
Revenue
FY, 2025
| CNY | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 363.2M | 737.5M | 2.0B | 2.1B | 2.4B | 3.5B | 4.3B |
| Cost of goods sold | 303.8M | 593.3M | 1.4B | 1.7B | 2.1B | 3.0B | 3.7B |
| Gross profit | 59.9M | 152.2M | 659.3M | 472.0M | 326.6M | 618.3M | 709.1M |
| Gross profit margin, % | 16.5% | 20.6% | 32.4% | 22.0% | 13.7% | 17.5% | 16.5% |
| Operating expense total | 82.9M | 39.4M | (12.1M) | (150.4M) | (80.0M) | (195.1M) | (484.1M) |
| Depreciation and amortization | 33.6M | 91.5M | 262.0M | 433.9M | 493.1M | 717.9M | 1.1B |
| EBITDA | (23.0M) | 112.8M | 671.4M | 622.3M | 406.6M | 813.4M | 1.2B |
| EBITDA margin, % | -6.3% | 15.3% | 32.9% | 28.9% | 17.1% | 23.1% | 27.7% |
| EBIT | (34.3M) | 31.8M | 427.2M | 259.7M | (11.0M) | 220.1M | 257.2M |
| EBIT margin, % | -9.4% | 4.3% | 21.0% | 12.1% | -0.5% | 6.2% | 6.0% |
| Interest income | 150.0K | 1.0M | 3.1M | 6.1M | 22.5M | 51.9M | 38.1M |
| Interest expense | 7.2M | 29.8M | 80.6M | 120.1M | 162.8M | 235.6M | 250.7M |
| Pre tax profit | (42.2M) | 29.0M | 355.8M | 137.3M | (167.8M) | 20.5M | 35.6M |
| Income tax expense | (2.6M) | 1.1M | 33.7M | (113.0K) | (32.6M) | (19.0M) | (3.6M) |
| Net Income | (39.6M) | 27.9M | 322.1M | 137.4M | (135.2M) | 39.5M | 39.1M |
| 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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