Wencan Group Co Ltd
SSE:603348
Income Statement
Earnings Waterfall
Wencan Group Co Ltd
Revenue
|
5.2B
CNY
|
Cost of Revenue
|
-4.4B
CNY
|
Gross Profit
|
744.1m
CNY
|
Operating Expenses
|
-591.4m
CNY
|
Operating Income
|
152.7m
CNY
|
Other Expenses
|
-124.1m
CNY
|
Net Income
|
28.6m
CNY
|
Income Statement
Wencan Group Co Ltd
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 |
1 557
N/A
|
1 598
+3%
|
1 600
+0%
|
1 685
+5%
|
1 620
-4%
|
1 657
+2%
|
1 594
-4%
|
1 511
-5%
|
1 538
+2%
|
1 410
-8%
|
1 443
+2%
|
1 909
+32%
|
2 603
+36%
|
3 395
+30%
|
3 991
+18%
|
4 111
+3%
|
4 112
+0%
|
4 305
+5%
|
4 521
+5%
|
5 035
+11%
|
5 230
+4%
|
5 258
+1%
|
5 349
+2%
|
5 161
-4%
|
|
Gross Profit | |||||||||||||||||||||||||
Cost of Revenue |
(1 162)
|
(1 188)
|
(1 184)
|
(1 220)
|
(1 210)
|
(1 231)
|
(1 201)
|
(1 167)
|
(1 200)
|
(1 089)
|
(1 092)
|
(1 450)
|
(2 030)
|
(2 654)
|
(3 182)
|
(3 345)
|
(3 435)
|
(3 554)
|
(3 736)
|
(4 093)
|
(4 322)
|
(4 377)
|
(4 520)
|
(4 417)
|
|
Gross Profit |
395
N/A
|
411
+4%
|
416
+1%
|
465
+12%
|
411
-12%
|
426
+4%
|
393
-8%
|
344
-12%
|
338
-2%
|
321
-5%
|
350
+9%
|
460
+31%
|
572
+24%
|
742
+30%
|
808
+9%
|
766
-5%
|
677
-12%
|
750
+11%
|
786
+5%
|
942
+20%
|
908
-4%
|
882
-3%
|
829
-6%
|
744
-10%
|
|
Operating Income | |||||||||||||||||||||||||
Operating Expenses |
(200)
|
(205)
|
(216)
|
(236)
|
(233)
|
(251)
|
(248)
|
(239)
|
(231)
|
(238)
|
(239)
|
(298)
|
(372)
|
(482)
|
(547)
|
(563)
|
(477)
|
(517)
|
(513)
|
(528)
|
(524)
|
(588)
|
(584)
|
(591)
|
|
Selling, General & Administrative |
(145)
|
(224)
|
(231)
|
(238)
|
(167)
|
(170)
|
(151)
|
(152)
|
(175)
|
(153)
|
(164)
|
(208)
|
(277)
|
(346)
|
(388)
|
(392)
|
(356)
|
(334)
|
(330)
|
(341)
|
(367)
|
(385)
|
(384)
|
(394)
|
|
Research & Development |
(65)
|
0
|
0
|
(18)
|
(72)
|
(54)
|
(69)
|
(65)
|
(63)
|
(57)
|
(55)
|
(65)
|
(84)
|
(103)
|
(121)
|
(124)
|
(120)
|
(122)
|
(128)
|
(141)
|
(160)
|
(166)
|
(163)
|
(162)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
|
Other Operating Expenses |
9
|
19
|
14
|
20
|
6
|
(27)
|
(29)
|
(21)
|
7
|
(29)
|
(21)
|
(25)
|
13
|
(33)
|
(38)
|
(47)
|
23
|
(60)
|
(55)
|
(46)
|
22
|
(38)
|
(38)
|
(35)
|
|
Operating Income |
195
N/A
|
206
+6%
|
200
-3%
|
229
+15%
|
178
-22%
|
175
-2%
|
144
-18%
|
105
-27%
|
107
+2%
|
83
-23%
|
111
+34%
|
162
+46%
|
201
+24%
|
260
+30%
|
262
+1%
|
203
-22%
|
200
-1%
|
234
+17%
|
273
+17%
|
414
+52%
|
384
-7%
|
293
-24%
|
245
-16%
|
153
-38%
|
|
Pre-Tax Income | |||||||||||||||||||||||||
Interest Income Expense |
(15)
|
(19)
|
(35)
|
(41)
|
(37)
|
(42)
|
(32)
|
(33)
|
(30)
|
(33)
|
(32)
|
(40)
|
(60)
|
(76)
|
(84)
|
(88)
|
(80)
|
(81)
|
(81)
|
(74)
|
(69)
|
(70)
|
(69)
|
(78)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(8)
|
(5)
|
(6)
|
(6)
|
(7)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(4)
|
(8)
|
(1)
|
(12)
|
(10)
|
(6)
|
(1)
|
(8)
|
(8)
|
(8)
|
(49)
|
(54)
|
(55)
|
(57)
|
|
Pre-Tax Income |
177
N/A
|
185
+4%
|
165
-11%
|
188
+14%
|
141
-25%
|
133
-6%
|
112
-16%
|
72
-36%
|
77
+7%
|
49
-36%
|
76
+54%
|
114
+51%
|
121
+6%
|
168
+39%
|
162
-3%
|
103
-37%
|
106
+3%
|
143
+35%
|
183
+28%
|
332
+82%
|
264
-21%
|
168
-36%
|
120
-29%
|
16
-86%
|
|
Net Income | |||||||||||||||||||||||||
Tax Provision |
(22)
|
(22)
|
(20)
|
(23)
|
(15)
|
(15)
|
(9)
|
(5)
|
(6)
|
(2)
|
(8)
|
(12)
|
(31)
|
(38)
|
(33)
|
(22)
|
(9)
|
(17)
|
(23)
|
(45)
|
(26)
|
(7)
|
(4)
|
12
|
|
Income from Continuing Operations |
155
|
163
|
145
|
165
|
125
|
118
|
103
|
67
|
71
|
47
|
68
|
102
|
90
|
130
|
129
|
81
|
97
|
126
|
160
|
287
|
238
|
161
|
115
|
29
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(6)
|
(6)
|
(6)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
155
N/A
|
163
+5%
|
145
-11%
|
165
+14%
|
125
-24%
|
118
-6%
|
103
-13%
|
67
-34%
|
71
+5%
|
47
-34%
|
68
+45%
|
98
+44%
|
84
-14%
|
124
+48%
|
123
-1%
|
79
-36%
|
97
+24%
|
126
+30%
|
160
+27%
|
287
+79%
|
238
-17%
|
161
-32%
|
115
-28%
|
29
-75%
|
|
EPS (Diluted) |
0.94
N/A
|
0.98
+4%
|
0.65
-34%
|
0.75
+15%
|
0.57
-24%
|
0.53
-7%
|
0.46
-13%
|
0.3
-35%
|
0.32
+7%
|
0.21
-34%
|
0.27
+29%
|
0.36
+33%
|
0.36
N/A
|
0.48
+33%
|
0.49
+2%
|
0.31
-37%
|
0.38
+23%
|
0.5
+32%
|
0.57
+14%
|
0.91
+60%
|
0.91
N/A
|
0.63
-31%
|
0.38
-40%
|
0.11
-71%
|