Zhejiang Jiuzhou Pharmaceutical Co Ltd
SSE:603456
Income Statement
Earnings Waterfall
Zhejiang Jiuzhou Pharmaceutical Co Ltd
Revenue
|
4.9B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
1.6B
CNY
|
Operating Expenses
|
-824.1m
CNY
|
Operating Income
|
777.8m
CNY
|
Other Expenses
|
-80.4m
CNY
|
Net Income
|
697.4m
CNY
|
Income Statement
Zhejiang Jiuzhou Pharmaceutical Co Ltd
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | 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 |
1 229
N/A
|
1 286
+5%
|
1 325
+3%
|
1 349
+2%
|
1 432
+6%
|
1 445
+1%
|
1 459
+1%
|
1 500
+3%
|
1 559
+4%
|
1 653
+6%
|
1 697
+3%
|
1 694
0%
|
1 696
+0%
|
1 717
+1%
|
1 798
+5%
|
1 839
+2%
|
1 752
-5%
|
1 862
+6%
|
1 785
-4%
|
1 801
+1%
|
1 952
+8%
|
2 017
+3%
|
2 010
0%
|
2 167
+8%
|
2 404
+11%
|
2 647
+10%
|
3 112
+18%
|
3 507
+13%
|
3 906
+11%
|
4 063
+4%
|
4 581
+13%
|
5 150
+12%
|
5 432
+5%
|
5 445
+0%
|
5 823
+7%
|
5 745
-1%
|
5 649
-2%
|
5 523
-2%
|
5 248
-5%
|
5 033
-4%
|
4 912
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(895)
|
(930)
|
(954)
|
(936)
|
(968)
|
(981)
|
(998)
|
(1 085)
|
(1 145)
|
(1 245)
|
(1 270)
|
(1 230)
|
(1 215)
|
(1 197)
|
(1 244)
|
(1 288)
|
(1 243)
|
(1 251)
|
(1 244)
|
(1 218)
|
(1 319)
|
(1 316)
|
(1 290)
|
(1 338)
|
(1 507)
|
(1 677)
|
(2 032)
|
(2 368)
|
(2 617)
|
(2 743)
|
(3 036)
|
(3 385)
|
(3 562)
|
(3 616)
|
(3 815)
|
(3 687)
|
(3 525)
|
(3 521)
|
(3 369)
|
(3 289)
|
(3 310)
|
|
Gross Profit |
334
N/A
|
357
+7%
|
371
+4%
|
412
+11%
|
464
+13%
|
464
0%
|
460
-1%
|
415
-10%
|
414
0%
|
409
-1%
|
426
+4%
|
464
+9%
|
481
+4%
|
521
+8%
|
555
+7%
|
551
-1%
|
509
-8%
|
612
+20%
|
541
-12%
|
583
+8%
|
633
+9%
|
701
+11%
|
720
+3%
|
829
+15%
|
898
+8%
|
971
+8%
|
1 080
+11%
|
1 139
+5%
|
1 288
+13%
|
1 320
+2%
|
1 545
+17%
|
1 765
+14%
|
1 870
+6%
|
1 829
-2%
|
2 008
+10%
|
2 058
+2%
|
2 124
+3%
|
2 003
-6%
|
1 879
-6%
|
1 744
-7%
|
1 602
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(178)
|
(208)
|
(220)
|
(256)
|
(280)
|
(266)
|
(272)
|
(276)
|
(283)
|
(308)
|
(320)
|
(309)
|
(321)
|
(319)
|
(321)
|
(363)
|
(365)
|
(385)
|
(385)
|
(360)
|
(366)
|
(388)
|
(413)
|
(461)
|
(442)
|
(462)
|
(504)
|
(499)
|
(573)
|
(566)
|
(670)
|
(828)
|
(840)
|
(770)
|
(847)
|
(812)
|
(839)
|
(883)
|
(848)
|
(805)
|
(824)
|
|
Selling, General & Administrative |
(174)
|
(125)
|
(213)
|
(253)
|
