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BZUN Financials Baozun Inc.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 6.2% per year over the past 5 years.
  • Free cash flow has grown 9.5% per year over the past 5 years.

Financial health

  • Total debt has grown faster than revenue (29.8% vs 6.2% per year).
  • Operating income covered interest expense 1.3× in the latest year.

Shareholder returns

  • Dividends have been paid for 3 consecutive years, consuming 7.1% of free cash flow.
Revenue & net income
-CN¥653M CN¥5B CN¥10B CN¥0 2013 2014 2015 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-3% 35% 74% 0% 2013 2014 2015 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-16% 1% 19% 0% 2013 2014 2015 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-CN¥382M -CN¥34M CN¥314M CN¥0 2013 2014 2015 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
CN¥0 CN¥2B CN¥5B 2013 2014 2015 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-CN¥2B CN¥508M CN¥3B CN¥0 2013 2014 2015 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 CN¥9.9B -CN¥242M 74.1% 0.6% -6.6% -2.5% CN¥314M — CN¥907M
2024 CN¥9.4B -CN¥185M 73.7% -1.2% -4.7% -1.8% -CN¥31M — CN¥1.3B
2023 CN¥8.8B -CN¥278M 72.7% -2.3% -6.8% -2.7% CN¥283M — CN¥2.1B
2022 — -CN¥653M — — -16.0% -6.5% CN¥176M — CN¥2.1B
2021 — -CN¥220M — — -4.5% -1.8% -CN¥382M CN¥2.3B CN¥4.6B
2020 — CN¥426M — — 7.0% 4.1% CN¥199M CN¥1.8B CN¥3.6B
2015 — CN¥23M — — 1.8% 1.2% -CN¥44M — CN¥787M
2014 — -CN¥60M — — 18.6% -6.9% — — CN¥206M
2013 — -CN¥38M — — 16.3% — — — CN¥154M

Frequently asked questions

Is BZUN growing its revenue and profit?

Over the past 5 years, Baozun Inc.'s revenue has grown 6.2% per year. These are computed facts, not advice.

How much debt does BZUN have?

As of FY2025, Baozun Inc. reported — of total debt against CN¥907M of cash; operating income covered interest expense 1.3×.

What is BZUN's profit margin?

In FY2025, gross margin was 74.1%, operating margin 0.6%, and net margin -2.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.