China Communications Services Corp Ltd
HKEX:552
Income Statement
Earnings Waterfall
China Communications Services Corp Ltd
Revenue
|
148.6B
CNY
|
Cost of Revenue
|
-131.4B
CNY
|
Gross Profit
|
17.3B
CNY
|
Operating Expenses
|
-13.2B
CNY
|
Operating Income
|
4.1B
CNY
|
Other Expenses
|
-500.3m
CNY
|
Net Income
|
3.6B
CNY
|
Income Statement
China Communications Services Corp Ltd
Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | 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 |
19 313
N/A
|
22 849
+18%
|
23 538
+3%
|
27 497
+17%
|
33 006
+20%
|
37 402
+13%
|
39 500
+6%
|
42 957
+9%
|
45 417
+6%
|
48 910
+8%
|
53 781
+10%
|
58 098
+8%
|
61 692
+6%
|
64 523
+5%
|
68 459
+6%
|
69 841
+2%
|
73 176
+5%
|
76 996
+5%
|
80 960
+5%
|
85 573
+6%
|
88 449
+3%
|
91 162
+3%
|
94 572
+4%
|
100 476
+6%
|
106 177
+6%
|
111 434
+5%
|
117 413
+5%
|
115 198
-2%
|
122 649
+6%
|
132 914
+8%
|
133 991
+1%
|
139 146
+4%
|
140 748
+1%
|
144 664
+3%
|
148 615
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15 746)
|
(18 653)
|
(19 473)
|
(23 051)
|
(27 632)
|
(31 348)
|
(33 127)
|
(36 073)
|
(38 019)
|
(40 927)
|
(45 199)
|
(48 885)
|
(51 845)
|
(54 286)
|
(58 081)
|
(59 611)
|
(62 495)
|
(65 962)
|
(69 572)
|
(73 969)
|
(76 759)
|
(79 154)
|
(82 360)
|
(87 798)
|
(93 292)
|
(98 424)
|
(103 726)
|
(101 908)
|
(108 911)
|
(118 246)
|
(119 207)
|
(123 901)
|
(124 766)
|
(128 142)
|
(131 357)
|
|
Gross Profit |
3 567
N/A
|
4 195
+18%
|
4 065
-3%
|
4 446
+9%
|
5 373
+21%
|
6 053
+13%
|
6 372
+5%
|
6 883
+8%
|
7 399
+7%
|
7 984
+8%
|
8 582
+7%
|
9 213
+7%
|
9 846
+7%
|
10 236
+4%
|
10 378
+1%
|
10 230
-1%
|
10 682
+4%
|
11 034
+3%
|
11 388
+3%
|
11 604
+2%
|
11 690
+1%
|
12 008
+3%
|
12 212
+2%
|
12 679
+4%
|
12 885
+2%
|
13 009
+1%
|
13 687
+5%
|
13 290
-3%
|
13 738
+3%
|
14 668
+7%
|
14 784
+1%
|
15 245
+3%
|
15 982
+5%
|
16 522
+3%
|
17 257
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 310)
|
(2 677)
|
(2 520)
|
(2 803)
|
(3 575)
|
(4 058)
|
(4 368)
|
(4 759)
|
(5 155)
|
(5 606)
|
(6 067)
|
(6 531)
|
(7 048)
|
(7 495)
|
(7 769)
|
(7 692)
|
(8 264)
|
(8 528)
|
(8 756)
|
(8 948)
|
(8 911)
|
(9 154)
|
(9 329)
|
(9 704)
|
(10 021)
|
(10 346)
|
(10 912)
|
(10 687)
|
(10 945)
|
(11 637)
|
(12 045)
|
(12 469)
|
(12 994)
|
(13 455)
|
(13 173)
|
|
Selling, General & Administrative |
(2 477)
|
(2 842)
|
(2 795)
|
(3 158)
|
(3 905)
|
(4 383)
|
(4 691)
|
(5 078)
|
(5 627)
|
(6 084)
|
(6 464)
|
(6 949)
|
(7 544)
|
(7 996)
|
(8 289)
|
(8 241)
|
(8 777)
|
(8 977)
|
(9 306)
|
(9 513)
|
(9 501)
|
(9 712)
|
(9 885)
|
(10 199)
|
(10 611)
|
(10 935)
|
(11 494)
|
(11 295)
|
(11 826)
|
(12 538)
|
(12 952)
|
(13 375)
|
(13 960)
|
(14 393)
|
(14 913)
|
|
Other Operating Expenses |
168
|
166
|
276
|
356
|
331
|
326
|
323
|
320
|
473
|
478
|
397
|
419
|
497
|
502
|
520
|
548
|
513
|
449
|
550
|
564
|
590
|
558
|
556
|
495
|
590
|
590
|
582
|
607
|
881
|
901
|
906
|
906
|
966
|
938
|
1 741
|
|
Operating Income |
1 257
N/A
|
1 519
+21%
|
1 545
+2%
|
1 643
+6%
|
1 799
+9%
|
1 996
+11%
|
2 005
+0%
|
2 125
+6%
|
2 243
+6%
|
2 377
+6%
|
2 514
+6%
|
2 681
+7%
|
2 799
+4%
