Fanhua Inc
NASDAQ:FANH
Income Statement
Earnings Waterfall
Fanhua Inc
Revenue
|
3.2B
CNY
|
Cost of Revenue
|
-2.1B
CNY
|
Gross Profit
|
1.1B
CNY
|
Operating Expenses
|
-857.1m
CNY
|
Operating Income
|
195.8m
CNY
|
Other Expenses
|
84.7m
CNY
|
Net Income
|
280.5m
CNY
|
Income Statement
Fanhua Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 757
N/A
|
1 822
+4%
|
1 910
+5%
|
2 021
+6%
|
2 150
+6%
|
2 263
+5%
|
2 427
+7%
|
2 601
+7%
|
2 459
-5%
|
2 788
+13%
|
3 182
+14%
|
3 657
+15%
|
4 083
+12%
|
4 509
+10%
|
4 445
-1%
|
4 315
-3%
|
4 089
-5%
|
3 439
-16%
|
3 408
-1%
|
3 130
-8%
|
3 471
+11%
|
3 600
+4%
|
3 526
-2%
|
3 565
+1%
|
3 706
+4%
|
3 457
-7%
|
3 440
0%
|
3 429
0%
|
3 268
-5%
|
3 641
+11%
|
3 449
-5%
|
3 320
-4%
|
3 271
-1%
|
2 862
-12%
|
2 876
+0%
|
2 817
-2%
|
2 782
-1%
|
2 923
+5%
|
3 352
+15%
|
3 362
+0%
|
3 198
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 293)
|
(1 339)
|
(1 402)
|
(1 503)
|
(1 615)
|
(1 722)
|
(1 860)
|
(1 986)
|
(1 857)
|
(2 116)
|
(2 422)
|
(2 790)
|
(3 107)
|
(3 491)
|
(3 404)
|
(3 269)
|
(3 059)
|
(2 414)
|
(2 352)
|
(2 057)
|
(2 351)
|
(2 417)
|
(2 336)
|
(2 386)
|
(2 483)
|
(2 306)
|
(2 315)
|
(2 326)
|
(2 214)
|
(2 461)
|
(2 293)
|
(2 192)
|
(2 115)
|
(1 828)
|
(1 854)
|
(1 806)
|
(1 796)
|
(1 898)
|
(2 250)
|
(2 256)
|
(2 145)
|
|
Gross Profit |
464
N/A
|
483
+4%
|
508
+5%
|
519
+2%
|
535
+3%
|
542
+1%
|
566
+5%
|
615
+9%
|
603
-2%
|
671
+11%
|
760
+13%
|
867
+14%
|
976
+13%
|
1 018
+4%
|
1 041
+2%
|
1 046
+1%
|
1 029
-2%
|
1 025
0%
|
1 056
+3%
|
1 073
+2%
|
1 121
+4%
|
1 183
+6%
|
1 190
+1%
|
1 180
-1%
|
1 223
+4%
|
1 151
-6%
|
1 125
-2%
|
1 103
-2%
|
1 054
-4%
|
1 180
+12%
|
1 156
-2%
|
1 128
-2%
|
1 156
+2%
|
1 034
-11%
|
1 022
-1%
|
1 011
-1%
|
986
-2%
|
1 025
+4%
|
1 102
+8%
|
1 106
+0%
|
1 053
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(446)
|
(454)
|
(460)
|
(472)
|
(504)
|
(523)
|
(544)
|
(571)
|
(574)
|
(664)
|
(783)
|
(905)
|
(985)
|
(951)
|
(894)
|
(823)
|
(756)
|
(723)
|
(699)
|
(676)
|
(695)
|
(720)
|
(778)
|
(741)
|
(753)
|
(748)
|
(703)
|
(759)
|
(752)
|
(797)
|
(820)
|
(837)
|
(854)
|
(852)
|
(860)
|
(845)
|
(817)
|
(817)
|
(839)
|
(842)
|
(857)
|
|
Selling, General & Administrative |
(446)
|
(454)
|
(460)
|
(472)
|
(504)
|
(523)
|
(544)
|
(571)
|
(574)
|
(664)
|
(783)
|
(905)
|
(985)
|
(951)
|
(894)
|
(823)
|
(756)
|
(723)
|
(699)
|
(676)
|
(689)
|
(720)
|
(778)
|
(741)
|
(737)
|
(748)
|
(703)
|
(759)
|
(735)
|
(797)
|
(820)
|
(837)
|
(837)
|
(852)
|
(860)
|
(845)
|
(799)
|
(817)
|
(839)
|
(842)
|
(857)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
0
|
|
Operating Income |
18
N/A
|
30
+64%
|
48
+63%
|
47
-2%
|
31
-35%
|
19
-40%
|
22
+19%
|
44
+97%
|
28
-35%
|
8
-73%
|
(23)
N/A
|
(38)
-66%
|
(9)
+78%
|
67
N/A
|
147
+120%
|
223
+52%
|
273
+22%
|
302
+10%
|
357
+18%
|
398
+11%
|
426
+7%
|
462
+9%
|
412
-11%
|
439
+7%
|
469
+7%
|
403
-14%
|
422
+5%
|
344
-18%
|
302
-12%
|
383
+27%
|
337
-12%
|
292
-13%
|
302
+4%
|
182
-40%
|
162
-11%
|
166
+2%
|
169
+2%
|
209
+24%
|
264
+26%
|
265
+0%
|
196
-26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
