Zhejiang Ming Jewelry Co Ltd
SZSE:002574
Income Statement
Earnings Waterfall
Zhejiang Ming Jewelry Co Ltd
Income Statement
Zhejiang Ming Jewelry Co Ltd
| Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | 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 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
59
|
0
|
0
|
0
|
55
|
0
|
0
|
0
|
80
|
0
|
0
|
0
|
92
|
0
|
0
|
0
|
111
|
0
|
0
|
0
|
110
|
0
|
0
|
0
|
106
|
0
|
0
|
0
|
44
|
5
|
12
|
19
|
25
|
28
|
28
|
28
|
28
|
29
|
28
|
27
|
28
|
27
|
29
|
29
|
25
|
0
|
17
|
18
|
29
|
32
|
35
|
40
|
44
|
53
|
53
|
44
|
41
|
78
|
0
|
0
|
|
| Revenue |
4 029
N/A
|
4 494
+12%
|
5 021
+12%
|
5 706
+14%
|
5 888
+3%
|
6 367
+8%
|
6 582
+3%
|
6 528
-1%
|
6 656
+2%
|
6 949
+4%
|
8 012
+15%
|
8 610
+7%
|
8 558
-1%
|
8 982
+5%
|
7 789
-13%
|
6 899
-11%
|
6 842
-1%
|
6 031
-12%
|
5 762
-4%
|
5 534
-4%
|
5 240
-5%
|
4 499
-14%
|
3 931
-13%
|
3 535
-10%
|
3 350
-5%
|
3 186
-5%
|
3 262
+2%
|
3 652
+12%
|
3 687
+1%
|
3 823
+4%
|
4 194
+10%
|
4 059
-3%
|
4 094
+1%
|
4 075
0%
|
3 824
-6%
|
3 597
-6%
|
3 430
-5%
|
2 963
-14%
|
2 598
-12%
|
2 502
-4%
|
2 510
+0%
|
2 800
+12%
|
3 246
+16%
|
3 379
+4%
|
3 582
+6%
|
3 701
+3%
|
3 381
-9%
|
3 491
+3%
|
3 474
-1%
|
3 528
+2%
|
3 826
+8%
|
3 916
+2%
|
3 937
+1%
|
4 063
+3%
|
4 201
+3%
|
4 228
+1%
|
3 934
-7%
|
3 553
-10%
|
3 440
-3%
|
3 043
-12%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 540)
|
(4 002)
|
(4 503)
|
(5 083)
|
(5 310)
|
(5 826)
|
(6 113)
|
(6 169)
|
(6 261)
|
(6 555)
|
(7 610)
|
(8 156)
|
(8 208)
|
(8 448)
|
(7 191)
|
(6 349)
|
(6 265)
|
(5 550)
|
(5 350)
|
(5 143)
|
(4 853)
|
(4 164)
|
(3 598)
|
(3 204)
|
(3 015)
|
(2 855)
|
(2 915)
|
(3 317)
|
(3 316)
|
(3 462)
|
(3 844)
|
(3 698)
|
(3 749)
|
(3 714)
|
(3 453)
|
(3 221)
|
(3 019)
|
(2 613)
|
(2 274)
|
(2 182)
|
(2 192)
|
(2 451)
|
(2 868)
|
(2 989)
|
(3 178)
|
(3 306)
|
(3 015)
|
(3 123)
|
(3 097)
|
(3 147)
|
(3 399)
|
(3 478)
|
(3 466)
|
(3 609)
|
(3 792)
|
(3 854)
|
(3 740)
|
(3 395)
|
(3 324)
|
(2 942)
|
|
| Gross Profit |
489
N/A
|
492
+1%
|
518
+5%
|
623
+20%
|
578
-7%
|
541
-6%
|
469
-13%
|
359
-23%
|
396
+10%
|
395
0%
|
402
+2%
|
455
+13%
|
350
-23%
|
534
+53%
|
598
+12%
|
550
-8%
|
577
+5%
|
482
-16%
|
413
-14%
|
391
-5%
|
387
-1%
|
335
-13%
|
333
-1%
|
331
-1%
|
336
