Tianrun Industry Technology Co Ltd
SZSE:002283
Income Statement
Earnings Waterfall
Tianrun Industry Technology Co Ltd
Revenue
|
3.7B
CNY
|
Cost of Revenue
|
-2.9B
CNY
|
Gross Profit
|
884.9m
CNY
|
Operating Expenses
|
-497.1m
CNY
|
Operating Income
|
387.8m
CNY
|
Other Expenses
|
-35m
CNY
|
Net Income
|
352.8m
CNY
|
Income Statement
Tianrun Industry Technology 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 |
1 437
N/A
|
1 570
+9%
|
1 655
+5%
|
1 673
+1%
|
1 645
-2%
|
1 620
-2%
|
1 540
-5%
|
1 563
+2%
|
1 575
+1%
|
1 690
+7%
|
1 635
-3%
|
1 648
+1%
|
1 686
+2%
|
1 822
+8%
|
2 018
+11%
|
2 345
+16%
|
2 823
+20%
|
3 021
+7%
|
3 383
+12%
|
3 485
+3%
|
3 421
-2%
|
3 405
0%
|
3 540
+4%
|
3 479
-2%
|
3 430
-1%
|
3 603
+5%
|
3 508
-3%
|
3 731
+6%
|
4 213
+13%
|
4 428
+5%
|
5 081
+15%
|
5 447
+7%
|
5 229
-4%
|
4 721
-10%
|
4 078
-14%
|
3 268
-20%
|
3 038
-7%
|
3 136
+3%
|
3 191
+2%
|
3 603
+13%
|
3 741
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 125)
|
(1 231)
|
(1 296)
|
(1 305)
|
(1 280)
|
(1 249)
|
(1 197)
|
(1 208)
|
(1 199)
|
(1 257)
|
(1 208)
|
(1 195)
|
(1 219)
|
(1 302)
|
(1 463)
|
(1 748)
|
(2 117)
|
(2 213)
|
(2 540)
|
(2 628)
|
(2 584)
|
(2 529)
|
(2 648)
|
(2 583)
|
(2 539)
|
(2 662)
|
(2 620)
|
(2 776)
|
(3 161)
|
(3 339)
|
(3 891)
|
(4 217)
|
(4 056)
|
(3 583)
|
(3 121)
|
(2 495)
|
(2 359)
|
(2 475)
|
(2 542)
|
(2 822)
|
(2 856)
|
|
Gross Profit |
312
N/A
|
339
+9%
|
360
+6%
|
369
+3%
|
366
-1%
|
371
+1%
|
343
-7%
|
355
+4%
|
376
+6%
|
433
+15%
|
427
-2%
|
453
+6%
|
467
+3%
|
520
+11%
|
555
+7%
|
597
+8%
|
706
+18%
|
809
+15%
|
844
+4%
|
857
+2%
|
837
-2%
|
876
+5%
|
891
+2%
|
895
+0%
|
891
-1%
|
940
+6%
|
888
-6%
|
956
+8%
|
1 051
+10%
|
1 089
+4%
|
1 190
+9%
|
1 230
+3%
|
1 173
-5%
|
1 137
-3%
|
956
-16%
|
774
-19%
|
678
-12%
|
662
-2%
|
649
-2%
|
781
+20%
|
885
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(216)
|
(223)
|
(237)
|
(222)
|
(216)
|
(214)
|
(190)
|
(190)
|
(203)
|
(259)
|
(262)
|
(287)
|
(281)
|
(305)
|
(304)
|
(302)
|
(360)
|
(375)
|
(350)
|
(371)
|
(361)
|
(413)
|
(421)
|
(409)
|
(397)
|
(475)
|
(444)
|
(486)
|
(519)
|
(473)
|
(490)
|
(505)
|
(458)
|
(505)
|
(415)
|
(354)
|
(383)
|
(439)
|
(409)
