China State Construction Engineering Corp Ltd
SSE:601668
Income Statement
Earnings Waterfall
China State Construction Engineering Corp Ltd
Revenue
|
2.2T
CNY
|
Cost of Revenue
|
-2T
CNY
|
Gross Profit
|
202.6B
CNY
|
Operating Expenses
|
-102.2B
CNY
|
Operating Income
|
100.3B
CNY
|
Other Expenses
|
-50.3B
CNY
|
Net Income
|
50B
CNY
|
Income Statement
China State Construction Engineering Corp Ltd
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
657 942
N/A
|
681 792
+4%
|
719 053
+5%
|
755 197
+5%
|
767 884
+2%
|
800 029
+4%
|
830 247
+4%
|
838 821
+1%
|
845 323
+1%
|
880 577
+4%
|
900 873
+2%
|
936 537
+4%
|
939 435
+0%
|
959 765
+2%
|
980 529
+2%
|
1 015 325
+4%
|
1 060 464
+4%
|
1 054 107
-1%
|
1 089 440
+3%
|
1 117 779
+3%
|
1 123 717
+1%
|
1 199 325
+7%
|
1 226 740
+2%
|
1 295 817
+6%
|
1 332 414
+3%
|
1 419 837
+7%
|
1 386 091
-2%
|
1 462 605
+6%
|
1 522 343
+4%
|
1 615 023
+6%
|
1 755 922
+9%
|
1 823 551
+4%
|
1 876 022
+3%
|
1 891 339
+1%
|
1 972 105
+4%
|
2 015 451
+2%
|
2 089 565
+4%
|
2 055 052
-2%
|
2 094 441
+2%
|
2 107 594
+1%
|
2 191 020
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(604 830)
|
(623 450)
|
(660 987)
|
(691 995)
|
(704 837)
|
(729 629)
|
(757 939)
|
(763 622)
|
(768 499)
|
(801 227)
|
(822 366)
|
(854 324)
|
(855 667)
|
(878 673)
|
(899 108)
|
(930 816)
|
(974 499)
|
(955 591)
|
(989 878)
|
(1 014 419)
|
(1 014 272)
|
(1 069 422)
|
(1 097 976)
|
(1 162 691)
|
(1 194 988)
|
(1 274 375)
|
(1 247 287)
|
(1 309 759)
|
(1 366 260)
|
(1 453 674)
|
(1 586 342)
|
(1 646 973)
|
(1 691 911)
|
(1 686 327)
|
(1 768 809)
|
(1 805 423)
|
(1 876 532)
|
(1 848 011)
|
(1 888 384)
|
(1 904 441)
|
(1 988 449)
|
|
Gross Profit |
53 112
N/A
|
58 342
+10%
|
58 067
0%
|
63 203
+9%
|
63 048
0%
|
70 400
+12%
|
72 309
+3%
|
75 199
+4%
|
76 822
+2%
|
79 350
+3%
|
78 507
-1%
|
82 215
+5%
|
83 771
+2%
|
81 093
-3%
|
81 422
+0%
|
84 509
+4%
|
85 965
+2%
|
98 515
+15%
|
99 563
+1%
|
103 361
+4%
|
109 446
+6%
|
129 903
+19%
|
128 764
-1%
|
133 125
+3%
|
137 425
+3%
|
145 462
+6%
|
138 804
-5%
|
152 847
+10%
|
156 084
+2%
|
161 350
+3%
|
169 580
+5%
|
176 578
+4%
|
184 110
+4%
|
205 012
+11%
|
203 295
-1%
|
210 028
+3%
|
213 033
+1%
|
207 041
-3%
|
206 057
0%
|
203 153
-1%
|
202 571
