Henan Huaying Agricultural Development Co Ltd
SZSE:002321
Income Statement
Earnings Waterfall
Henan Huaying Agricultural Development Co Ltd
Income Statement
Henan Huaying Agricultural Development Co Ltd
| Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | 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 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
36
|
0
|
0
|
0
|
33
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
53
|
0
|
0
|
0
|
73
|
0
|
0
|
0
|
92
|
0
|
0
|
0
|
112
|
0
|
0
|
0
|
93
|
0
|
0
|
0
|
130
|
33
|
89
|
134
|
189
|
193
|
189
|
182
|
165
|
158
|
149
|
153
|
394
|
390
|
373
|
359
|
356
|
343
|
341
|
326
|
82
|
87
|
83
|
90
|
81
|
82
|
83
|
82
|
84
|
82
|
0
|
0
|
|
| Revenue |
1 350
N/A
|
1 381
+2%
|
932
-32%
|
963
+3%
|
1 074
+11%
|
1 173
+9%
|
1 303
+11%
|
1 402
+8%
|
1 486
+6%
|
1 657
+12%
|
1 686
+2%
|
1 763
+5%
|
1 809
+3%
|
1 747
-3%
|
1 809
+4%
|
1 777
-2%
|
1 738
-2%
|
1 719
-1%
|
1 756
+2%
|
1 710
-3%
|
1 754
+3%
|
1 821
+4%
|
1 843
+1%
|
1 983
+8%
|
1 971
-1%
|
1 954
-1%
|
1 858
-5%
|
1 777
-4%
|
1 984
+12%
|
2 215
+12%
|
2 515
+14%
|
2 817
+12%
|
3 110
+10%
|
3 622
+16%
|
4 122
+14%
|
4 576
+11%
|
5 026
+10%
|
5 385
+7%
|
5 349
-1%
|
5 388
+1%
|
5 419
+1%
|
5 507
+2%
|
5 518
+0%
|
4 960
-10%
|
4 244
-14%
|
3 444
-19%
|
3 126
-9%
|
3 024
-3%
|
3 054
+1%
|
3 176
+4%
|
3 192
+1%
|
3 120
-2%
|
3 097
-1%
|
3 140
+1%
|
2 898
-8%
|
3 049
+5%
|
3 208
+5%
|
3 322
+4%
|
3 705
+12%
|
3 842
+4%
|
4 391
+14%
|
4 805
+9%
|
4 731
-2%
|
4 759
+1%
|
4 624
-3%
|
4 764
+3%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 154)
|
(1 178)
|
(813)
|
(844)
|
(953)
|
(1 048)
|
(1 149)
|
(1 234)
|
(1 312)
|
(1 445)
|
(1 491)
|
(1 565)
|
(1 617)
|
(1 638)
|
(1 712)
|
(1 692)
|
(1 692)
|
(1 676)
|
(1 726)
|
(1 714)
|
(1 742)
|
(1 704)
|
(1 680)
|
(1 753)
|
(1 686)
|
(1 694)
|
(1 642)
|
(1 578)
|
(1 802)
|
(2 004)
|
(2 217)
|
(2 523)
|
(2 792)
|
(3 272)
|
(3 660)
|
(4 090)
|
(4 468)
|
(4 804)
|
(4 759)
|
(4 860)
|
(4 949)
|
(5 105)
|
(5 094)
|
(4 730)
|
(4 218)
|
(3 581)
|
(3 560)
|
(3 390)
|
(3 284)
|
(3 320)
|
(3 135)
|
(3 086)
|
(3 027)
|
(3 006)
|
(2 689)
|
(2 795)
|
(2 930)
|
(3 013)
|
(3 377)
|
(3 528)
|
(4 077)
|
(4 511)
|
(4 390)
|
(4 438)
|
(4 318)
|
(4 462)
|
|
| Gross Profit |
196
N/A
|
202
+3%
|
119
-41%
|
120
+0%
|
121
+1%
|
126
+3%
|
154
+23%
|
168
+9%
|
173
+3%
|
212
+22%
|
195
-8%
|
199
+2%
|
193
-3%
|
109
-44%
|
97
-10%
|
85
-13%
|
46
-46%
|
43
-7%
|
30
-29%
|
(4)
N/A
|
13
N/A
|
117
+830%
|
163
+39%
|
230
+41%
|
285
+24%
|
260
-9%
|
216
-17%
|
199
-8%
|
182
-9%
|
210
+16%
|
298
+42%
|
293
-2%
|
318
+8%
|
350
+10%
|
462
+32%
|
486
+5%
