North Industries Group Red Arrow Co Ltd
SZSE:000519
Income Statement
Earnings Waterfall
North Industries Group Red Arrow Co Ltd
Revenue
|
6.2B
CNY
|
Cost of Revenue
|
-4.3B
CNY
|
Gross Profit
|
1.9B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
804.8m
CNY
|
Other Expenses
|
44.1m
CNY
|
Net Income
|
848.9m
CNY
|
Income Statement
North Industries Group Red Arrow 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 |
2 105
N/A
|
2 149
+2%
|
2 086
-3%
|
2 036
-2%
|
2 021
-1%
|
1 849
-9%
|
1 757
-5%
|
3 939
+124%
|
4 234
+7%
|
4 604
+9%
|
4 939
+7%
|
3 782
-23%
|
3 716
-2%
|
3 968
+7%
|
4 229
+7%
|
4 775
+13%
|
5 090
+7%
|
5 197
+2%
|
5 232
+1%
|
4 954
-5%
|
5 093
+3%
|
5 090
0%
|
5 256
+3%
|
5 322
+1%
|
5 176
-3%
|
5 435
+5%
|
5 841
+7%
|
6 463
+11%
|
6 923
+7%
|
7 026
+1%
|
7 410
+5%
|
7 514
+1%
|
7 529
+0%
|
7 836
+4%
|
7 505
-4%
|
6 714
-11%
|
6 108
-9%
|
5 424
-11%
|
4 882
-10%
|
6 116
+25%
|
6 226
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 281)
|
(1 325)
|
(1 334)
|
(1 309)
|
(1 331)
|
(1 194)
|
(1 120)
|
(2 926)
|
(3 198)
|
(3 578)
|
(3 874)
|
(3 001)
|
(2 973)
|
(3 225)
|
(3 483)
|
(3 903)
|
(4 095)
|
(4 120)
|
(4 059)
|
(3 867)
|
(3 989)
|
(3 986)
|
(4 155)
|
(4 302)
|
(4 156)
|
(4 365)
|
(4 645)
|
(5 380)
|
(5 687)
|
(5 653)
|
(5 957)
|
(5 993)
|
(5 821)
|
(5 919)
|
(5 614)
|
(4 801)
|
(4 521)
|
(4 116)
|
(3 685)
|
(4 210)
|
(4 311)
|
|
Gross Profit |
824
N/A
|
824
+0%
|
752
-9%
|
727
-3%
|
690
-5%
|
655
-5%
|
637
-3%
|
1 013
+59%
|
1 036
+2%
|
1 027
-1%
|
1 066
+4%
|
782
-27%
|
744
-5%
|
744
+0%
|
746
+0%
|
873
+17%
|
996
+14%
|
1 078
+8%
|
1 173
+9%
|
1 087
-7%
|
1 104
+2%
|
1 104
+0%
|
1 101
0%
|
1 020
-7%
|
1 020
+0%
|
1 070
+5%
|
1 197
+12%
|
1 083
-10%
|
1 236
+14%
|
1 373
+11%
|
1 453
+6%
|
1 521
+5%
|
1 708
+12%
|
1 918
+12%
|
1 891
-1%
|
1 912
+1%
|
1 587
-17%
|
1 309
-18%
|
1 197
-9%
|
1 906
+59%
|
1 915
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(258)
|
(249)
|
(252)
|
(249)
|
(238)
|
(242)
|
(237)
|
(585)
|
(662)
|
(727)
|
(806)
|
(643)
|
(626)
|
(634)
|
(643)
|
(703)
|
(708)
|
(719)
|
(720)
|
(695)
|
(733)
|
(737)
|
(737)
|
(743)
|
(812)
|
(794)
|
(877)
|
(718)
|
(782)
|
(826)
|
(782)
|
(947)
|
(931)
|
(941)
|
(1 009)
|
(1 067)
|
(1 093)
|
(1 113)
|
(1 117)
|
(1 110)
|
(1 110)
