
Xinyangfeng Agricultural Technology Co Ltd
SZSE:000902

Income Statement
Earnings Waterfall
Xinyangfeng Agricultural Technology Co Ltd
Revenue
|
15.6B
CNY
|
Cost of Revenue
|
-13.2B
CNY
|
Gross Profit
|
2.4B
CNY
|
Operating Expenses
|
-793.4m
CNY
|
Operating Income
|
1.6B
CNY
|
Other Expenses
|
-299.9m
CNY
|
Net Income
|
1.3B
CNY
|
Income Statement
Xinyangfeng Agricultural Technology 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 |
7 820
N/A
|
8 352
+7%
|
8 840
+6%
|
9 765
+10%
|
9 990
+2%
|
9 619
-4%
|
9 680
+1%
|
9 236
-5%
|
8 286
-10%
|
8 276
0%
|
8 290
+0%
|
8 343
+1%
|
8 769
+5%
|
9 032
+3%
|
9 257
+2%
|
9 445
+2%
|
10 194
+8%
|
10 031
-2%
|
10 300
+3%
|
10 266
0%
|
9 754
-5%
|
9 327
-4%
|
8 999
-4%
|
8 931
-1%
|
9 449
+6%
|
10 069
+7%
|
10 569
+5%
|
11 394
+8%
|
11 365
0%
|
11 802
+4%
|
13 035
+10%
|
14 714
+13%
|
14 544
-1%
|
15 958
+10%
|
15 831
-1%
|
14 390
-9%
|
15 562
+8%
|
15 100
-3%
|
14 016
-7%
|
15 469
+10%
|
15 581
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(6 460)
|
(6 803)
|
(7 178)
|
(7 917)
|
(7 984)
|
(7 817)
|
(8 004)
|
(7 594)
|
(6 965)
|
(6 942)
|
(6 948)
|
(7 009)
|
(7 248)
|
(7 336)
|
(7 513)
|
(7 642)
|
(8 320)
|
(8 089)
|
(8 352)
|
(8 239)
|
(7 940)
|
(7 589)
|
(7 436)
|
(7 350)
|
(7 578)
|
(8 256)
|
(8 600)
|
(9 403)
|
(9 378)
|
(9 577)
|
(10 737)
|
(12 199)
|
(12 121)
|
(13 650)
|
(13 661)
|
(12 598)
|
(13 720)
|
(12 875)
|
(11 927)
|
(13 138)
|
(13 159)
|
|
Gross Profit |
1 361
N/A
|
1 549
+14%
|
1 661
+7%
|
1 848
+11%
|
2 006
+9%
|
1 803
-10%
|
1 676
-7%
|
1 643
-2%
|
1 321
-20%
|
1 334
+1%
|
1 343
+1%
|
1 334
-1%
|
1 522
+14%
|
1 696
+11%
|
1 744
+3%
|
1 803
+3%
|
1 875
+4%
|
1 941
+4%
|
1 948
+0%
|
2 027
+4%
|
1 814
-10%
|
1 739
-4%
|
1 562
-10%
|
1 582
+1%
|
1 872
+18%
|
1 812
-3%
|
1 969
+9%
|
1 991
+1%
|
1 987
0%
|
2 225
+12%
|
2 298
+3%
|
2 515
+9%
|
2 423
-4%
|
2 307
-5%
|
2 170
-6%
|
1 792
-17%
|
1 843
+3%
|
2 224
+21%
|
2 090
-6%
|
2 332
+12%
|
2 422
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(717)
|
(806)
|
(845)
|
(906)
|
(977)
|
(846)
|
(679)
|
(629)
|
(486)
|
(635)
|
(638)
|
(676)
|
(763)
|
(850)
|
(828)
|
(836)
|
(875)
|
(928)
|
(858)
|
(899)
|
(930)
|
(944)
|
(954)
|
(954)
|
(900)
|
(676)
|
(647)
|
(598)
|
(517)
|
(729)
|
(705)
|
(742)
|
(725)
|
(651)
|
(534)
|
(479)
|
(499)
|
(753)
|
(730)
|
(773)
|
(793)
|
|
Selling, General & Administrative |
