
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.1B | 5.2B | 3.2B | 5.1B | 4.4B | 3.4B | 4.4B | 5.2B |
| Cost of goods sold | 4.8B | 4.8B | 2.8B | 3.7B | 3.3B | 2.7B | 3.5B | 4.0B |
| Gross profit | 664.7M | 613.9M | 646.0M | 1.5B | 1.2B | 784.5M | 1.0B | 1.3B |
| Gross profit margin, % | 12.9% | 11.8% | 20.0% | 30.4% | 26.7% | 23.1% | 22.9% | 24.7% |
| Operating expense total | 751.6M | 464.9M | 633.7M | 745.2M | 567.6M | 489.4M | 381.2M | 547.7M |
| Depreciation and amortization | 464.3M | 186.9M | 198.4M | 93.8M | 100.8M | 97.3M | 137.5M | 152.9M |
| EBITDA | (103.0M) | 111.3M | (13.1M) | 801.5M | 597.7M | 295.7M | 639.1M | 759.2M |
| EBITDA margin, % | -2.0% | 2.1% | -0.4% | 15.7% | 13.7% | 8.7% | 14.4% | 14.6% |
| EBIT | (2.7B) | 122.7M | (524.1M) | 746.3M | 526.4M | 207.4M | 371.0M | 131.8M |
| EBIT margin, % | -52.4% | 2.4% | -16.3% | 14.6% | 12.0% | 6.1% | 8.3% | 2.5% |
| Interest income | 19.3M | 3.9M | 3.4M | 13.6M | 15.8M | 6.1M | 13.4M | 39.4M |
| Interest expense | 104.3M | 113.7M | 116.7M | 160.6M | 131.1M | 47.5M | 36.9M | 46.1M |
| Pre tax profit | (2.8B) | 50.6M | (633.7M) | 618.7M | 412.6M | 179.3M | 356.3M | 154.6M |
| Income tax expense | 57.6M | 43.1M | 64.4M | 121.5M | 78.4M | (25.0M) | 108.4M | (369.0K) |
| Net Income | (2.9B) | 7.5M | (698.1M) | 497.1M | 334.2M | 204.3M | 247.9M | 155.0M |