Xuanzhubio-b (02575.HK) Financial Statements

Income statement

Metric	2025	2024	2023	2022
Revenue
Total Revenue	56.1M	32.6M	32.0K	—
Cost of Revenue	34.4M	45.2M	35.6M	30.2M
Gross Profit	21.8M	(12.6M)	(35.5M)	(30.2M)
Operating Expenses
R&D Expense	120.3M	180.9M	238.7M	444.9M
SG&A Expense	146.3M	413.0M	95.6M	100.4M
General & Admin Expense	—	—	—	—
Selling & Marketing Expense	—	—	—	—
Other Expenses	8.3M	4.7M	4.8M	4.7M
Total Operating Expenses	274.9M	598.7M	339.2M	550.1M
Cost and Expenses	309.3M	643.9M	374.7M	580.2M
Operating Income (EBIT)	(253.1M)	(611.3M)	(374.7M)	(580.2M)
Non-Operating
Interest Income	7.4M	7.2M	15.9M	27.6M
Interest Expense	134.5K	329.6K	1.3M	1.8M
Net Interest Income	7.2M	6.9M	14.6M	25.9M
Other Non-Op Income/Expense	(13.1M)	8.0M	42.6M	(15.5M)
Non-Operating Income (excl Interest)	—	(8.3M)	(43.9M)	13.7M
EBT (Pre-Tax Income)	(266.3M)	(603.3M)	(332.1M)	(595.7M)
Income Tax Expense	6.5K	6.5K	6.6K	5.8K
Bottom Line
Net Income	(266.3M)	(603.3M)	(332.1M)	(595.7M)
Earnings from Cont. Ops	(266.3M)	(603.3M)	(332.1M)	(595.7M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(266.3M)	(603.3M)	(332.1M)	(595.7M)
Per Share
Basic EPS	(HK$0.51)	(HK$1.16)	(HK$0.64)	(HK$1.15)
Diluted EPS	(HK$0.51)	(HK$1.16)	(HK$0.64)	(HK$1.15)
Revenue Per Share	HK$0.11	HK$0.06	HK$0.00	HK$0.00
Shares
Basic Shares Outstanding	517.9M	517.9M	517.9M	517.9M
Diluted Shares Outstanding	517.9M	517.9M	517.9M	517.9M
Profitability Metrics
EBITDA	(220.5M)	(566.4M)	(295.3M)	(563.8M)
D&A	32.6M	36.6M	35.5M	30.2M
EBIT	(253.1M)	(603.0M)	(330.8M)	(593.9M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025