Palm Eco-Town Development Co Ltd
SZSE:002431
Income Statement
Earnings Waterfall
Palm Eco-Town Development Co Ltd
Revenue
|
4.8B
CNY
|
Cost of Revenue
|
-4.5B
CNY
|
Gross Profit
|
346m
CNY
|
Operating Expenses
|
-647m
CNY
|
Operating Income
|
-301m
CNY
|
Other Expenses
|
-300.5m
CNY
|
Net Income
|
-601.5m
CNY
|
Income Statement
Palm Eco-Town Development 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 |
3 768
N/A
|
4 297
+14%
|
4 417
+3%
|
4 876
+10%
|
4 951
+2%
|
5 007
+1%
|
5 043
+1%
|
4 942
-2%
|
4 712
-5%
|
4 401
-7%
|
4 278
-3%
|
3 726
-13%
|
4 052
+9%
|
3 906
-4%
|
4 008
+3%
|
4 580
+14%
|
4 792
+5%
|
5 253
+10%
|
5 369
+2%
|
5 479
+2%
|
5 422
-1%
|
5 329
-2%
|
5 128
-4%
|
4 290
-16%
|
3 651
-15%
|
2 709
-26%
|
2 551
-6%
|
3 134
+23%
|
4 349
+39%
|
4 821
+11%
|
4 885
+1%
|
5 852
+20%
|
5 016
-14%
|
4 046
-19%
|
4 250
+5%
|
2 883
-32%
|
3 121
+8%
|
4 245
+36%
|
4 560
+7%
|
4 692
+3%
|
4 810
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 999)
|
(3 406)
|
(3 523)
|
(3 899)
|
(3 936)
|
(3 945)
|
(4 044)
|
(3 939)
|
(3 893)
|
(3 731)
|
(3 671)
|
(3 214)
|
(3 384)
|
(3 225)
|
(3 308)
|
(3 793)
|
(3 863)
|
(4 180)
|
(4 252)
|
(4 413)
|
(4 513)
|
(4 509)
|
(4 406)
|
(3 709)
|
(3 144)
|
(2 848)
|
(2 476)
|
(2 891)
|
(3 891)
|
(3 883)
|
(3 887)
|
(4 770)
|
(4 024)
|
(3 635)
|
(3 815)
|
(2 736)
|
(3 090)
|
(3 958)
|
(4 257)
|
(4 353)
|
(4 464)
|
|
Gross Profit |
769
N/A
|
891
+16%
|
894
+0%
|
977
+9%
|
1 015
+4%
|
1 062
+5%
|
999
-6%
|
1 003
+0%
|
818
-18%
|
669
-18%
|
607
-9%
|
512
-16%
|
668
+30%
|
681
+2%
|
701
+3%
|
787
+12%
|
929
+18%
|
1 073
+16%
|
1 117
+4%
|
1 066
-5%
|
908
-15%
|
820
-10%
|
722
-12%
|
581
-20%
|
507
-13%
|
(139)
N/A
|
75
N/A
|
242
+223%
|
458
+89%
|
939
+105%
|
998
+6%
|
1 082
+8%
|
991
-8%
|
411
-58%
|
436
+6%
|
147
-66%
|
30
-79%
|
287
+842%
|
303
+6%
|
339
+12%
|
346
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(311)
|
(376)
|
(364)
|
(417)
|
(415)
|
(457)
|
(419)
|
(417)
|
(439)
|
(768)
|
(479)
|
(467)
|
(487)
|
(464)
|
(541)
|
(544)
|
(589)
|
(575)
|
(646)
|
(684)
|
(705)
|
(705)
|
(769)
|
(750)
|
(657)
|
(729)
|
(1 022)
|
(1 017)
|
(1 083)
|
(727)
|
(710)
|
(696)
|
(672)
|
(754)
|
(734)
|
(724)
|
(675)
|
(593)
|
(517)
|
(609)
|
(647)
|
|
Selling, General & Administrative |
(278)
|
(326)
|
(319)
|
(357)
|
(360)
|
(383)
|
(357)
|
(340)
|
(354)
|
(416)
|
(364)
|
(369)
