SHA:688802 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	1,756	741.91	51.41	0.43
Other Revenue	0	1.16	1.61	-
Revenue	1,756	743.07	53.02	0.43
Revenue Growth (YoY)	-	1301.46%	12334.60%	-
Cost of Revenue	892.63	437.69	19.68	0.32
Gross Profit	863.22	305.38	33.34	0.1
Selling, General & Admin	820.02	703.01	189.75	141.69
Research & Development	982.73	900.89	698.62	647.52
Other Operating Expenses	5.09	1.03	1.05	0.02
Operating Expenses	1,835	1,611	889.8	789.23
Operating Income	-971.54	-1,306	-856.46	-789.13
Interest Expense	-11.8	-11.83	-3.15	-1.67
Interest & Investment Income	62.21	21.15	14.24	13.62
Currency Exchange Gain (Loss)	-2.21	-18.68	0.75	0.09
Other Non Operating Income (Expenses)	-51.57	-51.89	-6.12	-2.17
EBT Excluding Unusual Items	-974.91	-1,367	-850.73	-779.26
Gain (Loss) on Sale of Investments	2.27	0.19	0.06	0.43
Gain (Loss) on Sale of Assets	-1.17	-17.37	1.43	-0.03
Asset Writedown	-38.05	-38.05	-33.29	-
Other Unusual Items	46.39	16.81	11.43	1.71
Pretax Income	-965.47	-1,405	-871.1	-777.16
Income Tax Expense	7.33	3.54	0.06	-0.19
Net Income	-972.8	-1,409	-871.16	-776.97
Net Income to Common	-972.8	-1,409	-871.16	-776.97
Shares Outstanding (Basic)	400	201	-	-
Shares Outstanding (Diluted)	400	201	-	-
EPS (Basic)	-2.43	-7.01	-	-
EPS (Diluted)	-2.43	-7.01	-	-
Free Cash Flow	-1,665	-2,542	-1,184	-896.82
Free Cash Flow Per Share	-4.16	-12.65	-	-
Gross Margin	49.16%	41.10%	62.88%	24.10%
Operating Margin	-55.33%	-175.71%	-1615.31%	-185067.50%
Profit Margin	-55.40%	-189.60%	-1643.04%	-182215.10%
Free Cash Flow Margin	-94.82%	-342.05%	-2233.77%	-210324.60%
EBITDA	-866.38	-1,151	-734.93	-702.52
EBITDA Margin	-49.34%	-154.96%	-	-
D&A For EBITDA	105.15	154.21	121.53	86.61
EBIT	-971.54	-1,306	-856.46	-789.13
EBIT Margin	-55.33%	-175.71%	-	-
Revenue as Reported	1,756	743.07	53.02	0.43
Advertising Expenses	-	6.68	8.78	10.71

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