Shanghai Jinfeng Wine Co Ltd
SSE:600616
Income Statement
Earnings Waterfall
Shanghai Jinfeng Wine Co Ltd
Revenue
|
572.8m
CNY
|
Cost of Revenue
|
-353m
CNY
|
Gross Profit
|
219.8m
CNY
|
Operating Expenses
|
-273.9m
CNY
|
Operating Income
|
-54.1m
CNY
|
Other Expenses
|
158.6m
CNY
|
Net Income
|
104.5m
CNY
|
Income Statement
Shanghai Jinfeng Wine 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 |
1 026
N/A
|
964
-6%
|
996
+3%
|
1 006
+1%
|
942
-6%
|
961
+2%
|
936
-3%
|
984
+5%
|
1 067
+8%
|
1 118
+5%
|
1 106
-1%
|
1 119
+1%
|
1 075
-4%
|
1 037
-4%
|
1 026
-1%
|
992
-3%
|
987
-1%
|
956
-3%
|
954
0%
|
898
-6%
|
899
+0%
|
859
-4%
|
851
-1%
|
888
+4%
|
944
+6%
|
864
-9%
|
841
-3%
|
784
-7%
|
608
-22%
|
620
+2%
|
614
-1%
|
612
0%
|
649
+6%
|
654
+1%
|
629
-4%
|
652
+4%
|
662
+1%
|
608
-8%
|
631
+4%
|
606
-4%
|
573
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(513)
|
(490)
|
(510)
|
(518)
|
(511)
|
(538)
|
(528)
|
(560)
|
(578)
|
(617)
|
(619)
|
(630)
|
(596)
|
(606)
|
(594)
|
(568)
|
(547)
|
(546)
|
(548)
|
(528)
|
(506)
|
(486)
|
(483)
|
(490)
|
(503)
|
(489)
|
(469)
|
(444)
|
(371)
|
(382)
|
(390)
|
(392)
|
(394)
|
(405)
|
(387)
|
(407)
|
(399)
|
(379)
|
(387)
|
(356)
|
(353)
|
|
Gross Profit |
513
N/A
|
474
-8%
|
487
+3%
|
488
+0%
|
430
-12%
|
423
-2%
|
408
-4%
|
423
+4%
|
490
+16%
|
502
+2%
|
487
-3%
|
489
+0%
|
479
-2%
|
432
-10%
|
432
0%
|
424
-2%
|
440
+4%
|
410
-7%
|
406
-1%
|
371
-9%
|
392
+6%
|
373
-5%
|
367
-2%
|
398
+8%
|
441
+11%
|
375
-15%
|
372
-1%
|
339
-9%
|
237
-30%
|
238
+0%
|
225
-6%
|
220
-2%
|
255
+16%
|
250
-2%
|
242
-3%
|
245
+1%
|
263
+7%
|
228
-13%
|
243
+7%
|
249
+2%
|
220
-12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(365)
|
(349)
|
(364)
|
(375)
|
(364)
|
(366)
|
(373)
|
(371)
|
(398)
|
(414)
|
(402)
|
(408)
|
(406)
|
(364)
|
(357)
|
(350)
|
(369)
|
(355)
|
(351)
|
(337)
|
(348)
|
(451)
|
(450)
|
(479)
|
(400)
|
(400)
|
(383)
|
(348)
|
(271)
|
(236)
|
(239)
|
(235)
|
(284)
|
(278)
|
(268)
|
(270)
|
(272)
|
(256)
|
(261)
|
(270)
|
(274)
|
|
Selling, General & Administrative |
(363)
|
(347)
|
(353)
|
(364)
|
(346)
|
(358)
|
(373)
|
(371)
|
(378)
|
(405)
|
(392)
|
(398)
|
(382)
|
(358)
|
(349)
|
(342)
|
(350)
|
(348)
|
(347)
|
(334)
|
(336)
|
(344)
|
(342)
|
(370)
|
(387)
|
(395)
|
(377)
|
(343)
|
(262)
|
(273)
|
(276)
|
(272)
|
(275)
|
(279)
|
(268)
|
(270)
|
(261)
|
(261)
|
(265)
|
(274)
|
(258)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(4)
|
0
|
0
|
(1)
|
(4)
|
(2)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
|
Other Operating Expenses |
(2)
|
(2)
|
(11)
|
(11)
|
(0)
|
(8)
|
0
|
0
|
(1)
|
(10)
|
(10)
|
(10)
|
(0)
|
(7)
|
(6)
|
(6)
|
5
|
(5)
|
(3)
|
(2)
|
9
|
(105)
|
(105)
|
(106)
|
8
|
(2)
|
(2)
|
(2)
|
13
|
41
|
40
|
40
|
8
|
4
|
3
|
3
|
8
|
9
|
9
|
9
|
6
|
|
Operating Income |
149
N/A
|
126
-15%
|
123
-2%
|
113
-8%
|
67
-41%
|
57
-14%
|
35
-39%
|
53
+51%
|
91
+73%
|
87
-4%
|
85
-2%
|
82
-4%
|
74
-9%
|
68
-8%
|
75
+11%
|
74
-1%
|
71
-4%
|
55
-22%
|
56
+0%
|
34
-39%
|
44
+31%
|
(78)
N/A
|
(83)
-6%
|
(81)
+2%
|
41
N/A
|
(25)
N/A
|
(11)
