Shanghai Biren Technology 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,035	336.8	62.03	0.5
Revenue Growth (YoY)	207.19%	442.97%	12330.86%	-
Cost of Revenue	477.61	157.61	14.63	-
Gross Profit	557	179.2	47.4	0.5
Selling, General & Admin	389	295.68	274.01	257.78
Research & Development	1,476	826.96	885.65	1,018
Other Operating Expenses	-275.08	2.52	1.24	1.19
Operating Expenses	1,590	1,125	1,162	1,277
Operating Income	-1,033	-945.71	-1,115	-1,276
Interest Expense	-14.13	-38.83	-12.17	-4.1
Interest & Investment Income	33.48	46.4	45.04	28.87
Earnings From Equity Investments	0	-	-	-
Currency Exchange Gain (Loss)	-17.17	-4.85	-3.66	16.86
Other Non Operating Income (Expenses)	-15,471	-674.39	-603.55	-348.23
EBT Excluding Unusual Items	-16,501	-1,617	-1,689	-1,583
Gain (Loss) on Sale of Investments	15.55	19.24	25.4	51.03
Gain (Loss) on Sale of Assets	-7.18	0.45	-2.93	0.03
Asset Writedown	-	-	-148.99	-
Other Unusual Items	-	59.51	71.39	57.68
Pretax Income	-16,493	-1,538	-1,744	-1,474
Income Tax Expense	-	-0.09	-0.1	0.13
Net Income	-16,493	-1,538	-1,744	-1,474
Net Income to Common	-16,493	-1,538	-1,744	-1,474
Shares Outstanding (Basic)	1,892	1,646	1,644	1,630
Shares Outstanding (Diluted)	1,892	1,646	1,644	1,630
Shares Change (YoY)	14.97%	0.12%	0.86%	-
EPS (Basic)	-8.72	-0.93	-1.06	-0.90
EPS (Diluted)	-8.72	-0.93	-1.06	-0.90
Free Cash Flow	-	-1,110	-986.05	-1,377
Free Cash Flow Per Share	-	-0.67	-0.60	-0.84
Gross Margin	53.84%	53.21%	76.42%	100.00%
Operating Margin	-99.85%	-280.79%	-1796.85%	-255777.96%
Profit Margin	-1594.12%	-456.68%	-2811.47%	-295453.31%
Free Cash Flow Margin	-	-329.48%	-1589.63%	-276020.84%
EBITDA	-944.6	-857.25	-992.58	-1,170
EBITDA Margin	-91.30%	-254.53%	-	-
D&A For EBITDA	88.46	88.46	122	106.65
EBIT	-1,033	-945.71	-1,115	-1,276
EBIT Margin	-99.85%	-280.79%	-	-

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