
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 468.4M | 254.1M | 250.4M | 376.3M | 595.8M | 750.1M | 1.1B | 1.2B |
| Cost of goods sold | 405.2M | 234.9M | 183.6M | 302.8M | 481.9M | 593.6M | 800.6M | 967.6M |
| Gross profit | 63.2M | 19.2M | 68.8M | 78.1M | 120.3M | 164.3M | 267.9M | 279.6M |
| Gross profit margin, % | 13.5% | 7.6% | 27.5% | 20.8% | 20.2% | 21.9% | 25.2% | 22.5% |
| Operating expense total | 6.1M | 1.9M | 2.1M | 10.2M | 4.5M | 11.5M | 36.7M | 46.5M |
| Depreciation and amortization | 23.0M | 30.5M | 31.5M | 33.4M | 36.8M | 46.3M | 59.0M | 54.0M |
| EBITDA | 57.1M | 17.3M | 66.6M | 67.9M | 115.8M | 152.8M | 231.1M | 233.1M |
| EBITDA margin, % | 12.2% | 6.8% | 26.6% | 18.0% | 19.4% | 20.4% | 21.8% | 18.8% |
| EBIT | 44.0M | (24.6M) | 38.5M | 39.1M | 77.4M | 100.8M | 176.4M | 201.3M |
| EBIT margin, % | 9.4% | -9.7% | 15.4% | 10.4% | 13.0% | 13.4% | 16.6% | 16.2% |
| Interest income | 251.0K | 27.0K | 126.0K | 46.0K | 67.0K | 132.0K | 153.0K | 369.0K |
| Interest expense | 3.1M | 6.5M | 7.3M | 10.8M | 11.2M | 15.7M | 28.9M | 39.0M |
| Pre tax profit | 40.9M | (31.2M) | 31.0M | 27.7M | 66.1M | 84.2M | 149.2M | 164.9M |
| Income tax expense | (449.0K) | (198.0K) | (2.0M) | 479.0K | 7.7M | 11.1M | 21.4M | 25.2M |
| Net Income | 41.3M | (31.0M) | 33.0M | 27.3M | 58.4M | 73.2M | 127.8M | 139.7M |