Xinlun New Materials Co Ltd
SZSE:002341
Income Statement
Earnings Waterfall
Xinlun New Materials Co Ltd
Revenue
|
719.3m
CNY
|
Cost of Revenue
|
-672.6m
CNY
|
Gross Profit
|
46.7m
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
-1.1B
CNY
|
Other Expenses
|
-317.4m
CNY
|
Net Income
|
-1.4B
CNY
|
Income Statement
Xinlun New Materials 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 |
1 197
N/A
|
1 350
+13%
|
1 373
+2%
|
1 454
+6%
|
1 519
+4%
|
1 349
-11%
|
1 379
+2%
|
1 205
-13%
|
1 093
-9%
|
1 024
-6%
|
1 057
+3%
|
1 041
-2%
|
1 206
+16%
|
1 658
+38%
|
1 724
+4%
|
1 988
+15%
|
2 141
+8%
|
2 064
-4%
|
2 230
+8%
|
2 663
+19%
|
3 147
+18%
|
3 151
+0%
|
3 276
+4%
|
3 097
-5%
|
3 064
-1%
|
3 322
+8%
|
3 114
-6%
|
2 932
-6%
|
2 521
-14%
|
2 247
-11%
|
2 351
+5%
|
2 041
-13%
|
1 723
-16%
|
1 332
-23%
|
1 091
-18%
|
981
-10%
|
961
-2%
|
979
+2%
|
843
-14%
|
781
-7%
|
719
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(867)
|
(984)
|
(992)
|
(1 034)
|
(1 095)
|
(919)
|
(957)
|
(839)
|
(754)
|
(767)
|
(784)
|
(772)
|
(898)
|
(1 250)
|
(1 313)
|
(1 548)
|
(1 642)
|
(1 505)
|
(1 648)
|
(1 949)
|
(2 281)
|
(2 328)
|
(2 494)
|
(2 435)
|
(2 519)
|
(2 724)
|
(2 574)
|
(2 398)
|
(2 026)
|
(1 847)
|
(1 910)
|
(1 645)
|
(1 436)
|
(1 099)
|
(904)
|
(849)
|
(835)
|
(912)
|
(758)
|
(721)
|
(673)
|
|
Gross Profit |
330
N/A
|
366
+11%
|
380
+4%
|
419
+10%
|
424
+1%
|
430
+1%
|
422
-2%
|
366
-13%
|
339
-7%
|
257
-24%
|
273
+6%
|
269
-1%
|
308
+14%
|
409
+33%
|
410
+0%
|
440
+7%
|
499
+13%
|
560
+12%
|
582
+4%
|
714
+23%
|
867
+21%
|
824
-5%
|
782
-5%
|
662
-15%
|
545
-18%
|
598
+10%
|
540
-10%
|
534
-1%
|
494
-8%
|
400
-19%
|
440
+10%
|
396
-10%
|
286
-28%
|
233
-18%
|
187
-20%
|
132
-29%
|
127
-4%
|
67
-47%
|
85
+26%
|
61
-29%
|
47
-23%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(163)
|
(197)
|
(205)
|
(224)
|
(243)
|
(264)
|
(258)
|
(253)
|
(270)
|
(309)
|
(317)
|
(318)
|
(327)
|
(345)
|
(299)
|
(300)
|
(297)
|
(312)
|
(289)
|
(347)
|
(383)
|
(426)
|
(411)
|
(414)
|
(412)
|
(438)
|
(421)
|
(432)
|
(421)
|
(588)
|
(1 221)
|
(1 208)
|
(1 234)
|
(476)
|
(1 188)
|
(1 078)
|
(1 022)
|
(835)
|
(1 127)
|
(1 197)
|
(1 175)
|
|
Selling, General & Administrative |
(146)
|
(164)
|
(180)
|
(206)
|
(222)
|
(201)
|
(243)
|
(249)
|
(254)
|
(234)
|
(263)
|
(270)
|
(280)
|
(262)
|
(305)
