Shenzhen Hongtao Group Co Ltd
SZSE:002325
Income Statement
Earnings Waterfall
Shenzhen Hongtao Group Co Ltd
Revenue
|
644m
CNY
|
Cost of Revenue
|
-665.5m
CNY
|
Gross Profit
|
-21.5m
CNY
|
Operating Expenses
|
-604.5m
CNY
|
Operating Income
|
-626m
CNY
|
Other Expenses
|
-71.8m
CNY
|
Net Income
|
-697.7m
CNY
|
Income Statement
Shenzhen Hongtao Group Co Ltd
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 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 334
N/A
|
3 546
+6%
|
3 783
+7%
|
3 921
+4%
|
3 793
-3%
|
3 393
-11%
|
3 274
-3%
|
3 214
-2%
|
2 879
-10%
|
3 006
+4%
|
3 039
+1%
|
3 047
+0%
|
3 298
+8%
|
2 877
-13%
|
2 647
-8%
|
3 137
+18%
|
2 749
-12%
|
3 331
+21%
|
3 463
+4%
|
3 421
-1%
|
3 831
+12%
|
3 926
+2%
|
4 258
+8%
|
3 791
-11%
|
3 793
+0%
|
4 031
+6%
|
3 662
-9%
|
3 938
+8%
|
3 682
-7%
|
3 569
-3%
|
3 529
-1%
|
3 192
-10%
|
2 993
-6%
|
2 591
-13%
|
2 263
-13%
|
2 081
-8%
|
1 805
-13%
|
1 331
-26%
|
1 027
-23%
|
755
-27%
|
644
-15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 806)
|
(2 998)
|
(3 208)
|
(3 308)
|
(3 170)
|
(2 815)
|
(2 721)
|
(2 610)
|
(2 276)
|
(2 304)
|
(2 293)
|
(2 317)
|
(2 543)
|
(2 194)
|
(2 009)
|
(2 443)
|
(2 134)
|
(2 569)
|
(2 711)
|
(2 643)
|
(2 989)
|
(3 133)
|
(3 366)
|
(3 015)
|
(3 046)
|
(3 240)
|
(3 003)
|
(3 242)
|
(3 065)
|
(3 016)
|
(3 006)
|
(2 747)
|
(2 556)
|
(2 286)
|
(2 086)
|
(1 954)
|
(1 752)
|
(1 257)
|
(987)
|
(769)
|
(666)
|
|
Gross Profit |
528
N/A
|
548
+4%
|
575
+5%
|
613
+7%
|
623
+2%
|
578
-7%
|
553
-4%
|
605
+9%
|
604
0%
|
702
+16%
|
746
+6%
|
731
-2%
|
755
+3%
|
683
-10%
|
638
-7%
|
694
+9%
|
615
-11%
|
762
+24%
|
752
-1%
|
777
+3%
|
843
+8%
|
793
-6%
|
892
+12%
|
776
-13%
|
746
-4%
|
791
+6%
|
660
-17%
|
696
+6%
|
618
-11%
|
553
-11%
|
523
-5%
|
444
-15%
|
437
-2%
|
304
-30%
|
177
-42%
|
127
-28%
|
53
-58%
|
74
+39%
|
40
-46%
|
(14)
N/A
|
(22)
-51%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(181)
|
(210)
|
(212)
|
(232)
|
(229)
|
(220)
|
(191)
|
(229)
|
(244)
|
(293)
|
(337)
|
(364)
|
(405)
|
(457)
|
(474)
|
(506)
|
(474)
|
(490)
|
(485)
|
(498)
|
(550)
|
(769)
|
(1 130)
|
(1 044)
|
(988)
|
(547)
|
(511)
|
(555)
|
(607)
|
(621)
|
(644)
|
(596)
|
(483)
|
(457)
|
(476)
|
(485)
|
(572)
|
(636)
|
(682)
|
(638)
|
(604)
|
|
Selling, General & Administrative |
