Wenzhou Kangning Statements
21
Wenzhou Kangning Income Statement
B
M
CNY (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
818.34
100
612.43
74.8
205.91
25.2
17.075
2.1
110.82
13.5
137.16
16.8
68.745
8.4
-23.859
-2.9
-5.98
-0.7
38.974
4.8
0.772
0.09
42.198
5.2
0.566
74.6
777.93
100
579.17
74.5
198.75
25.5
14.766
1.9
99.014
12.7
125.59
16.1
73.157
9.4
-16.66
-2.1
3.71
0.5
60.207
7.7
11.478
1.5
43.75
5.6
0.586
74.6
746.6
100
594.38
79.6
152.21
20.4
17.579
2.4
128.56
17.2
152.71
20.5
-0.499
-0.07
-34.132
-4.6
-2.766
-0.4
-47.726
-6.4
7.464
1
-63.009
-8.4
-0.845
74.6
738.3
100
542.55
73.5
195.76
26.5
14.822
2
92.253
12.5
113.49
15.4
82.267
11.1
-21.305
-2.9
1.979
0.3
63.331
8.6
19.11
2.6
38.788
5.3
0.52
74.6
689.69
100
517.8
75.1
171.89
24.9
15.757
2.3
92.891
13.5
115.97
16.8
55.924
8.1
-8.289
-1.2
0.57
0.08
41.946
6.1
37.324
5.4
9.033
1.3
0.125
72.058
607.74
100
456.39
75.1
151.35
24.9
11.806
1.9
74.641
12.3
90.287
14.9
61.064
10
-9.948
-1.6
2.629
0.4
53.745
8.8
17.506
2.9
35.003
5.8
0.482
72.656
523.86
100
395.72
75.5
128.14
24.5
18.335
3.5
62.484
11.9
78.07
14.9
50.07
9.6
-9.605
-1.8
1.865
0.4
34.914
6.7
20.159
3.8
19.36
3.7
0.268
72.135
465.15
100
338.86
72.9
126.29
27.1
2.637
0.6
68.479
14.7
71.885
15.5
54.401
11.7
-12.527
-2.7
-2.47
-0.5
39.404
8.5
10.503
2.3
36.41
7.8
0.5
72.77
481.78
100
373.7
77.6
108.08
22.4
3.714
0.8
92.475
19.2
92.124
19.1
15.96
3.3
-10.963
-2.3
-2.293
-0.5
2.862
0.6
10.175
2.1
5.225
1.1
0.072
73.04
378.91
100
287.71
75.9
91.196
24.1
2.304
0.6
62.389
16.5
65.973
17.4
25.223
6.7
-10.585
-2.8
11.968
3.2
52.661
13.9
7.12
1.9
52.064
13.7
0.704
73.916
389.19
100
268.7
69
120.49
31
5.733
1.5
62.576
16.1
67.099
17.2
53.395
13.7
-4.277
-1.1
2.034
0.5
47.802
12.3
13.685
3.5
38.24
9.8
0.524
73.04
356.78
100
230.75
64.7
126.03
35.3
—
0
55.331
15.5
58.012
16.3
68.015
19.1
-6.846
-1.9
-0.894
-0.3
59.108
16.6
18.256
5.1
41.987
11.8
0.575
73.04
383.3
100
264.02
68.9
119.28
31.1
—
0
65.819
17.2
62.092
16.2
57.185
14.9
-14.437
-3.8
-6.096
-1.6
27.543
7.2
10.013
2.6
17.36
4.5
0.238
73.04
283.14
100
195.09
68.9
88.046
31.1
—
0
39.103
13.8
43.313
15.3
44.733
15.8
-10.366
-3.7
2.804
1
37.076
13.1
12.014
4.2
26.467
9.3
0.362
73.04
225.7
100
153.6
68.1
72.1
31.9
—
0
38.3
17
41.4
18.3
30.8
13.6
14
6.2
6.2
2.7
55.3
24.5
16.1
7.1
40.6
18
0.56
73
189.7
100
119.6
63
70.1
37
—
0
34.9
18.4
41.5
21.9
28.6
15.1
10.5
5.5
-2.3
-1.2
36.8
19.4
10.5
5.5
28.2
14.9
0.39
73
182.9
100
117.8
64.4
65.1
35.6
—
0
37.4
20.4
34.4
18.8
30.7
16.8
5
2.7
-2.7
-1.5
33.1
18.1
8.8
4.8
26.6
14.5
0.45
58.5
160.7
100
95.5
59.4
65.2
40.6
—
0
27.1
16.9
27
16.8
38.2
23.8
0.3
0.2
-1.3
-0.8
37.1
23.1
9.7
6
29.1
18.1
0.57
51.4