Shenzhen Expressway Corp Ltd
SSE:600548
Income Statement
Earnings Waterfall
Shenzhen Expressway Corp Ltd
Revenue
|
9.5B
CNY
|
Cost of Revenue
|
-6.4B
CNY
|
Gross Profit
|
3.1B
CNY
|
Operating Expenses
|
-735m
CNY
|
Operating Income
|
2.3B
CNY
|
Other Expenses
|
-650.8m
CNY
|
Net Income
|
1.7B
CNY
|
Income Statement
Shenzhen Expressway Corp Ltd
Mar-2013 | Jun-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 038
N/A
|
3 063
+1%
|
3 195
+4%
|
3 279
+3%
|
3 386
+3%
|
3 718
+10%
|
3 725
+0%
|
3 620
-3%
|
3 515
-3%
|
3 192
-9%
|
3 262
+2%
|
3 421
+5%
|
3 679
+8%
|
3 984
+8%
|
4 162
+4%
|
4 532
+9%
|
4 652
+3%
|
4 759
+2%
|
5 006
+5%
|
5 210
+4%
|
5 435
+4%
|
5 598
+3%
|
5 697
+2%
|
5 807
+2%
|
5 796
0%
|
5 837
+1%
|
5 865
+0%
|
6 390
+9%
|
5 534
-13%
|
5 390
-3%
|
5 639
+5%
|
8 027
+42%
|
9 535
+19%
|
10 559
+11%
|
11 240
+6%
|
10 872
-3%
|
10 696
-2%
|
10 760
+1%
|
10 892
+1%
|
9 373
-14%
|
9 503
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 633)
|
(1 649)
|
(1 688)
|
(1 526)
|
(1 680)
|
(1 884)
|
(1 889)
|
(1 705)
|
(1 780)
|
(1 583)
|
(1 636)
|
(1 679)
|
(1 995)
|
(2 174)
|
(2 280)
|
(2 533)
|
(2 612)
|
(2 632)
|
(2 679)
|
(2 722)
|
(2 851)
|
(2 919)
|
(2 992)
|
(2 858)
|
(2 932)
|
(3 042)
|
(3 060)
|
(3 586)
|
(3 471)
|
(3 682)
|
(3 889)
|
(5 215)
|
(5 867)
|
(6 249)
|
(6 830)
|
(7 088)
|
(7 205)
|
(7 259)
|
(7 352)
|
(6 358)
|
(6 429)
|
|
Gross Profit |
1 406
N/A
|
1 414
+1%
|
1 507
+7%
|
1 753
+16%
|
1 707
-3%
|
1 834
+7%
|
1 836
+0%
|
1 915
+4%
|
1 735
-9%
|
1 609
-7%
|
1 626
+1%
|
1 742
+7%
|
1 684
-3%
|
1 810
+7%
|
1 882
+4%
|
1 999
+6%
|
2 040
+2%
|
2 127
+4%
|
2 328
+9%
|
2 488
+7%
|
2 584
+4%
|
2 679
+4%
|
2 705
+1%
|
2 949
+9%
|
2 864
-3%
|
2 795
-2%
|
2 806
+0%
|
2 805
0%
|
2 063
-26%
|
1 708
-17%
|
1 750
+2%
|
2 812
+61%
|
3 667
+30%
|
4 310
+18%
|
4 410
+2%
|
3 784
-14%
|
3 491
-8%
|
3 501
+0%
|
3 541
+1%
|
3 015
-15%
|
3 075
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(80)
|
(80)
|
(77)
|
(229)
|
(92)
|
(94)
|
(96)
|
(232)
|
(93)
|
(99)
|
(119)
|
(276)
|
(780)
|
(780)
|
(775)
|
(204)
|
(150)
|
(157)
|
(169)
|
(214)
|
(203)
|
(204)
|
(200)
|
(286)
|
(242)
|
(276)
|
(302)
|
(409)
|
(964)
|
(971)
|
(991)
|
(527)
|
(515)
|
(522)
|
(547)
|
(816)
|
(813)
|
(869)
|
(885)
|
(740)
|
(735)
|
|
Selling, General & Administrative |
(80)
|
(80)
|
(77)
|
(196)
|
(92)
|
(94)
|
(96)
|
(217)
|
(93)
|
(99)
