Wanxiang Qianchao Co Ltd
SZSE:000559
Income Statement
Earnings Waterfall
Wanxiang Qianchao Co Ltd
Revenue
|
14B
CNY
|
Cost of Revenue
|
-11.9B
CNY
|
Gross Profit
|
2B
CNY
|
Operating Expenses
|
-1.3B
CNY
|
Operating Income
|
718.9m
CNY
|
Other Expenses
|
81.5m
CNY
|
Net Income
|
800.3m
CNY
|
Income Statement
Wanxiang Qianchao Co Ltd
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9 689
N/A
|
9 262
-4%
|
9 872
+7%
|
9 892
+0%
|
10 060
+2%
|
9 829
-2%
|
10 017
+2%
|
10 160
+1%
|
9 898
-3%
|
10 242
+3%
|
10 309
+1%
|
10 266
0%
|
10 755
+5%
|
10 786
+0%
|
11 167
+4%
|
10 998
-2%
|
11 056
+1%
|
11 154
+1%
|
11 111
0%
|
11 503
+4%
|
11 687
+2%
|
11 362
-3%
|
11 135
-2%
|
10 693
-4%
|
10 437
-2%
|
10 581
+1%
|
9 754
-8%
|
9 818
+1%
|
10 416
+6%
|
10 882
+4%
|
12 283
+13%
|
13 605
+11%
|
13 908
+2%
|
14 322
+3%
|
14 894
+4%
|
14 510
-3%
|
14 917
+3%
|
14 015
-6%
|
13 723
-2%
|
13 921
+1%
|
13 990
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(7 898)
|
(7 432)
|
(7 896)
|
(7 826)
|
(7 924)
|
(7 649)
|
(7 825)
|
(7 970)
|
(7 774)
|
(8 172)
|
(8 123)
|
(8 051)
|
(8 450)
|
(8 519)
|
(8 844)
|
(8 738)
|
(8 783)
|
(8 934)
|
(8 900)
|
(9 277)
|
(9 519)
|
(9 358)
|
(9 168)
|
(8 867)
|
(8 702)
|
(8 850)
|
(8 086)
|
(8 087)
|
(8 584)
|
(9 266)
|
(10 440)
|
(11 730)
|
(12 122)
|
(12 593)
|
(13 044)
|
(12 724)
|
(13 071)
|
(12 315)
|
(11 859)
|
(11 932)
|
(11 941)
|
|
Gross Profit |
1 791
N/A
|
1 830
+2%
|
1 976
+8%
|
2 066
+5%
|
2 136
+3%
|
2 180
+2%
|
2 192
+1%
|
2 190
0%
|
2 124
-3%
|
2 070
-3%
|
2 187
+6%
|
2 215
+1%
|
2 305
+4%
|
2 267
-2%
|
2 323
+2%
|
2 260
-3%
|
2 272
+1%
|
2 220
-2%
|
2 211
0%
|
2 226
+1%
|
2 167
-3%
|
2 004
-8%
|
1 967
-2%
|
1 825
-7%
|
1 735
-5%
|
1 731
0%
|
1 669
-4%
|
1 731
+4%
|
1 832
+6%
|
1 615
-12%
|
1 843
+14%
|
1 875
+2%
|
1 786
-5%
|
1 729
-3%
|
1 850
+7%
|
1 787
-3%
|
1 846
+3%
|
1 700
-8%
|
1 864
+10%
|
1 989
+7%
|
2 049
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 140)
|
(1 112)
|
(1 236)
|
(1 275)
|
(1 329)
|
(1 259)
|
(1 347)
|
(1 313)
|
(1 304)
|
(1 227)
|
(1 333)
|
(1 361)
|
(1 411)
|
(1 336)
|
(1 384)
|
(1 378)
|
(1 358)
|
(1 256)
|
(1 281)
|
(1 293)
|
(1 294)
|
(1 283)
|
(1 287)
|
(1 220)
|
(1 189)
|
(1 218)
|
(1 295)
|
(1 362)
|
(1 428)
|
(1 113)
|
(1 247)
|
(1 211)
|
(1 092)
|
(1 054)
|
(1 183)
|
(1 162)
|
(1 207)
|
(1 121)
|
(1 246)
|
(1 301)
|
(1 330)
|
|
Selling, General & Administrative |
(1 096)
|
(717)
|
