Hengxin Statements
10
Hengxin 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
1 114.37
100
924.95
83
189.43
17
—
0
89.608
8
134.54
12.1
54.884
4.9
6.302
0.6
-1.914
-0.2
59.272
5.3
9.163
0.8
55.459
5
0.143
388
511.4
100
404.27
79.1
107.13
20.9
36.599
7.2
64.327
12.6
99.509
19.5
7.62
1.5
5.388
1.1
1.377
0.3
14.385
2.8
1.57
0.3
15.844
3.1
0.041
388
573.68
100
442.57
77.1
131.11
22.9
—
0
67.193
11.7
112.75
19.7
18.362
3.2
21.978
3.8
0.642
0.1
41.029
7.2
6.026
1.1
35.875
6.3
0.092
388
565.66
100
436
77.1
129.65
22.9
—
0
65.427
11.6
99.68
17.6
29.974
5.3
2.101
0.4
-0.56
-0.1
31.575
5.6
6.151
1.1
25.424
4.5
0.066
388
647.08
100
496.86
76.8
150.22
23.2
—
0
83.56
12.9
114.06
17.6
36.167
5.6
10.747
1.7
-1.068
-0.2
46.095
7.1
6.054
0.9
40.041
6.2
0.103
388
781.49
100
593.35
75.9
188.13
24.1
—
0
77.145
9.9
99.919
12.8
88.214
11.3
-3.755
-0.5
-0.543
-0.07
83.927
10.7
10.504
1.3
73.423
9.4
0.189
388
772.94
100
583.54
75.5
189.4
24.5
—
0
99.273
12.8
129.75
16.8
59.656
7.7
-1.532
-0.2
—
0
58.117
7.5
10.935
1.4
47.182
6.1
0.122
388
814.01
100
626.48
77
187.53
23
—
0
79.222
9.7
108.43
13.3
79.094
9.7
3.357
0.4
—
0
82.476
10.1
11.382
1.4
71.094
8.7
0.183
388
780.51
100
617.25
79.1
163.25
20.9
55.737
7.1
77.332
9.9
96.811
12.4
66.444
8.5
-11.955
-1.5
—
0
54.49
7
8.991
1.2
45.499
5.8
0.117
388
414.5
100
346.2
83.5
68.2
16.5
—
0
29
7
32.9
7.9
35.4
8.5
-1.2
-0.3
-0.1
-0.02
34.1
8.2
6.8
1.6
27.4
6.6
0.07
388
308.8
100
257
83.2
51.8
16.8
—
0
22.3
7.2
27.5
8.9
24.3
7.9
-1.1
-0.4
0
0
23.2
7.5
3.4
1.1
19.8
6.4
0.05
388
386.8
100
314.9
81.4
71.9
18.6
—
0
37.7
9.7
48.6
12.6
23.3
6
-1.1
-0.3
-1.4
-0.4
22.2
5.7
4.6
1.2
17.6
4.6
0.05
388
348.2
100
277.3
79.6
71
20.4
—
0
28.5
8.2
35.7
10.3
35.2
10.1
-1.1
-0.3
-0.8
-0.2
34.1
9.8
5.9
1.7
28.2
8.1
0.07
388
301.2
100
240.8
79.9
60.5
20.1
—
0
21.4
7.1
28.1
9.3
32.3
10.7
-0.4
-0.1
-1.5
-0.5
31.9
10.6
10.6
3.5
21.2
7
0.05
388
201.9
100
163.1
80.8
38.9
19.3
—
0
20.2
10
22.3
11
16.5
8.2
-1.5
-0.7
0
0
15
7.4
3.2
1.6
11.8
5.8
0.03
388
243.3
100
196.3
80.7
47.1
19.4
—
0
32.8
13.5
37.2
15.3
9.8
4
-4.7
-1.9
-1
-0.4
5.2
2.1
0.9
0.4
4.2
1.7
0.01
388
255.2
100
207.5
81.3
47.7
18.7
—
0
23.1
9.1
23.7
9.3
24
9.4
-4.3
-1.7
0
0
19.7
7.7
