Gansu Shangfeng Cement Co Ltd
SZSE:000672
Income Statement
Earnings Waterfall
Gansu Shangfeng Cement Co Ltd
Revenue
|
6.8B
CNY
|
Cost of Revenue
|
-5.1B
CNY
|
Gross Profit
|
1.8B
CNY
|
Operating Expenses
|
-875.8m
CNY
|
Operating Income
|
883.7m
CNY
|
Other Expenses
|
-80.4m
CNY
|
Net Income
|
803.2m
CNY
|
Income Statement
Gansu Shangfeng Cement 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 |
2 703
N/A
|
2 544
-6%
|
3 219
+27%
|
2 901
-10%
|
2 953
+2%
|
2 737
-7%
|
2 563
-6%
|
2 350
-8%
|
2 248
-4%
|
2 149
-4%
|
2 113
-2%
|
2 573
+22%
|
2 716
+6%
|
2 916
+7%
|
3 207
+10%
|
3 328
+4%
|
3 724
+12%
|
4 588
+23%
|
4 660
+2%
|
4 852
+4%
|
5 273
+9%
|
5 305
+1%
|
5 614
+6%
|
6 111
+9%
|
6 259
+2%
|
7 412
+18%
|
7 324
-1%
|
7 398
+1%
|
7 284
-2%
|
6 432
-12%
|
6 605
+3%
|
7 152
+8%
|
7 673
+7%
|
8 315
+8%
|
8 581
+3%
|
8 265
-4%
|
7 787
-6%
|
7 135
-8%
|
7 034
-1%
|
6 799
-3%
|
6 849
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 318)
|
(1 932)
|
(2 413)
|
(2 046)
|
(2 048)
|
(1 939)
|
(1 896)
|
(1 805)
|
(1 819)
|
(1 786)
|
(1 816)
|
(2 159)
|
(2 241)
|
(2 364)
|
(2 512)
|
(2 490)
|
(2 638)
|
(3 011)
|
(3 030)
|
(2 977)
|
(3 110)
|
(2 831)
|
(2 991)
|
(3 219)
|
(3 123)
|
(3 809)
|
(3 868)
|
(3 928)
|
(4 033)
|
(3 326)
|
(3 455)
|
(3 822)
|
(4 197)
|
(4 718)
|
(5 075)
|
(5 098)
|
(4 895)
|
(4 765)
|
(4 969)
|
(4 866)
|
(5 089)
|
|
Gross Profit |
384
N/A
|
612
+59%
|
806
+32%
|
855
+6%
|
906
+6%
|
798
-12%
|
666
-17%
|
546
-18%
|
429
-21%
|
363
-15%
|
297
-18%
|
414
+39%
|
475
+15%
|
552
+16%
|
695
+26%
|
838
+21%
|
1 087
+30%
|
1 576
+45%
|
1 630
+3%
|
1 875
+15%
|
2 163
+15%
|
2 473
+14%
|
2 623
+6%
|
2 892
+10%
|
3 135
+8%
|
3 603
+15%
|
3 456
-4%
|
3 470
+0%
|
3 251
-6%
|
3 106
-4%
|
3 151
+1%
|
3 331
+6%
|
3 476
+4%
|
3 597
+3%
|
3 506
-3%
|
3 167
-10%
|
2 892
-9%
|
2 370
-18%
|
2 065
-13%
|
1 933
-6%
|
1 760
-9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(185)
|
(205)
|
(234)
|
(212)
|
(220)
|
(264)
|
(249)
|
(246)
|
(255)
|
(286)
|
(288)
|
(313)
|
(306)
|
(335)
|
(328)
|
(326)
|
(346)
|
(389)
|
(313)
|
(314)
|
(324)
|
(411)
|
(366)
|
(346)
|
(325)
|
(503)
|
(383)
|
(420)
|
(449)
|
(531)
|
(521)
|
(528)
|
(573)
|
(827)
|
(792)
|
(803)
|
(890)
|
(908)
|
(846)
|
(966)
|
(876)
|
|
Selling, General & Administrative |
(189)
|
(189)
|
(234)
|
(211)
|
(221)
|
(247)
|
(247)
