HKG:2672 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	1,449	1,227	914.18	659.9
Revenue Growth	-	34.23%	38.53%	-
Cost of Revenue	1,333	1,124	830.96	607.85
Gross Profit	116.6	102.8	83.22	52.05
Selling, General & Admin	111.73	107.93	74.2	59.5
Research & Development	39.51	35.1	32.43	15.66
Other Operating Expenses	-3.59	-4.48	-2.46	-8.23
Operating Expenses	147.7	140.55	103.78	68.68
Operating Income	-31.11	-37.75	-20.56	-16.63
Interest Expense	-7.64	-11.52	-8.46	-6.9
Interest & Investment Income	2.32	2.21	1.51	1.1
EBT Excluding Unusual Items	-36.42	-47.07	-27.51	-22.43
Other Unusual Items	-0.03	0.33	0.13	5.13
Pretax Income	-36.46	-46.74	-27.38	-17.3
Income Tax Expense	0.83	-0.07	0.34	-0.12
Net Income	-37.29	-46.67	-27.71	-17.18
Net Income to Common	-37.29	-46.67	-27.71	-17.18
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	72	72	71	69
Shares Outstanding (Diluted)	72	72	71	69
Shares Change	-	1.53%	2.15%	-
EPS (Basic)	-0.52	-0.65	-0.39	-0.25
EPS (Diluted)	-0.52	-0.65	-0.39	-0.25
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	-39.93	18.82	-8.15	4.45
Free Cash Flow Per Share	-0.55	0.26	-0.12	0.06
Gross Margin	8.04%	8.38%	9.10%	7.89%
Operating Margin	-2.15%	-3.08%	-2.25%	-2.52%
Profit Margin	-2.57%	-3.80%	-3.03%	-2.60%
Free Cash Flow Margin	-2.76%	1.53%	-0.89%	0.68%
EBITDA	-29.95	-36.74	-19.91	-16.1
EBITDA Margin	-2.07%	-2.99%	-2.18%	-2.44%
D&A For EBITDA	1.15	1.01	0.65	0.53
EBIT	-31.11	-37.75	-20.56	-16.63
EBIT Margin	-2.15%	-3.08%	-2.25%	-2.52%