COSCO SHIPPING Development Co Ltd
SSE:601866
Income Statement
Earnings Waterfall
COSCO SHIPPING Development Co Ltd
Revenue
|
15.7B
CNY
|
Cost of Revenue
|
-10.9B
CNY
|
Gross Profit
|
4.8B
CNY
|
Operating Expenses
|
-1.4B
CNY
|
Operating Income
|
3.4B
CNY
|
Other Expenses
|
-2B
CNY
|
Net Income
|
1.4B
CNY
|
Income Statement
COSCO SHIPPING Development 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 |
34 298
N/A
|
34 762
+1%
|
35 609
+2%
|
35 645
+0%
|
36 233
+2%
|
36 892
+2%
|
37 100
+1%
|
36 963
0%
|
36 581
-1%
|
32 747
-10%
|
26 982
-18%
|
21 394
-21%
|
15 965
-25%
|
14 398
-10%
|
15 042
+4%
|
15 850
+5%
|
16 341
+3%
|
16 316
0%
|
17 010
+4%
|
17 614
+4%
|
16 684
-5%
|
16 091
-4%
|
14 987
-7%
|
13 440
-10%
|
14 229
+6%
|
14 477
+2%
|
15 202
+5%
|
16 762
+10%
|
18 983
+13%
|
20 806
+10%
|
26 942
+29%
|
32 680
+21%
|
37 168
+14%
|
39 514
+6%
|
36 000
-9%
|
31 149
-13%
|
25 634
-18%
|
22 993
-10%
|
18 165
-21%
|
17 196
-5%
|
15 685
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(36 229)
|
(36 284)
|
(36 789)
|
(36 111)
|
(34 884)
|
(34 485)
|
(34 340)
|
(35 321)
|
(35 594)
|
(33 173)
|
(26 904)
|
(20 036)
|
(14 222)
|
(11 479)
|
(12 018)
|
(12 580)
|
(12 843)
|
(12 684)
|
(13 433)
|
(13 933)
|
(12 538)
|
(12 283)
|
(11 260)
|
(9 788)
|
(10 754)
|
(10 584)
|
(11 143)
|
(12 560)
|
(14 229)
|
(15 904)
|
(19 617)
|
(24 792)
|
(26 315)
|
(27 373)
|
(25 638)
|
(21 027)
|
(18 717)
|
(16 617)
|
(12 393)
|
(11 683)
|
(10 888)
|
|
Gross Profit |
(1 931)
N/A
|
(1 522)
+21%
|
(1 179)
+23%
|
(465)
+61%
|
1 349
N/A
|
2 408
+79%
|
2 760
+15%
|
1 642
-41%
|
987
-40%
|
(425)
N/A
|
79
N/A
|
1 359
+1 620%
|
1 743
+28%
|
2 920
+68%
|
3 025
+4%
|
3 270
+8%
|
3 498
+7%
|
3 631
+4%
|
3 576
-2%
|
3 681
+3%
|
4 146
+13%
|
3 808
-8%
|
3 727
-2%
|
3 652
-2%
|
3 475
-5%
|
3 893
+12%
|
4 058
+4%
|
4 201
+4%
|
4 753
+13%
|
4 901
+3%
|
7 325
+49%
|
7 888
+8%
|
10 854
+38%
|
12 142
+12%
|
10 362
-15%
|
10 122
-2%
|
6 917
-32%
|
6 376
-8%
|
5 771
-9%
|
5 513
-4%
|
4 797
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(919)
|
(934)
|
(953)
|
(966)
|
(1 018)
|
(1 055)
|
(1 107)
|
(1 202)
|
(1 554)
|
(2 114)
|
(2 124)
|
(2 102)
|
(1 441)
|
(1 458)
|
(1 332)
|
(1 381)
|
(1 140)
|
(978)
|
(1 128)
|
(1 024)
|
(1 242)
|
(1 090)
|
(1 284)
|
(1 249)
|
(1 464)
|
(1 558)
|
(1 503)
|
(1 454)
|
(1 703)
|
(2 400)
|
(2 491)
|
(2 593)
|
(2 614)
|
(2 213)
|
(2 252)
|
(2 273)
|
(1 470)
|
(1 915)
|
(1 663)
|
(1 712)
|
(1 364)
|
|
Selling, General & Administrative |
(912)
|
(927)
|
(943)
|
(961)
|
(906)
|
(1 093)
|
(1 150)
|
(1 172)
