BAOZUN-W 09991·

Gross margin 65.13%--73.15%8.02%72.66%0.48%73.75%1.08%74.10%0.35% Net margin -2.19%---7.27%5.07%-2.53%4.74%-1.47%1.06%-2.01%0.54% ROE -4.49%---16.00%11.51%-6.80%9.20%-4.73%2.06%-6.65%1.91% ROA -1.67%---6.03%4.36%-2.13%3.90%-1.36%0.77%-2.06%0.70% Revenue growth -----10.60%--4.90%15.49%6.92%2.03%5.55%1.37% Attributable profit growth -----197.18%--57.38%254.56%33.48%23.90%-30.72%64.21% Debt-to-assets 47.39%--43.92%3.46%44.13%0.21%43.37%0.77%43.33%0.03% Current ratio 1.93--2.010.081.940.071.930.021.870.06 Operating cash flow / net profit 0.47---0.631.09-2.011.39-0.731.28-2.111.37 Operating cash flow / revenue -1.02%--4.55%5.58%5.09%0.53%1.07%4.01%4.23%3.15%

Net margin -0.80%--1.60%2.40% Revenue growth ----7.46%-- Attributable profit growth ----150.12%-- Debt-to-assets ----42.38%-- Current ratio ----1.90--

Revenue 9.40B--8.40B10.60%8.81B4.90%9.42B6.92%9.95B5.55% Gross profit 6.12B--6.14B0.41%6.40B4.20%6.95B8.52%7.37B6.06% Selling and distribution expenses 2.55B--2.67B4.88%2.83B5.78%3.38B19.50%3.85B13.80% Administrative expenses 525.80M--371.47M29.35%855.91M130.41%719.16M15.98%751.63M4.52% Net finance costs 56.85M--56.92M0.12%41.34M27.36%38.99M5.70%44.57M14.33% Income tax 55.26M--26.48M52.08%12.00M54.67%20.74M72.78%9.91M52.23% Operating profit 7.02M--33.29M374.11%-206.38M720.00%-114.83M44.36%56.55M149.25% Profit before tax -150.70M---580.31M285.06%-210.77M63.68%-117.64M44.18%-189.67M61.22% Net profit -205.96M---610.37M196.35%-222.78M63.50%-138.38M37.88%-199.58M44.22% Net profit attributable to owners -219.83M---653.29M197.18%-278.42M57.38%-185.20M33.48%-242.10M30.72%

Revenue 2.55B--2.74B7.46% Other income and gains 42.96M--34.68M19.27% Cost of sales 711.50M--682.82M4.03% Selling and distribution expenses 937.85M--1.18B25.52% Administrative expenses 224.38M--175.06M21.98% Net finance costs 11.78M--8.96M23.99% Income tax 13.36M--25.70M92.36% Operating profit -9.38M--63.42M776.22% Share of associates and JVs 3.21M--1.03M67.90% Profit before tax -10.31M--68.46M764.18% Net profit -20.45M--43.79M314.10% Net profit attributable to owners -33.96M--17.02M150.12%

Cash and cash equivalents 4.61B--2.14B53.46%2.15B0.26%1.29B40.02%907.34M29.63% Trade and bills receivables 2.26B--2.29B1.40%2.18B4.71%2.03B6.91%2.17B6.85% Inventories 1.07B--943.00M12.16%1.05B10.83%1.12B6.92%879.42M21.30% Total current assets 9.20B--7.40B19.63%7.29B1.44%7.21B1.05%6.80B5.70% Total assets 12.32B--10.12B17.83%10.47B3.48%10.21B2.55%9.69B5.05% Total current liabilities 4.78B--3.68B22.92%3.76B2.07%3.75B0.28%3.65B2.73% Total liabilities 5.84B--4.45B23.84%4.62B3.97%4.43B4.25%4.20B5.13% Equity attributable to owners 4.90B--4.08B16.59%4.10B0.32%3.91B4.47%3.64B6.93% Total equity 6.48B--5.68B12.42%5.85B3.09%5.78B1.22%5.49B5.00%

Cash and cash equivalents ----1.19B-- Trade and bills receivables ----2.11B-- Inventories ----816.62M-- Total current assets ----6.75B-- Total assets ----9.57B-- Total current liabilities ----3.55B-- Total liabilities ----4.06B-- Equity attributable to owners ----3.64B-- Total equity ----5.45B--

Net cash from operating activities -96.11M--382.61M498.10%448.25M17.16%101.28M77.41%420.43M315.13% Net cash from investing activities 375.82M---1.31B447.68%-340.37M73.95%-817.61M140.21%-898.59M9.90% Net cash from financing activities 749.95M---1.65B320.07%-8.03M99.51%-19.74M145.70%-107.49M444.62% Net change in cash 1.03B---2.57B350.03%99.85M103.88%-736.07M837.17%-585.64M20.44%