Satellite Chemical Co Ltd
SZSE:002648
Income Statement
Earnings Waterfall
Satellite Chemical Co Ltd
Revenue
|
41.5B
CNY
|
Cost of Revenue
|
-33.3B
CNY
|
Gross Profit
|
8.2B
CNY
|
Operating Expenses
|
-2.9B
CNY
|
Operating Income
|
5.3B
CNY
|
Other Expenses
|
-484.7m
CNY
|
Net Income
|
4.8B
CNY
|
Income Statement
Satellite Chemical 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 |
3 316
N/A
|
3 313
0%
|
3 649
+10%
|
3 830
+5%
|
4 306
+12%
|
4 404
+2%
|
4 563
+4%
|
4 589
+1%
|
4 187
-9%
|
4 394
+5%
|
4 190
-5%
|
4 417
+5%
|
5 355
+21%
|
6 219
+16%
|
7 205
+16%
|
8 021
+11%
|
8 188
+2%
|
8 026
-2%
|
8 511
+6%
|
8 991
+6%
|
10 029
+12%
|
10 383
+4%
|
10 831
+4%
|
11 125
+3%
|
10 779
-3%
|
10 325
-4%
|
10 391
+1%
|
10 308
-1%
|
10 773
+5%
|
12 744
+18%
|
16 770
+32%
|
23 239
+39%
|
28 557
+23%
|
33 071
+16%
|
36 601
+11%
|
36 308
-1%
|
37 043
+2%
|
38 322
+3%
|
38 244
0%
|
40 156
+5%
|
41 487
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 468)
|
(2 462)
|
(2 744)
|
(3 007)
|
(3 824)
|
(4 127)
|
(4 320)
|
(4 394)
|
(3 855)
|
(3 753)
|
(3 558)
|
(3 587)
|
(4 165)
|
(4 659)
|
(5 410)
|
(6 042)
|
(6 183)
|
(6 261)
|
(6 732)
|
(7 053)
|
(7 955)
|
(8 209)
|
(8 327)
|
(8 484)
|
(7 965)
|
(7 816)
|
(7 794)
|
(7 722)
|
(7 681)
|
(8 758)
|
(11 511)
|
(15 694)
|
(19 515)
|
(22 943)
|
(26 383)
|
(28 507)
|
(30 922)
|
(33 144)
|
(33 319)
|
(33 661)
|
(33 308)
|
|
Gross Profit |
848
N/A
|
851
+0%
|
905
+6%
|
823
-9%
|
482
-41%
|
278
-42%
|
243
-13%
|
195
-20%
|
332
+71%
|
641
+93%
|
632
-1%
|
831
+31%
|
1 190
+43%
|
1 560
+31%
|
1 795
+15%
|
1 979
+10%
|
2 005
+1%
|
1 766
-12%
|
1 779
+1%
|
1 937
+9%
|
2 075
+7%
|
2 174
+5%
|
2 504
+15%
|
2 640
+5%
|
2 814
+7%
|
2 509
-11%
|
2 597
+4%
|
2 586
0%
|
3 092
+20%
|
3 986
+29%
|
5 259
+32%
|
7 545
+43%
|
9 042
+20%
|
10 127
+12%
|
10 218
+1%
|
7 801
-24%
|
6 121
-22%
|
5 177
-15%
|
4 925
-5%
|
6 495
+32%
|
8 178
+26%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(297)
|
(285)
|
(312)
|
(315)
|
(360)
|
(361)
|
(378)
|
(441)
|
(560)
|
(718)
|
(727)
|
(769)
|
(666)
|
(810)
|
(820)
|
(796)
|
(765)
|
(696)
|
(749)
|
(897)
|
(997)
|
(966)
|
(1 068)
|
(1 031)
|
(1 138)
|
(1 059)
|
(1 023)
|
(973)
|
(1 062)
|
(1 148)
|
(1 316)
|
(1 524)
|
(1 971)
|
(1 723)
|
(1 929)
|
(1 894)
|
(2 424)
|
(1 799)
|
(1 768)
|
(1 980)
|
(2 904)
|
|
Selling, General & Administrative |
(293)
|
(280)
|
(309)
|
(312)
|
(237)
|
(355)
|
(371)
|
(435)
|
(347)
|
(593)
|
(601)
