Shanghai Pharmaceuticals Holding Co Ltd
SSE:601607
Income Statement
Earnings Waterfall
Shanghai Pharmaceuticals Holding Co Ltd
Revenue
|
260.3B
CNY
|
Cost of Revenue
|
-229.3B
CNY
|
Gross Profit
|
31B
CNY
|
Operating Expenses
|
-22.2B
CNY
|
Operating Income
|
8.9B
CNY
|
Other Expenses
|
-5.1B
CNY
|
Net Income
|
3.8B
CNY
|
Income Statement
Shanghai Pharmaceuticals Holding 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 |
78 223
N/A
|
79 907
+2%
|
83 518
+5%
|
88 881
+6%
|
92 399
+4%
|
96 250
+4%
|
99 336
+3%
|
102 723
+3%
|
105 517
+3%
|
109 667
+4%
|
114 262
+4%
|
116 994
+2%
|
120 765
+3%
|
124 619
+3%
|
126 848
+2%
|
129 279
+2%
|
130 847
+1%
|
134 104
+2%
|
140 948
+5%
|
149 418
+6%
|
159 084
+6%
|
168 706
+6%
|
175 782
+4%
|
182 101
+4%
|
186 566
+2%
|
181 008
-3%
|
181 156
+0%
|
186 271
+3%
|
191 909
+3%
|
203 061
+6%
|
209 981
+3%
|
212 560
+1%
|
215 824
+2%
|
221 122
+2%
|
222 294
+1%
|
229 463
+3%
|
231 981
+1%
|
241 310
+4%
|
252 866
+5%
|
254 878
+1%
|
260 295
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(68 186)
|
(69 745)
|
(73 047)
|
(77 990)
|
(81 086)
|
(84 653)
|
(87 474)
|
(90 508)
|
(92 943)
|
(96 764)
|
(100 814)
|
(103 191)
|
(106 604)
|
(110 182)
|
(111 950)
|
(113 859)
|
(114 192)
|
(116 427)
|
(121 979)
|
(128 927)
|
(136 873)
|
(145 531)
|
(151 419)
|
(157 021)
|
(160 044)
|
(155 067)
|
(155 045)
|
(159 512)
|
(164 871)
|
(175 448)
|
(181 886)
|
(184 239)
|
(187 333)
|
(193 008)
|
(193 865)
|
(200 678)
|
(201 504)
|
(210 244)
|
(221 069)
|
(223 832)
|
(229 277)
|
|
Gross Profit |
10 036
N/A
|
10 161
+1%
|
10 471
+3%
|
10 891
+4%
|
11 313
+4%
|
11 597
+3%
|
11 862
+2%
|
12 215
+3%
|
12 573
+3%
|
12 904
+3%
|
13 449
+4%
|
13 803
+3%
|
14 160
+3%
|
14 435
+2%
|
14 896
+3%
|
15 419
+4%
|
16 656
+8%
|
17 677
+6%
|
18 969
+7%
|
20 491
+8%
|
22 211
+8%
|
23 175
+4%
|
24 363
+5%
|
25 079
+3%
|
26 522
+6%
|
25 941
-2%
|
26 111
+1%
|
26 760
+2%
|
27 039
+1%
|
27 613
+2%
|
28 095
+2%
|
28 321
+1%
|
28 492
+1%
|
28 115
-1%
|
28 429
+1%
|
28 785
+1%
|
30 478
+6%
|
31 065
+2%
|
31 797
+2%
|
31 046
-2%
|
31 018
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(7 227)
|
(7 258)
|
(7 393)
|
(7 687)
|
(8 101)
|
(8 343)
|
(8 471)
|
(8 712)
|
(8 957)
|
(9 176)
|
(9 589)
|
(9 875)
|
(10 420)
|
(10 365)
|
(10 620)
|
(10 831)
|
(11 593)
|
(12 167)
|
(13 051)
|
(13 991)
|
(16 500)
|
(17 245)
|
(18 323)
|
(19 418)
|
(19 157)
|
(19 394)
|
(19 451)
|
(19 715)
|
(19 299)
|
(18 885)
|
(19 134)
|
(19 361)
|
(20 691)
|
(20 038)
|
(20 123)
|
(20 408)
|
(22 163)
|
(22 516)
|
(23 087)
|
(22 131)
|
(22 157)
|
|
Selling, General & Administrative |
(7 136)
|
(7 165)
|
(7 321)
|
(7 560)
|
(7 939)
|
(8 060)
|
(8 191)
|
(8 418)
|
(8 627)
|
(8 836)
|
(9 217)
