Financial Summary (All financials)
In millions of CNY, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 27,009.8 | 9,456.6 | 284.4 | 0.0 |
Revenue growth | 185.6% | 3225.5% | | |
Cost of goods sold | 21,248.3 | 7,907.3 | 284.5 | 0.0 |
Gross profit | 5,761.5 | 1,549.3 | -0.1 | 0.0 |
Gross margin | 21.3% | 16.4% | 0.0% | |
Selling, general and administrative | 3,492.4 | 1,118.8 | 689.4 | 337.2 |
Research and development | 3,286.4 | 1,099.9 | 1,169.1 | 793.7 |
EBITA | -1,006.0 | -388.0 | -2,353.6 | -1,162.1 |
EBITA margin | -3.7% | -4.1% | -827.6% | |
Amortization of intangibles | 11.3 | 9.0 | 9.2 | 4.6 |
EBIT | -1,017.3 | -397.0 | -2,362.8 | -1,166.7 |
EBIT margin | -3.8% | -4.2% | -830.9% | |
Pre-tax income | -152.8 | -188.9 | -2,417.9 | -1,165.3 |
Income taxes | 168.6 | -22.8 | 20.7 | 367.0 |
Tax rate | | 12.1% | | |
Earnings from continuing ops | -321.5 | -792.0 | -3,281.6 | -1,849.6 |
Earnings from discontinued ops | | 0.0 | 0.0 | 0.0 |
Net income | -321.5 | -792.0 | -3,281.6 | -1,849.6 |
Net margin | -1.2% | -8.4% | -1154.0% | |
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Diluted EPS | ($0.17) | ($0.91) | ($12.87) | ($7.25) |
Shares outstanding (diluted) | 1,853.3 | 870.0 | 255.0 | 255.0 |
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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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