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19 468)
|
(21 019)
|
(17 901)
|
(19 014)
|
(18 876)
|
(24 513)
|
(22 744)
|
(22 269)
|
(22 867)
|
(26 265)
|
(23 174)
|
(25 507)
|
(27 271)
|
(32 197)
|
(27 977)
|
(28 339)
|
(26 646)
|
(35 624)
|
(32 019)
|
(32 102)
|
(34 067)
|
(53 559)
|
(45 954)
|
(47 168)
|
(50 390)
|
(58 460)
|
(52 191)
|
(62 676)
|
(64 406)
|
(66 471)
|
(67 722)
|
(71 710)
|
(75 944)
|
(100 162)
|
(95 410)
|
(102 362)
|
(102 209)
|
(107 385)
|
(102 725)
|
(101 458)
|
(102 249)
|
|
Selling, General & Administrative |
(15 992)
|
(19 408)
|
(16 141)
|
(16 758)
|
(16 684)
|
(22 078)
|
(18 070)
|
(18 131)
|
(18 592)
|
(24 333)
|
(19 941)
|
(20 317)
|
(20 979)
|
(26 624)
|
(22 145)
|
(22 188)
|
(21 286)
|
(27 423)
|
(22 334)
|
(22 965)
|
(25 018)
|
(39 174)
|
(28 189)
|
(30 813)
|
(31 175)
|
(39 261)
|
(34 589)
|
(39 141)
|
(39 160)
|
(38 724)
|
(40 497)
|
(41 197)
|
(42 902)
|
(56 702)
|
(50 181)
|
(53 363)
|
(52 228)
|
(55 320)
|
(48 599)
|
(47 578)
|
(48 431)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(687)
|
(1 030)
|
(2 793)
|
0
|
(2 885)
|
(3 025)
|
(7 621)
|
(8 295)
|
(10 107)
|
(12 134)
|
(17 290)
|
(17 624)
|
(23 025)
|
(25 227)
|
(25 523)
|
(27 562)
|
(30 381)
|
(32 627)
|
(39 927)
|
(42 769)
|
(45 335)
|
(47 065)
|
(49 753)
|
(50 308)
|
(49 858)
|
(49 558)
|
|
Depreciation & Amortization |
0
|
(713)
|
0
|
0
|
0
|
(696)
|
0
|
0
|
0
|
(727)
|
0
|
0
|
0
|
(879)
|
0
|
0
|
0
|
(810)
|
0
|
0
|
0
|
(1 027)
|
0
|
0
|
0
|
(1 249)
|
0
|
0
|
0
|
(1 474)
|
0
|
0
|
0
|
(2 091)
|
0
|
0
|
0
|
(2 232)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3 475)
|
(898)
|
(1 760)
|
(2 258)
|
(2 193)
|
(1 739)
|
(4 674)
|
(4 137)
|
(4 273)
|
(1 205)
|
(3 232)
|
(5 189)
|
(6 293)
|
(4 694)
|
(5 833)
|
(5 464)
|
(4 330)
|
(4 598)
|
(9 685)
|
(6 252)
|
(6 023)
|
(5 738)
|
(9 469)
|
(6 247)
|
(7 080)
|
(662)
|
21
|
(511)
|
(20)
|
(749)
|
336
|
(134)
|
(417)
|
(1 441)
|
(2 460)
|
(3 664)
|
(2 916)
|
(79)
|
(3 818)
|
(4 022)
|
(4 260)
|
|
Operating Income |
33 644
N/A
|
37 323
+11%
|
40 165
+8%
|
44 188
+10%
|
44 171
0%
|
45 887
+4%
|
49 565
+8%
|
52 931
+7%
|
53 958
+2%
|
53 085
-2%
|
55 335
+4%
|
56 709
+2%
|
56 500
0%
|
48 895
-13%
|
53 445
+9%
|
56 171
+5%
|
59 320
+6%
