
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.5B | 3.6B | 3.5B | 3.2B | 2.8B | 3.3B | 3.2B | 2.4B |
| Cost of goods sold | 3.8B | 3.4B | 3.0B | 2.8B | 2.5B | 2.9B | 2.8B | 2.2B |
| Gross profit | (251.2M) | 200.6M | 507.4M | 416.6M | 272.2M | 423.7M | 387.2M | 222.5M |
| Gross profit margin, % | 14.5% | 12.1% | 9.1% | |||||
| Operating expense total | 303.0M | 210.4M | 83.2M | 124.2M | 236.6M | 99.0M | 111.8M | 81.1M |
| Depreciation and amortization | 350.3M | 190.0M | 183.8M | 198.5M | 251.8M | 178.4M | 147.3M | 157.0M |
| EBITDA | (554.2M) | (9.9M) | 424.2M | 292.4M | 34.7M | 323.5M | 274.8M | 141.4M |
| EBITDA margin, % | 12.1% | 8.6% | 5.8% | |||||
| EBIT | (1.0B) | (60.0M) | 228.2M | 230.5M | (297.2M) | 189.1M | 151.4M | (43.6M) |
| EBIT margin, % | 6.5% | 4.7% | -1.8% | |||||
| Interest income | 3.4M | 2.2M | 40.8M | 22.1M | 16.9M | 13.6M | 10.2M | 10.2M |
| Interest expense | 259.8M | 135.5M | 200.5M | 289.3M | 254.5M | 165.6M | 114.1M | 83.6M |
| Pre tax profit | (1.3B) | 46.2M | 82.8M | (43.3M) | (461.2M) | 16.9M | 25.8M | (119.3M) |
| Income tax expense | 100.2M | 27.9M | 12.3M | 21.0M | 1.8M | 832.0K | 5.5M | 6.5M |
| Net Income | (1.4B) | 18.3M | 70.5M | (64.3M) | (463.0M) | 16.1M | 20.3M | (125.8M) |