XML 12 R4.htm IDEA: XBRL DOCUMENT v3.24.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
$ in Thousands
 6 Months Ended
Jun. 30, 2024
CNY (¥)
¥ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2023
CNY (¥)
¥ / shares
shares
Revenues      
Total revenues ¥ 2,195,317,000 $ 302,086 ¥ 1,736,601,000
Total cost of revenues (1,699,542,000) (233,865) (1,223,102,000)
Gross profit 495,775,000 68,221 513,499,000
Research and development expenses (including related parties amounts of RMB5,610 and RMB10,323 for the periods ended June 30, 2023 and 2024, respectively) (573,367,000) (78,898) (481,600,000)
Selling, general and administrative expenses (including related parties amounts of RMB2,131 and RMB8,632 for the periods ended June 30, 2023 and 2024, respectively) (408,290,000) (56,183) (414,769,000)
Other income - related parties 0 0 7,055,000
Others, net 236,000 32 (688,000)
Total operating expenses (981,421,000) (135,049) (890,002,000)
Loss from operation (485,646,000) (66,828) (376,503,000)
Interest income (including related parties amounts of RMB6,771 and RMB5,899 for the periods ended June 30, 2023 and 2024, respectively) 11,206,000 1,542 17,885,000
Interest expense (including related parties amounts of RMB6,116 and RMB7,706 for the periods ended June 30, 2023 and 2024, respectively) (45,495,000) (6,260) (38,228,000)
Loss from equity method investments (67,605,000) (9,303) (25,414,000)
Other non-operating income (expenses), net (22,979,000) (3,161) 16,719,000
Loss before income taxes (610,519,000) (84,010) (405,541,000)
Income tax (expense) benefit 198,000 27 (326,000)
Net loss 610,321,000 83,983 405,867,000
Net loss attributable to non-controlling interests 39,775,000 5,473 30,741,000
Net loss attributable to Ecarx Holdings Inc. ordinary shareholders ¥ (570,546,000) $ (78,510) ¥ (375,126,000)
Loss per ordinary share      
Basic (in CNY per share) | (per share) ¥ (1.69) $ (0.23) ¥ (1.11)
Diluted (in CNY per share) | (per share) ¥ (1.69) $ (0.23) ¥ (1.11)
Weighted average number of ordinary shares used in computing loss per ordinary share      
Basic (in shares) | shares 337,935,301 337,935,301 337,395,390
Diluted (in shares) | shares 337,935,301 337,935,301 337,395,390
Other comprehensive income (loss):      
Foreign currency translation adjustments, net of nil income taxes ¥ (13,485,000) $ (1,856) ¥ 48,975,000
Comprehensive loss (623,806,000) (85,839) (356,892,000)
Comprehensive loss attributable to non-controlling interests 39,775,000 5,473 30,741,000
Comprehensive loss attributable to ordinary shareholders (584,031,000) (80,366) (326,151,000)
Related Party      
Revenues      
Total revenues 1,924,865,000   1,439,678,000
Research and development expenses (including related parties amounts of RMB5,610 and RMB10,323 for the periods ended June 30, 2023 and 2024, respectively) (10,323,000)   (5,610,000)
Selling, general and administrative expenses (including related parties amounts of RMB2,131 and RMB8,632 for the periods ended June 30, 2023 and 2024, respectively) (8,632,000)   (2,131,000)
Interest income (including related parties amounts of RMB6,771 and RMB5,899 for the periods ended June 30, 2023 and 2024, respectively) 5,899,000   6,771,000
Interest expense (including related parties amounts of RMB6,116 and RMB7,706 for the periods ended June 30, 2023 and 2024, respectively) (7,706,000)   (6,116,000)
Sales of goods revenues      
Revenues      
Total revenues 1,700,670,000 234,020 1,264,263,000
Total cost of revenues (1,433,028,000) (197,191) (1,000,190,000)
Sales of goods revenues | Related Party      
Revenues      
Total revenues 1,470,170,000   1,018,256,000
Total cost of revenues (245,787,000)   (143,725,000)
Software license revenues      
Revenues      
Total revenues 131,832,000 18,141 215,641,000
Total cost of revenues (44,126,000) (6,072) (37,210,000)
Software license revenues | Related Party      
Revenues      
Total revenues 92,923,000   164,995,000
Total cost of revenues (24,744,000)   (11,061,000)
Service      
Revenues      
Total revenues 362,815,000 49,925 256,697,000
Total cost of revenues (222,388,000) $ (30,602) (185,702,000)
Service | Related Party      
Revenues      
Total revenues 361,772,000   256,427,000
Total cost of revenues ¥ (14,178,000)   ¥ (31,938,000)