Yueyang Forest & Paper Co Ltd
SSE:600963
Income Statement
Earnings Waterfall
Yueyang Forest & Paper Co Ltd
Revenue
|
8.1B
CNY
|
Cost of Revenue
|
-7.6B
CNY
|
Gross Profit
|
524.3m
CNY
|
Operating Expenses
|
-479.4m
CNY
|
Operating Income
|
44.9m
CNY
|
Other Expenses
|
-289.5m
CNY
|
Net Income
|
-244.6m
CNY
|
Income Statement
Yueyang Forest & Paper Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6 596
N/A
|
6 542
-1%
|
6 592
+1%
|
6 801
+3%
|
6 809
+0%
|
6 706
-2%
|
6 484
-3%
|
5 929
-9%
|
5 600
-6%
|
5 409
-3%
|
5 013
-7%
|
4 799
-4%
|
4 993
+4%
|
4 912
-2%
|
5 402
+10%
|
6 144
+14%
|
6 561
+7%
|
7 036
+7%
|
7 091
+1%
|
7 013
-1%
|
6 807
-3%
|
6 743
-1%
|
6 918
+3%
|
7 106
+3%
|
6 963
-2%
|
7 023
+1%
|
7 086
+1%
|
7 116
+0%
|
7 819
+10%
|
7 980
+2%
|
8 004
+0%
|
7 838
-2%
|
7 544
-4%
|
7 794
+3%
|
8 486
+9%
|
9 781
+15%
|
10 635
+9%
|
10 612
0%
|
9 978
-6%
|
8 641
-13%
|
8 078
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 584)
|
(5 521)
|
(5 622)
|
(5 840)
|
(5 887)
|
(5 846)
|
(5 679)
|
(5 155)
|
(4 796)
|
(4 597)
|
(4 173)
|
(4 049)
|
(4 169)
|
(3 967)
|
(4 321)
|
(4 696)
|
(5 038)
|
(5 385)
|
(5 452)
|
(5 556)
|
(5 620)
|
(5 696)
|
(5 837)
|
(5 761)
|
(5 544)
|
(5 597)
|
(5 669)
|
(5 768)
|
(6 377)
|
(6 477)
|
(6 602)
|
(6 672)
|
(6 515)
|
(6 766)
|
(7 306)
|
(8 271)
|
(9 204)
|
(9 367)
|
(9 027)
|
(7 909)
|
(7 554)
|
|
Gross Profit |
1 012
N/A
|
1 022
+1%
|
970
-5%
|
962
-1%
|
922
-4%
|
861
-7%
|
805
-6%
|
775
-4%
|
804
+4%
|
812
+1%
|
841
+3%
|
750
-11%
|
824
+10%
|
945
+15%
|
1 081
+14%
|
1 448
+34%
|
1 523
+5%
|
1 651
+8%
|
1 640
-1%
|
1 457
-11%
|
1 187
-19%
|
1 047
-12%
|
1 082
+3%
|
1 345
+24%
|
1 420
+6%
|
1 426
+0%
|
1 417
-1%
|
1 348
-5%
|
1 442
+7%
|
1 503
+4%
|
1 403
-7%
|
1 166
-17%
|
1 029
-12%
|
1 028
0%
|
1 180
+15%
|
1 511
+28%
|
1 431
-5%
|
1 244
-13%
|
951
-24%
|
732
-23%
|
524
-28%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(643)
|
(635)
|
(646)
|
(711)
|
(713)
|
(708)
|
(690)
|
(940)
|
(902)
|
(865)
|
(837)
|
(601)
|
(681)
|
(701)
|
(715)
|
(731)
|
(810)
|
(892)
|
(922)
|
(778)
|
(801)
|
(756)
|
(794)
|
(781)
|
(757)
|
(775)
|
(754)
|
(742)
|
(778)
|
(672)
|
(665)
|
(649)
|
(569)
|
(569)
|
(542)
|
(639)
|
(582)
|
(585)
|
(542)
|
(513)
|
(479)
|
|
Selling, General & Administrative |
(622)
|
(615)
|
(626)
|
(460)
|
(703)
|
(692)
