China Vocational Education Holdings Ltd
HKEX:1756
Income Statement
Earnings Waterfall
China Vocational Education Holdings Ltd
Revenue
|
1.1B
CNY
|
Cost of Revenue
|
-458.7m
CNY
|
Gross Profit
|
624.6m
CNY
|
Operating Expenses
|
-128.1m
CNY
|
Operating Income
|
496.5m
CNY
|
Other Expenses
|
-103.4m
CNY
|
Net Income
|
393m
CNY
|
Income Statement
China Vocational Education Holdings Ltd
Aug-2020 | Feb-2021 | Aug-2021 | Nov-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
761
N/A
|
813
+7%
|
882
+8%
|
0
N/A
|
896
N/A
|
908
+1%
|
996
+10%
|
1 083
+9%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(309)
|
(347)
|
(411)
|
(516)
|
(520)
|
(426)
|
(441)
|
(459)
|
|
Gross Profit |
453
N/A
|
466
+3%
|
471
+1%
|
0
N/A
|
481
N/A
|
482
+0%
|
555
+15%
|
625
+12%
|
|
Operating Income | |||||||||
Operating Expenses |
(94)
|
(84)
|
(92)
|
(292)
|
(139)
|
(98)
|
(101)
|
(128)
|
|
Selling, General & Administrative |
(109)
|
(111)
|
(124)
|
(163)
|
(163)
|
(130)
|
(140)
|
(161)
|
|
Depreciation & Amortization |
(5)
|
0
|
(5)
|
(28)
|
0
|
(5)
|
0
|
(5)
|
|
Other Operating Expenses |
21
|
28
|
37
|
(102)
|
24
|
37
|
39
|
38
|
|
Operating Income |
359
N/A
|
382
+6%
|
378
-1%
|
303
-20%
|
467
+54%
|
384
-18%
|
454
+18%
|
496
+9%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(46)
|
(58)
|
(58)
|
20
|
(43)
|
(104)
|
(112)
|
(98)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(151)
|
0
|
(151)
|
(0)
|
0
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
(75)
|
(21)
|
0
|
0
|
0
|
|
Pre-Tax Income |
311
N/A
|
323
+4%
|
170
-47%
|
248
+46%
|
252
+2%
|
279
+11%
|
343
+23%
|
398
+16%
|
|
Net Income | |||||||||
Tax Provision |
(4)
|
(14)
|
(26)
|
0
|
(27)
|
(19)
|
(11)
|
(5)
|
|
Income from Continuing Operations |
307
|
308
|
143
|
0
|
147
|
260
|
332
|
393
|
|
Net Income (Common) |
307
N/A
|
308
+0%
|
143
-53%
|
0
N/A
|
147
N/A
|
260
+77%
|
332
+28%
|
393
+18%
|
|
EPS (Diluted) |
0.27
N/A
|
0.26
-4%
|
0.12
-54%
|
0
N/A
|
0.12
N/A
|
0.22
+83%
|
0.28
+27%
|
0.33
+18%
|