Inspur Software Co Ltd
SSE:600756
Income Statement
Earnings Waterfall
Inspur Software Co Ltd
Revenue
|
2.2B
CNY
|
Cost of Revenue
|
-1.5B
CNY
|
Gross Profit
|
716.7m
CNY
|
Operating Expenses
|
-725.3m
CNY
|
Operating Income
|
-8.6m
CNY
|
Other Expenses
|
88.4m
CNY
|
Net Income
|
79.7m
CNY
|
Income Statement
Inspur Software Co Ltd
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | 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 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
810
N/A
|
876
+8%
|
870
-1%
|
881
+1%
|
1 045
+19%
|
1 085
+4%
|
1 118
+3%
|
1 146
+2%
|
1 103
-4%
|
1 230
+12%
|
1 167
-5%
|
1 175
+1%
|
1 208
+3%
|
1 368
+13%
|
1 490
+9%
|
1 459
-2%
|
1 437
-1%
|
1 302
-9%
|
1 218
-6%
|
1 242
+2%
|
1 226
-1%
|
1 213
-1%
|
1 253
+3%
|
1 315
+5%
|
1 349
+3%
|
1 456
+8%
|
1 450
0%
|
1 402
-3%
|
1 415
+1%
|
1 329
-6%
|
1 331
+0%
|
1 397
+5%
|
1 471
+5%
|
1 830
+24%
|
1 939
+6%
|
2 043
+5%
|
2 153
+5%
|
2 074
-4%
|
2 161
+4%
|
2 297
+6%
|
2 233
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(585)
|
(619)
|
(608)
|
(600)
|
(743)
|
(784)
|
(796)
|
(808)
|
(755)
|
(804)
|
(736)
|
(721)
|
(720)
|
(843)
|
(963)
|
(925)
|
(888)
|
(690)
|
(613)
|
(657)
|
(646)
|
(571)
|
(598)
|
(626)
|
(666)
|
(818)
|
(830)
|
(818)
|
(828)
|
(766)
|
(782)
|
(810)
|
(875)
|
(1 207)
|
(1 318)
|
(1 393)
|
(1 496)
|
(1 424)
|
(1 495)
|
(1 598)
|
(1 517)
|
|
Gross Profit |
226
N/A
|
257
+14%
|
262
+2%
|
281
+7%
|
303
+8%
|
302
0%
|
322
+7%
|
338
+5%
|
348
+3%
|
426
+23%
|
430
+1%
|
454
+5%
|
488
+8%
|
526
+8%
|
528
+0%
|
534
+1%
|
550
+3%
|
613
+11%
|
605
-1%
|
586
-3%
|
580
-1%
|
642
+11%
|
655
+2%
|
689
+5%
|
682
-1%
|
637
-7%
|
620
-3%
|
584
-6%
|
588
+1%
|
563
-4%
|
549
-3%
|
587
+7%
|
596
+2%
|
623
+4%
|
621
0%
|
650
+5%
|
657
+1%
|
651
-1%
|
667
+2%
|
699
+5%
|
717
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(241)
|
(255)
|
(258)
|
(278)
|
(298)
|
(338)
|
(355)
|
(374)
|
(395)
|
(412)
|
(412)
|
(437)
|
(447)
|
(500)
|
(503)
|
(521)
|
(556)
|
(585)
|
(601)
|
(626)
|
(658)
|
(696)
|
(716)
|
(731)
|
(710)
|
(666)
|
(650)
|
(639)
|
(636)
|
(682)
|
(657)
|
(670)
|
(670)
|
(656)
|
(679)
|
(699)
|
(698)
|
(688)
|
(695)
|
(700)
|
(725)
|
|
Selling, General & Administrative |
(234)
|
(255)
|
(251)
|
(270)
|
(291)
|
(337)
|
(338)
|
(360)
|
(379)
|
(380)
|
(407)
|
(433)
|
(442)
|
(458)
|
(489)
|
(500)
|
(491)
|
(535)
|
(548)
|
(578)
|
(570)
|
(361)
|
(452)
|
(397)
|
(406)
|
(423)
|
(432)
|
(426)
|
(420)
|
(441)
|
(439)
|
(452)
|
(444)
|
(426)
|
(430)
|
(439)
|
(442)
|
(448)
|
(452)
|
(458)
|
(476)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(79)
|
(262)
|
(254)
|
(323)
|
(308)
|
(209)
|
(252)
|
(247)
|
(249)
|
(175)
|
(233)
|
(237)
|
(245)
|
(180)
|
(245)
|
(251)
|
(252)
|
(207)
|
(270)
|
(269)
|
(272)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(80)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(6)
|
(0)
|
(6)
|
(8)
|
(8)
|
(0)
|
(17)
|
(14)
|
(15)
|
(0)
|
(5)
|
(4)
|
(5)
|
(0)
|
(14)
|
(20)
|
(17)
|
11
|
(54)
|
(48)
|
(9)
|
4
|
(10)
|
(11)
|
3
|
33
|
35
|
34
|
32
|
15
|
15
|
19
|
19
|
20
|
(5)