|
(9 483)
|
(9 907)
|
(9 989)
|
(9 985)
|
(10 142)
|
(11 372)
|
(12 131)
|
(13 030)
|
(14 324)
|
(15 038)
|
(15 947)
|
(17 152)
|
(17 749)
|
(16 982)
|
(17 383)
|
(17 238)
|
(17 358)
|
(16 696)
|
(17 997)
|
(18 322)
|
(18 535)
|
(17 752)
|
(18 424)
|
(18 531)
|
(18 727)
|
(18 915)
|
(20 365)
|
(21 081)
|
(20 197)
|
(19 280)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(373)
|
(503)
|
0
|
0
|
(609)
|
(756)
|
(1 005)
|
(1 332)
|
(1 146)
|
(1 165)
|
(1 267)
|
(1 420)
|
(1 462)
|
(1 529)
|
(1 540)
|
(1 730)
|
(1 860)
|
(1 984)
|
(1 828)
|
(2 020)
|
(1 917)
|
(2 010)
|
(1 940)
|
(2 205)
|
(2 329)
|
(2 191)
|
(1 999)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(244)
|
0
|
0
|
0
|
(285)
|
0
|
0
|
0
|
(433)
|
0
|
0
|
0
|
(491)
|
0
|
0
|
0
|
(745)
|
0
|
0
|
0
|
(1 364)
|
0
|
0
|
0
|
(1 571)
|
0
|
0
|
0
|
(1 535)
|
0
|
0
|
0
|
(1 557)
|
0
|
0
|
0
|
(1 557)
|
|
Other Operating Expenses |
(92)
|
(92)
|
(71)
|
(126)
|
81
|
(282)
|
(279)
|
(292)
|
(45)
|
(340)
|
(373)
|
(393)
|
(79)
|
(377)
|
(261)
|
(186)
|
270
|
(36)
|
587
|
1 090
|
288
|
33
|
(26)
|
(506)
|
455
|
(591)
|
(751)
|
(828)
|
508
|
840
|
1 048
|
1 158
|
423
|
406
|
325
|
328
|
249
|
55
|
323
|
257
|
679
|
|
Operating Income |
2 810
N/A
|
2 904
+3%
|
3 078
+6%
|
3 204
+4%
|
3 212
+0%
|
3 254
+1%
|
3 391
+4%
|
3 503
+3%
|
3 617
+3%
|
3 727
+3%
|
3 859
+4%
|
3 927
+2%
|
3 741
-5%
|
4 071
+9%
|
4 278
+5%
|
4 589
+7%
|
5 062
+10%
|
5 509
+9%
|
5 915
+7%
|
6 498
+10%
|
5 711
-12%
|
5 929
+4%
|
6 040
+2%
|
5 661
-6%
|
7 365
+30%
|
6 546
-11%
|
6 659
+2%
|
7 044
+6%
|
7 740
+10%
|
8 728
+13%
|
8 961
+3%
|
8 960
0%
|
7 801
-13%
|
8 076
+4%
|
8 306
+3%
|
8 377
+1%
|
8 315
-1%
|
8 550
+3%
|
8 710
+2%
|
8 915
+2%
|
8 861
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
230
|
101
|
168
|
111
|
29
|
162
|
38
|
70
|
122
|
86
|
119
|
161
|
471
|
387
|
308
|
133
|
(85)
|
(251)
|
(414)
|
(470)
|
(463)
|
(599)
|
(421)
|
(283)
|
(416)
|
(464)
|
(378)
|
(344)
|
(118)
|
(196)
|
(238)
|
(512)
|
(678)
|
(933)
|
(1 011)
|
(830)
|
(556)
|
(493)
|
(1 022)
|
(1 082)
|
(1 030)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
174
|
175
|
191
|
227
|
251
|
127
|
113
|
77
|
(40)
|
10
|
7
|
13
|
(735)
|
64
|
64
|
57
|
(472)
|
52
|
59
|
60
|
1 074
|
66
|
1 480
|
1 479
|
1 218
|
1 453
|
85
|
116
|
(176)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(9)
|
223
|
0
|
(17)
|
(9)
|
281
|
202
|
217
|
284
|
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
|
0
|
|
Total Other Income |
187
|
182
|
188
|
295
|
307
|
552
|
595
|
521
|
204
|
491
|
433
|
367
|
253
|
59
|
35
|
(25)
|
(23)
|
(71)
|
(59)
|
(78)
|
135
|
200
|
56
|
202
|
49
|
(36)
|
79
|
(24)
|
26
|
22
|
7
|
(12)
|
(54)
|
(76)
|
(90)
|
(110)
|
(169)
|
(196)
|
