Jiangxi Hengda Hi-Tech Co Ltd
SZSE:002591
Income Statement
Earnings Waterfall
Jiangxi Hengda Hi-Tech Co Ltd
Income Statement
Jiangxi Hengda Hi-Tech 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 |
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
6
|
0
|
0
|
1
|
3
|
0
|
0
|
3
|
5
|
5
|
7
|
7
|
7
|
7
|
6
|
6
|
5
|
5
|
5
|
4
|
3
|
4
|
4
|
5
|
5
|
6
|
6
|
6
|
7
|
6
|
6
|
5
|
4
|
4
|
0
|
0
|
|
| Revenue |
256
N/A
|
264
+3%
|
283
+7%
|
279
-1%
|
263
-6%
|
253
-4%
|
246
-3%
|
234
-5%
|
211
-10%
|
249
+18%
|
255
+2%
|
275
+8%
|
333
+21%
|
302
-9%
|
299
-1%
|
281
-6%
|
254
-9%
|
243
-4%
|
224
-8%
|
208
-7%
|
185
-11%
|
180
-3%
|
163
-10%
|
151
-8%
|
148
-2%
|
139
-6%
|
163
+17%
|
197
+21%
|
259
+32%
|
299
+15%
|
308
+3%
|
323
+5%
|
335
+4%
|
373
+11%
|
416
+12%
|
439
+5%
|
378
-14%
|
372
-2%
|
345
-7%
|
320
-7%
|
318
-1%
|
365
+15%
|
405
+11%
|
503
+24%
|
528
+5%
|
496
-6%
|
439
-11%
|
353
-20%
|
374
+6%
|
327
-13%
|
363
+11%
|
382
+5%
|
404
+6%
|
447
+11%
|
416
-7%
|
427
+3%
|
440
+3%
|
419
-5%
|
411
-2%
|
371
-10%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(157)
|
(163)
|
(177)
|
(174)
|
(166)
|
(162)
|
(160)
|
(156)
|
(145)
|
(179)
|
(185)
|
(203)
|
(253)
|
(223)
|
(223)
|
(208)
|
(179)
|
(178)
|
(165)
|
(156)
|
(142)
|
(139)
|
(123)
|
(111)
|
(108)
|
(104)
|
(115)
|
(119)
|
(156)
|
(171)
|
(174)
|
(193)
|
(169)
|
(192)
|
(211)
|
(216)
|
(184)
|
(200)
|
(187)
|
(186)
|
(214)
|
(272)
|
(322)
|
(421)
|
(420)
|
(406)
|
(367)
|
(293)
|
(320)
|
(267)
|
(295)
|
(318)
|
(345)
|
(398)
|
(377)
|
(383)
|
(388)
|
(368)
|
(365)
|
(329)
|
|
| Gross Profit |
99
N/A
|
102
+3%
|
105
+4%
|
105
-1%
|
98
-6%
|
92
-6%
|
87
-6%
|
77
-11%
|
66
-15%
|
70
+6%
|
70
-1%
|
72
+3%
|
79
+10%
|
79
-1%
|
76
-4%
|
73
-4%
|
76
+4%
|
65
-15%
|
60
-8%
|
52
-13%
|
43
-17%
|
41
-5%
|
40
-3%
|
39
-1%
|
39
+0%
|
35
-11%
|
48
+37%
|
78
+62%
|
104
+33%
|
128
+23%
|
134
+5%
|
130
-3%
|
166
+28%
|
181
+9%
|
205
+13%
|
223
+9%
|
195
-13%
|
172
-12%
|
159
-8%
|
134
-16%
|
104
-22%
|
93
-11%
|
84
-10%
|
82
-2%
|
109
+32%
|
90
-18%
|
72
-20%
|
60
-17%
|
54
-11%
|
59
+11%
|
68
+14%
|
64
-5%
|
59
-8%
