Hope Education Group Co Ltd
HKEX:1765
Income Statement
Earnings Waterfall
Hope Education Group Co Ltd
Revenue
|
3.6B
CNY
|
Cost of Revenue
|
-1.9B
CNY
|
Gross Profit
|
1.7B
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
525.7m
CNY
|
Other Expenses
|
-315.6m
CNY
|
Net Income
|
210.1m
CNY
|
Income Statement
Hope Education Group Co Ltd
Mar-2018 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
1 192
N/A
|
1 280
+7%
|
1 030
-20%
|
1 624
+58%
|
1 331
-18%
|
2 202
+65%
|
872
-60%
|
1 185
+36%
|
2 324
+96%
|
2 667
+15%
|
3 043
+14%
|
3 451
+13%
|
3 582
+4%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(617)
|
(660)
|
(562)
|
(841)
|
(657)
|
(1 070)
|
(494)
|
(623)
|
(1 148)
|
(1 358)
|
(1 648)
|
(1 858)
|
(1 901)
|
|
Gross Profit |
575
N/A
|
620
+8%
|
467
-25%
|
783
+68%
|
675
-14%
|
1 132
+68%
|
378
-67%
|
562
+49%
|
1 176
+109%
|
1 309
+11%
|
1 395
+7%
|
1 593
+14%
|
1 680
+5%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(91)
|
(126)
|
(217)
|
(261)
|
(148)
|
(246)
|
(146)
|
(235)
|
(288)
|
(553)
|
(631)
|
(793)
|
(1 154)
|
|
Selling, General & Administrative |
(193)
|
(240)
|
(288)
|
(369)
|
(218)
|
(363)
|
(155)
|
(239)
|
(300)
|
(577)
|
(657)
|
(766)
|
(1 016)
|
|
Other Operating Expenses |
101
|
114
|
71
|
108
|
70
|
117
|
9
|
4
|
12
|
24
|
26
|
(27)
|
(139)
|
|
Operating Income |
483
N/A
|
494
+2%
|
250
-49%
|
522
+109%
|
527
+1%
|
886
+68%
|
231
-74%
|
326
+41%
|
888
+172%
|
756
-15%
|
764
+1%
|
800
+5%
|
526
-34%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(197)
|
(192)
|
(113)
|
(127)
|
(16)
|
(33)
|
(55)
|
(82)
|
(150)
|
(135)
|
(168)
|
(230)
|
(206)
|
|
Non-Reccuring Items |
61
|
62
|
23
|
23
|
46
|
94
|
8
|
140
|
4
|
49
|
46
|
33
|
33
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(13)
|
(18)
|
(32)
|
(69)
|
(63)
|
(52)
|
(56)
|
(48)
|
|
Pre-Tax Income |
347
N/A
|
364
+5%
|
159
-56%
|
418
+162%
|
556
+33%
|
934
+68%
|
166
-82%
|
352
+112%
|
672
+91%
|
607
-10%
|
589
-3%
|
547
-7%
|
305
-44%
|
|
Net Income | ||||||||||||||
Tax Provision |
(22)
|
(22)
|
8
|
(7)
|
(66)
|
(110)
|
(46)
|
(89)
|
(67)
|
(50)
|
(144)
|
(102)
|
(95)
|
|
Income from Continuing Operations |
325
|
343
|
167
|
411
|
490
|
824
|
119
|
263
|
605
|
557
|
446
|
445
|
211
|
|
Income to Minority Interest |
3
|
3
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
(1)
|
(2)
|
(1)
|
|
Net Income (Common) |
328
N/A
|
345
+5%
|
168
-51%
|
411
+145%
|
490
+19%
|
823
+68%
|
119
-86%
|
263
+121%
|
606
+130%
|
558
-8%
|
445
-20%
|
443
0%
|
210
-53%
|
|
EPS (Diluted) |
0.06
N/A
|
0.07
+17%
|
0.03
-57%
|
0.06
+100%
|
0.07
+17%
|
0.12
+71%
|
0.02
-83%
|
0.03
+50%
|
0.07
+133%
|
0.06
-14%
|
0.07
+17%
|
0.05
-29%
|
0.03
-40%
|