|
558
+15%
|
580
+4%
|
590
+2%
|
527
-11%
|
470
-11%
|
402
-15%
|
424
+5%
|
230
-46%
|
26
-89%
|
(138)
N/A
|
(434)
-216%
|
(366)
+16%
|
(230)
+37%
|
(144)
+38%
|
57
N/A
|
34
-40%
|
70
+107%
|
133
+90%
|
210
+57%
|
254
+21%
|
278
+10%
|
309
+11%
|
328
+6%
|
313
-4%
|
313
+0%
|
294
-6%
|
341
+16%
|
320
-6%
|
306
-4%
|
302
-1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(87)
|
(89)
|
(57)
|
(58)
|
(60)
|
(67)
|
(81)
|
(83)
|
(83)
|
(91)
|
(96)
|
(100)
|
(104)
|
(105)
|
(99)
|
(97)
|
(120)
|
(112)
|
(134)
|
(140)
|
(120)
|
(124)
|
(119)
|
(111)
|
(124)
|
(133)
|
(149)
|
(133)
|
(115)
|
(126)
|
(169)
|
(200)
|
(212)
|
(229)
|
(207)
|
(197)
|
(205)
|
(200)
|
(220)
|
(161)
|
(161)
|
(161)
|
(291)
|
(290)
|
(303)
|
(271)
|
(236)
|
(235)
|
(234)
|
(288)
|
(3 383)
|
(3 443)
|
(3 463)
|
(3 495)
|
(213)
|
(224)
|
(199)
|
(139)
|
(170)
|
(165)
|
(150)
|
(130)
|
(151)
|
(145)
|
(138)
|
(153)
|
|
| Selling, General & Administrative |
(84)
|
(86)
|
(53)
|
(56)
|
(59)
|
(66)
|
(74)
|
(75)
|
(77)
|
(86)
|
(92)
|
(99)
|
(100)
|
(102)
|
(90)
|
(91)
|
(101)
|
(107)
|
(122)
|
(138)
|
(133)
|
(122)
|
(106)
|
(111)
|
(123)
|
(132)
|
(131)
|
(130)
|
(113)
|
(122)
|
(154)
|
(144)
|
(162)
|
(172)
|
(203)
|
(185)
|
(202)
|
(205)
|
(222)
|
(188)
|
(186)
|
(180)
|
(242)
|
(252)
|
(262)
|
(255)
|
(255)
|
(324)
|
(319)
|
(351)
|
(1 653)
|
(1 687)
|
(1 685)
|
(1 716)
|
(176)
|
(209)
|
(200)
|
(138)
|
(136)
|
(158)
|
(145)
|
(138)
|
(141)
|
(130)
|
(129)
|
(139)
|
|
| Research & Development |
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
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(48)
|
(48)
|
(48)
|
(48)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
(1)
|
(3)
|
(4)
|
(4)
|
(6)
|
(10)
|
(14)
|
(9)
|
(14)
|
(11)
|
(7)
|
(8)
|
(7)
|
(6)
|
(7)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(3)
|
(4)
|
(4)
|
(2)
|
(1)
|
(2)
|
(7)
|
(8)
|
(6)
|
(5)
|
(4)
|
(1)
|
(4)
|
(3)
|
(1)
|
(5)
|
(19)
|
(5)
|
(2)
|
(2)
|
13
|
(2)
|
(5)
|
0
|
(1)
|
(1)
|
(10)
|
(2)
|
(2)
|
(4)
|
(5)
|
(55)
|
(51)
|
(57)
|
11
|
(12)
|
(3)
|
7
|
18
|
29
|
26
|
22
|
18
|
10
|
7
|
33
|
85
|
93
|
90
|
66
|
(1 634)
|
(1 755)
|
(1 775)
|
(1 776)
|
15
|
(9)
|
11
|
13
|
13
|
8
|
6
|
14
|
17
|
(8)
|
(3)
|
(7)
|
|
| Operating Income |
110
N/A
|
113
+3%
|
62
-45%
|
62
N/A
|
61
-1%
|
58
-5%
|
73
+26%
|
85
+16%
|
90
+6%
|
121
+35%
|
99
-18%
|
99
-1%
|
89
-10%
|
3
-97%
|
(2)
N/A
|
(12)
-588%
|
(74)
-531%
|
(69)
+6%
|
(104)
-49%
|
(144)
-39%
|
(107)
+25%
|
(7)
+94%
|
44
N/A
|
119
+171%
|
161
+35%
|
127
-21%
|
67
-47%
|
66
-2%
|
67
+1%
|
84
+26%
|
129
+53%
|
94
-27%
|
105
+12%
|
121
+16%
|
255
+110%
|
290
+14%
|
