CSPC Pharmaceutical Group Ltd
HKEX:1093
Income Statement
Earnings Waterfall
CSPC Pharmaceutical Group Ltd
Revenue
|
30.3B
CNY
|
Cost of Revenue
|
-8.9B
CNY
|
Gross Profit
|
21.4B
CNY
|
Operating Expenses
|
-14.6B
CNY
|
Operating Income
|
6.8B
CNY
|
Other Expenses
|
-1.6B
CNY
|
Net Income
|
5.2B
CNY
|
Income Statement
CSPC Pharmaceutical Group Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
8 449
N/A
|
9 845
+17%
|
8 911
-9%
|
9 052
+2%
|
9 082
+0%
|
9 503
+5%
|
9 515
+0%
|
9 808
+3%
|
10 221
+4%
|
11 078
+8%
|
11 146
+1%
|
11 781
+6%
|
12 532
+6%
|
13 848
+10%
|
14 684
+6%
|
15 782
+7%
|
16 746
+6%
|
17 717
+6%
|
18 835
+6%
|
20 135
+7%
|
21 335
+6%
|
22 103
+4%
|
22 735
+3%
|
23 515
+3%
|
24 558
+4%
|
24 942
+2%
|
25 551
+2%
|
26 175
+2%
|
26 369
+1%
|
27 867
+6%
|
29 007
+4%
|
29 655
+2%
|
30 721
+4%
|
30 937
+1%
|
31 116
+1%
|
31 407
+1%
|
31 306
0%
|
31 450
+0%
|
32 380
+3%
|
31 654
-2%
|
30 271
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 333)
|
(6 082)
|
(5 355)
|
(5 266)
|
(5 094)
|
(5 149)
|
(5 049)
|
(5 088)
|
(5 164)
|
(5 427)
|
(5 216)
|
(5 286)
|
(5 345)
|
(5 478)
|
(5 544)
|
(5 749)
|
(5 810)
|
(5 979)
|
(6 068)
|
(6 181)
|
(6 279)
|
(6 192)
|
(6 136)
|
(5 979)
|
(6 078)
|
(6 257)
|
(6 210)
|
(6 402)
|
(6 484)
|
(6 732)
|
(7 245)
|
(7 706)
|
(8 159)
|
(8 680)
|
(9 152)
|
(9 252)
|
(9 340)
|
(9 273)
|
(9 226)
|
(9 060)
|
(8 901)
|
|
Gross Profit |
3 116
N/A
|
3 763
+21%
|
3 556
-5%
|
3 787
+6%
|
3 989
+5%
|
4 355
+9%
|
4 465
+3%
|
4 720
+6%
|
5 058
+7%
|
5 650
+12%
|
5 930
+5%
|
6 494
+10%
|
7 187
+11%
|
8 370
+16%
|
9 140
+9%
|
10 033
+10%
|
10 936
+9%
|
11 737
+7%
|
12 767
+9%
|
13 954
+9%
|
15 056
+8%
|
15 911
+6%
|
16 599
+4%
|
17 536
+6%
|
18 479
+5%
|
18 685
+1%
|
19 340
+4%
|
19 773
+2%
|
19 885
+1%
|
21 135
+6%
|
21 762
+3%
|
21 949
+1%
|
22 562
+3%
|
22 256
-1%
|
21 964
-1%
|
22 156
+1%
|
21 966
-1%
|
22 177
+1%
|
23 154
+4%
|
22 594
-2%
|
21 370
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 894)
|
(2 261)
|
(2 092)
|
(2 235)
|
(2 329)
|
(2 549)
|
(2 597)
|
(2 715)
|
(2 919)
|
(3 270)
|
(3 483)
|
(3 848)
|
(4 332)
|
(5 234)
|
(5 899)
|
(6 627)
|
(7 355)
|
(8 011)
|
(8 728)
|
(9 672)
|
(10 559)
|
(11 262)
|
(11 915)
|
(12 576)
|
(13 127)
|
(13 123)
|
(12 695)
|
(13 104)
|
(13 202)
|
(14 632)
|
(15 087)
|
(15 030)
|
(15 284)
|
(15 064)
|
(14 637)
|
(14 810)
|
(14 712)
|
(14 827)
|
(15 393)
|
(14 833)
|
(14 616)
|
|
Selling, General & Administrative |
