Shandong Sun Paper Co Ltd
SZSE:002078

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Shandong Sun Paper Co Ltd Logo
Shandong Sun Paper Co Ltd
SZSE:002078
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Price: 14.75 CNY -2.19% Market Closed
Market Cap: 41.2B CNY

Income Statement

Earnings Waterfall
Shandong Sun Paper Co Ltd

Revenue
38.7B CNY
Cost of Revenue
-32.9B CNY
Gross Profit
5.8B CNY
Operating Expenses
-1.6B CNY
Operating Income
4.2B CNY
Other Expenses
-1.1B CNY
Net Income
3.1B CNY

Income Statement
Shandong Sun Paper Co Ltd

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Income Statement
Currency: CNY
Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 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 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
195
0
0
0
183
0
0
0
293
0
0
0
186
0
0
0
299
0
0
0
582
0
0
0
674
0
0
0
539
0
0
0
525
0
0
0
488
0
0
0
509
0
0
160
571
0
0
333
663
455
589
528
556
549
547
516
525
547
567
590
602
582
637
674
737
784
752
722
667
645
628
626
600
563
0
0
Revenue
5 415
N/A
5 064
-6%
4 929
-3%
4 487
-9%
5 083
+13%
5 362
+5%
5 962
+11%
6 045
+1%
5 799
-4%
5 527
-5%
5 379
-3%
5 317
-1%
5 961
+12%
6 341
+6%
6 828
+8%
7 539
+10%
8 037
+7%
8 411
+5%
8 504
+1%
8 512
+0%
8 762
+3%
9 617
+10%
10 035
+4%
10 303
+3%
10 409
+1%
10 341
-1%
10 709
+4%
10 932
+2%
10 895
0%
10 594
-3%
10 594
0%
10 449
-1%
10 458
+0%
10 392
-1%
10 347
0%
10 521
+2%
10 825
+3%
11 198
+3%
12 191
+9%
13 096
+7%
14 455
+10%
15 974
+11%
16 592
+4%
17 961
+8%
18 894
+5%
19 525
+3%
20 671
+6%
21 298
+3%
21 768
+2%
22 178
+2%
22 071
0%
22 060
0%
22 763
+3%
22 864
+0%
22 415
-2%
22 000
-2%
21 589
-2%
23 680
+10%
26 974
+14%
29 665
+10%
32 159
+8%
34 021
+6%
36 038
+6%
37 922
+5%
39 767
+5%
39 905
+0%
39 254
-2%
39 329
+0%
39 544
+1%
39 924
+1%
40 726
+2%
41 317
+1%
40 727
-1%
40 439
-1%
39 316
-3%
38 687
-2%
Gross Profit
Cost of Revenue
(4 532)
(4 264)
(4 165)
(3 707)
(4 237)
(4 386)
(4 887)
(4 903)
(4 945)
(4 841)
(4 660)
(4 600)
(4 857)
(4 992)
(5 374)
(6 017)
(6 483)
(6 833)
(6 977)
(6 956)
(7 349)
(8 262)
(8 706)
(9 022)
(9 002)
(8 854)
(9 142)
(9 300)
(9 053)
(8 696)
(8 651)
(8 384)
(8 368)
(8 248)
(8 153)
(8 208)
(8 295)
(8 723)
(9 556)
(10 273)
(11 289)
(12 470)
(12 684)
(13 693)
(13 985)
(14 397)
(15 254)
(15 822)
(16 692)
(17 622)
(17 779)
(17 726)
(17 701)
(17 453)
(17 054)
(16 799)
(17 451)
(19 169)
(21 768)
(24 506)
(26 654)
(29 043)
(30 966)
(32 563)
(33 772)
(34 094)
(33 834)
(33 705)
(33 275)
(33 352)
(33 916)
(34 691)
(34 214)
(34 397)
(33 463)
(32 917)
Gross Profit
883
N/A
800
-9%
764
-5%
781
+2%
846
+8%
976
+15%
1 075
+10%
1 142
+6%
854
-25%
686
-20%
718
+5%
717
0%
1 104
+54%
1 349
+22%
1 454
+8%
1 522
