Shanghai Sinotec Co Ltd
SSE:603121
Income Statement
Earnings Waterfall
Shanghai Sinotec Co Ltd
Revenue
|
1.2B
CNY
|
Cost of Revenue
|
-919m
CNY
|
Gross Profit
|
269.2m
CNY
|
Operating Expenses
|
-222m
CNY
|
Operating Income
|
47.2m
CNY
|
Other Expenses
|
29.8m
CNY
|
Net Income
|
77.1m
CNY
|
Income Statement
Shanghai Sinotec Co Ltd
Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue |
905
N/A
|
851
-6%
|
842
-1%
|
905
+7%
|
983
+9%
|
1 113
+13%
|
1 188
+7%
|
|
Gross Profit | ||||||||
Cost of Revenue |
(683)
|
(651)
|
(655)
|
(730)
|
(780)
|
(880)
|
(919)
|
|
Gross Profit |
222
N/A
|
200
-10%
|
188
-6%
|
175
-7%
|
203
+16%
|
232
+14%
|
269
+16%
|
|
Operating Income | ||||||||
Operating Expenses |
(160)
|
(148)
|
(148)
|
(152)
|
(180)
|
(206)
|
(222)
|
|
Selling, General & Administrative |
(111)
|
(107)
|
(106)
|
(98)
|
(110)
|
(125)
|
(131)
|
|
Research & Development |
(54)
|
(50)
|
(48)
|
(44)
|
(55)
|
(60)
|
(63)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
|
Other Operating Expenses |
5
|
10
|
6
|
10
|
(15)
|
(21)
|
(27)
|
|
Operating Income |
62
N/A
|
51
-17%
|
39
-23%
|
23
-42%
|
23
+1%
|
26
+13%
|
47
+81%
|
|
Pre-Tax Income | ||||||||
Interest Income Expense |
2
|
1
|
1
|
(5)
|
40
|
48
|
42
|
|
Non-Reccuring Items |
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
(5)
|
(13)
|
(10)
|
(20)
|
(20)
|
(15)
|
(14)
|
|
Pre-Tax Income |
59
N/A
|
39
-34%
|
29
-24%
|
(3)
N/A
|
44
N/A
|
58
+34%
|
76
+30%
|
|
Net Income | ||||||||
Tax Provision |
(12)
|
(13)
|
(11)
|
(5)
|
(19)
|
(18)
|
(18)
|
|
Income from Continuing Operations |
46
|
25
|
18
|
(8)
|
24
|
41
|
58
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
6
|
11
|
19
|
|
Net Income (Common) |
46
N/A
|
26
-45%
|
18
-29%
|
(8)
N/A
|
30
N/A
|
52
+72%
|
77
+48%
|
|
EPS (Diluted) |
0.17
N/A
|
0.08
-53%
|
0.05
-38%
|
-0.02
N/A
|
0.07
N/A
|
0.14
+100%
|
0.24
+71%
|