Zhejiang Hangmin Co Ltd
SSE:600987
Income Statement
Earnings Waterfall
Zhejiang Hangmin Co Ltd
Revenue
|
9.7B
CNY
|
Cost of Revenue
|
-8.3B
CNY
|
Gross Profit
|
1.3B
CNY
|
Operating Expenses
|
-485.2m
CNY
|
Operating Income
|
838.9m
CNY
|
Other Expenses
|
-153.7m
CNY
|
Net Income
|
685.2m
CNY
|
Income Statement
Zhejiang Hangmin 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 |
2 931
N/A
|
3 037
+4%
|
3 109
+2%
|
3 175
+2%
|
3 184
+0%
|
3 134
-2%
|
3 069
-2%
|
3 067
0%
|
3 028
-1%
|
3 103
+2%
|
3 136
+1%
|
3 126
0%
|
3 191
+2%
|
3 234
+1%
|
3 222
0%
|
3 344
+4%
|
6 946
+108%
|
8 148
+17%
|
9 255
+14%
|
10 245
+11%
|
7 534
-26%
|
7 419
-2%
|
7 073
-5%
|
6 746
-5%
|
6 695
-1%
|
5 956
-11%
|
5 523
-7%
|
5 332
-3%
|
5 233
-2%
|
6 519
+25%
|
7 487
+15%
|
8 590
+15%
|
9 491
+10%
|
9 459
0%
|
9 315
-2%
|
9 986
+7%
|
9 570
-4%
|
9 620
+1%
|
9 874
+3%
|
9 371
-5%
|
9 666
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 139)
|
(2 223)
|
(2 265)
|
(2 303)
|
(2 316)
|
(2 265)
|
(2 163)
|
(2 127)
|
(2 107)
|
(2 185)
|
(2 210)
|
(2 215)
|
(2 172)
|
(2 253)
|
(2 243)
|
(2 342)
|
(5 746)
|
(6 921)
|
(7 956)
|
(8 864)
|
(6 131)
|
(6 061)
|
(5 623)
|
(5 266)
|
(5 326)
|
(4 683)
|
(4 364)
|
(4 278)
|
(4 177)
|
(5 485)
|
(6 460)
|
(7 491)
|
(8 217)
|
(8 190)
|
(8 074)
|
(8 727)
|
(8 325)
|
(8 360)
|
(8 523)
|
(8 095)
|
(8 342)
|
|
Gross Profit |
791
N/A
|
815
+3%
|
844
+4%
|
872
+3%
|
869
0%
|
870
+0%
|
905
+4%
|
940
+4%
|
921
-2%
|
918
0%
|
926
+1%
|
912
-2%
|
1 019
+12%
|
981
-4%
|
979
0%
|
1 001
+2%
|
1 200
+20%
|
1 227
+2%
|
1 299
+6%
|
1 380
+6%
|
1 403
+2%
|
1 358
-3%
|
1 449
+7%
|
1 480
+2%
|
1 368
-8%
|
1 273
-7%
|
1 159
-9%
|
1 054
-9%
|
1 056
+0%
|
1 034
-2%
|
1 028
-1%
|
1 099
+7%
|
1 274
+16%
|
1 269
0%
|
1 240
-2%
|
1 260
+2%
|
1 245
-1%
|
1 261
+1%
|
1 350
+7%
|
1 276
-5%
|
1 324
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(209)
|
(216)
|
(221)
|
(224)
|
(246)
|
(223)
|
(234)
|
(242)
|
(257)
|
(235)
|
(230)
|
(228)
|
(263)
|
(241)
|
(234)
|
(246)
|
(336)
|
(322)
|
(341)
|
(379)
|
(439)
|
(410)
|
(434)
|
(444)
|
(429)
|
(376)
|
(343)
|
(301)
|
(349)
|
(333)
|
(363)
|
(399)
|
(449)
|
(439)
|
(433)
|
(440)
|
(472)
|
(428)
|
(458)
|
(456)
|
(485)
|
|
Selling, General & Administrative |
