Ningbo Shanshan Co Ltd
SSE:600884
Income Statement
Earnings Waterfall
Ningbo Shanshan Co Ltd
Revenue
|
20.6B
CNY
|
Cost of Revenue
|
-16.9B
CNY
|
Gross Profit
|
3.7B
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
2.4B
CNY
|
Other Expenses
|
-718.6m
CNY
|
Net Income
|
1.7B
CNY
|
Income Statement
Ningbo Shanshan Co Ltd
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 961
N/A
|
4 048
+2%
|
4 073
+1%
|
4 153
+2%
|
3 984
-4%
|
3 659
-8%
|
3 691
+1%
|
3 657
-1%
|
3 953
+8%
|
4 928
+25%
|
5 209
+6%
|
5 499
+6%
|
5 723
+4%
|
5 475
-4%
|
5 889
+8%
|
6 886
+17%
|
8 252
+20%
|
8 271
+0%
|
8 546
+3%
|
8 706
+2%
|
8 009
-8%
|
8 853
+11%
|
9 072
+2%
|
9 007
-1%
|
8 986
0%
|
8 680
-3%
|
7 870
-9%
|
7 449
-5%
|
7 728
+4%
|
8 216
+6%
|
10 993
+34%
|
14 952
+36%
|
18 365
+23%
|
20 699
+13%
|
21 730
+5%
|
21 525
-1%
|
20 828
-3%
|
21 702
+4%
|
21 122
-3%
|
20 397
-3%
|
20 570
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 079)
|
(3 195)
|
(3 210)
|
(3 280)
|
(3 135)
|
(2 812)
|
(2 841)
|
(2 817)
|
(3 070)
|
(3 896)
|
(4 088)
|
(4 224)
|
(4 364)
|
(4 095)
|
(4 453)
|
(5 269)
|
(6 377)
|
(6 184)
|
(6 447)
|
(6 585)
|
(6 068)
|
(6 906)
|
(7 221)
|
(7 207)
|
(7 137)
|
(6 895)
|
(6 280)
|
(6 008)
|
(6 282)
|
(6 724)
|
(8 730)
|
(11 661)
|
(14 017)
|
(15 548)
|
(16 362)
|
(16 112)
|
(15 628)
|
(16 555)
|
(16 548)
|
(16 276)
|
(16 918)
|
|
Gross Profit |
882
N/A
|
853
-3%
|
863
+1%
|
874
+1%
|
849
-3%
|
847
0%
|
851
+0%
|
840
-1%
|
883
+5%
|
1 032
+17%
|
1 121
+9%
|
1 275
+14%
|
1 359
+7%
|
1 380
+2%
|
1 436
+4%
|
1 617
+13%
|
1 875
+16%
|
2 086
+11%
|
2 100
+1%
|
2 121
+1%
|
1 940
-9%
|
1 948
+0%
|
1 851
-5%
|
1 800
-3%
|
1 849
+3%
|
1 785
-3%
|
1 591
-11%
|
1 442
-9%
|
1 447
+0%
|
1 492
+3%
|
2 263
+52%
|
3 292
+45%
|
4 348
+32%
|
5 151
+18%
|
5 367
+4%
|
5 412
+1%
|
5 200
-4%
|
5 147
-1%
|
4 573
-11%
|
4 121
-10%
|
3 652
-11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(730)
|
(707)
|
(730)
|
(734)
|
(715)
|
(739)
|
(741)
|
(748)
|
(775)
|
(856)
|
(890)
|
(941)
|
(998)
|
(1 047)
|
(1 055)
|
(1 110)
|
(1 235)
|
(1 339)
|
(1 252)
|
(1 282)
|
(1 104)
|
(1 209)
|
(1 250)
|
(1 270)
|
(1 394)
|
(1 338)
|
(1 336)
|
(1 303)
|
(1 258)
|
(1 244)
|
(1 485)
|
(1 724)
|
(1 938)
|
(1 855)
|
(2 115)
|
(2 049)
|
(2 085)
|
(1 876)
|
(1 659)
|
(1 401)
|
(1 249)
|
|
Selling, General & Administrative |
(673)
|
(606)
|
(701)
|
(689)
|
(663)
|
(732)
|
(654)
|
(676)
|
(699)
|
(811)
|
(800)
|
(841)
|
