Ningbo Haitian Precision Machinery Co Ltd
SSE:601882
Income Statement
Earnings Waterfall
Ningbo Haitian Precision Machinery Co Ltd
Revenue
|
3.3B
CNY
|
Cost of Revenue
|
-2.4B
CNY
|
Gross Profit
|
949.1m
CNY
|
Operating Expenses
|
-333.8m
CNY
|
Operating Income
|
615.3m
CNY
|
Other Expenses
|
-5.9m
CNY
|
Net Income
|
609.5m
CNY
|
Income Statement
Ningbo Haitian Precision Machinery Co Ltd
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 |
1 012
N/A
|
1 008
0%
|
1 018
+1%
|
1 087
+7%
|
1 167
+7%
|
1 281
+10%
|
1 327
+4%
|
1 355
+2%
|
1 367
+1%
|
1 272
-7%
|
1 228
-3%
|
1 120
-9%
|
1 086
-3%
|
1 165
+7%
|
1 185
+2%
|
1 323
+12%
|
1 449
+10%
|
1 632
+13%
|
1 901
+16%
|
2 225
+17%
|
2 534
+14%
|
2 730
+8%
|
2 897
+6%
|
2 977
+3%
|
3 088
+4%
|
3 177
+3%
|
3 255
+2%
|
3 357
+3%
|
3 318
-1%
|
3 323
+0%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(752)
|
(772)
|
(766)
|
(825)
|
(888)
|
(976)
|
(1 016)
|
(1 049)
|
(1 064)
|
(986)
|
(962)
|
(871)
|
(852)
|
(924)
|
(928)
|
(1 034)
|
(1 107)
|
(1 281)
|
(1 458)
|
(1 697)
|
(1 936)
|
(2 056)
|
(2 158)
|
(2 215)
|
(2 294)
|
(2 347)
|
(2 368)
|
(2 414)
|
(2 344)
|
(2 374)
|
|
Gross Profit |
260
N/A
|
236
-9%
|
253
+7%
|
262
+4%
|
279
+7%
|
305
+9%
|
310
+2%
|
306
-1%
|
303
-1%
|
287
-6%
|
266
-7%
|
249
-7%
|
234
-6%
|
241
+3%
|
257
+7%
|
289
+12%
|
342
+18%
|
351
+3%
|
443
+26%
|
528
+19%
|
598
+13%
|
674
+13%
|
739
+10%
|
763
+3%
|
794
+4%
|
831
+5%
|
887
+7%
|
943
+6%
|
974
+3%
|
949
-3%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(194)
|
(178)
|
(189)
|
(179)
|
(180)
|
(187)
|
(181)
|
(184)
|
(181)
|
(192)
|
(180)
|
(185)
|
(189)
|
(179)
|
(200)
|
(205)
|
(230)
|
(210)
|
(248)
|
(269)
|
(270)
|
(293)
|
(315)
|
(319)
|
(325)
|
(329)
|
(353)
|
(362)
|
(369)
|
(334)
|
|
Selling, General & Administrative |
(156)
|
(122)
|
(155)
|
(162)
|
(148)
|
(137)
|
(163)
|
(162)
|
(165)
|
(140)
|
(129)
|
(112)
|
(111)
|
(127)
|
(129)
|
(136)
|
(151)
|
(149)
|
(138)
|
(150)
|
(152)
|
(191)
|
(189)
|
(188)
|
(188)
|
(221)
|
(203)
|
(218)
|
(232)
|
(257)
|
|
Research & Development |
0
|
(47)
|
0
|
0
|
(14)
|
(54)
|
0
|
0
|
(11)
|
(54)
|
(35)
|
(49)
|
(57)
|
(60)
|
(61)
|
(62)
|
(62)
|
(69)
|
(77)
|
(91)
|
(97)
|
(112)
|
(119)
|
(121)
|
(128)
|
(117)
|
(121)
|
(129)
|
(130)
|
(134)
|
|
Depreciation & Amortization |
0
|
(8)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
|
Other Operating Expenses |
(39)
|
(1)
|
(34)
|
(17)
|
(17)
|
9
|
(18)
|
(22)
|
(6)
|
9
|
(16)
|
(24)
|
