
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 64.3B | 68.9B | 26.4B | 30.8B | 20.3B | 54.3B | 60.6B | 63.3B |
| Cost of goods sold | 62.8B | 67.0B | 41.5B | 42.8B | 34.6B | 52.5B | 60.4B | 63.2B |
| Gross profit | 4.8B | 5.2B | (12.2B) | (8.9B) | (12.0B) | 6.0B | 4.7B | 5.1B |
| Gross profit margin, % | 7.4% | 7.6% | -46.3% | -29.0% | -59.0% | 11.0% | 7.7% | 8.0% |
| Operating expense total | 538.3M | 4.1B | 10.1B | (835.3M) | (2.4B) | (1.2B) | (1.2B) | (1.2B) |
| Depreciation and amortization | 5.5B | 6.8B | 3.9B | 4.5B | 4.0B | 4.4B | 4.4B | |
| EBITDA | 4.4B | 1.3B | (31.5B) | (8.1B) | (9.6B) | 7.2B | 5.8B | 6.0B |
| EBITDA margin, % | 6.9% | 1.9% | -119.6% | -26.2% | -47.1% | 13.2% | 9.6% | 9.5% |
| EBIT | 1.4B | 3.9B | (55.9B) | (12.7B) | (16.1B) | 4.6B | 3.9B | 4.3B |
| EBIT margin, % | 2.2% | 5.7% | -212.2% | -41.3% | -79.0% | 8.5% | 6.5% | 6.8% |
| Interest income | 790.9M | 1.0B | 299.8M | 98.3M | 130.9M | 243.1M | 279.3M | 237.1M |
| Interest expense | 5.3B | 5.9B | 8.6B | 2.8B | 4.5B | 4.1B | 4.0B | 4.0B |
| Pre tax profit | (5.0B) | 1.0B | (71.3B) | 4.0B | (27.8B) | (530.9M) | (1.2B) | 2.6B |
| Income tax expense | (1.3B) | 306.3M | (2.6B) | 2.3M | (6.4B) | (758.7M) | 83.5M | 677.6M |
| Net Income | (3.6B) | 733.1M | (68.7B) | 4.0B | (21.4B) | 227.7M | (1.3B) | 2.0B |