
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.4B | 15.3B | 18.4B | 21.6B | 26.4B | 26.8B | 24.3B | 24.1B |
| Cost of goods sold | 14.1B | 13.9B | 16.0B | 20.4B | 24.5B | 26.2B | 22.2B | 23.2B |
| Gross profit | 1.3B | 1.4B | 2.5B | 1.3B | 2.0B | 685.5M | 2.1B | 941.4M |
| Gross profit margin, % | 9.5% | 13.4% | 5.9% | 7.6% | 2.6% | 8.6% | 3.9% | |
| Operating expense total | 693.5M | 773.0M | 892.3M | 1.2B | 821.3M | 806.6M | 678.6M | 559.0M |
| Depreciation and amortization | 235.2M | 329.6M | 396.3M | 565.6M | 572.3M | 742.9M | 758.7M | 875.0M |
| EBITDA | 583.3M | 680.2M | 1.6B | 56.9M | 1.2B | (116.9M) | 1.4B | 384.3M |
| EBITDA margin, % | 4.5% | 8.5% | 0.3% | 4.5% | -0.4% | 5.8% | 1.6% | |
| EBIT | 273.1M | 342.4M | 1.1B | (1.0B) | 444.1M | (1.3B) | 553.4M | (936.1M) |
| EBIT margin, % | 2.2% | 6.2% | -4.7% | 1.7% | -5.0% | 2.3% | -3.9% | |
| Interest income | 16.3M | 28.2M | 44.3M | 47.2M | 15.5M | 25.8M | 25.4M | 21.7M |
| Interest expense | 35.0M | 47.8M | 103.5M | 177.9M | 273.1M | 314.2M | 286.1M | 217.9M |
| Pre tax profit | 265.7M | 329.0M | 1.1B | (1.1B) | 172.3M | (1.6B) | 269.8M | (1.2B) |
| Income tax expense | 70.7M | 40.9M | 27.5M | 25.1M | 29.7M | 33.2M | 13.9M | 47.7M |
| Net Income | 195.0M | 288.2M | 1.1B | (1.2B) | 142.6M | (1.7B) | 255.9M | (1.2B) |