Shenzhen Agricultural Products Group Co Ltd
SZSE:000061
Income Statement
Earnings Waterfall
Shenzhen Agricultural Products Group Co Ltd
Revenue
|
5.3B
CNY
|
Cost of Revenue
|
-3.8B
CNY
|
Gross Profit
|
1.5B
CNY
|
Operating Expenses
|
-657.2m
CNY
|
Operating Income
|
821.5m
CNY
|
Other Expenses
|
-377.1m
CNY
|
Net Income
|
444.3m
CNY
|
Income Statement
Shenzhen Agricultural Products Group Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 952
N/A
|
1 921
-2%
|
1 766
-8%
|
1 648
-7%
|
1 640
0%
|
1 659
+1%
|
1 679
+1%
|
1 737
+3%
|
1 839
+6%
|
1 847
+0%
|
1 905
+3%
|
2 020
+6%
|
2 124
+5%
|
2 151
+1%
|
2 275
+6%
|
2 446
+8%
|
2 400
-2%
|
2 438
+2%
|
2 442
+0%
|
2 302
-6%
|
2 387
+4%
|
2 546
+7%
|
2 712
+6%
|
2 853
+5%
|
2 951
+3%
|
2 998
+2%
|
3 068
+2%
|
3 174
+3%
|
3 358
+6%
|
3 745
+12%
|
3 949
+5%
|
4 092
+4%
|
4 135
+1%
|
3 909
-5%
|
3 866
-1%
|
4 354
+13%
|
4 651
+7%
|
5 154
+11%
|
5 533
+7%
|
5 490
-1%
|
5 300
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 289)
|
(1 220)
|
(1 075)
|
(991)
|
(1 015)
|
(1 022)
|
(1 038)
|
(1 018)
|
(1 117)
|
(1 165)
|
(1 215)
|
(1 366)
|
(1 486)
|
(1 528)
|
(1 618)
|
(1 570)
|
(1 534)
|
(1 532)
|
(1 505)
|
(1 463)
|
(1 585)
|
(1 692)
|
(1 785)
|
(1 809)
|
(1 899)
|
(1 916)
|
(1 995)
|
(2 040)
|
(2 231)
|
(2 499)
|
(2 662)
|
(2 786)
|
(2 868)
|
(2 755)
|
(2 830)
|
(3 187)
|
(3 519)
|
(3 899)
|
(4 085)
|
(3 972)
|
(3 821)
|
|
Gross Profit |
664
N/A
|
701
+6%
|
691
-1%
|
658
-5%
|
626
-5%
|
637
+2%
|
641
+1%
|
718
+12%
|
721
+0%
|
682
-5%
|
690
+1%
|
654
-5%
|
637
-3%
|
623
-2%
|
657
+5%
|
876
+33%
|
866
-1%
|
907
+5%
|
938
+3%
|
839
-11%
|
802
-4%
|
855
+7%
|
927
+8%
|
1 044
+13%
|
1 053
+1%
|
1 082
+3%
|
1 073
-1%
|
1 135
+6%
|
1 127
-1%
|
1 245
+10%
|
1 287
+3%
|
1 306
+2%
|
1 267
-3%
|
1 154
-9%
|
1 035
-10%
|
1 167
+13%
|
1 132
-3%
|
1 256
+11%
|
1 448
+15%
|
1 518
+5%
|
1 479
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(484)
|
(479)
|
(502)
|
(523)
|
(518)
|
(522)
|
(527)
|
(589)
|
(571)
|
(583)
|
(594)
|
(616)
|
(603)
|
(592)
|
(599)
|
(548)
|
(478)
|
(478)
|
(458)
|
(462)
|
(418)
|
(408)
|
(381)
|
(493)
|
(438)
|
(460)
|
(470)
|
(564)
|
(555)
|
(542)
|
(571)
|
(636)
|
(584)
|
(586)
|
(600)
|
(535)
|
(504)
|
(589)
|
(626)
|
(719)
|
(657)
|
|
Selling, General & Administrative |
(463)
|
