Zhejiang Aokang Shoes Co Ltd
SSE:603001
Income Statement
Earnings Waterfall
Zhejiang Aokang Shoes Co Ltd
Revenue
|
3B
CNY
|
Cost of Revenue
|
-1.7B
CNY
|
Gross Profit
|
1.3B
CNY
|
Operating Expenses
|
-1.6B
CNY
|
Operating Income
|
-296.4m
CNY
|
Other Expenses
|
-31.1m
CNY
|
Net Income
|
-327.6m
CNY
|
Income Statement
Zhejiang Aokang Shoes Co Ltd
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 084
N/A
|
2 796
-9%
|
2 703
-3%
|
2 755
+2%
|
2 808
+2%
|
2 965
+6%
|
3 065
+3%
|
3 141
+2%
|
3 220
+3%
|
3 319
+3%
|
3 366
+1%
|
3 294
-2%
|
3 255
-1%
|
3 250
0%
|
3 243
0%
|
3 242
0%
|
3 235
0%
|
3 262
+1%
|
3 248
0%
|
3 240
0%
|
3 170
-2%
|
3 043
-4%
|
2 911
-4%
|
2 796
-4%
|
2 835
+1%
|
2 727
-4%
|
2 430
-11%
|
2 400
-1%
|
2 318
-3%
|
2 738
+18%
|
3 142
+15%
|
3 261
+4%
|
3 316
+2%
|
2 959
-11%
|
2 883
-3%
|
2 902
+1%
|
2 923
+1%
|
2 754
-6%
|
2 883
+5%
|
2 933
+2%
|
2 972
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 881)
|
(1 691)
|
(1 643)
|
(1 725)
|
(1 794)
|
(1 934)
|
(2 018)
|
(2 069)
|
(2 127)
|
(2 197)
|
(2 253)
|
(2 168)
|
(2 126)
|
(2 048)
|
(2 048)
|
(2 076)
|
(2 066)
|
(2 105)
|
(2 109)
|
(2 118)
|
(2 066)
|
(1 978)
|
(1 898)
|
(1 806)
|
(1 836)
|
(1 798)
|
(1 636)
|
(1 642)
|
(1 619)
|
(1 630)
|
(1 837)
|
(1 847)
|
(1 826)
|
(1 727)
|
(1 677)
|
(1 692)
|
(1 684)
|
(1 613)
|
(1 680)
|
(1 682)
|
(1 715)
|
|
Gross Profit |
1 203
N/A
|
1 105
-8%
|
1 059
-4%
|
1 031
-3%
|
1 014
-2%
|
1 031
+2%
|
1 047
+2%
|
1 072
+2%
|
1 093
+2%
|
1 122
+3%
|
1 113
-1%
|
1 127
+1%
|
1 129
+0%
|
1 202
+6%
|
1 195
-1%
|
1 166
-2%
|
1 169
+0%
|
1 157
-1%
|
1 139
-2%
|
1 122
-1%
|
1 104
-2%
|
1 065
-4%
|
1 013
-5%
|
990
-2%
|
999
+1%
|
928
-7%
|
794
-14%
|
758
-5%
|
699
-8%
|
1 108
+59%
|
1 306
+18%
|
1 414
+8%
|
1 490
+5%
|
1 231
-17%
|
1 206
-2%
|
1 210
+0%
|
1 239
+2%
|
1 141
-8%
|
1 203
+5%
|
1 251
+4%
|
1 257
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(731)
|
(785)
|
(775)
|
(788)
|
(796)
|
(754)
|
(751)
|
(714)
|
(699)
|
(625)
|
(642)
|
(657)
|
(674)
|
(802)
|
(795)
|
(809)
|
(844)
|
(905)
|
(857)
|
(853)
|
(839)
|
(834)
|
(844)
|
(839)
|
(880)
|
(820)
|
(839)
|
(843)
|
(768)
|
(1 104)
|
(1 251)
|
(1 327)
|
(1 453)
|
(1 186)
|
(1 260)
|
(1 310)
|
(1 432)
|
(1 481)
|
(1 501)
|
(1 577)
|
(1 553)
|
|
Selling, General & Administrative |
(716)
