Tangrenshen Group Co Ltd
SZSE:002567
Income Statement
Earnings Waterfall
Tangrenshen Group Co Ltd
Revenue
|
32.7B
CNY
|
Cost of Revenue
|
-32B
CNY
|
Gross Profit
|
726.7m
CNY
|
Operating Expenses
|
-1.9B
CNY
|
Operating Income
|
-1.2B
CNY
|
Other Expenses
|
-447.9m
CNY
|
Net Income
|
-1.6B
CNY
|
Income Statement
Tangrenshen Group Co Ltd
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 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
7 779
N/A
|
8 558
+10%
|
9 613
+12%
|
10 071
+5%
|
10 011
-1%
|
10 151
+1%
|
9 802
-3%
|
9 415
-4%
|
9 363
-1%
|
9 417
+1%
|
9 952
+6%
|
10 884
+9%
|
11 974
+10%
|
12 815
+7%
|
13 419
+5%
|
13 735
+2%
|
13 959
+2%
|
14 036
+1%
|
14 456
+3%
|
15 422
+7%
|
15 495
+0%
|
15 867
+2%
|
15 665
-1%
|
15 355
-2%
|
15 599
+2%
|
15 977
+2%
|
17 305
+8%
|
18 527
+7%
|
19 951
+8%
|
21 464
+8%
|
21 514
+0%
|
21 742
+1%
|
21 624
-1%
|
22 289
+3%
|
24 175
+8%
|
26 539
+10%
|
28 154
+6%
|
28 632
+2%
|
28 711
+0%
|
26 949
-6%
|
32 696
+21%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(7 049)
|
(7 781)
|
(8 744)
|
(9 155)
|
(9 108)
|
(9 225)
|
(8 901)
|
(8 502)
|
(8 428)
|
(8 444)
|
(8 951)
|
(9 852)
|
(10 883)
|
(11 640)
|
(12 163)
|
(12 308)
|
(12 548)
|
(12 676)
|
(13 090)
|
(14 171)
|
(14 258)
|
(14 545)
|
(14 325)
|
(13 886)
|
(13 895)
|
(14 065)
|
(15 089)
|
(16 055)
|
(17 353)
|
(19 029)
|
(19 733)
|
(20 751)
|
(20 807)
|
(21 419)
|
(22 549)
|
(24 669)
|
(26 214)
|
(27 029)
|
(27 633)
|
(26 587)
|
(31 969)
|
|
Gross Profit |
730
N/A
|
777
+6%
|
869
+12%
|
916
+5%
|
903
-1%
|
926
+3%
|
901
-3%
|
912
+1%
|
935
+3%
|
973
+4%
|
1 001
+3%
|
1 032
+3%
|
1 090
+6%
|
1 175
+8%
|
1 256
+7%
|
1 427
+14%
|
1 412
-1%
|
1 360
-4%
|
1 366
+0%
|
1 251
-8%
|
1 236
-1%
|
1 322
+7%
|
1 340
+1%
|
1 469
+10%
|
1 704
+16%
|
1 912
+12%
|
2 217
+16%
|
2 472
+12%
|
2 598
+5%
|
2 435
-6%
|
1 781
-27%
|
991
-44%
|
817
-18%
|
870
+7%
|
1 626
+87%
|
1 870
+15%
|
1 941
+4%
|
1 603
-17%
|
1 077
-33%
|
362
-66%
|
727
+101%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(601)
|
(637)
|
(684)
|
(682)
|
(663)
|
(665)
|
(658)
|
(658)
|
(674)
|
(692)
|
(706)
|
(726)
|
(755)
|
(788)
|
(829)
|
(939)
|
(930)
|
(934)
|
(975)
|
(926)
|
(995)
|
(1 046)
|
(1 040)
|
(1 049)
|
(1 096)
|
(1 121)
|
(1 238)
|
(1 208)
|
(1 368)
|
(1 540)
|
(1 698)
|
(1 557)
|
(2 109)
|
(2 040)
|
(1 994)
|
(1 413)
|
(1 629)
|
(1 661)
|
(1 599)
|
(1 533)
|
(1 909)
|
|
Selling, General & Administrative |
(592)
|
(627)
