Qijing Machinery Co Ltd
SSE:603677
Income Statement
Earnings Waterfall
Qijing Machinery Co Ltd
Revenue
|
1.8B
CNY
|
Cost of Revenue
|
-1.5B
CNY
|
Gross Profit
|
254.2m
CNY
|
Operating Expenses
|
-164.1m
CNY
|
Operating Income
|
90.1m
CNY
|
Other Expenses
|
-20.9m
CNY
|
Net Income
|
69.2m
CNY
|
Income Statement
Qijing Machinery Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||
Revenue |
1 210
N/A
|
1 157
-4%
|
1 118
-3%
|
1 143
+2%
|
1 196
+5%
|
1 237
+3%
|
1 292
+4%
|
1 302
+1%
|
1 307
+0%
|
1 343
+3%
|
1 381
+3%
|
1 458
+6%
|
1 524
+5%
|
1 583
+4%
|
1 666
+5%
|
1 588
-5%
|
1 523
-4%
|
1 576
+4%
|
1 559
-1%
|
1 759
+13%
|
1 912
+9%
|
1 938
+1%
|
2 005
+3%
|
1 959
-2%
|
1 910
-3%
|
1 887
-1%
|
1 804
-4%
|
1 762
-2%
|
1 751
-1%
|
1 753
+0%
|
1 772
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||
Cost of Revenue |
(981)
|
(934)
|
(887)
|
(911)
|
(959)
|
(988)
|
(1 025)
|
(1 037)
|
(1 054)
|
(1 099)
|
(1 144)
|
(1 222)
|
(1 288)
|
(1 342)
|
(1 420)
|
(1 364)
|
(1 307)
|
(1 350)
|
(1 326)
|
(1 501)
|
(1 627)
|
(1 658)
|
(1 728)
|
(1 695)
|
(1 673)
|
(1 650)
|
(1 575)
|
(1 534)
|
(1 503)
|
(1 505)
|
(1 518)
|
|
Gross Profit |
229
N/A
|
223
-2%
|
231
+3%
|
232
+0%
|
237
+2%
|
249
+5%
|
268
+7%
|
265
-1%
|
254
-4%
|
244
-4%
|
237
-3%
|
236
0%
|
236
0%
|
241
+2%
|
247
+2%
|
224
-9%
|
216
-4%
|
226
+5%
|
233
+3%
|
258
+11%
|
285
+10%
|
280
-1%
|
278
-1%
|
264
-5%
|
237
-10%
|
237
0%
|
229
-3%
|
228
-1%
|
248
+9%
|
248
0%
|
254
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||
Operating Expenses |
(114)
|
(105)
|
(112)
|
(111)
|
(115)
|
(124)
|
(134)
|
(131)
|
(137)
|
(143)
|
(136)
|
(131)
|
(126)
|
(122)
|
(140)
|
(132)
|
(123)
|
(123)
|
(136)
|
(147)
|
(162)
|
(163)
|
(167)
|
(150)
|
(149)
|
(153)
|
(158)
|
(161)
|
(162)
|
(160)
|
(164)
|
|
Selling, General & Administrative |
(90)
|
(98)
|
(82)
|
(106)
|
(113)
|
(113)
|
(84)
|
(106)
|
(111)
|
(112)
|
(88)
|
(95)
|
(83)
|
(81)
|
(96)
|
(86)
|
(81)
|
(85)
|
(90)
|
(97)
|
(101)
|
(97)
|
(93)
|
(93)
|
(92)
|
(91)
|
(93)
|
(92)
|
(96)
|
(100)
|
(104)
|
|
Research & Development |
0
|
0
|
(24)
|
0
|
0
|
(13)
|
(49)
|
0
|
0
|
(30)
|
(45)
|
(32)
|
(43)
|
(42)
|
(46)
|
(49)
|
(47)
|
(44)
|
(46)
|
(57)
|
(66)
|
(73)
|
(64)
|
(62)
|
(62)
|
(65)
|
(62)
|
(73)
|
(73)
|
(69)
|
(57)
|
|
Depreciation & Amortization |
0
|
0
|
(6)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(14)
|
|
Other Operating Expenses |
(24)
|
(7)
|
(0)
|
(5)
|
(1)
|
1
|
4
|
(25)
|
(26)
|
(2)
|
4
|
(4)
