Haining China Leather Market Co Ltd
SZSE:002344
Income Statement
Earnings Waterfall
Haining China Leather Market Co Ltd
Revenue
|
1.2B
CNY
|
Cost of Revenue
|
-802.3m
CNY
|
Gross Profit
|
437.7m
CNY
|
Operating Expenses
|
-281.6m
CNY
|
Operating Income
|
156.1m
CNY
|
Other Expenses
|
-42.2m
CNY
|
Net Income
|
113.9m
CNY
|
Income Statement
Haining China Leather Market 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 |
2 909
N/A
|
2 656
-9%
|
2 611
-2%
|
2 440
-7%
|
2 319
-5%
|
2 243
-3%
|
2 179
-3%
|
1 851
-15%
|
1 836
-1%
|
1 694
-8%
|
1 720
+2%
|
2 184
+27%
|
2 134
-2%
|
2 023
-5%
|
1 922
-5%
|
1 883
-2%
|
1 902
+1%
|
1 789
-6%
|
1 762
-1%
|
1 714
-3%
|
1 653
-4%
|
1 683
+2%
|
1 635
-3%
|
1 422
-13%
|
1 346
-5%
|
1 423
+6%
|
1 361
-4%
|
1 433
+5%
|
1 466
+2%
|
1 316
-10%
|
1 408
+7%
|
1 456
+3%
|
1 507
+4%
|
1 394
-8%
|
1 372
-2%
|
1 393
+1%
|
1 358
-3%
|
1 374
+1%
|
1 338
-3%
|
1 291
-4%
|
1 240
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(755)
|
(755)
|
(763)
|
(754)
|
(777)
|
(687)
|
(673)
|
(672)
|
(678)
|
(700)
|
(787)
|
(892)
|
(927)
|
(987)
|
(942)
|
(957)
|
(967)
|
(901)
|
(900)
|
(897)
|
(855)
|
(857)
|
(790)
|
(667)
|
(652)
|
(766)
|
(794)
|
(868)
|
(912)
|
(810)
|
(823)
|
(817)
|
(820)
|
(742)
|
(765)
|
(831)
|
(805)
|
(855)
|
(823)
|
(785)
|
(802)
|
|
Gross Profit |
2 153
N/A
|
1 901
-12%
|
1 849
-3%
|
1 686
-9%
|
1 542
-9%
|
1 556
+1%
|
1 505
-3%
|
1 178
-22%
|
1 158
-2%
|
993
-14%
|
933
-6%
|
1 292
+38%
|
1 207
-7%
|
1 036
-14%
|
980
-5%
|
926
-6%
|
935
+1%
|
888
-5%
|
862
-3%
|
817
-5%
|
798
-2%
|
826
+4%
|
845
+2%
|
755
-11%
|
694
-8%
|
657
-5%
|
567
-14%
|
565
0%
|
554
-2%
|
506
-9%
|
586
+16%
|
639
+9%
|
688
+8%
|
652
-5%
|
607
-7%
|
561
-8%
|
553
-1%
|
520
-6%
|
515
-1%
|
506
-2%
|
438
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(788)
|
(628)
|
(617)
|
(531)
|
(544)
|
(518)
|
(490)
|
(500)
|
(490)
|
(460)
|
(474)
|
(585)
|
(585)
|
(581)
|
(564)
|
(500)
|
(513)
|
(485)
|
(473)
|
(352)
|
(365)
|
(387)
|
(444)
|
(371)
|
(355)
|
(330)
|
(273)
|
(326)
|
(323)
|
(313)
|
(330)
|
(324)
|
(325)
|
(304)
|
(269)
|
(171)
|
(152)
|
(161)
|
(172)
|
(278)
|
(282)
|
|
Selling, General & Administrative |