(208)
|
(216)
|
(220)
|
(223)
|
(147)
|
(223)
|
(232)
|
(240)
|
(164)
|
(230)
|
(227)
|
(226)
|
(176)
|
(235)
|
(235)
|
(219)
|
(242)
|
(258)
|
(240)
|
(273)
|
(285)
|
(249)
|
(261)
|
(258)
|
(275)
|
(230)
|
(211)
|
(190)
|
(233)
|
(226)
|
(247)
|
(268)
|
(302)
|
(296)
|
(291)
|
(294)
|
(306)
|
(275)
|
(294)
|
(292)
|
(343)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(92)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
(30)
|
(102)
|
(86)
|
(123)
|
(127)
|
(152)
|
(177)
|
(191)
|
(207)
|
(156)
|
(162)
|
(151)
|
(140)
|
(130)
|
(142)
|
(152)
|
(161)
|
(160)
|
(183)
|
(187)
|
(193)
|
(174)
|
(187)
|
(192)
|
(190)
|
(165)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(32)
|
|
Other Operating Expenses |
(2)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(3)
|
(1)
|
(5)
|
(3)
|
(2)
|
5
|
(6)
|
1
|
4
|
26
|
22
|
23
|
22
|
19
|
16
|
18
|
22
|
24
|
17
|
19
|
30
|
31
|
34
|
36
|
30
|
41
|
40
|
46
|
47
|
38
|
35
|
28
|
26
|
55
|
|
Operating Income |
582
N/A
|
598
+3%
|
623
+4%
|
648
+4%
|
623
-4%
|
646
+4%
|
672
+4%
|
698
+4%
|
664
-5%
|
684
+3%
|
696
+2%
|
684
-2%
|
755
+11%
|
740
-2%
|
745
+1%
|
756
+1%
|
864
+14%
|
905
+5%
|
959
+6%
|
1 002
+4%
|
964
-4%
|
948
-2%
|
1 015
+7%
|
1 036
+2%
|
939
-9%
|
898
-4%
|
816
-9%
|
753
-8%
|
707
-6%
|
701
-1%
|
665
-5%
|
700
+5%
|
825
+18%
|
830
+1%
|
807
-3%
|
820
+2%
|
774
-6%
|
833
+8%
|
893
+7%
|
820
-8%
|
839
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
2
|
9
|
11
|
14
|
14
|
17
|
20
|
23
|
25
|
25
|
26
|
18
|
28
|
31
|
35
|
9
|
4
|
6
|
4
|
(20)
|
(4)
|
(75)
|
(79)
|
46
|
14
|
51
|
85
|
87
|
123
|
156
|
124
|
46
|
47
|
59
|
65
|
67
|
33
|
(29)
|
43
|
55
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
9
|
(10)
|
(9)
|
(9)
|
(19)
|
(7)
|
(2)
|
(3)
|
(2)
|
(0)
|
(0)
|
1
|
1
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
13
|
13
|
13
|
13
|
(0)
|
0
|
1
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
|
Total Other Income |
5
|
5
|
3
|
3
|
7
|
7
|
8
|
9
|
10
|
11
|
13
|
16
|
17
|
14
|
10
|
5
|
(3)
|
(6)
|
(7)
|
(2)
|
(2)
|
(3)
|
(3)
|
(7)
|
(2)
|
(6)
|
(5)
|
(6)
|
(3)
|
(1)
|
(0)
|
(0)
|
6
|
(1)
|
(1)
|
(1)
|
2
|
(0)
|
1
|
0
|
(4)
|
|
Pre-Tax Income |
587
N/A
|
605
+3%
|
636
+5%
|
662
+4%
|
644
-3%
|
667
+4%