|
(1)
|
1
|
9
|
3
|
5
|
7
|
10
|
8
|
6
|
7
|
4
|
5
|
5
|
3
|
13
|
5
|
7
|
9
|
11
|
|
Operating Income |
114
N/A
|
119
+4%
|
119
+0%
|
121
+2%
|
122
+1%
|
125
+2%
|
134
+7%
|
134
0%
|
117
-12%
|
101
-14%
|
101
+0%
|
105
+4%
|
110
+4%
|
119
+9%
|
107
-11%
|
92
-14%
|
93
+1%
|
103
+12%
|
97
-6%
|
112
+15%
|
122
+10%
|
117
-4%
|
110
-6%
|
114
+3%
|
88
-22%
|
83
-5%
|
71
-14%
|
67
-6%
|
86
+29%
|
88
+2%
|
90
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(11)
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(1)
|
1
|
(3)
|
(6)
|
(13)
|
(15)
|
(15)
|
(12)
|
(13)
|
(23)
|
(34)
|
(39)
|
(41)
|
(30)
|
(13)
|
(14)
|
(2)
|
(7)
|
(5)
|
(5)
|
(15)
|
(13)
|
(16)
|
|
Non-Reccuring Items |
0
|
0
|
6
|
5
|
5
|
4
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
1
|
1
|
0
|
1
|
(1)
|
0
|
0
|
0
|
0
|
|
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
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
2
|
2
|
2
|
1
|
2
|
2
|
0
|
(0)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
|
Pre-Tax Income |
104
N/A
|
110
+6%
|
117
+7%
|
119
+1%
|
122
+2%
|
125
+3%
|
129
+3%
|
128
-1%
|
115
-10%
|
100
-13%
|
97
-3%
|
98
+0%
|
95
-2%
|
103
+8%
|
90
-12%
|
79
-12%
|
80
+1%
|
80
N/A
|
62
-23%
|
70
+14%
|
80
+13%
|
85
+6%
|
96
+14%
|
99
+3%
|
85
-14%
|
76
-11%
|
66
-13%
|
62
-7%
|
71
+16%
|
75
+4%
|
74
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||
Tax Provision |
(28)
|
(30)
|
(29)
|
(30)
|
(29)
|
(28)
|
(29)
|
(27)
|
(24)
|
(18)
|
(20)
|
(20)
|
(19)
|
(21)
|
(14)
|
(11)
|
(10)
|
(8)
|
(5)
|
(5)
|
(4)
|
(4)
|
(7)
|
(9)
|
(7)
|
(5)
|
(2)
|
(2)
|
(3)
|
(5)
|
(5)
|
|
Income from Continuing Operations |
76
|
80
|
88
|
90
|
93
|
97
|
100
|
100
|
91
|
82
|
78
|
78
|
77
|
81
|
76
|
69
|
70
|
72
|
56
|
66
|
75
|
81
|
89
|
90
|
78
|
71
|
64
|
59
|
68
|
70
|
69
|
|
Net Income (Common) |
76
N/A
|
80
+6%
|
88
+10%
|
90
+1%
|
93
+4%
|
97
+5%
|
100
+3%
|
100
+0%
|
91
-9%
|
82
-10%
|
78
-5%
|
78
+0%
|
77
-2%
|
81
+6%
|
76
-6%
|
69
-10%
|
70
+2%
|
72
+2%
|
56
-21%
|
66
+17%
|
75
+15%
|
81
+7%
|
89
+10%
|
90
+2%
|
78
-14%
|
71
-9%
|
64
-9%
|
59
-7%
|
68
+15%
|
70
+3%
|
69
-1%
|
|
EPS (Diluted) |
0.53
N/A
|
0.56
+6%
|
0.62
+11%
|
0.53
-15%
|
0.48
-9%
|
0.5
+4%
|
0.54
+8%
|
0.53
-2%
|
0.48
-9%
|
0.43
-10%
|
0.41
-5%
|
0.41
N/A
|
0.4
-2%
|
0.43
+7%
|
0.4
-7%
|
0.36
-10%
|
0.37
+3%
|
0.38
+3%
|
0.29
-24%
|
0.35
+21%
|
0.4
+14%
|
0.42
+5%
|
0.46
+10%
|
0.47
+2%
|
0.4
-15%
|
0.37
-8%
|
0.33
-11%
|
0.31
-6%
|
0.35
+13%
|
0.36
+3%
|
0.36
N/A
|