+2%
|
331
-1%
|
347
+5%
|
336
-3%
|
370
+10%
|
361
-2%
|
350
-3%
|
361
+3%
|
345
-4%
|
361
+5%
|
371
+3%
|
376
+1%
|
410
+9%
|
350
-15%
|
325
-7%
|
320
-1%
|
318
-1%
|
349
+10%
|
378
+8%
|
391
+3%
|
405
+4%
|
395
-2%
|
366
-7%
|
368
+0%
|
376
+2%
|
381
+1%
|
426
+12%
|
438
+3%
|
471
+7%
|
454
-4%
|
409
-10%
|
373
-9%
|
194
-48%
|
158
-19%
|
116
-27%
|
101
-13%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(155)
|
(151)
|
(160)
|
(186)
|
(201)
|
(211)
|
(208)
|
(188)
|
(219)
|
(236)
|
(320)
|
(339)
|
(297)
|
(353)
|
(291)
|
(286)
|
(277)
|
(256)
|
(255)
|
(261)
|
(279)
|
(267)
|
(274)
|
(286)
|
(279)
|
(296)
|
(341)
|
(323)
|
(224)
|
(322)
|
(316)
|
(325)
|
(206)
|
(366)
|
(332)
|
(352)
|
(247)
|
(474)
|
(472)
|
(456)
|
(283)
|
(605)
|
(601)
|
(604)
|
(334)
|
(326)
|
(323)
|
(336)
|
(343)
|
(621)
|
(637)
|
(656)
|
(400)
|
(399)
|
(407)
|
(403)
|
(427)
|
(438)
|
(413)
|
(373)
|
|
| Selling, General & Administrative |
(151)
|
(149)
|
(157)
|
(156)
|
(180)
|
(192)
|
(188)
|
(198)
|
(214)
|
(216)
|
(239)
|
(253)
|
(288)
|
(267)
|
(261)
|
(254)
|
(264)
|
(248)
|
(251)
|
(251)
|
(269)
|
(245)
|
(239)
|
(242)
|
(272)
|
(245)
|
(252)
|
(251)
|
(273)
|
(266)
|
(260)
|
(274)
|
(300)
|
(289)
|
(308)
|
(300)
|
(311)
|
(291)
|
(287)
|
(301)
|
(285)
|
(305)
|
(302)
|
(305)
|
(321)
|
(326)
|
(323)
|
(335)
|
(320)
|
(342)
|
(373)
|
(392)
|
(405)
|
(423)
|
(416)
|
(408)
|
(380)
|
(434)
|
(403)
|
(373)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(2)
|
(1)
|
(4)
|
(5)
|
(5)
|
(2)
|
(4)
|
(4)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(0)
|
(2)
|
(16)
|
0
|
(22)
|
(22)
|
(21)
|
(31)
|
(27)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(4)
|
(2)
|
(3)
|
(30)
|
(21)
|
(19)
|
(20)
|
10
|
(3)
|
(21)
|
(82)
|
(86)
|
(2)
|
(86)
|
(30)
|
(32)
|
(5)
|
(9)
|
(5)
|
(10)
|
(1)
|
(22)
|
(35)
|
(44)
|
(1)
|
(51)
|
(89)
|
(70)
|
57
|
(56)
|
(56)
|
(49)
|
105
|
(74)
|
(19)
|
(48)
|
78
|
(178)
|
(180)
|
(152)
|
15
|
(298)
|
(299)
|
(299)
|
1
|
2
|
2
|
2
|
(1)
|
(278)
|
(263)
|
(263)
|
30
|
39
|
9
|
26
|
9
|
17
|
21
|
27
|
|
| Operating Income |
335
N/A
|
342
+2%
|
358
+5%
|
437
+22%
|
377
-14%
|
331
-12%
|
261
-21%
|
171
-35%
|
176
+3%
|
158
-10%
|
82
-48%
|
115
+41%
|
53
-54%
|
181
+242%
|
307
+70%
|
265
-14%
|
300
+13%
|
225
-25%
