
Zhejiang Shuanghuan Driveline Co Ltd
SZSE:002472

Income Statement
Earnings Waterfall
Zhejiang Shuanghuan Driveline Co Ltd
Revenue
|
8.9B
CNY
|
Cost of Revenue
|
-6.9B
CNY
|
Gross Profit
|
2.1B
CNY
|
Operating Expenses
|
-831.3m
CNY
|
Operating Income
|
1.2B
CNY
|
Other Expenses
|
-257.3m
CNY
|
Net Income
|
965m
CNY
|
Income Statement
Zhejiang Shuanghuan Driveline 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 |
1 188
N/A
|
1 266
+7%
|
1 313
+4%
|
1 366
+4%
|
1 375
+1%
|
1 397
+2%
|
1 441
+3%
|
1 489
+3%
|
1 596
+7%
|
1 743
+9%
|
1 902
+9%
|
2 080
+9%
|
2 375
+14%
|
2 639
+11%
|
2 831
+7%
|
3 118
+10%
|
3 124
+0%
|
3 151
+1%
|
3 182
+1%
|
3 092
-3%
|
3 087
0%
|
3 236
+5%
|
3 058
-5%
|
3 154
+3%
|
3 435
+9%
|
3 664
+7%
|
4 260
+16%
|
4 823
+13%
|
5 270
+9%
|
5 391
+2%
|
5 872
+9%
|
5 870
0%
|
6 151
+5%
|
6 838
+11%
|
6 974
+2%
|
7 426
+6%
|
7 885
+6%
|
8 074
+2%
|
8 357
+4%
|
8 710
+4%
|
8 945
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(897)
|
(937)
|
(979)
|
(1 013)
|
(1 025)
|
(1 056)
|
(1 093)
|
(1 136)
|
(1 221)
|
(1 365)
|
(1 492)
|
(1 622)
|
(1 857)
|
(2 046)
|
(2 201)
|
(2 451)
|
(2 485)
|
(2 539)
|
(2 570)
|
(2 502)
|
(2 515)
|
(2 681)
|
(2 561)
|
(2 675)
|
(2 920)
|
(3 066)
|
(3 505)
|
(3 978)
|
(4 331)
|
(4 376)
|
(4 750)
|
(4 689)
|
(4 854)
|
(5 438)
|
(5 516)
|
(5 863)
|
(6 222)
|
(6 310)
|
(6 513)
|
(6 760)
|
(6 891)
|
|
Gross Profit |
291
N/A
|
330
+13%
|
334
+1%
|
353
+6%
|
350
-1%
|
342
-3%
|
348
+2%
|
353
+2%
|
376
+6%
|
378
+1%
|
410
+9%
|
458
+12%
|
518
+13%
|
593
+14%
|
630
+6%
|
667
+6%
|
639
-4%
|
612
-4%
|
613
+0%
|
590
-4%
|
572
-3%
|
555
-3%
|
498
-10%
|
480
-4%
|
514
+7%
|
598
+16%
|
756
+26%
|
845
+12%
|
939
+11%
|
1 015
+8%
|
1 121
+10%
|
1 181
+5%
|
1 297
+10%
|
1 400
+8%
|
1 458
+4%
|
1 564
+7%
|
1 663
+6%
|
1 765
+6%
|
1 844
+4%
|
1 950
+6%
|
2 054
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(165)
|
(179)
|
(181)
|
(186)
|
(182)
|
(183)
|
(188)
|
(191)
|
(200)
|
(213)
|
(229)
|
(241)
|
(267)
|
(304)
|
(306)
|
(326)
|
(308)
|
(347)
|
(360)
|
(368)
|
(382)
|
(339)
|
(329)
|
(322)
|
(338)
|
(369)
|
(437)
|
(452)
|
(484)
|
(518)
|
(546)
|
(567)
|
(618)
|
(686)
|
(687)
|
(740)
|
(757)
|
(771)
|
(775)
|
(793)
|
(831)
|
|
