Kaiyuan Education Technology Group Co Ltd
SZSE:300338
Income Statement
Earnings Waterfall
Kaiyuan Education Technology Group Co Ltd
Income Statement
Kaiyuan Education Technology Group Co Ltd
| Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | 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 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
7
|
21
|
0
|
0
|
14
|
50
|
43
|
59
|
59
|
58
|
50
|
40
|
32
|
27
|
25
|
28
|
40
|
30
|
34
|
0
|
8
|
10
|
6
|
8
|
8
|
8
|
10
|
14
|
16
|
13
|
19
|
0
|
0
|
|
| Revenue |
211
N/A
|
302
+43%
|
292
-3%
|
271
-7%
|
269
-1%
|
282
+5%
|
285
+1%
|
302
+6%
|
320
+6%
|
307
-4%
|
309
+1%
|
263
-15%
|
237
-10%
|
283
+19%
|
296
+5%
|
322
+9%
|
344
+7%
|
341
-1%
|
359
+5%
|
515
+43%
|
720
+40%
|
981
+36%
|
1 131
+15%
|
1 266
+12%
|
1 377
+9%
|
1 454
+6%
|
1 574
+8%
|
1 667
+6%
|
1 681
+1%
|
1 489
-11%
|
1 272
-15%
|
1 049
-18%
|
952
-9%
|
850
-11%
|
929
+9%
|
1 018
+10%
|
1 004
-1%
|
931
-7%
|
883
-5%
|
699
-21%
|
571
-18%
|
659
+15%
|
596
-9%
|
568
-5%
|
487
-14%
|
341
-30%
|
272
-20%
|
224
-17%
|
189
-16%
|
171
-9%
|
167
-2%
|
149
-11%
|
144
-3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(99)
|
(141)
|
(139)
|
(132)
|
(133)
|
(133)
|
(139)
|
(143)
|
(149)
|
(143)
|
(146)
|
(129)
|
(117)
|
(154)
|
(164)
|
(180)
|
(195)
|
(203)
|
(193)
|
(224)
|
(287)
|
(345)
|
(408)
|
(435)
|
(438)
|
(441)
|
(460)
|
(466)
|
(470)
|
(370)
|
(365)
|
(339)
|
(320)
|
(358)
|
(383)
|
(407)
|
(425)
|
(418)
|
(401)
|
(370)
|
(313)
|
(251)
|
(211)
|
(175)
|
(152)
|
(114)
|
(94)
|
(81)
|
(70)
|
(66)
|
(67)
|
(68)
|
(72)
|
|
| Gross Profit |
112
N/A
|
161
+44%
|
153
-5%
|
139
-9%
|
136
-3%
|
149
+10%
|
146
-2%
|
159
+9%
|
171
+8%
|
165
-4%
|
163
-1%
|
134
-18%
|
120
-11%
|
129
+8%
|
132
+3%
|
142
+7%
|
149
+5%
|
138
-8%
|
167
+21%
|
291
+75%
|
433
+49%
|
636
+47%
|
723
+14%
|
830
+15%
|
939
+13%
|
1 013
+8%
|
1 114
+10%
|
1 201
+8%
|
1 211
+1%
|
1 120
-8%
|
908
-19%
|
710
-22%
|
632
-11%
|
492
-22%
|
546
+11%
|
611
+12%
|
578
-5%
|
513
-11%
|
482
-6%
|
329
-32%
|
258
-22%
|
408
+58%
|
385
-5%
|
393
+2%
|
336
-15%
|
227
-32%
|
178
-22%
|
143
-19%
|
119
-17%
|
104
-12%
|
100
-4%
|
81
-19%
|
72
-11%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(68)
|
(103)
|
(98)
|
(100)
|
(104)
|
(115)
|
(111)
|
(117)
|
(122)
|
(125)
|
(126)
|
(125)
|
(126)
|
(137)
|
(141)
|
(148)
|
(146)
|
(147)
|
(164)
|
(222)
|
(292)
|
(410)
|
(481)
|
(577)
|
(694)
|
(772)
|
(896)
|
(997)
|
(1 040)
|
(1 065)
|
(1 605)
|
(1 526)
|
(1 488)
|
(904)
|
(1 280)
|
(1 344)
|
(1 340)
|
(939)
|
(898)
|
(768)
|
(604)
|
(391)
|
(341)
|
(272)
|
(293)
|
(236)
|
(398)
|
(370)
|
(340)
|
(228)
|
(240)
|
(251)
|
(243)
|
|
| Selling, General & Administrative |
(65)
|
(78)
|
(93)
|
(96)
|
(100)
|
(85)
|
(107)
|
(114)
|
(117)
|
(92)
|
(121)
|
(118)
|
(119)
|
