HuaDian Heavy Industries Co Ltd
SSE:601226
Income Statement
Earnings Waterfall
HuaDian Heavy Industries Co Ltd
Revenue
|
6.7B
CNY
|
Cost of Revenue
|
-5.7B
CNY
|
Gross Profit
|
976.6m
CNY
|
Operating Expenses
|
-689.8m
CNY
|
Operating Income
|
286.8m
CNY
|
Other Expenses
|
-44.9m
CNY
|
Net Income
|
241.9m
CNY
|
Income Statement
HuaDian Heavy Industries Co Ltd
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 |
5 159
N/A
|
5 623
+9%
|
6 216
+11%
|
6 349
+2%
|
6 297
-1%
|
5 625
-11%
|
5 141
-9%
|
4 994
-3%
|
4 414
-12%
|
4 268
-3%
|
4 083
-4%
|
3 763
-8%
|
4 166
+11%
|
4 481
+8%
|
4 821
+8%
|
4 884
+1%
|
5 077
+4%
|
5 734
+13%
|
5 835
+2%
|
6 094
+4%
|
6 294
+3%
|
6 300
+0%
|
7 176
+14%
|
6 810
-5%
|
7 526
+11%
|
8 148
+8%
|
8 906
+9%
|
9 342
+5%
|
8 867
-5%
|
8 282
-7%
|
10 329
+25%
|
10 364
+0%
|
10 491
+1%
|
10 729
+2%
|
8 206
-24%
|
7 779
-5%
|
7 166
-8%
|
6 666
-7%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 289)
|
(4 714)
|
(5 282)
|
(5 411)
|
(5 370)
|
(4 781)
|
(4 348)
|
(4 241)
|
(3 837)
|
(3 765)
|
(3 657)
|
(3 457)
|
(3 848)
|
(4 108)
|
(4 304)
|
(4 417)
|
(4 561)
|
(5 222)
|
(5 246)
|
(5 525)
|
(5 678)
|
(5 682)
|
(6 542)
|
(6 222)
|
(6 952)
|
(7 529)
|
(8 227)
|
(8 590)
|
(8 134)
|
(7 522)
|
(9 396)
|
(9 551)
|
(9 491)
|
(9 751)
|
(7 153)
|
(6 734)
|
(6 175)
|
(5 690)
|
|
Gross Profit |
870
N/A
|
909
+5%
|
934
+3%
|
938
+0%
|
927
-1%
|
844
-9%
|
793
-6%
|
753
-5%
|
577
-23%
|
502
-13%
|
426
-15%
|
306
-28%
|
318
+4%
|
373
+17%
|
517
+39%
|
468
-10%
|
516
+10%
|
512
-1%
|
590
+15%
|
569
-3%
|
616
+8%
|
618
+0%
|
633
+2%
|
588
-7%
|
574
-3%
|
619
+8%
|
679
+10%
|
752
+11%
|
733
-3%
|
761
+4%
|
933
+23%
|
812
-13%
|
1 000
+23%
|
978
-2%
|
1 053
+8%
|
1 045
-1%
|
991
-5%
|
977
-1%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(428)
|
(436)
|
(474)
|
(464)
|
(477)
|
(471)
|
(484)
|
(466)
|
(443)
|
(427)
|
(523)
|
(477)
|
(474)
|
(480)
|
(469)
|
(393)
|
(420)
|
(429)
|
(521)
|
(486)
|
(516)
|
(526)
|
(552)
|
(536)
|
(529)
|
(541)
|
(567)
|
(582)
|
(515)
|
(527)
|
(590)
|
(558)
|
(595)
|
(594)
|
(676)
|
(660)
|
(674)
|
(690)
|
|
Selling, General & Administrative |
(407)
|
(413)
|
(450)
|
(422)
|
(423)
|
(424)
|
(461)
|
(427)
|
(405)
|
(389)
|
(504)
|
(404)
|
(396)
|
(379)
|
(367)
|
(323)
|
(323)
|
(323)
|
(383)
|
(318)
|
(307)
|
(311)
|
(398)
|
(379)
|
(442)
|
(447)
|
(352)
|
(356)
|
(276)
|
(288)
|
(411)
|
(381)
|
(410)
|
(422)
|
(413)
|
(415)
|
(451)
|
(443)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
(93)
|
0
|
0
|
(52)
|
(116)
|
(103)
|
(132)
|
(138)
|
(141)
|
(130)
|
(135)
|
(146)
|
(139)
|
(150)
|
(166)
|
(162)
|
(186)
|
(213)
|
(218)
|
(216)
|
(232)
|
(247)
|
(247)
|
(274)
|
|
Depreciation & Amortization |
0
|
0
|
(18)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(21)
|
(22)
|
(7)
|
(42)
|
(54)
|
(47)
|
(5)
|
(39)
|
(38)
|
(38)
|
(3)
|
(74)
|
(78)
|
(76)
|
11
|
(69)
|
(97)
|
(55)
|
3
|
(65)
|
(77)
|
(78)
|
5
|
(27)
|
49
|
52
|
(57)
|
(76)
|
(72)
|
(77)
|
29
|
36
|
33
|
44
|
(5)
|
2
|
24
|
28
|
|
Operating Income |
442
N/A
|
