
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 985.1M | 1.3B | 1.5B | 1.7B | 1.3B | 1.1B | 959.7M | 1.1B |
| Cost of goods sold | 569.9M | 820.8M | 913.9M | 1.2B | 989.3M | 856.3M | 758.7M | 810.0M |
| Gross profit | 420.2M | 502.1M | 562.5M | 530.1M | 329.8M | 276.4M | 206.1M | 320.9M |
| Gross profit margin, % | 38.1% | 38.3% | 31.6% | 25.1% | 24.5% | 21.5% | 28.5% | |
| Operating expense total | 180.9M | 208.7M | 267.1M | 348.8M | 420.3M | 321.3M | 222.3M | 245.7M |
| Depreciation and amortization | 63.3M | 98.6M | 144.6M | 475.9M | 505.5M | 853.7M | 199.2M | 51.3M |
| EBITDA | 249.0M | 291.5M | 313.2M | 181.3M | (90.9M) | (46.5M) | (6.3M) | 80.2M |
| EBITDA margin, % | 22.1% | 21.3% | 10.8% | -6.9% | -4.1% | -0.7% | 7.1% | |
| EBIT | 190.5M | 194.2M | 157.3M | (289.7M) | (634.5M) | (916.0M) | (237.9M) | 13.3M |
| EBIT margin, % | 14.7% | 10.7% | -17.3% | -48.3% | -81.3% | -24.8% | 1.2% | |
| Interest income | 2.6M | 1.6M | 3.6M | 3.7M | 11.8M | 14.8M | 12.2M | 9.9M |
| Interest expense | 33.2M | 51.8M | 51.1M | 78.7M | 66.5M | 31.3M | 26.1M | 15.9M |
| Pre tax profit | 178.2M | 144.0M | 193.5M | (361.0M) | 744.7M | (931.0M) | (231.6M) | 16.0M |
| Income tax expense | 18.3M | 8.0M | 39.5M | 41.1M | 366.3M | (22.8M) | (5.1M) | 2.5M |
| Net Income | 159.9M | 135.9M | 154.0M | (402.1M) | 378.4M | (908.1M) | (226.5M) | 13.6M |