(1 754)
|
(2 103)
|
(1 936)
|
(2 041)
|
(2 155)
|
(2 337)
|
(2 384)
|
(2 497)
|
(2 669)
|
(2 993)
|
(3 140)
|
(3 455)
|
(3 853)
|
(4 529)
|
(5 111)
|
(5 708)
|
(6 316)
|
(6 841)
|
(7 426)
|
(8 202)
|
(8 887)
|
(9 461)
|
(10 050)
|
(10 317)
|
(10 552)
|
(10 361)
|
(10 400)
|
(10 725)
|
(10 784)
|
(11 457)
|
(11 704)
|
(11 647)
|
(11 935)
|
(11 485)
|
(11 191)
|
(10 973)
|
(10 410)
|
(10 349)
|
(10 890)
|
(10 321)
|
(9 966)
|
|
Research & Development |
0
|
(276)
|
(133)
|
(137)
|
(194)
|
(271)
|
(267)
|
(287)
|
(297)
|
(361)
|
(413)
|
(471)
|
(539)
|
(730)
|
(823)
|
(976)
|
(1 198)
|
(1 342)
|
(1 543)
|
(1 725)
|
(1 928)
|
(2 000)
|
(2 108)
|
(2 511)
|
(2 765)
|
(2 890)
|
(2 389)
|
(2 427)
|
(2 508)
|
(3 433)
|
(3 643)
|
(3 704)
|
(3 845)
|
(3 987)
|
(4 093)
|
(4 406)
|
(4 744)
|
(4 830)
|
(4 992)
|
(5 069)
|
(5 032)
|
|
Other Operating Expenses |
(140)
|
117
|
(23)
|
(57)
|
20
|
59
|
54
|
69
|
47
|
84
|
70
|
78
|
60
|
25
|
35
|
57
|
160
|
172
|
240
|
255
|
256
|
199
|
242
|
253
|
190
|
129
|
95
|
47
|
90
|
258
|
261
|
320
|
496
|
407
|
647
|
569
|
442
|
352
|
489
|
557
|
382
|
|
Operating Income |
1 222
N/A
|
1 502
+23%
|
1 465
-2%
|
1 551
+6%
|
1 660
+7%
|
1 806
+9%
|
1 868
+3%
|
2 004
+7%
|
2 138
+7%
|
2 380
+11%
|
2 447
+3%
|
2 647
+8%
|
2 855
+8%
|
3 136
+10%
|
3 242
+3%
|
3 406
+5%
|
3 581
+5%
|
3 726
+4%
|
4 039
+8%
|
4 283
+6%
|
4 496
+5%
|
4 649
+3%
|
4 683
+1%
|
4 960
+6%
|
5 352
+8%
|
5 563
+4%
|
6 645
+19%
|
6 669
+0%
|
6 683
+0%
|
6 503
-3%
|
6 675
+3%
|
6 919
+4%
|
7 278
+5%
|
7 192
-1%
|
7 327
+2%
|
7 345
+0%
|
7 254
-1%
|
7 349
+1%
|
7 760
+6%
|
7 761
+0%
|
6 754
-13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(42)
|
(48)
|
(38)
|
(38)
|
(37)
|
(31)
|
(35)
|
(29)
|
(19)
|
(1)
|
(7)
|
(10)
|
(21)
|
(15)
|
(32)
|
0
|
(1)
|
82
|
(11)
|
(29)
|
(5)
|
109
|
72
|
70
|
27
|
508
|
44
|
423
|
429
|
367
|
152
|
(13)
|
(54)
|
421
|
272
|
215
|
329
|
72
|
(94)
|
(190)
|
(139)
|
|
Non-Reccuring Items |
0
|
4
|
0
|
1
|
(6)
|
(13)
|
0
|
(13)
|
(6)
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(132)
|
169
|
174
|
174
|
321
|
30
|
47
|
47
|
(23)
|
0
|
(2)
|
(2)
|
(31)
|
0
|
(16)
|
12
|
(32)
|
0
|
(62)
|
(90)
|
|
Total Other Income |
(6)
|
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
|
|
Pre-Tax Income |
1 174
N/A
|
1 457
+24%
|
1 427
-2%
|
1 515
+6%
|
1 617
+7%
|
1 762
+9%
|
1 834
+4%
|
1 963
+7%
|
2 114
+8%
|
2 360
+12%
|
2 440
+3%
|
2 636
