HKG:3933 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	13,211	13,759	13,740	11,334	9,703
Revenue Growth (YoY)	-3.98%	0.14%	21.22%	16.81%	10.61%
Cost of Revenue	7,697	7,677	7,405	6,365	5,492
Gross Profit	5,514	6,082	6,335	4,969	4,211
Selling, General & Admin	2,303	2,297	2,384	2,366	2,332
Research & Development	921.05	890.76	757.25	-	-
Other Operating Expenses	50.2	36.82	21.14	603.62	494.95
Operating Expenses	3,294	3,263	3,168	2,954	2,829
Operating Income	2,220	2,819	3,167	2,015	1,382
Interest Expense	-69.73	-34.96	-66.9	-81.6	-60.23
Interest & Investment Income	152.57	127.79	105.42	70.74	82.78
Earnings From Equity Investments	-0.05	-0.19	0.14	-0.19	-
Currency Exchange Gain (Loss)	-27.74	117.82	-2.95	-21.68	42.67
Other Non Operating Income (Expenses)	201.07	220.55	107.58	98.42	-226.9
EBT Excluding Unusual Items	2,476	3,250	3,310	2,081	1,220
Gain (Loss) on Sale of Investments	79.38	66.5	72.75	17.97	-
Gain (Loss) on Sale of Assets	21.04	-4.27	-3.7	-4.39	-3.3
Asset Writedown	-48.59	-23.3	-42.39	-80.34	-19.25
Other Unusual Items	-	-0.02	7.03	-7.22	5.19
Pretax Income	2,528	3,289	3,344	2,007	1,203
Income Tax Expense	446.87	631.08	643.3	425.74	213.06
Earnings From Continuing Operations	2,081	2,658	2,701	1,581	989.59
Minority Interest in Earnings	4.82	1.88	0.51	0.07	-1.49
Net Income	2,086	2,660	2,701	1,581	988.1
Net Income to Common	2,086	2,660	2,701	1,581	988.1
Net Income Growth	-21.57%	-1.54%	70.85%	60.01%	40.56%
Shares Outstanding (Basic)	1,885	1,817	1,817	1,820	1,840
Shares Outstanding (Diluted)	1,885	1,817	1,817	1,820	1,840
Shares Change (YoY)	3.76%	-0.01%	-0.15%	-1.10%	4.20%
EPS (Basic)	1.11	1.46	1.49	0.87	0.54
EPS (Diluted)	1.11	1.46	1.49	0.87	0.54
EPS Growth	-24.41%	-1.53%	71.11%	61.80%	34.90%
Free Cash Flow	-	1,484	1,165	1,251	1,060
Free Cash Flow Per Share	-	0.82	0.64	0.69	0.58
Dividend Per Share	0.420	0.440	0.400	0.190	0.120
Dividend Growth	-4.54%	10.00%	110.53%	58.33%	50.00%
Gross Margin	41.74%	44.21%	46.11%	43.84%	43.40%
Operating Margin	16.80%	20.49%	23.05%	17.78%	14.24%
Profit Margin	15.79%	19.33%	19.66%	13.95%	10.18%
Free Cash Flow Margin	-	10.79%	8.48%	11.04%	10.93%
EBITDA	2,802	3,401	3,705	2,539	1,978
EBITDA Margin	21.21%	24.71%	26.97%	22.40%	20.38%
D&A For EBITDA	581.59	581.59	538.01	523.67	596.06
EBIT	2,220	2,819	3,167	2,015	1,382
EBIT Margin	16.80%	20.49%	23.05%	17.78%	14.24%
Effective Tax Rate	17.68%	19.19%	19.24%	21.21%	17.72%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.