|
(119)
|
(264)
|
(160)
|
(160)
|
(155)
|
(217)
|
(150)
|
(157)
|
(169)
|
(222)
|
(203)
|
(204)
|
(199)
|
(267)
|
(242)
|
(274)
|
(296)
|
(381)
|
(398)
|
(403)
|
(422)
|
(452)
|
(497)
|
(542)
|
(567)
|
(615)
|
(681)
|
(700)
|
(722)
|
(439)
|
(564)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(7)
|
(18)
|
(22)
|
(27)
|
(29)
|
(55)
|
(69)
|
(67)
|
(67)
|
(51)
|
(56)
|
(59)
|
(62)
|
(38)
|
(43)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(119)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(5)
|
(620)
|
(620)
|
(620)
|
19
|
0
|
0
|
0
|
14
|
(0)
|
(0)
|
(0)
|
(13)
|
0
|
0
|
1
|
20
|
(543)
|
(541)
|
(540)
|
36
|
51
|
86
|
87
|
(89)
|
(75)
|
(111)
|
(102)
|
(144)
|
(128)
|
|
Operating Income |
1 326
N/A
|
1 334
+1%
|
1 430
+7%
|
1 524
+7%
|
1 615
+6%
|
1 740
+8%
|
1 740
0%
|
1 683
-3%
|
1 642
-2%
|
1 511
-8%
|
1 508
0%
|
1 466
-3%
|
904
-38%
|
1 030
+14%
|
1 107
+7%
|
1 795
+62%
|
1 891
+5%
|
1 970
+4%
|
2 159
+10%
|
2 274
+5%
|
2 381
+5%
|
2 474
+4%
|
2 505
+1%
|
2 663
+6%
|
2 623
-2%
|
2 519
-4%
|
2 504
-1%
|
2 396
-4%
|
1 100
-54%
|
737
-33%
|
760
+3%
|
2 285
+201%
|
3 153
+38%
|
3 788
+20%
|
3 863
+2%
|
2 968
-23%
|
2 678
-10%
|
2 632
-2%
|
2 655
+1%
|
2 275
-14%
|
2 340
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(484)
|
(454)
|
(429)
|
(371)
|
(369)
|
(324)
|
(258)
|
(224)
|
(169)
|
(127)
|
(106)
|
789
|
733
|
767
|
729
|
(203)
|
(163)
|
(251)
|
(288)
|
(374)
|
(373)
|
(397)
|
(327)
|
(424)
|
(226)
|
190
|
261
|
462
|
591
|
222
|
224
|
454
|
517
|
601
|
573
|
169
|
327
|
29
|
623
|
(667)
|
205
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(620)
|
0
|
0
|
0
|
53
|
25
|
25
|
25
|
(26)
|
(46)
|
137
|
161
|
2 292
|
2 228
|
2 045
|
2 021
|
(327)
|
0
|
0
|
0
|
(33)
|
15
|
15
|
15
|
(3)
|
2
|
7
|
7
|
864
|
7
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1 497
|
(5)
|
(5)
|
(5)
|
27
|
27
|
28
|
28
|
(27)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(2)
|
0
|
(239)
|
(238)
|
1 267
|
1 271
|
11
|
1 512
|
8
|
2
|
10
|
10
|
10
|
11
|
4
|
(21)
|
(23)
|
(23)
|
9
|
10
|
16
|
18
|
15
|
11
|
6
|
8
|
9
|
(5)
|
28
|
20
|
3
|
3
|
(20)
|
(15)
|
45
|
45
|
39
|
40
|
12
|
(7)
|
|
Pre-Tax Income |
841
N/A
|
878
+4%
|
1 001
+14%
|
914
-9%
|
1 008
+10%
|
2 683
+166%
|
2 753
+3%
|
2 967
+8%
|
2 981
+0%
|
1 386
-53%
|
1 399
+1%
|
1 672
+20%
|
1 674
+0%
|
1 835
+10%
|
1 875
+2%
|
1 622
-13%
|
1 731
