Taier Heavy Industry Co Ltd
SZSE:002347
Income Statement
Earnings Waterfall
Taier Heavy Industry Co Ltd
Revenue
|
1.1B
CNY
|
Cost of Revenue
|
-928.5m
CNY
|
Gross Profit
|
190.6m
CNY
|
Operating Expenses
|
-248.7m
CNY
|
Operating Income
|
-58.1m
CNY
|
Other Expenses
|
24.2m
CNY
|
Net Income
|
-33.9m
CNY
|
Income Statement
Taier Heavy Industry 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 |
330
N/A
|
358
+8%
|
331
-8%
|
357
+8%
|
359
+1%
|
373
+4%
|
364
-2%
|
377
+3%
|
380
+1%
|
376
-1%
|
372
-1%
|
382
+3%
|
396
+4%
|
394
0%
|
396
+1%
|
403
+2%
|
402
0%
|
438
+9%
|
477
+9%
|
595
+25%
|
668
+12%
|
746
+12%
|
804
+8%
|
796
-1%
|
835
+5%
|
818
-2%
|
758
-7%
|
718
-5%
|
751
+5%
|
812
+8%
|
866
+7%
|
930
+7%
|
967
+4%
|
1 059
+10%
|
1 093
+3%
|
1 168
+7%
|
1 123
-4%
|
1 083
-4%
|
1 155
+7%
|
1 096
-5%
|
1 119
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(205)
|
(217)
|
(205)
|
(224)
|
(226)
|
(250)
|
(247)
|
(255)
|
(258)
|
(241)
|
(242)
|
(248)
|
(259)
|
(253)
|
(260)
|
(270)
|
(265)
|
(289)
|
(329)
|
(419)
|
(485)
|
(541)
|
(595)
|
(589)
|
(606)
|
(604)
|
(569)
|
(542)
|
(575)
|
(616)
|
(668)
|
(730)
|
(778)
|
(850)
|
(898)
|
(969)
|
(920)
|
(929)
|
(950)
|
(890)
|
(928)
|
|
Gross Profit |
125
N/A
|
141
+13%
|
126
-11%
|
134
+6%
|
133
0%
|
123
-8%
|
117
-4%
|
121
+3%
|
122
+1%
|
135
+11%
|
131
-3%
|
135
+3%
|
138
+2%
|
142
+3%
|
136
-4%
|
133
-2%
|
137
+3%
|
150
+9%
|
148
-1%
|
176
+19%
|
183
+4%
|
205
+12%
|
209
+2%
|
207
-1%
|
229
+10%
|
214
-6%
|
189
-12%
|
177
-6%
|
177
N/A
|
196
+11%
|
198
+1%
|
201
+2%
|
188
-6%
|
210
+11%
|
195
-7%
|
199
+2%
|
203
+2%
|
154
-24%
|
206
+33%
|
207
+1%
|
191
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(99)
|
(116)
|
(118)
|
(124)
|
(124)
|
(113)
|
(119)
|
(124)
|
(128)
|
(119)
|
(122)
|
(125)
|
(120)
|
(115)
|
(115)
|
(112)
|
(115)
|
(198)
|
(315)
|
(332)
|
(340)
|
(150)
|
(149)
|
(150)
|
(161)
|
(169)
|
(153)
|
(149)
|
(137)
|
(166)
|
(157)
|
(146)
|
(160)
|
(174)
|
(169)
|
(201)
|
(208)
|
(212)
|
(260)
|
(257)
|
(249)
|
|
Selling, General & Administrative |
(85)
|
(96)
|
(98)
|
(100)
|
(100)
|
(94)
|
(95)
|
(100)
|
(100)
|
(96)
|
(99)
|
(103)
|
(99)
|
(94)
|
(99)
|
(98)
|
(104)
|
(185)
|
(124)
|
(138)
|
(149)
|
(121)
|
(135)
|
(127)
|
(122)
|
(122)
|
(123)
|
(121)
|
(114)
|
(128)
|
(126)
|
(119)
|
(130)
|
(121)
|
(126)
|
(144)
|
(144)
|
(160)
|
(168)
|
(168)
|
(169)
|
|
Research & Development |
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
(5)
|
(15)
|
0
|
0
|
(10)
|
(27)
|
(26)
|
(39)
|
(43)
|
(38)
|
(43)
|
(43)
|
(43)
|
(39)
|
(47)
|
(45)
|
(49)
|
(50)
|
(53)
|
(63)
|
(64)
|
(52)
|
(63)
|
(62)
|
(58)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(14)
|
(0)
|
(20)
|
(25)
|
(25)
|
(0)
|
(24)
|
(24)
|
(29)
|
(0)
|
(24)
|
(21)
|
(20)
|
(1)
|
(16)
|
(14)
|
(6)
|
10
|
(190)
|
(193)
|
(181)
|
12
|
13
|
16
|
5
|
6
|
14
|
16
|
20
|
14
|
15
|
18
|
19
|
10
|
11
|
5
|
(0)
|
16
|
(29)
|
(27)
|
(21)
|
|
Operating Income |
27
N/A
|
25
-5%
|
8
-69%
|
9
+18%
|
9
-3%
|
10
+8%
|
(1)
N/A
|
(2)
-130%
|
(6)
-165%
|
17
N/A
|
8
-50%
|
10
+18%
|
18
+82%
|
27
+49%
|
21
-21%
|
22
+2%
|
22
+1%
|
(49)
N/A
|
(167)
-242%
|
(156)
+7%
|
