Guangzhou Seagull Kitchen and Bath Products Co Ltd
SZSE:002084
Income Statement
Earnings Waterfall
Guangzhou Seagull Kitchen and Bath Products Co Ltd
Revenue
|
2.9B
CNY
|
Cost of Revenue
|
-2.4B
CNY
|
Gross Profit
|
451.8m
CNY
|
Operating Expenses
|
-475.9m
CNY
|
Operating Income
|
-24.1m
CNY
|
Other Expenses
|
-13.1m
CNY
|
Net Income
|
-37.3m
CNY
|
Income Statement
Guangzhou Seagull Kitchen and Bath Products 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 |
1 643
N/A
|
1 676
+2%
|
1 669
0%
|
1 633
-2%
|
1 635
+0%
|
1 650
+1%
|
1 691
+2%
|
1 705
+1%
|
1 725
+1%
|
1 715
-1%
|
1 700
-1%
|
1 702
+0%
|
1 738
+2%
|
1 787
+3%
|
1 859
+4%
|
1 947
+5%
|
2 007
+3%
|
2 071
+3%
|
2 109
+2%
|
2 142
+2%
|
2 132
0%
|
2 225
+4%
|
2 271
+2%
|
2 371
+4%
|
2 482
+5%
|
2 569
+4%
|
2 475
-4%
|
2 697
+9%
|
3 054
+13%
|
3 340
+9%
|
3 681
+10%
|
4 003
+9%
|
4 076
+2%
|
4 126
+1%
|
4 103
-1%
|
3 912
-5%
|
3 639
-7%
|
3 295
-9%
|
3 105
-6%
|
2 902
-7%
|
2 885
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 281)
|
(1 301)
|
(1 293)
|
(1 253)
|
(1 254)
|
(1 235)
|
(1 284)
|
(1 307)
|
(1 332)
|
(1 357)
|
(1 358)
|
(1 375)
|
(1 381)
|
(1 399)
|
(1 466)
|
(1 523)
|
(1 575)
|
(1 628)
|
(1 675)
|
(1 721)
|
(1 748)
|
(1 795)
|
(1 835)
|
(1 874)
|
(1 924)
|
(1 949)
|
(1 912)
|
(2 064)
|
(2 329)
|
(2 552)
|
(2 798)
|
(3 082)
|
(3 197)
|
(3 385)
|
(3 447)
|
(3 349)
|
(3 152)
|
(2 789)
|
(2 635)
|
(2 462)
|
(2 434)
|
|
Gross Profit |
362
N/A
|
374
+3%
|
377
+1%
|
381
+1%
|
381
N/A
|
415
+9%
|
407
-2%
|
397
-2%
|
394
-1%
|
358
-9%
|
342
-4%
|
327
-4%
|
357
+9%
|
388
+8%
|
394
+2%
|
425
+8%
|
432
+2%
|
443
+3%
|
435
-2%
|
421
-3%
|
384
-9%
|
429
+12%
|
436
+2%
|
496
+14%
|
558
+13%
|
621
+11%
|
563
-9%
|
633
+12%
|
726
+15%
|
789
+9%
|
883
+12%
|
920
+4%
|
879
-5%
|
740
-16%
|
655
-11%
|
563
-14%
|
487
-14%
|
506
+4%
|
470
-7%
|
440
-6%
|
452
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(297)
|
(302)
|
(296)
|
(294)
|
(296)
|
(327)
|
(319)
|
(316)
|
(305)
|
(298)
|
(274)
|
(273)
|
(285)
|
(326)
|
(322)
|
(317)
|
(324)
|
(303)
|
(284)
|
(301)
|
(306)
|
(360)
|
(361)
|
(375)
|
(380)
|
(444)
|
(413)
|
(454)
|
(517)
|
(538)
|
(580)
|
(635)
|
(628)
|
(700)
|
(670)
|
(599)
|
(560)
|
(503)
