CRRC Corp Ltd
OTC:CRCCY
Income Statement
Earnings Waterfall
CRRC Corp Ltd
Revenue
|
234.3B
CNY
|
Cost of Revenue
|
-182.5B
CNY
|
Gross Profit
|
51.8B
CNY
|
Operating Expenses
|
-38B
CNY
|
Operating Income
|
13.7B
CNY
|
Other Expenses
|
-2B
CNY
|
Net Income
|
11.7B
CNY
|
Income Statement
CRRC Corp Ltd
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 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
97 887
N/A
|
96 541
-1%
|
111 374
+15%
|
126 256
+13%
|
221 977
+76%
|
243 995
+10%
|
281 877
+16%
|
302 722
+7%
|
241 913
-20%
|
258 856
+7%
|
242 882
-6%
|
240 418
-1%
|
229 722
-4%
|
222 983
-3%
|
224 234
+1%
|
223 328
0%
|
211 013
-6%
|
210 344
0%
|
208 587
-1%
|
205 714
-1%
|
219 083
+6%
|
225 828
+3%
|
228 939
+1%
|
238 236
+4%
|
229 011
-4%
|
222 738
-3%
|
222 267
0%
|
220 266
-1%
|
227 656
+3%
|
235 815
+4%
|
233 717
-1%
|
226 341
-3%
|
225 732
0%
|
214 825
-5%
|
211 565
-2%
|
216 835
+2%
|
222 939
+3%
|
224 670
+1%
|
228 945
+2%
|
230 411
+1%
|
234 262
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(81 008)
|
(79 428)
|
(91 251)
|
(102 321)
|
(177 686)
|
(194 576)
|
(223 803)
|
(240 187)
|
(193 728)
|
(207 205)
|
(194 048)
|
(192 771)
|
(182 761)
|
(179 112)
|
(180 800)
|
(179 274)
|
(163 557)
|
(164 518)
|
(162 226)
|
(160 476)
|
(170 779)
|
(178 045)
|
(180 806)
|
(187 877)
|
(177 091)
|
(173 339)
|
(173 824)
|
(172 071)
|
(177 220)
|
(185 245)
|
(183 778)
|
(178 783)
|
(179 792)
|
(172 545)
|
(170 500)
|
(174 773)
|
(175 998)
|
(178 343)
|
(181 215)
|
(181 449)
|
(182 486)
|
|
Gross Profit |
16 879
N/A
|
17 113
+1%
|
20 123
+18%
|
23 935
+19%
|
44 290
+85%
|
49 419
+12%
|
58 075
+18%
|
62 536
+8%
|
48 185
-23%
|
51 651
+7%
|
48 833
-5%
|
47 645
-2%
|
46 961
-1%
|
43 871
-7%
|
43 433
-1%
|
44 054
+1%
|
47 456
+8%
|
45 825
-3%
|
46 361
+1%
|
45 238
-2%
|
48 303
+7%
|
47 783
-1%
|
48 133
+1%
|
50 359
+5%
|
51 919
+3%
|
49 399
-5%
|
48 443
-2%
|
48 195
-1%
|
50 436
+5%
|
50 570
+0%
|
49 940
-1%
|
47 557
-5%
|
45 940
-3%
|
42 280
-8%
|
41 065
-3%
|
42 063
+2%
|
46 941
+12%
|
46 326
-1%
|
47 730
+3%
|
48 961
+3%
|
51 775
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 858)
|
(11 800)
|
(13 737)
|
(16 234)
|
(30 314)
|
(33 387)
|
(38 914)
|
(41 217)
|
(32 691)
|
(34 529)
|
(32 667)
|
(32 325)
|
(31 995)
|
(30 598)
|
(30 398)
|
(30 810)
|
(34 844)
|
(32 960)
|
(33 228)
|
(33 041)
|
(35 081)
|
(34 625)
|
(34 973)
|
(35 908)
|
(39 525)
|
(37 921)
|
(37 378)
|
(37 845)
|
(35 797)
|
(36 274)
|
(36 163)
|
(34 888)
|
(33 964)
|
(32 026)
|
(30 949)
|
(31 369)
|
(34 297)
|
(33 724)
|
(35 141)
|
(35 746)
|
(38 029)
|
|
Selling, General & Administrative |
(11 633)
|
(11 500)
|
(13 233)
|
(15 492)
|
(20 398)
|
(30 882)
|
(36 357)
|
(38 714)
|
(20 707)
|
(32 909)
|
(30 598)
|
(30 536)
|
(20 401)
|
(28 520)
|
(24 433)
|
(22 482)
|
(23 911)
|
(19 467)
|
(21 995)
|
(21 978)
|
(23 420)
|
(23 217)
|
(23 510)
|
(23 988)
|
(26 968)