|
|
Selling, General & Administrative |
(246)
|
(237)
|
(241)
|
(190)
|
(214)
|
(220)
|
(215)
|
(386)
|
(626)
|
(693)
|
(771)
|
(440)
|
(566)
|
(574)
|
(526)
|
(472)
|
(541)
|
(560)
|
(578)
|
(450)
|
(511)
|
(444)
|
(431)
|
(454)
|
(430)
|
(433)
|
(490)
|
(449)
|
(479)
|
(498)
|
(478)
|
(582)
|
(594)
|
(604)
|
(612)
|
(641)
|
(674)
|
(695)
|
(688)
|
(618)
|
(611)
|
|
Research & Development |
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(166)
|
0
|
0
|
0
|
(164)
|
0
|
0
|
(58)
|
(190)
|
0
|
0
|
(113)
|
(215)
|
(169)
|
(237)
|
(245)
|
(282)
|
(300)
|
(302)
|
(329)
|
(288)
|
(324)
|
(333)
|
(315)
|
(320)
|
(356)
|
(363)
|
(414)
|
(363)
|
(406)
|
(402)
|
(423)
|
(436)
|
(470)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(76)
|
0
|
0
|
0
|
(95)
|
0
|
|
Other Operating Expenses |
(12)
|
(12)
|
(11)
|
(1)
|
(24)
|
(22)
|
(22)
|
(1)
|
(35)
|
(35)
|
(35)
|
(0)
|
(60)
|
(60)
|
(58)
|
13
|
(168)
|
(159)
|
(29)
|
21
|
(52)
|
(56)
|
(61)
|
28
|
(82)
|
(59)
|
(58)
|
73
|
21
|
4
|
11
|
33
|
19
|
26
|
17
|
13
|
(13)
|
(16)
|
(6)
|
39
|
(29)
|
|
Operating Income |
566
N/A
|
575
+2%
|
500
-13%
|
478
-4%
|
452
-5%
|
413
-9%
|
400
-3%
|
428
+7%
|
375
-12%
|
299
-20%
|
259
-13%
|
139
-46%
|
118
-15%
|
110
-6%
|
103
-7%
|
170
+65%
|
288
+69%
|
359
+25%
|
453
+26%
|
392
-14%
|
371
-5%
|
368
-1%
|
364
-1%
|
276
-24%
|
209
-24%
|
276
+32%
|
320
+16%
|
365
+14%
|
453
+24%
|
546
+21%
|
671
+23%
|
574
-14%
|
777
+35%
|
977
+26%
|
882
-10%
|
846
-4%
|
493
-42%
|
195
-60%
|
79
-59%
|
797
+904%
|
805
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(51)
|
(41)
|
(26)
|
(11)
|
(7)
|
(4)
|
(1)
|
14
|
14
|
6
|
(3)
|
(13)
|
(14)
|
(5)
|
5
|
7
|
11
|
12
|
14
|
28
|
32
|
51
|
54
|
50
|
54
|
54
|
57
|
51
|
56
|
48
|
66
|
68
|
66
|
90
|
94
|
106
|
105
|
90
|
90
|
89
|
94
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
11
|
8
|
8
|
8
|
(6)
|
(3)
|
(2)
|
(4)
|
(1)
|
0
|
(0)
|
1
|
(7)
|
1
|
2
|
2
|
(36)
|
(3)
|
(3)
|
(3)
|
(15)
|
0
|
(5)
|
(11)
|
3
|
0
|
(5)
|
(0)
|
(7)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(2)
|
0
|
(3)
|
(3)
|
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
|
6
|
5
|
11
|
14
|
13
|
14
|
22
|
17
|
23
|
21
|
21
|
23
|
19
|
18
|
(21)
|
(21)
|
(21)
|
(21)
|
4
|
4
|
2
|
2
|
(10)
|
(20)
|
(20)
|
(19)
|
1
|
