Chip Eng Seng Corporation Ltd
SGX:C29
Income Statement
Earnings Waterfall
Chip Eng Seng Corporation Ltd
Income Statement
Chip Eng Seng Corporation Ltd
| Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | 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 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
521
N/A
|
482
-7%
|
439
-9%
|
360
-18%
|
265
-26%
|
262
-1%
|
452
+73%
|
617
+37%
|
698
+13%
|
725
+4%
|
552
-24%
|
503
-9%
|
570
+13%
|
585
+3%
|
910
+56%
|
1 106
+21%
|
1 075
-3%
|
1 149
+7%
|
891
-22%
|
676
-24%
|
621
-8%
|
658
+6%
|
652
-1%
|
748
+15%
|
803
+7%
|
782
-3%
|
844
+8%
|
851
+1%
|
883
+4%
|
926
+5%
|
1 030
+11%
|
1 080
+5%
|
1 148
+6%
|
1 130
-2%
|
1 080
-4%
|
1 056
-2%
|
840
-20%
|
675
-20%
|
1 007
+49%
|
1 115
+11%
|
1 129
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(431)
|
(373)
|
(295)
|
(220)
|
(146)
|
(156)
|
(334)
|
(487)
|
(563)
|
(589)
|
(459)
|
(413)
|
(452)
|
(461)
|
(706)
|
(773)
|
(746)
|
(796)
|
(592)
|
(515)
|
(473)
|
(502)
|
(509)
|
(602)
|
(645)
|
(652)
|
(707)
|
(693)
|
(711)
|
(721)
|
(797)
|
(838)
|
(883)
|
(878)
|
(841)
|
(861)
|
(702)
|
(609)
|
(898)
|
(976)
|
(952)
|
|
| Gross Profit |
91
N/A
|
109
+21%
|
144
+32%
|
140
-3%
|
119
-15%
|
106
-11%
|
118
+11%
|
130
+10%
|
135
+4%
|
136
+1%
|
93
-32%
|
89
-4%
|
118
+33%
|
124
+5%
|
204
+65%
|
332
+63%
|
330
-1%
|
352
+7%
|
300
-15%
|
161
-46%
|
148
-8%
|
156
+6%
|
143
-9%
|
146
+2%
|
158
+8%
|
130
-18%
|
136
+5%
|
157
+16%
|
172
+9%
|
204
+19%
|
233
+14%
|
242
+4%
|
266
+10%
|
252
-5%
|
239
-5%
|
195
-19%
|
138
-29%
|
65
-53%
|
109
+68%
|
139
+27%
|
177
+27%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(33)
|
(31)
|
(32)
|
(33)
|
(33)
|
(36)
|
(41)
|
(57)
|
(65)
|
(65)
|
(61)
|
(48)
|
(56)
|
(58)
|
(62)
|
(61)
|
(62)
|
(70)
|
(80)
|
(82)
|
(87)
|
(87)
|
(73)
|
(63)
|
(66)
|
(65)
|
(69)
|
(71)
|
(79)
|
(85)
|
(94)
|
(105)
|
(107)
|
(108)
|
(107)
|
(107)
|
(94)
|
(108)
|
(125)
|
(107)
|
(138)
|
|
| Selling, General & Administrative |
(34)
|
(32)
|
(33)
|
(33)
|
(34)
|
(37)
|
(42)
|
(59)
|
(66)
|
(66)
|
(63)
|
(49)
|
(57)
|
(59)
|
(63)
|
(63)
|
(65)
|
(73)
|
(84)
|
(86)
|
(91)
|
(93)
|
(79)
|
(67)
|
(73)
|
(69)
|
(73)
|
(74)
|
(81)
|
(87)
|
(97)
|
(108)
|
(111)
|
(113)
|
(111)
|
(110)
|
(113)
|
(132)
|
(132)
|
(110)
|
(116)
|
|
| Depreciation & Amortization |
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
|
|
| Other Operating Expenses |
1
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
3
|
4
|
3
|
4
|
7
|
6
|
4
|
7
|
4
|
4
|
3
|
3
|
2
|
3
|
4
|
4
|
4
|
4
|
4
|
19
|
23
|
8
|
3
|
(21)
|
|
| Operating Income |
57
N/A
|
78
+36%
|
112
+44%
|
107
-5%
|
86
-20%
|
70
-19%
|
77
+10%
|
72
-6%
|
71
-2%
|
71
+1%
|
32
-55%
|
42
+31%
|
62
+50%
|
66
+6%
|
143
+117%
|
272
+90%
|
268
-2%
|
283
+6%
|
219
-22%
|
79
-64%
|
62
-22%
|
70
