Best Financials

¥4.9 B

Revenue Q2, 2017
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

Financials

Revenue/Financials

Income Statement

Annual

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)

Gross profit Margin, %

(12%)(10%)(6%)

Sales and marketing expense

132.1 m188.5 m370 m

R&D expense

26.6 m46.2 m80.3 m

General and administrative expense

233 m380.9 m521.2 m

Operating expense total

391.7 m615.5 m971.6 m

EBIT

(723.2 m)(1.1 b)(1.4 b)

EBIT margin, %

(24%)(21%)(16%)

Interest expense

8 m10.4 m21.4 m

Interest income

4 m3.7 m24.4 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)

    Quarterly

    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%

    Sales and marketing expense

    64.6 m71.5 m112.4 m113.2 m160.5 m

    R&D expense

    17.7 m17.7 m20.7 m26.9 m27 m

    General and administrative expense

    110.2 m117.7 m152.8 m150.7 m160.5 m

    Operating expense total

    192.5 m207 m285.9 m290.8 m348 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 m5 m2.7 m10.6 m10.1 m

    Interest income

    2 m4.1 m7.8 m7.4 m26.6 m

    Pre tax profit

    403.7 m231 m321.2 m(422.8 m)(199.3 m)

    Income tax expense

    11022.5 m

    Net Income

    403.7 m231 m321.3 m(422.8 m)(201.8 m)

      Balance Sheet

      Annual

      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

      Current Assets

      1.3 b4.8 b

      PP&E

      625.5 m947.5 m

      Goodwill

      239.6 m247.2 m

      Total Assets

      2.3 b6.3 b

      Accounts Payable

      1.1 b1.6 b

      Short-term debt

      338 m458 m

      Current Liabilities

      2.7 b4 b

      Non-Current Liabilities

      4.3 m11.5 m

      Total Debt

      338 m458 m

      Total Liabilities

      2.7 b4 b

      Common Stock

      4.1 m4.1 m

      Retained Earnings

      (8 b)(13.7 b)

      Total Equity

      7.6 b15.8 b

      EPS

      (89.2)(93.5)

      Debt to Equity Ratio

      0 x0 x

      Debt to Assets Ratio

      0.1 x0.1 x

      Financial Leverage

      0.3 x0.4 x

      Cash Flow

      Annual

      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)

      Accounts Payable

      273.4 m441.6 m481.3 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 m905.3 m4.1 b

      Net Change in Cash

      133.8 m35.9 m2.5 b

      Interest Paid

      8 m12 m22 m

      Income Taxes Paid

      103 k

      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

      Parcels Delivered Yearly

      2.2 b

      Freight Delivered, tonnes

      3 m