Luyang Energy-Saving Materials Co Ltd
SZSE:002088
Income Statement
Earnings Waterfall
Luyang Energy-Saving Materials Co Ltd
Revenue
|
3.3B
CNY
|
Cost of Revenue
|
-2.3B
CNY
|
Gross Profit
|
1B
CNY
|
Operating Expenses
|
-499m
CNY
|
Operating Income
|
535.4m
CNY
|
Other Expenses
|
-27.4m
CNY
|
Net Income
|
507.9m
CNY
|
Income Statement
Luyang Energy-Saving Materials 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 |
991
N/A
|
1 027
+4%
|
1 058
+3%
|
1 135
+7%
|
1 181
+4%
|
1 178
0%
|
1 166
-1%
|
1 119
-4%
|
1 108
-1%
|
1 133
+2%
|
1 152
+2%
|
1 145
-1%
|
1 179
+3%
|
1 190
+1%
|
1 222
+3%
|
1 337
+9%
|
1 472
+10%
|
1 596
+8%
|
1 637
+3%
|
1 702
+4%
|
1 724
+1%
|
1 842
+7%
|
1 991
+8%
|
2 113
+6%
|
2 093
-1%
|
2 147
+3%
|
2 026
-6%
|
1 999
-1%
|
2 168
+8%
|
2 326
+7%
|
2 602
+12%
|
2 887
+11%
|
3 103
+7%
|
3 164
+2%
|
3 205
+1%
|
3 309
+3%
|
3 333
+1%
|
3 370
+1%
|
3 384
+0%
|
3 335
-1%
|
3 296
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(696)
|
(716)
|
(745)
|
(806)
|
(841)
|
(833)
|
(830)
|
(791)
|
(786)
|
(800)
|
(829)
|
(821)
|
(827)
|
(799)
|
(844)
|
(903)
|
(965)
|
(1 006)
|
(1 004)
|
(1 009)
|
(1 036)
|
(1 070)
|
(1 193)
|
(1 293)
|
(1 266)
|
(1 284)
|
(1 239)
|
(1 223)
|
(1 320)
|
(1 485)
|
(1 697)
|
(1 906)
|
(2 095)
|
(2 066)
|
(2 135)
|
(2 203)
|
(2 241)
|
(2 264)
|
(2 330)
|
(2 313)
|
(2 261)
|
|
Gross Profit |
295
N/A
|
311
+5%
|
312
+1%
|
329
+5%
|
340
+3%
|
345
+1%
|
336
-3%
|
328
-3%
|
321
-2%
|
333
+4%
|
323
-3%
|
324
+0%
|
352
+9%
|
390
+11%
|
379
-3%
|
434
+15%
|
507
+17%
|
590
+16%
|
633
+7%
|
693
+10%
|
688
-1%
|
772
+12%
|
798
+3%
|
821
+3%
|
827
+1%
|
863
+4%
|
787
-9%
|
776
-1%
|
848
+9%
|
841
-1%
|
905
+8%
|
980
+8%
|
1 008
+3%
|
1 098
+9%
|
1 070
-3%
|
1 107
+3%
|
1 092
-1%
|
1 106
+1%
|
1 054
-5%
|
1 022
-3%
|
1 034
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(195)
|
(210)
|
(210)
|
(232)
|
(240)
|
(251)
|
(249)
|
(256)
|
(255)
|
(262)
|
(251)
|
(243)
|
(254)
|
(283)
|
(266)
|
(279)
|
(304)
|
(337)
|
(342)
|
(347)
|
(348)
|
(433)
|
(450)
|
(470)
|
(488)
|
(482)
|
(446)
|
(460)
|
(483)
|
(436)
|
(422)
|
(423)
|
(409)
|
(505)
|
(463)
|
(445)
|
(440)
|
(474)
|
(472)
|
(495)
|
(499)
|
|
Selling, General & Administrative |
(186)
|
(172)
|
(195)
|
(209)
|
(218)
|
(217)
|
(227)
|
(223)
|
(228)
|
(232)
|
(243)
|
(257)
|
(260)
|
(257)
|
(271)
|
(278)
|
(281)
|
(325)
|
(292)
|
(299)
|
(321)
|
(375)
|
(398)
|
(410)
|
(408)
|
(390)
|
(366)
|
(378)
|
(399)
|
(318)
|
(304)
|
(287)
|
(271)
|
(366)
|
(347)
|
(339)
|
(334)
|
(354)
|
(347)
|
(370)
|
(375)
|
|
Research & Development |
0
|
(23)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
(18)
|
(19)
|
0
|
0
|
(25)
|
(50)
|
(44)
|
(64)
|
(82)
|
(75)
|
(82)
|
(81)
|
(81)
|
(96)
|
(121)
|
(139)
|
(144)
|
(129)
|
(131)
|
(128)
|
(128)
|
(121)
|
(122)
|
(118)
|
(118)
|
|
Depreciation & Amortization |
0
|
(15)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(10)
|
(1)
|
(15)
|
(23)
|
(21)
|
(0)
|
(22)
|
(33)
|
(26)
|
(0)
|
(8)
|
14
|
6
|
(0)
|
6
|
(1)
|
(5)
|
22
|
(50)
|
(48)
|
(2)
|
10
|
(9)
|
4
|
2
|
4
|
2
|
(2)
|
(3)
|
2
|
3
|
3
|
6
|
12
|
15
|
23
|
23
|
23
|
(3)
|
(8)
|
(7)
|
|
