Western Securities Co Ltd
SZSE:002673
Income Statement
Earnings Waterfall
Western Securities Co Ltd
Revenue
|
6.7B
CNY
|
Operating Expenses
|
-5.6B
CNY
|
Operating Income
|
1.1B
CNY
|
Other Expenses
|
-292.2m
CNY
|
Net Income
|
806.9m
CNY
|
Income Statement
Western Securities 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 |
1 017
N/A
|
1 247
+23%
|
1 062
-15%
|
1 119
+5%
|
1 381
+23%
|
2 021
+46%
|
2 754
+36%
|
4 406
+60%
|
4 921
+12%
|
5 902
+20%
|
5 464
-7%
|
4 324
-21%
|
4 129
-5%
|
3 689
-11%
|
3 153
-15%
|
3 133
-1%
|
3 065
-2%
|
3 464
+13%
|
3 066
-11%
|
2 884
-6%
|
2 549
-12%
|
2 377
-7%
|
2 954
+24%
|
3 093
+5%
|
3 520
+14%
|
3 848
+9%
|
3 212
-17%
|
3 785
+18%
|
4 314
+14%
|
5 362
+24%
|
5 498
+3%
|
6 170
+12%
|
6 305
+2%
|
6 988
+11%
|
6 495
-7%
|
6 275
-3%
|
6 323
+1%
|
5 501
-13%
|
6 123
+11%
|
6 502
+6%
|
6 666
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
(114)
|
0
|
0
|
0
|
(83)
|
0
|
0
|
0
|
(262)
|
0
|
0
|
0
|
(282)
|
0
|
0
|
0
|
(299)
|
0
|
0
|
0
|
(188)
|
0
|
0
|
0
|
(198)
|
0
|
0
|
0
|
(224)
|
0
|
0
|
0
|
(237)
|
0
|
0
|
0
|
(193)
|
0
|
0
|
0
|
|
Gross Profit |
0
N/A
|
1 132
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1 939
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5 641
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3 406
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3 165
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
2 188
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3 650
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5 138
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
6 751
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5 308
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(723)
|
(755)
|
(758)
|
(767)
|
(791)
|
(1 049)
|
(1 289)
|
(1 713)
|
(2 308)
|
(2 983)
|
(3 152)
|
(2 943)
|
(2 567)
|
(1 952)
|
(1 827)
|
(1 855)
|
(1 884)
|
(2 122)
|
(2 149)
|
(2 205)
|
(2 105)
|
(1 897)
|
(2 173)
|
(2 601)
|
(3 075)
|
(2 930)
|
(2 946)
|
(2 815)
|
(3 036)
|
(3 662)
|
(3 986)
|
(4 563)
|
(4 716)
|
(4 904)
|
(4 985)
|
(4 881)
|
(5 078)
|
(4 705)
|
(5 039)
|
(5 416)
|
(5 567)
|
|
Selling, General & Administrative |
(685)
|
(695)
|
(756)
|
(768)
|
(793)
|
(989)
|
(1 262)
|
(1 669)
|
(2 285)
|
(2 919)
|
(3 153)
|
(2 963)
|
(2 563)
|
(1 883)
|
(1 806)
|
(1 791)
|
(1 823)
|
(2 040)
|
(1 650)
|
(1 563)
|
(1 507)
|
(1 783)
|
(1 524)
|
(1 943)
|
(2 238)
|
(2 305)
|
(2 459)
|
(2 231)
|
(2 186)
|
(2 270)
|
(2 342)
|
(2 448)
|
(2 373)
|
(2 323)
|
(2 490)
|
(2 479)
|
(2 592)
|
(1 846)
|
(2 230)
|
(2 343)
|
(2 210)
|
|
Depreciation & Amortization |
0
|
(58)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(101)
|
0
|
0
|
0
|
(104)
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
(218)
|
0
|
0
|
0
|
(251)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(38)
|
(2)
|
(2)
|
0
|
1
|
(2)
|
(28)
|
(45)
|
(24)
|
0
|
1
|
20
|
(4)
|
0
|
(21)
|
(64)
|
(61)
|
0
|
(500)
|
(642)
|
(598)
|
(13)
|
(649)
|
(658)
|
(836)
|
(520)
|
(488)
|
(583)
|
(851)
|
(1 297)
|
(1 643)
|
(2 115)
|
(2 343)
|
(2 363)
|
(2 495)
|
(2 402)
|
(2 486)
|
(2 609)
|
(2 808)
|
(3 073)
|
(3 357)
|
|
Operating Income |
294
N/A
|
377
+28%
|
304
-19%
|
351
+15%
|
590
+68%
|
890
+51%
|
1 465
+65%
|
2 694
+84%
|
2 613
-3%
|
2 658
+2%
|
2 312
-13%
|
1 381
-40%
|
1 562
+13%
|
1 454
-7%
|
1 326
-9%
|
1 278
-4%
|
1 180
-8%
|
1 043
-12%
|
917
-12%
|
679
-26%
