Guangxi Liugong Machinery Co Ltd
SZSE:000528
Income Statement
Earnings Waterfall
Guangxi Liugong Machinery Co Ltd
Revenue
|
27.5B
CNY
|
Cost of Revenue
|
-22B
CNY
|
Gross Profit
|
5.5B
CNY
|
Operating Expenses
|
-4.5B
CNY
|
Operating Income
|
999.4m
CNY
|
Other Expenses
|
-131.6m
CNY
|
Net Income
|
867.8m
CNY
|
Income Statement
Guangxi Liugong Machinery Co 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 |
12 585
N/A
|
12 363
-2%
|
11 594
-6%
|
11 181
-4%
|
10 293
-8%
|
9 266
-10%
|
8 338
-10%
|
7 472
-10%
|
6 656
-11%
|
6 901
+4%
|
6 594
-4%
|
6 634
+1%
|
7 005
+6%
|
7 509
+7%
|
9 270
+23%
|
10 684
+15%
|
11 939
+12%
|
13 792
+16%
|
15 801
+15%
|
16 699
+6%
|
18 085
+8%
|
18 478
+2%
|
18 462
0%
|
18 838
+2%
|
19 177
+2%
|
18 792
-2%
|
20 596
+10%
|
21 865
+6%
|
23 003
+5%
|
26 255
+14%
|
27 325
+4%
|
27 791
+2%
|
28 701
+3%
|
29 637
+3%
|
28 528
-4%
|
28 971
+2%
|
26 480
-9%
|
27 536
+4%
|
27 749
+1%
|
27 560
-1%
|
27 519
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10 050)
|
(9 768)
|
(9 165)
|
(8 792)
|
(8 049)
|
(7 262)
|
(6 462)
|
(5 751)
|
(5 022)
|
(5 236)
|
(4 972)
|
(4 997)
|
(5 285)
|
(5 710)
|
(7 117)
|
(8 256)
|
(9 300)
|
(10 735)
|
(12 303)
|
(12 992)
|
(14 079)
|
(14 336)
|
(14 326)
|
(14 492)
|
(14 717)
|
(14 539)
|
(16 147)
|
(17 418)
|
(18 392)
|
(21 311)
|
(22 347)
|
(22 849)
|
(23 838)
|
(24 533)
|
(23 811)
|
(24 224)
|
(22 201)
|
(22 899)
|
(22 617)
|
(22 179)
|
(22 008)
|
|
Gross Profit |
2 535
N/A
|
2 595
+2%
|
2 429
-6%
|
2 389
-2%
|
2 244
-6%
|
2 004
-11%
|
1 876
-6%
|
1 721
-8%
|
1 634
-5%
|
1 665
+2%
|
1 622
-3%
|
1 637
+1%
|
1 721
+5%
|
1 799
+5%
|
2 153
+20%
|
2 428
+13%
|
2 638
+9%
|
3 057
+16%
|
3 497
+14%
|
3 708
+6%
|
4 006
+8%
|
4 142
+3%
|
4 136
0%
|
4 347
+5%
|
4 461
+3%
|
4 253
-5%
|
4 449
+5%
|
4 448
0%
|
4 611
+4%
|
4 943
+7%
|
4 977
+1%
|
4 942
-1%
|
4 863
-2%
|
5 104
+5%
|
4 718
-8%
|
4 747
+1%
|
4 279
-10%
|
4 637
+8%
|
5 132
+11%
|
5 382
+5%
|
5 511
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 997)
|
(2 036)
|
(2 084)
|
(2 047)
|
(1 955)
|
(1 713)
|
(1 598)
|
(1 599)
|
(1 439)
|
(1 663)
|
(1 675)
|
(1 607)
|
(1 675)
|
(1 659)
|
(1 806)
|
(1 987)
|
(2 138)
|
(2 315)
|
(2 547)
|
(2 683)
|
(2 929)
|
(3 054)
|
(3 025)
|
(3 101)
|
(3 144)
|
(2 983)
|
(3 037)
|
(2 940)
|
(2 948)
|
(3 151)
|
(3 299)
|
(3 543)
|
(3 716)
|
(3 995)
|
(3 798)
|
(3 851)
|
(3 515)
|
(3 777)
|
(4 252)
|
(4 302)
|
(4 511)
|
|
Selling, General & Administrative |
