Financial Highlights

Five-Year Financial Highlights

2020 2019 2018 2017 2016
(USD Million) (CNY Million) (CNY Million)
Revenue 136,717 891,368 858,833 721,202 603,621 521,574
Operating profit 11,120 72,501 77,835 73,287 56,384 47,515
Operating margin 8.1% 8.1% 9.1% 10.2% 9.3% 9.1%
Net profit 9,916 64,649 62,656 59,345 47,455 37,052
Cash flow from operating activities 5,402 35,218 91,384 74,659 96,336 49,218
Cash and short-term investments 54,812 357,366 371,040 265,857 199,943 145,653
Working capital 45,870 299,062 257,638 170,864 118,503 116,231
Total assets 134,491 876,854 858,661 665,792 505,225 443,634
Total borrowings 21,751 141,811 112,162 69,941 39,925 44,799
Equity 50,678 330,408 295,537 233,065 175,616 140,133
Liability ratio 62.3% 62.3% 65.6% 65.0% 65.2% 68.4%

Note: Converted into United States dollars (“USD”) using the closing rate at the end of 2020 of USD1.00 = CNY6.5198.