|
(683)
|
(715)
|
(703)
|
(688)
|
(637)
|
(651)
|
(658)
|
(666)
|
(496)
|
(698)
|
(696)
|
(710)
|
(647)
|
(774)
|
(793)
|
(803)
|
(739)
|
(821)
|
(819)
|
(806)
|
(677)
|
(760)
|
(741)
|
(791)
|
(626)
|
(685)
|
(682)
|
(616)
|
(1 028)
|
(1 247)
|
(1 334)
|
(1 460)
|
(1 017)
|
(1 176)
|
(1 221)
|
(1 328)
|
(1 171)
|
(1 454)
|
(1 533)
|
(1 520)
|
|
Research & Development |
0
|
(32)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
(9)
|
(39)
|
0
|
0
|
(12)
|
(38)
|
(30)
|
(46)
|
(46)
|
(46)
|
(44)
|
(37)
|
(35)
|
(32)
|
(35)
|
(36)
|
(36)
|
(42)
|
(44)
|
(46)
|
(48)
|
(45)
|
(48)
|
(47)
|
(45)
|
|
Depreciation & Amortization |
0
|
(65)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(110)
|
0
|
0
|
0
|
(128)
|
0
|
0
|
0
|
(134)
|
0
|
0
|
0
|
(126)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(135)
|
0
|
0
|
0
|
(271)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(15)
|
(6)
|
(61)
|
(85)
|
(108)
|
(7)
|
(101)
|
(56)
|
(33)
|
(6)
|
57
|
39
|
37
|
(7)
|
(21)
|
(16)
|
(33)
|
1
|
(36)
|
(34)
|
(22)
|
15
|
(55)
|
(53)
|
(44)
|
(23)
|
(110)
|
(124)
|
(116)
|
16
|
31
|
43
|
44
|
8
|
(40)
|
(43)
|
(57)
|
6
|
0
|
4
|
11
|
|
Operating Income |
472
N/A
|
320
-32%
|
284
-11%
|
243
-14%
|
217
-11%
|
278
+28%
|
296
+7%
|
358
+21%
|
394
+10%
|
497
+26%
|
472
-5%
|
470
0%
|
456
-3%
|
400
-12%
|
400
0%
|
357
-11%
|
324
-9%
|
253
-22%
|
282
+11%
|
269
-5%
|
265
-1%
|
231
-13%
|
170
-27%
|
151
-11%
|
119
-21%
|
109
-9%
|
(44)
N/A
|
(86)
-94%
|
(68)
+21%
|
5
N/A
|
55
+1 116%
|
87
+59%
|
37
-57%
|
45
+22%
|
(53)
N/A
|
(100)
-88%
|
(193)
-92%
|
(340)
-76%
|
(298)
+13%
|
(326)
-9%
|
(296)
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
34
|
42
|
36
|
39
|
42
|
50
|
45
|
48
|
38
|
31
|
17
|
15
|
18
|
34
|
(18)
|
(30)
|
(31)
|
19
|
4
|
8
|
(1)
|
(37)
|
(43)
|
(59)
|
(26)
|
48
|
14
|
42
|
18
|
42
|
37
|
33
|
41
|
56
|
47
|
43
|
46
|
2
|
(15)
|
(11)
|
(12)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
(0)
|
(0)
|
(0)
|
(103)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(2)
|
(2)
|
(69)
|
(2)
|
(0)
|
(0)
|
(10)
|
0
|
1
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(1)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
15
|
14
|
19
|
20
|
20
|
23
|
18
|
14
|
16
|
23
|
23
|
25
|
27
|
17
|
20
|
21
|
18
|
21
|
11
|
9
|
8
|
12
|
11
|
