Mesnac Co Ltd
SZSE:002073
Income Statement
Earnings Waterfall
Mesnac Co Ltd
Revenue
|
5.4B
CNY
|
Cost of Revenue
|
-4.1B
CNY
|
Gross Profit
|
1.3B
CNY
|
Operating Expenses
|
-961.5m
CNY
|
Operating Income
|
365.2m
CNY
|
Other Expenses
|
-69.8m
CNY
|
Net Income
|
295.4m
CNY
|
Income Statement
Mesnac 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 |
2 232
N/A
|
2 520
+13%
|
2 544
+1%
|
2 610
+3%
|
2 762
+6%
|
2 950
+7%
|
3 002
+2%
|
3 095
+3%
|
2 833
-8%
|
2 516
-11%
|
2 317
-8%
|
2 009
-13%
|
2 017
+0%
|
1 933
-4%
|
2 192
+13%
|
2 262
+3%
|
2 489
+10%
|
2 734
+10%
|
2 750
+1%
|
2 707
-2%
|
2 680
-1%
|
2 761
+3%
|
2 878
+4%
|
3 001
+4%
|
3 039
+1%
|
2 865
-6%
|
2 599
-9%
|
2 602
+0%
|
2 650
+2%
|
3 082
+16%
|
3 233
+5%
|
3 743
+16%
|
4 488
+20%
|
5 455
+22%
|
6 094
+12%
|
6 516
+7%
|
6 142
-6%
|
5 736
-7%
|
5 693
-1%
|
5 257
-8%
|
5 404
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 585)
|
(1 930)
|
(1 969)
|
(1 972)
|
(2 073)
|
(2 079)
|
(2 100)
|
(2 159)
|
(1 928)
|
(1 735)
|
(1 656)
|
(1 489)
|
(1 521)
|
(1 717)
|
(1 847)
|
(1 886)
|
(2 090)
|
(2 085)
|
(2 104)
|
(2 071)
|
(2 047)
|
(2 283)
|
(2 308)
|
(2 414)
|
(2 451)
|
(2 192)
|
(2 014)
|
(2 017)
|
(2 065)
|
(2 456)
|
(2 549)
|
(3 002)
|
(3 740)
|
(4 641)
|
(5 247)
|
(5 638)
|
(5 169)
|
(4 641)
|
(4 536)
|
(4 045)
|
(4 077)
|
|
Gross Profit |
648
N/A
|
590
-9%
|
575
-2%
|
638
+11%
|
689
+8%
|
871
+26%
|
901
+3%
|
937
+4%
|
904
-3%
|
781
-14%
|
661
-15%
|
520
-21%
|
496
-5%
|
216
-56%
|
346
+60%
|
376
+9%
|
399
+6%
|
649
+62%
|
646
0%
|
636
-2%
|
633
-1%
|
478
-24%
|
570
+19%
|
587
+3%
|
587
+0%
|
673
+15%
|
584
-13%
|
584
0%
|
585
+0%
|
626
+7%
|
685
+9%
|
741
+8%
|
748
+1%
|
814
+9%
|
847
+4%
|
878
+4%
|
972
+11%
|
1 094
+13%
|
1 157
+6%
|
1 212
+5%
|
1 327
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(533)
|
(567)
|
(569)
|
(586)
|
(618)
|
(706)
|
(771)
|
(781)
|
(730)
|
(644)
|
(617)
|
(629)
|
(672)
|
(1 067)
|
(1 154)
|
(1 123)
|
(1 095)
|
(691)
|
(636)
|
(593)
|
(568)
|
(626)
|
(934)
|
(960)
|
(948)
|
(594)
|
(566)
|
(560)
|
(579)
|
(532)
|
(538)
|
(604)
|
(601)
|
(665)
|
(706)
|
(717)
|
(774)
|
(896)
|
(894)
|
(921)
|
(962)
|
|
Selling, General & Administrative |
(491)
|
(382)
|
(554)
|
(591)
|
(606)
|
(444)
|
