Heilongjiang Agriculture Co Ltd
SSE:600598
Income Statement
Earnings Waterfall
Heilongjiang Agriculture Co Ltd
Revenue
|
5B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
1.8B
CNY
|
Operating Expenses
|
-802.3m
CNY
|
Operating Income
|
974.3m
CNY
|
Other Expenses
|
89.4m
CNY
|
Net Income
|
1.1B
CNY
|
Income Statement
Heilongjiang Agriculture 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 |
9 410
N/A
|
9 185
-2%
|
7 632
-17%
|
6 623
-13%
|
5 114
-23%
|
3 871
-24%
|
3 835
-1%
|
3 767
-2%
|
3 654
-3%
|
3 561
-3%
|
3 447
-3%
|
3 353
-3%
|
3 095
-8%
|
3 168
+2%
|
2 919
-8%
|
2 965
+2%
|
2 992
+1%
|
3 064
+2%
|
3 250
+6%
|
3 317
+2%
|
3 265
-2%
|
3 149
-4%
|
3 192
+1%
|
3 130
-2%
|
3 111
-1%
|
3 158
+2%
|
3 174
+1%
|
3 203
+1%
|
3 241
+1%
|
3 260
+1%
|
3 455
+6%
|
3 591
+4%
|
3 629
+1%
|
3 712
+2%
|
4 178
+13%
|
4 228
+1%
|
4 262
+1%
|
4 409
+3%
|
4 677
+6%
|
4 771
+2%
|
5 044
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(6 950)
|
(6 700)
|
(5 235)
|
(4 195)
|
(2 596)
|
(1 585)
|
(1 363)
|
(1 248)
|
(1 231)
|
(1 146)
|
(986)
|
(907)
|
(651)
|
(507)
|
(405)
|
(427)
|
(429)
|
(500)
|
(599)
|
(633)
|
(532)
|
(469)
|
(500)
|
(450)
|
(446)
|
(612)
|
(928)
|
(1 257)
|
(1 744)
|
(1 762)
|
(1 984)
|
(2 121)
|
(2 076)
|
(2 104)
|
(2 506)
|
(2 441)
|
(2 579)
|
(2 642)
|
(2 928)
|
(3 044)
|
(3 268)
|
|
Gross Profit |
2 460
N/A
|
2 484
+1%
|
2 396
-4%
|
2 428
+1%
|
2 517
+4%
|
2 286
-9%
|
2 472
+8%
|
2 519
+2%
|
2 424
-4%
|
2 416
0%
|
2 461
+2%
|
2 446
-1%
|
2 443
0%
|
2 661
+9%
|
2 514
-6%
|
2 538
+1%
|
2 563
+1%
|
2 564
+0%
|
2 651
+3%
|
2 685
+1%
|
2 733
+2%
|
2 679
-2%
|
2 692
+0%
|
2 679
0%
|
2 666
0%
|
2 546
-4%
|
2 247
-12%
|
1 946
-13%
|
1 496
-23%
|
1 497
+0%
|
1 471
-2%
|
1 470
0%
|
1 553
+6%
|
1 608
+3%
|
1 672
+4%
|
1 787
+7%
|
1 682
-6%
|
1 767
+5%
|
1 749
-1%
|
1 727
-1%
|
1 777
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 567)
|
(2 586)
|
(2 276)
|
(2 290)
|
(2 281)
|
(2 165)
|
(2 071)
|
(2 061)
|
(1 799)
|
(1 837)
|
(1 836)
|
(1 847)
|
(1 715)
|
(1 768)
|
(1 823)
|
(1 786)
|
(1 748)
|
(1 658)
|
(1 624)
|
(1 651)
|
(1 635)
|
(1 606)
|
(1 598)
|
(1 532)
|
(1 730)
|
(1 419)
|
(1 150)
|
(892)
|
(497)
|
(442)
|
(461)
|
(481)
|
(530)
|
(558)
|
(561)
|
(588)
|
(749)
|
(849)
|
(893)
|
(912)
|
(802)
|
|
Selling, General & Administrative |
(1 868)
|
(1 897)
|
(1 775)
|
(1 786)
|
(1 886)
|
(1 767)
|
(1 750)
|
(1 752)
|
