Jiangsu Seagull Cooling Tower Co Ltd
SSE:603269
Income Statement
Earnings Waterfall
Jiangsu Seagull Cooling Tower Co Ltd
Revenue
|
1.4B
CNY
|
Cost of Revenue
|
-1B
CNY
|
Gross Profit
|
371.1m
CNY
|
Operating Expenses
|
-279.6m
CNY
|
Operating Income
|
91.5m
CNY
|
Other Expenses
|
-20.2m
CNY
|
Net Income
|
71.3m
CNY
|
Income Statement
Jiangsu Seagull Cooling Tower 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
539
N/A
|
546
+1%
|
561
+3%
|
556
-1%
|
565
+2%
|
575
+2%
|
568
-1%
|
552
-3%
|
604
+9%
|
606
+0%
|
635
+5%
|
643
+1%
|
611
-5%
|
524
-14%
|
561
+7%
|
629
+12%
|
834
+33%
|
935
+12%
|
1 026
+10%
|
1 148
+12%
|
1 130
-2%
|
1 233
+9%
|
1 285
+4%
|
1 261
-2%
|
1 354
+7%
|
1 323
-2%
|
1 336
+1%
|
1 392
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(375)
|
(381)
|
(393)
|
(386)
|
(392)
|
(405)
|
(399)
|
(380)
|
(426)
|
(433)
|
(448)
|
(457)
|
(424)
|
(364)
|
(404)
|
(445)
|
(572)
|
(647)
|
(700)
|
(806)
|
(810)
|
(900)
|
(957)
|
(930)
|
(987)
|
(966)
|
(970)
|
(1 021)
|
|
Gross Profit |
165
N/A
|
166
+0%
|
168
+1%
|
170
+1%
|
174
+2%
|
170
-2%
|
169
-1%
|
172
+2%
|
178
+3%
|
174
-2%
|
188
+8%
|
186
-1%
|
187
+0%
|
160
-14%
|
157
-2%
|
184
+17%
|
262
+42%
|
287
+10%
|
326
+14%
|
342
+5%
|
320
-6%
|
333
+4%
|
328
-2%
|
330
+1%
|
367
+11%
|
357
-3%
|
366
+3%
|
371
+1%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(121)
|
(118)
|
(121)
|
(123)
|
(128)
|
(121)
|
(124)
|
(126)
|
(136)
|
(132)
|
(140)
|
(138)
|
(142)
|
(114)
|
(125)
|
(149)
|
(196)
|
(198)
|
(234)
|
(243)
|
(243)
|
(248)
|
(250)
|
(253)
|
(277)
|
(254)
|
(277)
|
(280)
|
|
Selling, General & Administrative |
(100)
|
(106)
|
(110)
|
(112)
|
(110)
|
(113)
|
(115)
|
(115)
|
(120)
|
(109)
|
(117)
|
(114)
|
(119)
|
(122)
|
(116)
|
(138)
|
(165)
|
(190)
|
(214)
|
(224)
|
(202)
|
(225)
|
(222)
|
(223)
|
(227)
|
(239)
|
(254)
|
(253)
|
|
Research & Development |
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
(2)
|
(14)
|
(7)
|
(12)
|
(12)
|
(15)
|
(15)
|
(14)
|
(15)
|
(21)
|
(23)
|
(26)
|
(28)
|
(27)
|
(31)
|
(33)
|
(34)
|
(35)
|
(33)
|
(31)
|
(33)
|
|
Depreciation & Amortization |
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(12)
|
(12)
|
(12)
|
3
|
(8)
|
(9)
|
(8)
|
5
|
(15)
|
(12)
|
(11)
|
4
|
22
|
5
|
4
|
4
|
15
|
6
|
9
|
6
|
8
|
5
|
4
|
4