10
|
12
|
11
|
10
|
8
|
7
|
7
|
10
|
12
|
11
|
11
|
9
|
9
|
10
|
9
|
9
|
7
|
7
|
|
Pre-Tax Income |
520
N/A
|
375
-28%
|
339
-10%
|
301
-11%
|
279
-7%
|
350
+26%
|
360
+3%
|
419
+17%
|
448
+7%
|
511
+14%
|
510
0%
|
509
0%
|
500
-2%
|
399
-20%
|
401
+0%
|
347
-13%
|
311
-10%
|
291
-6%
|
296
+2%
|
285
-4%
|
271
-5%
|
187
-31%
|
137
-26%
|
102
-26%
|
104
+2%
|
65
-38%
|
(20)
N/A
|
(35)
-74%
|
(43)
-22%
|
54
N/A
|
101
+89%
|
130
+28%
|
87
-33%
|
43
-51%
|
1
-99%
|
(49)
N/A
|
(138)
-183%
|
(339)
-146%
|
(304)
+11%
|
(329)
-8%
|
(301)
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(116)
|
(101)
|
(91)
|
(82)
|
(77)
|
(92)
|
(93)
|
(102)
|
(105)
|
(121)
|
(116)
|
(125)
|
(124)
|
(94)
|
(94)
|
(78)
|
(70)
|
(66)
|
(65)
|
(66)
|
(64)
|
(50)
|
(42)
|
(39)
|
(35)
|
(44)
|
(36)
|
(20)
|
(32)
|
(28)
|
(29)
|
(40)
|
(24)
|
(8)
|
(3)
|
3
|
(8)
|
(32)
|
(39)
|
(37)
|
(29)
|
|
Income from Continuing Operations |
404
|
274
|
249
|
220
|
202
|
258
|
267
|
318
|
343
|
390
|
394
|
384
|
375
|
305
|
307
|
269
|
241
|
225
|
231
|
219
|
206
|
136
|
96
|
63
|
69
|
21
|
(56)
|
(56)
|
(76)
|
25
|
72
|
90
|
63
|
34
|
(3)
|
(46)
|
(145)
|
(372)
|
(343)
|
(366)
|
(330)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
1
|
0
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
2
|
3
|
1
|
1
|
1
|
(0)
|
2
|
1
|
2
|
2
|
2
|
2
|
2
|
|
Net Income (Common) |
404
N/A
|
274
-32%
|
249
-9%
|
220
-12%
|
202
-8%
|
258
+28%
|
267
+3%
|
318
+19%
|
343
+8%
|
390
+14%
|
394
+1%
|
384
-3%
|
376
-2%
|
305
-19%
|
306
+0%
|
269
-12%
|
241
-10%
|
227
-6%
|
232
+2%
|
219
-5%
|
207
-6%
|
137
-34%
|
97
-29%
|
65
-33%
|
71
+9%
|
23
-68%
|
(54)
N/A
|
(54)
0%
|
(74)
-37%
|
28
N/A
|
72
+159%
|
90
+25%
|
64
-29%
|
34
-47%
|
(1)
N/A
|
(45)
-3 597%
|
(144)
-220%
|
(370)
-157%
|
(341)
+8%
|
(363)
-7%
|
(328)
+10%
|
|
EPS (Diluted) |
1
N/A
|
0.68
-32%
|
0.62
-9%
|
0.54
-13%
|
0.5
-7%
|
0.64
+28%
|
0.66
+3%
|
0.79
+20%
|
0.85
+8%
|
0.97
+14%
|
0.98
+1%
|
0.96
-2%
|
0.94
-2%
|
0.76
-19%
|
0.76
N/A
|
0.66
-13%
|
0.59
-11%
|
0.56
-5%
|
0.58
+4%
|
0.55
-5%
|
0.52
-5%
|
0.34
-35%
|
0.24
-29%
|
0.16
-33%
|
0.18
+13%
|
0.06
-67%
|
-0.13
N/A
|
-0.13
N/A
|
-0.18
-38%
|
0.07
N/A
|
0.19
+171%
|
0.24
+26%
|
0.17
-29%
|
0.08
-53%
|
0
N/A
|
-0.11
N/A
|
-0.36
-227%
|
-0.92
-156%
|
-0.85
+8%
|
-0.91
-7%
|
-0.82
+10%
|