|
49
-17%
|
39
-21%
|
44
+14%
|
52
+19%
|
51
-3%
|
46
-9%
|
42
-9%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(36)
|
(37)
|
(39)
|
(47)
|
(50)
|
(50)
|
(49)
|
(43)
|
(52)
|
(52)
|
(54)
|
(56)
|
(51)
|
(54)
|
(57)
|
(55)
|
(66)
|
(69)
|
(78)
|
(79)
|
(69)
|
(88)
|
(82)
|
(95)
|
(97)
|
(105)
|
(119)
|
(130)
|
(131)
|
(121)
|
(114)
|
(103)
|
(130)
|
(119)
|
(114)
|
(114)
|
(97)
|
(90)
|
(95)
|
(93)
|
(119)
|
(608)
|
(606)
|
(604)
|
(94)
|
(86)
|
(78)
|
(71)
|
(90)
|
(112)
|
(115)
|
(120)
|
(108)
|
(99)
|
(96)
|
(95)
|
(82)
|
(76)
|
(74)
|
(71)
|
|
| Selling, General & Administrative |
(34)
|
(36)
|
(37)
|
(40)
|
(43)
|
(42)
|
(42)
|
(40)
|
(41)
|
(43)
|
(42)
|
(40)
|
(43)
|
(41)
|
(43)
|
(43)
|
(54)
|
(47)
|
(50)
|
(58)
|
(48)
|
(67)
|
(67)
|
(65)
|
(80)
|
(78)
|
(93)
|
(106)
|
(114)
|
(101)
|
(94)
|
(85)
|
(108)
|
(77)
|
(74)
|
(69)
|
(72)
|
(72)
|
(74)
|
(78)
|
(93)
|
(94)
|
(93)
|
(94)
|
(70)
|
(72)
|
(67)
|
(63)
|
(73)
|
(78)
|
(82)
|
(84)
|
(85)
|
(92)
|
(91)
|
(88)
|
(70)
|
(68)
|
(68)
|
(67)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
(4)
|
(13)
|
(13)
|
(18)
|
(18)
|
(17)
|
(19)
|
(22)
|
(23)
|
(21)
|
(21)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(17)
|
(15)
|
(17)
|
(17)
|
(17)
|
(15)
|
(15)
|
(15)
|
(16)
|
(9)
|
(11)
|
(9)
|
(6)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(2)
|
(1)
|
(2)
|
(7)
|
(8)
|
(8)
|
(8)
|
(3)
|
(0)
|
(9)
|
(12)
|
(15)
|
3
|
(13)
|
(14)
|
(12)
|
1
|
(22)
|
(28)
|
(21)
|
1
|
(21)
|
(15)
|
(30)
|
1
|
(26)
|
(26)
|
(24)
|
3
|
(20)
|
(20)
|
(14)
|
2
|
(29)
|
(23)
|
(27)
|
2
|
1
|
1
|
7
|
2
|
(493)
|
(493)
|
(491)
|
6
|
6
|
7
|
9
|
9
|
(17)
|
(16)
|
(19)
|
4
|
8
|
9
|
9
|
6
|
4
|
3
|
1
|
|
| Operating Income |
63
N/A
|
64
+2%
|
66
+3%
|
58
-13%
|
47
-18%
|
42
-12%
|
37
-11%
|
34
-9%
|
14
-58%
|
18
+24%
|
16
-11%
|
17
+4%
|
28
+72%
|
25
-11%
|
19
-24%
|
18
-8%
|
10
-46%
|
(4)
N/A
|
(18)
-326%
|
(28)
-50%
|
(26)
+5%
|
(47)
-80%
|
(43)
+10%
|
(56)
-31%
|
(58)
-4%
|
(69)
-20%
|
(71)
-2%
|
(52)
+26%
|
(28)
+47%
|
6
N/A
|
20
+214%
|
26
+30%
|
36
+38%
|
63
+73%
|
91
+45%
|
109
+20%
|
97
-10%
|
82
-16%
|
64
-22%