352
+22%
|
380
+8%
|
370
-3%
|
366
-1%
|
309
-16%
|
241
-22%
|
133
-45%
|
(60)
N/A
|
(277)
-364%
|
(409)
-48%
|
(670)
-64%
|
(601)
+10%
|
(464)
+23%
|
(431)
+7%
|
(3 326)
-671%
|
(3 409)
-2%
|
(3 392)
+0%
|
(3 362)
+1%
|
(4)
+100%
|
30
N/A
|
79
+163%
|
170
+115%
|
158
-7%
|
148
-6%
|
163
+10%
|
164
+0%
|
190
+15%
|
175
-8%
|
168
-4%
|
149
-11%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(65)
|
(62)
|
(36)
|
(34)
|
(31)
|
(31)
|
(31)
|
(33)
|
(35)
|
(40)
|
(37)
|
(38)
|
(42)
|
(41)
|
(46)
|
(53)
|
(60)
|
(66)
|
(60)
|
(74)
|
(74)
|
(69)
|
(76)
|
(81)
|
(88)
|
(100)
|
(91)
|
(95)
|
(77)
|
(78)
|
(70)
|
(70)
|
(78)
|
(80)
|
(112)
|
(127)
|
(149)
|
(154)
|
(138)
|
(150)
|
(122)
|
(94)
|
(69)
|
(151)
|
(176)
|
(222)
|
(196)
|
(208)
|
(200)
|
(179)
|
(370)
|
1 240
|
1 469
|
1 210
|
(65)
|
(485)
|
(692)
|
(424)
|
(81)
|
(71)
|
(71)
|
(69)
|
(45)
|
(61)
|
(71)
|
(70)
|
|
| Non-Reccuring Items |
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
|
(3)
|
0
|
(3)
|
0
|
(7)
|
(2)
|
(2)
|
0
|
(4)
|
0
|
(0)
|
0
|
(96)
|
(8)
|
(32)
|
(32)
|
(50)
|
(39)
|
(15)
|
37
|
1 503
|
45
|
44
|
(10)
|
(467)
|
(1)
|
(0)
|
1
|
(7)
|
0
|
3
|
2
|
(16)
|
2
|
(2)
|
(1)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(164)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
22
|
19
|
15
|
14
|
12
|
17
|
12
|
11
|
12
|
11
|
17
|
28
|
29
|
27
|
53
|
57
|
54
|
76
|
36
|
37
|
69
|
47
|
34
|
44
|
17
|
20
|
19
|
43
|
74
|
70
|
56
|
93
|
55
|
59
|
4
|
3
|
9
|
5
|
6
|
8
|
17
|
15
|
14
|
13
|
(2)
|
(1)
|
(106)
|
(105)
|
(105)
|
(106)
|
(175)
|
(352)
|
(347)
|
(345)
|
(6)
|
(29)
|
(34)
|
(36)
|
(2)
|
(7)
|
(7)
|
(7)
|
1
|
(2)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
66
N/A
|
69
+5%
|
41
-41%
|
42
+2%
|
42
+1%
|
44
+5%
|
55
+24%
|
62
+14%
|
68
+9%
|
92
+35%
|
88
-4%
|
88
+0%
|
76
-14%
|
(11)
N/A
|
7
N/A
|
(8)
N/A
|
(80)
-888%
|
(60)
+25%
|
(127)
-113%
|
(182)
-43%
|
(113)
+38%
|
(29)
+74%
|
16
N/A
|
83
+432%
|
90
+9%
|
47
-48%
|
18
-62%
|
15
-19%
|
64
+341%
|
76
+19%
|
112
+47%
|
117
+5%
|
80
-32%
|
100
+26%
|
140
+40%
|
164
+17%
|
210
+29%
|
231
+10%
|
234
+2%
|
224
-5%
|
203
-9%
|
163
-20%
|
(19)
N/A
|
(206)
-1 014%
|
(487)
-136%
|
(664)
-36%
|
(1 021)
-54%
|
(954)
+7%
|
(784)
+18%
|
(679)
+13%
|
(2 533)
-273%
|
(2 476)
+2%
|
(2 226)
+10%
|
(2 507)
-13%
|
(542)
+78%
|
(484)
+11%
|
(647)
-34%
|
(289)
+55%
|
69
N/A
|
70
+1%
|
88
+26%
|
91
+4%
|
129
+42%
|
114
-12%
|
93
-18%
|
75
-19%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
(8)
|
(11)
|
(15)
|
(20)
|
(36)
|
(46)
|
(52)
|
(59)
|
(43)
|
(36)
|
(32)
|
(24)
|
(16)
|
(9)
|
(6)
|
(4)
|
4
|
0
|
2
|
4
|
(3)
|
(2)
|
(4)
|
(4)
|
