China West Construction Group Co Ltd
SZSE:002302
Income Statement
Earnings Waterfall
China West Construction Group Co Ltd
Revenue
|
22.8B
CNY
|
Cost of Revenue
|
-20.5B
CNY
|
Gross Profit
|
2.4B
CNY
|
Operating Expenses
|
-1.4B
CNY
|
Operating Income
|
1B
CNY
|
Other Expenses
|
-449.6m
CNY
|
Net Income
|
565.9m
CNY
|
Income Statement
China West Construction Group 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 |
8 977
N/A
|
9 418
+5%
|
9 883
+5%
|
10 211
+3%
|
10 299
+1%
|
10 356
+1%
|
10 435
+1%
|
10 295
-1%
|
10 664
+4%
|
10 874
+2%
|
10 921
+0%
|
11 529
+6%
|
11 899
+3%
|
12 791
+8%
|
13 819
+8%
|
14 920
+8%
|
15 642
+5%
|
16 854
+8%
|
17 989
+7%
|
18 849
+5%
|
19 577
+4%
|
21 260
+9%
|
22 097
+4%
|
22 896
+4%
|
22 007
-4%
|
21 922
0%
|
22 461
+2%
|
23 423
+4%
|
25 556
+9%
|
26 194
+3%
|
26 597
+2%
|
26 926
+1%
|
26 619
-1%
|
26 387
-1%
|
25 739
-2%
|
24 897
-3%
|
24 257
-3%
|
23 825
-2%
|
22 994
-3%
|
22 863
-1%
|
22 846
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(7 939)
|
(8 318)
|
(8 738)
|
(8 985)
|
(9 075)
|
(9 113)
|
(9 099)
|
(8 971)
|
(9 259)
|
(9 498)
|
(9 664)
|
(10 259)
|
(10 816)
|
(11 717)
|
(12 731)
|
(13 586)
|
(14 332)
|
(15 385)
|
(16 400)
|
(17 137)
|
(17 871)
|
(19 307)
|
(19 886)
|
(20 492)
|
(19 855)
|
(19 631)
|
(19 969)
|
(20 721)
|
(22 643)
|
(23 451)
|
(24 109)
|
(24 118)
|
(24 041)
|
(23 683)
|
(23 027)
|
(22 262)
|
(21 880)
|
(21 600)
|
(20 853)
|
(20 273)
|
(20 459)
|
|
Gross Profit |
1 038
N/A
|
1 099
+6%
|
1 145
+4%
|
1 226
+7%
|
1 224
0%
|
1 244
+2%
|
1 336
+7%
|
1 324
-1%
|
1 405
+6%
|
1 376
-2%
|
1 257
-9%
|
1 270
+1%
|
1 082
-15%
|
1 074
-1%
|
1 089
+1%
|
1 333
+22%
|
1 311
-2%
|
1 470
+12%
|
1 589
+8%
|
1 712
+8%
|
1 706
0%
|
1 953
+14%
|
2 211
+13%
|
2 404
+9%
|
2 152
-10%
|
2 291
+6%
|
2 492
+9%
|
2 702
+8%
|
2 913
+8%
|
2 744
-6%
|
2 488
-9%
|
2 809
+13%
|
2 577
-8%
|
2 704
+5%
|
2 712
+0%
|
2 634
-3%
|
2 377
-10%
|
2 225
-6%
|
2 141
-4%
|
2 591
+21%
|
2 387
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(515)
|
(604)
|
(593)
|
(618)
|
(579)
|
(596)
|
(652)
|
(726)
|
(743)
|
(767)
|
(758)
|
(708)
|
(642)
|
(615)
|
(582)
|
(953)
|
(898)
|
(939)
|
(1 003)
|
(1 098)
|
(987)
|
(1 070)
|
(1 128)
|
(1 343)
|
(1 203)
|
(1 228)
|
(1 342)
|
(1 498)
|
(1 432)
|
(1 474)
|
(1 441)
|
(1 548)
|
(1 386)
|
(1 413)
|
(1 390)
|
(1 608)
|
(1 480)
|
(1 452)
|
(1 421)
|
(1 528)
|
(1 372)
|
|
