Jiangsu Xiuqiang Glasswork Co Ltd
SZSE:300160
Income Statement
Earnings Waterfall
Jiangsu Xiuqiang Glasswork Co Ltd
Revenue
|
1.4B
CNY
|
Cost of Revenue
|
-1B
CNY
|
Gross Profit
|
434.5m
CNY
|
Operating Expenses
|
-201.9m
CNY
|
Operating Income
|
232.7m
CNY
|
Other Expenses
|
-24.6m
CNY
|
Net Income
|
208m
CNY
|
Income Statement
Jiangsu Xiuqiang Glasswork 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 |
787
N/A
|
818
+4%
|
834
+2%
|
846
+2%
|
837
-1%
|
861
+3%
|
889
+3%
|
952
+7%
|
1 020
+7%
|
1 125
+10%
|
1 164
+3%
|
1 161
0%
|
1 147
-1%
|
1 213
+6%
|
1 262
+4%
|
1 320
+5%
|
1 378
+4%
|
1 347
-2%
|
1 374
+2%
|
1 381
+0%
|
1 401
+1%
|
1 388
-1%
|
1 360
-2%
|
1 315
-3%
|
1 269
-3%
|
1 206
-5%
|
1 125
-7%
|
1 177
+5%
|
1 286
+9%
|
1 339
+4%
|
1 402
+5%
|
1 442
+3%
|
1 458
+1%
|
1 545
+6%
|
1 581
+2%
|
1 587
+0%
|
1 507
-5%
|
1 438
-5%
|
1 407
-2%
|
1 403
0%
|
1 437
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(595)
|
(618)
|
(634)
|
(651)
|
(640)
|
(656)
|
(664)
|
(704)
|
(747)
|
(832)
|
(860)
|
(844)
|
(801)
|
(832)
|
(857)
|
(900)
|
(941)
|
(960)
|
(988)
|
(996)
|
(992)
|
(982)
|
(948)
|
(896)
|
(847)
|
(811)
|
(756)
|
(791)
|
(946)
|
(1 039)
|
(1 136)
|
(1 189)
|
(1 139)
|
(1 184)
|
(1 172)
|
(1 186)
|
(1 090)
|
(1 034)
|
(1 018)
|
(999)
|
(1 003)
|
|
Gross Profit |
191
N/A
|
199
+4%
|
200
+0%
|
196
-2%
|
197
+1%
|
205
+4%
|
225
+10%
|
249
+11%
|
273
+10%
|
293
+7%
|
304
+4%
|
317
+4%
|
346
+9%
|
381
+10%
|
405
+6%
|
420
+4%
|
436
+4%
|
387
-11%
|
387
0%
|
385
0%
|
409
+6%
|
406
-1%
|
412
+1%
|
419
+2%
|
422
+1%
|
395
-6%
|
369
-6%
|
387
+5%
|
341
-12%
|
300
-12%
|
266
-11%
|
253
-5%
|
319
+26%
|
361
+13%
|
409
+13%
|
401
-2%
|
417
+4%
|
404
-3%
|
389
-4%
|
405
+4%
|
435
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(143)
|
(146)
|
(145)
|
(144)
|
(154)
|
(144)
|
(147)
|
(157)
|
(203)
|
(178)
|
(201)
|
(199)
|
(210)
|
(218)
|
(218)
|
(221)
|
(254)
|
(304)
|
(315)
|
(320)
|
(286)
|
(605)
|
(604)
|
(595)
|
(281)
|
(263)
|
(261)
|
(277)
|
(186)
|
(162)
|
(139)
|
(108)
|
(170)
|
(162)
|
(182)
|
(207)
|
(214)
|
(205)
|
(189)
|
(179)
|
(202)
|
|
Selling, General & Administrative |
(142)
|
(146)
|
(145)
|
(144)
|
(115)
|
(144)
|
(147)
