Fuyao Glass Industry Group Co Ltd
OTC:FYGGY
Income Statement
Earnings Waterfall
Fuyao Glass Industry Group Co Ltd
Revenue
|
33.2B
CNY
|
Cost of Revenue
|
-21.5B
CNY
|
Gross Profit
|
11.7B
CNY
|
Operating Expenses
|
-5.4B
CNY
|
Operating Income
|
6.3B
CNY
|
Other Expenses
|
-649.3m
CNY
|
Net Income
|
5.6B
CNY
|
Income Statement
Fuyao Glass Industry Group Co 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 |
11 501
N/A
|
11 804
+3%
|
12 137
+3%
|
12 419
+2%
|
12 928
+4%
|
13 249
+2%
|
13 339
+1%
|
13 265
-1%
|
13 573
+2%
|
13 917
+3%
|
14 567
+5%
|
15 469
+6%
|
16 621
+7%
|
17 252
+4%
|
17 751
+3%
|
18 428
+4%
|
18 713
+2%
|
19 263
+3%
|
20 084
+4%
|
20 439
+2%
|
20 225
-1%
|
20 411
+1%
|
20 427
+0%
|
20 736
+2%
|
21 104
+2%
|
20 341
-4%
|
18 938
-7%
|
19 247
+2%
|
19 907
+3%
|
21 442
+8%
|
23 329
+9%
|
23 283
0%
|
23 603
+1%
|
24 445
+4%
|
24 964
+2%
|
26 890
+8%
|
28 099
+4%
|
28 603
+2%
|
30 226
+6%
|
31 485
+4%
|
33 161
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(6 826)
|
(6 921)
|
(7 100)
|
(7 200)
|
(7 469)
|
(7 746)
|
(7 759)
|
(7 769)
|
(7 829)
|
(8 067)
|
(8 468)
|
(8 939)
|
(9 475)
|
(10 005)
|
(10 327)
|
(10 741)
|
(10 718)
|
(11 323)
|
(11 801)
|
(11 924)
|
(11 625)
|
(12 062)
|
(12 378)
|
(12 914)
|
(13 201)
|
(13 112)
|
(12 179)
|
(12 142)
|
(12 073)
|
(12 904)
|
(13 886)
|
(13 916)
|
(15 158)
|
(16 159)
|
(16 972)
|
(18 543)
|
(18 580)
|
(19 260)
|
(20 179)
|
(20 887)
|
(21 462)
|
|
Gross Profit |
4 676
N/A
|
4 883
+4%
|
5 037
+3%
|
5 219
+4%
|
5 459
+5%
|
5 503
+1%
|
5 579
+1%
|
5 496
-1%
|
5 745
+5%
|
5 850
+2%
|
6 099
+4%
|
6 530
+7%
|
7 146
+9%
|
7 247
+1%
|
7 424
+2%
|
7 687
+4%
|
7 995
+4%
|
7 940
-1%
|
8 283
+4%
|
8 514
+3%
|
8 600
+1%
|
8 349
-3%
|
8 049
-4%
|
7 823
-3%
|
7 902
+1%
|
7 229
-9%
|
6 758
-7%
|
7 105
+5%
|
7 833
+10%
|
8 538
+9%
|
9 443
+11%
|
9 367
-1%
|
8 445
-10%
|
8 286
-2%
|
7 992
-4%
|
8 347
+4%
|
9 519
+14%
|
9 344
-2%
|
10 048
+8%
|
10 598
+5%
|
11 699
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 193)
|
(2 300)
|
(2 398)
|
(2 483)
|
(2 628)
|
(2 635)
|
(2 685)
|
(2 779)
|
(3 010)
|
(3 025)
|
(3 161)
|
(3 284)
|
(3 759)
|
(3 703)
|
(3 766)
|
(3 825)
|
(3 890)
|
(3 734)
|
(3 877)
|
(4 054)
|
(4 511)
|
(4 399)
|
(4 383)
|
(4 343)
|
(4 536)
|
(4 145)
|
(4 065)
|
(4 126)
|
(4 235)
|
(4 326)
|
(4 555)
|
(4 630)
|
(4 074)
|
(3 791)
|
(3 669)
|
(3 680)
|
(4 768)
|
(4 770)
|
(5 005)
|
(5 177)
|
(5 420)
|
|
Selling, General & Administrative |
(2 171)
|
(2 273)
|
(2 369)
|
(2 468)
|
(2 022)
|
(2 624)
|
(2 672)
|
(2 765)
|
(2 292)
|
(3 014)
|
(3 149)
|
(3 277)
|
