Shandong Sinocera Functional Material Co Ltd
SZSE:300285
Income Statement
Earnings Waterfall
Shandong Sinocera Functional Material Co Ltd
Revenue
|
3.5B
CNY
|
Cost of Revenue
|
-2.3B
CNY
|
Gross Profit
|
1.2B
CNY
|
Operating Expenses
|
-608.4m
CNY
|
Operating Income
|
605.6m
CNY
|
Other Expenses
|
-124.8m
CNY
|
Net Income
|
480.9m
CNY
|
Income Statement
Shandong Sinocera Functional Material Co Ltd
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
264
N/A
|
266
+1%
|
251
-6%
|
277
+10%
|
327
+18%
|
375
+15%
|
413
+10%
|
469
+14%
|
527
+12%
|
533
+1%
|
554
+4%
|
574
+4%
|
572
0%
|
684
+20%
|
787
+15%
|
945
+20%
|
1 134
+20%
|
1 218
+7%
|
1 331
+9%
|
1 463
+10%
|
1 588
+9%
|
1 798
+13%
|
1 940
+8%
|
2 040
+5%
|
2 066
+1%
|
2 153
+4%
|
2 175
+1%
|
2 197
+1%
|
2 444
+11%
|
2 542
+4%
|
2 676
+5%
|
2 940
+10%
|
2 988
+2%
|
3 162
+6%
|
3 378
+7%
|
3 419
+1%
|
3 331
-3%
|
3 167
-5%
|
3 116
-2%
|
3 287
+5%
|
3 511
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(142)
|
(147)
|
(144)
|
(171)
|
(203)
|
(230)
|
(257)
|
(282)
|
(316)
|
(331)
|
(347)
|
(362)
|
(355)
|
(428)
|
(496)
|
(587)
|
(723)
|
(753)
|
(828)
|
(904)
|
(940)
|
(997)
|
(1 055)
|
(1 080)
|
(1 098)
|
(1 129)
|
(1 163)
|
(1 182)
|
(1 316)
|
(1 370)
|
(1 461)
|
(1 624)
|
(1 662)
|
(1 749)
|
(1 930)
|
(2 010)
|
(2 070)
|
(2 068)
|
(2 087)
|
(2 201)
|
(2 297)
|
|
Gross Profit |
123
N/A
|
120
-3%
|
106
-11%
|
106
-1%
|
124
+17%
|
145
+16%
|
156
+8%
|
187
+20%
|
211
+13%
|
202
-4%
|
207
+3%
|
212
+2%
|
217
+2%
|
256
+18%
|
290
+13%
|
358
+23%
|
411
+15%
|
465
+13%
|
503
+8%
|
559
+11%
|
648
+16%
|
801
+24%
|
884
+10%
|
960
+9%
|
968
+1%
|
1 025
+6%
|
1 012
-1%
|
1 015
+0%
|
1 128
+11%
|
1 172
+4%
|
1 215
+4%
|
1 316
+8%
|
1 325
+1%
|
1 413
+7%
|
1 447
+2%
|
1 409
-3%
|
1 261
-10%
|
1 099
-13%
|
1 029
-6%
|
1 085
+5%
|
1 214
+12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(46)
|
(49)
|
(46)
|
(49)
|
(58)
|
(70)
|
(80)
|
(92)
|
(103)
|
(114)
|
(114)
|
(118)
|
(118)
|
(125)
|
(122)
|
(142)
|
(163)
|
(186)
|
(176)
|
(203)
|
(227)
|
(310)
|
(344)
|
(369)
|
(380)
|
(385)
|
(394)
|
(378)
|
(416)
|
(433)
|
(403)
|
(438)
|
(424)
|
(475)
|
(479)
|
(475)
|
(517)
|
