SICHUAN HEXIE SHUANGMA Co Ltd
SZSE:000935
Income Statement
Earnings Waterfall
SICHUAN HEXIE SHUANGMA Co Ltd
Revenue
|
1.2B
CNY
|
Cost of Revenue
|
-569.7m
CNY
|
Gross Profit
|
629.4m
CNY
|
Operating Expenses
|
-80.3m
CNY
|
Operating Income
|
549.1m
CNY
|
Other Expenses
|
233.1m
CNY
|
Net Income
|
782.2m
CNY
|
Income Statement
SICHUAN HEXIE SHUANGMA 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 |
2 035
N/A
|
2 330
+14%
|
2 485
+7%
|
2 553
+3%
|
2 541
0%
|
2 318
-9%
|
2 176
-6%
|
1 975
-9%
|
2 062
+4%
|
2 015
-2%
|
2 046
+2%
|
2 238
+9%
|
2 342
+5%
|
2 478
+6%
|
2 582
+4%
|
2 748
+6%
|
2 717
-1%
|
2 502
-8%
|
2 362
-6%
|
1 940
-18%
|
1 820
-6%
|
1 827
+0%
|
1 809
-1%
|
1 811
+0%
|
1 752
-3%
|
1 758
+0%
|
1 631
-7%
|
1 473
-10%
|
1 390
-6%
|
1 185
-15%
|
1 156
-2%
|
1 224
+6%
|
1 260
+3%
|
1 303
+3%
|
1 269
-3%
|
1 220
-4%
|
1 170
-4%
|
1 160
-1%
|
1 134
-2%
|
1 219
+8%
|
1 199
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 660)
|
(1 861)
|
(1 959)
|
(1 983)
|
(2 018)
|
(1 935)
|
(1 882)
|
(1 770)
|
(1 861)
|
(1 781)
|
(1 772)
|
(1 861)
|
(1 972)
|
(2 052)
|
(2 105)
|
(2 153)
|
(2 014)
|
(1 714)
|
(1 456)
|
(1 037)
|
(979)
|
(984)
|
(990)
|
(954)
|
(938)
|
(967)
|
(906)
|
(785)
|
(737)
|
(605)
|
(598)
|
(630)
|
(677)
|
(729)
|
(718)
|
(708)
|
(702)
|
(693)
|
(670)
|
(600)
|
(570)
|
|
Gross Profit |
376
N/A
|
469
+25%
|
525
+12%
|
570
+8%
|
523
-8%
|
382
-27%
|
294
-23%
|
204
-30%
|
201
-2%
|
234
+16%
|
274
+17%
|
377
+38%
|
370
-2%
|
427
+15%
|
477
+12%
|
595
+25%
|
703
+18%
|
788
+12%
|
906
+15%
|
903
0%
|
842
-7%
|
843
+0%
|
819
-3%
|
856
+5%
|
814
-5%
|
791
-3%
|
725
-8%
|
687
-5%
|
653
-5%
|
580
-11%
|
558
-4%
|
594
+6%
|
583
-2%
|
574
-1%
|
551
-4%
|
512
-7%
|
467
-9%
|
467
0%
|
464
-1%
|
619
+33%
|
629
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(128)
|
(146)
|
(157)
|
(193)
|
(183)
|
(192)
|
(202)
|
(223)
|
(214)
|
(190)
|
(185)
|
(195)
|
(188)
|
(193)
|
(197)
|
(201)
|
(158)
|
(115)
|
(81)
|
(64)
|
(37)
|
(41)
|
(45)
|
(90)
|
(80)
|
(86)
|
(97)
|
(116)
|
(110)
|
(116)
|
(147)
|
(163)
|
(167)
|
(188)
|
(160)
|
(167)
|
(159)
|
(139)
|
(140)
|
(141)
|
(80)
|
|
Selling, General & Administrative |
(128)
|
(147)
|
(155)
|
(187)
|
(182)
|
(186)
|
(196)
|
(215)
|
(208)
|
