China East Education Holdings Ltd
HKEX:667
Income Statement
Earnings Waterfall
China East Education Holdings Ltd
Revenue
|
4B
CNY
|
Cost of Revenue
|
-2.1B
CNY
|
Gross Profit
|
1.9B
CNY
|
Operating Expenses
|
-1.4B
CNY
|
Operating Income
|
464m
CNY
|
Other Expenses
|
-191.3m
CNY
|
Net Income
|
272.6m
CNY
|
Income Statement
China East Education Holdings Ltd
Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
3 905
N/A
|
3 601
-8%
|
3 649
+1%
|
4 133
+13%
|
4 140
+0%
|
4 017
-3%
|
3 819
-5%
|
3 894
+2%
|
3 979
+2%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(1 625)
|
(1 557)
|
(1 680)
|
(1 930)
|
(2 028)
|
(2 018)
|
(1 928)
|
(1 998)
|
(2 070)
|
|
Gross Profit |
2 280
N/A
|
2 045
-10%
|
1 969
-4%
|
2 204
+12%
|
2 112
-4%
|
1 998
-5%
|
1 891
-5%
|
1 895
+0%
|
1 908
+1%
|
|
Operating Income | ||||||||||
Operating Expenses |
(1 260)
|
(1 289)
|
(1 387)
|
(1 471)
|
(1 506)
|
(1 466)
|
(1 373)
|
(1 404)
|
(1 444)
|
|
Selling, General & Administrative |
(1 274)
|
(1 305)
|
(1 399)
|
(1 482)
|
(1 530)
|
(1 502)
|
(1 459)
|
(1 539)
|
(1 566)
|
|
Research & Development |
(31)
|
(34)
|
(44)
|
(39)
|
(31)
|
(27)
|
(22)
|
(19)
|
(17)
|
|
Other Operating Expenses |
45
|
50
|
56
|
50
|
55
|
63
|
107
|
154
|
139
|
|
Operating Income |
1 020
N/A
|
756
-26%
|
582
-23%
|
733
+26%
|
606
-17%
|
533
-12%
|
518
-3%
|
492
-5%
|
464
-6%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
71
|
194
|
(161)
|
(300)
|
(138)
|
(73)
|
(15)
|
(41)
|
(95)
|
|
Non-Reccuring Items |
(21)
|
20
|
22
|
1
|
0
|
(1)
|
(6)
|
(3)
|
(1)
|
|
Pre-Tax Income |
1 070
N/A
|
970
-9%
|
444
-54%
|
433
-2%
|
469
+8%
|
459
-2%
|
498
+8%
|
447
-10%
|
368
-18%
|
|
Net Income | ||||||||||
Tax Provision |
(222)
|
(192)
|
(186)
|
(185)
|
(167)
|
(148)
|
(130)
|
(118)
|
(95)
|
|
Income from Continuing Operations |
848
|
778
|
258
|
248
|
302
|
311
|
368
|
329
|
273
|
|
Net Income (Common) |
848
N/A
|
778
-8%
|
258
-67%
|
248
-4%
|
302
+22%
|
311
+3%
|
368
+18%
|
329
-10%
|
273
-17%
|
|
EPS (Diluted) |
0.41
N/A
|
0.34
-17%
|
0.11
-68%
|
0.11
N/A
|
0.13
+18%
|
0.14
+8%
|
0.17
+21%
|
0.15
-12%
|
0.12
-20%
|