Shenzhen Mingdiao Decoration Co Ltd
SZSE:002830
Income Statement
Earnings Waterfall
Shenzhen Mingdiao Decoration Co Ltd
Revenue
|
802.7m
CNY
|
Cost of Revenue
|
-571.8m
CNY
|
Gross Profit
|
230.9m
CNY
|
Operating Expenses
|
-205.4m
CNY
|
Operating Income
|
25.4m
CNY
|
Other Expenses
|
-4.6m
CNY
|
Net Income
|
20.9m
CNY
|
Income Statement
Shenzhen Mingdiao Decoration Co Ltd
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 |
651
N/A
|
668
+3%
|
691
+3%
|
699
+1%
|
711
+2%
|
734
+3%
|
744
+1%
|
755
+1%
|
768
+2%
|
753
-2%
|
764
+1%
|
778
+2%
|
765
-2%
|
816
+7%
|
898
+10%
|
867
-3%
|
855
-1%
|
897
+5%
|
867
-3%
|
939
+8%
|
977
+4%
|
933
-4%
|
884
-5%
|
864
-2%
|
855
-1%
|
818
-4%
|
828
+1%
|
805
-3%
|
796
-1%
|
803
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(452)
|
(461)
|
(476)
|
(486)
|
(493)
|
(513)
|
(513)
|
(523)
|
(533)
|
(521)
|
(518)
|
(528)
|
(526)
|
(571)
|
(641)
|
(632)
|
(630)
|
(653)
|
(633)
|
(684)
|
(699)
|
(668)
|
(622)
|
(597)
|
(593)
|
(564)
|
(570)
|
(557)
|
(558)
|
(572)
|
|
Gross Profit |
198
N/A
|
207
+4%
|
215
+4%
|
213
-1%
|
218
+2%
|
222
+2%
|
231
+4%
|
232
+0%
|
235
+1%
|
232
-1%
|
246
+6%
|
250
+2%
|
239
-4%
|
245
+3%
|
257
+5%
|
236
-8%
|
225
-4%
|
244
+8%
|
234
-4%
|
255
+9%
|
278
+9%
|
265
-5%
|
262
-1%
|
267
+2%
|
262
-2%
|
254
-3%
|
258
+2%
|
248
-4%
|
238
-4%
|
231
-3%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(147)
|
(152)
|
(156)
|
(155)
|
(161)
|
(166)
|
(181)
|
(183)
|
(188)
|
(192)
|
(213)
|
(218)
|
(221)
|
(229)
|
(242)
|
(229)
|
(235)
|
(238)
|
(230)
|
(234)
|
(238)
|
(231)
|
(252)
|
(242)
|
(246)
|
(239)
|
(237)
|
(222)
|
(211)
|
(205)
|
|
Selling, General & Administrative |
(136)
|
(141)
|
(135)
|
(145)
|
(151)
|
(162)
|
(162)
|
(182)
|
(188)
|
(192)
|
(179)
|
(198)
|
(195)
|
(200)
|
(201)
|
(211)
|
(218)
|
(223)
|
(185)
|
(221)
|
(229)
|
(221)
|
(174)
|
(232)
|
(233)
|
(226)
|
(156)
|
(208)
|
(197)
|
(192)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
(19)
|
(24)
|
(28)
|
(14)
|
(17)
|
(17)
|
(15)
|
(9)
|
(13)
|
(12)
|
(13)
|
(9)
|
(12)
|
(12)
|
(12)
|
(9)
|
(12)
|
(11)
|
(10)
|
|
Depreciation & Amortization |
0
|
(11)
|
(20)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(10)
|
(0)
|
(1)
|
(10)
|
(10)
|
(5)
|
(1)
|
0
|
(0)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
0
|
3
|
4
|
(1)
|
2
|
(1)
|
(1)
|
(2)
|
(1)
|
