HKG:6998 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	2,487	2,546
Revenue Growth (YoY)	-2.30%	-
Cost of Revenue	792.23	829.76
Gross Profit	1,695	1,716
Selling, General & Admin	822.38	865.57
Research & Development	162.56	121.87
Amortization of Goodwill & Intangibles	73.87	71.34
Other Operating Expenses	0.69	-0.67
Operating Expenses	1,060	1,058
Operating Income	635.73	658.18
Interest Expense	-164.83	-259.57
Interest & Investment Income	14.95	13.75
Currency Exchange Gain (Loss)	9.28	-
Other Non Operating Income (Expenses)	-25.16	67.45
EBT Excluding Unusual Items	469.97	479.81
Asset Writedown	-	-2.26
Other Unusual Items	26.3	4.93
Pretax Income	496.27	482.48
Income Tax Expense	97	94.6
Net Income	399.26	387.89
Net Income to Common	399.26	387.89
Net Income Growth	2.93%	-
Shares Outstanding (Basic)	1,674	1,668
Shares Outstanding (Diluted)	1,699	1,668
Shares Change (YoY)	1.85%	-
EPS (Basic)	0.24	0.23
EPS (Diluted)	0.23	0.23
EPS Growth	1.04%	-
Free Cash Flow	405.04	889.56
Free Cash Flow Per Share	0.24	0.53
Gross Margin	68.15%	67.41%
Operating Margin	25.56%	25.85%
Profit Margin	16.05%	15.24%
Free Cash Flow Margin	16.28%	34.94%
EBITDA	852.48	829.62
EBITDA Margin	34.27%	32.58%
D&A For EBITDA	216.75	171.44
EBIT	635.73	658.18
EBIT Margin	25.56%	25.85%
Effective Tax Rate	19.55%	19.61%