Baozun Inc. (HKG:9991)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
7.06
+0.32 (4.75%)
Apr 16, 2026, 3:59 PM HKT

Baozun Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
9,9459,4228,8128,4019,396
Revenue Growth (YoY)
5.55%6.93%4.90%-10.60%6.15%
Cost of Revenue
4,8864,9354,9164,9765,938
Gross Profit
5,0604,4873,8963,4253,459
Selling, General & Admin
4,5994,1003,6853,0463,076
Research & Development
463.21550.29505.2427.95448.41
Other Operating Expenses
-77.38.02-44.87-22.41-31.26
Operating Expenses
4,9854,6584,1453,4513,493
Operating Income
74.95-171.35-249.67-26.44-34.24
Interest Expense
-44.57-38.99-41.34-56.92-56.85
Interest & Investment Income
58.5668.7582.1145.8262.94
Earnings From Equity Investments
11.09-24.666.25-3.593.3
Currency Exchange Gain (Loss)
-3.72-10.21-8.53-32.3846.23
Other Non Operating Income (Expenses)
-1.911.8424.52-364.76-
EBT Excluding Unusual Items
94.4-164.62-186.66-438.2721.39
Impairment of Goodwill
-18.4-6.93-35.21-13.16-
Gain (Loss) on Sale of Investments
-229.42-9.55-68.03-123.19-213.35
Gain (Loss) on Sale of Assets
-36.26-0.63-90.07-
Other Unusual Items
-63.4678.580.7941.26
Pretax Income
-189.67-117.65-210.77-583.89-150.7
Income Tax Expense
9.9120.741226.4855.26
Earnings From Continuing Operations
-199.58-138.38-222.78-610.37-205.96
Minority Interest in Earnings
-42.52-46.81-55.65-42.92-13.87
Net Income
-242.1-185.2-278.42-653.29-219.83
Net Income to Common
-242.1-185.2-278.42-653.29-219.83
Shares Outstanding (Basic)
5860606172
Shares Outstanding (Diluted)
5860606172
Shares Change (YoY)
-3.45%0.63%-2.58%-15.30%13.29%
EPS (Basic)
-4.19-3.09-4.68-10.69-3.05
EPS (Diluted)
-4.20-3.09-4.68-10.69-3.06
Free Cash Flow
--30.83283.25175.65-381.69
Free Cash Flow Per Share
--0.524.762.88-5.29
Gross Margin
50.88%47.62%44.21%40.77%36.81%
Operating Margin
0.75%-1.82%-2.83%-0.32%-0.36%
Profit Margin
-2.43%-1.97%-3.16%-7.78%-2.34%
Free Cash Flow Margin
--0.33%3.21%2.09%-4.06%
EBITDA
318.7872.470.93169.08171.68
EBITDA Margin
3.21%0.77%0.01%2.01%1.83%
D&A For EBITDA
243.83243.83250.6195.52205.91
EBIT
74.95-171.35-249.67-26.44-34.24
EBIT Margin
0.75%-1.82%-2.83%-0.32%-0.36%
Revenue as Reported
9,9459,4228,8128,4019,396
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.