Best is engaged in providing supply chain solutions. The Company offers a cloud based platform, Best Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include Best supply chain management, Best express, Best freight, Best store+, Best global, Best cargo and Best Ucargo.

Employee Rating

4.0More
TypePublic
HQHangzhou, CN
Founded2007
Size (employees)8,784 (est)-12%
Websitebest-inc.com
Best was founded in 2007 and is headquartered in Hangzhou, CN
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Best Office Locations

Best has an office in Hangzhou
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Best Financials and Metrics

Best Revenue

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Best's revenue was reported to be ¥8.84 b in FY, 2016 which is a 68.3% increase from the previous period.
CNY

Revenue (Q2, 2017)

4.9b

Gross profit (Q2, 2017)

133.0m

Gross profit margin (Q2, 2017), %

2.7%

Net income (Q2, 2017)

(201.8m)

EBIT (Q2, 2017)

(215.0m)

Market capitalization (16-Jan-2019)

1.9b

Closing stock price (16-Jan-2019)

5.0

Cash (31-Dec-2016)

2.9b

EV

(549.1m)
Best's current market capitalization is $1.9 b.
Annual
CNYFY, 2014FY, 2015FY, 2016

Revenue

3.1b5.3b8.8b

Revenue growth, %

71%68%

Cost of goods sold

3.4b5.8b9.4b

Gross profit

(374.7m)(534.4m)(532.4m)
Quarterly
CNYQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

1.5b2.0b2.3b3.2b4.9b

Cost of goods sold

1.7b2.0b2.4b3.4b4.7b

Gross profit

(220.3m)(56.8m)(88.1m)(136.5m)133.0m

Gross profit Margin, %

(15%)(3%)(4%)(4%)3%
CNYFY, 2015FY, 2016

Cash

291.1m2.9b

Accounts Receivable

335.3m432.7m

Prepaid Expenses

471.4m793.9m

Inventories

37.9m82.1m
CNYFY, 2014FY, 2015FY, 2016

Net Income

(718.5m)(1.1b)(1.4b)

Depreciation and Amortization

85.0m147.3m246.3m

Inventories

(8.9m)(17.5m)(48.9m)

Accounts Payable

273.4m441.6m481.3m
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Best Operating Metrics

FY, 2014FY, 2015FY, 2016Q2, 2017

Orders Processed

20.28 m53.82 m120.67 m

Cloud OFCs

65 106 233

Franchises

9 k

Service Centers

27 k
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Best Revenue Breakdown

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Best revenue breakdown by business segment: 6.3% from Store, 18.1% from Freight delivery, 60.9% from Express elivery, 14.0% from Supply chain management and 0.6% from Other

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Best Company Life and Culture

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Best Frequently Asked Questions

  • When was Best founded?

    Best was founded in 2007.

  • How many employees does Best have?

    Best has 8,784 employees.

  • What is Best revenue?

    Latest Best annual revenue is ¥8.8 b.

  • What is Best revenue per employee?

    Latest Best revenue per employee is ¥1 m.

  • Who are Best competitors?

    Competitors of Best include project44, FourKites and Nextail.

  • Where are Best offices?

    Best has an office in Hangzhou.

  • How many offices does Best have?

    Best has 1 office.