"at a loss" can be very different depending on : - is it pure marginal cost ? - do you include a part of R&D cost ? - do you factor large capex (factory, stampi

"at a loss" can be very different depending on : - is it pure marginal cost ? - do you include a part of R&D cost ? - do you factor large capex (factory, stamping press, and silicon fab in related industries ) - how do you compute depreciation ? When you see the gap between accounting in the West and "accounting" in China, "at a loss" has no meaning at all.