Zhejiang Xinao Textiles Inc
SSE:603889
Income Statement
Earnings Waterfall
Zhejiang Xinao Textiles Inc
Revenue
|
4.6B
CNY
|
Cost of Revenue
|
-3.7B
CNY
|
Gross Profit
|
829.3m
CNY
|
Operating Expenses
|
-332.3m
CNY
|
Operating Income
|
497m
CNY
|
Other Expenses
|
-86.8m
CNY
|
Net Income
|
410.2m
CNY
|
Income Statement
Zhejiang Xinao Textiles Inc
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
1 437
N/A
|
1 474
+3%
|
1 532
+4%
|
1 519
-1%
|
1 565
+3%
|
1 596
+2%
|
1 621
+2%
|
1 656
+2%
|
1 703
+3%
|
1 783
+5%
|
1 835
+3%
|
1 919
+5%
|
2 053
+7%
|
2 215
+8%
|
2 312
+4%
|
2 376
+3%
|
2 497
+5%
|
2 485
0%
|
2 566
+3%
|
2 763
+8%
|
2 764
+0%
|
2 762
0%
|
2 710
-2%
|
2 481
-8%
|
2 212
-11%
|
2 221
+0%
|
2 273
+2%
|
2 422
+7%
|
2 956
+22%
|
3 259
+10%
|
3 445
+6%
|
3 702
+7%
|
3 805
+3%
|
3 865
+2%
|
3 950
+2%
|
4 034
+2%
|
4 151
+3%
|
4 336
+4%
|
4 438
+2%
|
4 560
+3%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 165)
|
(1 191)
|
(1 234)
|
(1 229)
|
(1 275)
|
(1 298)
|
(1 308)
|
(1 333)
|
(1 358)
|
(1 418)
|
(1 461)
|
(1 538)
|
(1 646)
|
(1 793)
|
(1 857)
|
(1 932)
|
(2 050)
|
(2 030)
|
(2 101)
|
(2 288)
|
(2 302)
|
(2 349)
|
(2 334)
|
(2 143)
|
(1 929)
|
(1 928)
|
(1 933)
|
(2 035)
|
(2 436)
|
(2 656)
|
(2 810)
|
(3 024)
|
(3 114)
|
(3 143)
|
(3 223)
|
(3 280)
|
(3 359)
|
(3 532)
|
(3 634)
|
(3 731)
|
|
Gross Profit |
272
N/A
|
283
+4%
|
298
+5%
|
290
-3%
|
290
+0%
|
298
+3%
|
313
+5%
|
323
+3%
|
345
+7%
|
366
+6%
|
374
+2%
|
382
+2%
|
408
+7%
|
422
+4%
|
456
+8%
|
443
-3%
|
448
+1%
|
455
+2%
|
465
+2%
|
475
+2%
|
462
-3%
|
413
-11%
|
376
-9%
|
338
-10%
|
283
-16%
|
293
+4%
|
341
+16%
|
387
+13%
|
520
+35%
|
603
+16%
|
636
+5%
|
677
+7%
|
691
+2%
|
722
+5%
|
727
+1%
|
754
+4%
|
793
+5%
|
803
+1%
|
804
+0%
|
829
+3%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(122)
|
(125)
|
(131)
|
(130)
|
(134)
|
(136)
|
(157)
|
(153)
|
(159)
|
(166)
|
(178)
|
(169)
|
(173)
|
(177)
|
(198)
|
(196)
|
(201)
|
(204)
|
(222)
|
(217)
|
(217)
|
(221)
|
(224)
|
(222)
|
(228)
|
(235)
|
(201)
|
(197)
|
(207)
|
(203)
|
(265)
|
(278)
|
(280)
|
(301)
|
(312)
|
(319)
|
(342)
|
(341)
|
(331)
|
(332)
|
|
Selling, General & Administrative |
(119)
|
(123)
|
(88)
|
(127)
|
(132)
|
(134)
|
(109)
|
(152)
|
(158)
|
(165)
|
(120)
|
(164)
|
(168)
|
(155)
|
(123)
|
(180)
|
(183)
|
(187)
|
(133)
|
(164)
|
(145)
|
(144)
|
(133)
|
(134)
|
(137)
|
(147)
|
(122)
|
(132)
|
(141)
|
(129)
|
(168)
|
(173)
|
(181)
|
(197)
|
(202)
|
(212)
|
(219)
|
(227)
|
(229)
|
(227)
|
|
Research & Development |
0
|
0
|
(35)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
(18)
|
(64)
|
0
|
0
|
(18)
|
(69)
|
(60)
|
(83)
|
(86)
|
(77)
|
(79)
|
(79)
|
(76)
|
(68)
|
(73)
|
(84)
|
(89)
|
(91)
|
(99)
|
(92)
|
(102)
|
(103)
|
(108)
|
(114)
|
(110)
|
(108)
|
(115)
|
|
Depreciation & Amortization |
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(21)
|
0
|
|
Other Operating Expenses |
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(5)
|
(5)
|
(4)
|
2
|
(16)
|
(18)
|
1
|
1
|
7
|
12
|
9
|
8
|
(8)
|
(12)
|
(13)
|
7
|
8
|
18
|
14
|
14
|
(6)
|
(7)
|
(3)
|
12
|
1
|
(10)
|
(4)
|
27
|
10
|
|
Operating Income |
150
N/A
|
158
+5%
|
168
+6%
|
161
-4%
|
156
-3%
|
162
+4%
|
156
