Nanning Baling Technology Co Ltd
SZSE:002592
Income Statement
Earnings Waterfall
Nanning Baling Technology Co Ltd
Revenue
|
542.7m
CNY
|
Cost of Revenue
|
-423.5m
CNY
|
Gross Profit
|
119.2m
CNY
|
Operating Expenses
|
-120.5m
CNY
|
Operating Income
|
-1.3m
CNY
|
Other Expenses
|
106.8m
CNY
|
Net Income
|
105.5m
CNY
|
Income Statement
Nanning Baling Technology 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 |
604
N/A
|
614
+2%
|
619
+1%
|
608
-2%
|
639
+5%
|
640
+0%
|
615
-4%
|
595
-3%
|
649
+9%
|
716
+10%
|
784
+10%
|
865
+10%
|
878
+2%
|
894
+2%
|
853
-5%
|
810
-5%
|
775
-4%
|
712
-8%
|
731
+3%
|
738
+1%
|
710
-4%
|
735
+4%
|
710
-3%
|
729
+3%
|
751
+3%
|
682
-9%
|
632
-7%
|
595
-6%
|
605
+2%
|
629
+4%
|
654
+4%
|
951
+45%
|
606
-36%
|
905
+49%
|
867
-4%
|
582
-33%
|
552
-5%
|
493
-11%
|
483
-2%
|
478
-1%
|
543
+13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(461)
|
(472)
|
(473)
|
(464)
|
(478)
|
(477)
|
(459)
|
(446)
|
(512)
|
(580)
|
(649)
|
(717)
|
(722)
|
(739)
|
(699)
|
(663)
|
(626)
|
(590)
|
(620)
|
(644)
|
(630)
|
(660)
|
(612)
|
(600)
|
(643)
|
(567)
|
(533)
|
(522)
|
(500)
|
(524)
|
(556)
|
(812)
|
(530)
|
(777)
|
(738)
|
(489)
|
(443)
|
(391)
|
(380)
|
(371)
|
(423)
|
|
Gross Profit |
142
N/A
|
142
0%
|
146
+3%
|
144
-1%
|
161
+12%
|
164
+2%
|
155
-5%
|
149
-4%
|
137
-8%
|
136
-1%
|
135
0%
|
148
+9%
|
156
+6%
|
155
-1%
|
154
0%
|
147
-5%
|
149
+1%
|
122
-18%
|
111
-9%
|
94
-15%
|
81
-15%
|
75
-6%
|
98
+30%
|
130
+33%
|
108
-17%
|
115
+7%
|
99
-14%
|
73
-26%
|
105
+44%
|
105
N/A
|
98
-7%
|
139
+41%
|
76
-45%
|
128
+68%
|
129
+1%
|
94
-27%
|
109
+17%
|
102
-7%
|
103
+1%
|
107
+4%
|
119
+11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(69)
|
(76)
|
(80)
|
(75)
|
(96)
|
(92)
|
(82)
|
(83)
|
(72)
|
(72)
|
(84)
|
(93)
|
(88)
|
(84)
|
(79)
|
(73)
|
(93)
|
(85)
|
(95)
|
(100)
|
(107)
|
(105)
|
(120)
|
(132)
|
(149)
|
(446)
|
(431)
|
(425)
|
(554)
|
(1 016)
|
(1 009)
|
(1 045)
|
(296)
|
(216)
|
(404)
|
(370)
|
(134)
|
(122)
|
(121)
|
(119)
|
(120)
|
|
Selling, General & Administrative |
(67)
|
(72)
|
(75)
|
(73)
|
(68)
|
(79)
|
(79)
|
(80)
|
(45)
|
(76)
|
(79)
|
(85)
|
(59)
|
(81)
|
(80)
|
(78)
|
(70)
|
(91)
|
(99)
|
(98)
|
(81)
|
(86)
|
(98)
|
(109)
|
(102)
|
(132)
|
(116)
|
(111)
|
(514)
|
(539)
|
(532)
|
(560)
|
(255)
|
(319)
|
(331)
|
(302)
|
(116)
|
(109)
|
(101)
|
(98)
|
(94)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
(4)
|
(16)
|
(14)
|
(19)
|
(21)
|
(17)
|
(23)
|
(19)
|
(16)
|
(14)
|
(16)
|
(18)
|
(28)
|
(15)
|
(26)
|
(26)
|
(18)
|
(15)
|
(18)
|
(19)
|
(19)
|
(17)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(14)
|
|
Other Operating Expenses |
(2)
|
(4)
|
(5)
|
(1)
|
(0)
|
(13)
|
(3)
|
(3)
|
0
|
5
|
(5)
|
(8)
|
(0)
|
(3)
|
1
|
5
|
5
|
6
|
4
|
2
|
5
|
(5)
|
(3)
|
(3)
|
7
|
(292)
|
(296)
|
(298)
|
9
|
(461)
|
(459)
|
(458)
|
4
|
130
|
(47)
|
(50)
|
8
|
4
|
(1)
|
(2)
|
4
|
|
Operating Income |
74
N/A
|
66
-11%
|
66
+1%
|
69
+5%
|
65
-6%
|
71
+9%
|
74
+4%
|
65
-11%
|
65
-1%
|
64
-2%
|
51
-20%
|
55
+7%
|
68
+24%
|
71
+4%
|
75
+6%
|
74
-1%
|
56
-25%
|
37
-35%
|
16
-58%
|
(5)
N/A
|
(26)
