← Baozun Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | ($610.4m) | ($222.8m) | ($138.4m) | ($199.6m) | |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — | ($94.7m) | ($39.2m) | ($25.4m) | ($34.6m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $12.5m | $32.1m | $39.2m | $40.4m | $65.3m | ($34.5m) | ($653.3m) | ($278.4m) | ($185.2m) | ($242.1m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $12.3m | $32.1m | $39.2m | $40.5m | $65.4m | ($32.3m) | ($88.5m) | ($31.4m) | ($19.0m) | ($28.5m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($174k) | $41k | $9k | ($27k) | $122k | $236k | — | — | — | — | |
| Depreciation, Depletion and Amortization | $5.2m | $7.8m | $10.5m | $17.3m | $23.3m | $32.5m | $28.5m | $35.4m | $33.5m | $31.7m | |
| Depreciation, Depletion and Amortization | $5.2m | $7.8m | $10.5m | $17.3m | $23.3m | $32.5m | $28.5m | $35.4m | $33.5m | $31.7m | |
| Amortization of Debt Issuance Costs | — | — | — | $2.4m | $3.9m | $3.7m | $1.1m | $0 | $0 | — | |
| Amortization of Intangible Assets | $9.2m | $12.8m | $19.5m | $43.3m | $52.7m | $70.4m | $73.8m | $83.8m | $84.6m | $70.8m | |
| Depreciation | — | — | — | — | — | — | $196.5m | $251.6m | $159.3m | $149.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $196.5m | $251.6m | $244.9m | $221.7m | |
| Deferred Income Tax Expense (Benefit) | $214k | ($521k) | ($3.3m) | ($2.4m) | ($86k) | ($10.0m) | ($8.1m) | ($6.4m) | ($5.6m) | ($8.1m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($56.1m) | ($45.6m) | ($40.9m) | ($56.8m) | |
| Deferred Tax | — | — | — | — | — | — | ($56.1m) | ($45.6m) | ($40.9m) | ($56.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $4.9m | $8.9m | $11.0m | $10.8m | $16.6m | $30.8m | $20.6m | $14.6m | $10.4m | $2.9m | |
| Share-based Payment Arrangement, Expense | $34.2m | $58.2m | $75.9m | $75.2m | $108.4m | $196.5m | $142.4m | $103.4m | $81.6m | $19.9m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | $7.5m | $0 | $0 | $3.5m | $0 | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $61.8m | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $1.9m | $5.0m | $950k | $2.6m | |
| Asset Impairment Charge | — | — | — | — | — | — | $183.2m | $188.1m | $172.1m | $358.7m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | $840k | $0 | $0 | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($130k) | ($162k) | ($300k) | ($501k) | ($845k) | ($1.3m) | ($178k) | ($1.0m) | ($3.9m) | ($1.7m) | |
| Income (Loss) from Equity Method Investments | — | ($194k) | ($145k) | $685k | $838k | $518k | ($520k) | $881k | ($3.4m) | $1.6m | |
| Income Tax Expense (Benefit) | $2.4m | $8.3m | $9.4m | $10.2m | $19.6m | $8.7m | $3.8m | $1.7m | $2.8m | $1.4m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $5.3m | $6.4m | |
| Other Nonoperating Income (Expense) | $12.2m | — | — | — | — | — | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $3.6m | ($6.3m) | $24.7m | ($11.1m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $37.5m | $70.2m | $67.2m | $35.6m | $61.3m | $15.5m | $6.1m | ($32.0m) | ($24.9m) | $47.0m | |
| Increase (Decrease) in Inventories | $2.4m | $16.4m | $44.7m | $46.0m | $36.4m | $21.5m | $4.5m | $4.8m | $30.5m | ($13.1m) | |
| Increase (Decrease) in Accounts Payable | $9.4m | $8.4m | $44.0m | — | — | — | — | — | — | — | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $510k | $1.5m | $159k | $9.0m | $2.7m | $105.8m | $1.5m | $2.2m | — | $8.3m | |
| Proceeds from Stock Options Exercised | $568k | $656k | $541k | $245k | $66k | $8k | $0 | $0 | $22k | $0 | |
| Accrued capital expenditures | $11.0m | $41.0m | $17.9m | $13.1m | $17.0m | $44.8m | $30.0m | $23.2m | $18.1m | $15.2m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | — | — | $5.1m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $46k | ($3k) | ($871k) | ($1.1m) | $3.9m | $7.3m | ($4.7m) | ($1.2m) | ($1.4m) | ($532k) | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | $60k | ($721k) | ($1.5m) | ($470k) | $2.2m | ($117k) | ($1.2m) | ($1.4m) | — | |
