Zhejiang Walrus New Material Co Ltd
SZSE:003011
Income Statement
Earnings Waterfall
Zhejiang Walrus New Material Co Ltd
Revenue
|
1.7B
CNY
|
Cost of Revenue
|
-1.2B
CNY
|
Gross Profit
|
501.7m
CNY
|
Operating Expenses
|
-279.3m
CNY
|
Operating Income
|
222.4m
CNY
|
Other Expenses
|
-4m
CNY
|
Net Income
|
218.3m
CNY
|
Income Statement
Zhejiang Walrus New Material Co Ltd
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 |
574
N/A
|
914
+59%
|
1 224
+34%
|
1 362
+11%
|
1 476
+8%
|
1 611
+9%
|
1 798
+12%
|
1 839
+2%
|
1 928
+5%
|
1 929
+0%
|
1 894
-2%
|
1 924
+2%
|
1 861
-3%
|
1 718
-8%
|
|
Gross Profit | |||||||||||||||
Cost of Revenue |
(399)
|
(631)
|
(867)
|
(991)
|
(1 125)
|
(1 286)
|
(1 500)
|
(1 560)
|
(1 630)
|
(1 610)
|
(1 481)
|
(1 447)
|
(1 337)
|
(1 216)
|
|
Gross Profit |
175
N/A
|
283
+61%
|
357
+26%
|
371
+4%
|
351
-5%
|
325
-7%
|
297
-9%
|
279
-6%
|
298
+7%
|
319
+7%
|
414
+30%
|
477
+15%
|
524
+10%
|
502
-4%
|
|
Operating Income | |||||||||||||||
Operating Expenses |
(70)
|
(109)
|
(138)
|
(165)
|
(177)
|
(191)
|
(178)
|
(161)
|
(162)
|
(156)
|
(200)
|
(202)
|
(206)
|
(279)
|
|
Selling, General & Administrative |
(68)
|
(112)
|
(136)
|
(149)
|
(162)
|
(166)
|
(171)
|
(155)
|
(152)
|
(144)
|
(176)
|
(185)
|
(186)
|
(229)
|
|
Research & Development |
(17)
|
(28)
|
(35)
|
(41)
|
(43)
|
(45)
|
(46)
|
(47)
|
(48)
|
(48)
|
(45)
|
(50)
|
(51)
|
(55)
|
|
Depreciation & Amortization |
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
|
Other Operating Expenses |
15
|
31
|
35
|
24
|
27
|
19
|
41
|
41
|
38
|
35
|
28
|
32
|
31
|
5
|
|
Operating Income |
105
N/A
|
174
+66%
|
219
+26%
|
206
-6%
|
174
-16%
|
134
-23%
|
119
-11%
|
118
-1%
|
136
+15%
|
163
+20%
|
214
+31%
|
274
+28%
|
318
+16%
|
222
-30%
|
|
Pre-Tax Income | |||||||||||||||
Interest Income Expense |
(6)
|
(12)
|
(35)
|
(12)
|
(13)
|
(13)
|
(20)
|
(25)
|
(20)
|
1
|
11
|
3
|
24
|
2
|
|
Non-Reccuring Items |
0
|
0
|
18
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(5)
|
(0)
|
(0)
|
(0)
|
|
Total Other Income |
2
|
2
|
2
|
2
|
(2)
|
0
|
2
|
2
|
4
|
(3)
|
(0)
|
(5)
|
(5)
|
(0)
|
|
Pre-Tax Income |
102
N/A
|
164
+62%
|
204
+24%
|
196
-4%
|
159
-19%
|
121
-24%
|
101
-17%
|
94
-6%
|
120
+27%
|
161
+34%
|
221
+37%
|
272
+23%
|
337
+24%
|
224
-34%
|
|
Net Income | |||||||||||||||
Tax Provision |
(8)
|
(17)
|
(16)
|
(14)
|
(12)
|
(3)
|
(4)
|
(6)
|
(1)
|
(8)
|
(8)
|
(9)
|
(20)
|
(6)
|
|
Income from Continuing Operations |
94
|
148
|
188
|
182
|
147
|
118
|
97
|
89
|
119
|
153
|
213
|
263
|
317
|
218
|
|
Net Income (Common) |
94
N/A
|
148
+57%
|
188
+28%
|
182
-3%
|
147
-19%
|
118
-20%
|
97
-18%
|
89
-9%
|
119
+34%
|
153
+29%
|
213
+39%
|
263
+24%
|
317
+21%
|
218
-31%
|
|
EPS (Diluted) |
1.22
N/A
|
1.92
+57%
|
2.26
+18%
|
1.77
-22%
|
1.41
-20%
|
1.15
-18%
|
0.94
-18%
|
0.86
-9%
|
1.16
+35%
|
1.49
+28%
|
2.07
+39%
|
2.58
+25%
|
3.1
+20%
|
2.13
-31%
|