|
(685)
|
(698)
|
(855)
|
(821)
|
(786)
|
(423)
|
(605)
|
(651)
|
(681)
|
(572)
|
(714)
|
(782)
|
(817)
|
(576)
|
(536)
|
(453)
|
(394)
|
(599)
|
(580)
|
(575)
|
(562)
|
(552)
|
(556)
|
(486)
|
(475)
|
(476)
|
(372)
|
(397)
|
(378)
|
(460)
|
(423)
|
(426)
|
(415)
|
(386)
|
(334)
|
|
Research & Development |
0
|
0
|
0
|
(209)
|
0
|
0
|
0
|
(199)
|
0
|
0
|
0
|
(145)
|
0
|
0
|
0
|
(176)
|
0
|
0
|
0
|
(172)
|
(223)
|
(265)
|
(345)
|
(211)
|
(229)
|
(257)
|
(241)
|
(226)
|
(264)
|
(256)
|
(257)
|
(235)
|
(238)
|
(223)
|
(244)
|
(291)
|
(339)
|
(358)
|
(295)
|
(252)
|
(242)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(31)
|
0
|
|
Other Operating Expenses |
(21)
|
(20)
|
(20)
|
(10)
|
(10)
|
(16)
|
(6)
|
(15)
|
(48)
|
(44)
|
(51)
|
34
|
(76)
|
(50)
|
(34)
|
88
|
(97)
|
(110)
|
(105)
|
39
|
(41)
|
(39)
|
(55)
|
88
|
52
|
56
|
49
|
68
|
42
|
70
|
67
|
92
|
41
|
50
|
79
|
138
|
179
|
199
|
167
|
157
|
96
|
|
Operating Income |
369
N/A
|
387
+5%
|
324
-16%
|
251
-23%
|
209
-17%
|
152
-27%
|
115
-25%
|
(166)
N/A
|
(98)
+41%
|
(52)
+47%
|
4
N/A
|
149
+3 615%
|
143
-4%
|
245
+71%
|
367
+50%
|
717
+95%
|
713
-1%
|
759
+6%
|
717
-6%
|
679
-5%
|
386
-43%
|
291
-25%
|
288
-1%
|
564
+96%
|
663
+18%
|
651
-2%
|
662
+2%
|
606
-9%
|
664
+10%
|
831
+25%
|
738
-11%
|
518
-30%
|
459
-11%
|
459
0%
|
638
+39%
|
872
+37%
|
848
-3%
|
659
-22%
|
409
-38%
|
219
-46%
|
45
-80%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(501)
|
(535)
|
(526)
|
(508)
|
(509)
|
(477)
|
(478)
|
(423)
|
(376)
|
(328)
|
(266)
|
(230)
|
(205)
|
(223)
|
(196)
|
(152)
|
(80)
|
(45)
|
(93)
|
(140)
|
(165)
|
(158)
|
(105)
|
(99)
|
(112)
|
(96)
|
(81)
|
(51)
|
(61)
|
(119)
|
(129)
|
(169)
|
(171)
|
(142)
|
(165)
|
(148)
|
(162)
|
(161)
|
(154)
|
(139)
|
(12)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(100)
|
0
|
(1)
|
3
|
(86)
|
6
|
7
|
3
|
(48)
|
0
|
(24)
|
0
|
(47)
|
0
|
0
|
1
|
(9)
|
10
|
10
|
10
|
11
|
1
|
1
|
2
|
(44)
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
310
|
0
|
0
|
0
|
150
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(4)
|
0
|
(4)
|
0
|
(2)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
|
Total Other Income |
218
|
216
|
189
|
55
|
365
|
358
|
384
|
59
|
215
|
210
|
190
|
123
|
119
|
112
|
104
|
10
|
6
|
14
|
6
|
13
|
11
|
11
|
12
|
2
|
(27)
|
(16)
|
(17)
|
13
|
6
|
