Tianfeng Securities Co Ltd
SSE:601162
Income Statement
Earnings Waterfall
Tianfeng Securities Co Ltd
Revenue
|
2.5B
CNY
|
Operating Expenses
|
-3.1B
CNY
|
Operating Income
|
-579.7m
CNY
|
Other Expenses
|
-556.9m
CNY
|
Net Income
|
-1.1B
CNY
|
Income Statement
Tianfeng Securities Co Ltd
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 |
2 814
N/A
|
3 349
+19%
|
3 641
+9%
|
3 684
+1%
|
3 747
+2%
|
4 009
+7%
|
3 650
-9%
|
4 086
+12%
|
4 806
+18%
|
4 733
-2%
|
4 167
-12%
|
3 899
-6%
|
3 824
-2%
|
4 897
+28%
|
4 097
-16%
|
3 913
-5%
|
3 317
-15%
|
2 000
-40%
|
2 757
+38%
|
2 752
0%
|
2 491
-9%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
0
|
(110)
|
0
|
0
|
0
|
(175)
|
0
|
0
|
0
|
(401)
|
0
|
0
|
0
|
(477)
|
0
|
0
|
0
|
(278)
|
0
|
0
|
0
|
|
Gross Profit |
0
N/A
|
3 238
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3 834
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
4 332
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
4 421
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1 722
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(2 334)
|
(2 862)
|
(3 100)
|
(3 330)
|
(3 387)
|
(3 448)
|
(3 319)
|
(3 287)
|
(3 633)
|
(3 357)
|
(3 379)
|
(3 312)
|
(3 273)
|
(3 805)
|
(3 675)
|
(3 549)
|
(3 314)
|
(3 236)
|
(3 173)
|
(3 150)
|
(3 071)
|
|
Selling, General & Administrative |
(1 981)
|
(2 021)
|
(2 291)
|
(2 525)
|
(2 577)
|
(2 834)
|
(2 881)
|
(2 994)
|
(3 274)
|
(2 988)
|
(3 160)
|
(3 093)
|
(3 189)
|
(3 574)
|
(3 662)
|
(3 533)
|
(3 292)
|
(2 954)
|
(3 142)
|
(3 117)
|
(3 040)
|
|
Depreciation & Amortization |
0
|
(88)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(196)
|
0
|
0
|
0
|
(226)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(353)
|
(753)
|
(808)
|
(805)
|
(810)
|
(558)
|
(439)
|
(293)
|
(360)
|
(309)
|
(219)
|
(219)
|
(83)
|
(36)
|
(13)
|
(15)
|
(22)
|
(56)
|
(31)
|
(32)
|
(31)
|
|
Operating Income |
480
N/A
|
377
-21%
|
542
+44%
|
354
-35%
|
361
+2%
|
386
+7%
|
331
-14%
|
799
+141%
|
1 172
+47%
|
976
-17%
|
788
-19%
|
587
-25%
|
552
-6%
|
616
+12%
|
422
-31%
|
364
-14%
|
2
-99%
|
(1 514)
N/A
|
(416)
+73%
|
(398)
+4%
|
(580)
-46%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Non-Reccuring Items |
0
|
11
|
2
|
3
|
5
|
13
|
4
|
7
|
11
|
(127)
|
30
|
86
|
89
|
23
|
(101)
|
(217)
|
(252)
|
(402)
|
(671)
|
(696)
|
(697)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
41
|
41
|
29
|
50
|
52
|
64
|
46
|
4
|
47
|
40
|
41
|
97
|
59
|
63
|
65
|
50
|
53
|
41
|
144
|
112
|
75
|
|
Pre-Tax Income |
521
N/A
|
429
-18%
|
573
+34%
|
407
-29%
|
418
+3%
|
462
+11%
|
382
-17%
|
809
+112%
|
1 229
+52%
|
888
-28%
|
860
-3%
|
770
-10%
|
700
-9%
|
702
+0%
|
386
-45%
|
198
-49%
|
(197)
N/A
|
(1 876)
-850%
|
(943)
+50%
|
(981)
-4%
|
(1 201)
-22%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(123)
|
(112)
|
(115)
|
(70)
|
(69)
|
(41)
|
(32)
|
(66)
|
(75)
|
(200)
|
(184)
|
(226)
|
(277)
|
(104)
|
21
|
66
|
138
|
421
|
151
|
165
|
247
|
|
Income from Continuing Operations |
397
|
317
|
458
|
338
|
348
|
421
|
349
|
743
|
1 154
|
688
|
676
|
544
|
423
|
598
|
407
|
264
|
(59)
|
(1 456)
|
(792)
|
(816)
|
(954)
|
|
Income to Minority Interest |
(7)
|
(14)
|
(117)
|
(99)
|
(116)
|
(113)
|
(90)
|
(199)
|
(338)
|
(233)
|
(212)
|
(164)
|
(36)
|
(11)
|
6
|
44
|
63
|
(53)
|
(85)
|
(193)
|
(183)
|
|
Net Income (Common) |
391
N/A
|
303
-22%
|
341
+13%
|
239
-30%
|
233
-3%
|
308
+32%
|
260
-16%
|
545
+110%
|
816
+50%
|
455
-44%
|
463
+2%
|
380
-18%
|
387
+2%
|
586
+51%
|
413
-30%
|
308
-25%
|
4
-99%
|
(1 509)
N/A
|
(877)
+42%
|
(1 009)
-15%
|
(1 137)
-13%
|
|
EPS (Diluted) |
0.09
N/A
|
0.06
-33%
|
0.06
N/A
|
0.05
-17%
|
0.04
-20%
|
0.05
+25%
|
0.05
N/A
|
0.09
+80%
|
0.14
+56%
|
0.07
-50%
|
0.08
+14%
|
0.05
-38%
|
0.05
N/A
|
0.07
+40%
|
0.05
-29%
|
0.04
-20%
|
0
N/A
|
-0.17
N/A
|
-0.1
+41%
|
-0.12
-20%
|
-0.13
-8%
|