Foran Energy Group Co Ltd
SZSE:002911
Income Statement
Earnings Waterfall
Foran Energy Group Co Ltd
Revenue
|
25.5B
CNY
|
Cost of Revenue
|
-23.6B
CNY
|
Gross Profit
|
2B
CNY
|
Operating Expenses
|
-801.1m
CNY
|
Operating Income
|
1.2B
CNY
|
Other Expenses
|
-334.4m
CNY
|
Net Income
|
819m
CNY
|
Income Statement
Foran Energy Group Co Ltd
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 |
4 116
N/A
|
4 292
+4%
|
4 473
+4%
|
4 646
+4%
|
4 840
+4%
|
5 094
+5%
|
5 287
+4%
|
5 720
+8%
|
6 064
+6%
|
6 427
+6%
|
6 279
-2%
|
6 392
+2%
|
6 897
+8%
|
7 515
+9%
|
8 469
+13%
|
9 996
+18%
|
12 126
+21%
|
13 531
+12%
|
14 757
+9%
|
16 365
+11%
|
17 408
+6%
|
18 923
+9%
|
20 101
+6%
|
21 763
+8%
|
23 100
+6%
|
25 538
+11%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(3 290)
|
(3 425)
|
(3 583)
|
(3 734)
|
(3 921)
|
(4 152)
|
(4 410)
|
(4 821)
|
(5 088)
|
(5 430)
|
(5 290)
|
(5 394)
|
(5 848)
|
(6 351)
|
(7 216)
|
(8 611)
|
(10 639)
|
(11 915)
|
(13 122)
|
(14 640)
|
(15 804)
|
(17 085)
|
(18 253)
|
(20 058)
|
(21 349)
|
(23 583)
|
|
Gross Profit |
826
N/A
|
867
+5%
|
890
+3%
|
912
+2%
|
919
+1%
|
942
+2%
|
878
-7%
|
899
+2%
|
976
+9%
|
997
+2%
|
989
-1%
|
999
+1%
|
1 048
+5%
|
1 163
+11%
|
1 253
+8%
|
1 385
+11%
|
1 487
+7%
|
1 616
+9%
|
1 635
+1%
|
1 725
+6%
|
1 604
-7%
|
1 838
+15%
|
1 848
+1%
|
1 705
-8%
|
1 751
+3%
|
1 955
+12%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(207)
|
(241)
|
(228)
|
(237)
|
(241)
|
(274)
|
(301)
|
(316)
|
(332)
|
(319)
|
(307)
|
(329)
|
(372)
|
(448)
|
(468)
|
(503)
|
(621)
|
(702)
|
(701)
|
(747)
|
(724)
|
(702)
|
(838)
|
(786)
|
(714)
|
(801)
|
|
Selling, General & Administrative |
(211)
|
(225)
|
(231)
|
(238)
|
(242)
|
(253)
|
(259)
|
(262)
|
(268)
|
(264)
|
(262)
|
(255)
|
(264)
|
(290)
|
(303)
|
(297)
|
(318)
|
(370)
|
(365)
|
(416)
|
(464)
|
(397)
|
(478)
|
(436)
|
(369)
|
(451)
|
|
Research & Development |
0
|
(0)
|
0
|
0
|
(2)
|
(6)
|
(6)
|
(17)
|
(26)
|
(30)
|
(44)
|
(69)
|
(106)
|
(132)
|
(169)
|
(216)
|
(314)
|
(260)
|
(314)
|
(315)
|
(250)
|
(247)
|
(300)
|
(295)
|
(302)
|
(288)
|
|
Depreciation & Amortization |
0
|
(15)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(109)
|
|
Other Operating Expenses |
5
|
(1)
|
3
|
1
|
3
|
5
|
(36)
|
(37)
|
(38)
|
(1)
|
(2)
|
(6)
|
(2)
|
6
|
4
|
10
|
12
|
2
|
(21)
|
(16)
|
(10)
|
23
|
(61)
|
(54)
|
(44)
|
48
|
|
Operating Income |
619
N/A
|
626
+1%
|
662
+6%
|
675
+2%
|
678
+0%
|
