CoCreation Grass Co Ltd
SSE:605099
Income Statement
Earnings Waterfall
CoCreation Grass Co Ltd
Revenue
|
2.4B
CNY
|
Cost of Revenue
|
-1.7B
CNY
|
Gross Profit
|
773.6m
CNY
|
Operating Expenses
|
-325.1m
CNY
|
Operating Income
|
448.5m
CNY
|
Other Expenses
|
-3.2m
CNY
|
Net Income
|
445.3m
CNY
|
Income Statement
CoCreation Grass Co Ltd
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 |
1 850
N/A
|
2 383
+29%
|
2 212
-7%
|
2 256
+2%
|
2 302
+2%
|
2 450
+6%
|
2 452
+0%
|
2 505
+2%
|
2 471
-1%
|
2 348
-5%
|
2 425
+3%
|
2 435
+0%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(1 172)
|
(1 550)
|
(1 478)
|
(1 573)
|
(1 668)
|
(1 822)
|
(1 833)
|
(1 860)
|
(1 777)
|
(1 635)
|
(1 671)
|
(1 661)
|
|
Gross Profit |
679
N/A
|
833
+23%
|
734
-12%
|
683
-7%
|
633
-7%
|
628
-1%
|
619
-2%
|
645
+4%
|
694
+8%
|
714
+3%
|
754
+6%
|
774
+3%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(204)
|
(246)
|
(224)
|
(232)
|
(247)
|
(250)
|
(266)
|
(278)
|
(300)
|
(301)
|
(322)
|
(325)
|
|
Selling, General & Administrative |
(159)
|
(201)
|
(186)
|
(188)
|
(173)
|
(193)
|
(196)
|
(202)
|
(204)
|
(219)
|
(233)
|
(237)
|
|
Research & Development |
(58)
|
(77)
|
(75)
|
(79)
|
(74)
|
(74)
|
(74)
|
(75)
|
(79)
|
(80)
|
(76)
|
(79)
|
|
Depreciation & Amortization |
(16)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
|
Other Operating Expenses |
29
|
32
|
36
|
35
|
23
|
17
|
3
|
(2)
|
8
|
(2)
|
(12)
|
(9)
|
|
Operating Income |
475
N/A
|
588
+24%
|
511
-13%
|
451
-12%
|
387
-14%
|
379
-2%
|
352
-7%
|
367
+4%
|
394
+7%
|
413
+5%
|
432
+5%
|
448
+4%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(30)
|
(26)
|
(30)
|
(4)
|
6
|
(3)
|
41
|
80
|
87
|
81
|
73
|
34
|
|
Non-Reccuring Items |
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Total Other Income |
(2)
|
(14)
|
(13)
|
(14)
|
(2)
|
(0)
|
0
|
1
|
2
|
1
|
2
|
1
|
|
Pre-Tax Income |
443
N/A
|
548
+24%
|
468
-15%
|
434
-7%
|
391
-10%
|
375
-4%
|
394
+5%
|
448
+14%
|
483
+8%
|
495
+2%
|
507
+2%
|
484
-4%
|
|
Net Income | |||||||||||||
Tax Provision |
(33)
|
(38)
|
(21)
|
(16)
|
(11)
|
(8)
|
(21)
|
(34)
|
(36)
|
(39)
|
(42)
|
(39)
|
|
Income from Continuing Operations |
411
|
510
|
447
|
418
|
380
|
367
|
373
|
414
|
447
|
455
|
465
|
445
|
|
Net Income (Common) |
411
N/A
|
510
+24%
|
447
-12%
|
418
-7%
|
380
-9%
|
367
-4%
|
373
+2%
|
414
+11%
|
447
+8%
|
455
+2%
|
465
+2%
|
445
-4%
|
|
EPS (Diluted) |
1.11
N/A
|
1.28
+15%
|
1.1
-14%
|
1.04
-5%
|
0.95
-9%
|
0.91
-4%
|
0.93
+2%
|
1.03
+11%
|
1.12
+9%
|
1.14
+2%
|
1.16
+2%
|
1.11
-4%
|