(1 156)
|
(1 182)
|
(1 220)
|
(789)
|
(1 203)
|
(1 181)
|
(1 170)
|
(783)
|
(1 198)
|
(1 219)
|
(1 269)
|
(844)
|
(1 270)
|
(1 284)
|
(1 145)
|
(786)
|
(1 043)
|
(1 049)
|
(1 069)
|
(770)
|
(867)
|
(722)
|
(692)
|
(828)
|
(825)
|
(876)
|
(925)
|
(698)
|
(753)
|
(690)
|
(593)
|
(581)
|
(527)
|
(522)
|
(531)
|
(607)
|
(640)
|
(656)
|
(681)
|
|
Research & Development |
0
|
(359)
|
0
|
0
|
0
|
(427)
|
0
|
0
|
0
|
(397)
|
0
|
0
|
0
|
(439)
|
0
|
0
|
(111)
|
(404)
|
0
|
0
|
(234)
|
(420)
|
(369)
|
(486)
|
(474)
|
(369)
|
(437)
|
(430)
|
(422)
|
(364)
|
(459)
|
(473)
|
(500)
|
(423)
|
(513)
|
(510)
|
(527)
|
(439)
|
(557)
|
(576)
|
(568)
|
|
Depreciation & Amortization |
0
|
(32)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(122)
|
0
|
0
|
0
|
(147)
|
0
|
0
|
0
|
(124)
|
0
|
0
|
0
|
(132)
|
0
|
0
|
0
|
(151)
|
0
|
0
|
0
|
(163)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(44)
|
(4)
|
(81)
|
(93)
|
(109)
|
(3)
|
(144)
|
(133)
|
(135)
|
(3)
|
(136)
|
(143)
|
(143)
|
(3)
|
(115)
|
(94)
|
(101)
|
56
|
(239)
|
(244)
|
9
|
54
|
(51)
|
(12)
|
(23)
|
104
|
(34)
|
(57)
|
(82)
|
81
|
(36)
|
(48)
|
0
|
100
|
(144)
|
(131)
|
(149)
|
88
|
(49)
|
(69)
|
(81)
|
|
Operating Income |
651
N/A
|
718
+10%
|
739
+3%
|
791
+7%
|
808
+2%
|
921
+14%
|
845
-8%
|
877
+4%
|
819
-7%
|
842
+3%
|
854
+1%
|
854
N/A
|
893
+5%
|
931
+4%
|
939
+1%
|
882
-6%
|
915
+4%
|
965
+6%
|
930
-4%
|
933
+0%
|
873
-6%
|
721
-17%
|
680
-6%
|
606
-11%
|
546
-10%
|
513
-6%
|
374
-27%
|
369
-1%
|
404
+9%
|
503
+25%
|
596
+19%
|
664
+11%
|
694
+4%
|
675
-3%
|
666
-1%
|
625
-6%
|
639
+2%
|
578
-9%
|
618
+7%
|
688
+11%
|
719
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
45
|
(21)
|
62
|
81
|
101
|
6
|
(7)
|
27
|
15
|
36
|
49
|
62
|
55
|
43
|
37
|
30
|
39
|
62
|
87
|
86
|
76
|
30
|
59
|
14
|
42
|
43
|
42
|
50
|
27
|
38
|
16
|
34
|
76
|
65
|
147
|
177
|
169
|
265
|
197
|
128
|
100
|
|
Non-Reccuring Items |
0
|
(62)
|
0
|
0
|
0
|
(115)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
(2)
|
(2)
|
(3)
|
(9)
|
1
|
7
|
8
|
51
|
23
|
17
|
19
|
28
|
29
|
30
|
28
|
(43)
|
(28)
|
(35)
|
(28)
|
12
|
45
|
52
|
46
|
3
|
3
|
2
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
9
|
0
|
0
|
0
|
18
|
(0)
|
(1)
|
(1)
|
10
|
(2)
|
(2)
|
(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
|
0
|
0
|
0
|
|
Total Other Income |
97
|
54
|
68
|
53
|
50
|
58
|
70
|
68
|
82
|
45
|
54
|
55
|
44
|
39
|
35
|
32
|
36
