Kuke Music Holding Ltd
NYSE:KUKE
Income Statement
Earnings Waterfall
Kuke Music Holding Ltd
Revenue
|
167.3m
CNY
|
Cost of Revenue
|
-108.2m
CNY
|
Gross Profit
|
59.1m
CNY
|
Operating Expenses
|
-920.1m
CNY
|
Operating Income
|
-860.9m
CNY
|
Other Expenses
|
-13m
CNY
|
Net Income
|
-873.9m
CNY
|
Income Statement
Kuke Music Holding Ltd
Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Dec-2022 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
129
N/A
|
140
+9%
|
163
+16%
|
168
+3%
|
242
+44%
|
306
+26%
|
296
-3%
|
311
+5%
|
281
-10%
|
115
-59%
|
167
+45%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(35)
|
(37)
|
(44)
|
(48)
|
(75)
|
(98)
|
(126)
|
(144)
|
(135)
|
(98)
|
(108)
|
|
Gross Profit |
93
N/A
|
103
+10%
|
119
+15%
|
120
+2%
|
167
+39%
|
208
+25%
|
170
-18%
|
167
-2%
|
146
-12%
|
17
-88%
|
59
+242%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(62)
|
(74)
|
(87)
|
(121)
|
(166)
|
(219)
|
(221)
|
(217)
|
(183)
|
(195)
|
(920)
|
|
Selling, General & Administrative |
(67)
|
(75)
|
(74)
|
(117)
|
(160)
|
(213)
|
(194)
|
(217)
|
(185)
|
(177)
|
(196)
|
|
Research & Development |
0
|
0
|
(13)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
(19)
|
0
|
|
Depreciation & Amortization |
0
|
0
|
(3)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
(5)
|
0
|
|
Other Operating Expenses |
5
|
1
|
3
|
(4)
|
(6)
|
(5)
|
5
|
(0)
|
1
|
6
|
(724)
|
|
Operating Income |
31
N/A
|
29
-8%
|
32
+11%
|
(0)
N/A
|
1
N/A
|
(11)
N/A
|
(52)
-390%
|
(50)
+3%
|
(37)
+26%
|
(178)
-379%
|
(861)
-385%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(6)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(7)
|
(7)
|
(6)
|
(5)
|
(7)
|
|
Non-Reccuring Items |
(17)
|
(18)
|
(35)
|
0
|
0
|
0
|
0
|
0
|
0
|
(708)
|
0
|
|
Pre-Tax Income |
8
N/A
|
3
-62%
|
(12)
N/A
|
(9)
+19%
|
(9)
+9%
|
(20)
-130%
|
(59)
-196%
|
(57)
+3%
|
(43)
+25%
|
(890)
-1 980%
|
(868)
+3%
|
|
Net Income | ||||||||||||
Tax Provision |
(3)
|
(5)
|
(4)
|
(5)
|
(8)
|
(9)
|
(1)
|
(1)
|
(0)
|
(7)
|
(6)
|
|
Income from Continuing Operations |
5
|
(2)
|
(15)
|
(15)
|
(17)
|
(29)
|
(60)
|
(58)
|
(43)
|
(897)
|
(875)
|
|
Income to Minority Interest |
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
3
|
1
|
|
Net Income (Common) |
3
N/A
|
(4)
N/A
|
(16)
-332%
|
(16)
+1%
|
(18)
-9%
|
(30)
-68%
|
(60)
-99%
|
(58)
+3%
|
(42)
+28%
|
(894)
-2 055%
|
(874)
+2%
|
|
EPS (Diluted) |
0.12
N/A
|
-0.12
N/A
|
-0.56
-367%
|
-0.54
+4%
|
-0.6
-11%
|
-1.01
-68%
|
-2.01
-99%
|
-1.95
+3%
|
-1.43
+27%
|
-30.19
-2 011%
|
-29.69
+2%
|