Northking Information Technology Co Ltd
SZSE:002987
Income Statement
Earnings Waterfall
Northking Information Technology Co Ltd
Revenue
|
4.2B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
989.8m
CNY
|
Operating Expenses
|
-654.4m
CNY
|
Operating Income
|
335.4m
CNY
|
Other Expenses
|
12.2m
CNY
|
Net Income
|
347.6m
CNY
|
Income Statement
Northking Information Technology Co Ltd
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 |
1 687
N/A
|
1 740
+3%
|
1 913
+10%
|
2 088
+9%
|
2 293
+10%
|
2 577
+12%
|
2 762
+7%
|
2 931
+6%
|
3 054
+4%
|
3 194
+5%
|
3 347
+5%
|
3 538
+6%
|
3 673
+4%
|
3 840
+5%
|
3 968
+3%
|
4 089
+3%
|
4 242
+4%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(1 234)
|
(1 303)
|
(1 407)
|
(1 530)
|
(1 652)
|
(1 871)
|
(2 045)
|
(2 213)
|
(2 336)
|
(2 498)
|
(2 612)
|
(2 771)
|
(2 846)
|
(2 988)
|
(3 089)
|
(3 164)
|
(3 252)
|
|
Gross Profit |
453
N/A
|
438
-3%
|
506
+16%
|
558
+10%
|
641
+15%
|
706
+10%
|
717
+2%
|
718
+0%
|
718
+0%
|
695
-3%
|
734
+6%
|
767
+4%
|
828
+8%
|
852
+3%
|
879
+3%
|
925
+5%
|
990
+7%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(258)
|
(244)
|
(268)
|
(301)
|
(355)
|
(395)
|
(421)
|
(452)
|
(501)
|
(508)
|
(530)
|
(540)
|
(554)
|
(542)
|
(563)
|
(597)
|
(654)
|
|
Selling, General & Administrative |
(137)
|
(126)
|
(134)
|
(149)
|
(171)
|
(171)
|
(180)
|
(195)
|
(224)
|
(227)
|
(229)
|
(221)
|
(215)
|
(197)
|
(198)
|
(209)
|
(264)
|
|
Research & Development |
(124)
|
(129)
|
(146)
|
(166)
|
(193)
|
(227)
|
(250)
|
(264)
|
(280)
|
(294)
|
(310)
|
(329)
|
(345)
|
(363)
|
(381)
|
(400)
|
(391)
|
|
Depreciation & Amortization |
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(15)
|
|
Other Operating Expenses |
7
|
11
|
13
|
14
|
13
|
2
|
8
|
7
|
13
|
13
|
8
|
10
|
19
|
18
|
16
|
11
|
15
|
|
Operating Income |
196
N/A
|
194
-1%
|
239
+23%
|
257
+8%
|
286
+11%
|
311
+9%
|
296
-5%
|
266
-10%
|
218
-18%
|
188
-14%
|
204
+9%
|
227
+11%
|
273
+20%
|
310
+13%
|
316
+2%
|
328
+4%
|
335
+2%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(5)
|
(5)
|
(3)
|
(0)
|
10
|
15
|
18
|
20
|
14
|
12
|
9
|
8
|
8
|
8
|
7
|
6
|
6
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
0
|
0
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
190
N/A
|
189
-1%
|
236
+25%
|
258
+9%
|
297
+15%
|
326
+10%
|
313
-4%
|
285
-9%
|
231
-19%
|
199
-14%
|
213
+7%
|
235
+10%
|
281
+20%
|
318
+13%
|
323
+2%
|
334
+3%
|
341
+2%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(15)
|
(13)
|
(22)
|
(17)
|
(20)
|
(21)
|
(7)
|
(7)
|
(0)
|
3
|
0
|
(3)
|
(4)
|
(4)
|
(1)
|
4
|
6
|
|
Income from Continuing Operations |
175
|
176
|
215
|
241
|
276
|
304
|
306
|
278
|
230
|
202
|
213
|
232
|
277
|
314
|
322
|
337
|
348
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
175
N/A
|
176
+1%
|
215
+22%
|
241
+12%
|
276
+15%
|
304
+10%
|
306
+1%
|
278
-9%
|
231
-17%
|
203
-12%
|
213
+5%
|
233
+9%
|
277
+19%
|
314
+13%
|
322
+3%
|
337
+5%
|
348
+3%
|
|
EPS (Diluted) |
1.04
N/A
|
1.04
N/A
|
1.04
N/A
|
1.06
+2%
|
1.23
+16%
|
1.35
+10%
|
0.97
-28%
|
0.88
-9%
|
0.53
-40%
|
0.65
+23%
|
0.65
N/A
|
0.54
-17%
|
0.63
+17%
|
0.71
+13%
|
0.74
+4%
|
0.77
+4%
|
0.79
+3%
|