Tianshan Aluminum Group Co Ltd
SZSE:002532
Income Statement
Earnings Waterfall
Tianshan Aluminum Group Co Ltd
Revenue
|
29B
CNY
|
Cost of Revenue
|
-24.9B
CNY
|
Gross Profit
|
4.1B
CNY
|
Operating Expenses
|
-685.8m
CNY
|
Operating Income
|
3.4B
CNY
|
Other Expenses
|
-1.2B
CNY
|
Net Income
|
2.2B
CNY
|
Income Statement
Tianshan Aluminum Group 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 |
1 127
N/A
|
1 158
+3%
|
1 133
-2%
|
1 130
0%
|
1 145
+1%
|
1 136
-1%
|
1 162
+2%
|
1 194
+3%
|
1 146
-4%
|
1 164
+2%
|
1 175
+1%
|
1 162
-1%
|
1 318
+13%
|
1 369
+4%
|
1 425
+4%
|
1 484
+4%
|
1 507
+2%
|
1 515
+1%
|
1 528
+1%
|
1 532
+0%
|
1 499
-2%
|
1 516
+1%
|
16 546
+991%
|
24 318
+47%
|
32 587
+34%
|
32 539
0%
|
28 642
-12%
|
27 921
-3%
|
27 460
-2%
|
34 009
+24%
|
30 279
-11%
|
29 984
-1%
|
28 745
-4%
|
31 181
+8%
|
31 210
+0%
|
31 682
+2%
|
33 008
+4%
|
30 699
-7%
|
30 687
0%
|
30 623
0%
|
28 975
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(849)
|
(877)
|
(851)
|
(849)
|
(856)
|
(847)
|
(864)
|
(890)
|
(840)
|
(847)
|
(852)
|
(835)
|
(947)
|
(994)
|
(1 030)
|
(1 077)
|
(1 081)
|
(1 102)
|
(1 127)
|
(1 119)
|
(1 063)
|
(1 089)
|
(15 050)
|
(22 126)
|
(29 296)
|
(29 240)
|
(25 224)
|
(24 203)
|
(23 705)
|
(29 508)
|
(25 296)
|
(24 163)
|
(22 188)
|
(24 616)
|
(25 052)
|
(26 684)
|
(27 962)
|
(27 102)
|
(27 601)
|
(27 214)
|
(24 889)
|
|
Gross Profit |
276
N/A
|
280
+1%
|
282
+1%
|
282
N/A
|
290
+3%
|
291
+0%
|
300
+3%
|
305
+2%
|
307
+1%
|
317
+3%
|
323
+2%
|
327
+1%
|
370
+13%
|
373
+1%
|
393
+5%
|
404
+3%
|
426
+5%
|
412
-3%
|
400
-3%
|
413
+3%
|
436
+6%
|
427
-2%
|
1 496
+250%
|
2 193
+47%
|
3 291
+50%
|
3 299
+0%
|
3 418
+4%
|
3 717
+9%
|
3 755
+1%
|
4 501
+20%
|
4 983
+11%
|
5 821
+17%
|
6 557
+13%
|
6 565
+0%
|
6 158
-6%
|
4 998
-19%
|
5 046
+1%
|
3 597
-29%
|
3 086
-14%
|
3 409
+10%
|
4 085
+20%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(181)
|
(182)
|
(186)
|
(194)
|
(197)
|
(200)
|
(204)
|
(202)
|
(211)
|
(211)
|
(209)
|
(223)
|
(254)
|
(251)
|
(264)
|
(259)
|
(286)
|
(272)
|
(266)
|
(274)
|
(276)
|
(270)
|
(471)
|
(543)
|
(510)
|
(461)
|
(402)
|
(411)
|
(743)
|
(214)
|
(58)
|
1
|
(795)
|
(309)
|
(332)
|
(348)
|
(941)
|
(257)
|
(193)
|
(217)
|
(686)
|
|
Selling, General & Administrative |
