Xueda Xiamen Education Technology Group Co Ltd
SZSE:000526
Income Statement
Earnings Waterfall
Xueda Xiamen Education Technology Group Co Ltd
Revenue
|
1.8B
CNY
|
Cost of Revenue
|
-1.3B
CNY
|
Gross Profit
|
533.8m
CNY
|
Operating Expenses
|
-398.8m
CNY
|
Operating Income
|
135m
CNY
|
Other Expenses
|
-120.2m
CNY
|
Net Income
|
14.8m
CNY
|
Income Statement
Xueda Xiamen Education Technology Group Co Ltd
Mar-2013 | Jun-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
67
N/A
|
65
-3%
|
8
-87%
|
10
+24%
|
8
-20%
|
10
+27%
|
15
+45%
|
19
+25%
|
23
+24%
|
26
+11%
|
26
N/A
|
25
-3%
|
25
+0%
|
233
+823%
|
825
+255%
|
1 307
+58%
|
2 009
+54%
|
2 715
+35%
|
2 772
+2%
|
2 812
+1%
|
2 826
+1%
|
2 840
+0%
|
2 872
+1%
|
2 893
+1%
|
2 929
+1%
|
2 926
0%
|
2 982
+2%
|
2 992
+0%
|
2 833
-5%
|
2 598
-8%
|
2 494
-4%
|
2 430
-3%
|
2 522
+4%
|
2 715
+8%
|
2 647
-3%
|
2 529
-4%
|
2 334
-8%
|
2 004
-14%
|
1 844
-8%
|
1 798
-3%
|
1 820
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(52)
|
(51)
|
(2)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(9)
|
(155)
|
(609)
|
(979)
|
(1 482)
|
(1 891)
|
(1 945)
|
(2 001)
|
(2 033)
|
(2 051)
|
(2 091)
|
(2 104)
|
(2 132)
|
(2 142)
|
(2 168)
|
(2 176)
|
(2 064)
|
(1 946)
|
(1 864)
|
(1 802)
|
(1 851)
|
(1 931)
|
(1 892)
|
(1 867)
|
(1 732)
|
(1 553)
|
(1 411)
|
(1 294)
|
(1 286)
|
|
Gross Profit |
16
N/A
|
15
-9%
|
7
-55%
|
7
+2%
|
5
-26%
|
7
+33%
|
10
+48%
|
13
+36%
|
16
+21%
|
17
+8%
|
17
-2%
|
16
-4%
|
16
-1%
|
77
+384%
|
216
+179%
|
328
+52%
|
526
+61%
|
825
+57%
|
827
+0%
|
811
-2%
|
793
-2%
|
790
0%
|
781
-1%
|
789
+1%
|
797
+1%
|
784
-2%
|
814
+4%
|
816
+0%
|
769
-6%
|
652
-15%
|
630
-3%
|
628
0%
|
670
+7%
|
784
+17%
|
754
-4%
|
662
-12%
|
602
-9%
|
452
-25%
|
433
-4%
|
504
+16%
|
534
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9)
|
(9)
|
(9)
|
(13)
|
(13)
|
(13)
|
(13)
|
(10)
|
(9)
|
(9)
|
(10)
|
(26)
|
(27)
|
(83)
|
(228)
|
(382)
|
(552)
|
(714)
|
(733)
|
(674)
|
(657)
|
(647)
|
(635)
|
(668)
|
(686)
|
(681)
|
(703)
|
(715)
|
(678)
|
(594)
|
(562)
|
(545)
|
(545)
|
(619)
|
(628)
|
(656)
|
(1 023)
|
(941)
|
(908)
|
(418)
|
(399)
|
|
Selling, General & Administrative |
(6)
|
(7)
|
(7)
|
(13)
|
(12)
|
(13)
|
(13)
|
(9)
|
(9)
|
(9)
|
(9)
|
(26)
|
(27)
|
(82)
|
(227)
|
(371)
|
(541)
|
(701)
|
(719)
|
(649)
|
(658)
|
(652)
|
(644)
|
(588)
|
(603)
|
(582)
|
(606)
|
(646)
|
(659)
|
(605)
|
(582)
|
(553)
|
(583)
|
(633)
|
(620)
|
(576)
|
(537)
|
(462)
|
(435)
|
(364)
|
(394)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(55)
|
(72)
|
(88)
|
0
|
(44)
|
(47)
|
(42)
|
(53)
|
(44)
|
(46)
|
(48)
|
(48)
|
(47)
|
(46)
|
(40)
|
(34)
|
(21)
|
(22)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(23)
|
0
|
|
Other Operating Expenses |
(3)
|
(3)
|
(2)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(11)
|
(12)
|
(14)
|
(7)
|
1
|
5
|
9
|
(4)
|
(12)
|
(12)
|
(97)
|
(4)
|
28
|
52
|
73
|
73
|
83
|
62
|
40
|
(11)
|
(440)
|
(440)
|
(438)
|
(11)
|
17
|
|
Operating Income |
7
N/A
|
5
-28%
|
(3)
N/A
|
(6)
-103%
|
(8)
-30%
|
(7)
+14%
|
(3)
+50%
|
4
N/A
|
7
+89%
|
8
+18%
|
7
-11%
|
(10)
N/A
|
