HKG:9637 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	30.56	6.53
Revenue Growth (YoY)	368.29%	-
Cost of Revenue	17.11	4.14
Gross Profit	13.45	2.39
Selling, General & Admin	287.63	77.28
Research & Development	372.57	235.37
Operating Expenses	660.21	312.65
Operating Income	-646.76	-310.27
Interest Expense	-110.55	-29.38
Interest & Investment Income	1.43	0.57
Earnings From Equity Investments	-2.82	0
Currency Exchange Gain (Loss)	-0.13	0.05
Other Non Operating Income (Expenses)	5.15	3.89
EBT Excluding Unusual Items	-753.67	-335.13
Gain (Loss) on Sale of Investments	1.95	-
Gain (Loss) on Sale of Assets	-0.1	-0
Pretax Income	-751.82	-335.13
Earnings From Continuing Operations	-751.82	-335.13
Minority Interest in Earnings	1.78	9.1
Net Income	-750.04	-326.03
Net Income to Common	-750.04	-326.03
Shares Outstanding (Basic)	244	272
Shares Outstanding (Diluted)	244	272
Shares Change (YoY)	-10.08%	-
EPS (Basic)	-3.07	-1.20
EPS (Diluted)	-3.07	-1.20
Free Cash Flow	-389.51	-480.52
Free Cash Flow Per Share	-1.59	-1.77
Gross Margin	44.00%	36.55%
Operating Margin	-2116.64%	-4755.03%
Profit Margin	-2454.63%	-4996.57%
Free Cash Flow Margin	-1274.74%	-7364.34%
EBITDA	-607.19	-303.36
D&A For EBITDA	39.57	6.91
EBIT	-646.76	-310.27