(1 657)
|
(1 700)
|
(1 741)
|
(1 745)
|
(1 734)
|
(1 633)
|
(1 577)
|
(1 545)
|
(1 132)
|
(1 453)
|
(1 434)
|
(1 414)
|
(1 371)
|
(1 465)
|
(1 459)
|
(1 508)
|
(1 853)
|
(1 910)
|
(2 072)
|
(2 156)
|
(2 511)
|
(2 352)
|
(2 423)
|
(2 602)
|
(2 753)
|
(2 632)
|
(2 687)
|
(2 624)
|
(2 626)
|
(2 785)
|
(2 960)
|
(3 150)
|
(3 301)
|
(3 339)
|
(3 113)
|
(3 099)
|
(3 042)
|
(3 096)
|
(3 435)
|
(3 433)
|
(3 794)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(193)
|
0
|
0
|
0
|
(201)
|
0
|
0
|
(90)
|
(252)
|
0
|
0
|
(189)
|
(418)
|
(310)
|
(446)
|
(391)
|
(464)
|
(461)
|
(485)
|
(507)
|
(495)
|
(536)
|
(537)
|
(541)
|
(608)
|
(759)
|
(763)
|
(826)
|
(703)
|
(786)
|
(873)
|
(910)
|
(907)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(99)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(340)
|
(336)
|
(344)
|
(302)
|
(221)
|
(80)
|
(21)
|
(54)
|
(45)
|
(210)
|
(241)
|
(193)
|
(39)
|
(194)
|
(346)
|
(389)
|
41
|
(406)
|
(475)
|
(337)
|
75
|
(392)
|
(156)
|
(108)
|
131
|
109
|
135
|
191
|
272
|
170
|
198
|
147
|
227
|
104
|
78
|
75
|
274
|
105
|
55
|
41
|
189
|
|
Operating Income |
538
N/A
|
558
+4%
|
344
-38%
|
342
-1%
|
290
-15%
|
291
+0%
|
278
-4%
|
122
-56%
|
195
+60%
|
1
-99%
|
(53)
N/A
|
30
N/A
|
45
+50%
|
140
+212%
|
347
+148%
|
442
+27%
|
501
+13%
|
742
+48%
|
950
+28%
|
1 025
+8%
|
1 077
+5%
|
1 089
+1%
|
1 111
+2%
|
1 246
+12%
|
1 316
+6%
|
1 270
-3%
|
1 411
+11%
|
1 507
+7%
|
1 663
+10%
|
1 792
+8%
|
1 678
-6%
|
1 399
-17%
|
1 147
-18%
|
1 109
-3%
|
920
-17%
|
896
-3%
|
764
-15%
|
861
+13%
|
880
+2%
|
1 080
+23%
|
999
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(211)
|
(188)
|
(149)
|
(186)
|
(137)
|
(215)
|
(221)
|
(186)
|
(155)
|
(175)
|
(167)
|
(143)
|
(93)
|
(99)
|
(77)
|
(53)
|
9
|
2
|
(13)
|
(40)
|
(60)
|
(86)
|
(47)
|
(42)
|
(4)
|
(118)
|
(115)
|
(136)
|
(84)
|
41
|
83
|
160
|
89
|
40
|
(17)
|
(18)
|
24
|
1
|
81
|
(75)
|
9
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(3)
|
25
|
24
|
22
|
(8)
|
2
|
12
|
15
|
6
|
22
|
12
|
14
|
(4)
|
1
|
5
|
4
|
(11)
|
6
|
8
|
8
|
4
|
17
|
12
|
18
|
(18)
|
16
|
20
|
108
|
167
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
(17)
|
0
|
(16)
|
(16)
|
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 |
96
|
93
|
105
|
134
|
126
|
172
|
173
|
182
|
182
|
141
|
178
|
147
|
169
|
162
|
115
|
99
|
13
|
7
|
9
|
20
|
11
|
9
|
12
|
(2)
|
0
|
(4)
|
18
|
25
|
35
|
34
|
16
|
11
|
23
|
32
|
37
|
39
|
