Chinasoft International Ltd
HKEX:354
Income Statement
Earnings Waterfall
Chinasoft International Ltd
Revenue
|
17.1B
CNY
|
Cost of Revenue
|
-13.1B
CNY
|
Gross Profit
|
4B
CNY
|
Operating Expenses
|
-3B
CNY
|
Operating Income
|
991.5m
CNY
|
Other Expenses
|
-278.1m
CNY
|
Net Income
|
713.4m
CNY
|
Income Statement
Chinasoft International Ltd
Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | 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 |
166
N/A
|
205
+23%
|
223
+9%
|
262
+17%
|
294
+12%
|
324
+10%
|
341
+5%
|
353
+4%
|
382
+8%
|
356
-7%
|
353
-1%
|
354
+0%
|
355
+0%
|
411
+16%
|
548
+33%
|
665
+21%
|
812
+22%
|
925
+14%
|
935
+1%
|
940
+1%
|
983
+5%
|
4 145
+322%
|
9 244
+123%
|
9 912
+7%
|
10 585
+7%
|
11 309
+7%
|
12 042
+6%
|
12 563
+4%
|
14 101
+12%
|
16 383
+16%
|
18 398
+12%
|
20 082
+9%
|
20 005
0%
|
18 430
-8%
|
17 117
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(117)
|
(149)
|
(158)
|
(193)
|
(212)
|
(235)
|
(246)
|
(248)
|
(264)
|
(232)
|
(221)
|
(201)
|
(186)
|
(223)
|
(324)
|
(419)
|
(545)
|
(633)
|
(639)
|
(639)
|
(709)
|
(3 002)
|
(6 493)
|
(6 915)
|
(7 340)
|
(7 888)
|
(8 459)
|
(8 898)
|
(9 983)
|
(11 620)
|
(13 494)
|
(14 990)
|
(15 405)
|
(14 310)
|
(13 114)
|
|
Gross Profit |
49
N/A
|
56
+14%
|
66
+18%
|
69
+6%
|
82
+18%
|
90
+10%
|
96
+7%
|
106
+10%
|
118
+12%
|
124
+5%
|
132
+6%
|
153
+16%
|
169
+11%
|
188
+11%
|
224
+19%
|
246
+10%
|
267
+8%
|
292
+10%
|
296
+1%
|
301
+2%
|
274
-9%
|
1 143
+317%
|
2 750
+141%
|
2 998
+9%
|
3 245
+8%
|
3 421
+5%
|
3 583
+5%
|
3 665
+2%
|
4 118
+12%
|
4 763
+16%
|
4 904
+3%
|
5 092
+4%
|
4 600
-10%
|
4 120
-10%
|
4 003
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18)
|
(21)
|
(28)
|
(30)
|
(40)
|
(47)
|
(52)
|
(58)
|
(71)
|
(73)
|
(75)
|
(90)
|
(100)
|
(117)
|
(143)
|
(158)
|
(182)
|
(204)
|
(211)
|
(218)
|
(231)
|
(816)
|
(2 035)
|
(2 146)
|
(2 371)
|
(2 525)
|
(2 582)
|
(2 641)
|
(2 984)
|
(3 461)
|
(3 624)
|
(3 661)
|
(3 756)
|
(3 391)
|
(3 012)
|
|
Selling, General & Administrative |
(18)
|
(21)
|
(29)
|
(31)
|
(39)
|
(46)
|
(49)
|
(55)
|
(73)
|
(76)
|
(80)
|
(96)
|
(101)
|
(116)
|
(140)
|
(155)
|
(179)
|
(197)
|
(201)
|
(208)
|
(235)
|
(808)
|
(1 482)
|
(1 587)
|
(1 622)
|
(1 820)
|
(1 888)
|
(1 983)
|
(2 193)
|
(2 835)
|
(2 811)
|
(2 933)
|
(2 721)
|
(2 397)
|
(2 340)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(567)
|
0
|
(739)
|
0
|
(809)
|
0
|
(930)
|
0
|
(1 249)
|
0
|
(1 238)
|
0
|
(1 078)
|
|
Depreciation & Amortization |
0
|
0
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(8)
|
(10)
|
(13)
|
(15)
|
(15)
|
(17)
|
(19)
|
(21)
|
(22)
|
0
|
(82)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
1
|
1
|
2
|
2
|
1
|
1
|
0
|
(0)
|
5
|
6
|
8
|
9
|
9
|
11
|
12
|
13
|
12
|
11
|
10
|
13
|
27
|
(8)
|
96
|
