Bright Dairy and Food Co Ltd
SSE:600597
Income Statement
Earnings Waterfall
Bright Dairy and Food Co Ltd
Revenue
|
24.2B
CNY
|
Cost of Revenue
|
-19.4B
CNY
|
Gross Profit
|
4.8B
CNY
|
Operating Expenses
|
-4.6B
CNY
|
Operating Income
|
221.3m
CNY
|
Other Expenses
|
539.7m
CNY
|
Net Income
|
761m
CNY
|
Income Statement
Bright Dairy and Food Co 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 |
19 912
N/A
|
20 650
+4%
|
21 107
+2%
|
18 339
-13%
|
20 455
+12%
|
19 373
-5%
|
19 293
0%
|
22 082
+14%
|
19 720
-11%
|
20 207
+2%
|
20 579
+2%
|
20 860
+1%
|
21 248
+2%
|
22 023
+4%
|
21 824
-1%
|
21 843
+0%
|
21 347
-2%
|
20 986
-2%
|
21 270
+1%
|
21 333
+0%
|
22 292
+4%
|
22 563
+1%
|
22 245
-1%
|
23 619
+6%
|
24 151
+2%
|
25 223
+4%
|
27 074
+7%
|
27 341
+1%
|
28 555
+4%
|
29 206
+2%
|
29 467
+1%
|
29 352
0%
|
28 534
-3%
|
28 215
-1%
|
28 040
-1%
|
27 943
0%
|
27 494
-2%
|
26 485
-4%
|
25 831
-2%
|
25 060
-3%
|
24 234
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 266)
|
(13 684)
|
(13 967)
|
(11 935)
|
(13 346)
|
(12 386)
|
(12 021)
|
(13 713)
|
(11 841)
|
(12 425)
|
(13 034)
|
(13 632)
|
(14 188)
|
(14 701)
|
(14 713)
|
(14 798)
|
(14 456)
|
(14 037)
|
(14 385)
|
(14 397)
|
(15 194)
|
(15 553)
|
(15 350)
|
(16 546)
|
(17 225)
|
(18 736)
|
(20 759)
|
(21 204)
|
(22 516)
|
(23 938)
|
(24 349)
|
(24 798)
|
(24 434)
|
(23 073)
|
(22 890)
|
(22 678)
|
(22 404)
|
(21 343)
|
(20 871)
|
(20 268)
|
(19 426)
|
|
Gross Profit |
6 647
N/A
|
6 967
+5%
|
7 140
+2%
|
6 404
-10%
|
7 109
+11%
|
6 987
-2%
|
7 271
+4%
|
8 369
+15%
|
7 879
-6%
|
7 781
-1%
|
7 545
-3%
|
7 229
-4%
|
7 059
-2%
|
7 321
+4%
|
7 111
-3%
|
7 045
-1%
|
6 890
-2%
|
6 948
+1%
|
6 885
-1%
|
6 935
+1%
|
7 098
+2%
|
7 010
-1%
|
6 895
-2%
|
7 073
+3%
|
6 926
-2%
|
6 486
-6%
|
6 316
-3%
|
6 137
-3%
|
6 039
-2%
|
5 268
-13%
|
5 118
-3%
|
4 554
-11%
|
4 100
-10%
|
5 142
+25%
|
5 150
+0%
|
5 265
+2%
|
5 090
-3%
|
5 143
+1%
|
4 961
-4%
|
4 792
-3%
|
4 808
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 942)
|
(6 173)
|
(6 314)
|
(5 796)
|
(6 374)
|
(6 193)
|
(6 389)
|
(7 177)
|
(6 703)
|
(6 523)
|
(6 229)
|
(5 851)
|
(5 641)
|
(6 035)
|
(5 765)
|
(5 629)
|
(5 715)
|
(5 784)
|
(5 757)
|
(5 785)
|
(5 897)
|
(5 647)
|
(5 822)
|
(5 935)
|
(5 843)
|
(5 203)
|
(5 144)
|
(5 259)
|
(5 168)
|
(4 584)
|
(4 274)
|
(3 580)
|
(3 219)
|
(4 431)
|
(4 380)
|
(4 533)
|
(4 473)
|
(4 254)
|
(4 385)
|
(4 263)
|
(4 586)
|
|
Selling, General & Administrative |
(5 860)
|
(6 025)
|
(6 176)
|
(5 690)
|
(6 334)
|
(6 041)
|
(6 253)
|
(7 022)
|
(6 504)
|
(6 332)
|
(6 186)
|
