Guilin Seamild Foods Co Ltd
SZSE:002956
Income Statement
Earnings Waterfall
Guilin Seamild Foods Co Ltd
Income Statement
Guilin Seamild Foods Co Ltd
| 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 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
0
|
0
|
|
| Revenue |
851
N/A
|
881
+4%
|
899
+2%
|
933
+4%
|
973
+4%
|
895
-8%
|
964
+8%
|
1 000
+4%
|
1 025
+2%
|
1 133
+11%
|
1 141
+1%
|
1 132
-1%
|
1 154
+2%
|
1 205
+4%
|
1 234
+2%
|
1 295
+5%
|
1 327
+3%
|
1 364
+3%
|
1 396
+2%
|
1 497
+7%
|
840
-44%
|
867
+3%
|
1 896
+119%
|
1 986
+5%
|
2 072
+4%
|
2 159
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||
| Cost of Revenue |
(326)
|
(353)
|
(359)
|
(384)
|
(407)
|
(392)
|
(434)
|
(456)
|
(528)
|
(601)
|
(634)
|
(653)
|
(615)
|
(673)
|
(694)
|
(736)
|
(755)
|
(798)
|
(811)
|
(858)
|
(480)
|
(512)
|
(1 112)
|
(1 180)
|
(1 219)
|
(1 263)
|
|
| Gross Profit |
525
N/A
|
528
+1%
|
540
+2%
|
549
+2%
|
566
+3%
|
503
-11%
|
529
+5%
|
544
+3%
|
497
-9%
|
532
+7%
|
507
-5%
|
479
-5%
|
539
+12%
|
533
-1%
|
540
+1%
|
559
+4%
|
572
+2%
|
567
-1%
|
585
+3%
|
639
+9%
|
359
-44%
|
355
-1%
|
784
+120%
|
807
+3%
|
853
+6%
|
896
+5%
|
|
| Operating Income | |||||||||||||||||||||||||||
| Operating Expenses |
(380)
|
(376)
|
(387)
|
(398)
|
(404)
|
(363)
|
(370)
|
(395)
|
(370)
|
(383)
|
(375)
|
(356)
|
(442)
|
(465)
|
(489)
|
(500)
|
(482)
|
(461)
|
(470)
|
(528)
|
(312)
|
(287)
|
(647)
|
(656)
|
(693)
|
(728)
|
|
| Selling, General & Administrative |
(374)
|
(378)
|
(387)
|
(397)
|
(403)
|
(366)
|
(374)
|
(400)
|
(367)
|
(386)
|
(385)
|
(363)
|
(432)
|
(470)
|
(496)
|
(508)
|
(469)
|
(470)
|
(471)
|
(527)
|
(309)
|
(303)
|
(644)
|
(670)
|
(707)
|
(723)
|
|
| Research & Development |
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(7)
|
(7)
|
(4)
|
(5)
|
(8)
|
(9)
|
(9)
|
(10)
|
|
| Depreciation & Amortization |
(6)
|
(1)
|
(3)
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
3
|
6
|
6
|
3
|
10
|
9
|
9
|
10
|
10
|
9
|
16
|
13
|
10
|
10
|
12
|
12
|
14
|
15
|
7
|
7
|
1
|
21
|
25
|
23
|
24
|
5
|
|
| Operating Income |
145
N/A
|
153
+5%
|
153
N/A
|
151
-1%
|
162
+7%
|
140
-14%
|
159
+13%
|
148
-7%
|
127
-14%
|
149
+18%
|
132
-12%
|
124
-6%
|
96
-22%
|
68
-29%
|
51
-25%
|
59
+15%
|
91
+54%
|
105
+16%
|
115
+9%
|
111
-4%
|
48
-57%
|
69
+45%
|
137
+99%
|
150
+10%
|
160
+6%
|
167
+5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||
| Interest Income Expense |
11
|
12
|
11
|
17
|
22
|
32
|
36
|
34
|
30
|
27
|
22
|
22
|
22
|
21
|
28
|
36
|
33
|
34
|
31
|
23
|
11
|
8
|
21
|
19
|
17
|
16
|
|
| 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
|
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
|
|
| Total Other Income |
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
1
|
0
|
(1)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
156
N/A
|
164
+5%
|
164
0%
|
168
+3%
|
185
+10%
|
171
-7%
|
194
+13%
|
182
-6%
|
156
-14%
|
176
+13%
|
154
-13%
|
146
-6%
|
118
-19%
|
88
-25%
|
78
-12%
|
93
+20%
|
123
+32%
|
139
+13%
|
146
+5%
|
134
-9%
|
58
-57%
|
77
+34%
|
157
+104%
|
168
+6%
|
175
+5%
|
182
+4%
|
|
| Net Income | |||||||||||||||||||||||||||
| Tax Provision |
(19)
|
(19)
|
(20)
|
(20)
|
(27)
|
(27)
|
(33)
|
(35)
|
(24)
|
(26)
|
(22)
|
(17)
|
(14)
|
(9)
|
(7)
|
(12)
|
(14)
|
(19)
|
(19)
|
(17)
|
(9)
|
(14)
|
(24)
|
(25)
|
(27)
|
(25)
|
|
| Income from Continuing Operations |
137
|
145
|
144
|
149
|
157
|
144
|
162
|
147
|
132
|
150
|
133
|
128
|
104
|
80
|
71
|
81
|
109
|
120
|
128
|
117
|
49
|
64
|
133
|
142
|
148
|
157
|
|
| 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)
|
|
| Net Income (Common) |
137
N/A
|
145
+6%
|
144
-1%
|
149
+3%
|
157
+6%
|
144
-8%
|
162
+12%
|
147
-9%
|
132
-10%
|
150
+14%
|
133
-12%
|
128
-3%
|
104
-19%
|
80
-24%
|
71
-11%
|
81
+14%
|
109
+34%
|
120
+10%
|
128
+7%
|
117
-9%
|
49
-58%
|
63
+30%
|
133
+110%
|
143
+7%
|
148
+4%
|
157
+6%
|
|
| EPS (Diluted) |
1.14
N/A
|
1.2
+5%
|
0.89
-26%
|
0.93
+4%
|
1.13
+22%
|
0.91
-19%
|
1.02
+12%
|
0.92
-10%
|
0.83
-10%
|
0.94
+13%
|
0.59
-37%
|
0.57
-3%
|
0.47
-18%
|
0.36
-23%
|
0.32
-11%
|
0.36
+12%
|
0.49
+36%
|
0.54
+10%
|
0.57
+6%
|
0.52
-9%
|
0.21
-60%
|
0.29
+38%
|
0.6
+107%
|
0.64
+7%
|
0.67
+5%
|
0.7
+4%
|
|