Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
Income Statement
Earnings Waterfall
Guangzhou Tinci Materials Technology Co Ltd
Revenue
|
15.4B
CNY
|
Cost of Revenue
|
-11.6B
CNY
|
Gross Profit
|
3.8B
CNY
|
Operating Expenses
|
-1.4B
CNY
|
Operating Income
|
2.4B
CNY
|
Other Expenses
|
-543.5m
CNY
|
Net Income
|
1.9B
CNY
|
Income Statement
Guangzhou Tinci Materials 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 |
596
N/A
|
614
+3%
|
643
+5%
|
674
+5%
|
706
+5%
|
724
+3%
|
759
+5%
|
837
+10%
|
946
+13%
|
1 136
+20%
|
1 379
+21%
|
1 646
+19%
|
1 837
+12%
|
1 872
+2%
|
1 972
+5%
|
2 025
+3%
|
2 057
+2%
|
2 114
+3%
|
2 064
-2%
|
2 021
-2%
|
2 080
+3%
|
2 188
+5%
|
2 356
+8%
|
2 547
+8%
|
2 755
+8%
|
2 736
-1%
|
3 130
+14%
|
3 486
+11%
|
4 119
+18%
|
5 156
+25%
|
6 226
+21%
|
8 047
+29%
|
11 091
+38%
|
14 678
+32%
|
17 755
+21%
|
20 897
+18%
|
22 317
+7%
|
21 482
-4%
|
19 940
-7%
|
18 012
-10%
|
15 405
-14%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(402)
|
(421)
|
(450)
|
(476)
|
(498)
|
(515)
|
(535)
|
(593)
|
(652)
|
(752)
|
(868)
|
(1 004)
|
(1 107)
|
(1 163)
|
(1 260)
|
(1 329)
|
(1 360)
|
(1 463)
|
(1 506)
|
(1 528)
|
(1 597)
|
(1 662)
|
(1 752)
|
(1 866)
|
(2 173)
|
(2 031)
|
(2 081)
|
(2 241)
|
(2 713)
|
(3 388)
|
(4 223)
|
(5 201)
|
(7 211)
|
(9 179)
|
(10 867)
|
(13 102)
|
(13 867)
|
(14 102)
|
(13 617)
|
(12 871)
|
(11 583)
|
|
Gross Profit |
194
N/A
|
193
-1%
|
194
+0%
|
198
+2%
|
208
+5%
|
210
+1%
|
223
+7%
|
244
+9%
|
293
+20%
|
384
+31%
|
511
+33%
|
643
+26%
|
731
+14%
|
708
-3%
|
711
+0%
|
696
-2%
|
698
+0%
|
651
-7%
|
558
-14%
|
492
-12%
|
483
-2%
|
525
+9%
|
603
+15%
|
681
+13%
|
582
-15%
|
705
+21%
|
1 048
+49%
|
1 245
+19%
|
1 406
+13%
|
1 767
+26%
|
2 002
+13%
|
2 845
+42%
|
3 880
+36%
|
5 500
+42%
|
6 888
+25%
|
7 794
+13%
|
8 450
+8%
|
7 380
-13%
|
6 323
-14%
|
5 141
-19%
|
3 822
-26%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(115)
|
(117)
|
(124)
|
(129)
|
(144)
|
(146)
|
(153)
|
(171)
|
(196)
|
(218)
|
(241)
|
(262)
|
(310)
|
(320)
|
(331)
|
(337)
|
(343)
|
(346)
|
(364)
|
(362)
|
(374)
|
(407)
|
(442)
|
(499)
|
(490)
|
(598)
|
(680)
|
(689)
|
(555)
|
(745)
|
(660)
|
(857)
|
(910)
|
(1 274)
|
(1 563)
|
(1 743)
|
(1 721)
|
(1 594)
|
(1 573)
|
(1 419)
|
(1 387)
|
|
Selling, General & Administrative |
(97)
|
(98)
|
(120)
|
(124)