(456)
|
(475)
|
(442)
|
(523)
|
(528)
|
(537)
|
(498)
|
(563)
|
(575)
|
(575)
|
(562)
|
(592)
|
(585)
|
(622)
|
(554)
|
(549)
|
(549)
|
(516)
|
(561)
|
(520)
|
(518)
|
(491)
|
(510)
|
(502)
|
(521)
|
(534)
|
(588)
|
(612)
|
(603)
|
(632)
|
(645)
|
(641)
|
(643)
|
(653)
|
(578)
|
(593)
|
(672)
|
(707)
|
(742)
|
(726)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(9)
|
(12)
|
(14)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(16)
|
(17)
|
(18)
|
(18)
|
(13)
|
(14)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(38)
|
0
|
|
Other Operating Expenses |
(21)
|
(24)
|
(27)
|
(8)
|
6
|
6
|
10
|
(3)
|
(8)
|
(8)
|
(19)
|
(2)
|
(11)
|
(6)
|
24
|
58
|
72
|
72
|
58
|
152
|
112
|
122
|
124
|
65
|
73
|
68
|
72
|
68
|
64
|
68
|
70
|
58
|
67
|
67
|
64
|
101
|
107
|
101
|
100
|
74
|
83
|
|
Operating Income |
179
N/A
|
222
+24%
|
190
-14%
|
135
-29%
|
108
-20%
|
115
+6%
|
113
-1%
|
130
+15%
|
150
+16%
|
99
-34%
|
96
-2%
|
39
-60%
|
35
-10%
|
31
-10%
|
58
+86%
|
329
+463%
|
388
+18%
|
429
+11%
|
480
+12%
|
377
-21%
|
384
+2%
|
447
+16%
|
546
+22%
|
551
+1%
|
615
+12%
|
622
+1%
|
604
-3%
|
570
-5%
|
572
+0%
|
703
+23%
|
716
+2%
|
671
-6%
|
684
+2%
|
568
-17%
|
435
-23%
|
632
+45%
|
629
0%
|
667
+6%
|
822
+23%
|
799
-3%
|
821
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(15)
|
(22)
|
(21)
|
(40)
|
(62)
|
(70)
|
(56)
|
(118)
|
(114)
|
(82)
|
157
|
(131)
|
188
|
167
|
(91)
|
(185)
|
(197)
|
(249)
|
(183)
|
(214)
|
(66)
|
(43)
|
(119)
|
(158)
|
49
|
194
|
202
|
(70)
|
81
|
(38)
|
(41)
|
(102)
|
(22)
|
(14)
|
10
|
(105)
|
(86)
|
(77)
|
(76)
|
(44)
|
34
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
286
|
(1)
|
0
|
0
|
51
|
0
|
0
|
8
|
84
|
0
|
3
|
(0)
|
223
|
(2)
|
(3)
|
(1)
|
139
|
1
|
2
|
1
|
139
|
56
|
56
|
56
|
(1)
|
0
|
0
|
2
|
99
|
2
|
|
Gain/Loss on Disposition of Assets |
(11)
|
0
|
(12)
|
60
|
(2)
|
(2)
|
5
|
2
|
5
|
5
|
(1)
|
0
|
0
|
(1)
|
4
|
(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
|
|
Total Other Income |
92
|
95
|
138
|
86
|
168
|
180
|
131
|
126
|
108
|
89
|
93
|
66
|
61
|
51
|
32
|
2
|
(9)
|
(9)
|
(39)
|
(9)
|
(32)
|
(31)
|
(8)
|
1
|
(9)
|
(9)
|
(12)
|
6
|
4
|
6
|
11
|
13
|
11
|
7
|
2
|
(9)
|
(15)
|
(14)
|
(13)
|
(49)
|
(48)
|
|
Pre-Tax Income |
245
N/A
|
294
+20%
|
295
+0%
|
231
-21%
|
211
-9%
|
222
+5%
