HKG:8502 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	158.83	177.04	173.58	187.38	165.84
Revenue Growth (YoY)	-10.29%	1.99%	-7.36%	12.99%	10.19%
Cost of Revenue	52.94	59.79	62.47	72.24	68.15
Gross Profit	105.89	117.26	111.11	115.13	97.69
Selling, General & Admin	28.46	30.16	27.41	20.58	18.5
Operating Expenses	28.46	30.16	27.41	20.58	18.5
Operating Income	77.43	87.1	83.7	94.56	79.19
Interest Expense	-0.05	-0.08	-0.01	-0.04	-0.07
Interest & Investment Income	-	6.39	6.1	4.79	2.8
Earnings From Equity Investments	0.01	-	-	-	-
Currency Exchange Gain (Loss)	-	1.65	0.57	0.04	-0.33
Other Non Operating Income (Expenses)	13.78	9.8	6.75	7.55	9.6
EBT Excluding Unusual Items	91.16	104.85	97.11	106.89	91.19
Gain (Loss) on Sale of Assets	-	-	0.18	0.02	0.13
Asset Writedown	0.65	-1.29	0.82	0.78	2.93
Pretax Income	91.81	103.56	98.11	107.69	94.25
Income Tax Expense	19.98	14.73	17.03	20.23	14.75
Earnings From Continuing Operations	71.84	88.84	81.08	87.45	79.5
Minority Interest in Earnings	-19.66	-23.21	-21.94	-23.36	-22.29
Net Income	52.18	65.62	59.14	64.09	57.21
Net Income to Common	52.18	65.62	59.14	64.09	57.21
Net Income Growth	-20.49%	10.96%	-7.73%	12.04%	28.32%
Shares Outstanding (Basic)	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800
EPS (Basic)	0.07	0.08	0.07	0.08	0.07
EPS (Diluted)	0.07	0.08	0.07	0.08	0.07
EPS Growth	-20.49%	10.96%	-7.73%	12.04%	28.33%
Free Cash Flow	-	71.14	84.49	85.69	109.51
Free Cash Flow Per Share	-	0.09	0.11	0.11	0.14
Dividend Per Share	-	-	-	0.027	-
Gross Margin	66.67%	66.23%	64.01%	61.45%	58.90%
Operating Margin	48.75%	49.20%	48.22%	50.46%	47.75%
Profit Margin	32.85%	37.07%	34.07%	34.21%	34.49%
Free Cash Flow Margin	-	40.18%	48.67%	45.73%	66.04%
EBITDA	100.11	109.78	105.09	115.99	104.7
EBITDA Margin	63.03%	62.01%	60.54%	61.90%	63.13%
D&A For EBITDA	22.69	22.69	21.39	21.44	25.51
EBIT	77.43	87.1	83.7	94.56	79.19
EBIT Margin	48.75%	49.20%	48.22%	50.46%	47.75%
Effective Tax Rate	21.76%	14.22%	17.35%	18.79%	15.65%

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