Financial Summary (All financials)
In millions of CNY, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 163.3 | 149.9 | 279.8 | 918.6 | 922.6 | 852.6 | 1,054.2 | -729.2 |
Revenue growth | 9.0% | -46.4% | -69.5% | -0.4% | 8.2% | -19.1% | -244.6% | 32.9% |
Cost of goods sold | 141.3 | 116.5 | 204.7 | 689.8 | 666.2 | 781.8 | 1,077.8 | -1,041.4 |
Gross profit | 22.0 | 33.4 | 75.2 | 228.8 | 256.4 | 70.7 | -23.6 | 312.2 |
Gross margin | 13.5% | 22.3% | 26.9% | 24.9% | 27.8% | 8.3% | -2.2% | -42.8% |
Sales and marketing | 7.4 | 22.3 | 22.2 | 36.1 | 36.4 | 61.8 | 93.6 | 115.6 |
Research and development | | | | | 68.4 | 81.7 | 104.0 | 103.1 |
General and administrative | | | | | 128.3 | 142.7 | 256.0 | 202.5 |
EBITA | -16.5 | -36.2 | -20.0 | 193.5 | -4.4 | -253.8 | -519.6 | -2,205.8 |
EBITA margin | -10.1% | -24.2% | -7.1% | 21.1% | -0.5% | -29.8% | -49.3% | 302.5% |
Amortization of intangibles | | | | 0.8 | 0.8 | 2.4 | 3.9 | |
EBIT | -16.5 | -36.2 | -20.0 | 192.7 | -5.1 | -256.2 | -523.5 | -2,205.8 |
EBIT margin | -10.1% | -24.2% | -7.1% | 21.0% | -0.6% | -30.0% | -49.7% | 302.5% |
Pre-tax income | -1.4 | -35.2 | -11.6 | -44.7 | -25.8 | -311.5 | -910.0 | 0.0 |
Income taxes | 7.1 | 0.1 | 0.0 | 8.0 | 0.0 | 59.6 | 4.2 | 0.0 |
Tax rate | | | | | 0.0% | | | |
Net income | 455.1 | -14.5 | -72.5 | -51.7 | -24.4 | -369.2 | -913.5 | 0.0 |
Net margin | 278.6% | -9.7% | -25.9% | -5.6% | -2.6% | -43.3% | -86.6% | 0.0% |
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Diluted EPS | $1.04 | ($0.03) | ($0.06) | ($0.12) | ($0.06) | ($0.87) | ($2.24) | |
Shares outstanding (diluted) | 436.8 | 436.8 | 1,208.5 | 436.6 | 426.8 | 425.6 | 408.2 | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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