|
41
-36%
|
(15)
N/A
|
(515)
-3 335%
|
(523)
-1%
|
(522)
+0%
|
15
N/A
|
4
-74%
|
(6)
N/A
|
(11)
-68%
|
(37)
-244%
|
(52)
-42%
|
(47)
+10%
|
(56)
-19%
|
(49)
+12%
|
(50)
-2%
|
(58)
-15%
|
(50)
+12%
|
(30)
+40%
|
(25)
+17%
|
(28)
-13%
|
(30)
-5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
2
|
5
|
7
|
10
|
10
|
9
|
7
|
9
|
8
|
2
|
4
|
2
|
(1)
|
(9)
|
5
|
(14)
|
(17)
|
(34)
|
(33)
|
(18)
|
(16)
|
(7)
|
50
|
51
|
54
|
(2)
|
15
|
16
|
14
|
1
|
(2)
|
(4)
|
(4)
|
(1)
|
(1)
|
0
|
(0)
|
(4)
|
(4)
|
(3)
|
(2)
|
2
|
0
|
(1)
|
(2)
|
(11)
|
(13)
|
(13)
|
(13)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
4
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
68
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(493)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(18)
|
1
|
1
|
1
|
12
|
12
|
36
|
40
|
27
|
28
|
3
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
(6)
|
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 |
13
|
8
|
7
|
8
|
10
|
10
|
12
|
11
|
7
|
6
|
7
|
5
|
6
|
6
|
4
|
5
|
4
|
4
|
3
|
13
|
10
|
11
|
11
|
4
|
7
|
8
|
14
|
11
|
11
|
9
|
3
|
3
|
1
|
2
|
2
|
1
|
2
|
1
|
0
|
1
|
2
|
4
|
5
|
5
|
2
|
(0)
|
(2)
|
(1)
|
1
|
(0)
|
2
|
1
|
2
|
1
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
|
| Pre-Tax Income |
70
N/A
|
71
+1%
|
72
+2%
|
67
-7%
|
62
-8%
|
59
-4%
|
59
-1%
|
55
-6%
|
30
-46%
|
31
+4%
|
32
+1%
|
30
-5%
|
37
+23%
|
35
-5%
|
25
-29%
|
22
-14%
|
5
-76%
|
4
-25%
|
(29)
N/A
|
(31)
-5%
|
(68)
-122%
|
(69)
-2%
|
(50)
+28%
|
(68)
-36%
|
9
N/A
|
(12)
N/A
|
(5)
+56%
|
13
N/A
|
4
-68%
|
30
+634%
|
39
+29%
|
43
+11%
|
37
-14%
|
63
+69%
|
89
+41%
|
106
+19%
|
98
-7%
|
82
-16%
|
64
-21%
|
41
-36%
|
(510)
N/A
|
(515)
-1%
|
(522)
-1%
|
(520)
+0%
|
18
N/A
|
3
-81%
|
(9)
N/A
|
(13)
-44%
|
(65)
-385%
|
(64)
+1%
|
(57)
+11%
|
(67)
-18%
|
(39)
+42%
|
(41)
-5%
|
(25)
+39%
|
(14)
+43%
|
(5)
+66%
|
0
N/A
|
(27)
N/A
|
(26)
+4%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(10)
|
(10)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(1)
|
0
|
3
|
3
|
0
|
(0)
|
(2)
|
1
|
(2)
|
(1)
|
(5)
|
(8)
|
(6)
|
(8)
|
(6)
|
(6)
|
(7)
|
(10)
|
(13)
|
(15)
