Jiangsu Zhongshe Group Co Ltd
SZSE:002883
Income Statement
Earnings Waterfall
Jiangsu Zhongshe Group Co Ltd
Revenue
|
731.8m
CNY
|
Cost of Revenue
|
-478.5m
CNY
|
Gross Profit
|
253.2m
CNY
|
Operating Expenses
|
-199.6m
CNY
|
Operating Income
|
53.6m
CNY
|
Other Expenses
|
-11.9m
CNY
|
Net Income
|
41.7m
CNY
|
Income Statement
Jiangsu Zhongshe Group Co Ltd
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 |
217
N/A
|
232
+7%
|
232
N/A
|
245
+6%
|
262
+7%
|
263
+0%
|
270
+3%
|
285
+6%
|
287
+0%
|
294
+3%
|
312
+6%
|
298
-4%
|
302
+1%
|
309
+2%
|
475
+54%
|
522
+10%
|
590
+13%
|
619
+5%
|
606
-2%
|
647
+7%
|
677
+5%
|
751
+11%
|
746
-1%
|
749
+0%
|
765
+2%
|
769
+1%
|
741
-4%
|
732
-1%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(112)
|
(121)
|
(121)
|
(132)
|
(145)
|
(142)
|
(141)
|
(152)
|
(151)
|
(154)
|
(161)
|
(158)
|
(161)
|
(168)
|
(314)
|
(348)
|
(403)
|
(424)
|
(395)
|
(432)
|
(448)
|
(504)
|
(494)
|
(499)
|
(522)
|
(525)
|
(485)
|
(479)
|
|
Gross Profit |
105
N/A
|
112
+6%
|
111
0%
|
113
+2%
|
117
+4%
|
122
+4%
|
129
+6%
|
134
+3%
|
136
+2%
|
141
+3%
|
151
+7%
|
141
-6%
|
141
N/A
|
142
+0%
|
162
+14%
|
174
+8%
|
187
+8%
|
195
+4%
|
211
+8%
|
215
+2%
|
229
+6%
|
247
+8%
|
253
+2%
|
250
-1%
|
243
-3%
|
244
+0%
|
255
+5%
|
253
-1%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(47)
|
(49)
|
(51)
|
(51)
|
(55)
|
(59)
|
(63)
|
(68)
|
(72)
|
(74)
|
(80)
|
(76)
|
(75)
|
(73)
|
(88)
|
(96)
|
(105)
|
(119)
|
(133)
|
(138)
|
(153)
|
(168)
|
(185)
|
(182)
|
(180)
|
(184)
|
(201)
|
(200)
|
|
Selling, General & Administrative |
(41)
|
(40)
|
(41)
|
(38)
|
(42)
|
(45)
|
(54)
|
(50)
|
(53)
|
(54)
|
(63)
|
(60)
|
(58)
|
(56)
|
(66)
|
(56)
|
(59)
|
(70)
|
(101)
|
(93)
|
(102)
|
(114)
|
(146)
|
(137)
|
(134)
|
(136)
|
(161)
|
(136)
|
|
Research & Development |
0
|
(3)
|
(11)
|
0
|
0
|
(7)
|
(14)
|
(11)
|
(15)
|
(18)
|
(17)
|
(17)
|
(17)
|
(16)
|
(23)
|
(28)
|
(30)
|
(30)
|
(30)
|
(30)
|
(31)
|
(36)
|
(37)
|
(38)
|
(42)
|
(42)
|
(36)
|
(37)
|
|
Depreciation & Amortization |
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
|
Other Operating Expenses |
(6)
|
(6)
|
1
|
(13)
|
(13)
|
(7)
|
6
|
(7)
|
(4)
|
(2)
|
1
|
0
|
(0)
|
0
|
2
|
(12)
|
(17)
|
(19)
|
4
|
(15)
|
(20)
|
(19)
|
5
|
(6)
|
(4)
|
(7)
|
2
|
(26)
|
|
Operating Income |
58
N/A
|
63
+8%
|
61
-3%
|
62
+2%
|
62
+0%
|
63
+0%
|
67
+6%
|
66
-2%
|
64
-2%
|
66
+3%
|
71
+7%
|
65
-9%
|
66
+2%
|
69
+4%
|
73
+7%
|
78
+7%
|
82
+5%
|
76
-7%
|
78
+2%
|
77
-1%
|
76
-1%
|
78
+3%
|
68
-13%
|
68
+0%
|
64
-7%
|
60
-6%
|
54
-10%
|
54
-1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
0
|
(0)
|
1
|
3
|
4
|
2
|
5
|
6
|
6
|
5
|
5
|
4
|
3
|
15
|
14
|
13
|
12
|
(0)
|
(1)
|
(0)
|
(0)
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
0
|
0
|
|
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
|
|
Total Other Income |
4
|
0
|
2
|
2
|
2
|
2
|
1
|
0
|
1
|
1
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
1
|
3
|
3
|
1
|
2
|
|
Pre-Tax Income |
62
N/A
|
63
+2%
|
62
-1%
|
65
+5%
|
67
+2%
|
68
+3%
|
69
+1%
|
72
+3%
|
72
+0%
|
74
+3%
|
75
+1%
|
69
-7%
|
69
N/A
|
72
+3%
|
88
+23%
|
92
+5%
|
96
+4%
|
89
-7%
|
77
-13%
|
76
-2%
|
75
0%
|
78
+3%
|
71
-9%
|
70
-1%
|
66
-5%
|
63
-6%
|
55
-12%
|
55
-1%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
(10)
|
(11)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(7)
|
(6)
|
(7)
|
(4)
|
(5)
|
(6)
|
(5)
|
(6)
|
(4)
|
(4)
|
|
Income from Continuing Operations |
51
|
53
|
52
|
55
|
56
|
58
|
59
|
61
|
63
|
64
|
65
|
61
|
60
|
62
|
78
|
82
|
86
|
80
|
71
|
70
|
69
|
74
|
65
|
64
|
62
|
57
|
51
|
50
|
|
Income to Minority Interest |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
1
|
1
|
1
|
(4)
|
(7)
|
(9)
|
(8)
|
(10)
|
(10)
|
(11)
|
(16)
|
(13)
|
(13)
|
(12)
|
(11)
|
(8)
|
(9)
|
|
Net Income (Common) |
48
N/A
|
50
+4%
|
49
-2%
|
52
+5%
|
54
+3%
|
55
+2%
|
57
+4%
|
59
+3%
|
60
+3%
|
63
+4%
|
65
+4%
|
62
-5%
|
61
-1%
|
63
+4%
|
74
+17%
|
76
+3%
|
77
+2%
|
72
-7%
|
60
-16%
|
60
-1%
|
58
-3%
|
58
0%
|
52
-11%
|
51
0%
|
50
-4%
|
45
-9%
|
43
-5%
|
42
-3%
|
|
EPS (Diluted) |
0.45
N/A
|
0.4
-11%
|
0.44
+10%
|
0.4
-9%
|
0.41
+2%
|
0.44
+7%
|
0.44
N/A
|
0.45
+2%
|
0.46
+2%
|
0.48
+4%
|
0.51
+6%
|
0.48
-6%
|
0.47
-2%
|
0.49
+4%
|
0.57
+16%
|
0.58
+2%
|
0.49
-16%
|
0.45
-8%
|
0.39
-13%
|
0.39
N/A
|
0.51
+31%
|
0.38
-25%
|
0.33
-13%
|
0.35
+6%
|
0.3
-14%
|
0.27
-10%
|
0.27
N/A
|
0.26
-4%
|