HKG:2693 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
Operating Revenue	273.84	267.58	204.69	190.37
Other Revenue	0.61	0.92	-	-
Revenue	274.45	268.5	204.69	190.37
Revenue Growth (YoY)	2.22%	31.18%	7.52%	-
Cost of Revenue	185.78	170.71	133.41	132.81
Gross Profit	88.68	97.79	71.28	57.56
Selling, General & Admin	26.24	23.42	19.2	25.09
Research & Development	10.19	12.64	6.98	7.28
Other Operating Expenses	2.76	0.14	2.07	2.17
Operating Expenses	39.54	36.32	28.48	34.61
Operating Income	49.14	61.47	42.79	22.95
Interest Expense	-5.65	-2.88	-0.03	-
Interest & Investment Income	0.05	0.05	0.14	0.36
Currency Exchange Gain (Loss)	-0.74	0.01	-	-
Other Non Operating Income (Expenses)	-0.27	1	7.09	3.29
EBT Excluding Unusual Items	42.53	59.66	49.99	26.6
Gain (Loss) on Sale of Assets	-	-	0.01	-
Other Unusual Items	-0.1	-	-	-
Pretax Income	42.43	59.66	50	26.6
Income Tax Expense	5.59	10.08	6.38	2.18
Net Income	36.84	49.57	43.62	24.42
Net Income to Common	36.84	49.57	43.62	24.42
Net Income Growth	-25.68%	13.66%	78.59%	-
Shares Outstanding (Basic)	72	73	72	57
Shares Outstanding (Diluted)	72	73	72	57
Shares Change (YoY)	-0.90%	0.90%	26.52%	-
EPS (Basic)	0.51	0.68	0.60	0.43
EPS (Diluted)	0.51	0.68	0.60	0.43
EPS Growth	-25.00%	12.64%	41.15%	-
Free Cash Flow	12.79	-32.89	-193.01	-118.49
Free Cash Flow Per Share	0.18	-0.45	-2.67	-2.08
Dividend Per Share	0.227	-	-	-
Gross Margin	32.31%	36.42%	34.82%	30.23%
Operating Margin	17.90%	22.89%	20.91%	12.06%
Profit Margin	13.43%	18.46%	21.31%	12.83%
Free Cash Flow Margin	4.66%	-12.25%	-94.29%	-62.24%
EBITDA	103.5	97.12	64.7	40.44
EBITDA Margin	37.71%	36.17%	31.61%	21.25%
D&A For EBITDA	54.36	35.65	21.91	17.49
EBIT	49.14	61.47	42.79	22.95
EBIT Margin	17.90%	22.89%	20.91%	12.06%
Effective Tax Rate	13.17%	16.90%	12.77%	8.19%
Revenue as Reported	274.45	268.5	-	-

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