Muyuan Foods Co Ltd
SZSE:002714
Income Statement
Earnings Waterfall
Muyuan Foods Co Ltd
Revenue
|
127B
CNY
|
Cost of Revenue
|
-108.4B
CNY
|
Gross Profit
|
18.7B
CNY
|
Operating Expenses
|
-4B
CNY
|
Operating Income
|
14.6B
CNY
|
Other Expenses
|
-4.7B
CNY
|
Net Income
|
9.9B
CNY
|
Income Statement
Muyuan Foods 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
2 044
N/A
|
2 193
+7%
|
2 373
+8%
|
2 612
+10%
|
2 605
0%
|
2 655
+2%
|
2 651
0%
|
2 807
+6%
|
3 003
+7%
|
3 415
+14%
|
4 162
+22%
|
4 957
+19%
|
5 606
+13%
|
6 662
+19%
|
7 553
+13%
|
8 863
+17%
|
10 042
+13%
|
10 830
+8%
|
11 324
+5%
|
12 066
+7%
|
13 388
+11%
|
13 680
+2%
|
15 035
+10%
|
15 940
+6%
|
20 221
+27%
|
25 243
+25%
|
34 094
+35%
|
47 653
+40%
|
56 277
+18%
|
68 360
+21%
|
76 783
+12%
|
73 395
-4%
|
78 890
+7%
|
77 015
-2%
|
81 620
+6%
|
103 382
+27%
|
124 826
+21%
|
130 747
+5%
|
132 428
+1%
|
127 021
-4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 639)
|
(1 862)
|
(2 091)
|
(2 321)
|
(2 403)
|
(2 423)
|
(2 324)
|
(2 324)
|
(2 264)
|
(2 269)
|
(2 371)
|
(2 690)
|
(3 044)
|
(3 736)
|
(4 725)
|
(6 000)
|
(7 050)
|
(8 290)
|
(9 454)
|
(10 349)
|
(12 075)
|
(13 060)
|
(13 801)
|
(13 441)
|
(12 953)
|
(12 487)
|
(14 032)
|
(17 301)
|
(22 130)
|
(30 230)
|
(42 189)
|
(51 071)
|
(65 683)
|
(77 372)
|
(86 373)
|
(97 080)
|
(102 992)
|
(104 435)
|
(105 855)
|
(108 367)
|
|
Gross Profit |
405
N/A
|
332
-18%
|
282
-15%
|
292
+4%
|
201
-31%
|
233
+16%
|
328
+41%
|
484
+48%
|
740
+53%
|
1 147
+55%
|
1 792
+56%
|
2 267
+27%
|
2 561
+13%
|
2 926
+14%
|
2 828
-3%
|
2 863
+1%
|
2 992
+5%
|
2 541
-15%
|
1 871
-26%
|
1 718
-8%
|
1 313
-24%
|
619
-53%
|
1 233
+99%
|
2 499
+103%
|
7 268
+191%
|
12 758
+76%
|
20 064
+57%
|
30 353
+51%
|
34 147
+12%
|
38 131
+12%
|
34 595
-9%
|
22 325
-35%
|
13 207
-41%
|
(356)
N/A
|
(4 753)
-1 235%
|
6 302
N/A
|
21 834
+246%
|
26 312
+21%
|
26 572
+1%
|
18 654
-30%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(71)
|
(72)
|
(77)
|
(76)
|
(84)
|
(84)
|
(87)
|
(93)
|
(116)
|
(119)
|
(132)
|
(150)
|
(182)
|
(191)
|
(209)
|
(264)
|
(321)
|
(339)
|
(364)
|
(324)
|
(306)
|
(263)
|
(245)
|
(324)
|
(490)
|
(838)
|
(1 296)
|
(1 815)
|
(3 127)
|
(3 310)
|
(3 582)
|
(3 633)
|
(3 831)
|
(3 381)
|
(3 482)
|
(3 765)
|
(4 594)
|
(3 997)
|
(4 027)
|
(4 033)
|
|
