HKG:6127 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	2015 - 2019
Period Ending	Sep '25 Sep 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	2015 - 2019
Operating Revenue	1,668	2,018	2,376	2,268	1,517	1,076	Upgrade
Revenue	1,668	2,018	2,376	2,268	1,517	1,076	Upgrade
Revenue Growth (YoY)	-21.48%	-15.07%	4.78%	49.54%	40.97%	68.27%	Upgrade
Cost of Revenue	1,302	1,498	1,395	1,187	778.89	524.6	Upgrade
Gross Profit	366.19	520.82	981.55	1,081	737.79	551.3	Upgrade
Selling, General & Admin	296.54	317.06	304.87	317.88	272.13	221.54	Upgrade
Research & Development	85.7	92.92	96.85	77.99	47.76	50.66	Upgrade
Other Operating Expenses	-9.07	8.22	-3.32	-22.84	1.26	0.66	Upgrade
Operating Expenses	378.33	437.12	408.4	373.02	321.97	270.11	Upgrade
Operating Income	-12.14	83.69	573.16	708.41	415.82	281.2	Upgrade
Interest Expense	-0.62	-2.45	-3.14	-3.58	-3.96	-0.84	Upgrade
Interest & Investment Income	45.13	139.24	152.13	131.23	100.72	3.6	Upgrade
Earnings From Equity Investments	-	-	-	-2.69	-	-	Upgrade
Currency Exchange Gain (Loss)	-0.68	-0.68	12.11	27.4	-60.33	-3.38	Upgrade
Other Non Operating Income (Expenses)	45.13	-14.13	-0.71	-	-0.76	-0.37	Upgrade
EBT Excluding Unusual Items	76.82	205.68	733.54	860.77	451.5	280.22	Upgrade
Gain (Loss) on Sale of Investments	232.55	-127.05	-245.64	32.21	157.78	58.95	Upgrade
Gain (Loss) on Sale of Assets	0.35	-0.21	-0.25	-0.41	-0.41	-0.31	Upgrade
Asset Writedown	-50.82	-	-	333.07	-	-	Upgrade
Other Unusual Items	14.65	25.62	19.3	14.37	33.14	21.72	Upgrade
Pretax Income	273.56	104.04	506.95	1,240	642	360.57	Upgrade
Income Tax Expense	48.85	34.28	115.4	166.8	85.59	46.94	Upgrade
Earnings From Continuing Operations	224.71	69.76	391.55	1,073	556.42	313.63	Upgrade
Minority Interest in Earnings	0.38	4.32	5.44	1.06	1.04	1.39	Upgrade
Net Income	225.09	74.08	396.99	1,074	557.46	315.01	Upgrade
Net Income to Common	225.09	74.08	396.99	1,074	557.46	315.01	Upgrade
Net Income Growth	-	-81.34%	-63.04%	92.71%	76.96%	68.67%	Upgrade
Shares Outstanding (Basic)	430	741	749	747	723	617	Upgrade
Shares Outstanding (Diluted)	430	741	749	751	729	624	Upgrade
Shares Change (YoY)	-44.63%	-1.11%	-0.33%	3.03%	16.95%	1.01%	Upgrade
EPS (Basic)	0.52	0.10	0.53	1.44	0.77	0.51	Upgrade
EPS (Diluted)	0.52	0.10	0.53	1.43	0.76	0.51	Upgrade
EPS Growth	-	-81.13%	-62.94%	87.10%	51.32%	66.97%	Upgrade
Free Cash Flow	210.5	69.54	430.15	676.68	448.41	279.41	Upgrade
Free Cash Flow Per Share	0.49	0.09	0.57	0.90	0.61	0.45	Upgrade
Dividend Per Share	0.030	0.030	0.160	0.286	0.184	0.128	Upgrade
Dividend Growth	-81.25%	-81.25%	-44.00%	55.61%	43.89%	44.18%	Upgrade
Gross Margin	21.95%	25.80%	41.30%	47.68%	48.64%	51.24%	Upgrade
Operating Margin	-0.73%	4.15%	24.12%	31.24%	27.42%	26.14%	Upgrade
Profit Margin	13.49%	3.67%	16.71%	47.37%	36.75%	29.28%	Upgrade
Free Cash Flow Margin	12.62%	3.45%	18.10%	29.84%	29.57%	25.97%	Upgrade
EBITDA	78.15	179.58	676.51	802.6	490.27	341.85	Upgrade
EBITDA Margin	4.69%	8.90%	28.47%	35.39%	32.32%	31.77%	Upgrade
D&A For EBITDA	90.29	95.89	103.36	94.19	74.45	60.65	Upgrade
EBIT	-12.14	83.69	573.16	708.41	415.82	281.2	Upgrade
EBIT Margin	-0.73%	4.15%	24.12%	31.24%	27.42%	26.14%	Upgrade
Effective Tax Rate	17.86%	32.95%	22.76%	13.45%	13.33%	13.02%	Upgrade
Revenue as Reported	1,668	2,018	2,376	-	1,517	1,076	Upgrade
Advertising Expenses	-	5	4.51	-	1.42	1.24	Upgrade

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