Liaoning Port Co Ltd
SSE:601880
Income Statement
Earnings Waterfall
Liaoning Port Co Ltd
Revenue
|
12.2B
CNY
|
Cost of Revenue
|
-8.8B
CNY
|
Gross Profit
|
3.4B
CNY
|
Operating Expenses
|
-948.6m
CNY
|
Operating Income
|
2.4B
CNY
|
Other Expenses
|
-1.1B
CNY
|
Net Income
|
1.3B
CNY
|
Income Statement
Liaoning Port 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 |
5 650
N/A
|
7 133
+26%
|
6 939
-3%
|
7 272
+5%
|
7 942
+9%
|
8 523
+7%
|
8 742
+3%
|
8 913
+2%
|
8 886
0%
|
9 155
+3%
|
11 269
+23%
|
12 190
+8%
|
12 814
+5%
|
12 932
+1%
|
10 652
-18%
|
9 193
-14%
|
9 032
-2%
|
8 614
-5%
|
8 365
-3%
|
8 207
-2%
|
6 754
-18%
|
6 320
-6%
|
6 325
+0%
|
6 295
0%
|
6 646
+6%
|
7 700
+16%
|
7 761
+1%
|
7 780
+0%
|
6 657
-14%
|
7 931
+19%
|
9 413
+19%
|
10 699
+14%
|
12 348
+15%
|
12 697
+3%
|
12 433
-2%
|
12 310
-1%
|
12 167
-1%
|
11 957
-2%
|
11 844
-1%
|
11 971
+1%
|
12 220
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 577)
|
(5 731)
|
(5 586)
|
(5 916)
|
(6 595)
|
(7 192)
|
(7 414)
|
(7 584)
|
(7 457)
|
(7 723)
|
(9 854)
|
(10 789)
|
(11 442)
|
(11 640)
|
(9 390)
|
(7 925)
|
(7 576)
|
(7 171)
|
(6 821)
|
(6 588)
|
(5 142)
|
(4 679)
|
(4 657)
|
(4 524)
|
(4 655)
|
(5 307)
|
(5 213)
|
(5 146)
|
(4 422)
|
(5 255)
|
(6 366)
|
(7 355)
|
(8 518)
|
(8 979)
|
(9 027)
|
(9 098)
|
(8 993)
|
(8 991)
|
(8 789)
|
(8 742)
|
(8 830)
|
|
Gross Profit |
1 073
N/A
|
1 402
+31%
|
1 353
-3%
|
1 357
+0%
|
1 347
-1%
|
1 332
-1%
|
1 328
0%
|
1 330
+0%
|
1 429
+7%
|
1 432
+0%
|
1 415
-1%
|
1 401
-1%
|
1 373
-2%
|
1 293
-6%
|
1 263
-2%
|
1 268
+0%
|
1 456
+15%
|
1 442
-1%
|
1 544
+7%
|
1 619
+5%
|
1 612
0%
|
1 641
+2%
|
1 669
+2%
|
1 771
+6%
|
1 991
+12%
|
2 393
+20%
|
2 548
+7%
|
2 634
+3%
|
2 235
-15%
|
2 676
+20%
|
3 047
+14%
|
3 344
+10%
|
3 829
+15%
|
3 718
-3%
|
3 406
-8%
|
3 212
-6%
|
3 175
-1%
|
2 966
-7%
|
3 055
+3%
|
3 229
+6%
|
3 389
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(445)
|
(557)
|
(568)
|
(583)
|
(608)
|
(600)
|
(618)
|
(620)
|
(653)
|
(631)
|
(647)
|
(643)
|
(710)
|
(651)
|
(580)
|
(508)
|
(666)
|
(669)
|
(740)
|
(801)
|
(752)
|
(681)
|
(663)
|
(652)
|
(640)
|
(592)
|
(610)
|
(619)
|
(747)
|
(772)
|
(820)
|
(799)
|
(902)
|
(826)
|
(807)
|
(805)
|
(991)
|
(834)
|
(906)
|
(938)
|
(949)
|
|
Selling, General & Administrative |
(443)
|
(556)
|
(567)
|
(582)
|
(556)
|
(599)
|
(616)
|
(619)
