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Hangzhou Changchuan Technology Co Ltd
SZSE:300604

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Hangzhou Changchuan Technology Co Ltd
SZSE:300604
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Price: 45.92 CNY -6.38% Market Closed
Market Cap: 28.8B CNY
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Income Statement

Earnings Waterfall
Hangzhou Changchuan Technology Co Ltd

Revenue
2.5B CNY
Cost of Revenue
-1.1B CNY
Gross Profit
1.4B CNY
Operating Expenses
-1.2B CNY
Operating Income
250.5m CNY
Other Expenses
-11m CNY
Net Income
239.6m CNY

Income Statement
Hangzhou Changchuan Technology Co Ltd

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Income Statement
Currency: CNY
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
124
N/A
131
+5%
144
+10%
165
+14%
180
+9%
205
+14%
230
+12%
253
+10%
216
-14%
213
-1%
203
-5%
247
+22%
399
+62%
469
+18%
615
+31%
697
+13%
804
+15%
985
+23%
1 159
+18%
1 372
+18%
1 511
+10%
1 754
+16%
2 026
+16%
2 196
+8%
2 577
+17%
2 359
-8%
2 150
-9%
2 032
-6%
1 775
-13%
2 014
+13%
2 541
+26%
Gross Profit
Cost of Revenue
(51)
(56)
(64)
(72)
(78)
(87)
(95)
(108)
(97)
(100)
(103)
(128)
(198)
(237)
(310)
(347)
(413)
(486)
(559)
(680)
(754)
(854)
(955)
(1 029)
(1 163)
(1 021)
(946)
(840)
(816)
(890)
(1 134)
Gross Profit
74
N/A
75
+2%
80
+7%
93
+16%
102
+10%
118
+16%
135
+15%
145
+7%
119
-18%
113
-5%
100
-12%
119
+20%
201
+68%
233
+16%
306
+31%
349
+14%
391
+12%
500
+28%
600
+20%
693
+15%
758
+9%
900
+19%
1 072
+19%
1 167
+9%
1 413
+21%
1 337
-5%
1 204
-10%
1 192
-1%
959
-20%
1 124
+17%
1 407
+25%
Operating Income
Operating Expenses
(48)
(48)
(46)
(47)
(52)
(61)
(77)
(92)
(92)
(95)
(102)
(127)
(193)
(246)
(303)
(327)
(308)
(370)
(413)
(475)
(538)
(616)
(710)
(784)
(927)
(1 001)
(1 026)
(1 091)
(980)
(1 099)
(1 156)
Selling, General & Administrative
(22)
(46)
(53)
(49)
(38)
(63)
(77)
(83)
(53)
(70)
(54)
(72)
(109)
(138)
(166)
(178)
(171)
(197)
(224)
(240)
(254)
(282)
(302)
(341)
(391)
(419)
(420)
(433)
(373)
(397)
(442)
Research & Development
(25)
0
0
(10)
(35)
0
0
(29)
(59)
(51)
(75)
(84)
(103)
(127)
(154)
(175)
(182)
(209)
(241)
(282)
(319)
(386)
(465)
(549)
(624)
(700)
(712)
(721)
(688)
(725)
(773)
Depreciation & Amortization
(1)
0
0
0
(2)
0
0
0
(3)
0
0
0
(12)
0
0
0
(18)
0
0
0
(29)
0
0
0
(40)
0
0
0
(56)
0
0
Other Operating Expenses
0
(3)
8
12
23
2
(0)
20
24
26
27
29
30
19
17
26
62
36
51
46
64
51
56
107
129
117
105
62
138
23
59
Operating Income
26
N/A
27
+4%
34
+29%
46
+32%
50
+9%
57
+15%
58
+3%
53
-10%
27
-48%
18
-33%
(2)
N/A
(8)
-239%
7
N/A
(13)
N/A
3
N/A
23
+707%
82
+265%
129
+57%
187
+44%
217
+16%
219
+1%
284
+29%
362
+27%
383
+6%
486
+27%
336
-31%
178
-47%
101
-43%
(21)
N/A
25
N/A
251
+900%
Pre-Tax Income
Interest Income Expense
2
2
3
3
4
6
7
6
7
5
6
4
15
22
20
10
(10)
(15)
(16)
(2)
4
(1)
12
27
12
4
(2)
(20)
(8)
1
(7)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
(19)
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
75
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
Total Other Income
19
19
10
7
0
(5)
0
0
0
0
0
0
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
0
0
0
(0)
(0)
81
81
(0)
80
(1)
Pre-Tax Income
47
N/A
48
+3%
47
-2%
56
+17%
54
-3%
59
+8%
65
+11%
59
-10%
34
-42%
23
-32%
3
-86%
(4)
N/A
4
N/A
9
+118%
22
+164%
32
+43%
73
+126%
115
+58%
171
+49%
216
+26%
223
+4%
283
+26%
373
+32%
410
+10%
499
+22%
339
-32%
257
-24%
162
-37%
46
-72%
107
+132%
244
+127%
Net Income
Tax Provision
(6)
(5)
(3)
(3)
(4)
(5)
(7)
(2)
2
6
9
9
8
7
15
14
12
11
(18)
(28)
(1)
(18)
4
8
(18)
(1)
(4)
(4)
14
11
19
Income from Continuing Operations
41
43
45
53
50
54
58
57
37
29
13
6
12
16
37
46
85
126
154
188
222
264
377
418
480
339
253
158
61
119
264
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(1)
(6)
(9)
(4)
(19)
(4)
(4)
(19)
(6)
(16)
(22)
(15)
(12)
(24)
Net Income (Common)
41
N/A
43
+3%
45
+5%
53
+18%
50
-5%
54
+7%
58
+9%
57
-2%
37
-36%
29
-19%
13
-57%
6
-56%
12
+116%
16
+34%
37
+134%
46
+24%
85
+84%
125
+47%
148
+19%
179
+21%
218
+22%
245
+12%
374
+53%
414
+11%
461
+11%
333
-28%
236
-29%
137
-42%
45
-67%
106
+136%
240
+125%
EPS (Diluted)
0.2
N/A
0.2
N/A
0.2
N/A
0.19
-5%
0.34
+79%
0.19
-44%
0.21
+11%
0.2
-5%
0.13
-35%
0.1
-23%
0.04
-60%
0.01
-75%
0.04
+300%
0.04
N/A
0.11
+175%
0.14
+27%
0.27
+93%
0.4
+48%
0.24
-40%
0.31
+29%
0.36
+16%
0.41
+14%
0.63
+54%
0.69
+10%
0.75
+9%
0.58
-23%
0.36
-38%
0.22
-39%
0.07
-68%
0.15
+114%
0.37
+147%

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