ZheJiang RIFA Precision Machinery Co Ltd
SZSE:002520
Income Statement
Earnings Waterfall
ZheJiang RIFA Precision Machinery Co Ltd
Revenue
|
2.1B
CNY
|
Cost of Revenue
|
-1.7B
CNY
|
Gross Profit
|
414.7m
CNY
|
Operating Expenses
|
-523.4m
CNY
|
Operating Income
|
-108.8m
CNY
|
Other Expenses
|
-331.5m
CNY
|
Net Income
|
-440.2m
CNY
|
Income Statement
ZheJiang RIFA Precision Machinery 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 |
252
N/A
|
247
-2%
|
276
+12%
|
310
+12%
|
332
+7%
|
552
+66%
|
604
+10%
|
674
+12%
|
753
+12%
|
768
+2%
|
796
+4%
|
863
+8%
|
871
+1%
|
784
-10%
|
847
+8%
|
883
+4%
|
938
+6%
|
1 551
+65%
|
1 741
+12%
|
1 958
+12%
|
2 235
+14%
|
1 969
-12%
|
2 013
+2%
|
2 131
+6%
|
2 139
+0%
|
2 160
+1%
|
2 154
0%
|
1 968
-9%
|
1 863
-5%
|
1 915
+3%
|
1 922
+0%
|
1 978
+3%
|
2 116
+7%
|
2 185
+3%
|
2 246
+3%
|
2 235
0%
|
2 192
-2%
|
2 139
-2%
|
1 978
-8%
|
2 029
+3%
|
2 070
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(182)
|
(173)
|
(192)
|
(208)
|
(216)
|
(346)
|
(366)
|
(409)
|
(450)
|
(489)
|
(514)
|
(550)
|
(562)
|
(501)
|
(556)
|
(575)
|
(635)
|
(989)
|
(1 111)
|
(1 264)
|
(1 430)
|
(1 248)
|
(1 258)
|
(1 351)
|
(1 362)
|
(1 405)
|
(1 402)
|
(1 251)
|
(1 159)
|
(1 240)
|
(1 244)
|
(1 303)
|
(1 427)
|
(1 480)
|
(1 568)
|
(1 585)
|
(1 564)
|
(1 587)
|
(1 522)
|
(1 584)
|
(1 655)
|
|
Gross Profit |
70
N/A
|
75
+7%
|
84
+12%
|
101
+21%
|
116
+14%
|
205
+78%
|
238
+16%
|
265
+11%
|
303
+14%
|
279
-8%
|
282
+1%
|
313
+11%
|
309
-1%
|
283
-8%
|
291
+3%
|
309
+6%
|
303
-2%
|
562
+86%
|
630
+12%
|
694
+10%
|
805
+16%
|
721
-10%
|
755
+5%
|
780
+3%
|
777
0%
|
755
-3%
|
752
0%
|
717
-5%
|
704
-2%
|
675
-4%
|
678
+0%
|
676
0%
|
689
+2%
|
705
+2%
|
678
-4%
|
650
-4%
|
628
-3%
|
553
-12%
|
456
-17%
|
445
-2%
|
415
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(57)
|
(66)
|
(66)
|
(76)
|
(87)
|
(142)
|
(173)
|
(201)
|
(234)
|
(227)
|
(224)
|
(251)
|
(256)
|
(233)
|
(248)
|
(255)
|
(249)
|
(409)
|
(431)
|
(463)
|
(514)
|
(456)
|
(476)
|
(480)
|
(491)
|
(474)
|
(477)
|
(465)
|
(446)
|
(420)
|
(450)
|
(420)
|
(433)
|
(464)
|
(532)
|
(568)
|
(2 008)
|
(445)
|
(1 956)
|
(1 956)
|
(523)
|
|
Selling, General & Administrative |
