Yunnan Baiyao Group Co Ltd
SZSE:000538
Income Statement
Earnings Waterfall
Yunnan Baiyao Group Co Ltd
Revenue
|
39.1B
CNY
|
Cost of Revenue
|
-28.8B
CNY
|
Gross Profit
|
10.4B
CNY
|
Operating Expenses
|
-6.7B
CNY
|
Operating Income
|
3.7B
CNY
|
Other Expenses
|
434.2m
CNY
|
Net Income
|
4.1B
CNY
|
Income Statement
Yunnan Baiyao Group 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 |
15 831
N/A
|
16 641
+5%
|
17 148
+3%
|
17 921
+5%
|
18 814
+5%
|
19 365
+3%
|
19 730
+2%
|
20 185
+2%
|
20 738
+3%
|
21 199
+2%
|
21 647
+2%
|
22 337
+3%
|
22 411
+0%
|
23 149
+3%
|
23 919
+3%
|
24 131
+1%
|
24 315
+1%
|
24 743
+2%
|
25 499
+3%
|
26 284
+3%
|
27 017
+3%
|
27 686
+2%
|
27 769
+0%
|
28 686
+3%
|
29 665
+3%
|
30 402
+2%
|
31 261
+3%
|
31 950
+2%
|
32 743
+2%
|
35 328
+8%
|
36 333
+3%
|
37 175
+2%
|
36 374
-2%
|
35 476
-2%
|
35 308
0%
|
34 927
-1%
|
36 488
+4%
|
37 572
+3%
|
38 781
+3%
|
39 261
+1%
|
39 111
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11 201)
|
(11 716)
|
(12 145)
|
(12 726)
|
(13 155)
|
(13 665)
|
(13 822)
|
(14 048)
|
(14 408)
|
(14 874)
|
(15 199)
|
(15 679)
|
(15 721)
|
(16 303)
|
(16 756)
|
(16 950)
|
(16 764)
|
(17 211)
|
(17 790)
|
(18 393)
|
(18 576)
|
(19 374)
|
(19 562)
|
(20 189)
|
(21 392)
|
(21 820)
|
(22 473)
|
(22 971)
|
(23 782)
|
(25 691)
|
(26 400)
|
(27 412)
|
(26 516)
|
(25 904)
|
(25 968)
|
(25 647)
|
(26 950)
|
(28 165)
|
(29 016)
|
(29 336)
|
(28 757)
|
|
Gross Profit |
4 631
N/A
|
4 926
+6%
|
5 002
+2%
|
5 194
+4%
|
5 659
+9%
|
5 699
+1%
|
5 907
+4%
|
6 136
+4%
|
6 330
+3%
|
6 326
0%
|
6 450
+2%
|
6 661
+3%
|
6 689
+0%
|
6 846
+2%
|
7 163
+5%
|
7 180
+0%
|
7 551
+5%
|
7 533
0%
|
7 709
+2%
|
7 891
+2%
|
8 441
+7%
|
8 311
-2%
|
8 208
-1%
|
8 498
+4%
|
8 273
-3%
|
8 582
+4%
|
8 787
+2%
|
8 977
+2%
|
8 961
0%
|
9 636
+8%
|
9 932
+3%
|
9 763
-2%
|
9 858
+1%
|
9 572
-3%
|
9 339
-2%
|
9 280
-1%
|
9 538
+3%
|
9 407
-1%
|
9 766
+4%
|
9 925
+2%
|
10 354
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 667)
|
(2 169)
|
(2 167)
|
(1 739)
|
(2 914)
|
(2 821)
|
(3 000)
|
(3 150)
|
(3 217)
|
(3 262)
|
(3 311)
|
(3 412)
|
(3 444)
|
(3 545)
|
(3 741)
|
(3 674)
|
(4 150)
|
(4 018)
|
(3 994)
|
(4 501)
|
(4 083)
|
(5 329)
|
(6 099)
|
(5 887)
|
(5 373)
|
(5 357)
|
(4 872)
|
(4 840)
|
(4 895)
|
(5 279)
|
(5 819)
|
(6 014)
|
(5 779)
|
(5 615)
|
(5 647)
|
(5 888)
|
(6 203)
|
(6 205)
|
(5 644)
|
(5 639)
|
(6 694)
|
|
Selling, General & Administrative |
(2 484)
|
(2 632)
|
(2 666)
|
(2 497)
|
(2 785)
|
(3 012)
|
(3 157)
|
(3 307)
|
(3 179)
|
(3 248)
