
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5B | 2.2B | 3.2B | 3.1B | 3.5B | 3.8B | 3.1B | 1.9B |
| Cost of goods sold | 1.7B | 1.5B | 2.2B | 2.2B | 2.6B | 2.9B | 2.3B | 1.6B |
| Gross profit | 799.0M | 683.2M | 959.7M | 973.6M | 942.4M | 893.4M | 851.7M | 360.2M |
| Gross profit margin, % | 31.9% | 31.3% | 30.4% | 31.6% | 26.7% | 23.6% | 27.4% | 18.5% |
| Operating expense total | 380.1M | 419.4M | 436.4M | 619.8M | 493.9M | 467.6M | 440.9M | 459.1M |
| Depreciation and amortization | 60.9M | 565.1M | 91.5M | 245.2M | 103.0M | 219.9M | 272.0M | 196.7M |
| EBITDA | 419.5M | 268.1M | 525.3M | 352.5M | 443.9M | 422.7M | 404.9M | (99.2M) |
| EBITDA margin, % | 16.8% | 12.3% | 16.6% | 11.4% | 12.6% | 11.2% | 13.0% | -5.1% |
| EBIT | 297.7M | (282.1M) | 401.3M | (476.8M) | 309.5M | 147.3M | 89.3M | (428.4M) |
| EBIT margin, % | 11.9% | -12.9% | 12.7% | -15.5% | 8.8% | 3.9% | 2.9% | -22.0% |
| Interest income | 6.0M | 6.9M | 12.6M | 11.9M | 7.4M | 61.9M | 70.0M | 59.6M |
| Interest expense | 29.9M | 66.7M | 69.8M | 72.9M | 82.4M | 94.0M | 131.9M | 104.6M |
| Pre tax profit | 255.6M | (337.7M) | 358.2M | (525.7M) | 246.4M | 115.0M | 27.2M | (758.7M) |
| Income tax expense | 41.7M | 5.6M | 45.3M | (22.9M) | 38.8M | 2.6M | 5.9M | (93.6M) |
| Net Income | 213.8M | (343.3M) | 312.8M | (502.8M) | 207.5M | 112.4M | 21.3M | (665.1M) |