Angang Steel Co Ltd
SZSE:000898
Income Statement
Earnings Waterfall
Angang Steel Co Ltd
Revenue
|
113.5B
CNY
|
Cost of Revenue
|
-114.2B
CNY
|
Gross Profit
|
-669m
CNY
|
Operating Expenses
|
-3.7B
CNY
|
Operating Income
|
-4.4B
CNY
|
Other Expenses
|
1.1B
CNY
|
Net Income
|
-3.3B
CNY
|
Income Statement
Angang Steel 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 |
75 329
N/A
|
74 560
-1%
|
76 584
+3%
|
76 355
0%
|
74 046
-3%
|
70 608
-5%
|
64 861
-8%
|
58 423
-10%
|
52 759
-10%
|
49 072
-7%
|
49 197
+0%
|
52 235
+6%
|
57 882
+11%
|
65 979
+14%
|
74 956
+14%
|
82 591
+10%
|
91 683
+11%
|
95 843
+5%
|
100 041
+4%
|
103 748
+4%
|
105 157
+1%
|
106 089
+1%
|
105 369
-1%
|
104 967
0%
|
105 587
+1%
|
101 461
-4%
|
99 163
-2%
|
99 135
0%
|
100 903
+2%
|
112 444
+11%
|
128 621
+14%
|
137 896
+7%
|
136 120
-1%
|
139 350
+2%
|
134 227
-4%
|
128 987
-4%
|
131 072
+2%
|
126 989
-3%
|
119 603
-6%
|
114 510
-4%
|
113 502
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(67 123)
|
(66 942)
|
(68 807)
|
(68 083)
|
(67 605)
|
(62 413)
|
(57 024)
|
(52 335)
|
(51 346)
|
(47 049)
|
(46 499)
|
(47 966)
|
(51 610)
|
(57 037)
|
(66 079)
|
(72 814)
|
(78 816)
|
(82 353)
|
(84 364)
|
(86 476)
|
(88 054)
|
(92 215)
|
(93 086)
|
(95 766)
|
(96 648)
|
(93 669)
|
(92 531)
|
(91 874)
|
(91 647)
|
(102 370)
|
(114 835)
|
(122 832)
|
(122 797)
|
(127 541)
|
(126 980)
|
(126 813)
|
(127 688)
|
(126 981)
|
(121 338)
|
(115 088)
|
(114 171)
|
|
Gross Profit |
8 206
N/A
|
7 618
-7%
|
7 777
+2%
|
8 272
+6%
|
6 441
-22%
|
8 195
+27%
|
7 837
-4%
|
6 088
-22%
|
1 413
-77%
|
2 023
+43%
|
2 698
+33%
|
4 269
+58%
|
6 272
+47%
|
8 942
+43%
|
8 877
-1%
|
9 777
+10%
|
12 867
+32%
|
13 490
+5%
|
15 677
+16%
|
17 272
+10%
|
17 103
-1%
|
13 874
-19%
|
12 283
-11%
|
9 201
-25%
|
8 939
-3%
|
7 792
-13%
|
6 632
-15%
|
7 261
+9%
|
9 256
+27%
|
10 074
+9%
|
13 786
+37%
|
15 064
+9%
|
13 323
-12%
|
11 809
-11%
|
7 247
-39%
|
2 174
-70%
|
3 384
+56%
|
8
-100%
|
(1 735)
N/A
|
(578)
+67%
|
(669)
-16%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 879)
|
(6 570)
|
(6 403)
|
(6 246)
|
(4 310)
|
(6 308)
|
(6 245)
|
(6 028)
|
(4 372)
|
(5 727)
|
(5 413)
|
(5 216)
|
(3 827)
|
(4 643)
|
(4 542)
|
(4 457)
|
(5 462)
|
(4 795)
|
(5 013)
|
(5 109)
|
(5 920)
|
(4 591)
|
(4 704)
|
(4 543)
|
(6 101)
|
(5 163)
|
(5 102)
|
(5 185)
|
(6 238)
|
(5 359)
|
(4 800)
|
(4 207)
|
(3 856)
|
(2 769)
|
(2 724)
|
(2 827)
|
(3 582)
|
(2 383)
|
(2 473)
|
(2 601)
|
(3 716)
|
|
Selling, General & Administrative |
(5 013)
|
(4 615)
|
(4 344)
|
(4 108)
|
(4 046)
|
(4 255)
|
(4 305)
|
(4 225)
|
(4 042)
|
(3 895)
|
(3 707)
|
(3 605)
|
(3 549)
|
(3 671)
|
(3 782)
|
(3 831)
