HKG:3737 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	1,737	2,215	2,050	1,826	1,747
Revenue Growth (YoY)	-21.55%	8.05%	12.26%	4.55%	8.89%
Cost of Revenue	791.6	933.45	835.21	758.59	685.15
Gross Profit	945.89	1,281	1,215	1,067	1,061
Selling, General & Admin	893.86	1,094	994.81	914.57	932.14
Other Operating Expenses	55.41	61.72	55.4	49.28	49.64
Operating Expenses	949.27	1,156	1,050	963.84	981.77
Operating Income	-3.39	125.14	164.4	103.51	79.58
Interest Expense	-5.38	-6.99	-7.87	-6.56	-7.08
Interest & Investment Income	2.99	5.2	7.02	4	4.22
Other Non Operating Income (Expenses)	20.62	32.76	40.19	26.58	24.6
EBT Excluding Unusual Items	14.84	156.1	203.74	127.53	101.32
Gain (Loss) on Sale of Investments	3.77	-9.75	3.41	2.43	-39.61
Gain (Loss) on Sale of Assets	0.38	0.55	0.43	0.69	0.11
Pretax Income	18.99	146.9	207.58	130.65	61.81
Income Tax Expense	1.29	50.75	43.45	23.74	9.45
Earnings From Continuing Operations	17.7	96.15	164.13	106.92	52.37
Minority Interest in Earnings	-0.41	-0.94	-1.36	-0.53	-0.24
Net Income	17.29	95.21	162.78	106.39	52.13
Net Income to Common	17.29	95.21	162.78	106.39	52.13
Net Income Growth	-81.84%	-41.51%	53.00%	104.09%	-62.37%
Shares Outstanding (Basic)	823	845	847	847	837
Shares Outstanding (Diluted)	823	845	847	847	837
Shares Change (YoY)	-2.60%	-0.18%	-	1.20%	0.98%
EPS (Basic)	0.02	0.11	0.19	0.13	0.06
EPS (Diluted)	0.02	0.11	0.19	0.13	0.06
EPS Growth	-80.91%	-42.11%	51.27%	109.34%	-64.10%
Free Cash Flow	-	40.72	-67.68	196.17	-7.47
Free Cash Flow Per Share	-	0.05	-0.08	0.23	-0.01
Dividend Per Share	-	0.047	0.082	0.053	-
Dividend Growth	-	-42.49%	53.92%	-	-
Gross Margin	54.44%	57.85%	59.25%	58.45%	60.77%
Operating Margin	-0.19%	5.65%	8.02%	5.67%	4.56%
Profit Margin	1.00%	4.30%	7.94%	5.83%	2.99%
Free Cash Flow Margin	-	1.84%	-3.30%	10.74%	-0.43%
EBITDA	43.8	172.32	215.3	153.87	119.71
EBITDA Margin	2.52%	7.78%	10.50%	8.43%	6.85%
D&A For EBITDA	47.19	47.19	50.9	50.37	40.14
EBIT	-3.39	125.14	164.4	103.51	79.58
EBIT Margin	-0.19%	5.65%	8.02%	5.67%	4.56%
Effective Tax Rate	6.77%	34.55%	20.93%	18.17%	15.28%

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