Jiangsu Shentong Valve Co Ltd
SZSE:002438
Income Statement
Earnings Waterfall
Jiangsu Shentong Valve Co Ltd
Revenue
|
2.1B
CNY
|
Cost of Revenue
|
-1.4B
CNY
|
Gross Profit
|
612.3m
CNY
|
Operating Expenses
|
-336.8m
CNY
|
Operating Income
|
275.5m
CNY
|
Other Expenses
|
-25.4m
CNY
|
Net Income
|
250.1m
CNY
|
Income Statement
Jiangsu Shentong Valve 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 |
483
N/A
|
511
+6%
|
524
+2%
|
507
-3%
|
495
-2%
|
466
-6%
|
463
-1%
|
441
-5%
|
410
-7%
|
428
+4%
|
460
+8%
|
519
+13%
|
576
+11%
|
601
+4%
|
617
+3%
|
630
+2%
|
692
+10%
|
756
+9%
|
850
+12%
|
943
+11%
|
1 106
+17%
|
1 088
-2%
|
1 254
+15%
|
1 363
+9%
|
1 288
-6%
|
1 348
+5%
|
1 251
-7%
|
1 231
-2%
|
1 413
+15%
|
1 586
+12%
|
1 740
+10%
|
1 838
+6%
|
1 953
+6%
|
1 910
-2%
|
1 949
+2%
|
1 914
-2%
|
1 854
-3%
|
1 955
+5%
|
1 941
-1%
|
2 031
+5%
|
2 051
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(298)
|
(317)
|
(333)
|
(323)
|
(310)
|
(295)
|
(304)
|
(285)
|
(268)
|
(286)
|
(298)
|
(337)
|
(375)
|
(358)
|
(386)
|
(397)
|
(441)
|
(492)
|
(559)
|
(627)
|
(754)
|
(755)
|
(864)
|
(932)
|
(862)
|
(893)
|
(798)
|
(780)
|
(911)
|
(1 090)
|
(1 229)
|
(1 318)
|
(1 385)
|
(1 338)
|
(1 350)
|
(1 333)
|
(1 312)
|
(1 395)
|
(1 366)
|
(1 419)
|
(1 439)
|
|
Gross Profit |
186
N/A
|
194
+5%
|
191
-2%
|
184
-3%
|
185
+0%
|
170
-8%
|
159
-6%
|
156
-2%
|
142
-9%
|
142
+0%
|
162
+14%
|
182
+12%
|
201
+11%
|
243
+21%
|
231
-5%
|
232
+1%
|
250
+8%
|
264
+5%
|
291
+11%
|
316
+8%
|
352
+12%
|
333
-6%
|
390
+17%
|
431
+11%
|
426
-1%
|
455
+7%
|
454
0%
|
451
-1%
|
503
+11%
|
496
-1%
|
511
+3%
|
519
+2%
|
568
+9%
|
571
+1%
|
599
+5%
|
581
-3%
|
542
-7%
|
560
+3%
|
575
+3%
|
612
+7%
|
612
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(116)
|
(124)
|
(124)
|
(122)
|
(128)
|
(121)
|
(112)
|
(119)
|
(111)
|
(131)
|
(141)
|
(153)
|
(168)
|
(181)
|
(167)
|
(169)
|
(185)
|
(200)
|
(220)
|
(239)
|
(263)
|
(236)
|
(260)
|
(271)
|
(249)
|
(269)
|
(267)
|
(253)
|
(266)
|
(248)
|
(238)
|
(240)
|
(254)
|
(280)
|
(294)
|
(305)
|
(290)
|
(301)
|
(318)
|
(333)
|
(337)
|
|
Selling, General & Administrative |
(112)
|
(90)
|
(115)
|
(118)
|
(122)
|
(95)
|
(108)
|
(113)
|
(106)
|
(100)
|
(128)
|
(137)
|
(152)
|
(136)
|
(153)
|
(158)
|
(169)
|
(142)
|
(198)
|
(216)
|
(219)
|
(171)
|
(224)
|
(215)
|
(213)
|
(215)
|
(198)
|
(192)
|
(193)
|
(180)
|
(172)
|
(179)
|
(180)
|
(193)
|
(201)
|
(204)
|
(193)
|
(231)
|
(230)
|
(243)
|
(256)
|
|
Research & Development |
0
|
(29)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
(7)
|
(48)
|
(25)
|
(49)
|
(51)
|
(61)
|
(66)
|
(58)
|
(75)
|
(63)
|
(69)
|
(62)
|
(67)
|
(78)
|
(81)
|
(85)
|
(77)
|
(73)
|
(81)
|
(87)
|
(84)
|
|
Depreciation & Amortization |
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(1)
|
(10)
|
(5)
|
(6)
|
(1)
|
(4)
|
(6)
|
(5)
|
(1)
|
(12)
|
(16)
|
(16)
|
(1)
|
(13)
|
(10)
|
(15)
|
(1)
|
(22)
|
(23)
|
(37)
|
(0)
|
(11)
|
(7)
|
16
|
19
|
(4)
|
(2)
|
3
|
14
|
3
|
2
|
(7)
