Avic XiAn Aircraft Industry Group Co Ltd
SZSE:000768
Income Statement
Earnings Waterfall
Avic XiAn Aircraft Industry Group Co Ltd
Revenue
|
40.3B
CNY
|
Cost of Revenue
|
-37.5B
CNY
|
Gross Profit
|
2.8B
CNY
|
Operating Expenses
|
-2.1B
CNY
|
Operating Income
|
699.9m
CNY
|
Other Expenses
|
161.1m
CNY
|
Net Income
|
861m
CNY
|
Income Statement
Avic XiAn Aircraft Industry 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 |
17 285
N/A
|
16 222
-6%
|
16 439
+1%
|
18 510
+13%
|
21 198
+15%
|
21 088
-1%
|
22 409
+6%
|
23 830
+6%
|
24 116
+1%
|
25 344
+5%
|
25 298
0%
|
24 037
-5%
|
26 122
+9%
|
25 638
-2%
|
27 442
+7%
|
30 259
+10%
|
31 079
+3%
|
33 199
+7%
|
33 602
+1%
|
31 988
-5%
|
33 468
+5%
|
34 592
+3%
|
34 884
+1%
|
32 741
-6%
|
32 079
-2%
|
32 308
+1%
|
31 012
-4%
|
35 897
+16%
|
33 484
-7%
|
33 703
+1%
|
35 058
+4%
|
33 240
-5%
|
32 700
-2%
|
33 530
+3%
|
36 769
+10%
|
37 937
+3%
|
37 660
-1%
|
38 094
+1%
|
38 096
+0%
|
37 728
-1%
|
40 301
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15 370)
|
(14 432)
|
(14 611)
|
(16 600)
|
(19 196)
|
(19 092)
|
(20 482)
|
(22 049)
|
(22 250)
|
(23 352)
|
(23 323)
|
(21 996)
|
(24 268)
|
(23 971)
|
(25 623)
|
(28 311)
|
(28 821)
|
(30 869)
|
(31 398)
|
(29 920)
|
(31 388)
|
(32 620)
|
(32 866)
|
(30 730)
|
(29 571)
|
(29 768)
|
(28 445)
|
(33 123)
|
(30 909)
|
(31 095)
|
(32 475)
|
(30 692)
|
(30 275)
|
(31 029)
|
(33 981)
|
(35 378)
|
(35 005)
|
(35 976)
|
(36 142)
|
(35 457)
|
(37 543)
|
|
Gross Profit |
1 916
N/A
|
1 791
-7%
|
1 828
+2%
|
1 911
+5%
|
2 002
+5%
|
1 996
0%
|
1 927
-3%
|
1 780
-8%
|
1 866
+5%
|
1 993
+7%
|
1 976
-1%
|
2 042
+3%
|
1 854
-9%
|
1 666
-10%
|
1 817
+9%
|
1 945
+7%
|
2 258
+16%
|
2 328
+3%
|
2 203
-5%
|
2 069
-6%
|
2 081
+1%
|
1 973
-5%
|
2 019
+2%
|
2 010
0%
|
2 508
+25%
|
2 540
+1%
|
2 567
+1%
|
2 776
+8%
|
2 576
-7%
|
2 609
+1%
|
2 585
-1%
|
2 549
-1%
|
2 425
-5%
|
2 501
+3%
|
2 788
+11%
|
2 559
-8%
|
2 655
+4%
|
2 118
-20%
|
1 954
-8%
|
2 271
+16%
|
2 758
+21%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 275)
|
(1 323)
|
(1 408)
|
(1 415)
|
(1 489)
|
(1 534)
|
(1 459)
|
(1 503)
|
(1 532)
|
(1 481)
|
(1 536)
|
(1 507)
|
(1 546)
|
(1 431)
|
(1 451)
|
(1 551)
|
(1 736)
|
(1 678)
|
(1 640)
|
(1 523)
|
(1 395)
|
(1 400)
|
(1 404)
|
(1 344)
|
(1 583)
|
(1 567)
|
(1 528)
|
(1 543)
|
(1 621)
|
(1 606)
|
(1 589)
|
(1 574)
|
(1 693)
|
(1 620)
|
(1 693)
|
(1 707)
|
(2 093)
|
(1 574)
|
(1 631)
|