(274)
|
(165)
|
(270)
|
(257)
|
(265)
|
(174)
|
(298)
|
(306)
|
(318)
|
(187)
|
(317)
|
(318)
|
(305)
|
(243)
|
(296)
|
(271)
|
(272)
|
(225)
|
(312)
|
(377)
|
(356)
|
(288)
|
(381)
|
(345)
|
(398)
|
(335)
|
(432)
|
(523)
|
(527)
|
(450)
|
(506)
|
(497)
|
(514)
|
(538)
|
(543)
|
(483)
|
(480)
|
|
Research & Development |
0
|
(55)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(76)
|
0
|
0
|
0
|
(85)
|
0
|
0
|
(21)
|
(80)
|
(63)
|
(88)
|
(91)
|
(88)
|
(96)
|
(98)
|
(105)
|
(101)
|
(132)
|
(152)
|
(160)
|
(156)
|
(202)
|
(258)
|
(279)
|
(257)
|
(302)
|
(288)
|
(300)
|
(284)
|
(317)
|
(324)
|
(331)
|
|
Depreciation & Amortization |
0
|
(26)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(75)
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
(111)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
(97)
|
0
|
0
|
0
|
(107)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(3)
|
(7)
|
(3)
|
(6)
|
14
|
(2)
|
(19)
|
(18)
|
(2)
|
(22)
|
(3)
|
(2)
|
15
|
(4)
|
(45)
|
(39)
|
13
|
(27)
|
(1)
|
(3)
|
21
|
(5)
|
15
|
19
|
38
|
10
|
(2)
|
(15)
|
28
|
(36)
|
(47)
|
(34)
|
34
|
(39)
|
(27)
|
(25)
|
45
|
12
|
2
|
(13)
|
|
Operating Income |
156
N/A
|
149
-5%
|
151
+1%
|
157
+4%
|
185
+18%
|
198
+7%
|
188
-5%
|
139
-26%
|
132
-5%
|
101
-23%
|
106
+6%
|
155
+46%
|
160
+3%
|
202
+26%
|
233
+16%
|
188
-19%
|
144
-23%
|
227
+57%
|
156
-31%
|
223
+43%
|
266
+20%
|
313
+18%
|
308
-2%
|
369
+20%
|
456
+24%
|
509
+12%
|
577
+13%
|
641
+11%
|
715
+12%
|
753
+5%
|
874
+16%
|
937
+7%
|
1 030
+10%
|
1 059
+3%
|
1 161
+10%
|
1 246
+7%
|
1 285
+3%
|
1 120
-13%
|
1 031
-8%
|
939
-9%
|
778
-17%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(12)
|
(24)
|
(18)
|
23
|
28
|
10
|
28
|
7
|
3
|
18
|
14
|
3
|
(6)
|
(24)
|
(39)
|
5
|
11
|
(21)
|
33
|
(10)
|
(23)
|
(21)
|
(34)
|
(39)
|
(39)
|
(50)
|
(48)
|
(11)
|
7
|
24
|
29
|
50
|
54
|
55
|
48
|
24
|
38
|
60
|
80
|
82
|
62
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
(2)
|
(3)
|
(4)
|
(12)
|
(3)
|
(3)
|
(2)
|
(7)
|
(0)
|
(1)
|
2
|
(3)
|
(2)
|
(6)
|
(10)
|
(24)
|
(9)
|
(7)
|
(6)
|
(6)
|
(5)
|
(3)
|
(4)
|
(1)
|
(5)
|
(5)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
(0)
|
6
|
(3)
|
(4)
|
(8)
|
(9)
|
(6)
|
(5)
|
(1)
|
0
|
(0)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Total Other Income |
37
|
28
|
39
|
30
|
26
|
23
|
17
|
7
|
6
|
16
|
17
|
12
|
7
