Global Top E-Commerce Co Ltd
SZSE:002640
Income Statement
Earnings Waterfall
Global Top E-Commerce Co Ltd
Revenue
|
6.6B
CNY
|
Cost of Revenue
|
-5.9B
CNY
|
Gross Profit
|
744.8m
CNY
|
Operating Expenses
|
-635.1m
CNY
|
Operating Income
|
109.6m
CNY
|
Other Expenses
|
-119.3m
CNY
|
Net Income
|
-9.7m
CNY
|
Income Statement
Global Top E-Commerce Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
446
N/A
|
449
+1%
|
455
+1%
|
425
-7%
|
842
+98%
|
1 334
+58%
|
1 847
+38%
|
2 675
+45%
|
3 961
+48%
|
5 143
+30%
|
6 197
+20%
|
7 366
+19%
|
8 537
+16%
|
9 429
+10%
|
10 670
+13%
|
11 752
+10%
|
14 018
+19%
|
15 989
+14%
|
18 321
+15%
|
21 068
+15%
|
21 534
+2%
|
21 635
+0%
|
20 629
-5%
|
19 716
-4%
|
17 874
-9%
|
17 648
-1%
|
17 992
+2%
|
16 881
-6%
|
17 021
+1%
|
15 636
-8%
|
13 532
-13%
|
11 074
-18%
|
8 818
-20%
|
6 672
-24%
|
6 113
-8%
|
6 396
+5%
|
7 254
+13%
|
7 375
+2%
|
7 341
0%
|
7 170
-2%
|
6 616
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(244)
|
(247)
|
(256)
|
(237)
|
(400)
|
(615)
|
(815)
|
(1 119)
|
(1 760)
|
(2 388)
|
(2 948)
|
(3 715)
|
(4 455)
|
(4 876)
|
(5 613)
|
(6 102)
|
(7 154)
|
(8 258)
|
(10 073)
|
(12 250)
|
(13 341)
|
(12 929)
|
(12 260)
|
(11 519)
|
(14 451)
|
(12 201)
|
(12 203)
|
(11 777)
|
(13 873)
|
(13 103)
|
(12 132)
|
(10 728)
|
(7 470)
|
(5 884)
|
(5 857)
|
(6 159)
|
(6 466)
|
(6 583)
|
(6 520)
|
(6 366)
|
(5 872)
|
|
Gross Profit |
203
N/A
|
202
0%
|
199
-2%
|
188
-5%
|
442
+135%
|
719
+63%
|
1 032
+44%
|
1 556
+51%
|
2 201
+41%
|
2 756
+25%
|
3 249
+18%
|
3 651
+12%
|
4 082
+12%
|
4 553
+12%
|
5 057
+11%
|
5 650
+12%
|
6 864
+21%
|
7 731
+13%
|
8 248
+7%
|
8 818
+7%
|
8 193
-7%
|
8 707
+6%
|
8 370
-4%
|
8 197
-2%
|
3 423
-58%
|
5 447
+59%
|
5 789
+6%
|
5 104
-12%
|
3 148
-38%
|
2 533
-20%
|
1 400
-45%
|
346
-75%
|
1 348
+290%
|
788
-42%
|
256
-68%
|
237
-7%
|
789
+233%
|
792
+0%
|
821
+4%
|
804
-2%
|
745
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(155)
|
(157)
|
(159)
|
(159)
|
(390)
|
(637)
|
(899)
|
(1 374)
|
(2 004)
|
(2 469)
|
(2 924)
|
(3 210)
|
(3 588)
|
(3 923)
|
(4 331)
|
(4 821)
|
(5 743)
|
(6 390)
|
(6 807)
|
(7 292)
|
(7 292)
|
(7 836)
|
(7 538)
|
(7 457)
|
(6 086)
|
(8 417)
|
(8 786)
|
(8 445)
|
(5 155)
|
(5 288)
|
(4 436)
|
(3 349)
|
(3 312)
|
(2 902)
|
(2 240)
|
(2 113)
|
(689)
|
(563)
|
(614)
|
(649)
|
(635)
|
|
Selling, General & Administrative |
