China National Accord Medicines Corp Ltd
SZSE:000028
Income Statement
Earnings Waterfall
China National Accord Medicines Corp Ltd
Revenue
|
75.5B
CNY
|
Cost of Revenue
|
-66.4B
CNY
|
Gross Profit
|
9B
CNY
|
Operating Expenses
|
-6.7B
CNY
|
Operating Income
|
2.4B
CNY
|
Other Expenses
|
-768.9m
CNY
|
Net Income
|
1.6B
CNY
|
Income Statement
China National Accord Medicines Corp Ltd
Dec-2013 | Mar-2014 | 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 |
21 200
N/A
|
21 865
+3%
|
22 681
+4%
|
23 418
+3%
|
23 954
+2%
|
24 683
+3%
|
25 156
+2%
|
25 740
+2%
|
37 819
+47%
|
41 869
+11%
|
45 567
+9%
|
49 248
+8%
|
41 248
-16%
|
41 158
0%
|
41 210
+0%
|
41 417
+1%
|
41 263
0%
|
41 298
+0%
|
41 518
+1%
|
41 752
+1%
|
43 122
+3%
|
44 938
+4%
|
47 944
+7%
|
50 780
+6%
|
52 787
+4%
|
53 539
+1%
|
54 357
+2%
|
56 244
+3%
|
59 649
+6%
|
62 876
+5%
|
65 643
+4%
|
66 979
+2%
|
68 358
+2%
|
69 459
+2%
|
71 324
+3%
|
72 765
+2%
|
73 443
+1%
|
74 979
+2%
|
75 702
+1%
|
75 412
0%
|
75 477
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19 482)
|
(20 084)
|
(20 833)
|
(21 565)
|
(22 032)
|
(22 744)
|
(23 224)
|
(23 756)
|
(33 469)
|
(36 964)
|
(40 008)
|
(43 055)
|
(36 655)
|
(36 788)
|
(36 895)
|
(37 153)
|
(36 820)
|
(36 916)
|
(36 936)
|
(37 036)
|
(38 027)
|
(39 745)
|
(42 496)
|
(45 150)
|
(46 892)
|
(47 663)
|
(48 293)
|
(49 873)
|
(52 597)
|
(55 640)
|
(57 998)
|
(59 165)
|
(60 345)
|
(61 484)
|
(63 251)
|
(64 520)
|
(64 533)
|
(66 036)
|
(66 702)
|
(66 410)
|
(66 443)
|
|
Gross Profit |
1 717
N/A
|
1 779
+4%
|
1 846
+4%
|
1 852
+0%
|
1 922
+4%
|
1 938
+1%
|
1 931
0%
|
1 983
+3%
|
4 350
+119%
|
4 906
+13%
|
5 560
+13%
|
6 194
+11%
|
4 593
-26%
|
4 372
-5%
|
4 317
-1%
|
4 266
-1%
|
4 443
+4%
|
4 381
-1%
|
4 581
+5%
|
4 715
+3%
|
5 096
+8%
|
5 192
+2%
|
5 446
+5%
|
5 628
+3%
|
5 894
+5%
|
5 875
0%
|
6 063
+3%
|
6 369
+5%
|
7 053
+11%
|
7 234
+3%
|
7 644
+6%
|
7 814
+2%
|
8 013
+3%
|
7 974
0%
|
8 073
+1%
|
8 244
+2%
|
8 910
+8%
|
8 944
+0%
|
9 000
+1%
|
9 002
+0%
|
9 035
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(951)
|
(970)
|
(1 006)
|
(1 000)
|
(1 020)
|
(1 066)
|
(1 027)
|
(1 047)
|
(3 013)
|
(3 498)
|
(4 008)
|
(4 531)
|
(3 129)
|
(2 995)
|
(2 993)
|
(2 980)
|
(3 145)
|
(3 071)
|
(3 186)
|
(3 298)
|
(3 638)
|
(3 678)
|
(3 835)
|
(3 964)
|
(4 108)
|
(4 183)
|
(4 277)
|
(4 548)
|
(4 977)
|
(5 162)
|
(5 525)
|
(5 685)
|
(5 907)
|
(6 123)
|
(6 201)
|
(6 302)
|
(6 535)
|
(6 506)
|
(6 585)
|
(6 590)
|
(6 667)
