Tianjin Capital Environmental Protection Group Co Ltd
SSE:600874
Income Statement
Earnings Waterfall
Tianjin Capital Environmental Protection Group Co Ltd
Revenue
|
4.7B
CNY
|
Cost of Revenue
|
-2.8B
CNY
|
Gross Profit
|
1.8B
CNY
|
Operating Expenses
|
-331.6m
CNY
|
Operating Income
|
1.5B
CNY
|
Other Expenses
|
-623.7m
CNY
|
Net Income
|
865.2m
CNY
|
Income Statement
Tianjin Capital Environmental Protection Group 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 |
1 750
N/A
|
1 726
-1%
|
1 760
+2%
|
1 785
+1%
|
1 828
+2%
|
1 880
+3%
|
1 924
+2%
|
1 988
+3%
|
1 934
-3%
|
1 940
+0%
|
1 904
-2%
|
1 926
+1%
|
1 959
+2%
|
1 992
+2%
|
2 018
+1%
|
2 026
+0%
|
2 148
+6%
|
2 153
+0%
|
2 270
+5%
|
2 329
+3%
|
2 448
+5%
|
2 547
+4%
|
2 564
+1%
|
2 658
+4%
|
2 852
+7%
|
2 975
+4%
|
3 148
+6%
|
3 391
+8%
|
3 364
-1%
|
3 523
+5%
|
3 746
+6%
|
4 148
+11%
|
4 536
+9%
|
4 732
+4%
|
4 761
+1%
|
4 505
-5%
|
4 522
+0%
|
4 427
-2%
|
4 502
+2%
|
4 550
+1%
|
4 665
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 073)
|
(1 045)
|
(1 051)
|
(1 058)
|
(1 099)
|
(1 139)
|
(1 151)
|
(1 179)
|
(1 218)
|
(1 263)
|
(1 266)
|
(1 337)
|
(1 155)
|
(1 194)
|
(1 215)
|
(1 197)
|
(1 291)
|
(1 366)
|
(1 421)
|
(1 486)
|
(1 559)
|
(1 698)
|
(1 771)
|
(1 881)
|
(1 940)
|
(2 071)
|
(2 215)
|
(2 346)
|
(2 185)
|
(2 324)
|
(2 456)
|
(2 850)
|
(3 188)
|
(3 376)
|
(3 386)
|
(3 059)
|
(2 986)
|
(2 920)
|
(2 940)
|
(3 018)
|
(2 845)
|
|
Gross Profit |
677
N/A
|
681
+1%
|
709
+4%
|
726
+2%
|
729
+0%
|
742
+2%
|
773
+4%
|
809
+5%
|
716
-12%
|
677
-5%
|
638
-6%
|
590
-8%
|
804
+36%
|
797
-1%
|
802
+1%
|
829
+3%
|
857
+3%
|
788
-8%
|
849
+8%
|
844
-1%
|
889
+5%
|
850
-4%
|
793
-7%
|
776
-2%
|
912
+17%
|
904
-1%
|
933
+3%
|
1 045
+12%
|
1 179
+13%
|
1 199
+2%
|
1 291
+8%
|
1 298
+1%
|
1 347
+4%
|
1 356
+1%
|
1 375
+1%
|
1 446
+5%
|
1 536
+6%
|
1 507
-2%
|
1 562
+4%
|
1 532
-2%
|
1 821
+19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(127)
|
(127)
|
(134)
|
(132)
|
(111)
|
(127)
|
(120)
|
(122)
|
(133)
|
(140)
|
(143)
|
(150)
|
(184)
|
(183)
|
(112)
|
(89)
|
(33)
|
51
|
36
|
32
|
(35)
|
(6)
|
(27)
|
(22)
|
(131)
|
(14)
|
(31)
|
(69)
|
(189)
|
(183)
|
(211)
|
(241)
|
(186)
|
(310)
|
(311)
|
(311)
|
(273)
|
(342)
|
(346)
|
(349)
|
(332)
|
|