Selling, General & Administrative |
(396)
|
(539)
|
(532)
|
(464)
|
(606)
|
(506)
|
(543)
|
(543)
|
(635)
|
(659)
|
(666)
|
(483)
|
(666)
|
(686)
|
(532)
|
(667)
|
(595)
|
(650)
|
(799)
|
(748)
|
(643)
|
(628)
|
(677)
|
(853)
|
(775)
|
(798)
|
(857)
|
(912)
|
(824)
|
(814)
|
(810)
|
(911)
|
(808)
|
(816)
|
(775)
|
(997)
|
(902)
|
(888)
|
(862)
|
(928)
|
(827)
|
|
Research & Development |
0
|
0
|
0
|
(139)
|
0
|
0
|
0
|
(157)
|
0
|
0
|
0
|
(193)
|
0
|
0
|
0
|
(267)
|
0
|
0
|
(100)
|
(325)
|
(280)
|
(389)
|
(413)
|
(446)
|
(421)
|
(443)
|
(503)
|
(575)
|
(635)
|
(680)
|
(652)
|
(614)
|
(602)
|
(627)
|
(644)
|
(603)
|
(602)
|
(583)
|
(577)
|
(601)
|
(581)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(27)
|
0
|
|
Other Operating Expenses |
(119)
|
(65)
|
(61)
|
4
|
26
|
(90)
|
(109)
|
(3)
|
(108)
|
(107)
|
(92)
|
(3)
|
24
|
72
|
(50)
|
9
|
(303)
|
(290)
|
(104)
|
5
|
(64)
|
(53)
|
(39)
|
(14)
|
(7)
|
14
|
18
|
17
|
27
|
20
|
21
|
15
|
24
|
30
|
30
|
22
|
25
|
19
|
19
|
28
|
37
|
|
Operating Income |
523
N/A
|
496
-5%
|
552
+11%
|
608
+10%
|
645
+6%
|
648
+1%
|
684
+6%
|
598
-13%
|
662
+11%
|
610
-8%
|
500
-18%
|
562
+12%
|
441
-22%
|
460
+4%
|
506
+10%
|
380
-25%
|
413
+9%
|
530
+28%
|
587
+11%
|
614
+5%
|
719
+17%
|
883
+23%
|
1 083
+23%
|
1 061
-2%
|
949
-11%
|
1 063
+12%
|
1 149
+8%
|
1 204
+5%
|
1 480
+23%
|
1 269
-14%
|
1 047
-18%
|
1 260
+20%
|
1 191
-6%
|
1 290
+8%
|
1 322
+2%
|
1 026
-22%
|
897
-13%
|
773
-14%
|
720
-7%
|
1 063
+48%
|
1 016
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(111)
|
(118)
|
(115)
|
(126)
|
(125)
|
(130)
|
(143)
|
(143)
|
(144)
|
(146)
|
(146)
|
(193)
|
(188)
|
(182)
|
(189)
|
(183)
|
(184)
|
(186)
|
(197)
|
(114)
|
(138)
|
(127)
|
(102)
|
(217)
|
(197)
|
(189)
|
(167)
|
(88)
|
(100)
|
(101)
|
(117)
|
(118)
|
(121)
|
(126)
|
(135)
|
(163)
|
(175)
|
(200)
|
(205)
|
(195)
|
(205)
|
|
Non-Reccuring Items |
0
|
37
|
0
|
(15)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(20)
|
(18)
|
(16)
|
(16)
|
1
|
12
|
10
|
0
|
3
|
5
|
5
|
5
|
17
|
30
|
31
|
50
|
16
|
35
|
36
|
18
|
6
|
9
|
15
|
15
|
7
|
14
|
9
|
12
|
17
|
21
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
|
Total Other Income |
19
|
6
|
5
|
16
|
7
|
2
|
(2)
|
17
|
8
|
26
|
47
|
82
|
85
|
62
|
49
|
13
|
(1)
|
5
|
1
|
7
|
(9)
|
(4)
|
(3)
|
35
|
15
|
12
|
6
|
18
|
10
|
12
|
13
|
38
|
36
|
53
|
48
|
23
|
20
|
(2)
|
11
|
18
|
20
|
|
Pre-Tax Income |
