Shenma Industry Co Ltd
SSE:600810
Income Statement
Earnings Waterfall
Shenma Industry Co Ltd
Revenue
|
12.9B
CNY
|
Cost of Revenue
|
-11.3B
CNY
|
Gross Profit
|
1.6B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
528.3m
CNY
|
Other Expenses
|
-404.9m
CNY
|
Net Income
|
123.4m
CNY
|
Income Statement
Shenma Industry 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 |
14 694
N/A
|
12 787
-13%
|
14 161
+11%
|
15 852
+12%
|
14 886
-6%
|
18 608
+25%
|
15 371
-17%
|
12 518
-19%
|
8 092
-35%
|
8 012
-1%
|
8 367
+4%
|
9 810
+17%
|
10 040
+2%
|
11 238
+12%
|
11 052
-2%
|
10 568
-4%
|
10 685
+1%
|
10 321
-3%
|
10 854
+5%
|
11 437
+5%
|
11 255
-2%
|
11 937
+6%
|
12 572
+5%
|
13 198
+5%
|
11 048
-16%
|
10 084
-9%
|
8 099
-20%
|
8 244
+2%
|
8 912
+8%
|
9 395
+5%
|
11 088
+18%
|
10 964
-1%
|
13 589
+24%
|
14 276
+5%
|
14 725
+3%
|
14 157
-4%
|
14 572
+3%
|
23 133
+59%
|
22 287
-4%
|
22 990
+3%
|
12 919
-44%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(14 238)
|
(12 303)
|
(13 588)
|
(15 189)
|
(14 203)
|
(17 876)
|
(14 735)
|
(11 905)
|
(7 544)
|
(7 414)
|
(7 677)
|
(9 081)
|
(9 288)
|
(10 465)
|
(10 308)
|
(9 826)
|
(9 837)
|
(9 427)
|
(9 658)
|
(10 031)
|
(9 659)
|
(10 335)
|
(10 676)
|
(11 248)
|
(9 041)
|
(8 241)
|
(6 763)
|
(6 970)
|
(7 365)
|
(7 551)
|
(8 340)
|
(7 586)
|
(9 752)
|
(10 302)
|
(11 232)
|
(11 299)
|
(12 564)
|
(19 803)
|
(19 285)
|
(20 010)
|
(11 329)
|
|
Gross Profit |
456
N/A
|
484
+6%
|
573
+18%
|
664
+16%
|
683
+3%
|
732
+7%
|
637
-13%
|
613
-4%
|
548
-11%
|
597
+9%
|
690
+16%
|
729
+6%
|
752
+3%
|
773
+3%
|
744
-4%
|
742
0%
|
848
+14%
|
895
+6%
|
1 197
+34%
|
1 407
+18%
|
1 595
+13%
|
1 603
+0%
|
1 896
+18%
|
1 950
+3%
|
2 007
+3%
|
1 843
-8%
|
1 336
-28%
|
1 274
-5%
|
1 547
+21%
|
1 843
+19%
|
2 747
+49%
|
3 378
+23%
|
3 837
+14%
|
3 974
+4%
|
3 494
-12%
|
2 858
-18%
|
2 008
-30%
|
3 330
+66%
|
3 002
-10%
|
2 980
-1%
|
1 590
-47%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(329)
|
(325)
|
(336)
|
(369)
|
(470)
|
(489)
|
(465)
|
(471)
|
(448)
|
(424)
|
(465)
|
(467)
|
(581)
|
(546)
|
(560)
|
(572)
|
(598)
|
(553)
|
(554)
|
(543)
|
(662)
|
(589)
|
(812)
|
(948)
|
(1 025)
|
(930)
|
(757)
|
(750)
|
(896)
|
(819)
|
(906)
|
(880)
|
(1 075)
|
(1 155)
|
(1 263)
|
(1 369)
|
(1 287)
|
(2 098)
|
(1 980)
|
(1 817)
|
(1 062)
|
|
