Zhejiang Leapmotor Technology Co., Ltd. (09863.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	78.6B	64.7B	32.2B	16.7B	12.4B
Cost of Revenue	68.2B	55.3B	29.5B	16.7B	14.3B
Gross Profit	10.4B	9.4B	2.7B	80.5M	(1.9B)
Operating Expenses
R&D Expense	4.7B	4.2B	2.9B	1.9B	1.4B
SG&A Expense	6.4B	5.6B	3.3B	2.7B	2.0B
General & Admin Expense	2.2B	1.9B	1.1B	857.5M	842.1M
Selling & Marketing Expense	4.2B	3.7B	2.1B	1.8B	1.1B
Other Expenses	(1.1B)	(453.6M)	(306.2M)	(114.6M)	(50.8M)
Total Operating Expenses	10.0B	9.3B	5.9B	4.5B	3.3B
Cost and Expenses	78.2B	64.6B	35.3B	21.1B	17.6B
Operating Income (EBIT)	394.5M	177.4M	(3.2B)	(4.4B)	(5.2B)
Non-Operating
Interest Income	—	389.3M	348.2M	229.4M	143.3M
Interest Expense	—	103.2M	39.5M	72.2M	37.0M
Net Interest Income	314.4M	286.1M	308.7M	157.1M	106.3M
Other Non-Op Income/Expense	319.3M	361.0M	350.4M	161.2M	118.0M
Non-Operating Income (excl Interest)	(40.8M)	92.7M	139.3M	(233.4M)	(29.3M)
EBT (Pre-Tax Income)	713.8M	538.4M	(2.8B)	(4.2B)	(5.1B)
Income Tax Expense	7.0K	—	80.0K	76.0K	48.0K
Bottom Line
Net Income	713.8M	524.5M	(2.8B)	(4.2B)	(5.1B)
Earnings from Cont. Ops	713.8M	538.4M	(2.8B)	(4.2B)	(5.1B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	713.8M	524.5M	(2.8B)	(4.2B)	(5.1B)
Per Share
Basic EPS	HK$0.51	HK$0.38	(HK$2.11)	(HK$3.62)	(HK$4.89)
Diluted EPS	HK$0.51	HK$0.38	(HK$2.11)	(HK$3.62)	(HK$4.89)
Revenue Per Share	HK$55.27	HK$46.58	HK$24.06	HK$14.38	HK$10.84
Shares
Basic Shares Outstanding	1.4B	1.4B	1.3B	1.2B	1.1B
Diluted Shares Outstanding	1.4B	1.4B	1.3B	1.2B	1.1B
Profitability Metrics
EBITDA	2.0B	687.2M	(2.6B)	(3.5B)	(4.8B)
D&A	1.5B	1.2B	670.7M	601.2M	395.0M
EBIT	435.2M	(489.0M)	(3.3B)	(4.1B)	(5.2B)

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