|
62 891
+6%
|
67 543
+7%
|
71 257
+5%
|
75 377
+6%
|
76 343
+1%
|
82 810
+8%
|
85 958
+4%
|
87 036
+1%
|
87 001
0%
|
86 613
0%
|
90 170
+4%
|
91 677
+2%
|
94 878
+3%
|
101 858
+7%
|
104 867
+3%
|
108 166
+3%
|
104 850
-3%
|
107 885
+3%
|
107 666
0%
|
110 824
+3%
|
99 656
-10%
|
103 332
+4%
|
101 694
-2%
|
100 322
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 700
|
718
|
(347)
|
(2 313)
|
(3 138)
|
(3 899)
|
(5 984)
|
(6 801)
|
(6 535)
|
(6 004)
|
(7 204)
|
(6 579)
|
(1 004)
|
(2 145)
|
(1 107)
|
(275)
|
(5 906)
|
(2 333)
|
(6 023)
|
(8 024)
|
(11 074)
|
(4 162)
|
(9 446)
|
(8 725)
|
(7 831)
|
(3 522)
|
(5 437)
|
(4 963)
|
(2 482)
|
(1 616)
|
(2 113)
|
(2 315)
|
(3 815)
|
(4 660)
|
(4 761)
|
(8 672)
|
(11 873)
|
(13 341)
|
(15 918)
|
(16 879)
|
(15 140)
|
|
Non-Reccuring Items |
0
|
170
|
0
|
0
|
0
|
226
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4 635
|
228
|
232
|
232
|
(850)
|
65
|
85
|
83
|
(516)
|
81
|
62
|
67
|
(2 437)
|
127
|
136
|
162
|
726
|
214
|
286
|
265
|
275
|
313
|
380
|
391
|
704
|
439
|
326
|
327
|
|
Gain/Loss on Disposition of Assets |
0
|
141
|
(17)
|
0
|
(26)
|
214
|
(17)
|
0
|
(9)
|
144
|
(19)
|
50
|
57
|
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 |
695
|
448
|
608
|
837
|
803
|
909
|
1 143
|
774
|
794
|
468
|
561
|
775
|
625
|
727
|
747
|
944
|
1 121
|
692
|
629
|
242
|
140
|
123
|
129
|
246
|
323
|
425
|
(2 288)
|
(2 055)
|
(2 000)
|
303
|
(258)
|
(596)
|
(701)
|
422
|
270
|
1 798
|
1 710
|
1 816
|
2 172
|
1 308
|
1 337
|
|
Pre-Tax Income |
36 039
N/A
|
38 800
+8%
|
40 410
+4%
|
42 712
+6%
|
41 812
-2%
|
43 336
+4%
|
44 708
+3%
|
46 904
+5%
|
48 207
+3%
|
47 697
-1%
|
48 671
+2%
|
50 953
+5%
|
56 176
+10%
|
52 113
-7%
|
53 313
+2%
|
57 072
+7%
|
54 766
-4%
|
60 400
+10%
|
62 214
+3%
|
63 561
+2%
|
64 526
+2%
|
71 789
+11%
|
73 576
+2%
|
77 542
+5%
|
79 595
+3%
|
81 468
+2%
|
79 015
-3%
|
83 288
+5%
|
87 357
+5%
|
94 291
+8%
|
99 701
+6%
|
102 242
+3%
|
103 914
+2%
|
100 886
-3%
|
103 707
+3%
|
101 173
-2%
|
101 052
0%
|
88 835
-12%
|
90 026
+1%
|
86 450
-4%
|
86 846
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8 944)
|
(9 467)
|
(9 868)
|
(9 911)
|
(9 644)
|
(10 159)
|
(10 313)
|
(11 132)
|
(12 230)
|
(11 754)
|
(11 950)
|
(12 491)
