Baoshan Iron & Steel Co Ltd
SSE:600019
Income Statement
Earnings Waterfall
Baoshan Iron & Steel Co Ltd
Revenue
|
345.2B
CNY
|
Cost of Revenue
|
-333.7B
CNY
|
Gross Profit
|
11.6B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
10.5B
CNY
|
Other Expenses
|
613.7m
CNY
|
Net Income
|
11.1B
CNY
|
Income Statement
Baoshan Iron & Steel Co Ltd
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 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
187 930
N/A
|
190 026
+1%
|
190 435
+0%
|
191 560
+1%
|
191 404
0%
|
187 789
-2%
|
182 418
-3%
|
170 940
-6%
|
166 356
-3%
|
164 117
-1%
|
170 798
+4%
|
189 898
+11%
|
217 811
+15%
|
246 421
+13%
|
270 753
+10%
|
297 208
+10%
|
305 513
+3%
|
289 498
-5%
|
296 481
+2%
|
292 632
-1%
|
291 806
0%
|
305 507
+5%
|
303 438
-1%
|
298 105
-2%
|
297 400
0%
|
292 434
-2%
|
287 116
-2%
|
281 331
-2%
|
275 564
-2%
|
284 436
+3%
|
308 151
+8%
|
338 823
+10%
|
359 331
+6%
|
365 342
+2%
|
364 316
0%
|
361 583
-1%
|
365 591
+1%
|
369 058
+1%
|
361 683
-2%
|
355 022
-2%
|
345 243
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(172 422)
|
(172 592)
|
(172 416)
|
(173 345)
|
(171 898)
|
(169 237)
|
(164 029)
|
(152 984)
|
(150 328)
|
(150 058)
|
(156 021)
|
(171 935)
|
(196 328)
|
(218 714)
|
(239 040)
|
(266 358)
|
(271 170)
|
(249 050)
|
(256 549)
|
(248 428)
|
(244 991)
|
(259 763)
|
(263 344)
|
(260 105)
|
(264 394)
|
(259 816)
|
(256 457)
|
(253 312)
|
(246 164)
|
(252 923)
|
(272 366)
|
(292 469)
|
(308 779)
|
(316 834)
|
(321 511)
|
(325 626)
|
(336 389)
|
(347 578)
|
(344 886)
|
(343 858)
|
(333 680)
|
|
Gross Profit |
15 508
N/A
|
17 434
+12%
|
18 019
+3%
|
18 214
+1%
|
19 505
+7%
|
18 552
-5%
|
18 389
-1%
|
17 957
-2%
|
16 029
-11%
|
14 059
-12%
|
14 777
+5%
|
17 962
+22%
|
21 482
+20%
|
27 707
+29%
|
31 713
+14%
|
30 850
-3%
|
34 343
+11%
|
40 447
+18%
|
39 932
-1%
|
44 204
+11%
|
46 815
+6%
|
45 743
-2%
|
40 093
-12%
|
38 000
-5%
|
33 005
-13%
|
32 619
-1%
|
30 659
-6%
|
28 018
-9%
|
29 400
+5%
|
31 513
+7%
|
35 785
+14%
|
46 354
+30%
|
50 552
+9%
|
48 508
-4%
|
42 805
-12%
|
35 958
-16%
|
29 202
-19%
|
21 480
-26%
|
16 797
-22%
|
11 165
-34%
|
11 563
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 006)
|
(11 053)
|
(11 340)
|
(11 536)
|
(11 701)
|
(10 843)
|
(10 719)
|
(10 595)
|
(10 550)
|
(11 146)
|
(10 718)
|
(11 772)
|
(11 751)
|
(13 103)
|
(14 459)
|
(14 047)
|
(15 608)
|
(15 079)
|
(13 420)
|
(13 990)
|
(14 362)
|
(17 806)
|
(15 349)
|
(15 665)
|
(15 146)
|
(18 201)
|
(16 884)
|
(16 434)
|
(16 282)
|
(16 324)
|
(15 702)
|
(16 903)
|
(18 247)
|
(18 819)
|
(16 796)
|
(17 265)
|
(17 618)
|
(10 218)
|
(7 178)
|
(4 289)
|
(1 103)
|
|
Selling, General & Administrative |
(8 496)
|
(9 357)
|
(9 141)
|
(9 484)
|
(9 649)
|
(10 356)
|
(10 110)
|
(9 977)
|
(9 743)
|
(5 783)
|
(9 323)
|
(10 307)
|
(10 688)
|
(8 432)
|
(13 019)
|
(12 896)
|
(13 141)
|
(9 871)
|
(11 118)
|
(11 865)
