State Grid Information&Communication Co Ltd
SSE:600131
Income Statement
Earnings Waterfall
State Grid Information&Communication Co Ltd
Revenue
|
6.9B
CNY
|
Cost of Revenue
|
-5.5B
CNY
|
Gross Profit
|
1.5B
CNY
|
Operating Expenses
|
-851.7m
CNY
|
Operating Income
|
617.6m
CNY
|
Other Expenses
|
107.5m
CNY
|
Net Income
|
725m
CNY
|
Income Statement
State Grid Information&Communication 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 |
825
N/A
|
772
-6%
|
731
-5%
|
709
-3%
|
763
+8%
|
830
+9%
|
846
+2%
|
875
+3%
|
925
+6%
|
936
+1%
|
981
+5%
|
1 047
+7%
|
1 101
+5%
|
1 137
+3%
|
1 062
-7%
|
950
-11%
|
848
-11%
|
822
-3%
|
891
+8%
|
964
+8%
|
1 060
+10%
|
6 559
+519%
|
7 439
+13%
|
9 002
+21%
|
10 527
+17%
|
7 765
-26%
|
11 561
+49%
|
11 487
-1%
|
11 179
-3%
|
7 011
-37%
|
7 146
+2%
|
7 194
+1%
|
7 070
-2%
|
7 466
+6%
|
7 596
+2%
|
7 532
-1%
|
7 830
+4%
|
7 615
-3%
|
7 739
+2%
|
7 494
-3%
|
6 920
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(651)
|
(614)
|
(591)
|
(573)
|
(604)
|
(648)
|
(676)
|
(710)
|
(738)
|
(750)
|
(782)
|
(818)
|
(879)
|
(921)
|
(895)
|
(831)
|
(758)
|
(711)
|
(759)
|
(820)
|
(906)
|
(5 290)
|
(6 030)
|
(7 309)
|
(8 560)
|
(6 330)
|
(9 429)
|
(9 401)
|
(9 134)
|
(5 678)
|
(5 831)
|
(5 808)
|
(5 698)
|
(6 045)
|
(6 181)
|
(6 127)
|
(6 350)
|
(6 046)
|
(6 156)
|
(5 966)
|
(5 451)
|
|
Gross Profit |
174
N/A
|
158
-9%
|
140
-11%
|
136
-3%
|
159
+17%
|
181
+14%
|
170
-6%
|
165
-3%
|
187
+13%
|
186
-1%
|
199
+7%
|
229
+15%
|
222
-3%
|
215
-3%
|
167
-22%
|
119
-29%
|
89
-25%
|
111
+24%
|
132
+19%
|
144
+9%
|
154
+7%
|
1 269
+723%
|
1 409
+11%
|
1 693
+20%
|
1 967
+16%
|
1 435
-27%
|
2 132
+49%
|
2 086
-2%
|
2 046
-2%
|
1 333
-35%
|
1 316
-1%
|
1 386
+5%
|
1 371
-1%
|
1 421
+4%
|
1 415
0%
|
1 406
-1%
|
1 479
+5%
|
1 569
+6%
|
1 583
+1%
|
1 527
-4%
|
1 469
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(132)
|
(70)
|
(147)
|
(146)
|
(141)
|
(75)
|
(69)
|
(69)
|
(69)
|
(79)
|
(75)
|
(74)
|
(79)
|
(83)
|
(77)
|
(66)
|
(66)
|
(74)
|
(71)
|
(84)
|
(81)
|
(736)
|
(883)
|
(1 035)
|
(1 191)
|
(892)
|
(1 302)
|
(1 289)
|
(1 271)
|
(793)
|
(745)
|
(775)
|
(773)
|
(751)
|
(731)
|
(726)
|
(763)
|
(807)
|
(814)
|
