Zheshang Securities Co Ltd
SSE:601878
Income Statement
Earnings Waterfall
Zheshang Securities Co Ltd
Revenue
|
16.9B
CNY
|
Operating Expenses
|
-14.9B
CNY
|
Operating Income
|
2B
CNY
|
Other Expenses
|
-358.3m
CNY
|
Net Income
|
1.7B
CNY
|
Income Statement
Zheshang Securities Co Ltd
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 |
4 729
N/A
|
4 709
0%
|
4 541
-4%
|
4 505
-1%
|
4 679
+4%
|
4 380
-6%
|
4 280
-2%
|
3 902
-9%
|
3 730
-4%
|
4 105
+10%
|
4 578
+12%
|
5 163
+13%
|
5 711
+11%
|
6 260
+10%
|
7 429
+19%
|
8 565
+15%
|
10 708
+25%
|
11 954
+12%
|
13 227
+11%
|
15 610
+18%
|
16 546
+6%
|
16 290
-2%
|
16 753
+3%
|
15 924
-5%
|
16 901
+6%
|
18 612
+10%
|
17 806
-4%
|
17 851
+0%
|
17 755
-1%
|
16 589
-7%
|
17 183
+4%
|
16 912
-2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(134)
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(2 365)
|
0
|
0
|
0
|
(5 495)
|
0
|
0
|
0
|
(9 843)
|
0
|
0
|
0
|
(11 746)
|
0
|
0
|
0
|
(11 886)
|
0
|
0
|
0
|
|
Gross Profit |
4 595
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
4 584
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3 666
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3 346
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5 212
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
6 704
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5 155
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
5 869
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(2 960)
|
(2 978)
|
(2 902)
|
(3 125)
|
(3 152)
|
(3 093)
|
(3 064)
|
(2 848)
|
(2 762)
|
(3 050)
|
(3 525)
|
(4 001)
|
(2 113)
|
(4 931)
|
(5 934)
|
(6 916)
|
(2 936)
|
(9 712)
|
(10 840)
|
(12 818)
|
(3 869)
|
(13 552)
|
(14 095)
|
(13 554)
|
(3 057)
|
(16 235)
|
(15 383)
|
(15 498)
|
(3 635)
|
(14 487)
|
(15 184)
|
(14 866)
|
|
Selling, General & Administrative |
(1 972)
|
(1 851)
|
(1 778)
|
(1 760)
|
(1 717)
|
(1 728)
|
(1 686)
|
(1 667)
|
(1 612)
|
(1 829)
|
(1 910)
|
(2 058)
|
(2 013)
|
(2 335)
|
(2 687)
|
(2 891)
|
(2 779)
|
(3 191)
|
(3 378)
|
(3 679)
|
(3 580)
|
(3 536)
|
(3 453)
|
(3 252)
|
(2 753)
|
(3 392)
|
(3 442)
|
(3 299)
|
(3 294)
|
(3 521)
|
(3 254)
|
(3 396)
|
|
Depreciation & Amortization |
(64)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(97)
|
0
|
0
|
0
|
(119)
|
0
|
0
|
0
|
(254)
|
0
|
0
|
0
|
(291)
|
0
|
0
|
0
|
(319)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(925)
|
(1 127)
|
(1 124)
|
(1 366)
|
(1 348)
|
(1 365)
|
(1 378)
|
(1 180)
|
(1 056)
|
(1 221)
|
(1 615)
|
(1 943)
|
(2)
|
(2 596)
|
(3 246)
|
(4 025)
|
(38)
|
(6 521)
|
(7 463)
|
(9 138)
|
(35)
|
(10 016)
|
(10 642)
|
(10 301)
|
(13)
|
(12 843)
|
(11 942)
|
(12 198)
|
(22)
|
(10 967)
|
(11 930)
|
(11 470)
|
|
Operating Income |
1 635
N/A
|
1 731
+6%
|
1 640
-5%
|
1 379
-16%
