CNY 27.54
−6.96%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.8B | 2.4B | 1.0B | 738.5M | 625.4M |
| Cost of Revenue | 256.2M | 191.1M | 138.4M | 128.4M | 143.4M |
| Gross Profit | 2.5B | 2.2B | 871.0M | 610.1M | 482.0M |
| Operating Expenses | |||||
| R&D Expense | 979.6M | 951.6M | 814.6M | 757.3M | 648.7M |
| SG&A Expense | 199.3M | — | — | — | — |
| General & Admin Expense | 139.2M | 179.2M | 168.5M | 184.1M | 175.0M |
| Selling & Marketing Expense | 454.7M | 580.0M | 420.0M | 366.9M | 438.6M |
| Other Expenses | 5.2M | — | — | — | — |
| Total Operating Expenses | 1.7B | 1.6B | 1.3B | 1.2B | 1.4B |
| Cost and Expenses | 2.0B | 1.8B | 1.5B | 1.4B | 1.6B |
| Operating Income (EBIT) | 864.6M | 655.5M | (451.0M) | (651.2M) | (893.2M) |
| Non-Operating | |||||
| Interest Income | 37.3M | — | — | — | — |
| Interest Expense | 15.1M | — | — | — | — |
| Net Interest Income | 22.2M | — | — | — | — |
| Other Non-Op Income/Expense | 67.9M | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 932.9M | 655.7M | (452.6M) | (644.2M) | (893.7M) |
| Income Tax Expense | 14.0M | 11.6M | 262.7K | 1.4M | — |
| Bottom Line | |||||
| Net Income | 918.3M | 642.5M | (440.6M) | (631.3M) | (886.6M) |
| Earnings from Cont. Ops | 918.9M | 644.2M | (452.9M) | (645.6M) | (893.7M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 918.3M | 642.5M | (440.6M) | (631.3M) | (886.6M) |
| Per Share | |||||
| Basic EPS | CN¥0.08 | CN¥0.38 | (CN¥0.26) | (CN¥0.37) | (CN¥0.60) |
| Diluted EPS | CN¥0.08 | CN¥0.38 | (CN¥0.26) | (CN¥0.37) | (CN¥0.60) |
| Revenue Per Share | CN¥1.57 | — | — | — | — |
| Shares | |||||
| Basic Shares Outstanding | 1.8B | — | — | — | — |
| Diluted Shares Outstanding | 1.8B | — | — | — | — |
| Profitability Metrics | |||||
| EBITDA | 102.7M | 744.0M | (372.5M) | (580.1M) | (844.9M) |
| D&A | 29.0M | 88.5M | 78.6M | 71.1M | 48.3M |
| EBIT | 73.8M | — | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026