Southern Publishing and Media Co Ltd
SSE:601900
Income Statement
Earnings Waterfall
Southern Publishing and Media Co Ltd
Revenue
|
9.2B
CNY
|
Cost of Revenue
|
-6.3B
CNY
|
Gross Profit
|
2.9B
CNY
|
Operating Expenses
|
-1.8B
CNY
|
Operating Income
|
1.1B
CNY
|
Other Expenses
|
-52.7m
CNY
|
Net Income
|
1.1B
CNY
|
Income Statement
Southern Publishing and Media Co Ltd
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 |
4 491
N/A
|
4 602
+2%
|
4 685
+2%
|
4 765
+2%
|
4 972
+4%
|
4 918
-1%
|
4 818
-2%
|
4 896
+2%
|
4 953
+1%
|
5 251
+6%
|
5 358
+2%
|
5 394
+1%
|
5 394
+0%
|
5 597
+4%
|
5 793
+4%
|
5 917
+2%
|
6 317
+7%
|
6 525
+3%
|
6 493
0%
|
6 442
-1%
|
6 591
+2%
|
6 897
+5%
|
7 163
+4%
|
7 601
+6%
|
8 171
+7%
|
8 496
+4%
|
8 288
-2%
|
8 273
0%
|
8 331
+1%
|
9 055
+9%
|
9 397
+4%
|
9 749
+4%
|
9 231
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 158)
|
(3 239)
|
(3 321)
|
(3 395)
|
(3 623)
|
(3 497)
|
(3 382)
|
(3 426)
|
(3 412)
|
(3 667)
|
(3 775)
|
(3 752)
|
(3 720)
|
(3 839)
|
(4 027)
|
(4 148)
|
(4 458)
|
(4 630)
|
(4 613)
|
(4 552)
|
(4 607)
|
(4 790)
|
(4 934)
|
(5 264)
|
(5 604)
|
(5 818)
|
(5 868)
|
(5 870)
|
(5 926)
|
(6 248)
|
(6 499)
|
(6 688)
|
(6 346)
|
|
Gross Profit |
1 333
N/A
|
1 363
+2%
|
1 365
+0%
|
1 370
+0%
|
1 349
-2%
|
1 421
+5%
|
1 437
+1%
|
1 470
+2%
|
1 542
+5%
|
1 584
+3%
|
1 583
0%
|
1 642
+4%
|
1 674
+2%
|
1 759
+5%
|
1 767
+0%
|
1 769
+0%
|
1 859
+5%
|
1 896
+2%
|
1 880
-1%
|
1 890
+1%
|
1 984
+5%
|
2 107
+6%
|
2 229
+6%
|
2 337
+5%
|
2 567
+10%
|
2 678
+4%
|
2 420
-10%
|
2 403
-1%
|
2 404
+0%
|
2 807
+17%
|
2 898
+3%
|
3 061
+6%
|
2 884
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 004)
|
(1 003)
|
(1 042)
|
(1 064)
|
(1 065)
|
(1 060)
|
(1 112)
|
(1 092)
|
(1 113)
|
(979)
|
(997)
|
(1 070)
|
(1 077)
|
(1 101)
|
(1 167)
|
(1 189)
|
(1 246)
|
(1 291)
|
(1 286)
|
(1 306)
|
(1 348)
|
(1 381)
|
(1 459)
|
(1 533)
|
(1 579)
|
(1 760)
|
(1 574)
|
(1 514)
|
(1 611)
|
(1 674)
|
(1 727)
|
(1 826)
|
(1 752)
|
|
Selling, General & Administrative |
(952)
|
(982)
|
(1 035)
|
(1 041)
|
(1 033)
|
(1 046)
|
(1 065)
|
(1 098)
|
(1 118)
|
(1 106)
|
(1 137)
|
(1 159)
|
(1 182)
|
(1 175)
|
(1 252)
|
(1 278)
|
(1 338)
|
(1 320)
|
(1 376)
|
(1 395)
|
(1 438)
|
(1 397)
|
(1 534)
|
(1 606)
|
(1 680)
|
(1 703)
|
(1 658)
|
(1 598)
|
(1 667)
|
(1 651)
|
(1 820)
|
(1 931)
|
(1 856)
|
|
Research & Development |
(4)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
0
|
(8)
|
(11)
|
(12)
|
(14)
|
(7)
|
(8)
|
(7)
|
(8)
|
|
Depreciation & Amortization |
(32)
|
(60)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(134)
|
0
|
0
|
0
|
(134)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(16)
|
44
|
(8)
|
(23)
|
(32)
|
49
|
(48)
|
6
|
5
|
190
|
140
|
89
|
105
|
138
|
85
|
89
|
92
|
97
|
89
|
89
|
90
|
93
|
76
|
75
|
101
|
85
|
95
|
96
|
70
|
118
|
101
|
113
|
112
|
|
Operating Income |
329
