Milkyway Chemical Supply Chain Service Co Ltd
SSE:603713
Income Statement
Earnings Waterfall
Milkyway Chemical Supply Chain Service Co Ltd
Revenue
|
10.3B
CNY
|
Cost of Revenue
|
-9.1B
CNY
|
Gross Profit
|
1.2B
CNY
|
Operating Expenses
|
-447.9m
CNY
|
Operating Income
|
742.6m
CNY
|
Other Expenses
|
-267.6m
CNY
|
Net Income
|
474.9m
CNY
|
Income Statement
Milkyway Chemical Supply Chain Service Co Ltd
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 |
1 458
N/A
|
1 586
+9%
|
1 784
+12%
|
1 917
+7%
|
2 141
+12%
|
2 355
+10%
|
2 419
+3%
|
2 548
+5%
|
2 792
+10%
|
3 015
+8%
|
3 427
+14%
|
4 235
+24%
|
5 404
+28%
|
6 991
+29%
|
8 645
+24%
|
10 260
+19%
|
11 452
+12%
|
11 788
+3%
|
11 576
-2%
|
10 866
-6%
|
9 834
-9%
|
10 109
+3%
|
9 753
-4%
|
10 299
+6%
|
|
Gross Profit | |||||||||||||||||||||||||
Cost of Revenue |
(1 182)
|
(1 280)
|
(1 458)
|
(1 578)
|
(1 782)
|
(1 950)
|
(1 978)
|
(2 098)
|
(2 285)
|
(2 488)
|
(2 854)
|
(3 617)
|
(4 757)
|
(6 257)
|
(7 758)
|
(9 271)
|
(10 318)
|
(10 549)
|
(10 316)
|
(9 659)
|
(8 686)
|
(8 955)
|
(8 609)
|
(9 108)
|
|
Gross Profit |
276
N/A
|
307
+11%
|
326
+6%
|
339
+4%
|
359
+6%
|
405
+13%
|
441
+9%
|
450
+2%
|
507
+13%
|
527
+4%
|
573
+9%
|
617
+8%
|
647
+5%
|
733
+13%
|
887
+21%
|
989
+12%
|
1 134
+15%
|
1 239
+9%
|
1 260
+2%
|
1 207
-4%
|
1 149
-5%
|
1 154
+0%
|
1 144
-1%
|
1 190
+4%
|
|
Operating Income | |||||||||||||||||||||||||
Operating Expenses |
(117)
|
(124)
|
(135)
|
(138)
|
(150)
|
(172)
|
(190)
|
(189)
|
(187)
|
(181)
|
(209)
|
(219)
|
(232)
|
(270)
|
(328)
|
(355)
|
(413)
|
(457)
|
(476)
|
(480)
|
(472)
|
(427)
|
(485)
|
(448)
|
|
Selling, General & Administrative |
(112)
|
(120)
|
(119)
|
(129)
|
(140)
|
(157)
|
(156)
|
(166)
|
(168)
|
(167)
|
(180)
|
(201)
|
(216)
|
(252)
|
(284)
|
(337)
|
(385)
|
(425)
|
(431)
|
(429)
|
(423)
|
(371)
|
(415)
|
(407)
|
|
Research & Development |
(8)
|
(9)
|
(10)
|
(12)
|
(13)
|
(16)
|
(23)
|
(25)
|
(27)
|
(28)
|
(25)
|
(29)
|
(26)
|
(26)
|
(28)
|
(30)
|
(36)
|
(40)
|
(31)
|
(34)
|
(31)
|
(34)
|
(46)
|
(50)
|
|
Depreciation & Amortization |
0
|
0
|
(8)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(27)
|
0
|
|
Other Operating Expenses |
3
|
5
|
1
|
2
|
3
|
2
|
3
|
2
|
9
|
14
|
11
|
11
|
10
|
8
|
12
|
12
|
7
|
8
|
11
|
(17)
|
(17)
|
(22)
|
3
