Wanhua Chemical Group Co Ltd
SSE:600309
Income Statement
Earnings Waterfall
Wanhua Chemical Group Co Ltd
Revenue
|
175.4B
CNY
|
Cost of Revenue
|
-146.1B
CNY
|
Gross Profit
|
29.3B
CNY
|
Operating Expenses
|
-8.1B
CNY
|
Operating Income
|
21.2B
CNY
|
Other Expenses
|
-4.4B
CNY
|
Net Income
|
16.8B
CNY
|
Income Statement
Wanhua Chemical Group Co 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 |
20 238
N/A
|
20 598
+2%
|
21 926
+6%
|
22 623
+3%
|
22 088
-2%
|
21 487
-3%
|
20 466
-5%
|
19 117
-7%
|
19 492
+2%
|
20 257
+4%
|
21 926
+8%
|
25 636
+17%
|
30 100
+17%
|
35 807
+19%
|
42 054
+17%
|
48 131
+14%
|
53 123
+10%
|
59 512
+12%
|
65 950
+11%
|
69 622
+6%
|
72 837
+5%
|
71 394
-2%
|
67 120
-6%
|
65 915
-2%
|
68 051
+3%
|
67 441
-1%
|
67 418
0%
|
68 743
+2%
|
73 433
+7%
|
89 402
+22%
|
110 183
+23%
|
131 519
+19%
|
145 538
+11%
|
156 010
+7%
|
167 000
+7%
|
168 640
+1%
|
165 565
-2%
|
165 720
+0%
|
164 073
-1%
|
167 699
+2%
|
175 361
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 708)
|
(14 130)
|
(15 374)
|
(16 048)
|
(15 273)
|
(14 976)
|
(13 973)
|
(13 055)
|
(13 627)
|
(14 426)
|
(15 851)
|
(18 254)
|
(20 755)
|
(23 823)
|
(27 166)
|
(30 317)
|
(32 034)
|
(35 652)
|
(39 174)
|
(42 962)
|
(47 284)
|
(49 132)
|
(47 915)
|
(47 716)
|
(49 189)
|
(50 695)
|
(52 633)
|
(53 661)
|
(53 989)
|
(63 535)
|
(76 560)
|
(92 203)
|
(107 585)
|
(120 177)
|
(134 268)
|
(141 173)
|
(138 393)
|
(140 436)
|
(139 649)
|
(140 872)
|
(146 071)
|
|
Gross Profit |
6 530
N/A
|
6 468
-1%
|
6 554
+1%
|
6 576
+0%
|
6 815
+4%
|
6 511
-4%
|
6 492
0%
|
6 061
-7%
|
5 865
-3%
|
5 830
-1%
|
6 074
+4%
|
7 382
+22%
|
9 345
+27%
|
11 985
+28%
|
14 889
+24%
|
17 815
+20%
|
21 089
+18%
|
23 861
+13%
|
26 777
+12%
|
26 660
0%
|
25 553
-4%
|
22 262
-13%
|
19 205
-14%
|
18 199
-5%
|
18 862
+4%
|
16 747
-11%
|
14 786
-12%
|
15 083
+2%
|
19 444
+29%
|
25 868
+33%
|
33 623
+30%
|
39 317
+17%
|
37 953
-3%
|
35 832
-6%
|
32 731
-9%
|
27 467
-16%
|
27 172
-1%
|
25 284
-7%
|
24 424
-3%
|
26 828
+10%
|
29 290
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 011)
|
(1 943)
|
(2 010)
|
(2 011)
|
(2 255)
|
(2 253)
|
(2 227)
|
(2 210)
|
(2 263)
|
(2 194)
|
(2 211)
|
(2 438)
|
(2 886)
|
(2 886)
|
(3 001)
|
(3 255)
|
(3 224)
|
(2 811)
|
(3 193)
|
(3 484)
|
(5 086)
|
(4 703)
|
(4 782)
|
(4 821)
|
(5 432)
|
(5 457)
|
(5 422)
|
(5 587)
|
(6 336)
|
(7 186)
|
(8 109)
|
(9 072)
|
(6 631)
|
(6 449)
|
(5 741)
|
(4 509)
|
(6 678)
|
(6 199)
|
(6 304)
|
(6 946)
|
(8 065)
|
|
Selling, General & Administrative |
(1 985)
|
(1 927)
|
(1 974)
|
(1 972)
|
(2 099)
|
(2 191)
|
(2 191)
|
(2 185)
|
(2 101)
|
(2 186)
|
(2 174)
|
(2 389)
|
(2 680)
|
(2 769)
|
(2 927)
|
(2 838)
|
(3 837)
|
(4 102)
|
(4 395)
|
(4 692)
|
(4 401)
|
(3 918)
|
(3 922)
|
(4 003)
|
(4 484)
|
