
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0B | 4.7B | 6.2B | 8.6B | 15.3B | 21.2B | 18.4B | 15.3B |
| Cost of goods sold | 2.0B | 3.3B | 3.3B | 5.6B | 12.0B | 16.8B | 15.8B | 12.9B |
| Gross profit | 1.1B | 1.5B | 2.9B | 3.0B | 3.3B | 4.5B | 2.7B | 2.5B |
| Gross profit margin, % | 31.4% | 46.3% | 35.3% | 21.5% | 21.2% | 14.6% | 16.2% | |
| Operating expense total | 363.1M | 253.1M | 363.3M | 183.7M | (423.6M) | (770.2M) | (951.3M) | (1.1B) |
| Depreciation and amortization | 246.3M | 340.0M | 466.9M | 537.8M | 1.4B | 1.8B | 2.2B | 2.1B |
| EBITDA | 708.4M | 1.2B | 2.5B | 2.9B | 3.7B | 5.3B | 3.7B | 3.6B |
| EBITDA margin, % | 26.0% | 40.4% | 33.2% | 24.3% | 25.0% | 19.9% | 23.3% | |
| EBIT | 470.6M | 908.9M | 2.0B | 2.4B | 2.4B | 3.5B | 1.5B | 1.5B |
| EBIT margin, % | 19.3% | 32.6% | 27.8% | 15.6% | 16.6% | 8.0% | 9.5% | |
| Interest income | 18.6M | 17.9M | 16.4M | 37.3M | 59.3M | 102.6M | 126.0M | 78.5M |
| Interest expense | 25.8M | 65.4M | 80.3M | 90.3M | 338.2M | 590.7M | 569.8M | 514.7M |
| Pre tax profit | 469.8M | 862.7M | 1.9B | 2.4B | 2.2B | 3.1B | 1.1B | 1.1B |
| Income tax expense | 58.8M | 145.4M | 245.1M | 260.3M | 30.1M | 288.8M | 112.4M | 87.6M |
| Net Income | 410.9M | 717.2M | 1.6B | 2.1B | 2.1B | 2.8B | 1.0B | 992.6M |