(553)
|
(537)
|
(595)
|
(608)
|
|
Selling, General & Administrative |
(44)
|
(37)
|
(45)
|
(48)
|
(55)
|
(42)
|
(78)
|
(86)
|
(96)
|
(72)
|
(106)
|
(112)
|
(112)
|
(72)
|
(121)
|
(139)
|
(160)
|
(112)
|
(182)
|
(211)
|
(238)
|
(201)
|
(187)
|
(166)
|
(145)
|
(268)
|
(294)
|
(292)
|
(325)
|
(274)
|
(263)
|
(290)
|
(266)
|
(301)
|
(312)
|
(307)
|
(335)
|
(338)
|
(371)
|
(414)
|
(437)
|
|
Research & Development |
0
|
(11)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(74)
|
0
|
0
|
(37)
|
(96)
|
(86)
|
(124)
|
(120)
|
(127)
|
(146)
|
(144)
|
(149)
|
(144)
|
(166)
|
(181)
|
(198)
|
(186)
|
(216)
|
(220)
|
(234)
|
(197)
|
(230)
|
(236)
|
(223)
|
|
Depreciation & Amortization |
0
|
(2)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
0
|
(2)
|
(2)
|
(4)
|
0
|
(3)
|
(5)
|
(7)
|
(0)
|
(8)
|
(7)
|
(6)
|
(0)
|
(1)
|
(3)
|
(3)
|
12
|
6
|
8
|
48
|
13
|
(72)
|
(80)
|
(115)
|
39
|
45
|
58
|
58
|
24
|
26
|
34
|
41
|
55
|
49
|
52
|
51
|
44
|
64
|
55
|
52
|
|
Operating Income |
77
N/A
|
70
-9%
|
60
-14%
|
57
-6%
|
66
+17%
|
74
+12%
|
76
+2%
|
96
+26%
|
108
+13%
|
88
-18%
|
94
+7%
|
93
0%
|
99
+6%
|
131
+33%
|
169
+29%
|
216
+28%
|
248
+15%
|
280
+13%
|
327
+17%
|
356
+9%
|
421
+18%
|
491
+17%
|
540
+10%
|
590
+9%
|
588
0%
|
640
+9%
|
618
-3%
|
637
+3%
|
712
+12%
|
739
+4%
|
812
+10%
|
878
+8%
|
902
+3%
|
938
+4%
|
968
+3%
|
934
-4%
|
744
-20%
|
546
-27%
|
492
-10%
|
490
0%
|
606
+24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
6
|
7
|
9
|
9
|
5
|
4
|
3
|
2
|
3
|
2
|
0
|
8
|
14
|
19
|
22
|
14
|
1
|
15
|
3
|
115
|
118
|
120
|
119
|
3
|
4
|
(20)
|
(11)
|
(10)
|
(22)
|
(26)
|
(19)
|
(12)
|
9
|
4
|
2
|
8
|
18
|
31
|
(1)
|
11
|
(12)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
1
|
0
|
4
|
4
|
(5)
|
0
|
5
|
5
|
|
Gain/Loss on Disposition of Assets |
0
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
9
|
16
|
17
|
18
|
15
|
9
|
9
|
12
|
17
|
21
|
24
|
23
|
22
|
17
|
13
|
10
|
14
|
3
|
(1)
|
1
|
(6)
|
5
|
8
|
7
|
12
|
1
|
4
|
6
|
(0)
|
9
|
7
|
7
|
13
|
14
|
6
|
12
|
7
|
(10)
|
(19)
|
(25)
|
(29)
|
|
Pre-Tax Income |
92
N/A
|
92
0%
|
85
-7%
|
83
-3%
|
86
+4%
|
87
+2%
|
87
0%
|
110
+27%
|
127
+16%
|
110
-13%
|
118
+7%
