China New Higher Education Group Ltd
HKEX:2001
Income Statement
Earnings Waterfall
China New Higher Education Group Ltd
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 | Feb-2024 | Aug-2024 | Feb-2025 | Aug-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Interest Expense |
40
|
53
|
78
|
88
|
94
|
107
|
76
|
142
|
142
|
143
|
115
|
117
|
144
|
134
|
128
|
128
|
0
|
|
| 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%
|
2 278
+7%
|
2 412
+6%
|
2 514
+4%
|
2 599
+3%
|
|
| Gross Profit | ||||||||||||||||||
| Cost of Revenue |
(187)
|
(205)
|
(275)
|
(398)
|
(547)
|
(618)
|
(433)
|
(863)
|
(830)
|
(1 020)
|
(1 171)
|
(1 251)
|
(1 313)
|
(1 404)
|
(1 536)
|
(1 615)
|
(1 676)
|
|
| 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%
|
874
+8%
|
876
+0%
|
899
+3%
|
923
+3%
|
|
| Operating Income | ||||||||||||||||||
| Operating Expenses |
37
|
100
|
60
|
27
|
25
|
19
|
(20)
|
11
|
72
|
89
|
72
|
84
|
102
|
90
|
93
|
83
|
93
|
|
| Selling, General & Administrative |
(62)
|
(52)
|
(59)
|
(71)
|
(99)
|
(96)
|
(53)
|
(113)
|
(105)
|
(119)
|
(116)
|
(104)
|
(132)
|
(145)
|
(154)
|
(166)
|
(170)
|
|
| Other Operating Expenses |
99
|
151
|
119
|
98
|
124
|
114
|
33
|
124
|
177
|
208
|
188
|
188
|
234
|
234
|
247
|
248
|
263
|
|
| 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%
|
870
+6%
|
908
+4%
|
964
+6%
|
969
+1%
|
982
+1%
|
1 016
+3%
|
|
| Pre-Tax Income | ||||||||||||||||||
| Interest Income Expense |
(14)
|
(53)
|
(70)
|
(88)
|
(82)
|
(107)
|
(65)
|
(109)
|
(110)
|
(116)
|
(92)
|
(92)
|
(120)
|
(115)
|
(106)
|
(78)
|
(68)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
20
|
20
|
20
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
48
|
48
|
17
|
17
|
58
|
65
|
50
|
74
|
48
|
|
| 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%
|
914
+8%
|
913
0%
|
978
+7%
|
996
+2%
|
|
| Net Income | ||||||||||||||||||
| Tax Provision |
(17)
|
(20)
|
(23)
|
(25)
|
(56)
|
(73)
|
(27)
|
(65)
|
(86)
|
(106)
|
(117)
|
(131)
|
(143)
|
(169)
|
(157)
|
(184)
|
(166)
|
|
| Income from Continuing Operations |
233
|
273
|
254
|
330
|
430
|
470
|
197
|
502
|
592
|
642
|
630
|
666
|
703
|
745
|
756
|
793
|
829
|
|
| Income to Minority Interest |
0
|
0
|
(12)
|
(36)
|
(44)
|
(46)
|
(22)
|
(33)
|
(24)
|
(24)
|
(10)
|
0
|
0
|
0
|
0
|
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%
|
666
+7%
|
703
+6%
|
745
+6%
|
756
+1%
|
793
+5%
|
829
+5%
|
|
| EPS (Diluted) |
0.17
N/A
|
0.19
+12%
|
0.17
-11%
|
0.2
+18%
|
0.2
N/A
|
0.21
+5%
|
0.08
-62%
|
0.23
+188%
|
0.26
+13%
|
0.3
+15%
|
0.31
+3%
|
0.33
+6%
|
0.35
+6%
|
0.38
+9%
|
0.38
N/A
|
0.4
+5%
|
0.49
+22%
|
|