Chow Tai Seng Jewellery Co Ltd
SZSE:002867
Income Statement
Earnings Waterfall
Chow Tai Seng Jewellery Co Ltd
Revenue
|
17.2B
CNY
|
Cost of Revenue
|
-14.4B
CNY
|
Gross Profit
|
2.9B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
1.8B
CNY
|
Other Expenses
|
-465.5m
CNY
|
Net Income
|
1.3B
CNY
|
Income Statement
Chow Tai Seng Jewellery Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||
Revenue |
2 902
N/A
|
3 024
+4%
|
3 227
+7%
|
3 529
+9%
|
3 805
+8%
|
3 941
+4%
|
4 257
+8%
|
4 635
+9%
|
4 870
+5%
|
5 030
+3%
|
5 136
+2%
|
5 139
+0%
|
5 439
+6%
|
5 020
-8%
|
4 723
-6%
|
4 978
+5%
|
5 084
+2%
|
5 563
+9%
|
6 200
+11%
|
8 209
+32%
|
9 155
+12%
|
10 753
+17%
|
11 464
+7%
|
11 618
+1%
|
11 118
-4%
|
12 486
+12%
|
14 094
+13%
|
14 676
+4%
|
16 290
+11%
|
17 239
+6%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(1 912)
|
(2 014)
|
(2 169)
|
(2 402)
|
(2 604)
|
(2 693)
|
(2 905)
|
(3 123)
|
(3 270)
|
(3 340)
|
(3 365)
|
(3 356)
|
(3 525)
|
(3 233)
|
(2 956)
|
(3 003)
|
(3 055)
|
(3 375)
|
(3 828)
|
(5 784)
|
(6 769)
|
(8 263)
|
(9 068)
|
(9 306)
|
(8 877)
|
(10 113)
|
(11 555)
|
(12 046)
|
(13 441)
|
(14 381)
|
|
Gross Profit |
990
N/A
|
1 010
+2%
|
1 058
+5%
|
1 128
+7%
|
1 202
+7%
|
1 249
+4%
|
1 352
+8%
|
1 511
+12%
|
1 600
+6%
|
1 689
+6%
|
1 770
+5%
|
1 782
+1%
|
1 914
+7%
|
1 786
-7%
|
1 767
-1%
|
1 975
+12%
|
2 029
+3%
|
2 188
+8%
|
2 372
+8%
|
2 425
+2%
|
2 386
-2%
|
2 490
+4%
|
2 396
-4%
|
2 312
-3%
|
2 241
-3%
|
2 373
+6%
|
2 539
+7%
|
2 630
+4%
|
2 849
+8%
|
2 857
+0%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(455)
|
(452)
|
(450)
|
(467)
|
(442)
|
(450)
|
(490)
|
(526)
|
(569)
|
(607)
|
(603)
|
(591)
|
(669)
|
(653)
|
(678)
|
(748)
|
(758)
|
(771)
|
(790)
|
(830)
|
(847)
|
(857)
|
(861)
|
(836)
|
(838)
|
(830)
|
(872)
|
(939)
|
(1 074)
|
(1 100)
|
|
Selling, General & Administrative |
(445)
|
(451)
|
(471)
|
(501)
|
(537)
|
(551)
|
(584)
|
(612)
|
(652)
|
(673)
|
(684)
|
(672)
|
(712)
|
(704)
|
(701)
|
(777)
|
(782)
|
(770)
|
(795)
|
(809)
|
(868)
|
(863)
|
(861)
|
(871)
|
(864)
|
(860)
|
(917)
|
(959)
|
(1 087)
|
(1 117)
|
|
Research & Development |
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
(9)
|
(9)
|
(12)
|
(11)
|
(13)
|
(14)
|
(13)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(12)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
|
Depreciation & Amortization |
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
|
Other Operating Expenses |
(1)
|
(1)
|
20
|
34
|
105
|
102
|
95
|
90
|
117
|
74
|
93
|
92
|
76
|
65
|
36
|
42
|
49
|
12
|
18
|
(8)
|
47
|
20
|
14
|
49
|
53
|
42
|
56
|
32
|
38
|
29
|
|
Operating Income |
