HKG:2252 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	551.07	257.25	104.59	21.6	2.15
Revenue Growth (YoY)	114.22%	145.95%	384.15%	904.79%	-
Cost of Revenue	284.45	171.03	89.9	15.04	1.23
Gross Profit	266.62	86.22	14.69	6.56	0.92
Selling, General & Admin	249.25	263.22	364.79	354.51	186.67
Research & Development	215.98	308.73	569.18	755.8	392.65
Other Operating Expenses	-27.61	-3.27	-18.04	-6.78	-8.74
Operating Expenses	437.62	568.67	915.93	1,104	570.57
Operating Income	-171	-482.45	-901.23	-1,097	-569.65
Interest Expense	-19.67	-21.51	-18.41	-11.13	-5.29
Interest & Investment Income	6.83	2.2	8.87	26.65	22.07
Earnings From Equity Investments	-1.04	-20.24	-29.8	-39.66	-27.38
Currency Exchange Gain (Loss)	-11.83	-0.53	0.2	2.04	-9.11
Other Non Operating Income (Expenses)	-17.75	0.01	-42.71	-27.22	45.38
EBT Excluding Unusual Items	-214.45	-522.54	-983.08	-1,146	-543.98
Impairment of Goodwill	-1.48	-	-	-	-
Gain (Loss) on Sale of Investments	2	-116.47	-	-	-
Gain (Loss) on Sale of Assets	-10.46	-	-	-	-
Asset Writedown	-29.83	-	-	-	-
Other Unusual Items	0.12	-8.1	-40.45	-	-40.53
Pretax Income	-254.12	-647.1	-1,024	-1,146	-584.51
Earnings From Continuing Operations	-254.12	-647.1	-1,024	-1,146	-584.51
Minority Interest in Earnings	4.46	4.7	11.36	6.48	1.59
Net Income	-249.66	-642.41	-1,012	-1,140	-582.92
Net Income to Common	-249.66	-642.41	-1,012	-1,140	-582.92
Shares Outstanding (Basic)	1,031	967	959	959	920
Shares Outstanding (Diluted)	1,031	967	959	959	920
Shares Change (YoY)	6.66%	0.87%	-	4.21%	21.73%
EPS (Basic)	-0.24	-0.66	-1.06	-1.19	-0.63
EPS (Diluted)	-0.24	-0.66	-1.06	-1.19	-0.63
Free Cash Flow	-	-339.91	-632.83	-1,087	-671.48
Free Cash Flow Per Share	-	-0.35	-0.66	-1.13	-0.73
Gross Margin	48.38%	33.52%	14.05%	30.38%	42.74%
Operating Margin	-31.03%	-187.54%	-861.66%	-5077.86%	-26495.40%
Profit Margin	-45.30%	-249.72%	-967.74%	-5276.15%	-27112.61%
Free Cash Flow Margin	-	-132.13%	-605.04%	-5030.53%	-31231.72%
EBITDA	-96.84	-408.3	-840.2	-1,054	-562.5
EBITDA Margin	-17.57%	-158.72%	-	-	-
D&A For EBITDA	74.15	74.15	61.04	42.48	7.15
EBIT	-171	-482.45	-901.23	-1,097	-569.65
EBIT Margin	-31.03%	-187.54%	-	-	-

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