|
(303)
|
(300)
|
(251)
|
(292)
|
(291)
|
(297)
|
(324)
|
(299)
|
(321)
|
(354)
|
(337)
|
(351)
|
(386)
|
(394)
|
(466)
|
(475)
|
(448)
|
(462)
|
(409)
|
(471)
|
(346)
|
(281)
|
(598)
|
(589)
|
(666)
|
(639)
|
|
Research & Development |
0
|
(19)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
(8)
|
(36)
|
0
|
0
|
(37)
|
(63)
|
(81)
|
(104)
|
(104)
|
(88)
|
(89)
|
(77)
|
(66)
|
(60)
|
(57)
|
(57)
|
(57)
|
(56)
|
(77)
|
(82)
|
(85)
|
(30)
|
(43)
|
(41)
|
(38)
|
|
Depreciation & Amortization |
0
|
(13)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(17)
|
(2)
|
(25)
|
(18)
|
(20)
|
(5)
|
(15)
|
(5)
|
(16)
|
(2)
|
(53)
|
(48)
|
(47)
|
(14)
|
7
|
4
|
11
|
22
|
2
|
(56)
|
(49)
|
32
|
(31)
|
11
|
45
|
55
|
20
|
31
|
40
|
1
|
(689)
|
(702)
|
(715)
|
62
|
(640)
|
(650)
|
(657)
|
(149)
|
(495)
|
(490)
|
(498)
|
|
Operating Income |
167
N/A
|
169
+1%
|
175
+4%
|
195
+11%
|
181
-7%
|
166
-9%
|
164
-1%
|
112
-32%
|
69
-38%
|
(53)
N/A
|
(44)
+17%
|
(49)
-12%
|
(19)
+61%
|
63
N/A
|
111
+76%
|
140
+26%
|
201
+43%
|
248
+23%
|
292
+18%
|
367
+25%
|
484
+32%
|
397
-18%
|
371
-7%
|
249
-33%
|
133
-47%
|
159
+20%
|
119
-25%
|
103
-14%
|
73
-29%
|
(188)
N/A
|
(781)
-314%
|
(812)
-4%
|
(948)
-17%
|
(242)
+74%
|
(1 002)
-314%
|
(946)
+6%
|
(896)
+5%
|
(768)
+14%
|
(1 042)
-36%
|
(1 136)
-9%
|
(1 129)
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(42)
|
(44)
|
(50)
|
(59)
|
(65)
|
(61)
|
(71)
|
(66)
|
(63)
|
(60)
|
(57)
|
(54)
|
(48)
|
(59)
|
(87)
|
(95)
|
(111)
|
(105)
|
(106)
|
(121)
|
(116)
|
(116)
|
(125)
|
(130)
|
(156)
|
(172)
|
(177)
|
(161)
|
(171)
|
(200)
|
(338)
|
(382)
|
(380)
|
(239)
|
(212)
|
(179)
|
(167)
|
(210)
|
(208)
|
(245)
|
(261)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
33
|
0
|
24
|
24
|
19
|
8
|
14
|
17
|
54
|
56
|
49
|
46
|
2
|
(7)
|
(6)
|
(7)
|
(789)
|
(12)
|
(12)
|
(11)
|
(658)
|
(3)
|
(3)
|
66
|
(210)
|
64
|
65
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(18)
|
(11)
|
(13)
|
0
|
0
|
(3)
|
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 |
2
|
3
|
3
|
(1)
|
(1)
|
3
|
0
|
(3)
|
(3)
|
3
|
(4)
|
6
|
(5)
|
16
|
33
|
28
|
25
|
22
|
25
|
18
|
20
|
8
|
(1)
|
9
|
8
|
4
|
4
|
1
|
1
|
(158)
|
(159)
|
(162)
|
(164)
|
(202)
|
(219)
|
(228)
|
(234)
|
(65)
|
(72)
|
(93)
|
(84)
|
|
Pre-Tax Income |
127
N/A
|
128
+1%
|
129
+1%
|
136
+5%
|
115