(1 432)
|
(1 682)
|
(1 689)
|
(1 695)
|
(1 467)
|
(1 795)
|
(1 851)
|
(1 816)
|
(1 506)
|
(1 695)
|
(1 654)
|
(1 661)
|
(1 477)
|
(1 666)
|
(1 684)
|
(1 644)
|
(1 525)
|
(1 496)
|
(1 224)
|
(960)
|
(418)
|
(474)
|
(462)
|
(444)
|
(388)
|
(420)
|
(407)
|
(452)
|
(557)
|
(620)
|
(651)
|
(651)
|
(581)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
(3)
|
(16)
|
0
|
(14)
|
(18)
|
(14)
|
(14)
|
(18)
|
(16)
|
(16)
|
(16)
|
(15)
|
(47)
|
(55)
|
(65)
|
(76)
|
(56)
|
(73)
|
(77)
|
(80)
|
(91)
|
(90)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(299)
|
0
|
0
|
0
|
(223)
|
0
|
0
|
0
|
(233)
|
0
|
0
|
0
|
(218)
|
0
|
0
|
0
|
(195)
|
0
|
0
|
0
|
(178)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(54)
|
|
Other Operating Expenses |
(700)
|
(689)
|
(501)
|
(504)
|
(81)
|
(398)
|
(322)
|
(309)
|
(129)
|
(155)
|
(147)
|
(152)
|
2
|
27
|
28
|
29
|
(6)
|
38
|
30
|
13
|
53
|
60
|
100
|
130
|
(14)
|
91
|
92
|
83
|
(3)
|
49
|
15
|
11
|
(34)
|
(74)
|
(78)
|
(79)
|
(66)
|
(152)
|
(161)
|
(170)
|
(78)
|
|
Operating Income |
(108)
N/A
|
(102)
+5%
|
120
N/A
|
138
+16%
|
237
+71%
|
121
-49%
|
400
+231%
|
458
+14%
|
625
+36%
|
578
-7%
|
625
+8%
|
599
-4%
|
729
+22%
|
893
+23%
|
691
-23%
|
752
+9%
|
816
+9%
|
906
+11%
|
1 026
+13%
|
1 033
+1%
|
1 098
+6%
|
1 073
-2%
|
1 094
+2%
|
1 147
+5%
|
935
-18%
|
1 127
+21%
|
1 096
-3%
|
1 053
-4%
|
1 000
-5%
|
1 056
+6%
|
1 010
-4%
|
989
-2%
|
1 023
+3%
|
1 049
+3%
|
1 111
+6%
|
1 199
+8%
|
933
-22%
|
918
-2%
|
856
-7%
|
815
-5%
|
974
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(307)
|
363
|
435
|
557
|
(44)
|
57
|
62
|
13
|
38
|
26
|
34
|
38
|
12
|
10
|
(6)
|
(15)
|
(29)
|
(35)
|
(8)
|
1
|
(46)
|
(46)
|
(77)
|
(86)
|
62
|
(24)
|
(12)
|
1
|
96
|
55
|
77
|
82
|
92
|
58
|
71
|
79
|
125
|
126
|
141
|
163
|
176
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
645
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
12
|
(2)
|
(2)
|
(2)
|
(7)
|
0
|
0
|
(0)
|
2
|
0
|
17
|
18
|
15
|
0
|
1
|
0
|
(81)
|
0
|
0
|
0
|
(112)
|
1
|
2
|
2
|
(31)
|
|
Gain/Loss on Disposition of Assets |
0
|
(4)
|
(4)
|
(4)
|
(53)
|
(50)
|
(50)
|
(50)
|
(15)
|
0
|
(14)
|
(10)
|
0
|
4
|
4
|
(1)
|
0
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(92)
|
(89)
|
(84)
|
(48)
|
(50)
|
(50)
|
(43)
|
(35)
|
(25)
|
(40)
|
(27)
|
(34)
|
(22)
|
(37)
|
(41)
|
(54)
|
(36)
|
(56)
|
(46)
|
(41)
|
(45)
|
(113)
|
(115)
|
(146)
|
(152)
|