|
(25 937)
|
(25 255)
|
(25 300)
|
(23 080)
|
(23 723)
|
(23 710)
|
(23 180)
|
(21 079)
|
(20 065)
|
(19 120)
|
(19 329)
|
(21 765)
|
(21 695)
|
(22 939)
|
(23 095)
|
(24 784)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(8 310)
|
0
|
0
|
0
|
(9 869)
|
0
|
0
|
0
|
(9 480)
|
0
|
(4 286)
|
(6 673)
|
(9 515)
|
(11 581)
|
(9 719)
|
(9 685)
|
(10 383)
|
(11 161)
|
(11 257)
|
(11 660)
|
(11 363)
|
(11 757)
|
(12 052)
|
(12 557)
|
(12 542)
|
(14 007)
|
(14 014)
|
(13 223)
|
(12 194)
|
(12 702)
|
(12 525)
|
(13 021)
|
(12 216)
|
(13 326)
|
(13 394)
|
(13 615)
|
(13 462)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(1 134)
|
0
|
0
|
0
|
(1 758)
|
0
|
0
|
0
|
(1 846)
|
0
|
0
|
0
|
(1 992)
|
0
|
0
|
0
|
(1 939)
|
0
|
0
|
0
|
(2 199)
|
0
|
0
|
0
|
(2 330)
|
0
|
0
|
0
|
(2 340)
|
0
|
0
|
0
|
(2 341)
|
0
|
0
|
0
|
(2 360)
|
|
Other Operating Expenses |
(224)
|
(300)
|
(503)
|
(741)
|
(471)
|
(2 506)
|
(2 557)
|
(2 503)
|
(357)
|
(1 620)
|
(2 068)
|
(1 788)
|
(269)
|
(2 077)
|
(1 677)
|
(1 654)
|
575
|
(1 912)
|
(1 515)
|
(1 377)
|
662
|
(246)
|
(205)
|
(261)
|
1 006
|
(227)
|
(73)
|
11
|
2 156
|
1 458
|
1 562
|
1 516
|
1 649
|
740
|
696
|
981
|
2 025
|
1 297
|
1 192
|
963
|
2 577
|
|
Operating Income |
5 019
N/A
|
5 311
+6%
|
6 384
+20%
|
7 700
+21%
|
13 977
+82%
|
16 030
+15%
|
19 159
+20%
|
21 317
+11%
|
15 494
-27%
|
17 123
+11%
|
16 167
-6%
|
15 322
-5%
|
14 966
-2%
|
13 274
-11%
|
13 037
-2%
|
13 245
+2%
|
12 612
-5%
|
12 865
+2%
|
13 132
+2%
|
12 196
-7%
|
13 223
+8%
|
13 158
0%
|
13 160
+0%
|
14 451
+10%
|
12 394
-14%
|
11 478
-7%
|
11 065
-4%
|
10 350
-6%
|
14 639
+41%
|
14 296
-2%
|
13 776
-4%
|
12 669
-8%
|
11 976
-5%
|
10 254
-14%
|
10 115
-1%
|
10 694
+6%
|
12 644
+18%
|
12 602
0%
|
12 589
0%
|
13 215
+5%
|
13 747
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
33
|
(77)
|
(95)
|
(6)
|
(748)
|
(687)
|
(588)
|
(1 045)
|
501
|
(136)
|
(116)
|
50
|
517
|
756
|
604
|
495
|
(72)
|
931
|
1 073
|
2 165
|
187
|
1 388
|
1 449
|
708
|
857
|
1 416
|
1 703
|
1 511
|
(400)
|
481
|
126
|
330
|
9
|
406
|
640
|
1 079
|
1 045
|
1 298
|
1 721
|
1 062
|
857
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
333
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(326)
|
(17)
|
(22)
|
(58)
|
2 740
|
994
|
1 073
|
1 127
|
1 257
|
967
|
888
|
861
|
2 562
|
1 763
|
1 787
|
2 435
|
1 129
|
1 204
|
1 677
|
1 154
|
882
|
1 007
|
1 063
|
1 166
|
2 385
|
2 563
|
2 272
|
2 050
|
1 399
|
|
Gain/Loss on Disposition of Assets |
0
|
(3)
|
0
|
(3)
|
(93)
|
0
|
0
|
0
|
(49)
|
(4)
|
(5)
|
(22)
|
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
|
|
Total Other Income |
882
|
878
|
860
|
895
|
1 014
|
963
|
998
|
1 156
|
1 184
|
1 392
|
1 556
|
1 507
|
1 762
|
1 757
|
1 380
|
1 574
|
105
|
620
|
644
|
333
|
676
|
393
|
491
|
515
|
795
|
821
|
787
|
752
|
623
|
681
|
767
|
893
|
887
|
867
|
877
|
789
|
46
|
135
|
28
|
4
|
371
|
|
