HKG:2533 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	822.33	474.25	312.39	165.44	60.5
Revenue Growth (YoY)	73.39%	51.81%	88.82%	173.44%	-
Cost of Revenue	485.24	279.54	235.25	116.81	38.63
Gross Profit	337.09	194.71	77.14	48.63	21.87
Selling, General & Admin	386.22	489.62	420.82	334.97	162.55
Research & Development	1,417	1,435	1,363	764.08	595.38
Other Operating Expenses	-28.13	-9.62	-21.7	-15.04	-9.65
Operating Expenses	1,785	1,944	1,771	1,092	750.12
Operating Income	-1,448	-1,750	-1,694	-1,044	-728.25
Interest Expense	-33.6	-15.55	-2.13	-2.67	-2.39
Interest & Investment Income	58.18	40.56	25.9	16.14	0.38
Earnings From Equity Investments	-0.94	-2.33	-1.44	-0.99	-0.72
Currency Exchange Gain (Loss)	-	-6.46	-15.11	-18.62	-1.41
Other Non Operating Income (Expenses)	-	2,045	-3,181	-1,714	-1,631
EBT Excluding Unusual Items	-1,425	311.33	-4,867	-2,764	-2,364
Gain (Loss) on Sale of Investments	-	1.98	12.13	9.66	-
Other Unusual Items	-	-	-	-	7
Pretax Income	-1,425	313.32	-4,855	-2,754	-2,357
Income Tax Expense	0.02	-	-	-	-
Net Income	-1,425	313.32	-4,855	-2,754	-2,357
Net Income to Common	-1,425	313.32	-4,855	-2,754	-2,357
Shares Outstanding (Basic)	601	264	71	71	73
Shares Outstanding (Diluted)	601	513	71	71	73
Shares Change (YoY)	17.29%	622.02%	-	-3.39%	-
EPS (Basic)	-2.37	1.19	-68.38	-38.79	-32.07
EPS (Diluted)	-2.40	-3.38	-68.40	-38.80	-32.10
Free Cash Flow	-1,035	-1,224	-1,139	-804.73	-664.85
Free Cash Flow Per Share	-1.72	-2.39	-16.05	-11.33	-9.05
Gross Margin	40.99%	41.06%	24.69%	29.39%	36.15%
Operating Margin	-176.12%	-368.90%	-542.24%	-630.95%	-1203.64%
Profit Margin	-173.25%	66.06%	-1554.18%	-1664.59%	-3894.79%
Free Cash Flow Margin	-125.89%	-258.02%	-364.69%	-486.41%	-1098.86%
EBITDA	-1,359	-1,697	-1,657	-1,026	-722.57
EBITDA Margin	-165.31%	-	-	-	-
D&A For EBITDA	88.89	52.69	36.85	17.48	5.68
EBIT	-1,448	-1,750	-1,694	-1,044	-728.25
EBIT Margin	-176.12%	-	-	-	-

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