Sinomach Automobile Co Ltd
SSE:600335
Income Statement
Earnings Waterfall
Sinomach Automobile Co Ltd
Revenue
|
44.4B
CNY
|
Cost of Revenue
|
-41.3B
CNY
|
Gross Profit
|
3.1B
CNY
|
Operating Expenses
|
-2.5B
CNY
|
Operating Income
|
591.7m
CNY
|
Other Expenses
|
-271.8m
CNY
|
Net Income
|
319.9m
CNY
|
Income Statement
Sinomach Automobile 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 |
74 040
N/A
|
79 432
+7%
|
87 306
+10%
|
91 457
+5%
|
93 365
+2%
|
90 344
-3%
|
83 799
-7%
|
77 858
-7%
|
70 794
-9%
|
64 164
-9%
|
60 511
-6%
|
54 905
-9%
|
52 877
-4%
|
50 804
-4%
|
50 737
0%
|
50 077
-1%
|
49 135
-2%
|
50 240
+2%
|
47 228
-6%
|
48 687
+3%
|
53 806
+11%
|
55 925
+4%
|
57 344
+3%
|
61 274
+7%
|
54 944
-10%
|
52 162
-5%
|
49 730
-5%
|
43 755
-12%
|
44 586
+2%
|
44 135
-1%
|
49 721
+13%
|
48 974
-2%
|
45 926
-6%
|
43 945
-4%
|
40 676
-7%
|
37 818
-7%
|
40 311
+7%
|
39 569
-2%
|
40 952
+3%
|
44 131
+8%
|
44 380
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(71 881)
|
(77 247)
|
(84 620)
|
(88 741)
|
(90 525)
|
(87 572)
|
(80 270)
|
(74 180)
|
(66 773)
|
(61 258)
|
(56 920)
|
(51 481)
|
(50 039)
|
(48 547)
|
(47 799)
|
(47 134)
|
(46 194)
|
(47 857)
|
(44 125)
|
(44 916)
|
(49 410)
|
(51 523)
|
(52 678)
|
(56 652)
|
(50 678)
|
(48 649)
|
(45 992)
|
(40 434)
|
(41 377)
|
(40 527)
|
(45 899)
|
(45 383)
|
(42 334)
|
(40 771)
|
(37 588)
|
(34 749)
|
(37 218)
|
(36 463)
|
(37 889)
|
(40 991)
|
(41 277)
|
|
Gross Profit |
2 161
N/A
|
2 185
+1%
|
2 686
+23%
|
2 716
+1%
|
2 839
+5%
|
2 772
-2%
|
3 528
+27%
|
3 677
+4%
|
4 020
+9%
|
2 906
-28%
|
3 591
+24%
|
3 424
-5%
|
2 839
-17%
|
2 257
-21%
|
2 939
+30%
|
2 944
+0%
|
2 942
0%
|
2 383
-19%
|
3 104
+30%
|
3 772
+22%
|
4 396
+17%
|
4 402
+0%
|
4 665
+6%
|
4 621
-1%
|
4 265
-8%
|
3 513
-18%
|
3 739
+6%
|
3 322
-11%
|
3 210
-3%
|
3 608
+12%
|
3 823
+6%
|
3 592
-6%
|
3 593
+0%
|
3 174
-12%
|
3 088
-3%
|
3 069
-1%
|
3 093
+1%
|
3 106
+0%
|
3 063
-1%
|
3 140
+3%
|
3 103
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 199)
|
(1 226)
|
(1 471)
|
(1 319)
|
(1 318)
|
(1 300)
|
(1 987)
|
(2 004)
|
(2 023)
|
(1 280)
|
(2 050)
|
(2 059)
|
(1 989)
|
(1 344)
|
(2 069)
|
(2 068)
|
(2 085)
|
(1 388)
|
(1 961)
|
(2 544)
|
(3 037)
|
(2 981)
|
(3 177)
|
(3 258)
|
(3 101)
|
(2 783)
|
(3 264)
|
(2 835)
|
(2 793)
|
(2 664)
|
(2 785)
|
(2 848)
|
(2 872)
|
(2 748)
|
(2 638)
|
(2 713)
|
(2 694)
|
(2 694)
|
(2 638)
|
(2 599)
|
(2 511)
|
|
Selling, General & Administrative |
(1 199)
|
(1 058)
|
(1 280)
