Ganfeng Lithium Co Ltd
SZSE:002460
Income Statement
Earnings Waterfall
Ganfeng Lithium Co Ltd
Revenue
|
33B
CNY
|
Cost of Revenue
|
-30B
CNY
|
Gross Profit
|
2.9B
CNY
|
Operating Expenses
|
-457.3m
CNY
|
Operating Income
|
2.5B
CNY
|
Other Expenses
|
2.5B
CNY
|
Net Income
|
4.9B
CNY
|
Income Statement
Ganfeng Lithium Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
686
N/A
|
707
+3%
|
764
+8%
|
819
+7%
|
870
+6%
|
921
+6%
|
1 007
+9%
|
1 107
+10%
|
1 354
+22%
|
1 788
+32%
|
2 153
+20%
|
2 509
+17%
|
2 844
+13%
|
2 806
-1%
|
3 126
+11%
|
3 664
+17%
|
4 383
+20%
|
4 808
+10%
|
5 090
+6%
|
5 135
+1%
|
5 004
-3%
|
5 284
+6%
|
5 495
+4%
|
5 621
+2%
|
5 342
-5%
|
5 091
-5%
|
4 906
-4%
|
5 024
+2%
|
5 524
+10%
|
6 052
+10%
|
7 201
+19%
|
8 685
+21%
|
11 162
+29%
|
14 921
+34%
|
21 542
+44%
|
31 720
+47%
|
41 823
+32%
|
45 895
+10%
|
45 524
-1%
|
39 893
-12%
|
32 972
-17%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(529)
|
(542)
|
(593)
|
(638)
|
(684)
|
(732)
|
(804)
|
(879)
|
(1 064)
|
(1 364)
|
(1 508)
|
(1 677)
|
(1 871)
|
(1 820)
|
(2 092)
|
(2 388)
|
(2 601)
|
(2 812)
|
(2 886)
|
(3 082)
|
(3 202)
|
(3 708)
|
(4 035)
|
(4 221)
|
(4 108)
|
(3 933)
|
(3 920)
|
(4 062)
|
(4 343)
|
(4 612)
|
(5 096)
|
(5 783)
|
(6 720)
|
(7 511)
|
(9 943)
|
(14 598)
|
(21 175)
|
(25 600)
|
(29 770)
|
(30 374)
|
(30 033)
|
|
Gross Profit |
158
N/A
|
165
+4%
|
172
+4%
|
181
+5%
|
186
+3%
|
190
+2%
|
203
+7%
|
229
+13%
|
290
+27%
|
424
+46%
|
645
+52%
|
832
+29%
|
973
+17%
|
987
+1%
|
1 035
+5%
|
1 276
+23%
|
1 782
+40%
|
1 997
+12%
|
2 204
+10%
|
2 054
-7%
|
1 802
-12%
|
1 576
-13%
|
1 460
-7%
|
1 400
-4%
|
1 234
-12%
|
1 158
-6%
|
986
-15%
|
962
-2%
|
1 182
+23%
|
1 440
+22%
|
2 105
+46%
|
2 902
+38%
|
4 442
+53%
|
7 410
+67%
|
11 599
+57%
|
17 122
+48%
|
20 647
+21%
|
20 296
-2%
|
15 754
-22%
|
9 519
-40%
|
2 938
-69%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(73)
|
(73)
|
(77)
|
(82)
|
(91)
|
(90)
|
(94)
|
(101)
|
(121)
|
(151)
|
(178)
|
(185)
|
(186)
|
(399)
|
(343)
|
(346)
|
(302)
|
(209)
|
(238)
|
(235)
|
(306)
|
(294)
|
(452)
|
(476)
|
(422)
|
(431)
|
(370)
|
(393)
|
(334)
|
(422)
|
(442)
|
(644)
|
(896)
|
(1 123)
|
(1 449)
|
(1 772)
|
(1 961)
|
(3 375)
|
(2 545)
|
(2 274)
|
(457)
|
|
Selling, General & Administrative |
(70)
|
(70)
|
(75)
|
(79)
|
(70)
|
(88)
|
(92)
|
(99)
|
