Hunan Valin Steel Co Ltd
SZSE:000932
Income Statement
Earnings Waterfall
Hunan Valin Steel Co Ltd
Revenue
|
155.9B
CNY
|
Cost of Revenue
|
-144.8B
CNY
|
Gross Profit
|
11B
CNY
|
Operating Expenses
|
-6.4B
CNY
|
Operating Income
|
4.7B
CNY
|
Other Expenses
|
-1.9B
CNY
|
Net Income
|
2.7B
CNY
|
Income Statement
Hunan Valin Steel 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 |
59 106
N/A
|
55 673
-6%
|
52 291
-6%
|
48 058
-8%
|
44 646
-7%
|
41 499
-7%
|
40 627
-2%
|
42 034
+3%
|
44 089
+5%
|
49 950
+13%
|
58 122
+16%
|
63 036
+8%
|
71 540
+13%
|
76 711
+7%
|
78 722
+3%
|
90 557
+15%
|
97 836
+8%
|
101 391
+4%
|
107 542
+6%
|
106 185
-1%
|
105 259
-1%
|
107 322
+2%
|
103 970
-3%
|
104 926
+1%
|
108 454
+3%
|
116 528
+7%
|
131 532
+13%
|
149 404
+14%
|
168 934
+13%
|
171 575
+2%
|
174 034
+1%
|
171 156
-2%
|
160 898
-6%
|
168 637
+5%
|
167 426
-1%
|
163 563
-2%
|
164 066
+0%
|
164 465
+0%
|
161 619
-2%
|
160 859
0%
|
155 860
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(54 952)
|
(51 351)
|
(48 157)
|
(44 148)
|
(41 690)
|
(40 570)
|
(40 533)
|
(41 454)
|
(42 876)
|
(46 621)
|
(53 568)
|
(58 080)
|
(64 036)
|
(66 003)
|
(66 853)
|
(75 658)
|
(80 925)
|
(83 160)
|
(90 066)
|
(89 687)
|
(90 670)
|
(92 718)
|
(89 608)
|
(89 402)
|
(92 425)
|
(99 775)
|
(114 459)
|
(130 840)
|
(148 980)
|
(149 382)
|
(152 298)
|
(151 380)
|
(142 593)
|
(150 973)
|
(152 203)
|
(148 592)
|
(148 557)
|
(148 758)
|
(147 313)
|
(147 837)
|
(144 833)
|
|
Gross Profit |
4 154
N/A
|
4 322
+4%
|
4 133
-4%
|
3 908
-5%
|
2 956
-24%
|
929
-69%
|
94
-90%
|
580
+517%
|
1 212
+109%
|
3 329
+175%
|
4 553
+37%
|
4 956
+9%
|
7 504
+51%
|
10 707
+43%
|
11 869
+11%
|
14 899
+26%
|
16 911
+14%
|
18 230
+8%
|
17 476
-4%
|
16 497
-6%
|
14 588
-12%
|
14 604
+0%
|
14 361
-2%
|
15 524
+8%
|
16 029
+3%
|
16 753
+5%
|
17 073
+2%
|
18 564
+9%
|
19 953
+7%
|
22 193
+11%
|
21 737
-2%
|
19 776
-9%
|
18 305
-7%
|
17 664
-4%
|
15 223
-14%
|
14 971
-2%
|
15 509
+4%
|
15 707
+1%
|
14 306
-9%
|
13 023
-9%
|
11 027
-15%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 327)
|
(2 538)
|
(2 373)
|
(2 412)
|
(2 450)
|
(2 723)
|
(2 629)
|
(3 022)
|
(2 938)
|
(2 814)
|
(2 752)
|
(2 296)
|
(2 560)
|
(3 635)
|
(3 146)
|
(3 921)
|
(4 868)
|
(5 974)
|
(5 183)
|
(5 331)
|
(4 925)
|
(5 863)
|
(6 051)
|
(7 199)
|
(7 378)
|
(8 237)
|
(7 378)
|
(7 006)
|
(8 126)
|
(10 259)
|
(9 599)
|
(9 838)
|
(9 275)
|
(9 309)
|
(8 186)
|
(7 733)
|
(7 941)
|
(8 873)
|
(7 467)
|
(7 126)
|
(6 355)
|
|
Selling, General & Administrative |
(2 243)
|
(2 093)
|
(2 309)
|
(2 349)
|
(2 381)
|
(2 192)
|
(2 298)
|
(2 275)
|
(2 232)
|
(2 351)
|
(2 254)
|
(2 179)
|
(2 340)
|
(3 294)
|
(2 972)
|
(3 333)
|
(3 954)
|
(4 971)
|
(4 077)
|
(4 428)
|
(4 074)
|
(4 806)
