Hailun Piano Co Ltd
SZSE:300329

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Hailun Piano Co Ltd Logo
Hailun Piano Co Ltd
SZSE:300329
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Price: 6.11 CNY 2.35% Market Closed
Market Cap: 1.5B CNY
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Income Statement

Earnings Waterfall
Hailun Piano Co Ltd

Revenue
188.9m CNY
Cost of Revenue
-159.8m CNY
Gross Profit
29.1m CNY
Operating Expenses
-148.5m CNY
Operating Income
-119.4m CNY
Other Expenses
19.9m CNY
Net Income
-99.5m CNY

Income Statement
Hailun Piano Co Ltd

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Income Statement
Currency: CNY
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
Revenue
Revenue
347
N/A
353
+2%
363
+3%
364
+0%
363
0%
369
+2%
366
-1%
373
+2%
382
+2%
389
+2%
398
+2%
418
+5%
444
+6%
470
+6%
491
+4%
510
+4%
521
+2%
527
+1%
541
+2%
537
-1%
542
+1%
554
+2%
497
-10%
475
-4%
475
0%
476
+0%
536
+13%
548
+2%
540
-1%
522
-3%
489
-6%
459
-6%
429
-7%
379
-12%
358
-6%
345
-4%
315
-9%
297
-5%
268
-10%
227
-15%
189
-17%
Gross Profit
Cost of Revenue
(253)
(259)
(267)
(268)
(264)
(264)
(267)
(273)
(284)
(287)
(298)
(314)
(332)
(343)
(362)
(371)
(377)
(377)
(392)
(388)
(394)
(395)
(360)
(347)
(348)
(358)
(409)
(419)
(415)
(387)
(365)
(348)
(326)
(281)
(273)
(263)
(240)
(229)
(216)
(187)
(160)
Gross Profit
93
N/A
94
+1%
95
+1%
96
+1%
99
+4%
105
+5%
99
-5%
100
+1%
98
-2%
102
+4%
100
-2%
104
+4%
112
+8%
127
+13%
129
+2%
138
+8%
144
+4%
151
+5%
149
-1%
148
0%
149
+0%
159
+7%
137
-14%
129
-6%
127
-1%
117
-8%
127
+8%
129
+2%
125
-3%
135
+8%
124
-8%
111
-10%
103
-8%
98
-5%
84
-14%
82
-3%
74
-9%
68
-8%
52
-23%
40
-24%
29
-27%
Operating Income
Operating Expenses
(67)
(65)
(65)
(68)
(70)
(75)
(74)
(75)
(79)
(84)
(83)
(82)
(83)
(94)
(91)
(97)
(104)
(111)
(112)
(115)
(118)
(123)
(110)
(109)
(104)
(98)
(98)
(96)
(93)
(109)
(204)
(200)
(200)
(90)
(80)
(82)
(82)
(160)
(152)
(147)
(149)
Selling, General & Administrative
(66)
(46)
(65)
(68)
(68)
(53)
(73)
(74)
(78)
(63)
(82)
(83)
(79)
(74)
(83)
(88)
(94)
(92)
(100)
(97)
(101)
(100)
(94)
(95)
(91)
(77)
(77)
(74)
(69)
(84)
(84)
(81)
(83)
(71)
(67)
(70)
(70)
(85)
(84)
(80)
(82)
Research & Development
0
(16)
0
0
0
(18)
0
0
0
(17)
0
0
(5)
(20)
0
0
(11)
(19)
(16)
(21)
(21)
(21)
(21)
(22)
(21)
(19)
(21)
(22)
(22)
(20)
(21)
(20)
(17)
(14)
(15)
(14)
(14)
(13)
(14)
(13)
(13)
Depreciation & Amortization
0
(4)
0
0
0
(4)
0
0
0
(4)
0
0
0
(4)
0
0
0
(6)
0
0
0
(6)
0
0
0
(5)
0
0
0
(6)
0
0
0
(7)
0
0
0
(9)
0
0
0