431
N/A
|
420
-3%
|
442
+5%
|
475
+7%
|
526
+11%
|
519
-1%
|
540
+4%
|
466
-14%
|
526
+13%
|
490
-7%
|
401
-18%
|
431
+7%
|
320
-26%
|
324
+1%
|
351
+8%
|
211
-40%
|
240
+14%
|
359
+50%
|
391
+9%
|
490
+25%
|
577
+18%
|
756
+31%
|
983
+30%
|
896
-9%
|
797
-11%
|
918
+15%
|
1 039
+13%
|
1 150
+11%
|
1 425
+24%
|
1 216
-15%
|
962
-21%
|
1 187
+23%
|
1 114
-6%
|
1 234
+11%
|
1 251
+1%
|
895
-28%
|
756
-16%
|
580
-23%
|
538
-7%
|
905
+68%
|
852
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(51)
|
(63)
|
(77)
|
(109)
|
(122)
|
(123)
|
(124)
|
(99)
|
(106)
|
(103)
|
(94)
|
(110)
|
(91)
|
(88)
|
(90)
|
(69)
|
(83)
|
(107)
|
(119)
|
(151)
|
(161)
|
(182)
|
(227)
|
(162)
|
(146)
|
(168)
|
(198)
|
(204)
|
(229)
|
(202)
|
(141)
|
(206)
|
(194)
|
(214)
|
(212)
|
(172)
|
(161)
|
(135)
|
(131)
|
(180)
|
(179)
|
|
Income from Continuing Operations |
380
|
357
|
366
|
366
|
404
|
396
|
416
|
367
|
419
|
386
|
307
|
321
|
229
|
236
|
261
|
142
|
157
|
252
|
271
|
338
|
416
|
574
|
756
|
734
|
651
|
750
|
840
|
946
|
1 196
|
1 015
|
821
|
981
|
920
|
1 020
|
1 039
|
723
|
594
|
445
|
407
|
725
|
674
|
|
Income to Minority Interest |
(43)
|
(42)
|
(39)
|
(33)
|
(34)
|
(29)
|
(25)
|
(20)
|
(14)
|
(13)
|
(7)
|
(5)
|
(8)
|
(15)
|
(27)
|
(37)
|
(43)
|
(48)
|
(42)
|
(35)
|
(34)
|
(45)
|
(65)
|
(73)
|
(56)
|
(99)
|
(141)
|
(162)
|
(203)
|
(162)
|
(129)
|
(136)
|
(142)
|
(160)
|
(173)
|
(167)
|
(138)
|
(107)
|
(79)
|
(80)
|
(82)
|
|
Net Income (Common) |
337
N/A
|
315
-6%
|
327
+4%
|
333
+2%
|
370
+11%
|
368
-1%
|
391
+6%
|
347
-11%
|
405
+17%
|
373
-8%
|
300
-20%
|
316
+6%
|
221
-30%
|
221
0%
|
234
+6%
|
106
-55%
|
114
+8%
|
204
+78%
|
229
+13%
|
303
+32%
|
383
+26%
|
529
+38%
|
692
+31%
|
661
-4%
|
595
-10%
|
651
+9%
|
699
+7%
|
784
+12%
|
993
+27%
|
852
-14%
|
692
-19%
|
843
+22%
|
776
-8%
|
834
+7%
|
863
+4%
|
530
-39%
|
431
-19%
|
311
-28%
|
302
-3%
|
619
+105%
|
566
-9%
|
|
EPS (Diluted) |
0.32
N/A
|
0.3
-6%
|
0.33
+10%
|
0.32
-3%
|
0.36
+13%
|
0.36
N/A
|
0.38
+6%
|
0.34
-11%
|
0.4
+18%
|
0.37
-8%
|
0.3
-19%
|
0.31
+3%
|
0.21
-32%
|
0.27
+29%
|
0.2
-26%
|
0.1
-50%
|
0.09
-10%
|
0.16
+78%
|
0.18
+13%
|
0.24
+33%
|
0.3
+25%
|
0.42
+40%
|
0.55
+31%
|
0.52
-5%
|
0.47
-10%
|
0.51
+9%
|
0.55
+8%
|
0.62
+13%
|
0.79
+27%
|
0.68
-14%
|
0.55
-19%
|
0.67
+22%
|
0.61
-9%
|
0.66
+8%
|
0.68
+3%
|
0.42
-38%
|
0.34
-19%
|
0.25
-26%
|
0.24
-4%
|
0.49
+104%
|
0.45
-8%
|