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Company research

Burning Rock Biotech Ltd

CIK 1792267Updated Sep 26, 2026

BNR price & chart

Provider market data

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In the news

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Seeking Alpha

Financials

FY 2025 · USD
Revenue77,157,000USD · FY 2025
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

Net income-7,916,000USD · FY 2025
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

Operating income-7,844,000USD · FY 2025
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

Diluted EPS— · FY 2025

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD117,312,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

121,288,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

146,482,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

230,162,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Property, Plant and Equipment, NetUSD4,447,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

6,460,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

18,579,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

36,512,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Intangible Assets, Net (Excluding Goodwill)USD41,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

58,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

136,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

288,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD68,409,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

71,219,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

86,634,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

131,278,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Accounts Receivable, after Allowance for Credit Loss, CurrentUSD24,254,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

20,826,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

17,868,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

15,942,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Inventory, NetUSD6,946,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

8,580,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

9,721,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

18,895,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Assets, CurrentUSD105,616,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

106,397,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

124,523,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

182,504,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Operating Lease, Right-of-Use AssetUSD6,117,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

7,287,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

1,730,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

6,989,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Other Assets, NoncurrentUSD1,091,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

1,086,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

718,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

3,029,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD40,770,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

41,714,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

38,253,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

62,218,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD716,429,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

685,306,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

683,015,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

664,442,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Retained Earnings (Accumulated Deficit)USD-608,544,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

-575,433,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

-542,773,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

-463,949,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD-23,185,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

-21,652,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

-22,751,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

-24,027,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD76,542,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

79,574,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

108,229,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

167,944,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Liabilities and EquityUSD117,312,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

121,288,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

146,482,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

230,162,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD35,318,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

36,484,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

37,095,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

59,655,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Operating Lease, Liability, CurrentUSD2,397,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

3,366,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

1,216,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

5,399,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Accounts Payable, CurrentUSD5,826,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

4,623,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

2,544,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

7,387,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Operating Lease, Liability, NoncurrentUSD3,497,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

3,802,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

520,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

1,965,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Other Liabilities, NoncurrentUSD1,712,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

1,428,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

638,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

598,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Additional Financial Items
Deferred Revenue, CurrentUSD15,418,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

16,152,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

18,386,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

21,405,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Short-term InvestmentsCNY———0
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-7,916,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-47,489,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-92,070,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-140,815,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD3,112,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

7,151,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

18,789,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

17,992,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Share-based Payment Arrangement, Noncash ExpenseUSD1,984,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

21,320,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

36,722,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

47,379,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD4,430,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

4,470,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

1,745,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

3,118,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Increase (Decrease) in InventoriesUSD-357,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-344,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-8,067,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

3,140,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Deferred Income Tax Expense (Benefit)CNY0
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

0
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

—
Net Cash Provided by (Used in) Operating ActivitiesUSD-4,068,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-12,640,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-36,026,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-66,232,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-628,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-604,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-1,309,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-1,082,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Payments to Acquire Property, Plant, and EquipmentUSD751,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

742,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

1,141,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

8,994,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD272,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-10,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-6,878,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-12,504,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Repayments of Long-term DebtUSD14,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

—0
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

0
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD-5,873,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-12,748,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-43,670,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-74,501,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD68,795,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

As of 2025-12-31

71,536,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

86,651,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

As of 2023-12-31

134,151,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

As of 2022-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD4,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

0
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

127,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Income Taxes Paid, NetCNY0
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

0
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

14,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Additional Financial Items
Share-based Payment Arrangement, ExpenseUSD1,984,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

21,320,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

36,722,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

47,379,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Amortization of Intangible AssetsUSD20,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

111,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

274,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

486,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

DepreciationUSD3,092,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

7,040,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

18,515,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

17,506,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Equity Method Investment, Other than Temporary ImpairmentCNY0
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

34,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

——
Equity Method Investment, Realized Gain (Loss) on DisposalCNY0
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

34,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

As of 2024-12-31

51,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

43,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD-960,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-14,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-59,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

225,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Foreign Currency Transaction Gain (Loss), UnrealizedUSD-869,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

———
Gain (Loss) on InvestmentsUSD—729,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

30,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

15,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Gain (Loss) on Disposition of Property Plant EquipmentUSD29,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-301,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-142,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-206,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

General and Administrative ExpenseUSD18,031,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

35,844,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

61,666,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

82,393,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Income (Loss) from Equity Method InvestmentsCNY0
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-13,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-51,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-43,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Income Tax Expense (Benefit)USD223,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

806,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

336,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

288,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-7,916,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-47,489,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-92,070,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-140,815,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD———-140,815,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Operating Costs and ExpensesUSD65,459,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

98,634,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

145,431,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

197,246,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Proceeds from Contributed CapitalCNY———0
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Proceeds from Issuance of Long-term DebtUSD286,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

——0
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Total RevenueUSD77,157,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

70,667,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

75,696,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

81,662,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Cost of Goods and Services Sold————
Operating Income (Loss)USD-7,844,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-48,987,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-94,272,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-142,145,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Income Tax Expense (Benefit)USD223,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

806,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

336,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

288,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-7,916,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-47,489,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-92,070,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-140,815,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Additional Financial Items
Amortization of Intangible AssetsUSD20,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

111,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

274,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

486,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Current Income Tax Expense (Benefit)USD223,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

806,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

336,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

288,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD-960,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-14,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-59,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

225,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Gain (Loss) on InvestmentsUSD—729,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

30,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

15,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

General and Administrative ExpenseUSD18,031,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

35,844,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

61,666,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

82,393,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Gross ProfitUSD57,615,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

49,647,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

51,159,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

55,101,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Income (Loss) from Equity Method InvestmentsCNY0
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

-13,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

-51,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

-43,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Interest Income (Expense), NetUSD-4,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

0
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

15,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD———-140,815,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Operating Costs and ExpensesUSD65,459,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

98,634,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

145,431,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

197,246,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Other IncomeUSD-37,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

645,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

68,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

22,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Research and Development ExpenseUSD23,808,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

31,824,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

48,876,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

61,165,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Selling and Marketing ExpenseUSD23,620,000
Source

20-F · 2026-04-28 · 0001193125-26-183377

2025-01-01 to 2025-12-31

26,154,000
Source

20-F · 2025-04-29 · 0001193125-25-101753

2024-01-01 to 2024-12-31

34,889,000
Source

20-F · 2024-04-29 · 0001193125-24-119655

2023-01-01 to 2023-12-31

53,688,000
Source

20-F · 2023-04-20 · 0001193125-23-108289

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.