Zhejiang Wansheng Co Ltd
SSE:603010
Income Statement
Earnings Waterfall
Zhejiang Wansheng Co Ltd
Revenue
|
2.9B
CNY
|
Cost of Revenue
|
-2.3B
CNY
|
Gross Profit
|
527.2m
CNY
|
Operating Expenses
|
-313.4m
CNY
|
Operating Income
|
213.8m
CNY
|
Other Expenses
|
-30.1m
CNY
|
Net Income
|
183.8m
CNY
|
Income Statement
Zhejiang Wansheng Co Ltd
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 |
685
N/A
|
707
+3%
|
747
+6%
|
796
+7%
|
824
+4%
|
841
+2%
|
880
+5%
|
939
+7%
|
995
+6%
|
1 108
+11%
|
1 227
+11%
|
1 295
+6%
|
1 384
+7%
|
1 453
+5%
|
1 473
+1%
|
1 422
-4%
|
1 423
+0%
|
1 519
+7%
|
1 733
+14%
|
1 916
+11%
|
2 026
+6%
|
2 013
-1%
|
1 930
-4%
|
1 852
-4%
|
1 875
+1%
|
2 063
+10%
|
2 330
+13%
|
2 888
+24%
|
3 418
+18%
|
3 812
+12%
|
4 115
+8%
|
4 026
-2%
|
3 903
-3%
|
3 677
-6%
|
3 564
-3%
|
3 385
-5%
|
3 194
-6%
|
3 097
-3%
|
2 850
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(545)
|
(565)
|
(599)
|
(634)
|
(650)
|
(657)
|
(671)
|
(711)
|
(748)
|
(831)
|
(918)
|
(985)
|
(1 090)
|
(1 154)
|
(1 172)
|
(1 160)
|
(1 146)
|
(1 197)
|
(1 341)
|
(1 488)
|
(1 546)
|
(1 538)
|
(1 459)
|
(1 395)
|
(1 385)
|
(1 457)
|
(1 541)
|
(1 849)
|
(2 197)
|
(2 511)
|
(2 769)
|
(2 905)
|
(2 920)
|
(2 870)
|
(2 812)
|
(2 725)
|
(2 605)
|
(2 504)
|
(2 323)
|
|
Gross Profit |
139
N/A
|
142
+2%
|
148
+4%
|
162
+10%
|
174
+7%
|
185
+6%
|
209
+13%
|
228
+9%
|
247
+9%
|
277
+12%
|
308
+11%
|
310
+1%
|
294
-5%
|
299
+2%
|
302
+1%
|
262
-13%
|
277
+6%
|
322
+16%
|
392
+22%
|
427
+9%
|
480
+13%
|
475
-1%
|
471
-1%
|
457
-3%
|
489
+7%
|
606
+24%
|
789
+30%
|
1 039
+32%
|
1 221
+18%
|
1 302
+7%
|
1 345
+3%
|
1 121
-17%
|
983
-12%
|
807
-18%
|
752
-7%
|
660
-12%
|
589
-11%
|
593
+1%
|
527
-11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(72)
|
(86)
|
(87)
|
(96)
|
(104)
|
(116)
|
(120)
|
(130)
|
(131)
|
(144)
|
(141)
|
(142)
|
(146)
|
(168)
|
(151)
|
(163)
|
(203)
|
(221)
|
(320)
|
(345)
|
(345)
|
(285)
|
(354)
|
(344)
|
(355)
|
(316)
|
(361)
|
(359)
|
(360)
|
(350)
|
(216)
|
(244)
|
(269)
|
(343)
|
(382)
|
(360)
|
(330)
|
(313)
|
|
Selling, General & Administrative |
(66)
|
(71)
|
(67)
|
(85)
|
(93)
|
(99)
|
(91)
|
(119)
|
(130)
|
(132)
|
(109)
|
(136)
|
(128)
|
(127)
|
(131)
|
(119)
|
(131)
|
(150)
|
(165)
|
(175)
|
(189)
|
(192)
|
(200)
|
(199)
|
(196)
|
(208)
|
(214)
|
(257)
|
(251)
|
(243)
|
(215)
|
(83)
|
(96)
|
(99)
|
(188)
|
(211)
|
(199)
|
(202)
|
(187)
|
|
Research & Development |
0
|
0
|
(15)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
(8)
|
(37)
|
(28)
|
(34)
|
(36)
|
(43)
|
(55)
|
(68)
|
(85)
|
(78)
|
(87)
|
(93)
|
(94)
|
(89)
|
(105)
|
(109)
|
(117)
|
(123)
|
(137)
|
(141)
|
(135)
|
(117)
|
(129)
|
(126)
|
(127)
|
(103)
|
|
Depreciation & Amortization |
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(43)
|
|
Other Operating Expenses |
(1)
|
0
|
(1)
|
(2)
|
(2)
|
(5)
|
(1)
|
(1)
|
0
|
1
|
(1)
|
(3)
|
(13)
|
(11)
|
5
|
(4)
|
2
|
(17)
|
5
|
(89)
|
(86)
|
(68)
|
12
|
(68)
|
(55)
|
(53)
|
4
|
1
|
1
|
0
|
10
|
4
|
(7)
|
(36)
|
15
|
(42)
|
(35)
|
(2)
|
20
|
|
Operating Income |
73
N/A
|
70
-4%
|
62
-12%
|
75
+22%
|
79
+5%
|
81
+3%
|
94
+16%
|
108
+15%
|
117
+8%
|
146
+25%
|
164
+12%
|
169
+3%
|
153
-10%
|
153
+0%
|
133
-13%
|
