China New Higher Education Group Ltd
HKEX:2001
Income Statement
Earnings Waterfall
China New Higher Education Group Ltd
Revenue
|
2.1B
CNY
|
Cost of Revenue
|
-1.3B
CNY
|
Gross Profit
|
806m
CNY
|
Operating Expenses
|
102m
CNY
|
Operating Income
|
908m
CNY
|
Other Expenses
|
-204.7m
CNY
|
Net Income
|
703.3m
CNY
|
Income Statement
China New Higher Education Group Ltd
Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
414
N/A
|
451
+9%
|
561
+25%
|
814
+45%
|
1 089
+34%
|
1 229
+13%
|
722
-41%
|
1 508
+109%
|
1 497
-1%
|
1 747
+17%
|
1 922
+10%
|
2 038
+6%
|
2 119
+4%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(187)
|
(205)
|
(275)
|
(398)
|
(547)
|
(618)
|
(433)
|
(863)
|
(830)
|
(1 020)
|
(1 171)
|
(1 251)
|
(1 313)
|
|
Gross Profit |
228
N/A
|
246
+8%
|
286
+16%
|
415
+45%
|
543
+31%
|
612
+13%
|
289
-53%
|
645
+124%
|
667
+3%
|
727
+9%
|
750
+3%
|
787
+5%
|
806
+2%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
37
|
100
|
60
|
27
|
25
|
19
|
(20)
|
11
|
72
|
89
|
72
|
84
|
102
|
|
Selling, General & Administrative |
(62)
|
(52)
|
(59)
|
(71)
|
(99)
|
(96)
|
(53)
|
(113)
|
(105)
|
(119)
|
(116)
|
(105)
|
(132)
|
|
Other Operating Expenses |
99
|
151
|
119
|
98
|
124
|
114
|
33
|
124
|
177
|
208
|
188
|
189
|
234
|
|
Operating Income |
264
N/A
|
346
+31%
|
347
+0%
|
443
+28%
|
568
+28%
|
631
+11%
|
269
-57%
|
657
+144%
|
739
+13%
|
816
+10%
|
822
+1%
|
871
+6%
|
908
+4%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(14)
|
(53)
|
(70)
|
(88)
|
(82)
|
(107)
|
(65)
|
(109)
|
(110)
|
(116)
|
(92)
|
(92)
|
(120)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
20
|
20
|
20
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
48
|
48
|
17
|
17
|
58
|
|
Pre-Tax Income |
250
N/A
|
293
+17%
|
277
-6%
|
355
+28%
|
486
+37%
|
544
+12%
|
224
-59%
|
567
+154%
|
678
+19%
|
748
+10%
|
748
0%
|
796
+6%
|
846
+6%
|
|
Net Income | ||||||||||||||
Tax Provision |
(17)
|
(20)
|
(23)
|
(25)
|
(56)
|
(73)
|
(27)
|
(65)
|
(86)
|
(106)
|
(117)
|
(131)
|
(143)
|
|
Income from Continuing Operations |
233
|
273
|
254
|
330
|
430
|
470
|
197
|
502
|
592
|
642
|
630
|
665
|
703
|
|
Income to Minority Interest |
0
|
0
|
(12)
|
(36)
|
(44)
|
(46)
|
(22)
|
(33)
|
(24)
|
(24)
|
(10)
|
0
|
0
|
|
Net Income (Common) |
233
N/A
|
273
+17%
|
243
-11%
|
294
+21%
|
386
+32%
|
424
+10%
|
175
-59%
|
470
+168%
|
568
+21%
|
619
+9%
|
620
+0%
|
665
+7%
|
703
+6%
|
|
EPS (Diluted) |
0.17
N/A
|
0.19
+12%
|
0.17
-11%
|
0.2
+18%
|
0.26
+30%
|
0.28
+8%
|
0.11
-61%
|
0.3
+173%
|
0.34
+13%
|
0.37
+9%
|
0.39
+5%
|
0.42
+8%
|
0.45
+7%
|