China 21st Century Education Group Ltd
HKEX:1598
Income Statement
Earnings Waterfall
China 21st Century Education Group Ltd
Revenue
|
420m
CNY
|
Cost of Revenue
|
-255.1m
CNY
|
Gross Profit
|
165m
CNY
|
Operating Expenses
|
-75.6m
CNY
|
Operating Income
|
89.4m
CNY
|
Other Expenses
|
-49.5m
CNY
|
Net Income
|
39.9m
CNY
|
Income Statement
China 21st Century Education Group Ltd
Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
202
N/A
|
219
+8%
|
234
+7%
|
231
-1%
|
254
+10%
|
296
+17%
|
309
+4%
|
296
-4%
|
312
+6%
|
359
+15%
|
420
+17%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(100)
|
(101)
|
(113)
|
(114)
|
(132)
|
(154)
|
(182)
|
(178)
|
(166)
|
(208)
|
(255)
|
|
Gross Profit |
102
N/A
|
118
+15%
|
121
+3%
|
117
-3%
|
122
+4%
|
142
+16%
|
127
-11%
|
118
-7%
|
146
+24%
|
151
+3%
|
165
+9%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(33)
|
(26)
|
(41)
|
(58)
|
(54)
|
(56)
|
(93)
|
(114)
|
(94)
|
(99)
|
(76)
|
|
Selling, General & Administrative |
(39)
|
(37)
|
(54)
|
(65)
|
(71)
|
(84)
|
(89)
|
(80)
|
(87)
|
(95)
|
(109)
|
|
Other Operating Expenses |
6
|
11
|
13
|
7
|
17
|
28
|
(4)
|
(34)
|
(8)
|
(4)
|
33
|
|
Operating Income |
70
N/A
|
92
+32%
|
80
-13%
|
59
-26%
|
68
+16%
|
86
+26%
|
33
-61%
|
3
-90%
|
52
+1 500%
|
52
+0%
|
89
+72%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
1
|
0
|
5
|
12
|
9
|
2
|
12
|
7
|
(16)
|
(18)
|
(41)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
3
|
0
|
(16)
|
1
|
(8)
|
0
|
(8)
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
70
N/A
|
91
+30%
|
85
-7%
|
70
-17%
|
79
+13%
|
87
+10%
|
28
-67%
|
12
-59%
|
27
+138%
|
33
+21%
|
39
+18%
|
|
Net Income | ||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(1)
|
0
|
0
|
(1)
|
(0)
|
1
|
|
Income from Continuing Operations |
69
|
91
|
83
|
69
|
79
|
86
|
29
|
12
|
27
|
33
|
40
|
|
Income to Minority Interest |
0
|
0
|
(0)
|
(1)
|
(2)
|
(1)
|
0
|
(0)
|
1
|
1
|
0
|
|
Net Income (Common) |
69
N/A
|
91
+31%
|
83
-9%
|
68
-17%
|
77
+13%
|
85
+11%
|
29
-66%
|
12
-60%
|
27
+134%
|
34
+25%
|
40
+17%
|
|
EPS (Diluted) |
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.06
-14%
|
0.07
+17%
|
0.07
N/A
|
0.03
-57%
|
0.01
-67%
|
0.02
+100%
|
0.03
+50%
|
0.03
N/A
|