Shandong Ruifeng Chemical Co Ltd
SZSE:300243
Income Statement
Earnings Waterfall
Shandong Ruifeng Chemical Co Ltd
Income Statement
Shandong Ruifeng Chemical 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 |
6
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
45
|
0
|
0
|
3
|
13
|
10
|
13
|
14
|
13
|
14
|
16
|
14
|
11
|
14
|
11
|
11
|
12
|
11
|
14
|
17
|
21
|
20
|
18
|
22
|
21
|
21
|
24
|
20
|
23
|
28
|
32
|
38
|
42
|
44
|
0
|
0
|
|
| Revenue |
558
N/A
|
613
+10%
|
696
+13%
|
750
+8%
|
766
+2%
|
788
+3%
|
775
-2%
|
777
+0%
|
753
-3%
|
735
-2%
|
716
-3%
|
720
+1%
|
759
+5%
|
762
+0%
|
793
+4%
|
852
+7%
|
846
-1%
|
860
+2%
|
848
-1%
|
811
-4%
|
805
-1%
|
811
+1%
|
815
+1%
|
822
+1%
|
874
+6%
|
935
+7%
|
1 001
+7%
|
1 055
+5%
|
1 096
+4%
|
1 138
+4%
|
1 300
+14%
|
1 369
+5%
|
1 445
+6%
|
1 473
+2%
|
1 311
-11%
|
1 261
-4%
|
1 213
-4%
|
1 098
-10%
|
1 127
+3%
|
1 185
+5%
|
1 302
+10%
|
1 495
+15%
|
1 700
+14%
|
1 788
+5%
|
1 858
+4%
|
1 962
+6%
|
1 887
-4%
|
1 856
-2%
|
1 832
-1%
|
1 741
-5%
|
1 719
-1%
|
1 790
+4%
|
1 776
-1%
|
1 853
+4%
|
1 918
+4%
|
1 929
+1%
|
2 001
+4%
|
1 987
-1%
|
2 026
+2%
|
2 001
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(459)
|
(505)
|
(575)
|
(622)
|
(633)
|
(647)
|
(623)
|
(618)
|
(603)
|
(594)
|
(587)
|
(589)
|
(599)
|
(602)
|
(627)
|
(679)
|
(664)
|
(667)
|
(651)
|
(617)
|
(597)
|
(592)
|
(589)
|
(586)
|
(644)
|
(728)
|
(806)
|
(860)
|
(892)
|
(915)
|
(1 030)
|
(1 075)
|
(1 105)
|
(1 135)
|
(996)
|
(961)
|
(920)
|
(839)
|
(860)
|
(891)
|
(1 020)
|
(1 196)
|
(1 381)
|
(1 491)
|
(1 516)
|
(1 609)
|
(1 545)
|
(1 531)
|
(1 523)
|
(1 460)
|
(1 448)
|
(1 485)
|
(1 454)
|
(1 546)
|
(1 622)
|
(1 639)
|
(1 708)
|
(1 705)
|
(1 739)
|
(1 714)
|
|
| Gross Profit |
99
N/A
|
108
+10%
|
120
+11%
|
129
+7%
|
133
+3%
|
142
+7%
|
153
+8%
|
159
+4%
|
150
-5%
|
142
-6%
|
129
-9%
|
131
+1%
|
160
+22%
|
159
0%
|
166
+4%
|
174
+4%
|
181
+5%
|
193
+6%
|
197
+2%
|
194
-2%
|
208
+8%
|
219
+5%
|
226
+3%
|
236
+4%
|
230
-3%
|
207
-10%
|
195
-6%
|
194
0%
|
204
+5%
|
223
+10%
|
271
+21%
|
293
+8%
|
340
+16%
|
338
-1%
|
315
-7%
|
301
-5%
|
294
-2%
|
259
-12%
|
267
+3%
|
294
+10%
|
282
-4%
|
300
+6%
|
320
+7%
|
298
-7%
|
342
+15%
|
353
+3%
|
342
-3%
|
324
-5%
|
308
-5%
|
281
-9%
|
271
-3%
|
305
+12%
|
322
+6%
|
307
-5%
|
296
-4%
|
291
-2%
|
293
+1%
|
282
-4%
|
288
+2%
|
287
0%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(46)
|
(53)
|
(58)
|
(63)
|
(75)
|
(82)
|
(99)
|
(108)
|
(100)
|
(95)
|
(87)
|
(83)
|
(111)
|
(109)
|
(112)
|
(116)
|
(119)
|
(127)
|
(127)
|
(126)
|
(135)
|
(132)
|
(138)
|
(146)
|
(159)
|
(155)
|
(152)
|
(155)
|
(134)
|
(149)
|
(168)
|
(170)
|
(217)
|
(212)
|
(206)
|
(206)
|
(184)
|
(165)
|
(175)
|
(183)
|
(165)
|
(162)
|
(151)
|
(147)
|
(194)
|
(201)
|
(213)
|
(223)
|
(237)
|
(223)
|
(224)
|
(219)
|
(213)
|
(206)
|
(195)
|
(194)
|
(213)
|
(218)
|
(222)
|
(223)
|
