Henan Mingtai Al.Industrial Co Ltd
SSE:601677
Income Statement
Earnings Waterfall
Henan Mingtai Al.Industrial Co Ltd
Revenue
|
25.2B
CNY
|
Cost of Revenue
|
-22.7B
CNY
|
Gross Profit
|
2.5B
CNY
|
Operating Expenses
|
-937.9m
CNY
|
Operating Income
|
1.5B
CNY
|
Other Expenses
|
-98.1m
CNY
|
Net Income
|
1.4B
CNY
|
Income Statement
Henan Mingtai Al.Industrial Co 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 |
5 405
N/A
|
5 667
+5%
|
5 808
+2%
|
6 002
+3%
|
6 283
+5%
|
6 518
+4%
|
6 707
+3%
|
6 762
+1%
|
6 557
-3%
|
6 296
-4%
|
6 155
-2%
|
6 355
+3%
|
6 743
+6%
|
7 481
+11%
|
8 160
+9%
|
8 841
+8%
|
9 612
+9%
|
10 366
+8%
|
11 008
+6%
|
11 658
+6%
|
12 789
+10%
|
13 325
+4%
|
13 964
+5%
|
14 249
+2%
|
13 970
-2%
|
14 148
+1%
|
13 780
-3%
|
14 417
+5%
|
15 204
+5%
|
16 333
+7%
|
18 185
+11%
|
19 939
+10%
|
21 859
+10%
|
24 613
+13%
|
27 215
+11%
|
29 333
+8%
|
29 583
+1%
|
27 781
-6%
|
26 385
-5%
|
24 942
-5%
|
25 217
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 126)
|
(5 374)
|
(5 542)
|
(5 696)
|
(5 922)
|
(6 034)
|
(6 177)
|
(6 213)
|
(6 045)
|
(5 849)
|
(5 690)
|
(5 842)
|
(6 155)
|
(6 863)
|
(7 503)
|
(8 105)
|
(8 777)
|
(9 430)
|
(10 028)
|
(10 626)
|
(11 714)
|
(12 158)
|
(12 714)
|
(12 904)
|
(12 497)
|
(12 477)
|
(12 244)
|
(12 715)
|
(13 318)
|
(14 459)
|
(16 037)
|
(17 452)
|
(19 033)
|
(21 482)
|
(23 804)
|
(26 005)
|
(26 810)
|
(25 096)
|
(24 046)
|
(22 752)
|
(22 741)
|
|
Gross Profit |
280
N/A
|
292
+4%
|
266
-9%
|
306
+15%
|
360
+18%
|
484
+34%
|
530
+9%
|
549
+4%
|
512
-7%
|
448
-13%
|
465
+4%
|
513
+10%
|
589
+15%
|
618
+5%
|
657
+6%
|
736
+12%
|
835
+13%
|
937
+12%
|
980
+5%
|
1 032
+5%
|
1 075
+4%
|
1 167
+9%
|
1 250
+7%
|
1 345
+8%
|
1 473
+10%
|
1 670
+13%
|
1 536
-8%
|
1 702
+11%
|
1 886
+11%
|
1 875
-1%
|
2 148
+15%
|
2 487
+16%
|
2 826
+14%
|
3 131
+11%
|
3 411
+9%
|
3 327
-2%
|
2 772
-17%
|
2 685
-3%
|
2 340
-13%
|
2 190
-6%
|
2 476
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(188)
|
(188)
|
(175)
|
(188)
|
(217)
|
(255)
|
(271)
|
(284)
|
(278)
|
(254)
|
(256)
|
(262)
|
(282)
|
(317)
|
(313)
|
(323)
|
(358)
|
(426)
|
(407)
|
(439)
|
(439)
|
(506)
|
(561)
|
(588)
|
(634)
|
(722)
|
(347)
|
(424)
|
(631)
|
(511)
|
(561)
|
(524)
|
(583)
|
(923)
|
(828)
|
(917)
|
(964)
|
(933)
|
(878)
|
(848)
|
(938)
|
|
Selling, General & Administrative |
(168)
|
(176)
|
(170)
|