|
13
|
13
|
9
|
(0)
|
9
|
9
|
9
|
10
|
8
|
7
|
7
|
9
|
6
|
5
|
7
|
2
|
7
|
9
|
9
|
8
|
9
|
7
|
7
|
6
|
|
Pre-Tax Income |
793
N/A
|
698
-12%
|
869
+24%
|
925
+6%
|
959
+4%
|
888
-7%
|
907
+2%
|
971
+7%
|
915
-6%
|
924
+1%
|
955
+3%
|
969
+1%
|
990
+2%
|
1 003
+1%
|
1 008
+0%
|
942
-7%
|
987
+5%
|
1 030
+4%
|
1 030
+0%
|
1 034
+0%
|
956
-8%
|
811
-15%
|
771
-5%
|
647
-16%
|
617
-5%
|
593
-4%
|
451
-24%
|
456
+1%
|
468
+3%
|
504
+8%
|
589
+17%
|
671
+14%
|
744
+11%
|
759
+2%
|
867
+14%
|
862
-1%
|
862
0%
|
855
-1%
|
826
-3%
|
825
0%
|
827
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(81)
|
(94)
|
(110)
|
(112)
|
(116)
|
(106)
|
(103)
|
(94)
|
(90)
|
(86)
|
(93)
|
(105)
|
(105)
|
(113)
|
(112)
|
(96)
|
(102)
|
(106)
|
(102)
|
(113)
|
(92)
|
(62)
|
(55)
|
(36)
|
(46)
|
(47)
|
(38)
|
(44)
|
(44)
|
(60)
|
(69)
|
(79)
|
(74)
|
(58)
|
(71)
|
(56)
|
(63)
|
(38)
|
(9)
|
(19)
|
(22)
|
|
Income from Continuing Operations |
712
|
604
|
759
|
813
|
843
|
782
|
804
|
877
|
826
|
838
|
862
|
864
|
885
|
891
|
896
|
846
|
885
|
924
|
928
|
921
|
865
|
749
|
716
|
611
|
571
|
546
|
413
|
412
|
423
|
444
|
520
|
592
|
670
|
701
|
797
|
806
|
799
|
818
|
817
|
806
|
804
|
|
Income to Minority Interest |
(88)
|
(73)
|
(89)
|
(96)
|
(95)
|
(75)
|
(72)
|
(72)
|
(59)
|
(59)
|
(57)
|
(49)
|
(57)
|
(57)
|
(59)
|
(52)
|
(51)
|
(42)
|
(33)
|
(34)
|
(26)
|
(26)
|
(19)
|
(11)
|
(13)
|
(10)
|
(7)
|
(7)
|
(7)
|
(7)
|
(11)
|
(13)
|
(15)
|
(15)
|
(15)
|
(14)
|
(12)
|
(9)
|
(8)
|
(6)
|
(4)
|
|
Net Income (Common) |
624
N/A
|
531
-15%
|
669
+26%
|
718
+7%
|
749
+4%
|
707
-6%
|
732
+4%
|
805
+10%
|
767
-5%
|
779
+2%
|
804
+3%
|
814
+1%
|
829
+2%
|
834
+1%
|
837
+0%
|
794
-5%
|
834
+5%
|
882
+6%
|
895
+1%
|
888
-1%
|
839
-5%
|
723
-14%
|
697
-4%
|
600
-14%
|
558
-7%
|
536
-4%
|
406
-24%
|
405
0%
|
416
+3%
|
436
+5%
|
509
+17%
|
578
+14%
|
655
+13%
|
686
+5%
|
782
+14%
|
792
+1%
|
787
-1%
|
809
+3%
|
809
+0%
|
801
-1%
|
800
0%
|
|
EPS (Diluted) |
0.22
N/A
|
0.19
-14%
|
0.25
+32%
|
0.27
+8%
|
0.28
+4%
|
0.26
-7%
|
0.22
-15%
|
0.28
+27%
|
0.26
-7%
|
0.28
+8%
|
0.29
+4%
|
0.29
N/A
|
0.3
+3%
|
0.3
N/A
|
0.3
N/A
|
0.29
-3%
|
0.3
+3%
|
0.32
+7%
|
0.32
N/A
|
0.31
-3%
|
0.3
-3%
|
0.26
-13%
|
0.25
-4%
|
0.22
-12%
|
0.2
-9%
|
0.19
-5%
|
0.14
-26%
|
0.14
N/A
|
0.15
+7%
|
0.15
N/A
|
0.17
+13%
|
0.18
+6%
|
0.2
+11%
|
0.21
+5%
|
0.24
+14%
|
0.24
N/A
|
0.24
N/A
|
0.24
N/A
|
0.24
N/A
|
0.24
N/A
|
0.24
N/A
|