Zhongnongfa Seed Industry Group Co Ltd
SSE:600313
Income Statement
Earnings Waterfall
Zhongnongfa Seed Industry Group Co Ltd
Revenue
|
5.8B
CNY
|
Cost of Revenue
|
-5.3B
CNY
|
Gross Profit
|
545.8m
CNY
|
Operating Expenses
|
-356.9m
CNY
|
Operating Income
|
188.9m
CNY
|
Other Expenses
|
69.6m
CNY
|
Net Income
|
258.5m
CNY
|
Income Statement
Zhongnongfa Seed Industry Group 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 |
2 815
N/A
|
2 529
-10%
|
2 563
+1%
|
2 747
+7%
|
2 674
-3%
|
3 050
+14%
|
3 222
+6%
|
3 144
-2%
|
4 062
+29%
|
3 773
-7%
|
4 405
+17%
|
4 939
+12%
|
3 916
-21%
|
4 415
+13%
|
4 276
-3%
|
4 042
-5%
|
3 870
-4%
|
3 867
0%
|
3 463
-10%
|
3 472
+0%
|
3 805
+10%
|
3 446
-9%
|
3 740
+9%
|
4 320
+15%
|
5 061
+17%
|
5 136
+1%
|
4 544
-12%
|
4 041
-11%
|
3 518
-13%
|
3 663
+4%
|
4 285
+17%
|
4 461
+4%
|
4 186
-6%
|
3 764
-10%
|
3 803
+1%
|
4 146
+9%
|
4 763
+15%
|
5 248
+10%
|
5 496
+5%
|
5 578
+1%
|
5 797
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 668)
|
(2 348)
|
(2 373)
|
(2 560)
|
(2 493)
|
(2 841)
|
(3 015)
|
(2 899)
|
(3 807)
|
(3 502)
|
(4 102)
|
(4 634)
|
(3 596)
|
(4 101)
|
(3 962)
|
(3 747)
|
(3 609)
|
(3 676)
|
(3 273)
|
(3 277)
|
(3 570)
|
(3 206)
|
(3 488)
|
(4 062)
|
(4 818)
|
(4 855)
|
(4 278)
|
(3 766)
|
(3 240)
|
(3 406)
|
(4 009)
|
(4 194)
|
(3 925)
|
(3 413)
|
(3 401)
|
(3 664)
|
(4 224)
|
(4 715)
|
(4 902)
|
(5 017)
|
(5 251)
|
|
Gross Profit |
148
N/A
|
182
+23%
|
190
+5%
|
187
-1%
|
180
-4%
|
209
+16%
|
207
-1%
|
245
+18%
|
255
+4%
|
271
+6%
|
304
+12%
|
305
+0%
|
320
+5%
|
313
-2%
|
315
+0%
|
294
-6%
|
261
-11%
|
191
-27%
|
190
0%
|
195
+3%
|
235
+20%
|
241
+2%
|
253
+5%
|
258
+2%
|
243
-6%
|
281
+16%
|
266
-5%
|
275
+3%
|
278
+1%
|
257
-8%
|
276
+8%
|
267
-3%
|
261
-2%
|
352
+35%
|
402
+14%
|
481
+20%
|
539
+12%
|
534
-1%
|
593
+11%
|
561
-5%
|
546
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(104)
|
(123)
|
(131)
|
(138)
|
(143)
|
(161)
|
(174)
|
(193)
|
(206)
|
(202)
|
(205)
|
(205)
|
(215)
|
(284)
|
(382)
|
(384)
|
(393)
|
(487)
|
(571)
|
(565)
|
(546)
|
(224)
|
(221)
|
(227)
|
(234)
|
(236)
|
(219)
|
(224)
|
(228)
|
(201)
|
(195)
|
(190)
|
(191)
|
(249)
|
(249)
|
(258)
|
(263)
|
(327)
|
(366)
|
(355)
|
(357)
|
|
Selling, General & Administrative |
(105)
|
(101)
|
(122)
|
(130)
|
(136)
|
(124)
|
(164)
|
(182)
|
(194)
|
(153)
|
(192)
|
(193)
|
(202)
|
(196)
|
(267)
|
(278)
|
(283)
|
(431)
|
(254)
|
(244)
|
(240)
|
(172)
|
(181)
|
(178)
|
(175)
|
(171)
|
(216)
|
(222)
|
(224)
|
(133)
|
(186)
|
(179)
|
(177)
|
(191)
|
(248)
|
(258)
|
(260)
|
(244)
|
(292)
|
(279)
|
(275)
|
|
Research & Development |
0
|
(11)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(32)
|
(42)
|
(50)
|
(58)
|
(29)
|
(33)
|
(34)
|
(32)
|
(25)
|
(39)
|
(39)
|
(39)
|
(26)
|
(34)
|
(35)
|
(43)
|
(60)
|
(82)
|
(85)
|
(91)
|
|
Depreciation & Amortization |
0
|
(11)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(0)
|
(9)
|
(8)
|
(7)
|
(1)
|
(10)
|
(11)
|
(12)
|
(2)
|
(13)
|
(13)
|
(13)
|
(8)
|
(116)
|
(105)
|
(110)
|
14
|
(317)
|
(321)
|
(307)
|
21
|
2
|
0
|
(0)
|
28
|
30
|
32
|
28
|
24
|
30
|
28
|
25
|
37
|
33
|
35
|
40
|
32
|
8
|
9
|
9
|
|
Operating Income |
43
N/A
|
58
+34%
|
59
+2%
|
50
-16%
|
38
-25%
|
49
+30%
|
34
-31%
|