93
|
101
|
118
|
123
|
127
|
119
|
128
|
123
|
123
|
125
|
106
|
101
|
122
|
109
|
180
|
217
|
218
|
251
|
204
|
238
|
230
|
223
|
188
|
116
|
82
|
56
|
49
|
48
|
48
|
47
|
44
|
37
|
36
|
30
|
26
|
28
|
32
|
43
|
53
|
209
|
158
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(5)
|
(5)
|
(6)
|
(6)
|
2
|
4
|
7
|
9
|
21
|
21
|
22
|
22
|
10
|
10
|
15
|
14
|
14
|
11
|
2
|
2
|
12
|
14
|
25
|
23
|
10
|
10
|
23
|
28
|
12
|
12
|
5
|
7
|
33
|
42
|
25
|
18
|
(4)
|
(11)
|
(7)
|
(29)
|
(4)
|
|
Pre-Tax Income |
107
N/A
|
126
+18%
|
161
+28%
|
164
+2%
|
160
-3%
|
141
-11%
|
157
+11%
|
175
+12%
|
172
-2%
|
154
-11%
|
105
-32%
|
85
-19%
|
124
+46%
|
186
+49%
|
342
+84%
|
454
+33%
|
505
+11%
|
564
+12%
|
563
0%
|
637
+13%
|
667
+5%
|
699
+5%
|
624
-11%
|
577
-8%
|
561
-3%
|
470
-16%
|
495
+5%
|
420
-15%
|
362
-14%
|
441
+22%
|
385
-13%
|
336
-13%
|
371
+11%
|
254
-32%
|
213
-16%
|
212
-1%
|
196
-7%
|
240
+22%
|
309
+29%
|
444
+44%
|
350
-21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(27)
|
(28)
|
(30)
|
(29)
|
(24)
|
(20)
|
(23)
|
(23)
|
(26)
|
(23)
|
(15)
|
(17)
|
(27)
|
(54)
|
(104)
|
(149)
|
(168)
|
(184)
|
(190)
|
(206)
|
(225)
|
(224)
|
(203)
|
(167)
|
(144)
|
(120)
|
(113)
|
(104)
|
(83)
|
(98)
|
(83)
|
(71)
|
(91)
|
(64)
|
(56)
|
(55)
|
(41)
|
(53)
|
(65)
|
(73)
|
(59)
|
|
Income from Continuing Operations |
79
|
98
|
131
|
135
|
135
|
121
|
134
|
153
|
147
|
131
|
91
|
69
|
97
|
131
|
238
|
305
|
337
|
379
|
373
|
432
|
443
|
476
|
421
|
411
|
417
|
350
|
382
|
316
|
279
|
344
|
302
|
264
|
281
|
190
|
157
|
157
|
155
|
187
|
244
|
371
|
290
|
|
Income to Minority Interest |
(4)
|
(0)
|
(2)
|
(2)
|
(4)
|
(3)
|
5
|
(3)
|
(5)
|
(6)
|
(13)
|
(10)
|
(11)
|
(9)
|
(7)
|
(5)
|
(3)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(4)
|
(0)
|
(7)
|
(10)
|
(8)
|
(8)
|
(4)
|
(1)
|
(9)
|
(8)
|
(3)
|
2
|
15
|
11
|
1
|
9
|
(9)
|
|
Equity Earnings Affiliates |
21
|
22
|
25
|
26
|
31
|
32
|
37
|
33
|
27
|
29
|
28
|
37
|
48
|
56
|
57
|
68
|
109
|
132
|
170
|
194
|
175
|
159
|
139
|
123
|
(225)
|
(262)
|
(287)
|
(310)
|
(3)
|
25
|
32
|
25
|
(21)
|
(107)
|
(115)
|
(118)
|
(70)
|
1
|
(2)
|
(2)
|
(1)
|
|
Net Income (Common) |
96
N/A
|
119
+25%
|
154
+29%
|
159
+4%
|
162
+2%
|
150
-7%
|
175
+17%
|
182
+4%
|
210
+15%
|
197
-6%
|
147
-25%
|
138
-7%
|
157
+14%
|
207
+32%
|
317
+53%
|
397
+25%
|
449
+13%
|
510
+13%
|
541
+6%
|
624
+15%
|
610
-2%
|
627
+3%
|
553
-12%
|
526
-5%
|
189
-64%
|
87
-54%
|
89
+1%
|
(4)
N/A
|
268
N/A
|
361
+34%
|
329
-9%
|
288
-12%
|
251
-13%
|
75
-70%
|
40
-47%
|
41
+3%
|
100
+147%
|
199
+98%
|
243
+22%
|
378
+56%
|
280
-26%
|
|
EPS (Diluted) |
0.09
N/A
|
0.11
+22%
|
0.14
+27%
|
0.14
N/A
|
0.16
+14%
|
0.14
-13%
|
0.16
+14%
|
0.16
N/A
|
0.17
+6%
|
0.16
-6%
|
0.12
-25%
|
0.11
-8%
|
0.11
N/A
|
0.17
+55%
|
0.23
+35%
|
0.31
+35%
|
0.35
+13%
|
0.39
+11%
|
0.41
+5%
|
0.47
+15%
|
0.49
+4%
|
0.55
+12%
|
0.5
-9%
|
0.49
-2%
|
0.17
-65%
|
0.08
-53%
|
0.08
N/A
|
-0.01
N/A
|
0.25
N/A
|
0.33
+32%
|
0.3
-9%
|
0.26
-13%
|
0.23
-12%
|
0.06
-74%
|
0.03
-50%
|
0.03
N/A
|
0.09
+200%
|
0.19
+111%
|
0.23
+21%
|
0.36
+57%
|
0.26
-28%
|