Neway Valve Suzhou Co Ltd
SSE:603699
Income Statement
Earnings Waterfall
Neway Valve Suzhou Co Ltd
Revenue
|
5.5B
CNY
|
Cost of Revenue
|
-3.8B
CNY
|
Gross Profit
|
1.7B
CNY
|
Operating Expenses
|
-855.7m
CNY
|
Operating Income
|
853.4m
CNY
|
Other Expenses
|
-131.6m
CNY
|
Net Income
|
721.8m
CNY
|
Income Statement
Neway Valve Suzhou Co Ltd
Jun-2014 | Sep-2014 | 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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||
Revenue |
2 519
N/A
|
2 591
+3%
|
2 734
+6%
|
2 632
-4%
|
2 725
+4%
|
2 488
-9%
|
2 150
-14%
|
2 151
+0%
|
1 984
-8%
|
1 965
-1%
|
2 046
+4%
|
2 067
+1%
|
2 143
+4%
|
2 287
+7%
|
2 395
+5%
|
2 469
+3%
|
2 614
+6%
|
2 724
+4%
|
2 781
+2%
|
2 802
+1%
|
2 760
-1%
|
2 920
+6%
|
3 057
+5%
|
3 141
+3%
|
3 387
+8%
|
3 552
+5%
|
3 632
+2%
|
3 708
+2%
|
3 862
+4%
|
3 828
-1%
|
3 962
+3%
|
4 117
+4%
|
3 901
-5%
|
4 013
+3%
|
4 059
+1%
|
4 219
+4%
|
4 615
+9%
|
5 345
+16%
|
5 544
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 432)
|
(1 479)
|
(1 514)
|
(1 434)
|
(1 552)
|
(1 447)
|
(1 261)
|
(1 321)
|
(1 226)
|
(1 240)
|
(1 330)
|
(1 395)
|
(1 465)
|
(1 577)
|
(1 663)
|
(1 739)
|
(1 846)
|
(1 874)
|
(1 825)
|
(1 824)
|
(1 770)
|
(1 872)
|
(1 960)
|
(2 038)
|
(2 189)
|
(2 320)
|
(2 389)
|
(2 540)
|
(2 710)
|
(2 765)
|
(2 861)
|
(2 979)
|
(2 837)
|
(2 893)
|
(2 835)
|
(2 956)
|
(3 211)
|
(3 662)
|
(3 835)
|
|
Gross Profit |
1 087
N/A
|
1 112
+2%
|
1 221
+10%
|
1 198
-2%
|
1 173
-2%
|
1 040
-11%
|
889
-15%
|
830
-7%
|
758
-9%
|
724
-4%
|
715
-1%
|
672
-6%
|
678
+1%
|
710
+5%
|
732
+3%
|
730
0%
|
769
+5%
|
850
+11%
|
956
+12%
|
978
+2%
|
991
+1%
|
1 048
+6%
|
1 097
+5%
|
1 103
+1%
|
1 198
+9%
|
1 232
+3%
|
1 243
+1%
|
1 168
-6%
|
1 151
-1%
|
1 063
-8%
|
1 101
+4%
|
1 138
+3%
|
1 064
-6%
|
1 121
+5%
|
1 224
+9%
|
1 263
+3%
|
1 404
+11%
|
1 683
+20%
|
1 709
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(476)
|
(499)
|
(554)
|
(539)
|
(564)
|
(549)
|
(540)
|
(575)
|
(541)
|
(504)
|
(500)
|
(476)
|
(479)
|
(513)
|
(488)
|
(480)
|
(497)
|
(523)
|
(604)
|
(577)
|
(561)
|
(566)
|
(595)
|
(580)
|
(593)
|
(597)
|
(588)
|
(558)
|
(554)
|
(570)
|
(651)
|
(652)
|
(675)
|
(702)
|
(750)
|
(724)
|
(739)
|
(775)
|
(856)