|
(10)
|
(4)
|
28
|
28
|
27
|
22
|
|
Operating Income |
(15)
N/A
|
2
N/A
|
4
+64%
|
4
-3%
|
4
+23%
|
(36)
N/A
|
(33)
+9%
|
(36)
-10%
|
(47)
-29%
|
15
N/A
|
19
+26%
|
17
-7%
|
41
+139%
|
25
-39%
|
26
+2%
|
13
-49%
|
(6)
N/A
|
28
N/A
|
4
-87%
|
(40)
N/A
|
(78)
-93%
|
(54)
+31%
|
(62)
-15%
|
(42)
+32%
|
(28)
+33%
|
(29)
-2%
|
(30)
-4%
|
(55)
-87%
|
(48)
+12%
|
(119)
-146%
|
(108)
+9%
|
(83)
+23%
|
(73)
+12%
|
(33)
+55%
|
(58)
-78%
|
(49)
+16%
|
(41)
+15%
|
(38)
+9%
|
(28)
+25%
|
(1)
+95%
|
(9)
-556%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
1
|
64
|
67
|
58
|
95
|
105
|
104
|
133
|
82
|
79
|
94
|
64
|
89
|
98
|
91
|
107
|
99
|
117
|
177
|
267
|
377
|
360
|
300
|
193
|
60
|
48
|
29
|
34
|
44
|
35
|
51
|
68
|
81
|
100
|
99
|
79
|
98
|
95
|
83
|
82
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(12)
|
(12)
|
(12)
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
11
|
9
|
11
|
9
|
12
|
15
|
17
|
16
|
16
|
10
|
8
|
7
|
4
|
12
|
10
|
9
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
0
|
(0)
|
|
Pre-Tax Income |
(5)
N/A
|
13
N/A
|
79
+524%
|
79
+0%
|
74
-6%
|
75
+0%
|
89
+19%
|
84
-5%
|
102
+22%
|
107
+5%
|
105
-2%
|
119
+13%
|
109
-8%
|
127
+16%
|
133
+5%
|
112
-16%
|
109
-3%
|
127
+17%
|
121
-5%
|
137
+13%
|
189
+38%
|
315
+66%
|
298
-5%
|
258
-13%
|
165
-36%
|
31
-81%
|
18
-41%
|
(26)
N/A
|
(15)
+44%
|
(87)
-492%
|
(86)
+1%
|
(45)
+47%
|
(18)
+60%
|
30
N/A
|
40
+34%
|
48
+19%
|
36
-25%
|
61
+69%
|
67
+11%
|
82
+22%
|
73
-11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(9)
|
(8)
|
(7)
|
(6)
|
3
|
3
|
3
|
4
|
(2)
|
(3)
|
(11)
|
(13)
|
(13)
|
(14)
|
(6)
|
(6)
|
(4)
|
(0)
|
0
|
5
|
(1)
|
(1)
|
(7)
|
(9)
|
(4)
|
(4)
|
(3)
|
(6)
|
1
|
2
|
(0)
|
1
|
12
|
11
|
11
|
10
|
3
|
(0)
|
3
|
6
|
|
Income from Continuing Operations |
(12)
|
4
|
70
|
72
|
68
|
77
|
91
|
87
|
106
|
106
|
102
|
108
|
96
|
113
|
119
|
106
|
103
|
123
|
121
|
138
|
194
|
314
|
297
|
252
|
156
|
27
|
14
|
(29)
|
(21)
|
(86)
|
(84)
|
(45)
|
(17)
|
42
|
51
|
59
|
46
|
64
|
67
|
85
|
79
|
|
Income to Minority Interest |
1
|
1
|
1
|
2
|
2
|
1
|
2
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
|
Net Income (Common) |
(11)
N/A
|
4
N/A
|
71
+1 600%
|
74
+3%
|
70
-5%
|
78
+12%
|
93
+19%
|
89
-5%
|
108
+22%
|
108
0%
|
103
-4%
|
109
+6%
|
98
-10%
|
116
+18%
|
121
+5%
|
108
-11%
|
104
-4%
|
124
+19%
|
121
-2%
|
138
+14%
|
194
+41%
|
314
+62%
|
297
-5%
|
252
-15%
|
156
-38%
|
28
-82%
|
14
-48%
|
(29)
N/A
|
(21)
+29%
|
(86)
-318%
|
(85)
+2%
|
(46)
+46%
|
(17)
+62%
|
42
N/A
|
51
+21%
|
59
+15%
|
46
-21%
|
64
+38%
|
68
+6%
|
86
+27%
|
80
-7%
|
|
EPS (Diluted) |
-0.05
N/A
|
0.02
N/A
|
0.25
+1 150%
|
0.26
+4%
|
0.25
-4%
|
0.28
+12%
|
0.33
+18%
|
0.32
-3%
|
0.39
+22%
|
0.39
N/A
|
0.37
-5%
|
0.33
-11%
|
0.3
-9%
|
0.36
+20%
|
0.36
N/A
|
0.33
-8%
|
0.32
-3%
|
0.38
+19%
|
0.37
-3%
|
0.43
+16%
|
0.6
+40%
|
0.97
+62%
|
0.92
-5%
|
0.78
-15%
|
0.49
-37%
|
0.09
-82%
|
0.05
-44%
|
-0.09
N/A
|
-0.07
+22%
|
-0.27
-286%
|
-0.27
N/A
|
-0.15
+44%
|
-0.06
+60%
|
0.13
N/A
|
0.16
+23%
|
0.18
+13%
|
0.14
-22%
|
0.2
+43%
|
0.21
+5%
|
0.26
+24%
|
0.25
-4%
|