|
(673)
|
(645)
|
(656)
|
(660)
|
(651)
|
(624)
|
(658)
|
(675)
|
(691)
|
(682)
|
(742)
|
(779)
|
(820)
|
(894)
|
(909)
|
(906)
|
(912)
|
(792)
|
(839)
|
(842)
|
(819)
|
(837)
|
(888)
|
(920)
|
(1 044)
|
(962)
|
(1 080)
|
(1 167)
|
(1 230)
|
(1 229)
|
(1 292)
|
(1 298)
|
(1 290)
|
(1 173)
|
(1 355)
|
(1 403)
|
(1 411)
|
(1 268)
|
(1 672)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(34)
|
(93)
|
(69)
|
(121)
|
(144)
|
(154)
|
(169)
|
(165)
|
(152)
|
(196)
|
(198)
|
(225)
|
(225)
|
(251)
|
(296)
|
(296)
|
(355)
|
(132)
|
(235)
|
(162)
|
(91)
|
(124)
|
(148)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(129)
|
0
|
0
|
0
|
(148)
|
0
|
0
|
0
|
(177)
|
0
|
|
Other Operating Expenses |
(9)
|
(10)
|
(11)
|
(5)
|
(8)
|
(5)
|
(7)
|
(2)
|
(16)
|
(16)
|
(16)
|
(3)
|
(13)
|
(9)
|
(9)
|
3
|
(21)
|
(28)
|
(30)
|
9
|
(87)
|
(83)
|
(78)
|
11
|
(40)
|
(37)
|
(42)
|
27
|
(91)
|
(149)
|
(243)
|
52
|
(521)
|
(447)
|
(350)
|
40
|
(39)
|
(97)
|
(97)
|
36
|
(88)
|
|
Operating Income |
129
N/A
|
140
+8%
|
185
+33%
|
235
+27%
|
240
+2%
|
261
+9%
|
244
-7%
|
254
+4%
|
261
+3%
|
281
+7%
|
295
+5%
|
307
+4%
|
335
+9%
|
387
+16%
|
427
+10%
|
488
+14%
|
482
-1%
|
427
-11%
|
391
-8%
|
325
-17%
|
242
-26%
|
276
+14%
|
299
+8%
|
420
+40%
|
607
+45%
|
791
+30%
|
978
+24%
|
1 264
+29%
|
1 230
-3%
|
895
-27%
|
83
-91%
|
(566)
N/A
|
(1 292)
-128%
|
(1 170)
+9%
|
(368)
+69%
|
456
N/A
|
311
-32%
|
(58)
N/A
|
(521)
-801%
|
(1 171)
-125%
|
(1 182)
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(23)
|
(33)
|
(40)
|
(47)
|
(55)
|
(63)
|
(60)
|
(67)
|
(58)
|
(37)
|
(28)
|
(15)
|
(18)
|
(26)
|
(38)
|
(7)
|
(11)
|
2
|
9
|
(1)
|
(9)
|
(13)
|
(11)
|
(7)
|
(26)
|
(43)
|
(41)
|
(54)
|
(62)
|
(69)
|
(107)
|
(134)
|
(146)
|
(192)
|
(250)
|
(264)
|
(309)
|
(320)
|
(290)
|
(286)
|
(357)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(27)
|
(10)
|
(10)
|
(12)
|
(44)
|
(5)
|
(14)
|
7
|
(79)
|
23
|
35
|
26
|
(127)
|
16
|
(2)
|
(33)
|
(433)
|
(104)
|
(90)
|
(65)
|
(14)
|
13
|
4
|
(18)
|
(176)
|
(182)
|
|
Gain/Loss on Disposition of Assets |
(3)
|
0
|
(4)
|
(6)
|
(5)
|
0
|
(2)
|
(7)
|
0
|
(7)
|
(8)
|
0
|
(2)
|
(2)
|
(3)
|
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 |
61
|
62
|
57
|
7
|
15
|
13
|
30
|
32
|
16
|
20
|
6
|
8
|
8
|
8
|
7
|
(5)
|
(11)
|
(24)
|
(27)
|
(14)
|
(10)
|
(19)
|
(29)
|
(5)
|
(45)
|
(12)
|
(1)
|
13
|
(33)
|
(50)
|
(51)
|
(15)
|
(83)
|
(76)
|
(76)
|
(6)
|
(31)
|
(40)
|
(42)
|
5
|
(29)
|
|
