
Shanghai Tian Yang Hotmelt Adhesives Co Ltd
SSE:603330

Income Statement
Earnings Waterfall
Shanghai Tian Yang Hotmelt Adhesives Co Ltd
Revenue
|
1.3B
CNY
|
Cost of Revenue
|
-1.2B
CNY
|
Gross Profit
|
159.7m
CNY
|
Operating Expenses
|
-202.2m
CNY
|
Operating Income
|
-42.5m
CNY
|
Other Expenses
|
-58m
CNY
|
Net Income
|
-100.5m
CNY
|
Income Statement
Shanghai Tian Yang Hotmelt Adhesives 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 |
395
N/A
|
397
+1%
|
413
+4%
|
428
+4%
|
455
+6%
|
491
+8%
|
522
+6%
|
543
+4%
|
561
+3%
|
571
+2%
|
596
+4%
|
632
+6%
|
659
+4%
|
644
-2%
|
615
-5%
|
633
+3%
|
699
+10%
|
801
+15%
|
888
+11%
|
984
+11%
|
1 068
+8%
|
1 162
+9%
|
1 297
+12%
|
1 403
+8%
|
1 426
+2%
|
1 444
+1%
|
1 361
-6%
|
1 354
-1%
|
1 325
-2%
|
1 278
-4%
|
1 373
+7%
|
1 324
-4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(268)
|
(280)
|
(299)
|
(319)
|
(339)
|
(370)
|
(386)
|
(395)
|
(410)
|
(422)
|
(438)
|
(465)
|
(473)
|
(463)
|
(444)
|
(448)
|
(488)
|
(563)
|
(636)
|
(737)
|
(797)
|
(911)
|
(1 023)
|
(1 137)
|
(1 277)
|
(1 242)
|
(1 180)
|
(1 208)
|
(1 195)
|
(1 132)
|
(1 219)
|
(1 164)
|
|
Gross Profit |
127
N/A
|
117
-8%
|
113
-3%
|
110
-3%
|
116
+6%
|
122
+5%
|
136
+12%
|
148
+9%
|
151
+3%
|
148
-2%
|
157
+6%
|
167
+6%
|
186
+12%
|
181
-3%
|
171
-6%
|
185
+8%
|
211
+14%
|
238
+13%
|
252
+6%
|
248
-2%
|
270
+9%
|
251
-7%
|
274
+9%
|
266
-3%
|
149
-44%
|
202
+36%
|
181
-11%
|
146
-19%
|
130
-11%
|
146
+12%
|
154
+5%
|
160
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(70)
|
(70)
|
(73)
|
(75)
|
(81)
|
(83)
|
(91)
|
(97)
|
(109)
|
(107)
|
(114)
|
(124)
|
(146)
|
(137)
|
(128)
|
(126)
|
(127)
|
(132)
|
(143)
|
(145)
|
(194)
|
(137)
|
(196)
|
(213)
|
(188)
|
(254)
|
(275)
|
(266)
|
(182)
|
(206)
|
(207)
|
(202)
|
|
Selling, General & Administrative |
(51)
|
(68)
|
(70)
|
(73)
|
(63)
|
(81)
|
(87)
|
(89)
|
(79)
|
(93)
|
(98)
|
(107)
|
(122)
|
(125)
|
(118)
|
(116)
|
(96)
|
(112)
|
(128)
|
(137)
|
(143)
|
(155)
|
(148)
|
(151)
|
(136)
|
(142)
|
(138)
|
(141)
|
(129)
|
(137)
|
(150)
|
(141)
|
|
Research & Development |
(15)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
(4)
|
(17)
|
(11)
|
(16)
|
(17)
|
(18)
|
(18)
|
(16)
|
(16)
|
(21)
|
(26)
|
(33)
|
(37)
|
(36)
|
(40)
|
(37)
|
(39)
|
(35)
|
(38)
|
(41)
|
(40)
|
(38)
|
(38)
|
(39)
|
(37)
|
|
Depreciation & Amortization |
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(3)
|
(3)
|
(2)
|
2
|
(2)
|
(4)
|
(3)
|
1
|
(3)
|
(0)
|
(1)
|
6
|
5
|
5
|
6
|
3
|
6
|
18
|
28
|
2
|
58
|
(11)
|
(22)
|
1
|
(74)
|
(96)
|
(86)
|
4
|
(31)
|
(18)
|
(24)
|
|
Operating Income |
57
N/A
|
47
-18%
