
Jiangsu Hengrui Pharmaceuticals Co Ltd
SSE:600276

Income Statement
Earnings Waterfall
Jiangsu Hengrui Pharmaceuticals Co Ltd
Revenue
|
28B
CNY
|
Cost of Revenue
|
-3.9B
CNY
|
Gross Profit
|
24.1B
CNY
|
Operating Expenses
|
-17.3B
CNY
|
Operating Income
|
6.8B
CNY
|
Other Expenses
|
-442.5m
CNY
|
Net Income
|
6.3B
CNY
|
Income Statement
Jiangsu Hengrui Pharmaceuticals Co Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
7 452
N/A
|
7 935
+6%
|
8 328
+5%
|
8 833
+6%
|
9 316
+5%
|
9 781
+5%
|
10 209
+4%
|
10 709
+5%
|
11 094
+4%
|
11 595
+5%
|
12 159
+5%
|
12 896
+6%
|
13 836
+7%
|
14 523
+5%
|
15 252
+5%
|
16 228
+6%
|
17 418
+7%
|
18 528
+6%
|
19 683
+6%
|
21 904
+11%
|
23 289
+6%
|
23 849
+2%
|
24 571
+3%
|
25 757
+5%
|
27 735
+8%
|
29 137
+5%
|
29 723
+2%
|
28 521
-4%
|
25 906
-9%
|
24 455
-6%
|
22 836
-7%
|
21 652
-5%
|
21 275
-2%
|
21 289
+0%
|
22 216
+4%
|
22 344
+1%
|
22 820
+2%
|
23 325
+2%
|
25 252
+8%
|
25 995
+3%
|
27 985
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 446)
|
(1 499)
|
(1 491)
|
(1 521)
|
(1 372)
|
(1 555)
|
(1 561)
|
(1 611)
|
(1 433)
|
(1 686)
|
(1 813)
|
(1 946)
|
(1 851)
|
(2 221)
|
(2 302)
|
(2 430)
|
(2 338)
|
(2 706)
|
(2 839)
|
(3 038)
|
(2 918)
|
(3 199)
|
(3 173)
|
(3 378)
|
(3 356)
|
(3 782)
|
(3 993)
|
(3 918)
|
(3 756)
|
(3 882)
|
(3 865)
|
(3 871)
|
(3 503)
|
(3 682)
|
(3 775)
|
(3 685)
|
(3 562)
|
(3 835)
|
(3 854)
|
(3 930)
|
(3 881)
|
|
Gross Profit |
6 006
N/A
|
6 436
+7%
|
6 837
+6%
|
7 312
+7%
|
7 944
+9%
|
8 226
+4%
|
8 648
+5%
|
9 098
+5%
|
9 661
+6%
|
9 908
+3%
|
10 346
+4%
|
10 950
+6%
|
11 984
+9%
|
12 303
+3%
|
12 950
+5%
|
13 798
+7%
|
15 080
+9%
|
15 821
+5%
|
16 845
+6%
|
18 866
+12%
|
20 370
+8%
|
20 650
+1%
|
21 398
+4%
|
22 379
+5%
|
24 379
+9%
|
25 355
+4%
|
25 730
+1%
|
24 602
-4%
|
22 150
-10%
|
20 573
-7%
|
18 971
-8%
|
17 781
-6%
|
17 772
0%
|
17 607
-1%
|
18 441
+5%
|
18 659
+1%
|
19 257
+3%
|
19 490
+1%
|
21 398
+10%
|
22 066
+3%
|
24 104
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 315)
|
(4 570)
|
(4 805)
|
(5 119)
|
(5 532)
|
(5 682)
|
(6 006)
|
(6 329)
|
(6 819)
|
(6 911)
|
(7 163)
|
(7 588)
|
(8 256)
|
(8 409)
|
(8 871)
|
(9 509)
|
(10 852)
|
(11 341)
|
(12 106)
|
(13 778)
|
(14 705)
|
(14 837)
|
(15 460)
|
(16 064)
|
(17 916)
|
(18 711)
|
(19 174)
|
(18 191)
|
(18 118)
|
(16 896)
|
(15 818)
|
(15 237)
|
(14 215)
|
(14 462)
|
(15 014)
|
(15 049)
|
(14 724)
|
(14 722)
|
(15 614)
|
(16 225)
|
(17 325)
|
|
Selling, General & Administrative |
(4 308)
|
(4 558)
|
(4 788)
|
(5 107)
|
(4 591)
|
(5 675)
|
(6 000)
|
(6 327)
|
(5 588)
|
(6 914)