(190)
|
(185)
|
(188)
|
(173)
|
(191)
|
(200)
|
(226)
|
(163)
|
(123)
|
(96)
|
(123)
|
(82)
|
(81)
|
(81)
|
(127)
|
(114)
|
(124)
|
(133)
|
(134)
|
(132)
|
(127)
|
(146)
|
(147)
|
(151)
|
(158)
|
(131)
|
(140)
|
(132)
|
(123)
|
(123)
|
(131)
|
(108)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(3)
|
(3)
|
(2)
|
(9)
|
(9)
|
(9)
|
(17)
|
(34)
|
(34)
|
(47)
|
(47)
|
(43)
|
(49)
|
(42)
|
(42)
|
(21)
|
(18)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
|
Other Operating Expenses |
1
|
1
|
(1)
|
(4)
|
(0)
|
(5)
|
(5)
|
(5)
|
(6)
|
(1)
|
(0)
|
(5)
|
(15)
|
(3)
|
3
|
27
|
5
|
9
|
15
|
59
|
45
|
39
|
37
|
43
|
38
|
41
|
38
|
28
|
30
|
20
|
15
|
24
|
17
|
17
|
18
|
25
|
22
|
26
|
24
|
21
|
46
|
|
Operating Income |
248
N/A
|
323
+30%
|
369
+14%
|
376
+2%
|
341
-10%
|
191
-44%
|
92
-52%
|
(18)
N/A
|
(13)
+30%
|
43
N/A
|
88
+106%
|
182
+106%
|
182
+0%
|
233
+28%
|
280
+20%
|
395
+41%
|
545
+38%
|
673
+24%
|
825
+22%
|
839
+2%
|
805
-4%
|
802
0%
|
774
-3%
|
766
-1%
|
734
-4%
|
705
-4%
|
628
-11%
|
571
-9%
|
543
-5%
|
464
-15%
|
411
-11%
|
430
+5%
|
415
-3%
|
387
-7%
|
391
+1%
|
345
-12%
|
308
-11%
|
327
+6%
|
324
-1%
|
478
+48%
|
549
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
11
|
(24)
|
(44)
|
(109)
|
(120)
|
(114)
|
(109)
|
(92)
|
(110)
|
(96)
|
(90)
|
(76)
|
(72)
|
(70)
|
(68)
|
(74)
|
(109)
|
(100)
|
(92)
|
(4)
|
53
|
94
|
74
|
59
|
59
|
103
|
327
|
154
|
411
|
502
|
451
|
719
|
814
|
850
|
896
|
330
|
559
|
521
|
469
|
622
|
345
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(10)
|
(1)
|
(1)
|
0
|
(28)
|
2
|
1
|
(1)
|
(29)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
145
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
262
|
0
|
0
|
23
|
36
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(2)
|
0
|
(20)
|
(24)
|
(22)
|
(22)
|
(4)
|
(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
|
|
Total Other Income |
10
|
17
|
21
|
25
|
25
|
24
|
26
|
28
|
35
|
46
|
63
|
63
|
68
|
44
|
20
|
2
|
(10)
|
(4)
|
(5)
|
2
|
1
|
(1)
|
(1)
|
(2)
|
(4)
|
(0)
|
6
|
112
|
114
|
113
|
104
|
(8)
|
(9)
|
(9)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
|
Pre-Tax Income |
269
N/A
|
315
+17%
|
346
+10%
|
291
-16%
|
246
-16%
|
81
-67%
|
(15)
N/A
|
(108)
-642%
|
(110)
-2%