(559)
|
(10)
|
(705)
|
115
|
(658)
|
139
|
(626)
|
436
|
(728)
|
203
|
(993)
|
407
|
|
Operating Income |
32
N/A
|
35
+11%
|
38
+9%
|
40
+6%
|
41
+3%
|
43
+3%
|
44
+3%
|
47
+8%
|
47
-1%
|
51
+8%
|
56
+10%
|
62
+11%
|
69
+11%
|
71
+2%
|
81
+15%
|
88
+8%
|
84
-4%
|
88
+4%
|
85
-3%
|
83
-2%
|
44
-47%
|
327
+646%
|
716
+119%
|
852
+19%
|
873
+2%
|
896
+3%
|
1 001
+12%
|
1 024
+2%
|
1 135
+11%
|
1 302
+15%
|
1 280
-2%
|
1 431
+12%
|
844
-41%
|
729
-14%
|
992
+36%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(0)
|
1
|
2
|
2
|
2
|
2
|
2
|
3
|
2
|
(108)
|
(108)
|
(126)
|
(79)
|
142
|
150
|
189
|
144
|
55
|
(59)
|
(79)
|
(99)
|
(113)
|
(134)
|
(166)
|
(173)
|
(68)
|
(133)
|
(28)
|
(145)
|
(13)
|
(167)
|
(235)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
0
|
0
|
(36)
|
0
|
(32)
|
0
|
0
|
0
|
(1)
|
0
|
(22)
|
|
Total Other Income |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(11)
|
(11)
|
(11)
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
31
N/A
|
34
+11%
|
37
+9%
|
40
+6%
|
42
+7%
|
44
+4%
|
46
+3%
|
49
+8%
|
49
-1%
|
52
+8%
|
59
+12%
|
64
+10%
|
(52)
N/A
|
(48)
+8%
|
(56)
-17%
|
(1)
+97%
|
225
N/A
|
238
+6%
|
273
+15%
|
226
-17%
|
81
-64%
|
268
+231%
|
633
+136%
|
753
+19%
|
760
+1%
|
762
+0%
|
799
+5%
|
851
+7%
|
1 035
+22%
|
1 169
+13%
|
1 252
+7%
|
1 286
+3%
|
830
-35%
|
562
-32%
|
734
+31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(9)
|
(11)
|
(12)
|
(12)
|
(14)
|
(14)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(28)
|
(71)
|
(76)
|
(44)
|
(43)
|
(42)
|
(56)
|
(87)
|
(101)
|
(115)
|
(96)
|
(71)
|
(23)
|
(21)
|
|
Income from Continuing Operations |
28
|
31
|
34
|
37
|
39
|
40
|
42
|
45
|
43
|
46
|
49
|
53
|
(64)
|
(60)
|
(69)
|
(16)
|
216
|
229
|
266
|
219
|
72
|
240
|
561
|
677
|
716
|
719
|
757
|
795
|
948
|
1 068
|
1 137
|
1 191
|
759
|
539
|
713
|
|
Income to Minority Interest |
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(3)
|
(3)
|
(6)
|
(7)
|
(7)
|
(10)
|
(9)
|
(9)
|
(8)
|
5
|
4
|
2
|
(0)
|
0
|
(2)
|
(1)
|
7
|
3
|
0
|
0
|
1
|
0
|
1
|
|
Net Income (Common) |
24
N/A
|
27
+11%
|
29
+8%
|
33
+12%
|
36
+10%
|
38
+7%
|
41
+8%
|
42
+3%
|
40
-6%
|
42
+6%
|
46
+9%
|
49
+6%
|
(67)
N/A
|
(65)
+2%
|
(80)
-22%
|
(27)
+67%
|
209
N/A
|
221
+6%
|
260
+18%
|
216
-17%
|
63
-71%
|
245
+288%
|
566
+130%
|
679
+20%
|
716
+5%
|
720
+1%
|
755
+5%
|
794
+5%
|
955
+20%
|
1 071
+12%
|
1 137
+6%
|
1 191
+5%
|
759
-36%
|
539
-29%
|
713
+32%
|
|
EPS (Diluted) |
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
-0.08
N/A
|
-0.06
+25%
|
-0.12
-100%
|
-0.02
+83%
|
0.1
N/A
|
0.18
+80%
|
0.21
+17%
|
0.17
-19%
|
0.06
-65%
|
0.1
+67%
|
0.22
+120%
|
0.26
+18%
|
0.25
-4%
|
0.28
+12%
|
0.3
+7%
|
0.29
-3%
|
0.36
+24%
|
0.38
+6%
|
0.38
N/A
|
0.39
+3%
|
0.25
-36%
|
0.18
-28%
|
0.25
+39%
|