China Industrial Steel Inc
OTC:CDNN
Income Statement
Earnings Waterfall
China Industrial Steel Inc
Income Statement
China Industrial Steel Inc
| Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue |
574
N/A
|
642
+12%
|
717
+12%
|
834
+16%
|
823
-1%
|
813
-1%
|
741
-9%
|
685
-8%
|
649
-5%
|
661
+2%
|
696
+5%
|
715
+3%
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(536)
|
(603)
|
(673)
|
(773)
|
(762)
|
(753)
|
(692)
|
(661)
|
(634)
|
(650)
|
(686)
|
(696)
|
|
| Gross Profit |
38
N/A
|
39
+3%
|
44
+14%
|
61
+38%
|
62
+1%
|
60
-3%
|
50
-17%
|
24
-52%
|
15
-38%
|
11
-26%
|
10
-8%
|
19
+90%
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
| Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
35
N/A
|
36
+3%
|
41
+14%
|
58
+41%
|
59
+1%
|
57
-4%
|
47
-18%
|
21
-55%
|
12
-44%
|
8
-34%
|
7
-11%
|
15
+117%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
30
N/A
|
31
+2%
|
36
+17%
|
53
+47%
|
53
+1%
|
51
-5%
|
40
-20%
|
15
-62%
|
7
-53%
|
4
-50%
|
3
-20%
|
11
+258%
|
|
| Net Income | |||||||||||||
| Tax Provision |
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(7)
|
(6)
|
(3)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
| Income from Continuing Operations |
26
|
26
|
31
|
46
|
46
|
43
|
35
|
12
|
6
|
3
|
2
|
8
|
|
| Net Income (Common) |
26
N/A
|
26
+1%
|
31
+17%
|
46
+51%
|
46
-1%
|
43
-5%
|
35
-21%
|
12
-64%
|
6
-52%
|
3
-57%
|
2
-29%
|
8
+361%
|
|
| EPS (Diluted) |
0.31
N/A
|
0.36
+16%
|
0.42
+17%
|
0.63
+50%
|
0.63
N/A
|
0.59
-6%
|
0.47
-20%
|
0.17
-64%
|
0.08
-53%
|
0.03
-63%
|
0.02
-33%
|
0.11
+450%
|
|