(803)
|
(852)
|
|
Selling, General & Administrative |
(80)
|
(58)
|
(66)
|
(65)
|
(61)
|
(56)
|
(69)
|
(69)
|
(68)
|
(59)
|
(73)
|
(73)
|
(78)
|
(66)
|
(77)
|
(74)
|
(69)
|
(66)
|
(70)
|
(76)
|
(80)
|
(518)
|
(626)
|
(733)
|
(867)
|
(659)
|
(1 027)
|
(1 024)
|
(987)
|
(522)
|
(569)
|
(593)
|
(587)
|
(541)
|
(594)
|
(576)
|
(580)
|
(555)
|
(639)
|
(632)
|
(648)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(200)
|
(44)
|
(86)
|
(108)
|
(231)
|
(322)
|
(325)
|
(349)
|
(242)
|
(253)
|
(251)
|
(217)
|
(156)
|
(162)
|
(177)
|
(217)
|
(194)
|
(210)
|
(209)
|
(236)
|
|
Depreciation & Amortization |
0
|
(6)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(51)
|
(6)
|
(81)
|
(81)
|
(80)
|
(6)
|
1
|
0
|
(0)
|
(7)
|
(2)
|
(1)
|
(1)
|
(8)
|
0
|
8
|
3
|
(3)
|
(1)
|
(8)
|
(0)
|
(12)
|
(214)
|
(216)
|
(216)
|
8
|
47
|
60
|
65
|
25
|
77
|
69
|
31
|
(8)
|
25
|
26
|
34
|
3
|
35
|
38
|
33
|
|
Operating Income |
42
N/A
|
88
+109%
|
(7)
N/A
|
(10)
-55%
|
18
N/A
|
107
+506%
|
101
-5%
|
97
-5%
|
119
+23%
|
107
-10%
|
125
+17%
|
155
+25%
|
143
-8%
|
133
-7%
|
91
-31%
|
53
-42%
|
24
-55%
|
37
+57%
|
61
+64%
|
61
0%
|
74
+21%
|
532
+624%
|
525
-1%
|
658
+25%
|
776
+18%
|
544
-30%
|
830
+53%
|
797
-4%
|
775
-3%
|
540
-30%
|
571
+6%
|
611
+7%
|
598
-2%
|
670
+12%
|
684
+2%
|
679
-1%
|
717
+6%
|
762
+6%
|
769
+1%
|
724
-6%
|
618
-15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(35)
|
(43)
|
(35)
|
(11)
|
5
|
26
|
34
|
41
|
39
|
35
|
41
|
33
|
43
|
30
|
27
|
33
|
37
|
45
|
52
|
56
|
49
|
(4)
|
(22)
|
(38)
|
(35)
|
21
|
(16)
|
(2)
|
11
|
92
|
93
|
96
|
103
|
100
|
94
|
102
|
109
|
128
|
119
|
133
|
134
|
|
Non-Reccuring Items |
0
|
(82)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
28
|
0
|
0
|
29
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(31)
|
(2)
|
(2)
|
(2)
|
32
|
0
|
(0)
|
(0)
|
(13)
|
(14)
|
(14)
|
(20)
|
3
|
(9)
|
(8)
|
(2)
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
(159)
|
(111)
|
(143)
|
(33)
|
51
|
(5)
|
29
|
31
|
(3)
|
2
|
3
|
14
|
15
|
12
|
23
|
11
|
6
|
3
|
2
|
3
|
6
|
(15)
|
(3)
|
(4)
|
(4)
|
7
|
(5)
|
(6)
|
(6)
|
2
|
2
|
3
|
4
|
(0)
|
(0)
|
(0)
|
(1)
|
(6)
|
19
|
32
|
31
|
|
Pre-Tax Income |
(152)
N/A
|