N/A
|
360
+9%
|
323
-10%
|
306
-5%
|
284
-7%
|
362
+27%
|
325
-10%
|
379
+17%
|
428
+13%
|
605
+41%
|
586
-3%
|
572
-2%
|
597
+4%
|
658
+10%
|
599
-9%
|
580
-3%
|
612
+6%
|
604
-1%
|
594
-2%
|
584
-2%
|
635
+9%
|
726
+14%
|
770
+6%
|
804
+4%
|
989
+23%
|
919
-7%
|
846
-8%
|
889
+5%
|
793
-11%
|
1 133
+43%
|
1 172
+3%
|
1 235
+5%
|
1 132
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
35
|
15
|
54
|
68
|
80
|
22
|
67
|
73
|
79
|
17
|
78
|
52
|
38
|
(1)
|
159
|
208
|
163
|
128
|
(21)
|
(51)
|
9
|
56
|
55
|
64
|
152
|
202
|
141
|
131
|
(25)
|
(16)
|
78
|
101
|
148
|
|
Non-Reccuring Items |
(22)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
38
|
(0)
|
0
|
0
|
4
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
4
|
3
|
3
|
2
|
|
Gain/Loss on Disposition of Assets |
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
67
|
78
|
83
|
91
|
96
|
121
|
116
|
91
|
64
|
(5)
|
24
|
35
|
34
|
(7)
|
(0)
|
(2)
|
(3)
|
17
|
13
|
14
|
12
|
(4)
|
(5)
|
(6)
|
(4)
|
(8)
|
(8)
|
(9)
|
(8)
|
(7)
|
(8)
|
(6)
|
(6)
|
|
Pre-Tax Income |
407
N/A
|
451
+11%
|
459
+2%
|
465
+1%
|
460
-1%
|
505
+10%
|
507
+1%
|
543
+7%
|
571
+5%
|
655
+15%
|
689
+5%
|
659
-4%
|
668
+1%
|
653
-2%
|
759
+16%
|
787
+4%
|
774
-2%
|
747
-3%
|
586
-21%
|
547
-7%
|
656
+20%
|
777
+18%
|
821
+6%
|
863
+5%
|
1 138
+32%
|
1 114
-2%
|
980
-12%
|
1 012
+3%
|
763
-25%
|
1 114
+46%
|
1 245
+12%
|
1 333
+7%
|
1 276
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(6)
|
(5)
|
(5)
|
(6)
|
10
|
10
|
8
|
10
|
(5)
|
(5)
|
(3)
|
(4)
|
(7)
|
(7)
|
(9)
|
(55)
|
(77)
|
(60)
|
(60)
|
(48)
|
(52)
|
(60)
|
(74)
|
(43)
|
|
Income from Continuing Operations |
406
|
450
|
458
|
463
|
458
|
503
|
505
|
542
|
569
|
650
|
684
|
654
|
662
|
663
|
768
|
795
|
783
|
742
|
581
|
544
|
653
|
770
|
814
|
854
|
1 082
|
1 037
|
920
|
953
|
714
|
1 062
|
1 185
|
1 259
|
1 232
|
|
Income to Minority Interest |
(43)
|
(73)
|
(75)
|
(73)
|
(76)
|
(80)
|
(83)
|
(88)
|
(48)
|
(38)
|
(16)
|
(7)
|
(13)
|
(8)
|
(6)
|
(6)
|
(4)
|
(9)
|
(10)
|
(4)
|
(6)
|
(9)
|
(9)
|
(16)
|
(52)
|
(68)
|
(48)
|
(52)
|
(60)
|
(119)
|
(149)
|
(180)
|
(153)
|
|
Net Income (Common) |
363
N/A
|
377
+4%
|
382
+1%
|
390
+2%
|
382
-2%
|
422
+11%
|
423
+0%
|
453
+7%
|
521
+15%
|
611
+17%
|
668
+9%
|
647
-3%
|
649
+0%
|
655
+1%
|
763
+16%
|
790
+4%
|
779
-1%
|
733
-6%
|
572
-22%
|
540
-6%
|
647
+20%
|
760
+18%
|
805
+6%
|
838
+4%
|
1 030
+23%
|
969
-6%
|
872
-10%
|
901
+3%
|
654
-27%
|
943
+44%
|
1 036
+10%
|
1 079
+4%
|
1 080
+0%
|
|
EPS (Diluted) |
0.56
N/A
|
0.58
+4%
|
0.55
-5%
|
0.47
-15%
|
0.46
-2%
|
0.53
+15%
|
0.52
-2%
|
0.55
+6%
|
0.64
+16%
|
0.72
+13%
|
0.74
+3%
|
0.72
-3%
|
0.72
N/A
|
0.73
+1%
|
0.85
+16%
|
0.88
+4%
|
0.87
-1%
|
0.82
-6%
|
0.64
-22%
|
0.6
-6%
|
0.72
+20%
|
0.85
+18%
|
0.9
+6%
|
0.94
+4%
|
1.15
+22%
|
1.08
-6%
|
0.97
-10%
|
1
+3%
|
0.73
-27%
|
1.06
+45%
|
1.18
+11%
|
1.23
+4%
|
1.19
-3%
|