(3)
|
(3)
|
|
Operating Income |
52
N/A
|
56
+7%
|
60
+7%
|
58
-3%
|
57
-2%
|
56
-2%
|
51
-8%
|
49
-4%
|
47
-3%
|
40
-16%
|
33
-18%
|
32
-2%
|
19
-42%
|
17
-11%
|
15
-12%
|
7
-53%
|
(10)
N/A
|
6
N/A
|
4
-20%
|
21
+377%
|
40
+92%
|
34
-16%
|
10
-70%
|
25
+146%
|
15
-39%
|
15
-4%
|
21
+42%
|
27
+26%
|
27
+1%
|
25
-5%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
9
|
10
|
9
|
11
|
13
|
16
|
21
|
24
|
24
|
27
|
25
|
23
|
23
|
23
|
24
|
23
|
25
|
26
|
30
|
27
|
30
|
29
|
36
|
34
|
31
|
31
|
25
|
22
|
21
|
21
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
(2)
|
1
|
1
|
1
|
|
Gain/Loss on Disposition of Assets |
1
|
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
|
|
Total Other Income |
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
2
|
3
|
4
|
4
|
2
|
1
|
1
|
2
|
1
|
2
|
(1)
|
(2)
|
(0)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Pre-Tax Income |
61
N/A
|
66
+7%
|
69
+5%
|
70
+1%
|
71
+1%
|
72
+2%
|
72
-1%
|
73
+1%
|
71
-2%
|
67
-6%
|
60
-10%
|
59
-1%
|
46
-22%
|
44
-5%
|
41
-5%
|
31
-26%
|
16
-50%
|
33
+114%
|
35
+7%
|
51
+43%
|
70
+38%
|
61
-12%
|
47
-24%
|
57
+21%
|
46
-19%
|
45
-2%
|
43
-5%
|
47
+10%
|
47
+1%
|
46
-3%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(17)
|
(18)
|
(19)
|
(19)
|
(18)
|
(19)
|
(20)
|
(21)
|
(19)
|
(17)
|
(11)
|
(10)
|
(10)
|
(9)
|
(14)
|
(12)
|
(5)
|
(10)
|
(10)
|
(14)
|
(20)
|
(17)
|
(12)
|
(14)
|
(10)
|
(12)
|
(19)
|
(21)
|
(22)
|
(21)
|
|
Income from Continuing Operations |
45
|
48
|
51
|
51
|
52
|
53
|
52
|
52
|
52
|
50
|
48
|
49
|
36
|
34
|
27
|
19
|
11
|
23
|
26
|
37
|
50
|
45
|
35
|
42
|
36
|
33
|
24
|
27
|
26
|
25
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
Net Income (Common) |
45
N/A
|
48
+7%
|
51
+7%
|
51
+1%
|
52
+2%
|
53
+1%
|
52
-2%
|
51
-1%
|
51
-1%
|
47
-7%
|
46
-3%
|
47
+2%
|
34
-27%
|
32
-6%
|
24
-24%
|
16
-34%
|
8
-53%
|
19
+159%
|
22
+15%
|
32
+44%
|
45
+40%
|
40
-11%
|
29
-27%
|
37
+27%
|
31
-17%
|
28
-9%
|
19
-33%
|
22
+15%
|
21
-4%
|
21
-1%
|
|
EPS (Diluted) |
0.44
N/A
|
0.47
+7%
|
0.38
-19%
|
0.38
N/A
|
0.38
N/A
|
0.39
+3%
|
0.39
N/A
|
0.38
-3%
|
0.38
N/A
|
0.35
-8%
|
0.34
-3%
|
0.35
+3%
|
0.26
-26%
|
0.25
-4%
|
0.18
-28%
|
0.13
-28%
|
0.06
-54%
|
0.15
+150%
|
0.17
+13%
|
0.24
+41%
|
0.34
+42%
|
0.29
-15%
|
0.22
-24%
|
0.28
+27%
|
0.23
-18%
|
0.21
-9%
|
0.14
-33%
|
0.16
+14%
|
0.16
N/A
|
0.16
N/A
|