Financial Summary (All financials)
In millions of CNY, except per share items | Sep-30-21 | Sep-30-20 | Sep-30-19 | Sep-30-18 | Sep-30-17 |
Revenues | 1,036.2 | 1,208.0 | 1,233.8 | 889.9 | 522.7 |
Revenue growth | -14.2% | -2.1% | 38.6% | 70.2% | |
Cost of goods sold | 635,460.7 | 758,782.4 | 878,509.0 | 599,263.0 | 394,469.6 |
Gross profit | -634,424.4 | -757,574.5 | -877,275.2 | -598,373.0 | -393,946.9 |
Gross margin | -61225.7% | -62715.0% | -71105.2% | -67237.7% | -75362.3% |
Sales and marketing | 13.1 | 63.5 | 135.4 | 117.8 | 42.0 |
Research and development | 7.8 | 24.9 | 47.0 | 51.9 | 44.2 |
General and administrative | 217.1 | 102.8 | 108.2 | 85.0 | 34.4 |
EBITA | -141.2 | -578.4 | -401.9 | -375.6 | -166.8 |
EBITA margin | -13.6% | -47.9% | -32.6% | -42.2% | -31.9% |
Amortization of intangibles | 58.9 | 75.7 | 0.2 | 0.2 | |
EBIT | -200.1 | -654.0 | -402.1 | -375.8 | -166.8 |
EBIT margin | -19.3% | -54.1% | -32.6% | -42.2% | -31.9% |
Pre-tax income | -569.2 | -1,533.6 | -498.3 | -497.5 | -244.8 |
Income taxes | 0.0 | 0.0 | 0.1 | 2.4 | 0.6 |
Net income | -569.2 | -1,533.6 | -805.6 | -635.4 | -304.2 |
Net margin | -54.9% | -127.0% | -65.3% | -71.4% | -58.2% |
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Diluted EPS | ($0.39) | ($1.14) | ($1.87) | ($1.55) | ($0.86) |
Shares outstanding (diluted) | 1,460.7 | 1,351.1 | 430.5 | 409.4 | 354.9 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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