Financial Summary (All financials)
| In millions of CNY, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 20,055.0 | 20,029.0 | 18,327.0 | 35,716.0 | 31,104.0 | 26,993.0 | | |
| Revenue growth | 0.1% | 9.3% | -48.7% | 14.8% | 15.2% | | | |
| Cost of goods sold | 4,513.0 | 4,598.0 | 4,031.0 | 7,372.0 | 6,324.0 | 4,678.0 | | |
| Gross profit | 15,542.0 | 15,431.0 | 14,296.0 | 28,344.0 | 24,780.0 | 22,315.0 | | |
| Gross margin | 77.5% | 77.0% | 78.0% | 79.4% | 79.7% | 82.7% | | |
| Sales and marketing | 4,250.0 | 4,922.0 | 4,405.0 | 9,295.0 | 9,596.0 | 8,294.0 | | |
| Research and development | 8,341.0 | 8,992.0 | 7,667.0 | 10,670.0 | 9,620.0 | 8,259.0 | | |
| General and administrative | 2,847.0 | 2,922.0 | 3,636.0 | 3,289.0 | 2,820.0 | 2,622.0 | | |
| EBITA | -255.0 | -1,017.0 | -2,685.0 | 5,133.0 | 3,009.0 | 3,271.0 | | |
| EBITA margin | -1.3% | -5.1% | -14.7% | 14.4% | 9.7% | 12.1% | | |
| Amortization of intangibles | 243.0 | 298.0 | 427.0 | 440.0 | 436.0 | 393.0 | | |
| EBIT | -498.0 | -1,315.0 | -3,112.0 | 4,693.0 | 2,573.0 | 2,878.0 | | |
| EBIT margin | -2.5% | -6.6% | -17.0% | 13.1% | 8.3% | 10.7% | | |
| Pre-tax income | 2,635.0 | -471.0 | -1,225.0 | 9,087.0 | 1,921.0 | 3,524.0 | | |
| Income taxes | 682.0 | 270.0 | 355.0 | 1,742.0 | 793.0 | 1,285.0 | | |
| Tax rate | 25.9% | | | 19.2% | 41.3% | 36.5% | | |
| Net income | 1,367.0 | -645.0 | -3,269.0 | 6,998.0 | 1,096.0 | 2,174.0 | | |
| Net margin | 6.8% | -3.2% | -17.8% | 19.6% | 3.5% | 8.1% | | |
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| Diluted EPS | $2.08 | ($1.02) | ($5.44) | $10.90 | $15.45 | $30.29 | | |
| Shares outstanding (diluted) | 657.1 | 634.1 | 600.9 | 642.0 | 70.9 | 71.8 | | |
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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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