|
(595)
|
(631)
|
(647)
|
(643)
|
(653)
|
(686)
|
(656)
|
(648)
|
(704)
|
(663)
|
(697)
|
(705)
|
(777)
|
(760)
|
(750)
|
(739)
|
(684)
|
(695)
|
(684)
|
(702)
|
(781)
|
(814)
|
(898)
|
(915)
|
(991)
|
(905)
|
(896)
|
(893)
|
(1 059)
|
(996)
|
(1 054)
|
(1 051)
|
(1 061)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
(7)
|
0
|
(14)
|
(17)
|
(11)
|
(15)
|
(13)
|
(14)
|
(14)
|
(15)
|
(14)
|
(13)
|
(17)
|
(16)
|
(16)
|
(14)
|
(9)
|
(9)
|
(8)
|
(9)
|
(51)
|
(5)
|
(4)
|
(2)
|
(37)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(37)
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
(0)
|
(10)
|
34
|
83
|
140
|
94
|
(5)
|
(29)
|
(79)
|
83
|
93
|
101
|
101
|
108
|
118
|
88
|
96
|
100
|
59
|
94
|
130
|
150
|
88
|
97
|
96
|
162
|
167
|
152
|
115
|
186
|
|
Operating Income |
629
N/A
|
845
+34%
|
785
-7%
|
774
-1%
|
740
-4%
|
731
-1%
|
710
-3%
|
709
0%
|
776
+9%
|
801
+3%
|
768
-4%
|
759
-1%
|
663
-13%
|
641
-3%
|
683
+7%
|
760
+11%
|
789
+4%
|
774
-2%
|
803
+4%
|
818
+2%
|
860
+5%
|
960
+12%
|
1 006
+5%
|
1 118
+11%
|
1 350
+21%
|
1 801
+33%
|
1 938
+8%
|
2 015
+4%
|
1 489
-26%
|
1 904
+28%
|
2 227
+17%
|
2 544
+14%
|
2 927
+15%
|
2 892
-1%
|
2 599
-10%
|
2 407
-7%
|
2 184
-9%
|
2 132
-2%
|
2 149
+1%
|
2 291
+7%
|
2 441
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(155)
|
(221)
|
(272)
|
(307)
|
(302)
|
(298)
|
(268)
|
(327)
|
(315)
|
(326)
|
(317)
|
(238)
|
(65)
|
(2)
|
(54)
|
(89)
|
(94)
|
(309)
|
(75)
|
109
|
(1)
|
89
|
(25)
|
(150)
|
(218)
|
(196)
|
(298)
|
(312)
|
(234)
|
(218)
|
(198)
|
(205)
|
(166)
|
(119)
|
(136)
|
(143)
|
(271)
|
(336)
|
(347)
|
(364)
|
(343)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
15
|
20
|
20
|
16
|
20
|
16
|
16
|
0
|
0
|
(0)
|
(0)
|
4
|
29
|
30
|
30
|
(15)
|
43
|
45
|
44
|
105
|
112
|
113
|
114
|
(4)
|
0
|
0
|
0
|
(93)
|
|
Gain/Loss on Disposition of Assets |
90
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
(2)
|
0
|
0
|
4
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
6
|
|
Total Other Income |
197
|
326
|
375
|
368
|
328
|
343
|
322
|
321
|
270
|
252
|
207
|
177
|
169
|
159
|
124
|
91
|
18
|
(2)
|
(4)
|
(4)
|
17
|
9
|
12
|
42
|
26
|
28
|
32
|
(13)
|
(14)
|
(16)
|
(44)
|
(33)
|
(198)
|
(177)
|
(153)
|
(155)
|
32
|
(2)
|
1
|
7
|
23
|
|
Pre-Tax Income |
761
N/A
|
950
+25%
|
889
-6%
|
835
-6%
|
796
-5%
|
777
-2%
|
764
-2%
|
