UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) |
6 Months Ended | ||||
|---|---|---|---|---|---|
|
Jun. 30, 2026
USD ($)
$ / shares
shares
|
Jun. 30, 2026
CNY (¥)
¥ / shares
shares
|
Jun. 30, 2025
CNY (¥)
¥ / shares
shares
|
|||
| OPERATING REVENUES | |||||
| Total operating revenues | $ 20,071,752 | ¥ 136,706,698 | ¥ 188,112,127 | ||
| COST OF REVENUES | (14,395,297) | (98,044,928) | (136,540,311) | ||
| GROSS PROFIT | 5,676,455 | 38,661,770 | 51,571,816 | ||
| OPERATING EXPENSES | |||||
| Selling expenses | (131,745) | (897,297) | (1,134,623) | ||
| General and administrative expenses | (1,915,556) | (13,046,670) | (9,061,616) | ||
| Research and development expenses | (2,810,937) | (19,145,011) | (33,470,081) | ||
| Total operating expenses | (4,858,238) | (33,088,978) | (43,666,320) | ||
| INCOME FROM OPERATIONS | 818,217 | 5,572,792 | 7,905,496 | ||
| OTHER INCOME/(EXPENSE) | |||||
| Investment income/(loss) | (33,988,272) | (231,490,719) | 25,583,543 | ||
| Interest income | 94,382 | 642,826 | 882,033 | ||
| Finance expenses, net | (70,303) | (478,832) | (446,665) | ||
| Other (expense)/income, net | (11,181) | (76,150) | 101,963 | ||
| Total other income, net | (33,975,374) | (231,402,875) | 26,120,874 | ||
| INCOME/(LOSS) BEFORE INCOME TAXES | (33,157,157) | (225,830,083) | 34,026,370 | ||
| PROVISION FOR INCOME TAXES | |||||
| Current | (471,200) | (3,209,294) | (2,290,252) | ||
| Deferred | (21,524) | (146,597) | |||
| Total provision for income tax | (492,724) | (3,355,891) | (2,290,252) | ||
| NET INCOME/(LOSS) | (33,649,881) | (229,185,974) | 31,736,118 | ||
| Less: Net income attributable to non-controlling interests | 832,774 | 5,671,941 | 5,265,527 | ||
| NET INCOME/(LOSS) ATTRIBUTABLE TO MICROALGO INC. | (34,482,655) | (234,857,915) | 26,470,591 | ||
| OTHER COMPREHENSIVE LOSS | |||||
| Foreign currency translation adjustment | (6,778,344) | (46,166,620) | (8,360,753) | ||
| COMPREHENSIVE INCOME/(LOSS) | (40,428,225) | (275,352,594) | 23,375,365 | ||
| Less: Comprehensive income attributable to non-controlling interests | 832,774 | 5,671,941 | 5,265,527 | ||
| COMPREHENSIVE INCOME ATTRIBUTABLE TO MICROALGO INC | $ (41,260,999) | ¥ (281,024,535) | ¥ 18,109,838 | ||
| WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES1 | |||||
| Basic | [1] | 12,437,461 | 12,437,461 | 2,776,005 | |
| Diluted | [1] | 12,437,461 | 12,437,461 | 2,776,005 | |
| EARNINGS PER SHARE1 | |||||
| Basic | (per share) | [1] | $ (2.77) | ¥ (18.88) | ¥ 9.54 | |
| Diluted | (per share) | [1] | $ (2.77) | ¥ (18.88) | ¥ 9.54 | |
| Service [Member] | |||||
| OPERATING REVENUES | |||||
| Total operating revenues | $ 20,071,752 | ¥ 136,706,698 | ¥ 188,112,127 | ||
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- References No definition available.
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| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of deferred federal tax expense (benefit) attributable to income (loss) from continuing operations. Includes, but is not limited to, deferred national tax expense (benefit) for non-US (United States of America) jurisdiction. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of revenue and income classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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