PNC Process Systems Co Ltd
SSE:603690
Income Statement
Earnings Waterfall
PNC Process Systems Co Ltd
Revenue
|
3.3B
CNY
|
Cost of Revenue
|
-2.2B
CNY
|
Gross Profit
|
1.1B
CNY
|
Operating Expenses
|
-748.3m
CNY
|
Operating Income
|
391.8m
CNY
|
Other Expenses
|
-75.9m
CNY
|
Net Income
|
315.8m
CNY
|
Income Statement
PNC Process Systems 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 |
263
N/A
|
277
+5%
|
313
+13%
|
310
-1%
|
369
+19%
|
394
+7%
|
399
+1%
|
464
+16%
|
674
+45%
|
716
+6%
|
818
+14%
|
966
+18%
|
986
+2%
|
984
0%
|
1 176
+20%
|
1 134
-4%
|
1 397
+23%
|
1 515
+8%
|
1 796
+19%
|
1 919
+7%
|
2 084
+9%
|
2 401
+15%
|
2 284
-5%
|
2 727
+19%
|
3 050
+12%
|
3 286
+8%
|
3 409
+4%
|
3 323
-3%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(164)
|
(177)
|
(203)
|
(197)
|
(225)
|
(243)
|
(244)
|
(299)
|
(487)
|
(520)
|
(589)
|
(682)
|
(651)
|
(644)
|
(776)
|
(740)
|
(886)
|
(958)
|
(1 186)
|
(1 233)
|
(1 334)
|
(1 563)
|
(1 423)
|
(1 758)
|
(1 980)
|
(2 153)
|
(2 241)
|
(2 183)
|
|
Gross Profit |
99
N/A
|
100
+1%
|
110
+10%
|
113
+2%
|
144
+28%
|
150
+4%
|
156
+4%
|
165
+6%
|
187
+13%
|
197
+5%
|
229
+16%
|
284
+24%
|
336
+18%
|
340
+1%
|
400
+18%
|
395
-1%
|
512
+30%
|
557
+9%
|
610
+10%
|
686
+12%
|
750
+9%
|
838
+12%
|
860
+3%
|
969
+13%
|
1 070
+10%
|
1 132
+6%
|
1 169
+3%
|
1 140
-2%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(54)
|
(43)
|
(46)
|
(47)
|
(77)
|
(79)
|
(82)
|
(92)
|
(130)
|
(132)
|
(144)
|
(173)
|
(179)
|
(199)
|
(240)
|
(242)
|
(316)
|
(278)
|
(294)
|
(336)
|
(418)
|
(499)
|
(507)
|
(550)
|
(722)
|
(721)
|
(792)
|
(748)
|
|
Selling, General & Administrative |
(37)
|
(42)
|
(44)
|
(46)
|
(59)
|
(65)
|
(70)
|
(74)
|
(90)
|
(78)
|
(89)
|
(111)
|
(129)
|
(148)
|
(173)
|
(180)
|
(206)
|
(234)
|
(260)
|
(293)
|
(311)
|
(359)
|
(351)
|
(360)
|
(473)
|
(536)
|
(597)
|
(618)
|
|
Research & Development |
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
(10)
|
(35)
|
(35)
|
(52)
|
(55)
|
(50)
|
(69)
|
(73)
|
(72)
|
(81)
|
(118)
|
(108)
|
(119)
|
(130)
|
(142)
|
(155)
|
(193)
|
(159)
|
(208)
|
(233)
|
(185)
|
|
Depreciation & Amortization |
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(85)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(0)
|
(1)
|
(1)
|
2
|
(14)
|
(12)
|
(8)
|
3
|
(19)
|
(3)
|
(7)
|
19
|
18
|
6
|
10
|
8
|
73
|
75
|
76
|
72
|
2
|
(1)
|
4
|
(5)
|
23
|
38
|
55
|
