UE Furniture Co Ltd
SSE:603600
Income Statement
Earnings Waterfall
UE Furniture Co Ltd
Revenue
|
3.4B
CNY
|
Cost of Revenue
|
-2.6B
CNY
|
Gross Profit
|
752.8m
CNY
|
Operating Expenses
|
-484.1m
CNY
|
Operating Income
|
268.7m
CNY
|
Other Expenses
|
-7.2m
CNY
|
Net Income
|
261.5m
CNY
|
Income Statement
UE Furniture Co Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | 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 |
960
N/A
|
1 024
+7%
|
1 090
+6%
|
1 131
+4%
|
1 136
+0%
|
1 168
+3%
|
1 177
+1%
|
1 280
+9%
|
1 402
+10%
|
1 473
+5%
|
1 598
+8%
|
1 711
+7%
|
1 841
+8%
|
1 974
+7%
|
2 138
+8%
|
2 233
+4%
|
2 411
+8%
|
2 453
+2%
|
2 449
0%
|
2 486
+2%
|
2 451
-1%
|
2 349
-4%
|
2 531
+8%
|
3 002
+19%
|
3 434
+14%
|
4 071
+19%
|
4 617
+13%
|
4 567
-1%
|
4 659
+2%
|
4 600
-1%
|
4 465
-3%
|
4 391
-2%
|
4 055
-8%
|
3 744
-8%
|
3 381
-10%
|
3 368
0%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(779)
|
(831)
|
(881)
|
(910)
|
(907)
|
(935)
|
(941)
|
(1 027)
|
(1 107)
|
(1 176)
|
(1 277)
|
(1 372)
|
(1 496)
|
(1 650)
|
(1 814)
|
(1 909)
|
(2 036)
|
(2 055)
|
(2 028)
|
(2 040)
|
(1 962)
|
(1 881)
|
(1 992)
|
(2 324)
|
(2 785)
|
(3 363)
|
(3 915)
|
(3 969)
|
(3 983)
|
(3 937)
|
(3 760)
|
(3 642)
|
(3 285)
|
(2 986)
|
(2 647)
|
(2 615)
|
|
Gross Profit |
181
N/A
|
192
+6%
|
209
+8%
|
221
+6%
|
229
+4%
|
233
+2%
|
236
+1%
|
253
+7%
|
295
+17%
|
297
+1%
|
321
+8%
|
340
+6%
|
345
+2%
|
324
-6%
|
325
+0%
|
324
0%
|
375
+16%
|
398
+6%
|
421
+6%
|
447
+6%
|
489
+9%
|
468
-4%
|
539
+15%
|
678
+26%
|
649
-4%
|
708
+9%
|
702
-1%
|
598
-15%
|
675
+13%
|
664
-2%
|
705
+6%
|
749
+6%
|
771
+3%
|
757
-2%
|
734
-3%
|
753
+3%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(107)
|
(109)
|
(122)
|
(131)
|
(144)
|
(143)
|
(142)
|
(147)
|
(179)
|
(179)
|
(183)
|
(203)
|
(222)
|
(193)
|
(227)
|
(244)
|
(280)
|
(294)
|
(277)
|
(265)
|
(285)
|
(278)
|
(312)
|
(356)
|
(333)
|
(358)
|
(373)
|
(374)
|
(470)
|
(460)
|
(482)
|
(494)
|
(486)
|
(471)
|
(475)
|
(484)
|
|
Selling, General & Administrative |
(80)
|
(101)
|
(113)
|
(130)
|
(109)
|
(139)
|
(138)
|
(141)
|
(128)
|
(176)
|
(186)
|
(191)
|
(158)
|
(174)
|
(201)
|
(211)
|
(192)
|
(210)
|
(183)
|
(179)
|
(206)
|
(209)
|
(247)
|
(289)
|
(218)
|
(259)
|
(245)
|
(232)
|
(308)
|
(297)
|
(324)
|
(333)
|
(306)
|
(341)
|
(345)
|
(355)
|
|
Research & Development |
(24)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
(18)
|
(66)
|
0
|
0
|
(53)
|
(99)
|
(89)
|
(108)
|
(99)
|
(89)
|
(84)
|
(84)
|
(89)
|
(114)
|
(125)
|
(141)
|
(151)
|
(158)
|
(172)
|
(170)
|
(176)
|
(159)
|
(152)
|
(150)
|
(146)
|
|
Depreciation & Amortization |
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(8)
|
(9)
|
(2)
|
(0)
|
(4)
|
(3)
|
(6)
|
(1)
|
(3)
|
3
|
6
|
9
|
(19)
|
(26)
|
20
|
22
|
5
|
14
|
13
|
25
|
15
|
18
|
23
|
23
|
25
|
13
|
9
|
23
|
9
|
