
Qianhe Condiment and Food Co Ltd
SSE:603027

Income Statement
Earnings Waterfall
Qianhe Condiment and Food Co Ltd
Revenue
|
3.2B
CNY
|
Cost of Revenue
|
-2B
CNY
|
Gross Profit
|
1.1B
CNY
|
Operating Expenses
|
-582.8m
CNY
|
Operating Income
|
534.9m
CNY
|
Other Expenses
|
-40m
CNY
|
Net Income
|
494.9m
CNY
|
Income Statement
Qianhe Condiment and Food Co Ltd
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 |
624
N/A
|
649
+4%
|
681
+5%
|
714
+5%
|
771
+8%
|
841
+9%
|
896
+7%
|
911
+2%
|
948
+4%
|
941
-1%
|
947
+1%
|
1 005
+6%
|
1 065
+6%
|
1 111
+4%
|
1 181
+6%
|
1 249
+6%
|
1 355
+8%
|
1 424
+5%
|
1 560
+10%
|
1 648
+6%
|
1 693
+3%
|
1 811
+7%
|
1 780
-2%
|
1 827
+3%
|
1 925
+5%
|
1 930
+0%
|
2 054
+6%
|
2 124
+3%
|
2 436
+15%
|
2 773
+14%
|
2 953
+6%
|
3 214
+9%
|
3 207
0%
|
3 283
+2%
|
3 265
-1%
|
3 164
-3%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(392)
|
(407)
|
(423)
|
(437)
|
(455)
|
(507)
|
(527)
|
(535)
|
(537)
|
(537)
|
(548)
|
(570)
|
(578)
|
(602)
|
(637)
|
(675)
|
(729)
|
(775)
|
(829)
|
(864)
|
(951)
|
(1 055)
|
(1 077)
|
(1 143)
|
(1 148)
|
(1 208)
|
(1 309)
|
(1 386)
|
(1 546)
|
(1 754)
|
(1 860)
|
(2 009)
|
(2 016)
|
(2 113)
|
(2 116)
|
(2 046)
|
|
Gross Profit |
232
N/A
|
242
+4%
|
258
+7%
|
277
+7%
|
316
+14%
|
333
+6%
|
369
+11%
|
377
+2%
|
411
+9%
|
403
-2%
|
399
-1%
|
434
+9%
|
487
+12%
|
509
+4%
|
544
+7%
|
575
+6%
|
626
+9%
|
649
+4%
|
732
+13%
|
783
+7%
|
743
-5%
|
757
+2%
|
702
-7%
|
683
-3%
|
777
+14%
|
722
-7%
|
746
+3%
|
738
-1%
|
891
+21%
|
1 019
+14%
|
1 092
+7%
|
1 205
+10%
|
1 191
-1%
|
1 170
-2%
|
1 149
-2%
|
1 118
-3%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(146)
|
(152)
|
(161)
|
(178)
|
(209)
|
(213)
|
(228)
|
(230)
|
(248)
|
(234)
|
(247)
|
(190)
|
(294)
|
(307)
|
(331)
|
(351)
|
(407)
|
(404)
|
(428)
|
(455)
|
(403)
|
(538)
|
(552)
|
(534)
|
(519)
|
(448)
|
(432)
|
(427)
|
(488)
|
(524)
|
(548)
|
(590)
|
(596)
|
(575)
|
(579)
|
(583)
|
|
Selling, General & Administrative |
(136)
|
(152)
|
(161)
|
(176)
|
(198)
|
(212)
|
(228)
|
(231)
|
(223)
|
(242)
|
(254)
|
(273)
|
(273)
|
(298)
|
(313)
|
(330)
|
(369)
|
(376)
|
(398)
|
(418)
|
(347)
|
(398)
|
(415)
|
(401)
|
(456)
|
(402)
|
(366)
|
(364)
|
(409)
|
(444)
|
(481)
|
(522)
|
(516)
|
(522)
|
(530)
|
(528)
|
|
Research & Development |
(5)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
(7)
|
(19)
|
(17)
|
(27)
|
(28)
|
(38)
|
(38)
|
(41)
|
(49)
|
(43)
|
(54)
|
(51)
|
(47)
|
(52)
|
(54)
|
(62)
|
(59)
|
(61)
|
(77)
|
(77)
|
(87)
|
(82)
|
(87)
|
(87)
|
(86)
|
|
Depreciation & Amortization |
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
1
|
6
|
8
|
7
|
90
|
8
|
9
|
9
|
7
|
13
|
10
|
10
|
12
|
5
|
(85)
|
(86)
|
(85)
|
7
|
8
|
(4)
|
(5)
|
7
|
(4)
|
10
|
19
|
29
|
33
|
37
|
32
|
|