(2 875)
|
(3 716)
|
(3 818)
|
(3 312)
|
(3 108)
|
(3 112)
|
(3 255)
|
(3 787)
|
(3 598)
|
(3 877)
|
(3 666)
|
(3 692)
|
(3 642)
|
(3 597)
|
(3 585)
|
(3 608)
|
(3 475)
|
(3 708)
|
(3 852)
|
(3 949)
|
(3 025)
|
(2 971)
|
(2 812)
|
(2 689)
|
(3 435)
|
(3 590)
|
(3 712)
|
(3 855)
|
(3 989)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(518)
|
0
|
0
|
0
|
(593)
|
0
|
0
|
0
|
(728)
|
0
|
0
|
0
|
(738)
|
0
|
0
|
(444)
|
(825)
|
(657)
|
(863)
|
(822)
|
(745)
|
(773)
|
(745)
|
(781)
|
(743)
|
(901)
|
(959)
|
(976)
|
(921)
|
(1 033)
|
(1 083)
|
(1 168)
|
(1 173)
|
(1 279)
|
(1 320)
|
(1 346)
|
(1 326)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(119)
|
0
|
0
|
0
|
(148)
|
0
|
0
|
0
|
(230)
|
0
|
0
|
0
|
(226)
|
0
|
0
|
0
|
(312)
|
0
|
0
|
0
|
(353)
|
0
|
0
|
0
|
(346)
|
0
|
0
|
0
|
(355)
|
0
|
0
|
0
|
(362)
|
|
Other Operating Expenses |
(22)
|
(27)
|
(29)
|
(15)
|
(10)
|
(11)
|
(13)
|
(14)
|
(7)
|
(11)
|
(12)
|
(7)
|
(8)
|
13
|
53
|
(514)
|
185
|
(622)
|
(622)
|
177
|
139
|
135
|
147
|
172
|
163
|
225
|
265
|
264
|
336
|
283
|
256
|
295
|
219
|
212
|
226
|
178
|
194
|
98
|
26
|
25
|
256
|
|
Operating Income |
2 483
N/A
|
2 583
+4%
|
2 639
+2%
|
2 736
+4%
|
2 832
+4%
|
2 869
+1%
|
2 894
+1%
|
2 717
-6%
|
2 734
+1%
|
2 825
+3%
|
2 938
+4%
|
3 245
+10%
|
3 388
+4%
|
3 543
+5%
|
3 658
+3%
|
3 862
+6%
|
4 105
+6%
|
4 206
+2%
|
4 406
+5%
|
4 460
+1%
|
4 089
-8%
|
3 950
-3%
|
3 667
-7%
|
3 480
-5%
|
3 367
-3%
|
3 084
-8%
|
2 694
-13%
|
2 979
+11%
|
3 599
+21%
|
4 212
+17%
|
4 888
+16%
|
4 737
-3%
|
4 371
-8%
|
4 495
+3%
|
4 323
-4%
|
4 667
+8%
|
4 751
+2%
|
4 573
-4%
|
5 042
+10%
|
5 421
+8%
|
6 279
+16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(225)
|
(232)
|
(188)
|
(209)
|
(236)
|
(225)
|
(230)
|
91
|
299
|
302
|
534
|
315
|
415
|
465
|
102
|
(36)
|
(438)
|
(684)
|
(214)
|
579
|
221
|
992
|
815
|
291
|
45
|
276
|
204
|
(252)
|
(407)
|
(606)
|
(777)
|
(562)
|
(610)
|
(688)
|
41
|
640
|
1 022
|
1 141
|
1 285
|
592
|
694
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
20
|
(32)
|
(26)
|
(8)
|
3
|
(14)
|
(24)
|
(36)
|
663
|
4
|
9
|
2
|
4
|
1
|
2
|
0
|
75
|
77
|
73
|
77
|
0
|
(0)
|
(2)
|
(7)
|
(112)
|
(6)
|
(1)
|
2
|
(181)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(66)
|
(3)
|
(5)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(142)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
(122)
|
0
|
0
|
0
|
(102)
|
|
Total Other Income |
121
|
123
|
170
|
131
|
58
|
8
|
6
|
4
|
57
|
34
|
37
|
61
|
97
|
95
|
92
|
27
|
10
|
8
|
4
|
22
|
(11)
|
43
|
48
|
75
|
(171)
|
(236)
|
(255)
|
(283)
|
