| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.6 | 2.3 | 0.8 | 1.1 | 1.1 | 1.7 | +52.4% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | — | |
| Stock-based compensation | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | +1.6% | |
| Change in working capital | (5.4) | (1.5) | (2.8) | (4.2) | (6.2) | (2.4) | +60.9% | |
| Operating cash flow | (0.2) | 2.7 | 0.1 | 2.8 | 1.1 | 3.6 | +234.2% | |
| Capital expenditure | (0.1) | (0.1) | (0.1) | (0.2) | (0.2) | (0.4) | −42.8% | |
| Acquisitions | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (2.1) | 0.4 | (2.4) | 2.3 | (0.9) | (2.6) | −188.6% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | (0.1) | (0.2) | (0.4) | −133.0% | |
| Share buybacks | 0.0 | 0.0 | (0.3) | 0.0 | 0.0 | (0.2) | — | |
| Debt issued / repaid | 1.2 | (1.8) | 1.4 | (3.7) | (0.2) | (0.5) | −91.7% | |
| Financing cash flow | 1.2 | (1.8) | 1.1 | (3.9) | (0.4) | (1.0) | −166.2% | |
| Free cash flow | (0.3) | 2.5 | (0.0) | 2.6 | 0.8 | 3.3 | +290.9% | |
| Net change in cash | (1.1) | 1.3 | (1.2) | 1.3 | (0.2) | (0.0) | +86.8% |
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.
