
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.6B | 11.1B | 5.1B | 3.4B | 4.0B | 5.1B | 5.1B | 5.1B |
| Cost of goods sold | 11.6B | 9.9B | 5.2B | 3.5B | 3.5B | 4.0B | 4.4B | 4.2B |
| Gross profit | 5.3B | 1.3B | 62.6M | 12.7M | 437.8M | 1.1B | 699.3M | 985.7M |
| Gross profit margin, % | 11.6% | 1.2% | 0.4% | 11.0% | 21.7% | 13.8% | 19.2% | |
| Operating expense total | 2.6B | 1.9B | 1.5B | (307.0M) | 798.9M | 837.9M | 815.8M | 836.1M |
| Depreciation and amortization | 921.5M | 2.0B | 2.9B | 583.8M | 260.4M | 204.0M | 324.8M | |
| EBITDA | 2.7B | (531.2M) | (1.4B) | 319.7M | (361.2M) | 268.1M | (116.5M) | 149.6M |
| EBITDA margin, % | -4.8% | -27.4% | 9.4% | -9.1% | 5.3% | -2.3% | 2.9% | |
| EBIT | 2.5B | (2.9B) | (28.8B) | 9.0B | (2.6B) | 93.1M | (19.3M) | (37.6M) |
| EBIT margin, % | -26.1% | -560.5% | 265.6% | -66.2% | 1.8% | -0.4% | -0.7% | |
| Interest income | 17.9M | 5.2M | 2.2M | 5.3M | 40.0M | 30.7M | 17.2M | 10.5M |
| Interest expense | 1.8B | 2.2B | 2.2B | 1.0B | 78.9M | 56.2M | 21.4M | 18.7M |
| Pre tax profit | 672.5M | (4.4B) | (31.0B) | 8.2B | (2.7B) | 110.4M | 34.7M | 43.1M |
| Income tax expense | 302.4M | 264.1M | 62.5M | 235.4M | 29.8M | 6.8M | 22.6M | 30.7M |
| Net Income | 370.0M | (4.7B) | (31.1B) | 7.9B | (2.7B) | 103.6M | 12.1M | 12.4M |