
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.1B | 3.4B | 3.1B | 2.8B | 3.2B | 3.2B | 2.5B | 2.8B |
| Cost of goods sold | 2.7B | 3.2B | 3.1B | 2.3B | 2.8B | 2.9B | 2.0B | 2.0B |
| Gross profit | 399.0M | 233.1M | 102.1M | 680.6M | 611.7M | 422.6M | 717.4M | 1.0B |
| Gross profit margin, % | 6.9% | 3.3% | 24.2% | 19.0% | 13.3% | 28.5% | 36.2% | |
| Operating expense total | 94.5M | 92.7M | 41.3M | 100.6M | 112.9M | 122.8M | 114.4M | 136.0M |
| Depreciation and amortization | 140.5M | 213.9M | 173.1M | 139.9M | 143.6M | 167.6M | 174.6M | 184.0M |
| EBITDA | 304.5M | 140.5M | 60.7M | 570.2M | 498.3M | 298.3M | 593.2M | 879.6M |
| EBITDA margin, % | 4.1% | 2.0% | 20.3% | 15.4% | 9.4% | 23.5% | 31.2% | |
| EBIT | 148.0M | 76.4M | 120.8M | 412.3M | 359.8M | 137.1M | 388.5M | 614.5M |
| EBIT margin, % | 2.3% | 3.9% | 14.7% | 11.2% | 4.3% | 15.4% | 21.8% | |
| Interest income | 15.8M | 17.8M | 21.5M | 25.5M | 24.9M | 37.9M | 19.8M | 8.2M |
| Interest expense | 24.5M | 27.1M | 70.2M | 66.0M | 64.2M | 64.3M | 51.1M | 35.9M |
| Pre tax profit | 138.4M | 67.2M | 75.1M | 365.9M | 319.5M | 105.7M | 343.2M | 579.3M |
| Income tax expense | 55.1M | 10.7M | 12.0M | 81.4M | 20.2M | 39.8M | 69.0M | 106.8M |
| Net Income | 83.3M | 56.5M | 63.0M | 284.5M | 299.3M | 65.9M | 274.2M | 472.5M |