474
+7%
|
460
-3%
|
474
+3%
|
450
-5%
|
373
-17%
|
310
-17%
|
287
-7%
|
134
-53%
|
75
-44%
|
(97)
N/A
|
(172)
-77%
|
(156)
+9%
|
(107)
+31%
|
48
N/A
|
75
+56%
|
96
+28%
|
83
-14%
|
69
-17%
|
83
+21%
|
100
+20%
|
92
-8%
|
81
-12%
|
52
-35%
|
45
-14%
|
78
+74%
|
112
+44%
|
170
+52%
|
219
+28%
|
234
+7%
|
342
+46%
|
254
-26%
|
405
+59%
|
384
-5%
|
378
-2%
|
385
+2%
|
317
-18%
|
287
-10%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(27)
|
(35)
|
(35)
|
(50)
|
(42)
|
(39)
|
(28)
|
(21)
|
(18)
|
(13)
|
(4)
|
(5)
|
(1)
|
1
|
8
|
4
|
4
|
6
|
7
|
1
|
(7)
|
(9)
|
11
|
3
|
7
|
9
|
17
|
10
|
8
|
9
|
4
|
(3)
|
(2)
|
(4)
|
0
|
(10)
|
(12)
|
(14)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
0
|
(2)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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 |
11
|
17
|
7
|
11
|
7
|
14
|
28
|
26
|
25
|
15
|
5
|
6
|
0
|
(10)
|
(6)
|
(9)
|
(6)
|
1
|
(3)
|
(5)
|
(6)
|
(6)
|
(6)
|
(12)
|
(10)
|
(9)
|
8
|
3
|
4
|
3
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
|
Pre-Tax Income |
425
N/A
|
456
+7%
|
432
-5%
|
435
+1%
|
416
-4%
|
348
-16%
|
310
-11%
|
292
-6%
|
142
-52%
|
78
-45%
|
(96)
N/A
|
(170)
-77%
|
(157)
+8%
|
(114)
+27%
|
51
N/A
|
71
+40%
|
95
+34%
|
90
-5%
|
72
-20%
|
80
+10%
|
86
+8%
|
76
-12%
|
85
+12%
|
43
-49%
|
42
-3%
|
78
+86%
|
126
+61%
|
183
+46%
|
231
+26%
|
246
+7%
|
346
+41%
|
251
-27%
|
403
+60%
|
380
-6%
|
378
-1%
|
376
0%
|
306
-19%
|
274
-10%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||
Tax Provision |
(70)
|
(74)
|
(69)
|
(69)
|
(62)
|
(54)
|
(47)
|
(45)
|
(26)
|
(14)
|
5
|
5
|
11
|
6
|
(12)
|
(11)
|
(8)
|
(6)
|
(14)
|
(13)
|
(10)
|
(8)
|
(2)
|
(1)
|
(10)
|
(20)
|
(28)
|
(31)
|
(36)
|
(30)
|
(42)
|
(43)
|
(70)
|
(77)
|
(68)
|
(67)
|
(40)
|
(33)
|
|
Income from Continuing Operations |
356
|
383
|
364
|
366
|
354
|
294
|
263
|
247
|
115
|
64
|
(91)
|
(165)
|
(145)
|
(108)
|
39
|
60
|
87
|
85
|
58
|
67
|
76
|
68
|
84
|
43
|
32
|
58
|
98
|
152
|
195
|
215
|
304
|
208
|
333
|
303
|
310
|
309
|
266
|
241
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(0)
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
3
|
0
|
0
|
1
|
1
|
|
Net Income (Common) |
356
N/A
|
382
+8%
|
364
-5%
|
366
+1%
|
353
-3%
|
293
-17%
|
261
-11%
|
245
-6%
|
113
-54%
|
61
-46%
|
(92)
N/A
|
(165)
-80%
|
(144)
+13%
|
(107)
+26%
|
38
N/A
|
59
+56%
|
86
+46%
|
84
-2%
|
57
-32%
|
65
+15%
|
75
+15%
|
67
-11%
|
82
+23%
|
43
-48%
|
31
-28%
|
56
+83%
|
97
+71%
|
150
+55%
|
193
+29%
|
214
+11%
|
303
+42%
|
208
-31%
|
334
+60%
|
306
-8%
|
310
+1%
|
309
0%
|
267
-14%
|
242
-9%
|
|
EPS (Diluted) |
0.57
N/A
|
0.41
-28%
|
0.59
+44%
|
0.47
-20%
|
0.3
-36%
|
0.25
-17%
|
0.23
-8%
|
0.21
-9%
|
0.1
-52%
|
0.05
-50%
|
-0.08
N/A
|
-0.14
-75%
|
-0.12
+14%
|
-0.09
+25%
|
0.03
N/A
|
0.05
+67%
|
0.07
+40%
|
0.07
N/A
|
0.05
-29%
|
0.06
+20%
|
0.07
+17%
|
0.07
N/A
|
0.07
N/A
|
0.04
-43%
|
0.03
-25%
|
0.05
+67%
|
0.08
+60%
|
0.14
+75%
|
0.17
+21%
|
0.19
+12%
|
0.26
+37%
|
0.18
-31%
|
0.29
+61%
|
0.27
-7%
|
0.27
N/A
|
0.27
N/A
|
0.23
-15%
|
0.21
-9%
|