(788)
|
(620)
|
(612)
|
(509)
|
(529)
|
(511)
|
(479)
|
(474)
|
(479)
|
(453)
|
(466)
|
(564)
|
(565)
|
(563)
|
(555)
|
(517)
|
(504)
|
(499)
|
(509)
|
(364)
|
(377)
|
(383)
|
(411)
|
(382)
|
(368)
|
(347)
|
(292)
|
(344)
|
(349)
|
(336)
|
(350)
|
(373)
|
(384)
|
(383)
|
(351)
|
(244)
|
(229)
|
(209)
|
(230)
|
(304)
|
(304)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(9)
|
(9)
|
(10)
|
(0)
|
(9)
|
(11)
|
(12)
|
(1)
|
(13)
|
(13)
|
(13)
|
(0)
|
(14)
|
(14)
|
(15)
|
(1)
|
(14)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
|
Other Operating Expenses |
(0)
|
(8)
|
(6)
|
(1)
|
(15)
|
(8)
|
(11)
|
(3)
|
(10)
|
(7)
|
(8)
|
(2)
|
(19)
|
(17)
|
(10)
|
40
|
(9)
|
14
|
36
|
35
|
12
|
(3)
|
(32)
|
28
|
22
|
27
|
30
|
32
|
35
|
34
|
33
|
63
|
72
|
92
|
94
|
86
|
91
|
62
|
72
|
40
|
38
|
|
Operating Income |
1 365
N/A
|
1 274
-7%
|
1 232
-3%
|
1 155
-6%
|
998
-14%
|
1 038
+4%
|
1 015
-2%
|
678
-33%
|
668
-1%
|
534
-20%
|
460
-14%
|
707
+54%
|
623
-12%
|
455
-27%
|
415
-9%
|
426
+2%
|
422
-1%
|
403
-5%
|
389
-3%
|
465
+20%
|
433
-7%
|
439
+1%
|
401
-9%
|
384
-4%
|
339
-12%
|
327
-4%
|
293
-10%
|
239
-19%
|
231
-3%
|
194
-16%
|
256
+32%
|
315
+23%
|
363
+15%
|
347
-4%
|
338
-3%
|
390
+15%
|
401
+3%
|
359
-10%
|
343
-5%
|
228
-33%
|
156
-32%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
57
|
62
|
71
|
51
|
46
|
36
|
6
|
5
|
(10)
|
(28)
|
(28)
|
(46)
|
(18)
|
(27)
|
(31)
|
12
|
7
|
28
|
53
|
42
|
36
|
42
|
34
|
5
|
25
|
10
|
11
|
29
|
68
|
127
|
119
|
119
|
133
|
81
|
80
|
21
|
29
|
4
|
18
|
53
|
43
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(13)
|
0
|
(0)
|
(0)
|
(30)
|
0
|
(6)
|
0
|
9
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
8
|
0
|
(0)
|
(0)
|
(10)
|
0
|
0
|
0
|
(2)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
82
|
84
|
95
|
79
|
99
|
100
|
91
|
77
|
66
|
72
|
91
|
83
|
62
|
78
|
53
|
(5)
|
12
|
(15)
|
(12)
|
(2)
|
(2)
|
2
|
4
|
(15)
|
(19)
|
(12)
|
(12)
|
13
|
15
|
11
|
7
|
12
|
15
|
12
|
15
|
9
|
(31)
|
(29)
|
(35)
|
(2)
|
(3)
|
|
Pre-Tax Income |
1 504
N/A
|
1 420
-6%
|
1 397
-2%
|
1 284
-8%
|
1 144
-11%
|
1 173
+3%
|
1 112
-5%
|
760
-32%
|
725
-5%
|
578
-20%
|
522
-10%
|
744
+43%
|
666
