China Huarong Asset Management Co Ltd
HKEX:2799
Income Statement
Earnings Waterfall
China Huarong Asset Management Co Ltd
Revenue
|
33B
CNY
|
Cost of Revenue
|
-554.2m
CNY
|
Gross Profit
|
32.4B
CNY
|
Operating Expenses
|
38.3B
CNY
|
Operating Income
|
70.7B
CNY
|
Other Expenses
|
-69B
CNY
|
Net Income
|
1.8B
CNY
|
Income Statement
China Huarong Asset Management Co Ltd
Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
69 162
N/A
|
70 077
+1%
|
82 257
+17%
|
100 911
+23%
|
112 476
+11%
|
107 250
-5%
|
96 207
-10%
|
88 553
-8%
|
86 663
-2%
|
85 277
-2%
|
81 067
-5%
|
66 778
-18%
|
47 776
-28%
|
41 535
-13%
|
35 633
-14%
|
35 888
+1%
|
32 994
-8%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(945)
|
(863)
|
(1 036)
|
(1 049)
|
(1 296)
|
(1 688)
|
(2 080)
|
(2 106)
|
(2 208)
|
(2 467)
|
(2 086)
|
(992)
|
(208)
|
(259)
|
(594)
|
(571)
|
(554)
|
|
Gross Profit |
68 217
N/A
|
69 214
+1%
|
81 221
+17%
|
99 862
+23%
|
111 180
+11%
|
105 562
-5%
|
94 127
-11%
|
86 447
-8%
|
84 455
-2%
|
82 809
-2%
|
78 981
-5%
|
65 786
-17%
|
47 567
-28%
|
41 276
-13%
|
35 039
-15%
|
35 317
+1%
|
32 440
-8%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(20 733)
|
(14 635)
|
(22 939)
|
(26 676)
|
(22 626)
|
(19 840)
|
(9 961)
|
(7 417)
|
(5 037)
|
(5 105)
|
(16 604)
|
(13 233)
|
(96)
|
(809)
|
3 187
|
(1 247)
|
38 306
|
|
Selling, General & Administrative |
(18 863)
|
(13 897)
|
(23 154)
|
(26 678)
|
(21 838)
|
(19 521)
|
(10 958)
|
(11 517)
|
(11 142)
|
(10 368)
|
(15 744)
|
(12 392)
|
(3 714)
|
(3 936)
|
(915)
|
(4 008)
|
(677)
|
|
Depreciation & Amortization |
(483)
|
(558)
|
(570)
|
(666)
|
(807)
|
(862)
|
(1 265)
|
(1 682)
|
(2 001)
|
(2 135)
|
(1 898)
|
(1 520)
|
(1 206)
|
(1 085)
|
(924)
|
(861)
|
(668)
|
|
Other Operating Expenses |
(1 387)
|
(181)
|
785
|
667
|
19
|
544
|
2 262
|
5 782
|
8 107
|
7 397
|
1 038
|
679
|
4 824
|
4 211
|
5 026
|
3 623
|
39 651
|
|
Operating Income |
47 483
N/A
|
54 579
+15%
|
58 282
+7%
|
73 185
+26%
|
88 554
+21%
|
85 722
-3%
|
84 166
-2%
|
79 030
-6%
|
79 418
+0%
|
77 704
-2%
|
62 378
-20%
|
52 553
-16%
|
47 471
-10%
|
40 466
-15%
|
38 227
-6%
|
34 070
-11%
|
70 746
+108%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(22 350)
|
(23 771)
|
(25 550)
|
(34 405)
|
(42 569)
|
(51 406)
|
(63 123)
|
(54 558)
|
(47 697)
|
(54 788)
|
(68 234)
|
(59 131)
|
(31 091)
|
(40 618)
|
(46 962)
|
(18 685)
|
(36 609)
|
|
Non-Reccuring Items |
(2 888)
|
(4 441)
|
(2 223)
|
(3 342)
|
(9 383)
|
(16 792)
|
(15 031)
|
(14 547)
|
(20 751)
|
(14 770)
|
(97 032)
|
(98 486)
|
(14 711)
|
(23 921)
|
(28 461)
|
(33 260)
|
(33 107)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
49
|
0
|
10
|
0
|
42
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
49
|
0
|
0
|
0
|
|
Pre-Tax Income |
22 246
N/A
|
26 367
+19%
|
30 509
+16%
|
35 439
+16%
|
36 602
+3%
|
17 525
-52%
|
6 012
-66%
|
9 925
+65%
|
10 970
+11%
|
8 147
-26%
|
(102 880)
N/A
|
(105 057)
-2%
|
1 719
N/A
|
(24 023)
N/A
|
(37 186)
-55%
|
(17 875)
+52%
|
1 072
N/A
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(5 295)
|
(6 438)
|
(7 401)
|
(8 774)
|
(10 014)
|
(6 202)
|
(4 503)
|
(6 740)
|
(8 701)
|
(7 897)
|
(3 545)
|
(2 425)
|
(4 212)
|
425
|
3 799
|
(132)
|
(859)
|
|
Income from Continuing Operations |
16 951
|
19 929
|
23 109
|
26 665
|
26 588
|
11 322
|
1 509
|
3 184
|
2 269
|
249
|
(106 425)
|
(107 482)
|
(2 493)
|
(23 598)
|
(33 387)
|
(18 006)
|
212
|
|
Income to Minority Interest |
(2 295)
|
(2 350)
|
(3 039)
|
(4 013)
|
(3 455)
|
(964)
|
1 043
|
1 185
|
25
|
(349)
|
4 183
|
3 529
|
(388)
|
608
|
736
|
1 684
|
1 630
|
|
Net Income (Common) |
14 482
N/A
|
17 232
+19%
|
19 613
+14%
|
21 850
+11%
|
21 993
+1%
|
9 317
-58%
|
1 576
-83%
|
3 410
+116%
|
1 424
-58%
|
(885)
N/A
|
(102 903)
-11 530%
|
(102 955)
0%
|
378
N/A
|
(18 646)
N/A
|
(27 587)
-48%
|
(13 636)
+51%
|
1 766
N/A
|
|
EPS (Diluted) |
0.43
N/A
|
0.46
+7%
|
0.5
+9%
|
0.56
+12%
|
0.56
N/A
|
0.24
-57%
|
0.04
-83%
|
0.09
+125%
|
0.04
-56%
|
-0.02
N/A
|
-2.64
-13 100%
|
-2.63
+0%
|
0
N/A
|
-0.23
N/A
|
-0.34
-48%
|
-0.16
+53%
|
0.02
N/A
|