|
(12 621)
|
(10 941)
|
(11 290)
|
(11 893)
|
(11 680)
|
(13 751)
|
(14 189)
|
(14 822)
|
(14 723)
|
(16 439)
|
(16 853)
|
(17 589)
|
(18 018)
|
(18 263)
|
(17 602)
|
(19 295)
|
(21 170)
|
(23 340)
|
(24 543)
|
(24 144)
|
(24 315)
|
(23 154)
|
(23 585)
|
(22 358)
|
(21 825)
|
(19 624)
|
(19 865)
|
(18 400)
|
(18 064)
|
|
Income from Continuing Operations |
27 095
|
29 333
|
30 541
|
32 800
|
32 167
|
33 177
|
34 395
|
35 772
|
35 977
|
35 943
|
36 722
|
38 463
|
43 555
|
41 172
|
42 022
|
45 178
|
43 087
|
46 649
|
48 026
|
48 739
|
49 801
|
55 350
|
56 721
|
59 952
|
61 577
|
63 205
|
61 414
|
63 994
|
66 188
|
70 950
|
75 156
|
78 096
|
79 597
|
77 732
|
80 122
|
78 815
|
79 227
|
69 212
|
70 161
|
68 049
|
68 782
|
|
Income to Minority Interest |
(8 619)
|
(8 935)
|
(9 086)
|
(9 377)
|
(8 288)
|
(10 607)
|
(10 827)
|
(11 285)
|
(11 265)
|
(9 881)
|
(9 904)
|
(10 033)
|
(11 771)
|
(11 302)
|
(11 449)
|
(13 370)
|
(12 199)
|
(13 707)
|
(14 022)
|
(14 697)
|
(15 343)
|
(17 109)
|
(17 767)
|
(20 540)
|
(20 655)
|
(21 324)
|
(20 818)
|
(22 581)
|
(23 149)
|
(26 006)
|
(26 770)
|
(27 349)
|
(27 968)
|
(26 325)
|
(26 814)
|
(24 555)
|
(22 136)
|
(18 261)
|
(17 389)
|
(16 630)
|
(17 693)
|
|
Net Income (Common) |
18 478
N/A
|
20 399
+10%
|
21 457
+5%
|
23 425
+9%
|
23 880
+2%
|
22 530
-6%
|
23 528
+4%
|
23 453
0%
|
23 678
+1%
|
24 989
+6%
|
25 744
+3%
|
27 364
+6%
|
30 718
+12%
|
28 584
-7%
|
28 177
-1%
|
30 397
+8%
|
29 476
-3%
|
31 671
+7%
|
33 842
+7%
|
32 621
-4%
|
33 039
+1%
|
36 015
+9%
|
36 729
+2%
|
37 268
+1%
|
38 778
+4%
|
39 893
+3%
|
38 608
-3%
|
40 521
+5%
|
42 146
+4%
|
44 193
+5%
|
47 952
+9%
|
49 487
+3%
|
51 732
+5%
|
50 818
-2%
|
52 352
+3%
|
53 681
+3%
|
56 257
+5%
|
50 365
-10%
|
52 177
+4%
|
51 269
-2%
|
49 986
-3%
|
|
EPS (Diluted) |
0.43
N/A
|
0.48
+12%
|
0.5
+4%
|
0.55
+10%
|
0.56
+2%
|
0.54
-4%
|
0.55
+2%
|
0.55
N/A
|
0.56
+2%
|
0.6
+7%
|
0.62
+3%
|
0.65
+5%
|
0.72
+11%
|
0.67
-7%
|
0.8
+19%
|
0.74
-8%
|
0.72
-3%
|
0.76
+6%
|
0.8
+5%
|
0.77
-4%
|
0.78
+1%
|
0.87
+12%
|
0.87
N/A
|
0.88
+1%
|
0.92
+5%
|
0.97
+5%
|
0.91
-6%
|
0.94
+3%
|
1
+6%
|
1.07
+7%
|
1.16
+8%
|
1.26
+9%
|
1.15
-9%
|
1.25
+9%
|
1.26
+1%
|
1.32
+5%
|
1.28
-3%
|
1.23
-4%
|
1.26
+2%
|
1.23
-2%
|
1.18
-4%
|