(11)
|
(15)
|
(8)
|
(12)
|
(11)
|
(10)
|
(18)
|
(21)
|
(20)
|
(21)
|
(23)
|
(22)
|
|
| Income from Continuing Operations |
65
|
68
|
40
|
41
|
42
|
44
|
55
|
63
|
68
|
92
|
87
|
87
|
76
|
(12)
|
6
|
(10)
|
(82)
|
(63)
|
(130)
|
(184)
|
(115)
|
(31)
|
14
|
80
|
88
|
45
|
17
|
14
|
64
|
76
|
103
|
106
|
64
|
80
|
104
|
117
|
159
|
172
|
192
|
188
|
171
|
139
|
(34)
|
(215)
|
(493)
|
(667)
|
(1 017)
|
(954)
|
(782)
|
(674)
|
(2 536)
|
(2 478)
|
(2 230)
|
(2 511)
|
(553)
|
(499)
|
(655)
|
(301)
|
58
|
60
|
70
|
70
|
109
|
93
|
69
|
53
|
|
| Income to Minority Interest |
(2)
|
(2)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
0
|
(0)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
0
|
2
|
3
|
3
|
1
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
1
|
2
|
(12)
|
(16)
|
(24)
|
(32)
|
(43)
|
(52)
|
(61)
|
(71)
|
(73)
|
(69)
|
(55)
|
(41)
|
(18)
|
(6)
|
35
|
72
|
68
|
61
|
17
|
(32)
|
(2)
|
(6)
|
(13)
|
(21)
|
(44)
|
(55)
|
(59)
|
(61)
|
(90)
|
(95)
|
(97)
|
(85)
|
(77)
|
(73)
|
(76)
|
(86)
|
|
| Net Income (Common) |
63
N/A
|
66
+5%
|
40
-39%
|
41
+2%
|
42
+1%
|
45
+7%
|
57
+27%
|
64
+13%
|
68
+6%
|
92
+35%
|
85
-7%
|
86
+1%
|
74
-14%
|
(14)
N/A
|
4
N/A
|
(13)
N/A
|
(85)
-577%
|
(63)
+26%
|
(127)
-104%
|
(181)
-42%
|
(113)
+38%
|
(30)
+74%
|
13
N/A
|
79
+527%
|
86
+9%
|
43
-50%
|
18
-60%
|
14
-21%
|
65
+367%
|
78
+20%
|
92
+18%
|
90
-1%
|
40
-55%
|
48
+20%
|
61
+27%
|
65
+6%
|
97
+49%
|
101
+4%
|
119
+18%
|
119
0%
|
117
-2%
|
98
-16%
|
(52)
N/A
|
(221)
-322%
|
(457)
-107%
|
(595)
-30%
|
(949)
-60%
|
(892)
+6%
|
(765)
+14%
|
(706)
+8%
|
(2 538)
-259%
|
(2 484)
+2%
|
(2 243)
+10%
|
(2 532)
-13%
|
(597)
+76%
|
(554)
+7%
|
(714)
-29%
|
(362)
+49%
|
(32)
+91%
|
(36)
-12%
|
(27)
+23%
|
(15)
+45%
|
32
N/A
|
19
-40%
|
(6)
N/A
|
(33)
-425%
|
|
| EPS (Diluted) |
0.28
N/A
|
0.3
+7%
|
0.18
-40%
|
0.14
-22%
|
0.14
N/A
|
0.17
+21%
|
0.19
+12%
|
0.23
+21%
|
0.24
+4%
|
0.32
+33%
|
0.29
-9%
|
0.29
N/A
|
0.25
-14%
|
-0.05
N/A
|
0.01
N/A
|
-0.04
N/A
|
-0.28
-600%
|
-0.14
+50%
|
-0.35
-150%
|
-0.42
-20%
|
-0.26
+38%
|
-0.06
+77%
|
0.03
N/A
|
0.19
+533%
|
0.21
+11%
|
0.11
-48%
|
0.04
-64%
|
0.04
N/A
|
0.13
+225%
|
0.14
+8%
|
0.17
+21%
|
0.17
N/A
|
0.08
-53%
|
0.1
+25%
|
0.11
+10%
|
0.12
+9%
|
0.18
+50%
|
0.19
+6%
|
0.22
+16%
|
0.32
+45%
|
0.23
-28%
|
0.19
-17%
|
-0.1
N/A
|
-0.42
-320%
|
-0.86
-105%
|
-1.12
-30%
|
-1.78
-59%
|
-1.67
+6%
|
-1.43
+14%
|
-1.32
+8%
|
-4.59
-248%
|
-1.16
+75%
|
-1.05
+9%
|
-1.18
-12%
|
-0.28
+76%
|
-0.26
+7%
|
-0.33
-27%
|
-0.17
+48%
|
-0.01
+94%
|
-0.02
-100%
|
-0.01
+50%
|
-0.01
N/A
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
-0.02
N/A
|
|