(34)
|
(32)
|
(33)
|
(24)
|
(22)
|
(21)
|
(18)
|
14
|
20
|
25
|
40
|
23
|
19
|
|
Pre-Tax Income |
519
N/A
|
540
+4%
|
479
-11%
|
477
0%
|
460
-4%
|
422
-8%
|
413
-2%
|
463
+12%
|
406
-12%
|
325
-20%
|
274
-16%
|
158
-42%
|
135
-15%
|
132
-2%
|
134
+1%
|
151
+12%
|
275
+82%
|
348
+26%
|
443
+28%
|
422
-5%
|
406
-4%
|
420
+3%
|
421
+0%
|
310
-26%
|
243
-21%
|
312
+28%
|
360
+15%
|
381
+6%
|
473
+24%
|
559
+18%
|
702
+26%
|
604
-14%
|
821
+36%
|
1 041
+27%
|
947
-9%
|
969
+2%
|
619
-36%
|
305
-51%
|
210
-31%
|
902
+330%
|
917
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(92)
|
(96)
|
(81)
|
(81)
|
(77)
|
(74)
|
(72)
|
(76)
|
(67)
|
(53)
|
(50)
|
(21)
|
(19)
|
(25)
|
(19)
|
(31)
|
(53)
|
(70)
|
(87)
|
(74)
|
(71)
|
(67)
|
(51)
|
(55)
|
(41)
|
(36)
|
(60)
|
(106)
|
(121)
|
(140)
|
(150)
|
(119)
|
(150)
|
(181)
|
(188)
|
(150)
|
(115)
|
(82)
|
(66)
|
(73)
|
(69)
|
|
Income from Continuing Operations |
426
|
444
|
398
|
397
|
382
|
348
|
341
|
387
|
339
|
272
|
224
|
137
|
115
|
107
|
115
|
120
|
222
|
278
|
356
|
348
|
335
|
353
|
370
|
255
|
203
|
276
|
301
|
275
|
351
|
419
|
552
|
485
|
670
|
860
|
760
|
819
|
503
|
223
|
143
|
828
|
849
|
|
Income to Minority Interest |
1
|
0
|
1
|
0
|
0
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
0
|
6
|
0
|
5
|
5
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
427
N/A
|
444
+4%
|
398
-10%
|
397
0%
|
383
-4%
|
349
-9%
|
341
-2%
|
387
+13%
|
338
-13%
|
271
-20%
|
224
-17%
|
138
-38%
|
116
-16%
|
107
-7%
|
116
+8%
|
126
+9%
|
228
+81%
|
283
+24%
|
361
+27%
|
347
-4%
|
335
-4%
|
353
+5%
|
370
+5%
|
255
-31%
|
203
-21%
|
276
+36%
|
301
+9%
|
275
-9%
|
351
+28%
|
419
+19%
|
552
+32%
|
485
-12%
|
670
+38%
|
860
+28%
|
760
-12%
|
819
+8%
|
503
-39%
|
223
-56%
|
143
-36%
|
828
+477%
|
849
+2%
|
|
EPS (Diluted) |
0.38
N/A
|
0.42
+11%
|
0.35
-17%
|
0.38
+9%
|
0.37
-3%
|
0.34
-8%
|
0.34
N/A
|
0.37
+9%
|
0.33
-11%
|
0.26
-21%
|
0.21
-19%
|
0.11
-48%
|
0.09
-18%
|
0.08
-11%
|
0.08
N/A
|
0.09
+13%
|
0.16
+78%
|
0.2
+25%
|
0.26
+30%
|
0.25
-4%
|
0.24
-4%
|
0.25
+4%
|
0.26
+4%
|
0.18
-31%
|
0.14
-22%
|
0.2
+43%
|
0.22
+10%
|
0.2
-9%
|
0.26
+30%
|
0.31
+19%
|
0.4
+29%
|
0.35
-13%
|
0.48
+37%
|
0.62
+29%
|
0.55
-11%
|
0.59
+7%
|
0.36
-39%
|
0.16
-56%
|
0.1
-38%
|
0.59
+490%
|
0.61
+3%
|