
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.9B | 21.5B | 11.4B | 11.4B | 12.6B | 15.9B | 19.1B | 20.2B |
| Cost of goods sold | 19.3B | 21.0B | 10.9B | 10.5B | 11.9B | 15.1B | 17.9B | 18.5B |
| Gross profit | (114.2M) | 803.6M | 728.4M | 1.2B | 857.8M | 1.0B | 1.5B | 2.0B |
| Gross profit margin, % | -0.6% | 3.7% | 6.4% | 10.3% | 6.8% | 6.6% | 7.7% | 9.9% |
| Operating expense total | 1.4B | 1.1B | 843.1M | 945.8M | 1.5B | (1.6B) | 1.2B | 1.4B |
| Depreciation and amortization | 770.4M | 784.6M | 377.4M | 299.5M | 355.3M | 3.0B | 387.9M | 543.3M |
| EBITDA | (1.5B) | (279.2M) | (11.6M) | 242.4M | (19.5M) | 2.6B | 258.2M | 613.4M |
| EBITDA margin, % | -8.0% | -1.3% | -0.1% | 2.1% | -0.2% | 16.6% | 1.3% | 3.0% |
| EBIT | (2.2B) | 1.1B | (182.1M) | 34.2M | (367.7M) | (299.4M) | (171.2M) | 150.1M |
| EBIT margin, % | -11.7% | 5.1% | -1.6% | 0.3% | -2.9% | -1.9% | -0.9% | 0.7% |
| Interest income | 235.7M | 229.4M | 254.0M | 254.5M | 442.0M | 382.8M | 360.1M | 359.4M |
| Interest expense | 370.3M | 364.2M | 155.8M | 132.1M | 153.1M | 114.7M | 113.7M | 112.3M |
| Pre tax profit | (2.5B) | 991.1M | 3.7B | 115.1M | 700.1M | 73.1M | 393.2M | 1.2B |
| Income tax expense | 13.9M | 62.5M | 24.9M | 11.0M | (9.9M) | (113.0K) | (77.5M) | 45.0M |
| Net Income | (2.5B) | 928.5M | 3.6B | 104.2M | 710.1M | 73.2M | 470.7M | 1.1B |
| 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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