GOLDENSOLAR (01121) has announced its financial results for the year 2025. The company reported revenue of approximately RMB 155 million, representing a decrease of 38.81% compared to the previous year. The net loss amounted to approximately RMB 308 million, which is an increase of 11% year-on-year. The loss per share was 16.763 cents.
According to the announcement, the net loss was primarily attributable to general and administrative expenses of approximately RMB 238.4 million for the 2025 financial year. A significant component of these expenses was a non-cash, share-based payment charge of approximately RMB 137 million. This charge arose from share options granted by the company in 2022, 2023, and 2025. It is important to note that this is a non-cash accounting item and does not impact the group's cash flow.
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