Shin Yang Shipping Corporation Bhd
KLSE:SYSCORP
Income Statement
Earnings Waterfall
Shin Yang Shipping Corporation Bhd
Income Statement
Shin Yang Shipping Corporation Bhd
| Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
851
N/A
|
889
+4%
|
969
+9%
|
1 005
+4%
|
1 067
+6%
|
1 137
+7%
|
1 096
-4%
|
1 101
+0%
|
1 040
-6%
|
883
-15%
|
811
-8%
|
716
-12%
|
635
-11%
|
642
+1%
|
589
-8%
|
572
-3%
|
574
+0%
|
590
+3%
|
589
0%
|
568
-4%
|
600
+6%
|
619
+3%
|
648
+5%
|
685
+6%
|
645
-6%
|
645
0%
|
657
+2%
|
635
-3%
|
655
+3%
|
596
-9%
|
563
-6%
|
565
+0%
|
563
0%
|
602
+7%
|
644
+7%
|
704
+9%
|
761
+8%
|
893
+17%
|
960
+7%
|
977
+2%
|
1 002
+3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(778)
|
(813)
|
(887)
|
(919)
|
(972)
|
(1 036)
|
(1 000)
|
(979)
|
(917)
|
(804)
|
(737)
|
(653)
|
(567)
|
(561)
|
(506)
|
(507)
|
(542)
|
(549)
|
(561)
|
(532)
|
(545)
|
(573)
|
(599)
|
(651)
|
(630)
|
(644)
|
(676)
|
(666)
|
(689)
|
(649)
|
(598)
|
(581)
|
(569)
|
(566)
|
(599)
|
(646)
|
(668)
|
(703)
|
(728)
|
(722)
|
(731)
|
|
| Gross Profit |
73
N/A
|
76
+4%
|
82
+8%
|
87
+5%
|
96
+10%
|
101
+6%
|
96
-5%
|
121
+26%
|
123
+1%
|
79
-36%
|
74
-6%
|
64
-14%
|
69
+8%
|
80
+17%
|
83
+3%
|
66
-21%
|
32
-51%
|
41
+27%
|
29
-30%
|
35
+24%
|
56
+58%
|
46
-17%
|
49
+5%
|
35
-29%
|
16
-55%
|
1
-93%
|
(19)
N/A
|
(30)
-61%
|
(34)
-12%
|
(53)
-56%
|
(35)
+34%
|
(17)
+52%
|
(7)
+61%
|
36
N/A
|
45
+26%
|
58
+28%
|
92
+59%
|
191
+106%
|
231
+21%
|
255
+10%
|
271
+6%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(33)
|
(38)
|
(43)
|
(36)
|
(36)
|
(45)
|
(43)
|
(47)
|
(50)
|
(27)
|
(21)
|
(19)
|
(29)
|
(38)
|
(47)
|
(40)
|
(21)
|
(6)
|
7
|
10
|
7
|
(3)
|
(9)
|
(11)
|
(14)
|
(67)
|
(63)
|
(69)
|
(63)
|
(56)
|
(89)
|
(83)
|
(46)
|
(6)
|
(6)
|
(7)
|
(16)
|
(31)
|
(35)
|
(34)
|
(35)
|
|
| Selling, General & Administrative |
(40)
|
(45)
|
(47)
|
(48)
|
(48)
|
(51)
|
(51)
|
(56)
|
(59)
|
(73)
|
(75)
|
(72)
|
(76)
|
(47)
|
(40)
|
(40)
|
(31)
|
(51)
|
(52)
|
(46)
|
(46)
|
(39)
|
(39)
|
(37)
|
(39)
|
(35)
|
(34)
|
(35)
|
(33)
|
(30)
|
(30)
|
(28)
|
(25)
|
(26)
|
(27)
|
(29)
|
(30)
|
(34)
|
(36)
|
(40)
|
(42)
|
|
| Other Operating Expenses |
7
|
7
|
5
|
12
|
13
|
6
|
8
|
8
|
9
|
46
|
54
|
53
|
47
|
9
|
(6)
|
(0)
|
10
|
45
|
59
|
57
|
53
|
36
|
30
|
26
|
25
|
(32)
|
(29)
|
(34)
|
(30)
|
(26)
|
(60)
|
(55)
|
(21)
|
20
|
21
|
21
|
14
|
3
|
2
|
5
|
8
|
|
| Operating Income |
40
N/A
|
38
-4%
|
40
+5%
|
51
+27%
|
60
+18%
|
56
-6%
|
54
-5%
|
74
+38%
|
73
-1%
|
52
-28%
|
54
+3%
|
45
-17%
|
40
-11%
|
42
+6%
|
36
-14%
|
26
-29%
|
11
-57%
|
35
+222%
|
36
+1%
|
45
+28%
|
62
+37%
|
44
-30%
|
40
-9%
|