+7%
|
1 720
-1%
|
1 872
+9%
|
1 883
+1%
|
1 971
+5%
|
2 229
+13%
|
2 357
+6%
|
4 545
+93%
|
4 636
+2%
|
4 760
+3%
|
4 793
+1%
|
2 541
-47%
|
1 686
-34%
|
987
-41%
|
1 004
+2%
|
2 710
+170%
|
3 688
+36%
|
4 383
+19%
|
4 436
+1%
|
3 178
-28%
|
3 053
-4%
|
2 706
-11%
|
3 325
+23%
|
2 485
-25%
|
2 546
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(183)
|
(186)
|
(210)
|
(163)
|
(176)
|
(580)
|
(592)
|
(695)
|
(704)
|
(312)
|
(311)
|
(177)
|
(182)
|
(208)
|
(214)
|
(306)
|
(329)
|
(337)
|
(362)
|
(380)
|
(386)
|
(445)
|
(465)
|
(966)
|
(981)
|
(510)
|
(525)
|
68
|
238
|
(104)
|
(112)
|
(474)
|
(692)
|
(842)
|
(745)
|
(472)
|
(448)
|
(365)
|
(581)
|
(532)
|
(563)
|
|
Income from Continuing Operations |
658
|
693
|
791
|
751
|
832
|
2 104
|
2 162
|
2 272
|
2 277
|
1 074
|
1 088
|
1 495
|
1 492
|
1 628
|
1 661
|
1 316
|
1 402
|
1 383
|
1 510
|
1 504
|
1 585
|
1 784
|
1 892
|
3 579
|
3 654
|
4 250
|
4 268
|
2 609
|
1 924
|
884
|
892
|
2 236
|
2 996
|
3 541
|
3 692
|
2 706
|
2 605
|
2 341
|
2 744
|
1 953
|
1 983
|
|
Income to Minority Interest |
(40)
|
(41)
|
(50)
|
(31)
|
(46)
|
(72)
|
(72)
|
(85)
|
(71)
|
(46)
|
(53)
|
58
|
56
|
1
|
(15)
|
(147)
|
(157)
|
(124)
|
(121)
|
(120)
|
(131)
|
(136)
|
(153)
|
(139)
|
(144)
|
(200)
|
(195)
|
(44)
|
40
|
146
|
149
|
(181)
|
(268)
|
(326)
|
(346)
|
(100)
|
(133)
|
(97)
|
(52)
|
(61)
|
(61)
|
|
Net Income (Common) |
618
N/A
|
651
+5%
|
741
+14%
|
720
-3%
|
786
+9%
|
2 031
+159%
|
2 089
+3%
|
2 187
+5%
|
2 205
+1%
|
1 028
-53%
|
1 035
+1%
|
1 553
+50%
|
1 549
0%
|
1 629
+5%
|
1 647
+1%
|
1 169
-29%
|
1 245
+6%
|
1 259
+1%
|
1 389
+10%
|
1 384
0%
|
1 454
+5%
|
1 648
+13%
|
1 739
+6%
|
3 440
+98%
|
3 511
+2%
|
4 050
+15%
|
4 073
+1%
|
2 564
-37%
|
1 964
-23%
|
1 030
-48%
|
1 041
+1%
|
2 040
+96%
|
2 668
+31%
|
2 969
+11%
|
3 147
+6%
|
2 420
-23%
|
2 286
-6%
|
2 152
-6%
|
2 505
+16%
|
1 705
-32%
|
1 689
-1%
|
|
EPS (Diluted) |
0.28
N/A
|
0.3
+7%
|
0.34
+13%
|
0.33
-3%
|
0.36
+9%
|
0.93
+158%
|
0.96
+3%
|
1
+4%
|
1.01
+1%
|
0.47
-53%
|
0.47
N/A
|
0.71
+51%
|
0.71
N/A
|
0.75
+6%
|
0.76
+1%
|
0.54
-29%
|
0.57
+6%
|
0.57
N/A
|
0.63
+11%
|
0.63
N/A
|
0.66
+5%
|
0.75
+14%
|
0.79
+5%
|
1.58
+100%
|
1.6
+1%
|
1.85
+16%
|
1.86
+1%
|
1.18
-37%
|
0.9
-24%
|
0.47
-48%
|
0.48
+2%
|
0.94
+96%
|
1.23
+31%
|
1.63
+33%
|
1.23
-25%
|
1.11
-10%
|
1.04
-6%
|
0.98
-6%
|
1.15
+17%
|
0.78
-32%
|
0.77
-1%
|