(99)
|
(123)
|
(129)
|
(129)
|
(104)
|
(149)
|
(214)
|
(285)
|
(342)
|
(486)
|
(578)
|
(667)
|
(650)
|
(785)
|
(873)
|
(933)
|
(948)
|
(961)
|
(884)
|
(836)
|
(792)
|
(857)
|
(915)
|
(917)
|
(762)
|
(777)
|
(659)
|
(500)
|
(297)
|
(276)
|
(206)
|
(228)
|
(183)
|
(199)
|
(175)
|
(147)
|
(190)
|
(199)
|
(199)
|
(193)
|
|
| Research & Development |
0
|
(20)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
(22)
|
(77)
|
(72)
|
(82)
|
(71)
|
(54)
|
(69)
|
(77)
|
(90)
|
(44)
|
(65)
|
(63)
|
(53)
|
(52)
|
(66)
|
(58)
|
(53)
|
(24)
|
(31)
|
(28)
|
(27)
|
(15)
|
(24)
|
(20)
|
(18)
|
(9)
|
(14)
|
(12)
|
(10)
|
|
| Depreciation & Amortization |
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(104)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(4)
|
(0)
|
(5)
|
(3)
|
(4)
|
(0)
|
(4)
|
(4)
|
(5)
|
(0)
|
(6)
|
(7)
|
(7)
|
(0)
|
(18)
|
(19)
|
(17)
|
(0)
|
(15)
|
(8)
|
(7)
|
12
|
5
|
1
|
(4)
|
16
|
(39)
|
(41)
|
(36)
|
4
|
(575)
|
(564)
|
(563)
|
7
|
(359)
|
(366)
|
(370)
|
(22)
|
(55)
|
(51)
|
(51)
|
(5)
|
(34)
|
(38)
|
(38)
|
(1)
|
(175)
|
(175)
|
(176)
|
(1)
|
(27)
|
(40)
|
(40)
|
|
| Operating Income |
44
N/A
|
58
+33%
|
55
-5%
|
40
-28%
|
32
-20%
|
34
+8%
|
35
+2%
|
42
+18%
|
49
+17%
|
40
-18%
|
37
-8%
|
9
-75%
|
(7)
N/A
|
(9)
-28%
|
(9)
-1%
|
(6)
+26%
|
4
N/A
|
(9)
N/A
|
3
N/A
|
69
+2 286%
|
141
+103%
|
226
+61%
|
242
+7%
|
254
+5%
|
245
-3%
|
242
-1%
|
218
-10%
|
204
-6%
|
171
-16%
|
54
-68%
|
(698)
N/A
|
(816)
-17%
|
(856)
-5%
|
(411)
+52%
|
(734)
-78%
|
(733)
+0%
|
(762)
-4%
|
(427)
+44%
|
(416)
+3%
|
(440)
-6%
|
(347)
+21%
|
17
N/A
|
45
+169%
|
121
+171%
|
42
-65%
|
(9)
N/A
|
(220)
-2 446%
|
(227)
-3%
|
(222)
+2%
|
(124)
+44%
|
(139)
-12%
|
(170)
-22%
|
(171)
0%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
1
|
2
|
4
|
7
|
8
|
8
|
10
|
8
|
6
|
6
|
5
|
5
|
4
|
3
|
1
|
1
|
1
|
(1)
|
(8)
|
(13)
|
(14)
|
(23)
|
(28)
|
(36)
|
(44)
|
(48)
|
(55)
|
(54)
|
(48)
|
(37)
|
(25)
|
(16)
|
(22)
|
(29)
|
(39)
|
(47)
|
(25)
|
(51)
|
(39)
|
(30)
|
(5)
|
(9)
|
(5)
|
(4)
|
(4)
|
14
|
13
|
12
|
(11)
|
(8)
|
7
|
9
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(4)
|
(1)
|
(3)
|
0
|
(52)
|
(3)
|
(2)
|
(0)
|
(588)
|
(11)
|
(11)
|
(10)
|
(386)
|
0
|
29
|
28
|
(48)
|
29
|
11
|
17
|
(24)
|
16
|
6
|
0
|
(181)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(0)
|
(0)
|
|
| 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)
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
3
|
7
|
7
|
15
|
13
|
13
|
13
|
8
|
10
|
11
|
14
|
14
|
15
|
13
|
11
|
13
|
11
|
14
|
18
|
9
|
9
|
2
|
(3)
|
4
|
4
|
(5)
|
(15)
|
(29)
|
(32)
|
(36)
|
(44)
|
(38)
|
(37)
|
(8)
|
(22)
|
(17)
|
(24)
|
(2)
|
(22)
|
37
|
136
|
69
|
68
|
8
|
(85)
|
(10)
|
(12)
|
(11)
|
(11)
|
(6)
|
(6)
|
(5)
|
(6)
|
|
| Pre-Tax Income |
45
N/A
|
66
+46%
|
64
-3%
|
59
-8%
|
51
