China MeiDong Auto Holdings Ltd
HKEX:1268
Income Statement
Earnings Waterfall
China MeiDong Auto Holdings Ltd
Revenue
|
28.6B
CNY
|
Cost of Revenue
|
-26.5B
CNY
|
Gross Profit
|
2.1B
CNY
|
Operating Expenses
|
-1.4B
CNY
|
Operating Income
|
691.5m
CNY
|
Other Expenses
|
-551.3m
CNY
|
Net Income
|
140.2m
CNY
|
Income Statement
China MeiDong Auto Holdings Ltd
Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
3 480
N/A
|
3 763
+8%
|
3 855
+2%
|
4 187
+9%
|
4 808
+15%
|
5 276
+10%
|
6 263
+19%
|
6 997
+12%
|
7 683
+10%
|
8 697
+13%
|
11 067
+27%
|
13 564
+23%
|
16 210
+20%
|
17 815
+10%
|
20 207
+13%
|
23 568
+17%
|
23 577
+0%
|
24 427
+4%
|
28 655
+17%
|
30 085
+5%
|
28 555
-5%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(3 152)
|
(3 356)
|
(3 462)
|
(3 794)
|
(4 356)
|
(4 781)
|
(5 686)
|
(6 302)
|
(6 863)
|
(7 774)
|
(9 994)
|
(12 273)
|
(14 652)
|
(16 131)
|
(18 172)
|
(21 078)
|
(20 806)
|
(21 596)
|
(26 137)
|
(27 901)
|
(26 477)
|
|
Gross Profit |
328
N/A
|
407
+24%
|
393
-4%
|
393
+0%
|
452
+15%
|
496
+10%
|
577
+16%
|
696
+20%
|
820
+18%
|
923
+13%
|
1 073
+16%
|
1 291
+20%
|
1 558
+21%
|
1 684
+8%
|
2 035
+21%
|
2 490
+22%
|
2 771
+11%
|
2 831
+2%
|
2 517
-11%
|
2 184
-13%
|
2 078
-5%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(155)
|
(180)
|
(199)
|
(218)
|
(261)
|
(304)
|
(340)
|
(405)
|
(430)
|
(488)
|
(612)
|
(682)
|
(741)
|
(780)
|
(844)
|
(1 008)
|
(1 147)
|
(1 293)
|
(1 469)
|
(1 511)
|
(1 386)
|
|
Selling, General & Administrative |
(177)
|
(202)
|
(220)
|
(236)
|
(278)
|
(331)
|
(381)
|
(448)
|
(503)
|
(577)
|
(703)
|
(790)
|
(874)
|
(930)
|
(985)
|
(1 156)
|
(1 320)
|
(1 469)
|
(1 671)
|
(1 678)
|
(1 610)
|
|
Other Operating Expenses |
22
|
22
|
20
|
19
|
17
|
27
|
41
|
43
|
72
|
89
|
91
|
107
|
133
|
150
|
141
|
148
|
172
|
176
|
202
|
167
|
224
|
|
Operating Income |
173
N/A
|
227
+31%
|
193
-15%
|
175
-9%
|
191
+9%
|
192
+0%
|
238
+24%
|
290
+22%
|
389
+34%
|
436
+12%
|
461
+6%
|
608
+32%
|
816
+34%
|
904
+11%
|
1 191
+32%
|
1 482
+24%
|
1 623
+10%
|
1 538
-5%
|
1 049
-32%
|
674
-36%
|
691
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
(18)
|
(27)
|
(25)
|
(28)
|
(21)
|
(18)
|
(11)
|
(8)
|
(12)
|
(8)
|
(18)
|
(43)
|
(58)
|
(57)
|
(155)
|
(166)
|
(74)
|
(124)
|
(204)
|
(191)
|
(254)
|
|
Non-Reccuring Items |
1
|
1
|
(0)
|
(2)
|
(1)
|
2
|
(0)
|
4
|
11
|
32
|
63
|
41
|
16
|
19
|
28
|
66
|
74
|
43
|
35
|
2
|
(36)
|
|
Total Other Income |
(7)
|
(9)
|
(12)
|
(23)
|
(23)
|
(11)
|
(8)
|
(7)
|
(11)
|
(14)
|
(14)
|
(14)
|
(17)
|
(17)
|
(12)
|
(11)
|
(11)
|
(15)
|
(16)
|
(13)
|
(17)
|
|
Pre-Tax Income |
149
N/A
|
192
+29%
|
156
-19%
|
123
-21%
|
147
+19%
|
165
+13%
|
218
+32%
|
279
+28%
|
378
+35%
|
445
+18%
|
491
+10%
|
593
+21%
|
757
+28%
|
849
+12%
|
1 052
+24%
|
1 371
+30%
|
1 613
+18%
|
1 441
-11%
|
864
-40%
|
472
-45%
|
384
-19%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(39)
|
(52)
|
(41)
|
(30)
|
(41)
|
(49)
|
(61)
|
(78)
|
(99)
|
(115)
|
(128)
|
(151)
|
(200)
|
(223)
|
(282)
|
(356)
|
(399)
|
(412)
|
(308)
|
(238)
|
(229)
|
|
Income from Continuing Operations |
110
|
140
|
115
|
93
|
106
|
116
|
157
|
201
|
279
|
331
|
363
|
442
|
558
|
626
|
771
|
1 014
|
1 213
|
1 029
|
556
|
234
|
156
|
|
Income to Minority Interest |
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(5)
|
(4)
|
(3)
|
(5)
|
(1)
|
(1)
|
(7)
|
(10)
|
(20)
|
(28)
|
(48)
|
(57)
|
(35)
|
(17)
|
(16)
|
|
Net Income (Common) |
106
N/A
|
136
+29%
|
111
-19%
|
88
-21%
|
102
+17%
|
114
+11%
|
152
+34%
|
197
+30%
|
276
+40%
|
325
+18%
|
363
+12%
|
441
+22%
|
551
+25%
|
616
+12%
|
751
+22%
|
986
+31%
|
1 166
+18%
|
972
-17%
|
521
-46%
|
217
-58%
|
140
-35%
|
|
EPS (Diluted) |
0.14
N/A
|
0.15
+7%
|
0.11
-27%
|
0.09
-18%
|
0.1
+11%
|
0.11
+10%
|
0.14
+27%
|
0.18
+29%
|
0.25
+39%
|
0.29
+16%
|
0.31
+7%
|
0.38
+23%
|
0.47
+24%
|
0.52
+11%
|
0.61
+17%
|
0.79
+30%
|
0.92
+16%
|
0.76
-17%
|
0.41
-46%
|
0.17
-59%
|
0.1
-41%
|