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 10, 2026 | 2024 Dec 31, 2024 Apr 10, 2025 | 2023 Dec 31, 2023 Apr 12, 2024 | 2022 Dec 31, 2022 Apr 21, 2023 | 2021 Dec 31, 2021 Apr 19, 2022 | 2020 Dec 31, 2020 Mar 10, 2021 | 2019 Dec 31, 2019 Dec 31, 2019 | 2018 Dec 31, 2018 Dec 31, 2018 |
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Total Revenue | 109.25B 24.4% | 144.46B 16.6% | 123.85B 173.5% | 45.29B 67.7% | 27.01B 185.6% | 9.46B 3225.5% | 284.37M | 0.00 |
Cost of Revenue | 88.84B 22.6% | 114.80B 19.1% | 96.35B 164.0% | 36.50B 71.8% | 21.25B 168.7% | 7.91B 2679.7% | 284.46M | 0.00 |
Gross Profit | 20.41B 31.2% | 29.66B 7.9% | 27.50B 212.8% | 8.79B 52.6% | 5.76B 271.9% | 1.55B 1630983.2% | -95.00K | 0.00 |
Gross Margin % | 19.00% 9.5% | 21.00% 4.5% | 22.00% 15.8% | 19.00% 9.5% | 21.00% 31.2% | 16.00% | 0.00% | - |
Research & Development | 0.00 100.0% | 11.07B 4.6% | 10.59B 56.1% | 6.78B 106.3% | 3.29B 198.8% | 1.10B 5.9% | 1.17B 47.3% | 793.72M |
General & Administrative | 0.00 | 0.00 | 0.00 100.0% | 4.42B 92.1% | 2.30B 182.1% | 816.08M 86.6% | 437.28M 67.5% | 261.03M |
Selling & Marketing | 0.00 | 0.00 | 0.00 100.0% | 1.01B 8.2% | 1.10B 315.7% | 264.81M 50.1% | 176.38M 402.0% | 35.13M |
SG&A Expenses | 10.37B 15.2% | 12.23B 25.2% | 9.77B 72.4% | 5.67B 66.5% | 3.40B 214.8% | 1.08B 76.1% | 613.66M 107.2% | 296.17M |
Other Operating Expenses | 11.01B 1758.5% | -663.66M 151.2% | -264.21M | 0.00 100.0% | 89.19M 135.2% | 37.92M 34.2% | 57.65M 40.5% | 41.03M |
Total Operating Expenses | 21.38B 5.5% | 22.64B 12.7% | 20.09B 61.4% | 12.45B 83.6% | 6.78B 205.5% | 2.22B 20.6% | 1.84B 62.7% | 1.13B |
Cost and Expenses | 110.22B 19.8% | 137.44B 18.0% | 116.44B 137.9% | 48.94B 74.6% | 28.03B 176.8% | 10.13B 372.5% | 2.14B 89.5% | 1.13B |
Operating Income | -967.65M 113.8% | 7.02B 5.2% | 7.41B 302.7% | -3.65B 259.3% | -1.02B 52.0% | -669.34M 64.0% | -1.86B 64.3% | -1.13B |
Operating Margin % | -1.00% 120.0% | 5.00% 16.7% | 6.00% 175.0% | -8.00% 100.0% | -4.00% 42.9% | -7.00% 98.9% | -654.00% | - |
EBITDA | 6.06B 51.8% | 12.56B 36.4% | 9.21B 1197.7% | -839.16M 267.6% | 500.83M 151.6% | 199.03M 109.0% | -2.22B 107.2% | -1.07B |
EBITDA Margin % | 6.00% 33.3% | 9.00% 28.6% | 7.00% 450.0% | -2.00% 200.0% | 2.00% 0.0% | 2.00% 100.3% | -780.00% | - |
Interest Expense | 163.50M 12.9% | 187.75M 117.7% | 86.25M 18.9% | 106.34M 68.1% | 63.24M 5.5% | 66.92M 20.0% | 83.67M 31.8% | 63.47M |
Interest Income | 0.00 100.0% | 1.82B 12.6% | 2.08B 113.4% | 976.23M 31.8% | 740.43M 190.5% | 254.92M 220.1% | 79.63M 2123.1% | 3.58M |
Other Income (Expense) | 2.23B 2.9% | 2.30B 24.6% | 3.04B 103.6% | 1.50B 73.0% | 864.51M 79.9% | 480.46M 185.9% | -559.26M 1526.7% | -34.38M |
Pre-Tax Income | 1.26B 86.5% | 9.32B 10.9% | 10.45B 584.0% | -2.16B 1313.1% | -152.81M 19.1% | -188.88M 92.2% | -2.42B 107.5% | -1.17B |
Pre-Tax Margin % | 1.00% 83.3% | 6.00% 25.0% | 8.00% 260.0% | -5.00% 400.0% | -1.00% 50.0% | -2.00% 99.8% | -850.00% | - |
Tax Provision | 153.41M 87.9% | 1.27B 193.6% | -1.36B 968.7% | -127.01M 175.3% | 168.64M 838.1% | -22.85M | 0.00 | 0.00 |
Net Income | 1.09B 86.4% | 8.03B 31.4% | 11.70B 681.7% | -2.01B 526.0% | -321.45M 112.0% | -151.66M 93.8% | -2.44B 59.1% | -1.53B |
Net Margin % | 1.00% 83.3% | 6.00% 33.3% | 9.00% 325.0% | -4.00% 300.0% | -1.00% 50.0% | -2.00% 99.8% | -858.00% | - |
Basic EPS | 1.12 86.1% | 8.06 32.3% | 11.90 677.7% | -2.06 505.9% | -0.34 59.5% | -0.84 96.7% | -25.58 1106.6% | -2.12 |
Diluted EPS | 1.04 86.3% | 7.58 31.5% | 11.06 631.7% | -2.08 511.8% | -0.34 59.5% | -0.84 96.7% | -25.58 1106.6% | -2.12 |
Basic Shares Outstanding | 1.01B 1.1% | 996.60M 1.3% | 983.93M 1.4% | 970.62M 4.7% | 926.66M 2.4% | 904.96M 0.0% | 904.64M 0.0% | 904.64M |
Diluted Shares Outstanding | 1.07B 0.6% | 1.06B 0.7% | 1.06B 9.0% | 970.62M 4.7% | 926.66M 2.4% | 904.96M 0.0% | 904.64M 0.0% | 904.64M |