(15)
|
(154)
|
(166)
|
(121)
|
160
|
43
|
50
|
28
|
40
|
(82)
|
(97)
|
(119)
|
26
|
|
Pre-Tax Income |
2 379
N/A
|
2 473
+4%
|
2 621
+6%
|
2 658
+1%
|
2 639
-1%
|
2 651
+0%
|
2 670
+1%
|
2 811
+5%
|
3 043
+8%
|
3 159
+4%
|
3 504
+11%
|
3 616
+3%
|
3 920
+8%
|
4 071
+4%
|
3 827
-6%
|
3 846
+0%
|
3 680
-4%
|
3 515
-4%
|
4 171
+19%
|
5 025
+20%
|
4 962
-1%
|
4 988
+1%
|
4 539
-9%
|
3 848
-15%
|
3 231
-16%
|
3 124
-3%
|
2 645
-15%
|
2 445
-8%
|
3 110
+27%
|
3 528
+13%
|
4 017
+14%
|
4 132
+3%
|
3 819
-8%
|
3 850
+1%
|
4 412
+15%
|
5 328
+21%
|
5 579
+5%
|
5 626
+1%
|
6 229
+11%
|
5 896
-5%
|
6 716
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(462)
|
(476)
|
(499)
|
(501)
|
(422)
|
(326)
|
(282)
|
(320)
|
(435)
|
(548)
|
(657)
|
(684)
|
(777)
|
(819)
|
(757)
|
(734)
|
(531)
|
(496)
|
(539)
|
(763)
|
(855)
|
(838)
|
(795)
|
(652)
|
(333)
|
(373)
|
(290)
|
(172)
|
(511)
|
(535)
|
(615)
|
(662)
|
(676)
|
(691)
|
(656)
|
(880)
|
(826)
|
(830)
|
(1 021)
|
(915)
|
(1 087)
|
|
Income from Continuing Operations |
1 917
|
1 997
|
2 122
|
2 157
|
2 217
|
2 325
|
2 388
|
2 492
|
2 607
|
2 611
|
2 847
|
2 931
|
3 143
|
3 252
|
3 070
|
3 112
|
3 148
|
3 019
|
3 633
|
4 263
|
4 107
|
4 150
|
3 744
|
3 196
|
2 898
|
2 752
|
2 355
|
2 273
|
2 598
|
2 993
|
3 403
|
3 470
|
3 143
|
3 159
|
3 756
|
4 449
|
4 753
|
4 797
|
5 209
|
4 982
|
5 629
|
|
Income to Minority Interest |
0
|
1
|
1
|
1
|
2
|
2
|
(0)
|
0
|
(2)
|
(1)
|
(0)
|
1
|
2
|
2
|
4
|
1
|
1
|
(0)
|
(2)
|
5
|
13
|
14
|
14
|
9
|
0
|
0
|
2
|
2
|
2
|
3
|
3
|
4
|
3
|
3
|
2
|
3
|
3
|
2
|
1
|
(1)
|
0
|
|
Net Income (Common) |
1 918
N/A
|
1 998
+4%
|
2 123
+6%
|
2 158
+2%
|
2 220
+3%
|
2 327
+5%
|
2 387
+3%
|
2 492
+4%
|
2 605
+5%
|
2 609
+0%
|
2 847
+9%
|
2 932
+3%
|
3 144
+7%
|
3 254
+3%
|
3 074
-6%
|
3 112
+1%
|
3 149
+1%
|
3 019
-4%
|
3 631
+20%
|
4 267
+18%
|
4 120
-3%
|
4 164
+1%
|
3 757
-10%
|
3 205
-15%
|
2 898
-10%
|
2 752
-5%
|
2 357
-14%
|
2 275
-3%
|
2 601
+14%
|
2 997
+15%
|
3 406
+14%
|
3 474
+2%
|
3 146
-9%
|
3 162
+1%
|
3 759
+19%
|
4 451
+18%
|
4 756
+7%
|
4 799
+1%
|
5 210
+9%
|
4 981
-4%
|
5 629
+13%
|
|
EPS (Diluted) |
0.97
N/A
|
1.01
+4%
|
1.07
+6%
|
1.08
+1%
|
1.11
+3%
|
1.16
+5%
|
0.95
-18%
|
0.98
+3%
|
1.04
+6%
|
1.04
N/A
|
1.13
+9%
|
1.18
+4%
|
1.25
+6%
|
1.3
+4%
|
1.23
-5%
|
1.24
+1%
|
1.26
+2%
|
1.2
-5%
|
1.44
+20%
|
1.7
+18%
|
1.64
-4%
|
1.66
+1%
|
1.5
-10%
|
1.28
-15%
|
1.16
-9%
|
1.1
-5%
|
0.94
-15%
|
0.9
-4%
|
1.04
+16%
|
1.19
+14%
|
1.35
+13%
|
1.34
-1%
|
1.23
-8%
|
1.23
N/A
|
1.41
+15%
|
1.7
+21%
|
1.82
+7%
|
1.83
+1%
|
2
+9%
|
1.91
-5%
|
2.16
+13%
|