China Merchants Statements
14
China Merchants Income Statement
B
M
HKD (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
5 677
100
3 132
55.2
2 545
44.8
—
0
757
13.3
553
9.7
1 992
35.1
2 080
36.6
-106
-1.9
4 059
71.5
658
11.6
2 882
50.8
0.697
4 132.74
5 805
100
3 195
55
2 610
45
—
0
624
10.7
552
9.5
2 058
35.5
2 598
44.8
-156
-2.7
4 500
77.5
516
8.9
3 351
57.7
0.837
4 003.38
6 037
100
3 577
59.3
2 460
40.7
—
0
1 080
17.9
685
11.3
1 775
29.4
2 248
37.2
-49
-0.8
3 888
64.4
420
7
2 956
49
0.751
3 936.59
6 508
100
3 400
52.2
3 108
47.8
—
0
712
10.9
637
9.8
2 471
38
3 933
60.4
-214
-3.3
6 187
95.1
626
9.6
4 825
74.1
1.275
3 785.62
6 187
100
3 477
56.2
2 710
43.8
—
0
1 162
18.8
1 098
17.7
1 612
26.1
2 454
39.7
-138
-2.2
4 825
78
714
11.5
3 433
55.5
0.916
3 746.63
5 663
100
3 016
53.3
2 647
46.7
—
0
680
12
984
17.4
1 663
29.4
3 651
64.5
-41
-0.7
5 801
102.4
527
9.3
4 711
83.2
1.287
3 661.3
4 868
100
2 798
57.5
2 070
42.5
—
0
1 251
25.7
1 668
34.3
402
8.3
2 995
61.5
—
0
4 727
97.1
647
13.3
3 605
74.1
1.002
3 596.04
4 077
100
2 403
58.9
1 674
41.1
—
0
630
15.5
737
18.1
937
23
876
21.5
—
0
2 431
59.6
430
10.5
1 546
37.9
0.448
3 448.95
4 434
100
2 675
60.3
1 759
39.7
—
0
786
17.7
358
8.1
1 401
31.6
789
17.8
3
0.07
2 857
64.4
409
9.2
1 833
41.3
0.536
3 418.34
4 464
100
2 507
56.2
1 957
43.8
—
0
635
14.2
791
17.7
1 166
26.1
2 431
54.5
1
0.02
8 899
199.4
2 109
47.2
6 529
146.3
1.961
3 329.85
4 600
100
2 739
59.5
1 861
40.5
—
0
989
21.5
994
21.6
867
18.8
1 438
31.3
-28
-0.6
2 279
49.5
237
5.2
1 797
39.1
0.541
3 322.07
5 560
100
3 032
54.5
2 528
45.5
—
0
777
14
687
12.4
1 841
33.1
686
12.3
31
0.6
6 971
125.4
1 058
19
5 448
98
1.662
3 277.62
4 637
2 960
1 677
—
640
602
1 075
3 324
11
3 667
442
2 880
0.841
3 426.37
4 055
2 291
1 764
—
530
499
1 265
1 688
6
3 778
302
3 148
1.006
3 128.87
4 129
2 415
1 714
—
559
66
1 648
2 667
14
4 337
121
3 804
1.21
3 155.8
3 847
2 206
1 641
—
460
414
1 227
1 115
3
2 346
356
1 690
0.54
3 102.3
4 153
2 392
1 761
—
525
530
1 231
1 429
4
2 801
429
2 027
0.65
3 130.1
4 080
2 210
1 870
—
464
435
1 435
1 738
3
3 514
361
2 781
0.9
3 075.9
4 333
2 514
1 819
—
574
520
1 299
2 186
3
3 303
765
2 377
0.77
3 106.1
3 924
2 223
1 701
—
443
414
1 287
1 546
5
2 866
386
2 149
0.83
2 577.1
4 013
2 497
1 516
—
450
397
1 119
1 901
3
3 045
460
2 278
0.89
2 558.7
3 745
2 025
1 720
—
410
401
1 319
1 408
8
2 736
382
1 935
0.78
2 495.4
6 229
3 950
2 279
—
703
564
1 715
993
—
3 904
661
2 062
0.82
2 509.1
4 793
2 737
2 056
—
599
580
1 476
1 489
—
2 967
502
1 756
0.71
2 477.9
5 274
3 106
2 168
—
717
663
1 505
1 117
—
2 619
437
1 665
0.67
2 492.3
4 196
2 312
1 884
—
507
499
1 385
2 311
—
5 067
558
3 924
1.59
2 468.2
3 812
2 012
1 800
—
538
519
1 281
2 233
—
4 961
374
3 947
1.59
2 487.8
1 999
1 013
986
—
173
111
875
1 341
—
2 277
184
1 929
0.79
2 438.8
1 937
1 091
846
—
200
200
646
1 114
—
1 758
126
1 510
0.62
2 443.2
1 651
964
687
—
188
188
499
962
—
1 485
152
1 728
0.71
2 424.6
2 078
1 121
957
—
345
18
939
868
—
1 809
91
1 691
0.69
2 442.9
2 057
1 042
1 015
—
237
236
779
1 428
-1
2 205
129
2 019
0.83
2 419.8
3 395
2 066
1 329
—
475
501
828
1 351
—
2 179
76
2 025
0.83
2 417.5
2 863
1 801
1 062
—
405
359
703
1 004
—
1 707
134
1 560
0.66
2 352.2
2 267
1 518
749
—
367
394
355
1 292
—
1 495
43
1 356
0.57
2 375.1
1 694
1 180
514
—
266
221
293
955
—
1 248
36
1 244
0.54
2 280.4
1 644.4
1 199.1
445.3
—
334.9
-21.5
466.8
858.7
0
1 325.5
18.4
1 203.2
0.54
2 241.7
1 327.6
947.9
379.7
—
263.1
184.5
195.2
1 066.3
0
1 261.5
35.6
1 160.8
0.54
2 158.6
1 149.9
817.1
332.8
—
337.1
246.6
86.2
861
0
947.2
25
1 222.4
0.56
2 149.3
909.1
648.9
260.2
—
172.9
153.4
106.8
699
0
805.8
21
831.6
0.38
2 148.7
1 137.5
783.1
354.4
—
216.6
216.6
137.8
700.1
—
998.5
107.7
844.3
0.4
2 131.2
992.9
677.8
315.2
—
154.1
110.1
205
522.7
—
727.7
74.5
621.3
0.3
2 100.6
1 006.2
673.9
332.3
—
101.1
372.9
-40.7
549.9
0.1
507.6
82.6
382.5
0.19
2 126.5