Z.AI
$626.50Change from previous close: −2.26%Absolute change: −$14.50
At a glance
- Revenue growth
- +131.85%
- 2025 vs 2024
- Net margin
- -648.6%
- 2024: -946.3%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total assets | 4,854 | 4,376 | 2,860 | 362 |
| Current assets | 3,571 | 3,016 | 1,863 | 300 |
| Cash and equivalents | 2,259 | 2,269 | 1,249 | 219 |
| Short-term investments | 179 | 67.9 | 16.6 | 13.7 |
| Receivables | 345 | 378 | 237 | 8.8 |
| Inventory | 126 | 32.5 | 28.8 | 10.3 |
| Net property, plant and equipment | 656 | 866 | 788 | 41.4 |
| Goodwill | 39.4 | 39.4 | 39.4 | 0.0 |
| Other intangible assets | 51.0 | 50.4 | 54.6 | 21.0 |
| Long-term investments | 338 | 307 | 115 | 0.0 |
| Current liabilities | 12,406 | 7,838 | 3,609 | 532 |
| Accounts payable | 297 | 58.3 | 6.8 | 0.7 |
| Long-term debt | 84.6 | 0.0 | — | — |
| Total debt | 1,235 | 941 | 271 | 12.8 |
| Total liabilities | 12,965 | 8,331 | 3,843 | 542 |
| Total equity (incl. minority) | -8,111 | -3,955 | -983 | -180 |
| Retained earnings | -4,409 | -3,954 | -998 | -210 |
| Minority interest | -18.5 | 1.5 | 0.0 | 1.2 |