
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.1B | 1.0B | 1.1B | 1.6B | 990.8M | 308.3M | 356.8M |
| Cost of goods sold | 384.5M | 450.2M | 403.5M | 468.5M | 616.4M | 522.7M | 207.6M | 275.9M |
| Gross profit | 849.7M | 699.6M | 617.5M | 655.8M | 986.8M | 468.1M | 100.7M | 80.9M |
| Gross profit margin, % | 68.8% | 60.8% | 60.7% | 58.5% | 61.5% | 47.2% | 32.7% | 22.7% |
| Operating expense total | 195.0M | 327.8M | 324.9M | 279.3M | 373.5M | 314.0M | 225.6M | 241.1M |
| Depreciation and amortization | 193.4M | 342.8M | 515.7M | 253.7M | 326.2M | 498.4M | 260.5M | 357.9M |
| EBITDA | 654.8M | 371.7M | 291.1M | 376.3M | 613.1M | 154.2M | (124.9M) | (160.2M) |
| EBITDA margin, % | 53.1% | 32.3% | 28.6% | 33.6% | 38.2% | 15.6% | -40.5% | -44.9% |
| EBIT | 461.4M | 28.9M | (228.2M) | 111.6M | 286.9M | (344.2M) | (385.8M) | (518.1M) |
| EBIT margin, % | 37.4% | 2.5% | -22.4% | 10.0% | 17.9% | -34.7% | -125.1% | -145.2% |
| Interest income | 373.0K | 775.0K | 2.8M | 1.9M | 575.0K | 2.1M | 627.0K | 11.0K |
| Interest expense | 93.2M | 92.2M | 165.0M | 161.6M | 152.6M | 142.6M | 153.1M | 154.6M |
| Pre tax profit | 368.6M | (62.5M) | (397.8M) | (46.1M) | 132.1M | (489.2M) | (543.9M) | (673.5M) |
| Income tax expense | 117.3M | 19.9M | (40.6M) | 50.4M | 58.1M | 30.5M | 24.8M | 52.8M |
| Net Income | 251.3M | (82.4M) | (357.2M) | (96.5M) | 73.9M | (519.7M) | (568.7M) | (726.3M) |