HKG:2687 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	969.41	848.2	652.96	400.11
Revenue Growth (YoY)	14.29%	29.90%	63.20%	-
Cost of Revenue	334.81	323.04	256.62	223.57
Gross Profit	634.6	525.16	396.34	176.55
Selling, General & Admin	324.1	284.34	212.1	168.33
Research & Development	189.04	126.92	101.08	98.14
Other Operating Expenses	-13.32	-8.29	-10.66	-13.27
Operating Expenses	508.98	416.83	310.52	259.29
Operating Income	125.62	108.33	85.82	-82.74
Interest Expense	-3.76	-2.77	-1.33	-0.96
Interest & Investment Income	0.2	0.64	0.87	1.27
Currency Exchange Gain (Loss)	-0.64	-	-	-
Other Non Operating Income (Expenses)	1.41	-0.17	0.05	-0.16
EBT Excluding Unusual Items	122.83	106.02	85.42	-82.58
Gain (Loss) on Sale of Investments	-1.67	0.58	1.22	3.51
Gain (Loss) on Sale of Assets	0.91	-	-	-
Pretax Income	122.07	106.6	86.63	-79.07
Income Tax Expense	-8.16	1.53	5.21	-19.96
Net Income	130.22	105.07	81.42	-59.11
Net Income to Common	130.22	105.07	81.42	-59.11
Net Income Growth	23.94%	29.05%	-	-
Shares Outstanding (Basic)	60	60	60	60
Shares Outstanding (Diluted)	60	60	60	60
Shares Change (YoY)	0.73%	-	-	-
EPS (Basic)	2.15	1.75	1.36	-0.99
EPS (Diluted)	2.15	1.75	1.36	-0.99
EPS Growth	23.04%	29.05%	-	-
Free Cash Flow	-67.83	-19.27	1.76	-59.84
Free Cash Flow Per Share	-1.12	-0.32	0.03	-1.00
Gross Margin	65.46%	61.91%	60.70%	44.12%
Operating Margin	12.96%	12.77%	13.14%	-20.68%
Profit Margin	13.43%	12.39%	12.47%	-14.77%
Free Cash Flow Margin	-7.00%	-2.27%	0.27%	-14.96%
EBITDA	135.22	119.99	99.07	-69.08
EBITDA Margin	13.95%	14.15%	15.17%	-17.27%
D&A For EBITDA	9.6	11.66	13.25	13.66
EBIT	125.62	108.33	85.82	-82.74
EBIT Margin	12.96%	12.77%	13.14%	-20.68%
Effective Tax Rate	-	1.43%	6.02%	-