Wuxi Hongsheng Heat Exchanger Manufacturing Co Ltd
SSE:603090
Income Statement
Earnings Waterfall
Wuxi Hongsheng Heat Exchanger Manufacturing Co Ltd
Income Statement
Wuxi Hongsheng Heat Exchanger Manufacturing Co Ltd
| 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 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
3
|
3
|
4
|
4
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
4
|
4
|
3
|
3
|
4
|
4
|
4
|
4
|
0
|
0
|
|
| Revenue |
221
N/A
|
224
+1%
|
230
+3%
|
246
+7%
|
287
+17%
|
319
+11%
|
368
+16%
|
399
+9%
|
413
+3%
|
421
+2%
|
415
-1%
|
399
-4%
|
406
+2%
|
486
+19%
|
491
+1%
|
477
-3%
|
453
-5%
|
361
-20%
|
325
-10%
|
357
+10%
|
417
+17%
|
466
+12%
|
559
+20%
|
612
+9%
|
643
+5%
|
709
+10%
|
714
+1%
|
713
0%
|
716
+0%
|
708
-1%
|
696
-2%
|
683
-2%
|
676
-1%
|
679
+0%
|
713
+5%
|
732
+3%
|
752
+3%
|
748
0%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(148)
|
(147)
|
(147)
|
(163)
|
(200)
|
(231)
|
(274)
|
(304)
|
(313)
|
(321)
|
(304)
|
(293)
|
(298)
|
(365)
|
(369)
|
(365)
|
(342)
|
(260)
|
(246)
|
(282)
|
(348)
|
(396)
|
(464)
|
(515)
|
(541)
|
(591)
|
(578)
|
(560)
|
(546)
|
(533)
|
(533)
|
(513)
|
(502)
|
(505)
|
(538)
|
(549)
|
(568)
|
(569)
|
|
| Gross Profit |
73
N/A
|
77
+7%
|
83
+7%
|
83
0%
|
87
+5%
|
88
+1%
|
94
+6%
|
96
+2%
|
100
+4%
|
101
+0%
|
111
+10%
|
105
-5%
|
108
+3%
|
120
+11%
|
121
+1%
|
112
-7%
|
111
-1%
|
101
-9%
|
79
-22%
|
75
-6%
|
69
-8%
|
70
+2%
|
95
+36%
|
96
+1%
|
102
+6%
|
118
+15%
|
137
+16%
|
153
+12%
|
170
+11%
|
176
+4%
|
163
-7%
|
170
+4%
|
174
+2%
|
174
+0%
|
175
+0%
|
182
+4%
|
183
+1%
|
179
-2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(38)
|
(40)
|
(46)
|
(47)
|
(52)
|
(56)
|
(65)
|
(64)
|
(70)
|
(73)
|
(79)
|
(76)
|
(76)
|
(80)
|
(86)
|
(80)
|
(77)
|
(72)
|
(63)
|
(59)
|
(58)
|
(57)
|
(76)
|
(76)
|
(79)
|
(81)
|
(84)
|
(82)
|
(85)
|
(89)
|
(95)
|
(105)
|
(115)
|
(119)
|
(111)
|
(115)
|
(111)
|
(109)
|
|
| Selling, General & Administrative |
(38)
|
(40)
|
(29)
|
(46)
|
(51)
|
(43)
|
(45)
|
(54)
|
(61)
|
(70)
|
(54)
|
(61)
|
(57)
|
(58)
|
(59)
|
(60)
|
(57)
|
(55)
|
(36)
|
(37)
|
(35)
|
(33)
|
(48)
|
(47)
|
(50)
|
(52)
|
(52)
|
(52)
|
(53)
|
(56)
|
(59)
|
(64)
|
(70)
|
(74)
|
(72)
|
(73)
|
(73)
|
(70)
|
|
| Research & Development |
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
(6)
|
(19)
|
(16)
|
(20)
|
(19)
|
(19)
|
(21)
|
(22)
|
(22)
|
(21)
|
(23)
|
(25)
|
(25)
|
(23)
|
(25)
|
(25)
|
(26)
|
(26)
|
(30)
|
(30)
|
(32)
|
(29)
|
(32)
|
(32)
|
(32)
|
(32)
|
(33)
|
(34)
|
(34)
|
|
| Depreciation & Amortization |
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
(0)
|
(1)
|
(1)
|
(13)
|
1
|
(10)
|
(9)
|
3
|
3
|
1
|
1
|
(3)
|
1
|
1
|
2