|
(374)
|
(379)
|
(379)
|
(388)
|
(388)
|
(523)
|
(470)
|
(494)
|
(503)
|
(663)
|
(466)
|
(429)
|
(404)
|
(595)
|
(586)
|
(620)
|
(654)
|
(541)
|
(482)
|
(454)
|
(417)
|
(499)
|
(487)
|
(478)
|
(476)
|
(392)
|
(357)
|
(453)
|
(441)
|
|
Research & Development |
0
|
(39)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
(42)
|
(39)
|
0
|
0
|
(52)
|
(185)
|
(135)
|
(173)
|
(133)
|
(113)
|
(97)
|
(84)
|
(119)
|
(166)
|
(190)
|
(204)
|
(213)
|
(188)
|
(203)
|
(203)
|
(157)
|
(132)
|
(120)
|
(128)
|
(171)
|
|
Depreciation & Amortization |
0
|
(9)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(33)
|
(2)
|
(45)
|
(60)
|
(55)
|
(4)
|
(62)
|
(77)
|
(85)
|
(269)
|
(115)
|
(98)
|
(114)
|
(11)
|
(163)
|
(156)
|
(159)
|
18
|
(175)
|
(191)
|
(150)
|
176
|
(169)
|
(149)
|
(120)
|
18
|
(339)
|
(312)
|
(309)
|
7
|
(37)
|
(38)
|
(42)
|
(46)
|
(44)
|
(43)
|
(42)
|
(48)
|
(39)
|
(28)
|
(35)
|
|
Operating Income |
458
N/A
|
515
+13%
|
531
+3%
|
560
+6%
|
600
+7%
|
605
+1%
|
580
-4%
|
586
+1%
|
379
-35%
|
(98)
N/A
|
128
N/A
|
45
-65%
|
180
+300%
|
217
+20%
|
159
-27%
|
243
+53%
|
339
+40%
|
498
+47%
|
471
-5%
|
382
-19%
|
204
-47%
|
115
-44%
|
(48)
N/A
|
(170)
-256%
|
(150)
+12%
|
(868)
-479%
|
(947)
-9%
|
(774)
+18%
|
(624)
+19%
|
211
N/A
|
289
+37%
|
386
+34%
|
319
-17%
|
(342)
N/A
|
(299)
+13%
|
(577)
-93%
|
(644)
-12%
|
(306)
+53%
|
(213)
+30%
|
(270)
-27%
|
(301)
-11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(29)
|
(40)
|
(51)
|
(70)
|
(86)
|
(83)
|
(90)
|
(88)
|
(88)
|
(96)
|
(383)
|
(354)
|
(370)
|
(92)
|
(84)
|
(132)
|
(137)
|
(120)
|
49
|
83
|
41
|
(254)
|
(104)
|
(129)
|
(48)
|
(359)
|
(288)
|
(194)
|
(318)
|
(447)
|
(201)
|
(370)
|
(317)
|
(497)
|
(600)
|
(590)
|
(622)
|
(409)
|
(412)
|
(353)
|
(333)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(73)
|
5
|
5
|
4
|
5
|
3
|
6
|
6
|
228
|
(3)
|
(6)
|
(5)
|
56
|
1
|
1
|
1
|
230
|
1
|
1
|
1
|
(0)
|
1
|
2
|
2
|
(11)
|
1
|
(0)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
17
|
(0)
|
(0)
|
(0)
|
5
|
0
|
(0)
|
0
|
4
|
1
|
1
|
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
|
|
Total Other Income |
16
|
7
|
22
|
29
|
27
|
8
|
12
|
6
|
5
|
4
|
11
|
9
|
33
|
103
|
99
|
96
|
76
|
(4)
|
(16)
|
(12)
|
(16)
|
2
|
2
|
0
|
(1)
|
(3)
|
(6)
|
(3)
|
1
|
21
|
25
|
22
|
20
|
0
|
0
|
(2)
|
(1)
|
4
|
3
|
5
|
6
|
|
Pre-Tax Income |
444
N/A
|
499
+12%
|
502
+1%
