| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 18.1 | 19.8 | 17.0 | 41.6 | 48.4 | 46.5 | −4.0% | |
| Cash & short-term investments | 42.9 | 49.4 | 42.5 | 59.3 | 76.9 | 78.5 | +2.1% | |
| Receivables | 8.9 | 10.6 | 11.4 | 19.0 | 21.8 | 15.3 | −30.2% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 58.0 | 66.1 | 61.4 | 88.7 | 112.1 | 121.1 | +8.0% | |
| Property, plant & equipment | 6.8 | 6.3 | 6.1 | 5.9 | 5.9 | 6.3 | +7.3% | |
| Goodwill & intangibles | 72.7 | 72.4 | 72.2 | 72.0 | 73.8 | 75.3 | +2.1% | |
| Long-term investments | 47.9 | 45.0 | 50.2 | 49.3 | 47.2 | 61.4 | +30.1% | |
| Total assets | 187.2 | 191.9 | 191.7 | 219.1 | 242.6 | 267.6 | +10.3% | |
| Payables | 4.5 | 6.0 | 7.6 | 16.5 | 16.6 | 19.2 | +15.6% | |
| Short-term debt | 33.7 | 39.9 | 32.7 | 25.9 | 19.4 | 19.3 | −0.4% | |
| Total current liabilities | 58.4 | 66.2 | 61.2 | 72.4 | 74.0 | 78.2 | +5.7% | |
| Long-term debt | 22.7 | 11.1 | 13.2 | 19.1 | 20.1 | 11.4 | −43.2% | |
| Total debt | 57.4 | 51.7 | 46.7 | 45.6 | 40.3 | 31.4 | −22.2% | |
| Net debt | 39.3 | 31.9 | 29.7 | 4.0 | (8.1) | (15.1) | −86.2% | |
| Deferred revenue | 7.6 | 7.5 | 8.3 | 13.4 | 18.0 | 18.2 | +0.9% | |
| Total liabilities | 85.7 | 81.4 | 78.7 | 96.1 | 99.1 | 94.8 | −4.3% | |
| Total equity | 100.4 | 109.7 | 112.3 | 122.2 | 142.6 | 171.1 | +20.0% | |
| Retained earnings | 19.5 | 18.8 | 20.1 | 28.8 | 45.3 | 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.
