China Steel Structure Co Ltd
TWSE:2013
Income Statement
Earnings Waterfall
China Steel Structure Co Ltd
Income Statement
China Steel Structure Co Ltd
| Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | 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 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
113
|
100
|
81
|
49
|
24
|
16
|
12
|
11
|
9
|
6
|
13
|
26
|
38
|
46
|
50
|
47
|
47
|
46
|
44
|
48
|
53
|
57
|
60
|
59
|
59
|
60
|
63
|
66
|
68
|
70
|
70
|
73
|
72
|
68
|
68
|
63
|
60
|
60
|
59
|
60
|
62
|
65
|
65
|
64
|
62
|
58
|
54
|
48
|
42
|
36
|
31
|
28
|
27
|
27
|
32
|
46
|
58
|
68
|
74
|
74
|
74
|
78
|
83
|
84
|
87
|
84
|
79
|
73
|
|
| Revenue |
19 800
N/A
|
18 601
-6%
|
15 903
-15%
|
13 426
-16%
|
13 017
-3%
|
12 411
-5%
|
13 182
+6%
|
13 740
+4%
|
13 722
0%
|
14 719
+7%
|
15 292
+4%
|
17 471
+14%
|
18 179
+4%
|
19 245
+6%
|
19 629
+2%
|
18 845
-4%
|
20 049
+6%
|
19 998
0%
|
20 526
+3%
|
21 101
+3%
|
19 568
-7%
|
19 202
-2%
|
18 523
-4%
|
17 369
-6%
|
17 283
0%
|
17 091
-1%
|
16 120
-6%
|
15 457
-4%
|
15 660
+1%
|
15 226
-3%
|
15 612
+3%
|
17 224
+10%
|
17 107
-1%
|
17 631
+3%
|
17 745
+1%
|
16 906
-5%
|
16 504
-2%
|
16 228
-2%
|
17 805
+10%
|
18 671
+5%
|
20 361
+9%
|
21 129
+4%
|
19 952
-6%
|
18 243
-9%
|
16 706
-8%
|
15 123
-9%
|
13 868
-8%
|
13 572
-2%
|
13 242
-2%
|
13 629
+3%
|
13 857
+2%
|
15 070
+9%
|
15 971
+6%
|
16 938
+6%
|
17 805
+5%
|
18 763
+5%
|
19 364
+3%
|
19 743
+2%
|
20 539
+4%
|
19 567
-5%
|
18 839
-4%
|
18 600
-1%
|
18 159
-2%
|
18 858
+4%
|
19 695
+4%
|
20 222
+3%
|
21 245
+5%
|
21 134
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(19 176)
|
(17 947)
|
(15 250)
|
(12 818)
|
(12 441)
|
(11 848)
|
(12 576)
|
(13 005)
|
(12 964)
|
(13 863)
|
(14 387)
|
(16 631)
|
(17 349)
|
(18 451)
|
(18 846)
|
(18 043)
|
(19 139)
|
(18 978)
|
(19 572)
|
(20 163)
|
(18 739)
|
(18 422)
|
(17 775)
|
(16 763)
|
(16 770)
|
(16 640)
|
(15 650)
|
(14 923)
|
(15 071)
|
(14 736)
|
(15 157)
|
(16 743)
|
(16 724)
|
(17 137)
|
(17 278)
|
(16 522)
|
(16 161)
|
(15 928)
|
(17 518)
|
(18 348)
|
(20 005)
|
(20 756)
|
(19 573)
|
(17 859)
|
(16 306)
|
(14 708)
|
(13 405)
|
(13 067)
|
(12 598)
|
(12 840)
|
(13 088)
|
(14 220)
|
(15 041)
|
(16 086)
|
(16 898)
|
(17 898)
|
(18 402)
|
(18 764)
|
(19 471)
|
(18 443)
|
(17 860)
|
(17 584)
|
(17 144)
|
(17 805)
|
(18 635)
|
(19 151)
|
(20 176)
|
(20 085)
|
|
| Gross Profit |
624
N/A
|
655
+5%
|
653
0%
|
609
-7%
|
576
-5%
|
563
-2%
|
606
+8%
|
736
+21%
|
758
+3%
|
856
+13%
|
905
+6%
|