Selling, General & Administrative |
(157)
|
(129)
|
(175)
|
(179)
|
(177)
|
(133)
|
(175)
|
(176)
|
(184)
|
(152)
|
(206)
|
(223)
|
(226)
|
(223)
|
(289)
|
(323)
|
(331)
|
(262)
|
(297)
|
(265)
|
(264)
|
(250)
|
(229)
|
(231)
|
(237)
|
(260)
|
(297)
|
(285)
|
(298)
|
(325)
|
(329)
|
(348)
|
(376)
|
(395)
|
(395)
|
(414)
|
(414)
|
(424)
|
(430)
|
(437)
|
(456)
|
|
Research & Development |
0
|
(43)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
(21)
|
(82)
|
0
|
0
|
(27)
|
(96)
|
(87)
|
(112)
|
(109)
|
(92)
|
(104)
|
(113)
|
(123)
|
(121)
|
(163)
|
(179)
|
(197)
|
(195)
|
(234)
|
(241)
|
(261)
|
(272)
|
(308)
|
(344)
|
(366)
|
(350)
|
(410)
|
(423)
|
(445)
|
|
Depreciation & Amortization |
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(8)
|
(1)
|
(6)
|
(7)
|
(5)
|
(0)
|
(13)
|
(15)
|
(16)
|
(0)
|
(22)
|
(17)
|
(20)
|
12
|
(18)
|
(4)
|
51
|
41
|
24
|
9
|
(9)
|
32
|
4
|
21
|
23
|
48
|
23
|
12
|
10
|
42
|
17
|
22
|
19
|
45
|
15
|
17
|
23
|
79
|
65
|
67
|
70
|
|
Operating Income |
126
N/A
|
151
+20%
|
153
+2%
|
167
+9%
|
168
+1%
|
159
-6%
|
160
+1%
|
162
+2%
|
175
+8%
|
165
-6%
|
181
+10%
|
217
+20%
|
251
+15%
|
289
+15%
|
324
+12%
|
340
+5%
|
331
-3%
|
265
-20%
|
252
-5%
|
222
-12%
|
191
-14%
|
217
+14%
|
168
-22%
|
157
-7%
|
177
+12%
|
230
+30%
|
319
+39%
|
393
+23%
|
455
+16%
|
497
+9%
|
575
+16%
|
614
+7%
|
679
+11%
|
713
+5%
|
771
+8%
|
823
+7%
|
906
+10%
|
993
+10%
|
1 068
+8%
|
1 157
+8%
|
1 222
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(17)
|
(17)
|
(21)
|
(20)
|
(12)
|
(7)
|
5
|
10
|
25
|
25
|
16
|
1
|
(23)
|
(48)
|
(62)
|
(64)
|
(80)
|
(85)
|
(102)
|
(109)
|
(117)
|
(132)
|
(128)
|
(147)
|
(144)
|
(153)
|
(164)
|
(147)
|
(118)
|
(121)
|
(92)
|
(82)
|
(62)
|
(69)
|
(47)
|
(49)
|
(33)
|
(30)
|
(51)
|
(58)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
1
|
1
|
2
|
35
|
35
|
36
|
36
|
(8)
|
1
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
(3)
|
(2)
|
(2)
|
(3)
|
(31)
|
(26)
|
(24)
|
(24)
|
(25)
|
(14)
|
(17)
|
(18)
|
|
Gain/Loss on Disposition of Assets |
(1)
|
(0)
|
(0)
|
(0)
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
7
|
7
|
6
|
7
|
7
|
6
|
8
|
11
|
9
|
18
|
17
|
17
|
18
|
1
|
(0)
|
(2)
|
(3)
|
3
|
3
|
2
|
2
|
4
|
(5)
|
(5)
|
(8)
|
(1)
|
(0)
|
0
|
6
|
3
|
3
