| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 35.8 | 36.9 | 53.2 | 25.2 | 24.8 | 24.6 | −0.9% | |
| Cash & short-term investments | 162.2 | 180.1 | 174.0 | 193.9 | 127.4 | 115.3 | −9.6% | |
| Receivables | 11.6 | 14.8 | 21.1 | 16.6 | 14.3 | 13.7 | −3.8% | |
| Inventory | 0.6 | 1.5 | 1.2 | 1.4 | 6.0 | 0.0 | −100.0% | |
| Total current assets | 183.3 | 213.3 | 212.9 | 230.3 | 168.8 | 152.0 | −10.0% | |
| Property, plant & equipment | 27.3 | 35.1 | 34.3 | 38.8 | 41.0 | 34.9 | −14.9% | |
| Goodwill & intangibles | 37.3 | 42.5 | 43.6 | 43.8 | 45.0 | 61.2 | +36.1% | |
| Long-term investments | 76.2 | 67.3 | 78.9 | 72.6 | 140.3 | 168.8 | +20.3% | |
| Total assets | 332.7 | 380.0 | 391.0 | 406.8 | 427.8 | 449.2 | +5.0% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 15.2 | 14.7 | 20.6 | 19.1 | 19.1 | 28.4 | +48.7% | |
| Total current liabilities | 68.4 | 74.5 | 79.6 | 76.5 | 81.0 | 86.3 | +6.6% | |
| Long-term debt | 60.3 | 68.4 | 63.2 | 57.4 | 51.9 | 61.1 | +17.6% | |
| Total debt | 82.6 | 91.5 | 91.4 | 84.6 | 79.3 | 97.1 | +22.4% | |
| Net debt | 46.8 | 54.7 | 38.2 | 59.4 | 54.5 | 72.5 | +33.0% | |
| Deferred revenue | 13.6 | 14.7 | 14.3 | 16.3 | 16.6 | 13.6 | −17.9% | |
| Total liabilities | 140.9 | 156.1 | 153.2 | 144.2 | 144.2 | 159.4 | +10.6% | |
| Total equity | 182.7 | 211.5 | 223.5 | 243.6 | 263.6 | 266.3 | +1.0% | |
| Retained earnings | 135.3 | 145.2 | 148.3 | 161.2 | 180.1 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in CNY; the shares trade in USD.
