Hongbo Co Ltd
SZSE:002229
Income Statement
Earnings Waterfall
Hongbo Co Ltd
Revenue
|
630.7m
CNY
|
Cost of Revenue
|
-490.1m
CNY
|
Gross Profit
|
140.6m
CNY
|
Operating Expenses
|
-166.6m
CNY
|
Operating Income
|
-26.1m
CNY
|
Other Expenses
|
-35.2m
CNY
|
Net Income
|
-61.3m
CNY
|
Income Statement
Hongbo Co Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
708
N/A
|
678
-4%
|
774
+14%
|
864
+12%
|
885
+2%
|
825
-7%
|
729
-12%
|
661
-9%
|
668
+1%
|
733
+10%
|
790
+8%
|
846
+7%
|
795
-6%
|
747
-6%
|
726
-3%
|
695
-4%
|
718
+3%
|
746
+4%
|
722
-3%
|
706
-2%
|
687
-3%
|
654
-5%
|
647
-1%
|
627
-3%
|
562
-10%
|
538
-4%
|
518
-4%
|
474
-9%
|
560
+18%
|
571
+2%
|
548
-4%
|
574
+5%
|
530
-8%
|
509
-4%
|
547
+7%
|
546
0%
|
571
+5%
|
606
+6%
|
633
+4%
|
620
-2%
|
631
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(452)
|
(438)
|
(531)
|
(659)
|
(693)
|
(647)
|
(560)
|
(506)
|
(501)
|
(538)
|
(572)
|
(596)
|
(572)
|
(561)
|
(564)
|
(533)
|
(547)
|
(572)
|
(559)
|
(558)
|
(553)
|
(511)
|
(491)
|
(467)
|
(423)
|
(404)
|
(391)
|
(368)
|
(409)
|
(419)
|
(424)
|
(432)
|
(426)
|
(421)
|
(442)
|
(438)
|
(468)
|
(483)
|
(491)
|
(466)
|
(490)
|
|
Gross Profit |
256
N/A
|
239
-7%
|
243
+1%
|
205
-15%
|
192
-7%
|
178
-7%
|
170
-5%
|
154
-9%
|
167
+8%
|
195
+17%
|
218
+12%
|
250
+15%
|
223
-11%
|
186
-16%
|
162
-13%
|
162
0%
|
171
+6%
|
174
+2%
|
162
-7%
|
147
-9%
|
135
-8%
|
144
+6%
|
156
+9%
|
160
+2%
|
139
-13%
|
133
-4%
|
128
-4%
|
106
-17%
|
151
+42%
|
152
+1%
|
124
-18%
|
142
+15%
|
105
-26%
|
87
-17%
|
105
+20%
|
107
+3%
|
102
-5%
|
123
+20%
|
141
+15%
|
154
+9%
|
141
-9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(187)
|
(185)
|
(194)
|
(175)
|
(169)
|
(172)
|
(173)
|
(180)
|
(189)
|
(211)
|
(214)
|
(189)
|
(178)
|
(152)
|
(145)
|
(145)
|
(149)
|
(149)
|
(139)
|
(148)
|
(135)
|
(134)
|
(135)
|
(139)
|
(133)
|
(126)
|
(122)
|
(124)
|
(151)
|
(153)
|
(159)
|
(132)
|
(130)
|
(148)
|
(149)
|
(146)
|
(148)
|
(142)
|
(143)
|
(170)
|
(167)
|
|
Selling, General & Administrative |
(137)
|
(141)
|
(144)
|
(145)
|
(155)
|
(162)
|
(164)
|
(143)
|
(183)
|
(187)
|
(190)
|
(147)
|
(172)
|
(167)
|
(157)
|
(128)
|
(149)
|
(147)
|
(137)
|
(128)
|
(127)
|
(117)
|
(120)
|
(119)
|
(116)
|
(110)
|
(110)
|
(101)
|
(98)
|
(102)
|
(106)
|
(106)
|
(105)
|
(119)
|
(119)
|
(116)
|
(125)
|
(120)
|
(119)
|
(136)
|
(139)
|
|
Research & Development |
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
(5)
|
(24)
|
0
|
0
|
(4)
|
(22)
|
(18)
|
(23)
|
(21)
|
(20)
|
(22)
|
(22)
|
(24)
|
(17)
|
(23)
|
(24)
|
(23)
|
(20)
|
(21)
|
(18)
|
(21)
|
(21)
|
(24)
|
(29)
|
(28)
|
(25)
|
(29)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(15)
|
0
|
|
Other Operating Expenses |
(50)
|
(43)
|
(49)
|
(3)
|
(14)
|
(10)
|
(9)
|
(4)
|
(6)
|
(24)
|
(24)
|
(0)
|
(5)
|
16
|
17
|
16
|
1
|
(2)
|
2
|
14
|
9
|
6
|
5
|
12
|
5
|
6
|
12
|
8
|
(29)
|
(26)
|
(30)
|
7
|
(4)
|
(11)
|
(9)
|
6
|
1
|
7
|
4
|
5
|
1
|
|
Operating Income |
69
N/A
|
55
-21%
|
49
-11%
|
30
-38%
|
22
-27%
|
6
-72%
|
(3)
N/A
|
(26)
-713%
|
(22)
+15%
|
(16)
+29%
|
4
N/A
|
61
+1 277%
|
45
-25%
|
35
-23%
|
17
-51%
|
17
-3%
|
23
+35%
|
26
+15%
|
24
-8%
|
(1)
N/A
|
(1)
N/A
|
9