|
10
|
(12)
|
(15)
|
(20)
|
25
|
(7)
|
(3)
|
3
|
|
Operating Income |
70
N/A
|
70
0%
|
66
-5%
|
62
-7%
|
57
-7%
|
49
-14%
|
47
-4%
|
37
-22%
|
31
-17%
|
12
-63%
|
22
+87%
|
29
+36%
|
34
+15%
|
61
+83%
|
65
+5%
|
64
-2%
|
66
+3%
|
63
-3%
|
71
+13%
|
77
+7%
|
90
+17%
|
97
+9%
|
130
+34%
|
161
+24%
|
178
+10%
|
187
+5%
|
187
0%
|
198
+6%
|
237
+20%
|
248
+5%
|
273
+10%
|
280
+2%
|
314
+12%
|
291
-7%
|
305
+5%
|
276
-10%
|
253
-8%
|
259
+3%
|
256
-1%
|
280
+9%
|
276
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
3
|
7
|
7
|
7
|
9
|
7
|
7
|
6
|
5
|
1
|
(4)
|
(7)
|
(11)
|
(15)
|
(13)
|
(10)
|
2
|
2
|
4
|
1
|
(0)
|
2
|
2
|
7
|
5
|
1
|
3
|
(1)
|
(1)
|
6
|
3
|
6
|
4
|
1
|
(0)
|
(3)
|
(2)
|
1
|
(4)
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
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
|
5
|
5
|
6
|
4
|
4
|
3
|
3
|
2
|
3
|
3
|
6
|
7
|
12
|
13
|
13
|
9
|
9
|
12
|
14
|
22
|
19
|
14
|
9
|
(1)
|
(8)
|
(8)
|
(8)
|
2
|
1
|
1
|
1
|
(3)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(4)
|
|
Pre-Tax Income |
79
N/A
|
77
-2%
|
78
+1%
|
74
-5%
|
69
-6%
|
62
-10%
|
59
-6%
|
47
-20%
|
39
-17%
|
19
-51%
|
25
+31%
|
29
+13%
|
33
+14%
|
62
+90%
|
62
0%
|
64
+3%
|
69
+8%
|
74
+7%
|
83
+12%
|
93
+12%
|
105
+13%
|
118
+13%
|
151
+28%
|
176
+17%
|
193
+9%
|
191
-1%
|
179
-6%
|
193
+7%
|
228
+18%
|
249
+9%
|
280
+12%
|
285
+2%
|
321
+13%
|
297
-7%
|
306
+3%
|
276
-10%
|
250
-10%
|
256
+2%
|
256
+0%
|
274
+7%
|
274
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(8)
|
(8)
|
(6)
|
(5)
|
(3)
|
(4)
|
(5)
|
(5)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(13)
|
(16)
|
(19)
|
(15)
|
(19)
|
(21)
|
(20)
|
(19)
|
(17)
|
(18)
|
(25)
|
(33)
|
(39)
|
(38)
|
(53)
|
(44)
|
(45)
|
(43)
|
(30)
|
(28)
|
(26)
|
(25)
|
(24)
|
|
Income from Continuing Operations |
67
|
66
|
67
|
64
|
60
|
54
|
51
|
42
|
34
|
17
|
21
|
24
|
28
|
52
|
52
|
53
|
57
|
62
|
70
|
77
|
86
|
103
|
132
|
155
|
173
|
172
|
163
|
174
|
203
|
216
|
241
|
246
|
267
|
253
|
261
|
233
|
219
|
228
|
230
|
249
|
250
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
67
N/A
|
66
-2%
|
67
+1%
|
64
-5%
|
60
-6%
|
54
-10%
|
51
-5%
|
42
-19%
|
34
-18%
|
17
-51%
|
21
+27%
|
24
+13%
|
28
+17%
|
52
+85%
|
52
+1%
|
53
+2%
|
57
+8%
|
62
+9%
|
70
+12%
|
77
+10%
|
86
+12%
|
103
+20%
|
132
+27%
|
155
+18%
|
173
+12%
|
172
0%
|
163
-6%
|
174
+7%
|
203
+16%
|
216
+7%
|
241
+12%
|
246
+2%
|
267
+9%
|
253
-5%
|
261
+3%
|
233
-11%
|
219
-6%
|
228
+4%
|
230
+1%
|
249
+8%
|
250
+1%
|
|
EPS (Diluted) |
0.17
N/A
|
0.16
-6%
|
0.17
+6%
|
0.16
-6%
|
0.15
-6%
|
0.13
-13%
|
0.12
-8%
|
0.1
-17%
|
0.08
-20%
|
0.04
-50%
|
0.05
+25%
|
0.05
N/A
|
0.06
+20%
|
0.12
+100%
|
0.11
-8%
|
0.11
N/A
|
0.12
+9%
|
0.13
+8%
|
0.15
+15%
|
0.17
+13%
|
0.18
+6%
|
0.21
+17%
|
0.27
+29%
|
0.31
+15%
|
0.35
+13%
|
0.35
N/A
|
0.32
-9%
|
0.35
+9%
|
0.41
+17%
|
0.44
+7%
|
0.5
+14%
|
0.51
+2%
|
0.55
+8%
|
0.52
-5%
|
0.53
+2%
|
0.47
-11%
|
0.43
-9%
|
0.45
+5%
|
0.45
N/A
|
0.49
+9%
|
0.5
+2%
|