Beijing Aerospace Changfeng Co Ltd
SSE:600855
Income Statement
Earnings Waterfall
Beijing Aerospace Changfeng Co Ltd
Revenue
|
1.4B
CNY
|
Cost of Revenue
|
-1.1B
CNY
|
Gross Profit
|
238.3m
CNY
|
Operating Expenses
|
-463.2m
CNY
|
Operating Income
|
-224.9m
CNY
|
Other Expenses
|
-10.3m
CNY
|
Net Income
|
-235.2m
CNY
|
Income Statement
Beijing Aerospace Changfeng 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 |
981
N/A
|
1 004
+2%
|
859
-14%
|
770
-10%
|
689
-11%
|
655
-5%
|
688
+5%
|
751
+9%
|
879
+17%
|
958
+9%
|
1 031
+8%
|
1 067
+3%
|
1 133
+6%
|
1 109
-2%
|
1 203
+8%
|
1 171
-3%
|
1 504
+28%
|
1 520
+1%
|
1 520
0%
|
1 712
+13%
|
2 357
+38%
|
2 515
+7%
|
2 704
+8%
|
2 850
+5%
|
2 592
-9%
|
2 420
-7%
|
2 544
+5%
|
2 645
+4%
|
2 763
+4%
|
2 865
+4%
|
2 910
+2%
|
2 905
0%
|
2 785
-4%
|
2 767
-1%
|
2 456
-11%
|
2 262
-8%
|
1 802
-20%
|
1 779
-1%
|
1 706
-4%
|
1 596
-6%
|
1 382
-13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(740)
|
(759)
|
(641)
|
(559)
|
(499)
|
(472)
|
(509)
|
(567)
|
(686)
|
(756)
|
(811)
|
(848)
|
(885)
|
(868)
|
(940)
|
(903)
|
(1 225)
|
(1 237)
|
(1 247)
|
(1 400)
|
(1 816)
|
(1 928)
|
(2 078)
|
(2 144)
|
(2 024)
|
(1 906)
|
(1 886)
|
(2 051)
|
(2 091)
|
(2 188)
|
(2 240)
|
(2 209)
|
(2 099)
|
(2 082)
|
(1 914)
|
(1 739)
|
(1 337)
|
(1 335)
|
(1 272)
|
(1 195)
|
(1 144)
|
|
Gross Profit |
241
N/A
|
245
+2%
|
219
-11%
|
211
-4%
|
189
-10%
|
183
-3%
|
179
-2%
|
183
+2%
|
193
+5%
|
202
+5%
|
220
+9%
|
219
0%
|
249
+14%
|
241
-3%
|
263
+9%
|
268
+2%
|
279
+4%
|
284
+2%
|
273
-4%
|
312
+14%
|
541
+73%
|
587
+8%
|
626
+7%
|
706
+13%
|
569
-19%
|
514
-10%
|
658
+28%
|
594
-10%
|
672
+13%
|
678
+1%
|
670
-1%
|
696
+4%
|
687
-1%
|
684
0%
|
542
-21%
|
523
-4%
|
465
-11%
|
444
-5%
|
434
-2%
|
401
-8%
|
238
-40%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(189)
|
(186)
|
(177)
|
(183)
|
(170)
|
(170)
|
(174)
|
(176)
|
(179)
|
(175)
|
(176)
|
(172)
|
(203)
|
(204)
|
(226)
|
(230)
|
(242)
|
(250)
|
(238)
|
(245)
|
(367)
|
(392)
|
(446)
|
(486)
|
(461)
|
(453)
|
(455)
|
(474)
|
(523)
|
(554)
|
(559)
|
(558)
|
(513)
|
(541)
|
(507)
|
(497)
|
(448)
|
(436)
|
(447)
|
(455)
|
(463)
|
|
Selling, General & Administrative |
(169)
|
(166)
|
(162)
|
(168)
|
(137)
|
(163)
|
(163)
|
(165)
|
(130)
|
(180)
|
(179)
|
(176)
|
(160)
|
(195)
|
(206)
|
(191)
|
(213)
|
(193)
|
(187)
|
(207)
|
(315)
|
(310)
|
(369)
|
(410)
|
(381)
|
(397)
|
(390)
|
(409)
|
(416)
|
(434)
|
(422)
|
(408)
|
(385)
|
(392)
|
(371)
|
(366)
|
(342)
|
(343)
|
(358)
|
(362)
|
(365)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
(20)
|
(44)
|
(51)
|
(63)
|
(64)
|
(72)
|
(73)
|
(81)
|
(89)
|
(100)
|
(117)
|
(121)
|
(131)
|
(146)
|
(148)
|
(156)
|
(153)
|
(107)
|
(112)
|
(106)
|
(103)
|
(104)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(25)
|
|
Other Operating Expenses |
(20)
|
(20)
|
(14)
|
(15)
|
(0)
|
(8)
|
(11)
|
(11)
|
(5)
|
5
|
4
|
4
|
(5)
|
(8)
|
(20)
|
(39)
|
6
|
(57)
|
(51)
|
(19)
|
8
|
(32)
|
(15)
|
(12)
|
15
|
17
|
17
|
25
|
21
|
(3)
|
(17)
|
(19)
|
44
|
(2)
|
18
|
19
|
28
|
19
|
18
|
10
|
32
|
|
Operating Income |
52
N/A
|
59
+14%
|
42
-29%
|
28
-34%
|
20
-29%
|
13
-36%
|
5
-65%
|
7
+62%
|
14
+92%
|
27
+93%
|
45
+65%
|
47
+6%
|
46
-3%
|
38
-17%
|