|
445
-34%
|
291
-35%
|
781
+168%
|
492
-37%
|
445
-10%
|
720
+62%
|
266
-63%
|
970
+265%
|
1 278
+32%
|
1 475
+15%
|
1 513
+3%
|
1 607
+6%
|
1 589
-1%
|
1 847
+16%
|
1 509
-18%
|
1 394
-8%
|
1 246
-11%
|
603
-52%
|
1 084
+80%
|
1 086
+0%
|
1 099
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Non-Reccuring Items |
0
|
1
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(64)
|
0
|
4
|
4
|
(42)
|
53
|
78
|
78
|
31
|
56
|
40
|
39
|
47
|
20
|
1
|
6
|
32
|
6
|
21
|
(10)
|
(14)
|
5
|
(13)
|
18
|
|
Gain/Loss on Disposition of Assets |
0
|
(0)
|
0
|
(0)
|
0
|
(1)
|
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
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
6
|
1
|
(1)
|
1
|
4
|
7
|
8
|
14
|
15
|
12
|
14
|
26
|
23
|
25
|
23
|
4
|
6
|
5
|
47
|
51
|
49
|
(5)
|
(40)
|
(50)
|
(50)
|
(3)
|
(10)
|
(10)
|
(9)
|
(14)
|
(13)
|
(8)
|
(9)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(17)
|
|
Pre-Tax Income |
300
N/A
|
378
+26%
|
304
-20%
|
352
+16%
|
593
+69%
|
891
+50%
|
1 472
+65%
|
2 706
+84%
|
2 627
-3%
|
2 647
+1%
|
2 325
-12%
|
1 407
-39%
|
1 585
+13%
|
1 470
-7%
|
1 349
-8%
|
1 282
-5%
|
1 186
-7%
|
984
-17%
|
964
-2%
|
733
-24%
|
498
-32%
|
245
-51%
|
794
+224%
|
520
-34%
|
473
-9%
|
747
+58%
|
312
-58%
|
1 000
+221%
|
1 308
+31%
|
1 508
+15%
|
1 520
+1%
|
1 600
+5%
|
1 586
-1%
|
1 876
+18%
|
1 512
-19%
|
1 411
-7%
|
1 232
-13%
|
586
-52%
|
1 086
+85%
|
1 069
-2%
|
1 099
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(83)
|
(103)
|
(86)
|
(98)
|
(159)
|
(230)
|
(375)
|
(682)
|
(661)
|
(679)
|
(600)
|
(373)
|
(418)
|
(356)
|
(328)
|
(313)
|
(288)
|
(229)
|
(228)
|
(166)
|
(110)
|
(43)
|
(173)
|
(103)
|
(87)
|
(131)
|
(23)
|
(201)
|
(279)
|
(376)
|
(379)
|
(392)
|
(392)
|
(451)
|
(359)
|
(334)
|
(287)
|
(128)
|
(253)
|
(254)
|
(262)
|
|
Income from Continuing Operations |
217
|
275
|
218
|
253
|
435
|
661
|
1 097
|
2 025
|
1 966
|
1 968
|
1 726
|
1 034
|
1 166
|
1 113
|
1 022
|
969
|
898
|
755
|
736
|
567
|
388
|
202
|
622
|
418
|
386
|
616
|
289
|
798
|
1 029
|
1 132
|
1 141
|
1 208
|
1 194
|
1 425
|
1 152
|
1 077
|
945
|
458
|
833
|
815
|
837
|
|
Income to Minority Interest |
(0)
|
(0)
|
0
|
0
|
0
|
3
|
7
|
6
|
5
|
5
|
5
|
9
|
14
|
11
|
8
|
5
|
1
|
(2)
|
(3)
|
(1)
|
(2)
|
(1)
|
(2)
|
(6)
|
(7)
|
(6)
|
(7)
|
(13)
|
(16)
|
(15)
|
(17)
|
(13)
|
(13)
|
(15)
|
(21)
|
(23)
|
(29)
|
(30)
|
(30)
|
(32)
|
(31)
|
|
Net Income (Common) |
217
N/A
|
275
+27%
|
218
-21%
|
253
+16%
|
435
+72%
|
664
+53%
|
1 105
+66%
|
2 031
+84%
|
1 971
-3%
|
1 973
+0%
|
1 731
-12%
|
1 044
-40%
|
1 180
+13%
|
1 125
-5%
|
1 030
-8%
|
973
-6%
|
899
-8%
|
752
-16%
|
733
-3%
|
566
-23%
|
386
-32%
|
200
-48%
|
620
+209%
|
412
-34%
|
379
-8%
|
610
+61%
|
282
-54%
|
786
+179%
|
1 014
+29%
|
1 117
+10%
|
1 125
+1%
|
1 194
+6%
|
1 181
-1%
|
1 410
+19%
|
1 132
-20%
|
1 054
-7%
|
917
-13%
|
428
-53%
|
803
+88%
|
782
-3%
|
807
+3%
|
|
EPS (Diluted) |
0.07
N/A
|
0.1
+43%
|
0.07
-30%
|
0.18
+157%
|
0.31
+72%
|
0.24
-23%
|
0.34
+42%
|
0.63
+85%
|
0.63
N/A
|
0.62
-2%
|
0.55
-11%
|
0.34
-38%
|
0.38
+12%
|
0.35
-8%
|
0.33
-6%
|
0.27
-18%
|
0.27
N/A
|
0.23
-15%
|
0.21
-9%
|
0.17
-19%
|
0.12
-29%
|
0.06
-50%
|
0.19
+217%
|
0.13
-32%
|
0.12
-8%
|
0.17
+42%
|
0.09
-47%
|
0.23
+156%
|
0.29
+26%
|
0.32
+10%
|
0.25
-22%
|
0.26
+4%
|
0.27
+4%
|
0.32
+19%
|
0.25
-22%
|
0.24
-4%
|
0.21
-13%
|
0.1
-52%
|
0.18
+80%
|
0.18
N/A
|
0.18
N/A
|