|
157
-30%
|
130
-17%
|
109
-16%
|
68
-38%
|
59
-13%
|
44
-25%
|
57
+28%
|
35
-38%
|
7
-81%
|
13
+103%
|
146
+1 009%
|
40
-73%
|
34
-15%
|
36
+6%
|
139
+287%
|
(6)
N/A
|
39
N/A
|
24
-39%
|
163
+584%
|
(124)
N/A
|
(147)
-19%
|
(136)
+8%
|
35
N/A
|
(256)
N/A
|
(223)
+13%
|
(214)
+4%
|
71
N/A
|
70
-2%
|
44
-37%
|
33
-25%
|
34
+3%
|
(239)
N/A
|
(211)
+12%
|
(218)
-3%
|
71
N/A
|
55
-23%
|
3
-95%
|
(30)
N/A
|
(233)
-678%
|
(280)
-20%
|
(297)
-6%
|
(271)
+8%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(93)
|
(94)
|
(77)
|
(100)
|
(41)
|
(50)
|
(42)
|
(41)
|
(73)
|
(68)
|
(2)
|
12
|
59
|
16
|
(34)
|
3
|
(43)
|
(17)
|
(19)
|
(31)
|
(27)
|
(14)
|
(15)
|
(9)
|
(3)
|
(8)
|
46
|
57
|
34
|
98
|
104
|
119
|
55
|
151
|
105
|
115
|
154
|
210
|
208
|
180
|
35
|
46
|
465
|
132
|
140
|
150
|
(278)
|
66
|
30
|
35
|
32
|
13
|
43
|
32
|
39
|
58
|
42
|
40
|
21
|
6
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(187)
|
0
|
0
|
0
|
(304)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(277)
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
49
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
2
|
1
|
(5)
|
(5)
|
2
|
4
|
4
|
5
|
1
|
3
|
3
|
5
|
7
|
8
|
7
|
6
|
6
|
4
|
9
|
8
|
6
|
4
|
4
|
9
|
11
|
15
|
9
|
4
|
1
|
(2)
|
0
|
1
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
1
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
1
|
1
|
0
|
1
|
(0)
|
52
|
89
|
97
|
112
|
65
|
87
|
70
|
59
|
35
|
|
| Pre-Tax Income |
292
N/A
|
248
-15%
|
276
+11%
|
332
+20%
|
338
+2%
|
285
-16%
|
223
-22%
|
135
-40%
|
104
-23%
|
93
-10%
|
84
-11%
|
132
+58%
|
119
-10%
|
205
+72%
|
280
+37%
|
273
-2%
|
264
-4%
|
213
-19%
|
147
-31%
|
108
-27%
|
88
-19%
|
58
-34%
|
48
-17%
|
45
-8%
|
48
+7%
|
41
-13%
|
61
+48%
|
75
+22%
|
125
+68%
|
136
+9%
|
138
+1%
|
156
+13%
|
129
-17%
|
143
+11%
|
144
+1%
|
138
-4%
|
129
-7%
|
87
-32%
|
60
-31%
|
44
-28%
|
(235)
N/A
|
(210)
+11%
|
241
N/A
|
(82)
N/A
|
211
N/A
|
220
+4%
|
(233)
N/A
|
99
N/A
|
(213)
N/A
|
(203)
+5%
|
(178)
+12%
|
(153)
+14%
|
208
N/A
|
184
-11%
|
153
-17%
|
93
-39%
|
(104)
N/A
|
(171)
-64%
|
(217)
-27%
|
(230)
-6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(75)
|
(64)
|
(74)
|
(84)
|
(87)
|
(73)
|
(56)
|
(39)
|
(30)
|
(29)
|
(25)
|
(39)
|
(36)
|
(53)
|
(79)
|
(77)
|
(64)
|
(56)
|
(33)