|
2 742
-2%
|
2 609
-5%
|
2 538
-3%
|
2 417
-5%
|
2 506
+4%
|
2 632
+5%
|
2 656
+1%
|
2 779
+5%
|
2 854
+3%
|
2 883
+1%
|
2 974
+3%
|
2 864
-4%
|
2 664
-7%
|
2 775
+4%
|
2 603
-6%
|
2 792
+7%
|
3 031
+9%
|
2 739
-10%
|
2 776
+1%
|
2 987
+8%
|
3 067
+3%
|
4 085
+33%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
Interest Income Expense |
88
|
132
|
99
|
18
|
(58)
|
(49)
|
25
|
56
|
23
|
58
|
95
|
141
|
164
|
218
|
160
|
123
|
147
|
157
|
165
|
237
|
248
|
280
|
323
|
415
|
492
|
665
|
673
|
715
|
705
|
732
|
727
|
799
|
823
|
851
|
3
|
|
Non-Reccuring Items |
(131)
|
(29)
|
0
|
(1)
|
7
|
10
|
9
|
8
|
9
|
9
|
61
|
60
|
97
|
98
|
9
|
78
|
67
|
40
|
29
|
40
|
29
|
6
|
26
|
39
|
69
|
126
|
46
|
32
|
(10)
|
11
|
112
|
124
|
27
|
23
|
22
|
|
Total Other Income |
0
|
1
|
1
|
0
|
0
|
(1)
|
(2)
|
0
|
2
|
1
|
1
|
2
|
0
|
(1)
|
0
|
1
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
1 214
N/A
|
1 623
+34%
|
1 645
+1%
|
1 660
+1%
|
1 748
+5%
|
1 956
+12%
|
2 037
+4%
|
2 189
+7%
|
2 277
+4%
|
2 445
+7%
|
2 671
+9%
|
2 884
+8%
|
3 060
+6%
|
3 057
0%
|
2 778
-9%
|
2 740
-1%
|
2 631
-4%
|
2 702
+3%
|
2 825
+5%
|
2 934
+4%
|
3 056
+4%
|
3 141
+3%
|
3 232
+3%
|
3 428
+6%
|
3 425
0%
|
3 455
+1%
|
3 494
+1%
|
3 349
-4%
|
3 488
+4%
|
3 774
+8%
|
3 578
-5%
|
3 698
+3%
|
3 837
+4%
|
3 941
+3%
|
4 109
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||
Tax Provision |
(374)
|
(474)
|
(461)
|
(421)
|
(403)
|
(425)
|
(427)
|
(429)
|
(460)
|
(499)
|
(539)
|
(557)
|
(590)
|
(563)
|
(493)
|
(470)
|
(463)
|
(507)
|
(487)
|
(476)
|
(503)
|
(504)
|
(483)
|
(551)
|
(497)
|
(430)
|
(464)
|
(432)
|
(398)
|
(451)
|
(393)
|
(378)
|
(356)
|
(305)
|
(378)
|
|
Income from Continuing Operations |
840
|
1 149
|
1 183
|
1 237
|
1 343
|
1 530
|
1 610
|
1 760
|
1 817
|
1 946
|
2 132
|
2 327
|
2 470
|
2 494
|
2 286
|
2 271
|
2 168
|
2 196
|
2 338
|
2 458
|
2 553
|
2 637
|
2 749
|
2 877
|
2 928
|
3 026
|
3 030
|
2 917
|
3 089
|
3 323
|
3 186
|
3 320
|
3 481
|
3 636
|
3 732
|
|
Income to Minority Interest |
(23)
|
(16)
|
(16)
|
(12)
|
(17)
|
(14)
|
(12)
|
(14)
|
1
|
11
|
(2)
|
(21)
|
(51)
|
(53)
|
(47)
|
(37)
|
(18)
|
(12)
|
(3)
|
(8)
|
(17)
|
(19)
|
(35)
|
(36)
|
(27)
|
(8)
|
19
|
8
|
(8)
|
(18)
|
(28)
|
(79)
|
(121)
|
(137)
|
(147)
|
|
Net Income (Common) |
817
N/A
|
1 133
+39%
|
1 168
+3%
|
1 227
+5%
|
1 327
+8%
|
1 516
+14%
|
1 598
+5%
|
1 746
+9%
|
1 818
+4%
|
1 957
+8%
|
2 130
+9%
|
2 306
+8%
|
2 419
+5%
|
2 440
+1%
|
2 238
-8%
|
2 234
0%
|
2 150
-4%
|
2 184
+2%
|
2 334
+7%
|
2 449
+5%
|
2 536
+4%
|
2 619
+3%
|
2 714
+4%
|
2 841
+5%
|
2 901
+2%
|
3 017
+4%
|
3 049
+1%
|
2 926
-4%
|
3 081
+5%
|
3 305
+7%
|
3 157
-4%
|
3 241
+3%
|
3 360
+4%
|
3 499
+4%
|
3 584
+2%
|
|
EPS (Diluted) |
0.2
N/A
|
0.2
N/A
|
0.21
+5%
|
0.22
+5%
|
0.23
+5%
|
0.26
+13%
|
0.27
+4%
|
0.29
+7%
|
0.3
+3%
|
0.33
+10%
|
0.36
+9%
|
0.36
N/A
|
0.35
-3%
|
0.35
N/A
|
0.32
-9%
|
0.32
N/A
|
0.31
-3%
|
0.31
N/A
|
0.34
+10%
|
0.35
+3%
|
0.37
+6%
|
0.38
+3%
|
0.39
+3%
|
0.41
+5%
|
0.42
+2%
|
0.44
+5%
|
0.44
N/A
|
0.42
-5%
|
0.44
+5%
|
0.48
+9%
|
0.46
-4%
|
0.47
+2%
|
0.49
+4%
|
0.51
+4%
|
0.52
+2%
|