Japfa Ltd
SGX:UD2
Income Statement
Earnings Waterfall
Japfa Ltd
Revenue
|
4.4B
USD
|
Cost of Revenue
|
-3.9B
USD
|
Gross Profit
|
533.4m
USD
|
Operating Expenses
|
-414.6m
USD
|
Operating Income
|
118.8m
USD
|
Other Expenses
|
-149.6m
USD
|
Net Income
|
-30.8m
USD
|
Income Statement
Japfa 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 |
2 697
N/A
|
2 712
+1%
|
2 777
+2%
|
2 882
+4%
|
2 947
+2%
|
2 933
0%
|
2 870
-2%
|
2 781
-3%
|
2 787
+0%
|
2 829
+2%
|
2 907
+3%
|
3 000
+3%
|
3 033
+1%
|
3 052
+1%
|
3 060
+0%
|
3 086
+1%
|
3 190
+3%
|
3 299
+3%
|
3 410
+3%
|
3 473
+2%
|
3 533
+2%
|
3 599
+2%
|
3 673
+2%
|
3 748
+2%
|
3 890
+4%
|
3 929
+1%
|
3 838
-2%
|
3 821
0%
|
3 868
+1%
|
4 022
+4%
|
5 400
+34%
|
5 586
+3%
|
4 092
-27%
|
7 004
+71%
|
5 993
-14%
|
6 112
+2%
|
4 364
-29%
|
5 375
+23%
|
6 241
+16%
|
6 175
-1%
|
4 429
-28%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 198)
|
(2 231)
|
(2 282)
|
(2 408)
|
(2 441)
|
(2 436)
|
(2 392)
|
(2 287)
|
(2 267)
|
(2 270)
|
(2 279)
|
(2 323)
|
(2 368)
|
(2 396)
|
(2 452)
|
(2 514)
|
(2 616)
|
(2 674)
|
(2 710)
|
(2 740)
|
(2 763)
|
(2 840)
|
(2 939)
|
(3 036)
|
(3 077)
|
(3 092)
|
(3 014)
|
(2 954)
|
(3 011)
|
(3 087)
|
(4 124)
|
(4 418)
|
(3 460)
|
(5 898)
|
(5 195)
|
(5 243)
|
(3 806)
|
(4 771)
|
(5 634)
|
(5 539)
|
(3 896)
|
|
Gross Profit |
499
N/A
|
481
-4%
|
494
+3%
|
474
-4%
|
506
+7%
|
498
-2%
|
479
-4%
|
493
+3%
|
520
+5%
|
559
+8%
|
628
+12%
|
677
+8%
|
665
-2%
|
656
-1%
|
607
-7%
|
572
-6%
|
574
+0%
|
626
+9%
|
700
+12%
|
733
+5%
|
770
+5%
|
759
-1%
|
734
-3%
|
712
-3%
|
814
+14%
|
837
+3%
|
823
-2%
|
867
+5%
|
858
-1%
|
934
+9%
|
1 277
+37%
|
1 168
-9%
|
632
-46%
|
1 105
+75%
|
798
-28%
|
870
+9%
|
558
-36%
|
604
+8%
|
608
+1%
|
636
+5%
|
533
-16%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(297)
|
(301)
|
(299)
|
(310)
|
(314)
|
(309)
|
(313)
|
(298)
|
(296)
|
(307)
|
(311)
|
(324)
|
(349)
|
(351)
|
(368)
|
(385)
|
(386)
|
(403)
|
(403)
|
(396)
|
(429)
|
(504)
|
(476)
|
(467)
|
(474)
|
(470)
|
(474)
|
(476)
|
(494)
|
(508)
|
(639)
|
(625)
|
(413)
|
(696)
|
(571)
|
(585)
|
(402)
|
(506)
|
(596)
|
(575)
|
(415)
|
|
Selling, General & Administrative |
(295)
|
(301)
|
(299)
|
(309)
|
(304)
|
(309)
|
(313)
|
(305)
|
(292)
|
(319)
|
(324)
|
(333)
|
(340)
|
(363)
|
(370)
|
(384)
|
(367)
|
(400)
|
(418)
|
(425)
|
(407)
|
(432)
|
(438)
|
(450)
|
(449)
|
(470)
|
(474)
|
(476)
|
(463)
|
(508)
|
(639)
|
(625)
|
(384)
|
(696)
|
(571)
|
(585)
|
(375)
|
(506)
|
(596)
|
(575)
|
(389)
|
|
Depreciation & Amortization |
0
|
(3)
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(25)
|
|
Other Operating Expenses |
(2)
|
2
|
(0)
|
(0)
|
1
|
1
|
(0)
|
7
|
8
|
12
|
13
|
10
|
3
|
12
|
2
|
(1)
|
0
|
(3)
|
15
|
29
|
0
|
(72)
|
(38)
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
203
N/A
|
179
-12%
|
195
+9%
|
164
-16%
|
192
+17%
|
189
-2%
|
165
-12%
|
196
+18%
|
224
+15%
|
252
+12%
|
317
+26%
|
353
+11%
|
316
-11%
|
305
-4%
|
239
-22%
|
187
-22%
|
189
+1%
|
223
+18%
|
297
+33%
|
337
+14%
|
342
+1%
|
255
-26%
|
258
+1%
|
245
-5%
|
339
+39%
|
367
+8%
|
349
-5%
|
391
+12%
|
364
-7%
|
427
+17%
|
638
+50%
|
543
-15%
|
219
-60%
|
409
+87%
|
227
-44%
|
285
+25%
|
156
-45%
|
98
-37%
|
12
-87%
|
61
+397%
|
119
