Zhejiang Wanliyang Co Ltd
SZSE:002434
Income Statement
Earnings Waterfall
Zhejiang Wanliyang Co Ltd
Revenue
|
5.6B
CNY
|
Cost of Revenue
|
-4.6B
CNY
|
Gross Profit
|
962.5m
CNY
|
Operating Expenses
|
-525.8m
CNY
|
Operating Income
|
436.7m
CNY
|
Other Expenses
|
-72.4m
CNY
|
Net Income
|
364.3m
CNY
|
Income Statement
Zhejiang Wanliyang 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 |
1 473
N/A
|
1 425
-3%
|
1 422
0%
|
1 394
-2%
|
1 320
-5%
|
1 382
+5%
|
1 361
-2%
|
1 415
+4%
|
1 496
+6%
|
1 973
+32%
|
2 342
+19%
|
2 718
+16%
|
3 017
+11%
|
3 732
+24%
|
4 565
+22%
|
4 897
+7%
|
5 317
+9%
|
5 030
-5%
|
4 461
-11%
|
4 502
+1%
|
4 491
0%
|
4 371
-3%
|
4 318
-1%
|
4 293
-1%
|
4 434
+3%
|
5 100
+15%
|
5 215
+2%
|
5 568
+7%
|
5 948
+7%
|
6 065
+2%
|
6 336
+4%
|
6 285
-1%
|
6 257
0%
|
5 487
-12%
|
5 387
-2%
|
5 026
-7%
|
4 787
-5%
|
5 113
+7%
|
5 022
-2%
|
5 371
+7%
|
5 570
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 116)
|
(1 114)
|
(1 109)
|
(1 087)
|
(1 042)
|
(1 014)
|
(985)
|
(996)
|
(1 038)
|
(1 424)
|
(1 729)
|
(2 048)
|
(2 221)
|
(2 866)
|
(3 490)
|
(3 748)
|
(4 140)
|
(3 880)
|
(3 486)
|
(3 509)
|
(3 551)
|
(3 329)
|
(3 319)
|
(3 305)
|
(3 417)
|
(4 028)
|
(4 206)
|
(4 518)
|
(4 762)
|
(4 880)
|
(5 079)
|
(5 076)
|
(5 116)
|
(4 565)
|
(4 581)
|
(4 294)
|
(4 147)
|
(4 242)
|
(4 149)
|
(4 422)
|
(4 607)
|
|
Gross Profit |
357
N/A
|
312
-13%
|
313
+1%
|
307
-2%
|
278
-10%
|
368
+33%
|
377
+2%
|
420
+11%
|
459
+9%
|
549
+20%
|
613
+12%
|
670
+9%
|
795
+19%
|
866
+9%
|
1 075
+24%
|
1 149
+7%
|
1 177
+2%
|
1 150
-2%
|
976
-15%
|
993
+2%
|
939
-5%
|
1 042
+11%
|
999
-4%
|
988
-1%
|
1 017
+3%
|
1 072
+5%
|
1 009
-6%
|
1 050
+4%
|
1 186
+13%
|
1 185
0%
|
1 257
+6%
|
1 208
-4%
|
1 140
-6%
|
921
-19%
|
806
-13%
|
731
-9%
|
640
-12%
|
871
+36%
|
873
+0%
|
949
+9%
|
963
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(217)
|
(221)
|
(222)
|
(211)
|
(188)
|
(209)
|
(200)
|
(220)
|
(235)
|
(323)
|
(347)
|
(400)
|
(437)
|
(517)
|
(500)
|
(494)
|
(523)
|
(361)
|
(308)
|
(307)
|
(272)
|
(530)
|
(527)
|
(517)
|
(519)
|
(637)
|
(538)
|
(580)
|
(599)
|
(515)
|
(525)
|
(478)
|
(452)
|
(648)
|
(597)
|
(608)
|
(625)
|
(543)
|
(469)
|
(497)
|
(526)
|
|
Selling, General & Administrative |
(209)
|
(156)
|
(216)
|
(214)
|
(194)