24
-40%
|
2
-92%
|
(66)
N/A
|
(82)
-24%
|
(99)
-21%
|
(97)
+2%
|
(109)
-12%
|
(124)
-14%
|
(99)
+20%
|
(53)
+47%
|
30
N/A
|
39
+31%
|
51
+29%
|
77
+51%
|
160
+108%
|
197
+23%
|
220
+12%
|
236
+7%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(27)
|
(34)
|
(39)
|
(42)
|
(43)
|
(38)
|
(41)
|
(42)
|
(42)
|
(45)
|
(42)
|
(42)
|
(39)
|
(41)
|
(40)
|
(32)
|
(29)
|
(32)
|
(27)
|
(29)
|
(29)
|
(15)
|
(15)
|
(15)
|
(14)
|
(16)
|
(16)
|
(16)
|
(17)
|
(14)
|
(13)
|
(11)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
(9)
|
(7)
|
(6)
|
(5)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(70)
|
(31)
|
0
|
0
|
40
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
13
N/A
|
4
-66%
|
1
-70%
|
8
+531%
|
17
+112%
|
18
+3%
|
13
-29%
|
32
+150%
|
31
-2%
|
7
-78%
|
11
+63%
|
3
-73%
|
1
-84%
|
2
+220%
|
(3)
N/A
|
(7)
-106%
|
(18)
-157%
|
4
N/A
|
9
+151%
|
17
+94%
|
34
+96%
|
29
-14%
|
25
-15%
|
9
-64%
|
(12)
N/A
|
(83)
-585%
|
(98)
-19%
|
(116)
-18%
|
(185)
-60%
|
(154)
+16%
|
(137)
+11%
|
(111)
+19%
|
(23)
+79%
|
21
N/A
|
31
+47%
|
43
+39%
|
70
+61%
|
151
+117%
|
190
+26%
|
213
+12%
|
228
+7%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
0
|
(0)
|
(1)
|
(3)
|
(12)
|
(13)
|
(17)
|
(19)
|
(2)
|
(2)
|
1
|
3
|
5
|
6
|
8
|
8
|
2
|
2
|
1
|
1
|
2
|
2
|
3
|
3
|
(6)
|
(6)
|
(6)
|
(6)
|
8
|
8
|
8
|
8
|
(4)
|
(5)
|
(5)
|
(5)
|
(8)
|
(8)
|
(8)
|
(9)
|
|
| Income from Continuing Operations |
12
|
5
|
1
|
8
|
15
|
6
|
(0)
|
15
|
12
|
5
|
9
|
4
|
4
|
7
|
3
|
1
|
(10)
|
5
|
11
|
18
|
35
|
31
|
27
|
12
|
(9)
|
(89)
|
(105)
|
(122)
|
(191)
|
(146)
|
(129)
|
(102)
|
(15)
|
18
|
27
|
38
|
64
|
143
|
181
|
204
|
219
|
|
| Income to Minority Interest |
(6)
|
(1)
|
(1)
|
(0)
|
3
|
1
|
1
|
1
|
2
|
(0)
|
0
|
1
|
(2)
|
2
|
0
|
0
|
4
|
0
|
1
|
(0)
|
(3)
|
(7)
|
(7)
|
(7)
|
(7)
|
2
|
2
|
2
|
3
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
6
N/A
|
3
-47%
|
0
N/A
|
8
N/A
|
17
+125%
|
7
-58%
|
1
-90%
|
16
+2 157%
|
14
-14%
|
5
-63%
|
9
+84%
|
4
-53%
|
2
-66%
|
8
+447%
|
4
-57%
|
1
-69%
|
(7)
N/A
|
5
N/A
|
12
+119%
|
18
+51%
|
31
+76%
|
24
-25%
|
20
-15%
|
6
-72%
|
(16)
N/A
|
(87)
-447%
|
(103)
-18%
|
(120)
-17%
|
(188)
-57%
|
(146)
+22%
|
(129)
+11%
|
(103)
+21%
|
(15)
+85%
|
17
N/A
|
26
+53%
|
38
+44%
|
64
+69%
|
142
+123%
|
180
+27%
|
203
+13%
|
218
+7%
|
|
| EPS (Diluted) |
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.03
+200%
|
0.02
-33%
|
0.02
N/A
|
0
N/A
|
-0.02
N/A
|
-0.08
-300%
|
-0.09
-12%
|
-0.1
-11%
|
-0.16
-60%
|
-0.12
+25%
|
-0.11
+8%
|
-0.09
+18%
|
-0.01
+89%
|
0.01
N/A
|
0.02
+100%
|
0.03
+50%
|
0.05
+67%
|
0.12
+140%
|
0.16
+33%
|
0.18
+12%
|
0.19
+6%
|
|