Wuxi Honghui New Materials Technology Co Ltd
SZSE:002802
Income Statement
Earnings Waterfall
Wuxi Honghui New Materials Technology Co Ltd
Income Statement
Wuxi Honghui New Materials Technology Co Ltd
| 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
|
1
|
1
|
0
|
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
|
0
|
0
|
0
|
|
| Revenue |
293
N/A
|
294
+1%
|
295
+0%
|
303
+3%
|
315
+4%
|
324
+3%
|
344
+6%
|
369
+7%
|
389
+5%
|
424
+9%
|
465
+10%
|
499
+7%
|
518
+4%
|
538
+4%
|
544
+1%
|
531
-2%
|
538
+1%
|
504
-6%
|
471
-7%
|
510
+8%
|
545
+7%
|
616
+13%
|
704
+14%
|
736
+5%
|
749
+2%
|
726
-3%
|
692
-5%
|
610
-12%
|
516
-15%
|
454
-12%
|
383
-16%
|
360
-6%
|
373
+3%
|
360
-3%
|
402
+12%
|
446
+11%
|
456
+2%
|
480
+5%
|
442
-8%
|
409
-7%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(203)
|
(201)
|
(200)
|
(207)
|
(218)
|
(232)
|
(246)
|
(265)
|
(275)
|
(306)
|
(340)
|
(370)
|
(380)
|
(396)
|
(394)
|
(378)
|
(374)
|
(351)
|
(319)
|
(340)
|
(381)
|
(451)
|
(541)
|
(589)
|
(584)
|
(562)
|
(522)
|
(443)
|
(360)
|
(316)
|
(260)
|
(247)
|
(253)
|
(252)
|
(282)
|
(314)
|
(322)
|
(342)
|
(323)
|
(303)
|
|
| Gross Profit |
90
N/A
|
93
+4%
|
95
+2%
|
96
+1%
|
97
+1%
|
92
-5%
|
98
+6%
|
104
+6%
|
114
+10%
|
118
+4%
|
124
+5%
|
129
+4%
|
138
+8%
|
142
+3%
|
150
+5%
|
153
+2%
|
164
+7%
|
153
-7%
|
152
-1%
|
170
+12%
|
164
-3%
|
166
+1%
|
163
-1%
|
147
-10%
|
165
+12%
|
164
-1%
|
170
+4%
|
167
-2%
|
156
-6%
|
139
-11%
|
123
-11%
|
113
-8%
|
120
+5%
|
108
-10%
|
120
+12%
|
132
+10%
|
133
+0%
|
138
+4%
|
119
-14%
|
106
-11%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(39)
|
(42)
|
(44)
|
(41)
|
(40)
|
(40)
|
(40)
|
(44)
|
(39)
|
(49)
|
(50)
|
(53)
|
(56)
|
(67)
|
(71)
|
(70)
|
(61)
|
(57)
|
(59)
|
(63)
|
(60)
|
(58)
|
(55)
|
(55)
|
(69)
|
(68)
|
(73)
|
(72)
|
(70)
|
(59)
|
(57)
|
(53)
|
(71)
|
(68)
|
(71)
|
(76)
|
(73)
|
(68)
|
(62)
|
(57)
|
|
| Selling, General & Administrative |
(26)
|
(36)
|
(37)
|
(37)
|
(28)
|
(35)
|
(40)
|
(41)
|
(29)
|
(40)
|
(41)
|
(43)
|
(38)
|
(48)
|
(45)
|
(45)
|
(40)
|
(38)
|
(38)
|
(42)
|
(34)
|
(38)
|
(36)
|
(34)
|
(37)
|
(42)
|
(45)
|
(46)
|
(35)
|
(34)
|
(33)
|
(29)
|
(40)
|
(44)
|
(48)
|
(52)
|
(42)
|
(46)
|
(43)
|
(41)
|
|
| Research & Development |
(10)
|
(4)
|
(5)
|
0
|
(12)
|
0
|
0
|
(3)
|
(17)
|
0
|
0
|
(13)
|
(23)
|
(21)
|
(29)
|
(28)
|
(18)
|
(22)
|
(23)
|
(23)
|
(18)
|
(24)
|
(22)
|
(24)
|
(22)
|
(29)
|
(30)
|
(29)
|
(24)
|
(28)
|
(27)
|
(26)
|
(23)
|
(27)
|
(27)
|
(28)
|
(22)
|
(24)
|
(22)
|
(19)
|
|
| Depreciation & Amortization |
(3)
|
(1)
|
(1)
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(0)
|
(0)
|
(0)
|
(4)
|
3
|
(5)
|
(0)
|
(1)
|
11
|
(9)
|
(9)
|
3
|
11
|
2
|
2
|
3
|
8
|
3
|
2
|
3
|
3
|
3
|
4
|
3
|
3
|
2
|
2
|
2