(171)
|
(175)
|
(181)
|
(188)
|
(140)
|
(196)
|
(198)
|
(196)
|
(150)
|
(203)
|
(203)
|
(215)
|
(194)
|
(246)
|
(263)
|
(263)
|
(222)
|
(279)
|
(268)
|
(260)
|
(205)
|
(219)
|
(446)
|
(536)
|
(601)
|
(657)
|
(587)
|
(600)
|
(642)
|
(274)
|
(97)
|
(31)
|
(709)
|
(306)
|
(333)
|
(325)
|
(757)
|
(323)
|
(337)
|
(355)
|
(786)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
(14)
|
(51)
|
(46)
|
0
|
0
|
(12)
|
(19)
|
0
|
(36)
|
(42)
|
(42)
|
(64)
|
(95)
|
(160)
|
(189)
|
(189)
|
(170)
|
(242)
|
(259)
|
(286)
|
(309)
|
(217)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(41)
|
|
Other Operating Expenses |
(10)
|
(8)
|
(6)
|
(6)
|
(1)
|
(4)
|
(6)
|
(5)
|
(1)
|
(6)
|
(6)
|
(6)
|
(1)
|
(4)
|
(1)
|
5
|
8
|
7
|
2
|
(1)
|
4
|
(6)
|
(25)
|
(7)
|
135
|
217
|
185
|
226
|
(22)
|
101
|
103
|
127
|
119
|
186
|
190
|
147
|
100
|
325
|
430
|
448
|
359
|
|
Operating Income |
97
N/A
|
99
+2%
|
96
-3%
|
87
-9%
|
93
+7%
|
90
-3%
|
95
+6%
|
103
+8%
|
95
-8%
|
106
+12%
|
115
+8%
|
105
-9%
|
117
+11%
|
124
+6%
|
130
+5%
|
147
+13%
|
140
-5%
|
141
+1%
|
135
-4%
|
139
+3%
|
160
+15%
|
157
-2%
|
1 025
+553%
|
1 649
+61%
|
2 781
+69%
|
2 838
+2%
|
3 016
+6%
|
3 307
+10%
|
3 012
-9%
|
4 287
+42%
|
4 925
+15%
|
5 823
+18%
|
5 762
-1%
|
6 256
+9%
|
5 826
-7%
|
4 650
-20%
|
4 105
-12%
|
3 340
-19%
|
2 893
-13%
|
3 192
+10%
|
3 400
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
41
|
26
|
11
|
4
|
(6)
|
8
|
11
|
13
|
15
|
13
|
12
|
3
|
6
|
23
|
46
|
44
|
(7)
|
12
|
(11)
|
(4)
|
4
|
0
|
(427)
|
(766)
|
(875)
|
(907)
|
(843)
|
(737)
|
(620)
|
(915)
|
(773)
|
(774)
|
(816)
|
(896)
|
(872)
|
(823)
|
(758)
|
(784)
|
(782)
|
(801)
|
(758)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
41
|
(3)
|
(3)
|
(4)
|
(10)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(3)
|
14
|
14
|
13
|
16
|
(0)
|
(3)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
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 |
11
|
10
|
23
|
25
|
20
|
20
|
19
|
16
|
21
|
21
|
8
|
8
|
5
|
4
|
(11)
|
(13)
|
1
|
(22)
|
(7)
|
(5)
|
3
|
1
|
7
|
9
|
14
|
15
|
11
|
9
|
5
|
7
|
5
|
5
|
3
|
1
|
4
|
3
|
6
|
4
|
4
|
4
|
13
|
|
Pre-Tax Income |
147
N/A
|
133
-10%
|
129
-3%
|
115
-11%
|
107
-7%
|
117
+9%
|
124
+6%
|
132
+6%
|
132
N/A
|
141
+7%
|
136
-4%
|
117
-14%
|
127