(721)
|
(751)
|
(842)
|
(892)
|
(964)
|
(786)
|
(680)
|
(632)
|
(487)
|
(577)
|
(640)
|
(677)
|
(768)
|
(799)
|
(850)
|
(857)
|
(895)
|
(876)
|
(843)
|
(875)
|
(905)
|
(895)
|
(928)
|
(929)
|
(868)
|
(609)
|
(604)
|
(559)
|
(472)
|
(639)
|
(628)
|
(673)
|
(658)
|
(561)
|
(492)
|
(439)
|
(454)
|
(591)
|
(576)
|
(612)
|
(617)
|
|
Research & Development |
0
|
(23)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
(3)
|
(29)
|
0
|
0
|
(3)
|
(32)
|
(9)
|
(35)
|
(36)
|
(41)
|
(43)
|
(43)
|
(49)
|
(55)
|
(64)
|
(60)
|
(64)
|
(73)
|
(82)
|
(79)
|
(83)
|
(74)
|
(82)
|
(89)
|
(94)
|
(157)
|
(168)
|
(174)
|
(198)
|
|
Depreciation & Amortization |
0
|
(30)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
|
Other Operating Expenses |
4
|
(3)
|
(3)
|
(14)
|
(13)
|
(2)
|
0
|
4
|
1
|
(2)
|
2
|
1
|
7
|
11
|
23
|
20
|
23
|
9
|
(6)
|
11
|
12
|
15
|
17
|
18
|
17
|
18
|
20
|
21
|
20
|
26
|
5
|
10
|
16
|
40
|
40
|
49
|
49
|
51
|
14
|
13
|
21
|
|
Operating Income |
644
N/A
|
743
+15%
|
817
+10%
|
941
+15%
|
1 029
+9%
|
956
-7%
|
997
+4%
|
1 014
+2%
|
835
-18%
|
700
-16%
|
704
+1%
|
658
-7%
|
758
+15%
|
847
+12%
|
916
+8%
|
967
+6%
|
1 000
+3%
|
1 013
+1%
|
1 090
+8%
|
1 128
+3%
|
884
-22%
|
795
-10%
|
608
-23%
|
627
+3%
|
972
+55%
|
1 137
+17%
|
1 322
+16%
|
1 393
+5%
|
1 470
+5%
|
1 495
+2%
|
1 592
+6%
|
1 773
+11%
|
1 698
-4%
|
1 656
-2%
|
1 636
-1%
|
1 313
-20%
|
1 344
+2%
|
1 471
+10%
|
1 360
-8%
|
1 559
+15%
|
1 629
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(56)
|
(52)
|
(47)
|
(24)
|
(20)
|
(1)
|
9
|
14
|
22
|
22
|
23
|
20
|
21
|
19
|
19
|
26
|
29
|
36
|
28
|
26
|
28
|
28
|
33
|
38
|
45
|
65
|
74
|
80
|
74
|
42
|
20
|
2
|
(5)
|
4
|
(0)
|
(3)
|
(11)
|
(9)
|
(13)
|
(13)
|
(10)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(5)
|
(5)
|
(5)
|
(12)
|
(11)
|
(11)
|
(10)
|
(8)
|
(0)
|
(0)
|
(0)
|
(21)
|
0
|
0
|
0
|
(2)
|
8
|
8
|
8
|
(44)
|
(2)
|
(2)
|
(2)
|
|
Gain/Loss on Disposition of Assets |
(2)
|
5
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
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 |
33
|
14
|
20
|
(1)
|
2
|
13
|
13
|
13
|
11
|
14
|
8
|
6
|
1
|
(1)
|
(5)
|
(8)
|
(7)
|
(3)
|
(8)
|
(4)
|
(2)
|
0
|
(3)
|
(5)
|
(3)
|
2
|
(5)
|
(5)
|
(5)
|
1
|
(2)
|
(0)
|
(0)
|
(9)
|
(18)
|
(19)
|
(21)
|
3
|
0
|
(0)
|
1
|
|
Pre-Tax Income |
620
N/A
|
709
+14%
|
788
+11%
|
915
+16%
|
1 009
+10%
|
967
-4%
|
