
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.1B | 18.3B | 9.9B | 11.9B | 7.4B | 18.1B | 19.4B | 20.0B |
| Cost of goods sold | 17.2B | 17.2B | 12.6B | 13.6B | 12.4B | 17.4B | 20.0B | 20.3B |
| Gross profit | 1.6B | 1.8B | (2.0B) | (1.1B) | (4.7B) | 816.1M | (403.9M) | (107.6M) |
| Gross profit margin, % | 9.7% | -20.6% | -8.9% | -63.6% | 4.5% | -2.1% | -0.5% | |
| Operating expense total | 466.1M | 437.6M | 321.8M | 379.1M | 176.2M | 309.0M | 501.0M | 289.8M |
| Depreciation and amortization | 831.3M | 919.6M | 808.6M | 719.0M | 656.5M | 963.5M | 892.6M | 924.7M |
| EBITDA | 1.1B | 1.3B | (2.4B) | (1.4B) | (4.9B) | 507.1M | (904.9M) | (397.4M) |
| EBITDA margin, % | 7.3% | -23.8% | -12.1% | -66.0% | 2.8% | -4.7% | -2.0% | |
| EBIT | 566.3M | 622.6M | (3.0B) | (1.9B) | (5.3B) | 969.6M | (1.3B) | (840.1M) |
| EBIT margin, % | 3.4% | -30.5% | -16.2% | -72.1% | 5.4% | -7.0% | -4.2% | |
| Interest income | 15.3M | 10.7M | 45.7M | 96.8M | 76.0M | 37.2M | 39.0M | 15.7M |
| Interest expense | 117.7M | 124.5M | 230.8M | 821.1M | 850.3M | 743.2M | 683.7M | 663.9M |
| Pre tax profit | 461.5M | 480.9M | (3.1B) | (2.4B) | (6.9B) | 110.7M | (2.1B) | (1.4B) |
| Income tax expense | 114.1M | 119.9M | (763.9M) | (588.6M) | (4.3M) | (103.8M) | 144.0M | 913.9M |
| Net Income | 347.4M | 361.0M | (2.4B) | (1.8B) | (6.9B) | 214.5M | (2.3B) | (2.3B) |