
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.8B | 3.6B | 4.0B | 1.8B | 2.6B | 2.1B | 799.9M |
| Cost of goods sold | 1.1B | 1.3B | 2.9B | 3.4B | 1.5B | 1.7B | 1.3B | 462.8M |
| Gross profit | 559.0M | 551.7M | 746.4M | 595.2M | 297.4M | 909.2M | 769.1M | 360.1M |
| Gross profit margin, % | 37.6% | 31.3% | 20.5% | 14.9% | 17.0% | 35.1% | 37.0% | 45.0% |
| Operating expense total | 305.4M | 293.9M | 382.3M | 427.7M | 246.5M | 301.1M | 406.2M | 177.0M |
| Depreciation and amortization | 122.6M | 127.9M | 157.4M | 174.0M | 212.7M | 144.6M | 146.4M | 113.9M |
| EBITDA | 253.6M | 257.7M | 364.1M | 167.4M | 50.9M | 608.1M | 362.8M | 183.1M |
| EBITDA margin, % | 17.1% | 14.6% | 10.0% | 4.2% | 2.9% | 23.5% | 17.5% | 22.9% |
| EBIT | 114.2M | 136.1M | 210.6M | 27.3M | (162.8M) | 462.7M | 218.8M | 69.2M |
| EBIT margin, % | 7.7% | 7.7% | 5.8% | 0.7% | -9.3% | 17.9% | 10.5% | 8.6% |
| Interest income | 13.1M | 6.3M | 11.3M | 10.0M | 4.7M | 13.4M | 14.7M | 7.6M |
| Interest expense | 50.8M | 39.5M | 34.1M | 29.6M | 28.6M | 20.4M | 11.0M | 6.1M |
| Pre tax profit | 30.6M | 9.1M | 175.1M | 19.8M | (197.8M) | 385.6M | 220.1M | 49.8M |
| Income tax expense | 4.0M | 4.7M | 28.4M | 8.8M | 10.4M | 130.6M | 35.0M | 3.9M |
| Net Income | 26.6M | 4.4M | 146.7M | 11.0M | (208.2M) | 255.0M | 185.1M | 45.8M |