(886)
|
(975)
|
(1 009)
|
(1 106)
|
(1 120)
|
(1 303)
|
(1 162)
|
(1 202)
|
(1 180)
|
(917)
|
(1 060)
|
(954)
|
(977)
|
(971)
|
(1 066)
|
(1 046)
|
(994)
|
(864)
|
(1 093)
|
(1 234)
|
(1 389)
|
(1 037)
|
(1 087)
|
(947)
|
(813)
|
(959)
|
(900)
|
(853)
|
(901)
|
|
Research & Development |
0
|
(96)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
(110)
|
(37)
|
0
|
0
|
(73)
|
(353)
|
(255)
|
(380)
|
(413)
|
(381)
|
(392)
|
(369)
|
(390)
|
(343)
|
(466)
|
(567)
|
(637)
|
(659)
|
(741)
|
(782)
|
(881)
|
(903)
|
(948)
|
(905)
|
(928)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(141)
|
0
|
0
|
0
|
(170)
|
0
|
0
|
0
|
(172)
|
0
|
0
|
0
|
(217)
|
0
|
0
|
0
|
(176)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(57)
|
(4)
|
(29)
|
(45)
|
(52)
|
(3)
|
(87)
|
(73)
|
(76)
|
(5)
|
(91)
|
(99)
|
(112)
|
(3)
|
(46)
|
(4)
|
(6)
|
77
|
(90)
|
(80)
|
150
|
201
|
65
|
65
|
(3)
|
184
|
122
|
112
|
126
|
135
|
74
|
78
|
87
|
57
|
(287)
|
(320)
|
(391)
|
161
|
188
|
357
|
580
|
|
Operating Income |
153
N/A
|
146
-4%
|
134
-9%
|
140
+5%
|
135
-4%
|
108
-20%
|
109
+1%
|
92
-16%
|
108
+17%
|
176
+63%
|
231
+31%
|
335
+45%
|
361
+8%
|
333
-8%
|
382
+15%
|
507
+33%
|
640
+26%
|
747
+17%
|
847
+13%
|
839
-1%
|
837
0%
|
738
-12%
|
601
-19%
|
530
-12%
|
455
-14%
|
447
-2%
|
254
-43%
|
138
-46%
|
189
+36%
|
248
+32%
|
777
+213%
|
1 568
+102%
|
2 410
+54%
|
3 296
+37%
|
3 252
-1%
|
3 364
+3%
|
3 115
-7%
|
3 270
+5%
|
2 914
-11%
|
2 721
-7%
|
2 403
-12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5
|
11
|
31
|
56
|
71
|
257
|
627
|
874
|
897
|
670
|
268
|
46
|
48
|
137
|
124
|
65
|
(2)
|
454
|
442
|
556
|
1 192
|
755
|
805
|
727
|
118
|
(53)
|
(58)
|
63
|
159
|
23
|
53
|
(308)
|
1 507
|
921
|
2 021
|
2 288
|
336
|
13
|
340
|
29
|
(54)
|
|
Non-Reccuring Items |
0
|
10
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(30)
|
(3)
|
58
|
52
|
35
|
146
|
86
|
91
|
36
|
(2)
|
(4)
|
(2)
|
(31)
|
2
|
(2)
|
(24)
|
21
|
(5)
|
(4)
|
16
|
457
|
(19)
|
(17)
|
(15)
|
102
|
(14)
|
(17)
|
(16)
|
|
Gain/Loss on Disposition of Assets |
0
|
6
|
0
|
5
|
0
|
(10)
|
0
|
0
|
0
|
(5)
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
27
|
16
|
21
|
7
|
7
|
8
|
(4)
|
2
|
1
|
25
|
22
|
26
|
29
|
36
|
38
|
30
|
79
|
10
|
(99)
|
(92)
|
(143)
|
5
|
(4)
|
(8)
|
(9)
|
(10)
|
(25)
|
(26)
|
(24)
|
(30)
|
(42)
|
(44)
|
(48)
|
(0)
|
(27)
|
(17)
|
(18)
|
10
|
4
|
(9)
|
(21)
|
|
Pre-Tax Income |
184
N/A
|
188
+2%
|
186
-1%
|
