Shandong Donghong Pipe Industry Co Ltd
SSE:603856
Income Statement
Earnings Waterfall
Shandong Donghong Pipe Industry Co Ltd
Revenue
|
2.9B
CNY
|
Cost of Revenue
|
-2.3B
CNY
|
Gross Profit
|
561.3m
CNY
|
Operating Expenses
|
-375m
CNY
|
Operating Income
|
186.3m
CNY
|
Other Expenses
|
-34.4m
CNY
|
Net Income
|
151.8m
CNY
|
Income Statement
Shandong Donghong Pipe Industry Co Ltd
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 |
1 844
N/A
|
1 507
-18%
|
1 639
+9%
|
1 654
+1%
|
1 743
+5%
|
1 638
-6%
|
1 680
+3%
|
1 740
+4%
|
1 749
+0%
|
1 839
+5%
|
1 808
-2%
|
2 028
+12%
|
2 145
+6%
|
2 393
+12%
|
2 478
+4%
|
2 474
0%
|
2 425
-2%
|
2 209
-9%
|
2 320
+5%
|
2 488
+7%
|
2 651
+7%
|
2 851
+8%
|
2 984
+5%
|
2 994
+0%
|
2 896
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(1 384)
|
(1 176)
|
(1 281)
|
(1 304)
|
(1 366)
|
(1 272)
|
(1 303)
|
(1 335)
|
(1 332)
|
(1 363)
|
(1 345)
|
(1 488)
|
(1 556)
|
(1 767)
|
(1 851)
|
(1 887)
|
(1 908)
|
(1 781)
|
(1 894)
|
(2 049)
|
(2 197)
|
(2 302)
|
(2 420)
|
(2 430)
|
(2 335)
|
|
Gross Profit |
460
N/A
|
330
-28%
|
359
+9%
|
350
-2%
|
376
+8%
|
366
-3%
|
377
+3%
|
405
+7%
|
416
+3%
|
475
+14%
|
463
-2%
|
540
+16%
|
589
+9%
|
625
+6%
|
627
+0%
|
587
-6%
|
517
-12%
|
428
-17%
|
425
-1%
|
439
+3%
|
455
+4%
|
550
+21%
|
564
+3%
|
563
0%
|
561
0%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(242)
|
(181)
|
(190)
|
(199)
|
(205)
|
(194)
|
(196)
|
(212)
|
(223)
|
(250)
|
(242)
|
(259)
|
(276)
|
(250)
|
(239)
|
(221)
|
(209)
|
(268)
|
(255)
|
(253)
|
(262)
|
(344)
|
(350)
|
(350)
|
(375)
|
|
Selling, General & Administrative |
(223)
|
(142)
|
(203)
|
(212)
|
(213)
|
(145)
|
(177)
|
(181)
|
(181)
|
(187)
|
(191)
|
(213)
|
(226)
|
(179)
|
(181)
|
(165)
|
(155)
|
(199)
|
(208)
|
(209)
|
(194)
|
(243)
|
(265)
|
(248)
|
(288)
|
|
Research & Development |
0
|
(42)
|
0
|
0
|
(10)
|
(41)
|
(33)
|
(47)
|
(46)
|
(51)
|
(49)
|
(52)
|
(58)
|
(59)
|
(66)
|
(66)
|
(60)
|
(50)
|
(55)
|
(53)
|
(67)
|
(81)
|
(92)
|
(99)
|
(98)
|
|
Depreciation & Amortization |
0
|
(10)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(18)
|
13
|
14
|
13
|
18
|
7
|
14
|
16
|
4
|
7
|
(2)
|
7
|
8
|
9
|
8
|
9
|
6
|
5
|
8
|
10
|
(1)
|
7
|
7
|
(4)
|
11
|
|
Operating Income |
218
N/A
|
149
-32%
|
169
+13%
|
151
-11%
|
172
+13%
|
172
+0%
|
181
+5%
|
193
+6%
|
194
+1%
|
226
+16%
|
222
-2%
|
281
+27%
|
314
+12%
|
376
+20%
|
388
+3%
|
366
-6%
|
308
-16%
|
159
-48%
|
170
+7%
|
186
+9%
|
192
+4%
|
206
+7%
|
214
+4%
|
213
0%
|
186
-13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(4)
|
(1)
|
(2)
|
0
|
4
|
1
|
4
|
4
|
4
|
1
|
0
|
(1)
|
(2)
|
(8)
|
(12)
|
(16)
|
(13)
|
(20)
|
(30)
|
(38)
|
(38)
|
(27)
|
(17)
|
(10)
|
|
Non-Reccuring Items |
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
9
|
(0)
|
(0)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
6
|
0
|
1
|
(1)
|
(2)
|
4
|
2
|
1
|
1
|
6
|
5
|
5
|
4
|
1
|
1
|
2
|
(0)
|
2
|
1
|
(0)
|
2
|
(0)
|
1
|
2
|
4
|
|
Pre-Tax Income |
218
N/A
|
145
-34%
|
169
+17%
|
148
-12%
|
170
+15%
|
179
+5%
|
185
+3%
|
197
+7%
|
198
+1%
|
236
+19%
|
228
-3%
|
285
+25%
|
316
+11%
|
373
+18%
|
380
+2%
|
357
-6%
|
292
-18%
|
149
-49%
|
151
+1%
|
156
+3%
|
156
+0%
|
177
+13%
|
188
+6%
|
198
+6%
|
181
-9%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
(33)
|
(23)
|
(27)
|
(22)
|
(25)
|
(25)
|
(27)
|
(26)
|
(25)
|
(34)
|
(32)
|
(44)
|
(48)
|
(55)
|
(55)
|
(50)
|
(41)
|
(16)
|
(17)
|
(17)
|
(15)
|
(27)
|
(32)
|
(31)
|
(23)
|
|
Income from Continuing Operations |
185
|
122
|
143
|
127
|
145
|
155
|
158
|
171
|
173
|
201
|
197
|
241
|
267
|
319
|
325
|
306
|
252
|
133
|
134
|
139
|
141
|
150
|
156
|
167
|
157
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(5)
|
(6)
|
|
Net Income (Common) |
186
N/A
|
122
-34%
|
143
+17%
|
127
-11%
|
145
+14%
|
155
+7%
|
158
+2%
|
171
+8%
|
173
+1%
|
201
+16%
|
197
-2%
|
241
+22%
|
267
+11%
|
319
+19%
|
325
+2%
|
306
-6%
|
252
-18%
|
133
-47%
|
134
+1%
|
139
+4%
|
141
+1%
|
149
+6%
|
154
+3%
|
163
+6%
|
152
-7%
|
|
EPS (Diluted) |
0.97
N/A
|
0.48
-51%
|
0.55
+15%
|
0.49
-11%
|
0.57
+16%
|
0.6
+5%
|
0.62
+3%
|
0.67
+8%
|
0.68
+1%
|
0.79
+16%
|
0.77
-3%
|
0.94
+22%
|
1.04
+11%
|
1.24
+19%
|
1.26
+2%
|
1.19
-6%
|
0.97
-18%
|
0.52
-46%
|
0.52
N/A
|
0.54
+4%
|
0.55
+2%
|
0.58
+5%
|
0.59
+2%
|
0.64
+8%
|
0.59
-8%
|