HKG:1541 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	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	112.1	74.15	0.39	0.54	5.07
Other Revenue	10.73	5.39	7.31	5.15	8.74
Revenue	122.83	79.54	7.7	5.69	13.81
Revenue Growth (YoY)	1584.92%	933.61%	35.24%	-58.79%	-
Gross Profit	122.83	79.54	7.7	5.69	13.81
Selling, General & Admin	62.01	64.82	80.42	92.8	48.32
Research & Development	371.67	322.76	291.94	277.35	175.95
Operating Expenses	433.68	387.58	372.37	370.14	224.27
Operating Income	-310.85	-308.04	-364.67	-364.45	-210.47
Interest Expense	-4.47	-3.45	-1.52	-0.79	-0.89
Interest & Investment Income	6.45	6.38	10.8	9.51	1.64
Currency Exchange Gain (Loss)	-1.94	1.79	0.1	26.11	-9.13
Other Non Operating Income (Expenses)	-0.02	-0.02	-25.92	-73.27	-514.83
EBT Excluding Unusual Items	-310.83	-303.34	-381.22	-402.89	-733.67
Gain (Loss) on Sale of Investments	7.27	14.15	1.76	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.56
Asset Writedown	-	-27.4	-	-	-
Other Unusual Items	-	-	-	-	0.17
Pretax Income	-303.56	-316.59	-379.46	-402.89	-732.95
Earnings From Continuing Operations	-303.56	-316.59	-379.46	-402.89	-732.95
Minority Interest in Earnings	0.87	0.74	-	-	-
Net Income	-302.68	-315.86	-379.46	-402.89	-732.95
Net Income to Common	-302.68	-315.86	-379.46	-402.89	-732.95
Shares Outstanding (Basic)	394	377	362	332	86
Shares Outstanding (Diluted)	394	377	362	332	86
Shares Change (YoY)	6.17%	4.24%	9.05%	284.99%	-
EPS (Basic)	-0.77	-0.84	-1.05	-1.21	-8.50
EPS (Diluted)	-0.77	-0.84	-1.05	-1.21	-8.50
Free Cash Flow	-	-138.44	-370.25	-261.93	-231.24
Free Cash Flow Per Share	-	-0.37	-1.02	-0.79	-2.68
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-253.07%	-387.30%	-4739.09%	-6405.13%	-1524.23%
Profit Margin	-246.42%	-397.12%	-4931.24%	-7080.74%	-5308.15%
Free Cash Flow Margin	-	-174.06%	-4811.50%	-4603.41%	-1674.69%
EBITDA	-301.21	-297.77	-352.26	-352.54	-202.69
D&A For EBITDA	9.64	10.28	12.41	11.91	7.77
EBIT	-310.85	-308.04	-364.67	-364.45	-210.47

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