|
(1 359)
|
(1 347)
|
(1 320)
|
(1 230)
|
(1 246)
|
(799)
|
(721)
|
(886)
|
(1 004)
|
(910)
|
(1 145)
|
(1 078)
|
(1 219)
|
(1 213)
|
(1 259)
|
(1 265)
|
(1 355)
|
(1 451)
|
(1 481)
|
(1 413)
|
(1 625)
|
(1 766)
|
(1 827)
|
(1 892)
|
(2 463)
|
(2 269)
|
(2 314)
|
(2 325)
|
(1 337)
|
(1 324)
|
(1 192)
|
(1 248)
|
(1 298)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(4)
|
(4)
|
(3)
|
(3)
|
(9)
|
0
|
0
|
(9)
|
(7)
|
(7)
|
(18)
|
(29)
|
(74)
|
(85)
|
(110)
|
(133)
|
(94)
|
(96)
|
(79)
|
(73)
|
(84)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(81)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(98)
|
0
|
0
|
0
|
(99)
|
0
|
0
|
0
|
(143)
|
|
Other Operating Expenses |
(5)
|
(6)
|
(10)
|
(6)
|
(79)
|
37
|
43
|
(30)
|
(118)
|
(766)
|
(802)
|
(870)
|
(142)
|
(658)
|
(611)
|
(494)
|
(95)
|
(67)
|
19
|
55
|
22
|
129
|
(20)
|
21
|
(19)
|
(107)
|
(22)
|
(31)
|
20
|
(627)
|
(647)
|
(672)
|
22
|
142
|
172
|
185
|
60
|
(495)
|
(393)
|
(391)
|
162
|
|
Operating Income |
(2 849)
N/A
|
(2 455)
+14%
|
(2 131)
+13%
|
(1 430)
+33%
|
332
N/A
|
1 353
+308%
|
1 653
+22%
|
441
-73%
|
(568)
N/A
|
(2 539)
-347%
|
(2 045)
+19%
|
(744)
+64%
|
302
N/A
|
1 462
+384%
|
1 694
+16%
|
1 891
+12%
|
2 359
+25%
|
2 656
+13%
|
2 451
-8%
|
2 659
+8%
|
2 904
+9%
|
2 719
-6%
|
2 443
-10%
|
2 403
-2%
|
2 011
-16%
|
2 336
+16%
|
2 557
+9%
|
2 749
+8%
|
3 050
+11%
|
2 502
-18%
|
4 834
+93%
|
5 295
+10%
|
8 240
+56%
|
9 929
+21%
|
8 110
-18%
|
7 849
-3%
|
5 446
-31%
|
4 461
-18%
|
4 108
-8%
|
3 801
-7%
|
3 433
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(93)
|
173
|
905
|
865
|
(186)
|
526
|
(7)
|
(18)
|
1 116
|
740
|
927
|
965
|
21
|
14
|
(202)
|
(514)
|
(425)
|
(782)
|
(1 171)
|
(1 079)
|
(1 186)
|
(822)
|
(509)
|
(556)
|
(109)
|
(729)
|
(676)
|
(306)
|
(130)
|
504
|
506
|
959
|
(228)
|
(386)
|
244
|
(136)
|
(493)
|
(851)
|
(1 441)
|
(2 124)
|
(1 735)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
947
|
0
|
0
|
0
|
(796)
|
0
|
0
|
0
|
(93)
|
6
|
12
|
18
|
21
|
55
|
67
|
98
|
23
|
110
|
125
|
128
|
65
|
76
|
57
|
19
|
(480)
|
21
|
8
|
9
|
19
|
11
|
26
|
37
|
(100)
|
58
|
54
|
52
|
(287)
|
|
Gain/Loss on Disposition of Assets |
0
|
(32)
|
0
|
(2)
|
(28)
|
0
|
0
|
0
|
(199)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
|
Total Other Income |
433
|
561
|
451
|
452
|
578
|
465
|
501
|
468
|
552
|
327
|
299
|
510
|
387
|
376
|
321
|
43
|
4
|
1
|
(8)
|
(6)
|
98
|
79
|
86
|
84
|
(24)
|
(25)
|
(29)
|
(29)
|
9
|
(18)
|
(14)
|
(14)
|
(100)
|
(84)
|
(88)
|
(107)
|
(24)
|
(24)
|
(22)
|
(26)
|
(27)
|
|
