
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.2B | 981.9M | 1.0B | 550.9M | 315.2M | 364.3M | 373.6M |
| Cost of goods sold | 999.1M | 1.0B | 847.1M | 924.3M | 478.4M | 309.0M | 331.6M | 327.1M |
| Gross profit | 288.8M | 210.4M | 142.4M | 118.4M | 83.1M | 15.5M | 42.9M | 54.7M |
| Gross profit margin, % | 22.5% | 17.1% | 14.5% | 11.5% | 15.1% | 4.9% | 11.8% | 14.6% |
| Operating expense total | 263.7M | 184.0M | 192.3M | 282.4M | 132.0M | 94.5M | 46.0M | 127.0K |
| Depreciation and amortization | 1.1B | 42.9M | 50.4M | 535.3M | 28.6M | 39.8M | 126.8M | 19.4M |
| EBITDA | 22.9M | 23.5M | (47.7M) | (198.3M) | (68.2M) | (104.6M) | (47.3M) | (53.2M) |
| EBITDA margin, % | 1.8% | 1.9% | -4.9% | -19.2% | -12.4% | -33.2% | -13.0% | -14.2% |
| EBIT | (1.2B) | (375.7M) | (7.8M) | (806.9M) | (166.5M) | (64.1M) | (227.7M) | (223.6M) |
| EBIT margin, % | -97.2% | -30.5% | -0.8% | -78.2% | -30.2% | -20.3% | -62.5% | -59.8% |
| Interest income | 54.9M | 17.6M | 3.3M | 11.2M | 10.4M | 8.0M | 10.3M | 7.0M |
| Interest expense | 40.1M | 13.9M | 376.0K | 11.6M | 4.5M | 307.0K | 463.0K | 492.0K |
| Pre tax profit | (1.2B) | (356.8M) | 52.9M | (844.4M) | 36.6M | (64.6M) | (248.0M) | (323.2M) |
| Income tax expense | 31.7M | 9.8M | 7.7M | 18.0M | (6.8M) | (5.5M) | 1.3M | 4.0M |
| Net Income | (1.3B) | (366.6M) | 45.2M | (862.4M) | 43.4M | (59.1M) | (249.4M) | (327.1M) |