111 Inc
NASDAQ:YI
Income Statement
Earnings Waterfall
111 Inc
Revenue
|
14.9B
CNY
|
Cost of Revenue
|
-14.1B
CNY
|
Gross Profit
|
849m
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
-350.1m
CNY
|
Other Expenses
|
-42.6m
CNY
|
Net Income
|
-392.7m
CNY
|
Income Statement
111 Inc
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 |
959
N/A
|
1 094
+14%
|
1 255
+15%
|
1 504
+20%
|
1 786
+19%
|
2 111
+18%
|
2 549
+21%
|
3 162
+24%
|
3 952
+25%
|
4 872
+23%
|
5 656
+16%
|
6 908
+22%
|
8 203
+19%
|
9 222
+12%
|
10 625
+15%
|
11 608
+9%
|
12 426
+7%
|
12 814
+3%
|
12 827
+0%
|
12 829
+0%
|
13 517
+5%
|
14 231
+5%
|
14 671
+3%
|
14 988
+2%
|
14 948
0%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(869)
|
(982)
|
(1 143)
|
(1 401)
|
(1 682)
|
(2 015)
|
(2 435)
|
(3 016)
|
(3 787)
|
(4 653)
|
(5 394)
|
(6 603)
|
(7 837)
|
(8 828)
|
(10 181)
|
(11 088)
|
(11 805)
|
(12 116)
|
(12 072)
|
(12 038)
|
(12 677)
|
(13 347)
|
(13 772)
|
(14 100)
|
(14 099)
|
|
Gross Profit |
91
N/A
|
111
+22%
|
113
+1%
|
103
-8%
|
104
+1%
|
97
-7%
|
114
+18%
|
146
+28%
|
165
+13%
|
220
+33%
|
262
+19%
|
305
+16%
|
366
+20%
|
394
+8%
|
444
+13%
|
520
+17%
|
621
+19%
|
698
+12%
|
755
+8%
|
791
+5%
|
840
+6%
|
884
+5%
|
900
+2%
|
888
-1%
|
849
-4%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(345)
|
(346)
|
(382)
|
(438)
|
(504)
|
(561)
|
(583)
|
(603)
|
(659)
|
(720)
|
(755)
|
(801)
|
(839)
|
(927)
|
(1 073)
|
(1 202)
|
(1 263)
|
(1 269)
|
(1 217)
|
(1 158)
|
(1 211)
|
(1 174)
|
(1 152)
|
(1 140)
|
(1 199)
|
|
Selling, General & Administrative |
(292)
|
(292)
|
(324)
|
(373)
|
(430)
|
(479)
|
(490)
|
(500)
|
(526)
|
(554)
|
(576)
|
(597)
|
(620)
|
(698)
|
(798)
|
(884)
|
(909)
|
(887)
|
(823)
|
(765)
|
(803)
|
(757)
|
(737)
|
(721)
|
(797)
|
|
Other Operating Expenses |
(53)
|
(54)
|
(58)
|
(65)
|
(75)
|
(82)
|
(93)
|
(103)
|
(133)
|
(166)
|
(178)
|
(204)
|
(219)
|
(229)
|
(275)
|
(319)
|
(354)
|
(382)
|
(394)
|
(393)
|
(408)
|
(417)
|
(415)
|
(420)
|
(402)
|
|
Operating Income |
(254)
N/A
|
(234)
+8%
|
(270)
-15%
|
(334)
-24%
|
(400)
-20%
|
(465)
-16%
|
(469)
-1%
|
(458)
+3%
|
(494)
-8%
|
(501)
-1%
|
(493)
+2%
|
(497)
-1%
|
(473)
+5%
|
(533)
-13%
|
(629)
-18%
|
(682)
-8%
|
(642)
+6%
|
(571)
+11%
|
(462)
+19%
|
(367)
+20%
|
(371)
-1%
|
(291)
+22%
|
(252)
+13%
|
(252)
+0%
|
(350)
-39%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
0
|
(1)
|
3
|
3
|
7
|
8
|
2
|
(10)
|
(9)
|
(20)
|
(19)
|
1
|
3
|
16
|
20
|
11
|
6
|
5
|
(5)
|
(13)
|
(13)
|
(13)
|
(12)
|
(8)
|
(11)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(11)
|
(11)
|
(11)
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
5
|
10
|
10
|
12
|
10
|
6
|
9
|
12
|
13
|
11
|
7
|
3
|
6
|
7
|
15
|
15
|
14
|
14
|
6
|
8
|
9
|
9
|
8
|
8
|
|
Pre-Tax Income |
(249)
N/A
|
(230)
+8%
|
(256)
-12%
|
(320)
-25%
|
(382)
-19%
|
(459)
-20%
|
(472)
-3%
|
(470)
+1%
|
(502)
-7%
|
(508)
-1%
|
(501)
+1%
|
(488)
+3%
|
(467)
+4%
|
(511)
-9%
|
(602)
-18%
|
(657)
-9%
|
(621)
+5%
|
(553)
+11%
|
(453)
+18%
|
(374)
+18%
|
(376)
-1%
|
(295)
+22%
|
(255)
+13%
|
(252)
+1%
|
(353)
-40%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
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)
|
|
Income from Continuing Operations |
(249)
|
(230)
|
(256)
|
(320)
|
(382)
|
(459)
|
(472)
|
(470)
|
(502)
|
(508)
|
(501)
|
(488)
|
(467)
|
(511)
|
(602)
|
(657)
|
(621)
|
(553)
|
(453)
|
(374)
|
(376)
|
(295)
|
(255)
|
(252)
|
(353)
|
|
Income to Minority Interest |
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
2
|
4
|
11
|
33
|
57
|
(33)
|
(49)
|
(81)
|
(117)
|
(40)
|
(41)
|
(44)
|
(45)
|
(45)
|
(39)
|
|
Net Income (Common) |
(249)
N/A
|
(228)
+8%
|
(255)
-12%
|
(319)
-25%
|
(380)
-19%
|
(457)
-20%
|
(471)
-3%
|
(468)
+1%
|
(500)
-7%
|
(506)
-1%
|
(498)
+1%
|
(484)
+3%
|
(457)
+5%
|
(479)
-5%
|
(545)
-14%
|
(689)
-26%
|
(670)
+3%
|
(634)
+5%
|
(570)
+10%
|
(414)
+27%
|
(417)
-1%
|
(338)
+19%
|
(300)
+11%
|
(297)
+1%
|
(393)
-32%
|
|
EPS (Diluted) |
-1.54
N/A
|
-1.41
+8%
|
-1.57
-11%
|
-1.97
-25%
|
-2.33
-18%
|
-2.79
-20%
|
-2.87
-3%
|
-2.84
+1%
|
-3.05
-7%
|
-3.08
-1%
|
-3.03
+2%
|
-2.94
+3%
|
-2.77
+6%
|
-2.9
-5%
|
-3.3
-14%
|
-4.16
-26%
|
-4.04
+3%
|
-3.81
+6%
|
-3.42
+10%
|
-2.48
+27%
|
-2.5
-1%
|
-2.03
+19%
|
-1.8
+11%
|
-1.77
+2%
|
-2.33
-32%
|