Walvax Biotechnology Co Ltd
SZSE:300142
Income Statement
Earnings Waterfall
Walvax Biotechnology Co Ltd
Revenue
|
4.1B
CNY
|
Cost of Revenue
|
-749.4m
CNY
|
Gross Profit
|
3.4B
CNY
|
Operating Expenses
|
-2.6B
CNY
|
Operating Income
|
771.7m
CNY
|
Other Expenses
|
-352.3m
CNY
|
Net Income
|
419.4m
CNY
|
Income Statement
Walvax Biotechnology Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | 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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
583
N/A
|
676
+16%
|
750
+11%
|
816
+9%
|
719
-12%
|
705
-2%
|
731
+4%
|
844
+15%
|
1 006
+19%
|
1 045
+4%
|
885
-15%
|
692
-22%
|
591
-15%
|
466
-21%
|
555
+19%
|
628
+13%
|
668
+6%
|
700
+5%
|
786
+12%
|
807
+3%
|
879
+9%
|
938
+7%
|
1 005
+7%
|
1 103
+10%
|
1 121
+2%
|
1 057
-6%
|
1 194
+13%
|
1 891
+58%
|
2 939
+55%
|
3 261
+11%
|
3 715
+14%
|
3 502
-6%
|
3 463
-1%
|
3 685
+6%
|
4 461
+21%
|
5 040
+13%
|
5 086
+1%
|
5 264
+3%
|
4 906
-7%
|
4 538
-7%
|
4 114
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(166)
|
(255)
|
(342)
|
(408)
|
(420)
|
(415)
|
(432)
|
(484)
|
(608)
|
(601)
|
(526)
|
(397)
|
(320)
|
(201)
|
(210)
|
(226)
|
(221)
|
(211)
|
(201)
|
(182)
|
(183)
|
(199)
|
(214)
|
(231)
|
(236)
|
(233)
|
(250)
|
(293)
|
(405)
|
(434)
|
(467)
|
(475)
|
(404)
|
(437)
|
(546)
|
(591)
|
(671)
|
(698)
|
(629)
|
(660)
|
(749)
|
|
Gross Profit |
417
N/A
|
421
+1%
|
408
-3%
|
408
0%
|
299
-27%
|
289
-3%
|
299
+3%
|
359
+20%
|
398
+11%
|
444
+11%
|
359
-19%
|
295
-18%
|
271
-8%
|
265
-2%
|
345
+30%
|
402
+17%
|
448
+11%
|
489
+9%
|
586
+20%
|
625
+7%
|
696
+11%
|
739
+6%
|
791
+7%
|
872
+10%
|
885
+2%
|
824
-7%
|
944
+15%
|
1 598
+69%
|
2 534
+59%
|
2 827
+12%
|
3 249
+15%
|
3 027
-7%
|
3 059
+1%
|
3 248
+6%
|
3 915
+21%
|
4 449
+14%
|
4 416
-1%
|
4 566
+3%
|
4 277
-6%
|
3 878
-9%
|
3 364
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(367)
|
(412)
|
(445)
|
(478)
|
(568)
|
(569)
|
(593)
|
(600)
|
(634)
|
(1 198)
|
(1 244)
|
(1 232)
|
(385)
|
(399)
|
(350)
|
(330)
|
(513)
|
(488)
|
(541)
|
(563)
|
(621)
|
(631)
|
(674)
|
(731)
|
(675)
|
(700)
|
(768)
|
(1 122)
|
(1 474)
|
(1 624)
|
(1 907)
|
(1 837)
|
(2 163)
|
(2 311)
|
(2 739)
|
(3 145)
|
(3 192)
|
(3 302)
|
(3 101)
|
(2 849)
|
(2 593)
|
|
Selling, General & Administrative |
(339)
|
(375)
|
(422)
|
(453)
|
(386)
|
(491)
|
(490)
|
(469)
|
(457)
|
(583)
|
(586)
|
(601)
|
(227)
|
(384)
|
(388)
|
(352)
