Grand Pharmaceutical Group Ltd
HKEX:512
Income Statement
Earnings Waterfall
Grand Pharmaceutical Group Ltd
Revenue
|
11.6B
HKD
|
Cost of Revenue
|
-4.9B
HKD
|
Gross Profit
|
6.7B
HKD
|
Operating Expenses
|
-4.5B
HKD
|
Operating Income
|
2.2B
HKD
|
Other Expenses
|
248.9m
HKD
|
Net Income
|
2.5B
HKD
|
Income Statement
Grand Pharmaceutical Group Ltd
Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
63
N/A
|
62
-2%
|
46
-25%
|
45
-3%
|
42
-6%
|
44
+3%
|
49
+12%
|
60
+22%
|
270
+349%
|
514
+91%
|
545
+6%
|
677
+24%
|
1 055
+56%
|
1 486
+41%
|
1 648
+11%
|
1 866
+13%
|
2 059
+10%
|
2 328
+13%
|
2 658
+14%
|
2 958
+11%
|
3 122
+6%
|
3 071
-2%
|
3 246
+6%
|
3 450
+6%
|
3 696
+7%
|
4 190
+13%
|
4 771
+14%
|
5 732
+20%
|
5 958
+4%
|
6 309
+6%
|
6 591
+4%
|
6 259
-5%
|
6 353
+1%
|
7 664
+21%
|
8 598
+12%
|
9 244
+8%
|
9 562
+3%
|
10 339
+8%
|
10 530
+2%
|
10 587
+1%
|
11 645
+10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(43)
|
(44)
|
(26)
|
(25)
|
(23)
|
(24)
|
(26)
|
(32)
|
(160)
|
(292)
|
(295)
|
(391)
|
(680)
|
(999)
|
(1 133)
|
(1 291)
|
(1 414)
|
(1 596)
|
(1 772)
|
(1 915)
|
(1 929)
|
(1 842)
|
(1 895)
|
(1 954)
|
(1 964)
|
(2 065)
|
(2 291)
|
(2 539)
|
(2 797)
|
(2 743)
|
(2 549)
|
(2 450)
|
(2 318)
|
(2 776)
|
(3 351)
|
(3 630)
|
(3 611)
|
(3 779)
|
(4 006)
|
(4 340)
|
(4 907)
|
|
Gross Profit |
21
N/A
|
18
-12%
|
20
+12%
|
20
-1%
|
19
-5%
|
20
+4%
|
23
+15%
|
28
+23%
|
110
+292%
|
223
+103%
|
250
+12%
|
286
+14%
|
375
+31%
|
487
+30%
|
515
+6%
|
575
+12%
|
645
+12%
|
732
+14%
|
887
+21%
|
1 043
+18%
|
1 194
+14%
|
1 230
+3%
|
1 350
+10%
|
1 496
+11%
|
1 732
+16%
|
2 125
+23%
|
2 479
+17%
|
3 193
+29%
|
3 162
-1%
|
3 567
+13%
|
4 041
+13%
|
3 809
-6%
|
4 035
+6%
|
4 887
+21%
|
5 247
+7%
|
5 614
+7%
|
5 951
+6%
|
6 560
+10%
|
6 524
-1%
|
6 247
-4%
|
6 738
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(166)
|
(160)
|
(122)
|
(107)
|
(26)
|
(35)
|
(69)
|
(75)
|
(111)
|
(181)
|
(197)
|
(219)
|
(190)
|
(291)
|
(390)
|
(462)
|
(488)
|
(556)
|
(677)
|
(781)
|
(877)
|
(875)
|
(996)
|
(1 038)
|
(1 275)
|
(1 496)
|
(1 787)
|
(2 294)
|
(2 200)
|
(2 313)
|
(2 701)
|
(2 307)
|
(2 252)
|
(2 789)
|
(3 066)
|
(3 016)
|
(3 205)
|
(3 914)
|
(3 665)
|
(3 512)
|
(4 519)
|
|
Selling, General & Administrative |
(66)
|
(58)
|
(63)
|
(50)
|
(39)
|
(46)
|
(75)
|
(83)
|
(117)
|
(185)
|
(204)
|
(231)
|
(330)
|
(437)
|
(468)
|
(526)
|
(577)
|
(646)
|
(772)
|
(884)
|
(981)
|
(971)
|
(1 041)
|
(1 170)
|
(1 302)
|
(1 591)
|
(1 847)
|
(2 415)
|
(2 311)
|
(2 537)
|
(2 910)
|
(2 586)
|
(2 563)
|
(3 124)
|
(3 308)
|
(3 388)
|
(3 374)
|
(3 783)
|
(3 861)
|
(3 745)
|
(4 696)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
0
|
0
|
0
|
(12)
|
0
|
(12)
|
0
|
(13)
|
0
|
(16)
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(100)
|
(101)
|
(59)
|
(57)
|
13
|
11
|
5
|
8
|
7
|
4
|
7
|
12
|
141
|
146
|
78
|
65
|
90
|
90
|
97
|
104
|
103
|
96
|
57
|
132
|
39
|
95
|
73
|
122
|
126
|
225
|
217
|
279
|
311
|
335
|
242
|
371
|
168
|
(131)
|
195
|
234
|
177
|
|
Operating Income |
(145)
N/A
|
(142)
+3%
|
(102)
+28%
|
(87)
+15%
|
(7)
+92%
|
(15)
-124%
|
(47)
-207%
|
(47)
0%
|
(1)
+99%
|
42
N/A
|
53
+27%
|
67
+25%
|
185
+178%
|
196
+6%
|
125
-36%
|
114
-9%
|
157
+38%
|
176
+12%
|
210
+19%
|
262
+25%
|
317
+21%
|
354
