HKG:2315 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	1,379	980.45	716.91	533.88	354.56
Revenue Growth (YoY)	40.63%	36.76%	34.28%	50.58%	39.84%
Cost of Revenue	-	204.74	206	138.21	97.3
Gross Profit	1,379	775.71	510.91	395.67	257.25
Selling, General & Admin	-	311.35	349.09	313.66	230.15
Research & Development	438.05	323.93	474.37	699.17	558.49
Other Operating Expenses	752.17	-9.72	-21.04	-12.56	-12.32
Operating Expenses	1,190	625.56	802.41	1,000	776.32
Operating Income	188.58	150.16	-291.5	-604.6	-519.07
Interest Expense	-	-91.68	-99.84	-56.14	-39.43
Interest & Investment Income	-	5.9	10.16	2.17	12.51
Earnings From Equity Investments	-	-29.75	-10.03	-14.77	-0.4
Currency Exchange Gain (Loss)	-	8.67	9.08	27.37	-1.78
Other Non Operating Income (Expenses)	-0.55	-	-	-	-
EBT Excluding Unusual Items	188.03	43.29	-382.14	-645.97	-548.16
Gain (Loss) on Sale of Investments	-	-0.36	0.15	19.27	2.13
Gain (Loss) on Sale of Assets	-	0.01	1.83	25.35	0.39
Pretax Income	188.03	42.94	-380.16	-601.35	-545.64
Income Tax Expense	14.83	9.4	2.8	0.8	-
Earnings From Continuing Operations	173.2	33.54	-382.95	-602.16	-545.64
Minority Interest in Earnings	-	0.01	0	0.21	0.07
Net Income	173.2	33.54	-382.95	-601.95	-545.58
Net Income to Common	173.2	33.54	-382.95	-601.95	-545.58
Net Income Growth	416.37%	-	-	-	-
Shares Outstanding (Basic)	403	398	398	381	362
Shares Outstanding (Diluted)	403	398	398	381	362
Shares Change (YoY)	1.20%	-0.08%	4.54%	5.13%	180.82%
EPS (Basic)	0.43	0.08	-0.96	-1.58	-1.51
EPS (Diluted)	0.43	0.08	-0.96	-1.58	-1.51
EPS Growth	410.24%	-	-	-	-
Free Cash Flow	-	174.12	-203.26	-543.54	-564.45
Free Cash Flow Per Share	-	0.44	-0.51	-1.43	-1.56
Gross Margin	100.00%	79.12%	71.27%	74.11%	72.56%
Operating Margin	13.68%	15.32%	-40.66%	-113.25%	-146.40%
Profit Margin	12.56%	3.42%	-53.42%	-112.75%	-153.88%
Free Cash Flow Margin	-	17.76%	-28.35%	-101.81%	-159.20%
EBITDA	327.47	289.05	-154.78	-465.86	-415.47
EBITDA Margin	23.75%	29.48%	-21.59%	-87.26%	-117.18%
D&A For EBITDA	138.89	138.89	136.73	138.74	103.6
EBIT	188.58	150.16	-291.5	-604.6	-519.07
EBIT Margin	13.68%	15.32%	-40.66%	-113.25%	-146.40%
Effective Tax Rate	7.89%	21.90%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.