|
(4 387)
|
(4 091)
|
(4 097)
|
(3 814)
|
(3 160)
|
(3 097)
|
(3 034)
|
(4 170)
|
(3 594)
|
(3 527)
|
(3 255)
|
(2 729)
|
(2 069)
|
(1 842)
|
(1 786)
|
(2 598)
|
(2 157)
|
(2 094)
|
(2 008)
|
|
Research & Development |
0
|
(216)
|
0
|
0
|
0
|
(221)
|
0
|
0
|
0
|
(160)
|
0
|
0
|
(68)
|
(199)
|
0
|
0
|
(380)
|
(997)
|
(712)
|
(1 019)
|
(1 073)
|
(1 133)
|
(1 997)
|
(3 437)
|
(3 617)
|
(4 165)
|
(4 465)
|
(4 204)
|
(5 407)
|
(5 979)
|
(6 355)
|
(6 557)
|
(6 325)
|
(6 281)
|
(6 358)
|
(6 230)
|
(6 419)
|
(6 673)
|
(6 765)
|
(7 058)
|
(6 646)
|
|
Depreciation & Amortization |
0
|
(133)
|
0
|
0
|
0
|
(138)
|
0
|
0
|
0
|
(148)
|
0
|
0
|
0
|
(163)
|
0
|
0
|
0
|
(187)
|
0
|
0
|
0
|
(203)
|
0
|
0
|
0
|
(360)
|
0
|
0
|
0
|
(301)
|
0
|
0
|
0
|
(365)
|
0
|
0
|
0
|
(383)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(83)
|
(96)
|
(62)
|
(62)
|
(68)
|
(172)
|
(331)
|
(747)
|
(706)
|
(156)
|
(497)
|
(117)
|
(152)
|
21
|
(174)
|
(588)
|
(534)
|
182
|
(394)
|
117
|
224
|
280
|
333
|
331
|
337
|
103
|
247
|
294
|
314
|
191
|
350
|
246
|
305
|
66
|
240
|
339
|
263
|
781
|
1 456
|
2 025
|
2 298
|
|
Operating Income |
1 827
N/A
|
1 784
-2%
|
1 760
-1%
|
1 496
-15%
|
505
-66%
|
(1 794)
N/A
|
(2 537)
-41%
|
(2 443)
+4%
|
(1 726)
+29%
|
514
N/A
|
1 803
+251%
|
2 660
+48%
|
4 944
+86%
|
7 073
+43%
|
8 722
+23%
|
10 977
+26%
|
12 042
+10%
|
12 257
+2%
|
12 292
+0%
|
11 167
-9%
|
9 664
-13%
|
8 741
-10%
|
8 312
-5%
|
8 326
+0%
|
8 652
+4%
|
8 516
-2%
|
9 696
+14%
|
11 559
+19%
|
11 828
+2%
|
11 934
+1%
|
12 138
+2%
|
9 938
-18%
|
9 030
-9%
|
8 355
-7%
|
7 037
-16%
|
7 238
+3%
|
7 568
+5%
|
6 835
-10%
|
6 839
+0%
|
5 897
-14%
|
4 672
-21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 513)
|
(1 774)
|
(1 812)
|
(1 753)
|
(2 089)
|
(2 521)
|
(2 723)
|
(2 999)
|
(2 621)
|
(2 078)
|
(2 116)
|
(1 900)
|
(1 801)
|
(1 716)
|
(1 780)
|
(1 767)
|
(1 744)
|
(1 554)
|
(1 475)
|
(1 245)
|
(1 084)
|
(855)
|
(830)
|
(747)
|
(664)
|
(407)
|
(435)
|
(297)
|
(200)
|
24
|
(150)
|
(119)
|
7
|
348
|
188
|
302
|
317
|
660
|
410
|
372
|
296
|
|
Non-Reccuring Items |
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(199)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
7
|
(75)
|
3
|
3
|
0
|
(103)
|
3
|
3
|
3
|
(57)
|
0
|
(4)
|
(4)
|
(35)
|
0
|
(2)
|
(2)
|
(23)
|
(2)
|
1
|
1
|
5
|
0
|
(1)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
(9)
|
(1)
|
0
|
0
|
0
|
(10)
|
(9)
|
(57)
|
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 |
195
|
178
|
182
|
163
|
157
|
158
|
154
|
158
|
57
|
94
|
162
|
139
|
128
|
(3)
|
(58)
|
(19)
|
(67)
|
(34)
|
(115)
|
(124)
|
(146)
|
(4)
|
(108)
|
(114)
|
(48)
|
(20)
|
(87)
|
(78)
|
(65)
|
21
|
2
|
3
|
1
|
(7)
|
(38)
|
(37)
|
(34)
|
(13)
|
(11)
|
3
|
(13)
|
|
