Xiwang Foodstuffs Co Ltd
SZSE:000639
Income Statement
Earnings Waterfall
Xiwang Foodstuffs Co Ltd
Revenue
|
5.6B
CNY
|
Cost of Revenue
|
-4.7B
CNY
|
Gross Profit
|
895.4m
CNY
|
Operating Expenses
|
-1.7B
CNY
|
Operating Income
|
-824.7m
CNY
|
Other Expenses
|
276.4m
CNY
|
Net Income
|
-548.4m
CNY
|
Income Statement
Xiwang Foodstuffs 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 |
2 452
N/A
|
2 427
-1%
|
2 270
-6%
|
2 188
-4%
|
1 995
-9%
|
1 870
-6%
|
2 114
+13%
|
2 120
+0%
|
2 183
+3%
|
2 244
+3%
|
2 256
+1%
|
2 396
+6%
|
2 544
+6%
|
3 375
+33%
|
4 238
+26%
|
5 083
+20%
|
5 686
+12%
|
5 618
-1%
|
5 487
-2%
|
5 496
+0%
|
5 587
+2%
|
5 845
+5%
|
5 866
+0%
|
5 861
0%
|
5 801
-1%
|
5 727
-1%
|
5 552
-3%
|
5 600
+1%
|
5 802
+4%
|
5 780
0%
|
6 145
+6%
|
6 181
+1%
|
6 378
+3%
|
6 355
0%
|
6 118
-4%
|
6 226
+2%
|
6 106
-2%
|
6 071
-1%
|
6 155
+1%
|
5 884
-4%
|
5 582
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 863)
|
(1 828)
|
(1 688)
|
(1 595)
|
(1 444)
|
(1 353)
|
(1 545)
|
(1 562)
|
(1 595)
|
(1 615)
|
(1 626)
|
(1 721)
|
(1 863)
|
(2 401)
|
(2 905)
|
(3 372)
|
(3 668)
|
(3 637)
|
(3 546)
|
(3 548)
|
(3 599)
|
(3 760)
|
(3 784)
|
(3 854)
|
(3 853)
|
(3 862)
|
(3 771)
|
(3 821)
|
(4 034)
|
(4 285)
|
(4 583)
|
(4 673)
|
(4 924)
|
(4 918)
|
(4 880)
|
(5 112)
|
(5 189)
|
(5 159)
|
(5 282)
|
(5 028)
|
(4 687)
|
|
Gross Profit |
589
N/A
|
600
+2%
|
582
-3%
|
593
+2%
|
551
-7%
|
517
-6%
|
570
+10%
|
558
-2%
|
588
+5%
|
628
+7%
|
630
+0%
|
675
+7%
|
680
+1%
|
975
+43%
|
1 333
+37%
|
1 711
+28%
|
2 018
+18%
|
1 982
-2%
|
1 942
-2%
|
1 948
+0%
|
1 988
+2%
|
2 085
+5%
|
2 082
0%
|
2 007
-4%
|
1 948
-3%
|
1 865
-4%
|
1 781
-5%
|
1 778
0%
|
1 768
-1%
|
1 494
-15%
|
1 562
+5%
|
1 509
-3%
|
1 453
-4%
|
1 437
-1%
|
1 237
-14%
|
1 114
-10%
|
917
-18%
|
911
-1%
|
874
-4%
|
856
-2%
|
895
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(379)
|
(388)
|
(382)
|
(394)
|
(383)
|
(362)
|
(387)
|
(370)
|
(391)
|
(454)
|
(452)
|
(495)
|
(537)
|
(733)
|
(932)
|
(1 140)
|
(1 320)
|
(1 186)
|
(1 287)
|
(1 305)
|
(1 273)
|
(1 216)
|
(1 322)
|
(1 292)
|
(1 289)
|
(1 085)
|
(2 929)
|
(2 882)
|
(2 853)
|
(1 014)
|
(1 010)
|
(1 058)
|
(1 090)
|
(1 126)
|
(1 072)
|
(1 010)
|
(949)
|
(1 047)
|
(1 815)
|
(1 811)
|
(1 720)
|
|
Selling, General & Administrative |
(379)
|
(301)
|
(382)
|
(395)
|
(384)
|
(293)
|
(387)
|
(369)
|
(390)
|
(377)
|
(450)
|
(494)
|
(536)
|
(632)
|
(927)
|
(1 134)
|
(1 291)
|
(1 170)
|
(1 235)
|
(1 253)
|
(1 234)
|
(1 222)
|
(1 233)
|
(1 190)
|
(1 176)
|
(1 171)
|
(1 114)
|
(1 064)
|
(1 018)
|
(872)
|
(908)
|
(948)
|
(976)
|
(987)
|
(962)
|
(890)
|
(839)
|
(909)
|
(906)
|
(929)
|
(857)
|
|
Research & Development |
0
|
(77)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
(31)
|
(83)
|
0
|
0
|
(18)
|
(89)
|
(64)
|
(75)
|
(83)
|
(94)
|
(98)
|
(115)
|
(118)
|
(102)
|
(99)
|
(107)
|
(106)
|
(105)
|
(105)
|
(99)
|
(98)
|
(95)
|
(101)
|
(83)
|
(73)
|
|
Depreciation & Amortization |
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(0)
|
0
|
0
|
1
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(11)
|
(4)
|
(6)
|
2
|
78
|
(52)
|
(53)
|
(20)
|
106
|
(24)
|
