Zhejiang Nhu Co Ltd
SZSE:002001
Income Statement
Earnings Waterfall
Zhejiang Nhu Co Ltd
Revenue
|
15B
CNY
|
Cost of Revenue
|
-10.1B
CNY
|
Gross Profit
|
4.9B
CNY
|
Operating Expenses
|
-1.7B
CNY
|
Operating Income
|
3.2B
CNY
|
Other Expenses
|
-533.9m
CNY
|
Net Income
|
2.7B
CNY
|
Income Statement
Zhejiang Nhu 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 |
3 785
N/A
|
4 238
+12%
|
4 181
-1%
|
4 350
+4%
|
4 390
+1%
|
4 164
-5%
|
4 158
0%
|
3 965
-5%
|
3 965
+0%
|
3 823
-4%
|
3 952
+3%
|
4 194
+6%
|
4 414
+5%
|
4 696
+6%
|
4 838
+3%
|
5 002
+3%
|
5 366
+7%
|
6 235
+16%
|
8 053
+29%
|
8 278
+3%
|
8 862
+7%
|
8 683
-2%
|
7 474
-14%
|
7 922
+6%
|
7 760
-2%
|
7 660
-1%
|
8 449
+10%
|
9 074
+7%
|
9 338
+3%
|
10 314
+10%
|
11 433
+11%
|
12 305
+8%
|
13 408
+9%
|
14 917
+11%
|
15 413
+3%
|
15 771
+2%
|
16 192
+3%
|
15 934
-2%
|
15 238
-4%
|
15 137
-1%
|
15 036
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 369)
|
(2 672)
|
(2 613)
|
(2 620)
|
(2 662)
|
(2 511)
|
(2 650)
|
(2 756)
|
(2 863)
|
(2 799)
|
(2 844)
|
(2 744)
|
(2 664)
|
(2 591)
|
(2 683)
|
(2 815)
|
(3 092)
|
(3 110)
|
(3 269)
|
(3 381)
|
(3 842)
|
(4 073)
|
(4 340)
|
(4 591)
|
(4 286)
|
(4 069)
|
(4 460)
|
(4 218)
|
(4 179)
|
(4 740)
|
(5 501)
|
(6 406)
|
(7 287)
|
(8 326)
|
(8 867)
|
(9 529)
|
(10 140)
|
(10 212)
|
(10 126)
|
(10 234)
|
(10 120)
|
|
Gross Profit |
1 416
N/A
|
1 566
+11%
|
1 568
+0%
|
1 730
+10%
|
1 728
0%
|
1 654
-4%
|
1 508
-9%
|
1 209
-20%
|
1 103
-9%
|
1 023
-7%
|
1 108
+8%
|
1 450
+31%
|
1 749
+21%
|
2 105
+20%
|
2 154
+2%
|
2 187
+2%
|
2 274
+4%
|
3 125
+37%
|
4 783
+53%
|
4 898
+2%
|
5 021
+3%
|
4 610
-8%
|
3 135
-32%
|
3 330
+6%
|
3 474
+4%
|
3 592
+3%
|
3 989
+11%
|
4 856
+22%
|
5 159
+6%
|
5 574
+8%
|
5 932
+6%
|
5 898
-1%
|
6 122
+4%
|
6 591
+8%
|
6 546
-1%
|
6 242
-5%
|
6 052
-3%
|
5 722
-5%
|
5 112
-11%
|
4 903
-4%
|
4 916
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(414)
|
(492)
|
(496)
|
(513)
|
(540)
|
(595)
|
(570)
|
(597)
|
(609)
|
(633)
|
(607)
|
(620)
|
(631)
|
(708)
|
(675)
|
(685)
|
(741)
|
(914)
|
(937)
|
(952)
|
(1 002)
|
(1 123)
|
(926)
|
(960)
|
(935)
|
(1 090)
|
(1 012)
|
(1 095)
|
(1 130)
|
(1 294)
|
(1 306)
|
(1 282)
|
(1 296)
|
(1 351)
|
(1 352)
|
(1 347)
|
(1 316)
|
(1 440)
|
(1 444)
|
(1 525)
|
(1 672)
|
|
Selling, General & Administrative |
(379)
|
(276)
|
(480)
|
(518)
|
(536)
|
(337)
|
(566)
|
(592)
|
(601)
|
(381)
|
(599)
|
(605)
|
(621)
|
(415)
|
(655)
|
(675)
|