Operating Income |
100
N/A
|
100
+1%
|
103
+2%
|
97
-5%
|
100
+3%
|
94
-7%
|
87
-7%
|
72
-17%
|
67
-7%
|
71
+7%
|
72
+1%
|
81
+12%
|
99
+22%
|
107
+8%
|
112
+5%
|
155
+39%
|
204
+31%
|
252
+24%
|
291
+15%
|
346
+19%
|
339
-2%
|
339
0%
|
348
+3%
|
351
+1%
|
340
-3%
|
381
+12%
|
341
-11%
|
316
-7%
|
365
+15%
|
405
+11%
|
483
+19%
|
557
+15%
|
599
+7%
|
593
-1%
|
607
+2%
|
662
+9%
|
652
-1%
|
632
-3%
|
582
-8%
|
527
-10%
|
535
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(12)
|
(11)
|
(11)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(9)
|
(6)
|
(2)
|
0
|
0
|
0
|
(4)
|
(3)
|
5
|
9
|
7
|
10
|
7
|
4
|
2
|
4
|
2
|
1
|
0
|
(0)
|
(3)
|
(3)
|
(3)
|
(7)
|
3
|
11
|
18
|
19
|
20
|
12
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(7)
|
(3)
|
(6)
|
(6)
|
(8)
|
0
|
(0)
|
0
|
(3)
|
0
|
0
|
0
|
13
|
15
|
15
|
15
|
(3)
|
0
|
(0)
|
(0)
|
2
|
26
|
26
|
25
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
6
|
9
|
8
|
8
|
5
|
5
|
7
|
13
|
17
|
8
|
11
|
12
|
14
|
28
|
29
|
19
|
13
|
5
|
3
|
2
|
3
|
3
|
2
|
9
|
10
|
10
|
10
|
6
|
5
|
8
|
14
|
17
|
18
|
16
|
7
|
7
|
6
|
7
|
8
|
5
|
4
|
|
Pre-Tax Income |
94
N/A
|
99
+6%
|
99
-1%
|
93
-6%
|
93
+0%
|
88
-6%
|
82
-7%
|
73
-12%
|
71
-2%
|
69
-3%
|
72
+4%
|
84
+17%
|
107
+27%
|
132
+24%
|
141
+7%
|
173
+23%
|
216
+25%
|
246
+14%
|
287
+17%
|
347
+21%
|
345
0%
|
340
-1%
|
360
+6%
|
367
+2%
|
353
-4%
|
390
+10%
|
355
-9%
|
325
-9%
|
371
+14%
|
426
+15%
|
511
+20%
|
586
+15%
|
628
+7%
|
602
-4%
|
608
+1%
|
672
+11%
|
670
0%
|
659
-2%
|
634
-4%
|
577
-9%
|
577
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(13)
|
(11)
|
(9)
|
(11)
|
(10)
|
(10)
|
(9)
|
(10)
|
(12)
|
(14)
|
(14)
|
(19)
|
(27)
|
(27)
|
(31)
|
(36)
|
(32)
|
(37)
|
(46)
|
(40)
|
(33)
|
(34)
|
(35)
|
(35)
|
(50)
|
(46)
|
(39)
|
(49)
|
(56)
|
(68)
|
(76)
|
(76)
|
(68)
|
(66)
|
(78)
|
(75)
|
(77)
|
(75)
|
(66)
|
(69)
|
|
Income from Continuing Operations |
84
|
87
|
87
|
84
|
82
|
79
|
73
|
63
|
61
|
58
|
58
|
70
|
88
|
105
|
114
|
142
|
180
|
214
|
250
|
300
|
305
|
307
|
326
|
332
|
318
|
340
|
310
|
285
|
322
|
370
|
443
|
510
|
552
|
534
|
542
|
594
|
595
|
582
|
559
|
512
|
508
|
|
Income to Minority Interest |
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
|
0
|
0
|
|
Net Income (Common) |
84
N/A
|
87
+3%
|
87
+1%
|
84
-3%
|
82
-2%
|
79
-4%
|
73
-7%
|
63
-13%
|
61
-3%
|
58
-6%
|
58
+1%
|
70
+20%
|
88
+25%
|
105
+20%
|
114
+9%
|
142
+24%
|
180
+27%
|
214
+19%
|
250
+17%
|
300
+20%
|
305
+1%
|
307
+1%
|
326
+6%
|
332
+2%
|
318
-4%
|
340
+7%
|
310
-9%
|
285
-8%
|
322
+13%
|
370
+15%
|
443
+20%
|
510
+15%
|
552
+8%
|
534
-3%
|
542
+1%
|
594
+10%
|
595
+0%
|
582
-2%
|
559
-4%
|
512
-9%
|
508
-1%
|
|
EPS (Diluted) |
0.23
N/A
|
0.25
+9%
|
0.25
N/A
|
0.25
N/A
|
0.25
N/A
|
0.22
-12%
|
0.22
N/A
|
0.19
-14%
|
0.18
-5%
|
0.16
-11%
|
0.17
+6%
|
0.2
+18%
|
0.25
+25%
|
0.3
+20%
|
0.33
+10%
|
0.41
+24%
|
0.52
+27%
|
0.61
+17%
|
0.71
+16%
|
0.85
+20%
|
0.86
+1%
|
0.88
+2%
|
0.92
+5%
|
0.94
+2%
|
0.9
-4%
|
0.96
+7%
|
0.87
-9%
|
0.79
-9%
|
0.89
+13%
|
1.03
+16%
|
1.23
+19%
|
1.02
-17%
|
1.1
+8%
|
1.06
-4%
|
1.08
+2%
|
1.18
+9%
|
1.18
N/A
|
1.15
-3%
|
1.1
-4%
|
1
-9%
|
1
N/A
|