Fufeng Group Ltd
HKEX:546
Income Statement
Earnings Waterfall
Fufeng Group Ltd
Revenue
|
28B
CNY
|
Cost of Revenue
|
-21.8B
CNY
|
Gross Profit
|
6.2B
CNY
|
Operating Expenses
|
-2.6B
CNY
|
Operating Income
|
3.7B
CNY
|
Other Expenses
|
-524.5m
CNY
|
Net Income
|
3.1B
CNY
|
Income Statement
Fufeng Group Ltd
Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
13 765
N/A
|
14 858
+8%
|
16 171
+9%
|
16 636
+3%
|
16 691
+0%
|
18 043
+8%
|
21 540
+19%
|
24 950
+16%
|
27 475
+10%
|
28 124
+2%
|
28 007
0%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(11 249)
|
(11 731)
|
(12 857)
|
(13 579)
|
(13 874)
|
(14 930)
|
(17 635)
|
(19 230)
|
(20 262)
|
(21 535)
|
(21 759)
|
|
Gross Profit |
2 515
N/A
|
3 127
+24%
|
3 314
+6%
|
3 056
-8%
|
2 816
-8%
|
3 113
+11%
|
3 905
+25%
|
5 720
+46%
|
7 212
+26%
|
6 589
-9%
|
6 247
-5%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(1 484)
|
(341)
|
(1 775)
|
(1 725)
|
(1 853)
|
(2 142)
|
(2 225)
|
(2 155)
|
(2 550)
|
(2 327)
|
(2 579)
|
|
Selling, General & Administrative |
(1 316)
|
(1 921)
|
(1 737)
|
(2 242)
|
(1 888)
|
(2 238)
|
(2 030)
|
(2 677)
|
(2 417)
|
(2 927)
|
(3 039)
|
|
Research & Development |
(228)
|
0
|
(338)
|
0
|
(325)
|
0
|
(387)
|
0
|
(382)
|
0
|
0
|
|
Depreciation & Amortization |
(135)
|
0
|
(124)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
196
|
1 580
|
424
|
517
|
360
|
96
|
192
|
521
|
249
|
599
|
460
|
|
Operating Income |
1 031
N/A
|
2 786
+170%
|
1 538
-45%
|
1 331
-13%
|
963
-28%
|
971
+1%
|
1 680
+73%
|
3 565
+112%
|
4 663
+31%
|
4 261
-9%
|
3 669
-14%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(180)
|
(236)
|
(96)
|
(141)
|
(187)
|
42
|
(163)
|
(252)
|
217
|
(130)
|
151
|
|
Non-Reccuring Items |
1 360
|
0
|
(43)
|
0
|
(6)
|
0
|
(2)
|
0
|
(19)
|
(0)
|
31
|
|
Pre-Tax Income |
2 211
N/A
|
2 550
+15%
|
1 399
-45%
|
1 190
-15%
|
771
-35%
|
1 013
+31%
|
1 516
+50%
|
3 313
+119%
|
4 860
+47%
|
4 130
-15%
|
3 850
-7%
|
|
Net Income | ||||||||||||
Tax Provision |
(366)
|
(407)
|
(262)
|
(238)
|
(141)
|
(172)
|
(235)
|
(597)
|
(999)
|
(757)
|
(706)
|
|
Income from Continuing Operations |
1 845
|
2 143
|
1 137
|
952
|
630
|
842
|
1 281
|
2 716
|
3 861
|
3 373
|
3 144
|
|
Net Income (Common) |
1 845
N/A
|
2 143
+16%
|
1 137
-47%
|
952
-16%
|
630
-34%
|
842
+34%
|
1 281
+52%
|
2 716
+112%
|
3 861
+42%
|
3 373
-13%
|
3 144
-7%
|
|
EPS (Diluted) |
0.72
N/A
|
0.84
+17%
|
0.45
-46%
|
0.38
-16%
|
0.25
-34%
|
0.33
+32%
|
0.51
+55%
|
1.07
+110%
|
1.52
+42%
|
1.33
-13%
|
1.24
-7%
|