+93%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(94)
|
(92)
|
(102)
|
(89)
|
(88)
|
(108)
|
(105)
|
(126)
|
(107)
|
(86)
|
(81)
|
(47)
|
(59)
|
(63)
|
(57)
|
(62)
|
(63)
|
(65)
|
(98)
|
(116)
|
(95)
|
(17)
|
(41)
|
(72)
|
(99)
|
(99)
|
(105)
|
(99)
|
(101)
|
(107)
|
(136)
|
(135)
|
(88)
|
(153)
|
(125)
|
(137)
|
(87)
|
(123)
|
(148)
|
(140)
|
(111)
|
|
Non-Reccuring Items |
6
|
19
|
13
|
12
|
(31)
|
(26)
|
(47)
|
(54)
|
(5)
|
(15)
|
(8)
|
7
|
(2)
|
(15)
|
(12)
|
(34)
|
(27)
|
(25)
|
(14)
|
(9)
|
(12)
|
(10)
|
(23)
|
(16)
|
(0)
|
2
|
22
|
27
|
164
|
8
|
21
|
18
|
(4)
|
(7)
|
(22)
|
(19)
|
(6)
|
(1)
|
(13)
|
(12)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
|
Total Other Income |
(1)
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
1
|
8
|
0
|
0
|
0
|
9
|
(0)
|
(1)
|
11
|
7
|
2
|
1
|
(2)
|
(3)
|
145
|
147
|
169
|
32
|
68
|
67
|
41
|
0
|
(2)
|
(1)
|
(7)
|
1
|
|
Pre-Tax Income |
115
N/A
|
107
-7%
|
106
0%
|
87
-18%
|
74
-16%
|
55
-25%
|
14
-75%
|
15
+7%
|
112
+656%
|
151
+35%
|
229
+51%
|
314
+37%
|
255
-19%
|
227
-11%
|
170
-25%
|
91
-47%
|
108
+19%
|
133
+24%
|
185
+39%
|
212
+14%
|
244
+15%
|
227
-7%
|
193
-15%
|
168
-13%
|
247
+47%
|
271
+10%
|
268
-1%
|
316
+18%
|
422
+33%
|
474
+12%
|
670
+41%
|
595
-11%
|
160
-73%
|
317
+98%
|
147
-54%
|
170
+16%
|
63
-63%
|
(28)
N/A
|
(150)
-442%
|
(98)
+35%
|
6
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(34)
|
(29)
|
(22)
|
(14)
|
(15)
|
(13)
|
(9)
|
(15)
|
(20)
|
(27)
|
(37)
|
(53)
|
(57)
|
(56)
|
(54)
|
(37)
|
(51)
|
(51)
|
(63)
|
(72)
|
(65)
|
(66)
|
(60)
|
(51)
|
(62)
|
(58)
|
(48)
|
(48)
|
(51)
|
(68)
|
(107)
|
(94)
|
(52)
|
(60)
|
(29)
|
(41)
|
(25)
|
(12)
|
6
|
(3)
|
(12)
|
|
Income from Continuing Operations |
81
|
78
|
85
|
74
|
59
|
42
|
5
|
0
|
92
|
124
|
192
|
261
|
198
|
171
|
117
|
53
|
56
|
82
|
122
|
140
|
178
|
161
|
134
|
117
|
185
|
213
|
221
|
268
|
372
|
406
|
563
|
501
|
108
|
256
|
118
|
129
|
38
|
(40)
|
(144)
|
(101)
|
(6)
|
|
Income to Minority Interest |
(40)
|
(40)
|
(42)
|
(32)
|
(28)
|
(18)
|
2
|
4
|
(27)
|
(43)
|
(69)
|
(98)
|
(79)
|
(73)
|
(67)
|
(49)
|
(55)
|
(66)
|
(73)
|
(80)
|
(78)
|
(69)
|
(67)
|
(54)
|
(65)
|
(66)
|
(37)
|
(41)
|
(50)
|
(71)
|
(150)
|
(147)
|
(94)
|
(125)
|
(78)
|
(83)
|
(53)
|
(34)
|
(10)
|
(24)
|
(25)
|
|
Net Income (Common) |
42
N/A
|
38
-10%
|
43
+14%
|
42
-3%
|
31
-25%
|
25
-21%
|
7
-72%
|
4
-41%
|
65
+1 478%
|
81
+25%
|
123
+51%
|
163
+33%
|
119
-27%
|
97
-18%
|
49
-49%
|
4
-91%
|
1
-70%
|
16
+1 104%
|
49
+208%
|
60
+23%
|
100
+67%
|
92
-9%
|
67
-27%
|
62
-7%
|
120
+92%
|
148
+23%
|
184
+25%
|
227
+24%
|
322
+42%
|
335
+4%
|
412
+23%
|
354
-14%
|
119
-66%
|
132
+11%
|
40
-70%
|
47
+18%
|
8
-83%
|
(50)
N/A
|
(130)
-161%
|
(102)
+22%
|
(31)
+70%
|
|
EPS (Diluted) |
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0
N/A
|
-0.01
N/A
|
0.04
N/A
|
0.04
N/A
|
0.06
+50%
|
0.09
+50%
|
0.07
-22%
|
0.05
-29%
|
0.03
-40%
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.03
+200%
|
0.04
+33%
|
0.05
+25%
|
0.05
N/A
|
0.04
-20%
|
0.03
-25%
|
0.06
+100%
|
0.08
+33%
|
0.09
+13%
|
0.12
+33%
|
0.16
+33%
|
0.16
N/A
|
0.2
+25%
|
0.17
-15%
|
0.05
-71%
|
0.06
+20%
|
0.02
-67%
|
0.02
N/A
|
-0.01
N/A
|
-0.04
-300%
|
-0.08
-100%
|
-0.06
+25%
|
-0.02
+67%
|