Baiwang Co., Ltd. (HKG:6657)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
15.60
+0.11 (0.71%)
At close: Mar 27, 2026

Baiwang Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
728.6659.21713525.77453.76
Revenue Growth (YoY)
10.53%-7.54%35.61%15.87%55.87%
Cost of Revenue
420.46395.79430.97311.48237.6
Gross Profit
308.13263.42282.03214.29216.16
Selling, General & Admin
193.74251.97371.91172.38269.82
Research & Development
135.03179.93187.96144.28137.78
Other Operating Expenses
8.29-2.03-2.55-7.580.21
Operating Expenses
341.99438.11563.14310.37409.36
Operating Income
-33.86-174.68-281.11-96.08-193.2
Interest Expense
-0.52-0.36-1.02-1.57-0.24
Interest & Investment Income
-2.456.8810.3110.58
Earnings From Equity Investments
-0.31-5.32-4.031.074.96
Currency Exchange Gain (Loss)
-2.91---
Other Non Operating Income (Expenses)
3.54-24.66-24.11-16.24-6.56
EBT Excluding Unusual Items
-31.15-199.66-303.39-102.5-184.46
Gain (Loss) on Sale of Investments
21.19-298.37-55.76-53.49-263.91
Gain (Loss) on Sale of Assets
--0.39-0.03-0.03-0.01
Legal Settlements
--2.44---
Pretax Income
-9.96-500.86-359.17-156.03-448.37
Income Tax Expense
0.020.460.120.2-
Earnings From Continuing Operations
-9.98-501.32-359.29-156.22-448.37
Minority Interest in Earnings
0.350.111.312.721.44
Net Income
-9.63-501.21-357.98-153.5-446.94
Net Income to Common
-9.63-501.21-357.98-153.5-446.94
Shares Outstanding (Basic)
241183140140140
Shares Outstanding (Diluted)
241183140140140
Shares Change (YoY)
31.31%30.93%---
EPS (Basic)
-0.04-2.73-2.56-1.10-3.19
EPS (Diluted)
-0.04-2.73-2.56-1.10-3.19
Free Cash Flow
--155.31-104.37-68.42-16.11
Free Cash Flow Per Share
--0.85-0.74-0.49-0.12
Gross Margin
42.29%39.96%39.56%40.76%47.64%
Operating Margin
-4.65%-26.50%-39.43%-18.27%-42.58%
Profit Margin
-1.32%-76.03%-50.21%-29.20%-98.50%
Free Cash Flow Margin
--23.56%-14.64%-13.01%-3.55%
EBITDA
-28.93-169.76-276.52-91.81-186.88
EBITDA Margin
-3.97%-25.75%-38.78%-17.46%-41.18%
D&A For EBITDA
4.934.934.594.286.33
EBIT
-33.86-174.68-281.11-96.08-193.2
EBIT Margin
-4.65%-26.50%-39.43%-18.27%-42.58%
Advertising Expenses
-10.0211.89--
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.