
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 2.8B | 1.2B | 1.1B | 749.0M | 1.5B | 1.6B | 4.0B |
| Cost of goods sold | 1.0B | 1.6B | 544.4M | 720.8M | 610.7M | 929.1M | 987.6M | 1.4B |
| Gross profit | 477.2M | 1.3B | 613.1M | 444.1M | 142.6M | 614.7M | 595.3M | 2.7B |
| Gross profit margin, % | 44.9% | 53.2% | 38.9% | 19.0% | 39.9% | 37.7% | 66.3% | |
| Operating expense total | 365.8M | 661.5M | 63.7M | 251.9M | 655.1M | 223.9M | 99.8M | 669.9M |
| Depreciation and amortization | 232.8M | 9.2M | 5.6M | 5.6M | 5.2M | 4.4M | 4.1M | 36.8M |
| EBITDA | 128.8M | 934.8M | 479.5M | (103.8M) | (600.0M) | 449.8M | 433.2M | 2.1B |
| EBITDA margin, % | 33.2% | 41.6% | -9.1% | -80.1% | 29.2% | 27.4% | 51.4% | |
| EBIT | (332.8M) | 734.9M | 365.1M | (16.5M) | (683.4M) | 388.5M | 388.9M | 1.9B |
| EBIT margin, % | 26.1% | 31.7% | -1.4% | -91.2% | 25.2% | 24.6% | 46.2% | |
| Interest income | 67.0M | 27.1M | 30.0M | 46.1M | 28.9M | 46.2M | 31.3M | 29.0M |
| Interest expense | 85.0M | 55.7M | 31.3M | 4.0M | 3.6M | 4.2M | 3.6M | 3.0M |
| Pre tax profit | 1.9B | 1.1B | 323.4M | (247.9M) | (724.6M) | 492.0M | 358.1M | 2.0B |
| Income tax expense | 565.8M | 165.9M | 35.3M | 66.5M | (883.0K) | 72.8M | 66.8M | 337.8M |
| Net Income | 1.4B | 946.6M | 288.1M | (314.4M) | (723.8M) | 419.3M | 291.3M | 1.6B |