-10%
|
506
-24%
|
438
-13%
|
420
-4%
|
441
+5%
|
416
-6%
|
431
+4%
|
476
+11%
|
467
-2%
|
477
+2%
|
439
-8%
|
383
-13%
|
345
-10%
|
325
-6%
|
292
-10%
|
281
-4%
|
314
+12%
|
332
+6%
|
382
+15%
|
454
+19%
|
511
+12%
|
440
-14%
|
434
-1%
|
410
-5%
|
399
-3%
|
335
-16%
|
325
-3%
|
278
-15%
|
197
-29%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(377)
|
(356)
|
(344)
|
(325)
|
(290)
|
(296)
|
(283)
|
(201)
|
(197)
|
(162)
|
(155)
|
(214)
|
(190)
|
(159)
|
(150)
|
(137)
|
(134)
|
(136)
|
(137)
|
(151)
|
(152)
|
(146)
|
(135)
|
(114)
|
(111)
|
(104)
|
(93)
|
(91)
|
(94)
|
(89)
|
(109)
|
(123)
|
(128)
|
(118)
|
(108)
|
(104)
|
(106)
|
(98)
|
(96)
|
(59)
|
(40)
|
|
Income from Continuing Operations |
1 127
|
1 064
|
1 052
|
959
|
853
|
877
|
829
|
559
|
528
|
417
|
367
|
531
|
477
|
347
|
288
|
283
|
306
|
280
|
294
|
325
|
315
|
331
|
305
|
269
|
234
|
221
|
199
|
191
|
221
|
242
|
273
|
331
|
383
|
323
|
326
|
306
|
293
|
237
|
230
|
219
|
157
|
|
Income to Minority Interest |
(13)
|
(13)
|
(12)
|
(23)
|
(23)
|
(25)
|
(20)
|
(10)
|
(3)
|
3
|
7
|
19
|
18
|
27
|
31
|
20
|
23
|
46
|
49
|
39
|
32
|
7
|
5
|
10
|
13
|
10
|
5
|
4
|
5
|
5
|
1
|
(3)
|
(9)
|
(21)
|
(30)
|
(36)
|
(43)
|
(42)
|
(42)
|
(41)
|
(43)
|
|
Net Income (Common) |
1 114
N/A
|
1 051
-6%
|
1 040
-1%
|
936
-10%
|
831
-11%
|
852
+3%
|
809
-5%
|
549
-32%
|
525
-4%
|
420
-20%
|
375
-11%
|
550
+47%
|
495
-10%
|
375
-24%
|
318
-15%
|
303
-5%
|
330
+9%
|
326
-1%
|
343
+5%
|
364
+6%
|
347
-5%
|
338
-3%
|
310
-8%
|
279
-10%
|
247
-12%
|
231
-6%
|
205
-12%
|
195
-5%
|
226
+16%
|
247
+10%
|
274
+11%
|
328
+19%
|
374
+14%
|
302
-19%
|
297
-2%
|
270
-9%
|
250
-8%
|
195
-22%
|
188
-4%
|
177
-5%
|
114
-36%
|
|
EPS (Diluted) |
0.99
N/A
|
0.93
-6%
|
0.92
-1%
|
0.84
-9%
|
0.74
-12%
|
0.76
+3%
|
0.72
-5%
|
0.49
-32%
|
0.47
-4%
|
0.38
-19%
|
0.34
-11%
|
0.49
+44%
|
0.38
-22%
|
0.3
-21%
|
0.25
-17%
|
0.24
-4%
|
0.26
+8%
|
0.26
N/A
|
0.27
+4%
|
0.28
+4%
|
0.27
-4%
|
0.26
-4%
|
0.24
-8%
|
0.22
-8%
|
0.19
-14%
|
0.18
-5%
|
0.2
+11%
|
0.15
-25%
|
0.18
+20%
|
0.2
+11%
|
0.22
+10%
|
0.26
+18%
|
0.3
+15%
|
0.24
-20%
|
0.24
N/A
|
0.21
-13%
|
0.19
-10%
|
0.15
-21%
|
0.15
N/A
|
0.14
-7%
|
0.09
-36%
|