HKG:3623 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
Operating Revenue	32.46	48.82	-6.22	6.44	-109.71
Other Revenue	13.05	18.07	28.96	85.55	218.61
Revenue	45.52	66.9	22.74	91.99	108.9
Revenue Growth (YoY)	-31.96%	194.13%	-75.28%	-15.52%	-41.19%
Cost of Revenue	43.11	61.68	25.08	106.52	43.55
Gross Profit	-21.9	-28.14	-42.87	-90.02	-51.18
Other Operating Expenses	-1.83	-0.39	-0.78	-0.77	-1.72
Operating Expenses	-1.83	-0.39	-0.78	-0.77	-1.72
Operating Income	-20.07	-27.76	-42.1	-89.25	-49.47
Interest Expense	-6.01	-6.72	-7.39	-7.38	-5.29
Other Non Operating Income (Expenses)	-0.11	-	-	-	-
EBT Excluding Unusual Items	-26.19	-34.48	-49.49	-96.62	-54.75
Asset Writedown	-0.87	-18.16	-	2.25	-2.25
Other Unusual Items	-	-	3.53	10.21	-6.09
Pretax Income	-27.06	-52.64	-44.9	-84.17	-63.08
Income Tax Expense	4.74	4.06	0.79	-1.7	19.53
Earnings From Continuing Operations	-31.8	-56.7	-45.69	-82.47	-82.62
Minority Interest in Earnings	7.32	17.58	12.27	8.29	11.44
Net Income	-24.48	-39.12	-33.42	-74.18	-71.18
Net Income to Common	-24.48	-39.12	-33.42	-74.18	-71.18
Shares Outstanding (Basic)	599	552	552	550	542
Shares Outstanding (Diluted)	599	552	552	550	542
Shares Change (YoY)	8.47%	0.01%	0.44%	1.40%	3.11%
EPS (Basic)	-0.04	-0.07	-0.06	-0.13	-0.13
EPS (Diluted)	-0.04	-0.07	-0.06	-0.13	-0.13
Free Cash Flow	-	28.27	8.26	-26.27	-105.67
Free Cash Flow Per Share	-	0.05	0.01	-0.05	-0.20
Gross Margin	-48.10%	-42.07%	-188.51%	-97.86%	-47.00%
Operating Margin	-44.09%	-41.49%	-185.08%	-97.02%	-45.42%
Profit Margin	-53.78%	-58.47%	-146.94%	-80.64%	-65.36%
Free Cash Flow Margin	-	42.26%	36.34%	-28.56%	-97.04%
EBITDA	-9.51	-17.2	-31.65	-78.94	-49.26
EBITDA Margin	-20.90%	-25.71%	-139.16%	-85.81%	-45.24%
D&A For EBITDA	10.56	10.56	10.44	10.3	0.2
EBIT	-20.07	-27.76	-42.1	-89.25	-49.47
EBIT Margin	-44.09%	-41.49%	-185.08%	-97.02%	-45.42%

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