SHA:688443 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	230.72	30.07	1.07	0.48	-
Other Revenue	-	0.03	0.15	-	39.19
Revenue	230.72	30.09	1.21	0.48	39.19
Revenue Growth (YoY)	666.65%	2384.11%	154.92%	-98.79%	3502.99%
Cost of Revenue	-	5.92	-0.24	1.77	19.67
Gross Profit	230.72	24.17	1.45	-1.3	19.52
Selling, General & Admin	-	252.49	173.79	153.62	24.22
Research & Development	-	609.79	620.4	454.49	295.32
Other Operating Expenses	760.02	3.27	2.56	1.3	1.84
Operating Expenses	760.02	866.19	796.74	609.42	321.34
Operating Income	-529.3	-842.02	-795.29	-610.72	-301.82
Interest Expense	-	-28.9	-34.99	-32.75	-32.42
Interest & Investment Income	-	66.75	17.46	0.88	0.43
Currency Exchange Gain (Loss)	-	-	-0.1	-0.8	0.24
Other Non Operating Income (Expenses)	-6.92	-0.02	-0.02	-0.01	-0.02
EBT Excluding Unusual Items	-536.22	-804.18	-812.94	-643.39	-333.59
Gain (Loss) on Sale of Investments	-	2.58	1.94	7.14	4.11
Gain (Loss) on Sale of Assets	-	-0.54	-0	-0	-
Asset Writedown	-	-	-	-	-0.43
Other Unusual Items	-	4.86	9.68	59.89	7.78
Pretax Income	-536.22	-797.27	-801.32	-576.37	-322.13
Net Income	-536.22	-797.27	-801.32	-576.37	-322.13
Net Income to Common	-536.22	-797.27	-801.32	-576.37	-322.13
Shares Outstanding (Basic)	365	367	321	274	275
Shares Outstanding (Diluted)	365	367	321	274	275
Shares Change (YoY)	-0.72%	14.63%	16.79%	-0.32%	-
EPS (Basic)	-1.47	-2.17	-2.50	-2.10	-1.17
EPS (Diluted)	-1.47	-2.17	-2.50	-2.10	-1.17
Free Cash Flow	-	-620.75	-468.56	-323.85	-350.52
Free Cash Flow Per Share	-	-1.69	-1.46	-1.18	-1.27
Gross Margin	100.00%	80.32%	119.44%	-273.11%	49.80%
Operating Margin	-229.41%	-2797.87%	-65645.33%	-128506.77%	-770.14%
Profit Margin	-232.41%	-2649.19%	-66142.68%	-121278.86%	-821.97%
Free Cash Flow Margin	-	-2062.65%	-38675.98%	-68143.75%	-894.41%
EBITDA	-474.18	-786.89	-746.46	-570.86	-270.57
EBITDA Margin	-205.52%	-	-	-	-
D&A For EBITDA	55.12	55.12	48.84	39.86	31.26
EBIT	-529.3	-842.02	-795.29	-610.72	-301.82
EBIT Margin	-229.41%	-	-	-	-
Revenue as Reported	-	30.09	1.21	0.48	39.19
Advertising Expenses	-	2.34	0.35	-	-

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