02889.HK
PATEO CONNECT Technology (Shanghai) Corporation
HKSE · Technology · Software - Services · CN
HKD 145.40
+1.89%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 7.4B | 3.4B | 2.6B | 1.5B | 1.2B |
| Cost of Revenue | 6.5B | 3.0B | 2.3B | 1.3B | 1.0B |
| Gross Profit | 878.9M | 423.0M | 301.0M | 231.1M | 171.1M |
| Operating Expenses | |||||
| R&D Expense | 633.6M | 369.5M | 228.6M | 249.8M | 287.6M |
| SG&A Expense | 1.9B | 1.0B | 127.3M | 116.3M | 100.7M |
| General & Admin Expense | — | — | 61.3M | 65.4M | 57.6M |
| Selling & Marketing Expense | — | — | 66.0M | 50.8M | 43.1M |
| Other Expenses | — | — | 314.0M | 219.1M | 208.8M |
| Total Operating Expenses | 2.5B | 1.4B | 669.9M | 585.1M | 597.2M |
| Cost and Expenses | 9.0B | 4.4B | 2.9B | 1.8B | 1.6B |
| Operating Income (EBIT) | (1.6B) | (986.9M) | (368.9M) | (354.0M) | (426.1M) |
| Non-Operating | |||||
| Interest Income | 2.1M | — | 2.0M | 1.8M | 4.6M |
| Interest Expense | 111.3M | 54.7M | 44.1M | 27.8M | 27.1M |
| Net Interest Income | (109.1M) | (54.7M) | (42.1M) | (26.0M) | (22.5M) |
| Other Non-Op Income/Expense | (70.7M) | (78.5M) | (171.9M) | 70.3M | (26.1M) |
| Non-Operating Income (excl Interest) | (47.6M) | 23.8M | 127.8M | (98.1M) | (1.0M) |
| EBT (Pre-Tax Income) | (1.7B) | (1.1B) | (540.8M) | (283.7M) | (452.1M) |
| Income Tax Expense | (342.3K) | 9.7K | 27.0K | 67.0K | 3.0K |
| Bottom Line | |||||
| Net Income | (1.7B) | (1.1B) | (541.2M) | (283.9M) | (452.1M) |
| Earnings from Cont. Ops | (1.7B) | (1.1B) | (540.8M) | (283.8M) | (452.2M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (1.7B) | (1.1B) | (541.2M) | (283.9M) | (452.1M) |
| Per Share | |||||
| Basic EPS | (HK$11.85) | (HK$7.49) | (HK$3.61) | (HK$1.89) | (HK$3.01) |
| Diluted EPS | (HK$11.85) | (HK$7.49) | (HK$3.61) | (HK$1.89) | (HK$3.01) |
| Revenue Per Share | HK$48.40 | HK$24.04 | HK$17.05 | HK$9.97 | HK$8.12 |
| Shares | |||||
| Basic Shares Outstanding | 152.5M | 142.2M | 150.0M | 150.0M | 150.0M |
| Diluted Shares Outstanding | 152.5M | 142.2M | 150.0M | 150.0M | 150.0M |
| Profitability Metrics | |||||
| EBITDA | (1.4B) | (930.5M) | (416.8M) | (195.5M) | (379.7M) |
| D&A | 149.2M | 80.2M | 79.9M | 60.4M | 45.4M |
| EBIT | (1.6B) | (1.0B) | (496.7M) | (255.9M) | (425.0M) |
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 Jun 1, 2026