Financial statements and analysis
Showing the last 6 fiscal years: 2020 to 2025
Chart shows data from left to right: oldest period → newest period
X-axis shows fiscal years with their term end dates and filing dates
Period names from company filings, with term end dates and filing dates
Income Statement (CNY) Term End Date Filing Date | 2025 Dec 31, 2025 Apr 16, 2026 | 2024 Dec 31, 2024 Mar 25, 2025 | 2023 Dec 31, 2023 Mar 27, 2024 | 2022 Dec 31, 2022 Apr 27, 2023 | 2021 Dec 31, 2021 Apr 25, 2022 | 2020 Dec 31, 2020 Mar 5, 2021 | 2019 Dec 31, 2019 Mar 27, 2020 | 2018 Dec 31, 2018 Mar 29, 2019 |
|---|
Total Revenue | 30.35B 13.1% | 26.83B 19.1% | 22.53B 2.9% | 21.90B 13.0% | 19.38B 61.5% | 12.00B 77.0% | 6.78B 64.2% | 4.13B 67.3% |
Cost of Revenue | 19.23B 6.5% | 18.06B 5.7% | 17.09B 5.3% | 18.05B 17.7% | 15.34B 67.5% | 9.16B 63.9% | 5.59B 70.7% | 3.27B 70.6% |
Gross Profit | 11.11B 26.7% | 8.77B 61.2% | 5.44B 41.4% | 3.85B 4.8% | 4.04B 42.4% | 2.84B 138.6% | 1.19B 39.1% | 855.44M 55.8% |
Gross Margin % | 37.00% 12.1% | 33.00% 37.5% | 24.00% 33.3% | 18.00% 14.3% | 21.00% 12.5% | 24.00% 33.3% | 18.00% 14.3% | 21.00% 4.5% |
Research & Development | 3.53B 4.1% | 3.69B 17.5% | 4.47B 6.3% | 4.77B 67.8% | 2.84B 87.7% | 1.51B 69.2% | 894.41M 66.4% | 537.49M 91.9% |
General & Administrative | 2.06B 1.5% | 2.03B 4.3% | 2.12B 15.8% | 2.52B 37.2% | 1.84B 88.3% | 976.08M 64.7% | 592.50M 28.5% | 461.17M 76.8% |
Selling & Marketing | 4.39B 0.2% | 4.40B 12.4% | 3.92B 20.4% | 4.92B 15.1% | 5.79B 65.9% | 3.49B 191.4% | 1.20B 104.6% | 585.76M 152.0% |
SG&A Expenses | 6.46B 0.4% | 6.43B 6.5% | 6.04B 18.9% | 7.44B 2.5% | 7.63B 70.8% | 4.47B 149.5% | 1.79B 71.1% | 1.05B 112.2% |
Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 100.0% | 10.41M | 0.00 100.0% | 26.41M | 0.00 |
Total Operating Expenses | 9.99B 1.3% | 10.12B 3.7% | 10.51B 13.9% | 12.21B 16.6% | 10.47B 75.1% | 5.98B 122.7% | 2.69B 69.5% | 1.58B 104.8% |
Cost and Expenses | 29.22B 3.7% | 28.18B 2.1% | 27.59B 8.8% | 30.26B 17.2% | 25.81B 70.5% | 15.14B 83.0% | 8.27B 70.3% | 4.86B 80.4% |
Operating Income | 1.12B 183.7% | -1.34B 73.5% | -5.06B 39.4% | -8.36B 30.0% | -6.43B 104.7% | -3.14B 110.1% | -1.50B 105.1% | -728.97M 225.0% |
Operating Margin % | 4.00% 180.0% | -5.00% 77.3% | -22.00% 42.1% | -38.00% 15.2% | -33.00% 26.9% | -26.00% 18.2% | -22.00% 22.2% | -18.00% 100.0% |
EBITDA | 3.55B 198.0% | 1.19B 171.3% | -1.67B 66.8% | -5.02B 27.0% | -3.95B 268.1% | -1.07B 170.1% | -397.78M 484.7% | 103.41M 20.2% |
EBITDA Margin % | 12.00% 200.0% | 4.00% 157.1% | -7.00% 69.6% | -23.00% 15.0% | -20.00% 122.2% | -9.00% 50.0% | -6.00% 300.0% | 3.00% 40.0% |
Interest Expense | 150.57M 68.8% | 89.19M 45.9% | 164.93M 34.3% | 250.92M 61.4% | 155.47M 43.2% | 108.55M 133.2% | 46.54M | 0.00 |
Interest Income | 431.85M 0.7% | 434.98M 19.8% | 542.47M 93.0% | 281.05M 299.4% | 70.37M 15.5% | 83.30M 48.8% | 162.78M 136.9% | 68.71M 4532.9% |
Other Income (Expense) | 83.64M 248.7% | -56.23M 117.0% | 331.18M 65.3% | 954.44M 435.6% | -284.38M 302.7% | 140.31M 38.3% | 227.47M 19.8% | 189.94M 284.5% |
Pre-Tax Income | 1.21B 186.3% | -1.40B 70.4% | -4.73B 36.1% | -7.40B 10.3% | -6.71B 123.7% | -3.00B 136.7% | -1.27B 135.2% | -539.03M 208.2% |
Pre-Tax Margin % | 4.00% 180.0% | -5.00% 76.2% | -21.00% 38.2% | -34.00% 2.9% | -35.00% 40.0% | -25.00% 31.6% | -19.00% 46.2% | -13.00% 85.7% |
Tax Provision | 17.14M 146.9% | -36.54M 146.4% | 78.70M 24.4% | 104.14M 9.3% | 95.29M 78.5% | 53.37M 48.8% | 35.87M 38.0% | 25.99M 192.6% |
Net Income | 1.19B 188.6% | -1.35B 72.1% | -4.82B 35.8% | -7.51B 10.3% | -6.81B 122.9% | -3.05B 134.3% | -1.30B 136.3% | -551.72M 200.3% |
Net Margin % | 4.00% 180.0% | -5.00% 76.2% | -21.00% 38.2% | -34.00% 2.9% | -35.00% 40.0% | -25.00% 31.6% | -19.00% 46.2% | -13.00% 85.7% |
Basic EPS | 2.80 186.7% | -3.23 72.3% | -11.67 46.2% | -21.71 21.1% | -17.92 102.9% | -8.83 118.6% | -4.04 70.5% | -2.37 308.6% |
Diluted EPS | 2.59 180.2% | -3.23 72.3% | -11.67 46.2% | -21.71 21.1% | -17.92 102.9% | -8.83 119.1% | -4.03 70.0% | -2.37 308.6% |
Basic Shares Outstanding | 418.91M 0.6% | 416.47M 0.8% | 413.21M 19.5% | 345.82M 9.0% | 379.90M 9.9% | 345.78M 7.0% | 323.05M 38.6% | 233.05M 26.3% |
Diluted Shares Outstanding | 444.03M 6.6% | 416.47M 0.8% | 413.21M 19.5% | 345.82M 9.0% | 379.90M 9.9% | 345.82M 7.0% | 323.16M 38.7% | 233.05M 26.3% |