HKG:2171 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	125.66	39.43	-	-	25.81
Revenue Growth (YoY)	218.74%	-	-	-	-
Cost of Revenue	45.71	24.68	-	-	-
Gross Profit	79.95	14.75	-	-	25.81
Selling, General & Admin	71.81	162.84	133.31	136.61	126.52
Research & Development	243.38	463.74	660.04	679.49	501.03
Other Operating Expenses	-7.35	-49.17	-8.3	-10.45	-14.34
Operating Expenses	307.84	577.42	785.05	805.65	613.21
Operating Income	-227.9	-562.67	-785.05	-805.65	-587.4
Interest Expense	-6.9	-5.71	-4.66	-15.52	-10.87
Interest & Investment Income	14.81	41.92	72.79	27.57	9.61
Currency Exchange Gain (Loss)	121.5	-82.24	-30.47	-97.35	7.45
Other Non Operating Income (Expenses)	-	-	-	-	-4,156
EBT Excluding Unusual Items	-98.49	-608.71	-747.39	-890.95	-4,737
Gain (Loss) on Sale of Assets	-4.42	-	-	-	-
Asset Writedown	-	-189.08	-	-	-
Pretax Income	-102.91	-797.79	-747.39	-890.95	-4,737
Income Tax Expense	-	0.35	0.41	1.3	7.65
Earnings From Continuing Operations	-102.91	-798.13	-747.79	-892.25	-4,744
Minority Interest in Earnings	5.05	-	-	-	-
Net Income	-97.86	-798.13	-747.79	-892.25	-4,744
Net Income to Common	-97.86	-798.13	-747.79	-892.25	-4,744
Shares Outstanding (Basic)	552	553	556	552	387
Shares Outstanding (Diluted)	552	553	556	552	387
Shares Change (YoY)	-0.15%	-0.58%	0.82%	42.60%	95.23%
EPS (Basic)	-0.18	-1.44	-1.34	-1.62	-12.26
EPS (Diluted)	-0.18	-1.44	-1.34	-1.62	-12.26
Free Cash Flow	-236.9	-427.69	-463.77	-778.45	-688.16
Free Cash Flow Per Share	-0.43	-0.77	-0.83	-1.41	-1.78
Gross Margin	63.62%	37.41%	-	-	100.00%
Operating Margin	-181.36%	-1427.19%	-	-	-2275.59%
Profit Margin	-77.88%	-2024.43%	-	-	-18379.97%
Free Cash Flow Margin	-188.52%	-1084.81%	-	-	-2665.95%
EBITDA	-162.76	-497.53	-717.64	-748.73	-552.49
EBITDA Margin	-129.52%	-	-	-	-
D&A For EBITDA	65.14	65.14	67.41	56.92	34.91
EBIT	-227.9	-562.67	-785.05	-805.65	-587.4
EBIT Margin	-181.36%	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.