-4%
|
170
+9%
|
186
+10%
|
200
+7%
|
196
-2%
|
213
+9%
|
235
+10%
|
245
+4%
|
257
+5%
|
247
-4%
|
247
0%
|
251
+2%
|
243
-3%
|
258
+6%
|
245
-5%
|
192
-22%
|
152
-21%
|
117
-23%
|
54
-54%
|
58
+6%
|
140
+143%
|
190
+36%
|
313
+65%
|
400
+28%
|
371
-7%
|
399
+8%
|
411
+3%
|
421
+2%
|
415
-1%
|
435
+5%
|
450
+4%
|
462
+3%
|
473
+2%
|
497
+5%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(26)
|
(24)
|
(24)
|
(10)
|
1
|
(7)
|
(3)
|
(4)
|
(7)
|
(1)
|
1
|
(7)
|
(11)
|
(15)
|
(7)
|
(2)
|
(2)
|
(7)
|
(9)
|
(15)
|
(5)
|
(1)
|
7
|
4
|
(2)
|
(3)
|
(13)
|
(18)
|
(22)
|
(22)
|
(18)
|
(21)
|
(15)
|
(8)
|
15
|
17
|
34
|
22
|
11
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
(2)
|
(1)
|
(0)
|
(0)
|
(1)
|
62
|
63
|
64
|
63
|
1
|
(1)
|
(1)
|
(0)
|
(0)
|
36
|
36
|
38
|
38
|
2
|
3
|
0
|
1
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
(1)
|
(1)
|
4
|
4
|
4
|
7
|
2
|
3
|
3
|
1
|
1
|
2
|
2
|
1
|
(1)
|
(1)
|
(1)
|
1
|
3
|
3
|
2
|
3
|
(1)
|
(1)
|
0
|
(9)
|
(8)
|
(7)
|
(7)
|
2
|
2
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
2
|
1
|
|
Pre-Tax Income |
128
N/A
|
134
+5%
|
143
+7%
|
155
+8%
|
161
+4%
|
158
-2%
|
160
+1%
|
168
+5%
|
181
+8%
|
202
+11%
|
197
-2%
|
207
+5%
|
225
+9%
|
233
+3%
|
252
+8%
|
246
-2%
|
245
0%
|
244
-1%
|
233
-4%
|
246
+5%
|
243
-1%
|
192
-21%
|
161
-16%
|
182
+13%
|
115
-37%
|
119
+3%
|
181
+52%
|
165
-9%
|
284
+72%
|
370
+30%
|
355
-4%
|
379
+7%
|
433
+14%
|
448
+3%
|
467
+4%
|
490
+5%
|
486
-1%
|
487
+0%
|
486
0%
|
493
+2%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(19)
|
(22)
|
(24)
|
(18)
|
(20)
|
(14)
|
(23)
|
(25)
|
(27)
|
(34)
|
(32)
|
(38)
|
(49)
|
(53)
|
(42)
|
(38)
|
(31)
|
(28)
|
(32)
|
(31)
|
(28)
|
(16)
|
(17)
|
(21)
|
(10)
|
(10)
|
(20)
|
(16)
|
(34)
|
(45)
|
(42)
|
(45)
|
(52)
|
(54)
|
(59)
|
(61)
|
(60)
|
(58)
|
(55)
|
(58)
|
|
Income from Continuing Operations |
109
|
112
|
119
|
137
|
141
|
145
|
138
|
143
|
155
|
167
|
165
|
169
|
177
|
179
|
210
|
208
|
215
|
216
|
201
|
215
|
215
|
177
|
144
|
161
|
105
|
109
|
161
|
149
|
250
|
325
|
313
|
335
|
381
|
394
|
408
|
428
|
426
|
429
|
430
|
435
|
|
Income to Minority Interest |
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(5)
|
(10)
|
(11)
|
(17)
|
(20)
|
(15)
|
(12)
|
(13)
|
(14)
|
(19)
|
(23)
|
(24)
|
(26)
|
(26)
|
(25)
|
|
Net Income (Common) |
104
N/A
|
107
+2%
|
114
+6%
|
133
+17%
|
137
+4%
|
139
+2%
|
132
-5%
|
137
+3%
|
148
+8%
|
160
+8%
|
159
-1%
|
164
+3%
|
173
+5%
|
177
+2%
|
207
+17%
|
206
-1%
|
213
+4%
|
215
+1%
|
199
-7%
|
213
+7%
|
214
+0%
|
175
-18%
|
143
-18%
|
159
+11%
|
102
-36%
|
104
+1%
|
152
+46%
|
137
-9%
|
233
+70%
|
305
+31%
|
298
-2%
|
322
+8%
|
368
+14%
|
380
+3%
|
390
+3%
|
406
+4%
|
402
-1%
|
403
+0%
|
404
+0%
|
410
+1%
|
|
EPS (Diluted) |
0.32
N/A
|
0.33
+3%
|
0.36
+9%
|
0.31
-14%
|
0.32
+3%
|
0.34
+6%
|
0.32
-6%
|
0.33
+3%
|
0.36
+9%
|
0.39
+8%
|
0.38
-3%
|
0.39
+3%
|
0.41
+5%
|
0.34
-17%
|
0.45
+32%
|
0.4
-11%
|
0.43
+7%
|
0.41
-5%
|
0.39
-5%
|
0.42
+8%
|
0.42
N/A
|
0.34
-19%
|
0.28
-18%
|
0.31
+11%
|
0.2
-35%
|
0.2
N/A
|
0.3
+50%
|
0.26
-13%
|
0.45
+73%
|
0.59
+31%
|
0.42
-29%
|
0.63
+50%
|
0.72
+14%
|
0.53
-26%
|
0.54
+2%
|
0.56
+4%
|
0.56
N/A
|
0.56
N/A
|
0.56
N/A
|
0.57
+2%
|