C

C&S Paper Co Ltd
SZSE:002511

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C&S Paper Co Ltd
SZSE:002511
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Price: 7.18 CNY -0.83% Market Closed
Market Cap: 9.3B CNY
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C&S Paper Co Ltd?
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Income Statement

Earnings Waterfall
C&S Paper Co Ltd

Revenue
9.1B CNY
Cost of Revenue
-6B CNY
Gross Profit
3.2B CNY
Operating Expenses
-2.8B CNY
Operating Income
337.2m CNY
Other Expenses
-1.4m CNY
Net Income
335.8m CNY

Income Statement
C&S Paper Co Ltd

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Income Statement
Currency: CNY
Jun-2014 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
Revenue
Revenue
2 491
N/A
2 459
-1%
2 522
+3%
2 588
+3%
2 693
+4%
2 820
+5%
2 959
+5%
3 209
+8%
3 431
+7%
3 633
+6%
3 809
+5%
3 988
+5%
4 161
+4%
4 421
+6%
4 638
+5%
4 831
+4%
5 101
+6%
5 367
+5%
5 679
+6%
5 994
+6%
6 265
+5%
6 417
+2%
6 635
+3%
6 765
+2%
7 079
+5%
7 370
+4%
7 824
+6%
8 255
+6%
8 455
+2%
8 543
+1%
9 150
+7%
8 932
-2%
9 270
+4%
8 989
-3%
8 570
-5%
8 746
+2%
8 887
+2%
9 279
+4%
9 801
+6%
9 586
-2%
9 137
-5%
Gross Profit
Cost of Revenue
(1 784)
(1 751)
(1 769)
(1 806)
(1 876)
(1 945)
(2 018)
(2 173)
(2 288)
(2 388)
(2 452)
(2 562)
(2 681)
(2 871)
(3 015)
(3 150)
(3 343)
(3 544)
(3 743)
(4 051)
(4 151)
(4 117)
(4 006)
(3 952)
(3 980)
(4 049)
(4 593)
(4 983)
(5 280)
(5 581)
(5 867)
(5 941)
(6 295)
(6 158)
(5 839)
(6 113)
(6 312)
(6 528)
(6 553)
(6 330)
(5 960)
Gross Profit
708
N/A
707
0%
753
+6%
783
+4%
817
+4%
875
+7%
941
+8%
1 037
+10%
1 143
+10%
1 244
+9%
1 358
+9%
1 426
+5%
1 481
+4%
1 549
+5%
1 624
+5%
1 681
+4%
1 758
+5%
1 823
+4%
1 936
+6%
1 943
+0%
2 114
+9%
2 300
+9%
2 629
+14%
2 813
+7%
3 098
+10%
3 321
+7%
3 231
-3%
3 272
+1%
3 175
-3%
2 962
-7%
3 283
+11%
2 991
-9%
2 975
-1%
2 831
-5%
2 730
-4%
2 633
-4%
2 575
-2%
2 751
+7%
3 248
+18%
3 255
+0%
3 177
-2%
Operating Income
Operating Expenses
(607)
(596)
(595)
(603)
(621)
(677)
(750)
(814)
(887)
(921)
(979)
(1 018)
(1 043)
(1 102)
(1 166)
(1 180)
(1 231)
(1 270)
(1 378)
(1 360)
(1 486)
(1 607)
(1 877)
(2 001)
(2 163)
(2 335)
(2 135)
(2 095)
(2 149)
(2 127)
(2 595)
(2 490)
(2 530)
(2 409)
(2 355)
(2 323)
(2 407)
(2 544)
(2 935)
(2 935)
(2 840)
Selling, General & Administrative
(605)
(593)
(519)
(579)
(597)
(635)
(655)
(792)
(849)
(898)
(890)
(992)
(1 010)
(1 056)
(1 061)
(1 150)
(1 217)
(1 257)
(1 227)
(1 257)
(1 360)
(1 451)
(1 662)
(1 815)
(1 967)
(2 143)
(1 907)
(1 912)
(1 960)
(1 935)
(2 321)
(2 277)
(2 310)
(2 197)
(2 080)
(2 122)
(2 194)
(2 314)
(2 620)
(2 711)
(2 612)
Research & Development
0
0
(33)
0
0
0
(45)
0
0
0
(46)
0
0
(23)
(83)
0
0
(23)
(95)
(83)
(113)
(144)
(158)
(183)
(203)
(196)
(164)
(197)
(197)
(200)
(185)
(214)
(220)
(213)
(179)
(207)
(219)
(240)
(234)
(281)
(287)
Depreciation & Amortization
0
0
(22)
0
0
0
(31)
0
0
0
(31)
0
0
0
(31)
0
0
0
(48)
0
0
0
(67)
0
0
0
(91)
0
0
0