|
(157)
|
(152)
|
(177)
|
(185)
|
(196)
|
(154)
|
(210)
|
(217)
|
(213)
|
(204)
|
(224)
|
(237)
|
(242)
|
(239)
|
(239)
|
(229)
|
(217)
|
(233)
|
(224)
|
(220)
|
(237)
|
(136)
|
(123)
|
(98)
|
(63)
|
(106)
|
(107)
|
(120)
|
(144)
|
(140)
|
(154)
|
(140)
|
(131)
|
(147)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
(9)
|
(45)
|
0
|
0
|
(30)
|
(41)
|
(36)
|
(46)
|
(46)
|
(38)
|
(41)
|
(43)
|
(45)
|
(41)
|
(48)
|
(49)
|
(51)
|
(56)
|
(64)
|
(70)
|
(74)
|
(53)
|
(54)
|
(50)
|
(47)
|
(54)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(18)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(16)
|
(4)
|
0
|
(8)
|
(2)
|
1
|
11
|
(80)
|
(78)
|
(47)
|
12
|
(330)
|
(328)
|
(332)
|
5
|
2
|
1
|
4
|
8
|
10
|
8
|
6
|
9
|
9
|
8
|
10
|
9
|
3
|
1
|
(1)
|
17
|
|
Operating Income |
49
N/A
|
54
+10%
|
55
+2%
|
52
-5%
|
44
-16%
|
61
+40%
|
78
+27%
|
92
+18%
|
70
-23%
|
116
+64%
|
103
-11%
|
117
+14%
|
136
+16%
|
163
+20%
|
187
+15%
|
200
+7%
|
183
-8%
|
83
-54%
|
71
-15%
|
66
-8%
|
123
+88%
|
(199)
N/A
|
(192)
+4%
|
(177)
+8%
|
140
N/A
|
132
-6%
|
108
-18%
|
110
+2%
|
154
+41%
|
139
-10%
|
127
-8%
|
146
+14%
|
149
+2%
|
199
+34%
|
227
+14%
|
194
-14%
|
204
+5%
|
199
-2%
|
200
+0%
|
226
+13%
|
233
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(12)
|
(10)
|
(8)
|
(6)
|
0
|
2
|
5
|
5
|
2
|
1
|
(3)
|
(2)
|
(3)
|
(3)
|
(10)
|
(21)
|
(16)
|
(20)
|
(10)
|
(17)
|
(17)
|
(13)
|
(35)
|
(12)
|
(30)
|
(33)
|
(13)
|
(12)
|
(13)
|
(4)
|
(2)
|
3
|
2
|
14
|
31
|
30
|
26
|
29
|
21
|
34
|
|
Non-Reccuring Items |
(7)
|
(5)
|
(8)
|
(3)
|
3
|
(9)
|
(16)
|
(35)
|
(13)
|
(28)
|
0
|
0
|
(3)
|
0
|
(3)
|
(3)
|
(61)
|
0
|
(2)
|
(1)
|
(321)
|
(1)
|
(3)
|
(3)
|
(44)
|
(13)
|
(12)
|
(12)
|
(1)
|
(0)
|
0
|
(1)
|
(3)
|
(3)
|
(6)
|
(5)
|
(25)
|
(17)
|
(15)
|
(15)
|
(33)
|
|
Gain/Loss on Disposition of Assets |
(2)
|
0
|
(5)
|
(4)
|
(15)
|
(21)
|
(22)
|
(23)
|
1
|
0
|
9
|
10
|
(1)
|
(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
|
0
|
0
|
|
Total Other Income |
2
|
1
|
7
|
(3)
|
10
|
12
|
11
|
22
|
8
|
(0)
|
(7)
|
(6)
|
9
|
9
|
8
|
8
|
52
|
50
|
48
|
44
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
2
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
|
Pre-Tax Income |
