Sichuan Meifeng Chemical Industry Co Ltd
SZSE:000731
Income Statement
Earnings Waterfall
Sichuan Meifeng Chemical Industry Co Ltd
Revenue
|
4.4B
CNY
|
Cost of Revenue
|
-3.6B
CNY
|
Gross Profit
|
835.5m
CNY
|
Operating Expenses
|
-347m
CNY
|
Operating Income
|
488.5m
CNY
|
Other Expenses
|
-60.2m
CNY
|
Net Income
|
428.3m
CNY
|
Income Statement
Sichuan Meifeng Chemical Industry 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 |
5 439
N/A
|
5 768
+6%
|
5 448
-6%
|
4 875
-11%
|
4 734
-3%
|
4 769
+1%
|
4 610
-3%
|
4 323
-6%
|
4 304
0%
|
3 928
-9%
|
3 663
-7%
|
3 448
-6%
|
2 651
-23%
|
2 370
-11%
|
2 413
+2%
|
2 386
-1%
|
2 561
+7%
|
2 528
-1%
|
2 389
-6%
|
2 295
-4%
|
2 460
+7%
|
2 640
+7%
|
2 816
+7%
|
2 952
+5%
|
2 988
+1%
|
2 929
-2%
|
2 755
-6%
|
2 807
+2%
|
2 698
-4%
|
2 912
+8%
|
3 126
+7%
|
3 306
+6%
|
3 709
+12%
|
4 091
+10%
|
4 561
+11%
|
5 042
+11%
|
4 907
-3%
|
4 910
+0%
|
4 861
-1%
|
4 399
-10%
|
4 420
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 030)
|
(5 372)
|
(5 095)
|
(4 599)
|
(4 494)
|
(4 554)
|
(4 319)
|
(3 904)
|
(3 825)
|
(3 495)
|
(3 254)
|
(3 107)
|
(2 389)
|
(2 160)
|
(2 134)
|
(2 048)
|
(2 118)
|
(1 907)
|
(1 770)
|
(1 654)
|
(1 765)
|
(1 950)
|
(2 173)
|
(2 350)
|
(2 463)
|
(2 443)
|
(2 334)
|
(2 394)
|
(2 279)
|
(2 453)
|
(2 627)
|
(2 658)
|
(2 859)
|
(2 876)
|
(3 183)
|
(3 469)
|
(3 465)
|
(3 656)
|
(3 698)
|
(3 535)
|
(3 584)
|
|
Gross Profit |
409
N/A
|
396
-3%
|
352
-11%
|
276
-22%
|
241
-13%
|
215
-11%
|
291
+35%
|
420
+44%
|
479
+14%
|
433
-10%
|
409
-6%
|
342
-16%
|
262
-23%
|
210
-20%
|
280
+33%
|
338
+21%
|
443
+31%
|
621
+40%
|
619
0%
|
641
+4%
|
694
+8%
|
690
-1%
|
643
-7%
|
602
-6%
|
525
-13%
|
486
-7%
|
422
-13%
|
413
-2%
|
418
+1%
|
460
+10%
|
499
+9%
|
648
+30%
|
850
+31%
|
1 215
+43%
|
1 378
+13%
|
1 573
+14%
|
1 442
-8%
|
1 254
-13%
|
1 163
-7%
|
864
-26%
|
836
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(195)
|
(255)
|
(236)
|
(337)
|
(378)
|
(292)
|
(445)
|
(413)
|
(376)
|
(308)
|
(320)
|
(328)
|
(319)
|
(380)
|
(442)
|
(405)
|
(408)
|
(357)
|
(335)
|
(348)
|
(347)
|
(389)
|
(372)
|
(374)
|
(378)
|
(376)
|
(359)
|
(356)
|
(371)
|
(342)
|
(324)
|
(330)
|
(347)
|
(466)
|
(505)
|
(527)
|
(502)
|
(433)
|
(384)
|
(346)
|
(347)
|
|
Selling, General & Administrative |
(194)
|
(238)
|
(233)
|
(261)
|
(286)