|
|
Selling, General & Administrative |
(909)
|
(934)
|
(972)
|
(967)
|
(914)
|
(1 010)
|
(973)
|
(993)
|
(2 787)
|
(3 437)
|
(3 953)
|
(4 474)
|
(2 972)
|
(3 009)
|
(3 011)
|
(3 003)
|
(2 997)
|
(3 098)
|
(3 214)
|
(3 326)
|
(3 479)
|
(3 701)
|
(3 866)
|
(4 004)
|
(3 429)
|
(4 237)
|
(4 341)
|
(4 608)
|
(4 091)
|
(5 236)
|
(5 612)
|
(5 789)
|
(4 816)
|
(6 000)
|
(6 053)
|
(6 146)
|
(5 196)
|
(6 503)
|
(6 579)
|
(6 577)
|
(5 171)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(81)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(11)
|
(21)
|
(27)
|
(26)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(101)
|
0
|
0
|
0
|
(98)
|
0
|
0
|
0
|
(91)
|
0
|
0
|
0
|
(100)
|
0
|
0
|
0
|
(693)
|
0
|
0
|
0
|
(910)
|
0
|
0
|
0
|
(1 037)
|
0
|
0
|
0
|
(1 250)
|
0
|
0
|
0
|
(1 370)
|
|
Other Operating Expenses |
(42)
|
(34)
|
(32)
|
(33)
|
21
|
(56)
|
(54)
|
(52)
|
(53)
|
(59)
|
(53)
|
(55)
|
(16)
|
14
|
18
|
23
|
(57)
|
29
|
30
|
29
|
(59)
|
24
|
32
|
41
|
15
|
56
|
64
|
60
|
24
|
75
|
87
|
104
|
(54)
|
(123)
|
(148)
|
(156)
|
(80)
|
9
|
16
|
14
|
(100)
|
|
Operating Income |
767
N/A
|
811
+6%
|
842
+4%
|
853
+1%
|
902
+6%
|
873
-3%
|
905
+4%
|
937
+4%
|
1 337
+43%
|
1 408
+5%
|
1 552
+10%
|
1 663
+7%
|
1 464
-12%
|
1 376
-6%
|
1 324
-4%
|
1 286
-3%
|
1 299
+1%
|
1 311
+1%
|
1 395
+6%
|
1 416
+2%
|
1 458
+3%
|
1 514
+4%
|
1 611
+6%
|
1 665
+3%
|
1 787
+7%
|
1 693
-5%
|
1 787
+6%
|
1 822
+2%
|
2 076
+14%
|
2 072
0%
|
2 118
+2%
|
2 128
+0%
|
2 106
-1%
|
1 851
-12%
|
1 872
+1%
|
1 942
+4%
|
2 375
+22%
|
2 438
+3%
|
2 416
-1%
|
2 412
0%
|
2 368
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(122)
|
(134)
|
(112)
|
(98)
|
(94)
|
(50)
|
(54)
|
(46)
|
(75)
|
(78)
|
57
|
49
|
(7)
|
191
|
125
|
162
|
164
|
165
|
157
|
195
|
206
|
197
|
164
|
147
|
42
|
82
|
92
|
136
|
81
|
182
|
166
|
99
|
79
|
0
|
(32)
|
(28)
|
(21)
|
60
|
140
|
140
|
53
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
100
|
9
|
9
|
9
|
0
|
5
|
5
|
5
|
7
|
3
|
3
|
4
|
1
|
3
|
8
|
10
|
6
|
7
|
1
|
(0)
|
(235)
|
5
|
8
|
10
|
(50)
|
9
|
13
|
13
|
42
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
2
|
8
|
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 |
14
|
15
|
41
|
42
|
48
|
51
|
34
|
30
|
61
|
64
|
63
|
67
|
43
|
34
|
28
|
13
|
3
|
3
|
3
|
6
|
8
|
8
|
5
|
7
|
21
|
20
|
22
|
6
|
(5)
|
(1)
|
0
|
11
|
25
|
18
|
15
|
21
|
7
|
5
|
(1)
|
(3)
|
10
|
|
Pre-Tax Income |
659
N/A
|
692
+5%
|
771
+11%
|
797
+3%
|
829
+4%
|
872
+5%
|
883
+1%