(176)
|
(201)
|
(241)
|
(253)
|
(271)
|
(270)
|
(241)
|
(250)
|
(260)
|
(275)
|
(298)
|
(301)
|
(310)
|
(330)
|
(399)
|
(383)
|
(376)
|
(372)
|
(379)
|
(390)
|
(416)
|
(442)
|
(526)
|
(465)
|
(485)
|
(478)
|
(303)
|
(266)
|
(207)
|
(134)
|
(334)
|
(298)
|
(291)
|
(329)
|
(382)
|
(272)
|
(272)
|
(282)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(58)
|
(135)
|
(160)
|
(233)
|
(295)
|
(341)
|
(369)
|
(420)
|
(465)
|
(510)
|
(628)
|
(757)
|
(872)
|
(944)
|
(1 037)
|
(1 084)
|
(1 108)
|
(982)
|
(1 017)
|
(1 047)
|
(1 119)
|
|
Depreciation & Amortization |
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(20)
|
(4)
|
(5)
|
(13)
|
(17)
|
(5)
|
(18)
|
(12)
|
(7)
|
(4)
|
(6)
|
(2)
|
(7)
|
(5)
|
(12)
|
(13)
|
(7)
|
0
|
(24)
|
(63)
|
(9)
|
39
|
(11)
|
60
|
102
|
177
|
487
|
481
|
312
|
346
|
333
|
441
|
423
|
407
|
507
|
459
|
474
|
485
|
411
|
472
|
463
|
|
Operating Income |
92
N/A
|
104
+14%
|
91
-12%
|
118
+29%
|
143
+22%
|
229
+60%
|
259
+13%
|
266
+3%
|
235
-12%
|
193
-18%
|
209
+8%
|
251
+20%
|
307
+22%
|
301
-2%
|
343
+14%
|
414
+20%
|
477
+15%
|
511
+7%
|
573
+12%
|
593
+3%
|
637
+7%
|
660
+4%
|
689
+4%
|
757
+10%
|
839
+11%
|
949
+13%
|
1 189
+25%
|
1 278
+7%
|
1 255
-2%
|
1 363
+9%
|
1 587
+16%
|
1 963
+24%
|
2 242
+14%
|
2 208
-2%
|
2 582
+17%
|
2 411
-7%
|
1 809
-25%
|
1 752
-3%
|
1 462
-17%
|
1 342
-8%
|
1 538
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(19)
|
(17)
|
(17)
|
(8)
|
5
|
18
|
34
|
45
|
54
|
57
|
46
|
50
|
40
|
64
|
51
|
13
|
3
|
(19)
|
(3)
|
(5)
|
(3)
|
(11)
|
(34)
|
(23)
|
(19)
|
9
|
(9)
|
(31)
|
(75)
|
(54)
|
(47)
|
(27)
|
14
|
(29)
|
(41)
|
90
|
152
|
202
|
153
|
98
|
47
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(1)
|
1
|
1
|
0
|
(6)
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
254
|
256
|
0
|
0
|
(2)
|
(5)
|
(5)
|
(6)
|
(8)
|
(6)
|
(5)
|
(4)
|
1
|
(0)
|
(1)
|
(2)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
1
|
0
|
0
|
0
|
6
|
0
|
0
|
(0)
|
2
|
1
|
1
|
1
|
0
|
0
|
(5)
|
0
|
(6)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
|
Total Other Income |
15
|
8
|
18
|
10
|
8
|
3
|
2
|
3
|
4
|
2
|
4
|
3
|
2
|
3
|
0
|
(1)
|
(6)
|
(3)
|
(10)
|
(3)
|
(3)
|
4
|
6
|
5
|
4
|
0
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(15)
|
(17)
|
(31)
|
(32)
|
(19)
|
(1)
|
(4)
|
(1)
|
1
|
|
Pre-Tax Income |
88
N/A
|
94
+7%
|
92
-2%
|
120
+30%
|
157
+31%
|