+9%
|
153
+20%
|
167
+9%
|
179
+7%
|
155
-13%
|
128
-17%
|
114
-11%
|
126
+11%
|
157
+25%
|
155
-1%
|
603
+289%
|
891
+48%
|
1 920
+115%
|
1 945
+1%
|
2 183
+12%
|
2 578
+18%
|
2 397
-7%
|
3 378
+41%
|
4 155
+23%
|
5 053
+22%
|
4 946
-2%
|
5 359
+8%
|
4 972
-7%
|
3 845
-23%
|
3 366
-12%
|
2 576
-23%
|
2 115
-18%
|
2 392
+13%
|
2 652
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(22)
|
(19)
|
(16)
|
(14)
|
(12)
|
(15)
|
(15)
|
(16)
|
(20)
|
(20)
|
(17)
|
(20)
|
(21)
|
(25)
|
(26)
|
(22)
|
(20)
|
(14)
|
(17)
|
(25)
|
(24)
|
(98)
|
(174)
|
(419)
|
(423)
|
(471)
|
(548)
|
(484)
|
(693)
|
(914)
|
(1 135)
|
(1 113)
|
(1 238)
|
(1 117)
|
(839)
|
(715)
|
(526)
|
(446)
|
(508)
|
(446)
|
|
Income from Continuing Operations |
123
|
111
|
110
|
100
|
93
|
105
|
109
|
116
|
116
|
121
|
116
|
99
|
107
|
131
|
141
|
153
|
133
|
108
|
100
|
109
|
132
|
132
|
506
|
718
|
1 501
|
1 523
|
1 713
|
2 031
|
1 912
|
2 685
|
3 241
|
3 918
|
3 833
|
4 120
|
3 854
|
3 006
|
2 651
|
2 050
|
1 669
|
1 884
|
2 206
|
|
Income to Minority Interest |
(1)
|
0
|
(5)
|
(4)
|
(6)
|
(6)
|
(1)
|
(2)
|
2
|
2
|
5
|
7
|
9
|
7
|
3
|
(1)
|
(4)
|
(3)
|
(1)
|
2
|
(1)
|
1
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(1)
|
(0)
|
0
|
(2)
|
(2)
|
(1)
|
(0)
|
(2)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
121
N/A
|
111
-8%
|
105
-5%
|
95
-10%
|
88
-7%
|
99
+13%
|
108
+9%
|
115
+6%
|
118
+3%
|
122
+3%
|
120
-2%
|
106
-12%
|
117
+10%
|
138
+18%
|
144
+4%
|
151
+5%
|
130
-14%
|
105
-19%
|
99
-6%
|
111
+12%
|
131
+18%
|
132
+1%
|
504
+282%
|
716
+42%
|
1 501
+110%
|
1 523
+1%
|
1 712
+12%
|
2 030
+19%
|
1 912
-6%
|
2 682
+40%
|
3 241
+21%
|
3 919
+21%
|
3 833
-2%
|
4 118
+7%
|
3 853
-6%
|
3 004
-22%
|
2 650
-12%
|
2 048
-23%
|
1 668
-19%
|
1 884
+13%
|
2 205
+17%
|
|
EPS (Diluted) |
0.23
N/A
|
0.21
-9%
|
0.2
-5%
|
0.18
-10%
|
0.17
-6%
|
0.19
+12%
|
0.21
+11%
|
0.22
+5%
|
0.23
+5%
|
0.23
N/A
|
0.22
-4%
|
0.2
-9%
|
0.23
+15%
|
0.27
+17%
|
0.29
+7%
|
0.3
+3%
|
0.25
-17%
|
0.21
-16%
|
0.19
-10%
|
0.22
+16%
|
0.26
+18%
|
0.26
N/A
|
0.14
-46%
|
0.19
+36%
|
0.44
+132%
|
3.02
+586%
|
0.49
-84%
|
0.53
+8%
|
0.51
-4%
|
0.57
+12%
|
0.69
+21%
|
0.86
+25%
|
0.82
-5%
|
0.89
+9%
|
0.83
-7%
|
0.84
+1%
|
0.57
-32%
|
0.44
-23%
|
0.36
-18%
|
0.41
+14%
|
0.48
+17%
|