Square Technology Group Co Ltd
SSE:603339
Income Statement
Earnings Waterfall
Square Technology Group Co Ltd
Revenue
|
2.2B
CNY
|
Cost of Revenue
|
-1.7B
CNY
|
Gross Profit
|
560.4m
CNY
|
Operating Expenses
|
-192.5m
CNY
|
Operating Income
|
367.9m
CNY
|
Other Expenses
|
-34.3m
CNY
|
Net Income
|
333.6m
CNY
|
Income Statement
Square Technology Group Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
737
N/A
|
720
-2%
|
679
-6%
|
644
-5%
|
676
+5%
|
727
+8%
|
815
+12%
|
898
+10%
|
1 009
+12%
|
1 039
+3%
|
1 096
+5%
|
1 176
+7%
|
1 231
+5%
|
1 328
+8%
|
1 329
+0%
|
1 248
-6%
|
1 175
-6%
|
1 050
-11%
|
1 105
+5%
|
1 130
+2%
|
1 103
-2%
|
1 211
+10%
|
1 266
+5%
|
1 418
+12%
|
1 650
+16%
|
1 787
+8%
|
1 859
+4%
|
2 000
+8%
|
2 024
+1%
|
2 103
+4%
|
2 161
+3%
|
2 165
+0%
|
2 229
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(526)
|
(514)
|
(478)
|
(449)
|
(460)
|
(499)
|
(556)
|
(605)
|
(676)
|
(708)
|
(761)
|
(839)
|
(902)
|
(1 010)
|
(1 018)
|
(965)
|
(903)
|
(805)
|
(858)
|
(879)
|
(864)
|
(959)
|
(1 003)
|
(1 134)
|
(1 315)
|
(1 429)
|
(1 473)
|
(1 553)
|
(1 519)
|
(1 566)
|
(1 605)
|
(1 606)
|
(1 668)
|
|
Gross Profit |
211
N/A
|
207
-2%
|
201
-3%
|
195
-3%
|
216
+10%
|
228
+6%
|
259
+14%
|
293
+13%
|
333
+14%
|
331
-1%
|
335
+1%
|
337
+1%
|
329
-2%
|
318
-3%
|
312
-2%
|
283
-9%
|
272
-4%
|
245
-10%
|
247
+1%
|
251
+2%
|
239
-5%
|
251
+5%
|
263
+5%
|
283
+8%
|
335
+18%
|
358
+7%
|
386
+8%
|
447
+16%
|
506
+13%
|
537
+6%
|
556
+3%
|
559
+1%
|
560
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(87)
|
(81)
|
(82)
|
(81)
|
(87)
|
(86)
|
(101)
|
(111)
|
(129)
|
(127)
|
(131)
|
(135)
|
(135)
|
(138)
|
(133)
|
(132)
|
(132)
|
(118)
|
(115)
|
(109)
|
(134)
|
(129)
|
(133)
|
(139)
|
(158)
|
(162)
|
(162)
|
(177)
|
(175)
|
(173)
|
(181)
|
(179)
|
(192)
|
|
Selling, General & Administrative |
(58)
|
(79)
|
(81)
|
(80)
|
(55)
|
(87)
|
(102)
|
(105)
|
(83)
|
(104)
|
(110)
|
(116)
|
(90)
|
(111)
|
(96)
|
(89)
|
(79)
|
(81)
|
(72)
|
(67)
|
(67)
|
(72)
|
(72)
|
(73)
|
(78)
|
(85)
|
(87)
|
(93)
|
(81)
|
(88)
|
(94)
|
(96)
|
(95)
|
|
Research & Development |
(27)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
(10)
|
(49)
|
0
|
0
|
(31)
|
(48)
|
(42)
|
(54)
|
(55)
|
(45)
|
(48)
|
(52)
|
(50)
|
(57)
|
(63)
|
(67)
|
(71)
|
(68)
|
(75)
|
(74)
|
(81)
|
(82)
|
(90)
|
(93)
|
(92)
|
(93)
|
|
Depreciation & Amortization |
(3)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(19)
|
|
Other Operating Expenses |
(0)
|
(1)
|
(2)
|
(0)
|
(0)
|
1
|
1
|
4
|
9
|
(23)
|
(20)
|
13
|
15
|
15
|
17
|
12
|
7
|
11
|
9
|
8
|
7
|
6
|
7
|
6
|
3
|
