Shandong Sacred Sun Power Sources Co Ltd
SZSE:002580
Income Statement
Earnings Waterfall
Shandong Sacred Sun Power Sources Co Ltd
Revenue
|
2.8B
CNY
|
Cost of Revenue
|
-2.4B
CNY
|
Gross Profit
|
450.1m
CNY
|
Operating Expenses
|
-280.9m
CNY
|
Operating Income
|
169.2m
CNY
|
Other Expenses
|
10.6m
CNY
|
Net Income
|
179.8m
CNY
|
Income Statement
Shandong Sacred Sun Power Sources Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 032
N/A
|
1 112
+8%
|
1 176
+6%
|
1 246
+6%
|
1 328
+7%
|
1 354
+2%
|
1 356
+0%
|
1 380
+2%
|
1 412
+2%
|
1 421
+1%
|
1 533
+8%
|
1 552
+1%
|
1 530
-1%
|
1 568
+2%
|
1 614
+3%
|
1 707
+6%
|
1 750
+3%
|
1 837
+5%
|
1 815
-1%
|
1 836
+1%
|
1 913
+4%
|
1 882
-2%
|
1 891
+1%
|
1 857
-2%
|
1 673
-10%
|
1 664
-1%
|
1 714
+3%
|
1 761
+3%
|
1 890
+7%
|
2 001
+6%
|
2 031
+2%
|
2 091
+3%
|
2 121
+1%
|
2 279
+7%
|
2 532
+11%
|
2 796
+10%
|
2 964
+6%
|
3 124
+5%
|
3 114
0%
|
2 813
-10%
|
2 823
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(855)
|
(922)
|
(976)
|
(1 026)
|
(1 088)
|
(1 106)
|
(1 096)
|
(1 106)
|
(1 136)
|
(1 148)
|
(1 242)
|
(1 259)
|
(1 283)
|
(1 331)
|
(1 405)
|
(1 455)
|
(1 516)
|
(1 604)
|
(1 580)
|
(1 603)
|
(1 687)
|
(1 634)
|
(1 623)
|
(1 570)
|
(1 407)
|
(1 391)
|
(1 428)
|
(1 534)
|
(1 667)
|
(1 803)
|
(1 875)
|
(1 800)
|
(1 878)
|
(2 017)
|
(2 219)
|
(2 357)
|
(2 582)
|
(2 685)
|
(2 640)
|
(2 364)
|
(2 373)
|
|
Gross Profit |
177
N/A
|
190
+8%
|
200
+5%
|
220
+10%
|
239
+8%
|
248
+4%
|
260
+5%
|
273
+5%
|
277
+1%
|
274
-1%
|
291
+6%
|
293
+1%
|
247
-16%
|
237
-4%
|
209
-12%
|
252
+20%
|
234
-7%
|
234
0%
|
235
+0%
|
233
-1%
|
226
-3%
|
248
+10%
|
268
+8%
|
286
+7%
|
266
-7%
|
273
+3%
|
286
+5%
|
227
-21%
|
224
-1%
|
198
-11%
|
156
-21%
|
290
+86%
|
243
-16%
|
262
+8%
|
314
+20%
|
439
+40%
|
382
-13%
|
439
+15%
|
474
+8%
|
449
-5%
|
450
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(168)
|
(180)
|
(188)
|
(187)
|
(202)
|
(207)
|
(221)
|
(242)
|
(246)
|
(244)
|
(254)
|
(237)
|
(190)
|
(184)
|
(157)
|
(203)
|
(177)
|
(185)
|
(202)
|
(209)
|
(208)
|
(224)
|
(244)
|
(250)
|
(233)
|
(244)
|
(236)
|
(172)
|
(170)
|
(142)
|
(115)
|
(259)
|
(193)
|
(194)
|
(232)
|
(334)
|
(255)
|
(273)
|
(274)
|
(280)
|
(281)
|
|
Selling, General & Administrative |
(159)
|
(172)
|
(179)
|
(146)
|
(188)
|
(195)
|
(207)
|
(185)
|
(224)
|
(216)
|
(214)
|
(192)
|
(190)
|
(195)
|
(172)
|
(165)
|
(180)
|
(181)
|
(189)
|
(176)
|
(177)
|
(181)
|
(197)
|
(201)
|
(181)
|
(200)
|
(202)
|
(112)
|
(95)
|
(59)
|
(39)
|
(205)
|
(140)
|
(137)
|
(158)
|
(245)
|
(166)
|
(182)
|
(180)
|
(198)
|
(195)
|
|
Research & Development |
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
(10)
|
(38)
|
0
|
0
|
(10)
|
(36)
|
(25)
|
(37)
|
(35)
|
(51)
|
(62)
|
(61)
|
(69)
|
(58)
|
(71)
|
(80)
|
(79)
|
(57)
|
(66)
|
(67)
|
(78)
|
(78)
|
(94)
|
(96)
|
(98)
|
(81)
|
(91)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(20)
|
0
|
|
Other Operating Expenses |
(9)
|
(8)
|
(9)
|
(1)
|
(14)
|
(12)
|
(13)
|
(1)
|
(22)
|
(28)
|
(39)
|
(1)
|
1
|
11
|
25
|
6
|
2
|
(4)
|
(4)
|
13
|
(6)
|
(6)
|
(12)
|
17
|
10
|
18
|
35
