HKG:6998 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	2,225	2,487	2,546
Revenue Growth	-3.62%	-2.30%	-
Cost of Revenue	710.95	792.23	829.76
Gross Profit	1,514	1,695	1,716
Selling, General & Admin	797.43	822.38	865.57
Research & Development	197.59	162.56	121.87
Amortization of Goodwill & Intangibles	71.4	73.87	71.34
Other Operating Expenses	0.69	0.69	-0.67
Operating Expenses	1,067	1,060	1,058
Operating Income	446.59	635.73	658.18
Interest Expense	-148.52	-164.83	-259.57
Interest & Investment Income	14.95	14.95	13.75
Currency Exchange Gain (Loss)	9.28	9.28	-
Other Non Operating Income (Expenses)	-71.9	-25.16	67.45
EBT Excluding Unusual Items	250.41	469.97	479.81
Asset Writedown	1.26	-	-2.26
Other Unusual Items	26.3	26.3	4.93
Pretax Income	277.97	496.27	482.48
Income Tax Expense	59.15	97	94.6
Net Income	218.86	399.26	387.89
Net Income to Common	218.86	399.26	387.89
Net Income Growth	-5.02%	2.93%	-
Shares Outstanding (Basic)	1,839	1,674	1,668
Shares Outstanding (Diluted)	1,864	1,699	1,668
Shares Change	269.07%	1.85%	-
EPS (Basic)	0.12	0.24	0.23
EPS (Diluted)	0.12	0.23	0.23
EPS Growth	-74.35%	1.04%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	447.31	405.04	889.56
Free Cash Flow Per Share	0.24	0.24	0.53
Gross Margin	68.04%	68.15%	67.41%
Operating Margin	20.08%	25.56%	25.85%
Profit Margin	9.84%	16.05%	15.24%
Free Cash Flow Margin	20.11%	16.28%	34.94%
EBITDA	681.29	852.48	829.62
EBITDA Margin	30.62%	34.27%	32.58%
D&A For EBITDA	234.7	216.75	171.44
EBIT	446.59	635.73	658.18
EBIT Margin	20.08%	25.56%	25.85%
Effective Tax Rate	21.28%	19.55%	19.61%