Zhe Jiang Taihua New Material Co Ltd
SSE:603055
Income Statement
Earnings Waterfall
Zhe Jiang Taihua New Material Co Ltd
Revenue
|
5.1B
CNY
|
Cost of Revenue
|
-4.1B
CNY
|
Gross Profit
|
1B
CNY
|
Operating Expenses
|
-445.6m
CNY
|
Operating Income
|
592.2m
CNY
|
Other Expenses
|
-143.1m
CNY
|
Net Income
|
449.1m
CNY
|
Income Statement
Zhe Jiang Taihua New Material Co Ltd
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 |
2 474
N/A
|
2 638
+7%
|
2 729
+3%
|
2 800
+3%
|
2 902
+4%
|
2 971
+2%
|
2 974
+0%
|
2 917
-2%
|
2 787
-4%
|
2 689
-4%
|
2 691
+0%
|
2 606
-3%
|
2 465
-5%
|
2 385
-3%
|
2 501
+5%
|
2 772
+11%
|
3 275
+18%
|
3 899
+19%
|
4 257
+9%
|
4 463
+5%
|
4 466
+0%
|
4 198
-6%
|
4 009
-5%
|
4 034
+1%
|
4 157
+3%
|
4 515
+9%
|
5 094
+13%
|
|
Gross Profit | ||||||||||||||||||||||||||||
Cost of Revenue |
(1 798)
|
(1 925)
|
(1 992)
|
(2 064)
|
(2 142)
|
(2 192)
|
(2 246)
|
(2 202)
|
(2 133)
|
(2 063)
|
(2 091)
|
(2 026)
|
(1 938)
|
(1 872)
|
(2 000)
|
(2 147)
|
(2 491)
|
(2 969)
|
(3 222)
|
(3 360)
|
(3 424)
|
(3 261)
|
(3 214)
|
(3 247)
|
(3 355)
|
(3 607)
|
(4 056)
|
|
Gross Profit |
676
N/A
|
714
+6%
|
737
+3%
|
736
0%
|
760
+3%
|
779
+3%
|
728
-7%
|
715
-2%
|
654
-8%
|
626
-4%
|
600
-4%
|
581
-3%
|
527
-9%
|
513
-3%
|
501
-2%
|
625
+25%
|
784
+25%
|
930
+19%
|
1 035
+11%
|
1 103
+7%
|
1 043
-5%
|
937
-10%
|
795
-15%
|
787
-1%
|
802
+2%
|
908
+13%
|
1 038
+14%
|
|
Operating Income | ||||||||||||||||||||||||||||
Operating Expenses |
(218)
|
(250)
|
(263)
|
(266)
|
(271)
|
(265)
|
(314)
|
(335)
|
(349)
|
(369)
|
(350)
|
(358)
|
(368)
|
(361)
|
(315)
|
(356)
|
(366)
|
(423)
|
(478)
|
(523)
|
(517)
|
(485)
|
(449)
|
(475)
|
(480)
|
(481)
|
(446)
|
|
Selling, General & Administrative |
(207)
|
(175)
|
(168)
|
(174)
|
(191)
|
(229)
|
(197)
|
(229)
|
(199)
|
(204)
|
(198)
|
(202)
|
(200)
|
(193)
|
(173)
|
(181)
|
(196)
|
(219)
|
(245)
|
(265)
|
(278)
|
(281)
|
(271)
|
(276)
|
(277)
|
(270)
|
(283)
|
|
Research & Development |
0
|
0
|
(87)
|
0
|
0
|
(60)
|
(96)
|
(95)
|
(133)
|
(143)
|
(131)
|
(145)
|
(136)
|
(136)
|
(123)
|
(142)
|
(165)
|
(186)
|
(197)
|
(240)
|
(249)
|
(246)
|
(216)
|
(229)
|
(235)
|
(247)
|
(260)
|
|
Depreciation & Amortization |
0
|
0
|
(15)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(64)
|
|
Other Operating Expenses |
(11)
|
(75)
|
7
|
(92)
|
(80)
|
23
|
7
|
(11)
|
(17)
|
(22)
|
13
|
(11)
|
(32)
|
(31)
|
21
|
(32)
|
(4)
|
(18)
|
13
|
(18)
|
11
|
42