840
-7%
|
830
-1%
|
794
-4%
|
783
-1%
|
797
+2%
|
910
+14%
|
1 018
+12%
|
955
-6%
|
937
-2%
|
829
-11%
|
779
-6%
|
747
-4%
|
605
-19%
|
513
-15%
|
452
-12%
|
470
+4%
|
534
+14%
|
589
+10%
|
490
-17%
|
454
-7%
|
481
+6%
|
383
-20%
|
494
+29%
|
467
-5%
|
384
-18%
|
343
-11%
|
300
-12%
|
286
-5%
|
322
+13%
|
356
+10%
|
373
+5%
|
379
+2%
|
383
+1%
|
400
+4%
|
415
+4%
|
463
+12%
|
505
+9%
|
644
+28%
|
789
+22%
|
769
-3%
|
850
+11%
|
930
+9%
|
852
-8%
|
908
+7%
|
865
-5%
|
962
+11%
|
979
+2%
|
1 068
+9%
|
1 124
+5%
|
979
-13%
|
1 016
+4%
|
1 015
0%
|
1 052
+4%
|
1 060
+1%
|
1 070
+1%
|
1 069
0%
|
1 048
-2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(420)
|
(417)
|
(408)
|
(392)
|
(332)
|
(332)
|
(333)
|
(417)
|
(427)
|
(431)
|
(435)
|
(381)
|
(420)
|
(410)
|
(407)
|
(395)
|
(395)
|
(401)
|
(412)
|
(410)
|
(395)
|
(398)
|
(394)
|
(381)
|
(375)
|
(356)
|
(352)
|
(363)
|
(409)
|
(417)
|
(414)
|
(406)
|
(390)
|
(380)
|
(376)
|
(376)
|
(342)
|
(336)
|
(332)
|
(335)
|
(330)
|
(325)
|
(325)
|
(321)
|
(305)
|
(301)
|
(318)
|
(327)
|
(366)
|
(497)
|
(474)
|
(471)
|
(458)
|
(333)
|
(340)
|
(326)
|
(334)
|
(335)
|
(357)
|
(367)
|
(375)
|
(381)
|
(366)
|
(373)
|
(360)
|
(370)
|
(375)
|
(375)
|
|
| Selling, General & Administrative |
(418)
|
(410)
|
(402)
|
(384)
|
(328)
|
(330)
|
(330)
|
(414)
|
(425)
|
(441)
|
(446)
|
(392)
|
(420)
|
(410)
|
(407)
|
(395)
|
(394)
|
(401)
|
(412)
|
(411)
|
(395)
|
(399)
|
(394)
|
(381)
|
(375)
|
(354)
|
(349)
|
(358)
|
(403)
|
(411)
|
(407)
|
(399)
|
(382)
|
(372)
|
(369)
|
(370)
|
(334)
|
(330)
|
(326)
|
(328)
|
(323)
|
(316)
|
(316)
|
(312)
|
(296)
|
(292)
|
(306)
|
(311)
|
(344)
|
(472)
|
(451)
|
(448)
|
(437)
|
(313)
|
(321)
|
(309)
|
(317)
|
(319)
|
(341)
|
(349)
|
(357)
|
(361)
|
(346)
|
(353)
|
(341)
|
(352)
|
(355)
|
(355)
|
|
| Research & Development |
(2)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(12)
|
(16)
|
(22)
|
(17)
|
(15)
|
(15)
|
(21)
|
(20)
|
(19)
|
(17)
|
(17)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(19)
|
(19)
|
(21)
|
(21)
|
|
| Other Operating Expenses |
0
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
10
|
11
|
11
|
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
|
(8)
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
204
N/A
|
238
+17%
|
245
+3%
|
217
-11%
|
244
+12%
|
231
-5%
|
272
+18%
|
319
+17%
|
332
+4%
|
425
+28%
|
470
+11%
|
460
-2%
|
410
-11%
|
384
-6%
|
377
-2%
|
406
+8%
|
515
+27%
|
618
+20%
|
543
-12%
|
527
-3%
|
434
-18%
|
381
-12%
|
353