Selling, General & Administrative |
(335)
|
(331)
|
(345)
|
(377)
|
(387)
|
(487)
|
(466)
|
(472)
|
(365)
|
(417)
|
(450)
|
(452)
|
(411)
|
(513)
|
(550)
|
(543)
|
(452)
|
(530)
|
(487)
|
(474)
|
(521)
|
(454)
|
(547)
|
(604)
|
(575)
|
(532)
|
(464)
|
(473)
|
(579)
|
(546)
|
(541)
|
(527)
|
(695)
|
(640)
|
(681)
|
(737)
|
(819)
|
(1 222)
|
(1 202)
|
(1 061)
|
(644)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(133)
|
0
|
0
|
(34)
|
(126)
|
(57)
|
(84)
|
(82)
|
(127)
|
(131)
|
(269)
|
(342)
|
(405)
|
(434)
|
(330)
|
(318)
|
(344)
|
(387)
|
(468)
|
(455)
|
(358)
|
(513)
|
(546)
|
(617)
|
(397)
|
(785)
|
(720)
|
(728)
|
(398)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(67)
|
|
Other Operating Expenses |
6
|
6
|
8
|
8
|
(22)
|
0
|
1
|
0
|
(35)
|
(7)
|
(15)
|
(15)
|
(22)
|
(34)
|
(10)
|
5
|
1
|
34
|
16
|
13
|
14
|
(3)
|
3
|
(2)
|
(4)
|
36
|
37
|
41
|
67
|
114
|
103
|
102
|
27
|
(2)
|
(36)
|
(14)
|
(19)
|
(89)
|
(58)
|
(27)
|
49
|
|
Operating Income |
127
N/A
|
159
+25%
|
236
+49%
|
295
+25%
|
214
-27%
|
243
+13%
|
172
-29%
|
142
-18%
|
100
-29%
|
173
+73%
|
226
+30%
|
262
+16%
|
171
-35%
|
226
+32%
|
184
-19%
|
170
-8%
|
250
+47%
|
341
+37%
|
642
+88%
|
863
+34%
|
934
+8%
|
1 014
+9%
|
1 084
+7%
|
1 002
-8%
|
982
-2%
|
913
-7%
|
579
-37%
|
524
-9%
|
651
+24%
|
1 025
+57%
|
1 842
+80%
|
2 498
+36%
|
2 762
+11%
|
2 819
+2%
|
2 230
-21%
|
1 489
-33%
|
721
-52%
|
1 233
+71%
|
1 021
-17%
|
1 164
+14%
|
528
-55%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(73)
|
(55)
|
(30)
|
(116)
|
(123)
|
(135)
|
(133)
|
(116)
|
(36)
|
(94)
|
(98)
|
(100)
|
(66)
|
(67)
|
(67)
|
(57)
|
(97)
|
(94)
|
25
|
91
|
152
|
161
|
(39)
|
(187)
|
(242)
|
(354)
|
(323)
|
(273)
|
(203)
|
(254)
|
(276)
|
(273)
|
(310)
|
(319)
|
(303)
|
(315)
|
(252)
|
(511)
|
(501)
|
(481)
|
(284)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
(6)
|
0
|
1
|
1
|
(3)
|
(1)
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
11
|
0
|
(1)
|
(1)
|
(11)
|
0
|
0
|
0
|
58
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
10
|
10
|
9
|
9
|
2
|
3
|
4
|
4
|
8
|
6
|
(2)
|
1
|
17
|
16
|
35
|
30
|
1
|
3
|
(12)
|
(8)
|
1
|
(4)
|
4
|
6
|
35
|
29
|
20
|
19
|
(14)
|
(16)
|
(18)
|
(17)
|
(10)
|
(13)
|
(1)
|
(8)
|
(0)
|
(2)
|
(7)
|
(1)
|
6
|
|
Pre-Tax Income |
65
N/A
|
115
+78%
|
216
+88%
|
188
-13%
|
93
-51%
|
110
+19%
|
