
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 217.1M | 265.5M | 213.7M | 175.8M | 169.4M | 235.6M | 486.8M | 372.9M |
| Cost of goods sold | 80.3M | 137.7M | 106.1M | 92.8M | 96.1M | 150.3M | 512.6M | 472.6M |
| Gross profit | 151.0M | 146.6M | 111.5M | 87.5M | 77.6M | 90.3M | (18.8M) | (90.9M) |
| Gross profit margin, % | 69.6% | 55.2% | 52.2% | 49.8% | 45.8% | 38.3% | -3.9% | -24.4% |
| Operating expense total | 115.7M | 119.6M | 103.5M | 75.7M | 79.4M | 111.6M | 67.0M | (13.8M) |
| Depreciation and amortization | 462.2M | 265.6M | 66.0M | 15.6M | 15.2M | 17.7M | 151.2M | 181.6M |
| EBITDA | 36.1M | 27.0M | 8.0M | 10.9M | (1.8M) | (22.8M) | (86.2M) | (76.8M) |
| EBITDA margin, % | 16.6% | 10.2% | 3.8% | 6.2% | -1.1% | -9.7% | -17.7% | -20.6% |
| EBIT | (421.3M) | (233.1M) | (56.7M) | (4.3M) | (12.9M) | (42.4M) | (333.1M) | (314.6M) |
| EBIT margin, % | -194.0% | -87.8% | -26.5% | -2.4% | -7.6% | -18.0% | -68.4% | -84.4% |
| Interest income | 2.1M | 1.2M | 1.1M | 777.0K | 360.0K | 8.4M | 1.8M | 610.0K |
| Interest expense | 19.9M | 25.1M | 24.0M | 21.4M | 20.4M | 27.6M | 57.3M | 50.5M |
| Pre tax profit | (438.6M) | (254.1M) | (95.9M) | (26.2M) | (30.7M) | (63.2M) | (341.9M) | (364.0M) |
| Income tax expense | 293.0K | 2.2M | 860.0K | 1.1M | 2.1M | (3.3M) | 5.4M | 9.1M |
| Net Income | (438.9M) | (256.4M) | (96.7M) | (27.3M) | (32.8M) | (59.9M) | (347.3M) | (373.1M) |