208
+12%
|
212
+2%
|
368
+74%
|
732
+99%
|
968
+32%
|
1 006
+4%
|
833
-17%
|
521
-37%
|
405
-22%
|
437
+8%
|
475
+9%
|
539
+13%
|
662
+23%
|
768
+16%
|
1 245
+62%
|
1 337
+7%
|
1 390
+4%
|
1 978
+42%
|
1 534
-22%
|
1 400
-9%
|
1 245
-11%
|
563
-55%
|
353
-37%
|
172
-51%
|
174
+1%
|
299
+72%
|
263
-12%
|
784
+198%
|
1 212
+55%
|
3 884
+220%
|
4 674
+20%
|
5 228
+12%
|
5 617
+7%
|
3 418
-39%
|
3 395
-1%
|
3 243
-4%
|
2 724
-16%
|
2 312
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(39)
|
(33)
|
(34)
|
(34)
|
(29)
|
(39)
|
(77)
|
(128)
|
(133)
|
(122)
|
(90)
|
(62)
|
(70)
|
(78)
|
(92)
|
(118)
|
(141)
|
(235)
|
(251)
|
(238)
|
(342)
|
(287)
|
(268)
|
(245)
|
(121)
|
22
|
42
|
4
|
(3)
|
(58)
|
(125)
|
(221)
|
(1 026)
|
(1 104)
|
(1 180)
|
(1 196)
|
(494)
|
(570)
|
(661)
|
(556)
|
(538)
|
|
Income from Continuing Operations |
145
|
155
|
151
|
174
|
183
|
329
|
655
|
840
|
873
|
711
|
431
|
343
|
367
|
398
|
447
|
544
|
628
|
1 010
|
1 086
|
1 152
|
1 636
|
1 248
|
1 133
|
1 000
|
442
|
375
|
215
|
178
|
296
|
205
|
659
|
991
|
2 858
|
3 570
|
4 048
|
4 421
|
2 924
|
2 825
|
2 583
|
2 168
|
1 774
|
|
Income to Minority Interest |
29
|
29
|
36
|
36
|
35
|
20
|
(1)
|
1
|
(9)
|
(19)
|
(21)
|
(40)
|
(46)
|
(68)
|
(77)
|
(98)
|
(125)
|
(114)
|
(124)
|
(129)
|
(154)
|
(132)
|
(132)
|
(132)
|
(93)
|
(105)
|
(64)
|
(27)
|
(36)
|
(67)
|
(135)
|
(193)
|
(224)
|
(231)
|
(204)
|
(180)
|
(149)
|
(134)
|
(126)
|
(125)
|
(89)
|
|
Net Income (Common) |
174
N/A
|
184
+6%
|
187
+2%
|
210
+12%
|
217
+3%
|
348
+60%
|
654
+88%
|
841
+28%
|
864
+3%
|
691
-20%
|
410
-41%
|
304
-26%
|
320
+5%
|
330
+3%
|
370
+12%
|
445
+20%
|
503
+13%
|
896
+78%
|
962
+7%
|
1 023
+6%
|
1 482
+45%
|
1 115
-25%
|
1 001
-10%
|
869
-13%
|
349
-60%
|
270
-23%
|
151
-44%
|
151
+0%
|
260
+72%
|
138
-47%
|
524
+280%
|
798
+52%
|
2 634
+230%
|
3 340
+27%
|
3 844
+15%
|
4 241
+10%
|
2 775
-35%
|
2 691
-3%
|
2 457
-9%
|
2 043
-17%
|
1 685
-18%
|
|
EPS (Diluted) |
0.14
N/A
|
0.15
+7%
|
0.16
+7%
|
0.18
+13%
|
0.19
+6%
|
0.29
+53%
|
0.55
+90%
|
0.71
+29%
|
0.73
+3%
|
1.16
+59%
|
0.29
-75%
|
0.16
-45%
|
0.21
+31%
|
0.28
+33%
|
0.22
-21%
|
0.27
+23%
|
0.3
+11%
|
0.55
+83%
|
0.59
+7%
|
0.62
+5%
|
0.9
+45%
|
0.69
-23%
|
0.61
-12%
|
0.53
-13%
|
0.21
-60%
|
0.17
-19%
|
0.09
-47%
|
0.09
N/A
|
0.17
+89%
|
0.1
-41%
|
0.32
+220%
|
0.49
+53%
|
1.6
+227%
|
2.04
+28%
|
1.79
-12%
|
1.97
+10%
|
1.25
-37%
|
1.23
-2%
|
1.25
+2%
|
1.14
-9%
|
0.99
-13%
|