| CNY millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 60.8 | 97.0 | 142.5 | 41.5 | 36.8 | 114.2 | +210.7% | |
| Cash & short-term investments | 209.2 | 216.1 | 184.8 | 117.0 | 91.7 | 116.2 | +26.7% | |
| Receivables | 304.9 | 183.8 | 198.4 | 139.5 | 65.7 | 62.1 | −5.4% | |
| Inventory | 0.0 | 39.5 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 530.5 | 442.5 | 399.4 | 272.5 | 175.4 | 190.0 | +8.3% | |
| Property, plant & equipment | 31.3 | 17.0 | 33.3 | 41.8 | 24.4 | 23.5 | −3.7% | |
| Goodwill & intangibles | 0.5 | 0.8 | 1.2 | 2.1 | 1.5 | 1.2 | −21.0% | |
| Long-term investments | 16.3 | 41.4 | 137.4 | 142.6 | 74.9 | 83.0 | +10.9% | |
| Total assets | 578.5 | 501.7 | 571.4 | 459.0 | 276.2 | 297.7 | +7.8% | |
| Payables | 64.6 | 56.3 | 53.5 | 60.4 | 59.8 | 46.7 | −21.9% | |
| Short-term debt | 0.0 | 5.0 | 10.0 | 10.0 | 10.0 | 20.0 | +99.5% | |
| Total current liabilities | 177.1 | 193.9 | 210.3 | 170.1 | 146.2 | 157.1 | +7.4% | |
| Long-term debt | 12.4 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 27.6 | 21.9 | 56.3 | 45.7 | 29.6 | 39.5 | +33.4% | |
| Net debt | (33.3) | (75.1) | (86.2) | 4.3 | (7.2) | (74.7) | −943.3% | |
| Deferred revenue | 18.8 | 28.9 | 24.6 | 23.4 | 19.3 | 39.9 | +106.9% | |
| Total liabilities | 189.6 | 194.5 | 226.0 | 197.1 | 157.9 | 168.5 | +6.7% | |
| Total equity | 380.8 | 299.4 | 338.1 | 252.0 | 118.0 | 128.9 | +9.2% | |
| Retained earnings | (1,638.6) | (1,728.2) | (1,706.2) | (1,796.2) | (1,932.3) | (1,922.3) | +0.5% |
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.