252
+61%
|
295
+17%
|
314
+7%
|
293
-7%
|
242
-17%
|
260
+7%
|
306
+18%
|
351
+15%
|
367
+5%
|
396
+8%
|
422
+7%
|
474
+13%
|
477
+1%
|
560
+17%
|
585
+5%
|
632
+8%
|
654
+3%
|
659
+1%
|
737
+12%
|
1 078
+46%
|
1 212
+12%
|
1 178
-3%
|
1 243
+6%
|
1 174
-6%
|
1 301
+11%
|
1 533
+18%
|
1 928
+26%
|
2 234
+16%
|
2 142
-4%
|
2 506
+17%
|
2 464
-2%
|
1 942
-21%
|
1 950
+0%
|
1 610
-17%
|
1 437
-11%
|
1 583
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(23)
|
(25)
|
(24)
|
(31)
|
(38)
|
(62)
|
(69)
|
(75)
|
(70)
|
(49)
|
(55)
|
(68)
|
(82)
|
(79)
|
(87)
|
(91)
|
(110)
|
(108)
|
(132)
|
(137)
|
(139)
|
(126)
|
(121)
|
(135)
|
(212)
|
(228)
|
(217)
|
(237)
|
(208)
|
(210)
|
(232)
|
(343)
|
(456)
|
(251)
|
(328)
|
(301)
|
(114)
|
(308)
|
(235)
|
(125)
|
(142)
|
|
Income from Continuing Operations |
65
|
70
|
68
|
89
|
119
|
191
|
225
|
240
|
223
|
193
|
206
|
238
|
269
|
288
|
308
|
330
|
364
|
368
|
428
|
448
|
494
|
528
|
537
|
602
|
866
|
984
|
961
|
1 006
|
966
|
1 092
|
1 301
|
1 585
|
1 777
|
1 890
|
2 177
|
2 163
|
1 828
|
1 642
|
1 375
|
1 312
|
1 441
|
|
Income to Minority Interest |
(8)
|
(10)
|
(11)
|
(11)
|
(13)
|
(13)
|
(14)
|
(18)
|
(17)
|
(20)
|
(24)
|
(25)
|
(25)
|
(19)
|
(17)
|
(16)
|
(13)
|
(16)
|
(19)
|
(21)
|
(31)
|
(32)
|
(30)
|
(32)
|
(64)
|
(67)
|
(66)
|
(68)
|
(31)
|
(22)
|
(29)
|
(22)
|
(24)
|
(38)
|
(57)
|
(64)
|
(58)
|
(44)
|
(13)
|
(1)
|
(0)
|
|
Net Income (Common) |
57
N/A
|
59
+4%
|
56
-5%
|
78
+39%
|
106
+35%
|
177
+67%
|
211
+19%
|
222
+5%
|
206
-7%
|
173
-16%
|
182
+5%
|
214
+17%
|
244
+14%
|
269
+10%
|
292
+8%
|
314
+8%
|
351
+12%
|
352
+0%
|
409
+16%
|
426
+4%
|
463
+9%
|
496
+7%
|
508
+2%
|
570
+12%
|
802
+41%
|
917
+14%
|
895
-2%
|
938
+5%
|
935
0%
|
1 070
+14%
|
1 272
+19%
|
1 564
+23%
|
1 753
+12%
|
1 852
+6%
|
2 120
+14%
|
2 098
-1%
|
1 770
-16%
|
1 599
-10%
|
1 361
-15%
|
1 311
-4%
|
1 440
+10%
|
|
EPS (Diluted) |
0.14
N/A
|
0.15
+7%
|
0.14
-7%
|
0.2
+43%
|
0.27
+35%
|
0.44
+63%
|
0.5
+14%
|
0.55
+10%
|
0.5
-9%
|
0.42
-16%
|
0.44
+5%
|
0.52
+18%
|
0.6
+15%
|
0.59
-2%
|
0.59
N/A
|
0.67
+14%
|
0.72
+7%
|
0.72
N/A
|
0.72
N/A
|
0.67
-7%
|
0.76
+13%
|
0.84
+11%
|
0.86
+2%
|
0.96
+12%
|
1.31
+36%
|
1.51
+15%
|
1.47
-3%
|
1.49
+1%
|
1.34
-10%
|
1.43
+7%
|
1.61
+13%
|
1.68
+4%
|
1.68
N/A
|
1.89
+13%
|
2.2
+16%
|
2.12
-4%
|
1.82
-14%
|
1.5
-18%
|
1.27
-15%
|
1.36
+7%
|
1.41
+4%
|