Weichai Heavy Machinery Co Ltd
SZSE:000880
Income Statement
Earnings Waterfall
Weichai Heavy Machinery Co Ltd
Revenue
|
3.8B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
450.8m
CNY
|
Operating Expenses
|
-380.6m
CNY
|
Operating Income
|
70.2m
CNY
|
Other Expenses
|
98.8m
CNY
|
Net Income
|
169.1m
CNY
|
Income Statement
Weichai Heavy Machinery Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 458
N/A
|
2 712
+10%
|
3 090
+14%
|
3 077
0%
|
3 023
-2%
|
2 789
-8%
|
2 437
-13%
|
2 435
0%
|
2 286
-6%
|
2 099
-8%
|
1 972
-6%
|
1 744
-12%
|
1 750
+0%
|
1 803
+3%
|
1 885
+5%
|
1 976
+5%
|
2 138
+8%
|
2 238
+5%
|
2 370
+6%
|
2 368
0%
|
2 403
+1%
|
2 500
+4%
|
2 529
+1%
|
2 659
+5%
|
2 570
-3%
|
2 838
+10%
|
2 972
+5%
|
3 309
+11%
|
3 636
+10%
|
3 667
+1%
|
3 634
-1%
|
3 411
-6%
|
3 392
-1%
|
3 263
-4%
|
3 331
+2%
|
3 455
+4%
|
3 521
+2%
|
3 622
+3%
|
3 715
+3%
|
3 762
+1%
|
3 766
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 172)
|
(2 392)
|
(2 725)
|
(2 730)
|
(2 677)
|
(2 466)
|
(2 151)
|
(2 144)
|
(2 000)
|
(1 805)
|
(1 689)
|
(1 519)
|
(1 537)
|
(1 586)
|
(1 651)
|
(1 716)
|
(1 845)
|
(1 939)
|
(2 049)
|
(2 039)
|
(2 082)
|
(2 158)
|
(2 164)
|
(2 279)
|
(2 164)
|
(2 391)
|
(2 498)
|
(2 830)
|
(3 087)
|
(3 122)
|
(3 113)
|
(2 944)
|
(2 973)
|
(2 872)
|
(2 954)
|
(3 015)
|
(3 088)
|
(3 176)
|
(3 251)
|
(3 312)
|
(3 315)
|
|
Gross Profit |
286
N/A
|
320
+12%
|
366
+14%
|
347
-5%
|
346
0%
|
323
-7%
|
286
-11%
|
292
+2%
|
286
-2%
|
293
+2%
|
282
-4%
|
225
-20%
|
213
-5%
|
218
+2%
|
234
+8%
|
261
+11%
|
293
+12%
|
299
+2%
|
320
+7%
|
329
+3%
|
320
-3%
|
342
+7%
|
364
+6%
|
380
+4%
|
406
+7%
|
447
+10%
|
474
+6%
|
479
+1%
|
549
+15%
|
545
-1%
|
521
-4%
|
467
-10%
|
418
-10%
|
390
-7%
|
376
-4%
|
439
+17%
|
433
-1%
|
446
+3%
|
463
+4%
|
450
-3%
|
451
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(286)
|
(320)
|
(368)
|
(344)
|
(350)
|
(338)
|
(307)
|
(314)
|
(316)
|
(325)
|
(310)
|
(276)
|
(269)
|
(262)
|
(276)
|
(291)
|
(297)
|
(299)
|
(309)
|
(343)
|
(350)
|
(366)
|
(390)
|
(380)
|
(403)
|
(442)
|
(460)
|
(451)
|
(521)
|
(511)
|
(484)
|
(446)
|
(388)
|
(349)
|
(335)
|
(377)
|
(371)
|
(374)
|
(380)
|
(388)
|
(381)
|
|
Selling, General & Administrative |
(225)
|
(260)
|
(305)
|
(340)
|
(332)
|
(323)
|
(296)
|
(309)
|
(302)
|
(302)
|
(283)
|
(183)
|
(257)
|
(202)
|
(192)
|
(185)
|
(208)
|
(198)
|
(208)
|
(216)
|
(168)
|
(203)
|
(207)
|
(204)
|
(192)
|
(203)
|
(207)
|
(267)
|
(259)
|
(258)
|
(254)
|
(242)
|
(208)
|
(195)
|
(175)
|
(205)
|
(190)
|
(190)
|
(198)
|
(220)
|
(208)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(88)
|
0
|
0
|
(30)
|
(116)
|
0
|
0
|
(27)
|
(125)
|
(106)
|
(151)
|
(160)
|
(176)
|
(179)
|
(190)
|
(195)
|
(196)
|
(233)
|
(252)
|
(255)
|
(229)
|
(229)
|
(208)
|
(215)
|
(192)
|
(199)
|
(198)
|
(210)
|
(189)
|
(212)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(19)
|
0
|
|
Other Operating Expenses |
(61)
|
(60)
|
(64)
|
(0)
|
(18)
|
(15)
|
(10)
|
(0)
|
(14)
|
(23)
|
(28)
|
(0)
|
(12)
|
(60)
|
(54)
|
14
|
(90)
|
(102)
|
(74)
|
7
|
(75)
|
(13)
|
(22)
|
17
|
(33)
|
(49)
|
(58)
|
27
|
(29)
|
(1)
|
25
|
47
|
49
|
53
|
55
|
37
|
18
|
14
|
28
|
40
|
39
|
|
