Xiamen Hexing Packaging Printing Co Ltd
SZSE:002228
Income Statement
Earnings Waterfall
Xiamen Hexing Packaging Printing Co Ltd
Revenue
|
13B
CNY
|
Cost of Revenue
|
-11.7B
CNY
|
Gross Profit
|
1.3B
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
152.3m
CNY
|
Other Expenses
|
-45.9m
CNY
|
Net Income
|
106.4m
CNY
|
Income Statement
Xiamen Hexing Packaging Printing 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 |
2 389
N/A
|
2 442
+2%
|
2 500
+2%
|
2 613
+5%
|
2 666
+2%
|
2 716
+2%
|
2 702
-1%
|
2 743
+2%
|
2 774
+1%
|
2 852
+3%
|
3 029
+6%
|
3 076
+2%
|
3 230
+5%
|
3 542
+10%
|
3 925
+11%
|
4 475
+14%
|
5 342
+19%
|
8 748
+64%
|
10 257
+17%
|
12 049
+17%
|
13 604
+13%
|
12 166
-11%
|
12 385
+2%
|
11 807
-5%
|
11 281
-4%
|
11 097
-2%
|
10 151
-9%
|
10 376
+2%
|
10 917
+5%
|
12 007
+10%
|
13 824
+15%
|
15 456
+12%
|
16 603
+7%
|
17 549
+6%
|
17 709
+1%
|
17 458
-1%
|
16 646
-5%
|
15 375
-8%
|
14 443
-6%
|
13 489
-7%
|
12 987
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 948)
|
(1 953)
|
(2 006)
|
(2 087)
|
(2 128)
|
(2 156)
|
(2 152)
|
(2 185)
|
(2 225)
|
(2 290)
|
(2 468)
|
(2 534)
|
(2 672)
|
(2 941)
|
(3 308)
|
(3 798)
|
(4 598)
|
(7 494)
|
(8 904)
|
(10 526)
|
(11 900)
|
(10 640)
|
(10 901)
|
(10 370)
|
(9 870)
|
(9 651)
|
(8 877)
|
(9 045)
|
(9 533)
|
(10 642)
|
(12 377)
|
(14 016)
|
(15 214)
|
(16 045)
|
(16 297)
|
(16 093)
|
(15 336)
|
(14 023)
|
(13 178)
|
(12 209)
|
(11 670)
|
|
Gross Profit |
441
N/A
|
489
+11%
|
494
+1%
|
527
+6%
|
538
+2%
|
561
+4%
|
549
-2%
|
557
+1%
|
549
-2%
|
562
+2%
|
560
0%
|
541
-3%
|
557
+3%
|
601
+8%
|
616
+3%
|
678
+10%
|
744
+10%
|
1 253
+68%
|
1 353
+8%
|
1 524
+13%
|
1 704
+12%
|
1 526
-10%
|
1 484
-3%
|
1 437
-3%
|
1 412
-2%
|
1 446
+2%
|
1 274
-12%
|
1 331
+4%
|
1 383
+4%
|
1 364
-1%
|
1 447
+6%
|
1 440
0%
|
1 389
-4%
|
1 504
+8%
|
1 412
-6%
|
1 365
-3%
|
1 310
-4%
|
1 352
+3%
|
1 265
-6%
|
1 279
+1%
|
1 317
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(293)
|
(321)
|
(317)
|
(330)
|
(330)
|
(340)
|
(323)
|
(331)
|
(330)
|
(365)
|
(363)
|
(372)
|
(387)
|
(440)
|
(422)
|
(455)
|
(500)
|
(875)
|
(926)
|
(1 047)
|
(1 159)
|
(1 011)
|
(1 005)
|
(984)
|
(994)
|
(1 043)
|
(925)
|
(947)
|
(964)
|
(915)
|
(940)
|
(950)
|
(973)
|
(1 166)
|
(1 106)
|
(1 110)
|
(1 087)
|
(1 208)
|
(1 142)
|
(1 169)
|
(1 165)