|
(4 978)
|
(4 181)
|
(4 320)
|
(4 420)
|
(5 279)
|
(4 383)
|
(4 451)
|
(4 485)
|
(5 391)
|
(4 694)
|
(4 679)
|
(4 702)
|
(5 526)
|
(5 052)
|
(4 599)
|
(3 993)
|
(3 041)
|
(2 139)
|
(1 921)
|
(1 853)
|
(2 727)
|
(1 847)
|
(1 954)
|
(2 171)
|
(2 903)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
(43)
|
(272)
|
(330)
|
(400)
|
(477)
|
(419)
|
(493)
|
(552)
|
(515)
|
(410)
|
(435)
|
(384)
|
(385)
|
(401)
|
(477)
|
(553)
|
(579)
|
(617)
|
(715)
|
(744)
|
(804)
|
(700)
|
(649)
|
(577)
|
(519)
|
(468)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(231)
|
0
|
0
|
0
|
(225)
|
0
|
0
|
0
|
(211)
|
0
|
0
|
0
|
(278)
|
0
|
0
|
0
|
(309)
|
0
|
0
|
0
|
(336)
|
0
|
0
|
0
|
(337)
|
0
|
0
|
0
|
(203)
|
0
|
0
|
0
|
(213)
|
0
|
0
|
0
|
(266)
|
|
Other Operating Expenses |
(1 866)
|
(1 955)
|
(2 059)
|
(2 138)
|
(33)
|
(2 053)
|
(1 940)
|
(1 803)
|
(37)
|
(1 832)
|
(1 706)
|
(1 611)
|
(5)
|
(972)
|
(760)
|
(583)
|
66
|
(284)
|
(293)
|
(212)
|
87
|
285
|
299
|
457
|
36
|
(34)
|
(41)
|
(98)
|
26
|
170
|
352
|
365
|
5
|
85
|
(59)
|
(170)
|
58
|
113
|
58
|
89
|
(79)
|
|
Operating Income |
1 327
N/A
|
1 048
-21%
|
1 374
+31%
|
2 026
+47%
|
2 131
+5%
|
1 887
-11%
|
1 592
-16%
|
60
-96%
|
(2 959)
N/A
|
(3 704)
-25%
|
(2 715)
+27%
|
(947)
+65%
|
2 445
N/A
|
4 299
+76%
|
4 335
+1%
|
5 320
+23%
|
7 405
+39%
|
8 695
+17%
|
10 664
+23%
|
12 163
+14%
|
11 183
-8%
|
9 283
-17%
|
7 579
-18%
|
4 658
-39%
|
2 838
-39%
|
2 629
-7%
|
1 530
-42%
|
2 076
+36%
|
3 018
+45%
|
4 715
+56%
|
8 986
+91%
|
10 857
+21%
|
9 467
-13%
|
9 040
-5%
|
4 523
-50%
|
(653)
N/A
|
(198)
+70%
|
(2 375)
-1 099%
|
(4 208)
-77%
|
(3 179)
+24%
|
(4 385)
-38%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(663)
|
(578)
|
(514)
|
(572)
|
(566)
|
(637)
|
(716)
|
(915)
|
(973)
|
(971)
|
(968)
|
(824)
|
(856)
|
(817)
|
(871)
|
(932)
|
(898)
|
(1 001)
|
(993)
|
(1 053)
|
(1 102)
|
(1 072)
|
(1 113)
|
(1 003)
|
(816)
|
(811)
|
(728)
|
(573)
|
(544)
|
(554)
|
(414)
|
(320)
|
(192)
|
(53)
|
(51)
|
(76)
|
(36)
|
(86)
|
(17)
|
24
|
235
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
59
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(193)
|
0
|
16
|
17
|
(93)
|
0
|
(1)
|
(7)
|
(54)
|
0
|
0
|
15
|
(78)
|
9
|
9
|
5
|
(336)
|
67
|
67
|
88
|
(25)
|
25
|
25
|
(25)
|
(22)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(81)
|
0
|
0
|
0
|
(17)
|
(44)
|
(45)
|
(45)
|
(15)
|
(12)
|
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 |
64
|
115
|
54
|
(16)
|
95
|
(25)
|
50
|
133
|
127
|
144
|
108
|
102
|
44
|
40
|
(18)
|
(57)
|
(1)
|
(42)
|
(71)
|
(64)
|
20
|
(92)
|
(57)
|
(59)
|
4
|
(61)
|
(58)
|
(64)
|
7
|
(83)
|
(80)
|
(107)
|
20
|
(107)
|
(61)