|
194
-13%
|
134
-31%
|
150
+11%
|
110
-26%
|
345
+214%
|
261
-24%
|
284
+9%
|
249
-12%
|
4
-98%
|
197
+5 071%
|
183
-7%
|
172
-6%
|
266
+55%
|
239
-10%
|
286
+20%
|
376
+31%
|
420
+12%
|
616
+47%
|
653
+6%
|
805
+23%
|
794
-1%
|
645
-19%
|
658
+2%
|
673
+2%
|
688
+2%
|
722
+5%
|
729
+1%
|
616
-15%
|
503
-18%
|
517
+3%
|
529
+2%
|
576
+9%
|
734
+28%
|
805
+10%
|
810
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(73)
|
(87)
|
(85)
|
(96)
|
(88)
|
(94)
|
(99)
|
(90)
|
(94)
|
(90)
|
(145)
|
(168)
|
(180)
|
(177)
|
(122)
|
(135)
|
(130)
|
(134)
|
(139)
|
(138)
|
(139)
|
(149)
|
(173)
|
(209)
|
(229)
|
(271)
|
(262)
|
(203)
|
(200)
|
(190)
|
(200)
|
(226)
|
(229)
|
(232)
|
(212)
|
(185)
|
(193)
|
(179)
|
(206)
|
(207)
|
(211)
|
|
Income from Continuing Operations |
172
|
207
|
210
|
135
|
124
|
129
|
95
|
44
|
55
|
20
|
201
|
93
|
104
|
72
|
(119)
|
61
|
53
|
38
|
126
|
100
|
147
|
226
|
247
|
407
|
424
|
534
|
532
|
442
|
458
|
483
|
488
|
496
|
499
|
385
|
291
|
332
|
336
|
397
|
529
|
599
|
600
|
|
Income to Minority Interest |
(83)
|
(102)
|
(99)
|
(51)
|
(34)
|
(31)
|
(24)
|
(24)
|
(25)
|
(11)
|
(13)
|
(5)
|
(15)
|
(5)
|
(4)
|
(47)
|
(41)
|
(52)
|
(68)
|
(58)
|
(57)
|
(74)
|
(87)
|
(97)
|
(117)
|
(125)
|
(111)
|
(127)
|
(122)
|
(140)
|
(155)
|
(121)
|
(124)
|
(93)
|
(81)
|
(130)
|
(119)
|
(141)
|
(166)
|
(150)
|
(155)
|
|
Net Income (Common) |
89
N/A
|
105
+18%
|
112
+6%
|
84
-24%
|
90
+7%
|
98
+9%
|
71
-28%
|
21
-71%
|
30
+46%
|
9
-71%
|
188
+2 087%
|
89
-53%
|
89
+1%
|
66
-26%
|
(123)
N/A
|
14
N/A
|
12
-14%
|
(14)
N/A
|
58
N/A
|
43
-27%
|
91
+111%
|
152
+68%
|
160
+5%
|
310
+94%
|
307
-1%
|
409
+33%
|
421
+3%
|
315
-25%
|
336
+7%
|
343
+2%
|
333
-3%
|
374
+12%
|
376
+0%
|
292
-22%
|
210
-28%
|
202
-4%
|
217
+7%
|
256
+18%
|
363
+42%
|
449
+24%
|
444
-1%
|
|
EPS (Diluted) |
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|
0.04
-33%
|
0.01
-75%
|
0.01
N/A
|
0
N/A
|
0.11
N/A
|
0.05
-55%
|
0.06
+20%
|
0.04
-33%
|
-0.07
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0.04
N/A
|
0.03
-25%
|
0.06
+100%
|
0.09
+50%
|
0.09
N/A
|
0.18
+100%
|
0.18
N/A
|
0.24
+33%
|
0.25
+4%
|
0.19
-24%
|
0.19
N/A
|
0.2
+5%
|
0.19
-5%
|
0.22
+16%
|
0.22
N/A
|
0.17
-23%
|
0.12
-29%
|
0.12
N/A
|
0.13
+8%
|
0.15
+15%
|
0.21
+40%
|
0.26
+24%
|
0.26
N/A
|