GuoChuang Software Co Ltd
SZSE:300520
Income Statement
Earnings Waterfall
GuoChuang Software Co Ltd
Revenue
|
2.8B
CNY
|
Cost of Revenue
|
-2.2B
CNY
|
Gross Profit
|
636.8m
CNY
|
Operating Expenses
|
-690m
CNY
|
Operating Income
|
-53.2m
CNY
|
Other Expenses
|
5.3m
CNY
|
Net Income
|
-47.9m
CNY
|
Income Statement
GuoChuang Software Co Ltd
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 |
406
N/A
|
414
+2%
|
435
+5%
|
454
+4%
|
594
+31%
|
636
+7%
|
659
+4%
|
664
+1%
|
608
-8%
|
616
+1%
|
642
+4%
|
728
+13%
|
982
+35%
|
1 171
+19%
|
1 372
+17%
|
1 519
+11%
|
1 570
+3%
|
1 465
-7%
|
1 558
+6%
|
1 523
-2%
|
1 512
-1%
|
1 531
+1%
|
1 401
-8%
|
1 591
+14%
|
1 720
+8%
|
1 840
+7%
|
1 962
+7%
|
2 003
+2%
|
2 400
+20%
|
2 595
+8%
|
2 705
+4%
|
2 833
+5%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(252)
|
(251)
|
(262)
|
(278)
|
(375)
|
(414)
|
(414)
|
(405)
|
(358)
|
(362)
|
(382)
|
(446)
|
(664)
|
(826)
|
(990)
|
(1 105)
|
(1 104)
|
(1 053)
|
(1 127)
|
(1 095)
|
(1 032)
|
(985)
|
(860)
|
(1 023)
|
(1 081)
|
(1 181)
|
(1 264)
|
(1 305)
|
(1 804)
|
(2 005)
|
(2 122)
|
(2 196)
|
|
Gross Profit |
154
N/A
|
163
+6%
|
173
+6%
|
176
+1%
|
219
+25%
|
222
+1%
|
244
+10%
|
259
+6%
|
250
-3%
|
254
+2%
|
260
+2%
|
282
+8%
|
318
+13%
|
344
+8%
|
382
+11%
|
413
+8%
|
466
+13%
|
411
-12%
|
431
+5%
|
428
-1%
|
480
+12%
|
546
+14%
|
541
-1%
|
568
+5%
|
639
+13%
|
659
+3%
|
698
+6%
|
698
+0%
|
596
-15%
|
590
-1%
|
583
-1%
|
637
+9%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(112)
|
(122)
|
(135)
|
(140)
|
(168)
|
(183)
|
(207)
|
(242)
|
(243)
|
(230)
|
(238)
|
(229)
|
(272)
|
(286)
|
(306)
|
(330)
|
(349)
|
(321)
|
(309)
|
(315)
|
(328)
|
(582)
|
(596)
|
(642)
|
(525)
|
(537)
|
(560)
|
(564)
|
(648)
|
(662)
|
(668)
|
(690)
|
|
Selling, General & Administrative |
(61)
|
(99)
|
(110)
|
(120)
|
(86)
|
(173)
|
(198)
|
(235)
|
(125)
|
(239)
|
(244)
|
(204)
|
(157)
|
(186)
|
(167)
|
(181)
|
(208)
|
(189)
|
(188)
|
(193)
|
(220)
|
(230)
|
(248)
|
(273)
|
(333)
|
(342)
|
(356)
|
(359)
|
(432)
|
(411)
|
(416)
|
(430)
|
|
Research & Development |
(51)
|
(20)
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(130)
|
0
|
0
|
(31)
|
(135)
|
(112)
|
(164)
|
(188)
|
(179)
|
(188)
|
(179)
|
(178)
|
(180)
|
(194)
|
(194)
|
(207)
|
(242)
|
(255)
|
(274)
|
(281)
|
(287)
|
(286)
|
(287)
|
(294)
|
|
Other Operating Expenses |
(0)
|
(3)
|
(25)
|
(20)
|
