HKG:3200 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	4,620	3,061	1,412	2,593	3,899	2,089
Other Revenue	282.12	282.12	222.44	192.95	181.31	121.3
Revenue	4,902	3,343	1,634	2,786	4,081	2,210
Revenue Growth (YoY)	72.76%	104.56%	-41.34%	-31.72%	84.61%	67.10%
Cost of Revenue	3,380	2,429	1,149	1,769	2,613	1,463
Gross Profit	1,522	914.26	485.19	1,017	1,468	747.66
Selling, General & Admin	515.95	394.23	243.11	368.1	454.82	267.53
Research & Development	343.77	264.72	190.65	226.47	259.94	160.87
Other Operating Expenses	-51.89	-62.84	-30.7	-125.87	-52.16	-13.81
Operating Expenses	864.12	613.01	430.21	469.69	693.27	417.35
Operating Income	657.94	301.25	54.98	546.97	774.57	330.32
Interest Expense	-15.01	-10.06	-5.4	-14.78	-13.26	-0.27
Interest & Investment Income	45	30.73	58.11	40.72	6.94	7.55
Currency Exchange Gain (Loss)	-2.34	-2.34	-7.05	1.75	15.47	-3.95
Other Non Operating Income (Expenses)	-32.1	-3.1	-1.95	-3.96	-0.43	-0.13
EBT Excluding Unusual Items	653.49	316.47	98.69	570.71	783.3	333.52
Impairment of Goodwill	-79.64	-79.64	-	-	-	-
Gain (Loss) on Sale of Investments	60.16	60.16	-	-67.01	-7.78	-
Gain (Loss) on Sale of Assets	0.2	0.21	0.5	0.92	-2.94	0.01
Asset Writedown	-10.63	-0.29	-0.29	-0.15	-	-0.73
Legal Settlements	-	-	-	-0.61	-	-
Other Unusual Items	52.71	32.67	38.53	-20.54	21.24	13.18
Pretax Income	676.29	329.58	137.43	483.32	793.82	345.98
Income Tax Expense	91.61	30	1.76	51.31	95.44	41.96
Earnings From Continuing Operations	584.68	299.58	135.67	432.01	698.38	304.01
Minority Interest in Earnings	5.18	1.6	-0.12	2.68	0.51	-0.42
Net Income	589.86	301.18	135.55	434.69	698.89	303.59
Net Income to Common	589.86	301.18	135.55	434.69	698.89	303.59
Net Income Growth	229.26%	122.20%	-68.82%	-37.80%	130.21%	33.17%
Shares Outstanding (Basic)	419	418	424	414	378	357
Shares Outstanding (Diluted)	428	424	424	414	378	357
Shares Change (YoY)	0.35%	0.14%	2.32%	9.58%	5.77%	-
EPS (Basic)	1.41	0.72	0.32	1.05	1.85	0.85
EPS (Diluted)	1.38	0.71	0.32	1.05	1.85	0.85
EPS Growth	228.11%	121.88%	-69.52%	-43.24%	117.65%	-
Free Cash Flow	-584.61	-69.12	174.35	511.53	-348.38	-67.75
Free Cash Flow Per Share	-1.37	-0.16	0.41	1.24	-0.92	-0.19
Dividend Per Share	0.400	0.400	-	2.000	0.400	-
Dividend Growth	-	-	-	400.00%	-	-
Gross Margin	31.05%	27.35%	29.69%	36.49%	35.97%	33.83%
Operating Margin	13.42%	9.01%	3.36%	19.63%	18.98%	14.94%
Profit Margin	12.03%	9.01%	8.29%	15.60%	17.13%	13.73%
Free Cash Flow Margin	-11.92%	-2.07%	10.67%	18.36%	-8.54%	-3.06%
EBITDA	673.41	317.97	73.36	565.75	794.21	343.15
EBITDA Margin	13.74%	9.51%	4.49%	20.31%	19.46%	15.53%
D&A For EBITDA	15.48	16.72	18.38	18.78	19.64	12.84
EBIT	657.94	301.25	54.98	546.97	774.57	330.32
EBIT Margin	13.42%	9.01%	3.36%	19.63%	18.98%	14.94%
Effective Tax Rate	13.55%	9.10%	1.28%	10.62%	12.02%	12.13%
Revenue as Reported	4,902	3,343	1,634	2,786	4,081	2,210
Advertising Expenses	-	4.85	0.49	0.37	7.1	-

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