Zhang Xiaoquan Inc
SZSE:301055
Income Statement
Earnings Waterfall
Zhang Xiaoquan Inc
Revenue
|
736.1m
CNY
|
Cost of Revenue
|
-483.1m
CNY
|
Gross Profit
|
253m
CNY
|
Operating Expenses
|
-230.3m
CNY
|
Operating Income
|
22.8m
CNY
|
Other Expenses
|
-13m
CNY
|
Net Income
|
9.7m
CNY
|
Income Statement
Zhang Xiaoquan Inc
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 |
572
N/A
|
624
+9%
|
652
+4%
|
697
+7%
|
760
+9%
|
806
+6%
|
868
+8%
|
901
+4%
|
827
-8%
|
809
-2%
|
761
-6%
|
736
-3%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(342)
|
(379)
|
(393)
|
(419)
|
(470)
|
(508)
|
(555)
|
(591)
|
(530)
|
(522)
|
(503)
|
(483)
|
|
Gross Profit |
231
N/A
|
245
+6%
|
259
+5%
|
278
+8%
|
290
+4%
|
298
+3%
|
314
+5%
|
310
-1%
|
296
-5%
|
287
-3%
|
259
-10%
|
253
-2%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(137)
|
(145)
|
(154)
|
(172)
|
(195)
|
(215)
|
(231)
|
(241)
|
(240)
|
(235)
|
(232)
|
(230)
|
|
Selling, General & Administrative |
(111)
|
(120)
|
(130)
|
(148)
|
(158)
|
(190)
|
(209)
|
(219)
|
(194)
|
(211)
|
(205)
|
(201)
|
|
Research & Development |
(19)
|
(21)
|
(22)
|
(21)
|
(21)
|
(23)
|
(24)
|
(25)
|
(22)
|
(25)
|
(26)
|
(26)
|
|
Depreciation & Amortization |
(11)
|
0
|
(3)
|
0
|
(19)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
|
Other Operating Expenses |
3
|
(3)
|
0
|
(4)
|
4
|
(2)
|
2
|
3
|
5
|
1
|
(0)
|
(3)
|
|
Operating Income |
93
N/A
|
100
+8%
|
104
+4%
|
106
+1%
|
95
-10%
|
83
-12%
|
83
0%
|
69
-16%
|
56
-19%
|
52
-8%
|
27
-48%
|
23
-15%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
2
|
2
|
2
|
2
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Total Other Income |
2
|
2
|
2
|
(1)
|
1
|
1
|
3
|
4
|
2
|
2
|
1
|
1
|
|
Pre-Tax Income |
97
N/A
|
105
+8%
|
109
+4%
|
107
-2%
|
99
-8%
|
86
-12%
|
88
+2%
|
75
-14%
|
59
-21%
|
56
-6%
|
30
-46%
|
26
-12%
|
|
Net Income | |||||||||||||
Tax Provision |
(19)
|
(20)
|
(20)
|
(19)
|
(20)
|
(18)
|
(19)
|
(18)
|
(17)
|
(17)
|
(14)
|
(13)
|
|
Income from Continuing Operations |
77
|
84
|
89
|
88
|
79
|
68
|
69
|
57
|
42
|
38
|
16
|
13
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
|
Net Income (Common) |
77
N/A
|
84
+9%
|
89
+5%
|
88
-1%
|
79
-11%
|
68
-13%
|
69
+1%
|
57
-17%
|
41
-27%
|
38
-10%
|
14
-64%
|
10
-28%
|
|
EPS (Diluted) |
0.49
N/A
|
0.72
+47%
|
0.56
-22%
|
0.56
N/A
|
0.5
-11%
|
0.44
-12%
|
0.44
N/A
|
0.36
-18%
|
0.27
-25%
|
0.24
-11%
|
0.09
-63%
|
0.06
-33%
|