|
13
|
(4)
|
(3)
|
3
|
22
|
13
|
11
|
4
|
9
|
5
|
5
|
4
|
19
|
6
|
|
Operating Income |
9
N/A
|
10
+18%
|
13
+22%
|
33
+162%
|
37
+12%
|
41
+10%
|
39
-4%
|
32
-19%
|
31
-1%
|
30
-5%
|
37
+26%
|
56
+50%
|
57
+3%
|
53
-8%
|
52
-1%
|
49
-6%
|
57
+15%
|
49
-14%
|
33
-33%
|
24
-26%
|
17
-29%
|
24
+37%
|
24
+2%
|
36
+49%
|
33
-10%
|
29
-11%
|
50
+72%
|
55
+10%
|
53
-3%
|
56
+6%
|
41
-27%
|
31
-24%
|
50
+59%
|
69
+37%
|
81
+18%
|
105
+29%
|
127
+22%
|
165
+30%
|
200
+21%
|
169
-15%
|
169
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(15)
|
(16)
|
(23)
|
(26)
|
(27)
|
(23)
|
(6)
|
(4)
|
1
|
(1)
|
(4)
|
(7)
|
(7)
|
(10)
|
(15)
|
(19)
|
(16)
|
(5)
|
(1)
|
1
|
(3)
|
(1)
|
(10)
|
(8)
|
(5)
|
(22)
|
(19)
|
(13)
|
(16)
|
(5)
|
3
|
(1)
|
4
|
33
|
35
|
34
|
41
|
12
|
12
|
17
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
1
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
1
|
(9)
|
(9)
|
0
|
(9)
|
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 |
26
|
23
|
20
|
11
|
21
|
21
|
13
|
21
|
15
|
15
|
14
|
12
|
6
|
5
|
4
|
1
|
(5)
|
(5)
|
(6)
|
0
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(5)
|
(5)
|
(5)
|
(5)
|
2
|
(1)
|
(1)
|
(0)
|
1
|
3
|
3
|
3
|
3
|
1
|
|
Pre-Tax Income |
18
N/A
|
18
-3%
|
17
-6%
|
21
+28%
|
23
+9%
|
26
+12%
|
29
+11%
|
38
+31%
|
42
+12%
|
45
+7%
|
49
+10%
|
60
+22%
|
56
-6%
|
51
-10%
|
47
-8%
|
35
-25%
|
32
-9%
|
28
-13%
|
23
-18%
|
18
-21%
|
19
+3%
|
21
+14%
|
24
+14%
|
26
+5%
|
24
-8%
|
24
+0%
|
28
+18%
|
30
+8%
|
35
+15%
|
35
+2%
|
31
-13%
|
33
+8%
|
48
+45%
|
72
+50%
|
114
+58%
|
141
+23%
|
164
+16%
|
209
+28%
|
215
+3%
|
184
-14%
|
187
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(6)
|
(6)
|
(6)
|
(6)
|
(4)
|
(3)
|
(2)
|
(3)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
3
|
2
|
(1)
|
(2)
|
(1)
|
1
|
1
|
1
|
(8)
|
(17)
|
(6)
|
(5)
|
(15)
|
(6)
|
(15)
|
(14)
|
|
Income from Continuing Operations |
15
|
15
|
15
|
19
|
21
|
23
|
25
|
33
|
37
|
41
|
45
|
54
|
50
|
44
|
41
|
32
|
29
|
26
|
20
|
18
|
18
|
20
|
23
|
24
|
23
|
27
|
30
|
29
|
33
|
35
|
32
|
34
|
49
|
64
|
97
|
135
|
159
|
195
|
209
|
169
|
173
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
2
|
4
|
4
|
7
|
|
Net Income (Common) |
15
N/A
|
15
-1%
|
15
-5%
|
19
+33%
|
21
+7%
|
23
+12%
|
25
+9%
|
33
+31%
|
37
+12%
|
41
+13%
|
45
+9%
|
54
+19%
|
50
-7%
|
43
-13%
|
40
-7%
|
31
-23%
|
29
-8%
|
26
-11%
|
20
-23%
|
16
-18%
|
17
+4%
|
19
+15%
|
23
+19%
|
24
+2%
|
22
-6%
|
25
+14%
|
29
+13%
|
29
+0%
|
32
+13%
|
34
+4%
|
31
-8%
|
34
+9%
|
49
+43%
|
64
+32%
|
97
+51%
|
136
+40%
|
160
+18%
|
197
+23%
|
213
+8%
|
174
-18%
|
180
+4%
|
|
EPS (Diluted) |
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.09
+50%
|
0.1
+11%
|
0.12
+20%
|
0.13
+8%
|
0.15
+15%
|
0.14
-7%
|
0.12
-14%
|
0.08
-33%
|
0.09
+13%
|
0.08
-11%
|
0.07
-13%
|
0.06
-14%
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|
0.07
+17%
|
0.07
N/A
|
0.07
N/A
|
0.08
+14%
|
0.09
+13%
|
0.08
-11%
|
0.07
-13%
|
0.09
+29%
|
0.08
-11%
|
0.07
-13%
|
0.11
+57%
|
0.14
+27%
|
0.21
+50%
|
0.3
+43%
|
0.35
+17%
|
0.43
+23%
|
0.47
+9%
|
0.38
-19%
|
0.4
+5%
|