|
(268)
|
(320)
|
(347)
|
(359)
|
(272)
|
(305)
|
(300)
|
(292)
|
(340)
|
(370)
|
(358)
|
(352)
|
(320)
|
(322)
|
(335)
|
(343)
|
(350)
|
(345)
|
(345)
|
(351)
|
(341)
|
(361)
|
(358)
|
(373)
|
(302)
|
(323)
|
(323)
|
(338)
|
(427)
|
(460)
|
(477)
|
(455)
|
(401)
|
(365)
|
(336)
|
(333)
|
|
Research & Development |
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(1)
|
(2)
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(6)
|
(7)
|
(9)
|
(10)
|
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(13)
|
|
Depreciation & Amortization |
0
|
(12)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(2)
|
(3)
|
(75)
|
(92)
|
(1)
|
(125)
|
(65)
|
(16)
|
(1)
|
(15)
|
(28)
|
(27)
|
(2)
|
(71)
|
(46)
|
(55)
|
2
|
(12)
|
(11)
|
(2)
|
3
|
(27)
|
(27)
|
(25)
|
3
|
3
|
5
|
5
|
7
|
6
|
2
|
1
|
5
|
(36)
|
(42)
|
(38)
|
12
|
(8)
|
2
|
(1)
|
|
Operating Income |
215
N/A
|
142
-34%
|
116
-18%
|
(61)
N/A
|
(137)
-125%
|
(77)
+44%
|
(154)
-100%
|
7
N/A
|
104
+1 323%
|
125
+20%
|
89
-29%
|
14
-84%
|
(58)
N/A
|
(170)
-195%
|
(162)
+5%
|
(67)
+59%
|
34
N/A
|
264
+669%
|
284
+8%
|
294
+3%
|
347
+18%
|
300
-13%
|
271
-10%
|
228
-16%
|
147
-36%
|
110
-25%
|
62
-43%
|
57
-8%
|
48
-17%
|
118
+147%
|
176
+49%
|
318
+81%
|
503
+58%
|
748
+49%
|
873
+17%
|
1 046
+20%
|
940
-10%
|
821
-13%
|
780
-5%
|
519
-33%
|
489
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
65
|
(23)
|
61
|
72
|
(43)
|
(37)
|
(54)
|
(68)
|
(66)
|
(62)
|
(61)
|
(59)
|
(64)
|
(62)
|
(60)
|
(57)
|
(57)
|
(91)
|
(91)
|
(87)
|
(76)
|
(33)
|
(29)
|
(25)
|
(22)
|
(12)
|
(10)
|
(6)
|
(5)
|
(4)
|
2
|
7
|
12
|
25
|
29
|
38
|
49
|
56
|
61
|
64
|
63
|
|
Non-Reccuring Items |
0
|
82
|
0
|
0
|
0
|
(117)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(2)
|
(2)
|
(1)
|
0
|
(21)
|
0
|
2
|
2
|
(0)
|
1
|
2
|
2
|
(1)
|
3
|
6
|
7
|
(34)
|
3
|
(1)
|
11
|
(11)
|
11
|
12
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
(5)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(6)
|
(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
|
|
Total Other Income |
(50)
|
8
|
4
|
(3)
|
(9)
|
7
|
(10)
|
(3)
|
4
|
12
|
14
|
14
|
17
|
24
|
21
|
17
|
21
|
8
|
7
|
3
|
(4)
|
(1)
|
(5)
|
(2)
|
(2)
|
4
|
(1)
|
(3)
|
3
|
(2)
|
1
|
0
|
(5)
|
2
|
(3)
|
(3)
|
(3)
|
0
|
(4)
|
(4)
|
(4)
|
|
Pre-Tax Income |
230
N/A
|
204
-11%
|
182
-11%
|
8