(53)
|
(53)
|
(54)
|
(59)
|
(67)
|
(109)
|
(160)
|
(193)
|
(228)
|
(168)
|
(219)
|
(242)
|
(247)
|
(162)
|
(233)
|
(236)
|
(224)
|
(309)
|
(364)
|
(390)
|
(423)
|
(362)
|
(364)
|
(375)
|
(393)
|
(378)
|
(401)
|
(387)
|
(370)
|
(330)
|
(352)
|
(328)
|
(348)
|
(361)
|
(396)
|
(418)
|
(431)
|
(377)
|
(359)
|
(357)
|
(349)
|
|
Research & Development |
0
|
(10)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
(8)
|
(80)
|
(74)
|
(81)
|
(85)
|
(86)
|
(88)
|
(93)
|
(99)
|
(89)
|
(89)
|
(85)
|
(83)
|
(77)
|
(75)
|
(88)
|
(87)
|
(90)
|
(93)
|
(95)
|
(100)
|
(62)
|
(51)
|
(49)
|
(42)
|
|
Depreciation & Amortization |
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(0)
|
(12)
|
(17)
|
(20)
|
(1)
|
(13)
|
(8)
|
(6)
|
(1)
|
(4)
|
(9)
|
(9)
|
(1)
|
(17)
|
(20)
|
(17)
|
7
|
7
|
8
|
(6)
|
22
|
(24)
|
(12)
|
0
|
21
|
13
|
6
|
6
|
13
|
(22)
|
(4)
|
2
|
26
|
(42)
|
(54)
|
(1 477)
|
24
|
(1 547)
|
(1 550)
|
(132)
|
|
Operating Income |
13
N/A
|
9
-33%
|
18
+108%
|
25
+41%
|
29
+17%
|
64
+119%
|
65
+2%
|
64
-2%
|
69
+8%
|
52
-24%
|
59
+12%
|
61
+5%
|
53
-14%
|
50
-6%
|
43
-14%
|
53
+25%
|
54
+1%
|
153
+184%
|
199
+30%
|
231
+16%
|
291
+26%
|
265
-9%
|
279
+5%
|
300
+7%
|
285
-5%
|
281
-2%
|
275
-2%
|
252
-8%
|
258
+2%
|
254
-2%
|
228
-10%
|
256
+12%
|
256
0%
|
241
-6%
|
146
-40%
|
82
-44%
|
(1 380)
N/A
|
107
N/A
|
(1 500)
N/A
|
(1 511)
-1%
|
(109)
+93%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
0
|
(2)
|
(3)
|
(4)
|
(8)
|
(13)
|
(16)
|
(18)
|
(7)
|
(6)
|
1
|
7
|
9
|
9
|
13
|
12
|
(34)
|
(39)
|
(39)
|
(57)
|
(19)
|
(36)
|
(53)
|
(54)
|
(60)
|
(69)
|
(73)
|
(78)
|
(86)
|
(76)
|
(81)
|
(74)
|
(77)
|
(85)
|
(74)
|
(72)
|
(83)
|
(380)
|
(389)
|
(382)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
1
|
2
|
1
|
0
|
0
|
(8)
|
0
|
4
|
4
|
4
|
0
|
1
|
1
|
(30)
|
0
|
(0)
|
(0)
|
(73)
|
0
|
(0)
|
0
|
(1 845)
|
(2)
|
(2)
|
(2)
|
|
Gain/Loss on Disposition of Assets |
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
|
|
Total Other Income |
8
|
2
|
2
|
2
|
7
|
5
|
6
|
10
|
3
|
7
|
6
|
4
|
4
|
6
|
10
|
9
|
9
|
1
|
5
|
4
|
4
|
4
|
2
|
(0)
|
(4)
|
7
|
11
|
11
|
14
|
8
|
9
|
9
|
11
|
(7)
|
(8)
|
(7)
|
(7)
|
3
|
2
|
3
|
2
|
|
Pre-Tax Income |
23
N/A
|
