| CNY millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 2,835.0 | 1,180.9 | 707.9 | 306.9 | 234.1 | 246.4 | +5.3% | |
| Cash & short-term investments | 2,835.0 | 1,190.9 | 733.4 | 476.7 | 359.3 | 407.2 | +13.4% | |
| Receivables | 7.4 | 23.1 | 52.0 | 59.7 | 67.6 | 42.6 | −37.0% | |
| Inventory | 0.0 | (23.1) | 10.2 | 0.0 | 0.0 | 25.6 | — | |
| Total current assets | 3,046.6 | 1,342.7 | 913.4 | 630.7 | 508.9 | 551.0 | +8.3% | |
| Property, plant & equipment | 305.4 | 223.8 | 62.3 | 52.0 | 38.2 | 37.5 | −1.8% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 3.9 | 0.0 | 0.0 | — | |
| Total assets | 3,389.7 | 1,580.4 | 980.5 | 684.5 | 549.5 | 590.9 | +7.5% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 1,205.5 | 683.1 | 214.1 | 180.6 | 151.6 | 294.4 | +94.2% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 187.5 | 147.2 | 26.3 | 17.3 | 11.1 | 14.7 | +32.8% | |
| Net debt | (2,647.4) | (1,033.7) | (681.6) | (289.6) | (223.1) | (231.8) | −3.9% | |
| Deferred revenue | 596.3 | 243.9 | 42.4 | 44.9 | 40.4 | 166.0 | +311.0% | |
| Total liabilities | 1,325.6 | 783.4 | 221.7 | 190.3 | 155.9 | 304.1 | +95.1% | |
| Total equity | 2,064.2 | 797.0 | 758.9 | 494.3 | 393.6 | 286.8 | −27.1% | |
| Retained earnings | (8,639.2) | (10,081.1) | (10,259.0) | (10,570.7) | (10,763.7) | (10,925.0) | −1.5% |
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.