|
(1 130)
|
(1 117)
|
(1 076)
|
(1 199)
|
(1 215)
|
(1 226)
|
(1 066)
|
(1 231)
|
(1 239)
|
(1 184)
|
(1 144)
|
(1 228)
|
(1 228)
|
(1 240)
|
(1 205)
|
(1 272)
|
(1 545)
|
(1 686)
|
(2 124)
|
(2 002)
|
(1 953)
|
(1 964)
|
(1 926)
|
(2 121)
|
(1 990)
|
(2 033)
|
(1 904)
|
(2 072)
|
(2 131)
|
(2 153)
|
(1 898)
|
(1 956)
|
(1 968)
|
(1 885)
|
(1 767)
|
(1 865)
|
(1 845)
|
(1 797)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(319)
|
(466)
|
(640)
|
(820)
|
(844)
|
(844)
|
(658)
|
(734)
|
(540)
|
(479)
|
(586)
|
(590)
|
(592)
|
(622)
|
(608)
|
(646)
|
(703)
|
(760)
|
(617)
|
(632)
|
(616)
|
(573)
|
|
Depreciation & Amortization |
0
|
(118)
|
0
|
0
|
0
|
(156)
|
0
|
0
|
0
|
(178)
|
0
|
0
|
0
|
(171)
|
0
|
0
|
0
|
(175)
|
0
|
0
|
0
|
(216)
|
0
|
0
|
0
|
(226)
|
0
|
0
|
0
|
(216)
|
0
|
0
|
0
|
(266)
|
0
|
0
|
0
|
(237)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(50)
|
(190)
|
(188)
|
(200)
|
(68)
|
(788)
|
(789)
|
(797)
|
(36)
|
(819)
|
(819)
|
(804)
|
(29)
|
(840)
|
(841)
|
(846)
|
(8)
|
(689)
|
(679)
|
(884)
|
(1)
|
(354)
|
(461)
|
(295)
|
28
|
(409)
|
(305)
|
(281)
|
40
|
(123)
|
(124)
|
(97)
|
24
|
(36)
|
(42)
|
(49)
|
(73)
|
(141)
|
(137)
|
(141)
|
|
Operating Income |
963
N/A
|
959
0%
|
1 217
+27%
|
1 399
+15%
|
1 523
+9%
|
1 471
-3%
|
1 542
+5%
|
1 674
+9%
|
1 998
+19%
|
1 626
-19%
|
1 541
-5%
|
1 365
-11%
|
850
-38%
|
913
+7%
|
870
-5%
|
875
+1%
|
855
-2%
|
995
+16%
|
1 142
+15%
|
1 227
+7%
|
1 360
+11%
|
1 421
+4%
|
1 489
+5%
|
1 364
-8%
|
1 163
-15%
|
731
-37%
|
472
-35%
|
485
+3%
|
416
-14%
|
944
+127%
|
1 036
+10%
|
742
-28%
|
719
-3%
|
426
-41%
|
451
+6%
|
356
-21%
|
399
+12%
|
412
+3%
|
426
+3%
|
541
+27%
|
592
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(63)
|
13
|
(272)
|
(353)
|
(421)
|
(361)
|
(419)
|
(585)
|
(1 101)
|
(1 095)
|
(991)
|
(820)
|
(243)
|
(145)
|
(104)
|
(71)
|
8
|
(203)
|
(275)
|
(361)
|
(471)
|
(365)
|
(299)
|
(254)
|
(207)
|
(243)
|
(106)
|
(147)
|
(195)
|
(415)
|
(487)
|
(344)
|
(174)
|
(67)
|
(83)
|
104
|
66
|
38
|
100
|
(87)
|
(148)
|
|
Non-Reccuring Items |
0
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
5
|
5
|
31
|
44
|
117
|
112
|
97
|
94
|
74
|
52
|
58
|
52
|
172
|
56
|
51
|
60
|
15
|
41
|
44
|
47
|
74
|
61
|
55
|
45
|
45
|
57
|
60
|
63
|
|
Gain/Loss on Disposition of Assets |
(1)
|
25
|
(1)
|
0
|
(1)
|
25
|
(2)
|
0
|
6
|
15
|
16
|
(13)
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
72
|
40
|
63
|
18
|
13
|
(10)
|
14
|
39
|
73
|
67
|
86
|
73
|
32
|
25
|
