| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.6 | 21.3 | 16.0 | 18.0 | 19.1 | 24.0 | +25.4% | |
| Cost of revenue | 17.4 | 18.5 | 13.5 | 15.1 | 16.3 | 20.0 | +22.8% | |
| Gross profit | 3.2 | 2.8 | 2.2 | 2.9 | 2.8 | 4.0 | +40.4% | |
| Research & development | 0.6 | 0.8 | 0.8 | 0.9 | 1.0 | 1.3 | +33.5% | |
| Selling, general & administrative | 1.8 | 1.6 | 1.2 | 1.9 | 1.8 | 2.0 | +11.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 2.0 | 2.1 | 1.7 | 2.3 | 2.2 | 3.3 | +49.9% | |
| Operating income | 1.2 | 0.7 | 0.5 | 0.6 | 0.6 | 0.6 | +5.1% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | −18.9% | |
| Interest income | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −24.6% | |
| Other income / expense | (0.2) | (0.2) | (0.1) | (0.0) | 0.0 | 0.5 | +1944.3% | |
| Pre-tax income | 1.0 | 0.5 | 0.4 | 0.6 | 0.6 | 1.1 | +78.7% | |
| Income tax | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 0.3 | +149.0% | |
| Net income | 0.5 | 0.3 | 0.2 | 0.3 | 0.3 | 0.5 | +61.8% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | — | |
| EPS, basic (per share) | 13.43 | 6.67 | 5.35 | 6.99 | 8.21 | 13.92 | +69.5% | |
| EPS, diluted (per share) | 13.43 | 6.67 | 5.35 | 6.99 | 8.21 | 13.92 | +69.5% | |
| EBITDA | 1.6 | 1.1 | 1.1 | 1.3 | 1.2 | 1.9 | +62.8% | |
| Depreciation & amortization | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | +7.2% | |
| Weighted average shares (shares) | 40,871,407 | 40,880,515 | 40,858,293 | 40,858,293 | 39,348,000 | 37,518,322 | −4.6% | |
| Weighted average diluted shares (shares) | 40,858,290 | 40,858,290 | 40,858,290 | 40,858,290 | 39,326,000 | 37,518,322 | −4.6% | |
| Gross margin | 15.5% | 13.0% | 13.7% | 16.2% | 14.7% | 16.5% | +1.8 pts | |
| Operating margin | 5.7% | 3.1% | 3.2% | 3.4% | 3.1% | 2.6% | −0.5 pts | |
| Net margin | 2.7% | 1.3% | 1.4% | 1.6% | 1.7% | 2.2% | +0.5 pts |
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.