|
(32)
|
(10)
|
(6)
|
(48)
|
(21)
|
30
|
|
Pre-Tax Income |
728
N/A
|
585
-20%
|
914
+56%
|
1 438
+57%
|
1 579
+10%
|
1 225
-22%
|
926
-24%
|
(722)
N/A
|
(3 763)
-421%
|
(4 575)
-22%
|
(3 620)
+21%
|
(1 714)
+53%
|
1 620
N/A
|
3 510
+117%
|
3 446
-2%
|
4 331
+26%
|
6 313
+46%
|
7 653
+21%
|
9 616
+26%
|
11 063
+15%
|
10 008
-10%
|
8 119
-19%
|
6 408
-21%
|
3 589
-44%
|
1 972
-45%
|
1 757
-11%
|
744
-58%
|
1 454
+95%
|
2 403
+65%
|
4 087
+70%
|
8 501
+108%
|
10 435
+23%
|
8 959
-14%
|
8 947
0%
|
4 478
-50%
|
(673)
N/A
|
(269)
+60%
|
(2 442)
-808%
|
(4 248)
-74%
|
(3 201)
+25%
|
(4 142)
-29%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
27
|
(70)
|
(270)
|
(511)
|
(655)
|
(569)
|
(428)
|
(170)
|
(837)
|
(658)
|
(834)
|
(1 025)
|
(5)
|
(203)
|
(32)
|
135
|
332
|
(162)
|
(619)
|
(1 392)
|
(2 056)
|
(1 684)
|
(1 489)
|
(770)
|
(212)
|
(121)
|
95
|
(79)
|
(407)
|
(853)
|
(1 761)
|
(2 193)
|
(1 961)
|
(1 961)
|
(967)
|
333
|
407
|
995
|
1 368
|
1 079
|
919
|
|
Income from Continuing Operations |
755
|
515
|
644
|
927
|
924
|
656
|
498
|
(892)
|
(4 600)
|
(5 233)
|
(4 454)
|
(2 739)
|
1 615
|
3 307
|
3 414
|
4 466
|
6 645
|
7 491
|
8 997
|
9 671
|
7 952
|
6 435
|
4 919
|
2 819
|
1 760
|
1 636
|
839
|
1 375
|
1 996
|
3 234
|
6 740
|
8 242
|
6 998
|
6 986
|
3 511
|
(340)
|
138
|
(1 447)
|
(2 880)
|
(2 122)
|
(3 223)
|
|
Income to Minority Interest |
15
|
0
|
0
|
1
|
4
|
5
|
8
|
9
|
7
|
0
|
6
|
11
|
1
|
(7)
|
(10)
|
(21)
|
(7)
|
3
|
7
|
8
|
0
|
1
|
(4)
|
0
|
27
|
26
|
23
|
15
|
(18)
|
(28)
|
(32)
|
(32)
|
(34)
|
(31)
|
(32)
|
(31)
|
(30)
|
(28)
|
(26)
|
(30)
|
(34)
|
|
Net Income (Common) |
770
N/A
|
516
-33%
|
645
+25%
|
928
+44%
|
928
N/A
|
661
-29%
|
506
-23%
|
(883)
N/A
|
(4 593)
-420%
|
(5 227)
-14%
|
(4 448)
+15%
|
(2 728)
+39%
|
1 616
N/A
|
3 300
+104%
|
3 404
+3%
|
4 445
+31%
|
6 638
+49%
|
7 494
+13%
|
9 004
+20%
|
9 679
+7%
|
7 952
-18%
|
6 436
-19%
|
4 915
-24%
|
2 819
-43%
|
1 787
-37%
|
1 662
-7%
|
862
-48%
|
1 390
+61%
|
1 978
+42%
|
3 206
+62%
|
6 708
+109%
|
8 210
+22%
|
6 964
-15%
|
6 955
0%
|
3 479
-50%
|
(371)
N/A
|
108
N/A
|
(1 475)
N/A
|
(2 906)
-97%
|
(2 152)
+26%
|
(3 257)
-51%
|
|
EPS (Diluted) |
0.09
N/A
|
0.06
-33%
|
0.07
+17%
|
0.1
+43%
|
0.1
N/A
|
0.07
-30%
|
0.05
-29%
|
-0.1
N/A
|
-0.49
-390%
|
-0.56
-14%
|
-0.47
+16%
|
-0.29
+38%
|
0.17
N/A
|
0.35
+106%
|
0.36
+3%
|
0.47
+31%
|
0.71
+51%
|
0.79
+11%
|
0.95
+20%
|
1.02
+7%
|
0.84
-18%
|
0.62
-26%
|
0.52
-16%
|
0.3
-42%
|
0.19
-37%
|
0.18
-5%
|
0.09
-50%
|
0.14
+56%
|
0.2
+43%
|
0.32
+60%
|
0.68
+113%
|
0.84
+24%
|
0.72
-14%
|
0.72
N/A
|
0.36
-50%
|
-0.04
N/A
|
0.01
N/A
|
-0.16
N/A
|
-0.31
-94%
|
-0.23
+26%
|
-0.35
-52%
|