Triangle Tyre Co Ltd
SSE:601163
Income Statement
Earnings Waterfall
Triangle Tyre Co Ltd
Revenue
|
10.3B
CNY
|
Cost of Revenue
|
-8.2B
CNY
|
Gross Profit
|
2.1B
CNY
|
Operating Expenses
|
-793.4m
CNY
|
Operating Income
|
1.3B
CNY
|
Other Expenses
|
59.3m
CNY
|
Net Income
|
1.3B
CNY
|
Income Statement
Triangle Tyre Co Ltd
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 |
6 691
N/A
|
6 659
0%
|
6 710
+1%
|
7 285
+9%
|
7 468
+3%
|
7 793
+4%
|
7 921
+2%
|
7 567
-4%
|
7 518
-1%
|
7 423
-1%
|
7 511
+1%
|
7 588
+1%
|
7 714
+2%
|
7 877
+2%
|
7 941
+1%
|
7 869
-1%
|
7 919
+1%
|
8 249
+4%
|
8 535
+3%
|
8 996
+5%
|
9 213
+2%
|
8 976
-3%
|
8 954
0%
|
8 534
-5%
|
8 692
+2%
|
9 108
+5%
|
9 220
+1%
|
9 827
+7%
|
10 138
+3%
|
10 285
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(4 996)
|
(4 895)
|
(4 990)
|
(5 679)
|
(6 007)
|
(6 388)
|
(6 396)
|
(6 161)
|
(6 062)
|
(5 957)
|
(5 914)
|
(6 022)
|
(6 109)
|
(6 183)
|
(6 112)
|
(6 114)
|
(6 006)
|
(6 097)
|
(6 339)
|
(6 838)
|
(7 247)
|
(7 366)
|
(7 409)
|
(7 173)
|
(7 490)
|
(7 857)
|
(7 882)
|
(8 362)
|
(8 320)
|
(8 226)
|
|
Gross Profit |
1 695
N/A
|
1 764
+4%
|
1 720
-2%
|
1 606
-7%
|
1 461
-9%
|
1 405
-4%
|
1 525
+9%
|
1 405
-8%
|
1 456
+4%
|
1 466
+1%
|
1 597
+9%
|
1 567
-2%
|
1 605
+2%
|
1 695
+6%
|
1 829
+8%
|
1 755
-4%
|
1 913
+9%
|
2 152
+13%
|
2 197
+2%
|
2 158
-2%
|
1 967
-9%
|
1 610
-18%
|
1 545
-4%
|
1 361
-12%
|
1 203
-12%
|
1 250
+4%
|
1 338
+7%
|
1 465
+9%
|
1 818
+24%
|
2 059
+13%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(776)
|
(819)
|
(835)
|
(766)
|
(738)
|
(758)
|
(947)
|
(857)
|
(932)
|
(983)
|
(1 106)
|
(1 009)
|
(949)
|
(886)
|
(966)
|
(894)
|
(956)
|
(1 052)
|
(1 111)
|
(1 032)
|
(1 024)
|
(979)
|
(1 079)
|
(1 035)
|
(904)
|
(845)
|
(775)
|
(703)
|
(791)
|
(793)
|
|
Selling, General & Administrative |
(681)
|
(695)
|
(681)
|
(691)
|
(723)
|
(707)
|
(813)
|
(790)
|
(855)
|
(892)
|
(931)
|
(891)
|
(804)
|
(766)
|
(788)
|
(691)
|
(694)
|
(714)
|
(664)
|
(605)
|
(592)
|
(554)
|
(660)
|
(584)
|
(589)
|
(597)
|
(630)
|
(617)
|
(624)
|
(626)
|
|
Research & Development |
(92)
|
0
|
(144)
|
0
|
0
|
(45)
|
(106)
|
0
|
0
|
(82)
|
(142)
|
(133)
|
(181)
|
(178)
|
(163)
|
(246)
|
(312)
|
(384)
|
(440)
|
(455)
|
(448)
|
(435)
|
(427)
|
(402)
|
0
|
(230)
|
(143)
|
(106)
|
(146)
|
(150)
|
|
Depreciation & Amortization |
(15)
|
0
|
0
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
11
|
(124)
|
(9)
|
(75)
|
(17)
|
(6)
|
0
|
(67)
|
(77)
|
(9)
|
(8)
|
15
|
35
|
58
|
1
|
43
|
50
|
46
|
2
|
28
|
16
|
9
|
8
|
(49)
|
(316)
|
(17)
|
(2)
