HKG:2720 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	573.46	463.25	818.41
Revenue Growth (YoY)	23.79%	-43.40%	-
Cost of Revenue	420.78	340.03	628.28
Gross Profit	152.68	123.22	190.13
Selling, General & Admin	66.98	43.76	43.04
Research & Development	3.54	3.91	0.52
Other Operating Expenses	4.3	8.19	1.88
Operating Expenses	74.94	56.12	45.52
Operating Income	77.74	67.1	144.61
Interest Expense	-0.82	-0.36	-0.17
Interest & Investment Income	0.15	0.07	0
Currency Exchange Gain (Loss)	1.96	-2.25	7.96
EBT Excluding Unusual Items	79.03	64.56	152.41
Gain (Loss) on Sale of Assets	-0.03	0.12	-
Pretax Income	79.01	64.68	152.41
Income Tax Expense	19.6	15.68	38.56
Earnings From Continuing Operations	59.41	49	113.85
Minority Interest in Earnings	-3.66	-3.03	-6.91
Net Income	55.74	45.97	106.94
Net Income to Common	55.74	45.97	106.94
Net Income Growth	21.25%	-57.01%	-
Shares Outstanding (Basic)	100	-	-
Shares Outstanding (Diluted)	100	-	-
EPS (Basic)	0.56	-	-
EPS (Diluted)	0.56	-	-
Free Cash Flow	45.35	88.83	251.09
Free Cash Flow Per Share	0.45	-	-
Gross Margin	26.62%	26.60%	23.23%
Operating Margin	13.56%	14.49%	17.67%
Profit Margin	9.72%	9.92%	13.07%
Free Cash Flow Margin	7.91%	19.18%	30.68%
EBITDA	81.99	71.48	146.33
EBITDA Margin	14.30%	15.43%	17.88%
D&A For EBITDA	4.25	4.38	1.72
EBIT	77.74	67.1	144.61
EBIT Margin	13.56%	14.49%	17.67%
Effective Tax Rate	24.81%	24.24%	25.30%
Advertising Expenses	2.91	2.79	2

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