|
|
Selling, General & Administrative |
(304)
|
(285)
|
(328)
|
(326)
|
(328)
|
(297)
|
(324)
|
(331)
|
(329)
|
(321)
|
(358)
|
(366)
|
(378)
|
(364)
|
(405)
|
(436)
|
(450)
|
(741)
|
(830)
|
(898)
|
(1 018)
|
(870)
|
(847)
|
(861)
|
(867)
|
(904)
|
(855)
|
(867)
|
(864)
|
(722)
|
(750)
|
(725)
|
(728)
|
(848)
|
(843)
|
(860)
|
(840)
|
(904)
|
(898)
|
(907)
|
(912)
|
|
Research & Development |
0
|
(16)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
(29)
|
(98)
|
(91)
|
(120)
|
(122)
|
(111)
|
(119)
|
(126)
|
(131)
|
(129)
|
(130)
|
(136)
|
(160)
|
(184)
|
(234)
|
(269)
|
(289)
|
(291)
|
(311)
|
(308)
|
(305)
|
(282)
|
(295)
|
(305)
|
(292)
|
|
Depreciation & Amortization |
0
|
(18)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
|
Other Operating Expenses |
10
|
(2)
|
11
|
(4)
|
(2)
|
(2)
|
1
|
(0)
|
(1)
|
(2)
|
(6)
|
(6)
|
(9)
|
(11)
|
(17)
|
(19)
|
(21)
|
11
|
(4)
|
(29)
|
(19)
|
18
|
(39)
|
3
|
4
|
45
|
60
|
55
|
61
|
53
|
44
|
44
|
44
|
43
|
48
|
57
|
59
|
50
|
51
|
42
|
40
|
|
Operating Income |
148
N/A
|
168
+14%
|
177
+6%
|
197
+11%
|
207
+5%
|
220
+6%
|
226
+3%
|
226
+0%
|
219
-3%
|
198
-9%
|
197
-1%
|
169
-14%
|
170
+0%
|
161
-5%
|
194
+21%
|
223
+15%
|
245
+10%
|
379
+55%
|
427
+13%
|
477
+12%
|
545
+14%
|
515
-5%
|
479
-7%
|
453
-5%
|
418
-8%
|
403
-4%
|
349
-13%
|
384
+10%
|
420
+9%
|
449
+7%
|
507
+13%
|
490
-3%
|
417
-15%
|
338
-19%
|
305
-10%
|
255
-16%
|
224
-12%
|
144
-36%
|
123
-15%
|
110
-10%
|
152
+38%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(47)
|
(51)
|
(49)
|
(55)
|
(58)
|
(58)
|
(60)
|
(59)
|
(50)
|
(44)
|
(45)
|
(40)
|
(45)
|
(35)
|
(43)
|
(46)
|
(51)
|
(113)
|
(129)
|
(137)
|
(151)
|
(104)
|
(117)
|
(113)
|
(100)
|
(70)
|
(46)
|
(38)
|
(43)
|
(73)
|
(79)
|
(100)
|
(109)
|
(102)
|
(106)
|
(95)
|
(77)
|
(81)
|
(72)
|
(66)
|
(73)
|
|
Non-Reccuring Items |
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
8
|
8
|
8
|
(8)
|
0
|
(1)
|
(4)
|
(59)
|
(2)
|
1
|
5
|
29
|
(1)
|
(2)
|
(3)
|
(5)
|
0
|
(2)
|
(4)
|
(5)
|
(3)
|
1
|
2
|
2
|
(1)
|
2
|
(0)
|
|
Gain/Loss on Disposition of Assets |
(0)
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
8
|
3
|
6
|
5
|
6
|
7
|
6
|
8
|
9
|
5
|
16
|
18
|
16
|
23
|
13
|
11
|
15
|
5
|
1
|
1
|
(7)
|
4
|
1
|
(2)
|
0
|
(3)
|
7
|
14
|
14
|
16
|
2
|
12
|
11
|
12
|
8
|
(9)
|
(11)
|
(4)
|
