HKG:9881 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	333.19	350.06	348.75	393.27
Revenue Growth (YoY)	-15.28%	0.38%	-11.32%	-
Cost of Revenue	238.11	250.7	263.29	303.41
Gross Profit	95.08	99.37	85.46	89.86
Selling, General & Admin	70.34	55.52	53.66	50.36
Research & Development	18.58	15.35	8.78	12.96
Other Operating Expenses	-15.91	-16.87	-10.75	-13.01
Operating Expenses	73.04	53.83	51.86	50.3
Operating Income	22.04	45.53	33.61	39.56
Interest Expense	-2.74	-2.83	-2.26	-1.83
Interest & Investment Income	0.56	0.97	0.82	0.43
Currency Exchange Gain (Loss)	0.83	0.83	-2.95	3.84
EBT Excluding Unusual Items	20.68	44.5	29.21	42
Gain (Loss) on Sale of Investments	0.47	0.47	0.35	0.48
Gain (Loss) on Sale of Assets	-0.08	-0.08	-	-0.1
Pretax Income	21.07	44.89	29.55	42.38
Income Tax Expense	0.53	3.54	1.95	4.93
Net Income	20.54	41.35	27.6	37.45
Net Income to Common	20.54	41.35	27.6	37.45
Net Income Growth	-45.16%	49.79%	-26.29%	-
Shares Outstanding (Basic)	76	77	80	80
Shares Outstanding (Diluted)	76	77	80	80
Shares Change (YoY)	-4.58%	-3.44%	-	-
EPS (Basic)	0.27	0.54	0.35	0.47
EPS (Diluted)	0.27	0.54	0.35	0.47
EPS Growth	-42.52%	55.12%	-26.29%	-
Free Cash Flow	-22.63	46.52	9.63	22.48
Free Cash Flow Per Share	-0.30	0.60	0.12	0.28
Dividend Per Share	0.380	0.380	0.610	0.610
Dividend Growth	-37.70%	-37.70%	-	-
Gross Margin	28.54%	28.38%	24.51%	22.85%
Operating Margin	6.61%	13.01%	9.64%	10.06%
Profit Margin	6.16%	11.81%	7.92%	9.52%
Free Cash Flow Margin	-6.79%	13.29%	2.76%	5.72%
EBITDA	27.71	50.79	38.5	43.83
EBITDA Margin	8.32%	14.51%	11.04%	11.14%
D&A For EBITDA	5.68	5.26	4.89	4.27
EBIT	22.04	45.53	33.61	39.56
EBIT Margin	6.61%	13.01%	9.64%	10.06%
Effective Tax Rate	2.52%	7.88%	6.60%	11.64%

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