|
(28)
|
(31)
|
(20)
|
(13)
|
(7)
|
(5)
|
(6)
|
(4)
|
(0)
|
(38)
|
(34)
|
(46)
|
(66)
|
(37)
|
(45)
|
(40)
|
(41)
|
(74)
|
(66)
|
(64)
|
(50)
|
(23)
|
(29)
|
(152)
|
(75)
|
(73)
|
(72)
|
47
|
(28)
|
51
|
50
|
46
|
36
|
(49)
|
(51)
|
(46)
|
(33)
|
121
|
130
|
142
|
134
|
|
| Income from Continuing Operations |
217
|
185
|
202
|
248
|
251
|
211
|
167
|
96
|
74
|
64
|
58
|
94
|
83
|
152
|
201
|
197
|
199
|
157
|
114
|
80
|
57
|
38
|
35
|
38
|
42
|
36
|
57
|
74
|
87
|
103
|
92
|
90
|
92
|
98
|
104
|
97
|
55
|
21
|
(4)
|
(6)
|
(258)
|
(239)
|
90
|
(157)
|
138
|
148
|
(186)
|
72
|
(162)
|
(153)
|
(132)
|
(116)
|
159
|
133
|
107
|
60
|
18
|
(40)
|
(76)
|
(96)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
4
|
5
|
4
|
2
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
2
|
3
|
3
|
3
|
1
|
0
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
(2)
|
(3)
|
0
|
(0)
|
2
|
(0)
|
|
| Net Income (Common) |
217
N/A
|
185
-15%
|
202
+9%
|
248
+23%
|
251
+1%
|
211
-16%
|
167
-21%
|
96
-42%
|
74
-23%
|
64
-13%
|
58
-9%
|
94
+60%
|
83
-11%
|
152
+82%
|
201
+32%
|
197
-2%
|
200
+1%
|
158
-21%
|
117
-26%
|
84
-28%
|
61
-27%
|
42
-32%
|
38
-10%
|
40
+5%
|
44
+10%
|
37
-16%
|
58
+57%
|
75
+29%
|
87
+17%
|
103
+18%
|
92
-11%
|
90
-2%
|
91
+2%
|
97
+6%
|
104
+7%
|
97
-6%
|
58
-41%
|
24
-59%
|
(1)
N/A
|
(4)
-500%
|
(257)
-7 042%
|
(239)
+7%
|
90
N/A
|
(157)
N/A
|
137
N/A
|
146
+7%
|
(187)
N/A
|
70
N/A
|
(163)
N/A
|
(152)
+6%
|
(132)
+14%
|
(116)
+12%
|
159
N/A
|
134
-16%
|
105
-21%
|
56
-46%
|
18
-68%
|
(41)
N/A
|
(74)
-82%
|
(97)
-31%
|
|
| EPS (Diluted) |
0.41
N/A
|
0.34
-17%
|
0.38
+12%
|
0.47
+24%
|
0.47
N/A
|
0.41
-13%
|
0.32
-22%
|
0.19
-41%
|
0.14
-26%
|
0.12
-14%
|
0.11
-8%
|
0.17
+55%
|
0.16
-6%
|
0.28
+75%
|
0.37
+32%
|
0.37
N/A
|
0.38
+3%
|
0.3
-21%
|
0.22
-27%
|
0.15
-32%
|
0.12
-20%
|
0.07
-42%
|
0.07
N/A
|
0.08
+14%
|
0.08
N/A
|
0.08
N/A
|
0.12
+50%
|
0.15
+25%
|
0.17
+13%
|
0.2
+18%
|
0.17
-15%
|
0.17
N/A
|
0.17
N/A
|
0.18
+6%
|
0.2
+11%
|
0.18
-10%
|
0.11
-39%
|
0.05
-55%
|
0
N/A
|
0
N/A
|
-0.49
N/A
|
-0.45
+8%
|
0.17
N/A
|
-0.29
N/A
|
0.26
N/A
|
0.28
+8%
|
-0.35
N/A
|
0.13
N/A
|
-0.31
N/A
|
-0.29
+6%
|
-0.25
+14%
|
-0.22
+12%
|
0.3
N/A
|
0.25
-17%
|
0.2
-20%
|
0.11
-45%
|
0.03
-73%
|
-0.08
N/A
|
-0.14
-75%
|
-0.18
-29%
|
|