(5 820)
|
(5 630)
|
(5 922)
|
(5 818)
|
(5 663)
|
(5 668)
|
(5 711)
|
(5 585)
|
(5 643)
|
(5 737)
|
(5 559)
|
(5 750)
|
(5 861)
|
(5 800)
|
(5 154)
|
(5 112)
|
(5 187)
|
(5 064)
|
(4 362)
|
(4 185)
|
(3 512)
|
(3 124)
|
(4 208)
|
(4 198)
|
(4 362)
|
(4 344)
|
(3 938)
|
(3 958)
|
(3 811)
|
(3 835)
|
|
Research & Development |
0
|
(46)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
(12)
|
(50)
|
(40)
|
(55)
|
(60)
|
(59)
|
(62)
|
(60)
|
(62)
|
(62)
|
(74)
|
(79)
|
(89)
|
(65)
|
(74)
|
(77)
|
(74)
|
(80)
|
(84)
|
(78)
|
(79)
|
(71)
|
(88)
|
(91)
|
(86)
|
(75)
|
(86)
|
(91)
|
(111)
|
|
Depreciation & Amortization |
0
|
(91)
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
(141)
|
0
|
0
|
0
|
(122)
|
0
|
0
|
0
|
(113)
|
0
|
0
|
0
|
(97)
|
0
|
0
|
0
|
(170)
|
0
|
0
|
0
|
(170)
|
0
|
0
|
0
|
(191)
|
0
|
0
|
0
|
(226)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(81)
|
(11)
|
(137)
|
(107)
|
(40)
|
(11)
|
(136)
|
(155)
|
(199)
|
(4)
|
(41)
|
(30)
|
0
|
58
|
93
|
89
|
14
|
100
|
(110)
|
(82)
|
(98)
|
73
|
1
|
5
|
47
|
185
|
42
|
5
|
(30)
|
28
|
(5)
|
10
|
(16)
|
39
|
(94)
|
(80)
|
(43)
|
(15)
|
(340)
|
(361)
|
(641)
|
|
Operating Income |
704
N/A
|
793
+13%
|
826
+4%
|
608
-26%
|
735
+21%
|
794
+8%
|
882
+11%
|
1 192
+35%
|
1 176
-1%
|
1 258
+7%
|
1 316
+5%
|
1 377
+5%
|
1 418
+3%
|
1 287
-9%
|
1 346
+5%
|
1 417
+5%
|
1 176
-17%
|
1 165
-1%
|
1 128
-3%
|
1 151
+2%
|
1 201
+4%
|
1 363
+14%
|
1 073
-21%
|
1 138
+6%
|
1 083
-5%
|
1 283
+18%
|
1 172
-9%
|
878
-25%
|
871
-1%
|
684
-22%
|
843
+23%
|
974
+16%
|
881
-10%
|
711
-19%
|
770
+8%
|
732
-5%
|
618
-16%
|
888
+44%
|
576
-35%
|
529
-8%
|
221
-58%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(41)
|
(92)
|
(104)
|
(64)
|
(119)
|
(119)
|
(141)
|
(196)
|
(165)
|
(273)
|
(288)
|
(310)
|
(272)
|
(224)
|
(212)
|
(236)
|
(254)
|
(182)
|
(205)
|
(154)
|
(145)
|
(94)
|
(109)
|
(120)
|
(119)
|
(71)
|
(81)
|
(68)
|
(75)
|
(90)
|
(129)
|
(154)
|
(166)
|
(146)
|
(195)
|
(208)
|
(220)
|
(160)
|
(237)
|
(242)
|
(253)
|
|
Non-Reccuring Items |
0
|
(12)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
(2)
|
41
|
0
|
0
|
68
|
(104)
|
2
|
9
|
12
|
(134)
|
12
|
6
|
1
|
(34)
|
11
|
10
|
18
|
67
|
60
|
60
|
66
|
51
|
32
|
32
|
18
|
164
|
447
|
448
|
448
|
|
Gain/Loss on Disposition of Assets |
0
|
(14)
|
0
|
0
|
0
|
4
|
(15)
|
(32)
|
(57)
|
(70)
|
0
|
(52)
|
0
|
(126)
|
0
|
0
|
0
|
(81)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(249)
|
0
|
0
|
0
|
|
Total Other Income |
78
|
43
|
27
|
46
|
32
|
70
|
34
|
15
|
47
|
112
|
34
|
69
|
(20)
|
28
|
(99)
|
(95)
