
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.8B | 33.8B | 21.7B | 23.4B | 19.2B | 12.5B | 8.2B | 5.5B |
| Cost of goods sold | 22.2B | 28.6B | 16.5B | 17.6B | 14.2B | 8.9B | 6.3B | 4.5B |
| Gross profit | 5.6B | 5.3B | 5.2B | 5.9B | 5.0B | 3.6B | 1.9B | 1.0B |
| Gross profit margin, % | 20.1% | 15.7% | 24.1% | 25.1% | 26.0% | 28.9% | 23.5% | 18.7% |
| Operating expense total | 2.0B | 2.5B | 2.4B | 2.3B | 2.3B | 2.2B | 1.7B | 1.4B |
| Depreciation and amortization | 261.7M | 549.2M | 392.3M | 551.8M | 505.6M | 637.1M | 582.1M | 721.2M |
| EBITDA | 3.6B | 2.8B | 2.9B | 3.6B | 2.7B | 1.4B | 222.5M | (382.1M) |
| EBITDA margin, % | 12.9% | 8.4% | 13.2% | 15.3% | 14.3% | 11.3% | 2.7% | -7.0% |
| EBIT | 3.1B | 3.0B | 2.1B | 2.8B | 2.3B | 430.0M | (331.4M) | (1.1B) |
| EBIT margin, % | 11.0% | 8.8% | 9.6% | 11.8% | 12.1% | 3.4% | -4.0% | -20.3% |
| Interest income | 97.6M | 79.5M | 87.0M | 74.0M | 67.5M | 88.6M | 98.5M | 117.4M |
| Interest expense | 102.9M | 143.4M | 201.9M | 157.4M | 20.5M | 27.2M | 23.3M | 18.5M |
| Pre tax profit | 3.4B | 3.0B | 2.4B | 2.7B | 2.4B | 774.7M | 62.6M | (898.9M) |
| Income tax expense | 579.2M | 571.2M | 314.6M | 460.5M | 361.6M | 123.2M | 85.2M | 15.8M |
| Net Income | 2.8B | 2.4B | 2.1B | 2.2B | 2.1B | 651.6M | (22.6M) | (914.8M) |
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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