|
(3 286)
|
(3 378)
|
(3 346)
|
(3 539)
|
(3 776)
|
(3 717)
|
(4 147)
|
(4 054)
|
(3 971)
|
(4 408)
|
(4 121)
|
(4 351)
|
(4 954)
|
(4 733)
|
(5 267)
|
(5 134)
|
(4 897)
|
(4 917)
|
(4 939)
|
(5 215)
|
(5 670)
|
(5 753)
|
(5 297)
|
(5 258)
|
(5 260)
|
(5 523)
|
(5 743)
|
(5 891)
|
(5 350)
|
(5 396)
|
(6 204)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
(100)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
(109)
|
(103)
|
(88)
|
(124)
|
(141)
|
(165)
|
(190)
|
(192)
|
(193)
|
(176)
|
(188)
|
(203)
|
(250)
|
(319)
|
(331)
|
(354)
|
(344)
|
(282)
|
(348)
|
(353)
|
(347)
|
(318)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(92)
|
0
|
0
|
0
|
(158)
|
0
|
0
|
0
|
(245)
|
0
|
0
|
0
|
(211)
|
|
Other Operating Expenses |
(184)
|
463
|
499
|
758
|
4
|
189
|
155
|
155
|
109
|
(14)
|
(25)
|
(34)
|
30
|
(7)
|
33
|
43
|
122
|
36
|
(23)
|
16
|
198
|
(890)
|
(1 019)
|
(1 012)
|
146
|
(33)
|
217
|
270
|
311
|
124
|
53
|
(12)
|
(5)
|
(26)
|
(34)
|
(22)
|
68
|
35
|
59
|
104
|
38
|
|
Operating Income |
1 964
N/A
|
2 756
+40%
|
2 835
+3%
|
3 455
+22%
|
2 746
-21%
|
2 879
+5%
|
2 908
+1%
|
2 987
+3%
|
3 113
+4%
|
3 063
-2%
|
3 137
+2%
|
3 247
+4%
|
3 246
0%
|
3 301
+2%
|
3 422
+4%
|
3 507
+2%
|
3 401
-3%
|
3 516
+3%
|
3 716
+6%
|
3 390
-9%
|
4 358
+29%
|
2 982
-32%
|
2 109
-29%
|
2 611
+24%
|
2 900
+11%
|
3 226
+11%
|
3 916
+21%
|
4 138
+6%
|
4 066
-2%
|
4 356
+7%
|
4 112
-6%
|
3 748
-9%
|
4 079
+9%
|
3 957
-3%
|
3 692
-7%
|
3 392
-8%
|
3 336
-2%
|
3 202
-4%
|
4 122
+29%
|
4 286
+4%
|
3 660
-15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
32
|
45
|
50
|
(579)
|
85
|
28
|
63
|
66
|
48
|
163
|
161
|
161
|
74
|
132
|
126
|
120
|
160
|
214
|
495
|
679
|
735
|
1 946
|
1 680
|
1 553
|
834
|
865
|
1 169
|
1 540
|
2 732
|
1 823
|
2 091
|
1 130
|
(1 089)
|
(271)
|
(214)
|
200
|
702
|
1 369
|
892
|
1 409
|
1 097
|
|
Non-Reccuring Items |
644
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
7
|
0
|
11
|
11
|
4
|
6
|
0
|
0
|
59
|
0
|
0
|
60
|
(1 397)
|
0
|
12
|
12
|
1 009
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
495
|
2
|
(558)
|
(557)
|
(668)
|
(554)
|
13
|
13
|
64
|
|
Gain/Loss on Disposition of Assets |
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
(2)
|
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 |
63
|
55
|
59
|
53
|
82
|
74
|
81
|
99
|
43
|
48
|
56
|
41
|
74
|
72
|
48
|
60
|
2
|
(6)
|
(13)
|
(31)
|
1
|
(10)
|
(25)
|
(23)
|
(17)
|
(17)
|
(8)
|
(8)
|
(10)
|
(7)
|
(5)
|
(7)
|
(3)
|
(4)
|
(4)
|
(2)
|
7
|
3
|
(3)
|
(4)
|
(2)
|
|
Pre-Tax Income |