43
-61%
|
31
-29%
|
71
+133%
|
86
+20%
|
126
+47%
|
163
+30%
|
116
-29%
|
175
+51%
|
153
-13%
|
137
-11%
|
154
+13%
|
252
+64%
|
656
+161%
|
944
+44%
|
1 083
+15%
|
1 171
+8%
|
1 049
-10%
|
825
-21%
|
769
-7%
|
589
-23%
|
275
-53%
|
270
-2%
|
432
+60%
|
755
+75%
|
1 548
+105%
|
2 208
+43%
|
2 449
+11%
|
2 488
+2%
|
1 926
-23%
|
1 167
-39%
|
458
-61%
|
720
+57%
|
514
-29%
|
681
+33%
|
308
-55%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(42)
|
(41)
|
(49)
|
(51)
|
(7)
|
(7)
|
(7)
|
(7)
|
(3)
|
(4)
|
(6)
|
(9)
|
(10)
|
(10)
|
(11)
|
(9)
|
(23)
|
(31)
|
(40)
|
(74)
|
(117)
|
(122)
|
(148)
|
(122)
|
(118)
|
(122)
|
(70)
|
(70)
|
(50)
|
(62)
|
(219)
|
(308)
|
(296)
|
(326)
|
(200)
|
(119)
|
(42)
|
(109)
|
(109)
|
(100)
|
(98)
|
|
Income from Continuing Operations |
23
|
74
|
167
|
137
|
86
|
104
|
37
|
23
|
68
|
82
|
119
|
153
|
106
|
165
|
142
|
127
|
131
|
221
|
616
|
870
|
966
|
1 049
|
901
|
703
|
651
|
467
|
205
|
199
|
382
|
693
|
1 329
|
1 900
|
2 153
|
2 162
|
1 726
|
1 048
|
415
|
611
|
405
|
581
|
210
|
|
Income to Minority Interest |
(3)
|
(1)
|
(22)
|
(27)
|
(26)
|
(41)
|
(21)
|
(20)
|
(5)
|
(13)
|
(23)
|
(24)
|
(21)
|
(45)
|
(63)
|
(47)
|
(64)
|
(98)
|
(201)
|
(305)
|
(315)
|
(314)
|
(140)
|
(44)
|
1
|
51
|
11
|
11
|
(12)
|
(30)
|
(39)
|
(45)
|
(21)
|
4
|
(30)
|
(7)
|
(17)
|
(58)
|
(25)
|
(84)
|
(87)
|
|
Net Income (Common) |
20
N/A
|
73
+272%
|
145
+98%
|
111
-24%
|
61
-45%
|
63
+3%
|
16
-75%
|
4
-76%
|
63
+1 603%
|
69
+9%
|
97
+41%
|
129
+34%
|
85
-34%
|
120
+42%
|
79
-34%
|
80
+2%
|
67
-16%
|
123
+84%
|
415
+237%
|
565
+36%
|
652
+15%
|
736
+13%
|
761
+3%
|
659
-13%
|
651
-1%
|
518
-20%
|
216
-58%
|
211
-3%
|
371
+76%
|
663
+79%
|
1 290
+95%
|
1 855
+44%
|
2 132
+15%
|
2 166
+2%
|
1 696
-22%
|
1 040
-39%
|
399
-62%
|
553
+39%
|
380
-31%
|
497
+31%
|
123
-75%
|
|
EPS (Diluted) |
0.04
N/A
|
0.13
+225%
|
0.25
+92%
|
0.19
-24%
|
0.11
-42%
|
0.11
N/A
|
0.03
-73%
|
0
N/A
|
0.11
N/A
|
0.11
N/A
|
0.16
+45%
|
0.22
+38%
|
0.15
-32%
|
0.21
+40%
|
0.14
-33%
|
0.14
N/A
|
0.12
-14%
|
0.22
+83%
|
0.72
+227%
|
0.98
+36%
|
1.47
+50%
|
1.27
-14%
|
0.68
-46%
|
0.77
+13%
|
1.13
+47%
|
0.87
-23%
|
0.18
-79%
|
0.23
+28%
|
0.57
+148%
|
0.74
+30%
|
1.42
+92%
|
2.04
+44%
|
2.29
+12%
|
2.07
-10%
|
1.62
-22%
|
1
-38%
|
0.38
-62%
|
0.53
+39%
|
0.36
-32%
|
0.53
+47%
|
0.12
-77%
|