| CNY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 4.6 | 3.6 | 4.4 | 6.0 | 8.7 | 10.8 | +23.4% | |
| Depreciation & amortization | 0.8 | 1.0 | 1.2 | 1.0 | 1.0 | 1.3 | +36.8% | |
| Stock-based compensation | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.0 | −100.0% | |
| Change in working capital | (0.5) | 0.6 | 2.2 | 0.8 | 1.6 | (1.0) | −164.6% | |
| Operating cash flow | 4.9 | 5.2 | 7.5 | 7.3 | 10.3 | 10.2 | −1.1% | |
| Capital expenditure | (0.5) | (2.8) | (1.1) | (1.2) | (1.0) | (0.3) | +71.3% | |
| Acquisitions | (0.5) | (2.1) | (0.1) | 0.1 | (0.0) | (1.0) | −2403.1% | |
| Investing cash flow | (14.2) | (6.0) | (1.4) | (1.9) | (6.8) | (10.3) | −50.6% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | (1.5) | (1.9) | −27.8% | |
| Share buybacks | (0.1) | (3.5) | (3.1) | (1.2) | (1.9) | (0.7) | +66.1% | |
| Debt issued / repaid | 5.3 | (0.1) | (0.1) | (0.1) | (0.1) | (2.1) | −1447.0% | |
| Financing cash flow | 5.3 | (3.7) | (3.4) | (1.5) | (3.8) | (4.4) | −15.1% | |
| Free cash flow | 4.4 | 2.5 | 6.4 | 6.2 | 9.2 | 9.9 | +6.7% | |
| Net change in cash | (4.3) | (4.5) | 3.0 | 4.0 | (0.4) | (4.1) | −925.1% |
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.
