HKG:2902 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	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	230.95	205.83	174.01	148.4	119.97
Revenue Growth (YoY)	27.71%	18.28%	17.26%	23.69%	-
Cost of Revenue	147.22	127	99.5	81.14	71.93
Gross Profit	83.73	78.83	74.51	67.26	48.05
Selling, General & Admin	25.17	25.18	30.44	22.8	18.22
Research & Development	7.58	7.25	7.14	6.84	4.74
Other Operating Expenses	0.3	-0.97	-2.03	-0.69	-1.2
Operating Expenses	33.04	31.45	35.55	28.95	21.76
Operating Income	50.69	47.37	38.97	38.31	26.29
Interest Expense	-	-0.03	-0.05	-0.05	-0.04
Interest & Investment Income	10.54	9.3	9.29	4.44	0.73
Other Non Operating Income (Expenses)	-0.16	-0.17	-0.16	-0.1	-0.13
EBT Excluding Unusual Items	61.07	56.48	48.05	42.6	26.84
Gain (Loss) on Sale of Investments	0.41	0.41	-	3.04	5.76
Asset Writedown	0.01	0.01	-0.03	-0.04	0.01
Pretax Income	61.49	56.9	48.02	45.59	32.61
Income Tax Expense	11.43	10.67	9.03	9.24	5.62
Earnings From Continuing Operations	50.07	46.23	38.99	36.35	26.99
Minority Interest in Earnings	0.07	0.43	1.38	1.43	0.06
Net Income	50.13	46.66	40.37	37.78	27.05
Net Income to Common	50.13	46.66	40.37	37.78	27.05
Net Income Growth	20.90%	15.57%	6.87%	39.67%	-
Shares Outstanding (Basic)	138	120	105	83	82
Shares Outstanding (Diluted)	138	120	105	83	82
Shares Change (YoY)	30.08%	14.65%	26.21%	1.47%	-
EPS (Basic)	0.36	0.39	0.39	0.46	0.33
EPS (Diluted)	0.36	0.39	0.39	0.46	0.33
EPS Growth	-7.06%	0.80%	-15.32%	37.65%	-
Free Cash Flow	17.89	30.04	19.78	27.03	24.41
Free Cash Flow Per Share	0.13	0.25	0.19	0.33	0.30
Dividend Per Share	0.135	0.135	-	-	-
Gross Margin	36.26%	38.30%	42.82%	45.32%	40.05%
Operating Margin	21.95%	23.02%	22.39%	25.81%	21.91%
Profit Margin	21.71%	22.67%	23.20%	25.46%	22.54%
Free Cash Flow Margin	7.74%	14.59%	11.37%	18.21%	20.35%
EBITDA	50.81	47.52	39.18	38.52	26.46
EBITDA Margin	22.00%	23.09%	22.52%	25.96%	22.05%
D&A For EBITDA	0.12	0.14	0.21	0.21	0.17
EBIT	50.69	47.37	38.97	38.31	26.29
EBIT Margin	21.95%	23.02%	22.39%	25.81%	21.91%
Effective Tax Rate	18.58%	18.75%	18.80%	20.27%	17.22%

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