+8%
|
2 834
+8%
|
3 103
+10%
|
3 210
+3%
|
3 407
+6%
|
3 580
+5%
|
3 792
+6%
|
4 028
+6%
|
4 254
+6%
|
4 491
+6%
|
4 626
+3%
|
4 924
+6%
|
5 204
+6%
|
5 553
+7%
|
6 391
+15%
|
6 720
+5%
|
7 138
+6%
|
7 159
+0%
|
6 847
-4%
|
6 827
0%
|
6 904
+1%
|
7 222
+5%
|
7 582
+5%
|
7 599
+0%
|
7 544
-1%
|
7 595
+1%
|
7 389
-3%
|
7 667
+4%
|
7 509
-2%
|
6 525
-13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(261)
|
(303)
|
(290)
|
(313)
|
(327)
|
(361)
|
(369)
|
(393)
|
(427)
|
(468)
|
(492)
|
(537)
|
(571)
|
(614)
|
(630)
|
(669)
|
(709)
|
(734)
|
(763)
|
(802)
|
(840)
|
(893)
|
(966)
|
(1 009)
|
(1 092)
|
(1 162)
|
(1 165)
|
(1 151)
|
(1 108)
|
(1 159)
|
(1 202)
|
(1 298)
|
(1 360)
|
(1 350)
|
(1 332)
|
(1 281)
|
(1 289)
|
(1 317)
|
(1 433)
|
(1 443)
|
(1 295)
|
|
Income from Continuing Operations |
913
|
1 154
|
1 137
|
1 202
|
1 290
|
1 401
|
1 465
|
1 570
|
1 687
|
1 893
|
1 949
|
2 100
|
2 263
|
2 490
|
2 580
|
2 738
|
2 871
|
3 058
|
3 265
|
3 451
|
3 651
|
3 733
|
3 958
|
4 196
|
4 462
|
5 229
|
5 554
|
5 988
|
6 051
|
5 688
|
5 625
|
5 606
|
5 862
|
6 232
|
6 267
|
6 263
|
6 306
|
6 073
|
6 233
|
6 066
|
5 230
|
|
Income to Minority Interest |
(13)
|
(14)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(7)
|
6
|
12
|
22
|
29
|
3
|
(27)
|
(19)
|
(37)
|
(46)
|
(41)
|
(69)
|
(83)
|
(79)
|
(74)
|
(83)
|
(87)
|
(97)
|
(124)
|
(141)
|
(151)
|
(171)
|
(188)
|
(199)
|
(176)
|
(139)
|
(74)
|
|
Net Income (Common) |
900
N/A
|
1 140
+27%
|
1 125
-1%
|
1 189
+6%
|
1 277
+7%
|
1 389
+9%
|
1 453
+5%
|
1 559
+7%
|
1 677
+8%
|
1 881
+12%
|
1 939
+3%
|
2 090
+8%
|
2 254
+8%
|
2 481
+10%
|
2 573
+4%
|
2 744
+7%
|
2 883
+5%
|
3 081
+7%
|
3 294
+7%
|
3 454
+5%
|
3 625
+5%
|
3 714
+2%
|
3 922
+6%
|
4 150
+6%
|
4 421
+7%
|
5 160
+17%
|
5 472
+6%
|
5 908
+8%
|
5 977
+1%
|
5 605
-6%
|
5 538
-1%
|
5 509
-1%
|
5 738
+4%
|
6 091
+6%
|
6 116
+0%
|
6 092
0%
|
6 118
+0%
|
5 873
-4%
|
6 057
+3%
|
5 927
-2%
|
5 157
-13%
|
|
EPS (Diluted) |
0.15
N/A
|
0.19
+27%
|
0.19
N/A
|
0.2
+5%
|
0.22
+10%
|
0.12
-45%
|
0.25
+108%
|
0.26
+4%
|
0.28
+8%
|
0.16
-43%
|
0.32
+100%
|
0.35
+9%
|
0.37
+6%
|
0.21
-43%
|
0.42
+100%
|
0.44
+5%
|
0.46
+5%
|
0.26
-43%
|
0.44
+69%
|
0.28
-36%
|
0.36
+29%
|
0.31
-14%
|
0.34
+10%
|
0.36
+6%
|
0.37
+3%
|
0.43
+16%
|
0.46
+7%
|
0.49
+7%
|
0.5
+2%
|
0.47
-6%
|
0.46
-2%
|
0.46
N/A
|
0.48
+4%
|
0.51
+6%
|
0.51
N/A
|
0.51
N/A
|
0.51
N/A
|
0.49
-4%
|
0.51
+4%
|
0.5
-2%
|
0.44
-12%
|