| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 86.1 | 70.8 | 78.9 | 71.9 | 108.4 | 149.7 | +38.2% | |
| Cash & short-term investments | 146.7 | 185.3 | 220.0 | 190.1 | 234.0 | 225.5 | −3.6% | |
| Receivables | 13.8 | 17.4 | 26.7 | 22.4 | 30.4 | 29.5 | −3.0% | |
| Inventory | 58.9 | 75.6 | 77.9 | 68.1 | 89.3 | 101.3 | +13.5% | |
| Total current assets | 234.8 | 299.7 | 351.1 | 307.8 | 386.7 | 374.7 | −3.1% | |
| Property, plant & equipment | 46.0 | 58.7 | 88.5 | 100.8 | 113.4 | 129.1 | +13.8% | |
| Goodwill & intangibles | 28.5 | 32.6 | 66.1 | 66.5 | 70.3 | 34.0 | −51.6% | |
| Long-term investments | 97.6 | 82.3 | 69.3 | 137.6 | 116.2 | 103.9 | −10.6% | |
| Total assets | 422.3 | 496.5 | 595.3 | 629.0 | 698.2 | 695.6 | −0.4% | |
| Payables | 106.8 | 140.5 | 160.6 | 166.2 | 192.9 | 188.5 | −2.3% | |
| Short-term debt | 3.3 | 4.4 | 12.1 | 5.0 | 7.6 | 20.9 | +176.2% | |
| Total current liabilities | 174.0 | 221.6 | 266.6 | 265.7 | 299.5 | 306.3 | +2.3% | |
| Long-term debt | 12.5 | 9.4 | 30.2 | 42.0 | 56.5 | 62.5 | +10.7% | |
| Total debt | 31.6 | 34.1 | 65.0 | 68.4 | 89.8 | 107.2 | +19.4% | |
| Net debt | (54.5) | (36.6) | (13.8) | (3.5) | (18.6) | (42.5) | −129.0% | |
| Deferred revenue | 24.4 | 32.6 | 37.1 | 33.7 | 34.5 | 39.1 | +13.3% | |
| Total liabilities | 200.7 | 249.7 | 321.1 | 332.6 | 384.9 | 401.7 | +4.3% | |
| Total equity | 187.5 | 208.9 | 213.4 | 231.9 | 239.3 | 225.2 | −5.9% | |
| Retained earnings | 37.4 | 33.8 | 29.3 | 44.1 | 83.3 | 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.
