C

CEC Environmental Protection Co Ltd
SZSE:300172

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CEC Environmental Protection Co Ltd
SZSE:300172
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Price: 5.71 CNY -2.89% Market Closed
Market Cap: 3.9B CNY
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CEC Environmental Protection Co Ltd?
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Income Statement

Earnings Waterfall
CEC Environmental Protection Co Ltd

Revenue
803.1m CNY
Cost of Revenue
-605.2m CNY
Gross Profit
197.9m CNY
Operating Expenses
-150.9m CNY
Operating Income
47m CNY
Other Expenses
10.2m CNY
Net Income
57.2m CNY

Income Statement
CEC Environmental Protection 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
568
N/A
574
+1%
607
+6%
623
+3%
625
+0%
622
0%
608
-2%
633
+4%
639
+1%
672
+5%
648
-3%
672
+4%
675
+0%
666
-1%
680
+2%
683
+0%
756
+11%
821
+9%
798
-3%
802
+0%
751
-6%
820
+9%
907
+11%
908
+0%
945
+4%
871
-8%
920
+6%
937
+2%
932
-1%
921
-1%
874
-5%
1 011
+16%
1 090
+8%
1 107
+2%
1 023
-8%
993
-3%
955
-4%
966
+1%
1 006
+4%
945
-6%
803
-15%
Gross Profit
Cost of Revenue
(414)
(418)
(436)
(447)
(437)
(433)
(415)
(440)
(433)
(453)
(432)
(456)
(467)
(466)
(471)
(470)
(516)
(550)
(531)
(535)
(504)
(569)
(638)
(647)
(673)
(614)
(614)
(639)
(636)
(632)
(630)
(761)
(838)
(868)
(775)
(742)
(707)
(701)
(760)
(703)
(605)
Gross Profit
154
N/A
156
+2%
171
+9%
176
+3%
188
+7%
189
+0%
193
+2%
193
0%
205
+7%
219
+6%
217
-1%
216
0%
208
-3%
201
-4%
210
+5%
213
+1%
240
+13%
271
+13%
267
-1%
267
0%
247
-7%
250
+1%
269
+8%
261
-3%
272
+4%
257
-6%
306
+19%
298
-3%
296
-1%
288
-2%
244
-15%
250
+2%
252
+1%
238
-5%
249
+4%
251
+1%
248
-1%
265
+7%
246
-7%
242
-2%
198
-18%
Operating Income
Operating Expenses
(85)
(83)
(90)
(90)
(91)
(93)
(99)
(96)
(105)
(107)
(114)
(114)
(106)
(104)
(104)
(103)
(119)
(140)
(150)
(153)
(142)
(136)
(125)
(118)
(118)
(107)
(118)
(107)
(118)
(127)
(139)
(142)
(135)
(125)
(136)
(176)
(174)
(191)
(148)
(160)
(151)
Selling, General & Administrative
(77)
(77)
(56)
(81)
(81)
(81)
(67)
(80)
(82)
(85)
(74)
(95)
(84)
(77)
(70)
(68)
(72)
(85)
(112)
(95)
(112)
(110)
(99)
(98)
(95)
(90)
(102)
(99)
(108)
(110)
(110)
(115)
(108)
(96)
(100)
(106)
(109)
(129)
(117)
(96)
(83)
Research & Development
0
0
(25)
0
0
0
(23)
0
0
0
(30)
0
0
(8)
(30)
0
0
(17)
(35)
(32)
(40)
(41)
(42)
(39)
(37)
(35)
(34)
(36)
(40)
(41)
(36)
(42)
(40)
(44)
(44)
(46)
(46)
(41)
(37)
(40)
(41)
Depreciation & Amortization
0
0
(8)
0
0
0
(9)
0
0
0
(9)
0
0
0
(7)
0
0
0
(11)
0
0
0
(10)
0
0
0
(9)
0
0
0
(10)
0
0
0
(11)
0
0
0
(9)
0
0
Other Operating Expenses
(8)
(6)
(0)
(9)
(10)
(12)
(1)
(16)
(24)
(22)
(0)
(18)
(22)
