Financial Summary (All financials)
| In millions of CNY, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 805.0 | 585.8 | 1,435.7 | 1,445.8 | 356.4 | 168.4 |
| Revenue growth | 37.4% | -59.2% | | 305.7% | 111.7% | |
| Cost of goods sold | 738.2 | 563.2 | 1,225.5 | 143.8 | 66.7 | 34.4 |
| Gross profit | 66.9 | 22.6 | 210.2 | 1,301.9 | 289.7 | 134.0 |
| Gross margin | 8.3% | 3.9% | 14.6% | 90.1% | 81.3% | 79.6% |
| Sales and marketing | 143.5 | 128.6 | 207.6 | 1,227.9 | 382.9 | 262.4 |
| Research and development | 132.4 | 154.8 | 272.3 | 153.9 | 72.8 | 45.4 |
| General and administrative | 137.5 | 136.6 | 100.9 | 93.7 | 16.3 | 22.4 |
| EBITA | -254.9 | -301.3 | -286.0 | -173.6 | -182.3 | -196.2 |
| EBITA margin | -31.7% | -51.4% | -19.9% | -12.0% | -51.2% | -116.5% |
| Amortization of intangibles | 3.6 | 4.2 | 14.8 | | | |
| EBIT | -258.5 | -305.5 | -300.8 | -173.6 | -182.3 | -196.2 |
| EBIT margin | -32.1% | -52.2% | -21.0% | -12.0% | -51.2% | -116.5% |
| Pre-tax income | -204.7 | -313.4 | -538.6 | -173.7 | -182.1 | -196.2 |
| Income taxes | -0.6 | -1.3 | -8.0 | 28.4 | 0.0 | 0.0 |
| Tax rate | 0.3% | 0.4% | 1.5% | | 0.0% | 0.0% |
| Net income | -199.8 | -304.1 | -451.8 | -202.1 | -182.1 | -196.2 |
| Net margin | -24.8% | -51.9% | -31.5% | -14.0% | -51.1% | -116.5% |
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| Diluted EPS | ($0.47) | ($0.72) | ($1.07) | ($0.57) | ($0.53) | ($0.57) |
| Shares outstanding (diluted) | 423.7 | 423.1 | 420.6 | 353.5 | 345.5 | 345.5 |
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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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