|
(86)
|
(5)
|
(113)
|
(129)
|
(129)
|
(59)
|
(26)
|
(16)
|
(11)
|
(26)
|
(28)
|
11
|
37
|
36
|
34
|
20
|
11
|
(78)
|
(38)
|
(27)
|
(31)
|
174
|
(108)
|
(198)
|
(237)
|
|
Pre-Tax Income |
742
N/A
|
717
-3%
|
750
+5%
|
590
-21%
|
647
+10%
|
705
+9%
|
761
+8%
|
980
+29%
|
1 001
+2%
|
1 017
+2%
|
1 062
+4%
|
1 084
+2%
|
1 124
+4%
|
1 005
-11%
|
1 035
+3%
|
1 085
+5%
|
904
-17%
|
792
-12%
|
812
+2%
|
877
+8%
|
939
+7%
|
1 074
+14%
|
951
-11%
|
1 008
+6%
|
954
-5%
|
1 157
+21%
|
1 074
-7%
|
830
-23%
|
851
+3%
|
700
-18%
|
809
+16%
|
901
+11%
|
792
-12%
|
498
-37%
|
569
+14%
|
529
-7%
|
384
-27%
|
816
+112%
|
678
-17%
|
537
-21%
|
179
-67%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(156)
|
(132)
|
(144)
|
(73)
|
(178)
|
(209)
|
(225)
|
(333)
|
(303)
|
(342)
|
(334)
|
(302)
|
(330)
|
(186)
|
(211)
|
(234)
|
(178)
|
(266)
|
(274)
|
(299)
|
(326)
|
(391)
|
(347)
|
(350)
|
(293)
|
(372)
|
(353)
|
(311)
|
(308)
|
(133)
|
(141)
|
(179)
|
(177)
|
(107)
|
(126)
|
(93)
|
(80)
|
14
|
62
|
102
|
166
|
|
Income from Continuing Operations |
586
|
586
|
606
|
516
|
469
|
496
|
536
|
646
|
698
|
675
|
728
|
782
|
793
|
819
|
824
|
851
|
726
|
527
|
538
|
577
|
613
|
682
|
604
|
658
|
661
|
785
|
720
|
519
|
543
|
567
|
668
|
722
|
615
|
391
|
444
|
435
|
305
|
831
|
741
|
640
|
345
|
|
Income to Minority Interest |
(81)
|
(15)
|
(10)
|
19
|
(54)
|
(78)
|
(96)
|
(162)
|
(105)
|
(112)
|
(96)
|
(93)
|
(127)
|
(199)
|
(256)
|
(257)
|
(236)
|
(185)
|
(191)
|
(208)
|
(226)
|
(184)
|
(170)
|
(218)
|
(181)
|
(178)
|
(91)
|
41
|
84
|
25
|
(9)
|
(109)
|
(98)
|
(30)
|
(61)
|
(18)
|
9
|
137
|
212
|
270
|
416
|
|
Net Income (Common) |
505
N/A
|
570
+13%
|
596
+5%
|
535
-10%
|
415
-22%
|
418
+1%
|
440
+5%
|
485
+10%
|
593
+22%
|
563
-5%
|
632
+12%
|
689
+9%
|
667
-3%
|
620
-7%
|
569
-8%
|
594
+4%
|
490
-17%
|
342
-30%
|
347
+2%
|
369
+6%
|
387
+5%
|
498
+29%
|
434
-13%
|
439
+1%
|
480
+9%
|
608
+27%
|
630
+4%
|
560
-11%
|
627
+12%
|
592
-6%
|
659
+11%
|
613
-7%
|
517
-16%
|
361
-30%
|
382
+6%
|
417
+9%
|
314
-25%
|
967
+208%
|
952
-2%
|
910
-4%
|
761
-16%
|
|
EPS (Diluted) |
0.41
N/A
|
0.46
+12%
|
0.48
+4%
|
0.43
-10%
|
0.33
-23%
|
0.34
+3%
|
0.36
+6%
|
0.4
+11%
|
0.53
+33%
|
0.46
-13%
|
0.53
+15%
|
0.58
+9%
|
0.54
-7%
|
0.5
-7%
|
0.46
-8%
|
0.48
+4%
|
0.4
-17%
|
0.28
-30%
|
0.29
+4%
|
0.3
+3%
|
0.31
+3%
|
0.41
+32%
|
0.35
-15%
|
0.36
+3%
|
0.4
+11%
|
0.5
+25%
|
0.52
+4%
|
0.46
-12%
|
0.51
+11%
|
0.48
-6%
|
0.47
-2%
|
0.44
-6%
|
0.39
-11%
|
0.26
-33%
|
0.28
+8%
|
0.3
+7%
|
0.23
-23%
|
0.7
+204%
|
0.69
-1%
|
0.65
-6%
|
0.55
-15%
|