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Financial statements

CNYFY, 2018FY, 2019FY, 2020FY, 2021
Revenue25.5B22.2B23.4B20.8B
Cost of goods sold22.7B19.2B21.1B22.2B
Gross profit3.4B3.6B2.8B(805.1M)
Gross profit margin, %13.3%16.1%11.8%-3.9%
Operating expense total2.6B2.3B2.1B2.2B
Depreciation and amortization766.3M785.3M738.5M879.8M
EBITDA791.3M1.3B639.4M(3.0B)
EBITDA margin, %3.1%5.7%2.7%-14.5%
EBIT53.3M264.1M187.2M(4.2B)
EBIT margin, %0.2%1.2%0.8%-20.3%
Interest income62.3M62.0M47.1M37.0M
Interest expense124.3M121.2M233.6M217.1M
Pre tax profit156.9M217.1M77.0M(4.2B)
Income tax expense54.2M99.9M60.9M(99.4M)
Net Income102.7M117.2M16.1M(4.1B)

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