
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.0B | 2.1B | 2.7B | 2.0B | 5.0B | 5.6B | 7.0B | 7.2B |
| Cost of goods sold | 2.0B | 1.9B | 2.3B | 2.0B | 4.7B | 6.1B | 6.5B | 7.2B |
| Gross profit | 63.3M | 186.0M | 405.5M | 20.2M | 316.6M | (531.5M) | 508.8M | 59.8M |
| Gross profit margin, % | 3.1% | 8.8% | 14.9% | 1.0% | 6.3% | -9.5% | 7.2% | 0.8% |
| Operating expense total | 71.9M | 79.1M | 84.4M | 101.4M | (61.6M) | 94.9M | 106.7M | 195.7M |
| Depreciation and amortization | 41.1M | 39.7M | 40.1M | 46.8M | 279.9M | 132.8M | 163.8M | 165.7M |
| EBITDA | (7.7M) | 108.1M | 318.9M | (80.6M) | 386.4M | (627.1M) | 393.5M | (160.3M) |
| EBITDA margin, % | -0.4% | 5.1% | 11.8% | -4.0% | 7.7% | -11.2% | 5.6% | -2.2% |
| EBIT | (38.0M) | 74.5M | 290.4M | (235.0M) | 120.7M | (992.5M) | 329.2M | (644.2M) |
| EBIT margin, % | -1.9% | 3.5% | 10.7% | -11.8% | 2.4% | -17.7% | 4.7% | -8.9% |
| Interest income | 6.8M | 1.3M | 1.6M | 2.5M | 12.5M | 10.2M | 10.3M | 5.5M |
| Interest expense | 7.0M | 6.8M | 8.7M | 34.8M | 72.9M | 81.0M | 80.4M | 54.6M |
| Pre tax profit | (35.4M) | 70.1M | 280.2M | (296.6M) | (47.0M) | (1.3B) | 50.2M | (897.9M) |
| Income tax expense | 2.0M | 2.2M | (2.7M) | (2.2M) | 3.8M | 4.5M | 2.6M | 2.8M |
| Net Income | (37.4M) | 67.9M | 282.9M | (294.4M) | (50.7M) | (1.3B) | 47.6M | (900.7M) |