(1 783)
|
(2 058)
|
|
Selling, General & Administrative |
(1 168)
|
(1 192)
|
(1 296)
|
(1 355)
|
(1 224)
|
(1 402)
|
(1 330)
|
(1 361)
|
(1 322)
|
(1 425)
|
(1 473)
|
(1 454)
|
(1 270)
|
(1 408)
|
(1 422)
|
(1 445)
|
(1 487)
|
(1 593)
|
(1 562)
|
(1 514)
|
(1 223)
|
(1 253)
|
(1 237)
|
(1 170)
|
(1 378)
|
(1 455)
|
(1 397)
|
(1 396)
|
(1 372)
|
(1 462)
|
(1 482)
|
(1 474)
|
(1 373)
|
(1 381)
|
(1 439)
|
(1 501)
|
(1 716)
|
(1 395)
|
(1 445)
|
(1 546)
|
(1 740)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(186)
|
0
|
0
|
0
|
(136)
|
0
|
0
|
0
|
(200)
|
0
|
0
|
(96)
|
(242)
|
0
|
0
|
(100)
|
(115)
|
(107)
|
(130)
|
(133)
|
(142)
|
(178)
|
(196)
|
(229)
|
(186)
|
(199)
|
(186)
|
(175)
|
(210)
|
(279)
|
(313)
|
0
|
(306)
|
(271)
|
(248)
|
(296)
|
(234)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(158)
|
0
|
0
|
0
|
(159)
|
0
|
0
|
0
|
(158)
|
0
|
0
|
0
|
(138)
|
0
|
0
|
0
|
(128)
|
|
Other Operating Expenses |
(105)
|
(130)
|
(111)
|
(59)
|
(11)
|
(132)
|
(129)
|
(142)
|
(5)
|
(55)
|
(62)
|
(52)
|
(5)
|
(22)
|
(27)
|
(8)
|
82
|
(85)
|
(78)
|
91
|
35
|
(41)
|
(39)
|
(41)
|
96
|
66
|
66
|
82
|
94
|
55
|
79
|
75
|
49
|
39
|
59
|
(206)
|
67
|
90
|
63
|
60
|
44
|
|
Operating Income |
641
N/A
|
468
-27%
|
420
-10%
|
495
+18%
|
513
+4%
|
460
-10%
|
466
+1%
|
276
-41%
|
334
+21%
|
513
+54%
|
441
-14%
|
536
+22%
|
308
-43%
|
236
-23%
|
368
+56%
|
397
+8%
|
522
+31%
|
651
+25%
|
563
-14%
|
545
-3%
|
685
+26%
|
573
-16%
|
615
+7%
|
666
+8%
|
925
+39%
|
972
+5%
|
1 039
+7%
|
1 232
+19%
|
954
-23%
|
1 004
+5%
|
996
-1%
|
976
-2%
|
732
-25%
|
880
+20%
|
1 095
+24%
|
852
-22%
|
561
-34%
|
544
-3%
|
323
-41%
|
488
+51%
|
700
+43%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(249)
|
(252)
|
(241)
|
(174)
|
(132)
|
(142)
|
(151)
|
(88)
|
(19)
|
(1)
|
100
|
68
|
78
|
76
|
45
|
32
|
39
|
46
|
86
|
128
|
83
|
113
|
111
|
94
|
217
|
253
|
195
|
143
|
25
|
85
|
126
|
175
|
34
|
(68)
|
(127)
|
18
|
21
|
139
|
326
|
230
|
323
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
18
|
15
|
20
|
21
|
4
|
(135)
|
28
|
27
|
26
|
101
|
84
|
84
|
84
|
0
|
3
|
3
|
3
|
29
|
0
|
2
|
2
|
2
|
0
|
0
|
(0)
|
(6)
|
|
Gain/Loss on Disposition of Assets |
(4)
|
0
|
(5)
|
0
|
(7)
|
(12)
|
(11)
|
(10)
|
1
|
(9)
|
(9)
|
(10)
|
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 |
55
|
124
|
128
|
128
|
134
|
122
|
136
|
135
|
198
|
159
|
187
|
193
|
159
|
187
|
132
|
115
|
(7)
|
(26)
|
(35)
|
(34)
|
