	-	-	-
Gross Margin	19.28%	19.17%	19.77%	22.00%
Operating Margin	8.61%	8.28%	7.15%	10.24%
Profit Margin	5.27%	4.88%	4.13%	8.43%
Free Cash Flow Margin	2.96%	3.91%	-21.75%	-20.97%
EBITDA	271.63	261.79	172.97	172.91
EBITDA Margin	11.39%	10.93%	9.40%	11.25%
D&A For EBITDA	66.42	63.36	41.48	15.49
EBIT	205.21	198.43	131.5	157.42
EBIT Margin	8.61%	8.28%	7.15%	10.24%
Effective Tax Rate	17.92%	15.35%	15.74%	15.57%

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