+5%
1 554
+2%
1 578
+2%
1 528
-3%
1 556
+2%
1 414
-9%
1 355
-4%
1 330
-2%
1 281
-4%
1 406
+10%
1 487
+6%
1 567
+5%
1 633
+4%
1 843
+13%
1 898
+3%
1 943
+2%
2 064
+6%
2 090
+1%
2 144
+3%
2 194
+2%
2 313
+5%
2 530
+9%
2 475
-2%
2 635
+6%
2 823
+7%
3 166
+12%
3 504
+11%
3 909
+12%
4 268
+9%
4 909
+15%
5 128
+4%
5 418
+6%
5 476
+1%
5 076
-7%
4 556
-10%
4 292
-6%
4 334
+1%
5 062
+17%
5 411
+7%
5 361
-1%
5 201
-3%
4 137
-20%
4 511
+9%
5 205
+15%
5 159
-1%
5 505
+7%
4 977
-10%
5 073
+2%
5 359
+6%
5 995
+12%
5 810
-3%
5 420
-7%
5 624
+4%
6 269
+11%
6 573
+5%
6 810
+4%
6 626
-3%
6 512
-2%
6 042
-7%
5 853
-3%
5 771
-1%
Operating Income
Operating Expenses
(355)
(307)
(310)
(295)
(304)
(304)
(333)
(335)
(463)
(353)
(456)
(470)
(391)
(496)
(438)
(451)
(501)
(513)
(457)
(483)
(610)
(603)
(665)
(666)
(677)
(683)
(719)
(763)
(858)
(784)
(795)
(860)
(854)
(846)
(865)
(854)
(960)
(891)
(924)
(966)
(1 211)
(1 111)
(1 198)
(1 250)
(1 415)
(1 303)
(1 276)
(1 415)
(1 710)
(1 651)
(1 690)
(1 701)
(2 035)
(2 149)
(2 254)
(2 272)
(1 315)
(926)
(745)
(609)
(1 646)
(1 684)
(1 918)
(2 094)
(2 145)
(2 039)
(2 052)
(2 027)
(2 258)
(2 034)
(2 013)
(1 942)
(2 070)
(1 706)
(1 586)
(1 572)
Selling, General & Administrative
(324)
(290)
(299)
(284)
(292)
(308)
(322)
(324)
(343)
(350)
(364)
(376)
(386)
(396)
(410)
(425)
(438)
(461)
(447)
(458)
(481)
(509)
(553)
(568)
(556)
(624)
(669)
(702)
(744)
(772)
(783)
(861)
(611)
(844)
(869)
(844)
(710)
(880)
(910)
(964)
(1 010)
(1 091)
(1 077)
(1 067)
(1 180)
(1 109)
(1 132)
(1 237)
(1 336)
(1 339)
(1 397)
(1 396)
(1 503)
(1 649)
(1 681)
(1 727)
(676)
(519)
(353)
(185)
(943)
(1 043)
(1 165)
(1 224)
(1 168)
(1 208)
(1 163)
(1 121)
(1 110)
(1 126)
(1 180)
(1 185)
(1 116)
(1 157)
(1 101)
(1 111)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(22)
0
0
0
(33)
0
0
0
(155)
0
0
0
(145)
0
0
0
(101)
0
0
(41)
(136)
0
0
(118)
(246)
(262)
(359)
(394)
(380)
(456)
(459)
(453)
(392)
(373)
(387)
(400)
(514)
(653)
(777)
(874)
(753)
(811)
(856)
(897)
(891)
(932)
(866)
(796)
(728)
(633)
(555)
(548)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(49)
0
0
0
(54)
0
0
0
(58)
0
0
0
(66)
0
0
0
(72)
0
0
0
(84)
0
0
0
(112)
0
0
0
(150)
0
0
0
(236)
0
0
0
(179)
0
0
0
(230)
0
0
0
(268)
0
0
0
(297)
0
0
0
Other Operating Expenses
(31)
(17)
(11)
(11)
(12)
4
(11)
(11)
(120)
(4)
(92)
(93)
(6)
(101)
(28)
(26)
(63)
(52)
(11)
(26)
(130)
(94)
(112)
(98)
(50)
(59)
(50)
(62)
(28)
(11)
(13)
1
(30)
(2)
3
(10)
(39)
(11)
(14)
(2)
(26)
(21)
(121)
(142)
(15)
(194)
(144)
(60)
(16)
(50)
66
89
(1)
(44)
(114)
(93)
(10)
(33)
(6)
(23)
(9)
12
24
4
6
(19)
(32)
(8)
11
24
33
39
71
83
70
87
Operating Income
528
N/A
493
-7%
453
-8%
486
+7%
542
+12%
672
+24%
742
+11%
807
+9%
391
-52%
