
Shandong Minhe Animal Husbandry Co Ltd
SZSE:002234

Income Statement
Earnings Waterfall
Shandong Minhe Animal Husbandry Co Ltd
Revenue
|
2B
CNY
|
Cost of Revenue
|
-2.1B
CNY
|
Gross Profit
|
-40.8m
CNY
|
Operating Expenses
|
-374.4m
CNY
|
Operating Income
|
-415.2m
CNY
|
Other Expenses
|
-70.3m
CNY
|
Net Income
|
-485.5m
CNY
|
Income Statement
Shandong Minhe Animal Husbandry 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 |
1 122
N/A
|
1 186
+6%
|
1 181
0%
|
1 123
-5%
|
1 020
-9%
|
901
-12%
|
966
+7%
|
1 100
+14%
|
1 259
+14%
|
1 409
+12%
|
1 341
-5%
|
1 212
-10%
|
1 080
-11%
|
1 068
-1%
|
1 141
+7%
|
1 288
+13%
|
1 492
+16%
|
1 818
+22%
|
2 255
+24%
|
2 711
+20%
|
3 001
+11%
|
3 276
+9%
|
2 987
-9%
|
2 615
-12%
|
2 238
-14%
|
1 682
-25%
|
1 746
+4%
|
1 828
+5%
|
1 844
+1%
|
1 775
-4%
|
1 517
-15%
|
1 367
-10%
|
1 408
+3%
|
1 609
+14%
|
1 939
+21%
|
2 090
+8%
|
2 156
+3%
|
2 074
-4%
|
2 019
-3%
|
2 001
-1%
|
2 018
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 023)
|
(1 027)
|
(1 011)
|
(1 048)
|
(1 021)
|
(1 027)
|
(916)
|
(889)
|
(912)
|
(1 055)
|
(1 051)
|
(1 089)
|
(1 100)
|
(1 121)
|
(1 094)
|
(1 109)
|
(1 134)
|
(1 194)
|
(1 245)
|
(1 269)
|
(1 316)
|
(1 440)
|
(1 288)
|
(1 317)
|
(1 349)
|
(1 466)
|
(1 425)
|
(1 473)
|
(1 448)
|
(1 595)
|
(1 497)
|
(1 532)
|
(1 608)
|
(1 815)
|
(1 799)
|
(1 884)
|
(1 956)
|
(2 107)
|
(2 046)
|
(2 082)
|
(2 059)
|
|
Gross Profit |
99
N/A
|
160
+62%
|
170
+7%
|
74
-56%
|
(2)
N/A
|
(126)
-8 320%
|
50
N/A
|
211
+321%
|
347
+65%
|
354
+2%
|
290
-18%
|
123
-58%
|
(20)
N/A
|
(54)
-174%
|
47
N/A
|
179
+282%
|
358
+100%
|
624
+74%
|
1 011
+62%
|
1 442
+43%
|
1 685
+17%
|
1 836
+9%
|
1 699
-7%
|
1 298
-24%
|
890
-31%
|
216
-76%
|
321
+49%
|
355
+11%
|
396
+12%
|
180
-54%
|
20
-89%
|
(165)
N/A
|
(199)
-21%
|
(206)
-3%
|
140
N/A
|
206
+46%
|
200
-3%
|
(33)
N/A
|
(27)
+18%
|
(81)
-203%
|
(41)
+49%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(165)
|
(100)
|
(111)
|
(122)
|
(165)
|
(135)
|
(193)
|
(187)
|
(141)
|
(147)
|
(234)
|
(238)
|
(285)
|
(139)
|
(175)
|
(173)
|
(125)
|
(175)
|
(170)
|
(185)
|
(191)
|
(256)
|
(360)
|
(356)
|
(475)
|
(139)
|
(274)
|
(353)
|
(251)
|
(138)
|
(289)
|
(248)
|
(245)
|
(238)
|
(341)
|
(391)
|
(416)
|
(314)
|
(400)
|
(391)
|
(374)
|
|
Selling, General & Administrative |
(110)
|
(87)
|
(109)
|
(120)
|
(122)
|
(111)
|
(130)
|
(125)
|
(121)
|
(119)
|
(147)
|
(149)
|
(152)
|
(117)
|
(135)
|
(137)
|
(140)
|
(165)
|
(182)
|
(187)
|
(191)
|
(235)
|
(241)
|
(237)
|
(232)
|
(123)
|
(130)
|
(129)
|
(127)
|
(128)
|
(151)
|
(161)
|
(182)
|
(202)
|
(254)
|
(293)
|
(312)
|
(282)
|
(292)
|
(277)
|
(266)
|
|
Research & Development |
0
|
(1)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
(1)
|
(4)
|
0
|
0
|
(1)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(13)
|
(14)
|
(16)
|
(16)
|
(18)
|
(19)
|
(18)
|
(19)
|
(19)
|
(21)
|
(22)
|
|
Depreciation & Amortization |
0
|
(11)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(55)
|
(1)
|
(2)
|
(2)
|
(44)
|
(0)
|
(63)
|
(62)
|
(20)
|
(0)
|
(87)
|
(89)
|
(131)
|
2
|
(40)
|
(35)
|
16
|
9
|
15
|
5
|
4
|
2
|
(113)
|
(112)
|
(235)
|
8
|
(135)
|
(214)
|
(114)
|
23
|
(125)
|
(73)
|
(47)
|
9
|
(69)
|
(79)
|
(85)
|
11
|
(88)
|
(93)
|
(86)
|
|