(22)
|
13
|
(10)
|
(8)
|
(17)
|
12
|
(33)
|
(28)
|
(21)
|
14
|
(7)
|
(10)
|
(9)
|
14
|
(28)
|
(15)
|
(7)
|
64
|
|
Operating Income |
65
N/A
|
58
-11%
|
63
+9%
|
83
+30%
|
100
+21%
|
119
+19%
|
129
+9%
|
122
-5%
|
122
0%
|
95
-22%
|
87
-9%
|
64
-26%
|
45
-30%
|
62
+39%
|
58
-8%
|
84
+47%
|
112
+33%
|
141
+26%
|
195
+38%
|
258
+32%
|
328
+27%
|
381
+16%
|
425
+11%
|
444
+5%
|
469
+6%
|
502
+7%
|
534
+7%
|
581
+9%
|
605
+4%
|
615
+2%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(15)
|
(13)
|
(13)
|
(12)
|
(10)
|
(10)
|
(10)
|
(6)
|
(3)
|
1
|
4
|
5
|
9
|
9
|
14
|
15
|
7
|
2
|
2
|
1
|
9
|
18
|
16
|
37
|
48
|
40
|
39
|
33
|
20
|
35
|
|
Non-Reccuring Items |
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
2
|
1
|
1
|
1
|
0
|
0
|
(0)
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
|
Total Other Income |
22
|
24
|
20
|
10
|
9
|
12
|
8
|
12
|
15
|
23
|
25
|
31
|
30
|
19
|
18
|
9
|
9
|
9
|
10
|
10
|
10
|
12
|
24
|
40
|
42
|
41
|
42
|
50
|
48
|
47
|
|
Pre-Tax Income |
73
N/A
|
69
-5%
|
70
+1%
|
81
+15%
|
98
+21%
|
122
+24%
|
126
+4%
|
129
+2%
|
134
+4%
|
119
-11%
|
115
-3%
|
100
-13%
|
84
-16%
|
90
+8%
|
90
-1%
|
108
+21%
|
128
+18%
|
152
+19%
|
207
+36%
|
270
+31%
|
348
+29%
|
412
+18%
|
467
+13%
|
522
+12%
|
560
+7%
|
583
+4%
|
615
+6%
|
664
+8%
|
674
+1%
|
697
+3%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(5)
|
(5)
|
(7)
|
(10)
|
(18)
|
(20)
|
(20)
|
(23)
|
(17)
|
(17)
|
(16)
|
(13)
|
(14)
|
(12)
|
(13)
|
(14)
|
(14)
|
(18)
|
(27)
|
(37)
|
(41)
|
(48)
|
(54)
|
(62)
|
(62)
|
(69)
|
(78)
|
(79)
|
(87)
|
|
Income from Continuing Operations |
66
|
64
|
66
|
74
|
88
|
104
|
107
|
108
|
111
|
102
|
99
|
84
|
71
|
77
|
77
|
95
|
115
|
138
|
189
|
243
|
312
|
371
|
419
|
468
|
498
|
521
|
546
|
586
|
594
|
609
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
65
N/A
|
63
-3%
|
65
+2%
|
73
+13%
|
88
+20%
|
103
+17%
|
106
+3%
|
107
+1%
|
110
+2%
|
102
-7%
|
99
-3%
|
84
-15%
|
71
-16%
|
77
+8%
|
77
+1%
|
95
+23%
|
115
+21%
|
138
+21%
|
189
+37%
|
243
+29%
|
312
+28%
|
371
+19%
|
419
+13%
|
468
+12%
|
498
+6%
|
521
+5%
|
546
+5%
|
586
+7%
|
594
+1%
|
609
+3%
|
|
EPS (Diluted) |
0.14
N/A
|
0.13
-7%
|
0.13
N/A
|
0.14
+8%
|
0.16
+14%
|
0.2
+25%
|
0.2
N/A
|
0.2
N/A
|
0.21
+5%
|
0.19
-10%
|
0.19
N/A
|
0.17
-11%
|
0.14
-18%
|
0.15
+7%
|
0.15
N/A
|
0.18
+20%
|
0.22
+22%
|
0.26
+18%
|
0.36
+38%
|
0.47
+31%
|
0.59
+26%
|
0.71
+20%
|
0.8
+13%
|
0.9
+13%
|
0.95
+6%
|
1
+5%
|
1.05
+5%
|
1.12
+7%
|
1.14
+2%
|
1.17
+3%
|