(675)
|
(564)
|
(811)
|
(896)
|
(916)
|
(683)
|
(717)
|
(602)
|
(575)
|
(669)
|
(657)
|
(716)
|
(737)
|
(789)
|
(817)
|
(738)
|
(704)
|
(623)
|
(591)
|
(584)
|
(580)
|
(647)
|
(622)
|
(647)
|
(720)
|
|
Research & Development |
0
|
(190)
|
0
|
0
|
0
|
(224)
|
0
|
0
|
0
|
(202)
|
0
|
0
|
0
|
(253)
|
0
|
0
|
(62)
|
(336)
|
0
|
0
|
(96)
|
(420)
|
(335)
|
(432)
|
(438)
|
(397)
|
(434)
|
(462)
|
(491)
|
(507)
|
(612)
|
(678)
|
(716)
|
(731)
|
(851)
|
(871)
|
(863)
|
(790)
|
(821)
|
(835)
|
(890)
|
|
Depreciation & Amortization |
0
|
(16)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(102)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
(139)
|
0
|
0
|
0
|
(170)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(35)
|
(9)
|
(16)
|
4
|
(4)
|
(12)
|
(3)
|
(5)
|
(8)
|
(21)
|
(9)
|
(15)
|
(10)
|
(9)
|
(19)
|
(9)
|
(3)
|
29
|
(126)
|
(56)
|
10
|
68
|
126
|
75
|
78
|
78
|
79
|
83
|
98
|
105
|
123
|
133
|
124
|
142
|
89
|
109
|
127
|
167
|
(1)
|
(43)
|
(62)
|
|
Operating Income |
1 003
N/A
|
1 074
+7%
|
1 072
0%
|
1 216
+13%
|
1 188
-2%
|
1 059
-11%
|
939
-11%
|
612
-35%
|
494
-19%
|
390
-21%
|
501
+28%
|
830
+66%
|
1 118
+35%
|
1 397
+25%
|
1 480
+6%
|
1 503
+2%
|
1 533
+2%
|
2 211
+44%
|
3 847
+74%
|
3 946
+3%
|
4 019
+2%
|
3 488
-13%
|
2 209
-37%
|
2 370
+7%
|
2 539
+7%
|
2 501
-2%
|
2 977
+19%
|
3 761
+26%
|
4 029
+7%
|
4 280
+6%
|
4 626
+8%
|
4 616
0%
|
4 825
+5%
|
5 239
+9%
|
5 194
-1%
|
4 895
-6%
|
4 736
-3%
|
4 283
-10%
|
3 668
-14%
|
3 378
-8%
|
3 244
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(69)
|
(35)
|
(28)
|
(16)
|
(33)
|
(53)
|
(69)
|
(43)
|
(5)
|
79
|
66
|
66
|
54
|
73
|
57
|
(9)
|
(58)
|
(99)
|
(208)
|
(69)
|
45
|
143
|
211
|
166
|
72
|
31
|
25
|
(9)
|
(66)
|
(119)
|
(175)
|
(214)
|
(158)
|
(94)
|
(65)
|
13
|
(8)
|
27
|
18
|
47
|
8
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
7
|
5
|
6
|
8
|
(1)
|
(3)
|
(11)
|
(1)
|
6
|
10
|
31
|
29
|
30
|
33
|
(38)
|
8
|
5
|
1
|
(90)
|
1
|
4
|
(1)
|
(74)
|
(0)
|
10
|
17
|
|
Gain/Loss on Disposition of Assets |
(0)
|
5
|
(1)
|
0
|
(2)
|
1
|
(3)
|
(4)
|
(6)
|
(13)
|
(17)
|
(14)
|
(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
|
0
|
|
Total Other Income |
(76)
|
15
|
39
|
38
|
40
|
10
|
16
|
24
|
24
|
25
|
28
|
23
|
23
|
30
|
32
|
22
|
17
|
0
|
(12)
|
(6)
|
14
|
20
|
12
|
14
|
(8)
|
2
|
(10)
|
(13)
|
(14)
|
(13)
|
(45)
|
(35)
|
(34)
|
8
|
(52)
|
(61)
|
(58)
|
2
|
(74)
|
(72)
|
(74)
|
|
Pre-Tax Income |
857
N/A
|
1 059
+24%
