Jiangsu Xinquan Automotive Trim Co Ltd
SSE:603179
Income Statement
Earnings Waterfall
Jiangsu Xinquan Automotive Trim Co Ltd
Revenue
|
10.6B
CNY
|
Cost of Revenue
|
-8.5B
CNY
|
Gross Profit
|
2.1B
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
928.9m
CNY
|
Other Expenses
|
-123.4m
CNY
|
Net Income
|
805.5m
CNY
|
Income Statement
Jiangsu Xinquan Automotive Trim 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
1 711
N/A
|
2 292
+34%
|
2 733
+19%
|
2 993
+10%
|
3 095
+3%
|
3 247
+5%
|
3 368
+4%
|
3 487
+4%
|
3 405
-2%
|
3 187
-6%
|
3 000
-6%
|
2 913
-3%
|
3 036
+4%
|
2 945
-3%
|
3 151
+7%
|
3 453
+10%
|
3 681
+7%
|
4 135
+12%
|
4 379
+6%
|
4 382
+0%
|
4 613
+5%
|
4 985
+8%
|
5 164
+4%
|
6 070
+18%
|
6 947
+14%
|
7 629
+10%
|
8 766
+15%
|
9 544
+9%
|
10 572
+11%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(1 291)
|
(1 777)
|
(2 112)
|
(2 290)
|
(2 335)
|
(2 466)
|
(2 569)
|
(2 682)
|
(2 641)
|
(2 480)
|
(2 365)
|
(2 318)
|
(2 393)
|
(2 333)
|
(2 481)
|
(2 697)
|
(2 836)
|
(3 198)
|
(3 399)
|
(3 444)
|
(3 633)
|
(4 004)
|
(4 179)
|
(4 903)
|
(5 579)
|
(6 154)
|
(7 058)
|
(7 690)
|
(8 456)
|
|
Gross Profit |
420
N/A
|
515
+23%
|
621
+21%
|
703
+13%
|
760
+8%
|
782
+3%
|
799
+2%
|
805
+1%
|
765
-5%
|
707
-8%
|
635
-10%
|
596
-6%
|
643
+8%
|
612
-5%
|
670
+9%
|
757
+13%
|
845
+12%
|
937
+11%
|
980
+5%
|
938
-4%
|
980
+4%
|
981
+0%
|
985
+0%
|
1 167
+18%
|
1 368
+17%
|
1 475
+8%
|
1 707
+16%
|
1 855
+9%
|
2 115
+14%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(269)
|
(318)
|
(397)
|
(439)
|
(444)
|
(443)
|
(426)
|
(400)
|
(418)
|
(387)
|
(354)
|
(372)
|
(405)
|
(401)
|
(427)
|
(477)
|
(504)
|
(557)
|
(593)
|
(570)
|
(669)
|
(668)
|
(675)
|
(766)
|
(838)
|
(876)
|
(990)
|
(1 046)
|
(1 187)
|
|
Selling, General & Administrative |
(193)
|
(296)
|
(381)
|
(390)
|
(316)
|
(398)
|
(298)
|
(295)
|
(281)
|
(242)
|
(264)
|
(269)
|
(256)
|
(270)
|
(296)
|
(330)
|
(332)
|
(400)
|
(418)
|
(405)
|
(410)
|
(441)
|
(425)
|
(476)
|
(484)
|
(544)
|
(626)
|
(653)
|
(661)
|
|
Research & Development |
(65)
|
0
|
0
|
(39)
|
(115)
|
0
|
0
|
(27)
|
(123)
|
(84)
|
(112)
|
(118)
|
(135)
|
(149)
|
(148)
|
(160)
|
(148)
|
(165)
|
(183)
|
(183)
|
(220)
|
(240)
|
(265)
|
(295)
|
(301)
|
(338)
|
(368)
|
(397)
|
(452)
|
|
Depreciation & Amortization |
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(88)
|
|
Other Operating Expenses |
(0)
|
(22)
|
(16)
|
(10)
|
(1)
|
(45)
|
(128)
|
(79)
|
8
|
(61)
|
22
|
16
|
17
|
19
|
17
|
12
|
11
|
7
|
8
|
18
|
11
|
13
|
15
|
4
|
11
|
6
|
4
|
4
|
13
|
|
Operating Income |
152
N/A
|
197
+30%
|
224
+14%
|
264
+18%
