China Huarong Asset Management Co Ltd
HKEX:2799

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China Huarong Asset Management Co Ltd
HKEX:2799
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Price: 0.64 HKD 1.59%
Market Cap: 51.4B HKD
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Income Statement

Earnings Waterfall
China Huarong Asset Management Co Ltd

Revenue
30B CNY
Cost of Revenue
-550.1m CNY
Gross Profit
29.5B CNY
Operating Expenses
-3.4B CNY
Operating Income
26.1B CNY
Other Expenses
-14.8B CNY
Net Income
11.3B CNY

Income Statement
China Huarong Asset Management Co Ltd

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Income Statement
Currency: CNY
Dec-2015 Jun-2016 Dec-2016 Jun-2017 Dec-2017 Jun-2018 Dec-2018 Jun-2019 Dec-2019 Jun-2020 Dec-2020 Jun-2021 Dec-2021 Jun-2022 Dec-2022 Jun-2023 Dec-2023 Jun-2024
Revenue
Revenue
69 162
N/A
70 077
+1%
82 257
+17%
100 911
+23%
112 476
+11%
107 250
-5%
96 207
-10%
88 553
-8%
86 663
-2%
85 277
-2%
81 067
-5%
66 778
-18%
47 776
-28%
41 535
-13%
38 593
-7%
34 899
-10%
34 524
-1%
30 020
-13%
Gross Profit
Cost of Revenue
(945)
(863)
(1 036)
(1 049)
(1 296)
(1 688)
(2 080)
(2 106)
(2 208)
(2 467)
(2 086)
(992)
(208)
(259)
(594)
(597)
(554)
(550)
Gross Profit
68 217
N/A
69 214
+1%
81 221
+17%
99 862
+23%
111 180
+11%
105 562
-5%
94 127
-11%
86 447
-8%
84 455
-2%
82 809
-2%
78 981
-5%
65 786
-17%
47 567
-28%
41 276
-13%
37 999
-8%
34 302
-10%
33 970
-1%
29 470
-13%
Operating Income
Operating Expenses
(20 733)
(14 635)
(22 939)
(26 676)
(22 626)
(19 840)
(9 961)
(7 417)
(5 037)
(5 105)
(16 604)
(13 233)
(96)
(809)
(863)
(2 929)
(6 940)
(3 374)
Selling, General & Administrative
(18 863)
(13 897)
(23 154)
(26 678)
(21 838)
(19 521)
(10 958)
(11 517)
(11 142)
(10 368)
(15 744)
(12 392)
(3 714)
(3 936)
(4 198)
(3 264)
(3 868)
(3 182)
Depreciation & Amortization
(483)
(558)
(570)
(666)
(807)
(862)
(1 265)
(1 682)
(2 001)
(2 135)
(1 898)
(1 520)
(1 206)
(1 085)
(924)
(681)
(668)
(465)
Other Operating Expenses
(1 387)
(181)
785
667
19
544
2 262
5 782
8 107
7 397
1 038
679
4 824
4 211
4 259
1 015
(2 404)
274
Operating Income
47 483
N/A
54 579
+15%
58 282
+7%
73 185
+26%
88 554
+21%
85 722
-3%
84 166
-2%
79 030
-6%
79 418
+0%
77 704
-2%
62 378
-20%
52 553
-16%
47 471
-10%
40 466
-15%
37 136
-8%
31 372
-16%
27 030
-14%
26 097
-3%
Pre-Tax Income
Interest Income Expense
(22 350)
(23 771)
(25 550)
(34 405)
(42 569)
(51 406)
(63 123)
(54 558)
(47 697)
(54 788)
(68 234)
(59 131)
(31 070)
(40 618)
(46 449)
(17 001)
4 876
4 812
Non-Reccuring Items
(2 888)
(4 441)
(2 223)
(3 342)
(9 383)
(16 792)
(15 031)
(14 547)
(20 751)
(14 770)
(97 032)
(98 486)
(12 442)
(23 921)
(28 219)
(32 471)
(30 865)
(20 260)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
7
0
49
0
10
0
42
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
7
(21)
49
(17)
7
(9)
33
Pre-Tax Income
22 246
N/A
26 367
+19%
30 509
+16%
35 439
+16%
36 602
+3%
17 525
-52%
6 012
-66%
9 925
+65%
10 970
+11%
8 147
-26%
(102 880)
N/A
(105 057)
-2%
3 988
N/A
(24 023)
N/A
(37 539)
-56%
(18 093)
+52%
1 073
N/A
10 681
+895%
Net Income
Tax Provision
(5 295)
(6 438)
(7 401)
(8 774)
(10 014)
(6 202)
(4 503)
(6 740)
(8 701)
(7 897)
(3 545)
(2 425)
(4 212)
425
3 799
(85)
(859)
255
Income from Continuing Operations
16 951
19 929
23 109
26 665
26 588
11 322
1 509
3 184
2 269
249
(106 425)
(107 482)
(224)
(23 598)
(33 740)
(18 178)
214
10 936
Income to Minority Interest
(2 295)
(2 350)
(3 039)
(4 013)
(3 455)
(964)
1 043
1 185
25
(349)
4 183
3 529
(388)
608
736
1 742
1 630
799
Net Income (Common)
14 482
N/A
17 232
+19%
19 613
+14%
21 850
+11%
21 993
+1%
9 317
-58%
1 576
-83%
3 410
+116%
1 424
-58%
(885)
N/A
(102 903)
-11 530%
(102 955)
0%
2 648
N/A
(18 646)
N/A
(27 940)
-50%
(14 403)
+48%
1 768
N/A
11 287
+538%
EPS (Diluted)
0.43
N/A
0.46
+7%
0.5
+9%
0.56
+12%
0.56
N/A
0.24
-57%
0.04
-83%
0.09
+125%
0.04
-56%
-0.02
N/A
-2.64
-13 100%
-2.63
+0%
0.06
N/A
-0.23
N/A
-0.34
-48%
-0.17
+50%
0.02
N/A
0.13
+550%

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