-7%
|
224
-37%
|
138
-39%
|
96
-31%
|
118
+24%
|
171
+44%
|
180
+5%
|
72
-60%
|
41
-44%
|
75
+84%
|
(7)
N/A
|
114
N/A
|
91
-21%
|
7
-92%
|
1
-84%
|
(36)
N/A
|
(46)
-27%
|
(12)
+73%
|
26
N/A
|
48
+87%
|
55
+12%
|
62
+14%
|
95
+52%
|
114
+20%
|
145
+27%
|
178
+23%
|
278
+56%
|
292
+5%
|
294
+1%
|
379
+29%
|
472
+25%
|
519
+10%
|
568
+9%
|
539
-5%
|
628
+17%
|
643
+2%
|
711
+10%
|
758
+7%
|
604
-20%
|
635
+5%
|
649
+2%
|
679
+5%
|
700
+3%
|
700
0%
|
693
-1%
|
673
-3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
15
|
8
|
15
|
28
|
68
|
65
|
60
|
98
|
96
|
100
|
107
|
79
|
71
|
63
|
69
|
55
|
47
|
57
|
62
|
65
|
71
|
69
|
59
|
143
|
164
|
160
|
156
|
81
|
54
|
174
|
167
|
133
|
143
|
(9)
|
(8)
|
46
|
69
|
90
|
112
|
94
|
76
|
88
|
75
|
70
|
46
|
42
|
326
|
351
|
462
|
486
|
199
|
168
|
79
|
76
|
97
|
152
|
(17)
|
(51)
|
(102)
|
(162)
|
8
|
11
|
23
|
10
|
22
|
30
|
42
|
68
|
|
| Non-Reccuring Items |
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
58
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
50
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
2
|
2
|
10
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
1
|
0
|
0
|
1
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
34
|
34
|
34
|
0
|
0
|
(0)
|
1
|
0
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
(0)
|
(60)
|
0
|
(60)
|
(60)
|
|
| Total Other Income |
16
|
22
|
47
|
48
|
34
|
54
|
26
|
(4)
|
15
|
(9)
|
(13)
|
53
|
197
|
262
|
276
|
287
|
115
|
86
|
71
|
16
|
20
|
(9)
|
(8)
|
(7)
|
(5)
|
(4)
|
(17)
|
(10)
|
(6)
|
(6)
|
9
|
(8)
|
(10)
|
(7)
|
(11)
|
1
|
6
|
3
|
5
|
7
|
(3)
|
(3)
|
1
|
0
|
(4)
|
(5)
|
(6)
|
14
|
19
|
21
|
20
|
(4)
|
(7)
|
27
|
(7)
|
(6)
|
(2)
|
5
|
19
|
22
|
24
|
12
|
1
|
(1)
|
(11)
|
(71)
|
(9)
|
(10)
|
|
| Pre-Tax Income |
283
N/A
|
268
-5%
|
306
+14%
|
293
-4%
|
347
+18%
|
349
+1%
|
358
+2%
|
412
+15%
|
454
+10%
|
516
+14%
|
565
+9%
|
592
+5%
|
678
+15%
|
709
+5%
|
724
+2%
|
750
+4%
|
745
-1%
|
760
+2%
|
673
-11%
|
607
-10%
|
526
-13%
|
441
-16%
|
404
-8%
|
360
-11%
|
298
-17%
|
252
-15%
|
258
+2%
|
242
-6%
|
228
-6%
|
240
+5%
|
214
-11%
|
202
-6%
|
126
-38%
|
99
-22%
|
73
-26%
|
53
-28%
|
76
+45%
|
57
-25%
|
71
+24%
|
90
+27%
|
99
+11%
|
134
+35%
|
132
-2%
|
133
+1%
|
137
+3%
|
151
+10%
|
465
+208%
|
543
+17%
|
759
+40%
|
799
+5%
|
548
-31%
|
578
+5%
|
578
+0%
|
621
+7%
|
658
+6%
|
684
+4%
|
611
-11%
|
599
-2%
|
628
+5%
|
617
-2%
|
634
+3%
|
659
+4%
|
672
+2%
|
689
+2%
|
651
-5%
|
659
+1%
|
666
+1%
|
670
