Shengkai Innovations Inc
OTC:VALV
Income Statement
Earnings Waterfall
Shengkai Innovations Inc
Income Statement
Shengkai Innovations Inc
| Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Revenue |
39
N/A
|
39
+0%
|
52
+32%
|
58
+12%
|
54
-7%
|
60
+11%
|
70
+16%
|
82
+17%
|
93
+14%
|
87
-7%
|
75
-14%
|
54
-28%
|
32
-40%
|
26
-20%
|
20
-25%
|
17
-14%
|
|
| Gross Profit | |||||||||||||||||
| Cost of Revenue |
(15)
|
(16)
|
(21)
|
(23)
|
(22)
|
(25)
|
(29)
|
(34)
|
(40)
|
(39)
|
(36)
|
(28)
|
(18)
|
(15)
|
(12)
|
(11)
|
|
| Gross Profit |
24
N/A
|
24
-1%
|
31
+31%
|
35
+12%
|
32
-8%
|
35
+10%
|
41
+17%
|
48
+16%
|
53
+11%
|
48
-10%
|
39
-19%
|
26
-32%
|
14
-47%
|
11
-22%
|
8
-27%
|
6
-23%
|
|
| Operating Income | |||||||||||||||||
| Operating Expenses |
(6)
|
(6)
|
(19)
|
(27)
|
(28)
|
(30)
|
(21)
|
(19)
|
(24)
|
(24)
|
(23)
|
(18)
|
(13)
|
(10)
|
(11)
|
(10)
|
|
| Selling, General & Administrative |
(6)
|
(6)
|
(19)
|
(27)
|
(27)
|
(28)
|
(20)
|
(18)
|
(22)
|
(24)
|
(22)
|
(17)
|
(12)
|
(9)
|
(8)
|
(7)
|
|
| Research & Development |
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
18
N/A
|
18
-1%
|
12
-31%
|
8
-35%
|
5
-42%
|
6
+27%
|
20
+243%
|
29
+42%
|
30
+3%
|
24
-20%
|
16
-32%
|
8
-49%
|
1
-91%
|
1
-32%
|
(3)
N/A
|
(4)
-44%
|
|
| Pre-Tax Income | |||||||||||||||||
| Interest Income Expense |
0
|
(7)
|
(22)
|
(56)
|
(57)
|
(28)
|
(5)
|
50
|
70
|
49
|
43
|
22
|
3
|
2
|
1
|
1
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
1
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
18
N/A
|
12
-33%
|
(11)
N/A
|
(50)
-345%
|
(52)
-3%
|
(22)
+57%
|
15
N/A
|
79
+419%
|
100
+27%
|
73
-27%
|
59
-19%
|
30
-49%
|
4
-87%
|
3
-31%
|
(1)
N/A
|
(3)
-123%
|
|
| Net Income | |||||||||||||||||
| Tax Provision |
(5)
|
(4)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
|
| Income from Continuing Operations |
14
|
8
|
(17)
|
(56)
|
(56)
|
(27)
|
10
|
73
|
93
|
67
|
54
|
27
|
2
|
2
|
(2)
|
(3)
|
|
| Net Income (Common) |
11
N/A
|
8
-31%
|
(17)
N/A
|
(56)
-227%
|
(56)
-1%
|
(27)
+53%
|
10
N/A
|
73
+599%
|
93
+28%
|
67
-28%
|
54
-19%
|
27
-50%
|
2
-91%
|
2
-37%
|
(2)
N/A
|
(3)
-66%
|
|
| EPS (Diluted) |
0.73
N/A
|
0.67
-8%
|
-1.51
N/A
|
-4.86
-222%
|
-4.97
-2%
|
-1.5
+70%
|
0.58
N/A
|
3.92
+576%
|
5.34
+36%
|
3.73
-30%
|
2.99
-20%
|
1.62
-46%
|
0.13
-92%
|
0.09
-31%
|
-0.12
N/A
|
-0.2
-67%
|
|