(108)
0
0
0
(118)
0
0
0
(125)
0
0
Other Operating Expenses
(2)
(2)
(22)
(24)
(23)
(43)
(18)
(22)
(39)
(22)
(12)
(26)
(33)
(22)
9
(30)
(14)
10
(8)
(21)
(14)
(13)
9
(3)
8
4
27
14
8
8
20
1
0
1
22
6
6
9
44
56
59
Operating Income
101
N/A
112
+11%
158
+42%
180
+14%
197
+9%
198
+1%
191
-3%
223
+16%
256
+15%
324
+26%
379
+17%
407
+8%
437
+7%
447
+2%
458
+2%
501
+9%
528
+5%
553
+5%
557
+1%
583
+5%
629
+8%
693
+10%
752
+9%
812
+8%
936
+15%
987
+5%
1 096
+11%
1 177
+7%
1 026
-13%
835
-19%
689
-17%
501
-27%
445
-11%
422
-5%
375
-11%
310
-17%
168
-46%
207
+23%
313
+51%
320
+2%
337
+5%
Pre-Tax Income
Interest Income Expense
(49)
(55)
(68)
(83)
(88)
(101)
(92)
(96)
(91)
(76)
(55)
(47)
(44)
(39)
(42)
(37)
(39)
(42)
(49)
(44)
(38)
(36)
(15)
(17)
(3)
20
24
27
21
10
12
6
7
0
37
33
48
61
57
49
47
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
(2)
(1)
(1)
(1)
(2)
(2)
(5)
(6)
(6)
(5)
(2)
(2)
(20)
0
(0)
(0)
(17)
(1)
(1)
(0)
(26)
(0)
(1)
(1)
(14)
1
1
1
(9)
(1)
(0)
Gain/Loss on Disposition of Assets
(0)
(5)
(6)
(5)
0
(2)
(4)
(2)
(2)
(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
Total Other Income
42
32
10
5
(4)
10
22
18
22
15
12
16
11
9
8
(13)
(9)
(2)
8
8
7
(1)
4
(8)
(11)
(11)
(14)
(7)
(7)
(12)
(7)
(8)
(10)
6
11
10
12
1
2
(2)
(2)
Pre-Tax Income
94
N/A
84
-11%
94
+13%
97
+2%
104
+8%
105
+1%
118
+12%
142
+21%
185
+30%
262
+42%
335
+28%
375
+12%
403
+7%
417
+3%
421
+1%
449
+7%
474
+5%
503
+6%
511
+2%
541
+6%
597
+10%
654
+10%
721
+10%
788
+9%
922
+17%
995
+8%
1 088
+9%
1 195
+10%
1 038
-13%
832
-20%
667
-20%
499
-25%
440
-12%
428
-3%
409
-4%
354
-13%
230
-35%
269
+17%
363
+35%
366
+1%
382
+5%
Net Income
Tax Provision
(23)
(24)
(27)
(28)
(27)
(23)
(29)
(31)
(37)
(59)
(74)
(85)
(92)
(91)
(72)
(77)
(82)
(87)
(104)
(109)
(115)
(122)
(117)
(124)
(140)
(157)
(183)
(202)
(178)
(114)
(86)
(55)
(39)
(57)
(61)
(50)
(25)
(30)
(32)
(28)
(48)
Income from Continuing Operations
71
59
68
68
77
83
88
112
148
203
260
290
311
326
349
372
393
415
407
432
482
532
604
664
782
838
906
994
860
719
581
443
401
371
349
305
205
239
332
338
335
Income to Minority Interest
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
1
1
2
2
1
1
1
1
Net Income (Common)
71
N/A
59
-16%
68
+14%
68
+1%
77
+13%
83
+7%
88
+7%
112
+26%
148
+33%
203
+37%
260
+28%
290
+11%
311
+7%
326
+5%
349
+7%
372
+7%
393
+5%
415
+6%
407
-2%
432
+6%
482
+12%
532
+10%
604
+13%
664
+10%
782
+18%
838
+7%
906
+8%
994
+10%
860
-13%
719
-16%
581
-19%
443
-24%
402
-9%
371
-8%
350
-6%
306
-13%
207
-32%
241
+16%
333
+38%
339
+2%
336
-1%
EPS (Diluted)
0.06
N/A
0.05
-17%
0.05
N/A
0.05
N/A
0.06
+20%
0.07
+17%
0.07
N/A
0.1
+43%
0.13
+30%
0.17
+31%
0.21
+24%
0.23
+10%
0.25
+9%
0.26
+4%
0.28
+8%
0.3
+7%
0.31
+3%
0.33
+6%
0.32
-3%
0.34
+6%
0.38
+12%
0.42
+11%
0.46
+10%
0.51
+11%
0.6
+18%
0.64
+7%
0.69
+8%
0.77
+12%
0.66
-14%
0.55
-17%
0.44
-20%
0.33
-25%
0.3
-9%
0.28
-7%
0.27
-4%
0.24
-11%
0.13
-46%
0.24
+85%
0.26
+8%
0.25
-4%
0.27
+8%

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