HKG:3388 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	3,127	2,288	1,883
Revenue Growth (YoY)	36.65%	21.54%	-
Cost of Revenue	2,152	1,581	1,283
Gross Profit	974.89	707.8	599.53
Selling, General & Admin	740.17	488.75	384.1
Research & Development	221.88	148.71	96.27
Other Operating Expenses	-13.14	-13.7	-14.53
Operating Expenses	952	624.86	465.56
Operating Income	22.89	82.94	133.97
Interest Expense	-14.15	-15.17	-49.27
Interest & Investment Income	6.15	6.56	10.57
Currency Exchange Gain (Loss)	1.66	3.65	4.01
Other Non Operating Income (Expenses)	-0.07	-0.14	0.01
EBT Excluding Unusual Items	16.47	77.84	99.29
Gain (Loss) on Sale of Investments	1.63	1.34	0.93
Gain (Loss) on Sale of Assets	-0.32	-0.09	-0
Other Unusual Items	-224.02	10.14	34.65
Pretax Income	-206.24	89.23	134.86
Income Tax Expense	-23.82	0.57	6.35
Earnings From Continuing Operations	-182.42	88.66	128.51
Minority Interest in Earnings	-0.14	0.1	0.55
Net Income	-182.56	88.76	129.06
Net Income to Common	-182.56	88.76	129.06
Net Income Growth	-	-31.23%	-
Shares Outstanding (Basic)	377	364	364
Shares Outstanding (Diluted)	377	364	364
Shares Change (YoY)	3.52%	-	-
EPS (Basic)	-0.48	0.24	0.35
EPS (Diluted)	-0.48	0.24	0.35
EPS Growth	-	-31.23%	-
Free Cash Flow	-93.52	-34.52	16.73
Free Cash Flow Per Share	-0.25	-0.10	0.05
Gross Margin	31.18%	30.93%	31.84%
Operating Margin	0.73%	3.62%	7.12%
Profit Margin	-5.84%	3.88%	6.85%
Free Cash Flow Margin	-2.99%	-1.51%	0.89%
EBITDA	64.95	116.89	155.05
EBITDA Margin	2.08%	5.11%	8.24%
D&A For EBITDA	42.06	33.95	21.07
EBIT	22.89	82.94	133.97
EBIT Margin	0.73%	3.62%	7.12%
Effective Tax Rate	-	0.64%	4.71%