|
(469)
|
(497)
|
|
Selling, General & Administrative |
(203)
|
(173)
|
(220)
|
(211)
|
(205)
|
(159)
|
(199)
|
(200)
|
(212)
|
(199)
|
(251)
|
(265)
|
(267)
|
(243)
|
(291)
|
(299)
|
(344)
|
(276)
|
(371)
|
(312)
|
(287)
|
(292)
|
(260)
|
(290)
|
(269)
|
(268)
|
(247)
|
(285)
|
(306)
|
(247)
|
(237)
|
(210)
|
(166)
|
(229)
|
(188)
|
(179)
|
(209)
|
(238)
|
(237)
|
(265)
|
(267)
|
|
Research & Development |
0
|
(31)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(99)
|
0
|
0
|
(33)
|
(130)
|
(103)
|
(153)
|
(171)
|
(191)
|
(240)
|
(238)
|
(228)
|
(196)
|
(253)
|
(274)
|
(283)
|
(240)
|
(252)
|
(221)
|
(215)
|
(153)
|
(192)
|
(219)
|
(241)
|
|
Depreciation & Amortization |
0
|
(18)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(13)
|
(1)
|
(18)
|
(11)
|
(11)
|
(1)
|
9
|
10
|
9
|
(0)
|
(11)
|
(23)
|
(14)
|
(0)
|
(14)
|
(4)
|
(16)
|
29
|
21
|
(59)
|
(41)
|
35
|
(58)
|
34
|
44
|
32
|
43
|
37
|
15
|
21
|
1
|
(21)
|
(10)
|
22
|
26
|
45
|
41
|
12
|
20
|
16
|
11
|
|
Operating Income |
96
N/A
|
116
+20%
|
122
+6%
|
146
+20%
|
150
+2%
|
157
+5%
|
153
-3%
|
165
+8%
|
173
+5%
|
175
+1%
|
165
-6%
|
166
+1%
|
186
+12%
|
215
+15%
|
251
+17%
|
295
+18%
|
346
+17%
|
434
+26%
|
494
+14%
|
486
-2%
|
476
-2%
|
463
-3%
|
471
+2%
|
486
+3%
|
494
+2%
|
466
-6%
|
444
-5%
|
470
+6%
|
533
+13%
|
616
+16%
|
701
+14%
|
726
+4%
|
715
-1%
|
632
-12%
|
541
-14%
|
419
-23%
|
296
-30%
|
223
-25%
|
240
+8%
|
312
+30%
|
388
+24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(15)
|
(12)
|
(18)
|
(16)
|
(23)
|
(23)
|
(28)
|
(28)
|
(17)
|
(24)
|
(11)
|
(15)
|
(20)
|
(19)
|
(26)
|
(34)
|
(39)
|
(51)
|
(49)
|
(50)
|
(56)
|
(46)
|
(50)
|
(48)
|
(41)
|
(32)
|
(27)
|
(22)
|
(32)
|
(20)
|
(23)
|
(20)
|
(16)
|
(23)
|
(19)
|
(16)
|
(1)
|
(7)
|
(3)
|
(2)
|
|
Non-Reccuring Items |
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
|
0
|
0
|
(9)
|
0
|
(0)
|
(0)
|
(8)
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
12
|
15
|
20
|
20
|
24
|
28
|
18
|
25
|
20
|
19
|
28
|
20
|
21
|
37
|
42
|
35
|
41
|
5
|
(16)
|
(11)
|
(21)
|
1
|
(9)
|
(18)
|
(20)
|
(3)
|
(23)
|
(17)
|
(16)
|
(7)
|
(6)
|
(5)
|
(8)
|
(1)
|
(8)
|
(11)
|
(11)
|
(3)
|
(11)
|
(8)
|
(4)
|
|
Pre-Tax Income |
