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 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 |
|---|---|---|---|---|---|
| Total assets | 9,645 | 4,854 | 5,101 | 4,376 | — |
| Current assets | 6,994 | 3,571 | 3,740 | 3,016 | — |
| Cash and equivalents | 3,994 | 2,259 | 2,556 | 2,269 | — |
| Short-term investments | 78.4 | 179 | 177 | 67.9 | — |
| Receivables | 875 | 345 | 234 | 378 | — |
| Inventory | 87.1 | 126 | 67.9 | 32.5 | — |
| Net property, plant and equipment | 855 | 656 | 773 | 866 | — |
| Goodwill | 284 | 39.4 | 39.4 | 39.4 | — |
| Other intangible assets | 67.8 | 51.0 | 55.4 | 50.4 | — |
| Long-term investments | 532 | 338 | 290 | 307 | — |
| Current liabilities | 3,390 | 12,406 | 10,829 | 7,838 | — |
| Accounts payable | 242 | 297 | 69.4 | 58.3 | — |
| Long-term debt | 1,435 | 84.6 | — | — | — |
| Total debt | — | 1,235 | 737 | — | — |
| Total liabilities | 5,215 | 12,965 | 11,252 | 8,331 | — |
| Total equity (incl. minority) | 4,430 | -8,111 | -6,151 | -3,955 | — |
| Retained earnings | -6,481 | -4,409 | -2,062 | -3,954 | — |
| Minority interest | 12.5 | -18.5 | -5.2 | 1.5 | — |