
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.7B | 1.6B | 1.6B | 2.1B | 3.6B | 2.8B | 2.6B | 2.9B |
| Cost of goods sold | 2.2B | 1.4B | 1.4B | 1.9B | 3.2B | 2.5B | 2.3B | 2.6B |
| Gross profit | 512.6M | 161.1M | 203.7M | 203.6M | 390.4M | 319.0M | 337.0M | 309.6M |
| Gross profit margin, % | 18.9% | 10.3% | 12.9% | 9.5% | 10.9% | 11.2% | 13.0% | 10.8% |
| Operating expense total | 329.3M | 386.8M | 261.2M | 280.3M | 241.5M | 224.9M | 257.6M | 263.9M |
| Depreciation and amortization | 46.0M | 412.4M | 279.7M | 31.8M | 38.5M | 24.0M | 27.0M | 25.9M |
| EBITDA | 183.4M | (225.5M) | (57.4M) | (76.7M) | 148.9M | 94.1M | 79.4M | 45.7M |
| EBITDA margin, % | 6.8% | -14.4% | -3.6% | -3.6% | 4.2% | 3.3% | 3.1% | 1.6% |
| EBIT | 121.8M | (1.4B) | (460.0M) | (339.2M) | 108.5M | 60.3M | 89.7M | (35.4M) |
| EBIT margin, % | 4.5% | -90.4% | -29.0% | -15.9% | 3.0% | 2.1% | 3.5% | -1.2% |
| Interest income | 5.8M | 4.9M | 2.2M | 1.9M | 3.5M | 18.1M | 12.6M | 12.2M |
| Interest expense | 80.6M | 90.3M | 111.5M | 179.3M | 1.9M | 1.8M | 1.8M | 3.2M |
| Pre tax profit | 61.5M | (1.5B) | (595.7M) | 44.3M | 137.1M | 84.5M | 104.9M | (25.4M) |
| Income tax expense | 37.1M | 45.7M | (9.4M) | 10.0M | 30.8M | 6.9M | 27.2M | 34.9M |
| Net Income | 24.3M | (1.5B) | (586.4M) | 34.4M | 106.3M | 77.7M | 77.7M | (60.3M) |
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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