37
N/A
|
36
-2%
|
38
+5%
|
34
-10%
|
35
+4%
|
43
+21%
|
52
+23%
|
61
+17%
|
70
+14%
|
89
+28%
|
106
+19%
|
117
+11%
|
140
+19%
|
168
+20%
|
190
+13%
|
196
+3%
|
153
-22%
|
117
-23%
|
97
-17%
|
99
+2%
|
(215)
N/A
|
(217)
-1%
|
(207)
+5%
|
(214)
-3%
|
85
N/A
|
88
+4%
|
63
-29%
|
86
+37%
|
143
+66%
|
125
-12%
|
123
-2%
|
142
+15%
|
148
+4%
|
198
+34%
|
236
+19%
|
220
-7%
|
208
-6%
|
206
-1%
|
212
+3%
|
230
+8%
|
233
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(3)
|
(3)
|
(4)
|
(2)
|
(4)
|
(5)
|
(4)
|
(9)
|
(14)
|
(15)
|
(20)
|
(20)
|
(21)
|
(26)
|
(26)
|
(36)
|
(34)
|
(28)
|
(29)
|
(15)
|
(14)
|
(14)
|
4
|
35
|
35
|
37
|
17
|
(21)
|
(18)
|
(11)
|
(14)
|
(11)
|
(18)
|
(27)
|
(22)
|
(23)
|
(19)
|
(25)
|
(28)
|
(26)
|
|
Income from Continuing Operations |
33
|
33
|
35
|
30
|
33
|
39
|
47
|
58
|
61
|
75
|
91
|
98
|
120
|
147
|
164
|
170
|
117
|
84
|
69
|
70
|
(230)
|
(231)
|
(221)
|
(210)
|
120
|
124
|
100
|
102
|
122
|
107
|
113
|
129
|
137
|
179
|
209
|
198
|
184
|
187
|
187
|
202
|
207
|
|
Income to Minority Interest |
4
|
5
|
6
|
5
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(2)
|
(6)
|
(5)
|
(8)
|
(9)
|
(3)
|
(2)
|
1
|
0
|
5
|
4
|
6
|
6
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
1
|
1
|
|
Net Income (Common) |
37
N/A
|
37
+0%
|
41
+9%
|
35
-15%
|
37
+6%
|
42
+15%
|
48
+15%
|
58
+21%
|
61
+4%
|
75
+24%
|
91
+21%
|
98
+8%
|
120
+22%
|
146
+22%
|
161
+10%
|
168
+4%
|
111
-34%
|
78
-30%
|
60
-23%
|
61
+1%
|
(233)
N/A
|
(233)
0%
|
(220)
+6%
|
(209)
+5%
|
125
N/A
|
128
+3%
|
106
-18%
|
108
+2%
|
122
+13%
|
107
-12%
|
113
+5%
|
129
+14%
|
137
+6%
|
179
+30%
|
208
+16%
|
197
-5%
|
184
-7%
|
187
+2%
|
188
+0%
|
202
+8%
|
208
+3%
|
|
EPS (Diluted) |
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.06
-14%
|
0.06
N/A
|
0.07
+17%
|
0.08
+14%
|
0.09
+13%
|
0.1
+11%
|
0.12
+20%
|
0.15
+25%
|
0.16
+7%
|
0.2
+25%
|
0.24
+20%
|
0.27
+13%
|
0.28
+4%
|
0.19
-32%
|
0.13
-32%
|
0.1
-23%
|
0.11
+10%
|
-0.39
N/A
|
-0.39
N/A
|
-0.37
+5%
|
-0.36
+3%
|
0.21
N/A
|
0.22
+5%
|
0.18
-18%
|
0.19
+6%
|
0.2
+5%
|
0.18
-10%
|
0.19
+6%
|
0.21
+11%
|
0.22
+5%
|
0.3
+36%
|
0.31
+3%
|
0.29
-6%
|
0.3
+3%
|
0.24
-20%
|
0.26
+8%
|
0.27
+4%
|
0.27
N/A
|