Qingdao East Steel Tower Stock Co Ltd
SZSE:002545
Income Statement
Earnings Waterfall
Qingdao East Steel Tower Stock Co Ltd
Revenue
|
3.6B
CNY
|
Cost of Revenue
|
-2.6B
CNY
|
Gross Profit
|
935.3m
CNY
|
Operating Expenses
|
-238.2m
CNY
|
Operating Income
|
697.1m
CNY
|
Other Expenses
|
-78.4m
CNY
|
Net Income
|
618.7m
CNY
|
Income Statement
Qingdao East Steel Tower Stock 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 |
1 740
N/A
|
1 696
-2%
|
1 522
-10%
|
1 294
-15%
|
1 091
-16%
|
994
-9%
|
1 021
+3%
|
1 058
+4%
|
1 157
+9%
|
1 187
+3%
|
1 288
+9%
|
1 383
+7%
|
1 435
+4%
|
1 658
+16%
|
1 740
+5%
|
1 811
+4%
|
1 966
+9%
|
2 047
+4%
|
2 002
-2%
|
2 244
+12%
|
2 176
-3%
|
2 198
+1%
|
2 215
+1%
|
2 580
+17%
|
2 437
-6%
|
2 606
+7%
|
2 738
+5%
|
2 424
-11%
|
2 803
+16%
|
2 651
-5%
|
2 624
-1%
|
2 720
+4%
|
2 741
+1%
|
2 782
+1%
|
3 244
+17%
|
3 405
+5%
|
3 509
+3%
|
3 616
+3%
|
3 444
-5%
|
3 361
-2%
|
3 569
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 331)
|
(1 275)
|
(1 143)
|
(968)
|
(811)
|
(761)
|
(803)
|
(844)
|
(909)
|
(933)
|
(1 021)
|
(1 070)
|
(1 106)
|
(1 264)
|
(1 340)
|
(1 357)
|
(1 438)
|
(1 397)
|
(1 357)
|
(1 511)
|
(1 452)
|
(1 403)
|
(1 435)
|
(1 719)
|
(1 627)
|
(1 937)
|
(2 061)
|
(1 885)
|
(2 210)
|
(2 160)
|
(2 156)
|
(2 230)
|
(2 171)
|
(2 090)
|
(2 371)
|
(2 326)
|
(2 334)
|
(2 346)
|
(2 242)
|
(2 328)
|
(2 634)
|
|
Gross Profit |
409
N/A
|
422
+3%
|
378
-10%
|
326
-14%
|
281
-14%
|
233
-17%
|
218
-6%
|
214
-2%
|
249
+16%
|
253
+2%
|
267
+5%
|
312
+17%
|
328
+5%
|
394
+20%
|
401
+2%
|
454
+13%
|
528
+16%
|
650
+23%
|
645
-1%
|
733
+14%
|
723
-1%
|
795
+10%
|
780
-2%
|
861
+10%
|
809
-6%
|
669
-17%
|
677
+1%
|
539
-20%
|
593
+10%
|
492
-17%
|
469
-5%
|
490
+5%
|
570
+16%
|
692
+21%
|
873
+26%
|
1 080
+24%
|
1 175
+9%
|
1 270
+8%
|
1 202
-5%
|
1 033
-14%
|
935
-9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(221)
|
(243)
|
(220)
|
(223)
|
(173)
|
(166)
|
(145)
|
(157)
|
(201)
|
(209)
|
(205)
|
(224)
|
(231)
|
(261)
|
(261)
|
(272)
|
(276)
|
(282)
|
(488)
|
(489)
|
(490)
|
(301)
|
(337)
|
(347)
|
(359)
|
(382)
|
(463)
|
(465)
|
(476)
|
(196)
|
(189)
|
(124)
|
(79)
|
(219)
|
(153)
|
(176)
|
(172)
|
(244)
|
(228)
|
(228)
|
(238)
|
|
Selling, General & Administrative |
(190)
|
(226)
|
(232)
|
(223)
|
(208)
|
(152)
|
(153)
|
(155)
|
(176)
|
(192)
|
(183)
|
(205)
|
(209)
|
(187)
|
(241)
|
(248)
|
(257)
|
(204)
|
(255)
|
(283)
|
(250)
|
(256)
|
(300)
|
(268)
|
(318)
|
(322)
|
(331)
|
(333)
|
(334)
|
(121)
|
(134)
|
(56)
|
(13)
|
(125)
|
(90)
|
(138)
|
(132)
|
(146)
|
(160)
|
(154)
|
(163)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
(56)
|
(42)
|
(22)
|
(46)
|
(38)
|
(54)
|
(51)
|
(58)
|
(69)
|
(51)
|
(57)
|
(61)
|
(70)
|
(60)
|
(68)
|
(52)
|
(45)
|
(66)
|
(71)
|
(78)
|
(78)
|
|
Depreciation & Amortization |
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(32)
|
(8)
|
12
|
0
|
35
|
(4)
|
8
|
(2)
|
(26)
|
(5)
|
(22)
|
(20)
|
(22)
|
(10)
|
(18)
|
(23)
|
(18)
|
1
|
(234)
|
(205)
|
(184)
|
30
|
(15)
|
(32)
|
(3)
|
25
