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For the nine months ended 30 September 2021, ChinaEducation Resources Inc. revenues increased 30% to $7M. Netincome decreased 89% to $40K. Revenues reflect Book salesand distribution services increase of 37% to $4.8M, Onlineproducts increase of 17% to $2.2M. Net income was offset bySelling/General/Admin. Expense increase of 39% to $1.7M(expense), General and administrative increase of 34% to$1.2M (expense).
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 1.81 | 3.99 | 1.23 | 2.01 |
Gross Profit | 0.52 | 1.82 | 0.5 | 1.14 |
Operating Income | -0.12 | 0.39 | -0.38 | 0.08 |
Net Income | -0.04 | 0.38 | -0.3 | -0.13 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 8.89 | 8.97 | 6.38 | 7.22 |
Total Liabilities | 9.5 | 9.65 | 7.44 | 7.93 |
Total Equity | -0.61 | -0.69 | -1.06 | -0.71 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -1.29 | -1.07 | -0.96 | 0.23 |
Cash From Investing Activities | 0.04 | -0.01 | -0.01 | |
Cash From Financing Activities | 0.21 | 0.17 | 0.05 | 0.14 |
Net Change in Cash | -1.03 | -0.88 | -0.91 | 0.57 |
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