Operating Income |
(66)
N/A
|
60
N/A
|
59
-2%
|
(47)
N/A
|
(167)
-254%
|
(261)
-57%
|
(143)
+45%
|
24
N/A
|
206
+765%
|
207
+1%
|
56
-73%
|
(115)
N/A
|
(304)
-164%
|
(193)
+37%
|
(129)
+33%
|
5
N/A
|
233
+4 381%
|
449
+93%
|
841
+87%
|
1 257
+49%
|
1 494
+19%
|
1 580
+6%
|
1 339
-15%
|
943
-30%
|
415
-56%
|
77
-81%
|
47
-40%
|
2
-96%
|
145
+8 187%
|
42
-71%
|
(269)
N/A
|
(413)
-53%
|
(444)
-8%
|
(444)
0%
|
(200)
+55%
|
(185)
+8%
|
(215)
-16%
|
(346)
-61%
|
(426)
-23%
|
(471)
-11%
|
(415)
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(43)
|
(38)
|
(37)
|
(40)
|
(40)
|
(64)
|
(72)
|
(66)
|
(64)
|
(53)
|
(55)
|
(70)
|
(78)
|
(90)
|
(92)
|
(91)
|
(88)
|
(73)
|
(57)
|
(24)
|
2
|
31
|
39
|
38
|
30
|
12
|
8
|
2
|
6
|
0
|
(7)
|
(13)
|
(17)
|
(21)
|
(23)
|
(25)
|
(33)
|
(46)
|
(58)
|
(64)
|
(74)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(7)
|
0
|
7
|
0
|
6
|
0
|
0
|
(0)
|
(2)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
(0)
|
(0)
|
(3)
|
(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
|
0
|
0
|
0
|
|
Total Other Income |
56
|
41
|
40
|
3
|
(2)
|
11
|
12
|
17
|
9
|
9
|
8
|
2
|
(3)
|
(1)
|
(10)
|
(10)
|
(6)
|
(0)
|
(2)
|
(2)
|
(2)
|
0
|
(8)
|
(8)
|
(10)
|
(6)
|
(2)
|
(2)
|
0
|
1
|
(1)
|
(2)
|
1
|
2
|
(2)
|
2
|
(1)
|
2
|
1
|
(1)
|
(1)
|
|
Pre-Tax Income |
(53)
N/A
|
63
N/A
|
61
-4%
|
(84)
N/A
|
(208)
-149%
|
(315)
-51%
|
(204)
+35%
|
(25)
+88%
|
152
N/A
|
155
+2%
|
9
-94%
|
(183)
N/A
|
(385)
-111%
|
(290)
+25%
|
(230)
+21%
|
(89)
+61%
|
139
N/A
|
381
+174%
|
782
+105%
|
1 231
+57%
|
1 493
+21%
|
1 610
+8%
|
1 370
-15%
|
973
-29%
|
435
-55%
|
65
-85%
|
53
-19%
|
2
-96%
|
151
+6 691%
|
43
-72%
|
(277)
N/A
|
(428)
-55%
|
(460)
-7%
|
(465)
-1%
|
(225)
+52%
|
(208)
+8%
|
(250)
-20%
|
(394)
-58%
|
(484)
-23%
|
(536)
-11%
|
(490)
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(54)
|
63
|
61
|
(84)
|
(209)
|
(316)
|
(205)
|
(26)
|
151
|
154
|
9
|
(183)
|
(386)
|
(291)
|
(230)
|
(90)
|
138
|
380
|
782
|
1 231
|
1 494
|
1 609
|
1 370
|
972
|
435
|
65
|
52
|
2
|
151
|
43
|
(277)
|
(428)
|
(460)
|
(465)
|
(225)
|
(208)
|
(250)
|
(394)
|
(484)
|
(536)
|
(490)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
5
|
7
|
9
|
10
|
13
|
13
|
13
|
12
|
8
|
6
|
4
|
4
|
|
Net Income (Common) |
(54)
N/A
|
63
N/A
|
61
-3%
|
(84)
N/A
|
(209)
-149%
|
(316)
-51%
|
(205)
+35%
|
(26)
+87%
|
151
N/A
|
154
+2%
|
9
-94%
|
(183)
N/A
|
(386)
-110%
|
(291)
+25%
|
(230)
+21%
|
(90)
+61%
|
138
N/A
|
381
+176%
|
782
+105%
|
1 231
+57%
|
1 494
+21%
|
1 610
+8%
|
1 371
-15%
|
973
-29%
|
436
-55%
|
67
-85%
|
55
-18%
|
5
-92%
|
154
+3 309%
|
48
-69%
|
(270)
N/A
|
(420)
-56%
|
(451)
-7%
|
(452)
0%
|
(212)
+53%
|
(195)
+8%
|
(238)
-22%
|
(386)
-62%
|
(478)
-24%
|
(532)
-11%
|
(485)
+9%
|
|
EPS (Diluted) |
-0.18
N/A
|
0.21
N/A
|
0.2
-5%
|
-0.28
N/A
|
-0.69
-146%
|
-1.04
-51%
|
-0.68
+35%
|
-0.09
+87%
|
0.5
N/A
|
0.51
+2%
|
0.03
-94%
|
-0.6
N/A
|
-1.27
-112%
|
-0.96
+24%
|
-0.75
+22%
|
-0.29
+61%
|
0.46
N/A
|
1.26
+174%
|
2.59
+106%
|
4.03
+56%
|
4.95
+23%
|
5.33
+8%
|
4.54
-15%
|
3.22
-29%
|
1.44
-55%
|
0.22
-85%
|
0.17
-23%
|
0
N/A
|
0.44
N/A
|
0.14
-68%
|
-0.77
N/A
|
-1.2
-56%
|
-1.29
-8%
|
-1.3
-1%
|
-0.61
+53%
|
-0.56
+8%
|
-0.68
-21%
|
-1.11
-63%
|
-1.37
-23%
|
-1.52
-11%
|
-1.39
+9%
|