|
18
|
9
|
7
|
|
Operating Income |
44
N/A
|
48
+9%
|
47
-2%
|
47
+1%
|
46
-3%
|
49
+8%
|
45
-9%
|
47
+4%
|
42
-10%
|
42
+1%
|
48
+12%
|
49
+3%
|
45
-8%
|
46
+2%
|
32
-31%
|
35
+10%
|
66
+89%
|
89
+35%
|
93
+4%
|
99
+7%
|
76
-23%
|
85
+11%
|
78
-8%
|
78
+0%
|
90
+15%
|
103
+15%
|
89
-13%
|
92
+3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(3)
|
1
|
2
|
3
|
4
|
2
|
6
|
7
|
5
|
3
|
(0)
|
(1)
|
(7)
|
(5)
|
(13)
|
(12)
|
(11)
|
(14)
|
(7)
|
(3)
|
(8)
|
(2)
|
(1)
|
(2)
|
(5)
|
(1)
|
(2)
|
|
Non-Reccuring Items |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
2
|
2
|
19
|
0
|
20
|
20
|
7
|
0
|
7
|
7
|
(0)
|
0
|
0
|
0
|
12
|
0
|
12
|
12
|
|
Gain/Loss on Disposition of Assets |
(1)
|
0
|
0
|
(1)
|
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 |
5
|
5
|
3
|
2
|
0
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(3)
|
(3)
|
|
Pre-Tax Income |
48
N/A
|
49
+1%
|
50
+2%
|
50
-1%
|
49
-1%
|
53
+8%
|
46
-12%
|
52
+11%
|
48
-7%
|
46
-3%
|
52
+12%
|
50
-3%
|
63
+25%
|
39
-38%
|
47
+20%
|
43
-8%
|
62
+44%
|
79
+29%
|
86
+9%
|
99
+14%
|
74
-25%
|
78
+5%
|
77
-1%
|
77
0%
|
99
+30%
|
97
-3%
|
97
+1%
|
99
+2%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(8)
|
(10)
|
(14)
|
(16)
|
(17)
|
(16)
|
(12)
|
(9)
|
(7)
|
(8)
|
(12)
|
(13)
|
(16)
|
(15)
|
(16)
|
(18)
|
(19)
|
(17)
|
(21)
|
(20)
|
(17)
|
(21)
|
|
Income from Continuing Operations |
40
|
40
|
41
|
41
|
41
|
44
|
38
|
42
|
34
|
31
|
35
|
34
|
51
|
30
|
39
|
35
|
50
|
67
|
70
|
84
|
58
|
60
|
57
|
59
|
79
|
77
|
80
|
78
|
|
Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(1)
|
(4)
|
(3)
|
(5)
|
(7)
|
(5)
|
(6)
|
(4)
|
(1)
|
(5)
|
(4)
|
(5)
|
(7)
|
|
Net Income (Common) |
38
N/A
|
38
N/A
|
39
+2%
|
38
-1%
|
38
-1%
|
41
+8%
|
35
-14%
|
38
+7%
|
33
-12%
|
31
-7%
|
34
+11%
|
34
-3%
|
49
+45%
|
27
-45%
|
37
+39%
|
34
-10%
|
47
+38%
|
63
+36%
|
65
+3%
|
77
+18%
|
53
-31%
|
54
+1%
|
53
-1%
|
58
+9%
|
74
+27%
|
73
-1%
|
75
+2%
|
71
-5%
|
|
EPS (Diluted) |
0.5
N/A
|
0.5
N/A
|
0.51
+2%
|
0.38
-25%
|
0.42
+11%
|
0.41
-2%
|
0.35
-15%
|
0.37
+6%
|
0.33
-11%
|
0.31
-6%
|
0.35
+13%
|
0.34
-3%
|
0.48
+41%
|
0.27
-44%
|
0.37
+37%
|
0.41
+11%
|
0.46
+12%
|
0.56
+22%
|
0.59
+5%
|
0.69
+17%
|
0.34
-51%
|
0.48
+41%
|
0.47
-2%
|
0.36
-23%
|
0.47
+31%
|
0.46
-2%
|
0.48
+4%
|
0.45
-6%
|