Zhejiang XCC Group Co Ltd
SSE:603667
Income Statement
Earnings Waterfall
Zhejiang XCC Group Co Ltd
Revenue
|
3.1B
CNY
|
Cost of Revenue
|
-2.6B
CNY
|
Gross Profit
|
515.5m
CNY
|
Operating Expenses
|
-352.2m
CNY
|
Operating Income
|
163.3m
CNY
|
Other Expenses
|
-27.5m
CNY
|
Net Income
|
135.8m
CNY
|
Income Statement
Zhejiang XCC Group Co Ltd
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 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||
Revenue |
1 009
N/A
|
1 073
+6%
|
1 100
+2%
|
1 116
+2%
|
1 141
+2%
|
1 146
+0%
|
1 173
+2%
|
1 217
+4%
|
1 286
+6%
|
1 374
+7%
|
1 519
+11%
|
1 688
+11%
|
1 779
+5%
|
1 818
+2%
|
1 748
-4%
|
1 642
-6%
|
1 652
+1%
|
1 754
+6%
|
1 935
+10%
|
2 171
+12%
|
2 296
+6%
|
2 423
+6%
|
2 753
+14%
|
2 951
+7%
|
3 170
+7%
|
3 200
+1%
|
3 128
-2%
|
3 211
+3%
|
3 205
0%
|
3 106
-3%
|
3 069
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||
Cost of Revenue |
(779)
|
(828)
|
(857)
|
(864)
|
(885)
|
(882)
|
(917)
|
(959)
|
(1 024)
|
(1 059)
|
(1 191)
|
(1 342)
|
(1 404)
|
(1 430)
|
(1 381)
|
(1 291)
|
(1 314)
|
(1 417)
|
(1 564)
|
(1 743)
|
(1 838)
|
(1 954)
|
(2 244)
|
(2 435)
|
(2 635)
|
(2 671)
|
(2 602)
|
(2 698)
|
(2 698)
|
(2 594)
|
(2 553)
|
|
Gross Profit |
231
N/A
|
245
+6%
|
242
-1%
|
252
+4%
|
256
+2%
|
264
+3%
|
256
-3%
|
258
+1%
|
262
+2%
|
315
+20%
|
328
+4%
|
345
+5%
|
375
+8%
|
387
+3%
|
367
-5%
|
350
-4%
|
338
-4%
|
337
0%
|
372
+10%
|
427
+15%
|
457
+7%
|
469
+3%
|
510
+9%
|
516
+1%
|
535
+4%
|
529
-1%
|
526
-1%
|
513
-2%
|
508
-1%
|
512
+1%
|
515
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||
Operating Expenses |
(125)
|
(141)
|
(139)
|
(139)
|
(144)
|
(144)
|
(129)
|
(132)
|
(132)
|
(184)
|
(187)
|
(192)
|
(212)
|
(245)
|
(240)
|
(242)
|
(238)
|
(208)
|
(236)
|
(253)
|
(265)
|
(283)
|
(319)
|
(327)
|
(337)
|
(354)
|
(356)
|
(365)
|
(362)
|
(337)
|
(352)
|
|
Selling, General & Administrative |
(123)
|
(104)
|
(132)
|
(134)
|
(141)
|
(104)
|
(134)
|
(138)
|
(131)
|
(137)
|
(158)
|
(161)
|
(176)
|
(177)
|
(173)
|
(169)
|
(163)
|
(147)
|
(150)
|
(159)
|
(168)
|
(200)
|
(240)
|
(256)
|
(267)
|
(254)
|
(248)
|
(246)
|
(234)
|
(233)
|
(229)
|
|
Research & Development |
0
|
(31)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
(10)
|
(37)
|
(39)
|
(55)
|
(59)
|
(55)
|
(62)
|
(60)
|
(61)
|
(53)
|
(68)
|
(72)
|
(74)
|
(71)
|
(84)
|
(89)
|
(97)
|
(87)
|
(101)
|
(103)
|
(109)
|
(84)
|
(109)
|
|
Depreciation & Amortization |
0
|
(6)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(44)
|
0
|
|
Other Operating Expenses |
(2)
|
(1)
|
(7)
|
(5)
|
(4)
|
4
|
5
|
6
|
9
|
7
|
10
|
24
|
23
|
11
|
(4)
|
(12)
|
(13)
|
18
|
(17)
|
(22)
|
(23)
|
22
|
5
|
18
|
27
|
29
|
(7)
|
(16)
|
(20)
|
24
|
(14)
|
|
Operating Income |
106
N/A
|
104