(27)
|
(29)
|
194
|
(1 717)
|
(1 703)
|
(1 716)
|
(25)
|
(2)
|
(3)
|
(9)
|
(4)
|
(4)
|
(21)
|
(10)
|
(2)
|
(808)
|
(799)
|
(790)
|
|
Operating Income |
210
N/A
|
212
+1%
|
200
-5%
|
198
-1%
|
168
-15%
|
155
-8%
|
183
+18%
|
189
+3%
|
197
+5%
|
174
-12%
|
179
+3%
|
181
+1%
|
143
-21%
|
242
+69%
|
402
+66%
|
571
+42%
|
698
+22%
|
796
+14%
|
654
-18%
|
643
-2%
|
715
+11%
|
869
+22%
|
760
-13%
|
714
-6%
|
659
-8%
|
781
+18%
|
(1 148)
N/A
|
(1 104)
+4%
|
(1 085)
+2%
|
481
N/A
|
552
+15%
|
451
-18%
|
363
-19%
|
311
-14%
|
165
-47%
|
105
-37%
|
(32)
N/A
|
(136)
-320%
|
(941)
-592%
|
(955)
-1%
|
(825)
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(17)
|
(17)
|
(16)
|
(14)
|
(11)
|
(11)
|
(13)
|
(15)
|
(13)
|
(11)
|
(9)
|
(6)
|
(4)
|
(76)
|
(168)
|
(231)
|
(269)
|
(321)
|
(223)
|
(172)
|
(185)
|
(215)
|
(101)
|
(68)
|
(46)
|
(197)
|
11
|
(84)
|
(77)
|
(83)
|
(133)
|
(75)
|
(76)
|
(36)
|
(31)
|
(38)
|
(38)
|
(75)
|
(92)
|
(98)
|
(102)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 690)
|
0
|
(5)
|
(7)
|
(7)
|
0
|
4
|
6
|
0
|
0
|
(1)
|
0
|
(790)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
1
|
2
|
2
|
(11)
|
(11)
|
(12)
|
(13)
|
3
|
3
|
16
|
16
|
15
|
15
|
3
|
3
|
4
|
5
|
5
|
6
|
3
|
4
|
12
|
14
|
(19)
|
(22)
|
2
|
(3)
|
23
|
19
|
(12)
|
(9)
|
(3)
|
(5)
|
(7)
|
(9)
|
(3)
|
1
|
2
|
1
|
|
Pre-Tax Income |
194
N/A
|
196
+1%
|
186
-5%
|
187
+1%
|
159
-15%
|
133
-17%
|
160
+20%
|
161
+1%
|
172
+6%
|
166
-3%
|
173
+4%
|
190
+10%
|
155
-19%
|
181
+17%
|
249
+38%
|
343
+38%
|
430
+25%
|
477
+11%
|
437
-8%
|
476
+9%
|
536
+13%
|
657
+23%
|
664
+1%
|
659
-1%
|
627
-5%
|
(1 126)
N/A
|
(1 159)
-3%
|
(1 190)
-3%
|
(1 172)
+2%
|
415
N/A
|
438
+6%
|
367
-16%
|
284
-23%
|
272
-4%
|
129
-53%
|
58
-55%
|
(80)
N/A
|
(1 004)
-1 156%
|
(1 032)
-3%
|
(1 051)
-2%
|
(926)
+12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(17)
|
(15)
|
(14)
|
(14)
|
(13)
|
(15)
|
(20)
|
(21)
|
(21)
|
(20)
|
(22)
|
(22)
|
(19)
|
(52)
|
(82)
|
(119)
|
(138)
|
(81)
|
(48)
|
(44)
|
(54)
|
(124)
|
(120)
|
(97)
|
(89)
|
163
|
172
|
156
|
153
|
(75)
|
(86)
|
(69)
|
(60)
|
(48)
|
(21)
|
2
|
30
|
257
|
260
|
256
|
239
|
|
Income from Continuing Operations |
177
|
181
|
172
|
172
|
147
|
118
|
140
|
141
|
151
|
146
|
151
|
169
|
136
|
129
|
167
|
224
|
291
|
396
|
389
|
432
|
482
|
532
|
544
|
563
|
538
|
(963)
|
(987)
|
(1 035)
|
(1 019)
|
340
|
351
|
298
|
224
|
224
|
109
|
59
|
(50)
|
(747)
|
(772)
|
(795)
|
(687)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(21)
|
(43)
|
(48)
|
(53)
|
(4)
|
(3)
|
(11)
|
(64)
|
(68)
|
(75)
|
(67)
|
211
|
220
|
238
|
220
|
(27)
|
(30)
|
(34)
|
(14)
|
(41)
|
(32)
|
(22)
|
(13)
|
128
|
132
|
140
|
139
|
|
Net Income (Common) |
177
N/A
|
181
+2%
|
172
-5%
|
172
+0%
|
147
-15%
|
118
-20%
|
140
+19%
|
141
+1%
|
151
+7%
|
146
-3%
|
151
+3%
|
169
+12%
|
136
-19%
|
124
-9%
|
146
+17%
|
181
+24%
|
243
+35%
|
343
+41%
|
385
+12%
|
430
+12%
|
471
+10%
|
469
0%
|
476
+2%
|
488
+2%
|
471
-3%
|
(752)
N/A
|
(766)
-2%
|
(796)
-4%
|
(799)
0%
|
313
N/A
|
321
+3%
|
264
-18%
|
210
-20%
|
184
-13%
|
77
-58%
|
38
-51%
|
(63)
N/A
|
(619)
-880%
|
(640)
-4%
|
(655)
-2%
|
(548)
+16%
|