Meisheng Cultural & Creative Corp Ltd
SZSE:002699
Income Statement
Earnings Waterfall
Meisheng Cultural & Creative Corp Ltd
Revenue
|
2B
CNY
|
Cost of Revenue
|
-1.4B
CNY
|
Gross Profit
|
555.8m
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
-652.3m
CNY
|
Other Expenses
|
-53.4m
CNY
|
Net Income
|
-705.8m
CNY
|
Income Statement
Meisheng Cultural & Creative Corp 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 |
217
N/A
|
231
+7%
|
266
+15%
|
321
+21%
|
386
+20%
|
456
+18%
|
458
+0%
|
437
-5%
|
421
-3%
|
408
-3%
|
444
+9%
|
454
+2%
|
532
+17%
|
633
+19%
|
637
+1%
|
792
+24%
|
876
+11%
|
912
+4%
|
967
+6%
|
943
-3%
|
891
-6%
|
836
-6%
|
827
-1%
|
971
+17%
|
1 182
+22%
|
1 380
+17%
|
1 440
+4%
|
1 343
-7%
|
1 166
-13%
|
991
-15%
|
951
-4%
|
1 023
+8%
|
962
-6%
|
1 030
+7%
|
1 149
+11%
|
1 357
+18%
|
1 804
+33%
|
1 235
-32%
|
2 653
+115%
|
2 261
-15%
|
1 960
-13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(141)
|
(149)
|
(171)
|
(207)
|
(243)
|
(290)
|
(296)
|
(281)
|
(273)
|
(254)
|
(267)
|
(263)
|
(308)
|
(369)
|
(390)
|
(490)
|
(516)
|
(538)
|
(571)
|
(551)
|
(567)
|
(569)
|
(559)
|
(733)
|
(855)
|
(971)
|
(1 043)
|
(951)
|
(874)
|
(823)
|
(781)
|
(860)
|
(815)
|
(857)
|
(968)
|
(1 099)
|
(1 444)
|
(899)
|
(1 976)
|
(1 674)
|
(1 404)
|
|
Gross Profit |
75
N/A
|
82
+9%
|
95
+16%
|
114
+20%
|
142
+25%
|
166
+17%
|
162
-3%
|
156
-4%
|
148
-5%
|
154
+4%
|
178
+16%
|
191
+7%
|
224
+17%
|
264
+18%
|
248
-6%
|
302
+22%
|
360
+19%
|
374
+4%
|
396
+6%
|
392
-1%
|
325
-17%
|
267
-18%
|
268
+0%
|
238
-11%
|
327
+37%
|
409
+25%
|
397
-3%
|
392
-1%
|
292
-26%
|
168
-43%
|
170
+1%
|
163
-4%
|
147
-10%
|
173
+18%
|
181
+5%
|
258
+43%
|
360
+39%
|
336
-7%
|
676
+101%
|
587
-13%
|
556
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(34)
|
(43)
|
(47)
|
(58)
|
(64)
|
(77)
|
(73)
|
(70)
|
(74)
|
(82)
|
(96)
|
(112)
|
(143)
|
(163)
|
(179)
|
(187)
|
(196)
|
(159)
|
(197)
|
(199)
|
(179)
|
(207)
|
(469)
|
(475)
|
(508)
|
(232)
|
(301)
|
(295)
|
(266)
|
(225)
|
(1 100)
|
(1 127)
|
(1 118)
|
(302)
|
(451)
|
(444)
|
(481)
|
(1 056)
|
(1 237)
|
(1 225)
|
(1 208)
|
|
Selling, General & Administrative |
(35)
|
(35)
|
(47)
|
(56)
|
(65)
|
(58)
|
(67)
|
(65)
|
(67)
|
(67)
|
(87)
|
(103)
|
(125)
|
(130)
|
(158)
|
(165)
|
(166)
|
(134)
|
(161)
|
(157)
|
(146)
|
(177)
|
(149)
|
(156)
|
(170)
|
(192)
|
(198)
|
(192)
|
(184)
|
(193)
|
(229)
|
(257)
|
(248)
|
(267)
|
(287)
|
(281)
|
(317)
|
(1 025)
|
(1 187)
|
(1 177)
|
(1 160)
|
|
Research & Development |
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
(8)
|
(26)
|
(20)
|
(30)
|
(33)
|
(40)
|
(45)
|
(44)
|
(42)
|
(29)
|
(32)
|
(32)
|
(32)
|
(32)
|
(34)
|
(33)
|
(33)
|
(29)
|
(54)
|
(51)
|
(50)
|
|
Depreciation & Amortization |
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
(0)
|
(2)
|
0
|
(11)
|
(7)
|
(5)
|
(7)
|
(2)
|
(9)
|
(9)
|
(18)
|
(1)
|
(20)
|
(20)
|
(28)
|
13
|
(36)
|
(42)
|
(25)
|
10
|
(300)
|
(289)
|
(305)
|
13
|
(58)
|
(58)
|
(41)
|
8
|
(841)
|
(838)
|
(838)
|
9
|
(130)
|
(130)
|
(132)
|
8
|
3
|
4
|
3
|
|
Operating Income |
41
N/A
|
39
-4%
|
48
+21%
|
55
+16%
|
78
+41%
|
89
+15%
|
89
-1%
|
86
-3%
|
74
-14%
|
72
-2%
|
82
+14%
|
79
-4%
|
81
+3%
|
100
+24%
|
69
-31%
|
115
+67%
|
164
+43%
|
215
+31%
|
199
-7%
|
193
-3%
|
146
-25%
|
60
-59%
|
(201)
N/A
|
