HKG:2560 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
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
Revenue	2,362	2,384	2,395	1,840	1,538
Revenue Growth (YoY)	-4.11%	-0.47%	30.22%	19.65%	-
Cost of Revenue	1,899	1,924	1,936	1,476	1,199
Gross Profit	463.3	459.68	459.12	363.64	338.25
Selling, General & Admin	218.66	213.99	212.01	178.38	143.77
Research & Development	48.5	55.01	45.84	39.94	39.08
Other Operating Expenses	-21.63	-21.47	-11.76	3.77	0.53
Operating Expenses	264.45	254.47	260.69	232.15	180.83
Operating Income	198.85	205.21	198.43	131.5	157.42
Interest Expense	-24.12	-26.48	-30.29	-23.75	-10.07
Interest & Investment Income	8.03	1.48	1.8	1.94	2.97
EBT Excluding Unusual Items	182.76	180.2	169.94	109.69	150.32
Gain (Loss) on Sale of Investments	0.11	0.11	0.15	-	-
Gain (Loss) on Sale of Assets	-0.12	-0.13	-0.07	-0.05	-0.02
Pretax Income	182.75	180.18	170.03	109.64	150.3
Income Tax Expense	34.01	32.29	26.1	17.26	23.41
Earnings From Continuing Operations	148.74	147.88	143.93	92.38	126.89
Minority Interest in Earnings	-23.39	-22.25	-26.98	-16.5	2.76
Net Income	125.35	125.64	116.95	75.88	129.65
Net Income to Common	125.35	125.64	116.95	75.88	129.65
Net Income Growth	-4.50%	7.42%	54.13%	-41.47%	-
Shares Outstanding (Basic)	507	435	429	362	362
Shares Outstanding (Diluted)	507	435	429	362	362
Shares Change (YoY)	16.67%	1.43%	18.60%	-	-
EPS (Basic)	0.25	0.29	0.27	0.21	0.36
EPS (Diluted)	0.25	0.29	0.27	0.21	0.36
EPS Growth	-18.15%	5.92%	29.96%	-41.47%	-
Free Cash Flow	102.97	70.7	93.71	-400.06	-322.39
Free Cash Flow Per Share	0.20	0.16	0.22	-1.11	-0.89
Dividend Per Share	0.170	0.170	-	-	-
Gross Margin	19.61%	19.28%	19.17%	19.77%	22.00%
Operating Margin	8.42%	8.61%	8.28%	7.15%	10.24%
Profit Margin	5.31%	5.27%	4.88%	4.13%	8.43%
Free Cash Flow Margin	4.36%	2.96%	3.91%	-21.75%	-20.97%
EBITDA	263.48	271.63	261.79	172.97	172.91
EBITDA Margin	11.15%	11.39%	10.93%	9.40%	11.25%
D&A For EBITDA	64.63	66.42	63.36	41.48	15.49
EBIT	198.85	205.21	198.43	131.5	157.42
EBIT Margin	8.42%	8.61%	8.28%	7.15%	10.24%
Effective Tax Rate	18.61%	17.92%	15.35%	15.74%	15.57%

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