Pre-Tax Income |
(2 509)
N/A
|
(1 754)
+30%
|
(775)
+56%
|
(116)
+85%
|
1 642
N/A
|
2 344
+43%
|
2 147
-8%
|
890
-59%
|
106
-88%
|
(1 472)
N/A
|
(819)
+44%
|
732
N/A
|
617
-16%
|
1 857
+201%
|
1 824
-2%
|
1 437
-21%
|
1 958
+36%
|
1 928
-2%
|
1 337
-31%
|
1 670
+25%
|
1 839
+10%
|
2 087
+13%
|
2 146
+3%
|
2 060
-4%
|
1 943
-6%
|
1 658
-15%
|
1 909
+15%
|
2 433
+27%
|
2 449
+1%
|
3 009
+23%
|
5 335
+77%
|
6 249
+17%
|
7 916
+27%
|
9 470
+20%
|
8 292
-12%
|
7 643
-8%
|
4 826
-37%
|
3 645
-24%
|
2 698
-26%
|
1 702
-37%
|
1 383
-19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(112)
|
(110)
|
(110)
|
(154)
|
(557)
|
(605)
|
(643)
|
(665)
|
(209)
|
(193)
|
(166)
|
(146)
|
(202)
|
(238)
|
(332)
|
(344)
|
(426)
|
(457)
|
(515)
|
(472)
|
(400)
|
(356)
|
(183)
|
(188)
|
(200)
|
(170)
|
(216)
|
(310)
|
(319)
|
(392)
|
(1 021)
|
(1 186)
|
(1 826)
|
(2 215)
|
(1 932)
|
(1 824)
|
(904)
|
(702)
|
(366)
|
(294)
|
27
|
|
Income from Continuing Operations |
(2 620)
|
(1 863)
|
(884)
|
(271)
|
1 085
|
1 738
|
1 503
|
226
|
(103)
|
(1 665)
|
(985)
|
585
|
414
|
1 619
|
1 492
|
1 093
|
1 532
|
1 473
|
824
|
1 200
|
1 438
|
1 731
|
1 963
|
1 872
|
1 743
|
1 489
|
1 693
|
2 124
|
2 131
|
2 616
|
4 314
|
5 062
|
6 091
|
7 255
|
6 360
|
5 820
|
3 922
|
2 943
|
2 332
|
1 409
|
1 409
|
|
Income to Minority Interest |
(26)
|
(32)
|
(35)
|
(41)
|
(23)
|
(52)
|
(68)
|
(83)
|
(96)
|
(79)
|
(66)
|
(54)
|
(45)
|
(44)
|
(50)
|
(59)
|
(71)
|
(76)
|
(89)
|
0
|
(52)
|
(29)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(2 647)
N/A
|
(1 897)
+28%
|
(921)
+51%
|
(314)
+66%
|
1 061
N/A
|
1 686
+59%
|
1 435
-15%
|
143
-90%
|
(199)
N/A
|
(1 744)
-776%
|
(1 050)
+40%
|
532
N/A
|
369
-31%
|
1 576
+327%
|
1 441
-9%
|
1 033
-28%
|
1 462
+42%
|
1 394
-5%
|
734
-47%
|
1 127
+54%
|
1 386
+23%
|
1 703
+23%
|
1 970
+16%
|
1 882
-4%
|
1 489
-21%
|
1 181
-21%
|
1 266
+7%
|
1 613
+27%
|
1 807
+12%
|
2 293
+27%
|
4 033
+76%
|
4 805
+19%
|
6 765
+41%
|
8 005
+18%
|
7 156
-11%
|
6 673
-7%
|
3 922
-41%
|
2 919
-26%
|
2 332
-20%
|
1 409
-40%
|
1 409
+0%
|
|
EPS (Diluted) |
-0.22
N/A
|
-0.15
+32%
|
-0.07
+53%
|
-0.02
+71%
|
0.09
N/A
|
0.14
+56%
|
0.12
-14%
|
0.01
-92%
|
-0.02
N/A
|
-0.15
-650%
|
-0.09
+40%
|
0.04
N/A
|
0.03
-25%
|
0.13
+333%
|
0.12
-8%
|
0.09
-25%
|
0.13
+44%
|
0.12
-8%
|
0.06
-50%
|
0.09
+50%
|
0.12
+33%
|
0.14
+17%
|
0.17
+21%
|
0.16
-6%
|
0.13
-19%
|
0.1
-23%
|
0.1
N/A
|
0.13
+30%
|
0.16
+23%
|
0.19
+19%
|
0.34
+79%
|
0.41
+21%
|
0.5
+22%
|
0.58
+16%
|
0.55
-5%
|
0.49
-11%
|
0.29
-41%
|
0.22
-24%
|
0.17
-23%
|
0.1
-41%
|
0.1
N/A
|