HKG:9909 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	2,608	2,617	2,636	2,549	2,464
Revenue Growth (YoY)	-0.37%	-0.70%	3.39%	3.46%	28.25%
Cost of Revenue	1,794	1,774	1,739	1,705	1,642
Gross Profit	813.7	843.48	897.12	844.29	821.83
Selling, General & Admin	391.37	302.85	301.53	268.75	249.71
Other Operating Expenses	139.82	-29.6	-46.96	-54.19	-35.21
Operating Expenses	531.18	432.15	288.91	235.75	234.85
Operating Income	282.52	411.33	608.22	608.54	586.98
Interest Expense	-33.71	-70.67	-42.47	-57.8	-42.39
Interest & Investment Income	38.63	51.48	61.58	53.46	64.19
Earnings From Equity Investments	3.12	3.21	0.94	0.43	1.41
Currency Exchange Gain (Loss)	-0.32	-3.23	-1.32	14.95	0.6
Other Non Operating Income (Expenses)	-	-60.54	-14.02	-6.76	-2.39
EBT Excluding Unusual Items	290.23	331.57	612.94	612.82	608.4
Gain (Loss) on Sale of Investments	-9.35	-0.63	-1.25	0.58	0.25
Gain (Loss) on Sale of Assets	46.55	-	-	-	-
Asset Writedown	-2.21	-	-	-	-
Pretax Income	325.23	330.94	611.69	613.4	608.65
Income Tax Expense	93.25	106.56	159.3	174.28	169.94
Earnings From Continuing Operations	231.98	224.39	452.39	439.11	438.71
Minority Interest in Earnings	1.54	-8.37	0.56	3.96	-0.57
Net Income	233.52	216.02	452.95	443.08	438.14
Net Income to Common	233.52	216.02	452.95	443.08	438.14
Net Income Growth	8.10%	-52.31%	2.23%	1.13%	43.62%
Shares Outstanding (Basic)	643	637	635	632	632
Shares Outstanding (Diluted)	643	637	635	635	637
Shares Change (YoY)	0.86%	0.38%	0.01%	-0.40%	2.63%
EPS (Basic)	0.36	0.34	0.71	0.70	0.69
EPS (Diluted)	0.36	0.34	0.71	0.70	0.69
EPS Growth	7.17%	-52.49%	2.21%	1.54%	39.95%
Free Cash Flow	-	355.21	442.74	282.03	959.83
Free Cash Flow Per Share	-	0.56	0.70	0.44	1.51
Dividend Per Share	-	-	0.140	0.265	0.380
Dividend Growth	-	-	-47.24%	-30.17%	57.03%
Gross Margin	31.20%	32.23%	34.04%	33.12%	33.35%
Operating Margin	10.83%	15.72%	23.08%	23.87%	23.82%
Profit Margin	8.96%	8.25%	17.18%	17.38%	17.78%
Free Cash Flow Margin	-	13.57%	16.80%	11.06%	38.95%
EBITDA	397.78	526.6	692.5	691.94	690.97
EBITDA Margin	15.25%	20.12%	26.27%	27.14%	28.04%
D&A For EBITDA	115.27	115.27	84.28	83.4	103.99
EBIT	282.52	411.33	608.22	608.54	586.98
EBIT Margin	10.83%	15.72%	23.08%	23.87%	23.82%
Effective Tax Rate	28.67%	32.20%	26.04%	28.41%	27.92%
Advertising Expenses	-	102.53	72.27	49.49	42.96

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