(14)
|
(37)
|
(19)
|
(10)
|
11
|
10
|
8
|
6
|
1
|
(1)
|
1
|
(6)
|
(5)
|
(4)
|
(4)
|
18
|
24
|
18
|
19
|
3
|
5
|
|
Pre-Tax Income |
444
N/A
|
338
-24%
|
302
-11%
|
447
+48%
|
481
+8%
|
429
-11%
|
441
+3%
|
313
-29%
|
514
+64%
|
661
+29%
|
718
+9%
|
786
+9%
|
545
-31%
|
499
-8%
|
544
+9%
|
561
+3%
|
570
+2%
|
691
+21%
|
636
-8%
|
644
+1%
|
619
-4%
|
677
+9%
|
734
+8%
|
776
+6%
|
1 254
+62%
|
1 318
+5%
|
1 325
+1%
|
1 464
+10%
|
980
-33%
|
1 090
+11%
|
1 125
+3%
|
1 148
+2%
|
790
-31%
|
808
+2%
|
966
+20%
|
890
-8%
|
608
-32%
|
701
+15%
|
668
-5%
|
721
+8%
|
1 021
+42%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(77)
|
(75)
|
(73)
|
(73)
|
(105)
|
(101)
|
(96)
|
(99)
|
(54)
|
(61)
|
(63)
|
(80)
|
(90)
|
(93)
|
(118)
|
(116)
|
(95)
|
(118)
|
(104)
|
(117)
|
(111)
|
(111)
|
(114)
|
(97)
|
(177)
|
(175)
|
(178)
|
(211)
|
(203)
|
(219)
|
(242)
|
(218)
|
(137)
|
(136)
|
(166)
|
(188)
|
(84)
|
(97)
|
(62)
|
(51)
|
(160)
|
|
Income from Continuing Operations |
367
|
262
|
228
|
373
|
376
|
327
|
344
|
214
|
461
|
601
|
656
|
707
|
455
|
406
|
427
|
446
|
474
|
574
|
532
|
527
|
508
|
566
|
620
|
679
|
1 077
|
1 144
|
1 148
|
1 254
|
777
|
871
|
882
|
930
|
653
|
672
|
800
|
702
|
524
|
604
|
606
|
670
|
861
|
|
Income to Minority Interest |
(16)
|
(32)
|
(29)
|
(41)
|
(24)
|
(21)
|
(21)
|
(30)
|
(61)
|
(63)
|
(69)
|
(66)
|
(42)
|
(21)
|
(2)
|
(23)
|
(3)
|
13
|
11
|
50
|
50
|
5
|
0
|
(10)
|
(2)
|
(4)
|
(4)
|
(7)
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
351
N/A
|
230
-34%
|
198
-14%
|
331
+67%
|
352
+6%
|
305
-13%
|
322
+6%
|
183
-43%
|
400
+119%
|
537
+34%
|
586
+9%
|
640
+9%
|
413
-35%
|
385
-7%
|
424
+10%
|
421
-1%
|
471
+12%
|
585
+24%
|
541
-8%
|
576
+6%
|
558
-3%
|
570
+2%
|
620
+9%
|
669
+8%
|
1 074
+61%
|
1 140
+6%
|
1 144
+0%
|
1 248
+9%
|
777
-38%
|
869
+12%
|
880
+1%
|
930
+6%
|
653
-30%
|
672
+3%
|
800
+19%
|
702
-12%
|
524
-25%
|
604
+15%
|
606
+0%
|
670
+11%
|
861
+29%
|
|
EPS (Diluted) |
0.14
N/A
|
0.09
-36%
|
0.08
-11%
|
0.13
+63%
|
0.13
N/A
|
0.13
N/A
|
0.13
N/A
|
0.07
-46%
|
0.14
+100%
|
0.19
+36%
|
0.21
+11%
|
0.23
+10%
|
0.15
-35%
|
0.14
-7%
|
0.15
+7%
|
0.15
N/A
|
0.17
+13%
|
0.2
+18%
|
0.19
-5%
|
0.21
+11%
|
0.2
-5%
|
0.21
+5%
|
0.23
+10%
|
0.24
+4%
|
0.39
+63%
|
0.41
+5%
|
0.41
N/A
|
0.45
+10%
|
0.28
-38%
|
0.32
+14%
|
0.32
N/A
|
0.34
+6%
|
0.24
-29%
|
0.24
N/A
|
0.29
+21%
|
0.25
-14%
|
0.19
-24%
|
0.22
+16%
|
0.22
N/A
|
0.24
+9%
|
0.31
+29%
|