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.
Type
Public
HQ
Hangzhou, CN
Founded
2007
Size (employees)
9,998 (est)
Best was founded in 2007 and is headquartered in Hangzhou, CN

Best Office Locations

Best has an office in Hangzhou
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Best Financials and Metrics

Best Financials

Best's revenue was reported to be ¥8.8 b in FY, 2016
CNY

Revenue (Q2, 2017)

4.9 b

Gross profit (Q2, 2017)

133 m

Gross profit margin (Q2, 2017), %

3%

Net income (Q2, 2017)

(201.8 m)

EBIT (Q2, 2017)

(215 m)

Cash (31-Dec-2016)

2.9 b
CNYFY, 2014FY, 2015FY, 2016

Revenue

3.1 b5.3 b8.8 b

Revenue growth, %

71%68%

Cost of goods sold

3.4 b5.8 b9.4 b

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

(220.3 m)(56.8 m)(88.1 m)(136.5 m)133 m

Gross profit Margin, %

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

Cash

291.1 m2.9 b

Accounts Receivable

335.3 m432.7 m

Prepaid Expenses

471.4 m793.9 m

Inventories

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

Net Income

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

Depreciation and Amortization

85 m147.3 m246.3 m

Accounts Receivable

(75.5 m)(143.9 m)(111 m)

Inventories

(8.9 m)(17.5 m)(48.9 m)
Show all financial metrics

Best Operating Metrics

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

Orders Processed

20.28 m53.82 m120.67 m

Cloud OFCs

65106233

Franchises

9 k

Service Centers

27 k
Show all operating metrics

Best Revenue Breakdown

Best's Web-traffic and Trends

Best Company Life and Culture

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