HKG:2657 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,731	1,210	805	691.15
Revenue Growth (YoY)	150.45%	50.27%	16.47%	-
Cost of Revenue	289.72	204.59	146.74	148.6
Gross Profit	1,441	1,005	658.27	542.55
Selling, General & Admin	1,086	766.24	547.95	565.45
Research & Development	35.32	30.4	19.75	21.12
Other Operating Expenses	13.34	8.53	5.42	4.98
Operating Expenses	1,135	804.63	575.27	590.92
Operating Income	306.26	200.42	83	-48.37
Interest Expense	-4.34	-2.48	-1.42	-2.01
Interest & Investment Income	3.16	2.58	2.79	0.35
Currency Exchange Gain (Loss)	-0.13	0.16	0.18	0.91
Other Non Operating Income (Expenses)	21.41	16.94	14.24	9.4
EBT Excluding Unusual Items	326.35	217.62	98.78	-39.73
Gain (Loss) on Sale of Investments	0.83	0.83	0.39	3.22
Gain (Loss) on Sale of Assets	0.01	-0.16	0.49	0.12
Pretax Income	327.19	218.29	99.66	-36.39
Income Tax Expense	45.16	31.46	15.14	-30.46
Earnings From Continuing Operations	282.03	186.83	84.52	-5.93
Minority Interest in Earnings	-	-	-	0.06
Net Income	282.03	186.83	84.52	-5.87
Net Income to Common	282.03	186.83	84.52	-5.87
Net Income Growth	-	121.06%	-	-
Shares Outstanding (Basic)	126	126	-	-
Shares Outstanding (Diluted)	126	126	-	-
EPS (Basic)	2.24	1.49	-	-
EPS (Diluted)	2.24	1.49	-	-
Free Cash Flow	165.68	216.94	114.23	-18.63
Free Cash Flow Per Share	1.32	1.73	-	-
Gross Margin	83.26%	83.09%	81.77%	78.50%
Operating Margin	17.69%	16.57%	10.31%	-7.00%
Profit Margin	16.29%	15.45%	10.50%	-0.85%
Free Cash Flow Margin	9.57%	17.93%	14.19%	-2.70%
EBITDA	329.87	214.74	100.07	-28.09
EBITDA Margin	19.06%	17.75%	12.43%	-4.06%
D&A For EBITDA	23.61	14.32	17.07	20.28
EBIT	306.26	200.42	83	-48.37
EBIT Margin	17.69%	16.57%	10.31%	-7.00%
Effective Tax Rate	13.80%	14.41%	15.20%	-

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