
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.6B | 14.1B | 15.7B | 17.8B | 28.2B | 34.1B | 19.6B | 12.1B |
| Cost of goods sold | 8.0B | 11.4B | 13.9B | 17.6B | 26.2B | 30.2B | 19.0B | 12.5B |
| Gross profit | 1.7B | 2.9B | 2.1B | 1.2B | 3.1B | 5.0B | 1.2B | (31.4M) |
| Gross profit margin, % | 17.9% | 20.9% | 13.4% | 6.7% | 10.9% | 14.8% | 5.9% | -0.3% |
| Operating expense total | 744.2M | 1.3B | 671.3M | 1.3B | 1.1B | 992.1M | 398.4M | (130.7M) |
| Depreciation and amortization | 345.1M | 556.0M | 880.4M | 874.7M | 1.0B | 1.7B | 3.3B | 2.5B |
| EBITDA | 970.9M | 1.6B | 1.5B | 144.4M | 2.0B | 4.0B | 758.7M | 85.9M |
| EBITDA margin, % | 10.1% | 11.4% | 9.2% | 0.8% | 6.9% | 11.8% | 3.9% | 0.7% |
| EBIT | 352.0M | 1.3B | 626.0M | (946.3M) | 681.3M | 1.5B | (3.4B) | (2.5B) |
| EBIT margin, % | 3.7% | 9.0% | 4.0% | -5.3% | 2.4% | 4.4% | -17.6% | -20.8% |
| Interest income | 107.1M | 47.0M | 51.3M | 39.1M | 94.9M | 215.3M | 118.2M | 36.8M |
| Interest expense | 223.1M | 257.8M | 361.9M | 399.4M | 364.8M | 416.0M | 641.0M | 566.1M |
| Pre tax profit | 262.9M | 1.1B | 292.2M | 24.3M | 1.1B | 1.5B | (4.0B) | (3.1B) |
| Income tax expense | 34.6M | 150.9M | 55.9M | 39.2M | 117.2M | 76.7M | (573.8M) | (257.8M) |
| Net Income | 228.3M | 978.0M | 236.3M | (14.9M) | 955.8M | 1.4B | (3.4B) | (2.8B) |
| 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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