1851 Income Statement - TTM - China Gingko Education Group Company Limited

Income Statement (TTM)

China Gingko Education Group Company Limited Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	170	177	190	204	215	227	239	252	269	286	311	336	346	355	364	373	373	373	376	379
Change (%)		4.13	7.68	7.14	5.55	5.26	5.62	5.32	6.74	6.31	8.76	8.06	2.75	2.68	2.51	2.45	0.00	0.00	0.85	0.84
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	98	101	108	116	119	123	122	122	123	124	131	137	140	142	144	146	154	163	168	174
Change (%)		2.66	7.45	6.93	3.02	2.93	-0.34	-0.34	0.81	0.80	5.40	5.13	1.60	1.57	1.33	1.31	5.91	5.58	3.38	3.27
% of Revenue	57.79	56.98	56.85	56.75	55.39	54.17	51.11	48.37	45.68	43.31	41.97	40.84	40.38	39.95	39.48	39.04	41.35	43.66	44.76	45.84

Gross Operating Profit	72	76	82	88	96	104	117	130	146	162	181	199	206	213	220	227	219	210	208	205
Change (%)		6.14	8.00	7.40	8.86	8.14	12.66	11.23	12.29	10.94	11.33	10.18	3.54	3.42	3.30	3.19	-3.79	-3.94	-1.11	-1.13
% of Revenue	42.21	43.02	43.15	43.25	44.61	45.83	48.89	51.63	54.32	56.69	58.03	59.16	59.62	60.05	60.52	60.96	58.65	56.34	55.24	54.16

SG&A	49	53	54	55	55	55	55	55	56	57	58	59	58	56	56	55	57	59	59	59
Change (%)		7.56	2.54	2.48	0.17	0.17	-0.67	-0.68	2.27	2.22	1.99	1.95	-2.56	-2.62	-0.87	-0.88	3.53	3.41	-0.31	-0.31
% of Revenue	28.74	29.69	28.27	27.04	25.66	24.42	22.97	21.66	20.75	19.95	18.71	17.66	16.74	15.88	15.36	14.86	15.38	15.91	15.72	15.54

R&D
Change (%)
% of Revenue

OpEx	145	151	161	172	174	177	174	171	174	177	185	193	193	193	194	196	207	217	224	230
Change (%)		4.24	6.81	6.38	1.49	1.46	-1.63	-1.66	1.70	1.67	4.59	4.39	-0.10	-0.10	0.75	0.74	5.62	5.32	2.94	2.86
% of Revenue	85.29	85.39	84.70	84.10	80.86	77.95	72.59	67.78	64.58	61.76	59.40	57.38	55.79	54.28	53.35	52.46	55.41	58.36	59.57	60.76

Operating Income	25	26	29	32	41	50	66	81	95	109	126	143	153	162	170	177	166	155	152	149
Change (%)		3.47	12.77	11.32	27.04	21.28	31.26	23.81	17.33	14.77	15.50	13.42	6.58	6.18	4.60	4.40	-6.20	-6.61	-2.08	-2.13
% of Revenue	14.71	14.61	15.30	15.90	19.14	22.05	27.41	32.22	35.42	38.24	40.60	42.62	44.21	45.72	46.65	47.54	44.59	41.64	40.43	39.24

Interest Expense	-3	-5	-8	-10	-10	-10	-11	-12	-20	-29	-31	-33	-24	-16	-11	-7	-5	-3	-3	-3
Change (%)		58.23	43.14	30.14	-0.93	-0.93	11.34	10.18	73.63	42.41	6.51	6.11	-26.28	-35.65	-28.31	-39.49	-24.31	-32.12	-11.62	-13.15
% of Revenue	-1.95	-2.97	-3.95	-4.79	-4.50	-4.23	-4.46	-4.67	-7.60	-10.18	-9.96	-9.79	-7.02	-4.40	-3.08	-1.82	-1.38	-0.93	-0.82	-0.70

Net Income	23	17	18	19	29	39	53	68	76	85	100	115	132	148	160	172	163	153	150	147
Change (%)		-27.68	5.88	5.55	52.23	34.31	37.49	27.27	12.79	11.34	17.87	15.16	14.15	12.39	8.26	7.63	-5.59	-5.92	-2.07	-2.12
% of Revenue	13.78	9.57	9.41	9.27	13.37	17.06	22.21	26.84	28.36	29.70	32.19	34.30	38.11	41.72	44.06	46.29	43.70	41.11	39.92	38.75

Source: Capital IQ

China Gingko Education Group Company Limited - Income Statement (TTM)

Income Statement (TTM)