Other Operating Expenses
(1)
(0)
(1)
(0)
(2)
(0)
(1)
(1)
(0)
(0)
(1)
1
2
4
(8)
(9)
1
5
4
3
4
3
5
7
9
3
1
(1)
(3)
2
(99)
(99)
(99)
2
1
2
3
(54)
(53)
(54)
(54)
Operating Income
27
N/A
29
+9%
30
+3%
28
-8%
30
+7%
30
+0%
26
-13%
25
-4%
19
-22%
19
-4%
17
-9%
22
+28%
29
+34%
33
+15%
38
+14%
42
+10%
40
-5%
40
N/A
37
-7%
33
-10%
31
-7%
35
+14%
27
-24%
19
-29%
23
+20%
20
-16%
29
+48%
33
+14%
32
-4%
26
-18%
(80)
N/A
(89)
-10%
(97)
-9%
8
N/A
4
-46%
0
-91%
(7)
N/A
(92)
-1 163%
(99)
-8%
(107)
-8%
(119)
-11%
Pre-Tax Income
Interest Income Expense
0
(1)
(4)
(4)
(0)
2
7
10
11
13
14
13
12
11
11
13
17
20
20
21
22
21
18
16
14
15
16
18
18
(2)
(6)
(11)
(14)
(4)
(3)
0
(3)
(10)
(10)
(15)
8
Non-Reccuring Items
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(0)
0
0
0
(1)
0
0
0
(103)
1
1
2
3
1
1
18
18
18
18
1
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
6
3
3
6
6
6
6
4
9
7
8
6
2
3
3
3
2
2
2
2
2
(0)
(1)
(1)
(1)
0
0
0
0
(1)
(2)
(2)
(2)
(1)
0
0
0
2
0
1
2
Pre-Tax Income
32
N/A
30
-8%
29
-3%
30
+3%
35
+16%
37
+5%
39
+6%
39
+2%
39
-2%
38
-3%
39
+3%
40
+4%
43
+7%
46
+8%
51
+10%
58
+14%
59
+1%
61
+4%
59
-3%
56
-5%
55
-2%
56
+3%
45
-21%
35
-21%
36
+3%
33
-8%
45
+37%
51
+12%
50
-1%
(80)
N/A
(87)
-9%
(100)
-14%
(111)
-11%
6
N/A
2
-65%
2
-5%
8
+288%
(82)
N/A
(90)
-9%
(103)
-15%
(109)
-6%
Net Income
Tax Provision
(6)
(4)
(4)
(3)
(3)
(5)
(5)
(6)
(6)
(4)
(4)
(4)
(5)
(5)
(6)
(7)
(7)
(6)
(6)
(4)
(3)
(5)
(4)
(3)
(3)
(2)
(3)
(3)
(2)
(1)
(0)
0
1
2
3
3
(1)
3
3
3
9
Income from Continuing Operations
27
26
25
27
32
31
33
33
33
33
34
36
38
41
45
51
52
55
54
52
52
52
41
32
33
31
43
48
48
(81)
(88)
(100)
(109)
8
5
5
6
(79)
(86)
(100)
(100)
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
1
1
1
1
0
0
0
1
1
1
0
0
0
0
0
0
0
0
1
Net Income (Common)
26
N/A
26
-2%
25
-2%
27
+8%
32
+17%
31
-2%
33
+7%
33
+0%
33
-2%
33
+2%
34
+3%
36
+4%
38
+6%
41
+8%
45
+10%
51
+13%
52
+1%
55
+6%
53
-2%
52
-3%
52
0%
52
+0%
41
-21%
33
-20%
33
+2%
32
-5%
43
+35%
48
+12%
48
+1%
(80)
N/A
(87)
-9%
(98)
-13%
(108)
-10%
8
N/A
5
-34%
5
-1%
6
+17%
(79)
N/A
(86)
-9%
(100)
-16%
(100)
+0%
EPS (Diluted)
0.11
N/A
0.11
N/A
0.11
N/A
0.12
+9%
0.14
+17%
0.13
-7%
0.15
+15%
0.15
N/A
0.14
-7%
0.13
-7%
0.14
+8%
0.14
N/A
0.15
+7%
0.16
+7%
0.18
+13%
0.2
+11%
0.2
N/A
0.22
+10%
0.2
-9%
0.2
N/A
0.2
N/A
0.21
+5%
0.16
-24%
0.12
-25%
0.13
+8%
0.13
N/A
0.17
+31%
0.2
+18%
0.19
-5%
-0.31
N/A
-0.34
-10%
-0.38
-12%
-0.42
-11%
0.03
N/A
0.02
-33%
0.02
N/A
0.03
+50%
-0.31
N/A
-0.34
-10%
-0.39
-15%
-0.39
N/A

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