secoo 4q17 earnings release-final寺库四季度财报.pdfVIP

SecooReportsUnauditedFourthQuarterandFullYear2017Results

BEIJING,March22,2018(GLOBENEWSWIRE)--SecooHoldingLimited(“Secoo”,the“Company”or“We”)(NASDAQ:SECO),Asiaslargestonlineintegratedupscale

productsandservicesplatform,todayannounceditsunauditedfinancialresultsforthefourthquarterandfullyearendedDecember31,2017.

HighlightsforFourthQuarter2017:

1

GMVreachedRMB1,943.4million(US$298.7million)forQ42017,representinganincreaseof43.9%fromQ42016.

2

Totalnumberoforderswas549.4thousandforQ42017,representinganincreaseof57.6%from348.7thousandforQ42016.

3

Numberofactivecustomersincreasedby66.3%to0.2millionfortheQ42017.

TotalnetrevenuesreachedRMB1,411.6million(US$217.0million),increasingby60.5%fromQ42016.

Grossmarginwas15.5%forQ42017,comparedto15.2%inQ42016.

Netincomeincreasedby74.1%toRMB47.0million(US$7.2million)forQ42017fromRMB27.0millionforQ42016.

4

Non-GAAPnetincomeincreasedby224.1%toRMB87.5million(US$13.4million)forQ42017fromRMB27.0millioninQ42016.

BasicanddilutednetincomepersharewasRMB1.84(US$0.28)andRMB1.76(US$0.27),respectively,forQ42017,comparedtobasicanddilutednetloss

pershareofRMB19.7andRMB19.7,respectively,forQ42016.BasicanddilutednetincomeperAmericanDepositaryShare(ADS)wasRMB0.92(US$0.14)

andRMB0.88(US$0.14),respectively,forQ42017,comparedtobasicanddilutednetlossperADSofRMB9.85andRMB9.85,respectively,forQ42016.Two

ADSsrepresentoneordin