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 | 1,057.5 | 877.1 | 1,167.4 | 448.5 |
| Revenue growth | 20.6% | -24.9% | 160.3% | |
| Cost of goods sold | 1,221.5 | 0.0 | 1,548.5 | 663.6 |
| Gross profit | -164.0 | 877.1 | -381.1 | -215.1 |
| Gross margin | -15.5% | 100.0% | -32.6% | -48.0% |
| Sales and marketing | 61.7 | 47.1 | 75.8 | 44.8 |
| General and administrative | 282.2 | 320.2 | 181.6 | 118.8 |
| EBITA | -512.6 | -486.7 | -642.9 | -343.8 |
| EBITA margin | -48.5% | -55.5% | -55.1% | -76.7% |
| Amortization of intangibles | 10.2 | 11.2 | 10.8 | 1.9 |
| EBIT | -522.8 | -497.9 | -653.7 | -345.7 |
| EBIT margin | -49.4% | -56.8% | -56.0% | -77.1% |
| Pre-tax income | -2,158.3 | -504.4 | -800.3 | -442.1 |
| Income taxes | -4.5 | -2.9 | -4.9 | -2.1 |
| Tax rate | 0.2% | 0.6% | 0.6% | 0.5% |
| Net income | 166.4 | 18.8 | 14.0 | -429.6 |
| Net margin | 15.7% | 2.1% | 1.2% | -95.8% |
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| Diluted EPS | $38.58 | $5.78 | $5.58 | ($9.91) |
| Shares outstanding (diluted) | 4.3 | 3.3 | 2.5 | 43.4 |
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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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