Beijing VRV Software Corp Ltd
SZSE:300352
Income Statement
Earnings Waterfall
Beijing VRV Software Corp Ltd
Income Statement
Beijing VRV Software Corp 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
2
|
3
|
4
|
5
|
4
|
3
|
5
|
0
|
6
|
7
|
7
|
9
|
8
|
9
|
9
|
9
|
10
|
10
|
10
|
10
|
9
|
8
|
0
|
0
|
|
| Revenue |
95
N/A
|
190
+101%
|
211
+11%
|
186
-12%
|
201
+8%
|
228
+14%
|
238
+4%
|
250
+5%
|
262
+5%
|
263
+0%
|
268
+2%
|
282
+5%
|
290
+3%
|
470
+62%
|
486
+3%
|
507
+4%
|
528
+4%
|
492
-7%
|
496
+1%
|
519
+5%
|
547
+6%
|
515
-6%
|
539
+5%
|
542
+1%
|
540
0%
|
572
+6%
|
596
+4%
|
673
+13%
|
789
+17%
|
722
-8%
|
722
+0%
|
690
-4%
|
702
+2%
|
641
-9%
|
616
-4%
|
715
+16%
|
698
-2%
|
675
-3%
|
720
+7%
|
567
-21%
|
581
+2%
|
543
-7%
|
566
+4%
|
631
+12%
|
555
-12%
|
683
+23%
|
660
-3%
|
596
-10%
|
583
-2%
|
517
-11%
|
448
-13%
|
391
-13%
|
255
-35%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(14)
|
(25)
|
(25)
|
(18)
|
(21)
|
(47)
|
(54)
|
(57)
|
(55)
|
(32)
|
(38)
|
(45)
|
(55)
|
(215)
|
(223)
|
(227)
|
(228)
|
(183)
|
(182)
|
(203)
|
(230)
|
(163)
|
(179)
|
(166)
|
(151)
|
(155)
|
(174)
|
(207)
|
(274)
|
(257)
|
(265)
|
(257)
|
(218)
|
(208)
|
(207)
|
(238)
|
(256)
|
(275)
|
(302)
|
(277)
|
(291)
|
(233)
|
(245)
|
(257)
|
(182)
|
(172)
|
(166)
|
(157)
|
(165)
|
(229)
|
(233)
|
(188)
|
(166)
|
|
| Gross Profit |
81
N/A
|
165
+105%
|
185
+12%
|
168
-10%
|
180
+7%
|
181
+1%
|
184
+2%
|
193
+5%
|
207
+7%
|
231
+12%
|
230
0%
|
237
+3%
|
236
0%
|
256
+8%
|
263
+3%
|
280
+7%
|
300
+7%
|
310
+3%
|
313
+1%
|
316
+1%
|
318
+1%
|
352
+11%
|
360
+2%
|
376
+4%
|
389
+3%
|
418
+7%
|
422
+1%
|
466
+10%
|
515
+10%
|
465
-10%
|
457
-2%
|
433
-5%
|
485
+12%
|
433
-11%
|
409
-6%
|
477
+17%
|
443
-7%
|
400
-10%
|
418
+5%
|
290
-31%
|
290
0%
|
310
+7%
|
321
+4%
|
375
+17%
|
373
0%
|
510
+37%
|
494
-3%
|
439
-11%
|
418
-5%
|
287
-31%
|
215
-25%
|
204
-5%
|
89
-57%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(73)
|
(110)
|
(111)
|
(117)
|
(128)
|
(139)
|
(143)
|
(151)
|
(165)
|
(176)
|
(179)
|
(186)
|
(182)
|
(205)
|
(214)
|
(220)
|
(241)
|
(245)
|
(252)
|
(256)
|
(261)
|
(278)
|
(279)
|
(291)
|
(297)
|
(337)
|
(340)
|
(378)
|
(398)
|
(452)
|
(444)
|
(415)
|
(453)
|
(420)
|
(432)
|
(462)
|
(495)
|
(900)
|
(908)
|
(883)
|
(811)
|
(543)
|
(554)
|
(548)
|
(597)
|
(500)
|
(488)
|
(519)
|
(476)
|
(442)
|
(441)
|
(394)
|
(373)
|
|
| Selling, General & Administrative |
(71)
|
(77)
|
(104)
|
(109)
|
(118)
|
(99)
|
(130)
|
(137)
|
(148)
|
(133)
|
(155)
|
(158)
|
(154)
|
(156)
|
(181)
|
(187)
|
(200)
|