+1%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(54)
|
(55)
|
(126)
|
(138)
|
(124)
|
(124)
|
(91)
|
(83)
|
(104)
|
(115)
|
(89)
|
(94)
|
(124)
|
(126)
|
(154)
|
(161)
|
(153)
|
(154)
|
(90)
|
(80)
|
(90)
|
(74)
|
(87)
|
(75)
|
(41)
|
(32)
|
(36)
|
(35)
|
(55)
|
(76)
|
(77)
|
(89)
|
(54)
|
(31)
|
(22)
|
(10)
|
(22)
|
8
|
13
|
13
|
18
|
(25)
|
(22)
|
(27)
|
21
|
26
|
(39)
|
(39)
|
(128)
|
(133)
|
(71)
|
(83)
|
(84)
|
(94)
|
(113)
|
(120)
|
(132)
|
(132)
|
(146)
|
(145)
|
(98)
|
(102)
|
(99)
|
(104)
|
(112)
|
(112)
|
(109)
|
(78)
|
|
| Income from Continuing Operations |
229
|
213
|
181
|
155
|
223
|
225
|
267
|
329
|
350
|
401
|
476
|
498
|
554
|
583
|
569
|
588
|
592
|
606
|
583
|
527
|
436
|
367
|
318
|
286
|
257
|
220
|
222
|
207
|
173
|
164
|
137
|
113
|
72
|
68
|
51
|
43
|
54
|
65
|
84
|
103
|
118
|
110
|
110
|
106
|
158
|
177
|
426
|
504
|
631
|
666
|
477
|
495
|
494
|
527
|
545
|
564
|
479
|
467
|
482
|
472
|
536
|
557
|
573
|
585
|
539
|
547
|
557
|
592
|
|
| Net Income (Common) |
229
N/A
|
213
-7%
|
181
-15%
|
155
-14%
|
223
+44%
|
225
+1%
|
267
+19%
|
329
+23%
|
350
+6%
|
401
+15%
|
476
+19%
|
498
+5%
|
554
+11%
|
583
+5%
|
569
-2%
|
588
+3%
|
592
+1%
|
606
+2%
|
583
-4%
|
527
-10%
|
436
-17%
|
367
-16%
|
318
-13%
|
286
-10%
|
257
-10%
|
220
-14%
|
222
+1%
|
207
-7%
|
173
-16%
|
164
-5%
|
137
-16%
|
113
-18%
|
72
-36%
|
68
-6%
|
51
-24%
|
43
-17%
|
54
+28%
|
65
+20%
|
84
+29%
|
103
+23%
|
118
+15%
|
110
-7%
|
110
+0%
|
106
-3%
|
158
+48%
|
177
+12%
|
426
+141%
|
504
+18%
|
631
+25%
|
666
+6%
|
477
-28%
|
495
+4%
|
494
0%
|
527
+7%
|
545
+3%
|
564
+4%
|
479
-15%
|
467
-3%
|
482
+3%
|
472
-2%
|
536
+14%
|
557
+4%
|
573
+3%
|
585
+2%
|
539
-8%
|
547
+1%
|
557
+2%
|
592
+6%
|
|
| EPS (Diluted) |
1.48
N/A
|
1.37
-7%
|
1.17
-15%
|
1
-15%
|
1.44
+44%
|
1.45
+1%
|
1.72
+19%
|
1.93
+12%
|
2.08
+8%
|
2.06
-1%
|
2.44
+18%
|
2.57
+5%
|
2.85
+11%
|
3
+5%
|
2.93
-2%
|
3.03
+3%
|
3.05
+1%
|
3.12
+2%
|
3
-4%
|
2.71
-10%
|
2.25
-17%
|
1.89
-16%
|
1.64
-13%
|
1.47
-10%
|
1.33
-10%
|
1.13
-15%
|
1.14
+1%
|
1.07
-6%
|
0.89
-17%
|
0.85
-4%
|
0.71
-16%
|
0.58
-18%
|
0.37
-36%
|
0.34
-8%
|
0.26
-24%
|
0.22
-15%
|
0.28
+27%
|
0.34
+21%
|
0.44
+29%
|
0.53
+20%
|
0.61
+15%
|
0.57
-7%
|
0.57
N/A
|
0.55
-4%
|
0.81
+47%
|
0.91
+12%
|
2.2
+142%
|
2.6
+18%
|
3.25
+25%
|
3.43
+6%
|
2.38
-31%
|
2.47
+4%
|
2.48
+0%
|
2.63
+6%
|
2.72
+3%
|
2.81
+3%
|
2.39
-15%
|
2.33
-3%
|
2.41
+3%
|
2.35
-2%
|
2.67
+14%
|
2.78
+4%
|
2.86
+3%
|
2.91
+2%
|
2.69
-8%
|
2.72
+1%
|
2.77
+2%
|
2.95
+6%
|
|