(237)
-18%
|
(181)
+23%
|
177
N/A
|
96
-46%
|
97
+1%
|
26
-73%
|
(58)
N/A
|
(930)
-1 518%
|
(964)
-4%
|
(971)
-1%
|
(129)
+87%
|
(270)
-110%
|
(186)
+31%
|
(122)
+35%
|
(719)
-492%
|
(561)
+22%
|
(638)
-14%
|
(652)
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
9
|
11
|
6
|
5
|
4
|
25
|
29
|
31
|
58
|
45
|
64
|
79
|
131
|
37
|
178
|
177
|
230
|
(5)
|
45
|
(17)
|
(135)
|
(37)
|
(70)
|
(75)
|
(87)
|
(69)
|
(66)
|
(12)
|
(17)
|
(27)
|
(22)
|
5
|
6
|
(14)
|
(23)
|
(45)
|
(30)
|
47
|
63
|
55
|
39
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
92
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
(249)
|
0
|
0
|
0
|
(63)
|
0
|
1
|
0
|
(876)
|
0
|
0
|
0
|
(143)
|
(0)
|
(0)
|
(0)
|
(84)
|
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 |
3
|
7
|
5
|
4
|
5
|
20
|
21
|
27
|
35
|
27
|
27
|
22
|
18
|
11
|
10
|
11
|
10
|
1
|
(2)
|
(2)
|
(5)
|
0
|
0
|
9
|
14
|
(1)
|
(0)
|
(9)
|
(12)
|
19
|
18
|
19
|
16
|
51
|
50
|
49
|
50
|
(15)
|
(89)
|
(89)
|
(91)
|
|
Pre-Tax Income |
53
N/A
|
57
+8%
|
59
+3%
|
64
+9%
|
86
+35%
|
134
+56%
|
138
+3%
|
145
+4%
|
166
+15%
|
163
-2%
|
173
+6%
|
179
+4%
|
231
+29%
|
240
+4%
|
258
+8%
|
303
+18%
|
404
+33%
|
224
-44%
|
243
+8%
|
173
-29%
|
6
-97%
|
(225)
N/A
|
(270)
-20%
|
(302)
-12%
|
(255)
+16%
|
45
N/A
|
29
-34%
|
77
+161%
|
(3)
N/A
|
(942)
-28 433%
|
(934)
+1%
|
(940)
-1%
|
(948)
-1%
|
(234)
+75%
|
(243)
-4%
|
(183)
+25%
|
(101)
+45%
|
(771)
-661%
|
(587)
+24%
|
(672)
-15%
|
(705)
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(16)
|
(16)
|
(18)
|
(24)
|
(36)
|
(36)
|
(37)
|
(40)
|
(36)
|
(39)
|
(34)
|
(46)
|
(52)
|
(55)
|
(69)
|
(68)
|
(42)
|
(45)
|
(37)
|
(16)
|
(17)
|
(9)
|
(4)
|
(13)
|
(13)
|
(13)
|
(10)
|
6
|
(4)
|
(2)
|
3
|
3
|
(3)
|
(4)
|
(18)
|
(32)
|
19
|
(16)
|
(8)
|
(0)
|
|
Income from Continuing Operations |
38
|
41
|
43
|
47
|
63
|
98
|
102
|
108
|
127
|
127
|
134
|
145
|
185
|
188
|
203
|
234
|
336
|
182
|
198
|
136
|
(10)
|
(243)
|
(279)
|
(306)
|
(268)
|
32
|
17
|
66
|
3
|
(946)
|
(936)
|
(938)
|
(945)
|
(237)
|
(246)
|
(201)
|
(133)
|
(753)
|
(603)
|
(680)
|
(705)
|
|
Income to Minority Interest |
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
0
|
2
|
2
|
5
|
5
|
6
|
9
|
11
|
8
|
8
|
9
|
7
|
8
|
16
|
6
|
5
|
7
|
(1)
|
8
|
8
|
8
|
5
|
0
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
39
N/A
|
42
+7%
|
43
+3%
|
46
+7%
|
62
+35%
|
97
+56%
|
102
+5%
|
106
+5%
|
125
+17%
|
126
+1%
|
132
+4%
|
145
+10%
|
186
+28%
|
190
+2%
|
207
+9%
|
239
+15%
|
342
+43%
|
191
-44%
|
209
+9%
|
144
-31%
|
(2)
N/A
|
(234)
-15 493%
|
(272)
-16%
|
(299)
-10%
|
(253)
+15%
|
38
N/A
|
21
-43%
|
73
+240%
|
2
-97%
|
(938)
N/A
|
(927)
+1%
|
(930)
0%
|
(940)
-1%
|
(237)
+75%
|
(247)
-4%
|
(202)
+18%
|
(135)
+33%
|
(753)
-457%
|
(604)
+20%
|
(681)
-13%
|
(706)
-4%
|
|
EPS (Diluted) |
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.07
+17%
|
0.09
+29%
|
0.13
+44%
|
0.14
+8%
|
0.14
N/A
|
0.16
+14%
|
0.16
N/A
|
0.17
+6%
|
0.19
+12%
|
0.24
+26%
|
0.23
-4%
|
0.24
+4%
|
0.27
+13%
|
0.37
+37%
|
0.21
-43%
|
0.23
+10%
|
0.16
-30%
|
0
N/A
|
-0.25
N/A
|
-0.26
-4%
|
-0.32
-23%
|
-0.27
+16%
|
0.04
N/A
|
0.02
-50%
|
0.08
+300%
|
0
N/A
|
-1.03
N/A
|
-1.01
+2%
|
-1.02
-1%
|
-1.03
-1%
|
-0.26
+75%
|
-0.27
-4%
|
-0.22
+19%
|
-0.15
+32%
|
-0.83
-453%
|
-0.66
+20%
|
-0.75
-14%
|
-0.78
-4%
|