(90)
|
(124)
|
(140)
|
(146)
|
(146)
|
(161)
|
(166)
|
(169)
|
(242)
|
(274)
|
(313)
|
(317)
|
(377)
|
(340)
|
(438)
|
(453)
|
(375)
|
(353)
|
(280)
|
(313)
|
(242)
|
(332)
|
(309)
|
(413)
|
(574)
|
(681)
|
(757)
|
(761)
|
(1 436)
|
(1 074)
|
(1 169)
|
(1 322)
|
(1 245)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
(8)
|
(38)
|
(21)
|
(36)
|
(44)
|
(55)
|
(68)
|
(72)
|
(74)
|
(69)
|
(83)
|
(90)
|
(103)
|
(124)
|
(155)
|
(185)
|
(263)
|
(312)
|
(514)
|
(779)
|
(1 090)
|
(973)
|
(1 188)
|
(1 120)
|
(997)
|
(1 212)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(107)
|
|
Other Operating Expenses |
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
0
|
(2)
|
(3)
|
(1)
|
(26)
|
(38)
|
(39)
|
(2)
|
(238)
|
(177)
|
(169)
|
(5)
|
86
|
111
|
126
|
156
|
114
|
57
|
51
|
53
|
6
|
0
|
22
|
79
|
64
|
52
|
32
|
56
|
71
|
88
|
79
|
526
|
(1 113)
|
(256)
|
45
|
2 106
|
|
Operating Income |
85
N/A
|
91
+8%
|
94
+3%
|
99
+5%
|
94
-5%
|
100
+6%
|
109
+9%
|
127
+16%
|
168
+32%
|
273
+62%
|
468
+71%
|
647
+38%
|
787
+22%
|
587
-25%
|
692
+18%
|
930
+34%
|
1 480
+59%
|
1 788
+21%
|
1 966
+10%
|
1 818
-8%
|
1 496
-18%
|
1 282
-14%
|
1 007
-21%
|
924
-8%
|
812
-12%
|
727
-10%
|
616
-15%
|
569
-8%
|
847
+49%
|
1 018
+20%
|
1 664
+63%
|
2 258
+36%
|
3 546
+57%
|
6 287
+77%
|
10 150
+61%
|
15 350
+51%
|
18 686
+22%
|
16 921
-9%
|
13 209
-22%
|
7 245
-45%
|
2 481
-66%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(8)
|
(10)
|
(11)
|
(2)
|
(3)
|
(4)
|
(10)
|
(17)
|
(23)
|
(24)
|
(0)
|
(16)
|
(1)
|
187
|
179
|
45
|
113
|
(38)
|
(65)
|
(125)
|
84
|
(90)
|
(254)
|
(301)
|
(515)
|
(330)
|
(103)
|
390
|
626
|
919
|
1 286
|
2 143
|
2 901
|
2 321
|
4 750
|
4 078
|
4 189
|
7 335
|
4 598
|
2 559
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(202)
|
(7)
|
(7)
|
(10)
|
230
|
(3)
|
(3)
|
0
|
(1)
|
(1)
|
(9)
|
(12)
|
(35)
|
(13)
|
(5)
|
(3)
|
(109)
|
0
|
0
|
1
|
23
|
0
|
0
|
4
|
(17)
|
5
|
5
|
2
|
171
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
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 |
8
|
6
|
5
|
10
|
12
|
12
|
12
|
14
|
22
|
(2)
|
(27)
|
(33)
|
(34)
|
(9)
|
7
|
6
|
(4)
|
(20)
|
(11)
|
(12)
|
134
|
133
|
132
|
133
|
(1)
|
(0)
|
(3)
|
(2)
|
(1)
|
(7)
|
(6)
|
(13)
|
63
|
87
|
79
|
87
|
31
|
(16)
|
38
|
36
|
47
|
|
Pre-Tax Income |
86
N/A
|
89
+3%
|
90
+1%
|
99
+10%
|
101