|
2
|
4
|
3
|
3
|
4
|
3
|
4
|
4
|
3
|
3
|
3
|
2
|
|
| Operating Income |
51
N/A
|
51
+1%
|
51
-1%
|
55
+7%
|
57
+4%
|
52
-8%
|
58
+10%
|
60
+3%
|
74
+24%
|
69
-7%
|
75
+8%
|
76
+1%
|
82
+9%
|
75
-9%
|
79
+5%
|
83
+5%
|
103
+24%
|
96
-7%
|
93
-2%
|
107
+14%
|
104
-2%
|
107
+3%
|
109
+2%
|
92
-15%
|
96
+5%
|
96
0%
|
97
+1%
|
94
-2%
|
87
-8%
|
80
-8%
|
66
-17%
|
61
-8%
|
48
-20%
|
40
-17%
|
49
+24%
|
57
+15%
|
60
+6%
|
70
+17%
|
57
-19%
|
49
-14%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
1
|
2
|
3
|
2
|
7
|
8
|
7
|
(1)
|
8
|
10
|
11
|
2
|
10
|
10
|
9
|
1
|
8
|
7
|
5
|
5
|
4
|
3
|
4
|
4
|
4
|
7
|
10
|
11
|
11
|
11
|
9
|
10
|
10
|
9
|
9
|
9
|
8
|
7
|
7
|
|
| Non-Reccuring Items |
(0)
|
3
|
3
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
3
|
2
|
0
|
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
|
|
| Total Other Income |
1
|
1
|
2
|
3
|
2
|
3
|
11
|
12
|
10
|
9
|
(1)
|
(2)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
|
| Pre-Tax Income |
53
N/A
|
57
+7%
|
58
+2%
|
60
+4%
|
61
+2%
|
62
+2%
|
77
+23%
|
79
+3%
|
84
+6%
|
86
+3%
|
84
-2%
|
85
+1%
|
84
-1%
|
85
+1%
|
88
+4%
|
92
+4%
|
103
+13%
|
102
-1%
|
98
-4%
|
111
+13%
|
108
-3%
|
110
+2%
|
111
+1%
|
95
-15%
|
99
+5%
|
98
-1%
|
102
+4%
|
102
+1%
|
97
-5%
|
90
-7%
|
76
-15%
|
70
-8%
|
61
-13%
|
53
-13%
|
62
+17%
|
67
+9%
|
69
+2%
|
78
+13%
|
63
-19%
|
55
-13%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(15)
|
(15)
|
(14)
|
(16)
|
(16)
|
(16)
|
(16)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(12)
|
(11)
|
(8)
|
(9)
|
(10)
|
(9)
|
(10)
|
(10)
|
(9)
|
(11)
|
(10)
|
(9)
|
|
| Income from Continuing Operations |
45
|
49
|
49
|
51
|
53
|
54
|
66
|
68
|
72
|
74
|
73
|
73
|
73
|
74
|
77
|
80
|
88
|
87
|
84
|
95
|
92
|
94
|
95
|
82
|
86
|
85
|
88
|
89
|
85
|
79
|
68
|
61
|
51
|
44
|
52
|
57
|
59
|
67
|
54
|
46
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
45
N/A
|
49
+7%
|
49
+2%
|
51
+3%
|
53
+3%
|
54
+2%
|
66
+23%
|
68
+3%
|
72
+6%
|
74
+3%
|
73
-2%
|
73
+1%
|
73
+0%
|
74
+1%
|
77
+4%
|
80
+4%
|
88
+11%
|
87
-1%
|
84
-4%
|
95
+13%
|
92
-3%
|
94
+3%
|
95
+1%
|
82
-14%
|
86
+5%
|
85
-1%
|
88
+3%
|
89
+1%
|
85
-5%
|
79
-6%
|
68
-14%
|
61
-10%
|
51
-17%
|
44
-13%
|
52
+17%
|
57
+11%
|
59
+4%
|
67
+13%
|
54
-20%
|
46
-14%
|
|
| EPS (Diluted) |
0.56
N/A
|
0.6
+7%
|
0.45
-25%
|
0.57
+27%
|
0.49
-14%
|
0.49
N/A
|
0.6
+22%
|
0.62
+3%
|
0.67
+8%
|
0.68
+1%
|
0.67
-1%
|
0.68
+1%
|
0.68
N/A
|
0.68
N/A
|
0.7
+3%
|
0.72
+3%
|
0.82
+14%
|
0.81
-1%
|
0.79
-2%
|
0.89
+13%
|
0.87
-2%
|
0.9
+3%
|
0.67
-26%
|
0.57
-15%
|
0.48
-16%
|
0.62
+29%
|
0.65
+5%
|
0.47
-28%
|
0.47
N/A
|
0.43
-9%
|
0.61
+42%
|
0.33
-46%
|
0.28
-15%
|
0.24
-14%
|
0.29
+21%
|
0.32
+10%
|
0.33
+3%
|
0.37
+12%
|
0.3
-19%
|
0.25
-17%
|
|