HKG:3689 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	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	Dec '20 Dec 31, 2020
Revenue	2,053	2,056	2,042	1,846	1,954	1,745
Revenue Growth (YoY)	0.68%	0.68%	10.63%	-5.54%	11.97%	-10.76%
Cost of Revenue	1,719	1,734	1,677	1,600	1,629	1,500
Gross Profit	334.01	321.87	364.37	245.15	325.05	244.76
Selling, General & Admin	245.39	277.1	242.39	212.12	174.32	173.17
Operating Expenses	256.75	281.49	245.1	215.91	199.03	207.53
Operating Income	77.26	40.39	119.27	29.24	126.02	37.23
Interest Expense	-3	-11.95	-9.41	-15.04	-19.81	-22
Interest & Investment Income	16.61	18.09	17.01	16.51	10.48	20.48
Currency Exchange Gain (Loss)	-1.15	2.5	1.13	5.91	-2.29	-4.91
Other Non Operating Income (Expenses)	25.47	23.77	26.5	30.31	33.11	17.89
EBT Excluding Unusual Items	96.84	72.81	154.5	66.93	147.5	48.69
Impairment of Goodwill	-	-	-	-	-15.51	-77.4
Gain (Loss) on Sale of Investments	2	-9.4	-0.88	-4.44	-2.33	4.13
Gain (Loss) on Sale of Assets	19.14	-0.35	-0.19	-0.58	-0.45	-1.51
Other Unusual Items	1.45	-	-	7.4	-	-
Pretax Income	119.14	63.06	153.43	69.31	129.21	-26.09
Income Tax Expense	51.44	52.58	62.41	43.03	62.28	23.97
Earnings From Continuing Operations	67.7	10.47	91.02	26.28	66.93	-50.06
Minority Interest in Earnings	8.82	4.86	30.04	33.41	27.38	24.68
Net Income	76.52	15.34	121.06	59.7	94.31	-25.37
Net Income to Common	76.52	15.34	121.06	59.7	94.31	-25.37
Net Income Growth	50.44%	-87.33%	102.79%	-36.70%	-	-
Shares Outstanding (Basic)	334	334	334	334	334	334
Shares Outstanding (Diluted)	334	334	334	334	334	334
EPS (Basic)	0.23	0.05	0.36	0.18	0.28	-0.08
EPS (Diluted)	0.23	0.05	0.36	0.18	0.28	-0.08
EPS Growth	50.44%	-87.33%	102.78%	-36.69%	-	-
Free Cash Flow	307.61	193.15	73.31	106.2	162.19	112.82
Free Cash Flow Per Share	0.92	0.58	0.22	0.32	0.48	0.34
Dividend Per Share	0.150	0.150	-	-	-	-
Gross Margin	16.27%	15.66%	17.84%	13.28%	16.63%	14.03%
Operating Margin	3.76%	1.97%	5.84%	1.58%	6.45%	2.13%
Profit Margin	3.73%	0.75%	5.93%	3.23%	4.83%	-1.45%
Free Cash Flow Margin	14.99%	9.40%	3.59%	5.75%	8.30%	6.46%
EBITDA	179.33	148.07	227.19	142.83	239.62	146.49
EBITDA Margin	8.74%	7.20%	11.13%	7.74%	12.26%	8.39%
D&A For EBITDA	102.07	107.68	107.91	113.59	113.6	109.27
EBIT	77.26	40.39	119.27	29.24	126.02	37.23
EBIT Margin	3.76%	1.97%	5.84%	1.58%	6.45%	2.13%
Effective Tax Rate	43.18%	83.39%	40.67%	62.08%	48.20%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.