+12%
|
354
+0%
|
458
+29%
|
457
0%
|
629
+38%
|
693
+10%
|
899
+30%
|
961
+7%
|
1 254
+30%
|
1 340
+7%
|
1 503
+12%
|
1 783
+19%
|
2 098
+18%
|
2 182
+4%
|
2 598
+19%
|
2 746
+6%
|
2 645
-4%
|
2 859
+8%
|
2 735
-4%
|
2 220
-19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(11)
|
(9)
|
(7)
|
(8)
|
(5)
|
(5)
|
(9)
|
(11)
|
(14)
|
3
|
(4)
|
(27)
|
(49)
|
(40)
|
(26)
|
(22)
|
(42)
|
(50)
|
(77)
|
(98)
|
(114)
|
(128)
|
(134)
|
(189)
|
(167)
|
(179)
|
(157)
|
(197)
|
(106)
|
(100)
|
(12)
|
45
|
282
|
512
|
602
|
(305)
|
(195)
|
378
|
(99)
|
154
|
628
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
0
|
18
|
22
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
20
|
0
|
24
|
0
|
23
|
0
|
29
|
0
|
28
|
0
|
9
|
0
|
2
|
0
|
(34)
|
(96)
|
(415)
|
(39)
|
5
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
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 |
(157)
N/A
|
(151)
+4%
|
(109)
+28%
|
(95)
+13%
|
(12)
+87%
|
(21)
-68%
|
(56)
-173%
|
(58)
-4%
|
(23)
+61%
|
28
N/A
|
49
+72%
|
58
+18%
|
158
+174%
|
160
+1%
|
99
-38%
|
92
-7%
|
116
+26%
|
126
+9%
|
132
+5%
|
164
+24%
|
203
+24%
|
227
+12%
|
241
+6%
|
269
+12%
|
314
+17%
|
450
+43%
|
559
+24%
|
702
+26%
|
884
+26%
|
1 154
+31%
|
1 356
+18%
|
1 548
+14%
|
2 074
+34%
|
2 611
+26%
|
2 786
+7%
|
2 293
-18%
|
2 517
+10%
|
2 927
+16%
|
2 344
-20%
|
2 850
+22%
|
2 852
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
0
|
(3)
|
(7)
|
(10)
|
(4)
|
(3)
|
(13)
|
(10)
|
(11)
|
(18)
|
(27)
|
(35)
|
(27)
|
(32)
|
(40)
|
(42)
|
(45)
|
(63)
|
(73)
|
(102)
|
(147)
|
(200)
|
(230)
|
(272)
|
(292)
|
(331)
|
(381)
|
(394)
|
(419)
|
(470)
|
(449)
|
(424)
|
(386)
|
|
Income from Continuing Operations |
(157)
|
(151)
|
(109)
|
(95)
|
(12)
|
(20)
|
(54)
|
(56)
|
(23)
|
25
|
42
|
48
|
154
|
157
|
87
|
82
|
105
|
109
|
105
|
129
|
176
|
195
|
200
|
227
|
269
|
387
|
486
|
600
|
736
|
954
|
1 125
|
1 276
|
1 781
|
2 280
|
2 405
|
1 899
|
2 098
|
2 457
|
1 895
|
2 426
|
2 466
|
|
Income to Minority Interest |
19
|
18
|
12
|
11
|
1
|
2
|
2
|
1
|
(4)
|
(11)
|
(14)
|
(23)
|
(56)
|
(54)
|
(32)
|
(32)
|
(37)
|
(27)
|
(6)
|
(3)
|
(1)
|
(1)
|
(20)
|
(14)
|
(0)
|
(23)
|
(25)
|
(29)
|
(24)
|
(9)
|
25
|
47
|
11
|
(3)
|
(2)
|
12
|
(19)
|
(59)
|
(15)
|
(18)
|
2
|
|
Net Income (Common) |
(138)
N/A
|
(132)
+4%
|
(97)
+27%
|
(84)
+13%
|
(11)
+87%
|
(19)
-76%
|
(52)
-178%
|
(53)
-2%
|
(24)
+54%
|
14
N/A
|
28
+103%
|
25
-11%
|
98
+289%
|
103
+5%
|
54
-47%
|
50
-8%
|
67
+35%
|
82
+22%
|
100
+21%
|
126
+26%
|
175
+39%
|
194
+11%
|
181
-7%
|
213
+18%
|
269
+27%
|
364
+35%
|
461
+27%
|
570
+24%
|
713
+25%
|
944
+32%
|
1 151
+22%
|
1 323
+15%
|
1 793
+36%
|
2 277
+27%
|
2 403
+6%
|
1 910
-20%
|
2 079
+9%
|
2 398
+15%
|
1 880
-22%
|
2 409
+28%
|
2 468
+2%
|
|
EPS (Diluted) |
-0.68
N/A
|
-0.16
+76%
|
-0.09
+44%
|
-0.08
+11%
|
-0.01
+88%
|
-0.01
N/A
|
-0.04
-300%
|
-0.05
-25%
|
-0.03
+40%
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.06
+500%
|
0.06
N/A
|
0.03
-50%
|
0.03
N/A
|
0.03
N/A
|
0.04
+33%
|
0.05
+25%
|
0.06
+20%
|
0.09
+50%
|
0.1
+11%
|
0.09
-10%
|
0.1
+11%
|
0.12
+20%
|
0.16
+33%
|
0.19
+19%
|
0.23
+21%
|
0.27
+17%
|
0.31
+15%
|
0.34
+10%
|
0.38
+12%
|
0.52
+37%
|
0.64
+23%
|
0.68
+6%
|
0.54
-21%
|
0.59
+9%
|
0.68
+15%
|
0.54
-21%
|
0.69
+28%
|
0.7
+1%
|