HKG:8500 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	14.39	21.95	25.42	68.97	175.36	268.61
Revenue Growth (YoY)	-55.21%	-13.67%	-63.14%	-60.67%	-34.72%	78.96%
Cost of Revenue	12.59	24.1	21.26	73.47	144.79	163.71
Gross Profit	1.8	-2.16	4.16	-4.5	30.57	104.9
Selling, General & Admin	11.94	11.26	12.92	15.11	26.07	19.88
Other Operating Expenses	-0.28	-0.11	-0.59	-0.62	-3.44	-0.62
Operating Expenses	0.21	-3.48	76.07	41.21	22.64	19.26
Operating Income	1.59	1.32	-71.91	-45.71	7.93	85.64
Interest Expense	-0.16	-0.17	-0.89	-0.87	-0.44	-0.12
Interest & Investment Income	0.09	0.09	0.01	0.03	0.13	0.16
Currency Exchange Gain (Loss)	0.24	0.24	-	-	-	-
Other Non Operating Income (Expenses)	-0.07	0.04	0.78	-	-	-
EBT Excluding Unusual Items	1.69	1.51	-72.01	-46.55	7.62	85.68
Gain (Loss) on Sale of Assets	0.07	0.07	-	-	-	-
Asset Writedown	-0.3	-0.3	-1.14	-	-	-
Other Unusual Items	-19.09	-19.09	-4.63	-	-	-
Pretax Income	-17.64	-17.81	-77.79	-46.55	7.62	85.68
Income Tax Expense	-	-	6.86	-7.36	2.75	22.95
Net Income	-17.64	-17.81	-84.65	-39.19	4.87	62.73
Net Income to Common	-17.64	-17.81	-84.65	-39.19	4.87	62.73
Net Income Growth	-	-	-	-	-92.23%	-
Shares Outstanding (Basic)	438	322	180	180	180	178
Shares Outstanding (Diluted)	438	322	180	180	180	178
Shares Change (YoY)	129.87%	79.11%	-	-	0.97%	32.06%
EPS (Basic)	-0.04	-0.06	-0.47	-0.22	0.03	0.35
EPS (Diluted)	-0.04	-0.06	-0.47	-0.22	0.03	0.35
EPS Growth	-	-	-	-	-92.27%	-
Free Cash Flow	-40.17	-51.07	20.75	-16.52	-2.3	-57.89
Free Cash Flow Per Share	-0.09	-0.16	0.12	-0.09	-0.01	-0.33
Gross Margin	12.50%	-9.82%	16.38%	-6.52%	17.43%	39.05%
Operating Margin	11.06%	6.02%	-282.83%	-66.28%	4.52%	31.88%
Profit Margin	-122.52%	-81.16%	-332.94%	-56.82%	2.78%	23.35%
Free Cash Flow Margin	-279.06%	-232.70%	81.62%	-23.95%	-1.31%	-21.55%
EBITDA	1.59	1.42	-71.39	-45.12	8.6	86.53
EBITDA Margin	11.06%	6.46%	-280.79%	-65.42%	4.90%	32.21%
D&A For EBITDA	-	0.1	0.52	0.59	0.66	0.88
EBIT	1.59	1.32	-71.91	-45.71	7.93	85.64
EBIT Margin	11.06%	6.02%	-282.83%	-66.28%	4.52%	31.88%
Effective Tax Rate	-	-	-	-	36.08%	26.79%

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