(180)
-18%
|
(185)
-3%
|
(56)
+70%
|
71
N/A
|
160
+124%
|
164
+2%
|
168
+3%
|
154
-8%
|
130
-15%
|
155
+19%
|
188
+22%
|
181
-4%
|
178
-2%
|
132
-26%
|
88
-33%
|
64
-27%
|
78
+22%
|
114
+46%
|
119
+4%
|
128
+8%
|
483
+276%
|
500
+3%
|
616
+23%
|
737
+20%
|
571
-23%
|
809
+42%
|
789
-3%
|
779
-1%
|
663
-15%
|
666
+0%
|
710
+7%
|
734
+3%
|
770
+5%
|
777
+1%
|
781
+0%
|
825
+6%
|
884
+7%
|
907
+3%
|
890
-2%
|
783
-12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
13
|
13
|
11
|
11
|
(8)
|
(8)
|
(12)
|
(18)
|
(7)
|
(10)
|
(16)
|
(14)
|
(19)
|
(16)
|
(10)
|
(5)
|
(0)
|
(2)
|
(3)
|
(6)
|
(42)
|
(42)
|
(54)
|
(58)
|
(45)
|
(66)
|
(69)
|
(80)
|
(56)
|
(58)
|
(53)
|
(48)
|
(93)
|
(95)
|
(90)
|
(100)
|
(82)
|
(82)
|
(69)
|
(58)
|
|
Income from Continuing Operations |
(155)
|
(167)
|
(172)
|
(44)
|
83
|
152
|
156
|
156
|
136
|
124
|
145
|
172
|
167
|
159
|
116
|
79
|
60
|
78
|
113
|
116
|
123
|
441
|
458
|
561
|
680
|
526
|
743
|
720
|
699
|
607
|
609
|
656
|
686
|
677
|
682
|
691
|
725
|
802
|
825
|
820
|
725
|
|
Income to Minority Interest |
7
|
5
|
5
|
5
|
4
|
4
|
4
|
5
|
4
|
3
|
2
|
2
|
3
|
6
|
7
|
(1)
|
(0)
|
2
|
2
|
9
|
8
|
(32)
|
(35)
|
(45)
|
(60)
|
(39)
|
(64)
|
(55)
|
(40)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(148)
N/A
|
(162)
-10%
|
(168)
-3%
|
(40)
+76%
|
87
N/A
|
156
+80%
|
160
+2%
|
161
+1%
|
140
-13%
|
127
-9%
|
147
+16%
|
174
+18%
|
170
-2%
|
164
-3%
|
123
-25%
|
78
-36%
|
59
-24%
|
80
+35%
|
114
+43%
|
125
+10%
|
131
+4%
|
408
+213%
|
423
+4%
|
517
+22%
|
620
+20%
|
487
-21%
|
679
+39%
|
665
-2%
|
659
-1%
|
607
-8%
|
609
+0%
|
656
+8%
|
686
+5%
|
677
-1%
|
682
+1%
|
691
+1%
|
725
+5%
|
802
+11%
|
825
+3%
|
820
0%
|
725
-12%
|
|
EPS (Diluted) |
-0.29
N/A
|
-0.32
-10%
|
-0.33
-3%
|
-0.08
+76%
|
0.17
N/A
|
0.31
+82%
|
0.32
+3%
|
0.33
+3%
|
0.29
-12%
|
0.25
-14%
|
0.3
+20%
|
0.35
+17%
|
0.34
-3%
|
0.33
-3%
|
0.25
-24%
|
0.16
-36%
|
0.12
-25%
|
0.16
+33%
|
0.22
+38%
|
0.24
+9%
|
0.25
+4%
|
0.81
+224%
|
0.83
+2%
|
1.02
+23%
|
1.23
+21%
|
0.44
-64%
|
0.61
+39%
|
0.59
-3%
|
0.55
-7%
|
0.51
-7%
|
0.51
N/A
|
0.55
+8%
|
0.57
+4%
|
0.57
N/A
|
0.57
N/A
|
0.58
+2%
|
0.61
+5%
|
0.67
+10%
|
0.69
+3%
|
0.68
-1%
|
0.6
-12%
|