|
(11 896)
|
(10 427)
|
(10 478)
|
(8 541)
|
(7 468)
|
(8 872)
|
(8 590)
|
(8 312)
|
(8 164)
|
(6 996)
|
(7 111)
|
(6 992)
|
(6 800)
|
(7 032)
|
(4 820)
|
(4 686)
|
(4 917)
|
(6 859)
|
(6 350)
|
(6 443)
|
(6 289)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3 449)
|
0
|
0
|
0
|
(3 942)
|
0
|
0
|
(975)
|
(4 207)
|
0
|
0
|
(3 167)
|
(5 928)
|
(5 673)
|
(7 684)
|
(8 122)
|
(7 585)
|
(9 158)
|
(8 949)
|
(8 619)
|
(7 356)
|
(9 473)
|
(10 897)
|
(12 191)
|
(10 371)
|
(11 683)
|
(11 410)
|
(11 747)
|
(2 972)
|
(7 245)
|
(5 019)
|
(2 253)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(637)
|
0
|
0
|
0
|
(739)
|
0
|
0
|
0
|
(753)
|
0
|
0
|
0
|
(1 943)
|
0
|
0
|
0
|
(2 118)
|
0
|
0
|
0
|
(2 373)
|
0
|
0
|
0
|
(1 923)
|
0
|
0
|
0
|
(1 053)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(2 509)
|
(1 696)
|
(2 198)
|
(2 051)
|
(2 052)
|
(488)
|
(610)
|
(619)
|
(808)
|
(1 277)
|
(1 396)
|
(1 465)
|
(1 061)
|
10
|
(1 438)
|
(1 151)
|
(1 493)
|
(248)
|
(2 302)
|
(2 125)
|
701
|
493
|
802
|
559
|
442
|
375
|
864
|
827
|
500
|
401
|
883
|
988
|
745
|
507
|
(293)
|
(1 170)
|
(955)
|
666
|
6 416
|
7 174
|
7 439
|
|
Operating Income |
4 502
N/A
|
6 381
+42%
|
6 680
+5%
|
6 679
0%
|
7 805
+17%
|
7 709
-1%
|
7 669
-1%
|
7 360
-4%
|
5 477
-26%
|
2 913
-47%
|
4 058
+39%
|
6 190
+53%
|
9 732
+57%
|
14 604
+50%
|
17 255
+18%
|
16 803
-3%
|
18 734
+11%
|
25 369
+35%
|
26 512
+5%
|
30 215
+14%
|
32 455
+7%
|
27 938
-14%
|
24 746
-11%
|
22 336
-10%
|
17 860
-20%
|
14 417
-19%
|
13 775
-4%
|
11 585
-16%
|
13 118
+13%
|
15 189
+16%
|
20 083
+32%
|
29 452
+47%
|
32 305
+10%
|
29 690
-8%
|
26 009
-12%
|
18 692
-28%
|
11 584
-38%
|
11 262
-3%
|
9 619
-15%
|
6 876
-29%
|
10 460
+52%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 090
|
1 300
|
897
|
340
|
(68)
|
(68)
|
44
|
245
|
(1 657)
|
(1 287)
|
(2 172)
|
(3 276)
|
(1 910)
|
(2 690)
|
(2 168)
|
(1 456)
|
(601)
|
(452)
|
(38)
|
(56)
|
(832)
|
9
|
24
|
759
|
1 402
|
1 302
|
1 143
|
1 370
|
1 342
|
1 612
|
1 954
|
2 000
|
2 502
|
1 680
|
2 654
|
2 867
|
3 409
|
3 535
|
2 822
|
3 549
|
3 095
|
|
Non-Reccuring Items |
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
133
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
402
|
0
|
0
|
276
|
154
|
248
|
895
|
1 075
|
(504)
|
1 274
|
616
|
484
|
293
|
820
|
896
|
936
|
|
Gain/Loss on Disposition of Assets |
0
|
(112)
|
(64)
|
(41)
|
0
|
46
|
474
|
139
|
185
|
(544)
|
(326)
|
(162)
|
(267)
|
(413)
|
0
|
(78)
|
0
|
(846)
|
0
|
0
|
0
|
(350)
|
0
|
0
|
0
|
(467)
|
0
|
0
|
0
|
(718)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(228)
|
438
|
365
|
327
|
647
|
591
|
176
|
461
|
281
|
548
|
310
|
(7)
|
(69)
|
383
|
(466)
|
(247)
|
(389)
|
(43)
|
(565)
|
(558)
|
(549)
|
(15)
|
(494)
|
(640)
|
(641)
|
(53)
|
(602)
|
(471)
|
(603)
|
(216)
|
(1 067)
|
(1 620)
|
(1 864)
|
(157)
|
(1 603)
|
(1 144)
|
(751)
|
(46)
|
(548)
|
(619)
|
