HKG:2591 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	153.28	131.51	-	-
Revenue Growth	171.55%	-	-	-
Cost of Revenue	30.04	14.45	-	-
Gross Profit	123.24	117.06	-	-
Selling, General & Admin	267.71	254.05	86.85	255.74
Research & Development	191.99	205.78	102.51	492.11
Other Operating Expenses	24.34	4.11	0.06	0.06
Operating Expenses	484.03	463.93	189.42	747.91
Operating Income	-360.8	-346.87	-189.42	-747.91
Interest Expense	-3.86	-1.72	-0.87	-2.32
Interest & Investment Income	18.29	13.5	14.8	13.97
Currency Exchange Gain (Loss)	-6.45	-6.45	0.7	0.71
Other Non Operating Income (Expenses)	16.76	0.18	0.21	1.05
EBT Excluding Unusual Items	-336.05	-341.36	-174.58	-734.5
Gain (Loss) on Sale of Investments	1.7	-	0.19	1.13
Gain (Loss) on Sale of Assets	-	-	-4.45	-
Other Unusual Items	-	-	4.15	-
Pretax Income	-334.35	-341.36	-174.69	-733.38
Net Income	-334.35	-341.36	-174.69	-733.38
Net Income to Common	-334.35	-341.36	-174.69	-733.38
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	452	434	420	383
Shares Outstanding (Diluted)	452	434	420	383
Shares Change	7.64%	3.44%	9.63%	-
EPS (Basic)	-0.74	-0.79	-0.42	-1.92
EPS (Diluted)	-0.74	-0.79	-0.42	-1.92
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	-362.45	-315.51	-166.57	-176.64
Free Cash Flow Per Share	-0.80	-0.73	-0.40	-0.46
Gross Margin	80.40%	89.01%	-	-
Operating Margin	-235.38%	-263.76%	-	-
Profit Margin	-218.13%	-259.57%	-	-
Free Cash Flow Margin	-236.46%	-239.91%	-	-
EBITDA	-352.53	-339.71	-174.91	-733.76
EBITDA Margin	-229.99%	-258.32%	-	-
D&A For EBITDA	8.26	7.16	14.51	14.14
EBIT	-360.8	-346.87	-189.42	-747.91
EBIT Margin	-235.38%	-263.76%	-	-