|
1 432
+4%
|
1 287
-10%
|
1 217
-5%
|
1 054
-13%
|
904
-14%
|
1 055
+17%
|
1 053
0%
|
1 162
+10%
|
1 233
+6%
|
1 329
+8%
|
1 496
+13%
|
1 649
+10%
|
2 277
+38%
|
2 241
-2%
|
2 387
+7%
|
2 792
+17%
|
2 834
+2%
|
2 738
-3%
|
2 658
-3%
|
2 370
-11%
|
2 098
-11%
|
2 377
+13%
|
2 423
+2%
|
2 353
-3%
|
2 234
-5%
|
2 102
-6%
|
1 998
-5%
|
2 046
+2%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Non-Reccuring Items |
(9)
|
(22)
|
(11)
|
(9)
|
(31)
|
29
|
20
|
20
|
77
|
25
|
28
|
27
|
62
|
38
|
42
|
77
|
(104)
|
59
|
50
|
84
|
57
|
13
|
45
|
(47)
|
8
|
(38)
|
(86)
|
(58)
|
(22)
|
14
|
(15)
|
22
|
|
Gain/Loss on Disposition of Assets |
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
18
|
10
|
9
|
7
|
5
|
5
|
6
|
6
|
11
|
9
|
7
|
5
|
(6)
|
(16)
|
(11)
|
(9)
|
(2)
|
1
|
25
|
28
|
27
|
26
|
(6)
|
(7)
|
(8)
|
(10)
|
(7)
|
(10)
|
(9)
|
(10)
|
(10)
|
(8)
|
|
Pre-Tax Income |
1 643
N/A
|
1 718
+5%
|
1 637
-5%
|
1 377
-16%
|
1 405
+2%
|
1 321
-6%
|
1 243
-6%
|
1 081
-13%
|
991
-8%
|
1 090
+10%
|
1 088
0%
|
1 193
+10%
|
1 289
+8%
|
1 350
+5%
|
1 527
+13%
|
1 717
+12%
|
2 166
+26%
|
2 301
+6%
|
2 462
+7%
|
2 904
+18%
|
2 916
+0%
|
2 777
-5%
|
2 698
-3%
|
2 317
-14%
|
2 098
-9%
|
2 329
+11%
|
2 329
+0%
|
2 285
-2%
|
2 202
-4%
|
2 105
-4%
|
1 973
-6%
|
2 061
+4%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(402)
|
(412)
|
(388)
|
(304)
|
(342)
|
(322)
|
(305)
|
(267)
|
(254)
|
(279)
|
(271)
|
(309)
|
(321)
|
(337)
|
(386)
|
(431)
|
(539)
|
(573)
|
(611)
|
(716)
|
(721)
|
(679)
|
(645)
|
(543)
|
(396)
|
(445)
|
(421)
|
(375)
|
(378)
|
(329)
|
(276)
|
(302)
|
|
Income from Continuing Operations |
1 241
|
1 307
|
1 249
|
1 073
|
1 064
|
1 000
|
938
|
814
|
737
|
810
|
817
|
884
|
968
|
1 014
|
1 141
|
1 286
|
1 627
|
1 729
|
1 851
|
2 188
|
2 196
|
2 098
|
2 053
|
1 773
|
1 702
|
1 884
|
1 908
|
1 910
|
1 824
|
1 776
|
1 697
|
1 758
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(10)
|
(47)
|
(65)
|
(70)
|
(82)
|
(70)
|
(63)
|
(70)
|
(70)
|
|
Net Income (Common) |
1 241
N/A
|
1 307
+5%
|
1 249
-4%
|
1 073
-14%
|
1 064
-1%
|
1 000
-6%
|
938
-6%
|
814
-13%
|
737
-9%
|
804
+9%
|
803
0%
|
875
+9%
|
967
+11%
|
1 033
+7%
|
1 155
+12%
|
1 294
+12%
|
1 627
+26%
|
1 715
+5%
|
1 851
+8%
|
2 188
+18%
|
2 196
+0%
|
2 098
-4%
|
2 045
-3%
|
1 764
-14%
|
1 654
-6%
|
1 819
+10%
|
1 838
+1%
|
1 828
-1%
|
1 754
-4%
|
1 713
-2%
|
1 626
-5%
|
1 688
+4%
|
|
EPS (Diluted) |
0.41
N/A
|
0.44
+7%
|
0.42
-5%
|
0.32
-24%
|
0.34
+6%
|
0.29
-15%
|
0.29
N/A
|
0.25
-14%
|
0.22
-12%
|
0.24
+9%
|
0.24
N/A
|
0.26
+8%
|
0.29
+12%
|
0.31
+7%
|
0.29
-6%
|
0.36
+24%
|
0.47
+31%
|
0.47
N/A
|
0.51
+9%
|
0.54
+6%
|
0.58
+7%
|
0.54
-7%
|
0.52
-4%
|
0.46
-12%
|
0.41
-11%
|
0.45
+10%
|
0.45
N/A
|
0.43
-4%
|
0.42
-2%
|
0.4
-5%
|
0.38
-5%
|
0.42
+11%
|