(690)
|
|
Pre-Tax Income |
5 363
N/A
|
8 010
+49%
|
7 878
-2%
|
7 303
-7%
|
8 384
+15%
|
8 278
-1%
|
8 363
+1%
|
8 205
-2%
|
4 286
-48%
|
1 763
-59%
|
1 870
+6%
|
2 745
+47%
|
7 485
+173%
|
11 889
+59%
|
14 621
+23%
|
15 021
+3%
|
17 744
+18%
|
24 035
+35%
|
25 909
+8%
|
29 601
+14%
|
31 074
+5%
|
27 585
-11%
|
24 275
-12%
|
22 454
-8%
|
18 621
-17%
|
15 600
-16%
|
14 316
-8%
|
12 484
-13%
|
14 133
+13%
|
16 022
+13%
|
21 218
+32%
|
30 727
+45%
|
34 018
+11%
|
30 708
-10%
|
28 335
-8%
|
21 031
-26%
|
14 725
-30%
|
15 044
+2%
|
12 713
-15%
|
10 702
-16%
|
13 801
+29%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 398)
|
(1 969)
|
(1 929)
|
(1 751)
|
(1 899)
|
(2 187)
|
(2 221)
|
(2 146)
|
(1 166)
|
(1 117)
|
(1 290)
|
(1 498)
|
(2 962)
|
(2 550)
|
(2 686)
|
(2 837)
|
(2 082)
|
(3 632)
|
(4 137)
|
(5 035)
|
(6 008)
|
(4 540)
|
(3 818)
|
(3 189)
|
(2 719)
|
(1 728)
|
(1 613)
|
(1 229)
|
(1 555)
|
(2 036)
|
(2 951)
|
(4 454)
|
(4 681)
|
(4 253)
|
(3 577)
|
(2 337)
|
(1 380)
|
(1 015)
|
(865)
|
(475)
|
(1 090)
|
|
Income from Continuing Operations |
3 965
|
6 040
|
5 949
|
5 551
|
6 484
|
6 091
|
6 141
|
6 059
|
3 120
|
646
|
580
|
1 247
|
4 523
|
9 339
|
11 935
|
12 183
|
15 661
|
20 403
|
21 770
|
24 565
|
25 065
|
23 044
|
20 457
|
19 265
|
15 901
|
13 872
|
12 703
|
11 255
|
12 579
|
13 985
|
18 267
|
26 273
|
29 337
|
26 455
|
24 758
|
18 694
|
13 345
|
14 029
|
11 848
|
10 228
|
12 710
|
|
Income to Minority Interest |
(25)
|
(222)
|
(249)
|
(282)
|
(297)
|
(298)
|
(311)
|
(246)
|
(83)
|
299
|
376
|
265
|
135
|
(263)
|
(632)
|
(680)
|
(885)
|
(1 233)
|
(1 366)
|
(1 555)
|
(1 816)
|
(1 596)
|
(1 303)
|
(1 487)
|
(1 182)
|
(1 309)
|
(1 327)
|
(1 026)
|
(1 172)
|
(1 309)
|
(1 767)
|
(2 513)
|
(2 933)
|
(2 823)
|
(2 757)
|
(2 359)
|
(1 840)
|
(1 842)
|
(1 548)
|
(1 280)
|
(1 637)
|
|
Net Income (Common) |
3 940
N/A
|
5 818
+48%
|
5 701
-2%
|
5 270
-8%
|
6 187
+17%
|
5 792
-6%
|
5 829
+1%
|
5 812
0%
|
3 036
-48%
|
944
-69%
|
956
+1%
|
1 511
+58%
|
4 658
+208%
|
9 076
+95%
|
11 303
+25%
|
11 504
+2%
|
14 776
+28%
|
19 170
+30%
|
20 405
+6%
|
23 011
+13%
|
23 250
+1%
|
21 449
-8%
|
19 154
-11%
|
17 779
-7%
|
14 721
-17%
|
12 563
-15%
|
11 379
-9%
|
10 231
-10%
|
11 408
+12%
|
12 677
+11%
|
16 500
+30%
|
23 760
+44%
|
26 404
+11%
|
23 632
-10%
|
22 001
-7%
|
16 335
-26%
|
11 506
-30%
|
12 187
+6%
|
10 300
-15%
|
8 948
-13%
|
11 074
+24%
|
|
EPS (Diluted) |
0.24
N/A
|
0.35
+46%
|
0.34
-3%
|
0.32
-6%
|
0.37
+16%
|
0.35
-5%
|
0.35
N/A
|
0.35
N/A
|
0.18
-49%
|
0.06
-67%
|
0.03
-50%
|
0.13
+333%
|
0.28
+115%
|
0.41
+46%
|
0.51
+24%
|
0.52
+2%
|
0.67
+29%
|
0.87
+30%
|
0.93
+7%
|
1.04
+12%
|
1.05
+1%
|
0.96
-9%
|
0.85
-11%
|
0.79
-7%
|
0.65
-18%
|
0.56
-14%
|
0.51
-9%
|
0.46
-10%
|
0.51
+11%
|
0.57
+12%
|
0.74
+30%
|
1.07
+45%
|
1.2
+12%
|
1.07
-11%
|
1
-7%
|
0.74
-26%
|
0.52
-30%
|
0.55
+6%
|
0.46
-16%
|
0.41
-11%
|
0.51
+24%
|