(157)
-1%
|
55
N/A
|
60
+9%
|
57
-5%
|
68
+19%
|
45
-34%
|
36
-21%
|
28
-22%
|
40
+42%
|
30
-24%
|
41
+36%
|
55
+34%
|
28
-48%
|
36
+28%
|
27
-26%
|
(1)
N/A
|
(5)
-317%
|
(58)
-996%
|
(55)
+5%
|
(50)
+8%
|
(58)
-16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(7)
|
(0)
|
(7)
|
(7)
|
(2)
|
(9)
|
(4)
|
(3)
|
(10)
|
(9)
|
(7)
|
(9)
|
(13)
|
(15)
|
(11)
|
(8)
|
76
|
75
|
65
|
65
|
(36)
|
(37)
|
(35)
|
(37)
|
(9)
|
(9)
|
(7)
|
(6)
|
7
|
8
|
6
|
17
|
(1)
|
(1)
|
7
|
(1)
|
14
|
17
|
21
|
26
|
|
Non-Reccuring Items |
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
(1)
|
0
|
(132)
|
0
|
(0)
|
(0)
|
11
|
0
|
(3)
|
(3)
|
(4)
|
(4)
|
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
2
|
1
|
2
|
2
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
4
|
6
|
6
|
6
|
8
|
7
|
8
|
17
|
17
|
17
|
17
|
12
|
13
|
10
|
5
|
(0)
|
(1)
|
(11)
|
(10)
|
(9)
|
1
|
10
|
11
|
11
|
(1)
|
(3)
|
(3)
|
(3)
|
(1)
|
1
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
7
|
7
|
7
|
7
|
|
Pre-Tax Income |
17
N/A
|
19
+9%
|
13
-32%
|
9
-31%
|
8
-7%
|
9
+7%
|
(3)
N/A
|
2
N/A
|
9
+295%
|
16
+78%
|
17
+9%
|
19
+14%
|
20
+4%
|
17
-15%
|
16
-6%
|
15
-3%
|
14
-11%
|
(105)
N/A
|
(103)
+2%
|
(101)
+3%
|
(101)
0%
|
31
N/A
|
34
+11%
|
30
-12%
|
39
+31%
|
31
-20%
|
20
-37%
|
17
-15%
|
30
+76%
|
37
+24%
|
49
+34%
|
61
+25%
|
44
-27%
|
34
-23%
|
25
-26%
|
5
-78%
|
(6)
N/A
|
(34)
-441%
|
(30)
+11%
|
(20)
+34%
|
(23)
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(4)
|
(3)
|
(2)
|
(4)
|
(0)
|
0
|
0
|
1
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(3)
|
(4)
|
(5)
|
(5)
|
(7)
|
(7)
|
(7)
|
(10)
|
(8)
|
(7)
|
(9)
|
(10)
|
(4)
|
(5)
|
(3)
|
(1)
|
(8)
|
(6)
|
(3)
|
(0)
|
(2)
|
(3)
|
(8)
|
(9)
|
|
Income from Continuing Operations |
12
|
15
|
10
|
7
|
5
|
8
|
(3)
|
2
|
9
|
12
|
13
|
15
|
15
|
11
|
10
|
10
|
8
|
(108)
|
(107)
|
(106)
|
(106)
|
24
|
27
|
23
|
29
|
23
|
13
|
8
|
19
|
33
|
44
|
58
|
44
|
26
|
19
|
3
|
(6)
|
(36)
|
(33)
|
(27)
|
(32)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
33
|
35
|
36
|
36
|
(4)
|
(5)
|
(6)
|
(6)
|
2
|
4
|
3
|
(2)
|
(6)
|
(10)
|
(10)
|
(9)
|
(8)
|
(6)
|
(7)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
|
Net Income (Common) |
12
N/A
|
15
+18%
|
10
-31%
|
7
-29%
|
5
-34%
|
8
+79%
|
(3)
N/A
|
2
N/A
|
9
+329%
|
12
+29%
|
13
+10%
|
14
+10%
|
14
-1%
|
11
-24%
|
9
-12%
|
9
-3%
|
7
-22%
|
(74)
N/A
|
(72)
+2%
|
(70)
+3%
|
(70)
+0%
|
20
N/A
|
22
+9%
|
17
-21%
|
24
+35%
|
25
+7%
|
17
-33%
|
10
-40%
|
18
+77%
|
26
+47%
|
34
+29%
|
48
+40%
|
34
-28%
|
18
-47%
|
14
-24%
|
(4)
N/A
|
(9)
-152%
|
(39)
-311%
|
(37)
+5%
|
(29)
+21%
|
(34)
-18%
|
|
EPS (Diluted) |
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
0.01
-50%
|
0
N/A
|
0.02
N/A
|
-0.01
N/A
|
0
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.02
-50%
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
-0.17
N/A
|
-0.16
+6%
|
-0.16
N/A
|
-0.16
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.05
+67%
|
0.06
+20%
|
0.04
-33%
|
0.02
-50%
|
0.03
+50%
|
0.06
+100%
|
0.07
+17%
|
0.1
+43%
|
0.08
-20%
|
0.04
-50%
|
0.03
-25%
|
-0.01
N/A
|
-0.02
-100%
|
-0.08
-300%
|
-0.07
+13%
|
-0.06
+14%
|
-0.07
-17%
|