HKG:9609 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	334.03	421.7	329.55	327.08
Revenue Growth (YoY)	-20.79%	27.96%	0.76%	-
Cost of Revenue	230.06	296.62	226.66	180.23
Gross Profit	103.97	125.07	102.89	146.85
Selling, General & Admin	27.48	16.72	12.06	8.23
Research & Development	15.46	16.8	14.4	11.21
Other Operating Expenses	-	-	0.98	0.9
Operating Expenses	46.16	33.4	31.2	18.05
Operating Income	57.81	91.67	71.69	128.8
Interest Expense	-1.96	-2.4	-4.93	-22.19
Interest & Investment Income	0.81	1.7	1.69	1.35
Currency Exchange Gain (Loss)	-4.9	-0.78	-0.68	-
Other Non Operating Income (Expenses)	-0.28	0.33	10.52	12.62
EBT Excluding Unusual Items	51.49	90.52	78.29	120.57
Gain (Loss) on Sale of Investments	-	0.28	-	-
Gain (Loss) on Sale of Assets	-	2.43	-	-
Pretax Income	51.49	93.23	78.29	120.57
Income Tax Expense	6.75	6.81	8.47	18.57
Earnings From Continuing Operations	44.74	86.42	69.83	102.01
Minority Interest in Earnings	3.27	3.47	1.08	-
Net Income	48.01	89.88	70.9	102.01
Net Income to Common	48.01	89.88	70.9	102.01
Net Income Growth	-46.59%	26.77%	-30.49%	-
Shares Outstanding (Basic)	127	124	115	97
Shares Outstanding (Diluted)	127	124	115	97
Shares Change (YoY)	2.67%	7.82%	18.27%	-
EPS (Basic)	0.38	0.73	0.62	1.05
EPS (Diluted)	0.38	0.73	0.62	1.05
EPS Growth	-47.98%	17.58%	-41.23%	-
Free Cash Flow	-116.83	-0.86	-114.47	198.84
Free Cash Flow Per Share	-0.92	-0.01	-1.00	2.05
Gross Margin	31.13%	29.66%	31.22%	44.90%
Operating Margin	17.31%	21.74%	21.75%	39.38%
Profit Margin	14.37%	21.32%	21.52%	31.19%
Free Cash Flow Margin	-34.98%	-0.20%	-34.74%	60.79%
EBITDA	79.65	116.47	89.95	144.26
EBITDA Margin	23.85%	27.62%	27.30%	44.11%
D&A For EBITDA	21.84	24.8	18.26	15.47
EBIT	57.81	91.67	71.69	128.8
EBIT Margin	17.31%	21.74%	21.75%	39.38%
Effective Tax Rate	13.11%	7.31%	10.81%	15.40%