HKG:2589 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	3,285	3,348	2,199
Revenue Growth (YoY)	-1.90%	52.26%	-
Cost of Revenue	2,257	2,328	1,613
Gross Profit	1,027	1,020	586.28
Selling, General & Admin	569	520.82	391.7
Research & Development	51.87	46.4	13.26
Operating Expenses	620.87	567.22	404.96
Operating Income	406.45	452.72	181.32
Interest Expense	-5.18	-6.19	-6.36
Interest & Investment Income	6.32	6.06	1.52
Other Non Operating Income (Expenses)	21.11	49.25	22.71
EBT Excluding Unusual Items	428.71	501.85	199.19
Gain (Loss) on Sale of Investments	20.3	11.44	3.45
Asset Writedown	-	-2.59	-
Other Unusual Items	0.39	-0.19	-0.7
Pretax Income	449.4	510.51	201.94
Income Tax Expense	120.47	122.61	52.47
Net Income	328.93	387.9	149.47
Net Income to Common	328.93	387.9	149.47
Net Income Growth	-15.20%	159.52%	-
Shares Outstanding (Basic)	102	96	94
Shares Outstanding (Diluted)	102	96	94
Shares Change (YoY)	5.89%	2.90%	-
EPS (Basic)	3.22	4.02	1.59
EPS (Diluted)	3.22	4.02	1.59
EPS Growth	-19.91%	152.83%	-
Free Cash Flow	403.07	564.78	223.7
Free Cash Flow Per Share	3.94	5.85	2.39
Gross Margin	31.28%	30.46%	26.66%
Operating Margin	12.38%	13.52%	8.25%
Profit Margin	10.01%	11.58%	6.80%
Free Cash Flow Margin	12.27%	16.87%	10.17%
EBITDA	431.93	480.91	202.75
EBITDA Margin	13.15%	14.36%	9.22%
D&A For EBITDA	25.47	28.18	21.43
EBIT	406.45	452.72	181.32
EBIT Margin	12.38%	13.52%	8.25%
Effective Tax Rate	26.81%	24.02%	25.98%

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