Huida Sanitary Ware Co Ltd
SSE:603385
Income Statement
Earnings Waterfall
Huida Sanitary Ware Co Ltd
Revenue
|
3.4B
CNY
|
Cost of Revenue
|
-2.6B
CNY
|
Gross Profit
|
841.5m
CNY
|
Operating Expenses
|
-894.5m
CNY
|
Operating Income
|
-53m
CNY
|
Other Expenses
|
59.6m
CNY
|
Net Income
|
6.6m
CNY
|
Income Statement
Huida Sanitary Ware 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 |
2 278
N/A
|
2 398
+5%
|
2 555
+7%
|
2 704
+6%
|
2 748
+2%
|
2 830
+3%
|
2 803
-1%
|
2 842
+1%
|
2 900
+2%
|
2 902
+0%
|
2 997
+3%
|
3 064
+2%
|
3 210
+5%
|
3 050
-5%
|
3 045
0%
|
3 116
+2%
|
3 218
+3%
|
3 432
+7%
|
3 644
+6%
|
3 827
+5%
|
3 893
+2%
|
3 863
-1%
|
3 875
+0%
|
3 687
-5%
|
3 419
-7%
|
3 386
-1%
|
3 332
-2%
|
3 418
+3%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(1 661)
|
(1 794)
|
(1 913)
|
(2 018)
|
(2 018)
|
(2 075)
|
(2 061)
|
(2 075)
|
(2 092)
|
(2 104)
|
(2 127)
|
(2 129)
|
(2 164)
|
(2 085)
|
(2 076)
|
(2 125)
|
(2 209)
|
(2 423)
|
(2 627)
|
(2 797)
|
(2 824)
|
(2 882)
|
(2 916)
|
(2 828)
|
(2 585)
|
(2 571)
|
(2 549)
|
(2 577)
|
|
Gross Profit |
617
N/A
|
605
-2%
|
642
+6%
|
686
+7%
|
730
+6%
|
755
+3%
|
741
-2%
|
767
+3%
|
808
+5%
|
798
-1%
|
870
+9%
|
934
+7%
|
1 046
+12%
|
966
-8%
|
969
+0%
|
991
+2%
|
1 009
+2%
|
1 009
+0%
|
1 017
+1%
|
1 029
+1%
|
1 069
+4%
|
981
-8%
|
960
-2%
|
859
-10%
|
835
-3%
|
815
-2%
|
783
-4%
|
842
+7%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(423)
|
(400)
|
(419)
|
(447)
|
(481)
|
(500)
|
(506)
|
(532)
|
(585)
|
(548)
|
(571)
|
(596)
|
(676)
|
(639)
|
(631)
|
(633)
|
(633)
|
(623)
|
(653)
|
(683)
|
(808)
|
(777)
|
(765)
|
(725)
|
(706)
|
(653)
|
(688)
|
(895)
|
|
Selling, General & Administrative |
(324)
|
(388)
|
(392)
|
(407)
|
(388)
|
(473)
|
(502)
|
(515)
|
(495)
|
(501)
|
(479)
|
(497)
|
(544)
|
(512)
|
(517)
|
(533)
|
(508)
|
(516)
|
(540)
|
(544)
|
(627)
|
(633)
|
(624)
|
(611)
|
(566)
|
(561)
|
(599)
|
(796)
|
|
Research & Development |
(81)
|
0
|
0
|
0
|
(84)
|
0
|
0
|
(24)
|
(87)
|
(69)
|
(103)
|
(112)
|
(116)
|
(123)
|
(124)
|
(131)
|
(131)
|
(151)
|
(159)
|
(166)
|
(164)
|
(166)
|
(161)
|
(148)
|
(137)
|
(135)
|
(135)
|
(144)
|
|
Depreciation & Amortization |
(17)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(13)
|
(28)
|
(42)
|
11
|
(28)
|
(3)
|
7
|
16
|
23
|
11
|
14
