
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.3B | 20.2B | 56.2B | 78.7B | 124.2B | 110.1B | 137.3B | 142.7B |
| Cost of goods sold | 12.1B | 13.0B | 22.1B | 65.7B | 103.0B | 107.4B | 111.7B | 118.5B |
| Gross profit | 1.3B | 7.2B | 34.1B | 13.1B | 21.7B | 3.3B | 26.1B | 25.4B |
| Gross profit margin, % | 35.9% | 60.7% | 16.7% | 17.4% | 3.0% | 19.0% | 17.8% | |
| Operating expense total | (536.9M) | (691.6M) | 667.5M | (2.9B) | (4.8B) | (6.2B) | (7.9B) | (8.0B) |
| Depreciation and amortization | 1.2B | 1.6B | 3.2B | 7.8B | 11.0B | 12.7B | 14.1B | 14.9B |
| EBITDA | 1.8B | 8.0B | 33.5B | 16.0B | 26.5B | 9.4B | 34.0B | 33.5B |
| EBITDA margin, % | 39.4% | 59.5% | 20.4% | 21.3% | 8.6% | 24.8% | 23.5% | |
| EBIT | 993.9M | 6.8B | 31.0B | 9.8B | 17.7B | (1.1B) | 21.8B | 18.2B |
| EBIT margin, % | 33.7% | 55.2% | 12.5% | 14.2% | -1.0% | 15.9% | 12.7% | |
| Interest income | 26.5M | 42.0M | 249.9M | 83.0M | 159.6M | 249.8M | 237.5M | 167.6M |
| Interest expense | 551.7M | 560.0M | 899.1M | 1.8B | 2.5B | 3.2B | 3.2B | 2.6B |
| Pre tax profit | 526.1M | 6.3B | 30.4B | 7.6B | 14.9B | (4.2B) | 18.9B | 15.8B |
| Income tax expense | (2.0M) | (17.1M) | (2.3M) | (28.0M) | (3.4M) | (2.2M) | (28.6M) | (1.9M) |
| Net Income | 528.1M | 6.3B | 30.4B | 7.6B | 14.9B | (4.2B) | 18.9B | 15.8B |