38
+0%
|
39
+2%
|
37
-3%
|
34
-9%
|
35
+3%
|
67
+90%
|
174
+161%
|
195
+12%
|
180
-8%
|
220
+22%
|
107
-51%
|
61
-43%
|
203
+230%
|
121
-41%
|
149
+24%
|
124
-17%
|
111
-10%
|
138
+24%
|
174
+26%
|
143
-17%
|
35
-75%
|
26
-27%
|
17
-32%
|
8
-56%
|
(13)
N/A
|
(55)
-321%
|
(225)
-310%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
10
|
7
|
7
|
6
|
6
|
7
|
20
|
19
|
18
|
13
|
0
|
1
|
25
|
21
|
21
|
21
|
3
|
3
|
1
|
(1)
|
9
|
13
|
11
|
9
|
5
|
11
|
13
|
14
|
3
|
(3)
|
(7)
|
(5)
|
1
|
(14)
|
(11)
|
(13)
|
(0)
|
38
|
41
|
42
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
35
|
2
|
3
|
3
|
(47)
|
|
Gain/Loss on Disposition of Assets |
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
15
|
13
|
17
|
17
|
20
|
16
|
14
|
15
|
15
|
11
|
10
|
10
|
12
|
11
|
10
|
9
|
1
|
(3)
|
(3)
|
(3)
|
1
|
0
|
0
|
0
|
19
|
19
|
20
|
20
|
21
|
21
|
22
|
20
|
6
|
6
|
4
|
4
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
|
Pre-Tax Income |
76
N/A
|
79
+4%
|
65
-18%
|
51
-22%
|
46
-9%
|
35
-23%
|
38
+7%
|
41
+7%
|
46
+15%
|
50
+9%
|
55
+9%
|
58
+6%
|
83
+41%
|
70
-15%
|
68
-2%
|
68
0%
|
41
-39%
|
34
-18%
|
33
-3%
|
63
+88%
|
191
+205%
|
209
+9%
|
191
-8%
|
230
+20%
|
131
-43%
|
91
-30%
|
236
+158%
|
155
-34%
|
142
-8%
|
142
0%
|
126
-11%
|
153
+21%
|
135
-11%
|
136
+0%
|
28
-79%
|
17
-39%
|
52
+198%
|
46
-10%
|
31
-33%
|
(10)
N/A
|
(271)
-2 626%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(19)
|
(20)
|
(18)
|
(17)
|
(10)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(13)
|
(13)
|
(14)
|
(14)
|
(16)
|
(16)
|
(15)
|
(16)
|
(13)
|
(14)
|
(28)
|
(31)
|
(29)
|
(36)
|
(28)
|
(26)
|
(39)
|
(36)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(31)
|
(25)
|
(21)
|
(19)
|
(15)
|
(14)
|
(10)
|
27
|
|
Income from Continuing Operations |
57
|
59
|
47
|
34
|
37
|
28
|
30
|
32
|
36
|
39
|
42
|
46
|
69
|
56
|
52
|
53
|
27
|
18
|
20
|
48
|
163
|
177
|
162
|
193
|
103
|
66
|
197
|
119
|
114
|
112
|
97
|
122
|
104
|
104
|
3
|
(4)
|
32
|
31
|
17
|
(19)
|
(244)
|
|
Income to Minority Interest |
(25)
|
(27)
|
(22)
|
(20)
|
(13)
|
(11)
|
(10)
|
(10)
|
(7)
|
(8)
|
(13)
|
(13)
|
(11)
|
(9)
|
(5)
|
(3)
|
(16)
|
(17)
|
(16)
|
(28)
|
(61)
|
(71)
|
(86)
|
(88)
|
(61)
|
(40)
|
(15)
|
9
|
33
|
28
|
20
|
13
|
13
|
12
|
12
|
10
|
(27)
|
(28)
|
(27)
|
(26)
|
9
|
|
Net Income (Common) |
31
N/A
|
32
+0%
|
25
-20%
|
15
-42%
|
23
+58%
|
17
-26%
|
21
+22%
|
22
+6%
|
29
+33%
|
31
+6%
|
29
-6%
|
33
+13%
|
58
+76%
|
48
-18%
|
47
-1%
|
50
+5%
|
10
-79%
|
2
-85%
|
5
+207%
|
20
+333%
|
102
+411%
|
106
+5%
|
76
-29%
|
105
+38%
|
43
-59%
|
26
-39%
|
182
+595%
|
129
-29%
|
147
+14%
|
141
-4%
|
118
-16%
|
136
+15%
|
117
-14%
|
117
-1%
|
16
-87%
|
6
-59%
|
5
-14%
|
3
-49%
|
(11)
N/A
|
(45)
-329%
|
(235)
-420%
|
|
EPS (Diluted) |
0.1
N/A
|
0.1
N/A
|
0.08
-20%
|
0.05
-38%
|
0.07
+40%
|
0.05
-29%
|
0.06
+20%
|
0.06
N/A
|
0.09
+50%
|
0.09
N/A
|
0.08
-11%
|
0.09
+13%
|
0.17
+89%
|
0.14
-18%
|
0.14
N/A
|
0.15
+7%
|
0.03
-80%
|
0
N/A
|
0.01
N/A
|
0.05
+400%
|
0.26
+420%
|
0.27
+4%
|
0.24
-11%
|
0.19
-21%
|
0.11
-42%
|
0.07
-36%
|
0.43
+514%
|
0.4
-7%
|
0.33
-18%
|
0.31
-6%
|
0.26
-16%
|
0.31
+19%
|
0.27
-13%
|
0.26
-4%
|
0.04
-85%
|
0.01
-75%
|
0.01
N/A
|
0.01
N/A
|
-0.02
N/A
|
-0.09
-350%
|
-0.5
-456%
|