|
| Selling, General & Administrative |
(45)
|
(51)
|
(54)
|
(59)
|
(74)
|
(79)
|
(98)
|
(107)
|
(97)
|
(92)
|
(83)
|
(79)
|
(106)
|
(105)
|
(108)
|
(107)
|
(114)
|
(118)
|
(119)
|
(121)
|
(124)
|
(129)
|
(135)
|
(139)
|
(141)
|
(137)
|
(133)
|
(134)
|
(119)
|
(133)
|
(153)
|
(162)
|
(200)
|
(212)
|
(205)
|
(204)
|
(174)
|
(167)
|
(181)
|
(190)
|
(160)
|
(167)
|
(153)
|
(148)
|
(178)
|
(201)
|
(212)
|
(222)
|
(213)
|
(218)
|
(210)
|
(205)
|
(191)
|
(201)
|
(198)
|
(194)
|
(170)
|
(203)
|
(207)
|
(212)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(0)
|
(4)
|
(4)
|
(6)
|
(8)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(6)
|
0
|
(5)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(7)
|
(11)
|
(11)
|
(13)
|
(15)
|
(11)
|
(14)
|
(7)
|
(9)
|
(9)
|
(7)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(1)
|
(2)
|
(3)
|
(4)
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
(4)
|
(4)
|
(4)
|
(0)
|
(4)
|
(4)
|
(8)
|
(1)
|
(9)
|
(9)
|
(6)
|
(1)
|
(4)
|
(3)
|
(7)
|
(1)
|
(19)
|
(19)
|
(21)
|
2
|
(16)
|
(16)
|
(8)
|
1
|
4
|
5
|
6
|
8
|
7
|
11
|
11
|
9
|
11
|
2
|
6
|
2
|
4
|
4
|
4
|
0
|
1
|
(2)
|
(3)
|
12
|
10
|
14
|
13
|
7
|
(7)
|
(5)
|
(4)
|
|
| Operating Income |
53
N/A
|
56
+6%
|
63
+13%
|
66
+4%
|
58
-12%
|
60
+3%
|
53
-10%
|
51
-4%
|
50
-2%
|
46
-8%
|
42
-9%
|
48
+14%
|
49
+2%
|
50
+3%
|
55
+9%
|
58
+6%
|
62
+7%
|
66
+5%
|
70
+7%
|
68
-3%
|
74
+9%
|
87
+18%
|
88
+1%
|
91
+3%
|
70
-22%
|
52
-26%
|
43
-17%
|
40
-9%
|
70
+76%
|
74
+6%
|
103
+39%
|
123
+20%
|
123
N/A
|
126
+2%
|
109
-13%
|
95
-13%
|
109
+15%
|
94
-14%
|
91
-3%
|
111
+21%
|
117
+5%
|
138
+18%
|
169
+23%
|
150
-11%
|
148
-1%
|
152
+3%
|
129
-15%
|
102
-21%
|
71
-31%
|
57
-19%
|
48
-16%
|
86
+80%
|
108
+25%
|
101
-6%
|
101
-1%
|
96
-4%
|
80
-17%
|
63
-20%
|
66
+4%
|
64
-3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(6)
|
(7)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(8)
|
(9)
|
(9)
|
(9)
|
(15)
|
(13)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(17)
|
(17)
|
(15)
|
(25)
|
(35)
|
(40)
|
(45)
|
(34)
|
(24)
|
(18)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(15)
|
(14)
|
(13)
|
(11)
|
(12)
|
(11)
|
(13)
|
(14)
|
(13)
|
(16)
|
(18)
|
(20)
|
(20)
|
(17)
|
(13)
|
(13)
|
(16)
|
(12)
|
(17)
|
(15)
|
(18)
|
(26)
|
(33)
|
(33)
|
(36)
|
(39)
|
(37)
|
|
| Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(7)
|
1
|
1
|
0
|
(2)
|
0
|
(0)
|
(0)
|
(21)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(2)
|
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 |
7
|
2
|
3
|
2
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
4
|
2
|
2
|
2
|
2
|
1
|
4
|
4
|
4
|
4
|
2
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
(7)
|
(7)
|
(6)
|
1
|
(1)
|
(1)
|
(3)
|
(0)
|
(5)
|
(5)
|
(3)
|
(1)
|
(2)
|
(5)
|
(2)
|
(0)
|
(25)
|
(27)
|
(19)
|
22
|
14
|
18
|
10