|
124
+5%
|
134
+8%
|
167
+24%
|
204
+22%
|
239
+18%
|
263
+10%
|
294
+12%
|
330
+12%
|
471
+43%
|
533
+13%
|
614
+15%
|
666
+8%
|
600
-10%
|
604
+1%
|
622
+3%
|
612
-2%
|
633
+3%
|
690
+9%
|
715
+4%
|
800
+12%
|
873
+9%
|
924
+6%
|
957
+4%
|
976
+2%
|
957
-2%
|
772
-19%
|
562
-27%
|
473
-16%
|
481
+2%
|
569
+18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(13)
|
(12)
|
(12)
|
(13)
|
(15)
|
(16)
|
(20)
|
(22)
|
(12)
|
(12)
|
(11)
|
(12)
|
(23)
|
(28)
|
(34)
|
(36)
|
(35)
|
(40)
|
(44)
|
(51)
|
(56)
|
(62)
|
(67)
|
(64)
|
(79)
|
(74)
|
(76)
|
(89)
|
(94)
|
(105)
|
(111)
|
(111)
|
(112)
|
(114)
|
(115)
|
(89)
|
(35)
|
(24)
|
(23)
|
(36)
|
|
Income from Continuing Operations |
79
|
79
|
73
|
71
|
72
|
72
|
72
|
90
|
105
|
98
|
106
|
113
|
123
|
145
|
176
|
206
|
227
|
259
|
291
|
428
|
482
|
558
|
605
|
533
|
540
|
544
|
538
|
557
|
601
|
621
|
695
|
763
|
813
|
845
|
862
|
843
|
683
|
527
|
449
|
458
|
533
|
|
Income to Minority Interest |
0
|
0
|
0
|
(2)
|
(4)
|
(9)
|
(9)
|
(13)
|
(15)
|
(12)
|
(14)
|
(13)
|
(14)
|
(14)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(15)
|
(17)
|
(22)
|
(33)
|
(43)
|
(42)
|
(46)
|
(44)
|
(47)
|
(50)
|
(52)
|
(53)
|
(50)
|
(45)
|
(39)
|
(33)
|
(30)
|
(36)
|
(45)
|
(52)
|
|
Net Income (Common) |
79
N/A
|
79
0%
|
73
-7%
|
69
-6%
|
68
-1%
|
63
-7%
|
63
-1%
|
77
+23%
|
90
+17%
|
86
-4%
|
92
+7%
|
100
+9%
|
109
+9%
|
130
+20%
|
160
+22%
|
189
+19%
|
211
+11%
|
245
+16%
|
276
+13%
|
412
+49%
|
466
+13%
|
543
+16%
|
588
+8%
|
511
-13%
|
507
-1%
|
501
-1%
|
496
-1%
|
511
+3%
|
558
+9%
|
574
+3%
|
645
+12%
|
710
+10%
|
760
+7%
|
795
+5%
|
817
+3%
|
804
-2%
|
651
-19%
|
497
-24%
|
412
-17%
|
413
+0%
|
481
+16%
|
|
EPS (Diluted) |
0.1
N/A
|
0.1
N/A
|
0.09
-10%
|
0.08
-11%
|
0.08
N/A
|
0.17
+113%
|
0.16
-6%
|
0.11
-31%
|
0.13
+18%
|
0.11
-15%
|
0.12
+9%
|
0.13
+8%
|
0.14
+8%
|
0.15
+7%
|
0.19
+27%
|
0.22
+16%
|
0.24
+9%
|
0.27
+13%
|
0.31
+15%
|
0.45
+45%
|
0.5
+11%
|
0.58
+16%
|
0.62
+7%
|
0.8
+29%
|
0.52
-35%
|
0.52
N/A
|
0.51
-2%
|
0.53
+4%
|
0.58
+9%
|
0.6
+3%
|
0.64
+7%
|
0.7
+9%
|
0.77
+10%
|
0.79
+3%
|
0.82
+4%
|
0.8
-2%
|
0.67
-16%
|
0.5
-25%
|
0.41
-18%
|
0.42
+2%
|
0.48
+14%
|