|
93
|
30
|
32
|
37
|
162
|
|
Operating Income |
458
N/A
|
464
+1%
|
474
+2%
|
470
-1%
|
489
+4%
|
514
+5%
|
414
-19%
|
380
-8%
|
305
-20%
|
257
-16%
|
250
-3%
|
223
-11%
|
159
-29%
|
152
-4%
|
186
+23%
|
269
+44%
|
418
+55%
|
507
+22%
|
557
+10%
|
580
+4%
|
526
-9%
|
452
-14%
|
345
-24%
|
312
-10%
|
322
+3%
|
427
+33%
|
592
+39%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||
Interest Income Expense |
(35)
|
(26)
|
(37)
|
(26)
|
(14)
|
(5)
|
(4)
|
(4)
|
(14)
|
(23)
|
(28)
|
(44)
|
(47)
|
(50)
|
(43)
|
(40)
|
(44)
|
(46)
|
(34)
|
(47)
|
(39)
|
(38)
|
(47)
|
(58)
|
(91)
|
(100)
|
(109)
|
|
Non-Reccuring Items |
(4)
|
(4)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
0
|
(2)
|
(2)
|
(13)
|
(2)
|
0
|
(0)
|
(5)
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
9
|
9
|
8
|
7
|
8
|
6
|
1
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
2
|
(0)
|
(1)
|
(4)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(0)
|
|
Pre-Tax Income |
426
N/A
|
443
+4%
|
445
+0%
|
451
+1%
|
483
+7%
|
515
+7%
|
411
-20%
|
376
-8%
|
290
-23%
|
231
-20%
|
219
-5%
|
177
-19%
|
110
-38%
|
99
-10%
|
128
+29%
|
225
+76%
|
372
+65%
|
463
+24%
|
517
+12%
|
532
+3%
|
483
-9%
|
408
-16%
|
292
-28%
|
247
-15%
|
225
-9%
|
322
+43%
|
480
+49%
|
|
Net Income | ||||||||||||||||||||||||||||
Tax Provision |
(76)
|
(81)
|
(78)
|
(81)
|
(84)
|
(82)
|
(66)
|
(55)
|
(35)
|
(32)
|
(24)
|
(18)
|
(8)
|
(4)
|
(14)
|
(31)
|
(48)
|
(64)
|
(53)
|
(52)
|
(42)
|
(25)
|
(23)
|
(19)
|
(13)
|
(24)
|
(32)
|
|
Income from Continuing Operations |
350
|
362
|
367
|
370
|
400
|
434
|
345
|
321
|
255
|
199
|
196
|
159
|
102
|
95
|
114
|
194
|
324
|
399
|
463
|
480
|
441
|
383
|
268
|
228
|
212
|
298
|
449
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
6
|
6
|
6
|
5
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
350
N/A
|
362
+3%
|
367
+1%
|
370
+1%
|
400
+8%
|
434
+8%
|
345
-21%
|
321
-7%
|
255
-21%
|
199
-22%
|
196
-1%
|
159
-19%
|
102
-36%
|
95
-6%
|
120
+26%
|
200
+67%
|
330
+65%
|
404
+22%
|
464
+15%
|
481
+4%
|
442
-8%
|
384
-13%
|
269
-30%
|
228
-15%
|
212
-7%
|
298
+40%
|
449
+51%
|
|
EPS (Diluted) |
0.52
N/A
|
0.54
+4%
|
0.53
-2%
|
0.48
-9%
|
0.52
+8%
|
0.58
+12%
|
0.45
-22%
|
0.42
-7%
|
0.34
-19%
|
0.26
-24%
|
0.26
N/A
|
0.2
-23%
|
0.12
-40%
|
0.11
-8%
|
0.16
+45%
|
0.25
+56%
|
0.41
+64%
|
0.45
+10%
|
0.54
+20%
|
0.56
+4%
|
0.5
-11%
|
0.43
-14%
|
0.31
-28%
|
0.25
-19%
|
0.24
-4%
|
0.34
+42%
|
0.5
+47%
|