HKG:2583 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 2017	FY 2016
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Revenue	518.07	456.56	445.48	323.7	278.49	198.37
Revenue Growth (YoY)	60.04%	2.49%	37.62%	16.24%	40.39%	151.20%
Cost of Revenue	364.36	335.88	341.7	262.71	193.59	147.88
Gross Profit	153.71	120.67	103.78	60.99	84.9	50.49
Selling, General & Admin	30.99	32.22	28.6	21.69	43.24	17.92
Research & Development	10.83	11.79	13.49	8.45	-	-
Other Operating Expenses	-0.2	0.57	2.79	1.97	2.08	0.64
Operating Expenses	43.11	46.06	44.26	33.89	45.32	18.56
Operating Income	110.6	74.61	59.52	27.1	39.58	31.93
Interest Expense	-4.51	-4.56	-4.75	-3.72	-	-
Interest & Investment Income	0.18	0.29	0.37	0.01	-	-
Currency Exchange Gain (Loss)	-0	0.17	-	-	-	-
Other Non Operating Income (Expenses)	-9.86	-11.91	4.39	4.06	-1.49	-0.28
EBT Excluding Unusual Items	96.41	58.6	59.53	27.46	38.09	31.65
Gain (Loss) on Sale of Assets	-0.02	-0	-0.04	-0.01	-	-
Asset Writedown	-	-	-	-	-0.65	-0.06
Other Unusual Items	-	0.06	0.4	0.36	-	-
Pretax Income	96.39	58.66	59.9	27.82	37.43	31.59
Income Tax Expense	17.6	9.31	7.8	3.28	6.32	4.81
Net Income	78.79	49.35	52.1	24.54	31.11	26.78
Net Income to Common	78.79	49.35	52.1	24.54	31.11	26.78
Net Income Growth	221.07%	-5.28%	112.29%	-21.12%	16.17%	156.56%
Shares Outstanding (Basic)	48	48	44	41	37	33
Shares Outstanding (Diluted)	48	48	44	41	37	33
Shares Change (YoY)	18.84%	8.61%	9.42%	10.87%	9.34%	509.32%
EPS (Basic)	1.63	1.02	1.17	0.60	0.85	0.80
EPS (Diluted)	1.63	1.02	1.17	0.60	0.85	0.80
EPS Growth	170.17%	-12.79%	94.02%	-28.85%	6.25%	-57.89%
Free Cash Flow	-15.95	2.94	-72.49	6.15	-72.04	-16.67
Free Cash Flow Per Share	-0.33	0.06	-1.63	0.15	-1.97	-0.50
Gross Margin	29.67%	26.43%	23.30%	18.84%	30.48%	25.45%
Operating Margin	21.35%	16.34%	13.36%	8.37%	14.21%	16.10%
Profit Margin	15.21%	10.81%	11.70%	7.58%	11.17%	13.50%
Free Cash Flow Margin	-3.08%	0.64%	-16.27%	1.90%	-25.87%	-8.40%
EBITDA	114.36	78.21	63.47	31.65	40.52	32.4
EBITDA Margin	22.07%	17.13%	14.25%	9.78%	14.55%	16.33%
D&A For EBITDA	3.76	3.59	3.95	4.54	0.95	0.46
EBIT	110.6	74.61	59.52	27.1	39.58	31.93
EBIT Margin	21.35%	16.34%	13.36%	8.37%	14.21%	16.10%
Effective Tax Rate	18.26%	15.87%	13.02%	11.78%	16.89%	15.23%
Revenue as Reported	-	-	-	-	278.49	198.37
Advertising Expenses	-	5.47	4.32	2.22	-	-

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