Rise Education Cayman Ltd
NASDAQ:REDU
Income Statement
Earnings Waterfall
Rise Education Cayman Ltd
Revenue
|
0
CNY
|
Operating Expenses
|
-115.8m
CNY
|
Operating Income
|
-115.8m
CNY
|
Other Expenses
|
-209.9m
CNY
|
Net Income
|
-325.8m
CNY
|
Income Statement
Rise Education Cayman Ltd
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 | Dec-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||
Revenue |
530
N/A
|
582
+10%
|
633
+9%
|
673
+6%
|
711
+6%
|
778
+9%
|
833
+7%
|
890
+7%
|
969
+9%
|
1 029
+6%
|
1 103
+7%
|
1 190
+8%
|
1 272
+7%
|
1 337
+5%
|
1 404
+5%
|
1 467
+5%
|
1 529
+4%
|
1 303
-15%
|
1 101
-16%
|
1 010
-8%
|
959
-5%
|
1 111
+16%
|
1 203
+8%
|
0
N/A
|
|
Gross Profit | |||||||||||||||||||||||||
Cost of Revenue |
(347)
|
(356)
|
(359)
|
(358)
|
(364)
|
(371)
|
(390)
|
(415)
|
(452)
|
(481)
|
(518)
|
(556)
|
(577)
|
(605)
|
(629)
|
(661)
|
(695)
|
(683)
|
(664)
|
(631)
|
(603)
|
(623)
|
(645)
|
0
|
|
Gross Profit |
183
N/A
|
225
+23%
|
274
+22%
|
315
+15%
|
347
+10%
|
407
+17%
|
443
+9%
|
475
+7%
|
517
+9%
|
548
+6%
|
584
+7%
|
634
+9%
|
695
+10%
|
731
+5%
|
775
+6%
|
806
+4%
|
835
+4%
|
621
-26%
|
437
-30%
|
380
-13%
|
356
-6%
|
488
+37%
|
558
+14%
|
0
N/A
|
|
Operating Income | |||||||||||||||||||||||||
Operating Expenses |
(232)
|
(239)
|
(246)
|
(252)
|
(277)
|
(291)
|
(311)
|
(333)
|
(518)
|
(548)
|
(570)
|
(616)
|
(488)
|
(513)
|
(570)
|
(584)
|
(612)
|
(582)
|
(516)
|
(505)
|
(494)
|
(567)
|
(614)
|
(634)
|
|
Selling, General & Administrative |
(232)
|
(239)
|
(246)
|
(252)
|
(277)
|
(291)
|
(311)
|
(333)
|
(518)
|
(548)
|
(570)
|
(616)
|
(488)
|
(512)
|
(570)
|
(584)
|
(612)
|
(582)
|
(516)
|
(505)
|
(494)
|
(530)
|
(577)
|
(308)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(37)
|
(37)
|
(326)
|
|
Operating Income |
(50)
N/A
|
(13)
+74%
|
28
N/A
|
63
+122%
|
71
+13%
|
116
+64%
|
133
+14%
|
142
+7%
|
(1)
N/A
|
(0)
+67%
|
14
N/A
|
19
+34%
|
208
+1 005%
|
219
+5%
|
205
-7%
|
222
+9%
|
223
+0%
|
38
-83%
|
(79)
N/A
|
(125)
-59%
|
(138)
-11%
|
(79)
+43%
|
(56)
+29%
|
(116)
-107%
|
|
Pre-Tax Income | |||||||||||||||||||||||||
Interest Income Expense |
16
|
16
|
14
|
14
|
8
|
4
|
3
|
(2)
|
(7)
|
(8)
|
(10)
|
(12)
|
(9)
|
(11)
|
(14)
|
(18)
|
(18)
|
(14)
|
(14)
|
(10)
|
(9)
|
(8)
|
(9)
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(37)
|
0
|
0
|
279
|
|
Total Other Income |
0
|
1
|
0
|
0
|
5
|
5
|
4
|
4
|
7
|
17
|
18
|
19
|
15
|
12
|
12
|
13
|
10
|
5
|
7
|
22
|
27
|
35
|
35
|
9
|
|
Pre-Tax Income |
(33)
N/A
|
3
N/A
|
42
+1 179%
|
76
+81%
|
83
+9%
|
124
+50%
|
139
+12%
|
144
+4%
|
(1)
N/A
|
9
N/A
|
23
+150%
|
26
+16%
|
214
+724%
|
220
+3%
|
202
-8%
|
216
+7%
|
215
0%
|
29
-86%
|
(86)
N/A
|
(113)
-32%
|
(157)
-39%
|
(52)
+67%
|
(29)
+44%
|
172
N/A
|
|
Net Income | |||||||||||||||||||||||||
Tax Provision |
1
|
(5)
|
(15)
|
(25)
|
(32)
|
(45)
|
(49)
|
(54)
|
(53)
|
(54)
|
(56)
|
(56)
|
(72)
|
(76)
|
(80)
|
(87)
|
(71)
|
(32)
|
(2)
|
18
|
16
|
(3)
|
0
|
0
|
|
Income from Continuing Operations |
(32)
|
(1)
|
27
|
51
|
51
|
80
|
90
|
90
|
(54)
|
(45)
|
(33)
|
(30)
|
142
|
144
|
122
|
130
|
145
|
(3)
|
(88)
|
(95)
|
(142)
|
(55)
|
(43)
|
173
|
|
Income to Minority Interest |
5
|
5
|
4
|
3
|
3
|
4
|
4
|
8
|
6
|
5
|
4
|
3
|
1
|
(0)
|
(0)
|
(1)
|
4
|
11
|
16
|
13
|
9
|
2
|
(5)
|
8
|
|
Net Income (Common) |
(26)
N/A
|
3
N/A
|
31
+803%
|
54
+76%
|
54
+0%
|
84
+55%
|
95
+13%
|
98
+3%
|
(48)
N/A
|
(41)
+16%
|
(30)
+27%
|
(27)
+10%
|
143
N/A
|
144
+0%
|
122
-15%
|
129
+5%
|
148
+15%
|
8
-95%
|
(71)
N/A
|
(83)
-16%
|
(132)
-60%
|
(53)
+60%
|
(48)
+10%
|
(326)
-581%
|
|
EPS (Diluted) |
-0.24
N/A
|
0.03
N/A
|
0.28
+833%
|
0.49
+75%
|
0.49
N/A
|
0.76
+55%
|
0.86
+13%
|
0.89
+3%
|
-0.62
N/A
|
-0.35
+44%
|
-0.25
+29%
|
-0.23
+8%
|
1.23
N/A
|
1.25
+2%
|
1.06
-15%
|
1.12
+6%
|
1.26
+13%
|
0.07
-94%
|
-0.63
N/A
|
-0.72
-14%
|
-1.17
-63%
|
-0.47
+60%
|
-0.42
+11%
|
-2.89
-588%
|