535
N/A
|
558
+4%
|
608
+9%
|
660
+9%
|
760
+15%
|
798
+5%
|
862
+8%
|
986
+14%
|
1 032
+5%
|
1 082
+5%
|
1 167
+8%
|
1 192
+2%
|
1 245
+4%
|
1 133
-9%
|
1 089
-4%
|
1 228
+13%
|
1 271
+4%
|
1 417
+11%
|
1 583
+12%
|
1 595
+1%
|
1 539
-3%
|
1 633
+6%
|
1 535
-6%
|
1 476
-4%
|
1 404
-5%
|
1 542
+10%
|
1 667
+8%
|
1 691
+1%
|
1 775
+5%
|
1 757
-1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(21)
|
(17)
|
(3)
|
5
|
26
|
44
|
32
|
17
|
(6)
|
(16)
|
(9)
|
(18)
|
13
|
6
|
4
|
28
|
36
|
60
|
83
|
94
|
38
|
14
|
9
|
3
|
4
|
(35)
|
(58)
|
(72)
|
(81)
|
(95)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
|
Gain/Loss on Disposition of Assets |
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 |
54
|
54
|
31
|
18
|
5
|
(5)
|
13
|
17
|
33
|
33
|
51
|
49
|
35
|
30
|
9
|
20
|
15
|
20
|
22
|
10
|
12
|
13
|
11
|
12
|
12
|
11
|
11
|
13
|
13
|
14
|
|
Pre-Tax Income |
567
N/A
|
595
+5%
|
636
+7%
|
683
+7%
|
791
+16%
|
838
+6%
|
907
+8%
|
1 019
+12%
|
1 059
+4%
|
1 099
+4%
|
1 209
+10%
|
1 223
+1%
|
1 292
+6%
|
1 169
-9%
|
1 102
-6%
|
1 276
+16%
|
1 324
+4%
|
1 499
+13%
|
1 690
+13%
|
1 701
+1%
|
1 591
-6%
|
1 661
+4%
|
1 556
-6%
|
1 492
-4%
|
1 420
-5%
|
1 518
+7%
|
1 621
+7%
|
1 633
+1%
|
1 708
+5%
|
1 677
-2%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(140)
|
(147)
|
(159)
|
(171)
|
(199)
|
(210)
|
(225)
|
(248)
|
(253)
|
(259)
|
(281)
|
(284)
|
(301)
|
(272)
|
(256)
|
(301)
|
(311)
|
(351)
|
(397)
|
(394)
|
(369)
|
(385)
|
(361)
|
(346)
|
(333)
|
(356)
|
(379)
|
(381)
|
(396)
|
(388)
|
|
Income from Continuing Operations |
427
|
448
|
477
|
512
|
592
|
628
|
681
|
771
|
806
|
840
|
928
|
939
|
991
|
898
|
846
|
975
|
1 013
|
1 148
|
1 293
|
1 307
|
1 222
|
1 276
|
1 196
|
1 146
|
1 087
|
1 163
|
1 242
|
1 252
|
1 313
|
1 289
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
(0)
|
(0)
|
(0)
|
0
|
3
|
3
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
|
Net Income (Common) |
427
N/A
|
448
+5%
|
477
+6%
|
512
+7%
|
592
+16%
|
628
+6%
|
681
+9%
|
771
+13%
|
806
+5%
|
840
+4%
|
928
+11%
|
939
+1%
|
991
+6%
|
898
-9%
|
847
-6%
|
976
+15%
|
1 013
+4%
|
1 148
+13%
|
1 293
+13%
|
1 307
+1%
|
1 225
-6%
|
1 279
+4%
|
1 200
-6%
|
1 149
-4%
|
1 091
-5%
|
1 166
+7%
|
1 245
+7%
|
1 255
+1%
|
1 316
+5%
|
1 292
-2%
|
|
EPS (Diluted) |
0.71
N/A
|
0.74
+4%
|
0.66
-11%
|
0.71
+8%
|
0.87
+23%
|
0.86
-1%
|
0.93
+8%
|
1.05
+13%
|
1.12
+7%
|
1.15
+3%
|
1.23
+7%
|
1.29
+5%
|
1.36
+5%
|
1.23
-10%
|
1.16
-6%
|
1.34
+16%
|
1.4
+4%
|
1.58
+13%
|
1.17
-26%
|
1.19
+2%
|
1.12
-6%
|
1.17
+4%
|
1.1
-6%
|
1.06
-4%
|
1.02
-4%
|
1.08
+6%
|
1.16
+7%
|
1.17
+1%
|
1.21
+3%
|
1.19
-2%
|