(4 334)
|
(4 078)
|
(4 106)
|
(4 783)
|
(4 949)
|
(5 655)
|
(6 222)
|
(3 469)
|
(2 409)
|
(1 811)
|
(684)
|
(3 576)
|
(3 356)
|
(3 360)
|
(3 771)
|
(4 403)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(328)
|
0
|
(605)
|
(902)
|
(1 181)
|
(1 410)
|
(1 775)
|
(1 887)
|
(1 660)
|
(1 211)
|
(1 700)
|
(1 757)
|
(1 919)
|
(1 227)
|
(2 204)
|
(2 380)
|
(2 765)
|
(2 095)
|
(3 384)
|
(3 476)
|
(3 463)
|
(2 266)
|
(3 493)
|
(3 681)
|
(3 855)
|
(2 739)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(114)
|
0
|
0
|
0
|
(108)
|
0
|
0
|
0
|
(166)
|
0
|
0
|
0
|
(243)
|
0
|
0
|
0
|
(327)
|
0
|
0
|
0
|
(607)
|
0
|
0
|
0
|
(963)
|
0
|
0
|
0
|
(1 354)
|
0
|
0
|
0
|
(1 471)
|
0
|
0
|
0
|
(1 715)
|
|
Other Operating Expenses |
(27)
|
(17)
|
(38)
|
(41)
|
(43)
|
(64)
|
(37)
|
(25)
|
(55)
|
(6)
|
(35)
|
(49)
|
(40)
|
(118)
|
(74)
|
(90)
|
857
|
1 896
|
2 104
|
2 389
|
1 053
|
992
|
1 027
|
842
|
869
|
577
|
414
|
438
|
637
|
(34)
|
(75)
|
(85)
|
287
|
(656)
|
(454)
|
(362)
|
635
|
650
|
738
|
680
|
792
|
|
Operating Income |
4 519
N/A
|
4 524
+0%
|
4 542
+0%
|
4 564
+0%
|
4 560
0%
|
4 257
-7%
|
4 265
+0%
|
3 851
-10%
|
3 602
-6%
|
3 638
+1%
|
3 865
+6%
|
4 946
+28%
|
6 459
+31%
|
9 098
+41%
|
11 887
+31%
|
14 558
+22%
|
17 865
+23%
|
21 049
+18%
|
23 583
+12%
|
23 176
-2%
|
20 468
-12%
|
17 559
-14%
|
14 423
-18%
|
13 378
-7%
|
13 430
+0%
|
11 290
-16%
|
9 364
-17%
|
9 496
+1%
|
13 108
+38%
|
18 682
+43%
|
25 515
+37%
|
30 245
+19%
|
31 322
+4%
|
29 384
-6%
|
26 990
-8%
|
22 958
-15%
|
20 495
-11%
|
19 085
-7%
|
18 120
-5%
|
19 882
+10%
|
21 225
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(258)
|
(271)
|
(352)
|
(351)
|
(390)
|
(390)
|
(474)
|
(733)
|
(787)
|
(997)
|
(969)
|
(828)
|
(797)
|
(803)
|
(834)
|
(853)
|
(759)
|
(894)
|
(866)
|
(904)
|
(872)
|
(881)
|
(958)
|
(818)
|
(819)
|
(894)
|
(744)
|
(775)
|
(798)
|
(706)
|
(896)
|
(1 055)
|
(1 018)
|
(1 324)
|
(1 020)
|
(792)
|
(548)
|
(729)
|
(697)
|
(985)
|
(823)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(2)
|
0
|
0
|
(147)
|
2
|
0
|
0
|
8
|
19
|
19
|
19
|
(314)
|
0
|
0
|
0
|
(485)
|
0
|
3
|
(17)
|
(878)
|
(18)
|
(23)
|
(3)
|
(108)
|
28
|
29
|
0
|
(13)
|
|
Gain/Loss on Disposition of Assets |
0
|
(7)
|
(7)
|
(17)
|
(223)
|
(15)
|
(53)
|
(61)
|
(160)
|
(160)
|
(124)
|
(143)
|
(83)
|
0
|
(84)
|
0
|
(219)
|
0
|
0
|
0
|
(112)
|
0
|
0
|
0
|
(102)
|
0
|
0
|
0
|
(89)
|
0
|
0
|
0
|
(291)
|
0
|
0
|
0
|
(249)
|
0
|
0
|
0
|
(243)
|
|
Total Other Income |
165
|
216
|
227
|
195
|
246
|
(35)
|
(53)
|
106
|
299
|
310
|
332
|
111
|
88
|
40
|
52
|
(63)
|
10
|
(264)
|
(226)
|
(188)
|
3
|
(107)
|
(105)
|
(81)
|
66
|
(47)
|
(51)
|
(107)
|
(4)
|
(86)
|
(62)
|
(205)
|
17
|
(281)
|
(320)
|
(197)
|
(49)
|
(355)
|
(379)
|
(363)
|
(136)
|
|
Pre-Tax Income |
4 426
N/A
|
4 462
+1%