| Gain (Loss) on Investments | — | — | — | — | — | ($32.9m) | ($14.2m) | ($9.6m) | $665k | — | |
| General and Administrative Expense | $12.7m | $17.9m | $22.5m | $31.0m | $34.3m | $82.5m | $53.9m | $120.6m | $98.5m | $107.5m | |
| Goodwill | — | $2.0m | $1.9m | $1.9m | $2.1m | $62.4m | $48.8m | $44.0m | $49.6m | $39.2m | |
| Inventory Write-down | $5.6m | $6.5m | $5.6m | $10.9m | $16.6m | $14.0m | $23.4m | $21.5m | $20.7m | $18.1m | |
| Investment Income, Interest | $1.7m | $2.1m | $1.2m | $6.1m | $6.3m | $9.9m | $6.6m | $11.6m | $9.4m | $8.4m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($21.8m) | ($257.3m) | |
| Operating Expenses | $475.3m | $598.3m | $732.6m | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | — | — | — | — | — | $202.6m | $14.7m | $0 | $0 | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | ($32.9m) | ($14.2m) | ($9.6m) | $665k | ($2.4m) | |
| Beginning Cash Position | — | — | — | — | — | — | $4.7b | $2.2b | $2.4b | $1.6b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.7b) | ($8.0m) | ($19.7m) | ($107.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.3b) | ($340.4m) | ($817.6m) | ($898.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $57.4m | ($133.5m) | $57.1m | ($131.9m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $89.6m | $14.0m | ($94.3m) | $384.2m | |
| Change In Income Tax Payable | — | — | — | — | — | — | ($81.2m) | ($27.4m) | $12.2m | $8.9m | |
| Change In Inventory | — | — | — | — | — | — | ($31.0m) | ($33.8m) | ($222.5m) | $91.3m | |
| Change In Other Current Assets | — | — | — | — | — | — | $271.3m | $165.5m | $278.2m | $106.9m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($294.0m) | ($172.7m) | ($312.8m) | ($244.1m) | |
| Change In Payable | — | — | — | — | — | — | ($67.1m) | ($158.5m) | $42.6m | ($126.8m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $22.5m | ($144.5m) | ($51.7m) | $257.4m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $23.4m | $55.1m | ($196.2m) | $64.6m | |
| Change In Receivables | — | — | — | — | — | — | ($51.3m) | $231.6m | $238.5m | ($327.9m) | |
| Change In Tax Payable | — | — | — | — | — | — | ($81.2m) | ($27.4m) | $12.2m | $8.9m | |
| Change In Working Capital | — | — | — | — | — | — | ($59.2m) | $101.1m | ($266.6m) | ($51.8m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($42.4m) | $226.9m | $181.6m | ($328.6m) | |
| Changes In Cash | — | — | — | — | — | — | ($2.6b) | $99.8m | ($736.1m) | ($585.6m) | |
| End Cash Position | — | — | — | — | — | — | $2.2b | $2.4b | $1.6b | $1.0b | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.7b) | ($8.0m) | ($19.7m) | ($107.5m) | |
| Free Cash Flow | — | — | — | — | — | — | $123.4m | $218.1m | ($107.0m) | $266.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $381.7m | ($24.5m) | ($11.8m) | $1.3m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $90.1m | ($631k) | $0 | $36.3m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $1.2m | $7.4m | $28.5m | $11.9m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.3b) | ($340.4m) | ($817.6m) | ($898.6m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $0 | — | — | — | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($134.3m) | ($270.6m) | ($63.9m) | $4.7m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $804k | $8.5m | $10.2m | $3.7m | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($52.3m) | ($65.2m) | ($76.2m) | ($47.3m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($207.0m) | ($165.0m) | ($132.1m) | ($106.5m) | |
| Operating Gains Losses | — | — | — | — | — | — | $477.4m | ($15.5m) | $51.6m | $42.2m | |
| Other Non Cash Items | — | — | — | — | — | $23.7m | $9.4m | — | $8.1m | $11.2m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $3k | $1k | $164k | $3k | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.5m | $19.8m | ($915k) | $58.3m | |
| Purchase Of Business | — | — | — | — | — | — | ($142.9m) | ($276.9m) | ($63.9m) | ($3.0m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($52.3m) | ($65.2m) | ($76.2m) | ($47.3m) | |
