G

Guangzhou Hengyun Enterprises Holding Ltd
SZSE:000531

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Guangzhou Hengyun Enterprises Holding Ltd
SZSE:000531
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Price: 5.96 CNY
Market Cap: 6.2B CNY
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Income Statement

Earnings Waterfall
Guangzhou Hengyun Enterprises Holding Ltd

Revenue
5B CNY
Cost of Revenue
-4.3B CNY
Gross Profit
702.8m CNY
Operating Expenses
-366.1m CNY
Operating Income
336.8m CNY
Other Expenses
-91.6m CNY
Net Income
245.2m CNY

Income Statement
Guangzhou Hengyun Enterprises Holding Ltd

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Income Statement
Currency: CNY
Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 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 Dec-2023 Mar-2024 Jun-2024
Revenue
Revenue
4 710
N/A
4 928
+5%
4 395
-11%
3 956
-10%
2 764
-30%
2 381
-14%
2 226
-7%
2 116
-5%
2 097
-1%
2 295
+9%
2 635
+15%
2 927
+11%
3 122
+7%
3 038
-3%
2 965
-2%
2 915
-2%
2 989
+3%
3 116
+4%
3 119
+0%
3 060
-2%
2 987
-2%
3 011
+1%
3 229
+7%
3 187
-1%
3 449
+8%
3 588
+4%
3 462
-4%
3 871
+12%
3 795
-2%
3 655
-4%
3 928
+7%
3 839
-2%
3 891
+1%
4 054
+4%
3 932
-3%
3 990
+1%
4 049
+1%
4 516
+12%
4 822
+7%
4 965
+3%
4 991
+1%
Gross Profit
Cost of Revenue
(3 405)
(3 543)
(3 175)
(2 838)
(1 966)
(1 725)
(1 547)
(1 493)
(1 484)
(1 573)
(1 798)
(2 086)
(2 349)
(2 431)
(2 420)
(2 469)
(2 527)
(2 616)
(2 575)
(2 524)
(2 446)
(2 448)
(2 537)
(2 597)
(2 692)
(2 758)
(2 669)
(2 953)
(3 112)
(3 233)
(3 780)
(3 950)
(3 961)
(4 212)
(4 003)
(3 931)
(3 954)
(4 062)
(4 106)
(4 241)
(4 288)
Gross Profit
1 305
N/A
1 385
+6%
1 219
-12%
1 117
-8%
798
-29%
656
-18%
679
+4%
623
-8%
614
-2%
723
+18%
837
+16%
841
+0%
774
-8%
607
-22%
545
-10%
446
-18%
462
+4%
501
+8%
544
+9%
536
-1%
541
+1%
563
+4%
692
+23%
590
-15%
757
+28%
829
+10%
793
-4%
918
+16%
683
-26%
422
-38%
148
-65%
(110)
N/A
(69)
+37%
(158)
-128%
(70)
+55%
59
N/A
95
+62%
454
+376%
716
+58%
724
+1%
703
-3%
Operating Income
Operating Expenses
(172)
(173)
(205)
(169)
(168)
(168)
(176)
(164)
(168)
(151)
(194)
(158)
(156)
(161)
(187)
(156)
(155)
(152)
(187)
(152)
(148)
(149)
(213)
(176)
(181)
(181)
(214)
(193)
(188)
(207)
(182)
(182)
(212)
(233)
(360)
(355)
(366)
(364)
(358)
(364)
(366)
Selling, General & Administrative
(172)
(172)
(138)
(167)
(166)
(167)
(122)
(157)
(162)
(145)
(143)
(154)
(153)
(160)
(154)
(163)
(162)
(159)
(155)
(161)
(158)
(161)
(161)
(174)
(173)
(175)
(179)
(194)
(205)
(218)
(148)
(165)
(165)
(171)
(184)
(226)
(230)
(225)
(184)
(226)
(227)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(29)
(31)
(39)
(45)
(15)
(25)
(21)
(23)
(65)
(90)
(110)
(129)
(138)
(140)
(141)
(140)
(126)
(137)
(139)
Depreciation & Amortization
0
0
(8)
0
0
0
(9)
0
0
0
(10)
0
0
0
(11)
0
0
0
(10)
0
0
0
(13)
0
0
0
(17)
0
0
0
(15)
0
0
0
(40)
0
0
0
(42)
0
0
Other Operating Expenses
(0)
(0)
(60)
(1)
(1)
(1)
(45)
(6)
(6)
(6)
(40)
(4)
(3)
(2)
(22)
7
7
8
(23)
10
