
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 366.5M | (115.5M) | 197.0M | 474.7M | 409.7M | 339.8M | 190.5M | 112.8M |
| Cost of goods sold | 339.2M | 317.4M | 137.4M | 323.8M | 274.4M | 167.6M | 109.0M | 353.8M |
| Gross profit | 27.2M | (433.0M) | 61.0M | 151.6M | 135.3M | 172.2M | 81.4M | (240.9M) |
| Gross profit margin, % | 7.4% | 374.7% | 31.0% | 31.9% | 33.0% | 50.7% | 42.8% | -213.5% |
| Operating expense total | 149.3M | 105.0M | 47.9M | 37.8M | 47.3M | 56.1M | 49.0M | 46.4M |
| Depreciation and amortization | 19.9M | 5.3M | 4.2M | 2.6M | 2.2M | 1.2M | 876.0K | 871.0K |
| EBITDA | (122.1M) | (538.7M) | 9.4M | 112.9M | 86.8M | 115.5M | 32.2M | (287.1M) |
| EBITDA margin, % | -33.3% | 466.2% | 4.8% | 23.8% | 21.2% | 34.0% | 16.9% | -254.4% |
| EBIT | (798.2M) | (15.4M) | 539.0K | 88.4M | 93.2M | 75.9M | 27.0M | (353.9M) |
| EBIT margin, % | -217.8% | 13.3% | 0.3% | 18.6% | 22.7% | 22.3% | 14.2% | -313.6% |
| Interest income | 1.9M | 182.0K | 132.0K | 186.0K | 4.2M | 1.6M | 2.4M | 214.0K |
| Interest expense | 88.5M | 106.5M | 81.9M | 79.3M | 69.2M | 64.5M | 63.4M | 54.2M |
| Pre tax profit | (884.9M) | (126.4M) | (85.7M) | 7.7M | 26.7M | 12.2M | (33.3M) | (407.4M) |
| Income tax expense | 66.8M | 433.0K | (2.0M) | (18.0K) | 945.0K | 290.0K | 129.0K | 199.0K |
| Net Income | (951.8M) | (126.8M) | (83.6M) | 7.7M | 25.7M | 11.9M | (33.5M) | (407.6M) |