|
Operating Income |
45
N/A
|
57
+28%
|
65
+13%
|
66
+2%
|
67
+2%
|
72
+7%
|
73
+2%
|
73
-1%
|
57
-22%
|
65
+13%
|
85
+32%
|
111
+31%
|
157
+40%
|
141
-10%
|
160
+13%
|
153
-4%
|
196
+28%
|
278
+42%
|
317
+14%
|
350
+11%
|
332
-5%
|
340
+2%
|
353
+4%
|
419
+19%
|
348
-17%
|
412
+18%
|
376
-9%
|
392
+4%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(5)
|
(6)
|
(9)
|
(18)
|
(23)
|
(23)
|
(26)
|
(21)
|
(19)
|
(26)
|
(28)
|
(38)
|
(48)
|
(48)
|
(13)
|
102
|
110
|
131
|
84
|
25
|
(4)
|
(38)
|
(57)
|
(57)
|
(82)
|
(85)
|
(96)
|
|
Non-Reccuring Items |
12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
14
|
(0)
|
0
|
0
|
2
|
2
|
2
|
2
|
|
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
|
|
Total Other Income |
1
|
(3)
|
(5)
|
(4)
|
7
|
0
|
0
|
(0)
|
1
|
2
|
2
|
2
|
1
|
(2)
|
(2)
|
(2)
|
1
|
2
|
5
|
2
|
4
|
4
|
1
|
2
|
(0)
|
(1)
|
(2)
|
2
|
|
Pre-Tax Income |
53
N/A
|
49
-7%
|
54
+9%
|
53
-2%
|
56
+7%
|
49
-12%
|
50
+2%
|
47
-7%
|
37
-22%
|
47
+29%
|
61
+30%
|
86
+40%
|
120
+40%
|
91
-24%
|
110
+21%
|
138
+25%
|
298
+117%
|
391
+31%
|
453
+16%
|
436
-4%
|
375
-14%
|
339
-9%
|
316
-7%
|
364
+15%
|
293
-19%
|
331
+13%
|
292
-12%
|
299
+3%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(9)
|
(9)
|
(5)
|
(7)
|
(8)
|
(8)
|
(10)
|
(7)
|
(10)
|
(17)
|
(37)
|
(41)
|
(72)
|
(72)
|
(90)
|
(98)
|
(93)
|
(97)
|
(13)
|
(19)
|
(12)
|
(21)
|
|
Income from Continuing Operations |
45
|
42
|
47
|
46
|
49
|
43
|
42
|
38
|
32
|
40
|
53
|
77
|
110
|
84
|
99
|
121
|
261
|
349
|
381
|
364
|
284
|
241
|
223
|
267
|
280
|
312
|
279
|
279
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
1
|
2
|
3
|
2
|
(0)
|
0
|
(2)
|
(2)
|
(0)
|
1
|
(0)
|
2
|
(2)
|
(12)
|
(10)
|
(11)
|
2
|
12
|
30
|
37
|
|
Net Income (Common) |
45
N/A
|
42
-8%
|
47
+11%
|
46
-2%
|
49
+8%
|
44
-11%
|
43
-1%
|
41
-6%
|
32
-20%
|
42
+28%
|
56
+35%
|
80
+41%
|
110
+39%
|
84
-24%
|
98
+16%
|
118
+21%
|
261
+120%
|
350
+34%
|
381
+9%
|
366
-4%
|
282
-23%
|
229
-19%
|
213
-7%
|
256
+21%
|
282
+10%
|
323
+14%
|
310
-4%
|
316
+2%
|
|
EPS (Diluted) |
0.29
N/A
|
0.2
-31%
|
0.22
+10%
|
0.28
+27%
|
0.24
-14%
|
0.22
-8%
|
0.22
N/A
|
0.18
-18%
|
0.16
-11%
|
0.18
+13%
|
0.22
+22%
|
0.31
+41%
|
0.45
+45%
|
0.32
-29%
|
0.37
+16%
|
0.45
+22%
|
0.99
+120%
|
1.1
+11%
|
1.21
+10%
|
1.15
-5%
|
0.74
-36%
|
0.72
-3%
|
0.67
-7%
|
0.66
-1%
|
0.74
+12%
|
0.84
+14%
|
1.11
+32%
|
0.82
-26%
|