HKG:9886 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	4,888	4,669	4,857	4,329	3,679
Revenue Growth (YoY)	4.68%	-3.86%	12.19%	17.68%	65.07%
Cost of Revenue	3,164	3,131	3,346	2,879	2,516
Gross Profit	1,724	1,538	1,511	1,450	1,162
Selling, General & Admin	1,721	1,691	1,723	1,687	1,728
Research & Development	54.37	61.19	64.98	88.95	96.16
Operating Expenses	1,777	1,754	1,789	1,776	1,823
Operating Income	-53.44	-215.18	-278.25	-326.42	-660.65
Interest Expense	-12.38	-8.89	-7.88	-7.92	-17.78
Interest & Investment Income	31.91	32.59	36.39	17.15	4.17
Earnings From Equity Investments	-	-1.56	-2.45	-	-
Currency Exchange Gain (Loss)	-11.94	7.74	5.15	14.37	11.92
Other Non Operating Income (Expenses)	15.28	18.63	16.36	-2,541	-929.42
EBT Excluding Unusual Items	-30.57	-166.67	-230.68	-2,843	-1,592
Impairment of Goodwill	-	-198.92	-	-	-
Gain (Loss) on Sale of Investments	2.08	6.14	9.95	11.26	10.27
Gain (Loss) on Sale of Assets	-0.21	-1.42	-0.07	-0.01	-0.34
Asset Writedown	-	-6.85	-	-	-
Other Unusual Items	-2.01	-2.4	-0.42	0.06	-0.03
Pretax Income	-30.72	-370.12	-221.23	-2,832	-1,582
Income Tax Expense	21.4	9.87	9.64	10.13	17.12
Earnings From Continuing Operations	-52.11	-379.99	-230.87	-2,842	-1,599
Minority Interest in Earnings	3.09	3.49	5.06	8.88	20.95
Net Income	-49.02	-376.5	-225.81	-2,833	-1,578
Net Income to Common	-49.02	-376.5	-225.81	-2,833	-1,578
Shares Outstanding (Basic)	1,299	1,323	1,339	841	477
Shares Outstanding (Diluted)	1,299	1,323	1,339	841	477
Shares Change (YoY)	-1.81%	-1.21%	59.17%	76.33%	87.06%
EPS (Basic)	-0.04	-0.28	-0.17	-3.37	-3.31
EPS (Diluted)	-0.04	-0.28	-0.17	-3.37	-3.31
Free Cash Flow	101.12	-28.48	-19.1	-255.57	-315.96
Free Cash Flow Per Share	0.08	-0.02	-0.01	-0.30	-0.66
Gross Margin	35.26%	32.95%	31.10%	33.49%	31.60%
Operating Margin	-1.09%	-4.61%	-5.73%	-7.54%	-17.96%
Profit Margin	-1.00%	-8.06%	-4.65%	-65.45%	-42.90%
Free Cash Flow Margin	2.07%	-0.61%	-0.39%	-5.90%	-8.59%
EBITDA	-5.79	-172.37	-234.36	-280.87	-613.63
EBITDA Margin	-0.12%	-3.69%	-4.83%	-6.49%	-16.68%
D&A For EBITDA	47.66	42.81	43.89	45.55	47.02
EBIT	-53.44	-215.18	-278.25	-326.42	-660.65
EBIT Margin	-1.09%	-4.61%	-5.73%	-7.54%	-17.96%

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