Ligao Foods Co Ltd
SZSE:300973
Income Statement
Earnings Waterfall
Ligao Foods Co Ltd
Revenue
|
3.6B
CNY
|
Cost of Revenue
|
-2.5B
CNY
|
Gross Profit
|
1.1B
CNY
|
Operating Expenses
|
-942.4m
CNY
|
Operating Income
|
162.6m
CNY
|
Other Expenses
|
-44.9m
CNY
|
Net Income
|
117.7m
CNY
|
Income Statement
Ligao Foods Co Ltd
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 |
1 564
N/A
|
1 711
+9%
|
1 810
+6%
|
2 137
+18%
|
2 391
+12%
|
2 571
+8%
|
2 817
+10%
|
2 868
+2%
|
2 889
+1%
|
2 907
+1%
|
2 911
+0%
|
3 075
+6%
|
3 223
+5%
|
3 442
+7%
|
3 499
+2%
|
3 621
+3%
|
3 644
+1%
|
3 634
0%
|
|
Gross Profit | |||||||||||||||||||
Cost of Revenue |
(928)
|
(1 002)
|
(1 120)
|
(1 339)
|
(1 539)
|
(1 710)
|
(1 842)
|
(1 905)
|
(1 965)
|
(1 990)
|
(2 001)
|
(2 133)
|
(2 198)
|
(2 353)
|
(2 432)
|
(2 510)
|
(2 533)
|
(2 529)
|
|
Gross Profit |
636
N/A
|
710
+12%
|
690
-3%
|
798
+16%
|
852
+7%
|
861
+1%
|
975
+13%
|
963
-1%
|
924
-4%
|
917
-1%
|
910
-1%
|
943
+4%
|
1 025
+9%
|
1 089
+6%
|
1 067
-2%
|
1 111
+4%
|
1 111
0%
|
1 105
-1%
|
|
Operating Income | |||||||||||||||||||
Operating Expenses |
(412)
|
(430)
|
(400)
|
(440)
|
(486)
|
(519)
|
(622)
|
(656)
|
(665)
|
(694)
|
(731)
|
(757)
|
(797)
|
(845)
|
(962)
|
(973)
|
(973)
|
(942)
|
|
Selling, General & Administrative |
(374)
|
(390)
|
(347)
|
(387)
|
(422)
|
(445)
|
(542)
|
(576)
|
(581)
|
(598)
|
(599)
|
(615)
|
(640)
|
(688)
|
(800)
|
(829)
|
(830)
|
(801)
|
|
Research & Development |
(46)
|
(50)
|
(52)
|
(58)
|
(72)
|
(82)
|
(79)
|
(91)
|
(91)
|
(103)
|
(117)
|
(130)
|
(142)
|
(146)
|
(138)
|
(151)
|
(148)
|
(141)
|
|
Depreciation & Amortization |
0
|
0
|
(8)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
|
Other Operating Expenses |
8
|
10
|
7
|
5
|
8
|
8
|
21
|
11
|
7
|
6
|
15
|
(12)
|
(14)
|
(11)
|
24
|
7
|
5
|
(0)
|
|
Operating Income |
224
N/A
|
280
+25%
|
290
+4%
|
359
+24%
|
366
+2%
|
342
-7%
|
353
+3%
|
307
-13%
|
259
-16%
|
223
-14%
|
179
-20%
|
186
+4%
|
228
+23%
|
244
+7%
|
105
-57%
|
138
+32%
|
138
+0%
|
163
+18%
|
|
Pre-Tax Income | |||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
0
|
1
|
0
|
1
|
4
|
4
|
14
|
12
|
8
|
6
|
(5)
|
(5)
|
(7)
|
(7)
|
(8)
|
(9)
|
|
Non-Reccuring Items |
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(10)
|
0
|
0
|
0
|
(7)
|
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
|
|
Total Other Income |
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(1)
|
(8)
|
(8)
|
(7)
|
|
Pre-Tax Income |
223
N/A
|
278
+25%
|
290
+4%
|
359
+24%
|
366
+2%
|
339
-7%
|
353
+4%
|
308
-13%
|
269
-13%
|
234
-13%
|
176
-25%
|
190
+8%
|
221
+17%
|
236
+7%
|
90
-62%
|
123
+36%
|
122
0%
|
146
+19%
|
|
Net Income | |||||||||||||||||||
Tax Provision |
(43)
|
(55)
|
(58)
|
(72)
|
(73)
|
(68)
|
(70)
|
(59)
|
(53)
|
(48)
|
(32)
|
(36)
|
(40)
|
(35)
|
(19)
|
(25)
|
(25)
|
(32)
|
|
Income from Continuing Operations |
180
|
224
|
232
|
287
|
293
|
271
|
283
|
250
|
217
|
186
|
144
|
153
|
181
|
200
|
71
|
97
|
97
|
114
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
4
|
|
Net Income (Common) |
180
N/A
|
224
+25%
|
232
+4%
|
287
+24%
|
293
+2%
|
271
-7%
|
283
+4%
|
250
-12%
|
217
-13%
|
186
-14%
|
144
-23%
|
154
+7%
|
182
+18%
|
202
+11%
|
73
-64%
|
100
+37%
|
100
+0%
|
118
+18%
|
|
EPS (Diluted) |
1.4
N/A
|
1.75
+25%
|
1.83
+5%
|
2.26
+23%
|
1.88
-17%
|
1.6
-15%
|
1.82
+14%
|
1.47
-19%
|
1.28
-13%
|
1.1
-14%
|
0.85
-23%
|
0.91
+7%
|
0.88
-3%
|
1.15
+31%
|
0.42
-63%
|
0.54
+29%
|
0.59
+9%
|
0.7
+19%
|