
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.2B | 3.6B | 2.6B | 2.9B | 3.6B | 4.6B | 4.7B | 4.9B |
| Cost of goods sold | 1.9B | 2.1B | 1.5B | 1.7B | 2.3B | 3.1B | 3.3B | 3.4B |
| Gross profit | 1.3B | 1.6B | 1.1B | 1.2B | 1.3B | 1.5B | 1.4B | 1.5B |
| Gross profit margin, % | 40.9% | 43.0% | 42.3% | 42.8% | 35.7% | 33.3% | 29.8% | 31.5% |
| Operating expense total | 537.9M | 659.8M | 568.4M | 590.6M | 583.4M | 724.7M | 688.5M | 886.8M |
| Depreciation and amortization | 275.9M | 382.1M | 371.2M | 286.9M | 246.0M | 238.6M | 254.0M | 631.1M |
| EBITDA | 785.7M | 913.3M | 546.3M | 659.1M | 710.1M | 816.1M | 701.4M | 648.8M |
| EBITDA margin, % | 24.4% | 25.0% | 20.8% | 22.6% | 19.7% | 17.7% | 15.0% | 13.3% |
| EBIT | 479.4M | 531.0M | 168.5M | 521.1M | 588.9M | 737.2M | 443.9M | 8.2M |
| EBIT margin, % | 14.9% | 14.5% | 6.4% | 17.9% | 16.3% | 15.9% | 9.5% | 0.2% |
| Interest income | 9.1M | 3.5M | 13.7M | 5.6M | 5.3M | 22.7M | 31.2M | 22.8M |
| Interest expense | 212.5M | 248.7M | 263.4M | 380.1M | 352.0M | 287.8M | 260.3M | 238.2M |
| Pre tax profit | 232.5M | 312.4M | (229.8M) | 143.3M | 166.6M | 442.9M | 115.9M | (167.2M) |
| Income tax expense | 82.0M | 124.2M | 68.9M | 95.7M | 56.2M | 127.5M | 85.8M | 152.8M |
| Net Income | 150.5M | 188.2M | (298.7M) | 47.6M | 110.4M | 315.3M | 30.1M | (320.0M) |