|
2
|
(3)
|
(2)
|
(4)
|
(4)
|
(2)
|
(3)
|
(14)
|
(15)
|
(19)
|
|
Pre-Tax Income |
118
N/A
|
140
+19%
|
142
+1%
|
152
+7%
|
155
+2%
|
152
-2%
|
160
+6%
|
177
+10%
|
193
+9%
|
206
+7%
|
221
+7%
|
249
+13%
|
268
+8%
|
267
0%
|
276
+4%
|
277
+0%
|
265
-4%
|
222
-16%
|
205
-8%
|
158
-23%
|
120
-24%
|
96
-20%
|
32
-67%
|
24
-26%
|
21
-13%
|
84
+312%
|
165
+95%
|
229
+39%
|
314
+37%
|
379
+21%
|
454
+20%
|
521
+15%
|
591
+13%
|
619
+5%
|
673
+9%
|
749
+11%
|
831
+11%
|
932
+12%
|
1 010
+8%
|
1 074
+6%
|
1 128
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(15)
|
(17)
|
(19)
|
(22)
|
(21)
|
(23)
|
(31)
|
(35)
|
(26)
|
(26)
|
(21)
|
(14)
|
(27)
|
(27)
|
(19)
|
(17)
|
(21)
|
(14)
|
(10)
|
(9)
|
(4)
|
(5)
|
(16)
|
(22)
|
(25)
|
(36)
|
(51)
|
(67)
|
(33)
|
(36)
|
(39)
|
(48)
|
(98)
|
(121)
|
(133)
|
(141)
|
|
Income from Continuing Operations |
100
|
122
|
125
|
133
|
135
|
137
|
144
|
158
|
171
|
186
|
198
|
218
|
233
|
240
|
250
|
256
|
251
|
195
|
178
|
139
|
103
|
75
|
18
|
14
|
11
|
81
|
160
|
213
|
292
|
354
|
418
|
470
|
524
|
586
|
637
|
710
|
783
|
834
|
889
|
941
|
987
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
1
|
1
|
0
|
1
|
1
|
2
|
3
|
(1)
|
(8)
|
(19)
|
(29)
|
(34)
|
(34)
|
(29)
|
(28)
|
(26)
|
(21)
|
(14)
|
(4)
|
(2)
|
(10)
|
(21)
|
(18)
|
(22)
|
(20)
|
(22)
|
|
Net Income (Common) |
100
N/A
|
122
+23%
|
125
+2%
|
133
+7%
|
135
+1%
|
137
+1%
|
144
+5%
|
158
+10%
|
171
+8%
|
186
+8%
|
198
+7%
|
218
+10%
|
233
+7%
|
243
+4%
|
252
+4%
|
256
+2%
|
252
-2%
|
195
-22%
|
179
-8%
|
141
-22%
|
105
-25%
|
78
-26%
|
17
-78%
|
6
-66%
|
(7)
N/A
|
51
N/A
|
126
+145%
|
178
+42%
|
263
+48%
|
326
+24%
|
392
+20%
|
449
+15%
|
509
+13%
|
582
+14%
|
634
+9%
|
700
+10%
|
762
+9%
|
816
+7%
|
867
+6%
|
921
+6%
|
965
+5%
|
|
EPS (Diluted) |
0.17
N/A
|
0.21
+24%
|
0.22
+5%
|
0.23
+5%
|
0.24
+4%
|
0.24
N/A
|
0.26
+8%
|
0.23
-12%
|
0.25
+9%
|
0.28
+12%
|
0.3
+7%
|
0.33
+10%
|
0.35
+6%
|
0.36
+3%
|
0.38
+6%
|
0.39
+3%
|
0.38
-3%
|
0.29
-24%
|
0.27
-7%
|
0.21
-22%
|
0.16
-24%
|
0.12
-25%
|
0.02
-83%
|
0
N/A
|
-0.02
N/A
|
0.08
N/A
|
0.2
+150%
|
0.28
+40%
|
0.33
+18%
|
0.46
+39%
|
0.5
+9%
|
0.59
+18%
|
0.67
+14%
|
0.73
+9%
|
0.74
+1%
|
0.85
+15%
|
0.9
+6%
|
0.97
+8%
|
1.03
+6%
|
1.08
+5%
|
1.13
+5%
|