|
(638)
|
(357)
|
(716)
|
(726)
|
(715)
|
(444)
|
(710)
|
(758)
|
(736)
|
(525)
|
(599)
|
(592)
|
(589)
|
(593)
|
(544)
|
(521)
|
(502)
|
(550)
|
(621)
|
(692)
|
(610)
|
(615)
|
(538)
|
(590)
|
(641)
|
(706)
|
(647)
|
(547)
|
(589)
|
(709)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(104)
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
(284)
|
0
|
0
|
0
|
(303)
|
0
|
0
|
(159)
|
(425)
|
(365)
|
(484)
|
(446)
|
(470)
|
(494)
|
(483)
|
(464)
|
(451)
|
(557)
|
(660)
|
(957)
|
(959)
|
(1 222)
|
(1 362)
|
(1 284)
|
(1 031)
|
(1 220)
|
(1 301)
|
(1 471)
|
(1 390)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(76)
|
0
|
0
|
0
|
(177)
|
0
|
0
|
0
|
(268)
|
0
|
0
|
0
|
(307)
|
|
Other Operating Expenses |
(4)
|
(5)
|
(2)
|
(2)
|
(6)
|
(6)
|
(7)
|
(5)
|
(5)
|
(125)
|
(126)
|
(131)
|
(6)
|
(94)
|
(94)
|
(81)
|
1
|
14
|
9
|
(2)
|
2
|
(2)
|
8
|
4
|
(21)
|
(21)
|
(19)
|
(7)
|
15
|
30
|
36
|
43
|
(220)
|
36
|
23
|
31
|
(419)
|
68
|
80
|
80
|
(499)
|
|
Operating Income |
552
N/A
|
567
+3%
|
594
+5%
|
508
-14%
|
122
-76%
|
(83)
N/A
|
(135)
-63%
|
(246)
-82%
|
(228)
+7%
|
(77)
+66%
|
(95)
-24%
|
62
N/A
|
524
+742%
|
750
+43%
|
976
+30%
|
1 183
+21%
|
1 240
+5%
|
1 070
-14%
|
1 030
-4%
|
1 041
+1%
|
1 077
+3%
|
1 208
+12%
|
1 436
+19%
|
1 609
+12%
|
1 676
+4%
|
1 450
-13%
|
1 574
+9%
|
1 613
+2%
|
2 029
+26%
|
2 838
+40%
|
3 943
+39%
|
6 021
+53%
|
7 070
+17%
|
8 404
+19%
|
8 289
-1%
|
5 907
-29%
|
3 697
-37%
|
3 378
-9%
|
3 157
-7%
|
4 515
+43%
|
5 274
+17%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
20
|
9
|
(12)
|
(41)
|
(78)
|
(131)
|
(154)
|
(199)
|
(203)
|
(202)
|
(206)
|
(169)
|
(136)
|
(137)
|
(166)
|
(211)
|
(183)
|
(207)
|
(135)
|
(50)
|
(21)
|
(40)
|
(103)
|
(180)
|
(149)
|
(204)
|
(209)
|
(187)
|
(111)
|
(84)
|
(83)
|
(118)
|
(91)
|
(519)
|
(501)
|
(436)
|
(252)
|
(913)
|
(918)
|
(765)
|
100
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(80)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(83)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
3
|
3
|
(2)
|
3
|
1
|
1
|
(10)
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
(3)
|
(3)
|
(5)
|
0
|
0
|
(2)
|
0
|
0
|
(0)
|
(0)
|
(3)
|
(3)
|
(4)
|
(5)
|
17
|
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 |
18
|
10
|
14
|
16
|
19
|
22
|
21
|
23
|
17
|
4
|
4
|
3
|
1
|
3
|
1
|
(5)
|
(35)
|
(20)
|
(18)
|
(16)
|
(2)
|
(4)
|
(2)
|
(1)
|
8
|
4
|
(31)
|
(31)
|
(2)
|
(4)
|
36
|
31
|
23
|
18
|
3
|
11
|
2
