
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.5B | 4.1B | 4.1B | 4.4B | 3.5B | 3.9B | 4.5B | 5.4B |
| Cost of goods sold | 3.9B | 3.5B | 3.5B | 3.8B | 3.4B | 3.8B | 4.4B | 5.0B |
| Gross profit | 626.8M | 644.3M | 687.3M | 611.0M | 329.6M | 392.4M | 459.8M | 533.3M |
| Gross profit margin, % | 13.9% | 15.6% | 16.7% | 13.9% | 9.5% | 10.0% | 10.2% | 10.0% |
| Operating expense total | 389.2M | 302.7M | 295.3M | 381.8M | 364.8M | (211.6M) | 324.2M | 346.0M |
| Depreciation and amortization | 1.1B | 278.3M | 212.2M | 463.7M | 128.6M | 716.8M | 95.3M | 101.1M |
| EBITDA | 237.5M | 341.6M | 392.0M | 229.2M | (35.2M) | 604.0M | 135.6M | 187.3M |
| EBITDA margin, % | 5.3% | 8.3% | 9.5% | 5.2% | -1.0% | 15.3% | 3.0% | 3.5% |
| EBIT | (1.1B) | 63.0M | 178.8M | (304.4M) | (190.5M) | 36.7M | 102.8M | 79.1M |
| EBIT margin, % | -24.1% | 1.5% | 4.3% | -6.9% | -5.5% | 0.9% | 2.3% | 1.5% |
| Interest income | 9.2M | 2.5M | 2.8M | 3.4M | 3.9M | 15.5M | 6.6M | 1.8M |
| Interest expense | 38.5M | 48.7M | 48.8M | 50.6M | 49.4M | 45.4M | 56.7M | 60.5M |
| Pre tax profit | (1.1B) | 113.5M | 114.2M | (362.0M) | (234.3M) | 36.3M | 51.7M | 14.2M |
| Income tax expense | 23.6M | 29.9M | (1.5M) | (8.9M) | (35.2M) | 12.1M | (8.8M) | (6.7M) |
| Net Income | (1.1B) | 83.7M | 115.7M | (353.0M) | (199.2M) | 24.2M | 60.5M | 20.9M |