BEST Inc. (BEST)

BEST Inc. Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	8,316	7,744	11,426	10,528	10,481
Revenue Growth (YoY)	7.38%	-32.22%	8.53%	0.45%	-58.27%
Cost of Revenue	8,065	8,008	11,625	10,286	9,928
Gross Profit	250.44	-263.56	-199.39	242.28	553.01
Selling, General & Admin	994.4	1,127	1,142	1,103	867.27
Research & Development	115.92	144.18	180.2	136.07	146.61
Other Operating Expenses	92.04	-108.82	-58.34	-24.78	-12.96
Operating Expenses	1,202	1,163	1,264	1,214	1,001
Operating Income	-951.92	-1,426.19	-1,462.97	-971.94	-447.92
Interest Expense / Income	64.28	89.06	142.75	119.18	46.75
Other Expense / Income	-202.94	-52.44	-1,870.83	916.84	-310.57
Pretax Income	-813.26	-1,462.8	265.11	-2,007.96	-184.09
Income Tax	1.14	0.51	3.2	17.55	18.33
Net Income	-814.4	-1,463.31	261.91	-2,025.51	-202.42
Shares Outstanding (Basic)	381	392	388	387	388
Shares Outstanding (Diluted)	523	534	530	529	530
Shares Change	-2.02%	0.78%	0.11%	-0.19%	0.77%
EPS (Basic)	-42.80	-74.60	13.60	-104.60	-10.40
EPS (Diluted)	-42.80	-74.60	13.60	-104.60	-10.40
Free Cash Flow	-643.58	-1,219.83	-2,946.06	-538.11	656.57
Free Cash Flow Per Share	-33.75	-62.20	-151.83	-27.77	33.80
Gross Margin	3.01%	-3.40%	-1.75%	2.30%	5.28%
Operating Margin	-11.45%	-18.42%	-12.80%	-9.23%	-4.27%
Profit Margin	-9.79%	-18.90%	2.29%	-19.24%	-1.93%
Free Cash Flow Margin	-7.74%	-15.75%	-25.78%	-5.11%	6.26%
Effective Tax Rate	-	-	1.21%	-	-
EBITDA	-73.01	-471.03	1,368	-1,130.36	201.68
EBITDA Margin	-0.88%	-6.08%	11.97%	-10.74%	1.92%
Depreciation & Amortization	675.96	902.71	960.37	758.42	339.02
EBIT	-748.98	-1,373.74	407.86	-1,888.78	-137.34
EBIT Margin	-9.01%	-17.74%	3.57%	-17.94%	-1.31%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).