|
(408)
|
(440)
|
(507)
|
(522)
|
(485)
|
(523)
|
(496)
|
(571)
|
(611)
|
(606)
|
(694)
|
(958)
|
(1 304)
|
(1 433)
|
(1 631)
|
(1 534)
|
(1 590)
|
(1 689)
|
(1 968)
|
(2 280)
|
(2 340)
|
(2 392)
|
(2 291)
|
(2 064)
|
(1 890)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
(136)
|
0
|
0
|
0
|
(108)
|
0
|
0
|
(21)
|
(99)
|
0
|
0
|
(27)
|
(103)
|
(74)
|
(94)
|
(79)
|
(35)
|
(68)
|
(85)
|
(176)
|
(166)
|
(215)
|
(315)
|
(358)
|
(598)
|
(709)
|
(834)
|
(963)
|
(907)
|
(973)
|
(898)
|
(829)
|
(738)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(84)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(86)
|
|
Other Operating Expenses |
(28)
|
(37)
|
(22)
|
(25)
|
(2)
|
(78)
|
(103)
|
(131)
|
(1)
|
(615)
|
(658)
|
(631)
|
(0)
|
(15)
|
37
|
44
|
27
|
(48)
|
(34)
|
(13)
|
21
|
(34)
|
(84)
|
(81)
|
16
|
(26)
|
11
|
12
|
24
|
24
|
39
|
56
|
69
|
88
|
64
|
98
|
114
|
63
|
87
|
44
|
121
|
|
Operating Income |
50
N/A
|
9
-82%
|
(37)
N/A
|
(70)
-92%
|
(269)
-283%
|
(279)
-4%
|
(294)
-5%
|
(241)
+18%
|
(236)
+2%
|
(754)
-220%
|
(885)
-17%
|
(937)
-6%
|
(115)
+88%
|
(134)
-17%
|
(5)
+96%
|
72
N/A
|
(66)
N/A
|
1
N/A
|
45
+5 475%
|
62
+39%
|
74
+20%
|
108
+45%
|
117
+9%
|
141
+20%
|
210
+49%
|
125
-41%
|
176
+41%
|
476
+171%
|
1 060
+123%
|
1 202
+13%
|
1 341
+12%
|
1 190
-11%
|
896
-25%
|
937
+5%
|
1 176
+26%
|
1 304
+11%
|
1 224
-6%
|
1 264
+3%
|
1 176
-7%
|
1 029
-12%
|
772
-25%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(46)
|
(86)
|
(121)
|
(142)
|
408
|
414
|
420
|
424
|
(139)
|
(136)
|
(128)
|
(118)
|
(86)
|
(49)
|
(39)
|
(25)
|
(92)
|
(36)
|
(9)
|
8
|
(5)
|
1 162
|
1 159
|
1 155
|
25
|
34
|
40
|
205
|
318
|
286
|
384
|
116
|
(183)
|
(229)
|
(316)
|
(328)
|
(131)
|
(43)
|
(60)
|
22
|
(156)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(524)
|
0
|
0
|
0
|
41
|
2
|
0
|
7
|
13
|
0
|
12
|
7
|
1 174
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(8)
|
(1)
|
(1)
|
(1)
|
(5)
|
0
|
0
|
0
|
6
|
(0)
|
(0)
|
(1)
|
(2)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(1)
|
0
|
(2)
|
(2)
|
(6)
|
(6)
|
0
|
(5)
|
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 |
7
|
6
|
7
|
11
|
10
|
15
|
13
|
16
|
19
|
15
|
18
|
21
|
194
|
194
|
187
|
182
|
(433)
|
(437)
|
(436)
|
(436)
|
(60)
|
(65)
|
(66)
|
(66)
|
(2)
|
(4)
|
(3)
|
(5)
|
3
|
(3)
|
(3)
|
(0)
|
1
|
(10)
|
(17)
|
(24)
|
(27)
|
(24)
|
(17)
|
(11)
|
(14)
|
|
Pre-Tax Income |
10
N/A
|
(71)
N/A
|
