Financial Statements — UK
Balance Sheet
(in billions CNY)| Metric | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Cash & Equivalents | 0.06 | 0.01 | 0.08 |
| Short-term Investments | 0.02 | -- | -- |
| Accounts Receivable | 0.01 | 0.17 | -- |
| Inventory | -- | 0.13 | 0.15 |
| Total Current Assets | 0.03 | 0.04 | 0.05 |
| Property, Plant & Equipment | 0.05 | 0.01 | 0.22 |
| Goodwill | -- | -- | 0.04 |
| Intangible Assets | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets | 0.03 | 0.44 | 0.98 |
| Total Assets | 0.07 | 0.75 | 0.20 |
| Accounts Payable | 0.17 | 0.23 | 0.21 |
| Short-term Debt | -- | 0.00 | 0.04 |
| Total Current Liabilities | 0.38 | 0.08 | 0.83 |
| Total Non-current Liabilities | 0.07 | 0.13 | 0.36 |
| Total Liabilities | 0.46 | 0.72 | 1.19 |
| Retained Earnings | (4.59) | (4.57) | (4.47) |
| Total Stockholder Equity | 0.03 | 0.00 | 0.02 |
Income Statement
(in millions CNY) (except per-share rows)| Metric | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Total Revenue | 118.91 | 270.10 | 44.39 |
| Cost of Revenue | 16.64 | 271.88 | 46.04 |
| Gross Profit | (2.03) | (1.77) | (11.06) |
| Selling, General & Admin | 27.58 | 38.13 | 11.25 |
| Total Operating Expenses | 26.06 | 7.96 | 246.83 |
| Operating Income | (3.87) | (8.21) | (38.50) |
| Interest Expense | -- | 0.10 | -- |
| Pretax Income | (50.82) | (7.05) | (247.97) |
| Tax Provision | 0.71 | 0.03 | 3.77 |
| Net Income | (50.12) | (5.30) | (229.27) |
| Basic EPS | (8.55) | (0.99) | (52.42) |
| Diluted EPS | (8.55) | (0.99) | (7.83) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Operating Cash Flow | (4.92) | 4.23 | (107.22) |
| Capital Expenditures | 0.22 | 1.05 | 25.96 |
| Free Cash Flow* | (5.13) | 3.18 | (133.18) |
| Investing Cash Flow | (0.23) | (0.72) | (4.62) |
| Financing Cash Flow | 1.54 | (2.55) | (0.27) |
* Derived from reported values