|
40
-15%
|
35
-13%
|
35
-1%
|
39
+13%
|
45
+14%
|
51
+13%
|
43
-16%
|
42
-3%
|
43
+3%
|
43
-1%
|
40
-5%
|
44
+9%
|
43
-3%
|
59
+39%
|
84
+42%
|
106
+26%
|
110
+4%
|
103
-6%
|
76
-26%
|
114
+49%
|
77
-32%
|
53
-31%
|
(39)
N/A
|
(52)
-33%
|
(94)
-82%
|
(121)
-28%
|
(52)
+57%
|
(60)
-16%
|
(53)
+12%
|
(43)
+20%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
2
|
(0)
|
(0)
|
(3)
|
(5)
|
(2)
|
(1)
|
(1)
|
(1)
|
(5)
|
(7)
|
(9)
|
(10)
|
(12)
|
(16)
|
(15)
|
(23)
|
(25)
|
(24)
|
(17)
|
(20)
|
(21)
|
(28)
|
(30)
|
(32)
|
(28)
|
(18)
|
(13)
|
(6)
|
(11)
|
(14)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
55
|
55
|
55
|
0
|
0
|
0
|
(12)
|
0
|
3
|
(0)
|
(12)
|
0
|
(3)
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
|
Total Other Income |
3
|
3
|
3
|
2
|
4
|
4
|
6
|
5
|
3
|
2
|
(3)
|
(8)
|
(0)
|
(11)
|
(9)
|
(4)
|
(0)
|
(1)
|
(1)
|
4
|
27
|
26
|
36
|
31
|
10
|
7
|
3
|
4
|
5
|
2
|
(3)
|
(3)
|
|
Pre-Tax Income |
63
N/A
|
52
-18%
|
43
-18%
|
36
-15%
|
36
-1%
|
38
+4%
|
49
+30%
|
56
+15%
|
44
-21%
|
42
-5%
|
36
-15%
|
27
-24%
|
20
-26%
|
23
+17%
|
22
-6%
|
40
+83%
|
68
+68%
|
83
+22%
|
139
+68%
|
138
-1%
|
140
+2%
|
120
-15%
|
92
-23%
|
55
-40%
|
(73)
N/A
|
(76)
-4%
|
(116)
-52%
|
(135)
-17%
|
(76)
+44%
|
(64)
+17%
|
(69)
-8%
|
(58)
+15%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(9)
|
(8)
|
(7)
|
(6)
|
(5)
|
(7)
|
(8)
|
(6)
|
(5)
|
(6)
|
(6)
|
(4)
|
(5)
|
(9)
|
(9)
|
(13)
|
(18)
|
(28)
|
(32)
|
(35)
|
(31)
|
(19)
|
(6)
|
17
|
22
|
27
|
29
|
(18)
|
(27)
|
(28)
|
(40)
|
|
Income from Continuing Operations |
54
|
43
|
35
|
30
|
31
|
33
|
43
|
48
|
38
|
37
|
30
|
22
|
17
|
19
|
14
|
32
|
55
|
65
|
110
|
106
|
106
|
89
|
73
|
49
|
(56)
|
(55)
|
(89)
|
(106)
|
(94)
|
(91)
|
(97)
|
(98)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(0)
|
1
|
5
|
3
|
2
|
2
|
(0)
|
0
|
1
|
1
|
(0)
|
(1)
|
(3)
|
(3)
|
|
Net Income (Common) |
54
N/A
|
43
-20%
|
35
-18%
|
30
-15%
|
30
+2%
|
32
+4%
|
41
+29%
|
46
+11%
|
35
-23%
|
34
-4%
|
27
-20%
|
19
-29%
|
14
-26%
|
17
+17%
|
12
-28%
|
29
+142%
|
52
+77%
|
63
+22%
|
111
+75%
|
107
-3%
|
110
+3%
|
93
-16%
|
74
-20%
|
51
-32%
|
(57)
N/A
|
(54)
+4%
|
(88)
-62%
|
(106)
-21%
|
(94)
+11%
|
(92)
+2%
|
(100)
-8%
|
(100)
-1%
|
|
EPS (Diluted) |
0.47
N/A
|
0.28
-40%
|
0.26
-7%
|
0.19
-27%
|
0.21
+11%
|
0.22
+5%
|
0.28
+27%
|
0.31
+11%
|
0.23
-26%
|
0.22
-4%
|
0.17
-23%
|
0.12
-29%
|
0.09
-25%
|
0.1
+11%
|
0.07
-30%
|
0.18
+157%
|
0.34
+89%
|
0.41
+21%
|
0.32
-22%
|
0.32
N/A
|
0.34
+6%
|
0.27
-21%
|
0.23
-15%
|
0.16
-30%
|
-0.17
N/A
|
-0.15
+12%
|
-0.26
-73%
|
-0.24
+8%
|
-0.22
+8%
|
-0.21
+5%
|
-0.23
-10%
|
-0.23
N/A
|