Pre-Tax Income |
5 933
N/A
|
6 110
+3%
|
7 148
+17%
|
8 587
+20%
|
14 484
+69%
|
16 306
+13%
|
19 569
+20%
|
21 429
+10%
|
17 048
-20%
|
18 374
+8%
|
17 601
-4%
|
16 855
-4%
|
16 919
+0%
|
15 770
-7%
|
14 999
-5%
|
15 255
+2%
|
15 385
+1%
|
15 410
+0%
|
15 922
+3%
|
15 821
-1%
|
15 342
-3%
|
15 905
+4%
|
15 987
+1%
|
16 534
+3%
|
16 608
+0%
|
15 478
-7%
|
15 342
-1%
|
15 048
-2%
|
15 991
+6%
|
16 663
+4%
|
16 347
-2%
|
15 047
-8%
|
13 755
-9%
|
12 534
-9%
|
12 695
+1%
|
13 728
+8%
|
16 120
+17%
|
16 597
+3%
|
16 609
+0%
|
16 331
-2%
|
16 373
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(859)
|
(916)
|
(1 129)
|
(1 453)
|
(2 137)
|
(2 597)
|
(3 153)
|
(3 535)
|
(2 951)
|
(3 183)
|
(3 105)
|
(2 992)
|
(3 025)
|
(2 827)
|
(2 578)
|
(2 485)
|
(2 388)
|
(2 378)
|
(2 591)
|
(2 395)
|
(2 344)
|
(2 406)
|
(2 358)
|
(2 551)
|
(2 785)
|
(2 715)
|
(2 589)
|
(2 583)
|
(2 168)
|
(2 163)
|
(2 160)
|
(1 749)
|
(1 337)
|
(1 216)
|
(1 058)
|
(1 346)
|
(1 767)
|
(1 749)
|
(1 794)
|
(1 705)
|
(1 803)
|
|
Income from Continuing Operations |
5 074
|
5 193
|
6 017
|
7 132
|
12 346
|
13 708
|
16 415
|
17 894
|
14 098
|
15 191
|
14 497
|
13 863
|
13 894
|
12 943
|
12 420
|
12 769
|
12 997
|
13 031
|
13 331
|
13 426
|
12 999
|
13 499
|
13 629
|
13 983
|
13 824
|
12 763
|
12 753
|
12 465
|
13 823
|
14 500
|
14 187
|
13 298
|
12 418
|
11 318
|
11 637
|
12 382
|
14 352
|
14 848
|
14 815
|
14 626
|
14 570
|
|
Income to Minority Interest |
(934)
|
(1 093)
|
(1 278)
|
(1 530)
|
(1 531)
|
(1 716)
|
(1 985)
|
(2 113)
|
(2 279)
|
(2 358)
|
(2 584)
|
(2 487)
|
(2 604)
|
(2 489)
|
(2 254)
|
(2 190)
|
(2 206)
|
(2 122)
|
(2 096)
|
(1 916)
|
(1 693)
|
(1 683)
|
(1 657)
|
(1 792)
|
(2 029)
|
(2 000)
|
(2 046)
|
(2 290)
|
(2 492)
|
(2 576)
|
(2 561)
|
(2 299)
|
(2 115)
|
(2 137)
|
(2 192)
|
(2 513)
|
(2 699)
|
(2 799)
|
(2 832)
|
(2 848)
|
(2 858)
|
|
Net Income (Common) |
4 141
N/A
|
4 101
-1%
|
4 741
+16%
|
5 604
+18%
|
10 815
+93%
|
11 996
+11%
|
14 433
+20%
|
15 783
+9%
|
11 818
-25%
|
12 835
+9%
|
11 915
-7%
|
11 378
-5%
|
11 290
-1%
|
10 453
-7%
|
10 166
-3%
|
10 579
+4%
|
10 791
+2%
|
10 910
+1%
|
11 235
+3%
|
11 510
+2%
|
11 305
-2%
|
11 816
+5%
|
11 972
+1%
|
12 191
+2%
|
11 795
-3%
|
10 763
-9%
|
10 707
-1%
|
10 176
-5%
|
11 331
+11%
|
11 925
+5%
|
11 628
-2%
|
10 999
-5%
|
10 303
-6%
|
9 181
-11%
|
9 445
+3%
|
9 869
+4%
|
11 653
+18%
|
12 049
+3%
|
11 983
-1%
|
11 778
-2%
|
11 712
-1%
|
|
EPS (Diluted) |
0.31
N/A
|
0.31
N/A
|
0.35
+13%
|
0.41
+17%
|
0.41
N/A
|
0.43
+5%
|
0.52
+21%
|
0.57
+10%
|
0.43
-25%
|
0.47
+9%
|
0.47
N/A
|
0.42
-11%
|
0.41
-2%
|
0.36
-12%
|
0.36
N/A
|
0.37
+3%
|
0.37
N/A
|
0.36
-3%
|
0.41
+14%
|
0.4
-2%
|
0.39
-3%
|
0.39
N/A
|
0.41
+5%
|
0.42
+2%
|
0.4
-5%
|
0.28
-30%
|
0.35
+25%
|
0.35
N/A
|
0.38
+9%
|
0.41
+8%
|
0.39
-5%
|
0.37
-5%
|
0.36
-3%
|
0.32
-11%
|
0.33
+3%
|
0.34
+3%
|
0.41
+21%
|
0.42
+2%
|
0.42
N/A
|
0.41
-2%
|
0.41
N/A
|