Bairong Inc
HKEX:6608
Income Statement
Earnings Waterfall
Bairong Inc
Revenue
|
2.8B
CNY
|
Cost of Revenue
|
-733.6m
CNY
|
Gross Profit
|
2B
CNY
|
Operating Expenses
|
-1.8B
CNY
|
Operating Income
|
177.2m
CNY
|
Other Expenses
|
97.9m
CNY
|
Net Income
|
275.2m
CNY
|
Income Statement
Bairong Inc
Sep-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
1 104
N/A
|
1 137
+3%
|
1 454
+28%
|
1 623
+12%
|
1 777
+9%
|
2 054
+16%
|
2 352
+14%
|
2 681
+14%
|
2 759
+3%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(289)
|
(298)
|
(384)
|
(429)
|
(482)
|
(573)
|
(652)
|
(726)
|
(734)
|
|
Gross Profit |
815
N/A
|
838
+3%
|
1 070
+28%
|
1 195
+12%
|
1 295
+8%
|
1 481
+14%
|
1 700
+15%
|
1 955
+15%
|
2 026
+4%
|
|
Operating Income | ||||||||||
Operating Expenses |
(856)
|
(832)
|
(931)
|
(1 078)
|
(1 279)
|
(1 400)
|
(1 480)
|
(1 667)
|
(1 848)
|
|
Selling, General & Administrative |
(656)
|
(640)
|
(725)
|
(839)
|
(998)
|
(1 055)
|
(1 121)
|
(1 351)
|
(1 422)
|
|
Research & Development |
(213)
|
(201)
|
(214)
|
(252)
|
(298)
|
(370)
|
(412)
|
(379)
|
(403)
|
|
Other Operating Expenses |
13
|
9
|
10
|
13
|
17
|
25
|
52
|
63
|
(24)
|
|
Operating Income |
(41)
N/A
|
6
N/A
|
139
+2 073%
|
117
-16%
|
16
-87%
|
82
+419%
|
219
+169%
|
287
+31%
|
177
-38%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
10
|
16
|
(30)
|
(16)
|
107
|
147
|
127
|
110
|
105
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
(61)
|
0
|
|
Total Other Income |
(125)
|
(131)
|
(3 759)
|
(3 697)
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(156)
N/A
|
(111)
+29%
|
(3 650)
-3 200%
|
(3 597)
+1%
|
123
N/A
|
229
+86%
|
346
+51%
|
336
-3%
|
283
-16%
|
|
Net Income | ||||||||||
Tax Provision |
4
|
2
|
(11)
|
(7)
|
6
|
1
|
(3)
|
(1)
|
(11)
|
|
Income from Continuing Operations |
(152)
|
(109)
|
(3 661)
|
(3 604)
|
128
|
229
|
343
|
335
|
271
|
|
Income to Minority Interest |
(2)
|
(1)
|
(4)
|
1
|
10
|
10
|
3
|
5
|
4
|
|
Net Income (Common) |
(155)
N/A
|
(111)
+29%
|
(3 665)
-3 215%
|
(3 603)
+2%
|
138
N/A
|
240
+74%
|
346
+44%
|
340
-2%
|
275
-19%
|
|
EPS (Diluted) |
-0.31
N/A
|
-0.22
+29%
|
-11.78
-5 255%
|
-9.16
+22%
|
0.27
N/A
|
0.47
+74%
|
0.68
+45%
|
0.68
N/A
|
0.56
-18%
|