
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5B | 3.2B | 3.6B | 5.5B | 8.9B | 6.8B | 7.8B | 11.6B |
| Cost of goods sold | 2.0B | 2.5B | 3.0B | 4.8B | 7.4B | 5.8B | 6.9B | 10.2B |
| Gross profit | 580.3M | 769.9M | 617.0M | 897.6M | 1.7B | 1.1B | 957.5M | 1.7B |
| Gross profit margin, % | 23.1% | 24.4% | 17.3% | 16.2% | 18.7% | 16.2% | 12.3% | 14.3% |
| Operating expense total | 120.6M | 224.3M | 111.3M | 306.3M | 489.9M | 264.6M | 176.3M | 459.0M |
| Depreciation and amortization | 145.9M | 186.6M | 262.1M | 321.4M | 423.9M | 544.3M | 702.6M | 817.4M |
| EBITDA | 464.6M | 546.6M | 509.8M | 597.2M | 1.2B | 831.6M | 777.8M | 1.2B |
| EBITDA margin, % | 18.5% | 17.3% | 14.3% | 10.8% | 13.3% | 12.3% | 10.0% | 10.5% |
| EBIT | 301.2M | 223.6M | 116.2M | 211.0M | 674.0M | 67.8M | (274.6M) | 217.5M |
| EBIT margin, % | 12.0% | 7.1% | 3.3% | 3.8% | 7.6% | 1.0% | -3.5% | 1.9% |
| Interest income | 4.6M | 1.6M | 4.6M | 11.2M | 9.7M | 19.2M | 24.6M | 16.6M |
| Interest expense | 17.0M | 28.2M | 33.2M | 59.5M | 50.5M | 73.6M | 95.9M | 101.9M |
| Pre tax profit | 315.0M | 201.4M | 72.0M | 183.2M | 682.4M | 24.5M | (335.9M) | 191.3M |
| Income tax expense | 42.1M | 20.3M | 7.5M | 458.0K | 33.3M | (41.9M) | (12.4M) | (7.8M) |
| Net Income | 272.9M | 181.1M | 64.5M | 182.7M | 649.1M | 66.4M | (323.5M) | 199.2M |