HKG:2658 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	519.62	1,171	436.86
Revenue Growth (YoY)	-55.63%	168.10%	-
Cost of Revenue	893.98	954.6	349.37
Gross Profit	-374.36	216.62	87.49
Selling, General & Admin	132.62	86.32	50.52
Research & Development	61.03	55.34	29.24
Other Operating Expenses	-11.25	-27.72	-6.48
Operating Expenses	182.4	113.95	73.27
Operating Income	-556.76	102.67	14.21
Interest Expense	-34.55	-19.88	-7.52
Interest & Investment Income	1.08	3.38	1.41
Currency Exchange Gain (Loss)	0.96	3.28	-3.22
EBT Excluding Unusual Items	-589.27	89.45	4.89
Gain (Loss) on Sale of Assets	0.09	-0	-1.14
Other Unusual Items	-	21.56	-
Pretax Income	-589.19	111.01	3.75
Income Tax Expense	-88.94	15.13	0.93
Earnings From Continuing Operations	-500.25	95.88	2.81
Minority Interest in Earnings	7.8	5.55	4.14
Net Income	-492.46	101.44	6.95
Net Income to Common	-492.46	101.44	6.95
Net Income Growth	-	1359.30%	-
Shares Outstanding (Basic)	363	363	331
Shares Outstanding (Diluted)	363	363	331
Shares Change (YoY)	-	9.57%	-
EPS (Basic)	-1.36	0.28	0.02
EPS (Diluted)	-1.36	0.28	0.02
EPS Growth	-	1231.89%	-
Free Cash Flow	-902.56	-933.92	-699.89
Free Cash Flow Per Share	-2.48	-2.57	-2.11
Gross Margin	-72.05%	18.50%	20.03%
Operating Margin	-107.15%	8.77%	3.25%
Profit Margin	-94.77%	8.66%	1.59%
Free Cash Flow Margin	-173.69%	-79.74%	-160.21%
EBITDA	-425.95	191.81	48.55
EBITDA Margin	-81.97%	16.38%	11.11%
D&A For EBITDA	130.82	89.14	34.33
EBIT	-556.76	102.67	14.21
EBIT Margin	-107.15%	8.77%	3.25%
Effective Tax Rate	-	13.63%	24.88%

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