|
317
+20%
|
339
+7%
|
373
+10%
|
405
+9%
|
346
-15%
|
320
-8%
|
281
-12%
|
224
-20%
|
237
+6%
|
212
-11%
|
244
+15%
|
280
+15%
|
341
+22%
|
380
+11%
|
387
+2%
|
368
-5%
|
311
-15%
|
313
+1%
|
310
-1%
|
400
+29%
|
530
+32%
|
599
+13%
|
717
+20%
|
809
+13%
|
929
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(14)
|
(9)
|
(7)
|
(4)
|
(2)
|
(8)
|
(14)
|
(18)
|
(24)
|
(28)
|
(30)
|
(33)
|
(37)
|
(40)
|
(42)
|
(44)
|
(43)
|
(45)
|
(40)
|
(19)
|
(20)
|
(1)
|
17
|
6
|
19
|
66
|
22
|
8
|
|
Non-Reccuring Items |
(13)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(8)
|
(1)
|
(0)
|
(1)
|
(9)
|
27
|
25
|
25
|
19
|
0
|
2
|
2
|
(6)
|
1
|
1
|
(3)
|
(19)
|
|
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
|
(8)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
(9)
|
(19)
|
(7)
|
(19)
|
(16)
|
(20)
|
(20)
|
(0)
|
(3)
|
(4)
|
(6)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
(0)
|
(1)
|
(2)
|
(1)
|
(10)
|
(10)
|
(12)
|
(7)
|
(12)
|
(16)
|
(14)
|
(4)
|
|
Pre-Tax Income |
130
N/A
|
173
+34%
|
195
+13%
|
251
+28%
|
294
+17%
|
321
+9%
|
345
+8%
|
372
+8%
|
327
-12%
|
292
-11%
|
247
-15%
|
188
-24%
|
196
+5%
|
172
-12%
|
202
+17%
|
237
+17%
|
288
+22%
|
363
+26%
|
365
+1%
|
351
-4%
|
302
-14%
|
284
-6%
|
301
+6%
|
408
+35%
|
524
+29%
|
606
+16%
|
768
+27%
|
815
+6%
|
914
+12%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
(16)
|
(25)
|
(35)
|
(39)
|
(44)
|
(49)
|
(52)
|
(63)
|
(45)
|
(32)
|
(24)
|
(4)
|
(16)
|
(14)
|
(18)
|
(19)
|
(31)
|
(38)
|
(33)
|
(35)
|
(16)
|
(15)
|
(17)
|
(29)
|
(51)
|
(63)
|
(88)
|
(99)
|
(109)
|
|
Income from Continuing Operations |
114
|
149
|
161
|
212
|
250
|
271
|
293
|
308
|
282
|
260
|
223
|
183
|
180
|
158
|
184
|
218
|
257
|
326
|
332
|
316
|
286
|
269
|
284
|
378
|
473
|
543
|
680
|
716
|
805
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
3
|
4
|
5
|
3
|
1
|
(5)
|
(8)
|
(7)
|
(2)
|
2
|
3
|
(1)
|
(2)
|
(4)
|
(1)
|
2
|
0
|
|
Net Income (Common) |
114
N/A
|
149
+31%
|
161
+8%
|
212
+32%
|
250
+18%
|
271
+8%
|
293
+8%
|
308
+5%
|
282
-9%
|
260
-8%
|
223
-14%
|
185
-17%
|
183
-1%
|
162
-12%
|
189
+17%
|
221
+17%
|
258
+16%
|
321
+25%
|
324
+1%
|
309
-4%
|
284
-8%
|
271
-5%
|
287
+6%
|
378
+32%
|
471
+25%
|
539
+14%
|
678
+26%
|
717
+6%
|
806
+12%
|
|
EPS (Diluted) |
0.52
N/A
|
0.68
+31%
|
0.52
-24%
|
0.78
+50%
|
0.91
+17%
|
0.95
+4%
|
0.98
+3%
|
1.07
+9%
|
1.05
-2%
|
0.87
-17%
|
0.75
-14%
|
0.63
-16%
|
0.62
-2%
|
0.54
-13%
|
0.89
+65%
|
0.69
-22%
|
0.81
+17%
|
0.86
+6%
|
0.68
-21%
|
0.64
-6%
|
0.58
-9%
|
0.55
-5%
|
0.57
+4%
|
0.76
+33%
|
0.97
+28%
|
1.11
+14%
|
1.4
+26%
|
1.48
+6%
|
1.65
+11%
|