(129)
|
(200)
|
(147)
|
(158)
|
(158)
|
(200)
|
(162)
|
(195)
|
(221)
|
(274)
|
(298)
|
(330)
|
(363)
|
(428)
|
(394)
|
(402)
|
(397)
|
(444)
|
(454)
|
(439)
|
(474)
|
(590)
|
(395)
|
(365)
|
(284)
|
(381)
|
(431)
|
(472)
|
(532)
|
(422)
|
(482)
|
(451)
|
(364)
|
(309)
|
(351)
|
(324)
|
(394)
|
(520)
|
(501)
|
(490)
|
(513)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(111)
|
(137)
|
(157)
|
(191)
|
(90)
|
(89)
|
(86)
|
(81)
|
(94)
|
(102)
|
(100)
|
(86)
|
(75)
|
(77)
|
(81)
|
(80)
|
(46)
|
(40)
|
(30)
|
(20)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
(75)
|
0
|
0
|
0
|
(108)
|
0
|
0
|
0
|
(75)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(52)
|
(1)
|
(65)
|
(74)
|
(70)
|
(7)
|
(29)
|
(34)
|
(23)
|
5
|
(38)
|
(35)
|
(42)
|
(4)
|
(80)
|
(103)
|
(76)
|
(2)
|
(31)
|
(59)
|
(76)
|
1
|
(599)
|
(522)
|
(513)
|
(1)
|
10
|
2
|
5
|
3
|
(59)
|
(45)
|
(33)
|
3
|
(48)
|
(80)
|
(97)
|
(5)
|
(142)
|
(118)
|
(71)
|
|
Operating Income |
347
N/A
|
338
-3%
|
364
+8%
|
382
+5%
|
395
+3%
|
358
-9%
|
361
+1%
|
375
+4%
|
360
-4%
|
409
+14%
|
409
0%
|
367
-10%
|
349
-5%
|
226
-35%
|
164
-27%
|
188
+15%
|
141
-25%
|
273
+93%
|
267
-2%
|
280
+5%
|
293
+5%
|
24
-92%
|
(238)
N/A
|
(268)
-13%
|
(242)
+10%
|
244
N/A
|
149
-39%
|
141
-5%
|
11
-92%
|
(68)
N/A
|
(120)
-76%
|
(152)
-26%
|
(46)
+70%
|
(153)
-232%
|
(299)
-96%
|
(357)
-19%
|
(519)
-45%
|
(563)
-8%
|
(643)
-14%
|
(652)
-1%
|
(626)
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
3
|
1
|
(4)
|
(8)
|
(11)
|
(8)
|
(10)
|
(9)
|
(16)
|
(18)
|
(2)
|
(9)
|
(13)
|
(48)
|
(63)
|
(73)
|
(70)
|
(71)
|
(91)
|
(102)
|
(133)
|
(131)
|
(159)
|
(167)
|
(171)
|
(135)
|
(138)
|
(133)
|
(127)
|
(222)
|
(224)
|
(118)
|
(123)
|
(168)
|
(57)
|
(151)
|
(134)
|
(220)
|
(241)
|
(239)
|
(241)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(317)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(57)
|
1
|
1
|
3
|
84
|
0
|
(2)
|
(4)
|
(82)
|
0
|
0
|
(0)
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
2
|
3
|
3
|
2
|
1
|
1
|
5
|
4
|
5
|
5
|
3
|
17
|
14
|
15
|
17
|
4
|
10
|
7
|
5
|
23
|
19
|
18
|
18
|
(3)
|
(4)
|
(5)
|
(5)
|
(3)
|
(2)
|
0
|
(0)
|
(1)
|
11
|
10
|
11
|
11
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
351
N/A
|
341
-3%
|
362
+6%
|
376
+4%
|
386
+3%
|
351
-9%
|
