HKG:3616 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,538	2,762	3,566	2,862	2,768
Revenue Growth (YoY)	-8.12%	-22.53%	24.59%	3.40%	14.27%
Cost of Revenue	2,470	2,639	3,131	2,440	1,916
Gross Profit	67.86	123.11	434.2	421.38	851.49
Selling, General & Admin	206.1	266.64	299.63	259.93	301.83
Other Operating Expenses	2.75	0.9	-6.18	2.73	10.74
Operating Expenses	219.52	267.54	293.45	262.66	312.57
Operating Income	-151.65	-144.43	140.76	158.72	538.92
Interest Expense	-0.8	-0.61	-0.93	-1.14	-1.24
Interest & Investment Income	0.24	0.7	1.07	1.15	1.57
Earnings From Equity Investments	-0.13	-0.05	-	-	-
Currency Exchange Gain (Loss)	0	-0.03	-0.02	-1.63	-0.33
Other Non Operating Income (Expenses)	-	-4.49	-	-	-
EBT Excluding Unusual Items	-152.34	-148.92	140.88	157.1	538.92
Gain (Loss) on Sale of Investments	-	-	-4.05	0.2	-7.02
Gain (Loss) on Sale of Assets	-0.06	-0.03	-0.04	-0.73	0.03
Asset Writedown	-4.27	-12.53	-2.92	-2.16	8.05
Other Unusual Items	-	0.84	-	-	-
Pretax Income	-156.67	-160.63	133.87	154.42	539.98
Income Tax Expense	74.47	103.34	97.05	76.65	236.81
Earnings From Continuing Operations	-231.14	-263.97	36.82	77.77	303.17
Minority Interest in Earnings	9.73	-6.45	4.13	7.04	3.74
Net Income	-221.41	-270.42	40.94	84.81	306.91
Net Income to Common	-221.41	-270.42	40.94	84.81	306.91
Net Income Growth	-	-	-51.72%	-72.37%	8.06%
Shares Outstanding (Basic)	1,200	1,200	1,200	1,200	1,200
Shares Outstanding (Diluted)	1,200	1,200	1,200	1,200	1,200
EPS (Basic)	-0.18	-0.23	0.03	0.07	0.26
EPS (Diluted)	-0.18	-0.23	0.03	0.07	0.26
EPS Growth	-	-	-51.72%	-72.37%	8.06%
Free Cash Flow	-	-36.85	-10.75	78.02	-176.01
Free Cash Flow Per Share	-	-0.03	-0.01	0.07	-0.15
Dividend Per Share	-	-	-	-	0.050
Gross Margin	2.67%	4.46%	12.18%	14.72%	30.76%
Operating Margin	-5.97%	-5.23%	3.95%	5.55%	19.47%
Profit Margin	-8.72%	-9.79%	1.15%	2.96%	11.09%
Free Cash Flow Margin	-	-1.33%	-0.30%	2.73%	-6.36%
EBITDA	-144.18	-136.95	149.68	167.98	548.12
EBITDA Margin	-5.68%	-4.96%	4.20%	5.87%	19.80%
D&A For EBITDA	7.48	7.48	8.93	9.26	9.2
EBIT	-151.65	-144.43	140.76	158.72	538.92
EBIT Margin	-5.97%	-5.23%	3.95%	5.55%	19.47%
Effective Tax Rate	-	-	72.50%	49.64%	43.85%

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