Zhejiang Dafeng Industrial Co Ltd
SSE:603081
Income Statement
Earnings Waterfall
Zhejiang Dafeng Industrial Co Ltd
Revenue
|
1.9B
CNY
|
Cost of Revenue
|
-1.4B
CNY
|
Gross Profit
|
487.4m
CNY
|
Operating Expenses
|
-469m
CNY
|
Operating Income
|
18.4m
CNY
|
Other Expenses
|
95.1m
CNY
|
Net Income
|
113.5m
CNY
|
Income Statement
Zhejiang Dafeng Industrial Co Ltd
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 |
1 617
N/A
|
1 622
+0%
|
1 619
0%
|
1 682
+4%
|
1 707
+1%
|
1 742
+2%
|
1 755
+1%
|
1 773
+1%
|
1 795
+1%
|
1 875
+4%
|
1 891
+1%
|
2 005
+6%
|
2 141
+7%
|
2 047
-4%
|
2 189
+7%
|
2 264
+3%
|
2 509
+11%
|
2 646
+5%
|
2 723
+3%
|
2 771
+2%
|
2 959
+7%
|
2 998
+1%
|
2 922
-3%
|
2 967
+2%
|
2 842
-4%
|
2 714
-5%
|
2 856
+5%
|
2 748
-4%
|
1 938
-29%
|
1 894
-2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(1 139)
|
(1 155)
|
(1 146)
|
(1 201)
|
(1 197)
|
(1 230)
|
(1 232)
|
(1 229)
|
(1 227)
|
(1 297)
|
(1 309)
|
(1 385)
|
(1 452)
|
(1 411)
|
(1 487)
|
(1 541)
|
(1 741)
|
(1 839)
|
(1 887)
|
(1 928)
|
(2 058)
|
(2 108)
|
(2 058)
|
(2 092)
|
(1 992)
|
(1 948)
|
(2 106)
|
(2 081)
|
(1 453)
|
(1 406)
|
|
Gross Profit |
478
N/A
|
466
-3%
|
473
+1%
|
482
+2%
|
510
+6%
|
512
+0%
|
523
+2%
|
544
+4%
|
569
+5%
|
578
+2%
|
582
+1%
|
620
+7%
|
689
+11%
|
635
-8%
|
702
+10%
|
723
+3%
|
768
+6%
|
807
+5%
|
836
+4%
|
844
+1%
|
900
+7%
|
890
-1%
|
864
-3%
|
874
+1%
|
851
-3%
|
766
-10%
|
750
-2%
|
667
-11%
|
485
-27%
|
487
+0%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(246)
|
(233)
|
(238)
|
(237)
|
(261)
|
(262)
|
(274)
|
(282)
|
(320)
|
(307)
|
(307)
|
(330)
|
(408)
|
(373)
|
(410)
|
(414)
|
(399)
|
(398)
|
(401)
|
(418)
|
(429)
|
(418)
|
(446)
|
(437)
|
(515)
|
(503)
|
(460)
|
(493)
|
(487)
|
(469)
|
|
Selling, General & Administrative |
(192)
|
(221)
|
(205)
|
(198)
|
(214)
|
(189)
|
(220)
|
(224)
|
(250)
|
(208)
|
(210)
|
(239)
|
(327)
|
(314)
|
(340)
|
(335)
|
(278)
|
(278)
|
(272)
|
(288)
|
(290)
|
(305)
|
(334)
|
(328)
|
(380)
|
(387)
|
(339)
|
(366)
|
(354)
|
(395)
|
|
Research & Development |
(45)
|
0
|
0
|
(10)
|
(45)
|
0
|
0
|
(31)
|
(67)
|
(66)
|
(83)
|
(77)
|
(75)
|
(76)
|
(82)
|
(92)
|
(110)
|
(122)
|
(130)
|
(136)
|
(122)
|
(124)
|
(122)
|
(119)
|
(127)
|
(132)
|
(132)
|
(131)
|
(110)
|
(105)
|
|
Depreciation & Amortization |
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(41)
|
0
|
|
Other Operating Expenses |
(1)
|
(13)
|
(33)
|
(30)
|
8
|
(73)
|
(54)
|
(27)
|
12
|
(32)
|
(14)
|
(13)
|
15
|
17
|
12
|
13
|
11
|
2
|