20
|
27
|
19
|
19
|
33
|
|
Pre-Tax Income |
423
N/A
|
463
+10%
|
301
-35%
|
291
-3%
|
297
+2%
|
249
-16%
|
230
-8%
|
118
-49%
|
208
+77%
|
(32)
N/A
|
(58)
-80%
|
18
N/A
|
118
+570%
|
228
+93%
|
410
+80%
|
509
+24%
|
515
+1%
|
752
+46%
|
958
+27%
|
1 020
+7%
|
1 034
+1%
|
1 033
0%
|
1 088
+5%
|
1 216
+12%
|
1 308
+8%
|
1 150
-12%
|
1 319
+15%
|
1 400
+6%
|
1 602
+14%
|
1 872
+17%
|
1 785
-5%
|
1 578
-12%
|
1 263
-20%
|
1 198
-5%
|
952
-21%
|
936
-2%
|
790
-16%
|
905
+14%
|
1 000
+11%
|
1 132
+13%
|
1 209
+7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(91)
|
(100)
|
(72)
|
(65)
|
(104)
|
(106)
|
(109)
|
(79)
|
(31)
|
(6)
|
7
|
(14)
|
(70)
|
(77)
|
(104)
|
(142)
|
(145)
|
(198)
|
(226)
|
(211)
|
(193)
|
(178)
|
(176)
|
(197)
|
(234)
|
(226)
|
(268)
|
(265)
|
(257)
|
(287)
|
(304)
|
(293)
|
(238)
|
(237)
|
(170)
|
(168)
|
(143)
|
(200)
|
(233)
|
(263)
|
(268)
|
|
Income from Continuing Operations |
332
|
363
|
229
|
226
|
193
|
143
|
121
|
39
|
178
|
(38)
|
(50)
|
4
|
48
|
151
|
306
|
367
|
369
|
554
|
732
|
809
|
841
|
855
|
912
|
1 020
|
1 074
|
923
|
1 051
|
1 135
|
1 345
|
1 586
|
1 481
|
1 285
|
1 025
|
962
|
781
|
769
|
647
|
705
|
767
|
869
|
942
|
|
Income to Minority Interest |
3
|
5
|
5
|
6
|
5
|
4
|
4
|
3
|
1
|
1
|
1
|
1
|
2
|
2
|
(13)
|
(21)
|
(22)
|
(37)
|
(49)
|
(50)
|
(51)
|
(50)
|
(57)
|
(63)
|
(57)
|
(41)
|
(16)
|
(4)
|
(14)
|
(6)
|
(15)
|
(2)
|
(28)
|
(70)
|
(60)
|
(76)
|
(48)
|
(45)
|
(33)
|
(29)
|
(74)
|
|
Net Income (Common) |
335
N/A
|
368
+10%
|
234
-36%
|
232
-1%
|
199
-14%
|
147
-26%
|
125
-15%
|
42
-67%
|
178
+328%
|
(37)
N/A
|
(49)
-33%
|
5
N/A
|
49
+861%
|
153
+213%
|
293
+91%
|
346
+18%
|
347
+0%
|
518
+49%
|
683
+32%
|
759
+11%
|
790
+4%
|
805
+2%
|
855
+6%
|
957
+12%
|
1 017
+6%
|
883
-13%
|
1 035
+17%
|
1 131
+9%
|
1 331
+18%
|
1 579
+19%
|
1 466
-7%
|
1 284
-12%
|
997
-22%
|
891
-11%
|
721
-19%
|
692
-4%
|
599
-13%
|
660
+10%
|
734
+11%
|
840
+14%
|
868
+3%
|
|
EPS (Diluted) |
0.23
N/A
|
0.26
+13%
|
0.16
-38%
|
0.16
N/A
|
0.14
-13%
|
0.09
-36%
|
0.08
-11%
|
0.03
-63%
|
0.12
+300%
|
-0.02
N/A
|
-0.03
-50%
|
0
N/A
|
0.03
N/A
|
0.1
+233%
|
0.2
+100%
|
0.24
+20%
|
0.24
N/A
|
0.36
+50%
|
0.47
+31%
|
0.52
+11%
|
0.54
+4%
|
0.55
+2%
|
0.58
+5%
|
0.65
+12%
|
0.69
+6%
|
0.59
-14%
|
0.69
+17%
|
0.75
+9%
|
0.9
+20%
|
1.06
+18%
|
0.6
-43%
|
2.56
+327%
|
0.68
-73%
|
0.45
-34%
|
0.35
-22%
|
0.34
-3%
|
0.31
-9%
|
0.33
+6%
|
0.36
+9%
|
0.41
+14%
|
0.41
N/A
|