HKG:2185 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	44.93	-	-	-	-
Cost of Revenue	26.92	-	-	-	-
Gross Profit	18.02	-	-	-	-
Selling, General & Admin	27.82	19.74	52.88	94.37	195.42
Research & Development	61.89	41.3	111.74	157.83	214.23
Operating Expenses	89.71	61.04	164.62	252.2	409.65
Operating Income	-71.69	-61.04	-164.62	-252.2	-409.65
Interest Expense	-8.74	-0.06	-0.58	-0.96	-0.69
Interest & Investment Income	-	1.11	4	4.01	0.97
Earnings From Equity Investments	-1.47	-0.99	-1.63	-1.43	-
Currency Exchange Gain (Loss)	-	0.92	1.73	18.68	-6.61
Other Non Operating Income (Expenses)	-14.1	0.39	0.91	1.04	6.15
EBT Excluding Unusual Items	-96	-59.68	-160.2	-230.87	-409.83
Gain (Loss) on Sale of Investments	-	-32.17	0.47	-	-
Gain (Loss) on Sale of Assets	-	-1.47	-30.51	-0	-
Other Unusual Items	-	-	1.42	-	-
Pretax Income	-96	-93.32	-188.82	-230.87	-409.83
Income Tax Expense	-27.57	-	-	-	-
Earnings From Continuing Operations	-68.43	-93.32	-188.82	-230.87	-409.83
Minority Interest in Earnings	-1.62	5.38	12.93	26.63	48.38
Net Income	-70.05	-87.94	-175.89	-204.24	-361.45
Net Income to Common	-70.05	-87.94	-175.89	-204.24	-361.45
Shares Outstanding (Basic)	242	243	243	244	221
Shares Outstanding (Diluted)	242	243	243	244	221
Shares Change (YoY)	-0.76%	-	-0.14%	10.50%	61.54%
EPS (Basic)	-0.29	-0.36	-0.72	-0.84	-1.64
EPS (Diluted)	-0.29	-0.36	-0.72	-0.84	-1.64
Free Cash Flow	-	-166.69	-66.74	-170.65	-122.75
Free Cash Flow Per Share	-	-0.69	-0.27	-0.70	-0.56
Gross Margin	40.10%	-	-	-	-
Operating Margin	-159.56%	-	-	-	-
Profit Margin	-155.91%	-	-	-	-
EBITDA	-64.9	-54.25	-148.21	-237.34	-400.88
EBITDA Margin	-144.45%	-	-	-	-
D&A For EBITDA	6.79	6.79	16.41	14.87	8.77
EBIT	-71.69	-61.04	-164.62	-252.2	-409.65
EBIT Margin	-159.56%	-	-	-	-

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