-2%
|
104
+0%
|
113
+8%
|
112
-1%
|
121
+8%
|
127
+5%
|
126
-1%
|
130
+4%
|
130
+0%
|
141
+8%
|
153
+9%
|
163
+6%
|
142
-13%
|
127
-11%
|
109
-14%
|
100
-8%
|
130
+29%
|
136
+5%
|
175
+29%
|
192
+10%
|
186
-3%
|
190
+2%
|
189
-1%
|
198
+5%
|
175
-11%
|
170
-3%
|
149
-13%
|
146
-2%
|
175
+20%
|
163
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||
Interest Income Expense |
(9)
|
(4)
|
(0)
|
(2)
|
2
|
(7)
|
(10)
|
(8)
|
(6)
|
(10)
|
(15)
|
(19)
|
(26)
|
(25)
|
(29)
|
(34)
|
(36)
|
(31)
|
(32)
|
(32)
|
(31)
|
(41)
|
(44)
|
(41)
|
(35)
|
(21)
|
5
|
13
|
4
|
(9)
|
(9)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
3
|
0
|
0
|
3
|
0
|
0
|
(1)
|
(2)
|
(7)
|
(4)
|
(6)
|
(5)
|
1
|
(2)
|
(23)
|
0
|
(1)
|
(1)
|
(2)
|
3
|
5
|
5
|
22
|
3
|
2
|
2
|
(4)
|
0
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
(0)
|
0
|
2
|
(0)
|
0
|
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
|
9
|
10
|
7
|
6
|
6
|
2
|
4
|
1
|
0
|
0
|
0
|
0
|
8
|
8
|
8
|
8
|
1
|
1
|
2
|
1
|
9
|
9
|
7
|
7
|
0
|
(1)
|
(0)
|
(0)
|
1
|
1
|
|
Pre-Tax Income |
102
N/A
|
108
+6%
|
114
+5%
|
120
+6%
|
121
+1%
|
121
-1%
|
121
+1%
|
122
+0%
|
126
+3%
|
120
-5%
|
125
+4%
|
128
+3%
|
133
+4%
|
120
-9%
|
101
-16%
|
84
-17%
|
70
-16%
|
77
+10%
|
105
+36%
|
144
+37%
|
162
+12%
|
152
-6%
|
159
+4%
|
160
+1%
|
174
+9%
|
176
+1%
|
176
0%
|
163
-8%
|
151
-7%
|
163
+8%
|
156
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(18)
|
(19)
|
(20)
|
(20)
|
(20)
|
(21)
|
(19)
|
(21)
|
(18)
|
(19)
|
(20)
|
(23)
|
(15)
|
(12)
|
(14)
|
(10)
|
(14)
|
(17)
|
(21)
|
(24)
|
(21)
|
(23)
|
(23)
|
(18)
|
(17)
|
(16)
|
(12)
|
(13)
|
(19)
|
(16)
|
|
Income from Continuing Operations |
87
|
91
|
95
|
100
|
101
|
100
|
101
|
102
|
105
|
102
|
106
|
108
|
110
|
105
|
89
|
70
|
61
|
63
|
88
|
123
|
138
|
131
|
136
|
137
|
156
|
159
|
160
|
150
|
138
|
144
|
141
|
|
Income to Minority Interest |
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
(2)
|
(7)
|
(3)
|
(1)
|
1
|
4
|
(1)
|
(3)
|
(7)
|
(7)
|
(7)
|
(5)
|
(5)
|
(8)
|
(11)
|
(12)
|
(12)
|
(9)
|
(6)
|
(5)
|
|
Net Income (Common) |
85
N/A
|
89
+4%
|
93
+5%
|
98
+5%
|
100
+2%
|
99
-1%
|
100
+1%
|
102
+2%
|
105
+3%
|
102
-2%
|
105
+2%
|
106
+1%
|
103
-2%
|
102
-1%
|
89
-13%
|
71
-20%
|
65
-9%
|
62
-4%
|
85
+36%
|
116
+38%
|
131
+13%
|
124
-6%
|
130
+6%
|
132
+1%
|
149
+13%
|
148
-1%
|
148
+0%
|
139
-6%
|
129
-7%
|
138
+7%
|
136
-2%
|
|
EPS (Diluted) |
0.43
N/A
|
0.42
-2%
|
0.35
-17%
|
0.37
+6%
|
0.39
+5%
|
0.38
-3%
|
0.38
N/A
|
0.38
N/A
|
0.39
+3%
|
0.38
-3%
|
0.37
-3%
|
0.36
-3%
|
0.46
+28%
|
0.36
-22%
|
0.32
-11%
|
0.26
-19%
|
0.21
-19%
|
0.21
N/A
|
0.28
+33%
|
0.39
+39%
|
0.45
+15%
|
0.43
-4%
|
0.45
+5%
|
0.45
N/A
|
0.49
+9%
|
0.48
-2%
|
0.47
-2%
|
0.43
-9%
|
0.39
-9%
|
0.4
+3%
|
0.36
-10%
|