HKG:3778 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	1,096	1,282	1,107	1,318	1,641
Revenue Growth (YoY)	-14.53%	15.83%	-16.01%	-19.67%	15.47%
Cost of Revenue	1,023	1,240	1,096	1,260	1,338
Gross Profit	72.52	42.21	11.26	58.1	303.18
Selling, General & Admin	68.78	73.07	73.86	78.87	80.52
Operating Expenses	68.78	73.07	73.86	78.87	80.52
Operating Income	3.75	-30.87	-62.6	-20.77	222.66
Interest Expense	-15.97	-18.91	-21.4	-22.68	-20.52
Interest & Investment Income	2.38	2.8	5.67	4.31	4.84
Currency Exchange Gain (Loss)	-1.01	-0.67	-0.18	-1.34	0.35
Other Non Operating Income (Expenses)	20.76	34.47	37.08	19.3	32.74
EBT Excluding Unusual Items	9.9	-13.18	-41.43	-21.17	240.06
Gain (Loss) on Sale of Assets	-1.21	-0.64	-0.17	-6.75	-17.94
Asset Writedown	-1.08	-	-	18.83	-
Pretax Income	7.61	-13.82	-41.6	-9.1	222.13
Income Tax Expense	14.3	-2.08	-15.08	-4.22	36.41
Earnings From Continuing Operations	-6.7	-11.74	-26.52	-4.88	185.71
Earnings From Discontinued Operations	-	-	-	-7.69	18.69
Net Income to Company	-6.7	-11.74	-26.52	-12.56	204.4
Minority Interest in Earnings	-	-	-	-	-1.86
Net Income	-6.7	-11.74	-26.52	-12.56	202.54
Net Income to Common	-6.7	-11.74	-26.52	-12.56	202.54
Net Income Growth	-	-	-	-	222.78%
Shares Outstanding (Basic)	125	125	125	125	125
Shares Outstanding (Diluted)	125	125	125	125	125
EPS (Basic)	-0.05	-0.09	-0.21	-0.10	1.62
EPS (Diluted)	-0.05	-0.09	-0.21	-0.10	1.62
EPS Growth	-	-	-	-	222.78%
Free Cash Flow	-	76.21	-96.71	114.14	66.75
Free Cash Flow Per Share	-	0.61	-0.77	0.91	0.53
Dividend Per Share	0.015	-	-	-	0.529
Dividend Growth	-	-	-	-	214.43%
Gross Margin	6.62%	3.29%	1.02%	4.41%	18.48%
Operating Margin	0.34%	-2.41%	-5.65%	-1.58%	13.57%
Profit Margin	-0.61%	-0.92%	-2.40%	-0.95%	12.34%
Free Cash Flow Margin	-	5.94%	-8.74%	8.66%	4.07%
EBITDA	81.08	46.47	12.06	43.01	288.4
EBITDA Margin	7.40%	3.62%	1.09%	3.26%	17.58%
D&A For EBITDA	77.33	77.33	74.66	63.78	65.74
EBIT	3.75	-30.87	-62.6	-20.77	222.66
EBIT Margin	0.34%	-2.41%	-5.65%	-1.58%	13.57%
Effective Tax Rate	187.99%	-	-	-	16.39%

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