SHA:688783 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,610	2,111	1,460	1,029	205.65
Other Revenue	10.58	10.58	13.45	25.97	1.85
Revenue	2,620	2,121	1,474	1,055	207.5
Revenue Growth (YoY)	1162.83%	43.95%	39.73%	408.29%	-
Cost of Revenue	2,736	2,251	1,783	1,195	510.75
Gross Profit	-115.52	-129.61	-308.75	-140.15	-303.25
Selling, General & Admin	276.99	274.5	277.1	212.12	128.9
Research & Development	288.13	258.82	171.42	145.99	102.52
Other Operating Expenses	-45.56	-40.5	-11.4	8.96	10.39
Operating Expenses	520.02	494.09	437.33	368.59	242.37
Operating Income	-635.54	-623.7	-746.08	-508.74	-545.62
Interest Expense	-199.56	-196.92	-117.55	-35.41	-0.01
Interest & Investment Income	46.12	53.57	173.82	32.58	29.05
Currency Exchange Gain (Loss)	18.67	18.67	0.74	-23.2	-4.6
Other Non Operating Income (Expenses)	-5.95	-0.66	-1.46	-2.86	-0.7
EBT Excluding Unusual Items	-776.26	-749.04	-690.53	-537.64	-521.88
Gain (Loss) on Sale of Assets	0.12	0.03	-0.13	-	-
Other Unusual Items	11.37	11.37	8.74	5.32	1.23
Pretax Income	-706.41	-737.64	-681.91	-532.32	-520.65
Income Tax Expense	0	-	1.46	0.56	-
Earnings From Continuing Operations	-706.41	-737.64	-683.37	-532.88	-520.65
Minority Interest in Earnings	-	-	105.4	121.06	173.3
Net Income	-706.41	-737.64	-577.97	-411.82	-347.35
Net Income to Common	-706.41	-737.64	-577.97	-411.82	-347.35
Shares Outstanding (Basic)	3,529	3,513	3,400	-	-
Shares Outstanding (Diluted)	3,529	3,513	3,400	-	-
Shares Change (YoY)	-	3.32%	-	-	-
EPS (Basic)	-0.20	-0.21	-0.17	-	-
EPS (Diluted)	-0.20	-0.21	-0.17	-	-
Free Cash Flow	-1,460	-1,276	-3,422	-3,493	-2,648
Free Cash Flow Per Share	-0.41	-0.36	-1.01	-	-
Gross Margin	-4.41%	-6.11%	-20.95%	-13.29%	-146.14%
Operating Margin	-24.25%	-29.40%	-50.62%	-48.24%	-262.95%
Profit Margin	-26.96%	-34.77%	-39.22%	-39.05%	-167.40%
Free Cash Flow Margin	-55.73%	-60.15%	-232.17%	-331.14%	-1276.25%
EBITDA	486.86	305.83	15.23	-45.75	-303.53
EBITDA Margin	18.58%	14.42%	1.03%	-4.34%	-146.28%
D&A For EBITDA	1,122	929.53	761.31	462.99	242.1
EBIT	-635.54	-623.7	-746.08	-508.74	-545.62
EBIT Margin	-24.25%	-29.40%	-50.62%	-48.24%	-262.95%

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