Meitu Inc
HKEX:1357
Income Statement
Earnings Waterfall
Meitu Inc
Revenue
|
2.7B
CNY
|
Cost of Revenue
|
-1B
CNY
|
Gross Profit
|
1.7B
CNY
|
Operating Expenses
|
-1.3B
CNY
|
Operating Income
|
318.8m
CNY
|
Other Expenses
|
59.5m
CNY
|
Net Income
|
378.3m
CNY
|
Income Statement
Meitu Inc
Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||
Revenue |
1 579
N/A
|
3 173
+101%
|
4 490
+42%
|
2 797
-38%
|
948
-66%
|
925
-2%
|
978
+6%
|
1 071
+10%
|
1 194
+11%
|
1 443
+21%
|
1 666
+15%
|
1 831
+10%
|
2 085
+14%
|
2 375
+14%
|
2 696
+14%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(1 339)
|
(2 573)
|
(3 421)
|
(1 923)
|
(456)
|
(365)
|
(279)
|
(324)
|
(400)
|
(472)
|
(541)
|
(735)
|
(898)
|
(937)
|
(1 040)
|
|
Gross Profit |
239
N/A
|
600
+151%
|
1 069
+78%
|
874
-18%
|
492
-44%
|
560
+14%
|
699
+25%
|
747
+7%
|
794
+6%
|
971
+22%
|
1 125
+16%
|
1 096
-3%
|
1 187
+8%
|
1 438
+21%
|
1 656
+15%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(861)
|
(1 021)
|
(1 160)
|
(1 262)
|
(1 535)
|
(1 441)
|
(1 029)
|
(878)
|
(850)
|
(959)
|
(1 083)
|
(966)
|
(1 155)
|
(1 253)
|
(1 337)
|
|
Selling, General & Administrative |
(623)
|
(692)
|
(770)
|
(837)
|
(1 057)
|
(955)
|
(564)
|
(512)
|
(475)
|
(564)
|
(639)
|
(661)
|
(683)
|
(722)
|
(729)
|
|
Research & Development |
(243)
|
(352)
|
(416)
|
(465)
|
(517)
|
(521)
|
(499)
|
(436)
|
(403)
|
(476)
|
(537)
|
(552)
|
(582)
|
(615)
|
(635)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
(16)
|
0
|
(25)
|
0
|
(19)
|
0
|
0
|
|
Other Operating Expenses |
6
|
23
|
26
|
41
|
38
|
35
|
49
|
70
|
45
|
81
|
119
|
246
|
129
|
83
|
28
|
|
Operating Income |
(622)
N/A
|
(421)
+32%
|
(91)
+78%
|
(388)
-328%
|
(1 043)
-169%
|
(881)
+16%
|
(329)
+63%
|
(131)
+60%
|
(56)
+57%
|
12
N/A
|
42
+263%
|
129
+205%
|
32
-75%
|
185
+471%
|
319
+73%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
(5 590)
|
(3 698)
|
76
|
268
|
532
|
356
|
52
|
59
|
20
|
(11)
|
195
|
263
|
546
|
413
|
25
|
|
Non-Reccuring Items |
(48)
|
(48)
|
(0)
|
0
|
(4)
|
(38)
|
(58)
|
(26)
|
0
|
(133)
|
(249)
|
(546)
|
(403)
|
68
|
94
|
|
Total Other Income |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(1)
|
0
|
0
|
0
|
4
|
0
|
|
Pre-Tax Income |
(6 260)
N/A
|
(4 168)
+33%
|
(15)
+100%
|
(119)
-721%
|
(515)
-332%
|
(563)
-9%
|
(335)
+40%
|
(102)
+69%
|
(36)
+65%
|
(134)
-271%
|
(11)
+92%
|
(153)
-1 303%
|
175
N/A
|
670
+282%
|
438
-35%
|
|
Net Income | ||||||||||||||||
Tax Provision |
(1)
|
(35)
|
(64)
|
(39)
|
(18)
|
(18)
|
(9)
|
(8)
|
(24)
|
(39)
|
(66)
|
(68)
|
(156)
|
(160)
|
(72)
|
|
Income from Continuing Operations |
(6 261)
|
(4 203)
|
(78)
|
(158)
|
(533)
|
(580)
|
(344)
|
(110)
|
(60)
|
(173)
|
(77)
|
(221)
|
19
|
510
|
366
|
|
Income to Minority Interest |
0
|
0
|
0
|
(3)
|
(11)
|
(2)
|
8
|
10
|
19
|
19
|
33
|
39
|
75
|
78
|
12
|
|
Net Income (Common) |
(6 261)
N/A
|
(4 203)
+33%
|
(197)
+95%
|
(196)
+1%
|
(1 255)
-540%
|
(1 495)
-19%
|
(397)
+73%
|
(41)
+90%
|
(41)
+1%
|
(154)
-275%
|
(45)
+71%
|
(182)
-309%
|
94
N/A
|
588
+525%
|
378
-36%
|
|
EPS (Diluted) |
-3.03
N/A
|
-0.99
+67%
|
-0.04
+96%
|
-0.04
N/A
|
-0.29
-625%
|
-0.35
-21%
|
-0.08
+77%
|
-0.02
+75%
|
-0.01
+50%
|
-0.04
-300%
|
-0.01
+75%
|
-0.04
-300%
|
0.02
N/A
|
0.13
+550%
|
0.08
-38%
|