|
697
+4%
|
727
+4%
|
697
-4%
|
719
+3%
|
734
+2%
|
726
-1%
|
784
+8%
|
783
0%
|
786
+0%
|
805
+2%
|
857
+6%
|
894
+4%
|
949
+6%
|
985
+4%
|
933
-5%
|
939
+1%
|
935
0%
|
948
+1%
|
982
+4%
|
905
-8%
|
862
-5%
|
833
-3%
|
791
-5%
|
823
+4%
|
820
0%
|
824
+1%
|
870
+6%
|
890
+2%
|
878
-1%
|
897
+2%
|
855
-5%
|
866
+1%
|
865
0%
|
865
+0%
|
890
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(112)
|
(115)
|
(118)
|
(125)
|
(126)
|
(131)
|
(135)
|
(136)
|
(134)
|
(140)
|
(144)
|
(146)
|
(150)
|
(147)
|
(146)
|
(147)
|
(141)
|
(146)
|
(147)
|
(154)
|
(133)
|
(134)
|
(136)
|
(132)
|
(138)
|
(124)
|
(119)
|
(116)
|
(117)
|
(122)
|
(114)
|
(117)
|
(112)
|
(117)
|
(115)
|
(117)
|
(110)
|
(112)
|
(115)
|
(113)
|
(115)
|
|
Income from Continuing Operations |
474
|
490
|
518
|
537
|
518
|
537
|
561
|
591
|
564
|
579
|
591
|
580
|
633
|
636
|
640
|
658
|
716
|
748
|
803
|
831
|
799
|
804
|
799
|
817
|
844
|
781
|
743
|
717
|
673
|
701
|
706
|
707
|
757
|
773
|
763
|
780
|
744
|
754
|
750
|
752
|
775
|
|
Income to Minority Interest |
(63)
|
(68)
|
(72)
|
(76)
|
(74)
|
(76)
|
(80)
|
(84)
|
(79)
|
(81)
|
(83)
|
(77)
|
(91)
|
(92)
|
(91)
|
(96)
|
(119)
|
(131)
|
(147)
|
(158)
|
(137)
|
(131)
|
(115)
|
(109)
|
(107)
|
(95)
|
(86)
|
(79)
|
(72)
|
(73)
|
(79)
|
(84)
|
(91)
|
(91)
|
(89)
|
(90)
|
(86)
|
(88)
|
(88)
|
(87)
|
(90)
|
|
Net Income (Common) |
411
N/A
|
422
+3%
|
446
+6%
|
461
+3%
|
445
-3%
|
460
+3%
|
481
+4%
|
507
+6%
|
484
-5%
|
498
+3%
|
508
+2%
|
503
-1%
|
543
+8%
|
545
+0%
|
550
+1%
|
562
+2%
|
597
+6%
|
618
+3%
|
655
+6%
|
673
+3%
|
662
-2%
|
674
+2%
|
684
+2%
|
708
+3%
|
737
+4%
|
686
-7%
|
657
-4%
|
638
-3%
|
601
-6%
|
628
+4%
|
626
0%
|
623
-1%
|
667
+7%
|
682
+2%
|
674
-1%
|
690
+2%
|
658
-5%
|
665
+1%
|
662
0%
|
665
+0%
|
685
+3%
|
|
EPS (Diluted) |
0.45
N/A
|
0.46
+2%
|
0.48
+4%
|
0.5
+4%
|
0.48
-4%
|
0.49
+2%
|
0.52
+6%
|
0.55
+6%
|
0.53
-4%
|
0.55
+4%
|
0.56
+2%
|
0.55
-2%
|
0.59
+7%
|
0.59
N/A
|
0.59
N/A
|
0.6
+2%
|
0.65
+8%
|
0.66
+2%
|
0.7
+6%
|
0.66
-6%
|
0.66
N/A
|
0.62
-6%
|
0.63
+2%
|
0.67
+6%
|
0.68
+1%
|
0.63
-7%
|
0.61
-3%
|
0.59
-3%
|
0.56
-5%
|
0.58
+4%
|
0.58
N/A
|
0.58
N/A
|
0.62
+7%
|
0.63
+2%
|
0.63
N/A
|
0.65
+3%
|
0.63
-3%
|
0.63
N/A
|
0.63
N/A
|
0.63
N/A
|
0.65
+3%
|