HKG:6871 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	387.36	268.01	201.17
Revenue Growth (YoY)	44.53%	33.23%	-
Cost of Revenue	317.41	209.58	222.26
Gross Profit	69.95	58.43	-21.09
Selling, General & Admin	145.71	91.96	57.01
Research & Development	70.79	38.66	33.14
Operating Expenses	222.15	134.25	90.91
Operating Income	-152.2	-75.82	-112
Interest Expense	-5.64	-4.13	-1.5
Interest & Investment Income	0.09	0.15	2.76
Earnings From Equity Investments	-0.85	-0.32	-0.79
Currency Exchange Gain (Loss)	-0.06	0.03	-0.64
Other Non Operating Income (Expenses)	5.82	8.58	3.37
EBT Excluding Unusual Items	-152.84	-71.51	-108.8
Gain (Loss) on Sale of Investments	-	-	-1.83
Gain (Loss) on Sale of Assets	-0.04	0.02	-0.55
Other Unusual Items	-0.06	-	0.58
Pretax Income	-152.94	-71.5	-110.6
Income Tax Expense	-	-	0
Net Income	-152.94	-71.5	-110.61
Net Income to Common	-152.94	-71.5	-110.61
Shares Outstanding (Basic)	214	200	200
Shares Outstanding (Diluted)	214	200	200
Shares Change (YoY)	7.22%	-	-
EPS (Basic)	-0.71	-0.36	-0.55
EPS (Diluted)	-0.71	-0.36	-0.55
Free Cash Flow	-215.33	-75.91	-92.24
Free Cash Flow Per Share	-1.00	-0.38	-0.46
Gross Margin	18.06%	21.80%	-10.48%
Operating Margin	-39.29%	-28.29%	-55.67%
Profit Margin	-39.48%	-26.68%	-54.98%
Free Cash Flow Margin	-55.59%	-28.32%	-45.85%
EBITDA	-144.67	-68.33	-105.77
EBITDA Margin	-37.35%	-25.49%	-52.58%
D&A For EBITDA	7.53	7.49	6.23
EBIT	-152.2	-75.82	-112
EBIT Margin	-39.29%	-28.29%	-55.67%

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