
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.3B | 1.3B | 1.0B | 374.1M | 372.5M | 133.0M | 121.5M |
| Cost of goods sold | 828.9M | 849.0M | 914.2M | 810.7M | 294.9M | 308.1M | 128.6M | 85.6M |
| Gross profit | 434.6M | 423.6M | 437.7M | 216.3M | 87.3M | 129.4M | 10.9M | 42.4M |
| Gross profit margin, % | 33.5% | 32.5% | 21.4% | 23.3% | 34.7% | 8.2% | 34.9% | |
| Operating expense total | 146.9M | 197.6M | 284.7M | 201.4M | 120.6M | 158.0M | 129.3M | 50.7M |
| Depreciation and amortization | 52.9M | 626.2M | 138.2M | 450.2M | 82.7M | 70.1M | 42.0M | 65.1M |
| EBITDA | 287.7M | 225.9M | 153.2M | 14.6M | (33.3M) | (28.6M) | (118.4M) | (8.3M) |
| EBITDA margin, % | 17.9% | 11.4% | 1.4% | -8.9% | -7.7% | -89.0% | -6.9% | |
| EBIT | 117.8M | (421.7M) | (433.2M) | (579.9M) | (75.6M) | (134.7M) | (363.1M) | (1.0B) |
| EBIT margin, % | -33.3% | -32.2% | -57.3% | -20.2% | -36.2% | -273.1% | -854.6% | |
| Interest income | 2.4M | 6.0M | 26.1M | 22.5M | 6.0M | 228.0K | 483.0K | 125.0K |
| Interest expense | 49.0M | 55.9M | 82.3M | 85.1M | 40.4M | 29.1M | 26.2M | 255.4M |
| Pre tax profit | 71.6M | (474.3M) | (499.9M) | (329.0M) | (102.1M) | (167.3M) | (510.2M) | (1.3B) |
| Income tax expense | (2.4M) | (5.5M) | (70.7M) | 25.8M | 128.7M | (909.0K) | 982.0K | (34.4M) |
| Net Income | 74.0M | (468.7M) | (429.2M) | (354.9M) | (230.8M) | (166.3M) | (511.2M) | (1.3B) |