|
(101)
|
(140)
|
(148)
|
(163)
|
(133)
|
(207)
|
(227)
|
(246)
|
(197)
|
(279)
|
(292)
|
(279)
|
(229)
|
(313)
|
(334)
|
(351)
|
(255)
|
(322)
|
(322)
|
(345)
|
(324)
|
(357)
|
(362)
|
(390)
|
(331)
|
(386)
|
(398)
|
(388)
|
(474)
|
(560)
|
(612)
|
(716)
|
(772)
|
(772)
|
(788)
|
(789)
|
(757)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(99)
|
0
|
0
|
(31)
|
(106)
|
0
|
0
|
(28)
|
(98)
|
(75)
|
(106)
|
(111)
|
(114)
|
(130)
|
(149)
|
(158)
|
(157)
|
(199)
|
(213)
|
(266)
|
(359)
|
(496)
|
(695)
|
(903)
|
(852)
|
(857)
|
(782)
|
(664)
|
(597)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(102)
|
0
|
0
|
0
|
(130)
|
0
|
0
|
0
|
(153)
|
|
Other Operating Expenses |
(19)
|
(19)
|
(4)
|
(5)
|
(0)
|
(6)
|
(4)
|
(8)
|
(1)
|
(11)
|
(15)
|
(16)
|
(1)
|
(41)
|
(39)
|
(27)
|
12
|
(33)
|
(30)
|
17
|
32
|
(10)
|
(14)
|
(42)
|
14
|
(111)
|
(169)
|
(142)
|
8
|
(161)
|
(49)
|
(203)
|
24
|
(217)
|
(256)
|
(124)
|
33
|
35
|
(2)
|
34
|
120
|
|
Operating Income |
79
N/A
|
76
-4%
|
70
-7%
|
69
-1%
|
64
-8%
|
64
0%
|
71
+11%
|
73
+3%
|
97
+33%
|
167
+72%
|
270
+62%
|
380
+41%
|
421
+11%
|
389
-8%
|
381
-2%
|
359
-6%
|
354
-1%
|
305
-14%
|
194
-36%
|
131
-33%
|
110
-16%
|
119
+8%
|
162
+37%
|
182
+12%
|
92
-50%
|
107
+16%
|
368
+245%
|
556
+51%
|
852
+53%
|
1 023
+20%
|
1 342
+31%
|
1 988
+48%
|
2 970
+49%
|
4 226
+42%
|
5 325
+26%
|
6 052
+14%
|
6 729
+11%
|
5 786
-14%
|
4 751
-18%
|
3 722
-22%
|
2 434
-35%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(4)
|
(2)
|
0
|
3
|
3
|
1
|
(2)
|
(2)
|
(2)
|
11
|
19
|
54
|
55
|
48
|
54
|
24
|
471
|
499
|
473
|
(46)
|
(27)
|
(74)
|
(78)
|
(70)
|
(76)
|
(80)
|
(85)
|
(72)
|
(79)
|
(72)
|
(57)
|
(38)
|
(32)
|
(12)
|
109
|
19
|
101
|
87
|
(59)
|
(83)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(19)
|
(3)
|
(3)
|
(6)
|
(21)
|
(8)
|
(6)
|
(5)
|
479
|
2
|
0
|
(0)
|
(9)
|
(3)
|
(4)
|
(2)
|
(145)
|
(1)
|
3
|
(1)
|
(263)
|
(12)
|
(16)
|
(8)
|
124
|
8
|
10
|
9
|
(26)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(0)
|
(1)
|
0
|
(1)
|
(0)
|
0
|
0
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
25
|
25
|
27
|
27
|
9
|
8
|
(1)
|
(1)
|
20
|
20
|
24
|
26
|
9
|
13
|
18
|
7
|
(1)
|
0
|
(7)
|
2
|
(9)
|
(9)
|
(20)
|
(22)
|
(11)
|
(14)
|
(5)
|
(3)
|
(4)
|
(8)
|
(5)
|
27
|
33
|
30
|
29
|
(2)
|
0
|
1
|
(1)
|
(9)
|
(0)
|
|
Pre-Tax Income |