|
1 082
+2%
|
1 237
+14%
|
1 193
-4%
|
1 016
-15%
|
883
-13%
|
589
-33%
|
508
-14%
|
481
-5%
|
578
+20%
|
904
+56%
|
1 183
+31%
|
1 500
+27%
|
1 573
+5%
|
1 522
-3%
|
1 497
-2%
|
2 118
+41%
|
3 635
+72%
|
3 870
+6%
|
4 075
+5%
|
3 640
-11%
|
2 431
-33%
|
2 556
+5%
|
2 613
+2%
|
2 565
-2%
|
3 021
+18%
|
3 770
+25%
|
3 983
+6%
|
4 110
+3%
|
4 414
+7%
|
4 372
-1%
|
4 635
+6%
|
5 063
+9%
|
5 078
+0%
|
4 851
-4%
|
4 670
-4%
|
4 238
-9%
|
3 613
-15%
|
3 362
-7%
|
3 195
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(157)
|
(177)
|
(186)
|
(217)
|
(209)
|
(208)
|
(198)
|
(144)
|
(128)
|
(91)
|
(104)
|
(164)
|
(203)
|
(275)
|
(281)
|
(247)
|
(256)
|
(404)
|
(651)
|
(674)
|
(697)
|
(541)
|
(322)
|
(367)
|
(359)
|
(392)
|
(460)
|
(541)
|
(573)
|
(533)
|
(596)
|
(582)
|
(605)
|
(691)
|
(653)
|
(696)
|
(687)
|
(600)
|
(535)
|
(451)
|
(461)
|
|
Income from Continuing Operations |
700
|
882
|
896
|
1 020
|
984
|
808
|
685
|
445
|
380
|
390
|
474
|
740
|
980
|
1 225
|
1 292
|
1 276
|
1 241
|
1 714
|
2 984
|
3 196
|
3 378
|
3 098
|
2 109
|
2 189
|
2 253
|
2 173
|
2 561
|
3 230
|
3 410
|
3 577
|
3 818
|
3 791
|
4 030
|
4 372
|
4 426
|
4 155
|
3 984
|
3 638
|
3 077
|
2 911
|
2 734
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
4
|
(8)
|
(18)
|
(23)
|
(14)
|
(3)
|
17
|
(9)
|
(18)
|
(19)
|
(37)
|
(20)
|
(13)
|
(16)
|
(9)
|
(8)
|
(6)
|
(8)
|
(10)
|
(13)
|
(18)
|
(16)
|
(19)
|
(16)
|
(17)
|
(18)
|
(15)
|
(18)
|
(17)
|
(21)
|
(23)
|
|
Net Income (Common) |
700
N/A
|
882
+26%
|
896
+2%
|
1 020
+14%
|
984
-3%
|
808
-18%
|
685
-15%
|
445
-35%
|
380
-15%
|
402
+6%
|
477
+19%
|
732
+53%
|
963
+31%
|
1 203
+25%
|
1 279
+6%
|
1 273
0%
|
1 258
-1%
|
1 704
+35%
|
2 966
+74%
|
3 177
+7%
|
3 341
+5%
|
3 079
-8%
|
2 096
-32%
|
2 173
+4%
|
2 244
+3%
|
2 165
-4%
|
2 554
+18%
|
3 222
+26%
|
3 400
+6%
|
3 564
+5%
|
3 801
+7%
|
3 774
-1%
|
4 011
+6%
|
4 356
+9%
|
4 409
+1%
|
4 137
-6%
|
3 969
-4%
|
3 620
-9%
|
3 060
-15%
|
2 890
-6%
|
2 710
-6%
|
|
EPS (Diluted) |
0.38
N/A
|
0.48
+26%
|
0.49
+2%
|
0.56
+14%
|
0.54
-4%
|
0.44
-19%
|
0.37
-16%
|
0.24
-35%
|
0.2
-17%
|
0.22
+10%
|
0.25
+14%
|
0.38
+52%
|
0.51
+34%
|
0.65
+27%
|
0.69
+6%
|
0.69
N/A
|
0.68
-1%
|
0.92
+35%
|
1.38
+50%
|
1.47
+7%
|
1.55
+5%
|
1.43
-8%
|
0.97
-32%
|
0.97
N/A
|
1.03
+6%
|
1.01
-2%
|
1.18
+17%
|
1.5
+27%
|
1.59
+6%
|
1.66
+4%
|
1.77
+7%
|
1.23
-31%
|
1.3
+6%
|
1.41
+8%
|
1.43
+1%
|
1.34
-6%
|
1.29
-4%
|
1.17
-9%
|
0.99
-15%
|
0.94
-5%
|
0.88
-6%
|