
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5B | 2.7B | 2.8B | 5.1B | 5.3B | 5.4B | 6.9B | 7.9B |
| Cost of goods sold | 2.2B | 2.2B | 2.4B | 4.6B | 4.6B | 4.2B | 5.5B | 6.5B |
| Gross profit | 564.1M | 654.5M | 631.7M | 816.8M | 1.1B | 1.4B | 1.6B | 1.6B |
| Gross profit margin, % | 24.6% | 22.4% | 15.9% | 21.4% | 26.3% | 23.8% | 20.7% | |
| Operating expense total | 361.4M | 392.2M | 399.3M | 493.5M | 686.0M | 748.5M | 772.7M | 715.7M |
| Depreciation and amortization | 422.9M | 145.1M | 131.0M | 196.5M | 176.2M | 246.5M | 249.1M | 300.4M |
| EBITDA | 207.4M | 264.9M | 235.3M | 323.1M | 439.8M | 687.6M | 880.1M | 916.5M |
| EBITDA margin, % | 10.0% | 8.3% | 6.3% | 8.4% | 12.6% | 12.7% | 11.6% | |
| EBIT | (384.5M) | 85.3M | 101.6M | 95.7M | 187.9M | 395.1M | 619.2M | 497.9M |
| EBIT margin, % | 3.2% | 3.6% | 1.9% | 3.6% | 7.3% | 8.9% | 6.3% | |
| Interest income | 23.5M | 14.7M | 7.3M | 7.7M | 22.1M | 31.0M | 37.7M | 50.5M |
| Interest expense | 86.8M | 99.4M | 30.1M | 22.8M | 31.8M | 73.7M | 67.8M | 57.6M |
| Pre tax profit | (368.0M) | 68.9M | 101.4M | 140.1M | 220.6M | 411.3M | 631.4M | 532.6M |
| Income tax expense | (28.7M) | 11.8M | 28.4M | 13.7M | (11.9M) | 15.9M | 55.7M | 59.2M |
| Net Income | (339.3M) | 57.1M | 73.0M | 126.5M | 232.5M | 395.4M | 575.7M | 473.4M |