|
(12)
+89%
|
61
N/A
|
158
+160%
|
177
+12%
|
206
+16%
|
232
+13%
|
295
+27%
|
427
+45%
|
571
+34%
|
728
+28%
|
808
+11%
|
858
+6%
|
894
+4%
|
847
-5%
|
823
-3%
|
789
-4%
|
807
+2%
|
960
+19%
|
982
+2%
|
1 068
+9%
|
1 079
+1%
|
965
-11%
|
1 140
+18%
|
1 220
+7%
|
1 227
+1%
|
1 279
+4%
|
929
-27%
|
860
-7%
|
841
-2%
|
808
-4%
|
1 130
+40%
|
887
-21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(47)
|
(53)
|
(57)
|
(55)
|
(47)
|
(26)
|
(11)
|
2
|
1
|
(9)
|
(20)
|
(50)
|
(53)
|
(57)
|
(63)
|
(48)
|
(71)
|
(88)
|
(100)
|
(104)
|
(97)
|
(92)
|
(91)
|
(96)
|
(95)
|
(98)
|
(96)
|
(93)
|
(109)
|
(117)
|
(125)
|
(155)
|
(173)
|
(178)
|
(179)
|
(106)
|
(89)
|
(82)
|
(79)
|
(147)
|
(109)
|
|
Income from Continuing Operations |
222
|
263
|
289
|
237
|
199
|
55
|
(25)
|
(106)
|
(109)
|
(21)
|
41
|
108
|
124
|
149
|
169
|
247
|
356
|
483
|
628
|
704
|
762
|
802
|
756
|
726
|
694
|
709
|
864
|
888
|
959
|
962
|
841
|
985
|
1 047
|
1 049
|
1 100
|
823
|
770
|
759
|
729
|
983
|
779
|
|
Income to Minority Interest |
(144)
|
(148)
|
(151)
|
(133)
|
(116)
|
(66)
|
(36)
|
(8)
|
(5)
|
(15)
|
(22)
|
(24)
|
(26)
|
(30)
|
(37)
|
(43)
|
(50)
|
(36)
|
(20)
|
(8)
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
0
|
1
|
2
|
2
|
3
|
3
|
3
|
4
|
2
|
1
|
(1)
|
(1)
|
3
|
4
|
|
Net Income (Common) |
78
N/A
|
115
+47%
|
138
+20%
|
104
-25%
|
83
-20%
|
(11)
N/A
|
(61)
-461%
|
(114)
-86%
|
(114)
+0%
|
(36)
+68%
|
19
N/A
|
85
+340%
|
98
+16%
|
119
+22%
|
132
+11%
|
204
+54%
|
306
+50%
|
447
+46%
|
608
+36%
|
696
+14%
|
764
+10%
|
804
+5%
|
759
-6%
|
729
-4%
|
696
-5%
|
710
+2%
|
864
+22%
|
889
+3%
|
960
+8%
|
964
+0%
|
842
-13%
|
989
+17%
|
1 051
+6%
|
1 052
+0%
|
1 104
+5%
|
825
-25%
|
772
-7%
|
758
-2%
|
728
-4%
|
985
+35%
|
782
-21%
|
|
EPS (Diluted) |
0.12
N/A
|
0.18
+50%
|
0.22
+22%
|
0.17
-23%
|
0.1
-41%
|
-0.01
N/A
|
-0.08
-700%
|
-0.16
-100%
|
-0.15
+6%
|
-0.05
+67%
|
0.02
N/A
|
0.11
+450%
|
0.12
+9%
|
0.15
+25%
|
0.17
+13%
|
0.27
+59%
|
0.4
+48%
|
0.59
+48%
|
0.8
+36%
|
0.91
+14%
|
1.01
+11%
|
1.06
+5%
|
1
-6%
|
0.95
-5%
|
0.91
-4%
|
0.92
+1%
|
1.12
+22%
|
1.16
+4%
|
1.25
+8%
|
1.26
+1%
|
1.1
-13%
|
1.3
+18%
|
1.38
+6%
|
1.38
N/A
|
1.45
+5%
|
1.08
-26%
|
1.01
-6%
|
0.99
-2%
|
0.95
-4%
|
1.29
+36%
|
1.02
-21%
|