|
(7 168)
|
(7 576)
|
(6 599)
|
(8 574)
|
(9 034)
|
(8 953)
|
(8 303)
|
(9 117)
|
(9 151)
|
(10 134)
|
(10 959)
|
(10 992)
|
(11 337)
|
(11 900)
|
(13 104)
|
(13 425)
|
(13 660)
|
(12 632)
|
(12 380)
|
(11 588)
|
(10 659)
|
(10 327)
|
(9 833)
|
(9 559)
|
(10 144)
|
(10 120)
|
(10 083)
|
(10 118)
|
(10 381)
|
(10 887)
|
(11 042)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(892)
|
0
|
0
|
0
|
(1 184)
|
0
|
0
|
0
|
(1 759)
|
0
|
0
|
(741)
|
(2 527)
|
(2 337)
|
(3 159)
|
(3 834)
|
(3 661)
|
(4 046)
|
(4 276)
|
(4 341)
|
(4 821)
|
(5 494)
|
(5 706)
|
(5 787)
|
(5 745)
|
(5 634)
|
(5 547)
|
(5 299)
|
(4 662)
|
(5 028)
|
(5 034)
|
(5 115)
|
(4 662)
|
(5 025)
|
(5 660)
|
(5 777)
|
(6 304)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(191)
|
0
|
0
|
0
|
(272)
|
0
|
0
|
0
|
(196)
|
0
|
0
|
0
|
(260)
|
0
|
0
|
0
|
(263)
|
0
|
0
|
0
|
(405)
|
0
|
0
|
0
|
(357)
|
|
Other Operating Expenses |
(7)
|
(12)
|
(17)
|
(12)
|
(1)
|
(7)
|
(7)
|
(2)
|
(2)
|
4
|
5
|
(11)
|
154
|
165
|
163
|
185
|
167
|
113
|
204
|
189
|
187
|
201
|
153
|
177
|
207
|
208
|
191
|
228
|
267
|
326
|
388
|
389
|
542
|
125
|
163
|
185
|
426
|
422
|
426
|
439
|
379
|
|
Operating Income |
1 692
N/A
|
1 866
+10%
|
2 032
+9%
|
2 194
+8%
|
2 412
+10%
|
2 544
+5%
|
2 641
+4%
|
2 769
+5%
|
2 842
+3%
|
2 997
+5%
|
3 184
+6%
|
3 363
+6%
|
3 729
+11%
|
3 894
+4%
|
4 079
+5%
|
4 289
+5%
|
4 228
-1%
|
4 481
+6%
|
4 739
+6%
|
5 088
+7%
|
5 666
+11%
|
5 813
+3%
|
5 938
+2%
|
6 315
+6%
|
6 463
+2%
|
6 644
+3%
|
6 556
-1%
|
6 411
-2%
|
4 032
-37%
|
3 677
-9%
|
3 154
-14%
|
2 544
-19%
|
3 557
+40%
|
3 145
-12%
|
3 426
+9%
|
3 610
+5%
|
4 533
+26%
|
4 768
+5%
|
5 784
+21%
|
5 840
+1%
|
6 779
+16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
81
|
98
|
107
|
111
|
147
|
160
|
167
|
178
|
182
|
165
|
170
|
170
|
77
|
130
|
168
|
234
|
367
|
351
|
421
|
451
|
483
|
544
|
583
|
569
|
541
|
549
|
423
|
471
|
629
|
549
|
682
|
699
|
649
|
939
|
849
|
782
|
444
|
430
|
538
|
473
|
706
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
2
|
2
|
2
|
3
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
3
|
3
|
4
|
5
|
2
|
3
|
1
|
1
|
(94)
|
6
|
9
|
10
|
(67)
|
4
|
3
|
1
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(5)
|
(5)
|
(5)
|
(6)
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
0
|
2
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
27
|
26
|
25
|
26
|
9
|
10
|
8
|
6
|
(10)
|
(7)
|
(5)
|
(2)
|
(48)
|
(56)
|
(75)
|
(96)
|
(97)
|
(108)
|
(121)
|
(107)
|
(92)
|
(109)
|
(137)
|
(190)
|
(109)
|
(110)
|
(120)
|
(104)
|
(197)
|
(171)
|
(146)
|
(172)
|
(142)