|
(17)
|
(15)
|
(12)
|
(8)
|
(5)
|
(4)
|
(3)
|
(3)
|
(1)
|
1
|
2
|
2
|
1
|
1
|
(0)
|
(0)
|
(2)
|
(2)
|
(5)
|
(5)
|
(7)
|
(6)
|
(2)
|
(3)
|
|
| Income from Continuing Operations |
59
|
60
|
61
|
57
|
53
|
51
|
50
|
47
|
25
|
27
|
28
|
26
|
32
|
30
|
21
|
19
|
4
|
4
|
(26)
|
(28)
|
(68)
|
(70)
|
(51)
|
(67)
|
7
|
(13)
|
(10)
|
4
|
(1)
|
22
|
33
|
38
|
31
|
53
|
76
|
91
|
81
|
68
|
52
|
33
|
(514)
|
(519)
|
(525)
|
(523)
|
18
|
4
|
(7)
|
(11)
|
(63)
|
(63)
|
(57)
|
(67)
|
(41)
|
(43)
|
(31)
|
(19)
|
(12)
|
(5)
|
(29)
|
(28)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
3
|
4
|
7
|
10
|
13
|
15
|
16
|
13
|
9
|
7
|
4
|
4
|
4
|
4
|
4
|
4
|
3
|
2
|
6
|
6
|
5
|
5
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Net Income (Common) |
59
N/A
|
60
+1%
|
61
+2%
|
57
-7%
|
53
-8%
|
51
-4%
|
50
0%
|
47
-7%
|
25
-46%
|
27
+5%
|
28
+3%
|
26
-6%
|
32
+22%
|
30
-5%
|
21
-29%
|
19
-11%
|
5
-75%
|
5
+13%
|
(25)
N/A
|
(26)
-4%
|
(67)
-159%
|
(67)
-1%
|
(48)
+28%
|
(63)
-31%
|
14
N/A
|
(3)
N/A
|
4
N/A
|
20
+430%
|
15
-25%
|
35
+136%
|
42
+21%
|
44
+6%
|
35
-21%
|
57
+62%
|
79
+40%
|
95
+19%
|
85
-11%
|
71
-16%
|
56
-22%
|
35
-37%
|
(509)
N/A
|
(513)
-1%
|
(519)
-1%
|
(518)
+0%
|
18
N/A
|
5
-72%
|
(7)
N/A
|
(10)
-61%
|
(62)
-495%
|
(62)
+1%
|
(56)
+9%
|
(66)
-18%
|
(41)
+39%
|
(43)
-5%
|
(30)
+30%
|
(18)
+38%
|
(11)
+43%
|
(4)
+59%
|
(28)
-538%
|
(27)
+3%
|
|
| EPS (Diluted) |
0.23
N/A
|
0.24
+4%
|
0.24
N/A
|
0.22
-8%
|
0.2
-9%
|
0.19
-5%
|
0.19
N/A
|
0.18
-5%
|
0.1
-44%
|
0.1
N/A
|
0.11
+10%
|
0.1
-9%
|
0.12
+20%
|
0.12
N/A
|
0.08
-33%
|
0.07
-12%
|
0.02
-71%
|
0.02
N/A
|
-0.09
N/A
|
-0.09
N/A
|
-0.26
-189%
|
-0.25
+4%
|
-0.18
+28%
|
-0.24
-33%
|
0.05
N/A
|
-0.01
N/A
|
0.01
N/A
|
0.07
+600%
|
0.05
-29%
|
0.1
+100%
|
0.13
+30%
|
0.14
+8%
|
0.11
-21%
|
0.19
+73%
|
0.26
+37%
|
0.31
+19%
|
0.28
-10%
|
0.23
-18%
|
0.18
-22%
|
0.11
-39%
|
-1.66
N/A
|
-1.68
-1%
|
-1.7
-1%
|
-1.77
-4%
|
0.06
N/A
|
0.02
-67%
|
-0.02
N/A
|
-0.03
-50%
|
-0.21
-600%
|
-0.21
N/A
|
-0.19
+10%
|
-0.22
-16%
|
-0.14
+36%
|
-0.14
N/A
|
-0.1
+29%
|
-0.06
+40%
|
-0.04
+33%
|
-0.01
+75%
|
-0.09
-800%
|
-0.09
N/A
|
|