J.S. Corrugating Machinery Co Ltd
SZSE:000821
Income Statement
Earnings Waterfall
J.S. Corrugating Machinery Co Ltd
Revenue
|
6.7B
CNY
|
Cost of Revenue
|
-5.3B
CNY
|
Gross Profit
|
1.4B
CNY
|
Operating Expenses
|
-926.7m
CNY
|
Operating Income
|
468.7m
CNY
|
Other Expenses
|
-69.5m
CNY
|
Net Income
|
399.3m
CNY
|
Income Statement
J.S. Corrugating Machinery 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 |
598
N/A
|
724
+21%
|
780
+8%
|
861
+10%
|
928
+8%
|
923
-1%
|
898
-3%
|
932
+4%
|
925
-1%
|
1 027
+11%
|
1 074
+5%
|
1 147
+7%
|
1 236
+8%
|
1 282
+4%
|
1 309
+2%
|
1 402
+7%
|
1 465
+5%
|
1 537
+5%
|
1 810
+18%
|
2 029
+12%
|
2 174
+7%
|
2 249
+3%
|
2 264
+1%
|
2 200
-3%
|
2 211
+1%
|
2 258
+2%
|
2 279
+1%
|
2 395
+5%
|
2 674
+12%
|
3 060
+14%
|
3 403
+11%
|
3 746
+10%
|
3 693
-1%
|
4 086
+11%
|
4 209
+3%
|
4 422
+5%
|
4 475
+1%
|
4 868
+9%
|
5 158
+6%
|
5 984
+16%
|
6 714
+12%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(525)
|
(611)
|
(640)
|
(695)
|
(737)
|
(750)
|
(711)
|
(734)
|
(735)
|
(777)
|
(804)
|
(838)
|
(901)
|
(922)
|
(959)
|
(1 012)
|
(1 051)
|
(1 091)
|
(1 333)
|
(1 553)
|
(1 663)
|
(1 740)
|
(1 720)
|
(1 656)
|
(1 683)
|
(1 737)
|
(1 822)
|
(1 921)
|
(2 156)
|
(2 464)
|
(2 718)
|
(3 009)
|
(2 971)
|
(3 302)
|
(3 442)
|
(3 586)
|
(3 586)
|
(3 840)
|
(4 052)
|
(4 709)
|
(5 318)
|
|
Gross Profit |
74
N/A
|
113
+54%
|
140
+23%
|
166
+19%
|
192
+16%
|
173
-10%
|
186
+8%
|
198
+6%
|
190
-4%
|
251
+32%
|
270
+8%
|
309
+14%
|
335
+9%
|
360
+7%
|
351
-3%
|
390
+11%
|
415
+6%
|
446
+7%
|
478
+7%
|
476
0%
|
511
+7%
|
509
0%
|
544
+7%
|
544
0%
|
528
-3%
|
521
-1%
|
457
-12%
|
474
+4%
|
518
+9%
|
596
+15%
|
685
+15%
|
737
+8%
|
721
-2%
|
784
+9%
|
767
-2%
|
836
+9%
|
889
+6%
|
1 028
+16%
|
1 106
+8%
|
1 275
+15%
|
1 395
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(147)
|
(140)
|
(154)
|
(167)
|
(187)
|
(185)
|
(199)
|
(204)
|
(196)
|
(222)
|
(218)
|
(225)
|
(233)
|
(240)
|
(240)
|
(249)
|
(256)
|
(259)
|
(255)
|
(260)
|
(277)
|
(351)
|
(518)
|
(544)
|
(554)
|
(465)
|
(1 011)
|
(1 026)
|
(1 051)
|
(503)
|
(566)
|
(583)
|
(583)
|
(602)
|
(620)
|
(646)
|
(669)
|
(688)
|
(734)
|
(815)
|
(927)
|
|
Selling, General & Administrative |
(126)
|
(132)
|
(146)
|
(161)
|
(181)
