| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 24.6 | 35.3 | 44.4 | 40.0 | 11.8 | 41.1 | +248.8% | |
| Cash & short-term investments | 24.6 | 35.3 | 44.4 | 40.0 | 11.8 | 41.1 | +248.8% | |
| Receivables | 15.6 | 15.1 | 9.7 | 5.3 | — | 3.4 | — | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | — | |
| Total current assets | 40.4 | 51.0 | 54.9 | 46.0 | — | 45.4 | — | |
| Property, plant & equipment | 1.4 | 1.2 | 1.1 | 0.6 | 0.1 | 0.3 | +399.2% | |
| Goodwill & intangibles | 10.9 | 9.8 | 9.8 | 9.8 | 10.1 | 10.1 | −0.4% | |
| Long-term investments | 159.0 | 247.3 | 243.7 | 160.4 | — | 144.8 | — | |
| Total assets | 248.9 | 360.4 | 349.3 | 237.0 | 203.5 | 208.2 | +2.3% | |
| Payables | 0.4 | 0.4 | 0.2 | 0.1 | — | 0.1 | — | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | — | 81.1 | — | |
| Total current liabilities | 2.5 | 2.7 | 5.8 | 1.6 | — | 81.1 | — | |
| Long-term debt | 28.0 | 44.0 | 52.4 | 44.5 | — | 0.3 | — | |
| Total debt | 28.9 | 44.8 | 53.1 | 44.9 | — | 81.5 | — | |
| Net debt | 4.3 | 9.5 | 8.7 | 4.9 | — | 40.3 | — | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | — | |
| Total liabilities | 165.7 | 265.9 | 254.5 | 143.3 | 119.9 | 126.2 | +5.2% | |
| Total equity | 81.6 | 93.1 | 93.2 | 92.1 | 81.8 | 79.9 | −2.3% | |
| Retained earnings | 40.9 | 55.9 | 64.6 | 65.5 | 58.8 | 56.7 | −3.5% |
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.