Operating Income |
0
N/A
|
1
N/A
|
(3)
N/A
|
3
N/A
|
(4)
N/A
|
(15)
-249%
|
(20)
-35%
|
(22)
-10%
|
(30)
-36%
|
(32)
-4%
|
(28)
+12%
|
(51)
-82%
|
(56)
-10%
|
(44)
+20%
|
(42)
+5%
|
(30)
+28%
|
(4)
+86%
|
(0)
+90%
|
11
N/A
|
(14)
N/A
|
(29)
-108%
|
(24)
+18%
|
(26)
-6%
|
0
N/A
|
3
+1 250%
|
6
+104%
|
14
+156%
|
28
+96%
|
28
+1%
|
34
+23%
|
38
+9%
|
21
-44%
|
31
+45%
|
41
+34%
|
42
+1%
|
62
+48%
|
61
-1%
|
72
+17%
|
83
+15%
|
62
-25%
|
70
+13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
41
|
40
|
45
|
44
|
42
|
45
|
44
|
44
|
47
|
42
|
41
|
47
|
48
|
52
|
55
|
48
|
47
|
49
|
48
|
46
|
51
|
59
|
60
|
68
|
72
|
69
|
71
|
72
|
76
|
85
|
88
|
95
|
85
|
77
|
75
|
69
|
71
|
69
|
69
|
92
|
91
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
2
|
2
|
2
|
1
|
0
|
2
|
2
|
3
|
3
|
18
|
20
|
19
|
19
|
2
|
10
|
9
|
11
|
12
|
3
|
2
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
1
|
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 |
6
|
6
|
7
|
5
|
6
|
5
|
7
|
10
|
12
|
16
|
15
|
20
|
22
|
15
|
14
|
4
|
(7)
|
(2)
|
(1)
|
5
|
5
|
1
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
5
|
4
|
4
|
7
|
4
|
12
|
10
|
7
|
6
|
(3)
|
(3)
|
|
Pre-Tax Income |
46
N/A
|
47
+3%
|
49
+4%
|
52
+6%
|
43
-17%
|
35
-19%
|
30
-15%
|
32
+9%
|
28
-14%
|
26
-6%
|
28
+6%
|
17
-39%
|
14
-15%
|
23
+63%
|
26
+12%
|
22
-17%
|
35
+63%
|
47
+32%
|
58
+25%
|
36
-38%
|
28
-22%
|
37
+32%
|
39
+5%
|
72
+85%
|
77
+7%
|
80
+3%
|
88
+11%
|
104
+18%
|
109
+5%
|
140
+28%
|
151
+8%
|
138
-8%
|
140
+1%
|
127
-9%
|
131
+3%
|
152
+17%
|
153
+1%
|
160
+4%
|
161
+1%
|
154
-4%
|
160
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(6)
|
(7)
|
(6)
|
(4)
|
(0)
|
0
|
(1)
|
0
|
(1)
|
1
|
4
|
3
|
3
|
2
|
2
|
2
|
(0)
|
(3)
|
6
|
6
|
5
|
4
|
11
|
10
|
15
|
19
|
6
|
6
|
(9)
|
(14)
|
(2)
|
(2)
|
7
|
7
|
(11)
|
(10)
|
(7)
|
0
|
13
|
9
|
|
Income from Continuing Operations |
41
|
41
|
42
|
47
|
39
|
35
|
30
|
31
|
28
|
25
|
28
|
21
|
17
|
27
|
28
|
24
|
37
|
46
|
55
|
42
|
34
|
42
|
44
|
84
|
87
|
95
|
108
|
110
|
115
|
131
|
137
|
137
|
138
|
134
|
137
|
141
|
143
|
153
|
161
|
166
|
169
|
|
Income to Minority Interest |
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(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
|
|
Net Income (Common) |
41
N/A
|
41
+2%
|
42
+1%
|
46
+11%
|
38
-17%
|
34
-11%
|
29
-14%
|
30
+2%
|
27
-10%
|
23
-13%
|
27
+16%
|
20
-27%
|
17
-14%
|
26
+56%
|
28
+5%
|
24
-15%
|
37
+59%
|
46
+24%
|
56
+20%
|
42
-25%
|
34
-19%
|
42
+25%
|
44
+3%
|
84
+92%
|
87
+4%
|
95
+9%
|
108
+13%
|
110
+2%
|
115
+5%
|
131
+14%
|
137
+5%
|
137
0%
|
138
+1%
|
134
-3%
|
137
+3%
|
141
+3%
|
143
+1%
|
153
+7%
|
161
+5%
|
166
+3%
|
169
+2%
|
|
EPS (Diluted) |
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.14
+17%
|
0.12
-14%
|
0.11
-8%
|
0.14
+27%
|
0.09
-36%
|
0.09
N/A
|
0.08
-11%
|
0.09
+13%
|
0.06
-33%
|
0.03
-50%
|
0.08
+167%
|
0.08
N/A
|
0.07
-13%
|
0.1
+43%
|
0.13
+30%
|
0.16
+23%
|
0.13
-19%
|
0.1
-23%
|
0.13
+30%
|
0.13
N/A
|
0.25
+92%
|
0.26
+4%
|
0.28
+8%
|
0.32
+14%
|
0.33
+3%
|
0.34
+3%
|
0.4
+18%
|
0.41
+2%
|
0.41
N/A
|
0.42
+2%
|
0.4
-5%
|
0.41
+2%
|
0.42
+2%
|
0.43
+2%
|
0.46
+7%
|
0.49
+7%
|
0.5
+2%
|
0.51
+2%
|