SHA:688062 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
Operating Revenue	658.69	199.62	127.68	27.6	15.88
Other Revenue	3.82	0.16	0.15	0.13	0.35
Revenue	662.52	199.78	127.84	27.73	16.23
Revenue Growth (YoY)	231.62%	56.28%	361.03%	70.88%	206.03%
Cost of Revenue	75.73	34.48	7.3	2.01	5.22
Gross Profit	586.79	165.3	120.53	25.72	11
Selling, General & Admin	493.83	405.2	368.36	267.62	189.16
Research & Development	976.96	782.87	835.78	758.61	622.51
Other Operating Expenses	6.81	4.42	3.8	1.88	0.8
Operating Expenses	1,479	1,193	1,208	1,028	812.44
Operating Income	-891.85	-1,027	-1,087	-1,002	-801.44
Interest Expense	-90.85	-57.78	-13.35	-10.3	-6.41
Interest & Investment Income	7.61	20.92	46.88	45.75	7.38
Currency Exchange Gain (Loss)	-3.55	0.28	-0.01	0.16	-0.24
Other Non Operating Income (Expenses)	3.29	-6.22	-1.74	-1.82	2.63
EBT Excluding Unusual Items	-975.36	-1,070	-1,056	-968.59	-798.07
Gain (Loss) on Sale of Investments	-8.48	-3.73	-4.69	1.08	-0.23
Gain (Loss) on Sale of Assets	0.1	-0.11	-0.01	0.33	2.06
Asset Writedown	-	-	-3.56	-	-
Other Unusual Items	27.34	26.38	8.61	9.06	23.54
Pretax Income	-956.39	-1,047	-1,055	-958.13	-772.7
Income Tax Expense	15.86	-0.91	3.52	-	-
Earnings From Continuing Operations	-972.26	-1,047	-1,059	-958.13	-772.7
Minority Interest in Earnings	2.92	2.65	5.38	2.89	3.11
Net Income	-969.33	-1,044	-1,053	-955.23	-769.59
Net Income to Common	-969.33	-1,044	-1,053	-955.23	-769.59
Shares Outstanding (Basic)	399	400	399	391	299
Shares Outstanding (Diluted)	399	400	399	391	299
Shares Change (YoY)	-0.27%	0.24%	1.93%	30.74%	5.32%
EPS (Basic)	-2.43	-2.61	-2.64	-2.44	-2.57
EPS (Diluted)	-2.43	-2.61	-2.64	-2.44	-2.57
Free Cash Flow	-447.93	-1,287	-1,283	-1,264	-639.91
Free Cash Flow Per Share	-1.12	-3.22	-3.21	-3.23	-2.14
Gross Margin	88.57%	82.74%	94.29%	92.75%	67.81%
Operating Margin	-134.62%	-514.17%	-850.65%	-3615.06%	-4939.16%
Profit Margin	-146.31%	-522.53%	-824.05%	-3445.00%	-4742.85%
Free Cash Flow Margin	-67.61%	-643.96%	-1003.35%	-4559.01%	-3943.69%
EBITDA	-710.88	-914.86	-1,013	-937.96	-739.4
EBITDA Margin	-107.30%	-	-	-	-
D&A For EBITDA	180.97	112.36	74.43	64.43	62.04
EBIT	-891.85	-1,027	-1,087	-1,002	-801.44
EBIT Margin	-134.62%	-	-	-	-
Revenue as Reported	662.52	199.78	127.84	27.73	16.23

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.