Waterdrop Inc
NYSE:WDH
Income Statement
Earnings Waterfall
Waterdrop Inc
Revenue
|
2.6B
CNY
|
Cost of Revenue
|
-1.2B
CNY
|
Gross Profit
|
1.4B
CNY
|
Operating Expenses
|
-1.4B
CNY
|
Operating Income
|
-6.7m
CNY
|
Other Expenses
|
174m
CNY
|
Net Income
|
167.2m
CNY
|
Income Statement
Waterdrop Inc
Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
2 653
N/A
|
3 432
+29%
|
3 206
-7%
|
2 971
-7%
|
2 733
-8%
|
2 726
0%
|
2 802
+3%
|
2 759
-2%
|
2 737
-1%
|
2 651
-3%
|
2 631
-1%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(812)
|
(1 108)
|
(1 055)
|
(909)
|
(893)
|
(938)
|
(1 019)
|
(1 113)
|
(1 201)
|
(1 172)
|
(1 196)
|
|
Gross Profit |
1 841
N/A
|
2 324
+26%
|
2 151
-7%
|
2 063
-4%
|
1 840
-11%
|
1 788
-3%
|
1 782
0%
|
1 647
-8%
|
1 536
-7%
|
1 479
-4%
|
1 435
-3%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(3 390)
|
(4 386)
|
(4 014)
|
(3 349)
|
(2 155)
|
(1 458)
|
(1 304)
|
(1 275)
|
(1 361)
|
(1 439)
|
(1 442)
|
|
Selling, General & Administrative |
(3 137)
|
(4 030)
|
(3 635)
|
(2 983)
|
(1 820)
|
(1 147)
|
(1 013)
|
(976)
|
(1 046)
|
(1 128)
|
(1 143)
|
|
Research & Development |
(253)
|
(356)
|
(379)
|
(365)
|
(335)
|
(311)
|
(291)
|
(299)
|
(316)
|
(311)
|
(299)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
Operating Income |
(1 549)
N/A
|
(2 062)
-33%
|
(1 863)
+10%
|
(1 286)
+31%
|
(315)
+76%
|
331
N/A
|
478
+45%
|
372
-22%
|
174
-53%
|
40
-77%
|
(7)
N/A
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
33
|
58
|
58
|
59
|
62
|
60
|
86
|
102
|
125
|
131
|
140
|
|
Non-Reccuring Items |
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(146)
|
(143)
|
10
|
33
|
45
|
47
|
67
|
48
|
47
|
50
|
31
|
|
Pre-Tax Income |
(1 661)
N/A
|
(2 146)
-29%
|
(1 795)
+16%
|
(1 194)
+33%
|
(208)
+83%
|
438
N/A
|
631
+44%
|
522
-17%
|
346
-34%
|
220
-36%
|
164
-25%
|
|
Net Income | ||||||||||||
Tax Provision |
231
|
240
|
221
|
95
|
(28)
|
(27)
|
(23)
|
31
|
22
|
14
|
(1)
|
|
Income from Continuing Operations |
(1 430)
|
(1 907)
|
(1 574)
|
(1 099)
|
(236)
|
410
|
608
|
552
|
367
|
234
|
164
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(1 673)
N/A
|
(2 150)
-29%
|
(1 726)
+20%
|
(1 141)
+34%
|
(236)
+79%
|
410
N/A
|
608
+48%
|
552
-9%
|
367
-34%
|
234
-36%
|
167
-29%
|
|
EPS (Diluted) |
-0.43
N/A
|
-0.55
-28%
|
-0.58
-5%
|
-0.29
+50%
|
-0.06
+79%
|
0.1
N/A
|
0.15
+50%
|
0.13
-13%
|
0.09
-31%
|
0.06
-33%
|
0.04
-33%
|