(4)
|
2
|
9
|
(2)
|
0
|
(9)
|
(2)
|
(3)
|
(5)
|
(3)
|
(305)
|
(305)
|
|
Pre-Tax Income |
85
N/A
|
68
-20%
|
(13)
N/A
|
108
N/A
|
65
-40%
|
34
-48%
|
21
-37%
|
(379)
N/A
|
(259)
+32%
|
(170)
+34%
|
(72)
+58%
|
42
N/A
|
56
+33%
|
132
+135%
|
273
+108%
|
471
+73%
|
638
+36%
|
723
+13%
|
633
-12%
|
464
-27%
|
238
-49%
|
151
-37%
|
198
+31%
|
384
+94%
|
524
+36%
|
515
-2%
|
564
+9%
|
511
-9%
|
609
+19%
|
708
+16%
|
612
-14%
|
348
-43%
|
296
-15%
|
328
+11%
|
474
+44%
|
731
+54%
|
685
-6%
|
494
-28%
|
254
-49%
|
(268)
N/A
|
(270)
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(14)
|
(10)
|
(45)
|
(46)
|
(46)
|
(48)
|
(11)
|
(13)
|
(16)
|
(18)
|
(14)
|
(18)
|
(36)
|
(63)
|
(123)
|
(152)
|
(161)
|
(144)
|
(98)
|
(58)
|
(52)
|
(58)
|
(71)
|
(91)
|
(91)
|
(98)
|
(97)
|
(114)
|
(122)
|
(105)
|
(46)
|
(37)
|
(36)
|
(54)
|
(110)
|
(100)
|
(71)
|
8
|
34
|
29
|
|
Income from Continuing Operations |
70
|
54
|
(23)
|
63
|
19
|
(12)
|
(26)
|
(390)
|
(273)
|
(187)
|
(89)
|
28
|
38
|
96
|
210
|
348
|
486
|
562
|
489
|
366
|
180
|
99
|
140
|
313
|
433
|
425
|
466
|
414
|
495
|
586
|
507
|
302
|
260
|
292
|
419
|
621
|
584
|
424
|
263
|
(234)
|
(241)
|
|
Income to Minority Interest |
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)
|
(2)
|
(3)
|
(4)
|
(5)
|
(4)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
|
Net Income (Common) |
70
N/A
|
54
-24%
|
(23)
N/A
|
63
N/A
|
19
-69%
|
(12)
N/A
|
(26)
-113%
|
(390)
-1 377%
|
(273)
+30%
|
(187)
+32%
|
(89)
+52%
|
28
N/A
|
38
+36%
|
96
+151%
|
210
+118%
|
348
+66%
|
486
+40%
|
562
+16%
|
489
-13%
|
366
-25%
|
180
-51%
|
99
-45%
|
140
+41%
|
313
+124%
|
433
+38%
|
425
-2%
|
466
+10%
|
414
-11%
|
494
+19%
|
584
+18%
|
504
-14%
|
298
-41%
|
255
-14%
|
288
+13%
|
415
+44%
|
616
+48%
|
579
-6%
|
419
-28%
|
258
-38%
|
(238)
N/A
|
(245)
-3%
|
|
EPS (Diluted) |
0.05
N/A
|
0.04
-20%
|
-0.02
N/A
|
0.05
N/A
|
0.01
-80%
|
-0.02
N/A
|
-0.03
-50%
|
-0.29
-867%
|
-0.21
+28%
|
-0.14
+33%
|
-0.07
+50%
|
0.02
N/A
|
0.03
+50%
|
0.05
+67%
|
0.12
+140%
|
0.19
+58%
|
0.26
+37%
|
0.29
+12%
|
0.25
-14%
|
0.2
-20%
|
0.1
-50%
|
0.05
-50%
|
0.07
+40%
|
0.18
+157%
|
0.25
+39%
|
0.25
N/A
|
0.27
+8%
|
0.23
-15%
|
0.27
+17%
|
0.32
+19%
|
0.28
-13%
|
0.17
-39%
|
0.14
-18%
|
0.16
+14%
|
0.23
+44%
|
0.35
+52%
|
0.33
-6%
|
0.24
-27%
|
0.15
-38%
|
-0.13
N/A
|
-0.15
-15%
|