96
N/A
|
115
+20%
|
130
+13%
|
148
+14%
|
157
+6%
|
160
+2%
|
148
-7%
|
161
+9%
|
165
+2%
|
176
+7%
|
169
-4%
|
174
+3%
|
193
+11%
|
232
+21%
|
273
+18%
|
303
+11%
|
354
+17%
|
396
+12%
|
427
+8%
|
426
0%
|
405
-5%
|
405
+0%
|
416
+3%
|
419
+1%
|
426
+2%
|
397
-7%
|
389
-2%
|
426
+10%
|
495
+16%
|
576
+16%
|
675
+17%
|
698
+3%
|
687
-2%
|
607
-12%
|
510
-16%
|
390
-24%
|
269
-31%
|
210
-22%
|
222
+5%
|
302
+36%
|
381
+26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(15)
|
(17)
|
(24)
|
(26)
|
(21)
|
(20)
|
(17)
|
(18)
|
(23)
|
(22)
|
(21)
|
(24)
|
(32)
|
(38)
|
(46)
|
(50)
|
(54)
|
(60)
|
(60)
|
(60)
|
(61)
|
(62)
|
(60)
|
(63)
|
(43)
|
(40)
|
(45)
|
(54)
|
(69)
|
(84)
|
(85)
|
(77)
|
(66)
|
(48)
|
(30)
|
(11)
|
(8)
|
(8)
|
(18)
|
(29)
|
|
Income from Continuing Operations |
85
|
101
|
113
|
124
|
131
|
138
|
129
|
144
|
147
|
153
|
146
|
153
|
169
|
201
|
236
|
257
|
303
|
341
|
366
|
365
|
345
|
345
|
353
|
359
|
362
|
354
|
349
|
381
|
440
|
507
|
591
|
613
|
610
|
540
|
462
|
359
|
258
|
202
|
214
|
284
|
352
|
|
Income to Minority Interest |
2
|
1
|
(1)
|
(3)
|
(3)
|
(5)
|
(6)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(8)
|
(6)
|
(7)
|
(9)
|
(7)
|
(6)
|
(5)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Net Income (Common) |
87
N/A
|
101
+17%
|
113
+11%
|
121
+8%
|
128
+6%
|
133
+4%
|
123
-8%
|
140
+14%
|
144
+3%
|
150
+4%
|
144
-4%
|
149
+3%
|
161
+8%
|
194
+21%
|
229
+18%
|
248
+8%
|
297
+20%
|
335
+13%
|
362
+8%
|
364
+1%
|
344
-5%
|
342
-1%
|
351
+2%
|
357
+2%
|
360
+1%
|
354
-2%
|
349
-1%
|
381
+9%
|
441
+16%
|
508
+15%
|
592
+17%
|
614
+4%
|
611
-1%
|
541
-11%
|
463
-14%
|
361
-22%
|
259
-28%
|
204
-21%
|
215
+5%
|
285
+33%
|
353
+24%
|
|
EPS (Diluted) |
0.08
N/A
|
0.09
+13%
|
0.1
+11%
|
0.11
+10%
|
0.11
N/A
|
0.12
+9%
|
0.11
-8%
|
0.13
+18%
|
0.14
+8%
|
0.13
-7%
|
0.13
N/A
|
0.13
N/A
|
0.14
+8%
|
0.17
+21%
|
0.2
+18%
|
0.18
-10%
|
0.25
+39%
|
0.3
+20%
|
0.31
+3%
|
0.34
+10%
|
0.31
-9%
|
0.3
-3%
|
0.31
+3%
|
0.32
+3%
|
0.32
N/A
|
0.31
-3%
|
0.32
+3%
|
0.34
+6%
|
0.39
+15%
|
0.45
+15%
|
0.52
+16%
|
0.55
+6%
|
0.51
-7%
|
0.49
-4%
|
0.42
-14%
|
0.32
-24%
|
0.24
-25%
|
0.18
-25%
|
0.19
+6%
|
0.25
+32%
|
0.32
+28%
|