Fujian Minfa Aluminium Co Ltd
SZSE:002578
Income Statement
Earnings Waterfall
Fujian Minfa Aluminium Co Ltd
Revenue
|
2.8B
CNY
|
Cost of Revenue
|
-2.7B
CNY
|
Gross Profit
|
174.3m
CNY
|
Operating Expenses
|
-129.1m
CNY
|
Operating Income
|
45.2m
CNY
|
Other Expenses
|
-5.4m
CNY
|
Net Income
|
39.9m
CNY
|
Income Statement
Fujian Minfa Aluminium 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 |
1 142
N/A
|
1 156
+1%
|
1 144
-1%
|
1 190
+4%
|
1 250
+5%
|
1 317
+5%
|
1 321
+0%
|
1 306
-1%
|
1 245
-5%
|
1 144
-8%
|
1 118
-2%
|
1 082
-3%
|
1 038
-4%
|
1 042
+0%
|
1 050
+1%
|
1 097
+4%
|
1 149
+5%
|
1 229
+7%
|
1 249
+2%
|
1 334
+7%
|
1 368
+3%
|
1 426
+4%
|
1 434
+1%
|
1 404
-2%
|
1 435
+2%
|
1 463
+2%
|
1 414
-3%
|
1 520
+7%
|
1 568
+3%
|
1 593
+2%
|
1 673
+5%
|
1 717
+3%
|
1 879
+9%
|
2 244
+19%
|
2 380
+6%
|
2 656
+12%
|
2 785
+5%
|
2 791
+0%
|
2 938
+5%
|
2 907
-1%
|
2 837
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 062)
|
(1 070)
|
(1 055)
|
(1 101)
|
(1 157)
|
(1 212)
|
(1 218)
|
(1 204)
|
(1 151)
|
(1 067)
|
(1 040)
|
(1 005)
|
(963)
|
(946)
|
(963)
|
(1 008)
|
(1 052)
|
(1 106)
|
(1 141)
|
(1 223)
|
(1 253)
|
(1 290)
|
(1 300)
|
(1 257)
|
(1 285)
|
(1 304)
|
(1 272)
|
(1 369)
|
(1 411)
|
(1 434)
|
(1 517)
|
(1 566)
|
(1 723)
|
(2 053)
|
(2 193)
|
(2 459)
|
(2 596)
|
(2 593)
|
(2 748)
|
(2 727)
|
(2 663)
|
|
Gross Profit |
80
N/A
|
86
+8%
|
89
+3%
|
89
+1%
|
93
+4%
|
104
+12%
|
103
-2%
|
102
-1%
|
94
-8%
|
77
-18%
|
79
+2%
|
77
-2%
|
76
-2%
|
97
+28%
|
88
-9%
|
89
+1%
|
97
+10%
|
123
+26%
|
108
-12%
|
111
+3%
|
115
+4%
|
137
+19%
|
134
-2%
|
146
+9%
|
150
+2%
|
159
+6%
|
143
-10%
|
151
+6%
|
157
+4%
|
159
+2%
|
155
-3%
|
151
-3%
|
156
+3%
|
190
+22%
|
187
-2%
|
197
+5%
|
189
-4%
|
198
+5%
|
190
-4%
|
180
-5%
|
174
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(41)
|
(45)
|
(47)
|
(51)
|
(54)
|
(62)
|
(61)
|
(72)
|
(76)
|
(66)
|
(67)
|
(67)
|
(64)
|
(83)
|
(73)
|
(67)
|
(71)
|
(86)
|
(72)
|
(78)
|
(81)
|
(100)
|
(97)
|
(100)
|
(98)
|
(116)
|
(102)
|
(93)
|
(88)
|
(88)
|
(78)
|
(81)
|
(94)
|
(123)
|
(111)
|
(120)
|
(124)
|
(133)
|
(132)
|
(132)
|
(129)
|
|
Selling, General & Administrative |
(40)
|
(29)
|
(46)
|
(49)
|
(53)
|
(43)
|
(60)
|
(71)
|
(74)
|
(42)
|
(67)
|
(67)
|
(64)
|
(57)
|
(72)
|
(67)
|
(65)
|
(62)
|
(70)
|
(69)
|
(72)
|
(75)
|
(77)
|
(77)
|
(81)
|
(96)
|
(84)
|
(83)
|
(78)
|
(71)
|
(69)
|
(68)
|
(73)
|
(90)
|
(84)
|
(89)
|
(89)
|
(88)
|
(92)
|
(91)
|
(89)
|
|
Research & Development |
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
(4)
|
(18)
|
0
|
0
|
(6)
|
(17)
|
(18)
|
(23)
|
(21)
|
(15)
|
(19)
|
(21)
|
(21)
|
(18)
|
(24)
|
(24)
|
(27)
|
(26)
|
(31)
|
(34)
|
(39)
|
(37)
|
(44)
|
(45)
|
(43)
|
|
Depreciation & Amortization |
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
(2)
|
(0)
|
(2)
|
2
|
(3)
|
(10)
|
(3)
|
3
|
(2)
|
(0)
|
4
|
9
|
2
|
10
|