(181)
|
(215)
|
(225)
|
(216)
|
(225)
|
(227)
|
(239)
|
(234)
|
(271)
|
(219)
|
(250)
|
(291)
|
(355)
|
(393)
|
(365)
|
(401)
|
(339)
|
(348)
|
(385)
|
(418)
|
(793)
|
(797)
|
(776)
|
(709)
|
(420)
|
(440)
|
(430)
|
(462)
|
(345)
|
(347)
|
(368)
|
(333)
|
(298)
|
(316)
|
(279)
|
(260)
|
|
| Research & Development |
0
|
(22)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
(15)
|
(60)
|
0
|
0
|
(27)
|
(66)
|
(56)
|
(84)
|
(81)
|
(87)
|
(86)
|
(82)
|
(87)
|
(88)
|
(130)
|
(127)
|
(129)
|
(123)
|
(152)
|
(160)
|
(151)
|
(110)
|
(143)
|
(141)
|
(155)
|
(129)
|
(161)
|
(168)
|
(156)
|
(96)
|
(126)
|
(119)
|
(121)
|
|
| Depreciation & Amortization |
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(2)
|
(7)
|
(7)
|
(8)
|
(10)
|
0
|
(13)
|
(14)
|
(16)
|
(0)
|
(24)
|
(28)
|
(28)
|
(0)
|
(33)
|
(33)
|
(41)
|
(0)
|
(37)
|
(32)
|
(31)
|
22
|
(52)
|
(52)
|
(37)
|
21
|
(65)
|
(44)
|
(27)
|
19
|
36
|
33
|
35
|
39
|
46
|
50
|
52
|
66
|
41
|
54
|
50
|
41
|
28
|
23
|
19
|
24
|
20
|
16
|
13
|
10
|
1
|
4
|
7
|
|
| Operating Income |
8
N/A
|
55
+601%
|
74
+34%
|
51
-31%
|
53
+3%
|
42
-20%
|
42
0%
|
42
+1%
|
42
+0%
|
55
+30%
|
51
-7%
|
50
-2%
|
53
+6%
|
50
-6%
|
49
-3%
|
59
+21%
|
59
-1%
|
65
+10%
|
62
-4%
|
60
-3%
|
57
-5%
|
74
+31%
|
81
+10%
|
86
+5%
|
92
+7%
|
80
-12%
|
82
+2%
|
88
+7%
|
117
+33%
|
13
-89%
|
13
+1%
|
19
+39%
|
32
+71%
|
13
-59%
|
(24)
N/A
|
15
N/A
|
(52)
N/A
|
(500)
-858%
|
(490)
+2%
|
(592)
-21%
|
(521)
+12%
|
(233)
+55%
|
(234)
0%
|
(173)
+26%
|
(224)
-30%
|
10
N/A
|
6
-44%
|
(80)
N/A
|
(58)
+27%
|
(155)
-165%
|
(226)
-46%
|
(190)
+16%
|
(285)
-50%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
3
|
3
|
4
|
4
|
7
|
8
|
8
|
10
|
9
|
10
|
10
|
8
|
6
|
6
|
6
|
3
|
4
|
4
|
13
|
19
|
24
|
25
|
22
|
18
|
12
|
10
|
4
|
2
|
3
|
1
|
1
|
3
|
8
|
9
|
10
|
7
|
2
|
(17)
|
(16)
|
(13)
|
3
|
(2)
|
(7)
|
(11)
|
(6)
|
(5)
|
(6)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
|
| Non-Reccuring Items |
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
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(37)
|
0
|
(20)
|
(20)
|
(5)
|
0
|
0
|
0
|
(4)
|
1
|
1
|
1
|
(5)
|
1
|
1
|
1
|
|
| 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
|
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
|
0
|
|
| Total Other Income |
6
|
10
|
6
|
11
|
11
|
19
|
19
|
17
|
17
|
10
|
12
|
16
|
16
|
21
|
22
|
19
|
19
|
18
|
23
|
11
|
10
|
(1)
|
(7)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(5)
|
0
|
(4)
|
(11)
|
(12)
|
(1)
|
0
|
7
|
12
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
15
