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-20162.9 B

CNY | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|

## Revenue | 3.1 b | 5.3 b | 8.8 b |

## Revenue growth, % | 71% | 68% | |

## Cost of goods sold | 3.4 b | 5.8 b | 9.4 b |

## Gross profit | (374.7 m) | (534.4 m) | (532.4 m) |

## Gross profit Margin, % | (12%) | (10%) | (6%) |

## Sales and marketing expense | 132.1 m | 188.5 m | 370 m |

## R&D expense | 26.6 m | 46.2 m | 80.3 m |

## General and administrative expense | 233 m | 380.9 m | 521.2 m |

## Operating expense total | 391.7 m | 615.5 m | 971.6 m |

## EBIT | (723.2 m) | (1.1 b) | (1.4 b) |

## EBIT margin, % | (24%) | (21%) | (16%) |

## Interest expense | 8 m | 10.4 m | 21.4 m |

## Interest income | 4 m | 3.7 m | 24.4 m |

## Pre tax profit | (718.5 m) | (1.1 b) | (1.4 b) |

## Income tax expense | (570 k) | ||

## Net Income | (718.5 m) | (1.1 b) | (1.4 b) |

CNY | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
---|---|---|---|---|---|

## Revenue | 1.5 b | 2 b | 2.3 b | 3.2 b | 4.9 b |

## Cost of goods sold | 1.7 b | 2 b | 2.4 b | 3.4 b | 4.7 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% |

## Sales and marketing expense | 64.6 m | 71.5 m | 112.4 m | 113.2 m | 160.5 m |

## R&D expense | 17.7 m | 17.7 m | 20.7 m | 26.9 m | 27 m |

## General and administrative expense | 110.2 m | 117.7 m | 152.8 m | 150.7 m | 160.5 m |

## Operating expense total | 192.5 m | 207 m | 285.9 m | 290.8 m | 348 m |

## EBIT | (401.6 m) | (235.2 m) | (349.8 m) | (428.2 m) | (215 m) |

## EBIT margin, % | (27%) | (12%) | (15%) | (13%) | (4%) |

## Interest expense | 6.6 m | 5 m | 2.7 m | 10.6 m | 10.1 m |

## Interest income | 2 m | 4.1 m | 7.8 m | 7.4 m | 26.6 m |

## Pre tax profit | 403.7 m | 231 m | 321.2 m | (422.8 m) | (199.3 m) |

## Income tax expense | 1 | 102 | 2.5 m | ||

## Net Income | 403.7 m | 231 m | 321.3 m | (422.8 m) | (201.8 m) |

CNY | FY, 2015 | FY, 2016 |
---|---|---|

## Cash | 291.1 m | 2.9 b |

## Accounts Receivable | 335.3 m | 432.7 m |

## Prepaid Expenses | 471.4 m | 793.9 m |

## Inventories | 37.9 m | 82.1 m |

## Current Assets | 1.3 b | 4.8 b |

## PP&E | 625.5 m | 947.5 m |

## Goodwill | 239.6 m | 247.2 m |

## Total Assets | 2.3 b | 6.3 b |

## Accounts Payable | 1.1 b | 1.6 b |

## Short-term debt | 338 m | 458 m |

## Current Liabilities | 2.7 b | 4 b |

## Non-Current Liabilities | 4.3 m | 11.5 m |

## Total Debt | 338 m | 458 m |

## Total Liabilities | 2.7 b | 4 b |

## Common Stock | 4.1 m | 4.1 m |

## Retained Earnings | (8 b) | (13.7 b) |

## Total Equity | 7.6 b | 15.8 b |

## EPS | (89.2) | (93.5) |

## Debt to Equity Ratio | 0 x | 0 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x |

## Financial Leverage | 0.3 x | 0.4 x |

CNY | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|

## Net Income | (718.5 m) | (1.1 b) | (1.4 b) |

## Depreciation and Amortization | 85 m | 147.3 m | 246.3 m |

## Accounts Receivable | (75.5 m) | (143.9 m) | (111 m) |

## Inventories | (8.9 m) | (17.5 m) | (48.9 m) |

## Accounts Payable | 273.4 m | 441.6 m | 481.3 m |

## Cash From Operating Activities | (328.9 m) | (312.2 m) | (788.8 m) |

## Purchases of PP&E | (212.5 m) | (398.1 m) | (628.5 m) |

## Cash From Investing Activities | (319.3 m) | (557.3 m) | (843.8 m) |

## Short-term Borrowings | (66.2 m) | (320 m) | (598 m) |

## Cash From Financing Activities | 782 m | 905.3 m | 4.1 b |

## Net Change in Cash | 133.8 m | 35.9 m | 2.5 b |

## Interest Paid | 8 m | 12 m | 22 m |

## Income Taxes Paid | 103 k |

FY, 2014 | FY, 2015 | FY, 2016 | Q2, 2017 | |
---|---|---|---|---|

## Orders Processed | 20.28 m | 53.82 m | 120.67 m | |

## Cloud OFCs | 65 | 106 | 233 | |

## Franchises | 9 k | |||

## Service Centers | 27 k | |||

## Parcels Delivered Yearly | 2.2 b | |||

## Freight Delivered, tonnes | 3 m |