HKG:6922 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	95.27	53.53	40.95	27.15	22.43
Revenue Growth (YoY)	77.97%	30.72%	50.83%	21.06%	147.69%
Cost of Revenue	31.28	15.12	9.9	7.79	6.88
Gross Profit	63.98	38.41	31.05	19.36	15.55
Selling, General & Admin	76.98	95.28	74.7	88.33	55.56
Research & Development	30.44	73.46	76.13	59.93	38.85
Operating Expenses	107.41	168.74	150.82	148.26	94.41
Operating Income	-43.43	-130.33	-119.77	-128.9	-78.87
Interest Expense	-1.95	-1.09	-0.65	-0.59	-0.38
Interest & Investment Income	-	0.23	1.22	1.19	2.98
Currency Exchange Gain (Loss)	-	1.16	1.7	2.62	-
Other Non Operating Income (Expenses)	0.93	18.89	11.75	7.36	0.74
EBT Excluding Unusual Items	-44.46	-111.14	-105.75	-118.32	-75.52
Other Unusual Items	-	-	-	-	-50.97
Pretax Income	-44.46	-111.14	-105.75	-118.32	-126.5
Income Tax Expense	-	0.13	-	-	-
Earnings From Continuing Operations	-44.46	-111.28	-105.75	-118.32	-126.5
Minority Interest in Earnings	6.29	6.91	8.26	6.09	24.62
Net Income	-38.17	-104.37	-97.49	-112.22	-101.87
Net Income to Common	-38.17	-104.37	-97.49	-112.22	-101.87
Shares Outstanding (Basic)	239	239	239	228	228
Shares Outstanding (Diluted)	239	239	239	228	228
Shares Change (YoY)	-0.23%	-	4.86%	0.01%	-
EPS (Basic)	-0.16	-0.44	-0.41	-0.49	-0.45
EPS (Diluted)	-0.16	-0.44	-0.41	-0.49	-0.45
Free Cash Flow	-	-84.79	-111	-103.95	-74.93
Free Cash Flow Per Share	-	-0.35	-0.46	-0.46	-0.33
Gross Margin	67.16%	71.75%	75.83%	71.32%	69.32%
Operating Margin	-45.59%	-243.46%	-292.48%	-474.77%	-351.68%
Profit Margin	-40.06%	-194.96%	-238.06%	-413.36%	-454.26%
Free Cash Flow Margin	-	-158.39%	-271.05%	-382.87%	-334.11%
EBITDA	-37.17	-124.06	-114.35	-124.34	-76.14
EBITDA Margin	-39.01%	-231.76%	-279.25%	-	-
D&A For EBITDA	6.26	6.26	5.42	4.55	2.73
EBIT	-43.43	-130.33	-119.77	-128.9	-78.87
EBIT Margin	-45.59%	-243.46%	-292.48%	-	-

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