Zhe Jiang Taihua New Material Co Ltd
SSE:603055

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Zhe Jiang Taihua New Material Co Ltd Logo
Zhe Jiang Taihua New Material Co Ltd
SSE:603055
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Price: 11.52 CNY -0.86%
Market Cap: 10.3B CNY
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Income Statement

Earnings Waterfall
Zhe Jiang Taihua New Material Co Ltd

Revenue
6.8B CNY
Cost of Revenue
-5.2B CNY
Gross Profit
1.5B CNY
Operating Expenses
-587.4m CNY
Operating Income
950.7m CNY
Other Expenses
-210m CNY
Net Income
740.7m CNY

Income Statement
Zhe Jiang Taihua New Material Co Ltd

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Income Statement
Currency: CNY
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
2 474
N/A
2 638
+7%
2 729
+3%
2 800
+3%
2 902
+4%
2 971
+2%
2 974
+0%
2 917
-2%
2 787
-4%
2 689
-4%
2 691
+0%
2 606
-3%
2 465
-5%
2 385
-3%
2 501
+5%
2 772
+11%
3 275
+18%
3 899
+19%
4 257
+9%
4 463
+5%
4 466
+0%
4 198
-6%
4 009
-5%
4 034
+1%
4 157
+3%
4 515
+9%
5 094
+13%
5 596
+10%
6 316
+13%
6 763
+7%
Gross Profit
Cost of Revenue
(1 798)
(1 925)
(1 992)
(2 064)
(2 142)
(2 192)
(2 246)
(2 202)
(2 133)
(2 063)
(2 091)
(2 026)
(1 938)
(1 872)
(2 000)
(2 147)
(2 491)
(2 969)
(3 222)
(3 360)
(3 424)
(3 261)
(3 214)
(3 247)
(3 355)
(3 607)
(4 056)
(4 386)
(4 895)
(5 225)
Gross Profit
676
N/A
714
+6%
737
+3%
736
0%
760
+3%
779
+3%
728
-7%
715
-2%
654
-8%
626
-4%
600
-4%
581
-3%
527
-9%
513
-3%
501
-2%
625
+25%
784
+25%
930
+19%
1 035
+11%
1 103
+7%
1 043
-5%
937
-10%
795
-15%
787
-1%
802
+2%
908
+13%
1 038
+14%
1 210
+17%
1 421
+17%
1 538
+8%
Operating Income
Operating Expenses
(218)
(250)
(263)
(266)
(271)
(265)
(314)
(335)
(349)
(369)
(350)
(358)
(368)
(361)
(315)
(356)
(366)
(423)
(478)
(523)
(517)
(485)
(449)
(475)
(480)
(481)
(446)
(522)
(545)
(587)
Selling, General & Administrative
(207)
(175)
(168)
(174)
(191)
(229)
(197)
(229)
(199)
(204)
(198)
(202)
(200)
(193)
(173)
(181)
(196)
(219)
(245)
(265)
(278)
(281)
(271)
(276)
(277)
(270)
(283)
(285)
(286)
(298)
Research & Development
0
0
(87)
0
0
(60)
(96)
(95)
(133)
(143)
(131)
(145)
(136)
(136)
(123)
(142)
(165)
(186)
(197)
(240)
(249)
(246)
(216)
(229)
(235)
(247)
(260)
(312)
(343)
(375)
Depreciation & Amortization
0
0
(15)
0
0
0
(28)
0
0
0
(34)
0
0
0
(41)
0
0
0
(49)
0
0
0
(56)
0
0
0
(64)
0
0
0
Other Operating Expenses
(11)
(75)
7
(92)
(80)
23
7
(11)
(17)
(22)
13
(11)
(32)
(31)
21
(32)
(4)
(18)
13
(18)
11
42
93
30
32
37
162
75
84
86
Operating Income
458
N/A
464
+1%
474
+2%
470
-1%
489
+4%
514
+5%
414
-19%
380
-8%
305
-20%
257
-16%
250
-3%
223
-11%
159
-29%
152
-4%
186
+23%
269
+44%
418
+55%
507
+22%
557
+10%
580
+4%
526
-9%
452
-14%
345
-24%
312
-10%
322
+3%
427
+33%
592
+39%
688
+16%
877
+27%
951
+8%
Pre-Tax Income
Interest Income Expense
(35)
(26)
(37)
(26)
(14)
(5)
(4)
(4)
(14)
(23)
(28)
(44)
(47)
(50)
(43)
(40)
(44)
(46)
(34)
(47)
(39)
(38)
(47)
(58)
(91)
(100)
(109)
(126)
(117)
(129)
Non-Reccuring Items
(4)
(4)
(1)
(0)
(0)
(0)
(0)
(0)
(0)
0
(1)
0
(2)
(2)
(13)
(2)
0
(0)
(5)
0
0
1
1
0
0
(0)
(3)
(1)
(1)
(1)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
(0)
0
(1)
0
0
0
0
0
0
0
Total Other Income
9
9
8
7
8
6
1
0
(1)
(2)
(2)
(2)
(1)
(2)
(2)
(2)
(1)
2
(0)
(1)
(4)
(7)
(7)
(6)
(5)
(4)
(0)
(1)
(1)
(1)
Pre-Tax Income
426
N/A
443
+4%
445
+0%
451
+1%
483
+7%
515
+7%
411
-20%
376
-8%
290
-23%
231
-20%
219
-5%
177
-19%
110
-38%
99
-10%
128
+29%
225
+76%
372
+65%
463
+24%
517
+12%
532
+3%
483
-9%
408
-16%
292
-28%
247
-15%
225
-9%
322
+43%
480
+49%
560
+17%
758
+35%
820
+8%
Net Income
Tax Provision
(76)
(81)
(78)
(81)
(84)
(82)
(66)
(55)
(35)
(32)
(24)
(18)
(8)
(4)
(14)
(31)
(48)
(64)
(53)
(52)
(42)
(25)
(23)
(19)
(13)
(24)
(32)
(36)
(68)
(79)
Income from Continuing Operations
350
362
367
370
400
434
345
321
255
199
196
159
102
95
114
194
324
399
463
480
441
383
268
228
212
298
449
524
690
741
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
1
6
6
6
5
0
1
1
1
1
0
0
0
0
0
0
0
Net Income (Common)
350
N/A
362
+3%
367
+1%
370
+1%
400
+8%
434
+8%
345
-21%
321
-7%
255
-21%
199
-22%
196
-1%
159
-19%
102
-36%
95
-6%
120
+26%
200
+67%
330
+65%
404
+22%
464
+15%
481
+4%
442
-8%
384
-13%
269
-30%
228
-15%
212
-7%
298
+40%
449
+51%
524
+17%
690
+32%
741
+7%
EPS (Diluted)
0.52
N/A
0.54
+4%
0.53
-2%
0.48
-9%
0.52
+8%
0.58
+12%
0.45
-22%
0.42
-7%
0.34
-19%
0.26
-24%
0.26
N/A
0.2
-23%
0.12
-40%
0.11
-8%
0.16
+45%
0.25
+56%
0.41
+64%
0.45
+10%
0.54
+20%
0.56
+4%
0.5
-11%
0.43
-14%
0.31
-28%
0.25
-19%
0.24
-4%
0.34
+42%
0.5
+47%
0.6
+20%
0.77
+28%
0.82
+6%

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