HKG:9686 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	501.5	537.72	687.42	614.3	503.01
Revenue Growth (YoY)	-6.74%	-21.78%	11.90%	22.13%	-
Cost of Revenue	354.37	372.9	518.97	444.07	368.9
Gross Profit	147.13	164.81	168.45	170.23	134.11
Selling, General & Admin	149.07	214.86	265.46	332.53	214.28
Research & Development	42.01	55.58	78.96	85.32	64.9
Other Operating Expenses	-9.46	-3.61	-19.45	-13.2	-34.89
Operating Expenses	218.48	267.43	351.34	432.11	260.49
Operating Income	-71.35	-102.62	-182.89	-261.88	-126.38
Interest Expense	-27.02	-38.28	-42.88	-36.31	-41.99
Interest & Investment Income	20.9	5.22	4.81	1.52	1.88
Earnings From Equity Investments	-17.43	-4.93	-4.76	-4.15	-3.91
Currency Exchange Gain (Loss)	0.04	-2.65	-13.02	1.71	-19.62
Other Non Operating Income (Expenses)	-0.31	-5.93	-10.29	3.84	-7.48
EBT Excluding Unusual Items	-95.18	-149.19	-249.03	-295.28	-197.51
Gain (Loss) on Sale of Investments	10.6	1.98	-	-	-
Gain (Loss) on Sale of Assets	-0.93	-1.46	10.72	20.06	-5.51
Legal Settlements	-	-	-	-17.63	-
Other Unusual Items	1.58	1.03	-	-	-
Pretax Income	-83.93	-147.64	-238.31	-292.85	-203.02
Income Tax Expense	-0.08	7.26	4.95	1.9	-4.25
Earnings From Continuing Operations	-83.85	-154.89	-243.26	-294.74	-198.77
Minority Interest in Earnings	0.79	0.24	1.29	-1.79	2.34
Net Income	-83.05	-154.65	-241.97	-296.54	-196.43
Net Income to Common	-83.05	-154.65	-241.97	-296.54	-196.43
Shares Outstanding (Basic)	842	679	621	621	620
Shares Outstanding (Diluted)	842	679	621	621	620
Shares Change (YoY)	24.05%	9.25%	-	0.24%	-
EPS (Basic)	-0.10	-0.23	-0.39	-0.48	-0.32
EPS (Diluted)	-0.10	-0.23	-0.39	-0.48	-0.32
Free Cash Flow	8.13	-24.42	-81.17	-101.77	-124.13
Free Cash Flow Per Share	0.01	-0.04	-0.13	-0.16	-0.20
Gross Margin	29.34%	30.65%	24.50%	27.71%	26.66%
Operating Margin	-14.23%	-19.08%	-26.61%	-42.63%	-25.12%
Profit Margin	-16.56%	-28.76%	-35.20%	-48.27%	-39.05%
Free Cash Flow Margin	1.62%	-4.54%	-11.81%	-16.57%	-24.68%
EBITDA	-62.92	-92.5	-169.96	-244.23	-95.21
EBITDA Margin	-12.55%	-17.20%	-24.73%	-39.76%	-18.93%
D&A For EBITDA	8.43	10.12	12.92	17.65	31.17
EBIT	-71.35	-102.62	-182.89	-261.88	-126.38
EBIT Margin	-14.23%	-19.08%	-26.61%	-42.63%	-25.12%
Advertising Expenses	-	-	8.78	2.85	2.86

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.