(11)
-10%
|
(6)
+48%
|
(11)
-100%
|
(54)
-370%
|
(26)
+52%
|
111
N/A
|
94
-16%
|
136
+46%
|
136
0%
|
143
+5%
|
146
+2%
|
121
-17%
|
111
-9%
|
103
-7%
|
111
+8%
|
101
-9%
|
91
-10%
|
58
-36%
|
68
+17%
|
82
+21%
|
125
+52%
|
166
+32%
|
126
-24%
|
7
-95%
|
(420)
N/A
|
(490)
-16%
|
(474)
+3%
|
86
N/A
|
135
+57%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(12)
|
(32)
|
(50)
|
(63)
|
(71)
|
(64)
|
(55)
|
(60)
|
(59)
|
(57)
|
(45)
|
(62)
|
(67)
|
(71)
|
(53)
|
(64)
|
(63)
|
(57)
|
(1)
|
(20)
|
(19)
|
(27)
|
(51)
|
(87)
|
(84)
|
(83)
|
(39)
|
(75)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
0
|
1
|
0
|
(5)
|
0
|
(0)
|
0
|
(18)
|
0
|
0
|
(0)
|
(2)
|
0
|
(1)
|
(1)
|
(3)
|
0
|
(0)
|
1
|
(449)
|
16
|
17
|
19
|
10
|
13
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(2)
|
0
|
(3)
|
(1)
|
(0)
|
(4)
|
(7)
|
(9)
|
(8)
|
(8)
|
(5)
|
(3)
|
(4)
|
(3)
|
(5)
|
(5)
|
(4)
|
0
|
(4)
|
(5)
|
(8)
|
(18)
|
(26)
|
(26)
|
(24)
|
(3)
|
(10)
|
|
Pre-Tax Income |
7
N/A
|
5
-27%
|
(3)
N/A
|
(6)
-107%
|
(8)
-33%
|
(7)
+13%
|
(3)
+51%
|
4
N/A
|
7
+86%
|
8
+17%
|
7
-12%
|
(10)
N/A
|
(13)
-24%
|
(19)
-44%
|
(45)
-142%
|
(114)
-152%
|
(91)
+20%
|
38
N/A
|
27
-27%
|
73
+166%
|
68
-7%
|
75
+10%
|
81
+8%
|
51
-37%
|
44
-13%
|
33
-25%
|
36
+9%
|
43
+19%
|
22
-49%
|
(11)
N/A
|
6
N/A
|
78
+1 267%
|
101
+30%
|
142
+40%
|
93
-35%
|
(511)
N/A
|
(516)
-1%
|
(582)
-13%
|
(562)
+3%
|
54
N/A
|
63
+18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(9)
|
(8)
|
13
|
0
|
(27)
|
(29)
|
(50)
|
(51)
|
(52)
|
(54)
|
(41)
|
(36)
|
(31)
|
(30)
|
(31)
|
(27)
|
(26)
|
(26)
|
(35)
|
(38)
|
(33)
|
(37)
|
(28)
|
(26)
|
(19)
|
(12)
|
(45)
|
(52)
|
|
Income from Continuing Operations |
6
|
4
|
(3)
|
(7)
|
(9)
|
(8)
|
(4)
|
2
|
5
|
5
|
4
|
(14)
|
(16)
|
(27)
|
(53)
|
(101)
|
(91)
|
11
|
(1)
|
23
|
17
|
23
|
26
|
10
|
9
|
3
|
6
|
12
|
(5)
|
(37)
|
(20)
|
43
|
64
|
108
|
55
|
(539)
|
(542)
|
(602)
|
(575)
|
8
|
12
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
2
|
2
|
2
|
3
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
3
|
3
|
2
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
3
|
2
|
1
|
2
|
3
|
3
|
|
Net Income (Common) |
6
N/A
|
4
-38%
|
(3)
N/A
|
(7)
-97%
|
(9)
-27%
|
(8)
+12%
|
(4)
+41%
|
2
N/A
|
5
+130%
|
5
+17%
|
4
-24%
|
(14)
N/A
|
(16)
-17%
|
(27)
-72%
|
(52)
-90%
|
(99)
-90%
|
(89)
+10%
|
13
N/A
|
1
-95%
|
24
+3 967%
|
18
-25%
|
25
+37%
|
29
+16%
|
13
-55%
|
12
-5%
|
6
-52%
|
9
+43%
|
14
+62%
|
(5)
N/A
|
(36)
-691%
|
(20)
+46%
|
44
N/A
|
65
+49%
|
111
+70%
|
58
-48%
|
(536)
N/A
|
(540)
-1%
|
(600)
-11%
|
(573)
+5%
|
11
N/A
|
15
+36%
|
|
EPS (Diluted) |
0.06
N/A
|
0.04
-33%
|
-0.03
N/A
|
-0.07
-133%
|
-0.08
-14%
|
-0.07
+13%
|
-0.04
+43%
|
0.02
N/A
|
0.05
+150%
|
0.05
N/A
|
0.04
-20%
|
-0.14
N/A
|
-0.17
-21%
|
-0.28
-65%
|
-0.54
-93%
|
-1.03
-91%
|
-0.92
+11%
|
0.14
N/A
|
0.01
-93%
|
0.25
+2 400%
|
0.19
-24%
|
0.26
+37%
|
0.3
+15%
|
0.13
-57%
|
0.13
N/A
|
0.06
-54%
|
0.09
+50%
|
0.14
+56%
|
-0.05
N/A
|
-0.38
-660%
|
-0.21
+45%
|
0.45
N/A
|
0.55
+22%
|
0.95
+73%
|
0.49
-48%
|
-4.7
N/A
|
-4.58
+3%
|
-5.09
-11%
|
-4.86
+5%
|
0.09
N/A
|
0.13
+44%
|