Financial Summary (All financials)
| In millions of CNY, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 3,131.6 | 6,019.7 | 6,845.6 | 5,387.6 | 3,740.5 | 2,593.8 | 1,743.1 |
| Revenue growth | -48.0% | -12.1% | 27.1% | 44.0% | 44.2% | 48.8% | |
| Cost of goods sold | 3,013.5 | 5,138.3 | 5,648.6 | 4,427.8 | 3,128.4 | 2,193.7 | 1,526.0 |
| Gross profit | 118.2 | 881.4 | 1,196.9 | 959.7 | 612.0 | 400.1 | 217.1 |
| Gross margin | 3.8% | 14.6% | 17.5% | 17.8% | 16.4% | 15.4% | 12.5% |
| Sales and marketing | 214.3 | 279.2 | 480.4 | 410.5 | 246.0 | 218.8 | 243.6 |
| General and administrative | 299.1 | 267.8 | 208.1 | 110.8 | 110.1 | 74.3 | 77.9 |
| EBIT | -620.5 | 34.4 | 219.0 | 219.3 | 94.8 | -29.2 | -211.8 |
| EBIT margin | -19.8% | 0.6% | 3.2% | 4.1% | 2.5% | -1.1% | -12.1% |
| Pre-tax income | -734.8 | -80.8 | 193.1 | 196.3 | 101.9 | -44.6 | -222.0 |
| Income taxes | -169.1 | 6.6 | 31.4 | 40.7 | -31.5 | -0.1 | 0.0 |
| Tax rate | 23.0% | | 16.3% | 20.8% | | 0.3% | 0.0% |
| Net income | -565.8 | -72.4 | 154.4 | 151.8 | -69.4 | -640.4 | -435.7 |
| Net margin | -18.1% | -1.2% | 2.3% | 2.8% | -1.9% | -24.7% | -25.0% |
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| Diluted EPS | ($4.00) | ($0.79) | $2.05 | $2.01 | ($1.85) | ($89.06) | ($81.22) |
| Shares outstanding (diluted) | 141.3 | 91.9 | 75.4 | 75.7 | 37.5 | 7.2 | 5.4 |
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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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