(19)
4
(35)
(47)
(37)
8
(27)
11
15
27
19
14
18
27
29
30
25
17
15
13
16
19
(25)
(19)
(21)
15
(24)
(27)
Operating Income
69
N/A
73
+7%
81
+11%
86
+6%
97
+13%
96
-1%
94
-2%
97
+2%
100
+4%
112
+12%
103
-8%
102
-1%
103
+1%
97
-6%
106
+10%
109
+3%
122
+11%
132
+8%
117
-11%
114
-3%
106
-7%
115
+8%
144
+26%
143
-1%
154
+8%
150
-3%
188
+25%
191
+2%
178
-7%
161
-9%
105
-35%
108
+3%
117
+8%
113
-3%
112
-1%
74
-34%
74
+0%
74
0%
98
+33%
82
-17%
47
-42%
Pre-Tax Income
Interest Income Expense
10
10
11
10
10
11
11
10
12
11
12
13
12
13
15
17
18
17
17
17
19
20
21
21
20
20
11
11
11
5
13
12
13
19
16
18
18
18
24
22
22
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
1
1
0
1
(0)
(0)
(0)
(0)
(0)
(0)
0
0
0
(43)
(0)
(0)
(0)
(26)
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
0
Total Other Income
8
8
9
9
7
14
14
16
17
12
19
20
29
28
22
20
11
15
8
12
22
15
(2)
6
(6)
(5)
1
1
(0)
(0)
(0)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
Pre-Tax Income
87
N/A
91
+6%
101
+10%
105
+4%
115
+9%
121
+6%
120
-2%
122
+2%
129
+6%
135
+5%
134
-1%
135
+1%
144
+6%
138
-4%
144
+4%
146
+2%
150
+3%
164
+9%
143
-13%
143
+0%
146
+2%
150
+2%
164
+10%
170
+3%
169
0%
165
-3%
199
+21%
203
+2%
188
-7%
166
-12%
118
-29%
120
+1%
129
+8%
132
+2%
86
-35%
92
+7%
92
+0%
92
+0%
96
+4%
103
+8%
68
-34%
Net Income
Tax Provision
(12)
(13)
(14)
(14)
(15)
(16)
(16)
(16)
(17)
(17)
(17)
(17)
(18)
(18)
(20)
(20)
(20)
(21)
(17)
(16)
(17)
(19)
(19)
(20)
(20)
(17)
(21)
(23)
(21)
(15)
(11)
(12)
(13)
(14)
(16)
(17)
(15)
(16)
(15)
(17)
(11)
Income from Continuing Operations
75
79
87
91
99
105
104
106
113
118
117
118
126
121
124
126
131
143
126
127
129
131
145
150
150
148
178
180
167
151
107
108
116
118
70
75
77
76
80
86
57
Income to Minority Interest
(0)
(1)
(4)
(5)
(6)
(6)
(3)
(3)
(4)
(5)
(8)
(9)
(7)
(6)
(5)
(5)
(4)
(6)
(4)
(4)
(5)
(5)
(2)
(3)
(2)
1
(1)
(1)
(1)
(1)
(1)
1
2
1
7
6
8
10
6
2
0
Net Income (Common)
74
N/A
77
+4%
83
+8%
86
+3%
93
+8%
100
+7%
101
+1%
104
+3%
108
+5%
113
+5%
109
-4%
110
+1%
119
+9%
115
-4%
118
+3%
121
+2%
126
+4%
137
+9%
122
-11%
123
+1%
124
+1%
125
+1%
143
+14%
147
+3%
147
+0%
148
+1%
177
+19%
179
+1%
167
-7%
150
-10%
107
-29%
109
+3%
118
+8%
119
+1%
76
-36%
81
+7%
85
+4%
86
+1%
86
0%
88
+3%
57
-35%
EPS (Diluted)
0.12
N/A
0.12
N/A
0.13
+8%
0.13
N/A
0.14
+8%
0.15
+7%
0.15
N/A
0.16
+7%
0.17
+6%
0.18
+6%
0.17
-6%
0.17
N/A
0.18
+6%
0.17
-6%
0.18
+6%
0.18
N/A
0.19
+6%
0.21
+11%
0.19
-10%
0.19
N/A
0.18
-5%
0.18
N/A
0.22
+22%
0.21
-5%
0.22
+5%
0.22
N/A
0.26
+18%
0.26
N/A
0.38
+46%
0.22
-42%
0.16
-27%
0.16
N/A
0.17
+6%
0.18
+6%
0.11
-39%
0.12
+9%
0.13
+8%
0.13
N/A
0.13
N/A
0.13
N/A
0.08
-38%

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