|
(457)
|
(463)
|
(476)
|
|
Selling, General & Administrative |
(286)
|
(218)
|
(291)
|
(292)
|
(295)
|
(240)
|
(322)
|
(319)
|
(311)
|
(219)
|
(267)
|
(271)
|
(277)
|
(228)
|
(304)
|
(260)
|
(244)
|
(215)
|
(219)
|
(273)
|
(276)
|
(240)
|
(289)
|
(274)
|
(290)
|
(314)
|
(314)
|
(359)
|
(413)
|
(411)
|
(470)
|
(511)
|
(509)
|
(532)
|
(538)
|
(484)
|
(444)
|
(357)
|
(363)
|
(363)
|
(374)
|
|
Research & Development |
0
|
(69)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(80)
|
0
|
0
|
(23)
|
(83)
|
0
|
0
|
(43)
|
(88)
|
(71)
|
(99)
|
(98)
|
(97)
|
(103)
|
(103)
|
(113)
|
(107)
|
(120)
|
(127)
|
(126)
|
(129)
|
(134)
|
(129)
|
(131)
|
(100)
|
(101)
|
(101)
|
(92)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(11)
|
(6)
|
(6)
|
(2)
|
(1)
|
(6)
|
3
|
3
|
6
|
(6)
|
(7)
|
(3)
|
(8)
|
(6)
|
(19)
|
(56)
|
(57)
|
8
|
(64)
|
(28)
|
13
|
(3)
|
0
|
(2)
|
8
|
(2)
|
4
|
7
|
8
|
11
|
10
|
4
|
7
|
(2)
|
1
|
14
|
14
|
(8)
|
7
|
0
|
(10)
|
|
Operating Income |
65
N/A
|
73
+12%
|
80
+11%
|
87
+8%
|
85
-2%
|
87
+3%
|
88
+1%
|
81
-8%
|
88
+9%
|
59
-33%
|
68
+15%
|
54
-20%
|
72
+33%
|
62
-15%
|
72
+16%
|
108
+51%
|
108
0%
|
140
+30%
|
151
+8%
|
120
-21%
|
78
-35%
|
70
-11%
|
76
+8%
|
122
+61%
|
179
+47%
|
176
-1%
|
150
-15%
|
179
+19%
|
209
+16%
|
251
+20%
|
303
+21%
|
286
-6%
|
251
-12%
|
40
-84%
|
(15)
N/A
|
(36)
-140%
|
(74)
-106%
|
3
N/A
|
14
+326%
|
(23)
N/A
|
(24)
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(28)
|
(26)
|
(38)
|
(42)
|
(39)
|
(43)
|
(42)
|
(33)
|
(27)
|
(26)
|
(28)
|
(11)
|
(14)
|
31
|
19
|
(7)
|
(28)
|
(32)
|
(37)
|
(22)
|
2
|
(37)
|
(46)
|
(51)
|
(48)
|
(24)
|
(29)
|
(38)
|
(59)
|
(58)
|
(66)
|
(54)
|
(52)
|
(42)
|
(46)
|
(24)
|
31
|
20
|
7
|
9
|
(45)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
2
|
2
|
2
|
2
|
0
|
8
|
(0)
|
(0)
|
(0)
|
(4)
|
(0)
|
(0)
|
(0)
|
(2)
|
0
|
(0)
|
(0)
|
68
|
77
|
77
|
77
|
5
|
6
|
7
|
7
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(2)
|
(2)
|
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 |
7
|
6
|
5
|
5
|
4
|
3
|
3
|
3
|
6
|
22
|
23
|
24
|
23
|
9
|
13
|
7
|
8
|
(0)
|
3
|
15
|
3
|
8
|
(1)
|
(10)
|
(4)
|
2
|
(1)
|
(2)
|
0
|
3
|
3
|
(0)
|
(1)
|
5
|
1
|
4
|
6
|
5
|
4
|
6
|
5
|
|
Pre-Tax Income |
