Closing prices at the end of each trading day, from 12 Jun 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208.9 | 381.7 | 429.9 | 507.9 | 563.2 | 537.4 | 515.8 | 539.6 |
| Growth | +82.7% | +12.6% | +18.1% | +10.9% | −4.6% | −4.0% | +4.6% | |
| Operating income | −161.4 | −169.1 | −412.4 | −797.1 | −980.4 | −669.3 | −357.6 | −54.8 |
| Net income | −177.5 | −169.2 | −407.2 | −796.7 | −971.2 | −653.7 | −346.6 | −55.3 |
| Growth |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 64.7% | 71.6% | 73.0% | 71.7% | 67.5% | 67.6% | 70.3% | 74.7% |
| Operating margin | −77.3% | −44.3% | −95.9% | −156.9% | −174.1% | −124.5% | −69.3% | −10.2% |
| Net margin | −85.0% | −44.3% | −94.7% | −156.9% | −172.4% | −121.6% | −67.2% | −10.3% |
| Free cash flow margin | −82.3% | −71.0% | −31.1% | −134.3% | −92.1% | −49.1% | −18.9% | −6.2% |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −148.8 | −228.0 | −73.5 | −477.9 | −456.8 | −255.8 | −92.3 | −28.4 |
| Capital expenditure | −23.2 | −43.0 | −60.3 | −204.3 | −62.0 | −8.1 | −5.4 | −5.2 |
| Free cash flow | −172.0 | −271.0 | −133.8 | −682.2 | −518.8 | −263.9 | −97.7 | −33.7 |
| Growth | ||||||||
| Buybacks | 0.0 | −3.6 | 0.0 | 0.0 | n/a | n/a | n/a | n/a |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash | 93.3 | 94.2 | 1,895.3 | 1,431.3 | 905.5 | 615.1 | 519.8 | 478.4 |
| Shareholders’ equity | −603.5 | −891.5 | 2,421.0 | 1,845.3 | 1,158.3 | 768.4 | 580.8 | 535.3 |
In millions of CNY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.
| Fiscal year | FY2018 31 Dec 2018 | FY2019 31 Dec 2019 | FY2020 31 Dec 2020 | FY2021 31 Dec 2021 | FY2022 31 Dec 2022 | FY2023 31 Dec 2023 | FY2024 31 Dec 2024 | FY2025 31 Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operations | ||||||||
| −148.8 | −228.0 | −73.5 | −477.9 | −456.8 | −255.8 | −92.3 | −28.4 | |
| Growth | ||||||||
| 24.7 | 31.4 | 33.3 | 47.8 | 124.1 | 133.4 | 52.2 | 21.8 | |
| Investment | ||||||||
| −23.2 | −43.0 | −60.3 | −204.3 | −62.0 | −8.1 | −5.4 | −5.2 | |
| calc | −172.0 | −271.0 | −133.8 | −682.2 | −518.8 | −263.9 | −97.7 | −33.7 |
| Growth | ||||||||
| 106.1 | −346.7 | −109.3 | 81.7 | −7.5 | −9.3 | −4.4 | −4.4 | |
| Financing | ||||||||
| 83.4 | 571.7 | 2,165.7 | −52.9 | −86.2 | −48.8 | −0.1 | 1.9 | |
| 0.0 | −3.6 | 0.0 | 0.0 | n/a | n/a | n/a | n/a | |
Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative. Shown in CNY as filed; the screener converts to dollars.