(2)
|
(1)
|
(2)
|
5
|
5
|
6
|
9
|
14
|
|
Operating Income |
124
N/A
|
126
+2%
|
119
-6%
|
115
-3%
|
128
+12%
|
142
+11%
|
158
+11%
|
182
+15%
|
204
+12%
|
205
+0%
|
204
0%
|
203
-1%
|
194
-4%
|
180
-7%
|
179
-1%
|
151
-15%
|
140
-7%
|
127
-9%
|
132
+4%
|
142
+8%
|
106
-26%
|
122
+16%
|
130
+6%
|
145
+11%
|
177
+23%
|
196
+10%
|
224
+15%
|
270
+20%
|
331
+22%
|
364
+10%
|
375
+3%
|
380
+1%
|
368
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
4
|
5
|
5
|
12
|
13
|
6
|
2
|
(6)
|
(20)
|
11
|
28
|
22
|
43
|
14
|
1
|
5
|
4
|
6
|
9
|
13
|
9
|
11
|
12
|
13
|
10
|
38
|
43
|
11
|
11
|
(9)
|
(31)
|
8
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
17
|
16
|
16
|
17
|
5
|
4
|
3
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
1
|
6
|
2
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
1
|
1
|
3
|
|
Pre-Tax Income |
148
N/A
|
145
-2%
|
140
-4%
|
136
-2%
|
144
+6%
|
159
+10%
|
167
+5%
|
184
+10%
|
199
+8%
|
184
-7%
|
216
+17%
|
230
+7%
|
216
-6%
|
223
+3%
|
193
-13%
|
153
-21%
|
146
-5%
|
131
-10%
|
138
+6%
|
152
+10%
|
120
-22%
|
134
+12%
|
140
+5%
|
156
+11%
|
190
+22%
|
206
+8%
|
264
+29%
|
314
+19%
|
342
+9%
|
375
+10%
|
366
-2%
|
351
-4%
|
379
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(22)
|
(21)
|
(21)
|
(21)
|
(20)
|
(22)
|
(23)
|
(26)
|
(27)
|
(24)
|
(31)
|
(32)
|
(34)
|
(34)
|
(27)
|
(22)
|
(16)
|
(15)
|
(15)
|
(18)
|
(13)
|
(14)
|
(13)
|
(15)
|
(21)
|
(23)
|
(32)
|
(38)
|
(36)
|
(41)
|
(37)
|
(35)
|
(45)
|
|
Income from Continuing Operations |
126
|
124
|
119
|
115
|
124
|
137
|
144
|
159
|
172
|
160
|
185
|
199
|
182
|
189
|
166
|
131
|
130
|
116
|
123
|
134
|
106
|
119
|
127
|
141
|
169
|
183
|
232
|
276
|
306
|
334
|
329
|
316
|
334
|
|
Income to Minority Interest |
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
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
126
N/A
|
124
-1%
|
119
-4%
|
115
-3%
|
124
+8%
|
137
+10%
|
144
+5%
|
159
+10%
|
172
+9%
|
160
-7%
|
185
+15%
|
199
+8%
|
182
-8%
|
189
+4%
|
166
-12%
|
131
-21%
|
130
-1%
|
116
-11%
|
123
+6%
|
134
+9%
|
106
-21%
|
119
+12%
|
127
+6%
|
141
+11%
|
169
+20%
|
183
+8%
|
232
+27%
|
276
+19%
|
306
+11%
|
334
+9%
|
329
-2%
|
316
-4%
|
334
+6%
|
|
EPS (Diluted) |
0.55
N/A
|
0.54
-2%
|
0.48
-11%
|
0.37
-23%
|
0.45
+22%
|
0.44
-2%
|
0.47
+7%
|
0.51
+9%
|
0.56
+10%
|
0.51
-9%
|
0.59
+16%
|
0.64
+8%
|
0.58
-9%
|
0.61
+5%
|
0.54
-11%
|
0.42
-22%
|
0.41
-2%
|
0.37
-10%
|
0.39
+5%
|
0.64
+64%
|
0.34
-47%
|
0.38
+12%
|
0.41
+8%
|
0.45
+10%
|
0.55
+22%
|
0.59
+7%
|
0.75
+27%
|
0.89
+19%
|
0.99
+11%
|
1.08
+9%
|
1.06
-2%
|
1.02
-4%
|
1.08
+6%
|