
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 859.5M | 813.7M | 281.0M | 293.3M | 331.6M | 331.6M | 326.6M | 267.3M |
| Cost of goods sold | 840.5M | 695.6M | 184.5M | 187.6M | 239.6M | 254.5M | 255.7M | 214.7M |
| Gross profit | 52.4M | 133.6M | 98.5M | 107.5M | 95.2M | 80.5M | 72.0M | 54.0M |
| Gross profit margin, % | 16.4% | 35.0% | 36.6% | 28.7% | 24.3% | 22.1% | 20.2% | |
| Operating expense total | 35.4M | 79.2M | 63.6M | 76.6M | 82.1M | 88.9M | 63.2M | 47.3M |
| Depreciation and amortization | 620.5M | 89.8M | 19.0M | 19.1M | 16.1M | 17.0M | 16.8M | 20.7M |
| EBITDA | 17.3M | 54.7M | 34.8M | 30.8M | 13.2M | (8.4M) | 8.9M | 6.6M |
| EBITDA margin, % | 6.7% | 12.4% | 10.5% | 4.0% | -2.5% | 2.7% | 2.5% | |
| EBIT | (1.2B) | (78.5M) | 70.3M | 63.4M | (3.2M) | 13.7M | (5.2M) | (17.1M) |
| EBIT margin, % | -9.6% | 25.0% | 21.6% | -1.0% | 4.1% | -1.6% | -6.4% | |
| Interest income | 6.1M | 3.3M | 4.2M | 6.4M | 7.5M | 15.1M | 17.3M | 10.0M |
| Interest expense | 35.9M | 24.5M | 2.2M | 60.0K | 442.0K | 4.6M | 1.7M | 9.0K |
| Pre tax profit | (1.1B) | (89.1M) | 71.0M | 69.3M | 4.6M | 24.9M | 12.6M | (5.4M) |
| Income tax expense | 27.9M | 6.4M | 3.6M | 3.4M | 71.0K | 990.0K | (784.0K) | (1.4M) |
| Net Income | (1.1B) | (95.5M) | 67.4M | 65.9M | 4.6M | 23.9M | 13.4M | (4.0M) |
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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