Selling, General & Administrative |
(109)
|
(109)
|
(109)
|
(107)
|
(99)
|
(103)
|
(103)
|
(105)
|
(122)
|
(108)
|
(112)
|
(114)
|
(175)
|
(131)
|
(124)
|
(139)
|
(210)
|
(138)
|
(145)
|
(134)
|
(191)
|
(155)
|
(162)
|
(170)
|
(241)
|
(209)
|
(215)
|
(220)
|
(319)
|
(290)
|
(302)
|
(313)
|
(265)
|
(244)
|
(246)
|
(241)
|
(323)
|
(286)
|
(288)
|
(287)
|
(362)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(8)
|
(10)
|
(10)
|
(12)
|
(9)
|
(9)
|
(18)
|
(18)
|
(17)
|
(17)
|
(13)
|
(14)
|
(14)
|
(16)
|
(18)
|
(19)
|
(21)
|
(25)
|
(42)
|
(47)
|
(49)
|
(54)
|
(51)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
|
Other Operating Expenses |
(19)
|
(18)
|
(25)
|
(25)
|
(5)
|
(24)
|
(17)
|
(17)
|
(5)
|
(32)
|
(32)
|
(36)
|
(4)
|
(52)
|
12
|
50
|
182
|
192
|
189
|
176
|
172
|
161
|
144
|
157
|
140
|
213
|
202
|
166
|
156
|
120
|
105
|
87
|
109
|
(47)
|
(43)
|
(46)
|
105
|
(9)
|
(9)
|
(7)
|
96
|
|
Operating Income |
549
N/A
|
554
+1%
|
575
+4%
|
594
+3%
|
619
+4%
|
614
-1%
|
653
+6%
|
688
+5%
|
583
-15%
|
537
-8%
|
495
-8%
|
440
-11%
|
619
+41%
|
614
-1%
|
691
+12%
|
740
+7%
|
824
+11%
|
839
+2%
|
885
+6%
|
875
-1%
|
854
-2%
|
844
-1%
|
767
-9%
|
754
-2%
|
781
+3%
|
890
+14%
|
903
+1%
|
976
+8%
|
990
+1%
|
1 016
+3%
|
1 080
+6%
|
1 057
-2%
|
1 161
+10%
|
1 046
-10%
|
1 064
+2%
|
1 135
+7%
|
1 263
+11%
|
1 165
-8%
|
1 217
+4%
|
1 183
-3%
|
1 489
+26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(181)
|
(179)
|
(168)
|
(161)
|
(184)
|
(189)
|
(185)
|
(170)
|
(183)
|
(168)
|
(148)
|
(148)
|
(151)
|
(146)
|
(148)
|
(135)
|
(97)
|
(108)
|
(124)
|
(141)
|
(161)
|
(170)
|
(179)
|
(179)
|
(199)
|
(220)
|
(219)
|
(251)
|
(239)
|
(253)
|
(288)
|
(230)
|
(115)
|
(97)
|
(66)
|
(113)
|
(183)
|
(187)
|
(192)
|
(190)
|
(217)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
48
|
50
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(149)
|
0
|
0
|
0
|
(110)
|
0
|
0
|
(3)
|
(170)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
19
|
18
|
17
|
15
|
24
|
23
|
22
|
24
|
120
|
151
|
198
|
232
|
194
|
194
|
132
|
97
|
2
|
(30)
|
(14)
|
(11)
|
3
|
(0)
|
(0)
|
0
|
(2)
|
(2)
|
(5)
|
(7)
|
(5)
|
(3)
|
(3)
|
(6)
|
(0)
|
(2)
|
(1)
|
(0)
|
(1)
|
3
|
3
|
4
|
4
|
|
Pre-Tax Income |
387
N/A
|
393
+1%
|
424
+8%
|
448
+6%
|
433
-3%
|