(681)
|
(689)
|
(647)
|
(439)
|
(579)
|
(586)
|
(641)
|
(820)
|
(668)
|
(651)
|
(619)
|
(508)
|
(605)
|
(590)
|
(538)
|
(478)
|
(404)
|
(366)
|
(366)
|
(423)
|
(421)
|
(434)
|
(436)
|
(382)
|
(390)
|
(436)
|
(418)
|
(434)
|
(486)
|
(468)
|
(506)
|
(593)
|
(613)
|
(645)
|
(657)
|
|
Research & Development |
0
|
(151)
|
0
|
0
|
0
|
(224)
|
0
|
0
|
0
|
(158)
|
0
|
0
|
0
|
(197)
|
0
|
0
|
0
|
(177)
|
0
|
0
|
(39)
|
(139)
|
(114)
|
(148)
|
(133)
|
(142)
|
(150)
|
(142)
|
(163)
|
(142)
|
(164)
|
(181)
|
(190)
|
(213)
|
(241)
|
(276)
|
(302)
|
(293)
|
(316)
|
(313)
|
(336)
|
|
Depreciation & Amortization |
0
|
(31)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(42)
|
(2)
|
(15)
|
5
|
(12)
|
(1)
|
(90)
|
(92)
|
(83)
|
(3)
|
(38)
|
(43)
|
(31)
|
(6)
|
(486)
|
(472)
|
(476)
|
38
|
(31)
|
(3)
|
9
|
54
|
(416)
|
(446)
|
(449)
|
24
|
5
|
15
|
20
|
36
|
17
|
13
|
6
|
17
|
22
|
27
|
34
|
30
|
35
|
36
|
31
|
|
Operating Income |
114
N/A
|
23
-80%
|
6
-75%
|
52
+791%
|
71
+37%
|
165
+133%
|
130
-21%
|
155
+19%
|
174
+12%
|
137
-21%
|
44
-68%
|
(108)
N/A
|
(176)
-63%
|
(851)
-383%
|
(808)
+5%
|
(748)
+7%
|
(695)
+7%
|
(43)
+94%
|
10
N/A
|
43
+338%
|
64
+48%
|
(148)
N/A
|
(363)
-146%
|
(373)
-3%
|
(361)
+3%
|
79
N/A
|
19
-76%
|
24
+26%
|
6
-75%
|
94
+1 470%
|
147
+56%
|
137
-6%
|
146
+7%
|
149
+2%
|
142
-5%
|
161
+14%
|
198
+23%
|
199
+0%
|
263
+32%
|
291
+11%
|
365
+25%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(58)
|
(54)
|
(48)
|
(62)
|
(77)
|
(49)
|
(14)
|
9
|
55
|
17
|
29
|
77
|
40
|
70
|
62
|
42
|
62
|
38
|
73
|
50
|
43
|
(5)
|
(3)
|
0
|
(13)
|
(25)
|
(4)
|
(1)
|
13
|
4
|
(0)
|
(0)
|
23
|
52
|
69
|
72
|
68
|
34
|
(5)
|
10
|
5
|
|
Non-Reccuring Items |
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
70
|
(4)
|
(4)
|
(4)
|
(216)
|
1
|
1
|
2
|
13
|
4
|
9
|
7
|
4
|
5
|
(0)
|
0
|
(60)
|
(58)
|
(58)
|
(59)
|
(12)
|
(12)
|
(13)
|
(20)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(0)
|
0
|
(1)
|
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
|
116
|
152
|
124
|
122
|
105
|
72
|
77
|
60
|
92
|
96
|
131
|
125
|
89
|
89
|
28
|
44
|
1
|
(5)
|
5
|
(22)
|
1
|
(3)
|
(5)
|
(6)
|
2
|
(4)
|
(7)
|
(1)
|
(1)
|
(2)
|
(4)
|
(8)
|
(0)
|
(2)
|
(1)
|
1
|
(0)
|
(1)
|
(7)
|
(6)
|
|
Pre-Tax Income |
