
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.5B | 3.2B | 4.7B | 3.2B | 2.0B | 1.6B | 1.4B | 1.4B |
| Cost of goods sold | 1.6B | 2.2B | 3.2B | 1.9B | 1.2B | 780.1M | 911.1M | 855.2M |
| Gross profit | 2.0B | 974.3M | 1.5B | 1.2B | 786.4M | 837.9M | 515.7M | 540.2M |
| Gross profit margin, % | 56.1% | 30.6% | 31.1% | 39.1% | 40.0% | 51.9% | 36.2% | 38.9% |
| Operating expense total | 1.1B | 927.7M | 1.1B | 945.2M | 686.4M | 475.0M | 427.5M | 459.3M |
| Depreciation and amortization | 117.0M | 161.4M | 228.8M | 488.3M | 314.4M | 199.6M | 174.1M | 306.6M |
| EBITDA | 851.3M | 39.3M | 358.0M | 264.8M | 72.0M | 321.0M | 77.0M | 91.6M |
| EBITDA margin, % | 24.1% | 1.2% | 7.7% | 8.3% | 3.7% | 19.9% | 5.4% | 6.6% |
| EBIT | 908.5M | 114.4M | 46.9M | 44.1M | (669.9M) | 38.2M | (371.1M) | (345.1M) |
| EBIT margin, % | 25.7% | 3.6% | 1.0% | 1.4% | -34.0% | 2.4% | -26.1% | -24.8% |
| Interest income | 24.5M | 16.2M | 19.1M | 18.7M | 12.5M | 25.2M | 29.7M | 9.1M |
| Interest expense | 89.0M | 109.6M | 95.8M | 54.0M | 39.4M | 46.8M | 51.3M | 33.6M |
| Pre tax profit | 1.1B | 165.0M | (24.1M) | 182.3M | (635.8M) | 83.8M | (362.2M) | (313.0M) |
| Income tax expense | 44.7M | (91.4M) | 162.9M | 16.8M | (5.9M) | (7.5M) | 23.8M | 34.4M |
| Net Income | 1.0B | 256.4M | (186.9M) | 165.5M | (629.9M) | 91.4M | (386.0M) | (347.4M) |