448
+3%
|
491
+10%
|
542
+10%
|
490
-10%
|
519
+6%
|
545
+5%
|
524
-4%
|
622
+19%
|
663
+6%
|
675
+2%
|
701
+4%
|
719
+3%
|
701
-2%
|
747
+7%
|
724
-3%
|
695
-4%
|
674
-3%
|
588
-13%
|
623
+6%
|
630
+1%
|
668
+6%
|
679
+2%
|
718
+6%
|
718
+0%
|
761
+6%
|
789
+4%
|
822
+4%
|
896
+9%
|
948
+6%
|
997
+5%
|
1 022
+2%
|
969
-5%
|
981
+1%
|
1 028
+5%
|
995
-3%
|
1 106
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(99)
|
(101)
|
(110)
|
(115)
|
(116)
|
(117)
|
(134)
|
(147)
|
(146)
|
(149)
|
(149)
|
(139)
|
(154)
|
(169)
|
(176)
|
(179)
|
(200)
|
(194)
|
(196)
|
(197)
|
(168)
|
(162)
|
(132)
|
(124)
|
(101)
|
(101)
|
(104)
|
(122)
|
(112)
|
(115)
|
(123)
|
(113)
|
(177)
|
(202)
|
(204)
|
(226)
|
(157)
|
(158)
|
(172)
|
(148)
|
(203)
|
|
Income from Continuing Operations |
288
|
292
|
314
|
333
|
318
|
331
|
357
|
395
|
345
|
370
|
397
|
384
|
468
|
494
|
499
|
523
|
519
|
508
|
551
|
527
|
527
|
511
|
456
|
499
|
529
|
567
|
575
|
596
|
606
|
646
|
666
|
709
|
719
|
746
|
794
|
796
|
813
|
823
|
856
|
847
|
903
|
|
Income to Minority Interest |
(7)
|
(5)
|
(4)
|
(8)
|
(10)
|
(11)
|
(11)
|
(15)
|
(14)
|
(15)
|
(11)
|
(14)
|
(25)
|
(27)
|
(37)
|
(36)
|
(11)
|
(9)
|
(16)
|
(11)
|
(26)
|
(26)
|
(19)
|
(27)
|
(22)
|
(23)
|
(29)
|
(40)
|
(36)
|
(40)
|
(48)
|
(31)
|
(26)
|
(23)
|
(9)
|
(14)
|
(61)
|
(59)
|
(64)
|
(67)
|
(38)
|
|
Net Income (Common) |
282
N/A
|
287
+2%
|
310
+8%
|
325
+5%
|
308
-5%
|
320
+4%
|
346
+8%
|
381
+10%
|
331
-13%
|
355
+8%
|
386
+9%
|
370
-4%
|
443
+20%
|
466
+5%
|
462
-1%
|
486
+5%
|
508
+5%
|
499
-2%
|
536
+7%
|
515
-4%
|
501
-3%
|
485
-3%
|
437
-10%
|
472
+8%
|
507
+8%
|
544
+7%
|
546
+0%
|
556
+2%
|
570
+3%
|
606
+6%
|
618
+2%
|
678
+10%
|
693
+2%
|
723
+4%
|
785
+9%
|
781
0%
|
751
-4%
|
764
+2%
|
793
+4%
|
780
-2%
|
865
+11%
|
|
EPS (Diluted) |
0.2
N/A
|
0.2
N/A
|
0.22
+10%
|
0.23
+5%
|
0.22
-4%
|
0.23
+5%
|
0.25
+9%
|
0.27
+8%
|
0.23
-15%
|
0.25
+9%
|
0.27
+8%
|
0.26
-4%
|
0.31
+19%
|
0.32
+3%
|
0.32
N/A
|
0.34
+6%
|
0.36
+6%
|
0.36
N/A
|
0.38
+6%
|
0.36
-5%
|
0.35
-3%
|
0.34
-3%
|
0.31
-9%
|
0.34
+10%
|
0.36
+6%
|
0.38
+6%
|
0.38
N/A
|
0.39
+3%
|
0.4
+3%
|
0.43
+7%
|
0.44
+2%
|
0.47
+7%
|
0.49
+4%
|
0.51
+4%
|
0.55
+8%
|
0.55
N/A
|
0.51
-7%
|
0.48
-6%
|
0.52
+8%
|
0.5
-4%
|
0.55
+10%
|