|
15
|
(5)
|
11
|
30
|
37
|
44
|
46
|
27
|
28
|
22
|
20
|
34
|
45
|
42
|
46
|
46
|
|
Operating Income |
194
N/A
|
205
+6%
|
223
+9%
|
239
+7%
|
249
+4%
|
255
+2%
|
236
-8%
|
235
0%
|
223
-5%
|
250
+12%
|
299
+19%
|
338
+13%
|
370
+9%
|
326
-12%
|
338
+4%
|
358
+6%
|
376
+5%
|
386
+3%
|
365
-5%
|
346
-5%
|
261
-25%
|
204
-22%
|
195
-4%
|
134
-31%
|
129
-4%
|
162
+26%
|
95
-41%
|
(53)
N/A
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
41
|
52
|
69
|
58
|
44
|
48
|
71
|
85
|
69
|
53
|
34
|
(7)
|
2
|
58
|
52
|
62
|
5
|
8
|
7
|
31
|
26
|
21
|
23
|
(22)
|
(4)
|
(15)
|
4
|
40
|
|
Non-Reccuring Items |
9
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
48
|
(0)
|
(6)
|
(6)
|
(12)
|
(12)
|
(8)
|
37
|
70
|
71
|
72
|
27
|
22
|
22
|
22
|
26
|
|
Gain/Loss on Disposition of Assets |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
32
|
27
|
20
|
18
|
3
|
1
|
(2)
|
(5)
|
4
|
4
|
0
|
0
|
0
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(36)
|
(42)
|
(54)
|
(54)
|
(11)
|
13
|
13
|
33
|
31
|
|
Pre-Tax Income |
275
N/A
|
286
+4%
|
312
+9%
|
316
+1%
|
297
-6%
|
304
+2%
|
305
+0%
|
314
+3%
|
296
-6%
|
308
+4%
|
333
+8%
|
332
0%
|
419
+26%
|
383
-9%
|
384
+0%
|
412
+7%
|
368
-11%
|
382
+4%
|
364
-5%
|
378
+4%
|
304
-20%
|
242
-20%
|
236
-2%
|
129
-46%
|
159
+24%
|
182
+14%
|
154
-15%
|
44
-71%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(39)
|
(37)
|
(39)
|
(39)
|
(43)
|
(44)
|
(41)
|
(41)
|
(37)
|
(43)
|
(53)
|
(50)
|
(73)
|
(65)
|
(59)
|
(72)
|
(51)
|
(49)
|
(54)
|
(58)
|
(66)
|
(55)
|
(58)
|
(37)
|
(37)
|
(54)
|
(38)
|
(39)
|
|
Income from Continuing Operations |
236
|
249
|
274
|
277
|
254
|
260
|
264
|
274
|
259
|
265
|
280
|
282
|
346
|
317
|
326
|
340
|
317
|
333
|
310
|
321
|
238
|
187
|
178
|
91
|
122
|
128
|
116
|
5
|
|
Income to Minority Interest |
(26)
|
(26)
|
(25)
|
(28)
|
(28)
|
(29)
|
(28)
|
(25)
|
(20)
|
(18)
|
(17)
|
(16)
|
(17)
|
(13)
|
(11)
|
(8)
|
(10)
|
(14)
|
(19)
|
(17)
|
(2)
|
7
|
13
|
12
|
6
|
2
|
4
|
2
|
|
Net Income (Common) |
210
N/A
|
223
+6%
|
249
+12%
|
249
+0%
|
227
-9%
|
231
+2%
|
236
+2%
|
249
+5%
|
239
-4%
|
247
+3%
|
263
+6%
|
265
+1%
|
329
+24%
|
305
-7%
|
315
+3%
|
333
+6%
|
307
-8%
|
319
+4%
|
291
-9%
|
304
+4%
|
235
-23%
|
194
-18%
|
191
-1%
|
104
-46%
|
128
+24%
|
130
+1%
|
120
-8%
|
7
-94%
|