332
-15%
262
-21%
248
-6%
713
+188%
852
+20%
1 016
+19%
1 072
+6%
1 053
-2%
1 065
+1%
1 070
+0%
1 073
+0%
803
-25%
752
-6%
665
-12%
615
-7%
730
+19%
804
+10%
848
+5%
869
+3%
984
+13%
1 114
+13%
1 147
+3%
1 204
+5%
1 236
+3%
1 298
+5%
1 328
+2%
1 459
+10%
1 570
+8%
1 584
+1%
1 711
+8%
1 857
+9%
1 956
+5%
2 393
+22%
2 711
+13%
3 018
+11%
3 495
+16%
3 824
+9%
4 142
+8%
4 062
-2%
3 367
-17%
2 905
-14%
2 602
-10%
2 633
+1%
3 027
+15%
3 263
+8%
3 107
-5%
2 929
-6%
2 823
-4%
3 585
+27%
4 460
+24%
4 549
+2%
3 860
-15%
3 293
-15%
3 155
-4%
3 265
+3%
3 849
+18%
3 771
-2%
3 368
-11%
3 598
+7%
4 011
+11%
4 538
+13%
4 797
+6%
4 684
-2%
4 442
-5%
4 336
-2%
4 267
-2%
4 198
-2%
Pre-Tax Income
Interest Income Expense
(170)
(154)
(134)
(121)
(109)
(148)
(163)
(223)
(356)
(365)
(337)
(240)
(5)
6
(36)
(98)
(191)
(260)
(289)
(344)
(450)
(561)
(650)
(676)
(615)
(614)
(570)
(572)
(482)
(568)
(597)
(592)
(568)
(624)
(588)
(722)
(538)
(665)
(688)
(546)
(503)
(531)
(530)
(550)
(557)
(593)
(647)
(693)
(671)
(706)
(653)
(573)
(515)
(535)
(523)
(513)
(493)
(548)
(563)
(597)
(492)
(506)
(597)
(691)
(782)
(881)
(888)
(814)
(662)
(710)
(662)
(607)
(659)
(640)
(554)
(527)
Non-Reccuring Items
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
(22)
0
0
0
0
0
0
0
(146)
0
0
0
(6)
(5)
(8)
0
(1)
11
14
13
(7)
0
(7)
(9)
(9)
0
(7)
(4)
(8)
(7)
(7)
(7)
(57)
1
1
2
(37)
(8)
(9)
1
(54)
(0)
(84)
(194)
(200)
(169)
(87)
11
Gain/Loss on Disposition of Assets
0
0
0
0
(10)
0
0
0
(17)
0
0
0
(79)
0
0
0
4
0
0
0
84
0
0
0
21
0
0
0
(57)
0
0
0
(22)
0
0
0
4
(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
0
0
0
0
0
0
0
0
0
Total Other Income
51
78
125
127
118
82
40
59
236
223
236
218
15
(62)
(57)
(50)
38
123
109
169
181
209
255
191
106
98
68
67
34
(0)
(13)
(16)
37
2
8
77
150
149
142
71
21
56
13
16
(5)
(37)
4
1
31
71
37
34
91
71
107
113
57
39
41
40
37
(31)
(32)
(22)
37
23
31
25
25
19
9
8
(1)
(32)
(34)
(42)
Pre-Tax Income
408
N/A
417
+2%
445
+7%
492
+10%
542
+10%
606
+12%
619
+2%
644
+4%
255
-60%
190
-26%
160
-16%
226
+41%
644
+185%
796
+24%
923
+16%
924
+0%
904
-2%
928
+3%
891
-4%
898
+1%
618
-31%
400
-35%
270
-32%
131
-52%
242
+85%
288
+19%
346
+20%
365
+5%
457
+25%
546
+19%
537
-2%
597
+11%
683
+15%
676
-1%
748
+11%
814
+9%
1 040
+28%
1 068
+3%
1 165
+9%
1 382
+19%
1 468
+6%
1 914
+30%
2 186
+14%
2 484
+14%
2 931
+18%
3 204
+9%
3 512
+10%
3 382
-4%
2 720
-20%
2 271
-17%
1 981
-13%
2 083
+5%
2 594
+25%
2 799
+8%
2 684
-4%
2 525
-6%
2 378
-6%
3 069
+29%
3 930
+28%
3 986
+1%
3 348
-16%
2 757
-18%
2 527
-8%
2 553
+1%
3 068
+20%
2 906
-5%
2 502
-14%
2 809
+12%
3 320
+18%
3 847
+16%
4 060
+6%
3 891
-4%
3 582
-8%
3 495
-2%
3 592
+3%
3 640
+1%
Net Income
Tax Provision
(44)
(55)
(44)
(56)
(70)