Selling, General & Administrative |
(69)
|
(71)
|
(75)
|
(75)
|
(60)
|
(82)
|
(86)
|
(93)
|
(86)
|
(121)
|
(134)
|
(150)
|
(138)
|
(190)
|
(278)
|
(373)
|
(403)
|
(607)
|
(637)
|
(619)
|
(538)
|
(595)
|
(594)
|
(684)
|
(775)
|
(1 204)
|
(1 645)
|
(2 192)
|
(3 430)
|
(3 813)
|
(4 214)
|
(4 479)
|
(4 009)
|
(4 371)
|
(4 627)
|
(4 849)
|
(4 662)
|
(5 055)
|
(4 948)
|
(4 938)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
(21)
|
(88)
|
(65)
|
(86)
|
(95)
|
(109)
|
(127)
|
(224)
|
(295)
|
(406)
|
(511)
|
(568)
|
(627)
|
(789)
|
(921)
|
(988)
|
(1 107)
|
(1 119)
|
(1 211)
|
(1 388)
|
(1 513)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(260)
|
0
|
0
|
0
|
(526)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
0
|
0
|
1
|
(4)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(12)
|
0
|
70
|
110
|
188
|
269
|
275
|
317
|
361
|
399
|
435
|
455
|
451
|
495
|
572
|
672
|
786
|
1 012
|
1 198
|
1 473
|
1 226
|
1 911
|
2 133
|
2 191
|
1 712
|
2 268
|
2 309
|
2 419
|
|
Operating Income |
335
N/A
|
261
-22%
|
207
-21%
|
218
+5%
|
118
-46%
|
151
+28%
|
242
+60%
|
391
+62%
|
623
+59%
|
1 027
+65%
|
1 659
+62%
|
2 117
+28%
|
2 380
+12%
|
2 734
+15%
|
2 617
-4%
|
2 597
-1%
|
2 672
+3%
|
2 199
-18%
|
1 506
-32%
|
1 394
-7%
|
1 007
-28%
|
359
-64%
|
989
+175%
|
2 175
+120%
|
6 778
+212%
|
11 918
+76%
|
18 767
+57%
|
28 536
+52%
|
31 020
+9%
|
34 818
+12%
|
31 011
-11%
|
18 690
-40%
|
9 376
-50%
|
(3 737)
N/A
|
(8 235)
-120%
|
2 537
N/A
|
17 240
+580%
|
22 315
+29%
|
22 546
+1%
|
14 621
-35%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(75)
|
(94)
|
(101)
|
(103)
|
(97)
|
(101)
|
(109)
|
(117)
|
(118)
|
(132)
|
(135)
|
(143)
|
(152)
|
(188)
|
(224)
|
(253)
|
(282)
|
(338)
|
(394)
|
(463)
|
(483)
|
(547)
|
(566)
|
(572)
|
(469)
|
(428)
|
(434)
|
(487)
|
(597)
|
(969)
|
(1 332)
|
(1 694)
|
(1 708)
|
(2 444)
|
(2 712)
|
(2 951)
|
(2 384)
|
(2 842)
|
(2 857)
|
(2 856)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
10
|
10
|
10
|
(1)
|
0
|
(5)
|
0
|
(20)
|
0
|
1
|
1
|
(132)
|
(1)
|
(2)
|
(3)
|
(208)
|
(0)
|
(2)
|
(7)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
|
Total Other Income |
44
|
52
|
42
|
43
|
61
|
65
|
77
|
84
|
91
|
89
|
97
|
107
|
96
|
88
|
57
|
29
|
(24)
|
(40)
|
(25)
|
(27)
|
6
|
15
|
17
|
4
|
11
|
(76)
|
(100)
|
(86)
|
(31)
|
21
|
89
|
