Qingdao Huicheng Environmental Technology Group Co Ltd
SZSE:300779
Income Statement
Earnings Waterfall
Qingdao Huicheng Environmental Technology Group Co Ltd
Revenue
|
1.1B
CNY
|
Cost of Revenue
|
-808.1m
CNY
|
Gross Profit
|
319.5m
CNY
|
Operating Expenses
|
-137.2m
CNY
|
Operating Income
|
182.3m
CNY
|
Other Expenses
|
-59.4m
CNY
|
Net Income
|
122.9m
CNY
|
Income Statement
Qingdao Huicheng Environmental Technology Group Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Revenue |
344
N/A
|
348
+1%
|
362
+4%
|
369
+2%
|
344
-7%
|
327
-5%
|
338
+3%
|
338
+0%
|
324
-4%
|
317
-2%
|
293
-7%
|
290
-1%
|
285
-2%
|
268
-6%
|
294
+10%
|
308
+5%
|
363
+18%
|
553
+52%
|
725
+31%
|
905
+25%
|
1 071
+18%
|
1 128
+5%
|
|
Gross Profit | |||||||||||||||||||||||
Cost of Revenue |
(206)
|
(216)
|
(225)
|
(231)
|
(219)
|
(221)
|
(231)
|
(234)
|
(231)
|
(230)
|
(221)
|
(224)
|
(204)
|
(201)
|
(228)
|
(257)
|
(285)
|
(403)
|
(510)
|
(596)
|
(726)
|
(808)
|
|
Gross Profit |
138
N/A
|
133
-4%
|
137
+3%
|
138
+1%
|
125
-9%
|
106
-15%
|
106
+0%
|
105
-2%
|
93
-11%
|
87
-7%
|
73
-16%
|
66
-9%
|
81
+22%
|
67
-17%
|
66
-1%
|
51
-23%
|
78
+54%
|
150
+91%
|
215
+43%
|
308
+44%
|
345
+12%
|
319
-7%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(61)
|
(53)
|
(63)
|
(68)
|
(79)
|
(79)
|
(78)
|
(70)
|
(56)
|
(47)
|
(42)
|
(47)
|
(67)
|
(63)
|
(62)
|
(59)
|
(78)
|
(83)
|
(98)
|
(114)
|
(142)
|
(137)
|
|
Selling, General & Administrative |
(47)
|
(45)
|
(51)
|
(53)
|
(58)
|
(61)
|
(60)
|
(59)
|
(45)
|
(43)
|
(41)
|
(42)
|
(48)
|
(53)
|
(52)
|
(51)
|
(63)
|
(74)
|
(86)
|
(102)
|
(106)
|
(124)
|
|
Research & Development |
(11)
|
(13)
|
(16)
|
(18)
|
(17)
|
(22)
|
(23)
|
(22)
|
(13)
|
(15)
|
(14)
|
(15)
|
(13)
|
(17)
|
(16)
|
(14)
|
(13)
|
(17)
|
(19)
|
(21)
|
(16)
|
(20)
|
|
Depreciation & Amortization |
(7)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(20)
|
0
|
|
Other Operating Expenses |
5
|
5
|
4
|
3
|
5
|
4
|
5
|
11
|
10
|
11
|
13
|
10
|
5
|
7
|
6
|
6
|
9
|
9
|
7
|
8
|
1
|
7
|
|
Operating Income |
77
N/A
|
80
+4%
|
74
-8%
|
70
-5%
|
46
-35%
|
27
-41%
|
29
+6%
|
35
+22%
|
37
+6%
|
40
+8%
|
31
-23%
|
19
-39%
|
14
-26%
|
4
-73%
|
4
+14%
|
(8)
N/A
|
(0)
+98%
|
67
N/A
|
117
+75%
|
194
+65%
|
203
+5%
|
182
-10%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
(7)
|
(8)
|
(8)
|
(6)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
1
|
2
|
(7)
|
(22)
|
(41)
|
(48)
|
(61)
|
|
Non-Reccuring Items |
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
|
1
|
9
|
9
|
9
|
8
|
(0)
|
(3)
|
(4)
|
(3)
|
(3)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
0
|
(10)
|
(10)
|
|
Pre-Tax Income |
71
N/A
|
73
+2%
|
76
+3%
|
73
-3%
|
51
-30%
|
34
-35%
|
27
-19%
|
31
+12%
|
32
+5%
|
35
+10%
|
26
-26%
|
17
-34%
|
14
-18%
|
4
-75%
|
3
-18%
|
(8)
N/A
|
2
N/A
|
61
+2 969%
|
95
+57%
|
153
+61%
|
145
-5%
|
111
-23%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
(8)
|
(8)
|
(10)
|
(10)
|
(8)
|
(6)
|
(4)
|
(5)
|
(5)
|
(6)
|
(4)
|
(2)
|
(2)
|
0
|
(1)
|
(1)
|
1
|
(13)
|
5
|
8
|
9
|
26
|
|
Income from Continuing Operations |
64
|
65
|
66
|
63
|
43
|
27
|
23
|
26
|
27
|
30
|
22
|
15
|
12
|
2
|
2
|
(8)
|
3
|
47
|
101
|
161
|
154
|
138
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(7)
|
(12)
|
(15)
|
(15)
|
|
Net Income (Common) |
64
N/A
|
65
+2%
|
66
+1%
|
63
-4%
|
43
-32%
|
27
-36%
|
23
-15%
|
26
+11%
|
27
+5%
|
30
+10%
|
22
-26%
|
15
-33%
|
12
-21%
|
2
-84%
|
2
-20%
|
(8)
N/A
|
2
N/A
|
44
+1 683%
|
93
+111%
|
148
+59%
|
139
-7%
|
123
-11%
|
|
EPS (Diluted) |
0.85
N/A
|
0.87
+2%
|
0.78
-10%
|
0.65
-17%
|
0.43
-34%
|
0.27
-37%
|
0.24
-11%
|
0.26
+8%
|
0.27
+4%
|
0.29
+7%
|
0.21
-28%
|
0.14
-33%
|
0.12
-14%
|
0.02
-83%
|
0.02
N/A
|
-0.08
N/A
|
0.02
N/A
|
0.38
+1 800%
|
0.83
+118%
|
1.09
+31%
|
1.12
+3%
|
0.88
-21%
|