HKG:8481 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	585.74	585.65	540.54	448.8	494.96
Revenue Growth (YoY)	0.01%	8.34%	20.44%	-9.33%	34.17%
Cost of Revenue	367.21	395.3	384.45	346.85	400.55
Gross Profit	218.53	190.35	156.09	101.95	94.41
Selling, General & Admin	129.14	128.81	120.51	87.81	73.92
Other Operating Expenses	-6.08	-9.55	-6.64	-6.82	-3.78
Operating Expenses	121.31	121.91	114.33	81.9	70.33
Operating Income	97.22	68.44	41.76	20.05	24.08
Interest Expense	-9.68	-12.53	-9.81	-9.22	-7.28
Interest & Investment Income	0.68	0.72	0.21	0.3	0.62
Currency Exchange Gain (Loss)	0.1	2.21	1.57	2.09	-1.26
Other Non Operating Income (Expenses)	-0.55	-0.87	-0.7	-0.73	-0.81
EBT Excluding Unusual Items	87.77	57.97	33.03	12.49	15.34
Gain (Loss) on Sale of Investments	-	-	0.01	0.07	0.01
Gain (Loss) on Sale of Assets	-0.81	-2.71	-0.09	-0.39	-0.69
Asset Writedown	-	-	-	-0.02	-
Pretax Income	86.97	55.26	32.95	12.15	14.66
Income Tax Expense	11.12	7.75	4.6	0.1	1.06
Earnings From Continuing Operations	75.85	47.51	28.35	12.06	13.6
Net Income	75.85	47.51	28.35	12.06	13.6
Net Income to Common	75.85	47.51	28.35	12.06	13.6
Net Income Growth	59.64%	67.58%	135.14%	-11.31%	46.63%
Shares Outstanding (Basic)	426	482	500	500	500
Shares Outstanding (Diluted)	426	482	500	500	500
Shares Change (YoY)	-11.53%	-3.67%	-0.02%	-	-
EPS (Basic)	0.18	0.10	0.06	0.02	0.03
EPS (Diluted)	0.18	0.10	0.06	0.02	0.03
EPS Growth	80.43%	73.97%	135.18%	-11.31%	46.63%
Free Cash Flow	-210.22	-67.13	52.21	-63.04	-30.86
Free Cash Flow Per Share	-0.49	-0.14	0.10	-0.13	-0.06
Gross Margin	37.31%	32.50%	28.88%	22.71%	19.07%
Operating Margin	16.60%	11.69%	7.73%	4.47%	4.87%
Profit Margin	12.95%	8.11%	5.24%	2.69%	2.75%
Free Cash Flow Margin	-35.89%	-11.46%	9.66%	-14.04%	-6.23%
EBITDA	134.25	112.82	75.59	46.01	42.44
EBITDA Margin	22.92%	19.26%	13.98%	10.25%	8.57%
D&A For EBITDA	37.04	44.38	33.83	25.96	18.36
EBIT	97.22	68.44	41.76	20.05	24.08
EBIT Margin	16.60%	11.69%	7.73%	4.47%	4.87%
Effective Tax Rate	12.78%	14.02%	13.95%	0.79%	7.24%

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