N/A
|
21
+123%
|
21
-1%
|
6
-72%
|
7
+26%
|
6
-22%
|
(18)
N/A
|
(1)
+97%
|
(1)
-65%
|
(35)
-4 133%
|
11
N/A
|
(25)
N/A
|
(61)
-142%
|
(45)
+27%
|
(39)
+14%
|
(45)
-17%
|
(19)
+58%
|
(1)
+93%
|
(16)
-1 124%
|
(26)
-60%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(9)
|
(9)
|
(8)
|
(13)
|
(8)
|
(10)
|
35
|
30
|
26
|
28
|
(2)
|
2
|
8
|
18
|
17
|
20
|
23
|
21
|
16
|
16
|
14
|
8
|
44
|
42
|
82
|
89
|
97
|
98
|
60
|
59
|
20
|
16
|
8
|
8
|
(4)
|
(6)
|
(9)
|
(11)
|
(8)
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(4)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
0
|
0
|
0
|
(29)
|
(0)
|
(1)
|
(0)
|
(8)
|
(1)
|
(0)
|
2
|
(3)
|
2
|
1
|
(0)
|
(4)
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
9
|
18
|
15
|
12
|
12
|
6
|
8
|
9
|
8
|
6
|
6
|
7
|
11
|
9
|
5
|
(2)
|
(6)
|
(4)
|
(3)
|
4
|
3
|
3
|
3
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(0)
|
0
|
0
|
0
|
|
Pre-Tax Income |
70
N/A
|
64
-9%
|
54
-15%
|
34
-37%
|
21
-38%
|
5
-77%
|
(6)
N/A
|
18
N/A
|
15
-15%
|
16
+3%
|
37
+135%
|
65
+76%
|
57
-12%
|
51
-11%
|
40
-22%
|
28
-30%
|
37
+32%
|
44
+20%
|
42
-4%
|
18
-57%
|
18
-2%
|
26
+45%
|
31
+22%
|
61
+94%
|
48
-22%
|
89
+87%
|
95
+6%
|
51
-46%
|
97
+91%
|
59
-39%
|
24
-59%
|
23
-5%
|
(10)
N/A
|
(53)
-435%
|
(36)
+34%
|
(45)
-27%
|
(50)
-11%
|
(27)
+47%
|
(12)
+54%
|
(27)
-120%
|
(32)
-16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(16)
|
(14)
|
(12)
|
3
|
4
|
5
|
11
|
(1)
|
1
|
(0)
|
(5)
|
(24)
|
(25)
|
(23)
|
(21)
|
(15)
|
(18)
|
(18)
|
(17)
|
(4)
|
(4)
|
(6)
|
(8)
|
(11)
|
(7)
|
(12)
|
(13)
|
(12)
|
(19)
|
(13)
|
(8)
|
(1)
|
(0)
|
9
|
6
|
(12)
|
(12)
|
(17)
|
(20)
|
1
|
4
|
|
Income from Continuing Operations |
54
|
50
|
42
|
36
|
25
|
10
|
5
|
17
|
16
|
16
|
32
|
41
|
33
|
27
|
18
|
13
|
18
|
26
|
25
|
14
|
14
|
20
|
24
|
50
|
41
|
77
|
81
|
39
|
78
|
46
|
16
|
21
|
(10)
|
(44)
|
(29)
|
(57)
|
(62)
|
(43)
|
(33)
|
(26)
|
(28)
|
|
Income to Minority Interest |
(9)
|
(9)
|
(8)
|
(9)
|
(7)
|
(8)
|
(10)
|
(8)
|
(14)
|
(19)
|
(24)
|
(28)
|
(22)
|
(12)
|
(5)
|
(2)
|
(5)
|
(8)
|
(8)
|
(9)
|
(8)
|
(13)
|
(17)
|
(15)
|
(14)
|
(13)
|
(12)
|
(14)
|
(24)
|
(24)
|
(10)
|
(12)
|
(6)
|
(5)
|
(18)
|
(18)
|
(18)
|
(23)
|
(28)
|
(28)
|
(33)
|
|
Net Income (Common) |
45
N/A
|
41
-9%
|
34
-18%
|
28
-18%
|
18
-37%
|
2
-86%
|
(5)
N/A
|
9
N/A
|
3
-71%
|
(3)
N/A
|
9
N/A
|
13
+49%
|
11
-12%
|
15
+33%
|
13
-11%
|
11
-19%
|
13
+19%
|
18
+41%
|
17
-7%
|
5
-70%
|
7
+29%
|
7
+8%
|
6
-10%
|
35
+452%
|
27
-23%
|
64
+137%
|
69
+7%
|
26
-63%
|
54
+112%
|
22
-59%
|
6
-71%
|
9
+42%
|
(16)
N/A
|
(50)
-208%
|
(48)
+4%
|
(75)
-57%
|
(81)
-7%
|
(66)
+18%
|
(61)
+8%
|
(54)
+11%
|
(61)
-13%
|
|
EPS (Diluted) |
0.1
N/A
|
0.09
-10%
|
0.08
-11%
|
0.06
-25%
|
0.04
-33%
|
0
N/A
|
-0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
0.02
N/A
|
0.03
+50%
|
0.02
-33%
|
0.03
+50%
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.01
-67%
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.07
+600%
|
0.06
-14%
|
0.14
+133%
|
0.15
+7%
|
0.05
-67%
|
0.12
+140%
|
0.05
-58%
|
0.02
-60%
|
0.02
N/A
|
-0.03
N/A
|
-0.1
-233%
|
-0.1
N/A
|
-0.15
-50%
|
-0.16
-7%
|
-0.13
+19%
|
-0.12
+8%
|
-0.11
+8%
|
-0.12
-9%
|