
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.9B | 4.0B | 5.9B | 6.6B | 3.5B | 6.4B | 4.7B | 3.2B |
| Cost of goods sold | 2.0B | 2.9B | 4.5B | 5.3B | 3.1B | 4.8B | 3.7B | 2.2B |
| Gross profit | 905.1M | 1.1B | 1.5B | 1.4B | 463.1M | 1.7B | 1.1B | 1.1B |
| Gross profit margin, % | 31.2% | 27.9% | 24.7% | 20.9% | 13.3% | 26.0% | 23.2% | 34.9% |
| Operating expense total | 183.5M | 225.5M | 444.9M | 343.0M | 450.1M | 718.4M | 667.6M | 413.0M |
| Depreciation and amortization | 19.6M | 18.4M | 19.1M | 33.3M | 90.5M | 46.2M | 46.6M | 64.6M |
| EBITDA | 721.3M | 893.4M | 1.1B | 1.1B | 188.5M | 894.9M | 325.1M | 596.4M |
| EBITDA margin, % | 24.9% | 22.2% | 18.8% | 16.0% | 5.4% | 13.9% | 7.0% | 18.6% |
| EBIT | 707.8M | 776.7M | 1.1B | 898.3M | (2.2B) | 650.7M | (263.1M) | 145.1M |
| EBIT margin, % | 24.4% | 19.3% | 18.2% | 13.5% | -63.9% | 10.1% | -5.6% | 4.5% |
| Interest income | 13.1M | 27.6M | 26.2M | 22.3M | 19.6M | 97.5M | 103.3M | 92.8M |
| Interest expense | 58.8M | 102.7M | 489.0M | 483.3M | 495.8M | 537.9M | 642.1M | 579.9M |
| Pre tax profit | 676.0M | 708.1M | 720.4M | 460.8M | (2.5B) | 142.6M | (895.7M) | (349.9M) |
| Income tax expense | 164.2M | 181.6M | 162.8M | 146.2M | 169.6M | 210.1M | 233.7M | 303.9M |
| Net Income | 511.8M | 526.4M | 557.7M | 314.6M | (2.7B) | (67.5M) | (1.1B) | (653.8M) |