11
11
(10)
29
31
38
(4)
26
38
34
46
73
63
66
2
11
5
2
(6)
(1)
(1)
Operating Income
1 133
N/A
1 212
+7%
1 015
-16%
949
-6%
631
-34%
488
-23%
504
+3%
460
-9%
445
-3%
572
+28%
643
+12%
683
+6%
618
-9%
446
-28%
358
-20%
289
-19%
307
+6%
349
+14%
357
+2%
384
+8%
394
+3%
414
+5%
479
+16%
414
-14%
576
+39%
648
+12%
579
-11%
725
+25%
495
-32%
215
-56%
(34)
N/A
(293)
-766%
(281)
+4%
(391)
-39%
(430)
-10%
(296)
+31%
(271)
+9%
90
N/A
358
+297%
360
+0%
337
-6%
Pre-Tax Income
Interest Income Expense
(106)
(77)
(57)
(20)
33
42
84
98
53
67
80
37
(4)
(46)
(106)
(141)
(163)
(189)
(160)
(28)
99
136
1
378
339
381
409
66
78
102
133
115
235
216
145
291
187
173
103
50
(9)
Non-Reccuring Items
0
0
0
0
0
0
(5)
0
0
0
(5)
0
0
0
(0)
(0)
(0)
0
104
28
45
45
38
18
1
(0)
(24)
0
0
0
5
0
0
0
122
0
0
0
(16)
0
(0)
Gain/Loss on Disposition of Assets
(56)
(56)
(56)
(59)
0
(2)
(1)
0
(0)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
0
0
0
0
0
0
Total Other Income
(63)
(63)
(1)
3
0
1
5
5
4
6
0
(1)
(3)
(4)
(3)
(3)
0
1
9
4
4
(1)
2
25
27
21
30
(22)
(23)
(17)
29
35
36
40
(5)
(3)
(88)
(89)
(123)
(123)
(41)
Pre-Tax Income
907
N/A
1 015
+12%
901
-11%
874
-3%
664
-24%
529
-20%
587
+11%
562
-4%
502
-11%
645
+29%
719
+11%
719
0%
612
-15%
396
-35%
249
-37%
146
-42%
144
-1%
161
+11%
309
+92%
388
+26%
541
+39%
594
+10%
520
-12%
835
+61%
943
+13%
1 049
+11%
995
-5%
769
-23%
550
-28%
301
-45%
133
-56%
(143)
N/A
(9)
+93%
(135)
-1 326%
(164)
-21%
(8)
+95%
(171)
-2 176%
174
N/A
322
+85%
287
-11%
287
+0%
Net Income
Tax Provision
(209)
(218)
(108)
(100)
(42)
(15)
(96)
(85)
(82)
(113)
(131)
(144)
(128)
(81)
(47)
(27)
(29)
(37)
(211)
(220)
(227)
(235)
(86)
(67)
(106)
(124)
(103)
(136)
(76)
(5)
45
115
81
118
146
118
177
89
25
19
(3)
Income from Continuing Operations
698
797
793
774
621
513
490
477
420
532
587
574
484
314
202
119
115
124
98
168
314
358
434
768
836
926
892
633
474
295
178
(28)
71
(17)
(18)
111
6
263
347
306
284
Income to Minority Interest
(151)
(182)
(148)
(122)
(51)
(26)
(40)
(36)
(13)
(16)
(14)
(21)
(31)
(24)
(18)
(14)
(5)
(15)
(21)
(18)
(17)
(8)
(23)
(23)
(70)
(94)
(112)
(135)
(89)
(61)
(18)
5
(5)
(17)
(39)
(45)
(48)
(57)
(54)
(53)
(39)
Net Income (Common)
547
N/A
616
+13%
645
+5%
652
+1%
570
-13%
487
-15%
450
-8%
442
-2%
407
-8%
517
+27%
574
+11%
553
-4%
453
-18%
290
-36%
184
-37%
105
-43%
110
+5%
109
-1%
77
-29%
149
+93%
297
+99%
350
+18%
411
+17%
746
+81%
766
+3%
832
+9%
780
-6%
498
-36%
385
-23%
235
-39%
160
-32%
(23)
N/A
66
N/A
(33)
N/A
(57)
-72%
65
N/A
(43)
N/A
207
N/A
293
+42%
253
-14%
245
-3%
EPS (Diluted)
0.79
N/A
0.89
+13%
0.94
+6%
0.95
+1%
0.84
-12%
0.72
-14%
0.66
-8%
0.65
-2%
0.59
-9%
0.75
+27%
0.84
+12%
0.81
-4%
0.67
-17%
0.43
-36%
0.27
-37%
0.15
-44%
0.16
+7%
0.16
N/A
0.11
-31%
0.23
+109%
0.44
+91%
0.52
+18%
0.6
+15%
1.09
+82%
1.12
+3%
1.21
+8%
1.14
-6%
0.72
-37%
0.46
-36%
0.28
-39%
0.2
-29%
-0.03
N/A
0.08
N/A
-0.04
N/A
-0.07
-75%
0.08
N/A
-0.05
N/A
0.25
N/A
0.35
+40%
0.24
-31%
0.23
-4%

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