353
+0%
|
371
+5%
|
348
-6%
|
412
+19%
|
412
0%
|
361
-12%
|
353
-2%
|
153
-57%
|
116
-24%
|
132
+14%
|
75
-43%
|
170
+127%
|
184
+8%
|
183
0%
|
184
+0%
|
(406)
N/A
|
(378)
+7%
|
(416)
-10%
|
(415)
+0%
|
91
N/A
|
6
-94%
|
3
-52%
|
(119)
N/A
|
(349)
-193%
|
(344)
+1%
|
(269)
+22%
|
(167)
+38%
|
(226)
-35%
|
(347)
-54%
|
(499)
-44%
|
(646)
-29%
|
(865)
-34%
|
(885)
-2%
|
(892)
-1%
|
(868)
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(89)
|
(61)
|
(56)
|
(53)
|
(47)
|
(57)
|
(59)
|
(62)
|
(54)
|
(70)
|
(72)
|
(64)
|
(69)
|
(34)
|
(29)
|
(34)
|
(23)
|
(42)
|
(51)
|
(50)
|
(51)
|
(13)
|
(13)
|
(6)
|
(2)
|
(11)
|
7
|
12
|
31
|
16
|
19
|
(16)
|
(45)
|
14
|
27
|
67
|
86
|
116
|
99
|
114
|
130
|
|
Income from Continuing Operations |
262
|
280
|
306
|
323
|
339
|
294
|
294
|
309
|
294
|
343
|
340
|
297
|
285
|
119
|
88
|
98
|
52
|
128
|
133
|
133
|
133
|
(419)
|
(390)
|
(422)
|
(417)
|
80
|
12
|
15
|
(89)
|
(333)
|
(324)
|
(285)
|
(212)
|
(211)
|
(320)
|
(433)
|
(560)
|
(749)
|
(786)
|
(777)
|
(738)
|
|
Income to Minority Interest |
0
|
0
|
0
|
(0)
|
0
|
1
|
4
|
3
|
5
|
15
|
14
|
22
|
24
|
12
|
11
|
11
|
5
|
9
|
10
|
11
|
11
|
(3)
|
(19)
|
(30)
|
(38)
|
(43)
|
(39)
|
(42)
|
(37)
|
(17)
|
(23)
|
(10)
|
(0)
|
(9)
|
11
|
7
|
3
|
39
|
38
|
41
|
40
|
|
Net Income (Common) |
262
N/A
|
280
+7%
|
306
+10%
|
322
+5%
|
339
+5%
|
295
-13%
|
297
+1%
|
312
+5%
|
298
-4%
|
358
+20%
|
354
-1%
|
319
-10%
|
309
-3%
|
131
-58%
|
99
-24%
|
109
+10%
|
56
-48%
|
137
+143%
|
143
+4%
|
144
+0%
|
143
0%
|
(422)
N/A
|
(409)
+3%
|
(453)
-11%
|
(456)
-1%
|
37
N/A
|
(27)
N/A
|
(27)
-1%
|
(126)
-367%
|
(350)
-178%
|
(347)
+1%
|
(295)
+15%
|
(213)
+28%
|
(220)
-3%
|
(308)
-40%
|
(426)
-38%
|
(557)
-31%
|
(710)
-28%
|
(748)
-5%
|
(736)
+2%
|
(698)
+5%
|
|
EPS (Diluted) |
0.25
N/A
|
0.27
+8%
|
0.3
+11%
|
0.31
+3%
|
0.28
-10%
|
0.27
-4%
|
0.25
-7%
|
0.25
N/A
|
0.24
-4%
|
0.31
+29%
|
0.3
-3%
|
0.28
-7%
|
0.27
-4%
|
0.11
-59%
|
0.08
-27%
|
0.08
N/A
|
0.04
-50%
|
0.11
+175%
|
0.12
+9%
|
0.12
N/A
|
0.12
N/A
|
-0.34
N/A
|
-0.32
+6%
|
-0.37
-16%
|
-0.36
+3%
|
0.03
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.09
-800%
|
-0.28
-211%
|
-0.28
N/A
|
-0.24
+14%
|
-0.13
+46%
|
-0.17
-31%
|
-0.2
-18%
|
-0.32
-60%
|
-0.33
-3%
|
-0.46
-39%
|
-0.45
+2%
|
-0.43
+4%
|
-0.41
+5%
|