|
(144)
|
(192)
|
(201)
|
(218)
|
(218)
|
(310)
|
(361)
|
(388)
|
(343)
|
(467)
|
(505)
|
(546)
|
(320)
|
(537)
|
(528)
|
(480)
|
(374)
|
(408)
|
(373)
|
(373)
|
(498)
|
(458)
|
(449)
|
(453)
|
(307)
|
(304)
|
(258)
|
(248)
|
(331)
|
(320)
|
(335)
|
(328)
|
(332)
|
(326)
|
(329)
|
(331)
|
|
Research & Development |
0
|
(53)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(113)
|
0
|
0
|
0
|
(187)
|
0
|
0
|
(42)
|
(161)
|
(217)
|
(271)
|
(265)
|
(177)
|
(258)
|
(266)
|
(332)
|
(224)
|
(363)
|
(373)
|
(357)
|
(245)
|
(347)
|
(359)
|
(360)
|
(264)
|
(310)
|
(313)
|
(303)
|
|
Depreciation & Amortization |
0
|
(12)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(114)
|
0
|
0
|
0
|
(114)
|
0
|
0
|
0
|
(123)
|
0
|
0
|
0
|
(146)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(7)
|
(0)
|
(7)
|
3
|
6
|
(3)
|
(9)
|
(19)
|
(17)
|
(10)
|
(38)
|
(39)
|
(49)
|
(17)
|
(33)
|
10
|
23
|
194
|
229
|
221
|
250
|
119
|
97
|
126
|
118
|
152
|
177
|
135
|
186
|
138
|
143
|
154
|
153
|
74
|
71
|
87
|
62
|
155
|
166
|
145
|
108
|
|
Operating Income |
141
N/A
|
90
-36%
|
91
+1%
|
96
+6%
|
90
-7%
|
159
+78%
|
176
+11%
|
200
+13%
|
224
+12%
|
226
+1%
|
266
+18%
|
270
+2%
|
358
+33%
|
349
-3%
|
575
+65%
|
655
+14%
|
654
0%
|
789
+21%
|
668
-15%
|
686
+3%
|
667
-3%
|
511
-23%
|
472
-8%
|
471
0%
|
498
+6%
|
435
-13%
|
470
+8%
|
470
0%
|
588
+25%
|
670
+14%
|
733
+9%
|
731
0%
|
688
-6%
|
274
-60%
|
209
-24%
|
124
-41%
|
15
-88%
|
328
+2 128%
|
403
+23%
|
452
+12%
|
437
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
79
|
96
|
119
|
127
|
67
|
52
|
37
|
34
|
8
|
(11)
|
(30)
|
(58)
|
4
|
(18)
|
6
|
46
|
(22)
|
(2)
|
(30)
|
(58)
|
(52)
|
(73)
|
(88)
|
(92)
|
(83)
|
(26)
|
(8)
|
16
|
(45)
|
(23)
|
(18)
|
(37)
|
(99)
|
(81)
|
(84)
|
(92)
|
(52)
|
(61)
|
(58)
|
(43)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(7)
|
(5)
|
0
|
0
|
18
|
2
|
2
|
2
|
(35)
|
1
|
(1)
|
(2)
|
65
|
0
|
1
|
3
|
49
|
(1)
|
1
|
(0)
|
(954)
|
(948)
|
(949)
|
(941)
|
24
|
8
|
7
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
17
|
6
|
8
|
8
|
7
|
8
|
7
|
9
|
9
|
19
|
21
|
23
|
31
|
29
|
26
|
66
|
79
|
(1)
|
(26)
|
(72)
|
(95)
|
0
|
(1)
|
(8)
|
(9)
|
(4)
|
(7)
|
0
|
(0)
|
(4)
|
(5)
|
(5)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(4)
|
(5)
|
|
Pre-Tax Income |
