
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 791.1M | 877.8M | 1.3B | 1.6B | 1.6B | 2.1B | 1.7B | 1.5B |
| Cost of goods sold | 539.2M | 550.8M | 802.6M | 1.1B | 1.1B | 1.4B | 1.2B | 985.7M |
| Gross profit | 274.0M | 349.6M | 511.7M | 503.8M | 557.7M | 686.7M | 584.4M | 563.2M |
| Gross profit margin, % | 39.8% | 39.6% | 31.5% | 34.3% | 32.9% | 33.4% | 37.6% | |
| Operating expense total | 375.7M | 454.7M | 476.9M | 463.7M | 548.7M | 598.4M | 601.8M | 517.8M |
| Depreciation and amortization | 43.9M | 49.1M | 65.5M | 92.7M | 58.6M | 73.7M | 140.1M | 136.1M |
| EBITDA | (99.7M) | (104.7M) | 29.2M | 40.0M | 7.2M | 87.7M | (12.4M) | 48.9M |
| EBITDA margin, % | -11.9% | 2.3% | 2.5% | 0.4% | 4.2% | -0.7% | 3.3% | |
| EBIT | 24.6M | 41.0M | 81.3M | 65.6M | 43.9M | 63.2M | (52.4M) | 58.5M |
| EBIT margin, % | 4.7% | 6.3% | 4.1% | 2.7% | 3.0% | -3.0% | 3.9% | |
| Interest income | 4.5M | 2.9M | 4.2M | 3.8M | 5.3M | 3.4M | 3.7M | 1.3M |
| Interest expense | 22.9M | 25.5M | 32.6M | 29.0M | 33.0M | 35.0M | 46.6M | 43.7M |
| Pre tax profit | 7.8M | 18.1M | 45.9M | 40.4M | 13.7M | 30.8M | (87.6M) | 26.9M |
| Income tax expense | (2.9M) | (1.1M) | 4.5M | (1.8M) | 7.9M | 7.7M | (15.9M) | 14.0M |
| Net Income | 10.7M | 19.2M | 41.3M | 42.2M | 5.8M | 23.2M | (71.7M) | 12.9M |