|
(173)
|
(186)
|
(188)
|
(179)
|
(208)
|
(201)
|
(208)
|
(216)
|
(225)
|
(226)
|
(237)
|
(242)
|
(259)
|
(255)
|
(268)
|
(261)
|
(245)
|
(268)
|
(271)
|
(291)
|
(313)
|
(323)
|
(338)
|
(353)
|
(345)
|
(381)
|
(375)
|
(372)
|
(395)
|
(440)
|
(457)
|
(471)
|
(438)
|
(471)
|
(519)
|
(567)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
(105)
|
(99)
|
(129)
|
(121)
|
(152)
|
(153)
|
(148)
|
(162)
|
(153)
|
(171)
|
(190)
|
(198)
|
(194)
|
(204)
|
(214)
|
(223)
|
(266)
|
(285)
|
(322)
|
(388)
|
|
Depreciation & Amortization |
0
|
(8)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(21)
|
(0)
|
(8)
|
(6)
|
(5)
|
(1)
|
(13)
|
(17)
|
(17)
|
(0)
|
(18)
|
(17)
|
(18)
|
(1)
|
(14)
|
(14)
|
(15)
|
13
|
(0)
|
8
|
15
|
21
|
(151)
|
(144)
|
(142)
|
24
|
(535)
|
(539)
|
(537)
|
26
|
(15)
|
(18)
|
(13)
|
35
|
24
|
25
|
26
|
42
|
23
|
26
|
28
|
|
Operating Income |
(73)
N/A
|
(27)
+63%
|
(15)
+45%
|
(1)
+93%
|
5
N/A
|
(11)
N/A
|
(13)
-14%
|
(6)
+52%
|
(6)
+8%
|
29
N/A
|
52
+78%
|
84
+62%
|
102
+21%
|
120
+18%
|
111
-8%
|
140
+27%
|
158
+13%
|
187
+18%
|
222
+19%
|
216
-2%
|
234
+8%
|
158
-33%
|
26
-83%
|
(1)
N/A
|
(26)
-5 000%
|
56
N/A
|
(554)
N/A
|
(551)
+0%
|
(533)
+3%
|
93
N/A
|
119
+28%
|
154
+29%
|
139
-10%
|
181
+31%
|
148
-19%
|
190
+29%
|
220
+16%
|
340
+54%
|
372
+10%
|
460
+23%
|
469
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
12
|
6
|
10
|
7
|
10
|
39
|
65
|
79
|
59
|
40
|
(5)
|
(17)
|
(8)
|
(15)
|
9
|
10
|
6
|
(18)
|
(20)
|
116
|
119
|
122
|
164
|
28
|
7
|
(22)
|
(63)
|
(55)
|
(47)
|
(32)
|
(34)
|
(54)
|
(42)
|
(33)
|
(28)
|
13
|
27
|
39
|
31
|
49
|
24
|
|
Non-Reccuring Items |
0
|
19
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
8
|
1
|
1
|
1
|
(153)
|
3
|
3
|
2
|
(555)
|
1
|
1
|
1
|
(28)
|
1
|
2
|
2
|
1
|
2
|
2
|
2
|
(5)
|
1
|
0
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
6
|
0
|
0
|
0
|
(3)
|
2
|
(0)
|
(0)
|
(3)
|
0
|
(3)
|
(3)
|
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 |
13
|
11
|
17
|
18
|
7
|
4
|
(1)
|
1
|
3
|
5
|
3
|
6
|
7
|
12
|
10
|
13
|
15
|
2
|
7
|
4
|
(3)
|
56
|
56
|
57
|
60
|
3
|
2
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(0)
|
(14)
|
(16)
|
(17)
|
(18)
|
3
|
3
|
5
|
3
|
|
Pre-Tax Income |
(49)
N/A
|
15
N/A
|
13
-14%
|
25