3
|
37
|
32
|
4
|
(49)
|
(51)
|
(98)
|
(17)
|
(15)
|
(10)
|
51
|
43
|
51
|
53
|
40
|
(45)
|
(51)
|
(54)
|
(75)
|
(4)
|
(6)
|
(4)
|
12
|
(9)
|
(10)
|
(18)
|
(17)
|
|
Pre-Tax Income |
971
N/A
|
1 020
+5%
|
1 007
-1%
|
1 062
+5%
|
1 115
+5%
|
1 126
+1%
|
1 136
+1%
|
1 127
-1%
|
976
-13%
|
618
-37%
|
652
+6%
|
604
-7%
|
629
+4%
|
798
+27%
|
774
-3%
|
872
+13%
|
938
+8%
|
913
-3%
|
930
+2%
|
914
-2%
|
886
-3%
|
1 113
+26%
|
1 227
+10%
|
1 157
-6%
|
1 059
-8%
|
702
-34%
|
473
-33%
|
441
-7%
|
320
-27%
|
499
+56%
|
541
+8%
|
390
-28%
|
520
+33%
|
428
-18%
|
423
-1%
|
511
+21%
|
521
+2%
|
486
-7%
|
573
+18%
|
497
-13%
|
490
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(246)
|
(295)
|
(302)
|
(346)
|
(319)
|
(344)
|
(347)
|
(300)
|
(300)
|
(238)
|
(244)
|
(261)
|
(252)
|
(249)
|
(237)
|
(197)
|
(211)
|
(257)
|
(237)
|
(322)
|
(303)
|
(332)
|
(390)
|
(344)
|
(339)
|
(158)
|
(112)
|
(81)
|
(94)
|
(248)
|
(274)
|
(243)
|
(222)
|
(151)
|
(153)
|
(162)
|
(188)
|
(178)
|
(179)
|
(182)
|
(182)
|
|
Income from Continuing Operations |
725
|
725
|
706
|
717
|
797
|
782
|
791
|
829
|
678
|
380
|
408
|
342
|
376
|
549
|
537
|
676
|
727
|
655
|
694
|
592
|
584
|
780
|
837
|
813
|
720
|
545
|
363
|
362
|
228
|
250
|
266
|
146
|
297
|
278
|
270
|
349
|
332
|
308
|
394
|
315
|
308
|
|
Income to Minority Interest |
50
|
34
|
40
|
28
|
35
|
73
|
79
|
92
|
105
|
101
|
96
|
109
|
88
|
61
|
50
|
13
|
3
|
15
|
15
|
16
|
52
|
52
|
61
|
62
|
91
|
(7)
|
(8)
|
(7)
|
30
|
177
|
172
|
168
|
74
|
(21)
|
(27)
|
(4)
|
(18)
|
11
|
16
|
(0)
|
12
|
|
Net Income (Common) |
777
N/A
|
760
-2%
|
747
-2%
|
746
0%
|
832
+12%
|
855
+3%
|
870
+2%
|
921
+6%
|
783
-15%
|
481
-39%
|
504
+5%
|
451
-11%
|
464
+3%
|
610
+31%
|
587
-4%
|
689
+17%
|
731
+6%
|
670
-8%
|
710
+6%
|
609
-14%
|
637
+5%
|
833
+31%
|
899
+8%
|
875
-3%
|
810
-7%
|
538
-34%
|
353
-34%
|
353
N/A
|
256
-27%
|
427
+67%
|
438
+3%
|
315
-28%
|
372
+18%
|
256
-31%
|
243
-5%
|
345
+42%
|
315
-9%
|
319
+1%
|
410
+29%
|
315
-23%
|
320
+2%
|
|
EPS (Diluted) |
0.92
N/A
|
0.9
-2%
|
0.9
N/A
|
0.9
N/A
|
0.88
-2%
|
0.93
+6%
|
0.92
-1%
|
0.97
+5%
|
0.83
-14%
|
0.51
-39%
|
0.54
+6%
|
0.48
-11%
|
0.45
-6%
|
0.63
+40%
|
0.56
-11%
|
0.66
+18%
|
0.7
+6%
|
0.65
-7%
|
0.69
+6%
|
0.31
-55%
|
0.43
+39%
|
0.81
+88%
|
0.87
+7%
|
0.6
-31%
|
0.55
-8%
|
0.37
-33%
|
0.25
-32%
|
0.25
N/A
|
0.18
-28%
|
0.29
+61%
|
0.3
+3%
|
0.21
-30%
|
0.26
+24%
|
0.18
-31%
|
0.17
-6%
|
0.24
+41%
|
0.22
-8%
|
0.22
N/A
|
0.28
+27%
|
0.21
-25%
|
0.22
+5%
|