China Shipbuilding Industry Co Ltd
SSE:601989
Income Statement
Earnings Waterfall
China Shipbuilding Industry Co Ltd
Revenue
|
50B
CNY
|
Cost of Revenue
|
-45.6B
CNY
|
Gross Profit
|
4.5B
CNY
|
Operating Expenses
|
-6.8B
CNY
|
Operating Income
|
-2.3B
CNY
|
Other Expenses
|
1.6B
CNY
|
Net Income
|
-713m
CNY
|
Income Statement
China Shipbuilding Industry Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
55 514
N/A
|
54 295
-2%
|
56 359
+4%
|
61 051
+8%
|
60 705
-1%
|
63 069
+4%
|
61 366
-3%
|
59 811
-3%
|
60 924
+2%
|
56 510
-7%
|
53 727
-5%
|
52 064
-3%
|
52 491
+1%
|
47 199
-10%
|
44 273
-6%
|
38 774
-12%
|
34 358
-11%
|
39 161
+14%
|
42 974
+10%
|
44 783
+4%
|
44 753
0%
|
42 138
-6%
|
39 014
-7%
|
38 216
-2%
|
36 664
-4%
|
38 671
+5%
|
38 669
0%
|
34 906
-10%
|
37 507
+7%
|
33 694
-10%
|
34 983
+4%
|
39 539
+13%
|
38 530
-3%
|
38 272
-1%
|
40 654
+6%
|
44 155
+9%
|
44 864
+2%
|
46 086
+3%
|
48 495
+5%
|
46 694
-4%
|
50 038
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(46 987)
|
(46 108)
|
(48 113)
|
(54 268)
|
(55 059)
|
(57 914)
|
(57 400)
|
(57 450)
|
(57 706)
|
(52 920)
|
(50 098)
|
(48 249)
|
(48 289)
|
(43 310)
|
(40 436)
|
(36 010)
|
(30 682)
|
(34 916)
|
(38 557)
|
(40 512)
|
(40 797)
|
(38 015)
|
(35 737)
|
(35 305)
|
(33 046)
|
(36 237)
|
(35 818)
|
(32 941)
|
(33 870)
|
(29 951)
|
(31 358)
|
(37 044)
|
(35 650)
|
(35 823)
|
(38 207)
|
(42 509)
|
(41 407)
|
(42 071)
|
(44 183)
|
(43 086)
|
(45 558)
|
|
Gross Profit |
8 529
N/A
|
8 188
-4%
|
8 246
+1%
|
6 783
-18%
|
5 646
-17%
|
5 155
-9%
|
3 966
-23%
|
2 361
-40%
|
3 219
+36%
|
3 591
+12%
|
3 629
+1%
|
3 815
+5%
|
4 200
+10%
|
3 887
-7%
|
3 836
-1%
|
2 765
-28%
|
3 676
+33%
|
4 245
+15%
|
4 416
+4%
|
4 271
-3%
|
3 955
-7%
|
4 122
+4%
|
3 277
-20%
|
2 912
-11%
|
3 620
+24%
|
2 436
-33%
|
2 854
+17%
|
1 966
-31%
|
3 638
+85%
|
3 744
+3%
|
3 626
-3%
|
2 495
-31%
|
2 880
+15%
|
2 449
-15%
|
2 447
0%
|
1 646
-33%
|
3 457
+110%
|
4 015
+16%
|
4 312
+7%
|
3 607
-16%
|
4 479
+24%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 654)
|
(5 559)
|
(5 551)
|
(6 094)
|
(5 727)
|
(5 985)
|
(6 231)
|
(6 716)
|
(7 671)
|
(7 407)
|
(6 802)
|
(4 911)
|
(4 709)
|
(5 378)
|
(5 322)
|
(4 431)
|
(5 665)
|
(4 991)
|
(4 998)
|
(5 789)
|
(6 151)
|
(6 340)
|
(6 244)
|
(4 797)
|
(4 922)
|
(4 701)
|
(4 915)
|
(4 550)
|
(6 166)
|
(6 173)
|
(6 156)
|
(4 831)
|
(5 377)
|
(5 855)
|
(6 374)
|
(6 074)
|
(7 783)
|
(7 551)
|
(7 451)
|
(6 015)
|
(6 775)
|
|
Selling, General & Administrative |
(5 467)
|
(5 406)
|
(5 406)
|
(4 855)
|
(5 221)
|
(5 412)
|
(5 441)
|
(5 319)
|
(5 605)
|
(5 339)
|
(4 950)
|
(3 646)
|
(3 907)
|
(3 888)
|
(3 762)
|
(3 421)
|
(3 388)
|
(3 153)
|
(3 218)
|
(4 479)
|
(3 729)