3
1.2
16.7
6.5
0.04
388
376.2
100
307.3
81.7
69
18.3
—
0
24.2
6.4
28.4
7.5
40.5
10.8
-6.1
-1.6
0.3
0.08
34.4
9.1
6.6
1.8
27.8
7.4
0.07
392.3
259.6
100
214.9
82.8
44.7
17.2
2.8
1.1
21.4
8.2
17.4
6.7
27.3
10.5
-5.5
-2.1
0.1
0.04
21.9
8.4
3.3
1.3
18.6
7.2
0.05
388
314.5
100
254.9
81
59.7
19
—
0
25.7
8.2
29.7
9.4
30
9.5
-3.3
-1.05
0
0
26.7
8.5
5.6
1.8
21.1
6.7
0.05
388
429.3
100
347.9
81
81.4
19
—
0
25.8
6
36.9
8.6
44.6
10.4
-4.8
-1.1
-1.4
-0.3
39.8
9.3
7.6
1.8
32.2
7.5
0.08
388
396.9
100
327
82.4
69.9
17.6
—
0
26.9
6.8
31.5
7.9
38.5
9.7
-3.8
-1
-0.4
-0.1
34.7
8.7
6.3
1.6
28.4
7.2
0.07
388
278.5
100
227.4
81.7
51.1
18.3
2
0.7
25.2
9
25.3
9.1
25.8
9.3
-1.4
-0.5
0
0
24.4
8.8
3.8
1.4
20.6
7.4
0.05
388
317.7
100
261.5
82.3
56.2
17.7
—
0
25.5
8
26.6
8.4
29.6
9.3
-0.8
-0.3
-2
-0.6
28.8
9.1
5.6
1.8
23.2
7.3
0.07
339.8
281.3
100
227.3
80.8
54
19.2
—
0
23.7
8.4
22.4
8
31.6
11.2
-2
-0.7
-1.7
-0.6
29.6
10.5
5.1
1.8
24.6
8.7
0.07
336
322.6
100
261.6
81.1
61
18.9
—
0
22.3
6.9
26
8.1
35
10.8
-3.7
-1.1
-0.8
-0.2
31.3
9.7
5.9
1.8
25.4
7.9
0.08
336
261.5
100
211
80.7
50.5
19.3
—
0
20.7
7.9
12.3
4.7
38.1
14.6
-3.2
-1.2
0
0
34.9
13.3
5.6
2.1
29.3
11.2
0.09
336
392.3
100
316.2
80.6
76.2
19.4
—
0
22.7
5.8
22.4
5.7
53.7
13.7
-3.1
-0.8
-1.3
-0.3
50.6
12.9
7.9
2
42.7
10.9
0.13
336
460.7
100
369.3
80.2
91.4
19.8
—
0
33.9
7.4
34
7.4
57.4
12.5
-4.4
-1
-1.6
-0.3
53
11.5
6.4
1.4
46.6
10.1
0.14
336
477.7
100
385.8
80.8
91.9
19.2
—
0
35.7
7.5
37.8
7.9
54.1
11.3
-4.6
-1
-2
-0.4
49.5
10.4
11.2
2.3
38.4
8
0.11
339.7
284.5
100
231.3
81.3
53.2
18.7
—
0
25.7
9
23.5
8.3
29.7
10.4
-3.9
-1.4
0
0
25.8
9.1
3.6
1.3
22.2
7.8
0.07
336
396.4
100
324.9
82
71.5
18
—
0
16.9
4.3
14
3.5
57.5
14.5
-4.7
-1.2
—
0
52.8
13.3
6.6
1.7
46.2
11.7
0.14
336
302.9
100
249.9
82.5
53
17.5
—
0
22.7
7.5
20.6
6.8
32.4
10.7
-5.7
-1.9
0
0
26.7
8.8
3.6
1.2
23.1
7.6
0.07
336
318.5
100
258.9
81.3
59.6
18.7
—
0
25.4
8
22.7
7.1
36.9
11.6
-6.4
-2.009
-0.5
-0.2
30.5
9.6
4
1.3
26.5
8.3
0.08
339.7
196.4
100
155.3
79.1
41.1
20.9
—
0
19.3
9.8
19
9.7
22.1
11.3
-4.9
-2.5
0
0
17.2
8.8
2.5
1.3
14.6
7.4
0.04
336
283.9
100
217.2
76.5
66.7
23.5
—
0
18.8
6.6
18.4
6.5
48.4
17
-5.7
-2.008
-1.8
-0.6
42.7
15
3.8
1.3
38.9
13.7
0.12
336