|
5
|
2
|
2
|
1
|
2
|
2
|
(4)
|
(3)
|
(3)
|
1
|
(0)
|
(1)
|
(1)
|
1
|
(9)
|
(13)
|
(13)
|
3
|
(10)
|
(5)
|
(5)
|
|
| Operating Income |
35
N/A
|
37
+6%
|
37
N/A
|
36
-4%
|
35
-1%
|
32
-8%
|
29
-10%
|
32
+10%
|
30
-6%
|
28
-7%
|
32
+15%
|
29
-8%
|
33
+11%
|
40
+24%
|
35
-12%
|
32
-9%
|
34
+5%
|
29
-15%
|
16
-44%
|
16
-4%
|
10
-33%
|
13
+28%
|
19
+41%
|
21
+10%
|
23
+14%
|
36
+55%
|
52
+44%
|
70
+34%
|
85
+21%
|
87
+2%
|
68
-22%
|
65
-4%
|
59
-10%
|
55
-7%
|
63
+16%
|
67
+5%
|
72
+8%
|
70
-3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
6
|
5
|
8
|
7
|
6
|
4
|
(1)
|
(7)
|
(2)
|
6
|
7
|
10
|
8
|
(2)
|
1
|
3
|
(1)
|
(2)
|
(7)
|
(6)
|
(9)
|
(6)
|
(7)
|
(9)
|
0
|
9
|
12
|
11
|
13
|
2
|
3
|
6
|
(2)
|
(1)
|
(0)
|
2
|
6
|
8
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(2)
|
(0)
|
(0)
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Total Other Income |
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
42
N/A
|
43
+2%
|
46
+7%
|
44
-4%
|
42
-4%
|
39
-9%
|
29
-24%
|
27
-9%
|
29
+7%
|
34
+18%
|
39
+16%
|
39
0%
|
40
+4%
|
38
-5%
|
36
-5%
|
35
-4%
|
33
-6%
|
27
-17%
|
10
-64%
|
10
-2%
|
2
-81%
|
7
+295%
|
13
+79%
|
12
-4%
|
23
+89%
|
45
+95%
|
64
+41%
|
81
+26%
|
98
+21%
|
89
-9%
|
71
-21%
|
70
0%
|
57
-20%
|
54
-5%
|
61
+13%
|
69
+13%
|
77
+12%
|
77
0%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(2)
|
(1)
|
0
|
(2)
|
2
|
2
|
0
|
(3)
|
(10)
|
(14)
|
(20)
|
(20)
|
(15)
|
(14)
|
(9)
|
(8)
|
(11)
|
(12)
|
(13)
|
(12)
|
|
| Income from Continuing Operations |
37
|
37
|
40
|
38
|
37
|
34
|
26
|
23
|
25
|
29
|
34
|
34
|
36
|
35
|
33
|
31
|
29
|
24
|
8
|
8
|
2
|
6
|
15
|
15
|
23
|
43
|
54
|
67
|
77
|
69
|
56
|
56
|
48
|
46
|
50
|
57
|
65
|
65
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(5)
|
(1)
|
(1)
|
(0)
|
2
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
|
| Net Income (Common) |
37
N/A
|
37
+1%
|
40
+7%
|
38
-5%
|
37
-3%
|
33
-10%
|
25
-25%
|
22
-11%
|
24
+8%
|
28
+18%
|
33
+17%
|
32
-1%
|
34
+5%
|
33
-3%
|
31
-6%
|
30
-4%
|
28
-8%
|
22
-19%
|
7
-71%
|
7
+6%
|
2
-76%
|
6
+249%
|
15
+152%
|
15
0%
|
22
+49%
|
38
+73%
|
53
+41%
|
66
+24%
|
77
+16%
|
71
-8%
|
54
-24%
|
54
+0%
|
46
-15%
|
45
-3%
|
49
+11%
|
57
+15%
|
64
+13%
|
66
+2%
|
|
| EPS (Diluted) |
0.73
N/A
|
0.48
-34%
|
0.4
-17%
|
0.38
-5%
|
0.36
-5%
|
0.33
-8%
|
0.25
-24%
|
0.22
-12%
|
0.24
+9%
|
0.28
+17%
|
0.33
+18%
|
0.32
-3%
|
0.34
+6%
|
0.33
-3%
|
0.31
-6%
|
0.29
-6%
|
0.26
-10%
|
0.21
-19%
|
0.07
-67%
|
0.07
N/A
|
0.02
-71%
|
0.06
+200%
|
0.15
+150%
|
0.15
N/A
|
0.22
+47%
|
0.38
+73%
|
0.53
+39%
|
0.66
+25%
|
0.77
+17%
|
0.71
-8%
|
0.54
-24%
|
0.54
N/A
|
0.46
-15%
|
0.45
-2%
|
0.49
+9%
|
0.57
+16%
|
0.64
+12%
|
0.66
+3%
|
|