Qingdao Foods Co Ltd
SZSE:001219
Income Statement
Earnings Waterfall
Qingdao Foods Co Ltd
Revenue
|
498.5m
CNY
|
Cost of Revenue
|
-346.1m
CNY
|
Gross Profit
|
152.4m
CNY
|
Operating Expenses
|
-56.5m
CNY
|
Operating Income
|
95.9m
CNY
|
Other Expenses
|
-4.3m
CNY
|
Net Income
|
91.5m
CNY
|
Income Statement
Qingdao Foods Co Ltd
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
456
N/A
|
441
-3%
|
424
-4%
|
434
+2%
|
455
+5%
|
483
+6%
|
494
+2%
|
494
0%
|
509
+3%
|
500
-2%
|
498
0%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(314)
|
(302)
|
(289)
|
(296)
|
(318)
|
(339)
|
(343)
|
(336)
|
(346)
|
(341)
|
(346)
|
|
Gross Profit |
142
N/A
|
139
-2%
|
134
-4%
|
138
+3%
|
137
-1%
|
144
+5%
|
151
+5%
|
158
+5%
|
163
+4%
|
160
-2%
|
152
-5%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(55)
|
(56)
|
(53)
|
(60)
|
(55)
|
(54)
|
(56)
|
(62)
|
(60)
|
(57)
|
(57)
|
|
Selling, General & Administrative |
(53)
|
(53)
|
(53)
|
(59)
|
(57)
|
(59)
|
(58)
|
(63)
|
(61)
|
(57)
|
(56)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
|
Other Operating Expenses |
1
|
0
|
3
|
2
|
4
|
6
|
4
|
5
|
3
|
2
|
1
|
|
Operating Income |
87
N/A
|
84
-4%
|
82
-2%
|
78
-4%
|
81
+4%
|
89
+10%
|
95
+6%
|
96
+1%
|
104
+8%
|
103
0%
|
96
-7%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
16
|
15
|
17
|
12
|
15
|
18
|
22
|
25
|
26
|
26
|
26
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
|
Pre-Tax Income |
101
N/A
|
97
-4%
|
97
0%
|
90
-7%
|
96
+7%
|
108
+12%
|
117
+9%
|
122
+4%
|
130
+7%
|
130
-1%
|
122
-6%
|
|
Net Income | ||||||||||||
Tax Provision |
(25)
|
(24)
|
(24)
|
(22)
|
(24)
|
(27)
|
(29)
|
(30)
|
(33)
|
(32)
|
(31)
|
|
Income from Continuing Operations |
77
|
73
|
73
|
68
|
73
|
81
|
88
|
91
|
98
|
97
|
92
|
|
Net Income (Common) |
77
N/A
|
73
-4%
|
73
-1%
|
68
-7%
|
73
+7%
|
81
+12%
|
88
+9%
|
91
+3%
|
98
+7%
|
97
-1%
|
92
-6%
|
|
EPS (Diluted) |
0.66
N/A
|
0.63
-5%
|
0.63
N/A
|
0.45
-29%
|
0.63
+40%
|
0.7
+11%
|
0.6
-14%
|
0.61
+2%
|
0.65
+7%
|
0.65
N/A
|
0.61
-6%
|