12
|
15
|
16
|
23
|
19
|
17
|
|
Operating Income |
74
N/A
|
84
+13%
|
87
+4%
|
89
+3%
|
85
-5%
|
90
+7%
|
94
+5%
|
107
+13%
|
117
+9%
|
118
+1%
|
138
+17%
|
136
-1%
|
124
-9%
|
130
+6%
|
97
-25%
|
80
-18%
|
95
+18%
|
104
+10%
|
144
+38%
|
182
+27%
|
203
+12%
|
191
-6%
|
227
+19%
|
322
+42%
|
316
-2%
|
350
+11%
|
329
-6%
|
224
-32%
|
205
-8%
|
204
-1%
|
223
+10%
|
255
+14%
|
284
+11%
|
286
+1%
|
258
-10%
|
269
+4%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(12)
|
4
|
11
|
11
|
21
|
18
|
16
|
9
|
9
|
9
|
4
|
(1)
|
(9)
|
(16)
|
(3)
|
13
|
23
|
31
|
28
|
25
|
19
|
18
|
8
|
(32)
|
(58)
|
(62)
|
(71)
|
(36)
|
(14)
|
(23)
|
(1)
|
10
|
13
|
16
|
48
|
24
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
91
|
90
|
90
|
89
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
5
|
5
|
2
|
5
|
4
|
14
|
19
|
17
|
17
|
7
|
6
|
4
|
3
|
3
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
1
|
0
|
3
|
1
|
3
|
2
|
(0)
|
3
|
|
Pre-Tax Income |
67
N/A
|
92
+37%
|
100
+9%
|
106
+6%
|
110
+4%
|
121
+11%
|
128
+5%
|
131
+3%
|
143
+9%
|
134
-6%
|
148
+10%
|
138
-7%
|
116
-16%
|
116
+0%
|
94
-19%
|
93
-1%
|
118
+27%
|
135
+15%
|
171
+27%
|
206
+21%
|
221
+7%
|
208
-6%
|
234
+13%
|
289
+23%
|
256
-12%
|
286
+12%
|
255
-11%
|
185
-28%
|
191
+3%
|
181
-5%
|
227
+25%
|
357
+57%
|
390
+9%
|
395
+1%
|
395
+0%
|
295
-25%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(16)
|
(17)
|
(21)
|
(18)
|
(24)
|
(27)
|
(29)
|
(23)
|
(18)
|
(19)
|
(13)
|
(15)
|
(14)
|
(10)
|
(7)
|
(12)
|
(16)
|
(22)
|
(31)
|
(36)
|
(32)
|
(34)
|
(38)
|
(20)
|
(24)
|
(13)
|
0
|
(8)
|
(6)
|
(21)
|
(49)
|
(52)
|
(53)
|
(52)
|
(30)
|
|
Income from Continuing Operations |
54
|
76
|
83
|
85
|
91
|
98
|
101
|
102
|
120
|
116
|
129
|
125
|
101
|
103
|
84
|
86
|
106
|
119
|
149
|
175
|
185
|
175
|
201
|
251
|
235
|
262
|
242
|
185
|
182
|
175
|
206
|
309
|
337
|
341
|
343
|
265
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(5)
|
(6)
|
(3)
|
(3)
|
(1)
|
1
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
Net Income (Common) |
54
N/A
|
76
+40%
|
83
+9%
|
85
+3%
|
91
+8%
|
98
+7%
|
101
+3%
|
102
+1%
|
120
+17%
|
116
-3%
|
129
+11%
|
125
-3%
|
100
-20%
|
102
+1%
|
82
-19%
|
85
+3%
|
104
+23%
|
116
+12%
|
147
+27%
|
173
+18%
|
181
+5%
|
172
-5%
|
195
+14%
|
245
+26%
|
233
-5%
|
259
+11%
|
241
-7%
|
186
-23%
|
181
-2%
|
174
-4%
|
204
+17%
|
306
+50%
|
335
+10%
|
340
+1%
|
341
+0%
|
261
-23%
|
|
EPS (Diluted) |
0.29
N/A
|
0.3
+3%
|
0.33
+10%
|
0.33
N/A
|
0.37
+12%
|
0.39
+5%
|
0.4
+3%
|
0.4
N/A
|
0.48
+20%
|
0.46
-4%
|
0.51
+11%
|
0.49
-4%
|
0.4
-18%
|
0.39
-3%
|
0.31
-21%
|
0.28
-10%
|
0.36
+29%
|
0.4
+11%
|
0.49
+23%
|
0.57
+16%
|
0.6
+5%
|
0.59
-2%
|
0.61
+3%
|
0.81
+33%
|
0.77
-5%
|
0.84
+9%
|
0.8
-5%
|
0.61
-24%
|
0.6
-2%
|
0.58
-3%
|
0.68
+17%
|
1.02
+50%
|
1.16
+14%
|
1.17
+1%
|
1.08
-8%
|
0.79
-27%
|