|
(5)
|
(5)
|
(3)
|
4
|
|
Pre-Tax Income |
590
N/A
|
586
-1%
|
592
+1%
|
480
-19%
|
58
-88%
|
(192)
N/A
|
(268)
-40%
|
(424)
-58%
|
(420)
+1%
|
(274)
+35%
|
(296)
-8%
|
(103)
+65%
|
305
N/A
|
613
+101%
|
808
+32%
|
963
+19%
|
1 025
+6%
|
843
-18%
|
877
+4%
|
975
+11%
|
1 046
+7%
|
1 164
+11%
|
1 331
+14%
|
1 428
+7%
|
1 452
+2%
|
1 250
-14%
|
1 335
+7%
|
1 395
+5%
|
1 907
+37%
|
2 750
+44%
|
3 896
+42%
|
5 934
+52%
|
6 993
+18%
|
7 904
+13%
|
7 794
-1%
|
5 485
-30%
|
3 445
-37%
|
2 463
-29%
|
2 235
-9%
|
3 747
+68%
|
5 368
+43%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(90)
|
(91)
|
(90)
|
(70)
|
(26)
|
(15)
|
2
|
5
|
(17)
|
(12)
|
(12)
|
(12)
|
2
|
(18)
|
(34)
|
(61)
|
(90)
|
(86)
|
(99)
|
(112)
|
(110)
|
(123)
|
(165)
|
(194)
|
(184)
|
(162)
|
(149)
|
(146)
|
(250)
|
(364)
|
(586)
|
(918)
|
(980)
|
(1 126)
|
(1 114)
|
(695)
|
(334)
|
(213)
|
(110)
|
(315)
|
(584)
|
|
Income from Continuing Operations |
500
|
495
|
502
|
411
|
33
|
(207)
|
(265)
|
(419)
|
(437)
|
(286)
|
(308)
|
(115)
|
307
|
595
|
774
|
901
|
935
|
757
|
778
|
863
|
935
|
1 041
|
1 166
|
1 235
|
1 267
|
1 089
|
1 186
|
1 249
|
1 658
|
2 386
|
3 311
|
5 017
|
6 013
|
6 778
|
6 680
|
4 790
|
3 111
|
2 250
|
2 125
|
3 432
|
4 784
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
5
|
6
|
7
|
7
|
7
|
7
|
7
|
7
|
5
|
6
|
5
|
5
|
5
|
5
|
5
|
4
|
3
|
2
|
2
|
(2)
|
(6)
|
(17)
|
(17)
|
(22)
|
(15)
|
(2)
|
(2)
|
7
|
6
|
|
Net Income (Common) |
500
N/A
|
495
-1%
|
502
+1%
|
411
-18%
|
33
-92%
|
(207)
N/A
|
(265)
-28%
|
(419)
-58%
|
(437)
-4%
|
(285)
+35%
|
(307)
-8%
|
(112)
+63%
|
312
N/A
|
601
+92%
|
781
+30%
|
908
+16%
|
942
+4%
|
764
-19%
|
785
+3%
|
870
+11%
|
941
+8%
|
1 047
+11%
|
1 171
+12%
|
1 240
+6%
|
1 273
+3%
|
1 093
-14%
|
1 190
+9%
|
1 253
+5%
|
1 661
+33%
|
2 387
+44%
|
3 312
+39%
|
5 015
+51%
|
6 007
+20%
|
6 761
+13%
|
6 662
-1%
|
4 767
-28%
|
3 096
-35%
|
2 248
-27%
|
2 124
-6%
|
3 440
+62%
|
4 789
+39%
|
|
EPS (Diluted) |
0.63
N/A
|
0.62
-2%
|
0.63
+2%
|
0.51
-19%
|
0.04
-92%
|
-0.26
N/A
|
-0.34
-31%
|
-0.53
-56%
|
-0.55
-4%
|
-0.36
+35%
|
-0.38
-6%
|
-0.14
+63%
|
0.39
N/A
|
0.75
+92%
|
0.97
+29%
|
0.92
-5%
|
1.03
+12%
|
0.71
-31%
|
0.73
+3%
|
0.81
+11%
|
0.88
+9%
|
0.99
+13%
|
1.11
+12%
|
1.17
+5%
|
1.19
+2%
|
1.02
-14%
|
1.11
+9%
|
1.17
+5%
|
1.52
+30%
|
1.94
+28%
|
1.38
-29%
|
1.47
+7%
|
0.91
-38%
|
2.01
+121%
|
1.98
-1%
|
1.41
-29%
|
0.92
-35%
|
0.67
-27%
|
0.63
-6%
|
1.02
+62%
|
1.42
+39%
|