99
N/A
|
97
-3%
|
95
-2%
|
96
+1%
|
73
-24%
|
74
+1%
|
70
-5%
|
69
-1%
|
115
+66%
|
185
+61%
|
305
+65%
|
425
+39%
|
465
+9%
|
454
-2%
|
443
-2%
|
415
-6%
|
357
-14%
|
769
+116%
|
681
-11%
|
600
-12%
|
533
-11%
|
84
-84%
|
68
-19%
|
83
+21%
|
0
-100%
|
14
+4 567%
|
280
+1 901%
|
467
+67%
|
626
+34%
|
934
+49%
|
1 269
+36%
|
1 958
+54%
|
2 702
+38%
|
4 213
+56%
|
5 326
+26%
|
6 150
+15%
|
6 872
+12%
|
5 895
-14%
|
4 847
-18%
|
3 662
-24%
|
2 324
-37%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(14)
|
(14)
|
(13)
|
(9)
|
(9)
|
(9)
|
(8)
|
(16)
|
(27)
|
(43)
|
(60)
|
(69)
|
(65)
|
(64)
|
(59)
|
(55)
|
(122)
|
(112)
|
(106)
|
(86)
|
(22)
|
(22)
|
(26)
|
(29)
|
(29)
|
(58)
|
(78)
|
(126)
|
(181)
|
(249)
|
(315)
|
(394)
|
(669)
|
(856)
|
(1 027)
|
(1 027)
|
(880)
|
(749)
|
(563)
|
(482)
|
|
Income from Continuing Operations |
85
|
82
|
81
|
83
|
64
|
65
|
61
|
61
|
99
|
158
|
262
|
365
|
395
|
389
|
378
|
356
|
301
|
647
|
569
|
494
|
447
|
63
|
46
|
57
|
(29)
|
(15)
|
223
|
389
|
500
|
753
|
1 020
|
1 643
|
2 307
|
3 544
|
4 470
|
5 122
|
5 844
|
5 015
|
4 099
|
3 099
|
1 842
|
|
Income to Minority Interest |
(3)
|
(4)
|
(5)
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
4
|
5
|
5
|
6
|
9
|
11
|
14
|
17
|
45
|
44
|
55
|
56
|
32
|
25
|
(16)
|
(75)
|
(99)
|
(125)
|
(139)
|
(107)
|
(130)
|
(103)
|
(2)
|
7
|
48
|
|
Net Income (Common) |
81
N/A
|
79
-3%
|
77
-3%
|
79
+3%
|
62
-22%
|
63
+2%
|
61
-3%
|
61
0%
|
100
+63%
|
158
+59%
|
263
+66%
|
366
+39%
|
396
+8%
|
390
-2%
|
381
-2%
|
358
-6%
|
305
-15%
|
652
+114%
|
574
-12%
|
499
-13%
|
456
-9%
|
73
-84%
|
61
-17%
|
74
+21%
|
16
-78%
|
29
+79%
|
278
+850%
|
445
+60%
|
533
+20%
|
778
+46%
|
1 004
+29%
|
1 568
+56%
|
2 208
+41%
|
3 419
+55%
|
4 332
+27%
|
5 015
+16%
|
5 714
+14%
|
4 911
-14%
|
4 096
-17%
|
3 106
-24%
|
1 891
-39%
|
|
EPS (Diluted) |
0.12
N/A
|
0.11
-8%
|
0.1
-9%
|
0.1
N/A
|
0.08
-20%
|
0.07
-13%
|
0.07
N/A
|
0.07
N/A
|
0.12
+71%
|
0.19
+58%
|
0.31
+63%
|
0.42
+35%
|
0.45
+7%
|
0.44
-2%
|
0.46
+5%
|
0.38
-17%
|
0.34
-11%
|
0.7
+106%
|
0.63
-10%
|
0.55
-13%
|
0.49
-11%
|
0.08
-84%
|
0.06
-25%
|
0.07
+17%
|
0.02
-71%
|
0.02
N/A
|
0.29
+1 350%
|
0.48
+66%
|
0.58
+21%
|
0.85
+47%
|
0.53
-38%
|
0.83
+57%
|
1.17
+41%
|
1.8
+54%
|
2.27
+26%
|
2.62
+15%
|
2.95
+13%
|
2.54
-14%
|
2.19
-14%
|
1.61
-26%
|
0.98
-39%
|