(65)
(61)
(58)
4
7
(11)
(4)
(53)
(72)
(90)
(124)
(151)
(152)
(146)
(151)
(55)
(49)
(4)
19
(22)
(31)
(77)
(90)
(139)
(163)
(134)
(140)
(136)
(125)
(163)
(175)
(285)
(295)
(317)
(372)
(310)
(420)
(444)
(521)
(681)
(748)
(878)
(846)
(477)
(335)
(190)
(148)
(396)
(444)
(442)
(433)
(410)
(527)
(666)
(634)
(409)
(226)
(137)
(92)
(251)
(196)
(88)
(116)
(219)
(356)
(452)
(470)
(471)
(454)
(461)
(492)
Income from Continuing Operations
364
362
401
436
471
540
558
586
259
196
149
222
591
724
833
801
753
776
744
747
563
351
267
150
219
257
269
274
318
383
403
457
547
552
586
639
755
773
849
1 010
1 158
1 494
1 743
1 963
2 250
2 457
2 634
2 536
2 242
1 936
1 791
1 935
2 198
2 354
2 243
2 092
1 968
2 541
3 264
3 351
2 939
2 531
2 389
2 461
2 817
2 710
2 414
2 694
3 101
3 491
3 608
3 421
3 111
3 040
3 131
3 149
Income to Minority Interest
(70)
(61)
(82)
(88)
(90)
(110)
(105)
(128)
(30)
(14)
7
6
(112)
(136)
(158)
(144)
(116)
(110)
(101)
(107)
(63)
(27)
(18)
(0)
(43)
(54)
(58)
(48)
(33)
(42)
(45)
(61)
(78)
(77)
(79)
(68)
(88)
(78)
(81)
(102)
(101)
(139)
(164)
(189)
(226)
(256)
(257)
(84)
(5)
66
105
(14)
(19)
(21)
(15)
(17)
(15)
(16)
(16)
(12)
(10)
(7)
(5)
(5)
(8)
(10)
(13)
(16)
(15)
(15)
(16)
(13)
(10)
(9)
(8)
(7)
Net Income (Common)
294
N/A
300
+2%
319
+6%
348
+9%
382
+10%
430
+13%
453
+5%
458
+1%
229
-50%
182
-20%
156
-14%
228
+46%
479
+110%
588
+23%
676
+15%
657
-3%
636
-3%
667
+5%
644
-3%
640
-1%
499
-22%
324
-35%
249
-23%
149
-40%
176
+18%
204
+16%
212
+4%
226
+7%
285
+26%
340
+19%
358
+5%
396
+11%
469
+18%
475
+1%
507
+7%
571
+13%
667
+17%
695
+4%
768
+10%
908
+18%
1 057
+16%
1 355
+28%
1 579
+17%
1 774
+12%
2 024
+14%
2 201
+9%
2 378
+8%
2 452
+3%
2 238
-9%
2 001
-11%
1 896
-5%
1 921
+1%
2 178
+13%
2 334
+7%
2 228
-5%
2 075
-7%
1 953
-6%
2 525
+29%
3 248
+29%
3 339
+3%
2 929
-12%
2 524
-14%
2 385
-6%
2 457
+3%
2 809
+14%
2 699
-4%
2 401
-11%
2 677
+12%
3 086
+15%
3 476
+13%
3 592
+3%
3 408
-5%
3 101
-9%
3 031
-2%
3 123
+3%
3 142
+1%
EPS (Diluted)
0.15
N/A
0.15
N/A
0.16
+7%
0.18
+13%
0.19
+6%
0.22
+16%
0.23
+5%
0.23
N/A
0.11
-52%
0.09
-18%
0.08
-11%
0.11
+38%
0.24
+118%
0.29
+21%
0.33
+14%
0.28
-15%
0.32
+14%
0.33
+3%
0.32
-3%
0.32
N/A
0.25
-22%
0.16
-36%
0.12
-25%
0.07
-42%
0.09
+29%
0.1
+11%
0.1
N/A
0.11
+10%
0.13
+18%
0.16
+23%
0.17
+6%
0.18
+6%
0.2
+11%
0.2
N/A
0.2
N/A
0.22
+10%
0.26
+18%
0.27
+4%
0.3
+11%
0.36
+20%
0.42
+17%
0.53
+26%
0.62
+17%
0.7
+13%
0.78
+11%
0.86
+10%
0.9
+5%
0.95
+6%
0.86
-9%
0.78
-9%
0.68
-13%
0.73
+7%
0.82
+12%
0.84
+2%
0.83
-1%
0.79
-5%
0.75
-5%
0.95
+27%
1.23
+29%
1.15
-7%
1.11
-3%
0.89
-20%
0.89
N/A
0.81
-9%
1.04
+28%
0.98
-6%
0.85
-13%
0.96
+13%
1.1
+15%
1.27
+15%
1.25
-2%
1.22
-2%
1.11
-9%
1.08
-3%
1.12
+4%
1.12
N/A