| Purchase Of PPE | $11.0m | $41.0m | $17.9m | $13.1m | $17.0m | $44.8m | ($207.0m) | ($165.0m) | ($132.1m) | ($106.5m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($446.6m) | $0 | ($95.5m) | ($10.2m) | |
| Sale Of Business | — | — | — | — | — | — | $8.6m | $6.3m | $0 | $7.6m | |
| Stock Based Compensation | — | — | — | — | — | — | $142.4m | $103.4m | $76.3m | $19.9m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $97.8m | $68.0m | ($4.9m) | $16.6m | |
| Other Operating Income (Expense), Net | $754k | $1.7m | $3.3m | ($2.5m) | $8.8m | $11.4m | $13.8m | $17.4m | $7.6m | $11.1m | |
| Net Cash Provided by (Used in) Operating Activities | $1.9m | ($26.0m) | ($14.3m) | $43.3m | $47.5m | ($15.1m) | $55.5m | $63.1m | $13.9m | $60.1m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $11.0m | $41.0m | $17.9m | $13.1m | $17.0m | $44.8m | $30.0m | $23.2m | $18.1m | $15.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $2.6m | $0 | ($2.0m) | $15k | $32.7m | $11.3m | $14.7m | $8.6m | $0 | |
| Payments to Acquire Investments | $972k | $0 | $2.5m | — | — | — | — | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($897.8m) | $189.8m | ($541.9m) | ($719.4m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($907.8m) | ($820.6m) | ($1.1b) | ($1.8b) | |
| Sale Of Investment | — | — | — | — | — | — | $10.0m | $1.0b | $582.5m | $1.1b | |
| Net Other Investing Changes | — | — | — | — | — | — | ($15.4m) | ($29.4m) | ($3.5m) | ($30.0m) | |
| Net Cash Provided by (Used in) Investing Activities | — | ($97.9m) | $5.5m | ($162.8m) | ($94.5m) | $59.0m | ($189.4m) | ($47.9m) | ($112.0m) | ($128.5m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | $9.2m | — | — | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.8b | $1.8b | $2.0b | $2.2b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($1.3b) | $99.7m | $105.2m | ($19.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | $0 | ($1.8b) | $0 | $0 | — | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $467.6m | $99.7m | $105.2m | ($19.6m) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $1.8b | $1.8b | $2.0b | $2.2b | |
| Repayments of Long-term Debt | — | — | — | $10.0m | $0 | $0 | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | $0 | ($1.8b) | $0 | $0 | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($3.1b) | ($1.7b) | ($1.9b) | ($2.3b) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($1.4b) | ($1.7b) | ($1.9b) | ($2.3b) | |
| Common Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($446.6m) | $0 | ($95.5m) | ($10.2m) | |
| Payments for Repurchase of Common Stock | $6.5m | $0 | $0 | — | — | $166.4m | $64.8m | $0 | $13.1m | $1.5m | |
| Common Stock Payments | — | — | — | — | — | — | ($446.6m) | $0 | ($95.5m) | ($10.2m) | |
| Proceeds from Noncontrolling Interests | $2.0m | $0 | $0 | $646k | $0 | — | — | $385k | $27k | $0 | |
| Dividends paid | — | — | — | — | — | — | — | $0 | $0 | $3 | |
| Payments of Dividends | — | — | — | — | — | — | — | $0 | $0 | $3 | |
| Cash Dividends Paid | — | — | — | — | — | $0 | $0 | ($1.1m) | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | $0 | $0 | ($1.1m) | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $88.6m | ($107.7m) | ($29.6m) | ($77.7m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $25.8m | $48.2m | $255.2m | $408.7m | $117.7m | ($239.3m) | ($1.1m) | ($2.7m) | ($15.4m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $2.7m | ($127k) | ($9.3m) | $4.1m | — | — | — | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $120.4m | $6.7m | $28.1m | ($10.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $84.8m | $219.3m | $571.8m | $737.5m | $325.6m | $331.3m | $225.3m | $149.9m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($2.6b) | $99.8m | ($736.1m) | ($585.6m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $469k | $1.9m | $5.4m | $5.9m | $4.7m | $6.8m | $5.4m | $3.7m | $4.0m | |
| Income Taxes Paid, Net | ($1.1m) | ($6.6m) | ($8.1m) | ($9.9m) | $21.1m | $22.8m | $23.7m | $11.9m | $7.4m | $8.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.