703
-8%
|
730
+4%
|
727
0%
|
658
-9%
|
702
+7%
|
778
+11%
|
812
+4%
|
771
-5%
|
781
+1%
|
727
-7%
|
482
-34%
|
740
+53%
|
938
+27%
|
875
-7%
|
1 057
+21%
|
993
-6%
|
1 010
+2%
|
1 162
+15%
|
1 662
+43%
|
1 703
+2%
|
1 721
+1%
|
1 225
-29%
|
1 714
+40%
|
2 030
+18%
|
2 350
+16%
|
2 654
+13%
|
2 707
+2%
|
2 424
-10%
|
2 223
-8%
|
1 940
-13%
|
1 793
-8%
|
1 803
+1%
|
1 935
+7%
|
2 035
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(185)
|
(236)
|
(226)
|
(219)
|
(190)
|
(177)
|
(165)
|
(151)
|
(161)
|
(153)
|
(155)
|
(165)
|
(165)
|
(160)
|
(136)
|
(121)
|
(153)
|
(123)
|
(193)
|
(246)
|
(193)
|
(232)
|
(206)
|
(235)
|
(267)
|
(367)
|
(392)
|
(371)
|
(274)
|
(381)
|
(450)
|
(507)
|
(576)
|
(543)
|
(470)
|
(446)
|
(467)
|
(439)
|
(458)
|
(508)
|
(528)
|
|
Income from Continuing Operations |
576
|
713
|
663
|
615
|
606
|
600
|
599
|
552
|
569
|
574
|
504
|
537
|
613
|
652
|
635
|
661
|
574
|
359
|
547
|
692
|
682
|
825
|
787
|
776
|
895
|
1 295
|
1 310
|
1 350
|
951
|
1 333
|
1 580
|
1 844
|
2 078
|
2 165
|
1 953
|
1 777
|
1 473
|
1 354
|
1 345
|
1 426
|
1 507
|
|
Income to Minority Interest |
(76)
|
(94)
|
(83)
|
(80)
|
(85)
|
(81)
|
(76)
|
(79)
|
(85)
|
(85)
|
(84)
|
(78)
|
(82)
|
(88)
|
(87)
|
(95)
|
(74)
|
(78)
|
(108)
|
(129)
|
(159)
|
(156)
|
(152)
|
(153)
|
(177)
|
(187)
|
(171)
|
(170)
|
(138)
|
(157)
|
(174)
|
(169)
|
(162)
|
(152)
|
(147)
|
(150)
|
(155)
|
(164)
|
(176)
|
(197)
|
(164)
|
|
Net Income (Common) |
500
N/A
|
620
+24%
|
580
-6%
|
535
-8%
|
521
-3%
|
519
0%
|
522
+1%
|
473
-9%
|
484
+2%
|
489
+1%
|
419
-14%
|
459
+9%
|
531
+16%
|
564
+6%
|
549
-3%
|
566
+3%
|
501
-11%
|
282
-44%
|
438
+56%
|
563
+28%
|
523
-7%
|
669
+28%
|
635
-5%
|
622
-2%
|
718
+15%
|
1 108
+54%
|
1 140
+3%
|
1 180
+4%
|
813
-31%
|
1 176
+45%
|
1 406
+20%
|
1 675
+19%
|
1 916
+14%
|
2 013
+5%
|
1 806
-10%
|
1 627
-10%
|
1 318
-19%
|
1 190
-10%
|
1 169
-2%
|
1 229
+5%
|
1 343
+9%
|
|
EPS (Diluted) |
0.05
N/A
|
0.06
+20%
|
0.05
-17%
|
0.04
-20%
|
0.05
+25%
|
0.04
-20%
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.02
-50%
|
0.02
N/A
|
0.03
+50%
|
0.04
+33%
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.04
-33%
|
0.08
+100%
|
0.12
+50%
|
0.06
-50%
|
0.05
-17%
|
0.08
+60%
|
0.07
-13%
|
0.08
+14%
|
0.08
N/A
|
0.07
-13%
|
0.06
-14%
|
0.05
-17%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|