Beijing Haizhi Technology Group Co., Ltd. (HKG:2706)

HKG:2706 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	621.08	503.13	375.57	312.99
Revenue Growth (YoY)	23.44%	33.96%	19.99%	-
Cost of Revenue	352.09	320.74	243.31	216.13
Gross Profit	268.99	182.39	132.26	96.86
Selling, General & Admin	210.72	120.97	152.91	185.91
Research & Development	99.86	60.68	72.71	86.94
Other Operating Expenses	15.7	-6.44	-0.42	-0.55
Operating Expenses	326.28	178.43	234.68	274.79
Operating Income	-57.28	3.96	-102.42	-177.92
Interest Expense	-0.62	-0.41	-0.62	-0.07
Interest & Investment Income	-	0.38	0.16	0.37
Currency Exchange Gain (Loss)	-	-0.83	0.64	-0.6
Other Non Operating Income (Expenses)	-3.89	-21.61	-19.82	-0.41
EBT Excluding Unusual Items	-61.79	-18.5	-122.06	-178.63
Gain (Loss) on Sale of Investments	-	-	-	0.43
Other Unusual Items	-141.28	-76.09	-149.66	-
Pretax Income	-203.07	-94.59	-271.72	-178.21
Income Tax Expense	2.26	-0.86	-6.07	-2.43
Net Income	-205.32	-93.73	-265.65	-175.78
Net Income to Common	-205.32	-93.73	-265.65	-175.78
Shares Outstanding (Basic)	354	372	-	-
Shares Outstanding (Diluted)	354	372	-	-
Shares Change (YoY)	-4.94%	-	-	-
EPS (Basic)	-0.58	-0.25	-	-
EPS (Diluted)	-0.58	-0.25	-	-
Free Cash Flow	-	-40.06	-140.62	-163.79
Free Cash Flow Per Share	-	-0.11	-	-
Gross Margin	43.31%	36.25%	35.22%	30.95%
Operating Margin	-9.22%	0.79%	-27.27%	-56.85%
Profit Margin	-33.06%	-18.63%	-70.73%	-56.16%
Free Cash Flow Margin	-	-7.96%	-37.44%	-52.33%
EBITDA	-56.3	5.29	-101.03	-176.75
EBITDA Margin	-9.06%	1.05%	-26.90%	-56.47%
D&A For EBITDA	0.98	1.33	1.39	1.17
EBIT	-57.28	3.96	-102.42	-177.92
EBIT Margin	-9.22%	0.79%	-27.27%	-56.85%

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