Beijing Digital Telecom Co., Ltd. (HKG:6188)

Beijing Digital Telecom Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	16,544	18,016	17,146	13,508	10,244
Revenue Growth (YoY)	-8.17%	5.08%	26.94%	31.86%	-24.40%
Cost of Revenue	16,080	17,347	16,338	12,891	11,625
Gross Profit	463.77	669.23	807.54	616.86	-1,381
Selling, General & Admin	584.26	596.13	600.6	622.46	1,394
Other Operating Expenses	37.58	24.14	105.52	9.15	966.89
Operating Expenses	1,478	1,355	1,126	788.44	2,361
Operating Income	-1,015	-685.36	-318.63	-171.58	-3,741
Interest Expense	-209.95	-173.91	-179.83	-177.79	-234.17
Interest & Investment Income	66.79	66.84	63.21	32.33	17.63
Earnings From Equity Investments	1.08	3.02	-8.31	-4.28	1.77
Currency Exchange Gain (Loss)	-	3.15	-	0.01	0.03
Other Non Operating Income (Expenses)	-294.64	-632.77	-266.65	60.31	109.63
EBT Excluding Unusual Items	-1,451	-1,419	-710.21	-260.99	-3,847
Impairment of Goodwill	-	-	-	-	-50.52
Gain (Loss) on Sale of Investments	-	1.92	7.44	1.7	3.22
Gain (Loss) on Sale of Assets	-	12.93	-	-	-7.94
Asset Writedown	-	-	-	-1.19	-3.52
Legal Settlements	-	-	41.7	-	-
Pretax Income	-1,451	-1,404	-661.08	-260.48	-3,905
Income Tax Expense	16.82	2.03	4.95	18.67	-308.36
Earnings From Continuing Operations	-1,468	-1,406	-666.03	-279.15	-3,597
Net Income to Company	-1,468	-1,406	-666.03	-279.15	-3,597
Minority Interest in Earnings	28.55	32.07	35.98	3.57	29.55
Net Income	-1,440	-1,374	-630.05	-275.58	-3,567
Net Income to Common	-1,440	-1,374	-630.05	-275.58	-3,567
Shares Outstanding (Basic)	886	886	748	732	732
Shares Outstanding (Diluted)	886	886	748	732	732
Shares Change (YoY)	-	18.48%	2.15%	-	0.17%
EPS (Basic)	-1.62	-1.55	-0.84	-0.38	-4.87
EPS (Diluted)	-1.62	-1.55	-0.84	-0.38	-4.87
Free Cash Flow	-	-153.6	39.31	-612.18	-1,011
Free Cash Flow Per Share	-	-0.17	0.05	-0.84	-1.38
Gross Margin	2.80%	3.72%	4.71%	4.57%	-13.48%
Operating Margin	-6.13%	-3.80%	-1.86%	-1.27%	-36.52%
Profit Margin	-8.70%	-7.63%	-3.67%	-2.04%	-34.83%
Free Cash Flow Margin	-	-0.85%	0.23%	-4.53%	-9.87%
EBITDA	-994.61	-665.41	-299.03	-149.22	-3,712
EBITDA Margin	-6.01%	-3.69%	-1.74%	-1.10%	-36.23%
D&A For EBITDA	19.95	19.95	19.6	22.36	29.87
EBIT	-1,015	-685.36	-318.63	-171.58	-3,741
EBIT Margin	-6.13%	-3.80%	-1.86%	-1.27%	-36.52%

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