Fujian Rongji Software Co Ltd
SZSE:002474
Income Statement
Earnings Waterfall
Fujian Rongji Software Co Ltd
Revenue
|
585.3m
CNY
|
Cost of Revenue
|
-450.1m
CNY
|
Gross Profit
|
135.3m
CNY
|
Operating Expenses
|
-227.8m
CNY
|
Operating Income
|
-92.5m
CNY
|
Other Expenses
|
25.3m
CNY
|
Net Income
|
-67.2m
CNY
|
Income Statement
Fujian Rongji Software 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 |
564
N/A
|
603
+7%
|
599
-1%
|
571
-5%
|
597
+4%
|
598
+0%
|
560
-6%
|
572
+2%
|
584
+2%
|
624
+7%
|
645
+3%
|
658
+2%
|
642
-2%
|
703
+9%
|
741
+5%
|
735
-1%
|
761
+4%
|
742
-2%
|
753
+1%
|
790
+5%
|
765
-3%
|
813
+6%
|
800
-2%
|
786
-2%
|
777
-1%
|
727
-6%
|
663
-9%
|
661
0%
|
702
+6%
|
731
+4%
|
805
+10%
|
802
0%
|
761
-5%
|
717
-6%
|
694
-3%
|
660
-5%
|
654
-1%
|
666
+2%
|
585
-12%
|
649
+11%
|
585
-10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(339)
|
(412)
|
(411)
|
(391)
|
(414)
|
(425)
|
(392)
|
(394)
|
(408)
|
(418)
|
(441)
|
(464)
|
(444)
|
(475)
|
(514)
|
(504)
|
(511)
|
(497)
|
(507)
|
(553)
|
(533)
|
(547)
|
(532)
|
(514)
|
(504)
|
(456)
|
(425)
|
(407)
|
(448)
|
(464)
|
(499)
|
(515)
|
(471)
|
(456)
|
(457)
|
(418)
|
(408)
|
(449)
|
(411)
|
(469)
|
(450)
|
|
Gross Profit |
226
N/A
|
191
-15%
|
188
-1%
|
181
-4%
|
183
+1%
|
173
-6%
|
168
-3%
|
178
+6%
|
176
-1%
|
206
+17%
|
204
-1%
|
194
-5%
|
199
+3%
|
228
+14%
|
227
0%
|
231
+2%
|
250
+8%
|
245
-2%
|
246
+1%
|
236
-4%
|
232
-2%
|
266
+15%
|
268
+1%
|
272
+1%
|
273
+1%
|
271
-1%
|
238
-12%
|
255
+7%
|
253
-1%
|
267
+5%
|
306
+15%
|
287
-6%
|
290
+1%
|
261
-10%
|
237
-9%
|
243
+2%
|
246
+2%
|
216
-12%
|
174
-20%
|
179
+3%
|
135
-25%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(149)
|
(174)
|
(184)
|
(191)
|
(200)
|
(203)
|
(199)
|
(210)
|
(210)
|
(232)
|
(228)
|
(224)
|
(230)
|
(247)
|
(233)
|
(227)
|
(246)
|
(224)
|
(231)
|
(225)
|
(214)
|
(219)
|
(243)
|
(250)
|
(251)
|
(219)
|
(223)
|
(226)
|
(216)
|
(199)
|
(229)
|
(222)
|
(223)
|
(212)
|
(195)
|
(204)
|
(215)
|
(205)
|
(203)
|
(239)
|
(228)
|
|
Selling, General & Administrative |
(150)
|
(106)
|
(181)
|
(186)
|
(197)
|
(128)
|
(194)
|
(205)
|
(204)
|
(137)
|
(225)
|
(223)
|
(228)
|
(145)
|
(228)
|
(228)
|
(219)
|
(142)
|
(203)
|
(201)
|
(203)
|
(146)
|
(158)
|
(138)
|
(130)
|
(143)
|
(134)
|
(125)
|
(124)
|
(124)
|
(132)
|
(140)
|
(139)
|
(127)
|
(129)
|
(125)
|
(125)
|
(126)
|
(135)
|
(178)
|
(180)
|
|
Research & Development |
0
|
(38)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
(28)
|
(64)
|
0
|
0
|
(19)
|
(77)
|
(101)
|
(126)
|
(133)
|
(70)
|
(104)
|
(116)
|
(112)
|
(64)
|
(118)
|
(100)
|
(99)
|
(52)
|
(81)
|
(93)
|
(101)
|
(44)
|
(88)
|
(86)
|
(75)
|
|
Depreciation & Amortization |
0
|
(30)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
|
Other Operating Expenses |
1
|
(0)
|
(3)
|
(6)
|
(4)
|
(0)
|
(5)
|
(5)
|
(6)
|
(0)
|
(3)
|
(1)
|
(2)
|
(11)
|
(4)
|
1
|
0
|
17
|
(29)
|
(24)
|
8
|
41
|
16
|
14
|
11
|
33
|
15
|
15
|
21
|
38
|
21
|
18
|
15
|
19
|
14
|
14
|
11
|
18
|
20
|
24
|
27
|
|
Operating Income |
77
