HKG:2659 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	46.66	6.16	6.93
Revenue Growth (YoY)	-	-11.11%	-
Cost of Revenue	0.95	1.14	0.15
Gross Profit	45.71	5.02	6.78
Selling, General & Admin	111.97	115.54	47.58
Research & Development	245.48	250.73	132.55
Other Operating Expenses	-3.48	-1.77	-6.68
Operating Expenses	353.97	364.51	173.45
Operating Income	-308.26	-359.49	-166.66
Interest Expense	-5.22	-4.56	-3.66
Interest & Investment Income	6.44	4.65	7.9
Earnings From Equity Investments	-0.48	-0.61	-0.92
Currency Exchange Gain (Loss)	0.44	1.19	2.97
Other Non Operating Income (Expenses)	-18	-5.57	-
EBT Excluding Unusual Items	-325.08	-364.38	-160.37
Gain (Loss) on Sale of Assets	-0.08	-0.08	-0.03
Pretax Income	-380.24	-364.46	-160.4
Income Tax Expense	-	-0.02	-0
Net Income	-380.24	-364.43	-160.4
Net Income to Common	-380.24	-364.43	-160.4
Shares Outstanding (Basic)	56	54	51
Shares Outstanding (Diluted)	56	54	51
Shares Change (YoY)	-	5.82%	-
EPS (Basic)	-6.75	-6.81	-3.17
EPS (Diluted)	-6.75	-6.81	-3.17
Free Cash Flow	-248.81	-338.06	-276.58
Free Cash Flow Per Share	-4.42	-6.32	-5.47
Gross Margin	97.95%	81.49%	97.85%
Operating Margin	-660.67%	-5835.80%	-2404.96%
Profit Margin	-814.93%	-5916.12%	-2314.50%
Free Cash Flow Margin	-533.26%	-5487.91%	-3991.02%
EBITDA	-277.6	-329.76	-146.12
D&A For EBITDA	30.66	29.73	20.55
EBIT	-308.26	-359.49	-166.66

Source: S&P Capital IQ. Standard template. Financial Sources.