N/A
|
68
+353%
|
82
+21%
|
66
-20%
|
67
+2%
|
68
+1%
|
68
+0%
|
66
-3%
|
69
+5%
|
74
+7%
|
72
-2%
|
76
+5%
|
77
+2%
|
78
+1%
|
77
-1%
|
84
+9%
|
81
-3%
|
86
+7%
|
88
+2%
|
84
-4%
|
86
+2%
|
98
+14%
|
100
+2%
|
106
+7%
|
107
+1%
|
89
-17%
|
91
+2%
|
91
+0%
|
118
+29%
|
16
-87%
|
14
-12%
|
18
+32%
|
30
+63%
|
11
-63%
|
(19)
N/A
|
14
N/A
|
(57)
N/A
|
(536)
-845%
|
(506)
+6%
|
(621)
-23%
|
(542)
+13%
|
(235)
+57%
|
(236)
0%
|
(181)
+23%
|
(236)
-30%
|
0
N/A
|
1
+63%
|
(85)
N/A
|
(67)
+21%
|
(170)
-154%
|
(235)
-38%
|
(198)
+16%
|
(293)
-47%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(8)
|
(8)
|
(5)
|
(5)
|
(0)
|
(0)
|
(1)
|
(1)
|
(6)
|
(4)
|
(5)
|
(6)
|
(7)
|
(6)
|
(10)
|
(8)
|
(6)
|
(7)
|
(4)
|
(4)
|
(8)
|
(9)
|
(9)
|
(8)
|
(4)
|
(3)
|
(3)
|
(5)
|
5
|
7
|
4
|
(2)
|
8
|
12
|
8
|
12
|
88
|
82
|
95
|
93
|
47
|
47
|
42
|
44
|
5
|
5
|
20
|
22
|
23
|
32
|
19
|
25
|
|
| Income from Continuing Operations |
13
|
60
|
74
|
62
|
62
|
68
|
68
|
65
|
69
|
68
|
68
|
71
|
72
|
71
|
71
|
74
|
73
|
80
|
80
|
80
|
82
|
90
|
91
|
97
|
100
|
85
|
88
|
88
|
113
|
20
|
21
|
23
|
28
|
19
|
(7)
|
21
|
(45)
|
(448)
|
(425)
|
(527)
|
(449)
|
(188)
|
(189)
|
(139)
|
(192)
|
5
|
5
|
(65)
|
(45)
|
(148)
|
(203)
|
(179)
|
(268)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
2
|
3
|
4
|
4
|
7
|
3
|
6
|
10
|
8
|
12
|
8
|
5
|
1
|
1
|
0
|
0
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
4
|
|
| Net Income (Common) |
13
N/A
|
60
+349%
|
74
+24%
|
62
-17%
|
62
+1%
|
68
+9%
|
68
+0%
|
65
-4%
|
69
+6%
|
68
-1%
|
68
N/A
|
71
+4%
|
72
+1%
|
71
-2%
|
71
+0%
|
74
+5%
|
73
-2%
|
80
+10%
|
81
+0%
|
81
+0%
|
83
+3%
|
92
+10%
|
92
+0%
|
98
+7%
|
100
+2%
|
86
-14%
|
89
+3%
|
89
+0%
|
114
+28%
|
22
-80%
|
24
+5%
|
26
+11%
|
32
+23%
|
26
-20%
|
(4)
N/A
|
28
N/A
|
(35)
N/A
|
(440)
-1 150%
|
(413)
+6%
|
(518)
-26%
|
(444)
+14%
|
(188)
+58%
|
(188)
0%
|
(139)
+26%
|
(192)
-38%
|
7
N/A
|
7
+12%
|
(63)
N/A
|
(43)
+32%
|
(145)
-238%
|
(201)
-39%
|
(176)
+12%
|
(263)
-49%
|
|
| EPS (Diluted) |
0.01
N/A
|
0.06
+500%
|
0.11
+83%
|
0.05
-55%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.06
+20%
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.07
+17%
|
0.08
+14%
|
0.08
N/A
|
0.06
-25%
|
0.07
+17%
|
0.07
N/A
|
0.08
+14%
|
0.02
-75%
|
0.01
-50%
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0
N/A
|
0.02
N/A
|
-0.03
N/A
|
-0.3
-900%
|
-0.28
+7%
|
-0.36
-29%
|
-0.31
+14%
|
-0.13
+58%
|
-0.13
N/A
|
-0.1
+23%
|
-0.13
-30%
|
0
N/A
|
0.01
N/A
|
-0.04
N/A
|
-0.03
+25%
|
-0.1
-233%
|
-0.14
-40%
|
-0.12
+14%
|
-0.18
-50%
|
|