(6)
|
(6)
|
(17)
|
|
Pre-Tax Income |
109
N/A
|
127
+17%
|
134
+5%
|
146
+9%
|
156
+7%
|
169
+9%
|
172
+2%
|
175
+2%
|
177
+1%
|
160
-10%
|
169
+5%
|
147
-13%
|
142
-3%
|
157
+11%
|
172
+9%
|
195
+13%
|
216
+11%
|
262
+21%
|
299
+14%
|
340
+13%
|
383
+13%
|
356
-7%
|
361
+1%
|
340
-6%
|
322
-5%
|
359
+11%
|
310
-14%
|
358
+16%
|
387
+8%
|
388
+0%
|
430
+11%
|
400
-7%
|
315
-21%
|
244
-23%
|
204
-16%
|
152
-26%
|
137
-10%
|
61
-56%
|
44
-27%
|
39
-12%
|
63
+61%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(16)
|
(26)
|
(26)
|
(26)
|
(31)
|
(37)
|
(39)
|
(41)
|
(41)
|
(37)
|
(40)
|
(35)
|
(35)
|
(32)
|
(36)
|
(40)
|
(43)
|
(72)
|
(78)
|
(90)
|
(99)
|
(71)
|
(71)
|
(58)
|
(47)
|
(68)
|
(54)
|
(61)
|
(68)
|
(60)
|
(70)
|
(55)
|
(13)
|
(12)
|
(3)
|
4
|
(1)
|
49
|
53
|
46
|
28
|
|
Income from Continuing Operations |
92
|
102
|
108
|
120
|
125
|
132
|
133
|
134
|
136
|
123
|
129
|
111
|
106
|
125
|
136
|
155
|
173
|
190
|
221
|
250
|
284
|
285
|
290
|
282
|
275
|
290
|
256
|
297
|
320
|
327
|
361
|
345
|
302
|
232
|
201
|
155
|
136
|
110
|
97
|
85
|
91
|
|
Income to Minority Interest |
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(8)
|
(8)
|
(8)
|
(8)
|
(12)
|
(12)
|
(15)
|
(22)
|
(25)
|
(32)
|
(37)
|
(48)
|
(52)
|
(59)
|
(63)
|
(52)
|
(47)
|
(35)
|
(30)
|
(24)
|
(21)
|
(26)
|
(29)
|
(37)
|
(46)
|
(42)
|
(25)
|
(13)
|
8
|
19
|
23
|
23
|
15
|
20
|
16
|
|
Net Income (Common) |
86
N/A
|
95
+11%
|
101
+6%
|
113
+12%
|
119
+5%
|
126
+6%
|
126
0%
|
126
+0%
|
128
+1%
|
115
-10%
|
117
+2%
|
99
-15%
|
92
-8%
|
103
+12%
|
111
+8%
|
123
+11%
|
136
+10%
|
142
+4%
|
169
+19%
|
191
+13%
|
221
+16%
|
233
+5%
|
243
+4%
|
246
+1%
|
245
0%
|
267
+9%
|
235
-12%
|
271
+15%
|
290
+7%
|
290
0%
|
314
+8%
|
303
-4%
|
277
-9%
|
218
-21%
|
210
-4%
|
174
-17%
|
159
-9%
|
132
-17%
|
112
-15%
|
105
-6%
|
106
+1%
|
|
EPS (Diluted) |
0.08
N/A
|
0.1
+25%
|
0.1
N/A
|
0.12
+20%
|
0.13
+8%
|
0.13
N/A
|
0.14
+8%
|
0.1
-29%
|
0.13
+30%
|
0.11
-15%
|
0.11
N/A
|
0.1
-9%
|
0.09
-10%
|
0.1
+11%
|
0.11
+10%
|
0.11
N/A
|
0.12
+9%
|
0.13
+8%
|
0.14
+8%
|
0.16
+14%
|
0.18
+13%
|
0.2
+11%
|
0.2
N/A
|
0.21
+5%
|
0.21
N/A
|
0.23
+10%
|
0.2
-13%
|
0.23
+15%
|
0.21
-9%
|
0.24
+14%
|
0.26
+8%
|
0.24
-8%
|
0.25
+4%
|
0.18
-28%
|
0.17
-6%
|
0.15
-12%
|
0.13
-13%
|
0.11
-15%
|
0.1
-9%
|
0.08
-20%
|
0.11
+38%
|