43
N/A
|
52
+20%
|
47
-9%
|
49
+5%
|
50
+1%
|
47
-6%
|
49
+4%
|
51
+4%
|
67
+32%
|
55
-18%
|
63
+15%
|
67
+6%
|
82
+22%
|
93
+14%
|
102
+9%
|
108
+6%
|
90
-17%
|
110
+22%
|
118
+8%
|
115
-3%
|
83
-28%
|
49
-42%
|
28
-42%
|
60
+113%
|
126
+110%
|
151
+20%
|
120
-21%
|
139
+16%
|
150
+7%
|
193
+29%
|
239
+24%
|
231
-3%
|
198
-14%
|
72
-64%
|
18
-76%
|
22
+23%
|
39
+83%
|
33
-17%
|
31
-5%
|
(1)
N/A
|
(57)
-5 852%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(11)
|
(8)
|
(7)
|
(5)
|
(3)
|
(4)
|
(6)
|
(6)
|
(8)
|
(10)
|
(11)
|
(14)
|
(6)
|
(6)
|
(4)
|
(1)
|
(13)
|
(16)
|
(19)
|
(19)
|
(7)
|
(5)
|
(4)
|
(10)
|
(16)
|
(13)
|
(14)
|
(15)
|
(21)
|
(24)
|
(22)
|
(20)
|
(28)
|
(24)
|
(26)
|
(29)
|
(9)
|
(11)
|
(8)
|
1
|
|
Income from Continuing Operations |
34
|
41
|
39
|
43
|
45
|
44
|
45
|
45
|
61
|
47
|
53
|
56
|
68
|
87
|
96
|
104
|
89
|
97
|
102
|
96
|
64
|
42
|
24
|
56
|
117
|
135
|
107
|
125
|
135
|
172
|
215
|
209
|
179
|
44
|
(6)
|
(4)
|
11
|
24
|
20
|
(9)
|
(56)
|
|
Income to Minority Interest |
2
|
(0)
|
(1)
|
(2)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(4)
|
(2)
|
(3)
|
(3)
|
(2)
|
(5)
|
(5)
|
(4)
|
(2)
|
0
|
1
|
0
|
(1)
|
(4)
|
(2)
|
(8)
|
(15)
|
(20)
|
(18)
|
(16)
|
(8)
|
42
|
48
|
51
|
52
|
24
|
18
|
20
|
19
|
|
Net Income (Common) |
36
N/A
|
40
+13%
|
38
-6%
|
41
+8%
|
41
+1%
|
41
0%
|
42
+3%
|
44
+4%
|
60
+37%
|
46
-24%
|
52
+14%
|
53
+1%
|
64
+21%
|
85
+33%
|
94
+10%
|
102
+9%
|
87
-15%
|
92
+6%
|
97
+6%
|
93
-5%
|
62
-33%
|
42
-33%
|
25
-41%
|
56
+128%
|
116
+106%
|
131
+13%
|
105
-20%
|
118
+12%
|
119
+2%
|
152
+27%
|
197
+30%
|
193
-2%
|
171
-12%
|
86
-50%
|
42
-51%
|
47
+12%
|
63
+35%
|
47
-25%
|
38
-19%
|
11
-71%
|
(37)
N/A
|
|
EPS (Diluted) |
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.09
+13%
|
0.09
N/A
|
0.08
-11%
|
0.09
+13%
|
0.09
N/A
|
0.12
+33%
|
0.09
-25%
|
0.1
+11%
|
0.1
N/A
|
0.11
+10%
|
0.15
+36%
|
0.17
+13%
|
0.18
+6%
|
0.15
-17%
|
0.15
N/A
|
0.16
+7%
|
0.15
-6%
|
0.1
-33%
|
0.07
-30%
|
0.04
-43%
|
0.09
+125%
|
0.19
+111%
|
0.21
+11%
|
0.17
-19%
|
0.19
+12%
|
0.19
N/A
|
0.26
+37%
|
0.33
+27%
|
0.29
-12%
|
0.28
-3%
|
0.13
-54%
|
0.07
-46%
|
0.07
N/A
|
0.09
+29%
|
0.07
-22%
|
0.05
-29%
|
0.01
-80%
|
-0.06
N/A
|