
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 545.7M | 669.2M | 2.0B | 2.3B | 26.3B | 3.1B | 2.6B | 1.4B |
| Cost of goods sold | 394.9M | 502.9M | 877.5M | 875.5M | 5.4B | 1.2B | 760.2M | 494.0M |
| Gross profit | 164.3M | 199.4M | 1.1B | 1.5B | 20.9B | 2.0B | 1.8B | 869.0M |
| Gross profit margin, % | 30.1% | 29.8% | 56.5% | 64.9% | 79.8% | 64.3% | 71.0% | 64.2% |
| Operating expense total | 235.3M | 295.6M | 603.1M | 505.9M | 2.2B | 1.1B | 1.1B | 1.1B |
| Depreciation and amortization | 143.1M | 149.5M | 214.5M | 56.0M | 238.8M | 290.3M | 79.5M | 48.6M |
| EBITDA | (67.1M) | (96.3M) | 520.1M | 1.0B | 18.8B | 924.1M | 752.1M | (256.9M) |
| EBITDA margin, % | -12.3% | -14.4% | 26.1% | 43.2% | 71.4% | 29.5% | 29.2% | -19.0% |
| EBIT | (129.9M) | 18.0M | (59.0M) | 956.7M | 18.0B | 830.1M | 1.4B | 1.8B |
| EBIT margin, % | -23.8% | 2.7% | -3.0% | 41.0% | 68.4% | 26.5% | 54.0% | 131.3% |
| Interest income | 14.8M | 9.5M | 9.6M | 16.8M | 180.6M | 174.6M | 88.0M | 139.1M |
| Interest expense | 6.9M | 8.3M | 7.0M | 13.3M | 4.8M | 12.4M | 67.2M | 113.5M |
| Pre tax profit | (4.9M) | 18.4M | 239.8M | 999.6M | 18.3B | 1.6B | 2.1B | 2.5B |
| Income tax expense | (2.1M) | (8.7M) | 2.9M | 65.2M | 1.8B | 231.1M | 306.8M | 257.8M |
| Net Income | (2.9M) | 27.1M | 236.8M | 934.4M | 16.5B | 1.4B | 1.8B | 2.3B |
| 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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