|
|
Selling, General & Administrative |
(467)
|
(493)
|
(480)
|
(508)
|
(528)
|
(518)
|
(481)
|
(521)
|
(489)
|
(446)
|
(452)
|
(428)
|
(423)
|
(431)
|
(436)
|
(434)
|
(453)
|
(476)
|
(488)
|
(442)
|
(397)
|
(397)
|
(479)
|
(465)
|
(504)
|
(508)
|
(453)
|
(444)
|
(433)
|
(456)
|
(498)
|
(490)
|
(489)
|
(483)
|
(566)
|
(549)
|
(598)
|
(642)
|
(678)
|
|
Research & Development |
0
|
0
|
(56)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
(32)
|
(38)
|
0
|
0
|
(29)
|
(102)
|
(77)
|
(98)
|
(98)
|
(100)
|
(113)
|
(130)
|
(133)
|
(125)
|
(126)
|
(121)
|
(119)
|
(144)
|
(174)
|
(177)
|
(201)
|
(170)
|
(166)
|
(158)
|
(155)
|
(179)
|
|
Depreciation & Amortization |
0
|
0
|
(15)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(19)
|
|
Other Operating Expenses |
(9)
|
(6)
|
(3)
|
(31)
|
(36)
|
(31)
|
(2)
|
(54)
|
(52)
|
(58)
|
(6)
|
(47)
|
(56)
|
(49)
|
5
|
(46)
|
(45)
|
(18)
|
2
|
(60)
|
(66)
|
(71)
|
(1)
|
(2)
|
41
|
45
|
6
|
12
|
0
|
5
|
7
|
12
|
(10)
|
(19)
|
4
|
(9)
|
18
|
21
|
21
|
|
Operating Income |
611
N/A
|
613
+0%
|
666
+9%
|
659
-1%
|
610
-7%
|
491
-19%
|
349
-29%
|
255
-27%
|
218
-15%
|
221
+1%
|
216
-2%
|
197
-9%
|
199
+1%
|
197
-1%
|
244
+24%
|
250
+3%
|
271
+8%
|
328
+21%
|
352
+7%
|
401
+14%
|
429
+7%
|
482
+12%
|
501
+4%
|
523
+4%
|
605
+16%
|
635
+5%
|
656
+3%
|
610
-7%
|
598
-2%
|
493
-18%
|
450
-9%
|
486
+8%
|
389
-20%
|
418
+7%
|
474
+13%
|
539
+14%
|
665
+23%
|
908
+37%
|
853
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
6
|
7
|
9
|
12
|
26
|
27
|
43
|
38
|
37
|
38
|
38
|
29
|
8
|
15
|
14
|
0
|
3
|
(14)
|
(10)
|
(4)
|
22
|
42
|
21
|
21
|
(17)
|
(54)
|
(36)
|
(33)
|
(31)
|
(7)
|
14
|
(31)
|
29
|
92
|
81
|
37
|
52
|
(73)
|
(27)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(12)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
0
|
0
|
1
|
0
|
16
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(29)
|
(11)
|
(11)
|
(11)
|
(9)
|
(1)
|
1
|
1
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
(0)
|
(0)
|
(15)
|
(15)
|
(29)
|
(28)
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
14
|
15
|
10
|
9
|
25
|
76
|
83
|
81
|
69
|
16
|
19
|
20
|
14
|
5
|
1
|
(4)
|
(2)
|
2
|
(2)
|
2
|
3
|
2
|
6
|
6
|
7
|
7
|
8
|
5
|
4
|
2
|
(0)
|