(0)
|
(10)
|
(8)
|
(7)
|
12
|
9
|
6
|
6
|
20
|
11
|
25
|
39
|
38
|
55
|
58
|
55
|
72
|
(159)
|
(154)
|
(161)
|
50
|
61
|
69
|
76
|
72
|
35
|
35
|
33
|
|
Operating Income |
42
N/A
|
42
0%
|
38
-7%
|
36
-6%
|
51
+42%
|
39
-24%
|
38
-4%
|
17
-54%
|
7
-60%
|
24
+243%
|
23
-5%
|
53
+133%
|
46
-13%
|
58
+27%
|
76
+31%
|
84
+10%
|
116
+39%
|
90
-23%
|
123
+36%
|
113
-8%
|
153
+35%
|
(36)
N/A
|
(55)
-54%
|
(74)
-34%
|
114
N/A
|
123
+7%
|
138
+12%
|
135
-2%
|
(52)
N/A
|
(72)
-40%
|
(85)
-17%
|
(53)
+37%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
2
|
5
|
4
|
2
|
3
|
1
|
(1)
|
4
|
2
|
1
|
2
|
3
|
1
|
1
|
(1)
|
20
|
17
|
22
|
23
|
111
|
129
|
123
|
121
|
(6)
|
(14)
|
(19)
|
(20)
|
(24)
|
(24)
|
(10)
|
(12)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(3)
|
(0)
|
(0)
|
(0)
|
(212)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
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
|
|
Total Other Income |
5
|
6
|
6
|
7
|
10
|
9
|
8
|
6
|
0
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
2
|
(0)
|
(0)
|
(3)
|
(3)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
47
N/A
|
49
+4%
|
49
+1%
|
47
-4%
|
63
+33%
|
51
-19%
|
46
-8%
|
22
-52%
|
11
-52%
|
25
+131%
|
24
-4%
|
53
+125%
|
48
-10%
|
58
+22%
|
75
+29%
|
83
+10%
|
134
+62%
|
106
-21%
|
143
+36%
|
134
-6%
|
50
-63%
|
92
+84%
|
70
-24%
|
49
-30%
|
107
+121%
|
108
+1%
|
115
+7%
|
111
-4%
|
(76)
N/A
|
(98)
-28%
|
(95)
+3%
|
(66)
+31%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(6)
|
(5)
|
(3)
|
(8)
|
(1)
|
5
|
6
|
9
|
2
|
(2)
|
(5)
|
4
|
2
|
2
|
3
|
(8)
|
(5)
|
(7)
|
(5)
|
(4)
|
(7)
|
(7)
|
(6)
|
(2)
|
(4)
|
(4)
|
(5)
|
11
|
13
|
16
|
26
|
|
Income from Continuing Operations |
43
|
43
|
44
|
44
|
54
|
49
|
51
|
29
|
19
|
27
|
21
|
48
|
51
|
61
|
77
|
85
|
126
|
101
|
136
|
129
|
46
|
85
|
62
|
42
|
105
|
105
|
111
|
106
|
(65)
|
(84)
|
(79)
|
(40)
|
|
Income to Minority Interest |
2
|
2
|
3
|
3
|
3
|
1
|
1
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(6)
|
(6)
|
(6)
|
(3)
|
(0)
|
2
|
0
|
2
|
7
|
5
|
6
|
(8)
|
|
Net Income (Common) |
44
N/A
|
45
+2%
|
47
+3%
|
47
+1%
|
57
+21%
|
51
-11%
|
52
+2%
|
29
-44%
|
18
-36%
|
26
+43%
|
21
-22%
|
47
+131%
|
49
+3%
|
57
+16%
|
72
+26%
|
80
+11%
|
119
+49%
|
94
-21%
|
128
+36%
|
121
-6%
|
40
-67%
|
79
+95%
|
57
-28%
|
39
-31%
|
105
+169%
|
106
+2%
|
111
+5%
|
109
-3%
|
(58)
N/A
|
(79)
-37%
|
(73)
+7%
|
(48)
+35%
|