
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2B | 2.3B | 903.8M | 2.4B | 10.6B | 15.4B | 11.3B | 8.7B |
| Cost of goods sold | 2.1B | 1.9B | 941.4M | 3.6B | 10.7B | 15.3B | 10.4B | 8.3B |
| Gross profit | 120.5M | 567.4M | 170.9M | (131.1M) | 838.3M | 1.1B | 1.3B | 805.1M |
| Gross profit margin, % | 5.5% | 24.6% | 18.9% | -5.4% | 7.9% | 7.1% | 11.4% | 9.3% |
| Operating expense total | 297.4M | 568.3M | 511.7M | 662.8M | 1.0B | 882.4M | 511.0M | 474.5M |
| Depreciation and amortization | 40.0M | 214.6M | 398.8M | 648.9M | 856.4M | 816.1M | 967.6M | |
| EBITDA | (176.9M) | (1.7M) | (338.7M) | (787.8M) | (161.6M) | (77.9M) | 765.4M | 403.9M |
| EBITDA margin, % | -8.1% | -0.1% | -37.5% | -32.3% | -1.5% | -0.5% | 6.8% | 4.7% |
| EBIT | (236.1M) | (5.9M) | (472.6M) | (1.1B) | (1.1B) | (1.8B) | (207.3M) | (598.9M) |
| EBIT margin, % | -10.8% | -0.3% | -52.3% | -45.2% | -10.0% | -11.8% | -1.8% | -6.9% |
| Interest income | 28.4M | 51.3M | 72.8M | 47.2M | 65.8M | 129.9M | 130.7M | 39.1M |
| Interest expense | 22.0M | 24.7M | 19.7M | 70.4M | 191.1M | 308.7M | 331.7M | 267.3M |
| Pre tax profit | (102.3M) | 142.3M | (409.2M) | (1.1B) | (1.1B) | (2.1B) | (448.1M) | (683.4M) |
| Income tax expense | (24.1M) | 11.1M | (78.2M) | (165.2M) | (222.1M) | (266.4M) | (116.1M) | 62.8M |
| Net Income | (78.2M) | 131.2M | (331.0M) | (952.7M) | (927.0M) | (1.9B) | (332.1M) | (746.2M) |
| 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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