(189)
|
(190)
|
(600)
|
|
Pre-Tax Income |
3 227
N/A
|
3 187
-1%
|
3 434
+8%
|
3 601
+5%
|
3 800
+6%
|
3 968
+4%
|
4 006
+1%
|
4 085
+2%
|
4 172
+2%
|
4 506
+8%
|
4 628
+3%
|
4 739
+2%
|
4 639
-2%
|
4 692
+1%
|
4 812
+3%
|
4 924
+2%
|
5 205
+6%
|
5 314
+2%
|
5 555
+5%
|
6 027
+8%
|
5 343
-11%
|
5 540
+4%
|
5 680
+3%
|
5 592
-2%
|
6 262
+12%
|
6 111
-2%
|
6 425
+5%
|
6 733
+5%
|
7 175
+7%
|
8 605
+20%
|
8 788
+2%
|
8 496
-3%
|
8 144
-4%
|
7 133
-12%
|
8 684
+22%
|
8 915
+3%
|
8 808
-1%
|
9 314
+6%
|
7 584
-19%
|
7 759
+2%
|
7 054
-9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(628)
|
(647)
|
(719)
|
(742)
|
(808)
|
(815)
|
(775)
|
(800)
|
(807)
|
(880)
|
(919)
|
(931)
|
(809)
|
(825)
|
(875)
|
(921)
|
(1 147)
|
(1 204)
|
(1 250)
|
(1 138)
|
(887)
|
(901)
|
(928)
|
(1 048)
|
(1 432)
|
(1 427)
|
(1 463)
|
(1 589)
|
(1 570)
|
(1 851)
|
(1 901)
|
(1 886)
|
(1 869)
|
(1 704)
|
(2 010)
|
(2 020)
|
(1 816)
|
(1 901)
|
(1 739)
|
(1 798)
|
(1 888)
|
|
Income from Continuing Operations |
2 598
|
2 540
|
2 716
|
2 860
|
2 992
|
3 154
|
3 232
|
3 286
|
3 364
|
3 626
|
3 709
|
3 808
|
3 830
|
3 868
|
3 937
|
4 003
|
4 058
|
4 109
|
4 305
|
4 889
|
4 456
|
4 639
|
4 752
|
4 544
|
4 831
|
4 683
|
4 961
|
5 144
|
5 605
|
6 755
|
6 889
|
6 611
|
6 275
|
5 429
|
6 674
|
6 895
|
6 992
|
7 413
|
5 845
|
5 962
|
5 167
|
|
Income to Minority Interest |
(383)
|
(364)
|
(372)
|
(382)
|
(401)
|
(416)
|
(425)
|
(429)
|
(487)
|
(594)
|
(635)
|
(653)
|
(633)
|
(560)
|
(547)
|
(575)
|
(537)
|
(569)
|
(677)
|
(686)
|
(575)
|
(652)
|
(618)
|
(635)
|
(750)
|
(690)
|
(724)
|
(860)
|
(1 109)
|
(1 177)
|
(1 267)
|
(1 233)
|
(1 181)
|
(1 205)
|
(1 453)
|
(1 472)
|
(1 375)
|
(1 529)
|
(1 313)
|
(1 362)
|
(1 399)
|
|
Net Income (Common) |
2 214
N/A
|
2 174
-2%
|
2 342
+8%
|
2 478
+6%
|
2 591
+5%
|
2 739
+6%
|
2 808
+3%
|
2 858
+2%
|
2 877
+1%
|
3 033
+5%
|
3 075
+1%
|
3 155
+3%
|
3 196
+1%
|
3 306
+3%
|
3 389
+3%
|
3 427
+1%
|
3 521
+3%
|
3 541
+1%
|
3 628
+2%
|
4 204
+16%
|
3 881
-8%
|
3 987
+3%
|
4 134
+4%
|
3 908
-5%
|
4 081
+4%
|
3 993
-2%
|
4 238
+6%
|
4 284
+1%
|
4 496
+5%
|
5 578
+24%
|
5 621
+1%
|
5 378
-4%
|
5 093
-5%
|
4 224
-17%
|
5 221
+24%
|
5 423
+4%
|
5 617
+4%
|
5 884
+5%
|
4 531
-23%
|
4 600
+2%
|
3 768
-18%
|
|
EPS (Diluted) |
0.82
N/A
|
0.81
-1%
|
0.87
+7%
|
0.92
+6%
|
0.96
+4%
|
1.01
+5%
|
1.04
+3%
|
1.06
+2%
|
1.07
+1%
|
1.13
+6%
|
1.14
+1%
|
1.17
+3%
|
1.19
+2%
|
1.22
+3%
|
1.25
+2%
|
1.26
+1%
|
1.31
+4%
|
1.26
-4%
|
1.25
-1%
|
1.47
+18%
|
1.37
-7%
|
1.4
+2%
|
1.46
+4%
|
1.38
-5%
|
1.44
+4%
|
1.41
-2%
|
1.49
+6%
|
1.51
+1%
|
1.58
+5%
|
1.96
+24%
|
1.98
+1%
|
1.89
-5%
|
1.79
-5%
|
1.49
-17%
|
1.41
-5%
|
1.46
+4%
|
1.61
+10%
|
1.6
-1%
|
1.24
-23%
|
1.26
+2%
|
1.02
-19%
|