TuanChe Ltd
NASDAQ:TC
Income Statement
Earnings Waterfall
TuanChe Ltd
Revenue
|
162.4m
CNY
|
Cost of Revenue
|
-68.9m
CNY
|
Gross Profit
|
93.4m
CNY
|
Operating Expenses
|
-212.9m
CNY
|
Operating Income
|
-119.5m
CNY
|
Other Expenses
|
36.5m
CNY
|
Net Income
|
-83m
CNY
|
Income Statement
TuanChe Ltd
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 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
281
N/A
|
344
+22%
|
459
+33%
|
539
+17%
|
651
+21%
|
687
+5%
|
708
+3%
|
688
-3%
|
645
-6%
|
532
-18%
|
383
-28%
|
347
-9%
|
330
-5%
|
401
+22%
|
479
+19%
|
440
-8%
|
358
-19%
|
233
-35%
|
183
-22%
|
186
+2%
|
162
-13%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(86)
|
(104)
|
(132)
|
(153)
|
(183)
|
(193)
|
(203)
|
(199)
|
(187)
|
(157)
|
(109)
|
(94)
|
(89)
|
(101)
|
(125)
|
(111)
|
(85)
|
(51)
|
(71)
|
(87)
|
(69)
|
|
Gross Profit |
195
N/A
|
240
+23%
|
327
+36%
|
386
+18%
|
468
+21%
|
494
+6%
|
505
+2%
|
489
-3%
|
458
-6%
|
375
-18%
|
274
-27%
|
253
-8%
|
241
-5%
|
300
+24%
|
355
+18%
|
329
-7%
|
272
-17%
|
183
-33%
|
113
-38%
|
99
-12%
|
93
-5%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(267)
|
(293)
|
(366)
|
(442)
|
(536)
|
(581)
|
(701)
|
(699)
|
(719)
|
(667)
|
(497)
|
(466)
|
(413)
|
(431)
|
(452)
|
(424)
|
(383)
|
(311)
|
(212)
|
(208)
|
(213)
|
|
Selling, General & Administrative |
(251)
|
(278)
|
(350)
|
(425)
|
(516)
|
(559)
|
(672)
|
(663)
|
(676)
|
(623)
|
(454)
|
(428)
|
(379)
|
(396)
|
(417)
|
(387)
|
(348)
|
(280)
|
(192)
|
(193)
|
(202)
|
|
Research & Development |
(16)
|
(16)
|
(16)
|
(17)
|
(19)
|
(23)
|
(29)
|
(36)
|
(43)
|
(45)
|
(43)
|
(38)
|
(34)
|
(35)
|
(35)
|
(37)
|
(36)
|
(30)
|
(20)
|
(15)
|
(11)
|
|
Operating Income |
(72)
N/A
|
(54)
+25%
|
(39)
+27%
|
(57)
-44%
|
(68)
-20%
|
(88)
-29%
|
(195)
-122%
|
(209)
-7%
|
(261)
-25%
|
(292)
-12%
|
(223)
+24%
|
(213)
+5%
|
(171)
+19%
|
(130)
+24%
|
(98)
+25%
|
(95)
+3%
|
(111)
-17%
|
(128)
-15%
|
(100)
+22%
|
(109)
-9%
|
(120)
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
(4)
|
0
|
0
|
(3)
|
(7)
|
1
|
2
|
4
|
5
|
6
|
5
|
3
|
3
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(16)
|
(90)
|
(75)
|
(2)
|
|
Total Other Income |
0
|
(6)
|
(9)
|
(6)
|
(1)
|
(4)
|
1
|
4
|
5
|
6
|
6
|
3
|
4
|
4
|
6
|
7
|
9
|
8
|
17
|
38
|
38
|
|
Pre-Tax Income |
(76)
N/A
|
(60)
+21%
|
(48)
+20%
|
(65)
-35%
|
(75)
-15%
|
(92)
-23%
|
(194)
-111%
|
(202)
-4%
|
(251)
-24%
|
(281)
-12%
|
(212)
+24%
|
(206)
+3%
|
(165)
+20%
|
(124)
+24%
|
(90)
+27%
|
(86)
+5%
|
(102)
-18%
|
(135)
-32%
|
(172)
-27%
|
(146)
+15%
|
(83)
+43%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(1)
|
6
|
5
|
0
|
|
Income from Continuing Operations |
(76)
|
(60)
|
(48)
|
(65)
|
(75)
|
(92)
|
(194)
|
(202)
|
(251)
|
(281)
|
(212)
|
(205)
|
(164)
|
(124)
|
(90)
|
(85)
|
(102)
|
(136)
|
(167)
|
(141)
|
(83)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(112)
N/A
|
(95)
+15%
|
(79)
+17%
|
(99)
-26%
|
(114)
-15%
|
(121)
-6%
|
(217)
-79%
|
(214)
+1%
|
(251)
-17%
|
(280)
-12%
|
(211)
+25%
|
(205)
+3%
|
(163)
+20%
|
(123)
+24%
|
(89)
+28%
|
(85)
+5%
|
(102)
-20%
|
(136)
-33%
|
(167)
-23%
|
(141)
+15%
|
(83)
+41%
|
|
EPS (Diluted) |
-1.41
N/A
|
-1.2
+15%
|
-0.99
+18%
|
-1.25
-26%
|
-1.57
-26%
|
-0.41
+74%
|
-0.72
-76%
|
-0.72
N/A
|
-0.85
-18%
|
-0.94
-11%
|
-0.71
+24%
|
-0.68
+4%
|
-0.54
+21%
|
-0.39
+28%
|
-0.28
+28%
|
-0.27
+4%
|
-0.33
-22%
|
-6.57
-1 891%
|
-0.52
+92%
|
-5.29
-917%
|
-0.2
+96%
|