|
(246)
|
(254)
|
(252)
|
(285)
|
(310)
|
(304)
|
(274)
|
(321)
|
(317)
|
(343)
|
(370)
|
(366)
|
(378)
|
(395)
|
(372)
|
(392)
|
(384)
|
(392)
|
(438)
|
(454)
|
(489)
|
(499)
|
(446)
|
(567)
|
(578)
|
(622)
|
(574)
|
(698)
|
(717)
|
(679)
|
(626)
|
(729)
|
(774)
|
(768)
|
|
Research & Development |
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
|
(57)
|
0
|
0
|
0
|
(71)
|
(73)
|
(81)
|
(84)
|
(177)
|
(184)
|
(186)
|
(304)
|
(193)
|
(199)
|
(257)
|
(178)
|
|
Depreciation & Amortization |
0
|
(14)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(115)
|
0
|
0
|
0
|
(144)
|
0
|
0
|
0
|
(181)
|
0
|
0
|
0
|
(169)
|
0
|
0
|
0
|
|
Other Operating Expenses |
5
|
(2)
|
(0)
|
(1)
|
1
|
(2)
|
(3)
|
(0)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(7)
|
(9)
|
(3)
|
41
|
54
|
63
|
71
|
32
|
28
|
38
|
67
|
108
|
71
|
68
|
50
|
129
|
120
|
131
|
133
|
105
|
89
|
100
|
93
|
80
|
82
|
65
|
71
|
|
Operating Income |
200
N/A
|
407
+103%
|
572
+41%
|
643
+12%
|
686
+7%
|
534
-22%
|
417
-22%
|
299
-28%
|
174
-42%
|
77
-56%
|
10
-88%
|
101
+965%
|
169
+67%
|
217
+29%
|
367
+69%
|
512
+40%
|
741
+45%
|
1 188
+60%
|
1 317
+11%
|
1 560
+18%
|
1 839
+18%
|
2 062
+12%
|
2 257
+9%
|
2 546
+13%
|
2 811
+10%
|
3 101
+10%
|
3 073
-1%
|
3 050
-1%
|
2 801
-8%
|
2 575
-8%
|
2 630
+2%
|
2 803
+7%
|
2 903
+4%
|
2 770
-5%
|
2 714
-2%
|
2 364
-13%
|
2 002
-15%
|
1 462
-27%
|
1 219
-17%
|
966
-21%
|
884
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(131)
|
(98)
|
(123)
|
(89)
|
(70)
|
(74)
|
(75)
|
(72)
|
(79)
|
(44)
|
(32)
|
(52)
|
(48)
|
(55)
|
(68)
|
(69)
|
(79)
|
(130)
|
(148)
|
(137)
|
(130)
|
(104)
|
(2)
|
39
|
42
|
62
|
43
|
163
|
247
|
(43)
|
117
|
(84)
|
(62)
|
13
|
29
|
36
|
(210)
|
(203)
|
(193)
|
40
|
162
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(1)
|
19
|
0
|
(1)
|
(3)
|
(4)
|
(0)
|
4
|
6
|
189
|
6
|
20
|
17
|
0
|
0
|
(13)
|
(13)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(5)
|
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 |
75
|
41
|
51
|
20
|
32
|
42
|
43
|
63
|
50
|
70
|
56
|
36
|
34
|
34
|
42
|
53
|
47
|
(3)
|
(22)
|
(29)
|
(33)
|
(2)
|
(9)
|
(16)
|
(12)
|
(8)
|
1
|
3
|
22
|
(3)
|
(6)
|
(24)
|
(48)
|
(8)
|
(10)
|
5
|
7
|
(14)
|
(14)
|
(14)
|
(24)
|
|
Pre-Tax Income |
144
N/A
|
350
+143%
|
500
+43%
|
574
+15%
|
648
+13%
|
499
-23%
|
385
-23%
|
290
-25%
|