|
9
|
|
Operating Income |
160
N/A
|
183
+15%
|
191
+5%
|
200
+5%
|
209
+4%
|
233
+11%
|
251
+8%
|
261
+4%
|
321
+23%
|
345
+8%
|
363
+5%
|
398
+9%
|
415
+4%
|
463
+12%
|
559
+21%
|
634
+13%
|
721
+14%
|
782
+9%
|
784
+0%
|
727
-7%
|
677
-7%
|
727
+7%
|
659
-9%
|
743
+13%
|
|
Pre-Tax Income | |||||||||||||||||||||||||
Interest Income Expense |
(15)
|
(11)
|
(4)
|
(18)
|
(17)
|
(19)
|
(9)
|
(12)
|
(14)
|
(22)
|
(23)
|
(33)
|
(41)
|
(37)
|
(33)
|
(51)
|
(44)
|
(28)
|
(37)
|
(60)
|
(51)
|
(106)
|
(78)
|
(97)
|
|
Non-Reccuring Items |
1
|
0
|
(18)
|
0
|
0
|
0
|
(3)
|
0
|
(2)
|
(2)
|
(4)
|
(0)
|
(0)
|
18
|
5
|
15
|
15
|
(2)
|
(38)
|
4
|
4
|
3
|
(10)
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(5)
|
0
|
|
Total Other Income |
9
|
6
|
11
|
8
|
10
|
7
|
14
|
14
|
13
|
11
|
15
|
12
|
1
|
1
|
17
|
2
|
9
|
15
|
27
|
23
|
38
|
46
|
41
|
45
|
|
Pre-Tax Income |
154
N/A
|
179
+16%
|
179
+0%
|
190
+6%
|
203
+6%
|
221
+9%
|
250
+13%
|
264
+5%
|
317
+20%
|
333
+5%
|
349
+5%
|
377
+8%
|
375
-1%
|
446
+19%
|
528
+18%
|
599
+14%
|
701
+17%
|
767
+9%
|
729
-5%
|
694
-5%
|
668
-4%
|
671
+0%
|
608
-9%
|
692
+14%
|
|
Net Income | |||||||||||||||||||||||||
Tax Provision |
(42)
|
(51)
|
(48)
|
(49)
|
(44)
|
(50)
|
(54)
|
(56)
|
(74)
|
(69)
|
(60)
|
(63)
|
(42)
|
(64)
|
(92)
|
(107)
|
(138)
|
(142)
|
(105)
|
(93)
|
(95)
|
(107)
|
(126)
|
(148)
|
|
Income from Continuing Operations |
112
|
128
|
132
|
141
|
159
|
171
|
196
|
207
|
243
|
263
|
290
|
314
|
332
|
382
|
436
|
492
|
563
|
626
|
624
|
602
|
573
|
564
|
481
|
544
|
|
Income to Minority Interest |
0
|
0
|
1
|
0
|
1
|
1
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(4)
|
(5)
|
(10)
|
(19)
|
(18)
|
(22)
|
(18)
|
(33)
|
(50)
|
(69)
|
|
Net Income (Common) |
112
N/A
|
128
+14%
|
132
+3%
|
141
+7%
|
159
+13%
|
172
+8%
|
196
+14%
|
207
+6%
|
243
+17%
|
263
+9%
|
289
+10%
|
313
+8%
|
331
+6%
|
379
+14%
|
432
+14%
|
488
+13%
|
552
+13%
|
607
+10%
|
605
0%
|
579
-4%
|
555
-4%
|
532
-4%
|
431
-19%
|
475
+10%
|
|
EPS (Diluted) |
0.98
N/A
|
0.88
-10%
|
1.01
+15%
|
0.92
-9%
|
1.06
+15%
|
1.13
+7%
|
1.29
+14%
|
1.35
+5%
|
1.58
+17%
|
1.71
+8%
|
1.89
+11%
|
2.04
+8%
|
2.01
-1%
|
2.3
+14%
|
2.66
+16%
|
3.14
+18%
|
3.18
+1%
|
3.69
+16%
|
3.56
-4%
|
3.29
-8%
|
3.14
-5%
|
3.02
-4%
|
2.54
-16%
|
2.89
+14%
|