HKG:9637 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	122.6	30.56	6.53
Revenue Growth	-	368.29%	-
Cost of Revenue	23.33	17.11	4.14
Gross Profit	99.27	13.45	2.39
Selling, General & Admin	318.4	287.63	77.28
Research & Development	403.92	372.57	235.37
Operating Expenses	722.32	660.21	312.65
Operating Income	-623.05	-646.76	-310.27
Interest Expense	-49.81	-110.55	-29.38
Interest & Investment Income	3.41	1.43	0.57
Earnings From Equity Investments	-37.39	-2.82	0
Currency Exchange Gain (Loss)	-4.83	-0.13	0.05
Other Non Operating Income (Expenses)	5.95	5.15	3.89
EBT Excluding Unusual Items	-705.71	-753.67	-335.13
Gain (Loss) on Sale of Investments	1.1	1.95	-
Gain (Loss) on Sale of Assets	-0.1	-0.1	-0
Pretax Income	-704.71	-751.82	-335.13
Earnings From Continuing Operations	-704.71	-751.82	-335.13
Minority Interest in Earnings	0.9	1.78	9.1
Net Income	-703.81	-750.04	-326.03
Net Income to Common	-703.81	-750.04	-326.03
Net Income Growth	-	-	-
Shares Outstanding (Basic)	272	244	272
Shares Outstanding (Diluted)	272	244	272
Shares Change	-	-10.08%	-
EPS (Basic)	-2.58	-3.07	-1.20
EPS (Diluted)	-2.58	-3.07	-1.20
EPS Growth	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	-	-389.51	-480.52
Free Cash Flow Per Share	-	-1.59	-1.77
Gross Margin	80.97%	44.00%	36.55%
Operating Margin	-508.18%	-2116.64%	-4755.03%
Profit Margin	-574.05%	-2454.63%	-4996.57%
Free Cash Flow Margin	-	-1274.74%	-7364.34%
EBITDA	-567.15	-607.19	-303.36
D&A For EBITDA	55.9	39.57	6.91
EBIT	-623.05	-646.76	-310.27