|
4 409
-1%
|
4 390
0%
|
4 169
-5%
|
3 816
-8%
|
3 685
-3%
|
3 164
-14%
|
2 954
-7%
|
2 792
-5%
|
3 105
+11%
|
4 085
+32%
|
5 653
+38%
|
8 333
+47%
|
11 021
+32%
|
13 642
+24%
|
16 750
+23%
|
19 893
+19%
|
22 491
+13%
|
22 084
-2%
|
19 495
-12%
|
16 590
-15%
|
13 379
-19%
|
12 498
-7%
|
12 260
-2%
|
10 349
-16%
|
8 568
-17%
|
8 613
+1%
|
11 732
+36%
|
17 888
+52%
|
24 558
+37%
|
28 968
+18%
|
29 151
+1%
|
27 761
-5%
|
25 627
-8%
|
21 966
-14%
|
19 541
-11%
|
18 028
-8%
|
17 074
-5%
|
18 534
+9%
|
20 010
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(660)
|
(726)
|
(824)
|
(938)
|
(951)
|
(889)
|
(867)
|
(710)
|
(675)
|
(600)
|
(587)
|
(777)
|
(1 105)
|
(1 743)
|
(2 298)
|
(2 806)
|
(3 440)
|
(3 860)
|
(4 215)
|
(4 100)
|
(3 423)
|
(2 895)
|
(2 207)
|
(2 082)
|
(1 667)
|
(1 196)
|
(825)
|
(682)
|
(1 317)
|
(2 221)
|
(3 392)
|
(4 291)
|
(4 112)
|
(3 947)
|
(3 578)
|
(2 576)
|
(2 499)
|
(2 120)
|
(1 570)
|
(1 871)
|
(1 710)
|
|
Income from Continuing Operations |
3 765
|
3 735
|
3 584
|
3 452
|
3 218
|
2 927
|
2 818
|
2 454
|
2 280
|
2 191
|
2 517
|
3 307
|
4 548
|
6 591
|
8 724
|
10 837
|
13 309
|
16 034
|
18 277
|
17 985
|
16 072
|
13 694
|
11 171
|
10 415
|
10 593
|
9 154
|
7 744
|
7 933
|
10 415
|
15 669
|
21 169
|
24 678
|
25 039
|
23 813
|
22 049
|
19 390
|
17 042
|
15 908
|
15 504
|
16 663
|
18 300
|
|
Income to Minority Interest |
(874)
|
(833)
|
(826)
|
(798)
|
(798)
|
(789)
|
(784)
|
(697)
|
(670)
|
(608)
|
(557)
|
(632)
|
(869)
|
(1 160)
|
(1 552)
|
(1 847)
|
(2 175)
|
(1 918)
|
(1 499)
|
(1 101)
|
(506)
|
(508)
|
(488)
|
(510)
|
(463)
|
(443)
|
(400)
|
(353)
|
(373)
|
(383)
|
(432)
|
(444)
|
(391)
|
(412)
|
(547)
|
(675)
|
(808)
|
(995)
|
(1 085)
|
(1 335)
|
(1 484)
|
|
Net Income (Common) |
2 892
N/A
|
2 903
+0%
|
2 759
-5%
|
2 653
-4%
|
2 419
-9%
|
2 138
-12%
|
2 034
-5%
|
1 758
-14%
|
1 610
-8%
|
1 583
-2%
|
1 959
+24%
|
2 674
+36%
|
3 679
+38%
|
5 430
+48%
|
7 172
+32%
|
8 990
+25%
|
11 135
+24%
|
14 116
+27%
|
16 779
+19%
|
16 885
+1%
|
15 566
-8%
|
13 187
-15%
|
10 683
-19%
|
9 905
-7%
|
10 130
+2%
|
8 711
-14%
|
7 344
-16%
|
7 580
+3%
|
10 041
+32%
|
15 285
+52%
|
20 736
+36%
|
24 233
+17%
|
24 649
+2%
|
23 401
-5%
|
21 501
-8%
|
18 715
-13%
|
16 234
-13%
|
14 913
-8%
|
14 419
-3%
|
15 329
+6%
|
16 816
+10%
|
|
EPS (Diluted) |
1.12
N/A
|
1.12
N/A
|
1.06
-5%
|
1.02
-4%
|
0.93
-9%
|
0.82
-12%
|
0.78
-5%
|
0.67
-14%
|
0.62
-7%
|
0.61
-2%
|
0.76
+25%
|
1.04
+37%
|
1.42
+37%
|
1.98
+39%
|
2.62
+32%
|
3.28
+25%
|
4.09
+25%
|
5.17
+26%
|
6.14
+19%
|
5.36
-13%
|
4.96
-7%
|
4.19
-16%
|
3.4
-19%
|
3.16
-7%
|
3.23
+2%
|
2.78
-14%
|
2.34
-16%
|
2.41
+3%
|
3.2
+33%
|
4.86
+52%
|
6.6
+36%
|
7.72
+17%
|
7.85
+2%
|
7.45
-5%
|
6.85
-8%
|
5.96
-13%
|
5.17
-13%
|
4.75
-8%
|
4.59
-3%
|
4.88
+6%
|
5.36
+10%
|