+55%
|
(9)
+20%
|
(34)
-273%
|
2
N/A
|
(15)
N/A
|
(16)
-6%
|
(29)
-83%
|
(29)
0%
|
(26)
+10%
|
(25)
+2%
|
(9)
+65%
|
(27)
-211%
|
(17)
+37%
|
(20)
-18%
|
(54)
-165%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
4
|
10
|
14
|
19
|
23
|
19
|
17
|
13
|
10
|
8
|
8
|
7
|
6
|
6
|
7
|
9
|
9
|
12
|
13
|
13
|
13
|
11
|
11
|
12
|
13
|
13
|
13
|
13
|
12
|
10
|
10
|
10
|
11
|
11
|
11
|
12
|
12
|
13
|
15
|
16
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(114)
|
0
|
1
|
1
|
(11)
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
2
|
192
|
192
|
192
|
180
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(1)
|
(4)
|
(4)
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
Total Other Income |
3
|
11
|
12
|
12
|
17
|
10
|
10
|
9
|
7
|
11
|
13
|
13
|
2
|
2
|
(1)
|
(1)
|
(7)
|
(7)
|
(7)
|
(7)
|
1
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
17
|
16
|
12
|
11
|
(7)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
1
|
|
Pre-Tax Income |
155
N/A
|
141
-10%
|
145
+3%
|
139
-4%
|
95
-32%
|
90
-5%
|
63
-30%
|
75
+18%
|
103
+38%
|
104
+1%
|
102
-2%
|
100
-2%
|
81
-19%
|
74
-9%
|
79
+7%
|
79
+0%
|
69
-12%
|
57
-18%
|
60
+6%
|
39
-34%
|
(57)
N/A
|
(66)
-16%
|
(71)
-8%
|
(68)
+3%
|
42
N/A
|
(14)
N/A
|
0
N/A
|
21
+5 125%
|
19
-9%
|
26
+34%
|
7
-74%
|
(13)
N/A
|
(19)
-44%
|
(18)
+2%
|
(15)
+20%
|
(14)
+2%
|
5
N/A
|
177
+3 742%
|
188
+6%
|
186
-1%
|
143
-23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(41)
|
(37)
|
(37)
|
(38)
|
(26)
|
(26)
|
(22)
|
(22)
|
(33)
|
(33)
|
(33)
|
(30)
|
(28)
|
(25)
|
(25)
|
(28)
|
(21)
|
(17)
|
(18)
|
(14)
|
(16)
|
(14)
|
(12)
|
(11)
|
(15)
|
(1)
|
(4)
|
(5)
|
(2)
|
(3)
|
0
|
(2)
|
2
|
2
|
1
|
3
|
(2)
|
(46)
|
(48)
|
(47)
|
(39)
|
|
Income from Continuing Operations |
115
|
104
|
108
|
101
|
68
|
64
|
41
|
53
|
70
|
72
|
70
|
71
|
54
|
48
|
54
|
51
|
49
|
40
|
42
|
25
|
(73)
|
(79)
|
(83)
|
(79)
|
27
|
(15)
|
(3)
|
16
|
17
|
22
|
7
|
(16)
|
(17)
|
(17)
|
(14)
|
(11)
|
2
|
131
|
140
|
139
|
104
|
|
Income to Minority Interest |
2
|
2
|
1
|
3
|
3
|
5
|
8
|
7
|
7
|
7
|
6
|
7
|
14
|
10
|
10
|
10
|
7
|
9
|
10
|
8
|
4
|
3
|
3
|
2
|
3
|
2
|
2
|
(5)
|
(5)
|
0
|
(3)
|
4
|
4
|
5
|
4
|
4
|
3
|
4
|
3
|
2
|
0
|
|
Net Income (Common) |
117
N/A
|
106
-10%
|
109
+3%
|
104
-5%
|
71
-31%
|
69
-4%
|
48
-30%
|
60
+24%
|
78
+30%
|
78
+1%
|
75
-4%
|
77
+3%
|
67
-13%
|
59
-13%
|
65
+10%
|
61
-6%
|
55
-9%
|
48
-12%
|
51
+6%
|
34
-35%
|
(69)
N/A
|
(76)
-10%
|
(81)
-6%
|
(77)
+4%
|
29
N/A
|
(13)
N/A
|
(2)
+85%
|
12
N/A
|
12
+5%
|
17
+37%
|
4
-76%
|
(12)
N/A
|
(13)
-10%
|
(12)
+8%
|
(10)
+16%
|
(7)
+32%
|
5
N/A
|
135
+2 513%
|
143
+6%
|
140
-2%
|
105
-26%
|
|
EPS (Diluted) |
0.2
N/A
|
0.17
-15%
|
0.19
+12%
|
0.16
-16%
|
0.11
-31%
|
0.1
-9%
|
0.07
-30%
|
0.09
+29%
|
0.12
+33%
|
0.11
-8%
|
0.11
N/A
|
0.11
N/A
|
0.1
-9%
|
0.09
-10%
|
0.1
+11%
|
0.09
-10%
|
0.08
-11%
|
0.07
-13%
|
0.07
N/A
|
0.05
-29%
|
-0.1
N/A
|
-0.11
-10%
|
-0.11
N/A
|
-0.11
N/A
|
0.04
N/A
|
-0.01
N/A
|
0
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|
0.01
N/A
|
0.2
+1 900%
|
0.21
+5%
|
0.21
N/A
|
0.16
-24%
|