+3%
|
109
+7%
|
117
+8%
|
132
+13%
|
150
+13%
|
248
+66%
|
416
+68%
|
614
+48%
|
534
-13%
|
570
+7%
|
879
+54%
|
1 104
+26%
|
1 738
+57%
|
1 878
+8%
|
1 914
+2%
|
1 742
-9%
|
1 505
-14%
|
1 499
0%
|
1 042
-30%
|
790
-24%
|
475
-40%
|
199
-58%
|
278
+40%
|
461
+66%
|
1 127
+144%
|
1 637
+45%
|
2 577
+57%
|
3 532
+37%
|
5 774
+63%
|
9 274
+61%
|
12 550
+35%
|
20 191
+61%
|
22 779
+13%
|
21 099
-7%
|
20 587
-2%
|
11 881
-42%
|
5 259
-56%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(17)
|
(17)
|
(17)
|
(20)
|
(17)
|
(20)
|
(20)
|
(22)
|
(25)
|
(40)
|
(64)
|
(88)
|
(69)
|
(75)
|
(85)
|
(121)
|
(270)
|
(308)
|
(328)
|
(304)
|
(163)
|
(142)
|
(129)
|
(92)
|
(121)
|
(93)
|
(64)
|
(102)
|
(64)
|
(85)
|
(207)
|
(261)
|
(357)
|
(791)
|
(1 246)
|
(2 329)
|
(2 318)
|
(2 034)
|
(1 630)
|
(528)
|
(683)
|
|
Income from Continuing Operations |
70
|
72
|
73
|
79
|
84
|
89
|
97
|
110
|
125
|
208
|
352
|
526
|
465
|
494
|
794
|
983
|
1 469
|
1 570
|
1 587
|
1 438
|
1 342
|
1 357
|
912
|
698
|
353
|
106
|
214
|
360
|
1 064
|
1 552
|
2 370
|
3 271
|
5 417
|
8 483
|
11 304
|
17 862
|
20 461
|
19 065
|
18 957
|
11 353
|
4 575
|
|
Income to Minority Interest |
5
|
5
|
6
|
2
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
0
|
5
|
7
|
5
|
0
|
(39)
|
(59)
|
(85)
|
(104)
|
(188)
|
(206)
|
(239)
|
(312)
|
43
|
311
|
143
|
366
|
372
|
|
Net Income (Common) |
74
N/A
|
76
+3%
|
79
+3%
|
81
+3%
|
86
+6%
|
90
+5%
|
98
+8%
|
111
+13%
|
125
+13%
|
209
+67%
|
352
+69%
|
526
+49%
|
464
-12%
|
493
+6%
|
794
+61%
|
982
+24%
|
1 469
+50%
|
1 571
+7%
|
1 587
+1%
|
1 438
-9%
|
1 341
-7%
|
1 356
+1%
|
912
-33%
|
698
-23%
|
358
-49%
|
113
-68%
|
219
+93%
|
359
+64%
|
1 025
+185%
|
1 493
+46%
|
2 285
+53%
|
3 167
+39%
|
5 228
+65%
|
8 277
+58%
|
11 065
+34%
|
17 550
+59%
|
20 504
+17%
|
19 375
-6%
|
19 100
-1%
|
11 719
-39%
|
4 947
-58%
|
|
EPS (Diluted) |
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.09
+13%
|
0.1
+11%
|
0.11
+10%
|
0.19
+73%
|
0.31
+63%
|
0.46
+48%
|
0.41
-11%
|
0.43
+5%
|
0.75
+74%
|
0.91
+21%
|
1.32
+45%
|
1.38
+5%
|
1.48
+7%
|
1.28
-14%
|
1.02
-20%
|
1.18
+16%
|
0.64
-46%
|
0.54
-16%
|
0.28
-48%
|
0.09
-68%
|
0.17
+89%
|
0.27
+59%
|
0.79
+193%
|
1.12
+42%
|
1.16
+4%
|
1.54
+33%
|
2.66
+73%
|
4.12
+55%
|
5.49
+33%
|
8.67
+58%
|
10.17
+17%
|
9.62
-5%
|
9.46
-2%
|
5.81
-39%
|
2.46
-58%
|