(2)
|
(3)
|
(0)
|
2
|
2
|
2
|
0
|
23
|
|
Pre-Tax Income |
630
N/A
|
635
+1%
|
685
+8%
|
680
-1%
|
646
-5%
|
580
-10%
|
420
-28%
|
347
-17%
|
310
-11%
|
261
-16%
|
260
0%
|
242
-7%
|
220
-9%
|
217
-1%
|
258
+19%
|
249
-3%
|
273
+10%
|
316
+16%
|
340
+8%
|
399
+17%
|
454
+14%
|
527
+16%
|
544
+3%
|
550
+1%
|
596
+8%
|
588
-1%
|
628
+7%
|
581
-7%
|
569
-2%
|
488
-14%
|
433
-11%
|
442
+2%
|
404
-9%
|
498
+23%
|
549
+10%
|
578
+5%
|
720
+25%
|
836
+16%
|
849
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(112)
|
(109)
|
(113)
|
(115)
|
(98)
|
(86)
|
(76)
|
(63)
|
(65)
|
(60)
|
(48)
|
(45)
|
(43)
|
(39)
|
(55)
|
(56)
|
(56)
|
(64)
|
(69)
|
(81)
|
(80)
|
(83)
|
(86)
|
(81)
|
(92)
|
(96)
|
(94)
|
(85)
|
(83)
|
(66)
|
(54)
|
(53)
|
(46)
|
(60)
|
(74)
|
(75)
|
(98)
|
(120)
|
(115)
|
|
Income from Continuing Operations |
518
|
526
|
572
|
564
|
549
|
493
|
344
|
284
|
245
|
201
|
212
|
198
|
177
|
178
|
203
|
193
|
217
|
252
|
272
|
318
|
374
|
444
|
458
|
469
|
503
|
491
|
534
|
496
|
486
|
421
|
380
|
389
|
358
|
438
|
474
|
503
|
622
|
716
|
734
|
|
Income to Minority Interest |
(7)
|
(8)
|
(8)
|
(5)
|
(2)
|
(1)
|
(2)
|
(1)
|
3
|
6
|
8
|
7
|
4
|
4
|
7
|
7
|
5
|
4
|
3
|
0
|
1
|
(1)
|
(3)
|
(3)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(2)
|
(2)
|
(2)
|
(3)
|
(8)
|
(7)
|
(9)
|
(8)
|
(12)
|
|
Net Income (Common) |
511
N/A
|
518
+1%
|
564
+9%
|
560
-1%
|
546
-2%
|
493
-10%
|
342
-31%
|
283
-17%
|
248
-12%
|
207
-17%
|
220
+6%
|
205
-7%
|
181
-11%
|
181
+0%
|
209
+15%
|
199
-5%
|
222
+12%
|
256
+15%
|
274
+7%
|
319
+16%
|
375
+18%
|
443
+18%
|
455
+3%
|
467
+2%
|
498
+7%
|
486
-2%
|
528
+9%
|
489
-7%
|
480
-2%
|
415
-13%
|
377
-9%
|
387
+2%
|
356
-8%
|
436
+22%
|
466
+7%
|
496
+6%
|
614
+24%
|
708
+15%
|
722
+2%
|
|
EPS (Diluted) |
0.64
N/A
|
0.71
+11%
|
0.75
+6%
|
0.74
-1%
|
0.73
-1%
|
0.66
-10%
|
0.46
-30%
|
0.38
-17%
|
0.34
-11%
|
0.28
-18%
|
0.29
+4%
|
0.27
-7%
|
0.24
-11%
|
0.24
N/A
|
0.28
+17%
|
0.27
-4%
|
0.3
+11%
|
0.35
+17%
|
0.37
+6%
|
0.44
+19%
|
0.51
+16%
|
0.6
+18%
|
0.61
+2%
|
0.62
+2%
|
0.66
+6%
|
0.64
-3%
|
0.7
+9%
|
0.65
-7%
|
0.64
-2%
|
0.56
-13%
|
0.5
-11%
|
0.51
+2%
|
0.47
-8%
|
0.58
+23%
|
0.62
+7%
|
0.66
+6%
|
0.82
+24%
|
0.94
+15%
|
0.96
+2%
|