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 | 6,250.1 | 6,433.4 | 5,812.3 | 3,645.3 | 2,048.9 | 14.7 | 896.5 |
| Revenue growth | -2.8% | 10.7% | 59.4% | 77.9% | 13813.5% | -98.4% | |
| Cost of goods sold | 7,704.4 | 8,814.2 | 7,686.6 | 4,847.0 | 2,909.7 | 2,478.6 | 785.9 |
| Gross profit | -1,454.3 | -2,380.9 | -1,874.3 | -1,201.7 | -860.8 | -2,463.9 | 110.6 |
| Gross margin | -23.3% | -37.0% | -32.2% | -33.0% | -42.0% | -16731.6% | 12.3% |
| Sales and marketing | 438.3 | 358.7 | 182.0 | 96.5 | 44.0 | 27.8 | 19.2 |
| Research and development | 515.1 | 538.0 | 430.8 | 263.2 | 153.8 | 132.3 | 61.6 |
| General and administrative | 258.3 | 261.8 | 248.5 | 214.0 | 114.9 | 102.6 | 70.0 |
| EBITA | 151.7 | 238.1 | 613.2 | 367.9 | 185.0 | 11.6 | -40.1 |
| EBITA margin | 2.4% | 3.7% | 10.5% | 10.1% | 9.0% | 78.5% | -4.5% |
| Amortization of intangibles | 16.8 | 12.2 | 7.8 | 0.4 | 0.2 | | |
| EBIT | 135.0 | 226.0 | 605.4 | 367.5 | 184.8 | 11.6 | -40.1 |
| EBIT margin | 2.2% | 3.5% | 10.4% | 10.1% | 9.0% | 78.5% | -4.5% |
| Pre-tax income | 106.7 | 265.6 | 652.4 | 386.6 | 191.9 | 28.9 | -38.8 |
| Income taxes | 10.7 | 31.2 | 77.9 | 52.0 | 27.6 | 3.1 | -0.9 |
| Tax rate | 10.1% | 11.7% | 11.9% | 13.5% | 14.4% | 10.7% | 2.3% |
| Net income | 137.8 | 228.8 | 572.7 | 113.5 | 46.1 | -12.1 | -61.3 |
| Net margin | 2.2% | 3.6% | 9.9% | 3.1% | 2.3% | -82.3% | -6.8% |
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| Diluted EPS | $0.52 | $0.88 | $2.24 | $0.50 | $0.60 | ($0.22) | ($1.22) |
| Shares outstanding (diluted) | 264.4 | 260.4 | 256.0 | 225.0 | 76.3 | 55.6 | 50.0 |
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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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