|
919
+4%
|
1 298
+41%
|
1 395
+7%
|
1 675
+20%
|
1 789
+7%
|
1 600
-11%
|
1 610
+1%
|
1 486
-8%
|
1 468
-1%
|
1 466
0%
|
1 483
+1%
|
1 560
+5%
|
1 622
+4%
|
1 679
+4%
|
1 723
+3%
|
1 785
+4%
|
1 825
+2%
|
1 851
+1%
|
1 798
-3%
|
1 908
+6%
|
1 974
+3%
|
2 157
+9%
|
2 261
+5%
|
2 287
+1%
|
2 238
-2%
|
1 975
-12%
|
1 874
-5%
|
1 863
-1%
|
1 945
+4%
|
2 311
+19%
|
2 513
+9%
|
2 568
+2%
|
2 562
0%
|
2 473
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(125)
|
(133)
|
(150)
|
(152)
|
(159)
|
(173)
|
(169)
|
(176)
|
(268)
|
(292)
|
(334)
|
(368)
|
(318)
|
(309)
|
(317)
|
(304)
|
(309)
|
(309)
|
(314)
|
(322)
|
(330)
|
(343)
|
(358)
|
(362)
|
(371)
|
(367)
|
(389)
|
(397)
|
(436)
|
(446)
|
(465)
|
(467)
|
(447)
|
(442)
|
(449)
|
(468)
|
(539)
|
(575)
|
(562)
|
(560)
|
(515)
|
|
Income from Continuing Operations |
534
|
559
|
621
|
645
|
670
|
700
|
715
|
744
|
1 030
|
1 103
|
1 342
|
1 422
|
1 282
|
1 302
|
1 170
|
1 165
|
1 157
|
1 175
|
1 246
|
1 300
|
1 348
|
1 380
|
1 426
|
1 462
|
1 480
|
1 430
|
1 519
|
1 577
|
1 721
|
1 816
|
1 823
|
1 772
|
1 528
|
1 433
|
1 414
|
1 476
|
1 772
|
1 938
|
2 006
|
2 002
|
1 958
|
|
Income to Minority Interest |
(14)
|
(15)
|
(15)
|
(15)
|
(17)
|
(18)
|
(21)
|
(23)
|
(102)
|
(119)
|
(143)
|
(159)
|
(95)
|
(96)
|
(86)
|
(84)
|
(99)
|
(97)
|
(103)
|
(119)
|
(138)
|
(162)
|
(208)
|
(218)
|
(212)
|
(213)
|
(256)
|
(271)
|
(319)
|
(334)
|
(324)
|
(293)
|
(191)
|
(173)
|
(145)
|
(166)
|
(285)
|
(341)
|
(364)
|
(373)
|
(359)
|
|
Net Income (Common) |
521
N/A
|
545
+5%
|
607
+11%
|
630
+4%
|
652
+3%
|
682
+5%
|
693
+2%
|
721
+4%
|
928
+29%
|
985
+6%
|
1 200
+22%
|
1 263
+5%
|
1 187
-6%
|
1 205
+2%
|
1 084
-10%
|
1 081
0%
|
1 058
-2%
|
1 079
+2%
|
1 144
+6%
|
1 182
+3%
|
1 211
+2%
|
1 217
+0%
|
1 218
+0%
|
1 243
+2%
|
1 268
+2%
|
1 218
-4%
|
1 263
+4%
|
1 307
+3%
|
1 402
+7%
|
1 482
+6%
|
1 500
+1%
|
1 478
-1%
|
1 336
-10%
|
1 260
-6%
|
1 269
+1%
|
1 310
+3%
|
1 487
+13%
|
1 597
+7%
|
1 643
+3%
|
1 629
-1%
|
1 599
-2%
|
|
EPS (Diluted) |
1.81
N/A
|
1.5
-17%
|
1.78
+19%
|
1.73
-3%
|
1.9
+10%
|
1.87
-2%
|
1.9
+2%
|
2
+5%
|
2.19
+10%
|
2.71
+24%
|
3.3
+22%
|
3.47
+5%
|
2.8
-19%
|
2.81
+0%
|
2.53
-10%
|
2.53
N/A
|
2.47
-2%
|
2.51
+2%
|
2.67
+6%
|
2.76
+3%
|
2.83
+3%
|
2.85
+1%
|
2.85
N/A
|
2.9
+2%
|
2.96
+2%
|
2.84
-4%
|
2.94
+4%
|
3.05
+4%
|
3.27
+7%
|
3.46
+6%
|
3.5
+1%
|
3.45
-1%
|
2.4
-30%
|
2.94
+23%
|
2.96
+1%
|
2.35
-21%
|
2.67
+14%
|
2.86
+7%
|
2.95
+3%
|
2.93
-1%
|
2.87
-2%
|