HKG:0600 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	487.71	472.89	230.13	50.23
Revenue Growth (YoY)	-	105.49%	358.15%	-
Cost of Revenue	384.87	373.49	170.88	37.24
Gross Profit	102.84	99.4	59.24	12.99
Selling, General & Admin	248.81	201.72	154.98	80.57
Research & Development	552.84	588.95	515.19	445.6
Other Operating Expenses	-26.84	-47.1	-8.22	-7.95
Operating Expenses	775.22	754.56	662.28	518.22
Operating Income	-672.38	-655.16	-603.04	-505.23
Interest Expense	-24.5	-26.13	-5.32	-1.71
Interest & Investment Income	3.03	3.22	4.72	3.08
Earnings From Equity Investments	-	-	-4.66	-
Currency Exchange Gain (Loss)	0.17	-1.39	3.93	0.1
Other Non Operating Income (Expenses)	-0.04	-0.04	-1	-
EBT Excluding Unusual Items	-693.72	-679.5	-605.37	-503.75
Merger & Restructuring Charges	-	-	-1.5	-
Gain (Loss) on Sale of Investments	2.14	0.42	21.45	23.56
Gain (Loss) on Sale of Assets	-0.09	-0.13	0.1	-
Other Unusual Items	-377.2	-225	-157.75	-131.38
Pretax Income	-1,069	-904.2	-743.07	-611.57
Earnings From Continuing Operations	-1,069	-904.2	-743.07	-611.57
Minority Interest in Earnings	36.99	43.28	-9.72	-
Net Income	-1,032	-860.92	-752.79	-611.57
Preferred Dividends & Other Adjustments	-808.72	-632.3	-550.84	-457.02
Net Income to Common	-223.16	-228.61	-201.95	-154.56
Shares Outstanding (Basic)	72	72	59	49
Shares Outstanding (Diluted)	72	72	59	49
Shares Change (YoY)	-	22.70%	19.60%	-
EPS (Basic)	-3.10	-3.18	-3.45	-3.15
EPS (Diluted)	-3.10	-3.18	-3.45	-3.15
Free Cash Flow	-863.16	-643.73	-567.94	-494.86
Free Cash Flow Per Share	-12.00	-8.95	-9.69	-10.10
Gross Margin	21.09%	21.02%	25.74%	25.87%
Operating Margin	-137.86%	-138.54%	-262.05%	-1005.82%
Profit Margin	-45.76%	-48.34%	-87.76%	-307.70%
Free Cash Flow Margin	-176.98%	-136.13%	-246.80%	-985.19%
EBITDA	-586.27	-533.46	-540.68	-464.41
EBITDA Margin	-120.21%	-112.81%	-234.95%	-
D&A For EBITDA	86.11	121.7	62.36	40.82
EBIT	-672.38	-655.16	-603.04	-505.23
EBIT Margin	-137.86%	-138.54%	-262.05%	-

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