
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.5B | 25.0B | 30.5B | 23.8B | 13.5B | 15.8B | 11.1B | 6.8B |
| Cost of goods sold | 4.8B | 16.8B | 20.1B | 18.4B | 15.2B | 18.1B | 8.8B | 5.4B |
| Gross profit | 4.2B | 9.0B | 11.3B | 6.4B | (1.6B) | (1.8B) | 2.8B | 6.0B |
| Gross profit margin, % | 36.0% | 37.1% | 26.6% | -12.0% | -11.7% | 25.1% | 89.2% | |
| Operating expense total | 1.8B | 2.7B | 3.2B | 4.1B | 4.2B | 5.3B | 4.3B | 4.1B |
| Depreciation and amortization | 180.4M | 263.1M | 286.3M | 412.1M | 384.5M | 396.1M | 389.3M | 382.4M |
| EBITDA | 3.8B | 9.7B | 10.6B | 4.6B | (9.6B) | (12.1B) | (2.5B) | 302.4M |
| EBITDA margin, % | 38.9% | 34.8% | 19.2% | -71.6% | -76.8% | -22.9% | 4.5% | |
| EBIT | 3.6B | 10.4B | 10.3B | 4.2B | (10.0B) | (12.5B) | (3.0B) | (64.8M) |
| EBIT margin, % | 41.6% | 33.8% | 17.4% | -74.5% | -79.3% | -27.0% | -1.0% | |
| Interest income | 482.3M | 949.3M | 711.8M | 891.1M | 515.9M | 277.2M | 28.0M | 27.0M |
| Interest expense | 1.1B | 1.5B | 1.0B | 303.0M | 128.9M | 2.9B | 2.9B | 2.7B |
| Pre tax profit | 5.4B | 13.6B | 10.4B | 4.1B | (10.7B) | (17.6B) | (7.8B) | (4.3B) |
| Income tax expense | 1.2B | 3.6B | 3.5B | 1.5B | (855.0M) | 1.4B | 373.0M | (797.3M) |
| Net Income | 4.2B | 10.1B | 6.9B | 2.6B | (9.8B) | (19.0B) | (8.2B) | (3.5B) |