-15%
|
104
-10%
|
93
-10%
|
43
-54%
|
4
-92%
|
(127)
N/A
|
(115)
+10%
|
(110)
+5%
|
(72)
+35%
|
54
N/A
|
54
+1%
|
97
+79%
|
138
+43%
|
184
+33%
|
219
+19%
|
277
+26%
|
404
+46%
|
343
-15%
|
300
-13%
|
177
-41%
|
30
-83%
|
(7)
N/A
|
(61)
-761%
|
(63)
-3%
|
(104)
-64%
|
(1 334)
-1 185%
|
(1 290)
+3%
|
(1 368)
-6%
|
(1 503)
-10%
|
(1 340)
+11%
|
(1 435)
-7%
|
(1 356)
+5%
|
(1 231)
+9%
|
(1 252)
-2%
|
(1 258)
0%
|
(1 409)
-12%
|
(1 477)
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(18)
|
(17)
|
(19)
|
(13)
|
(14)
|
(11)
|
(5)
|
1
|
7
|
6
|
6
|
(2)
|
(4)
|
(3)
|
(13)
|
(15)
|
(19)
|
(25)
|
(30)
|
(58)
|
(70)
|
(69)
|
(47)
|
(18)
|
6
|
11
|
17
|
24
|
31
|
34
|
30
|
48
|
63
|
61
|
55
|
34
|
13
|
15
|
16
|
27
|
|
Income from Continuing Operations |
108
|
111
|
112
|
117
|
102
|
90
|
82
|
38
|
4
|
(120)
|
(110)
|
(104)
|
(74)
|
49
|
51
|
84
|
123
|
165
|
195
|
247
|
346
|
273
|
232
|
131
|
12
|
(1)
|
(51)
|
(46)
|
(80)
|
(1 303)
|
(1 256)
|
(1 338)
|
(1 455)
|
(1 277)
|
(1 374)
|
(1 301)
|
(1 197)
|
(1 239)
|
(1 243)
|
(1 393)
|
(1 451)
|
|
Income to Minority Interest |
2
|
(2)
|
(3)
|
(5)
|
(7)
|
(3)
|
(1)
|
2
|
7
|
14
|
14
|
16
|
14
|
1
|
2
|
(2)
|
(2)
|
8
|
6
|
8
|
11
|
16
|
16
|
14
|
12
|
11
|
10
|
2
|
1
|
14
|
14
|
23
|
24
|
8
|
9
|
9
|
9
|
6
|
5
|
5
|
5
|
|
Net Income (Common) |
110
N/A
|
109
-2%
|
109
+0%
|
112
+3%
|
95
-15%
|
87
-9%
|
81
-7%
|
40
-51%
|
11
-72%
|
(107)
N/A
|
(96)
+10%
|
(88)
+8%
|
(60)
+32%
|
50
N/A
|
52
+5%
|
82
+57%
|
121
+47%
|
173
+43%
|
201
+16%
|
255
+27%
|
356
+40%
|
289
-19%
|
248
-14%
|
145
-42%
|
24
-84%
|
10
-58%
|
(40)
N/A
|
(44)
-9%
|
(79)
-79%
|
(1 290)
-1 537%
|
(1 242)
+4%
|
(1 315)
-6%
|
(1 431)
-9%
|
(1 268)
+11%
|
(1 366)
-8%
|
(1 292)
+5%
|
(1 189)
+8%
|
(1 233)
-4%
|
(1 237)
0%
|
(1 389)
-12%
|
(1 446)
-4%
|
|
EPS (Diluted) |
0.14
N/A
|
0.15
+7%
|
0.16
+7%
|
0.15
-6%
|
0.12
-20%
|
0.12
N/A
|
0.1
-17%
|
0.05
-50%
|
0.02
-60%
|
-0.14
N/A
|
-0.12
+14%
|
-0.11
+8%
|
-0.08
+27%
|
0.07
N/A
|
0.06
-14%
|
0.08
+33%
|
0.12
+50%
|
0.17
+42%
|
0.2
+18%
|
0.21
+5%
|
0.33
+57%
|
0.26
-21%
|
0.22
-15%
|
0.13
-41%
|
0.01
-92%
|
0.01
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.07
-75%
|
-1.12
-1 500%
|
-1.08
+4%
|
-1.14
-6%
|
-1.24
-9%
|
-1.1
+11%
|
-1.18
-7%
|
-1.12
+5%
|
-1.03
+8%
|
-1.07
-4%
|
-1.07
N/A
|
-1.21
-13%
|
-1.25
-3%
|