Hengda New Materials Fujian Co Ltd
SZSE:300946
Income Statement
Earnings Waterfall
Hengda New Materials Fujian Co Ltd
Revenue
|
550.2m
CNY
|
Cost of Revenue
|
-384.3m
CNY
|
Gross Profit
|
165.9m
CNY
|
Operating Expenses
|
-66.2m
CNY
|
Operating Income
|
99.7m
CNY
|
Other Expenses
|
-11.8m
CNY
|
Net Income
|
88m
CNY
|
Income Statement
Hengda New Materials Fujian Co Ltd
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 |
312
N/A
|
380
+22%
|
414
+9%
|
445
+7%
|
450
+1%
|
455
+1%
|
481
+6%
|
473
-2%
|
485
+3%
|
483
0%
|
494
+2%
|
498
+1%
|
513
+3%
|
542
+6%
|
550
+1%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(220)
|
(268)
|
(288)
|
(311)
|
(313)
|
(319)
|
(342)
|
(338)
|
(351)
|
(346)
|
(354)
|
(358)
|
(365)
|
(383)
|
(384)
|
|
Gross Profit |
92
N/A
|
113
+23%
|
126
+12%
|
135
+7%
|
138
+2%
|
137
-1%
|
139
+2%
|
135
-3%
|
134
-1%
|
137
+2%
|
140
+3%
|
141
+0%
|
148
+5%
|
159
+7%
|
166
+4%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(21)
|
(26)
|
(30)
|
(33)
|
(31)
|
(28)
|
(35)
|
(40)
|
(45)
|
(52)
|
(52)
|
(49)
|
(53)
|
(63)
|
(66)
|
|
Selling, General & Administrative |
(16)
|
(22)
|
(24)
|
(25)
|
(25)
|
(25)
|
(26)
|
(29)
|
(31)
|
(32)
|
(36)
|
(35)
|
(37)
|
(33)
|
(37)
|
|
Research & Development |
(6)
|
(10)
|
(12)
|
(14)
|
(15)
|
(13)
|
(16)
|
(16)
|
(17)
|
(14)
|
(16)
|
(16)
|
(17)
|
(26)
|
(27)
|
|
Depreciation & Amortization |
(3)
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
|
Other Operating Expenses |
3
|
11
|
5
|
6
|
10
|
16
|
7
|
5
|
2
|
2
|
(0)
|
2
|
2
|
2
|
(2)
|
|
Operating Income |
71
N/A
|
87
+23%
|
96
+11%
|
102
+6%
|
106
+5%
|
109
+2%
|
104
-4%
|
95
-9%
|
89
-6%
|
85
-4%
|
88
+3%
|
91
+4%
|
96
+5%
|
97
+1%
|
100
+3%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
(2)
|
(3)
|
(1)
|
2
|
6
|
7
|
13
|
15
|
15
|
11
|
9
|
5
|
3
|
3
|
2
|
|
Non-Reccuring Items |
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
|
Total Other Income |
25
|
25
|
36
|
17
|
9
|
8
|
(3)
|
(4)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Pre-Tax Income |
94
N/A
|
108
+16%
|
131
+21%
|
121
-8%
|
121
+0%
|
124
+2%
|
114
-8%
|
106
-8%
|
103
-3%
|
94
-9%
|
96
+1%
|
95
0%
|
97
+1%
|
99
+3%
|
100
+1%
|
|
Net Income | ||||||||||||||||
Tax Provision |
(13)
|
(15)
|
(18)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(12)
|
1
|
1
|
1
|
(0)
|
(12)
|
(12)
|
|
Income from Continuing Operations |
80
|
93
|
112
|
105
|
105
|
108
|
100
|
92
|
91
|
95
|
96
|
96
|
96
|
87
|
88
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
80
N/A
|
93
+16%
|
112
+21%
|
105
-7%
|
105
+0%
|
108
+2%
|
100
-8%
|
92
-8%
|
91
-1%
|
95
+5%
|
97
+1%
|
96
0%
|
96
+0%
|
87
-9%
|
88
+1%
|
|
EPS (Diluted) |
1.6
N/A
|
1.86
+16%
|
1.68
-10%
|
1.05
-38%
|
0.74
-30%
|
0.94
+27%
|
0.82
-13%
|
0.77
-6%
|
0.75
-3%
|
0.79
+5%
|
0.8
+1%
|
0.8
N/A
|
0.8
N/A
|
0.73
-9%
|
0.73
N/A
|