-95%
|
(189)
N/A
|
(237)
-26%
|
(218)
+8%
|
(63)
+71%
|
41
N/A
|
67
+65%
|
42
-38%
|
(33)
N/A
|
(106)
-226%
|
(248)
-134%
|
(206)
+17%
|
(107)
+48%
|
(2)
+98%
|
179
N/A
|
197
+10%
|
209
+6%
|
267
+28%
|
246
-8%
|
237
-4%
|
202
-15%
|
124
-39%
|
101
-18%
|
53
-47%
|
51
-4%
|
48
-5%
|
112
+132%
|
181
+62%
|
331
+82%
|
517
+56%
|
741
+43%
|
902
+22%
|
1 080
+20%
|
997
-8%
|
866
-13%
|
848
-2%
|
590
-30%
|
546
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(28)
|
(34)
|
(33)
|
(29)
|
(21)
|
(8)
|
(9)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(14)
|
(18)
|
(19)
|
(25)
|
(31)
|
(31)
|
(34)
|
(38)
|
(23)
|
(21)
|
(16)
|
(7)
|
(14)
|
(12)
|
(16)
|
(17)
|
(13)
|
(19)
|
(37)
|
(67)
|
(82)
|
(107)
|
(134)
|
(123)
|
(131)
|
(130)
|
(98)
|
(87)
|
|
Income from Continuing Operations |
201
|
169
|
149
|
(21)
|
(209)
|
(245)
|
(227)
|
(73)
|
32
|
57
|
31
|
(42)
|
(115)
|
(262)
|
(225)
|
(126)
|
(27)
|
148
|
166
|
175
|
230
|
223
|
215
|
187
|
116
|
87
|
41
|
35
|
32
|
99
|
162
|
294
|
450
|
659
|
795
|
945
|
874
|
735
|
718
|
492
|
459
|
|
Income to Minority Interest |
35
|
1
|
0
|
1
|
0
|
1
|
(2)
|
0
|
(4)
|
(2)
|
2
|
7
|
11
|
11
|
12
|
6
|
17
|
8
|
5
|
18
|
4
|
(3)
|
(14)
|
(26)
|
(4)
|
(0)
|
23
|
29
|
19
|
5
|
(14)
|
(22)
|
(48)
|
(90)
|
(99)
|
(146)
|
(154)
|
(113)
|
(107)
|
(57)
|
(31)
|
|
Net Income (Common) |
236
N/A
|
170
-28%
|
150
-12%
|
(20)
N/A
|
(209)
-966%
|
(245)
-17%
|
(229)
+6%
|
(73)
+68%
|
28
N/A
|
55
+99%
|
33
-40%
|
(35)
N/A
|
(104)
-194%
|
(250)
-142%
|
(213)
+15%
|
(120)
+44%
|
(11)
+91%
|
156
N/A
|
171
+10%
|
193
+13%
|
233
+21%
|
220
-6%
|
201
-8%
|
160
-20%
|
113
-30%
|
86
-24%
|
64
-26%
|
64
-1%
|
50
-21%
|
104
+106%
|
149
+43%
|
272
+83%
|
403
+48%
|
569
+41%
|
696
+22%
|
800
+15%
|
720
-10%
|
622
-14%
|
611
-2%
|
435
-29%
|
428
-2%
|
|
EPS (Diluted) |
0.41
N/A
|
0.29
-29%
|
0.25
-14%
|
-0.04
N/A
|
-0.37
-825%
|
-0.41
-11%
|
-0.4
+2%
|
-0.13
+68%
|
0.05
N/A
|
0.09
+80%
|
0.06
-33%
|
-0.06
N/A
|
-0.18
-200%
|
-0.42
-133%
|
-0.36
+14%
|
-0.2
+44%
|
-0.02
+90%
|
0.26
N/A
|
0.28
+8%
|
0.32
+14%
|
0.39
+22%
|
0.37
-5%
|
0.34
-8%
|
0.27
-21%
|
0.19
-30%
|
0.15
-21%
|
0.11
-27%
|
0.11
N/A
|
0.09
-18%
|
0.18
+100%
|
0.26
+44%
|
0.46
+77%
|
0.69
+50%
|
0.96
+39%
|
1.18
+23%
|
1.36
+15%
|
1.23
-10%
|
1.06
-14%
|
1.04
-2%
|
0.74
-29%
|
0.73
-1%
|