132
N/A
|
78
-41%
|
110
+42%
|
113
+2%
|
115
+2%
|
214
+85%
|
188
-12%
|
241
+28%
|
289
+20%
|
246
-15%
|
169
-32%
|
100
-41%
|
(11)
N/A
|
(710)
-6 300%
|
(658)
+7%
|
(679)
-3%
|
(592)
+13%
|
67
N/A
|
73
+9%
|
93
+28%
|
82
-12%
|
(368)
N/A
|
(368)
+0%
|
(376)
-2%
|
(377)
0%
|
69
N/A
|
15
-79%
|
24
+62%
|
25
+5%
|
101
+312%
|
149
+47%
|
133
-11%
|
161
+21%
|
140
-13%
|
151
+8%
|
174
+16%
|
209
+20%
|
221
+6%
|
244
+11%
|
281
+15%
|
345
+23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
29
|
48
|
18
|
24
|
40
|
(24)
|
(18)
|
(43)
|
(62)
|
(49)
|
(34)
|
(9)
|
5
|
(77)
|
(79)
|
(67)
|
(77)
|
10
|
3
|
(16)
|
(10)
|
29
|
29
|
27
|
15
|
(12)
|
(14)
|
(19)
|
(11)
|
(28)
|
(32)
|
(26)
|
(22)
|
(14)
|
(5)
|
(15)
|
(17)
|
12
|
3
|
17
|
16
|
|
Income from Continuing Operations |
161
|
125
|
128
|
137
|
155
|
190
|
170
|
198
|
227
|
197
|
135
|
90
|
(7)
|
(787)
|
(737)
|
(745)
|
(669)
|
76
|
76
|
78
|
72
|
(339)
|
(339)
|
(349)
|
(361)
|
57
|
1
|
5
|
14
|
73
|
117
|
108
|
139
|
126
|
146
|
159
|
191
|
232
|
248
|
298
|
361
|
|
Income to Minority Interest |
(4)
|
1
|
1
|
(0)
|
1
|
2
|
5
|
6
|
9
|
13
|
13
|
17
|
17
|
15
|
16
|
17
|
18
|
16
|
18
|
16
|
13
|
26
|
28
|
39
|
41
|
21
|
21
|
14
|
15
|
22
|
22
|
16
|
16
|
16
|
1
|
(2)
|
(14)
|
(30)
|
(37)
|
(49)
|
(66)
|
|
Net Income (Common) |
156
N/A
|
126
-19%
|
129
+3%
|
137
+5%
|
157
+15%
|
192
+23%
|
175
-9%
|
204
+16%
|
236
+15%
|
210
-11%
|
148
-29%
|
107
-28%
|
10
-91%
|
(771)
N/A
|
(721)
+6%
|
(728)
-1%
|
(651)
+11%
|
92
N/A
|
94
+2%
|
93
0%
|
85
-9%
|
(313)
N/A
|
(311)
+1%
|
(311)
+0%
|
(320)
-3%
|
78
N/A
|
22
-71%
|
18
-18%
|
29
+56%
|
95
+234%
|
139
+46%
|
123
-12%
|
155
+26%
|
142
-8%
|
146
+3%
|
157
+7%
|
178
+13%
|
203
+14%
|
211
+4%
|
249
+18%
|
295
+18%
|
|
EPS (Diluted) |
0.21
N/A
|
0.17
-19%
|
0.18
+6%
|
0.19
+6%
|
0.22
+16%
|
0.26
+18%
|
0.25
-4%
|
0.24
-4%
|
0.3
+25%
|
0.27
-10%
|
0.17
-37%
|
0.13
-24%
|
0.01
-92%
|
-0.92
N/A
|
-0.78
+15%
|
-0.79
-1%
|
-0.7
+11%
|
0.1
N/A
|
0.11
+10%
|
0.11
N/A
|
0.1
-9%
|
-0.33
N/A
|
-0.33
N/A
|
-0.33
N/A
|
-0.34
-3%
|
0.08
N/A
|
0.03
-63%
|
0.03
N/A
|
0.04
+33%
|
0.1
+150%
|
0.16
+60%
|
0.14
-13%
|
0.17
+21%
|
0.15
-12%
|
0.16
+7%
|
0.17
+6%
|
0.19
+12%
|
0.22
+16%
|
0.22
N/A
|
0.26
+18%
|
0.3
+15%
|