145
-50%
|
99
-32%
|
33
-67%
|
85
+158%
|
154
+80%
|
192
+25%
|
340
+77%
|
497
+46%
|
709
+43%
|
1 056
+49%
|
1 147
+9%
|
1 391
+21%
|
1 675
+20%
|
1 975
+18%
|
2 246
+14%
|
2 567
+14%
|
2 837
+11%
|
3 152
+11%
|
3 117
-1%
|
3 219
+3%
|
3 077
-4%
|
2 718
-12%
|
2 748
+1%
|
2 714
-1%
|
2 810
+4%
|
2 775
-1%
|
2 733
-2%
|
2 392
-12%
|
1 785
-25%
|
1 243
-30%
|
1 010
-19%
|
991
-2%
|
1 020
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(36)
|
(89)
|
(127)
|
(145)
|
(166)
|
(129)
|
(100)
|
(73)
|
(42)
|
(26)
|
(21)
|
(24)
|
(36)
|
(53)
|
(86)
|
(144)
|
(196)
|
(288)
|
(301)
|
(364)
|
(435)
|
(488)
|
(560)
|
(630)
|
(704)
|
(774)
|
(766)
|
(798)
|
(731)
|
(672)
|
(682)
|
(651)
|
(670)
|
(521)
|
(497)
|
(415)
|
(291)
|
(284)
|
(228)
|
(219)
|
(230)
|
|
Income from Continuing Operations |
108
|
261
|
372
|
429
|
482
|
369
|
285
|
217
|
103
|
73
|
12
|
62
|
118
|
139
|
254
|
353
|
514
|
768
|
847
|
1 028
|
1 240
|
1 487
|
1 687
|
1 937
|
2 133
|
2 378
|
2 351
|
2 422
|
2 346
|
2 047
|
2 066
|
2 063
|
2 140
|
2 254
|
2 236
|
1 977
|
1 495
|
959
|
781
|
772
|
790
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
1
|
0
|
2
|
2
|
5
|
9
|
7
|
6
|
6
|
7
|
10
|
6
|
24
|
24
|
12
|
15
|
(15)
|
(21)
|
(25)
|
(39)
|
(47)
|
(42)
|
(32)
|
(41)
|
(21)
|
(22)
|
(36)
|
(39)
|
(78)
|
(74)
|
(104)
|
(61)
|
(10)
|
(1)
|
1
|
13
|
|
Net Income (Common) |
108
N/A
|
261
+141%
|
372
+43%
|
430
+15%
|
483
+12%
|
371
-23%
|
285
-23%
|
219
-23%
|
105
-52%
|
78
-26%
|
21
-73%
|
68
+220%
|
124
+81%
|
145
+17%
|
261
+80%
|
363
+39%
|
519
+43%
|
792
+53%
|
870
+10%
|
1 039
+19%
|
1 255
+21%
|
1 472
+17%
|
1 665
+13%
|
1 913
+15%
|
2 095
+10%
|
2 332
+11%
|
2 309
-1%
|
2 390
+4%
|
2 305
-4%
|
2 026
-12%
|
2 044
+1%
|
2 027
-1%
|
2 101
+4%
|
2 176
+4%
|
2 163
-1%
|
1 874
-13%
|
1 433
-24%
|
949
-34%
|
780
-18%
|
773
-1%
|
803
+4%
|
|
EPS (Diluted) |
0.13
N/A
|
0.35
+169%
|
0.45
+29%
|
0.52
+16%
|
0.59
+13%
|
0.46
-22%
|
0.35
-24%
|
0.27
-23%
|
0.13
-52%
|
0.1
-23%
|
0.03
-70%
|
0.08
+167%
|
0.15
+88%
|
0.18
+20%
|
0.32
+78%
|
0.45
+41%
|
0.64
+42%
|
0.97
+52%
|
1.06
+9%
|
1.27
+20%
|
1.53
+20%
|
1.81
+18%
|
2.08
+15%
|
2.3
+11%
|
2.57
+12%
|
2.91
+13%
|
2.89
-1%
|
2.97
+3%
|
2.87
-3%
|
2.54
-11%
|
2.51
-1%
|
2.1
-16%
|
2.18
+4%
|
2.27
+4%
|
2.26
0%
|
1.9
-16%
|
1.46
-23%
|
0.99
-32%
|
0.81
-18%
|
0.8
-1%
|
0.83
+4%
|