668
-1%
|
577
-14%
|
583
+1%
|
644
+11%
|
678
+5%
|
682
+1%
|
669
-2%
|
676
+1%
|
716
+6%
|
785
+10%
|
882
+12%
|
867
-2%
|
915
+6%
|
934
+2%
|
979
+5%
|
880
-10%
|
1 136
+29%
|
1 010
-11%
|
920
-9%
|
1 037
+13%
|
1 153
+11%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
(19)
|
(21)
|
(25)
|
(22)
|
(19)
|
(6)
|
9
|
9
|
10
|
18
|
(8)
|
5
|
28
|
23
|
(17)
|
(87)
|
(113)
|
(28)
|
(41)
|
(48)
|
18
|
(73)
|
(11)
|
83
|
123
|
204
|
|
Non-Reccuring Items |
0
|
(6)
|
(5)
|
(8)
|
(8)
|
(56)
|
(17)
|
(14)
|
(14)
|
(18)
|
1
|
0
|
0
|
(14)
|
0
|
1
|
1
|
(43)
|
0
|
1
|
1
|
(62)
|
0
|
(0)
|
0
|
(5)
|
|
Gain/Loss on Disposition of Assets |
(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
|
|
Total Other Income |
(1)
|
4
|
10
|
9
|
9
|
14
|
13
|
12
|
11
|
5
|
(8)
|
(2)
|
(0)
|
6
|
(2)
|
(8)
|
(7)
|
7
|
(54)
|
(106)
|
(106)
|
(107)
|
(52)
|
(0)
|
(2)
|
1
|
|
Pre-Tax Income |
598
N/A
|
603
+1%
|
640
+6%
|
653
+2%
|
660
+1%
|
620
-6%
|
582
-6%
|
590
+1%
|
651
+10%
|
683
+5%
|
666
-3%
|
673
+1%
|
704
+5%
|
731
+4%
|
766
+5%
|
788
+3%
|
748
-5%
|
851
+14%
|
840
-1%
|
826
-2%
|
794
-4%
|
894
+13%
|
947
+6%
|
1 002
+6%
|
1 157
+15%
|
1 354
+17%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(145)
|
(147)
|
(158)
|
(160)
|
(162)
|
(160)
|
(149)
|
(149)
|
(166)
|
(173)
|
(171)
|
(172)
|
(166)
|
(158)
|
(170)
|
(181)
|
(163)
|
(206)
|
(213)
|
(224)
|
(232)
|
(249)
|
(298)
|
(331)
|
(428)
|
(426)
|
|
Income from Continuing Operations |
453
|
455
|
482
|
493
|
498
|
461
|
433
|
441
|
485
|
510
|
494
|
501
|
538
|
573
|
596
|
606
|
584
|
644
|
627
|
602
|
561
|
645
|
649
|
671
|
729
|
928
|
|
Income to Minority Interest |
(113)
|
(108)
|
(108)
|
(101)
|
(93)
|
(99)
|
(95)
|
(92)
|
(101)
|
(98)
|
(89)
|
(82)
|
(90)
|
(103)
|
(108)
|
(108)
|
(114)
|
(50)
|
(28)
|
(1)
|
43
|
11
|
9
|
(10)
|
(41)
|
(83)
|
|
Net Income (Common) |
340
N/A
|
347
+2%
|
374
+8%
|
392
+5%
|
405
+3%
|
362
-10%
|
338
-7%
|
349
+3%
|
384
+10%
|
412
+7%
|
405
-2%
|
419
+3%
|
448
+7%
|
469
+5%
|
488
+4%
|
498
+2%
|
470
-6%
|
595
+27%
|
601
+1%
|
602
+0%
|
605
+1%
|
629
+4%
|
630
+0%
|
634
+1%
|
677
+7%
|
819
+21%
|
|
EPS (Diluted) |
0.4
N/A
|
0.41
+2%
|
0.39
-5%
|
0.41
+5%
|
0.44
+7%
|
0.38
-14%
|
0.36
-5%
|
0.37
+3%
|
0.41
+11%
|
0.44
+7%
|
0.43
-2%
|
0.44
+2%
|
0.47
+7%
|
0.5
+6%
|
0.52
+4%
|
0.54
+4%
|
0.51
-6%
|
0.63
+24%
|
0.65
+3%
|
0.64
-2%
|
0.64
N/A
|
0.66
+3%
|
0.66
N/A
|
0.67
+2%
|
0.65
-3%
|
0.8
+23%
|