Fenbi Ltd. (02469.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.1B	2.7B	2.8B	3.0B	2.8B
Cost of Revenue	2.5B	1.2B	1.3B	1.5B	1.4B
Gross Profit	2.5B	1.4B	1.5B	1.6B	1.4B
Operating Expenses
R&D Expense	488.1M	244.6M	221.1M	251.4M	196.6M
SG&A Expense	2.1B	1.0B	1.0B	1.1B	1.1B
General & Admin Expense	597.0M	383.1M	411.4M	471.5M	543.7M
Selling & Marketing Expense	954.6M	644.0M	630.9M	673.9M	516.8M
Other Expenses	(39.7M)	(27.4M)	(26.6M)	(7.9M)	(17.9M)
Total Operating Expenses	2.6B	1.2B	1.2B	1.4B	1.2B
Cost and Expenses	5.1B	2.5B	2.6B	2.8B	2.8B
Operating Income (EBIT)	(24.4M)	188.8M	227.2M	181.0M	19.1M
Non-Operating
Interest Income	63.8M	40.1M	43.2M	48.0M	9.2M
Interest Expense	3.0M	3.5M	4.9M	6.1M	12.0M
Net Interest Income	60.8M	36.6M	38.4M	41.9M	(2.8M)
Other Non-Op Income/Expense	55.7M	33.0M	34.8M	23.9M	(2.1B)
Non-Operating Income (excl Interest)	10.3M	11.6M	116.0K	(30.0M)	(124.2M)
EBT (Pre-Tax Income)	31.3M	221.8M	262.0M	205.0M	(2.0B)
Income Tax Expense	52.3M	23.7M	22.5M	16.4M	43.2M
Bottom Line
Net Income	(21.1M)	198.1M	239.6M	188.6M	(2.1B)
Earnings from Cont. Ops	(21.1M)	198.1M	239.6M	188.6M	(2.1B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(21.1M)	198.1M	239.6M	188.6M	(2.1B)
Per Share
Basic EPS	(HK$0.02)	HK$0.09	HK$0.11	HK$0.08	(HK$1.00)
Diluted EPS	(HK$0.02)	HK$0.09	HK$0.11	HK$0.08	(HK$1.00)
Revenue Per Share	HK$2.37	HK$1.23	HK$1.28	HK$1.36	HK$1.34
Shares
Basic Shares Outstanding	2.1B	2.2B	2.2B	2.2B	2.1B
Diluted Shares Outstanding	2.1B	2.2B	2.2B	2.2B	2.1B
Profitability Metrics
EBITDA	32.9M	194.4M	266.7M	311.5M	(1.9B)
D&A	67.7M	17.2M	39.6M	100.5M	160.2M
EBIT	(34.7M)	177.2M	227.1M	211.0M	(2.0B)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026