-385%
|
(29)
-12%
|
(22)
+25%
|
(2)
+89%
|
(41)
-1 621%
|
(331)
-702%
|
(331)
0%
|
(351)
-6%
|
(449)
-28%
|
(911)
-103%
|
(911)
+0%
|
(906)
+0%
|
(220)
+76%
|
(88)
+60%
|
(275)
-213%
|
(276)
0%
|
(25)
+91%
|
(20)
+19%
|
(18)
+10%
|
(12)
+34%
|
(1)
+89%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
17
|
25
|
28
|
27
|
35
|
41
|
53
|
62
|
64
|
60
|
62
|
68
|
70
|
78
|
85
|
83
|
94
|
80
|
61
|
60
|
41
|
29
|
22
|
9
|
(36)
|
(46)
|
(49)
|
(38)
|
24
|
34
|
46
|
74
|
37
|
57
|
56
|
27
|
36
|
32
|
30
|
133
|
49
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(333)
|
(3)
|
(3)
|
0
|
(476)
|
179
|
179
|
357
|
128
|
0
|
177
|
(2)
|
(3)
|
0
|
0
|
1
|
50
|
|
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 |
7
|
7
|
8
|
7
|
5
|
5
|
5
|
6
|
7
|
7
|
7
|
6
|
6
|
5
|
3
|
1
|
1
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(34)
|
(33)
|
(33)
|
(1)
|
(1)
|
(1)
|
(3)
|
(48)
|
(48)
|
(48)
|
(48)
|
(1)
|
(1)
|
(0)
|
1
|
0
|
|
Pre-Tax Income |
98
N/A
|
97
0%
|
102
+4%
|
104
+3%
|
105
+1%
|
117
+12%
|
132
+13%
|
134
+1%
|
135
+1%
|
130
-4%
|
120
-8%
|
129
+8%
|
144
+11%
|
154
+7%
|
163
+6%
|
159
-3%
|
151
-5%
|
117
-23%
|
78
-33%
|
55
-30%
|
15
-72%
|
1
-94%
|
1
-33%
|
7
+1 083%
|
(410)
N/A
|
(414)
-1%
|
(416)
0%
|
(422)
-1%
|
(902)
-114%
|
(699)
+22%
|
(687)
+2%
|
(478)
+30%
|
(103)
+78%
|
(79)
+23%
|
(90)
-14%
|
(298)
-229%
|
7
N/A
|
11
+54%
|
12
+2%
|
123
+954%
|
98
-21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(6)
|
(6)
|
(11)
|
(11)
|
(11)
|
(12)
|
(9)
|
(10)
|
(10)
|
(9)
|
(12)
|
(16)
|
(16)
|
(19)
|
(18)
|
(16)
|
(14)
|
(11)
|
(10)
|
(8)
|
(7)
|
(8)
|
(7)
|
4
|
4
|
6
|
1
|
(11)
|
(37)
|
(36)
|
(33)
|
0
|
(3)
|
(2)
|
(2)
|
3
|
4
|
3
|
5
|
7
|
|
Income from Continuing Operations |
90
|
91
|
95
|
93
|
95
|
106
|
121
|
125
|
125
|
120
|
111
|
117
|
129
|
138
|
144
|
141
|
135
|
102
|
67
|
45
|
7
|
(6)
|
(8)
|
0
|
(406)
|
(410)
|
(410)
|
(421)
|
(912)
|
(736)
|
(723)
|
(511)
|
(103)
|
(83)
|
(92)
|
(300)
|
11
|
16
|
15
|
128
|
105
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(16)
|
(0)
|
2
|
11
|
19
|
227
|
226
|
227
|
230
|
119
|
120
|
120
|
116
|
3
|
3
|
2
|
2
|
1
|
|
Net Income (Common) |
90
N/A
|
91
+1%
|
95
+4%
|
93
-2%
|
95
+1%
|
106
+12%
|
121
+14%
|
125
+4%
|
125
N/A
|
121
-4%
|
112
-7%
|
117
+5%
|
128
+10%
|
138
+7%
|
144
+4%
|
141
-2%
|
135
-4%
|
102
-24%
|
67
-34%
|
45
-32%
|
7
-84%
|
(6)
N/A
|
(16)
-170%
|
(16)
+4%
|
(407)
-2 506%
|
(408)
0%
|
(400)
+2%
|
(402)
-1%
|
(685)
-70%
|
(511)
+25%
|
(496)
+3%
|
(282)
+43%
|
16
N/A
|
37
+130%
|
28
-25%
|
(184)
N/A
|
14
N/A
|
19
+40%
|
17
-8%
|
131
+653%
|
105
-19%
|
|
EPS (Diluted) |
0.51
N/A
|
0.51
N/A
|
0.54
+6%
|
0.37
-31%
|
0.49
+32%
|
0.42
-14%
|
0.49
+17%
|
0.51
+4%
|
0.5
-2%
|
0.42
-16%
|
0.39
-7%
|
0.43
+10%
|
0.45
+5%
|
0.49
+9%
|
0.51
+4%
|
0.5
-2%
|
0.48
-4%
|
0.36
-25%
|
0.24
-33%
|
0.16
-33%
|
0.03
-81%
|
-0.01
N/A
|
-0.05
-400%
|
-0.05
N/A
|
-1.53
-2 960%
|
-1.43
+7%
|
-1.41
+1%
|
-1.42
-1%
|
-2.57
-81%
|
-1.93
+25%
|
-1.88
+3%
|
-1.06
+44%
|
0.06
N/A
|
0.14
+133%
|
0.1
-29%
|
-0.74
N/A
|
0.05
N/A
|
0.07
+40%
|
0.07
N/A
|
0.5
+614%
|
0.4
-20%
|