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Q&K International Group Limited (QK)
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Q&K International Group Limited Income Statement 2025-2011 | QK
Brief overview of financial performance at Q&K International Group Limited
This overview is based on financial performance over the past five years. The revenue attributed to Q&K International Group Limited moved from 1.2 billion yuan to 365 million yuan between the two endpoints. Overall revenue changed by −69.8%, equal to an annualized rate of about −21.3%. Revenue ended the period on a sustained downward trend.
The five-year change in gross profit reached +182.5%: from −9.7 million yuan to 8 million yuan. Direct costs broadly followed the top-line trend. Comparing the endpoints gives gross margins of −0.8% and 2.2%. A wider margin shows that the economics of the core business improved.
The operating result measured by EBITDA moved from 78 million yuan to −720 million yuan, or −1023.4%. EBITDA underperformed the top-line trend. EBITDA margin moved from 6.5% to −197.2%. A lower EBITDA share weakens the quality of the result.
Across the five years, the net result shifted from −1.5 billion yuan to −748 million yuan. The loss narrowed, although sustainable profitability has not yet returned.
What the figures show
Signs of deterioration dominate the five-year picture. The strongest signals are improving gross profitability and net-income growth. The main areas of concern are limited gross profitability, a low EBITDA margin and a declining EBITDA margin. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Q&K International Group Limited
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | - | - | - | 2.92 B | 179 M | - | - | - | - | - | - | - | - | - |
Shares |
50.3 B | 238 M | 28.1 M | 1.03 T | 1.46 B | 44.8 M | - | - | - | - | - | - | - | - | - |
Historical Prices |
- | - | - | - | 2.45 | 13.7 | 61 | - | - | - | - | - | - | - | - |
Net Income |
-748 M | -227 M | -71.3 M | 820 M | -569 M | -1.53 B | -498 M | -500 M | -245 M | - | - | - | - | - | - |
Revenue |
365 M | 288 M | - | - | 1.04 B | 1.21 B | 1.23 B | 890 M | 523 M | - | - | - | - | - | - |
Cost of Revenue |
357 M | 275 M | - | - | 950 M | 1.2 B | 1.3 B | 898 M | 548 M | - | - | - | - | - | - |
Gross Profit |
8 M | 13.5 M | - | - | - | -9.7 M | -114 M | -125 M | -44.8 M | - | - | - | - | - | - |
Operating Income |
-720 M | -589 M | -23.5 M | -29.4 M | -400 M | -1.5 B | -448 M | -426 M | -190 M | - | - | - | - | - | - |
Interest Expense |
- | - | - | - | 127 M | 134 M | 114 M | 92.8 M | - | - | - | - | - | - | - |
EBITDA |
-720 M | -589 M | -23.5 M | -29.4 M | -320 M | 78 M | -187 M | -224 M | -65 M | - | - | - | - | - | - |
Operating Expenses |
728 M | 602 M | 23.5 M | 29.4 M | - | 175 M | 288 M | 251 M | 122 M | - | - | - | - | - | - |
General and Administrative Expenses |
32.5 M | 16.1 M | 23.5 M | 29.3 M | 217 M | 103 M | 108 M | 85 M | 34.4 M | - | - | - | - | - | - |
Annual performance
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All numbers in CNY currency
Quarterly Income Statement Q&K International Group Limited
| 2026-Q2 | 2025-Q3 | 2025-Q2 | 2024-Q3 | 2024-Q2 | 2023-Q3 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
124 B | 50.3 B | 2.46 B | 238 M | 2.84 T | 28.1 M | 27.7 B | - | 1.03 T | - | 1.66 B | - | 1.65 B | - | 1.46 B | - | 1.36 B | - | - | - | 430 M | - | - | - | 430 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-17.9 M | -748 M | -678 M | -227 M | 387 M | -71.3 M | -43.3 M | - | 820 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
198 M | 365 M | 176 M | 288 M | -76.7 M | - | 200 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
192 M | 357 M | 171 M | 275 M | 72.6 M | - | 217 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
5.63 M | 8 M | 4.3 M | 13.5 M | 4.19 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-8.37 M | -720 M | -659 M | -589 M | -5.64 M | -23.5 M | -42.7 M | - | -29.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
992 K | - | -180 K | - | 10.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-8.37 M | -720 M | -659 M | -589 M | -5.64 M | -23.5 M | -42.5 M | - | -29.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
14 M | 728 M | 663 M | 602 M | - | 23.5 M | - | - | 29.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
8.52 M | 32.5 M | 11.9 M | 16.1 M | 6.92 M | 23.5 M | 15.4 M | - | 29.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
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All numbers in CNY currency
The income statement is one of the three key financial reports of a company Q&K International Group Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.