
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0B | 2.7B | 3.2B | 2.6B | 2.5B | 2.3B | 2.2B | 2.3B |
| Cost of goods sold | 2.5B | 2.5B | 2.9B | 2.5B | 2.3B | 2.1B | 2.0B | 2.0B |
| Gross profit | 490.7M | 308.8M | 352.0M | 140.0M | 233.3M | 184.9M | 208.5M | 310.6M |
| Gross profit margin, % | 16.6% | 11.3% | 11.0% | 5.3% | 9.3% | 8.2% | 9.6% | 13.8% |
| Operating expense total | 274.7M | 394.3M | 401.4M | 368.8M | 268.3M | 264.3M | 308.7M | 231.2M |
| Depreciation and amortization | 133.2M | 147.5M | 143.4M | 140.8M | 136.1M | 181.6M | 123.8M | 121.4M |
| EBITDA | 217.6M | (85.7M) | (51.4M) | (232.0M) | (37.1M) | (80.1M) | (101.6M) | 78.0M |
| EBITDA margin, % | 7.3% | -3.1% | -1.6% | -8.9% | -1.5% | -3.5% | -4.7% | 3.5% |
| EBIT | 104.4M | (239.3M) | (282.1M) | (420.6M) | (184.1M) | 334.9M | (181.1M) | (14.6M) |
| EBIT margin, % | 3.5% | -8.7% | -8.9% | -16.1% | -7.3% | 14.8% | -8.3% | -0.6% |
| Interest income | 2.2M | 4.6M | 9.1M | 11.9M | 6.3M | 3.4M | 1.2M | 792.0K |
| Interest expense | 69.0M | 79.0M | 77.7M | 93.0M | 91.1M | 104.1M | 97.4M | 77.2M |
| Pre tax profit | 44.0M | (318.9M) | (348.1M) | (522.4M) | (269.1M) | 237.0M | (287.0M) | (76.7M) |
| Income tax expense | 1.8M | (48.6M) | (14.5M) | 70.5M | 1.1M | 4.2M | 5.0M | 8.9M |
| Net Income | 42.2M | (270.3M) | (333.6M) | (592.9M) | (270.2M) | 232.8M | (292.1M) | (85.7M) |
| 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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