
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.9B | 11.3B | 13.0B | 18.2B | 16.2B | 10.5B | 10.4B | 13.3B |
| Cost of goods sold | 10.2B | 10.5B | 12.4B | 18.2B | 16.1B | 9.9B | 10.1B | 12.8B |
| Gross profit | 720.5M | 852.5M | 617.0M | 430.7M | 465.1M | 677.3M | 532.4M | 1.1B |
| Gross profit margin, % | 2.9% | 6.4% | 5.1% | 8.1% | ||||
| Operating expense total | 628.8M | 658.9M | 397.1M | 445.7M | 564.8M | 459.3M | 490.3M | 495.4M |
| Depreciation and amortization | 122.3M | 127.6M | 139.2M | 183.6M | 219.8M | 221.4M | 268.1M | 240.3M |
| EBITDA | 97.7M | 193.3M | 219.7M | 2.2M | (3.5M) | 205.6M | 39.1M | 607.4M |
| EBITDA margin, % | 0.0% | 2.0% | 0.4% | 4.6% | ||||
| EBIT | (62.0M) | 5.7M | 113.9M | (225.8M) | (353.3M) | (143.9M) | (296.0M) | 55.0M |
| EBIT margin, % | -2.2% | -1.4% | -2.8% | 0.4% | ||||
| Interest income | 4.6M | 11.2M | 9.0M | 6.2M | 19.6M | 14.5M | 11.0M | 8.9M |
| Interest expense | 63.2M | 73.2M | 80.5M | 98.6M | 103.2M | 103.0M | 93.5M | 109.9M |
| Pre tax profit | 16.5M | 29.0M | 29.7M | (319.3M) | (295.6M) | (248.2M) | (382.0M) | (46.9M) |
| Income tax expense | (12.7M) | (21.0M) | (9.9M) | (9.5M) | 24.5M | 29.8M | 14.7M | (8.0M) |
| Net Income | 29.2M | 50.0M | 39.6M | (309.7M) | (320.0M) | (277.9M) | (396.8M) | (38.9M) |