110
-17%
|
114
+3%
|
118
+4%
|
171
+45%
|
108
-37%
|
136
+26%
|
130
-4%
|
186
+43%
|
103
-45%
|
146
+41%
|
251
+73%
|
473
+88%
|
678
+43%
|
862
+27%
|
942
+9%
|
995
+6%
|
906
-9%
|
740
-18%
|
538
-27%
|
409
-24%
|
278
-32%
|
229
-18%
|
263
+15%
|
214
-19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(10)
|
(12)
|
(12)
|
(7)
|
(2)
|
7
|
14
|
13
|
16
|
11
|
13
|
10
|
2
|
(6)
|
(17)
|
(28)
|
(19)
|
(1)
|
(1)
|
(2)
|
(10)
|
(24)
|
(11)
|
(8)
|
(11)
|
(16)
|
(25)
|
(26)
|
(27)
|
(21)
|
(22)
|
(23)
|
12
|
28
|
46
|
67
|
52
|
33
|
11
|
|
Non-Reccuring Items |
0
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(92)
|
0
|
0
|
0
|
(83)
|
0
|
(10)
|
(11)
|
(3)
|
(8)
|
(8)
|
(7)
|
(17)
|
(8)
|
(8)
|
(12)
|
(28)
|
(7)
|
(7)
|
(2)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(0)
|
0
|
0
|
(1)
|
(2)
|
0
|
(3)
|
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
|
(8)
|
0
|
0
|
0
|
(18)
|
|
Total Other Income |
2
|
1
|
2
|
1
|
1
|
2
|
1
|
(1)
|
3
|
5
|
6
|
9
|
4
|
1
|
(0)
|
(4)
|
20
|
67
|
67
|
67
|
47
|
24
|
80
|
80
|
79
|
56
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(5)
|
(13)
|
(17)
|
(18)
|
1
|
|
Pre-Tax Income |
65
N/A
|
58
-10%
|
51
-13%
|
70
+37%
|
78
+12%
|
89
+14%
|
107
+20%
|
120
+13%
|
134
+11%
|
159
+19%
|
181
+14%
|
188
+4%
|
159
-16%
|
148
-7%
|
116
-21%
|
78
-33%
|
115
+48%
|
183
+59%
|
146
-21%
|
173
+19%
|
173
+0%
|
130
-25%
|
173
+33%
|
176
+2%
|
204
+16%
|
280
+38%
|
444
+58%
|
643
+45%
|
826
+28%
|
912
+10%
|
955
+5%
|
874
-8%
|
743
-15%
|
553
-26%
|
414
-25%
|
325
-21%
|
257
-21%
|
276
+7%
|
203
-26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(9)
|
(9)
|
(15)
|
(18)
|
(22)
|
(22)
|
(22)
|
(22)
|
(25)
|
(32)
|
(33)
|
(31)
|
(29)
|
(25)
|
(19)
|
(23)
|
(37)
|
(42)
|
(50)
|
(48)
|
(29)
|
(20)
|
(16)
|
(20)
|
(38)
|
(61)
|
(88)
|
(113)
|
(124)
|
(130)
|
(126)
|
(113)
|
(89)
|
(72)
|
(53)
|
(37)
|
(41)
|
(31)
|
|
Income from Continuing Operations |
54
|
49
|
42
|
55
|
60
|
67
|
85
|
98
|
112
|
134
|
149
|
155
|
128
|
119
|
91
|
59
|
92
|
147
|
104
|
123
|
125
|
101
|
153
|
160
|
183
|
242
|
383
|
555
|
713
|
788
|
824
|
748
|
629
|
464
|
341
|
272
|
220
|
235
|
173
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
4
|
6
|
10
|
12
|
13
|
14
|
15
|
13
|
11
|
7
|
0
|
0
|
0
|
2
|
5
|
20
|
24
|
22
|
22
|
10
|
11
|
|
Net Income (Common) |
54
N/A
|
49
-10%
|
42
-14%
|
55
+31%
|
60
+9%
|
67
+13%
|
85
+26%
|
98
+16%
|
112
+14%
|
134
+20%
|
150
+11%
|
155
+3%
|
128
-17%
|
119
-7%
|
91
-23%
|
59
-35%
|
92
+56%
|
149
+62%
|
108
-28%
|
129
+20%
|
134
+4%
|
112
-16%
|
166
+48%
|
174
+5%
|
198
+14%
|
255
+29%
|
393
+54%
|
562
+43%
|
716
+27%
|
788
+10%
|
824
+5%
|
749
-9%
|
634
-15%
|
485
-24%
|
365
-25%
|
294
-19%
|
242
-18%
|
245
+1%
|
184
-25%
|
|
EPS (Diluted) |
0.17
N/A
|
0.11
-35%
|
0.1
-9%
|
0.14
+40%
|
0.14
N/A
|
0.15
+7%
|
0.2
+33%
|
0.21
+5%
|
0.23
+10%
|
0.27
+17%
|
0.3
+11%
|
0.3
N/A
|
0.25
-17%
|
0.23
-8%
|
0.18
-22%
|
0.12
-33%
|
0.19
+58%
|
0.31
+63%
|
0.22
-29%
|
0.27
+23%
|
0.28
+4%
|
0.23
-18%
|
0.34
+48%
|
0.35
+3%
|
0.4
+14%
|
0.53
+33%
|
0.81
+53%
|
1.16
+43%
|
1.47
+27%
|
1.61
+10%
|
1.7
+6%
|
1.51
-11%
|
1.06
-30%
|
0.79
-25%
|
0.65
-18%
|
0.5
-23%
|
0.41
-18%
|
0.42
+2%
|
0.31
-26%
|