
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19.0B | 16.9B | 13.4B | 15.6B | 32.0B | 33.7B | 137.1B | 155.2B |
| Cost of goods sold | 15.4B | 15.0B | 13.6B | 16.1B | 30.2B | 32.1B | 107.2B | 117.0B |
| Gross profit | 4.1B | 2.6B | 298.4M | 278.5M | 2.9B | 2.8B | 34.1B | 43.7B |
| Gross profit margin, % | 21.8% | 15.2% | 2.2% | 1.8% | 9.2% | 8.4% | 24.9% | 28.2% |
| Operating expense total | 2.6B | 2.1B | 1.1B | 1.7B | 5.7B | 6.3B | 24.3B | 32.7B |
| Depreciation and amortization | 928.5M | 1.1B | 1.3B | 1.7B | 2.2B | 2.6B | 5.7B | 5.2B |
| EBITDA | 1.6B | 457.7M | (834.6M) | (1.4B) | (2.8B) | (3.5B) | 9.7B | 11.1B |
| EBITDA margin, % | 8.3% | 2.7% | -6.2% | -9.1% | -8.8% | -10.4% | 7.1% | 7.1% |
| EBIT | 831.7M | 573.0M | (1.8B) | (2.3B) | (4.7B) | (5.9B) | 4.6B | 6.8B |
| EBIT margin, % | 4.4% | 3.4% | -13.6% | -14.7% | -14.7% | -17.4% | 3.4% | 4.4% |
| Interest income | 147.4M | 57.4M | 48.0M | 52.6M | 189.5M | 294.6M | 527.3M | 808.8M |
| Interest expense | 230.6M | 284.7M | 276.5M | 260.7M | 330.2M | 308.7M | 240.4M | 198.7M |
| Pre tax profit | 778.5M | 251.9M | (2.2B) | (2.6B) | (4.9B) | (4.1B) | 5.0B | 7.5B |
| Income tax expense | 281.5M | 166.5M | 47.2M | 21.0M | 290.1M | 75.9M | 211.2M | 1.3B |
| Net Income | 496.9M | 85.4M | (2.2B) | (2.6B) | (5.2B) | (4.2B) | 4.7B | 6.1B |
| 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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