
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 431.7M | 439.4M | 365.1M | 360.6M | 361.5M | 311.7M | 338.3M | 458.3M |
| Cost of goods sold | 359.9M | 320.1M | 235.9M | 220.5M | 208.7M | 203.9M | 226.2M | 368.4M |
| Gross profit | 105.3M | 131.8M | 134.4M | 147.7M | 162.1M | 113.2M | 115.3M | 96.5M |
| Gross profit margin, % | 44.8% | 36.3% | 34.1% | 21.1% | ||||
| Operating expense total | 80.4M | 53.9M | 92.1M | 68.1M | 29.8M | 33.6M | 37.0M | (194.5M) |
| Depreciation and amortization | 269.1M | 191.4M | 153.6M | 107.3M | 95.4M | 132.1M | 110.2M | 365.1M |
| EBITDA | 30.4M | 79.1M | 64.4M | 68.6M | 98.1M | 76.1M | 70.6M | 284.7M |
| EBITDA margin, % | 27.1% | 24.4% | 20.9% | 62.1% | ||||
| EBIT | (177.4M) | 145.1M | 177.6M | 62.5M | (456.9M) | (266.8M) | 43.8M | 87.4M |
| EBIT margin, % | -126.4% | -85.6% | 13.0% | 19.1% | ||||
| Interest income | 22.3M | 32.9M | 25.3M | 10.2M | 14.2M | 15.6M | 15.6M | 25.0M |
| Interest expense | 34.5M | 37.8M | 27.2M | 20.8M | 15.8M | 11.8M | 14.7M | 15.9M |
| Pre tax profit | 59.8M | 213.0M | 303.4M | 122.9M | (487.5M) | (260.7M) | 9.6M | 157.7M |
| Income tax expense | 28.9M | 66.5M | 74.9M | 32.7M | (62.6M) | (28.6M) | 2.6M | 21.6M |
| Net Income | 30.9M | 146.5M | 228.5M | 90.2M | (425.0M) | (232.1M) | 7.1M | 136.1M |