HKG:3689 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	2,024	2,056	2,042	1,846	1,954
Revenue Growth (YoY)	-1.53%	0.68%	10.63%	-5.54%	11.97%
Cost of Revenue	1,655	1,734	1,677	1,600	1,629
Gross Profit	368.92	321.87	364.37	245.15	325.05
Selling, General & Admin	207.43	277.1	242.39	212.12	174.32
Operating Expenses	221.49	281.49	245.1	215.91	199.03
Operating Income	147.43	40.39	119.27	29.24	126.02
Interest Expense	-15.96	-11.95	-9.41	-15.04	-19.81
Interest & Investment Income	10.29	13.8	17.01	16.51	10.48
Earnings From Equity Investments	-23.16	-	-	-	-
Currency Exchange Gain (Loss)	-3.42	2.5	1.13	5.91	-2.29
Other Non Operating Income (Expenses)	4.12	39.73	26.5	30.31	33.11
EBT Excluding Unusual Items	119.3	84.47	154.5	66.93	147.5
Impairment of Goodwill	-	-	-	-	-15.51
Gain (Loss) on Sale of Investments	8.6	-9.4	-0.88	-4.44	-2.33
Gain (Loss) on Sale of Assets	18.54	-0.35	-0.19	-0.58	-0.45
Asset Writedown	-4.5	-	-	-	-
Other Unusual Items	0.36	-11.67	-	7.4	-
Pretax Income	142.3	63.06	153.43	69.31	129.21
Income Tax Expense	47.79	52.58	62.41	43.03	62.28
Earnings From Continuing Operations	94.51	10.47	91.02	26.28	66.93
Minority Interest in Earnings	5.08	4.86	30.04	33.41	27.38
Net Income	99.59	15.34	121.06	59.7	94.31
Net Income to Common	99.59	15.34	121.06	59.7	94.31
Net Income Growth	549.35%	-87.33%	102.79%	-36.70%	-
Shares Outstanding (Basic)	334	334	334	334	334
Shares Outstanding (Diluted)	334	334	334	334	334
EPS (Basic)	0.30	0.05	0.36	0.18	0.28
EPS (Diluted)	0.30	0.05	0.36	0.18	0.28
EPS Growth	549.35%	-87.33%	102.78%	-36.69%	-
Free Cash Flow	234.48	193.15	73.31	106.2	162.19
Free Cash Flow Per Share	0.70	0.58	0.22	0.32	0.48
Dividend Per Share	0.160	0.150	-	-	-
Dividend Growth	6.67%	-	-	-	-
Gross Margin	18.23%	15.66%	17.84%	13.28%	16.63%
Operating Margin	7.28%	1.97%	5.84%	1.58%	6.45%
Profit Margin	4.92%	0.75%	5.93%	3.23%	4.83%
Free Cash Flow Margin	11.58%	9.40%	3.59%	5.75%	8.30%
EBITDA	244.89	148.07	227.19	142.83	239.62
EBITDA Margin	12.10%	7.20%	11.13%	7.74%	12.26%
D&A For EBITDA	97.46	107.68	107.91	113.59	113.6
EBIT	147.43	40.39	119.27	29.24	126.02
EBIT Margin	7.28%	1.97%	5.84%	1.58%	6.45%
Effective Tax Rate	33.58%	83.39%	40.67%	62.08%	48.20%

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