|
(81)
|
(74)
|
(73)
|
8
|
3
|
(6)
|
4
|
(0)
|
7
|
15
|
7
|
4
|
3
|
3
|
2
|
|
Operating Income |
188
N/A
|
179
-5%
|
158
-12%
|
102
-35%
|
107
+5%
|
67
-37%
|
73
+9%
|
57
-22%
|
47
-18%
|
45
-5%
|
62
+38%
|
88
+42%
|
98
+11%
|
132
+36%
|
140
+6%
|
182
+30%
|
252
+39%
|
369
+46%
|
156
-58%
|
244
+56%
|
233
-5%
|
494
+112%
|
443
-10%
|
515
+16%
|
450
-12%
|
287
-36%
|
214
-25%
|
75
-65%
|
117
+56%
|
296
+153%
|
280
-5%
|
366
+31%
|
491
+34%
|
473
-4%
|
720
+52%
|
903
+25%
|
1 003
+11%
|
1 025
+2%
|
974
-5%
|
804
-17%
|
697
-13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
20
|
17
|
3
|
9
|
(14)
|
(5)
|
(9)
|
8
|
13
|
15
|
2
|
(1)
|
1
|
24
|
17
|
7
|
(0)
|
244
|
244
|
255
|
253
|
57
|
132
|
134
|
148
|
168
|
198
|
234
|
237
|
22
|
52
|
13
|
12
|
31
|
9
|
13
|
8
|
53
|
45
|
73
|
84
|
|
Non-Reccuring Items |
0
|
0
|
0
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(230)
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
(75)
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
1
|
1
|
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 |
(1)
|
0
|
0
|
(0)
|
0
|
0
|
2
|
2
|
1
|
3
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
4
|
4
|
4
|
4
|
(10)
|
(11)
|
(11)
|
(11)
|
21
|
22
|
21
|
20
|
(1)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
Pre-Tax Income |
207
N/A
|
196
-6%
|
162
-17%
|
125
-23%
|
94
-24%
|
62
-34%
|
65
+5%
|
67
+3%
|
61
-9%
|
63
+3%
|
66
+4%
|
90
+37%
|
100
+12%
|
157
+56%
|
158
+1%
|
190
+20%
|
253
+33%
|
384
+52%
|
401
+4%
|
501
+25%
|
488
-3%
|
591
+21%
|
578
-2%
|
652
+13%
|
603
-8%
|
369
-39%
|
402
+9%
|
297
-26%
|
343
+15%
|
358
+5%
|
354
-1%
|
400
+13%
|
524
+31%
|
500
-5%
|
726
+45%
|
914
+26%
|
1 009
+10%
|
1 076
+7%
|
1 016
-6%
|
876
-14%
|
771
-12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(31)
|
(29)
|
(22)
|
(15)
|
(10)
|
(9)
|
(10)
|
(6)
|
(6)
|
(3)
|
(2)
|
(5)
|
(4)
|
(20)
|
(18)
|
(39)
|
(63)
|
(134)
|
(146)
|
(164)
|
(155)
|
(148)
|
(140)
|
(143)
|
(121)
|
(67)
|
(77)
|
(56)
|
(63)
|
(49)
|
(43)
|
(55)
|
(97)
|
(98)
|
(171)
|
(231)
|
(247)
|
(254)
|
(226)
|
(175)
|
(152)
|
|
Income from Continuing Operations |
177
|
167
|
140
|
110
|
84
|
54
|
56
|
61
|
56
|
60
|
64
|
85
|
96
|
137
|
140
|
151
|
190
|
250
|
256
|
338
|
333
|
443
|
439
|
509
|
481
|
302
|
325
|
241
|
280
|
309
|
311
|
345
|
427
|
402
|
555
|
683
|
762
|
822
|
790
|
701
|
619
|
|
Income to Minority Interest |
1
|
2
|
1
|
2
|
2
|
0
|
(0)
|
(0)
|
2
|
0
|
0
|
(1)
|
(3)
|
(0)
|
0
|
1
|
2
|
1
|
1
|
1
|
1
|
3
|
4
|
4
|
4
|
3
|
2
|
2
|
1
|
(0)
|
(0)
|
0
|
1
|
2
|
3
|
3
|
3
|
3
|
3
|
1
|
(0)
|
|
Net Income (Common) |
177
N/A
|
169
-5%
|
141
-16%
|
112
-21%
|
86
-23%
|
54
-37%
|
55
+3%
|
61
+10%
|
57
-7%
|
61
+6%
|
64
+6%
|
84
+31%
|
93
+11%
|
137
+47%
|
141
+3%
|
152
+8%
|
192
+26%
|
251
+31%
|
257
+2%
|
339
+32%
|
334
-1%
|
447
+34%
|
442
-1%
|
513
+16%
|
486
-5%
|
305
-37%
|
328
+7%
|
243
-26%
|
280
+15%
|
309
+10%
|
311
+1%
|
345
+11%
|
429
+24%
|
404
-6%
|
558
+38%
|
686
+23%
|
766
+12%
|
825
+8%
|
793
-4%
|
702
-11%
|
619
-12%
|