-13%
|
55
+8%
|
55
+0%
|
59
+6%
|
66
+12%
|
57
-13%
|
57
N/A
|
29
-50%
|
13
-55%
|
5
-63%
|
6
+17%
|
8
+48%
|
16
+90%
|
6
-65%
|
20
+263%
|
71
+249%
|
137
+93%
|
210
+54%
|
216
+3%
|
226
+5%
|
213
-6%
|
141
-34%
|
152
+8%
|
118
-22%
|
85
-28%
|
(617)
N/A
|
(790)
-28%
|
(890)
-13%
|
(920)
-3%
|
(827)
+10%
|
(785)
+5%
|
(760)
+3%
|
(806)
-6%
|
(502)
+38%
|
(460)
+8%
|
(430)
+6%
|
(223)
+48%
|
56
N/A
|
120
+116%
|
130
+8%
|
(46)
N/A
|
(203)
-338%
|
(220)
-8%
|
(226)
-3%
|
(221)
+2%
|
(143)
+35%
|
(154)
-7%
|
(169)
-10%
|
(168)
+1%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(6)
|
(8)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(10)
|
(12)
|
(9)
|
(10)
|
(4)
|
(1)
|
(3)
|
(3)
|
(4)
|
(4)
|
(2)
|
(5)
|
(14)
|
(25)
|
(43)
|
(47)
|
(50)
|
(52)
|
(36)
|
(40)
|
(35)
|
(26)
|
(6)
|
6
|
41
|
47
|
41
|
51
|
32
|
28
|
40
|
35
|
23
|
10
|
(22)
|
(32)
|
(34)
|
(21)
|
(72)
|
(67)
|
(61)
|
(60)
|
(0)
|
0
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
39
|
58
|
56
|
52
|
44
|
47
|
47
|
49
|
53
|
48
|
48
|
24
|
12
|
2
|
3
|
4
|
12
|
4
|
16
|
57
|
112
|
167
|
169
|
176
|
161
|
105
|
112
|
84
|
59
|
(623)
|
(784)
|
(849)
|
(873)
|
(786)
|
(734)
|
(728)
|
(778)
|
(462)
|
(425)
|
(407)
|
(213)
|
33
|
88
|
95
|
(67)
|
(275)
|
(287)
|
(287)
|
(281)
|
(143)
|
(154)
|
(169)
|
(168)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
2
|
0
|
(1)
|
(4)
|
(7)
|
(5)
|
(6)
|
(8)
|
(7)
|
(8)
|
(13)
|
(16)
|
(12)
|
5
|
14
|
19
|
20
|
4
|
3
|
4
|
1
|
0
|
(0)
|
0
|
0
|
1
|
2
|
1
|
0
|
0
|
(1)
|
3
|
2
|
1
|
1
|
(1)
|
|
| Net Income (Common) |
39
N/A
|
58
+48%
|
57
-2%
|
52
-8%
|
45
-14%
|
48
+7%
|
48
+0%
|
50
+4%
|
54
+9%
|
49
-10%
|
49
+0%
|
26
-47%
|
14
-46%
|
4
-73%
|
4
+11%
|
5
+26%
|
13
+145%
|
6
-55%
|
16
+175%
|
56
+246%
|
108
+93%
|
160
+48%
|
164
+3%
|
170
+4%
|
153
-10%
|
99
-35%
|
104
+5%
|
71
-32%
|
44
-39%
|
(635)
N/A
|
(779)
-23%
|
(835)
-7%
|
(854)
-2%
|
(766)
+10%
|
(730)
+5%
|
(725)
+1%
|
(774)
-7%
|
(461)
+40%
|
(425)
+8%
|
(407)
+4%
|
(213)
+48%
|
34
N/A
|
88
+161%
|
98
+11%
|
(66)
N/A
|
(275)
-314%
|
(286)
-4%
|
(288)
-1%
|
(278)
+3%
|
(141)
+49%
|
(152)
-8%
|
(168)
-10%
|
(169)
-1%
|
|
| EPS (Diluted) |
0.15
N/A
|
0.23
+53%
|
0.22
-4%
|
0.2
-9%
|
0.18
-10%
|
0.19
+6%
|
0.2
+5%
|
0.21
+5%
|
0.22
+5%
|
0.19
-14%
|
0.19
N/A
|
0.1
-47%
|
0.06
-40%
|
0.02
-67%
|
0.02
N/A
|
0.02
N/A
|
0.05
+150%
|
0.02
-60%
|
0.06
+200%
|
0.19
+217%
|
0.31
+63%
|
0.49
+58%
|
0.5
+2%
|
0.5
N/A
|
0.45
-10%
|
0.29
-36%
|
0.31
+7%
|
0.22
-29%
|
0.14
-36%
|
-1.84
N/A
|
-2.26
-23%
|
-2.43
-8%
|
-2.48
-2%
|
-2.25
+9%
|
-2.13
+5%
|
-2.12
+0%
|
-2.26
-7%
|
-1.36
+40%
|
-1.26
+7%
|
-1.21
+4%
|
-0.64
+47%
|
0.1
N/A
|
0.26
+160%
|
0.25
-4%
|
-0.18
N/A
|
-0.73
-306%
|
-0.83
-14%
|
-0.62
+25%
|
-0.69
-11%
|
-0.35
+49%
|
-0.37
-6%
|
-0.42
-14%
|
-0.42
N/A
|
|