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 |
| Revenues | 9,165.3 | 9,601.9 | 7,283.2 | 3,654.4 | 1,885.7 |
| Revenue growth | -4.5% | 31.8% | 99.3% | 93.8% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 3,503.4 | 1,890.4 |
| Gross profit | 9,165.3 | 9,601.9 | 7,283.2 | 151.0 | -4.7 |
| Gross margin | 100.0% | 100.0% | 100.0% | 4.1% | -0.2% |
| Sales and marketing | 952.9 | 580.4 | 598.7 | 538.9 | 310.3 |
| Research and development | 490.0 | 416.3 | 383.9 | | |
| General and administrative | 376.0 | 375.9 | 446.1 | | |
| EBITA | -593.3 | 376.7 | -77.6 | 2,662.8 | 1,274.9 |
| EBITA margin | -6.5% | 3.9% | -1.1% | 72.9% | 67.6% |
| Amortization of intangibles | 70.5 | 89.8 | 57.3 | 18.5 | 2.9 |
| EBIT | -663.8 | 286.9 | -134.9 | 2,644.2 | 1,272.0 |
| EBIT margin | -7.2% | 3.0% | -1.9% | 72.4% | 67.5% |
| Pre-tax income | -605.1 | 403.4 | 36.6 | -869.1 | -611.8 |
| Income taxes | -23.2 | -82.1 | -3.2 | 7.2 | 1.1 |
| Tax rate | 3.8% | | | | |
| Net income | -581.9 | 485.5 | 39.8 | -876.3 | -612.9 |
| Net margin | -6.3% | 5.1% | 0.5% | -24.0% | -32.5% |
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| Diluted EPS | ($17.88) | $14.71 | $1.26 | ($107.98) | ($74.85) |
| Shares outstanding (diluted) | 32.5 | 33.0 | 31.4 | 8.1 | 8.2 |
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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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