|
(4 029)
|
(3 919)
|
(3 967)
|
(3 909)
|
(3 713)
|
(3 853)
|
(3 726)
|
(4 034)
|
(3 999)
|
(3 912)
|
(3 578)
|
(3 798)
|
(4 219)
|
(4 534)
|
(4 540)
|
(4 649)
|
(4 469)
|
(4 539)
|
(4 412)
|
(4 497)
|
|
Research & Development |
0
|
0
|
0
|
(793)
|
0
|
0
|
0
|
(858)
|
0
|
0
|
0
|
(742)
|
0
|
0
|
(89)
|
(854)
|
0
|
(873)
|
(870)
|
(768)
|
(898)
|
(851)
|
(891)
|
(838)
|
(866)
|
(885)
|
(909)
|
(919)
|
(984)
|
(990)
|
(1 074)
|
(1 113)
|
(1 158)
|
(1 323)
|
(1 513)
|
(1 403)
|
(1 500)
|
(1 441)
|
(1 289)
|
(1 490)
|
(1 614)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(383)
|
0
|
0
|
0
|
(466)
|
0
|
0
|
0
|
(469)
|
0
|
0
|
0
|
(506)
|
0
|
0
|
0
|
(540)
|
0
|
0
|
0
|
(402)
|
0
|
0
|
0
|
(430)
|
0
|
0
|
0
|
(453)
|
0
|
0
|
0
|
(505)
|
0
|
0
|
0
|
(455)
|
0
|
|
Other Operating Expenses |
(187)
|
(155)
|
(145)
|
(63)
|
(504)
|
(571)
|
(790)
|
(72)
|
(2 067)
|
(2 069)
|
(1 852)
|
(54)
|
(803)
|
(1 490)
|
(1 472)
|
349
|
(2 277)
|
(966)
|
(909)
|
(1)
|
(1 524)
|
(1 460)
|
(1 432)
|
410
|
(147)
|
(105)
|
(153)
|
525
|
(1 148)
|
(1 185)
|
(1 170)
|
314
|
(421)
|
(312)
|
(328)
|
374
|
(1 634)
|
(1 641)
|
(1 622)
|
342
|
(664)
|
|
Operating Income |
2 873
N/A
|
2 628
-9%
|
2 695
+3%
|
689
-74%
|
(80)
N/A
|
(829)
-936%
|
(2 265)
-173%
|
(4 355)
-92%
|
(4 455)
-2%
|
(3 819)
+14%
|
(3 174)
+17%
|
(1 096)
+65%
|
(507)
+54%
|
(1 489)
-194%
|
(1 485)
+0%
|
(1 666)
-12%
|
(1 989)
-19%
|
(746)
+62%
|
(581)
+22%
|
(1 517)
-161%
|
(2 194)
-45%
|
(2 216)
-1%
|
(2 966)
-34%
|
(1 885)
+36%
|
(1 303)
+31%
|
(2 266)
-74%
|
(2 063)
+9%
|
(2 584)
-25%
|
(2 529)
+2%
|
(2 430)
+4%
|
(2 530)
-4%
|
(2 335)
+8%
|
(2 497)
-7%
|
(3 406)
-36%
|
(3 928)
-15%
|
(4 428)
-13%
|
(4 325)
+2%
|
(3 536)
+18%
|
(3 138)
+11%
|
(2 407)
+23%
|
(2 295)
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
355
|
393
|
(22)
|
1 132
|
1 208
|
970
|
1 134
|
778
|
924
|
1 760
|
1 707
|
450
|
1 373
|
1 200
|
1 829
|
599
|
2 136
|
1 534
|
997
|
1 154
|
1 903
|
2 078
|
2 728
|
1 460
|
1 493
|
1 707
|
1 258
|
1 385
|
1 543
|
1 461
|
1 607
|
1 418
|
1 346
|
1 652
|
1 593
|
1 974
|
1 784
|
1 858
|
1 864
|
1 659
|
1 608
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1 261
|
(9)
|
(65)
|
(68)
|
1 598
|
550
|
603
|
642
|
321
|
520
|
520
|
487
|
1 046
|
5
|
7
|
3
|
709
|
606
|
612
|
622
|
1 096
|
1 121
|
1 107
|
1 098
|
(66)
|
(12)
|
(3)
|
(2)
|
3
|
12
|
|
Gain/Loss on Disposition of Assets |
0
|
(12)
|
(11)
|
(4)
|
(11)
|
(14)
|
(15)
|
3
|
2
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(10)
|
0
|
|
Total Other Income |
502
|
504
|
455
|
808
|
1 084
|
1 016
|
801
|
642
|
345
|
299
|
328
|
479
|
352
|
213
|
15
|
(74)
|
(217)
|
(154)
|
(47)
|
28
|
19
|
45
|
47
|
48
|
17
|
10
|