1 018
+5%
|
1 040
+2%
|
866
-17%
|
732
-15%
|
736
+0%
|
684
-7%
|
780
+14%
|
860
+10%
|
930
+8%
|
985
+6%
|
1 022
+4%
|
1 035
+1%
|
1 105
+7%
|
1 145
+4%
|
906
-21%
|
811
-10%
|
627
-23%
|
651
+4%
|
1 003
+54%
|
1 196
+19%
|
1 392
+16%
|
1 468
+5%
|
1 538
+5%
|
1 518
-1%
|
1 611
+6%
|
1 775
+10%
|
1 693
-5%
|
1 648
-3%
|
1 626
-1%
|
1 299
-20%
|
1 320
+2%
|
1 422
+8%
|
1 345
-5%
|
1 543
+15%
|
1 618
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(81)
|
(121)
|
(138)
|
(193)
|
(213)
|
(189)
|
(200)
|
(195)
|
(180)
|
(153)
|
(154)
|
(151)
|
(155)
|
(168)
|
(182)
|
(187)
|
(189)
|
(206)
|
(218)
|
(221)
|
(174)
|
(151)
|
(114)
|
(118)
|
(184)
|
(224)
|
(267)
|
(282)
|
(294)
|
(285)
|
(298)
|
(317)
|
(301)
|
(296)
|
(278)
|
(190)
|
(197)
|
(220)
|
(213)
|
(297)
|
(298)
|
|
Income from Continuing Operations |
539
|
589
|
650
|
722
|
796
|
778
|
818
|
845
|
687
|
579
|
582
|
533
|
625
|
692
|
748
|
798
|
833
|
829
|
887
|
923
|
732
|
661
|
514
|
533
|
819
|
972
|
1 125
|
1 186
|
1 244
|
1 232
|
1 313
|
1 457
|
1 393
|
1 353
|
1 348
|
1 108
|
1 123
|
1 202
|
1 132
|
1 246
|
1 320
|
|
Income to Minority Interest |
(13)
|
(17)
|
(23)
|
(29)
|
(29)
|
(30)
|
(30)
|
(30)
|
(29)
|
(16)
|
(12)
|
(7)
|
(6)
|
(12)
|
(11)
|
(9)
|
(10)
|
(10)
|
(9)
|
(13)
|
(7)
|
(10)
|
(9)
|
(9)
|
(15)
|
(17)
|
(21)
|
(22)
|
(22)
|
(23)
|
(25)
|
(28)
|
(33)
|
(43)
|
(37)
|
(30)
|
(24)
|
4
|
10
|
9
|
9
|
|
Net Income (Common) |
526
N/A
|
571
+9%
|
627
+10%
|
693
+10%
|
768
+11%
|
748
-3%
|
789
+5%
|
815
+3%
|
658
-19%
|
563
-14%
|
570
+1%
|
526
-8%
|
620
+18%
|
680
+10%
|
737
+8%
|
788
+7%
|
823
+4%
|
819
0%
|
877
+7%
|
911
+4%
|
725
-20%
|
651
-10%
|
505
-22%
|
524
+4%
|
805
+54%
|
955
+19%
|
1 103
+16%
|
1 164
+5%
|
1 222
+5%
|
1 210
-1%
|
1 288
+6%
|
1 430
+11%
|
1 360
-5%
|
1 309
-4%
|
1 311
+0%
|
1 079
-18%
|
1 099
+2%
|
1 207
+10%
|
1 142
-5%
|
1 254
+10%
|
1 329
+6%
|
|
EPS (Diluted) |
0.43
N/A
|
0.47
+9%
|
0.53
+13%
|
0.53
N/A
|
0.58
+9%
|
0.57
-2%
|
0.59
+4%
|
1.06
+80%
|
0.5
-53%
|
0.43
-14%
|
0.43
N/A
|
0.4
-7%
|
0.47
+18%
|
0.52
+11%
|
0.56
+8%
|
0.6
+7%
|
0.63
+5%
|
0.63
N/A
|
0.67
+6%
|
0.7
+4%
|
0.56
-20%
|
0.51
-9%
|
0.4
-22%
|
0.41
+2%
|
0.63
+54%
|
0.76
+21%
|
0.88
+16%
|
0.88
N/A
|
0.97
+10%
|
0.87
-10%
|
1
+15%
|
1.13
+13%
|
1.07
-5%
|
1.03
-4%
|
1.04
+1%
|
0.86
-17%
|
0.87
+1%
|
0.99
+14%
|
0.89
-10%
|
0.97
+9%
|
1.03
+6%
|