|
20
|
(21)
|
(18)
|
|
Operating Income |
919
N/A
|
945
+3%
|
885
-6%
|
840
-5%
|
723
-14%
|
648
-10%
|
578
-11%
|
549
-5%
|
524
-5%
|
483
-8%
|
491
+2%
|
558
+14%
|
656
+18%
|
809
+23%
|
863
+7%
|
861
0%
|
957
+11%
|
1 100
+15%
|
1 085
-1%
|
1 126
+4%
|
943
-16%
|
630
-33%
|
466
-26%
|
326
-30%
|
299
-8%
|
406
+36%
|
563
+39%
|
762
+35%
|
1 027
+35%
|
1 266
+23%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(37)
|
(83)
|
6
|
34
|
24
|
19
|
(39)
|
(66)
|
(63)
|
10
|
59
|
64
|
112
|
89
|
119
|
132
|
128
|
125
|
146
|
142
|
157
|
188
|
208
|
196
|
239
|
258
|
282
|
276
|
264
|
259
|
|
Non-Reccuring Items |
3
|
0
|
2
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
8
|
0
|
(10)
|
(10)
|
(12)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
42
|
45
|
71
|
84
|
81
|
63
|
20
|
9
|
17
|
22
|
8
|
1
|
(10)
|
(7)
|
0
|
(12)
|
(12)
|
(13)
|
(8)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
Pre-Tax Income |
928
N/A
|
908
-2%
|
963
+6%
|
959
0%
|
828
-14%
|
731
-12%
|
559
-24%
|
491
-12%
|
477
-3%
|
515
+8%
|
557
+8%
|
623
+12%
|
759
+22%
|
891
+17%
|
979
+10%
|
982
+0%
|
1 073
+9%
|
1 213
+13%
|
1 223
+1%
|
1 266
+3%
|
1 097
-13%
|
815
-26%
|
680
-17%
|
521
-23%
|
527
+1%
|
652
+24%
|
832
+28%
|
1 038
+25%
|
1 290
+24%
|
1 523
+18%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(116)
|
(104)
|
(138)
|
(137)
|
(117)
|
(104)
|
(75)
|
(65)
|
(64)
|
(70)
|
(74)
|
(87)
|
(100)
|
(120)
|
(132)
|
(126)
|
(146)
|
(166)
|
(163)
|
(172)
|
(146)
|
(87)
|
(80)
|
(55)
|
(57)
|
(67)
|
(95)
|
(127)
|
(162)
|
(198)
|
|
Income from Continuing Operations |
812
|
803
|
825
|
821
|
710
|
627
|
484
|
426
|
413
|
445
|
483
|
536
|
659
|
771
|
847
|
855
|
927
|
1 047
|
1 060
|
1 094
|
951
|
728
|
601
|
466
|
470
|
585
|
737
|
911
|
1 128
|
1 325
|
|
Income to Minority Interest |
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
813
N/A
|
804
-1%
|
825
+3%
|
821
0%
|
709
-14%
|
626
-12%
|
483
-23%
|
425
-12%
|
413
-3%
|
444
+8%
|
483
+9%
|
536
+11%
|
658
+23%
|
771
+17%
|
847
+10%
|
855
+1%
|
927
+8%
|
1 047
+13%
|
1 060
+1%
|
1 093
+3%
|
951
-13%
|
728
-23%
|
600
-18%
|
465
-22%
|
470
+1%
|
585
+24%
|
738
+26%
|
911
+23%
|
1 128
+24%
|
1 325
+17%
|
|
EPS (Diluted) |
1.35
N/A
|
1.3
-4%
|
1.27
-2%
|
1.02
-20%
|
0.88
-14%
|
0.8
-9%
|
0.6
-25%
|
0.52
-13%
|
0.51
-2%
|
0.55
+8%
|
0.6
+9%
|
0.67
+12%
|
0.82
+22%
|
0.96
+17%
|
1.06
+10%
|
1.07
+1%
|
1.16
+8%
|
1.31
+13%
|
1.32
+1%
|
1.36
+3%
|
1.18
-13%
|
0.91
-23%
|
0.75
-18%
|
0.58
-23%
|
0.59
+2%
|
0.73
+24%
|
0.92
+26%
|
1.14
+24%
|
1.41
+24%
|
1.66
+18%
|