11
-53%
|
18
+68%
|
24
+35%
|
32
+31%
|
61
+90%
|
58
-5%
|
58
+0%
|
55
-5%
|
52
-6%
|
59
+15%
|
66
+11%
|
63
-4%
|
69
+9%
|
62
-10%
|
75
+21%
|
75
+0%
|
123
+64%
|
165
+35%
|
196
+18%
|
239
+22%
|
242
+1%
|
246
+2%
|
250
+2%
|
232
-7%
|
231
0%
|
217
-6%
|
191
-12%
|
194
+1%
|
147
-24%
|
162
+10%
|
184
+14%
|
193
+5%
|
85
-56%
|
53
-38%
|
2
-96%
|
(1 458)
N/A
|
(1 818)
-25%
|
(1 880)
-3%
|
(1 899)
-1%
|
(490)
+74%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(10)
|
(8)
|
(8)
|
(7)
|
(6)
|
(8)
|
(8)
|
(7)
|
(16)
|
(14)
|
(18)
|
(19)
|
(48)
|
(63)
|
(67)
|
(93)
|
(54)
|
(56)
|
(65)
|
(48)
|
(54)
|
(51)
|
(46)
|
(44)
|
(39)
|
(38)
|
(38)
|
(44)
|
(34)
|
(29)
|
(16)
|
235
|
289
|
297
|
289
|
51
|
|
Income from Continuing Operations |
18
|
7
|
14
|
19
|
25
|
51
|
49
|
50
|
48
|
46
|
51
|
58
|
56
|
53
|
48
|
57
|
56
|
75
|
103
|
129
|
145
|
188
|
190
|
185
|
183
|
177
|
165
|
145
|
150
|
108
|
123
|
146
|
148
|
51
|
24
|
(14)
|
(1 223)
|
(1 529)
|
(1 582)
|
(1 610)
|
(439)
|
|
Income to Minority Interest |
1
|
1
|
1
|
1
|
0
|
(2)
|
(4)
|
(5)
|
(5)
|
(6)
|
(11)
|
(16)
|
(16)
|
(12)
|
(5)
|
(3)
|
(2)
|
(16)
|
(22)
|
(24)
|
(28)
|
(37)
|
(33)
|
(26)
|
(22)
|
(1)
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
19
N/A
|
8
-57%
|
15
+78%
|
20
+35%
|
25
+27%
|
49
+94%
|
46
-6%
|
45
-1%
|
42
-6%
|
40
-6%
|
41
+3%
|
42
+4%
|
40
-5%
|
41
+2%
|
43
+4%
|
53
+25%
|
54
+1%
|
59
+9%
|
81
+37%
|
105
+29%
|
117
+12%
|
151
+29%
|
157
+4%
|
159
+1%
|
161
+1%
|
176
+9%
|
166
-6%
|
146
-12%
|
151
+3%
|
108
-29%
|
123
+14%
|
146
+18%
|
148
+2%
|
51
-66%
|
24
-53%
|
(14)
N/A
|
(1 223)
-8 693%
|
(1 530)
-25%
|
(1 583)
-4%
|
(1 612)
-2%
|
(440)
+73%
|
|
EPS (Diluted) |
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.04
+33%
|
0.05
+25%
|
0.1
+100%
|
0.09
-10%
|
0.09
N/A
|
0.09
N/A
|
0.08
-11%
|
0.08
N/A
|
0.07
-13%
|
0.06
-14%
|
0.07
+17%
|
0.07
N/A
|
0.09
+29%
|
0.09
N/A
|
0.11
+22%
|
0.14
+27%
|
0.1
-29%
|
0.17
+70%
|
0.27
+59%
|
0.2
-26%
|
0.21
+5%
|
0.21
N/A
|
0.23
+10%
|
0.22
-4%
|
0.19
-14%
|
0.2
+5%
|
0.14
-30%
|
0.16
+14%
|
0.19
+19%
|
0.19
N/A
|
0.07
-63%
|
0.02
-71%
|
-0.01
N/A
|
-1.44
-14 300%
|
-1.82
-26%
|
-1.97
-8%
|
-2.01
-2%
|
-0.54
+73%
|