
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.3B | 13.0B | 12.2B | 8.0B | 3.5B | 989.6M | 735.9M | 1.6B |
| Cost of goods sold | 12.3B | 11.3B | 10.7B | 7.5B | 5.1B | 1.3B | 708.5M | 1.5B |
| Gross profit | 2.1B | 1.7B | 1.5B | 480.3M | (1.6B) | (349.6M) | 38.9M | 90.8M |
| Gross profit margin, % | 14.4% | 13.0% | 12.5% | 6.0% | -45.5% | -35.3% | 5.3% | 5.8% |
| Operating expense total | 883.3M | 736.7M | 983.7M | 1.7B | 588.2M | (60.9M) | 148.9M | 127.0M |
| Depreciation and amortization | 90.5M | 117.5M | 173.2M | 161.0M | 134.9M | 66.0M | 52.5M | 57.4M |
| EBITDA | 1.2B | 941.4M | 536.1M | (1.3B) | (2.2B) | (289.2M) | (110.0M) | (36.2M) |
| EBITDA margin, % | 8.2% | 7.2% | 4.4% | -15.7% | -62.3% | -29.2% | -15.0% | -2.3% |
| EBIT | 747.0M | 400.1M | (285.7M) | (5.7B) | (5.2B) | 2.8B | (176.2M) | (114.8M) |
| EBIT margin, % | 5.2% | 3.1% | -2.3% | -71.3% | -148.8% | 283.8% | -23.9% | -7.4% |
| Interest income | 13.9M | 42.3M | 26.0M | 24.1M | 9.0M | 7.8M | 3.7M | 3.5M |
| Interest expense | 197.3M | 279.4M | 524.3M | 287.2M | 439.2M | 543.8M | 30.7M | 22.8M |
| Pre tax profit | 371.7M | 127.4M | (860.7M) | (6.0B) | (5.7B) | 2.7B | (204.0M) | (134.9M) |
| Income tax expense | 53.5M | (5.2M) | (68.7M) | (298.3M) | (98.9M) | 723.7M | (3.3M) | (1.5M) |
| Net Income | 318.2M | 132.6M | (792.0M) | (5.7B) | (5.6B) | 2.0B | (200.6M) | (133.4M) |