1
|
7
|
12
|
11
|
10
|
10
|
19
|
16
|
11
|
3
|
18
|
31
|
|
Operating Income |
232
N/A
|
233
+0%
|
235
+1%
|
245
+4%
|
250
+2%
|
250
+0%
|
249
0%
|
262
+5%
|
249
-5%
|
271
+9%
|
275
+1%
|
291
+6%
|
282
-3%
|
262
-7%
|
292
+11%
|
309
+6%
|
369
+20%
|
409
+11%
|
436
+7%
|
426
-2%
|
471
+11%
|
472
+0%
|
418
-11%
|
437
+5%
|
335
-23%
|
264
-21%
|
290
+10%
|
174
-40%
|
(2)
N/A
|
18
N/A
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(3)
|
(1)
|
3
|
9
|
9
|
10
|
6
|
4
|
2
|
(4)
|
(8)
|
(8)
|
(10)
|
(8)
|
(2)
|
(2)
|
(6)
|
(9)
|
(17)
|
(11)
|
(9)
|
(3)
|
3
|
(4)
|
7
|
29
|
34
|
111
|
106
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
1
|
0
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
(0)
|
0
|
|
Total Other Income |
10
|
10
|
20
|
18
|
12
|
13
|
3
|
2
|
16
|
15
|
13
|
13
|
(1)
|
(2)
|
(1)
|
2
|
2
|
1
|
0
|
(2)
|
(2)
|
(8)
|
(8)
|
(8)
|
(7)
|
(1)
|
(0)
|
(0)
|
(3)
|
(2)
|
|
Pre-Tax Income |
237
N/A
|
239
+1%
|
254
+6%
|
266
+5%
|
270
+2%
|
272
+1%
|
262
-4%
|
270
+3%
|
268
-1%
|
288
+7%
|
284
-1%
|
296
+4%
|
273
-8%
|
251
-8%
|
283
+13%
|
309
+9%
|
368
+19%
|
403
+10%
|
426
+6%
|
407
-5%
|
457
+12%
|
455
0%
|
408
-10%
|
433
+6%
|
326
-25%
|
270
-17%
|
318
+18%
|
208
-35%
|
106
-49%
|
122
+15%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(36)
|
(37)
|
(38)
|
(39)
|
(41)
|
(41)
|
(41)
|
(43)
|
(39)
|
(40)
|
(37)
|
(39)
|
(38)
|
(35)
|
(42)
|
(48)
|
(56)
|
(64)
|
(69)
|
(66)
|
(74)
|
(70)
|
(62)
|
(60)
|
(49)
|
(39)
|
(47)
|
(32)
|
(10)
|
(15)
|
|
Income from Continuing Operations |
201
|
203
|
215
|
228
|
229
|
231
|
221
|
227
|
230
|
248
|
247
|
257
|
235
|
216
|
241
|
261
|
312
|
340
|
357
|
340
|
383
|
386
|
346
|
373
|
278
|
231
|
271
|
175
|
96
|
107
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
2
|
5
|
8
|
9
|
11
|
9
|
9
|
8
|
2
|
3
|
5
|
6
|
|
Net Income (Common) |
201
N/A
|
203
+1%
|
215
+6%
|
228
+6%
|
229
+1%
|
231
+1%
|
221
-4%
|
227
+3%
|
230
+1%
|
248
+8%
|
247
0%
|
258
+4%
|
236
-8%
|
218
-8%
|
242
+11%
|
262
+8%
|
314
+20%
|
341
+9%
|
359
+5%
|
345
-4%
|
391
+13%
|
395
+1%
|
357
-9%
|
382
+7%
|
287
-25%
|
238
-17%
|
273
+14%
|
179
-35%
|
101
-43%
|
114
+12%
|
|
EPS (Diluted) |
0.57
N/A
|
0.59
+4%
|
0.52
-12%
|
0.62
+19%
|
0.6
-3%
|
0.57
-5%
|
0.57
N/A
|
0.58
+2%
|
0.57
-2%
|
0.61
+7%
|
0.61
N/A
|
0.66
+8%
|
0.54
-18%
|
0.51
-6%
|
0.55
+8%
|
0.65
+18%
|
0.72
+11%
|
0.77
+7%
|
0.83
+8%
|
0.8
-4%
|
0.89
+11%
|
0.98
+10%
|
0.7
-29%
|
0.9
+29%
|
0.69
-23%
|
0.59
-14%
|
0.64
+8%
|
0.44
-31%
|
0.25
-43%
|
0.26
+4%
|