+13%
|
70
N/A
|
84
+20%
|
92
+10%
|
65
-30%
|
67
+4%
|
86
+28%
|
93
+8%
|
119
+28%
|
139
+16%
|
138
-1%
|
159
+15%
|
144
-9%
|
132
-8%
|
88
-33%
|
44
-50%
|
(43)
N/A
|
(15)
+65%
|
32
N/A
|
40
+23%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
161
|
142
|
42
|
35
|
5
|
8
|
10
|
36
|
38
|
37
|
63
|
43
|
43
|
50
|
29
|
52
|
50
|
40
|
30
|
(12)
|
(12)
|
(17)
|
(15)
|
(8)
|
(4)
|
(3)
|
6
|
(15)
|
(22)
|
(23)
|
(45)
|
(40)
|
(59)
|
(67)
|
(65)
|
(45)
|
(42)
|
(34)
|
(33)
|
(43)
|
(28)
|
|
| Non-Reccuring Items |
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
(2)
|
12
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
220
N/A
|
220
+0%
|
155
-30%
|
142
-8%
|
91
-36%
|
79
-14%
|
88
+11%
|
109
+24%
|
109
+0%
|
108
-1%
|
95
-12%
|
85
-10%
|
106
+24%
|
116
+10%
|
172
+48%
|
324
+88%
|
318
-2%
|
323
+1%
|
250
-23%
|
68
-73%
|
50
-26%
|
54
+8%
|
55
+3%
|
76
+37%
|
89
+16%
|
62
-30%
|
73
+18%
|
71
-2%
|
71
-1%
|
97
+36%
|
94
-3%
|
98
+4%
|
99
+1%
|
78
-22%
|
67
-13%
|
44
-35%
|
2
-95%
|
(77)
N/A
|
(41)
+47%
|
(13)
+69%
|
24
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(7)
|
(10)
|
(20)
|
(18)
|
(16)
|
(13)
|
(17)
|
(27)
|
(27)
|
(27)
|
(17)
|
(12)
|
(15)
|
(14)
|
(24)
|
(43)
|
(41)
|
(45)
|
(36)
|
(10)
|
(9)
|
(15)
|
(16)
|
(24)
|
(26)
|
(14)
|
(16)
|
(15)
|
(16)
|
(27)
|
(21)
|
(18)
|
(15)
|
(7)
|
(13)
|
(12)
|
(9)
|
(1)
|
(2)
|
(9)
|
(16)
|
|
| Income from Continuing Operations |
213
|
210
|
135
|
124
|
76
|
66
|
71
|
81
|
82
|
81
|
78
|
73
|
90
|
102
|
148
|
281
|
277
|
278
|
214
|
57
|
42
|
39
|
39
|
52
|
62
|
48
|
57
|
56
|
55
|
70
|
73
|
80
|
84
|
71
|
54
|
33
|
(7)
|
(78)
|
(44)
|
(22)
|
8
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
7
|
6
|
4
|
(1)
|
(9)
|
(16)
|
(19)
|
(21)
|
(23)
|
(23)
|
(25)
|
(25)
|
(23)
|
(17)
|
(11)
|
(6)
|
(3)
|
1
|
0
|
(3)
|
(13)
|
(10)
|
(1)
|
|
| Net Income (Common) |
213
N/A
|
210
-1%
|
135
-36%
|
124
-8%
|
76
-39%
|
66
-14%
|
71
+8%
|
81
+15%
|
82
+0%
|
81
-1%
|
78
-4%
|
73
-6%
|
90
+23%
|
102
+13%
|
148
+45%
|
281
+90%
|
277
-1%
|
280
+1%
|
221
-21%
|
63
-71%
|
46
-28%
|
39
-16%
|
31
-21%
|
36
+17%
|
44
+22%
|
27
-39%
|
34
+28%
|
33
-4%
|
30
-8%
|
45
+49%
|
50
+11%
|
63
+26%
|
73
+16%
|
65
-11%
|
52
-21%
|
33
-35%
|
(6)
N/A
|
(81)
-1 179%
|
(57)
+30%
|
(31)
+44%
|
7
N/A
|
|
| EPS (Diluted) |
0.32
N/A
|
0.32
N/A
|
0.21
-34%
|
0.19
-10%
|
0.12
-37%
|
0.1
-17%
|
0.11
+10%
|
0.12
+9%
|
0.13
+8%
|
0.13
N/A
|
0.12
-8%
|
0.11
-8%
|
0.13
+18%
|
0.15
+15%
|
0.22
+47%
|
0.44
+100%
|
0.44
N/A
|
0.44
N/A
|
0.35
-20%
|
0.1
-71%
|
0.07
-30%
|
0.06
-14%
|
0.05
-17%
|
0.06
+20%
|
0.06
N/A
|
0.04
-33%
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.07
+40%
|
0.08
+14%
|
0.1
+25%
|
0.12
+20%
|
0.1
-17%
|
0.08
-20%
|
0.05
-38%
|
-0.01
N/A
|
-0.1
-900%
|
-0.07
+30%
|
-0.04
+43%
|
0.01
N/A
|
|