Cheerwin Group Ltd
HKEX:6601
Income Statement
Earnings Waterfall
Cheerwin Group Ltd
Revenue
|
1.6B
CNY
|
Cost of Revenue
|
-897.3m
CNY
|
Gross Profit
|
718.3m
CNY
|
Operating Expenses
|
-489.3m
CNY
|
Operating Income
|
228.9m
CNY
|
Other Expenses
|
-53.9m
CNY
|
Net Income
|
175m
CNY
|
Income Statement
Cheerwin Group Ltd
Sep-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
2 845
N/A
|
1 702
-40%
|
1 762
+4%
|
1 769
+0%
|
1 520
-14%
|
1 447
-5%
|
1 556
+8%
|
1 616
+4%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(1 618)
|
(960)
|
(971)
|
(982)
|
(890)
|
(845)
|
(888)
|
(897)
|
|
Gross Profit |
1 226
N/A
|
743
-39%
|
791
+7%
|
787
0%
|
630
-20%
|
601
-5%
|
669
+11%
|
718
+7%
|
|
Operating Income | |||||||||
Operating Expenses |
(681)
|
(428)
|
(565)
|
(666)
|
(538)
|
(532)
|
(541)
|
(489)
|
|
Selling, General & Administrative |
(740)
|
(458)
|
(603)
|
(705)
|
(616)
|
(600)
|
(637)
|
(613)
|
|
Other Operating Expenses |
59
|
31
|
38
|
39
|
78
|
68
|
96
|
124
|
|
Operating Income |
545
N/A
|
315
-42%
|
226
-28%
|
121
-46%
|
92
-24%
|
70
-24%
|
128
+84%
|
229
+79%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(2)
|
7
|
(6)
|
12
|
2
|
21
|
13
|
(11)
|
|
Non-Reccuring Items |
(40)
|
(29)
|
(15)
|
(13)
|
(3)
|
(4)
|
(3)
|
(1)
|
|
Pre-Tax Income |
504
N/A
|
293
-42%
|
205
-30%
|
120
-41%
|
91
-24%
|
86
-5%
|
138
+59%
|
217
+58%
|
|
Net Income | |||||||||
Tax Provision |
(104)
|
(60)
|
(45)
|
(30)
|
(30)
|
(21)
|
(26)
|
(44)
|
|
Income from Continuing Operations |
399
|
233
|
160
|
91
|
61
|
65
|
112
|
173
|
|
Income to Minority Interest |
(9)
|
(9)
|
1
|
1
|
1
|
1
|
1
|
2
|
|
Net Income (Common) |
390
N/A
|
224
-43%
|
161
-28%
|
92
-43%
|
62
-33%
|
66
+7%
|
113
+71%
|
175
+55%
|
|
EPS (Diluted) |
0.29
N/A
|
0.22
-24%
|
0.13
-41%
|
0.07
-46%
|
0.05
-29%
|
0.05
N/A
|
0.08
+60%
|
0.13
+63%
|