+94%
|
22
-12%
|
28
+26%
|
53
+93%
|
74
+38%
|
56
-24%
|
71
+27%
|
49
-31%
|
69
+40%
|
98
+42%
|
116
+19%
|
129
+11%
|
163
+26%
|
180
+10%
|
179
0%
|
209
+16%
|
336
+61%
|
351
+4%
|
183
-48%
|
249
+36%
|
87
-65%
|
44
-50%
|
(518)
N/A
|
(614)
-18%
|
(607)
+1%
|
(582)
+4%
|
33
N/A
|
86
+161%
|
101
+18%
|
98
-3%
|
135
+38%
|
105
-22%
|
188
+78%
|
232
+23%
|
376
+62%
|
408
+8%
|
514
+26%
|
496
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(3)
|
(2)
|
(2)
|
(0)
|
(6)
|
(6)
|
(9)
|
(10)
|
(6)
|
(5)
|
(6)
|
(8)
|
(18)
|
(18)
|
(21)
|
(23)
|
(19)
|
(25)
|
(29)
|
(31)
|
(28)
|
(38)
|
(30)
|
(21)
|
(10)
|
2
|
2
|
(2)
|
(0)
|
(3)
|
(5)
|
(5)
|
(17)
|
(14)
|
(25)
|
(36)
|
(48)
|
(53)
|
(60)
|
(47)
|
|
Income from Continuing Operations |
(54)
|
12
|
11
|
23
|
22
|
22
|
47
|
64
|
46
|
66
|
44
|
63
|
90
|
98
|
111
|
142
|
157
|
160
|
184
|
307
|
319
|
155
|
211
|
58
|
22
|
(528)
|
(611)
|
(605)
|
(584)
|
33
|
83
|
96
|
93
|
119
|
92
|
163
|
196
|
328
|
355
|
454
|
449
|
|
Income to Minority Interest |
(1)
|
(1)
|
(6)
|
(7)
|
(8)
|
(11)
|
(9)
|
(14)
|
(15)
|
(15)
|
(16)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(10)
|
(7)
|
(2)
|
(5)
|
(4)
|
(11)
|
(10)
|
(4)
|
(5)
|
10
|
12
|
15
|
15
|
28
|
24
|
20
|
21
|
27
|
24
|
19
|
7
|
(26)
|
(33)
|
(56)
|
(50)
|
|
Net Income (Common) |
(54)
N/A
|
10
N/A
|
5
-50%
|
16
+220%
|
14
-14%
|
11
-24%
|
38
+259%
|
50
+32%
|
31
-38%
|
51
+62%
|
28
-45%
|
50
+81%
|
77
+54%
|
85
+11%
|
97
+13%
|
129
+33%
|
146
+14%
|
153
+5%
|
183
+19%
|
302
+65%
|
316
+5%
|
144
-54%
|
201
+39%
|
54
-73%
|
18
-67%
|
(518)
N/A
|
(599)
-16%
|
(590)
+1%
|
(569)
+4%
|
60
N/A
|
107
+77%
|
116
+8%
|
114
-1%
|
146
+28%
|
115
-21%
|
181
+57%
|
203
+12%
|
302
+49%
|
322
+7%
|
398
+24%
|
399
+0%
|
|
EPS (Diluted) |
-0.16
N/A
|
0.03
N/A
|
0.02
-33%
|
0.05
+150%
|
0.05
N/A
|
0.03
-40%
|
0.12
+300%
|
0.15
+25%
|
0.06
-60%
|
0.12
+100%
|
0.05
-58%
|
0.1
+100%
|
0.16
+60%
|
0.18
+13%
|
0.22
+22%
|
0.28
+27%
|
0.31
+11%
|
0.32
+3%
|
0.33
+3%
|
0.58
+76%
|
0.6
+3%
|
0.27
-55%
|
0.37
+37%
|
0.1
-73%
|
0.03
-70%
|
-0.98
N/A
|
-1.11
-13%
|
-1.09
+2%
|
-1.05
+4%
|
0.11
N/A
|
0.19
+73%
|
0.21
+11%
|
0.21
N/A
|
0.26
+24%
|
0.2
-23%
|
0.3
+50%
|
0.33
+10%
|
0.49
+48%
|
0.53
+8%
|
0.65
+23%
|
0.65
N/A
|