Company level financial information (Tables)
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12 Months Ended |
Dec. 31, 2025 |
| Company level financial information |
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| Summary of condensed statements of profit or loss |
| | | | | | | | | | | For the year | | For the six | | For the year | | For the year | | | ended | | months ended | | ended | | ended | | | June 30, | | December 31, | | December 31, | | December 31, | | | 2023 | | 2023 | | 2024 | | 2025 | | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | Other income | | 6,468 | | 10,433 | | 12,719 | | 5,539 | General and administrative expenses | | (37,854) | | (20,345) | | (20,138) | | (14,582) | Other net (loss)/income | | (11,418) | | 5,558 | | (554) | | 63,113 | Operating (loss)/income | | (42,804) | | (4,354) | | (7,973) | | 54,070 | Finance income/(costs) | | 25,608 | | 44,400 | | 8,750 | | (160,205) | Other expenses | | — | | — | | — | | (70,332) | (Loss)/profit before taxation | | (17,196) | | 40,046 | | 777 | | (176,467) | Income tax expense | | — | | (3,137) | | — | | (1,543) | (Loss)/profit for the year/period | | (17,196) | | 36,909 | | 777 | | (178,010) |
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| Summary of condensed statements of profit or loss and other comprehensive income |
| | | | | | | | | | | For the year | | For the | | For the year | | For the year | | | ended | | six months ended | | ended | | ended | | | June 30, | | December 31, | | December 31, | | December 31, | | | 2023 | | 2023 | | 2024 | | 2025 | | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | (Loss)/profit for the year/period | | (17,196) | | 36,909 | | 777 | | (178,010) | Items that may be reclassified subsequently to profit or loss: | | | | | | | | | Exchange differences on translation of financial statements of the Company | | 383,743 | | (86,224) | | 36,184 | | 1,584 | Other comprehensive income/(loss) for the year/period | | 383,743 | | (86,224) | | 36,184 | | 1,584 | Total comprehensive income/(loss) for the year/period | | 366,547 | | (49,315) | | 36,961 | | (176,426) |
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| Summary of condensed statements of financial position |
| | | | | | | | | | | As at December 31, | | | Note | | 2024 | | 2025 | | | | | RMB’000 | | RMB’000 | ASSETS | | | | | | | Non-current assets | | | | | | | Investments in subsidiaries | | | | | | | - Cost-accounted investments in subsidiaries | | | | 2,288,729 | | 3,460,965 | - Amounts due from subsidiaries | | | | 723,420 | | 1,006,137 | Financial derivative assets | | | | — | | 774,103 | | | | | | | | | | | | 3,012,149 | | 5,241,205 | Current assets | | | | | | | Other receivables | | | | 4,094 | | 215 | Cash and cash equivalents | | | | 8,706 | | 2,036,747 | | | | | 12,800 | | 2,036,962 | | | | | | | | Total assets | | | | 3,024,949 | | 7,278,167 | | | | | | | | EQUITY | | | | | | | Share capital | | 26(a) | | 94 | | 94 | Additional paid-in capital | | 26(a) | | 4,686,201 | | 2,908,972 | Other reserves | | | | (1,290,819) | | 403,687 | Accumulated losses | | | | (689,124) | | (867,134) | | | | | | | | Total equity | | | | 2,706,352 | | 2,445,619 | | | | | | | | LIABILITIES | | | | | | | Non-current liabilities | | | | | | | Loans and borrowings | | | | — | | 2,406,744 | Financial derivative liabilities | | | | — | | 1,184,050 | | | | | — | | 3,590,794 | Current liabilities | | | | | | | Other payables | | | | 313,221 | | 1,241,754 | Deferred income | | | | 5,376 | | — | | | | | | | | | | | | 318,597 | | 1,241,754 | | | | | | | | Total liabilities | | | | 318,597 | | 4,832,548 | | | | | | | | Total equity and liabilities | | | | 3,024,949 | | 7,278,167 |
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| Summary of condensed statements of cash flows |
| | | | | | | | | | | For the year | | For the | | For the year | | For the year | | | ended | | six months ended | | ended | | ended | | | June 30, | | December 31, | | December 31, | | December 31, | | | 2023 | | 2023 | | 2024 | | 2025 | | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | Net cash used in operating activities | | (43,240) | | (22,277) | | (19,192) | | (11,661) | Net cash from/(used in) investing activities | | 528,830 | | 259,852 | | 932,096 | | (220,726) | Net cash from/(used in) financing activities | | 43,396 | | (1,083,077) | | (1,276,775) | | 2,283,638 | Net increase/(decrease) in cash and cash equivalents | | 528,986 | | (845,502) | | (363,871) | | 2,051,251 | Cash and cash equivalents at beginning of the year/period | | 646,921 | | 1,225,474 | | 372,459 | | 8,706 | Effect of movements in exchange rates on cash held | | 49,567 | | (7,513) | | 118 | | (23,210) | Cash and cash equivalents at end of the year/period | | 1,225,474 | | 372,459 | | 8,706 | | 2,036,747 |
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