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
7
|
1
|
(0)
|
(7)
|
(1)
|
(7)
|
(11)
|
(3)
|
(0)
|
(9)
|
(4)
|
(6)
|
(0)
|
(2)
|
1
|
0
|
4
|
5
|
2
|
2
|
|
Pre-Tax Income |
181
N/A
|
158
-13%
|
169
+7%
|
205
+21%
|
230
+12%
|
231
+0%
|
227
-2%
|
147
-35%
|
139
-6%
|
133
-5%
|
137
+4%
|
168
+22%
|
160
-5%
|
174
+9%
|
187
+8%
|
190
+1%
|
151
-21%
|
193
+28%
|
185
-4%
|
210
+13%
|
241
+15%
|
287
+19%
|
274
-4%
|
328
+20%
|
412
+25%
|
450
+9%
|
519
+15%
|
613
+18%
|
710
+16%
|
745
+5%
|
885
+19%
|
976
+10%
|
1 072
+10%
|
1 104
+3%
|
1 201
+9%
|
1 268
+6%
|
1 320
+4%
|
1 181
-11%
|
1 111
-6%
|
1 018
-8%
|
839
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(20)
|
(23)
|
(33)
|
(33)
|
(31)
|
(30)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(22)
|
(28)
|
(31)
|
(28)
|
(23)
|
(37)
|
(38)
|
(40)
|
(44)
|
(50)
|
(48)
|
(64)
|
(71)
|
(70)
|
(77)
|
(87)
|
(96)
|
(111)
|
(138)
|
(149)
|
(170)
|
(183)
|
(209)
|
(194)
|
(177)
|
(149)
|
(123)
|
(132)
|
(140)
|
|
Income from Continuing Operations |
156
|
137
|
146
|
172
|
197
|
200
|
197
|
126
|
118
|
111
|
116
|
146
|
139
|
147
|
156
|
162
|
127
|
156
|
148
|
170
|
197
|
237
|
226
|
264
|
341
|
380
|
442
|
526
|
614
|
634
|
747
|
827
|
902
|
921
|
993
|
1 074
|
1 144
|
1 031
|
988
|
886
|
700
|
|
Income to Minority Interest |
(1)
|
(4)
|
(3)
|
(2)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
2
|
0
|
1
|
1
|
1
|
2
|
1
|
1
|
(2)
|
|
Net Income (Common) |
156
N/A
|
133
-14%
|
142
+7%
|
170
+20%
|
195
+15%
|
200
+3%
|
197
-1%
|
126
-36%
|
118
-7%
|
112
-5%
|
116
+4%
|
147
+27%
|
139
-5%
|
148
+6%
|
157
+6%
|
163
+4%
|
129
-21%
|
157
+22%
|
149
-5%
|
171
+15%
|
198
+16%
|
238
+20%
|
227
-5%
|
265
+17%
|
342
+29%
|
381
+11%
|
443
+16%
|
526
+19%
|
614
+17%
|
634
+3%
|
747
+18%
|
827
+11%
|
904
+9%
|
921
+2%
|
994
+8%
|
1 075
+8%
|
1 144
+7%
|
1 033
-10%
|
989
-4%
|
887
-10%
|
697
-21%
|
|
EPS (Diluted) |
0.29
N/A
|
0.22
-24%
|
0.18
-18%
|
0.24
+33%
|
0.26
+8%
|
0.27
+4%
|
0.24
-11%
|
0.17
-29%
|
0.15
-12%
|
0.14
-7%
|
0.14
N/A
|
0.18
+29%
|
0.17
-6%
|
0.19
+12%
|
0.19
N/A
|
0.2
+5%
|
0.16
-20%
|
0.2
+25%
|
0.19
-5%
|
0.21
+11%
|
0.24
+14%
|
0.3
+25%
|
0.28
-7%
|
0.33
+18%
|
0.43
+30%
|
0.47
+9%
|
0.51
+9%
|
0.64
+25%
|
0.74
+16%
|
0.76
+3%
|
0.9
+18%
|
0.99
+10%
|
1.08
+9%
|
1.11
+3%
|
1.13
+2%
|
1.19
+5%
|
1.3
+9%
|
1.16
-11%
|
1.1
-5%
|
0.99
-10%
|
0.77
-22%
|