Financial Summary (All financials)
| In millions of CNY, except per share items | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 |
| Revenues | 337.5 | 482.4 | 835.3 | 1,074.3 | 973.2 | 1,109.9 |
| Revenue growth | -30.0% | -42.3% | -22.2% | 10.4% | -12.3% | |
| Cost of goods sold | 159.6 | 183.1 | 293.8 | 313.8 | 317.7 | 505.8 |
| Gross profit | 177.9 | 299.3 | 541.6 | 760.5 | 655.5 | 604.1 |
| Gross margin | 52.7% | 62.0% | 64.8% | 70.8% | 67.4% | 54.4% |
| Sales and marketing | 148.4 | 229.8 | 613.2 | 743.7 | 747.9 | 692.7 |
| Research and development | 82.6 | 103.5 | 171.1 | 236.4 | 289.3 | 418.5 |
| General and administrative | 79.2 | 103.0 | 128.2 | 168.4 | 100.1 | 123.4 |
| EBITA | -107.5 | -87.1 | -473.5 | -373.6 | -467.8 | -630.6 |
| EBITA margin | -31.8% | -18.1% | -56.7% | -34.8% | -48.1% | -56.8% |
| Amortization of intangibles | 328.2 | 341.8 | 331.3 | 194.9 | 384.6 | 440.8 |
| EBIT | -435.6 | -428.9 | -804.8 | -568.4 | -852.4 | -1,071.3 |
| EBIT margin | -129.1% | -88.9% | -96.4% | -52.9% | -87.6% | -96.5% |
| Pre-tax income | -656.9 | -322.8 | -2,224.2 | -503.5 | -646.7 | 0.0 |
| Income taxes | -14.5 | 5.2 | -0.6 | -17.2 | -88.7 | 0.0 |
| Tax rate | 2.2% | | 0.0% | 3.4% | 13.7% | |
| Net income | -639.8 | -328.0 | -2,223.6 | -1,085.3 | -1,246.4 | 0.0 |
| Net margin | -189.6% | -68.0% | -266.2% | -101.0% | -128.1% | 0.0% |
| |
| Diluted EPS | ($0.25) | ($0.12) | ($0.82) | ($0.87) | ($2.26) | |
| Shares outstanding (diluted) | 2,519.9 | 2,630.4 | 2,718.8 | 1,248.0 | 550.8 | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|