Operating Income |
86
N/A
|
90
+5%
|
97
+7%
|
100
+3%
|
107
+7%
|
120
+12%
|
141
+17%
|
147
+4%
|
163
+11%
|
169
+4%
|
152
-10%
|
244
+61%
|
193
-21%
|
202
+5%
|
213
+5%
|
224
+5%
|
219
-2%
|
245
+12%
|
304
+24%
|
328
+8%
|
339
+4%
|
219
-36%
|
150
-31%
|
149
-1%
|
259
+73%
|
273
+6%
|
313
+15%
|
310
-1%
|
402
+30%
|
494
+23%
|
545
+10%
|
615
+13%
|
595
-3%
|
594
0%
|
569
-4%
|
535
-6%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(6)
|
(4)
|
(1)
|
3
|
5
|
6
|
5
|
6
|
6
|
8
|
9
|
11
|
14
|
15
|
15
|
13
|
11
|
11
|
10
|
12
|
14
|
12
|
13
|
12
|
8
|
10
|
9
|
11
|
11
|
20
|
26
|
36
|
46
|
54
|
54
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
81
|
81
|
0
|
81
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(90)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
3
|
3
|
9
|
8
|
14
|
16
|
9
|
9
|
3
|
(1)
|
1
|
0
|
0
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(5)
|
(3)
|
(11)
|
(9)
|
(10)
|
3
|
(0)
|
(2)
|
3
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
|
Pre-Tax Income |
81
N/A
|
87
+7%
|
100
+16%
|
107
+6%
|
122
+15%
|
139
+14%
|
154
+11%
|
158
+3%
|
171
+8%
|
256
+50%
|
241
-6%
|
254
+5%
|
285
+12%
|
215
-25%
|
227
+6%
|
240
+6%
|
232
-3%
|
255
+10%
|
313
+23%
|
333
+7%
|
257
-23%
|
222
-14%
|
153
-31%
|
153
0%
|
261
+71%
|
281
+8%
|
322
+15%
|
323
+0%
|
402
+25%
|
505
+26%
|
563
+12%
|
638
+13%
|
629
-1%
|
640
+2%
|
623
-3%
|
589
-6%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(15)
|
(18)
|
(19)
|
(22)
|
(25)
|
(26)
|
(25)
|
(27)
|
(39)
|
(37)
|
(40)
|
(45)
|
(35)
|
(35)
|
(37)
|
(34)
|
(37)
|
(45)
|
(48)
|
(51)
|
(47)
|
(39)
|
(39)
|
(40)
|
(44)
|
(48)
|
(46)
|
(58)
|
(71)
|
(82)
|
(95)
|
(99)
|
(100)
|
(99)
|
(94)
|
|
Income from Continuing Operations |
67
|
71
|
82
|
88
|
100
|
114
|
127
|
133
|
144
|
216
|
204
|
213
|
240
|
181
|
192
|
203
|
198
|
218
|
268
|
285
|
206
|
175
|
115
|
114
|
221
|
237
|
274
|
277
|
344
|
434
|
482
|
544
|
530
|
540
|
524
|
495
|
|
Net Income (Common) |
67
N/A
|
71
+7%
|
82
+16%
|
88
+6%
|
100
+14%
|
114
+14%
|
127
+11%
|
133
+4%
|
144
+9%
|
216
+50%
|
204
-6%
|
213
+5%
|
240
+12%
|
181
-25%
|
192
+6%
|
203
+6%
|
198
-2%
|
218
+10%
|
268
+23%
|
285
+6%
|
206
-28%
|
175
-15%
|
115
-35%
|
114
-1%
|
221
+95%
|
237
+7%
|
274
+16%
|
277
+1%
|
344
+24%
|
434
+26%
|
482
+11%
|
544
+13%
|
530
-2%
|
540
+2%
|
524
-3%
|
495
-6%
|
|
EPS (Diluted) |
0.14
N/A
|
0.15
+7%
|
0.17
+13%
|
0.13
-24%
|
0.16
+23%
|
0.19
+19%
|
0.2
+5%
|
0.21
+5%
|
0.23
+10%
|
0.34
+48%
|
0.32
-6%
|
0.33
+3%
|
0.38
+15%
|
0.28
-26%
|
0.3
+7%
|
0.32
+7%
|
0.3
-6%
|
0.34
+13%
|
0.41
+21%
|
0.43
+5%
|
0.31
-28%
|
0.26
-16%
|
0.11
-58%
|
0.13
+18%
|
0.23
+77%
|
0.25
+9%
|
0.29
+16%
|
0.29
N/A
|
0.36
+24%
|
0.45
+25%
|
0.5
+11%
|
0.52
+4%
|
0.53
+2%
|
0.53
N/A
|
0.51
-4%
|
0.48
-6%
|