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(1)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
52
N/A
|
50
-3%
|
56
+11%
|
56
+1%
|
47
-17%
|
50
+6%
|
44
-11%
|
46
+5%
|
44
-5%
|
40
-8%
|
36
-10%
|
37
+3%
|
38
+1%
|
37
-2%
|
41
+11%
|
43
+7%
|
48
+10%
|
52
+9%
|
57
+9%
|
55
-3%
|
63
+15%
|
65
+3%
|
54
-16%
|
52
-4%
|
24
-53%
|
18
-26%
|
19
+6%
|
18
-6%
|
36
+101%
|
52
+44%
|
81
+55%
|
104
+27%
|
106
+2%
|
110
+4%
|
94
-14%
|
79
-16%
|
91
+15%
|
78
-14%
|
76
-3%
|
94
+23%
|
100
+6%
|
122
+22%
|
148
+21%
|
130
-12%
|
107
-18%
|
108
+1%
|
86
-20%
|
71
-18%
|
72
+2%
|
55
-23%
|
53
-3%
|
79
+48%
|
90
+14%
|
81
-10%
|
72
-11%
|
61
-15%
|
32
-47%
|
27
-17%
|
25
-5%
|
25
-3%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(8)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(8)
|
(10)
|
(10)
|
(9)
|
(9)
|
(11)
|
(11)
|
(13)
|
(13)
|
(15)
|
(14)
|
(16)
|
(16)
|
(18)
|
(17)
|
(10)
|
(8)
|
(3)
|
(2)
|
(6)
|
(9)
|
(11)
|
(15)
|
(16)
|
(16)
|
(14)
|
(12)
|
(17)
|
(14)
|
(15)
|
(17)
|
(15)
|
(18)
|
(22)
|
(19)
|
(15)
|
(16)
|
(11)
|
(7)
|
(11)
|
(8)
|
(6)
|
(11)
|
(5)
|
(4)
|
(8)
|
(6)
|
(11)
|
(10)
|
(16)
|
(15)
|
|
| Income from Continuing Operations |
44
|
41
|
47
|
47
|
39
|
42
|
35
|
36
|
34
|
32
|
26
|
28
|
28
|
27
|
30
|
32
|
35
|
38
|
42
|
40
|
47
|
48
|
36
|
35
|
15
|
10
|
17
|
16
|
31
|
44
|
70
|
89
|
90
|
94
|
80
|
67
|
75
|
64
|
62
|
77
|
85
|
104
|
126
|
111
|
91
|
92
|
75
|
64
|
61
|
47
|
48
|
68
|
85
|
77
|
65
|
56
|
22
|
17
|
9
|
9
|
|
| 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
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
|
| Net Income (Common) |
44
N/A
|
41
-7%
|
47
+16%
|
47
0%
|
39
-17%
|
42
+7%
|
35
-15%
|
36
+1%
|
34
-4%
|
32
-7%
|
26
-19%
|
28
+6%
|
28
+2%
|
27
-3%
|
30
+10%
|
32
+7%
|
35
+8%
|
38
+9%
|
42
+9%
|
40
-3%
|
47
+17%
|
48
+2%
|
36
-25%
|
35
-3%
|
15
-59%
|
10
-30%
|
17
+65%
|
16
-3%
|
31
+89%
|
44
+42%
|
70
+61%
|
89
+27%
|
90
+2%
|
94
+4%
|
80
-15%
|
67
-16%
|
75
+11%
|
64
-14%
|
62
-4%
|
77
+25%
|
85
+10%
|
106
+24%
|
127
+21%
|
112
-12%
|
93
-17%
|
93
+0%
|
76
-18%
|
64
-16%
|
61
-5%
|
47
-22%
|
48
+0%
|
68
+43%
|
85
+25%
|
77
-9%
|
65
-16%
|
56
-14%
|
22
-60%
|
18
-20%
|
10
-43%
|
10
-2%
|
|
| EPS (Diluted) |
0.39
N/A
|
0.37
-5%
|
0.42
+14%
|
0.42
N/A
|
0.35
-17%
|
0.37
+6%
|
0.32
-14%
|
0.32
N/A
|
0.15
-53%
|
0.14
-7%
|
0.11
-21%
|
0.12
+9%
|
0.12
N/A
|
0.12
N/A
|
0.13
+8%
|
0.14
+8%
|
0.15
+7%
|
0.17
+13%
|
0.18
+6%
|
0.17
-6%
|
0.21
+24%
|
0.2
-5%
|
0.16
-20%
|
0.16
N/A
|
0.06
-63%
|
0.05
-17%
|
0.07
+40%
|
0.07
N/A
|
0.13
+86%
|
0.19
+46%
|
0.31
+63%
|
0.38
+23%
|
0.39
+3%
|
0.4
+3%
|
0.34
-15%
|
0.29
-15%
|
0.32
+10%
|
0.28
-12%
|
0.27
-4%
|
0.34
+26%
|
0.37
+9%
|
0.43
+16%
|
0.54
+26%
|
0.48
-11%
|
0.39
-19%
|
0.39
N/A
|
0.32
-18%
|
0.27
-16%
|
0.26
-4%
|
0.2
-23%
|
0.21
+5%
|
0.29
+38%
|
0.36
+24%
|
0.32
-11%
|
0.26
-19%
|
0.23
-12%
|
0.09
-61%
|
0.08
-11%
|
0.05
-38%
|
0.05
N/A
|
|