52
+55%
|
49
-6%
|
70
+42%
|
99
+42%
|
100
+1%
|
106
+6%
|
29
-73%
|
(68)
N/A
|
(89)
-32%
|
(132)
-48%
|
(296)
-125%
|
(381)
-29%
|
(370)
+3%
|
(311)
+16%
|
16
N/A
|
32
+96%
|
31
-3%
|
9
-70%
|
45
+387%
|
47
+4%
|
51
+8%
|
50
-2%
|
56
+12%
|
81
+44%
|
77
-5%
|
70
-10%
|
103
+48%
|
153
+48%
|
224
+46%
|
276
+23%
|
206
-25%
|
227
+10%
|
206
-9%
|
189
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
16
|
15
|
14
|
16
|
16
|
14
|
13
|
11
|
7
|
7
|
1
|
(4)
|
(5)
|
(4)
|
(10)
|
(10)
|
(15)
|
6
|
(11)
|
(11)
|
(7)
|
(6)
|
(11)
|
(10)
|
(9)
|
5
|
(3)
|
(3)
|
(4)
|
1
|
(7)
|
(6)
|
(5)
|
(9)
|
(15)
|
(13)
|
(12)
|
(3)
|
(4)
|
(4)
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(86)
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
1
|
5
|
5
|
5
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
|
Total Other Income |
22
|
12
|
12
|
14
|
22
|
85
|
96
|
101
|
109
|
68
|
74
|
74
|
64
|
171
|
170
|
165
|
162
|
6
|
4
|
2
|
6
|
46
|
45
|
45
|
38
|
1
|
1
|
3
|
3
|
2
|
1
|
2
|
0
|
(0)
|
(2)
|
(4)
|
(4)
|
182
|
179
|
186
|
187
|
|
Pre-Tax Income |
81
N/A
|
85
+6%
|
85
0%
|
79
-6%
|
75
-6%
|
156
+108%
|
143
-9%
|
163
+14%
|
164
+1%
|
153
-7%
|
174
+14%
|
170
-3%
|
164
-4%
|
109
-34%
|
92
-15%
|
65
-30%
|
15
-77%
|
(381)
N/A
|
(389)
-2%
|
(380)
+2%
|
(313)
+18%
|
59
N/A
|
66
+12%
|
66
+0%
|
38
-42%
|
54
+40%
|
47
-12%
|
52
+10%
|
51
-2%
|
58
+14%
|
76
+30%
|
73
-4%
|
65
-11%
|
94
+45%
|
136
+45%
|
206
+51%
|
259
+26%
|
381
+47%
|
407
+7%
|
394
-3%
|
383
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
0
|
(0)
|
(0)
|
(2)
|
0
|
(2)
|
(2)
|
(16)
|
(19)
|
(21)
|
(22)
|
(16)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(12)
|
(14)
|
(4)
|
(2)
|
(2)
|
(4)
|
(8)
|
(8)
|
(9)
|
(6)
|
(7)
|
(9)
|
(12)
|
(7)
|
(19)
|
(29)
|
(44)
|
(52)
|
(74)
|
(71)
|
(56)
|
(44)
|
|
Income from Continuing Operations |
81
|
85
|
85
|
79
|
75
|
154
|
141
|
161
|
162
|
137
|
156
|
149
|
142
|
93
|
78
|
50
|
(0)
|
(396)
|
(404)
|
(392)
|
(327)
|
55
|
63
|
64
|
34
|
45
|
39
|
43
|
45
|
51
|
67
|
61
|
58
|
75
|
107
|
163
|
207
|
307
|
336
|
337
|
339
|
|
Income to Minority Interest |
(39)
|
(42)
|
(43)
|
(37)
|
(32)
|
(43)
|
(37)
|
(46)
|
(50)
|
(52)
|
(59)
|
(58)
|
(55)
|
(49)
|
(43)
|
(33)
|
(14)
|
111
|
114
|
111
|
83
|
(23)
|
(29)
|
(26)
|
(12)
|
(27)
|
(23)
|
(24)
|
(21)
|
(24)
|
(29)
|
(29)
|
(30)
|
(39)
|
(52)
|
(76)
|
(94)
|
(77)
|
(86)
|
(81)
|
(81)
|
|
Net Income (Common) |
42
N/A
|
43
+3%
|
42
-2%
|
42
+1%
|
43
+2%
|
111
+156%
|
104
-6%
|
115
+10%
|
112
-3%
|
85
-24%
|
96
+14%
|
91
-6%
|
86
-5%
|
45
-48%
|
35
-22%
|
17
-52%
|
(15)
N/A
|
(285)
-1 867%
|
(289)
-1%
|
(281)
+3%
|
(244)
+13%
|
32
N/A
|
34
+9%
|
37
+8%
|
23
-39%
|
18
-20%
|
16
-13%
|
19
+21%
|
24
+25%
|
27
+13%
|
38
+39%
|
33
-14%
|
28
-16%
|
36
+32%
|
55
+51%
|
87
+58%
|
113
+30%
|
230
+104%
|
250
+9%
|
256
+2%
|
258
+1%
|
|
EPS (Diluted) |
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.12
+140%
|
0.12
N/A
|
0.13
+8%
|
0.12
-8%
|
0.09
-25%
|
0.08
-11%
|
0.08
N/A
|
0.07
-13%
|
0.04
-43%
|
0.03
-25%
|
0.02
-33%
|
-0.01
N/A
|
-0.26
-2 500%
|
-0.26
N/A
|
-0.25
+4%
|
-0.22
+12%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.05
+67%
|
0.08
+60%
|
0.1
+25%
|
0.21
+110%
|
0.23
+10%
|
0.24
+4%
|
0.24
N/A
|