(20)
|
74
|
(29)
|
(13)
|
110
|
280
|
58
|
(119)
|
(289)
|
|
Pre-Tax Income |
304
N/A
|
218
-28%
|
147
-33%
|
158
+7%
|
80
-49%
|
115
+44%
|
207
+80%
|
356
+72%
|
596
+67%
|
984
+65%
|
1 621
+65%
|
2 079
+28%
|
2 322
+12%
|
2 634
+13%
|
2 450
-7%
|
2 372
-3%
|
2 366
0%
|
1 821
-23%
|
1 086
-40%
|
903
-17%
|
526
-42%
|
(164)
N/A
|
451
N/A
|
1 618
+259%
|
6 319
+291%
|
11 414
+81%
|
18 226
+60%
|
27 962
+53%
|
30 373
+9%
|
33 870
+12%
|
29 770
-12%
|
16 978
-43%
|
7 611
-55%
|
(6 211)
N/A
|
(10 961)
-76%
|
(308)
+97%
|
14 930
N/A
|
19 531
+31%
|
19 567
+0%
|
11 469
-41%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
(1)
|
6
|
14
|
17
|
23
|
17
|
1
|
2
|
10
|
11
|
31
|
28
|
41
|
49
|
57
|
3
|
(38)
|
(35)
|
(40)
|
|
Income from Continuing Operations |
304
|
218
|
147
|
158
|
80
|
115
|
207
|
356
|
596
|
984
|
1 621
|
2 079
|
2 322
|
2 634
|
2 450
|
2 372
|
2 366
|
1 821
|
1 086
|
903
|
528
|
(165)
|
457
|
1 632
|
6 336
|
11 438
|
18 244
|
27 964
|
30 375
|
33 879
|
29 780
|
17 007
|
7 639
|
(6 170)
|
(10 913)
|
(251)
|
14 933
|
19 492
|
19 532
|
11 429
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
8
|
(14)
|
(75)
|
(222)
|
(652)
|
(1 190)
|
(2 249)
|
(2 923)
|
(3 596)
|
(3 587)
|
(1 840)
|
(735)
|
931
|
1 607
|
(37)
|
(1 667)
|
(2 244)
|
(2 362)
|
(1 517)
|
|
Net Income (Common) |
304
N/A
|
218
-28%
|
147
-33%
|
158
+7%
|
80
-49%
|
115
+44%
|
207
+80%
|
356
+72%
|
596
+67%
|
984
+65%
|
1 621
+65%
|
2 079
+28%
|
2 322
+12%
|
2 634
+13%
|
2 450
-7%
|
2 372
-3%
|
2 366
0%
|
1 821
-23%
|
1 086
-40%
|
903
-17%
|
520
-42%
|
(157)
N/A
|
443
N/A
|
1 557
+251%
|
6 114
+293%
|
10 786
+76%
|
17 054
+58%
|
25 715
+51%
|
27 451
+7%
|
30 284
+10%
|
26 194
-14%
|
15 168
-42%
|
6 904
-54%
|
(5 240)
N/A
|
(9 306)
-78%
|
(288)
+97%
|
13 266
N/A
|
17 248
+30%
|
17 171
0%
|
9 912
-42%
|
|
EPS (Diluted) |
0.08
N/A
|
0.05
-38%
|
0.03
-40%
|
0.03
N/A
|
0.02
-33%
|
0.03
+50%
|
0.11
+267%
|
0.08
-27%
|
0.13
+63%
|
0.22
+69%
|
0.37
+68%
|
0.47
+27%
|
0.52
+11%
|
0.6
+15%
|
0.51
-15%
|
0.47
-8%
|
0.49
+4%
|
0.37
-24%
|
0.12
-68%
|
0.18
+50%
|
0.1
-44%
|
-0.03
N/A
|
0.09
N/A
|
0.31
+244%
|
1.21
+290%
|
2.05
+69%
|
3.34
+63%
|
4.93
+48%
|
5.28
+7%
|
5.84
+11%
|
4.93
-16%
|
2.88
-42%
|
1.28
-56%
|
-1
N/A
|
-1.78
-78%
|
-0.05
+97%
|
2.45
N/A
|
3.16
+29%
|
3.27
+3%
|
1.78
-46%
|