Pre-Tax Income |
500
N/A
|
174
-65%
|
131
-25%
|
(93)
N/A
|
(1 426)
-1 433%
|
(4 179)
-193%
|
(5 113)
-22%
|
(5 340)
-4%
|
(4 290)
+20%
|
(1 668)
+61%
|
(151)
+91%
|
899
N/A
|
3 271
+264%
|
5 328
+63%
|
6 884
+29%
|
9 191
+34%
|
10 238
+11%
|
10 594
+3%
|
10 704
+1%
|
9 800
-8%
|
8 434
-14%
|
7 780
-8%
|
7 377
-5%
|
7 469
+1%
|
7 942
+6%
|
8 032
+1%
|
9 174
+14%
|
11 178
+22%
|
11 559
+3%
|
11 944
+3%
|
11 990
+0%
|
9 820
-18%
|
9 036
-8%
|
8 673
-4%
|
7 185
-17%
|
7 503
+4%
|
7 853
+5%
|
7 487
-5%
|
7 238
-3%
|
6 271
-13%
|
4 955
-21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(28)
|
(26)
|
(21)
|
(21)
|
160
|
163
|
165
|
166
|
115
|
113
|
111
|
107
|
(33)
|
(47)
|
(238)
|
(551)
|
(812)
|
(1 051)
|
(1 107)
|
(1 041)
|
(1 128)
|
(1 093)
|
(1 137)
|
(1 220)
|
(1 067)
|
(1 267)
|
(1 544)
|
(1 538)
|
(1 477)
|
(1 399)
|
(1 102)
|
(991)
|
(999)
|
(840)
|
(821)
|
(830)
|
(847)
|
(855)
|
(871)
|
(786)
|
|
Income from Continuing Operations |
492
|
147
|
105
|
(114)
|
(1 447)
|
(4 019)
|
(4 950)
|
(5 175)
|
(4 124)
|
(1 553)
|
(38)
|
1 010
|
3 378
|
5 295
|
6 837
|
8 953
|
9 687
|
9 782
|
9 653
|
8 693
|
7 393
|
6 652
|
6 285
|
6 332
|
6 722
|
6 964
|
7 905
|
9 633
|
10 020
|
10 468
|
10 592
|
8 718
|
8 045
|
7 675
|
6 344
|
6 682
|
7 023
|
6 640
|
6 383
|
5 400
|
4 169
|
|
Income to Minority Interest |
(68)
|
(72)
|
(71)
|
15
|
382
|
1 060
|
1 346
|
1 425
|
1 166
|
498
|
107
|
(163)
|
(767)
|
(1 175)
|
(1 491)
|
(2 091)
|
(2 248)
|
(2 404)
|
(2 621)
|
(2 563)
|
(2 425)
|
(2 260)
|
(1 862)
|
(1 282)
|
(887)
|
(569)
|
(591)
|
(687)
|
(698)
|
(788)
|
(854)
|
(792)
|
(998)
|
(1 296)
|
(1 389)
|
(1 556)
|
(1 670)
|
(1 561)
|
(1 601)
|
(1 558)
|
(1 425)
|
|
Net Income (Common) |
424
N/A
|
75
-82%
|
34
-55%
|
(98)
N/A
|
(1 064)
-986%
|
(2 959)
-178%
|
(3 604)
-22%
|
(3 750)
-4%
|
(2 959)
+21%
|
(1 055)
+64%
|
68
N/A
|
847
+1 146%
|
2 613
+209%
|
4 121
+58%
|
5 348
+30%
|
6 863
+28%
|
7 439
+8%
|
7 378
-1%
|
7 032
-5%
|
6 130
-13%
|
4 968
-19%
|
4 391
-12%
|
4 423
+1%
|
5 050
+14%
|
5 835
+16%
|
6 395
+10%
|
7 315
+14%
|
8 947
+22%
|
9 322
+4%
|
9 680
+4%
|
9 738
+1%
|
7 926
-19%
|
7 047
-11%
|
6 379
-9%
|
4 956
-22%
|
5 126
+3%
|
5 353
+4%
|
5 079
-5%
|
4 782
-6%
|
3 842
-20%
|
2 745
-29%
|
|
EPS (Diluted) |
0.11
N/A
|
0.02
-82%
|
0.02
N/A
|
-0.02
N/A
|
-0.25
-1 150%
|
-0.7
-180%
|
-0.85
-21%
|
-0.88
-4%
|
-0.7
+20%
|
-0.25
+64%
|
0.01
N/A
|
0.19
+1 800%
|
0.61
+221%
|
0.98
+61%
|
1.26
+29%
|
1.62
+29%
|
1.76
+9%
|
1.75
-1%
|
1.66
-5%
|
1.45
-13%
|
0.81
-44%
|
1.04
+28%
|
0.72
-31%
|
0.82
+14%
|
0.95
+16%
|
1.02
+7%
|
1.17
+15%
|
1.42
+21%
|
1.34
-6%
|
1.48
+10%
|
1.4
-5%
|
1.15
-18%
|
1.02
-11%
|
0.92
-10%
|
0.72
-22%
|
0.74
+3%
|
0.77
+4%
|
0.74
-4%
|
0.69
-7%
|
0.56
-19%
|
0.4
-29%
|