2 702
N/A
|
2 856
+6%
|
2 945
+3%
|
2 930
-1%
|
2 910
-1%
|
2 980
+2%
|
3 051
+2%
|
3 151
+3%
|
3 215
+2%
|
3 279
+2%
|
3 370
+3%
|
3 465
+3%
|
3 398
-2%
|
3 512
+3%
|
3 597
+2%
|
3 686
+2%
|
3 622
-2%
|
3 724
+3%
|
4 198
+13%
|
4 097
-2%
|
3 697
-10%
|
4 918
+33%
|
3 775
-23%
|
4 152
+10%
|
4 726
+14%
|
4 073
-14%
|
5 077
+25%
|
5 671
+12%
|
6 801
+20%
|
6 173
-9%
|
6 198
+0%
|
4 871
-21%
|
3 482
-29%
|
3 684
+6%
|
2 916
-21%
|
3 032
+4%
|
3 377
+11%
|
4 020
+19%
|
5 024
+25%
|
5 704
+14%
|
4 818
-16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(380)
|
(404)
|
(429)
|
(429)
|
(413)
|
(425)
|
(432)
|
(457)
|
(460)
|
(464)
|
(481)
|
(487)
|
(467)
|
(484)
|
(495)
|
(515)
|
(489)
|
(503)
|
(556)
|
(277)
|
(216)
|
(289)
|
(118)
|
(419)
|
(553)
|
(572)
|
(693)
|
(786)
|
(1 290)
|
(1 183)
|
(1 341)
|
(1 156)
|
(685)
|
(746)
|
(552)
|
(548)
|
(537)
|
(568)
|
(723)
|
(881)
|
(695)
|
|
Income from Continuing Operations |
2 322
|
2 452
|
2 517
|
2 502
|
2 497
|
2 555
|
2 619
|
2 694
|
2 756
|
2 815
|
2 890
|
2 979
|
2 931
|
3 029
|
3 101
|
3 170
|
3 133
|
3 220
|
3 642
|
3 820
|
3 480
|
4 630
|
3 658
|
3 734
|
4 173
|
3 501
|
4 384
|
4 884
|
5 511
|
4 989
|
4 856
|
3 714
|
2 796
|
2 938
|
2 364
|
2 484
|
2 840
|
3 453
|
4 300
|
4 823
|
4 123
|
|
Income to Minority Interest |
0
|
(1)
|
0
|
6
|
9
|
10
|
13
|
11
|
15
|
17
|
15
|
11
|
(11)
|
(5)
|
(4)
|
(5)
|
12
|
6
|
7
|
15
|
13
|
14
|
13
|
6
|
11
|
8
|
7
|
11
|
5
|
8
|
7
|
(1)
|
7
|
17
|
139
|
174
|
161
|
152
|
28
|
(3)
|
(29)
|
|
Net Income (Common) |
2 322
N/A
|
2 451
+6%
|
2 516
+3%
|
2 507
0%
|
2 506
0%
|
2 562
+2%
|
2 630
+3%
|
2 703
+3%
|
2 771
+3%
|
2 832
+2%
|
2 904
+3%
|
2 989
+3%
|
2 920
-2%
|
3 023
+4%
|
3 097
+2%
|
3 165
+2%
|
3 145
-1%
|
3 226
+3%
|
3 649
+13%
|
3 836
+5%
|
3 494
-9%
|
4 645
+33%
|
3 672
-21%
|
3 740
+2%
|
4 184
+12%
|
3 509
-16%
|
4 391
+25%
|
4 895
+11%
|
5 516
+13%
|
4 997
-9%
|
4 864
-3%
|
3 713
-24%
|
2 804
-24%
|
2 955
+5%
|
2 502
-15%
|
2 658
+6%
|
3 001
+13%
|
3 605
+20%
|
4 329
+20%
|
4 820
+11%
|
4 094
-15%
|
|
EPS (Diluted) |
2.23
N/A
|
2.35
+5%
|
2.41
+3%
|
2.4
0%
|
2.41
+0%
|
2.46
+2%
|
2.53
+3%
|
2.6
+3%
|
2.66
+2%
|
2.72
+2%
|
2.79
+3%
|
2.87
+3%
|
2.8
-2%
|
2.91
+4%
|
2.98
+2%
|
3.05
+2%
|
3.02
-1%
|
3.1
+3%
|
3.46
+12%
|
3.68
+6%
|
2.74
-26%
|
3.63
+32%
|
4.56
+26%
|
2.92
-36%
|
3.28
+12%
|
2.74
-16%
|
3.43
+25%
|
3.83
+12%
|
4.32
+13%
|
3.92
-9%
|
2.71
-31%
|
2.05
-24%
|
1.56
-24%
|
1.65
+6%
|
1.4
-15%
|
1.49
+6%
|
1.68
+13%
|
2.02
+20%
|
2.43
+20%
|
2.7
+11%
|
2.29
-15%
|