
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.1B | 3.3B | 3.2B | 1.7B | 1.4B | 2.1B | 2.7B | 3.4B |
| Cost of goods sold | 3.0B | 2.8B | 2.8B | 1.7B | 1.4B | 2.0B | 2.5B | 3.2B |
| Gross profit | 125.1M | 520.6M | 387.7M | 104.8M | 67.2M | 160.6M | 260.2M | 221.4M |
| Gross profit margin, % | 15.7% | 12.1% | 6.0% | 4.6% | 7.6% | 9.7% | 6.6% | |
| Operating expense total | 374.9M | 409.2M | 587.6M | 372.5M | 269.8M | 307.6M | 277.6M | 371.8M |
| Depreciation and amortization | 75.4M | 73.3M | 67.6M | 67.2M | 70.0M | 61.8M | 63.3M | 60.9M |
| EBITDA | (262.3M) | 104.9M | (202.3M) | (260.6M) | (196.9M) | (142.4M) | (12.9M) | (145.7M) |
| EBITDA margin, % | 3.2% | -6.3% | -15.0% | -13.6% | -6.8% | -0.5% | -4.3% | |
| EBIT | (650.4M) | 60.1M | 137.9M | (250.1M) | (235.6M) | (171.5M) | (15.0M) | (81.2M) |
| EBIT margin, % | 1.8% | 4.3% | -14.4% | -16.3% | -8.1% | -0.6% | -2.4% | |
| Interest income | 12.3M | 8.0M | 4.6M | 9.2M | 6.2M | 5.9M | 15.9M | 27.8M |
| Interest expense | 89.9M | 102.3M | 72.0M | 44.5M | 41.0M | 15.1M | 3.5M | 4.9M |
| Pre tax profit | (737.5M) | 55.1M | 100.6M | (281.4M) | (257.5M) | (171.3M) | 10.9M | (57.5M) |
| Income tax expense | 138.2M | 7.3M | (554.0K) | 1.7M | 1.3M | 81.0K | 697.0K | |
| Net Income | (875.7M) | 47.8M | 101.2M | (283.1M) | (258.8M) | (171.3M) | 10.9M | (58.2M) |