N/A
|
18
-77%
|
5
-73%
|
(11)
N/A
|
(17)
-60%
|
(30)
-77%
|
(31)
-4%
|
(32)
-3%
|
(34)
-5%
|
(26)
+22%
|
(24)
+11%
|
(31)
-30%
|
(31)
-1%
|
(19)
+39%
|
(6)
+69%
|
4
N/A
|
4
-3%
|
21
+486%
|
15
-28%
|
12
-23%
|
18
+54%
|
47
+159%
|
25
-47%
|
22
-12%
|
22
+1%
|
52
+137%
|
15
-72%
|
28
+95%
|
38
+32%
|
68
+80%
|
77
+14%
|
64
-16%
|
67
+4%
|
49
-26%
|
42
-16%
|
38
-8%
|
31
-18%
|
12
-63%
|
(29)
N/A
|
(60)
-107%
|
(92)
-53%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
32
|
40
|
41
|
45
|
45
|
43
|
37
|
31
|
28
|
32
|
28
|
28
|
28
|
32
|
21
|
18
|
20
|
12
|
27
|
31
|
25
|
(13)
|
7
|
7
|
6
|
(19)
|
(5)
|
(9)
|
(7)
|
(18)
|
(3)
|
(6)
|
(11)
|
(12)
|
(8)
|
(6)
|
(6)
|
(2)
|
(1)
|
2
|
3
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
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 |
2
|
14
|
15
|
14
|
13
|
11
|
10
|
10
|
9
|
10
|
9
|
9
|
9
|
9
|
9
|
4
|
3
|
0
|
(5)
|
(2)
|
(6)
|
0
|
0
|
0
|
3
|
23
|
23
|
23
|
23
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
111
N/A
|
70
-37%
|
61
-14%
|
48
-20%
|
41
-16%
|
24
-40%
|
15
-37%
|
9
-44%
|
3
-63%
|
15
+359%
|
13
-10%
|
7
-47%
|
6
-15%
|
21
+257%
|
25
+14%
|
25
+3%
|
27
+8%
|
32
+19%
|
37
+15%
|
41
+9%
|
37
-8%
|
32
-16%
|
31
-1%
|
28
-10%
|
31
+10%
|
56
+82%
|
33
-41%
|
42
+29%
|
53
+25%
|
50
-6%
|
74
+48%
|
58
-21%
|
56
-4%
|
37
-35%
|
33
-9%
|
32
-5%
|
25
-22%
|
10
-61%
|
(30)
N/A
|
(59)
-95%
|
(89)
-52%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(8)
|
(4)
|
1
|
(1)
|
(2)
|
1
|
(4)
|
(2)
|
1
|
0
|
4
|
4
|
4
|
5
|
4
|
4
|
(1)
|
(3)
|
(5)
|
(2)
|
(2)
|
(2)
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(3)
|
(2)
|
(4)
|
(3)
|
(3)
|
(6)
|
(6)
|
(7)
|
(5)
|
2
|
5
|
16
|
19
|
|
Income from Continuing Operations |
107
|
63
|
57
|
49
|
40
|
22
|
16
|
5
|
1
|
16
|
13
|
11
|
10
|
25
|
29
|
30
|
31
|
31
|
35
|
36
|
35
|
30
|
30
|
28
|
30
|
54
|
32
|
41
|
50
|
48
|
70
|
56
|
53
|
30
|
28
|
24
|
20
|
12
|
(26)
|
(42)
|
(70)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
1
|
2
|
2
|
(0)
|
(0)
|
(0)
|
(1)
|
1
|
2
|
1
|
3
|
4
|
4
|
(1)
|
(3)
|
(4)
|
(4)
|
0
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
2
|
1
|
2
|
3
|
|
Net Income (Common) |
107
N/A
|
63
-41%
|
57
-10%
|
49
-13%
|
40
-19%
|
22
-44%
|
16
-28%
|
5
-69%
|
2
-67%
|
16
+888%
|
14
-9%
|
12
-14%
|
13
+1%
|
25
+98%
|
29
+18%
|
30
+1%
|
30
+1%
|
33
+10%
|
37
+11%
|
37
+2%
|
38
+2%
|
33
-12%
|
33
0%
|
28
-17%
|
27
-3%
|
50
+86%
|
27
-45%
|
42
+52%
|
52
+25%
|
50
-4%
|
72
+44%
|
57
-21%
|
53
-6%
|
30
-44%
|
27
-9%
|
24
-13%
|
19
-21%
|
13
-29%
|
(25)
N/A
|
(41)
-64%
|
(67)
-64%
|
|
EPS (Diluted) |
0.17
N/A
|
0.1
-41%
|
0.09
-10%
|
0.08
-11%
|
0.06
-25%
|
0.04
-33%
|
0.02
-50%
|
0
N/A
|
0
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.04
+33%
|
0.06
+50%
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|
0.08
+100%
|
0.05
-38%
|
0.07
+40%
|
0.08
+14%
|
0.08
N/A
|
0.11
+38%
|
0.09
-18%
|
0.08
-11%
|
0.05
-38%
|
0.04
-20%
|
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
-0.04
N/A
|
-0.07
-75%
|
-0.11
-57%
|