Income Statement | | | | | | | | | | | | | |
| | | | | | | | | | | | Original | |
CNY | Fiscal Year Ending | | Latest | |
(in millions) | Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | | Jun-24 | |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | |
| | | | | | | | | | | | | |
Net Revenue | 4,260 | 4,641 | 5,481 | 5,557 | 6,310 | 7,513 | 7,974 | 7,828 | 8,134 | 8,021 | | 7,948 | |
% Growth | NA | 8.9% | 18.1% | 1.4% | 13.5% | 19.1% | 6.1% | -1.8% | 3.9% | -1.4% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | (95) | (99) | (161) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
General and Admin | (1,869) | (2,108) | (2,452) | (2,812) | (2,974) | (3,272) | (3,373) | (3,615) | (3,664) | (3,789) | | (3,709) | |
Other Exp / (Inc) | (401) | (516) | (203) | (103) | (33) | (150) | (246) | (23) | (170) | (194) | | (335) | |
Total Operating Exp | (2,364) | (2,723) | (2,817) | (2,915) | (3,007) | (3,422) | (3,618) | (3,638) | (3,835) | (3,983) | | (4,044) | |
| | | | | | | | | | | | | |
Operating Income | 1,896 | 1,918 | 2,665 | 2,642 | 3,303 | 4,091 | 4,355 | 4,190 | 4,299 | 4,037 | | 3,904 | |
% Revenue | 44.5% | 41.3% | 48.6% | 47.5% | 52.3% | 54.5% | 54.6% | 53.5% | 52.9% | 50.3% | | 49.1% | |
| | | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Pre-tax Income | 1,896 | 1,918 | 2,665 | 2,642 | 3,303 | 4,091 | 4,355 | 4,190 | 4,299 | 4,037 | | 3,904 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Provision for Taxes | (474) | (477) | (496) | (387) | (426) | (528) | (685) | (485) | (470) | (384) | | (335) | |
Net Income to Company | 1,422 | 1,441 | 2,168 | 2,255 | 2,877 | 3,564 | 3,671 | 3,706 | 3,829 | 3,653 | | 3,569 | |
% Margin | 33.4% | 31.0% | 39.6% | 40.6% | 45.6% | 47.4% | 46.0% | 47.3% | 47.1% | 45.5% | | 44.9% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | | | | | | | | | | | | 0 | |
Net Income to Stockholders | 1,422 | 1,441 | 2,168 | 2,255 | 2,877 | 3,564 | 3,671 | 3,706 | 3,829 | 3,653 | | 3,569 | |
| | | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (113) | | (113) | |
| | | | | | | | | | | | | |
Net Income to Common | 1,422 | 1,441 | 2,168 | 2,255 | 2,877 | 3,564 | 3,671 | 3,706 | 3,829 | 3,541 | | 3,457 | |
% Margin | 33.4% | 31.0% | 39.6% | 40.6% | 45.6% | 47.4% | 46.0% | 47.3% | 47.1% | 44.1% | | 43.5% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 0.00 | 0.17 | 0.22 | 0.20 | 0.24 | 0.29 | 0.25 | 0.25 | 0.26 | 0.24 | | 0.24 | |
Diluted EPS (Continuing Ops) | 0.00 | 0.17 | 0.22 | 0.20 | 0.24 | 0.29 | 0.25 | 0.25 | 0.26 | 0.24 | | 0.24 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 0 | 8,622 | 9,661 | 11,263 | 12,107 | 12,400 | 14,588 | 14,588 | 14,588 | 14,588 | | 14,588 | |
WA Diluted Shares Out. | 0 | 8,622 | 9,661 | 11,263 | 12,107 | 12,400 | 14,588 | 14,588 | 14,588 | 14,588 | | 14,588 | |
| | | | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 13 | 4 | (2) | 30 | 34 | 19 | 105 | (83) | (2) | 13 | | 14 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | (67) | (19) | (42) | (9) | 0 | 0 | | 143 | |
Total Unusual Items | 13 | 4 | (2) | 30 | (33) | (0) | 63 | (92) | (2) | 13 | | 157 | |
% Margin | 0.3% | 0.1% | 0.0% | 0.5% | -0.5% | 0.0% | 0.8% | -1.2% | 0.0% | 0.2% | | 2.0% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 1,422 | 1,441 | 2,168 | 2,255 | 2,877 | 3,564 | 3,671 | 3,706 | 3,829 | 3,653 | | 3,569 | |
Addback: Unusual Items | 0 | 0 | 0 | 0 | (67) | (19) | (42) | (9) | 0 | 0 | | 143 | |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 17 | 5 | 11 | 2 | 0 | 0 | | (37) | |
Adjusted Net Income | 1,422 | 1,441 | 2,168 | 2,255 | 2,827 | 3,549 | 3,640 | 3,699 | 3,829 | 3,653 | | 3,675 | |
% Margin | 33.4% | 31.0% | 39.6% | 40.6% | 44.8% | 47.2% | 45.6% | 47.3% | 47.1% | 45.5% | | 46.2% | |