
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.1B | 5.5B | 4.5B | 5.2B | 4.4B | 4.1B | 3.3B | 2.5B |
| Cost of goods sold | 2.5B | 2.6B | 2.3B | 2.8B | 2.6B | 2.4B | 2.2B | 2.4B |
| Gross profit | 2.7B | 2.9B | 2.2B | 2.5B | 1.9B | 1.7B | 1.1B | 156.3M |
| Gross profit margin, % | 53.1% | 52.7% | 48.5% | 47.6% | 42.0% | 42.6% | 33.5% | 6.1% |
| Operating expense total | 1.9B | 2.1B | 1.8B | 1.9B | 2.1B | 1.9B | 1.7B | 1.5B |
| Depreciation and amortization | 216.1M | 143.2M | 194.7M | 184.8M | 179.1M | 205.9M | 256.7M | |
| EBITDA | 777.6M | 779.0M | 414.3M | 583.3M | (252.2M) | (178.5M) | (567.6M) | (1.4B) |
| EBITDA margin, % | 15.4% | 14.3% | 9.2% | 11.3% | -5.7% | -4.4% | -17.1% | -53.6% |
| EBIT | 605.7M | 681.3M | 445.6M | 420.7M | (245.3M) | (376.0M) | (918.7M) | (1.9B) |
| EBIT margin, % | 12.0% | 12.5% | 9.9% | 8.1% | -5.6% | -9.2% | -27.7% | -73.5% |
| Interest income | 8.7M | 5.8M | 9.8M | 9.1M | 5.3M | 6.9M | 2.3M | 1.3M |
| Interest expense | 81.0M | 121.7M | 97.4M | 141.7M | 159.7M | 173.7M | 174.4M | 135.8M |
| Pre tax profit | 539.0M | 561.6M | 350.6M | 256.2M | (388.2M) | (548.0M) | (1.0B) | (1.7B) |
| Income tax expense | 93.6M | 103.9M | 49.3M | 32.3M | (101.7M) | (85.3M) | (152.7M) | 361.8M |
| Net Income | 445.3M | 457.7M | 301.4M | 223.9M | (286.5M) | (462.7M) | (861.2M) | (2.1B) |
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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