12
|
12
|
15
|
11
|
6
|
4
|
3
|
3
|
4
|
5
|
5
|
4
|
3
|
|
Operating Income |
39
N/A
|
41
+5%
|
41
+1%
|
39
-6%
|
39
0%
|
42
+10%
|
42
-1%
|
30
-29%
|
18
-41%
|
12
-35%
|
11
-4%
|
10
-9%
|
12
+21%
|
14
+14%
|
14
+4%
|
21
+48%
|
26
+24%
|
37
+40%
|
36
-3%
|
33
-9%
|
34
+3%
|
37
+9%
|
37
0%
|
47
+27%
|
52
+10%
|
43
-17%
|
41
-5%
|
58
+41%
|
69
+19%
|
71
+3%
|
77
+8%
|
70
-10%
|
62
-11%
|
68
+9%
|
76
+12%
|
76
+1%
|
66
-14%
|
65
-2%
|
58
-11%
|
48
-17%
|
45
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
8
|
7
|
2
|
(1)
|
1
|
2
|
10
|
12
|
7
|
2
|
0
|
(1)
|
7
|
9
|
8
|
8
|
8
|
6
|
9
|
11
|
4
|
4
|
2
|
6
|
5
|
16
|
16
|
11
|
4
|
6
|
5
|
4
|
0
|
(1)
|
(1)
|
(4)
|
(3)
|
(2)
|
0
|
3
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(3)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(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
|
|
Total Other Income |
5
|
8
|
5
|
5
|
(0)
|
4
|
(2)
|
0
|
1
|
4
|
3
|
2
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(3)
|
(3)
|
(6)
|
(8)
|
(4)
|
(4)
|
(2)
|
(0)
|
|
Pre-Tax Income |
52
N/A
|
54
+4%
|
54
-1%
|
46
-14%
|
37
-19%
|
42
+14%
|
42
0%
|
40
-6%
|
31
-23%
|
22
-30%
|
15
-29%
|
12
-23%
|
11
-3%
|
20
+76%
|
23
+13%
|
28
+22%
|
34
+23%
|
44
+30%
|
40
-8%
|
40
-1%
|
43
+9%
|
41
-6%
|
41
+1%
|
49
+18%
|
56
+16%
|
53
-6%
|
54
+1%
|
71
+32%
|
79
+11%
|
73
-8%
|
79
+9%
|
72
-9%
|
64
-12%
|
65
+2%
|
72
+11%
|
69
-4%
|
53
-23%
|
58
+10%
|
51
-12%
|
46
-10%
|
48
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(8)
|
(8)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(4)
|
(7)
|
(7)
|
(8)
|
(10)
|
(9)
|
(7)
|
(7)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(10)
|
(6)
|
(8)
|
(6)
|
(3)
|
(7)
|
(6)
|
(6)
|
(7)
|
|
Income from Continuing Operations |
43
|
46
|
46
|
40
|
31
|
35
|
34
|
32
|
26
|
18
|
13
|
10
|
9
|
17
|
19
|
23
|
28
|
38
|
35
|
35
|
37
|
34
|
34
|
39
|
47
|
46
|
47
|
62
|
69
|
62
|
68
|
61
|
54
|
58
|
64
|
63
|
49
|
51
|
45
|
40
|
41
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
3
|
3
|
3
|
1
|
1
|
(0)
|
(0)
|
0
|
1
|
1
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
43
N/A
|
46
+6%
|
46
0%
|
41
-12%
|
32
-23%
|
35
+12%
|
35
-1%
|
33
-7%
|
27
-18%
|
19
-29%
|
14
-27%
|
11
-22%
|
10
-6%
|
18
+74%
|
20
+11%
|
24
+21%
|
30
+24%
|
38
+30%
|
36
-7%
|
37
+3%
|
38
+5%
|
36
-6%
|
36
+1%
|
42
+16%
|
50
+19%
|
47
-5%
|
47
+0%
|
62
+30%
|
68
+11%
|
63
-8%
|
69
+10%
|
62
-10%
|
54
-12%
|
58
+7%
|
64
+10%
|
62
-2%
|
49
-22%
|
50
+3%
|
44
-13%
|
38
-12%
|
40
+4%
|
|
EPS (Diluted) |
0.04
N/A
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
0.03
-25%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.04
+33%
|
0.05
+25%
|
0.04
-20%
|
0.06
+50%
|
0.07
+17%
|
0.07
N/A
|
0.08
+14%
|
0.07
-13%
|
0.06
-14%
|
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.05
-29%
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|