HKG:2583 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	610.84	456.56	445.48	323.7	454.46
Revenue Growth (YoY)	33.79%	2.49%	37.62%	-28.77%	63.19%
Cost of Revenue	418.25	335.88	341.7	262.71	348.28
Gross Profit	192.6	120.67	103.78	60.99	106.18
Selling, General & Admin	37.74	32.22	28.6	21.69	22.59
Research & Development	13.08	11.79	13.49	8.45	13.64
Other Operating Expenses	5.29	0.57	2.79	1.97	0.36
Operating Expenses	56.07	46.06	44.26	33.89	36.59
Operating Income	136.53	74.61	59.52	27.1	69.59
Interest Expense	-4.18	-4.56	-4.75	-3.72	-
Interest & Investment Income	-	0.29	0.37	0.01	0.02
Currency Exchange Gain (Loss)	-	0.17	-	-	-
Other Non Operating Income (Expenses)	-8.22	-11.91	4.39	4.06	-2.07
EBT Excluding Unusual Items	124.12	58.6	59.53	27.46	67.54
Gain (Loss) on Sale of Assets	-	-0	-0.04	-0.01	-
Other Unusual Items	-	0.06	0.4	0.36	-
Pretax Income	124.12	58.66	59.9	27.82	67.54
Income Tax Expense	22.23	9.31	7.8	3.28	8.69
Net Income	101.9	49.35	52.1	24.54	58.85
Net Income to Common	101.9	49.35	52.1	24.54	58.85
Net Income Growth	106.49%	-5.28%	112.29%	-58.30%	89.16%
Shares Outstanding (Basic)	51	48	44	41	41
Shares Outstanding (Diluted)	51	48	44	41	41
Shares Change (YoY)	5.50%	8.61%	9.42%	-0.01%	10.89%
EPS (Basic)	2.00	1.02	1.17	0.60	1.45
EPS (Diluted)	2.00	1.02	1.17	0.60	1.45
EPS Growth	95.73%	-12.79%	94.02%	-58.29%	70.59%
Free Cash Flow	-	2.94	-72.49	6.15	-7.17
Free Cash Flow Per Share	-	0.06	-1.63	0.15	-0.18
Gross Margin	31.53%	26.43%	23.30%	18.84%	23.36%
Operating Margin	22.35%	16.34%	13.36%	8.37%	15.31%
Profit Margin	16.68%	10.81%	11.70%	7.58%	12.95%
Free Cash Flow Margin	-	0.64%	-16.27%	1.90%	-1.58%
EBITDA	140.12	78.21	63.47	31.65	72.12
EBITDA Margin	22.94%	17.13%	14.25%	9.78%	15.87%
D&A For EBITDA	3.59	3.59	3.95	4.54	2.53
EBIT	136.53	74.61	59.52	27.1	69.59
EBIT Margin	22.35%	16.34%	13.36%	8.37%	15.31%
Effective Tax Rate	17.91%	15.87%	13.02%	11.78%	12.86%
Revenue as Reported	-	-	-	-	454.46
Advertising Expenses	-	5.47	4.32	2.22	-

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