HKG:7489 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	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	40,268	34,865	19,361	12,749
Revenue Growth	-	80.08%	51.86%	-
Cost of Revenue	32,488	27,569	15,295	10,936
Gross Profit	7,780	7,296	4,065	1,813
Selling, General & Admin	7,221	6,167	4,385	3,319
Research & Development	1,735	1,360	814.57	671.7
Operating Expenses	8,962	7,527	5,200	4,004
Operating Income	-1,182	-230.64	-1,135	-2,191
Interest Expense	-125.08	-88.32	-103.56	-41.55
Interest & Investment Income	65.69	65.69	64.87	54.76
Other Non Operating Income (Expenses)	1,091	1,237	887.76	258.32
EBT Excluding Unusual Items	-150.11	983.4	-285.46	-1,919
Gain (Loss) on Sale of Assets	83.79	83.79	47.59	9.04
Asset Writedown	-	-	-3	-39.58
Pretax Income	-66.31	1,067	-240.87	-1,950
Income Tax Expense	-230.23	49.82	-150.41	-454.06
Net Income	163.92	1,017	-90.46	-1,496
Net Income to Common	163.92	1,017	-90.46	-1,496
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	3,653	3,360	3,093	3,093
Shares Outstanding (Diluted)	3,653	3,360	3,093	3,093
Shares Change	-	8.63%	-	-
EPS (Basic)	0.04	0.30	-0.03	-0.48
EPS (Diluted)	0.04	0.30	-0.03	-0.48
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	1,690	1,872	1,661	1,415
Free Cash Flow Per Share	0.46	0.56	0.54	0.46
Gross Margin	19.32%	20.93%	21.00%	14.22%
Operating Margin	-2.94%	-0.66%	-5.86%	-17.18%
Profit Margin	0.41%	2.92%	-0.47%	-11.73%
Free Cash Flow Margin	4.20%	5.37%	8.58%	11.10%
EBITDA	1,890	2,135	437.58	-1,210
EBITDA Margin	4.69%	6.12%	2.26%	-9.49%
D&A For EBITDA	3,072	2,365	1,572	981.07
EBIT	-1,182	-230.64	-1,135	-2,191
EBIT Margin	-2.94%	-0.66%	-5.86%	-17.18%
Effective Tax Rate	-	4.67%	-	-