Pre-Tax Income |
163
N/A
|
167
+3%
|
199
+19%
|
188
-6%
|
195
+4%
|
210
+8%
|
212
+1%
|
210
-1%
|
219
+4%
|
256
+17%
|
265
+4%
|
296
+12%
|
323
+9%
|
368
+14%
|
393
+7%
|
449
+14%
|
450
+0%
|
396
-12%
|
360
-9%
|
266
-26%
|
218
-18%
|
231
+6%
|
267
+16%
|
329
+23%
|
559
+70%
|
771
+38%
|
963
+25%
|
1 096
+14%
|
1 152
+5%
|
773
-33%
|
(108)
N/A
|
(1 147)
-965%
|
(1 625)
-42%
|
(1 528)
+6%
|
(759)
+50%
|
172
N/A
|
(16)
N/A
|
(414)
-2 499%
|
(872)
-110%
|
(1 629)
-87%
|
(1 750)
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(43)
|
(47)
|
(54)
|
(52)
|
(52)
|
(55)
|
(48)
|
(59)
|
(54)
|
(57)
|
(51)
|
(40)
|
(41)
|
(41)
|
(55)
|
(63)
|
(74)
|
(79)
|
(65)
|
(71)
|
(66)
|
(66)
|
(67)
|
(41)
|
(35)
|
(34)
|
(41)
|
(27)
|
(31)
|
(20)
|
(18)
|
(25)
|
(20)
|
(21)
|
(13)
|
(30)
|
(28)
|
(28)
|
(31)
|
(33)
|
(41)
|
|
Income from Continuing Operations |
120
|
120
|
145
|
136
|
144
|
155
|
164
|
152
|
165
|
198
|
215
|
256
|
282
|
327
|
338
|
386
|
376
|
317
|
295
|
195
|
151
|
165
|
199
|
288
|
524
|
737
|
921
|
1 069
|
1 120
|
752
|
(125)
|
(1 172)
|
(1 645)
|
(1 549)
|
(772)
|
143
|
(44)
|
(442)
|
(902)
|
(1 662)
|
(1 791)
|
|
Income to Minority Interest |
(3)
|
(11)
|
(38)
|
(55)
|
(61)
|
(72)
|
(73)
|
(70)
|
(76)
|
(73)
|
(65)
|
(55)
|
(49)
|
(55)
|
(59)
|
(75)
|
(76)
|
(74)
|
(71)
|
(58)
|
(54)
|
(53)
|
(59)
|
(86)
|
(114)
|
(148)
|
(142)
|
(118)
|
(104)
|
(58)
|
(28)
|
25
|
69
|
86
|
57
|
(8)
|
(12)
|
53
|
92
|
136
|
161
|
|
Net Income (Common) |
117
N/A
|
109
-7%
|
107
-2%
|
81
-24%
|
83
+2%
|
84
+1%
|
90
+8%
|
82
-9%
|
90
+10%
|
126
+40%
|
150
+19%
|
201
+34%
|
233
+16%
|
272
+17%
|
280
+3%
|
310
+11%
|
299
-3%
|
243
-19%
|
224
-8%
|
137
-39%
|
98
-29%
|
112
+14%
|
140
+25%
|
202
+45%
|
410
+103%
|
589
+44%
|
779
+32%
|
950
+22%
|
1 017
+7%
|
694
-32%
|
(154)
N/A
|
(1 147)
-647%
|
(1 576)
-37%
|
(1 463)
+7%
|
(716)
+51%
|
135
N/A
|
(56)
N/A
|
(389)
-596%
|
(810)
-108%
|
(1 526)
-88%
|
(1 630)
-7%
|
|
EPS (Diluted) |
0.18
N/A
|
0.16
-11%
|
0.17
+6%
|
0.13
-24%
|
0.13
N/A
|
0.13
N/A
|
0.14
+8%
|
0.13
-7%
|
0.13
N/A
|
0.18
+38%
|
0.2
+11%
|
0.27
+35%
|
0.28
+4%
|
0.35
+25%
|
0.35
N/A
|
0.39
+11%
|
0.36
-8%
|
0.29
-19%
|
0.27
-7%
|
0.17
-37%
|
0.12
-29%
|
0.14
+17%
|
0.17
+21%
|
0.24
+41%
|
0.5
+108%
|
0.71
+42%
|
0.8
+13%
|
1.07
+34%
|
0.96
-10%
|
0.57
-41%
|
-0.12
N/A
|
-1
-733%
|
-1.3
-30%
|
-1.21
+7%
|
-0.59
+51%
|
0.11
N/A
|
-0.04
N/A
|
-0.28
-600%
|
-0.57
-104%
|
-1.09
-91%
|
-1.13
-4%
|