Yonyou annual revenue was ¥7.70 b in FY 2018

Yonyou Gross profit (H1, 2019)2.2 B

Yonyou Gross profit margin (H1, 2019), %66%

Yonyou Net income (H1, 2019)559.8 M

Yonyou EBIT (H1, 2019)594.4 M

Yonyou Cash, 30-Jun-20194.4 B

Yonyou revenue was ¥7.70 b in FY, 2018 which is a 21.4% year over year increase from the previous period.

Yonyou revenue breakdown by business segment: 96.6% from Primary Activity and 3.4% from Other

CNY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 5.1b | 6.3b | 7.7b |

| 24% | 21% | |

## Cost of goods sold | 1.6b | 1.8b | 2.3b |

## Gross profit | 3.5b | 4.5b | 5.4b |

| 69% | 71% | 70% |

## Sales and marketing expense | 1.3b | 1.4b | 1.6b |

## R&D expense | 1.3b | ||

## General and administrative expense | 2.0b | 2.3b | 1.5b |

## Operating expense total | 3.3b | 3.8b | 4.4b |

## EBIT | (51.4m) | 676.2m | 943.1m |

| (1%) | 11% | 12% |

## Interest expense | 137.3m | 190.3m | |

## Interest income | 53.9m | 85.2m | |

## Investment income | 51.5m | 71.6m | 100.6m |

## Pre tax profit | 295.5m | 685.8m | 950.3m |

## Income tax expense | 51.3m | 125.8m | 140.1m |

## Net Income | 244.2m | 560.0m | 810.2m |

CNY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Revenue | 2.2b | 3.0b | 3.3b |

## Cost of goods sold | 705.8m | 934.6m | 1.1b |

## Gross profit | 1.5b | 2.1b | 2.2b |

| 68% | 69% | 66% |

## Sales and marketing expense | 541.3m | 596.7m | 584.2m |

## R&D expense | 739.7m | ||

## General and administrative expense | 997.2m | 1.2b | 539.9m |

## Operating expense total | 1.5b | 1.8b | 1.9b |

## EBIT | (56.8m) | 294.0m | 594.4m |

| (3%) | 10% | 18% |

## Interest expense | 90.5m | 87.0m | |

## Interest income | 32.7m | 32.8m | |

## Investment income | 17.6m | 18.8m | 169.7m |

## Pre tax profit | (40.3m) | 297.0m | 595.5m |

## Income tax expense | 10.6m | 72.4m | 35.7m |

## Net Income | (50.9m) | 224.7m | 559.8m |

CNY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 4.5b | 4.0b | 5.5b |

## Accounts Receivable | 1.6b | 1.5b | 1.4b |

## Prepaid Expenses | 50.4m | 57.7m | 65.6m |

## Inventories | 34.6m | 31.8m | 21.8m |

## Current Assets | 7.5b | 7.3b | 8.3b |

## PP&E | 613.6m | 322.2m | 446.1m |

## Goodwill | 984.0m | 975.9m | 925.0m |

## Total Assets | 12.2b | 14.0b | 15.2b |

## Accounts Payable | 436.0m | 452.9m | 455.6m |

## Short-term debt | 2.4b | 3.5b | 3.2b |

## Current Liabilities | 5.5b | 6.9b | 7.3b |

## Long-term debt | 254.3m | 305.1m | 171.7m |

## Non-Current Liabilities | 307.3m | 368.2m | 220.8m |

## Total Debt | 2.6b | 3.8b | 3.3b |

## Total Liabilities | 5.8b | 7.3b | 7.6b |

## Common Stock | 1.5b | 1.5b | 1.9b |

## Additional Paid-in Capital | 2.4b | 2.2b | 2.1b |

## Retained Earnings | 1.3b | 1.5b | 1.8b |

## Total Equity | 6.4b | 6.7b | 7.7b |

## EPS | 0.1 | 0.3 | 0.3 |

## Debt to Equity Ratio | 0.4 x | 0.6 x | 0.4 x |

## Debt to Assets Ratio | 0.2 x | 0.3 x | 0.2 x |

## Financial Leverage | 1.9 x | 2.1 x | 2 x |

CNY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Cash | 2.9b | 3.7b | 4.4b |

## Accounts Receivable | 1.6b | 1.5b | 1.3b |

## Prepaid Expenses | 83.3m | 72.8m | 75.4m |

## Inventories | 37.9m | 28.3m | 22.9m |

## Current Assets | 6.9b | 7.0b | 7.8b |

## PP&E | 254.1m | 369.1m | |

## Goodwill | 996.6m | 970.5m | 925.0m |

## Total Assets | 13.0b | 13.8b | 15.1b |

## Accounts Payable | 404.6m | 403.8m | 460.1m |

## Short-term debt | 3.8b | 3.8b | 4.3b |

## Current Liabilities | 6.8b | 6.8b | 7.6b |

## Long-term debt | 271.0m | 243.3m | 90.0m |

## Non-Current Liabilities | 318.8m | 292.6m | 178.6m |

## Total Debt | 4.0b | 4.0b | 4.4b |

## Total Liabilities | 7.1b | 7.1b | 7.8b |

## Common Stock | 1.5b | 1.9b | 2.5b |

## Additional Paid-in Capital | 2.4b | 1.9b | 1.6b |

## Retained Earnings | 1.1b | 1.4b | 1.9b |

## Total Equity | 5.9b | 6.7b | 7.3b |

## Debt to Equity Ratio | 0.7 x | 0.6 x | 0.6 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x |

## Financial Leverage | 2.2 x | 2.1 x | 2.1 x |

CNY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Net Income | (50.9m) | 224.7m | 559.8m |

## Cash From Operating Activities | (575.9m) | (36.3m) | (321.9m) |

## Cash From Investing Activities | (1.9b) | (290.2m) | (950.6m) |

## Long-term Borrowings | 2.1b | 2.9b | 2.3b |

## Dividends Paid | 59.2m | 96.8m | 91.3m |

## Cash From Financing Activities | 888.1m | (151.1m) | (49.0m) |

## Net Change in Cash | (1.6b) | (477.3m) | (1.3b) |

CNY | Y, 2019 |
---|---|

## Debt/Equity | 0.6 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2.1 x |