(148)
|
(151)
|
(153)
|
(152)
|
(382)
|
(633)
|
(901)
|
(1 378)
|
(1 981)
|
(2 472)
|
(2 913)
|
(3 201)
|
(3 520)
|
(3 877)
|
(4 272)
|
(4 746)
|
(5 637)
|
(6 261)
|
(6 676)
|
(7 136)
|
(7 152)
|
(7 211)
|
(6 935)
|
(6 806)
|
(5 910)
|
(5 587)
|
(5 933)
|
(5 647)
|
(4 932)
|
(4 514)
|
(3 650)
|
(2 605)
|
(3 235)
|
(2 789)
|
(2 172)
|
(2 040)
|
(667)
|
(663)
|
(700)
|
(741)
|
(627)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(45)
|
(12)
|
0
|
(54)
|
(63)
|
(73)
|
(75)
|
(56)
|
(81)
|
(80)
|
(103)
|
(109)
|
(90)
|
(69)
|
(49)
|
(20)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(98)
|
0
|
0
|
0
|
(80)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(19)
|
|
Other Operating Expenses |
(7)
|
(6)
|
(6)
|
(7)
|
(4)
|
(4)
|
2
|
4
|
(3)
|
3
|
(10)
|
(8)
|
(13)
|
(46)
|
(59)
|
(76)
|
(36)
|
(117)
|
(131)
|
(102)
|
(33)
|
(553)
|
(529)
|
(596)
|
(17)
|
(2 750)
|
(2 750)
|
(2 689)
|
(35)
|
(704)
|
(736)
|
(724)
|
17
|
(113)
|
(67)
|
(73)
|
11
|
100
|
86
|
92
|
10
|
|
Operating Income |
48
N/A
|
45
-7%
|
39
-12%
|
30
-25%
|
51
+73%
|
82
+60%
|
133
+63%
|
182
+37%
|
197
+8%
|
287
+45%
|
325
+13%
|
441
+36%
|
494
+12%
|
630
+28%
|
726
+15%
|
829
+14%
|
1 121
+35%
|
1 342
+20%
|
1 441
+7%
|
1 526
+6%
|
901
-41%
|
870
-3%
|
831
-4%
|
740
-11%
|
(2 663)
N/A
|
(2 970)
-12%
|
(2 997)
-1%
|
(3 341)
-11%
|
(2 007)
+40%
|
(2 755)
-37%
|
(3 036)
-10%
|
(3 003)
+1%
|
(1 963)
+35%
|
(2 115)
-8%
|
(1 984)
+6%
|
(1 876)
+5%
|
99
N/A
|
229
+131%
|
207
-10%
|
155
-25%
|
110
-29%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(8)
|
(9)
|
(10)
|
(6)
|
(8)
|
(8)
|
(7)
|
5
|
3
|
6
|
(8)
|
1
|
15
|
10
|
(10)
|
(169)
|
(299)
|
(286)
|
(248)
|
(141)
|
(157)
|
(152)
|
(136)
|
(131)
|
(112)
|
(175)
|
(10)
|
(387)
|
(159)
|
571
|
354
|
(233)
|
2 977
|
2 263
|
2 240
|
(96)
|
(108)
|
(111)
|
(77)
|
(133)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(175)
|
0
|
(5)
|
(6)
|
(427)
|
(6)
|
(1)
|
0
|
3 130
|
0
|
(5)
|
(6)
|
95
|
1
|
1
|
1
|
60
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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
|
|
Total Other Income |
0
|
0
|
(2)
|
(2)
|
3
|
3
|
3
|
3
|
2
|
2
|
1
|
1
|
1
|
1
|
5
|
3
|
0
|
11
|
22
|
51
|
44
|
48
|
38
|
23
|
30
|
23
|
18
|
13
|
17
|
18
|
26
|
17
|
(190)
|
(192)
|
(210)
|
(208)
|
(32)
|
(41)
|
(33)
|
(34)
|
(5)
|
|
Pre-Tax Income |
43
N/A
|
37
