
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8B | 4.0B | 8.2B | 12.4B | 13.5B | 14.9B | 14.4B | 12.6B |
| Cost of goods sold | 1.7B | 3.9B | 7.8B | 11.8B | 12.6B | 14.1B | 13.6B | 11.8B |
| Gross profit | 115.5M | 47.9M | 387.6M | 650.3M | 880.8M | 870.8M | 854.6M | 743.2M |
| Gross profit margin, % | 6.5% | 1.2% | 4.7% | 5.2% | 6.5% | 5.8% | 5.9% | 5.9% |
| Operating expense total | 504.6M | 529.7M | 846.8M | 1.3B | 1.2B | 1.2B | 835.5M | 733.7M |
| Depreciation and amortization | 11.3M | 11.7M | 14.0M | 27.2M | 40.8M | 21.8M | 17.0M | 11.8M |
| EBITDA | (389.1M) | (481.8M) | (459.3M) | (614.9M) | (330.2M) | (328.3M) | 19.1M | 9.5M |
| EBITDA margin, % | -21.8% | -12.2% | -5.6% | -4.9% | -2.4% | -2.2% | 0.1% | 0.1% |
| EBIT | (388.8M) | (492.7M) | (470.2M) | (627.2M) | (362.9M) | (342.5M) | 1.5M | 8.7M |
| EBIT margin, % | -21.8% | -12.5% | -5.7% | -5.0% | -2.7% | -2.3% | 0.0% | 0.1% |
| Interest income | 4.4M | 4.8M | 6.3M | 9.8M | 8.1M | 8.8M | 7.0M | 3.9M |
| Interest expense | 3.6M | 8.8M | 5.5M | 13.4M | 20.1M | 28.3M | 35.6M | |
| Pre tax profit | (382.0M) | (501.8M) | (467.1M) | (621.0M) | (376.1M) | (353.2M) | (20.7M) | (22.5M) |
| Income tax expense | 8.0K | 251.0K | 96.0K | 13.0K | ||||
| Net Income | (382.0M) | (501.8M) | (467.1M) | (621.0M) | (376.1M) | (353.4M) | (20.8M) | (22.5M) |