|
(163)
|
(154)
|
(155)
|
(237)
|
(357)
|
(418)
|
(372)
|
(316)
|
|
Pre-Tax Income |
1 800
N/A
|
1 984
+10%
|
2 158
+9%
|
2 325
+8%
|
2 562
+10%
|
2 712
+6%
|
2 814
+4%
|
2 951
+5%
|
3 013
+2%
|
3 155
+5%
|
3 348
+6%
|
3 532
+6%
|
3 759
+6%
|
3 970
+6%
|
4 175
+5%
|
4 430
+6%
|
4 499
+2%
|
4 726
+5%
|
5 042
+7%
|
5 434
+8%
|
6 056
+11%
|
6 250
+3%
|
6 386
+2%
|
6 695
+5%
|
6 895
+3%
|
7 086
+3%
|
6 863
-3%
|
6 783
-1%
|
4 466
-34%
|
4 059
-9%
|
3 691
-9%
|
3 071
-17%
|
3 968
+29%
|
3 928
-1%
|
4 129
+5%
|
4 247
+3%
|
4 667
+10%
|
4 845
+4%
|
5 906
+22%
|
5 941
+1%
|
7 170
+21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(227)
|
(253)
|
(284)
|
(305)
|
(338)
|
(363)
|
(355)
|
(387)
|
(379)
|
(397)
|
(441)
|
(459)
|
(466)
|
(512)
|
(531)
|
(569)
|
(438)
|
(444)
|
(512)
|
(593)
|
(729)
|
(811)
|
(820)
|
(859)
|
(587)
|
(587)
|
(544)
|
(525)
|
18
|
137
|
199
|
317
|
(153)
|
(88)
|
(92)
|
(77)
|
(389)
|
(433)
|
(491)
|
(498)
|
(833)
|
|
Income from Continuing Operations |
1 573
|
1 732
|
1 875
|
2 021
|
2 224
|
2 349
|
2 459
|
2 564
|
2 634
|
2 759
|
2 907
|
3 073
|
3 293
|
3 459
|
3 644
|
3 862
|
4 061
|
4 282
|
4 530
|
4 841
|
5 326
|
5 439
|
5 566
|
5 836
|
6 309
|
6 499
|
6 319
|
6 258
|
4 484
|
4 196
|
3 890
|
3 388
|
3 815
|
3 840
|
4 037
|
4 170
|
4 278
|
4 412
|
5 416
|
5 443
|
6 337
|
|
Income to Minority Interest |
(58)
|
(59)
|
(58)
|
(50)
|
(52)
|
(40)
|
(34)
|
(36)
|
(45)
|
(42)
|
(59)
|
(85)
|
(76)
|
(104)
|
(91)
|
(61)
|
4
|
27
|
38
|
47
|
2
|
12
|
12
|
16
|
19
|
10
|
15
|
19
|
46
|
74
|
92
|
108
|
91
|
68
|
58
|
37
|
25
|
20
|
10
|
5
|
(0)
|
|
Net Income (Common) |
1 516
N/A
|
1 673
+10%
|
1 817
+9%
|
1 970
+8%
|
2 172
+10%
|
2 309
+6%
|
2 425
+5%
|
2 529
+4%
|
2 589
+2%
|
2 717
+5%
|
2 848
+5%
|
2 988
+5%
|
3 217
+8%
|
3 354
+4%
|
3 553
+6%
|
3 801
+7%
|
4 066
+7%
|
4 309
+6%
|
4 568
+6%
|
4 889
+7%
|
5 328
+9%
|
5 451
+2%
|
5 577
+2%
|
5 852
+5%
|
6 328
+8%
|
6 510
+3%
|
6 334
-3%
|
6 277
-1%
|
4 530
-28%
|
4 271
-6%
|
3 982
-7%
|
3 496
-12%
|
3 906
+12%
|
3 908
+0%
|
4 095
+5%
|
4 207
+3%
|
4 302
+2%
|
4 432
+3%
|
5 426
+22%
|
5 448
+0%
|
6 337
+16%
|
|
EPS (Diluted) |
0.24
N/A
|
0.27
+13%
|
0.29
+7%
|
0.31
+7%
|
0.41
+32%
|
0.38
-7%
|
0.4
+5%
|
0.42
+5%
|
0.41
-2%
|
0.43
+5%
|
0.45
+5%
|
0.47
+4%
|
0.51
+9%
|
0.53
+4%
|
0.56
+6%
|
0.6
+7%
|
0.64
+7%
|
0.68
+6%
|
0.72
+6%
|
0.77
+7%
|
0.84
+9%
|
0.86
+2%
|
0.88
+2%
|
0.92
+5%
|
1
+9%
|
1.03
+3%
|
1
-3%
|
1
N/A
|
0.71
-29%
|
0.67
-6%
|
0.62
-7%
|
0.55
-11%
|
0.61
+11%
|
0.62
+2%
|
0.64
+3%
|
0.68
+6%
|
0.68
N/A
|
0.7
+3%
|
0.85
+21%
|
0.85
N/A
|
1
+18%
|