(174)
|
(175)
|
(170)
|
(101)
|
(126)
|
(125)
|
(387)
|
(296)
|
(305)
|
(280)
|
17
|
18
|
12
|
(12)
|
(13)
|
(9)
|
|
Pre-Tax Income |
(506)
N/A
|
169
N/A
|
466
+177%
|
644
+38%
|
735
+14%
|
77
-89%
|
370
+378%
|
386
+4%
|
632
+64%
|
564
-11%
|
618
+9%
|
594
-4%
|
714
+20%
|
870
+22%
|
647
-26%
|
682
+5%
|
763
+12%
|
812
+6%
|
970
+19%
|
991
+2%
|
933
-6%
|
914
-2%
|
902
-1%
|
915
+1%
|
822
-10%
|
930
+13%
|
927
0%
|
903
-3%
|
987
+9%
|
985
0%
|
963
-2%
|
684
-29%
|
732
+7%
|
802
+10%
|
902
+12%
|
1 295
+44%
|
958
-26%
|
1 056
+10%
|
987
-7%
|
965
-2%
|
1 111
+15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(4)
|
(4)
|
(3)
|
(13)
|
(13)
|
(13)
|
(14)
|
(11)
|
(11)
|
(10)
|
(9)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(3)
|
(5)
|
(18)
|
(18)
|
(9)
|
(8)
|
11
|
10
|
(1)
|
(4)
|
(15)
|
(16)
|
(18)
|
(19)
|
(33)
|
(37)
|
(38)
|
(36)
|
(12)
|
(15)
|
(17)
|
(19)
|
(26)
|
|
Income from Continuing Operations |
(511)
|
164
|
463
|
641
|
723
|
65
|
357
|
372
|
622
|
554
|
608
|
585
|
714
|
869
|
647
|
682
|
762
|
812
|
967
|
986
|
915
|
896
|
893
|
907
|
834
|
940
|
925
|
898
|
972
|
969
|
945
|
665
|
699
|
765
|
864
|
1 259
|
946
|
1 041
|
970
|
947
|
1 084
|
|
Income to Minority Interest |
134
|
124
|
105
|
91
|
77
|
68
|
59
|
55
|
37
|
36
|
36
|
36
|
22
|
23
|
20
|
18
|
17
|
12
|
8
|
7
|
61
|
64
|
68
|
68
|
15
|
15
|
15
|
16
|
18
|
19
|
19
|
137
|
71
|
158
|
155
|
36
|
29
|
29
|
34
|
34
|
(21)
|
|
Net Income (Common) |
(377)
N/A
|
288
N/A
|
568
+97%
|
731
+29%
|
800
+9%
|
133
-83%
|
416
+213%
|
427
+3%
|
659
+54%
|
590
-11%
|
644
+9%
|
621
-4%
|
735
+18%
|
892
+21%
|
667
-25%
|
700
+5%
|
780
+11%
|
824
+6%
|
975
+18%
|
993
+2%
|
976
-2%
|
960
-2%
|
961
+0%
|
975
+1%
|
849
-13%
|
954
+12%
|
940
-1%
|
914
-3%
|
990
+8%
|
988
0%
|
964
-2%
|
803
-17%
|
770
-4%
|
923
+20%
|
1 020
+10%
|
1 295
+27%
|
975
-25%
|
1 070
+10%
|
1 004
-6%
|
981
-2%
|
1 064
+8%
|
|
EPS (Diluted) |
-0.21
N/A
|
0.16
N/A
|
0.32
+100%
|
0.41
+28%
|
0.45
+10%
|
0.08
-82%
|
0.23
+188%
|
0.24
+4%
|
0.37
+54%
|
0.33
-11%
|
0.36
+9%
|
0.34
-6%
|
0.41
+21%
|
0.5
+22%
|
0.38
-24%
|
0.4
+5%
|
0.44
+10%
|
0.46
+5%
|
0.54
+17%
|
0.55
+2%
|
0.55
N/A
|
0.53
-4%
|
0.53
N/A
|
0.54
+2%
|
0.48
-11%
|
0.53
+10%
|
0.53
N/A
|
0.52
-2%
|
0.56
+8%
|
0.56
N/A
|
0.54
-4%
|
0.45
-17%
|
0.43
-4%
|
0.52
+21%
|
0.57
+10%
|
0.73
+28%
|
0.55
-25%
|
0.6
+9%
|
0.57
-5%
|
0.55
-4%
|
0.6
+9%
|