-13%
|
29
-22%
|
18
-37%
|
48
+162%
|
76
+59%
|
128
+68%
|
178
+39%
|
205
+15%
|
291
+42%
|
332
+14%
|
435
+31%
|
537
+24%
|
645
+20%
|
740
+15%
|
822
+11%
|
948
+15%
|
1 053
+11%
|
1 178
+12%
|
1 329
+13%
|
805
-39%
|
761
-5%
|
717
-6%
|
627
-13%
|
(2 939)
N/A
|
(3 058)
-4%
|
(3 160)
-3%
|
(3 344)
-6%
|
(2 804)
+16%
|
(2 902)
-3%
|
(2 439)
+16%
|
(2 631)
-8%
|
743
N/A
|
670
-10%
|
64
-90%
|
149
+132%
|
66
-56%
|
82
+24%
|
65
-20%
|
45
-31%
|
31
-31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(14)
|
(12)
|
(9)
|
(20)
|
(24)
|
(35)
|
(41)
|
(39)
|
(55)
|
(64)
|
(89)
|
(109)
|
(150)
|
(167)
|
(188)
|
(182)
|
(188)
|
(227)
|
(240)
|
(192)
|
(191)
|
(162)
|
(154)
|
215
|
246
|
260
|
301
|
(572)
|
(561)
|
(653)
|
(624)
|
(66)
|
(49)
|
64
|
46
|
(52)
|
(56)
|
(52)
|
(56)
|
(44)
|
|
Income from Continuing Operations |
29
|
23
|
17
|
9
|
29
|
52
|
93
|
137
|
166
|
236
|
269
|
346
|
428
|
495
|
574
|
634
|
767
|
865
|
950
|
1 089
|
613
|
571
|
556
|
473
|
(2 724)
|
(2 812)
|
(2 900)
|
(3 043)
|
(3 376)
|
(3 463)
|
(3 092)
|
(3 256)
|
677
|
621
|
128
|
195
|
14
|
25
|
13
|
(11)
|
(13)
|
|
Income to Minority Interest |
3
|
3
|
4
|
4
|
5
|
5
|
5
|
5
|
2
|
(8)
|
(18)
|
(28)
|
(34)
|
(30)
|
(24)
|
(18)
|
(16)
|
(10)
|
(7)
|
(5)
|
10
|
12
|
20
|
25
|
16
|
13
|
4
|
3
|
2
|
5
|
7
|
6
|
(3)
|
(6)
|
(8)
|
(8)
|
4
|
4
|
3
|
4
|
3
|
|
Net Income (Common) |
32
N/A
|
26
-16%
|
21
-22%
|
13
-37%
|
33
+156%
|
57
+74%
|
98
+71%
|
141
+44%
|
168
+19%
|
228
+36%
|
251
+10%
|
317
+27%
|
394
+24%
|
466
+18%
|
550
+18%
|
616
+12%
|
751
+22%
|
855
+14%
|
943
+10%
|
1 084
+15%
|
623
-43%
|
583
-7%
|
576
-1%
|
498
-14%
|
(2 708)
N/A
|
(2 799)
-3%
|
(2 897)
-3%
|
(3 039)
-5%
|
(3 374)
-11%
|
(3 458)
-2%
|
(3 085)
+11%
|
(3 249)
-5%
|
673
N/A
|
616
-9%
|
121
-80%
|
187
+55%
|
18
-90%
|
29
+64%
|
16
-46%
|
(7)
N/A
|
(10)
-37%
|
|
EPS (Diluted) |
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
0.02
N/A
|
0.04
+100%
|
0.06
+50%
|
0.09
+50%
|
0.12
+33%
|
0.13
+8%
|
0.19
+46%
|
0.21
+11%
|
0.26
+24%
|
0.29
+12%
|
0.32
+10%
|
0.4
+25%
|
0.44
+10%
|
0.53
+20%
|
0.57
+8%
|
0.6
+5%
|
0.69
+15%
|
0.4
-42%
|
0.38
-5%
|
0.37
-3%
|
0.32
-14%
|
-1.74
N/A
|
-1.8
-3%
|
-1.86
-3%
|
-1.96
-5%
|
-2.17
-11%
|
-2.22
-2%
|
-2.04
+8%
|
-2.09
-2%
|
0.43
N/A
|
0.41
-5%
|
0.08
-80%
|
0.12
+50%
|
0.01
-92%
|
0.02
+100%
|
0.01
-50%
|
0
N/A
|
-0.01
N/A
|