(150)
-113%
|
(201)
-33%
|
138
N/A
|
149
+8%
|
137
-9%
|
197
+44%
|
(885)
N/A
|
(881)
+0%
|
(996)
-13%
|
(1 039)
-4%
|
35
N/A
|
14
-61%
|
143
+961%
|
236
+65%
|
(577)
N/A
|
(473)
+18%
|
(387)
+18%
|
(360)
+7%
|
1 184
N/A
|
1 204
+2%
|
1 210
+1%
|
1 230
+2%
|
230
-81%
|
155
-33%
|
212
+37%
|
676
+218%
|
1 373
+103%
|
1 485
+8%
|
1 722
+16%
|
1 304
-24%
|
709
-46%
|
698
-2%
|
843
+21%
|
952
+13%
|
1 070
+12%
|
1 198
+12%
|
1 099
-8%
|
1 039
-5%
|
599
-42%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
0
|
6
|
10
|
(41)
|
(50)
|
(44)
|
(55)
|
(40)
|
(37)
|
(32)
|
(26)
|
(5)
|
32
|
24
|
17
|
18
|
(23)
|
(32)
|
(38)
|
(121)
|
(122)
|
(126)
|
(118)
|
(35)
|
(27)
|
(37)
|
(100)
|
(162)
|
(178)
|
(194)
|
(150)
|
(108)
|
(107)
|
(147)
|
(146)
|
(132)
|
(128)
|
(100)
|
(92)
|
(88)
|
|
Income from Continuing Operations |
5
|
(71)
|
(145)
|
(191)
|
97
|
99
|
93
|
142
|
(925)
|
(919)
|
(1 028)
|
(1 064)
|
30
|
46
|
167
|
253
|
(558)
|
(495)
|
(420)
|
(398)
|
1 063
|
1 082
|
1 084
|
1 113
|
194
|
127
|
176
|
575
|
1 211
|
1 307
|
1 528
|
1 154
|
601
|
591
|
696
|
806
|
938
|
1 070
|
999
|
947
|
511
|
|
Income to Minority Interest |
43
|
41
|
54
|
52
|
47
|
47
|
45
|
39
|
84
|
84
|
92
|
101
|
40
|
38
|
22
|
11
|
21
|
11
|
(1)
|
(9)
|
(17)
|
(21)
|
(28)
|
(39)
|
(52)
|
(43)
|
(57)
|
(118)
|
(208)
|
(253)
|
(267)
|
(222)
|
(174)
|
(157)
|
(166)
|
(211)
|
(210)
|
(208)
|
(236)
|
(196)
|
(92)
|
|
Net Income (Common) |
48
N/A
|
(29)
N/A
|
(91)
-209%
|
(139)
-53%
|
143
N/A
|
147
+2%
|
138
-6%
|
182
+32%
|
(841)
N/A
|
(835)
+1%
|
(936)
-12%
|
(963)
-3%
|
71
N/A
|
83
+18%
|
189
+127%
|
265
+40%
|
(537)
N/A
|
(484)
+10%
|
(421)
+13%
|
(407)
+3%
|
1 046
N/A
|
1 061
+1%
|
1 057
0%
|
1 074
+2%
|
142
-87%
|
84
-41%
|
119
+42%
|
457
+286%
|
1 003
+119%
|
1 054
+5%
|
1 261
+20%
|
932
-26%
|
428
-54%
|
434
+2%
|
530
+22%
|
595
+12%
|
729
+23%
|
862
+18%
|
763
-12%
|
751
-2%
|
419
-44%
|
|
EPS (Diluted) |
0.04
N/A
|
-0.02
N/A
|
-0.07
-250%
|
-0.1
-43%
|
0.1
N/A
|
0.11
+10%
|
0.29
+164%
|
0.11
-62%
|
-0.6
N/A
|
-0.59
+2%
|
-0.67
-14%
|
-0.69
-3%
|
0.05
N/A
|
0.05
N/A
|
0.13
+160%
|
0.18
+38%
|
-0.35
N/A
|
-0.31
+11%
|
-0.27
+13%
|
-0.26
+4%
|
0.68
N/A
|
0.69
+1%
|
0.69
N/A
|
0.7
+1%
|
0.09
-87%
|
0.05
-44%
|
0.07
+40%
|
0.29
+314%
|
0.65
+124%
|
0.68
+5%
|
0.81
+19%
|
0.6
-26%
|
0.27
-55%
|
0.28
+4%
|
0.33
+18%
|
0.37
+12%
|
0.45
+22%
|
0.53
+18%
|
0.47
-11%
|
0.46
-2%
|
0.26
-43%
|