153
N/A
|
176
+16%
|
195
+10%
|
223
+15%
|
224
+0%
|
235
+5%
|
235
+0%
|
246
+4%
|
267
+9%
|
255
-4%
|
276
+8%
|
263
-5%
|
331
+26%
|
375
+13%
|
579
+54%
|
727
+26%
|
779
+7%
|
784
+1%
|
641
-18%
|
586
-9%
|
516
-12%
|
424
-18%
|
400
-6%
|
373
-7%
|
396
+6%
|
411
+4%
|
437
+6%
|
463
+6%
|
606
+31%
|
670
+10%
|
704
+5%
|
709
+1%
|
646
-9%
|
(782)
N/A
|
(824)
-5%
|
(911)
-11%
|
(1 021)
-12%
|
299
N/A
|
349
+17%
|
397
+14%
|
389
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(21)
|
(24)
|
(31)
|
(29)
|
(36)
|
(36)
|
(37)
|
(40)
|
(43)
|
(47)
|
(44)
|
(63)
|
(67)
|
(104)
|
(129)
|
(121)
|
(136)
|
(103)
|
(85)
|
(78)
|
(71)
|
(64)
|
(71)
|
(69)
|
(16)
|
(38)
|
(22)
|
(46)
|
(58)
|
(38)
|
(59)
|
(30)
|
(1)
|
(1)
|
14
|
28
|
1
|
(15)
|
(15)
|
(43)
|
|
Income from Continuing Operations |
132
|
155
|
171
|
192
|
194
|
199
|
200
|
209
|
227
|
212
|
229
|
220
|
268
|
308
|
475
|
597
|
658
|
648
|
538
|
501
|
438
|
353
|
336
|
302
|
327
|
395
|
399
|
441
|
560
|
612
|
666
|
650
|
615
|
(783)
|
(825)
|
(897)
|
(993)
|
300
|
334
|
383
|
346
|
|
Income to Minority Interest |
(8)
|
(9)
|
(10)
|
(8)
|
(9)
|
(7)
|
(5)
|
(5)
|
(6)
|
(0)
|
(2)
|
5
|
(4)
|
5
|
5
|
(2)
|
9
|
(5)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
5
|
5
|
7
|
6
|
2
|
5
|
1
|
0
|
3
|
9
|
1
|
2
|
(7)
|
0
|
4
|
6
|
19
|
|
Net Income (Common) |
124
N/A
|
146
+18%
|
161
+11%
|
184
+14%
|
185
+1%
|
192
+3%
|
195
+2%
|
204
+5%
|
222
+9%
|
212
-5%
|
228
+8%
|
225
-1%
|
264
+18%
|
312
+18%
|
479
+53%
|
595
+24%
|
666
+12%
|
643
-3%
|
536
-17%
|
501
-7%
|
437
-13%
|
352
-20%
|
336
-4%
|
304
-9%
|
332
+9%
|
400
+21%
|
406
+1%
|
447
+10%
|
562
+26%
|
617
+10%
|
667
+8%
|
650
-2%
|
618
-5%
|
(775)
N/A
|
(824)
-6%
|
(896)
-9%
|
(1 001)
-12%
|
300
N/A
|
338
+13%
|
388
+15%
|
364
-6%
|
|
EPS (Diluted) |
0.13
N/A
|
0.14
+8%
|
0.16
+14%
|
0.18
+13%
|
0.18
N/A
|
0.19
+6%
|
0.18
-5%
|
0.19
+6%
|
0.21
+11%
|
0.21
N/A
|
0.22
+5%
|
0.22
N/A
|
0.26
+18%
|
0.23
-12%
|
0.37
+61%
|
0.44
+19%
|
0.49
+11%
|
0.48
-2%
|
0.4
-17%
|
0.37
-8%
|
0.33
-11%
|
0.26
-21%
|
0.26
N/A
|
0.24
-8%
|
0.26
+8%
|
0.3
+15%
|
0.31
+3%
|
0.34
+10%
|
0.42
+24%
|
0.47
+12%
|
0.51
+9%
|
0.5
-2%
|
0.45
-10%
|
-0.59
N/A
|
-0.63
-7%
|
-0.69
-10%
|
-0.76
-10%
|
0.23
N/A
|
0.26
+13%
|
0.3
+15%
|
0.28
-7%
|