Honghua Group Ltd
HKEX:196
Income Statement
Earnings Waterfall
Honghua Group Ltd
Revenue
|
5.5B
CNY
|
Cost of Revenue
|
-4.9B
CNY
|
Gross Profit
|
541.8m
CNY
|
Operating Expenses
|
-723.4m
CNY
|
Operating Income
|
-181.7m
CNY
|
Other Expenses
|
-204.9m
CNY
|
Net Income
|
-386.6m
CNY
|
Income Statement
Honghua Group Ltd
Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
4 205
N/A
|
5 107
+21%
|
4 426
-13%
|
4 184
-5%
|
3 931
-6%
|
3 676
-6%
|
2 937
-20%
|
2 894
-1%
|
4 476
+55%
|
5 461
+22%
|
5 473
+0%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(3 123)
|
(3 654)
|
(3 110)
|
(2 818)
|
(2 751)
|
(2 785)
|
(2 574)
|
(2 921)
|
(4 016)
|
(4 778)
|
(4 931)
|
|
Gross Profit |
1 082
N/A
|
1 453
+34%
|
1 316
-9%
|
1 367
+4%
|
1 180
-14%
|
891
-25%
|
363
-59%
|
(27)
N/A
|
460
N/A
|
683
+49%
|
542
-21%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(633)
|
(763)
|
(840)
|
(812)
|
(919)
|
(580)
|
(788)
|
(593)
|
(857)
|
(496)
|
(723)
|
|
Selling, General & Administrative |
(707)
|
(831)
|
(805)
|
(923)
|
(947)
|
(660)
|
(847)
|
(650)
|
(761)
|
(432)
|
(674)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(121)
|
(161)
|
(112)
|
|
Depreciation & Amortization |
(72)
|
0
|
(56)
|
0
|
(39)
|
0
|
(40)
|
0
|
(55)
|
0
|
0
|
|
Other Operating Expenses |
145
|
68
|
21
|
111
|
66
|
80
|
99
|
57
|
79
|
97
|
63
|
|
Operating Income |
449
N/A
|
690
+54%
|
476
-31%
|
555
+17%
|
261
-53%
|
311
+19%
|
(425)
N/A
|
(620)
-46%
|
(397)
+36%
|
188
N/A
|
(182)
N/A
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(195)
|
(185)
|
(172)
|
(291)
|
(216)
|
(77)
|
(195)
|
(225)
|
(155)
|
(189)
|
(211)
|
|
Non-Reccuring Items |
(110)
|
(146)
|
(138)
|
(151)
|
41
|
(272)
|
(126)
|
(392)
|
(73)
|
(227)
|
(18)
|
|
Total Other Income |
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
|
Pre-Tax Income |
144
N/A
|
358
+150%
|
166
-54%
|
113
-32%
|
86
-24%
|
(38)
N/A
|
(745)
-1 881%
|
(1 237)
-66%
|
(625)
+50%
|
(228)
+63%
|
(411)
-80%
|
|
Net Income | ||||||||||||
Tax Provision |
(34)
|
(69)
|
(34)
|
(12)
|
(26)
|
(8)
|
11
|
21
|
(0)
|
(16)
|
(8)
|
|
Income from Continuing Operations |
110
|
289
|
132
|
100
|
60
|
(45)
|
(734)
|
(1 216)
|
(625)
|
(245)
|
(419)
|
|
Income to Minority Interest |
(14)
|
(20)
|
(25)
|
(23)
|
(10)
|
(9)
|
17
|
49
|
(9)
|
(21)
|
33
|
|
Net Income (Common) |
82
N/A
|
262
+218%
|
107
-59%
|
78
-28%
|
50
-36%
|
(54)
N/A
|
(717)
-1 217%
|
(1 168)
-63%
|
(634)
+46%
|
(265)
+58%
|
(387)
-46%
|
|
EPS (Diluted) |
0.02
N/A
|
0.05
+150%
|
0.02
-60%
|
0.01
-50%
|
0.01
N/A
|
-0.01
N/A
|
-0.14
-1 300%
|
-0.22
-57%
|
-0.12
+45%
|
-0.05
+58%
|
-0.05
N/A
|