HKG:2657 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2,450	1,210	805	691.15
Revenue Growth (YoY)	102.50%	50.27%	16.47%	-
Cost of Revenue	440.72	204.59	146.74	148.6
Gross Profit	2,009	1,005	658.27	542.55
Selling, General & Admin	1,550	766.24	547.95	565.45
Research & Development	46.77	30.4	19.75	21.12
Other Operating Expenses	9.57	8.53	5.42	4.98
Operating Expenses	1,606	804.63	575.27	590.92
Operating Income	402.69	200.42	83	-48.37
Interest Expense	-5.47	-2.48	-1.42	-2.01
Interest & Investment Income	-	2.58	2.79	0.35
Currency Exchange Gain (Loss)	-	0.16	0.18	0.91
Other Non Operating Income (Expenses)	32.42	16.94	14.24	9.4
EBT Excluding Unusual Items	429.64	217.62	98.78	-39.73
Gain (Loss) on Sale of Investments	-	0.83	0.39	3.22
Gain (Loss) on Sale of Assets	-0.34	-0.16	0.49	0.12
Pretax Income	429.3	218.29	99.66	-36.39
Income Tax Expense	68.93	31.46	15.14	-30.46
Earnings From Continuing Operations	360.37	186.83	84.52	-5.93
Minority Interest in Earnings	-	-	-	0.06
Net Income	360.37	186.83	84.52	-5.87
Net Income to Common	360.37	186.83	84.52	-5.87
Net Income Growth	92.88%	121.06%	-	-
Shares Outstanding (Basic)	126	126	126	126
Shares Outstanding (Diluted)	126	126	126	126
Shares Change (YoY)	0.06%	-	-	-
EPS (Basic)	2.87	1.49	0.67	-0.05
EPS (Diluted)	2.87	1.49	0.67	-0.05
EPS Growth	92.77%	121.06%	-	-
Free Cash Flow	337.25	216.94	114.23	-18.63
Free Cash Flow Per Share	2.68	1.73	0.91	-0.15
Gross Margin	82.01%	83.09%	81.77%	78.50%
Operating Margin	16.44%	16.57%	10.31%	-7.00%
Profit Margin	14.71%	15.45%	10.50%	-0.85%
Free Cash Flow Margin	13.77%	17.93%	14.19%	-2.70%
EBITDA	439.85	214.74	100.07	-28.09
EBITDA Margin	17.96%	17.75%	12.43%	-4.06%
D&A For EBITDA	37.16	14.32	17.07	20.28
EBIT	402.69	200.42	83	-48.37
EBIT Margin	16.44%	16.57%	10.31%	-7.00%
Effective Tax Rate	16.06%	14.41%	15.20%	-

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