|
520
+4%
|
540
+4%
|
535
-1%
|
501
-6%
|
504
+1%
|
296
-41%
|
(186)
N/A
|
(243)
-30%
|
(299)
-23%
|
(156)
+48%
|
155
N/A
|
179
+16%
|
211
+18%
|
282
+34%
|
379
+34%
|
508
+34%
|
458
-10%
|
234
-49%
|
90
-62%
|
(154)
N/A
|
(305)
-98%
|
(204)
+33%
|
(1 173)
-474%
|
(1 241)
-6%
|
(970)
+22%
|
(941)
+3%
|
16
N/A
|
113
+608%
|
39
-65%
|
22
-43%
|
(840)
N/A
|
(898)
-7%
|
(1 167)
-30%
|
(1 265)
-8%
|
(722)
+43%
|
(620)
+14%
|
(618)
+0%
|
(628)
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(75)
|
(77)
|
(77)
|
(83)
|
(90)
|
(87)
|
(88)
|
(83)
|
(53)
|
(16)
|
(11)
|
3
|
(16)
|
(29)
|
(28)
|
(38)
|
(52)
|
(61)
|
(82)
|
(84)
|
(64)
|
(39)
|
(20)
|
4
|
11
|
119
|
119
|
127
|
123
|
12
|
12
|
(6)
|
1
|
58
|
59
|
71
|
63
|
(3)
|
(3)
|
(4)
|
(3)
|
|
Income from Continuing Operations |
370
|
422
|
425
|
437
|
451
|
448
|
413
|
421
|
243
|
(203)
|
(254)
|
(296)
|
(172)
|
126
|
152
|
173
|
230
|
318
|
426
|
374
|
170
|
51
|
(173)
|
(301)
|
(193)
|
(1 054)
|
(1 121)
|
(842)
|
(818)
|
28
|
126
|
33
|
24
|
(781)
|
(839)
|
(1 096)
|
(1 203)
|
(725)
|
(623)
|
(623)
|
(632)
|
|
Income to Minority Interest |
(46)
|
(23)
|
(26)
|
(21)
|
(24)
|
(20)
|
(23)
|
(21)
|
(18)
|
(9)
|
1
|
9
|
7
|
(6)
|
(6)
|
(20)
|
(14)
|
(14)
|
(63)
|
(47)
|
(31)
|
(1)
|
53
|
54
|
43
|
73
|
80
|
79
|
71
|
16
|
2
|
(2)
|
6
|
29
|
40
|
43
|
44
|
34
|
31
|
31
|
30
|
|
Net Income (Common) |
324
N/A
|
399
+23%
|
399
+0%
|
416
+4%
|
427
+3%
|
428
+0%
|
389
-9%
|
400
+3%
|
225
-44%
|
(212)
N/A
|
(253)
-19%
|
(287)
-14%
|
(165)
+43%
|
121
N/A
|
145
+20%
|
153
+5%
|
216
+41%
|
304
+41%
|
363
+19%
|
327
-10%
|
139
-57%
|
50
-64%
|
(121)
N/A
|
(247)
-105%
|
(150)
+39%
|
(982)
-555%
|
(1 041)
-6%
|
(764)
+27%
|
(748)
+2%
|
44
N/A
|
127
+187%
|
32
-75%
|
29
-7%
|
(752)
N/A
|
(799)
-6%
|
(1 052)
-32%
|
(1 159)
-10%
|
(691)
+40%
|
(592)
+14%
|
(592)
+0%
|
(602)
-2%
|
|
EPS (Diluted) |
0.28
N/A
|
0.35
+25%
|
0.34
-3%
|
0.35
+3%
|
0.36
+3%
|
0.37
+3%
|
0.33
-11%
|
0.33
N/A
|
0.19
-42%
|
-0.15
N/A
|
-0.18
-20%
|
-0.22
-22%
|
-0.13
+41%
|
0.09
N/A
|
0.1
+11%
|
0.1
N/A
|
0.14
+40%
|
0.2
+43%
|
0.23
+15%
|
0.21
-9%
|
0.09
-57%
|
0.03
-67%
|
-0.08
N/A
|
-0.17
-113%
|
-0.32
-88%
|
-0.66
-106%
|
-0.7
-6%
|
-0.51
+27%
|
-0.51
N/A
|
0.03
N/A
|
0.08
+167%
|
0.02
-75%
|
0.02
N/A
|
-0.51
N/A
|
-0.54
-6%
|
-0.71
-31%
|
-0.78
-10%
|
-0.44
+44%
|
-0.32
+27%
|
-0.34
-6%
|
-0.33
+3%
|