0
|
115
|
110
|
92
|
53
|
(13)
|
(25)
|
(29)
|
17
|
38
|
24
|
10
|
10
|
2
|
(15)
|
|
Pre-Tax Income |
3 730
N/A
|
3 514
-6%
|
3 118
-11%
|
2 603
-17%
|
2 201
-15%
|
1 144
-48%
|
(343)
N/A
|
(2 931)
-755%
|
(3 182)
-9%
|
(1 758)
+45%
|
(1 137)
+35%
|
1 094
N/A
|
1 209
+11%
|
(140)
N/A
|
291
N/A
|
457
+57%
|
479
+5%
|
1 235
+158%
|
1 009
-18%
|
(24)
N/A
|
247
N/A
|
426
+72%
|
296
-31%
|
649
+119%
|
212
-67%
|
(542)
N/A
|
(802)
-48%
|
(391)
+51%
|
(270)
+31%
|
(264)
+2%
|
(247)
+6%
|
155
N/A
|
(55)
N/A
|
(676)
-1 136%
|
(1 220)
-81%
|
(2 493)
-104%
|
(2 530)
-1%
|
(1 672)
+34%
|
(1 266)
+24%
|
(754)
+40%
|
(690)
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(724)
|
(758)
|
(663)
|
(744)
|
(686)
|
(455)
|
(499)
|
(317)
|
(288)
|
(868)
|
(772)
|
(1 057)
|
(1 081)
|
(499)
|
(549)
|
(699)
|
(677)
|
(819)
|
(818)
|
(171)
|
(183)
|
(107)
|
(54)
|
(184)
|
(169)
|
(87)
|
(53)
|
(115)
|
(135)
|
(128)
|
(124)
|
(40)
|
12
|
(3)
|
(1)
|
110
|
115
|
58
|
30
|
(41)
|
(31)
|
|
Income from Continuing Operations |
3 006
|
2 755
|
2 454
|
1 859
|
1 514
|
688
|
(843)
|
(3 248)
|
(3 471)
|
(2 627)
|
(1 911)
|
37
|
125
|
(641)
|
(259)
|
(242)
|
(198)
|
416
|
191
|
(195)
|
64
|
320
|
242
|
465
|
44
|
(629)
|
(854)
|
(505)
|
(406)
|
(393)
|
(373)
|
115
|
(43)
|
(679)
|
(1 220)
|
(2 383)
|
(2 415)
|
(1 614)
|
(1 236)
|
(795)
|
(721)
|
|
Income to Minority Interest |
133
|
165
|
179
|
264
|
249
|
308
|
375
|
627
|
675
|
600
|
577
|
661
|
638
|
1 190
|
1 215
|
1 080
|
1 032
|
748
|
960
|
853
|
846
|
521
|
200
|
36
|
33
|
42
|
41
|
24
|
27
|
21
|
59
|
105
|
115
|
153
|
133
|
172
|
165
|
132
|
117
|
13
|
8
|
|
Net Income (Common) |
3 140
N/A
|
2 921
-7%
|
2 634
-10%
|
2 123
-19%
|
1 763
-17%
|
997
-43%
|
(468)
N/A
|
(2 621)
-460%
|
(2 796)
-7%
|
(2 027)
+28%
|
(1 333)
+34%
|
698
N/A
|
764
+9%
|
549
-28%
|
956
+74%
|
838
-12%
|
834
0%
|
1 164
+40%
|
1 151
-1%
|
658
-43%
|
910
+38%
|
840
-8%
|
441
-48%
|
501
+14%
|
76
-85%
|
(588)
N/A
|
(813)
-38%
|
(481)
+41%
|
(379)
+21%
|
(371)
+2%
|
(314)
+15%
|
220
N/A
|
72
-67%
|
(525)
N/A
|
(1 088)
-107%
|
(2 211)
-103%
|
(2 250)
-2%
|
(1 481)
+34%
|
(1 119)
+24%
|
(782)
+30%
|
(713)
+9%
|
|
EPS (Diluted) |
0.19
N/A
|
0.17
-11%
|
0.15
-12%
|
0.12
-20%
|
0.1
-17%
|
0.06
-40%
|
-0.02
N/A
|
-0.14
-600%
|
-0.15
-7%
|
-0.11
+27%
|
-0.08
+27%
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.06
+100%
|
0.04
-33%
|
0.05
+25%
|
0.06
+20%
|
0.05
-17%
|
0.03
-40%
|
0.03
N/A
|
0.03
N/A
|
0.01
-67%
|
0.02
+100%
|
0
N/A
|
-0.03
N/A
|
-0.04
-33%
|
-0.02
+50%
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
0.01
N/A
|
0
N/A
|
-0.02
N/A
|
-0.05
-150%
|
-0.1
-100%
|
-0.1
N/A
|
-0.06
+40%
|
-0.05
+17%
|
-0.03
+40%
|
-0.03
N/A
|