WELLE Environmental Statements
30
WELLE Environmental 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
454.39
100
320.37
70.5
134.03
29.5
15.437
3.4
96.128
21.2
110.84
24.4
23.194
5.1
-23.276
-5.1
4.629
1
4.545
1
0.531
0.1
4.569
1
0.006
781.59
715.51
100
581.09
81.2
134.42
18.8
25.923
3.6
77.328
10.8
99.575
13.9
34.843
4.9
-28.936
-4.04
0.256
0.04
9.819
1.4
4.021
0.6
5.945
0.8
0.008
781.59
423.24
100
344.83
81.5
78.405
18.5
15.263
3.6
47.131
11.1
59.14
14
19.265
4.6
-6.044
-1.4
1.073
0.3
14.366
3.4
3.405
0.8
10.732
2.5
0.014
781.59
627.12
100
662.8
105.7
-35.681
-5.7
26.363
4.2
254.73
40.6
456.59
72.8
-492.27
-78.5
-59.211
-9.4
-16.536
-2.6
-567.83
-90.5
-54.444
-8.7
-489.94
-78.1
-0.667
734.73
444.93
100
331.75
74.6
113.18
25.4
19.645
4.4
69.905
15.7
81.452
18.3
31.724
7.1
-22.8
-5.1
3.481
0.8
12.202
2.7
3.988
0.9
6.237
1.4
0.009
715.24
578.84
100
413.02
71.4
165.83
28.6
29.187
5
105.09
18.2
124.78
21.6
41.049
7.1
-34.584
-6
0.209
0.04
6.84
1.2
-0.072
-0.01
3.25
0.6
0.003
933.82
434.02
100
327.33
75.4
106.69
24.6
16.328
3.8
53.941
12.4
65.311
15
41.375
9.5
-8.412
-1.9
2.929
0.7
35.887
8.3
2.945
0.7
30.852
7.1
0.04
771.3
793.36
100
543.01
68.4
250.35
31.6
23.242
2.9
186.69
23.5
208.52
26.3
41.838
5.3
-36.623
-4.6
2.802
0.4
8.787
1.1
-5.332
-0.7
16.919
2.1
0.016
1 077.31
773.87
100
584.56
75.5
189.31
24.5
35.457
4.6
91.431
11.8
112.92
14.6
76.395
9.9
-31.326
-4.05
0.76
0.1
45.531
5.9
5.602
0.7
38.163
4.9
0.05
765.9
922.61
100
687.68
74.5
234.93
25.5
30.947
3.4
103.04
11.2
129.4
14
105.53
11.4
-26.949
-2.9
0.673
0.07
79.08
8.6
6.035
0.7
75.667
8.2
0.088
858.02
663.4
100
485.1
73.1
178.3
26.9
27.2
4.1
76.9
11.6
99.9
15.1
78.4
11.8
-22.1
-3.3
7.4
1.1
63.8
9.6
8.3
1.3
55.5
8.4
0.07
781.6
1 190.9
100
847.8
71.2
343.2
28.8
49.1
4.1
170.4
14.3
222
18.6
121.1
10.2
-40.2
-3.4
-3.1
-0.3
80.5
6.8
16.3
1.4
58.8
4.9
0.08
781.7
725.3
100
499.5
68.9
225.9
31.1
23.3
3.2
70.4
9.7
93.6
12.9
132.2
18.2
1.3
0.2
22.2
3.1
155.7
21.5
19.4
2.7
135.4
18.7
0.17
781.6
765.5
100
541.3
70.7
224.2
29.3
16.6
2.2
68.6
9
73.5
9.6
150.7
19.7
-13.3
-1.7
-0.5
-0.07
137
17.9
18.9
2.5
115.6
15.1
0.15
783.8
520.9
100
377.3
72.4
143.7
27.6
21.5
4.1
65.2
12.5
69.7
13.4
74
14.2
-17.3
-3.3
-0.5
-0.1
56.2
10.8
10.8
2.1
47.5
9.1
0.06
783.8
978.8
100
708.7
72.4
270.1
27.6
41.4
4.2
98.1
10
138.6
14.2
131.6
13.4
-17.1
-1.7
-1.7
-0.2
112.9
11.5
13.1
1.3
89
9.1
0.11
783.8
629.7
100
447.7
71.1
182
28.9
10.4
1.7
73.8
11.7
91
14.5
91
14.5
-7.6
-1.2
-0.4
-0.06
83
13.2
14.3
2.3
71
11.3
0.09
783.8
649.2
100
461
71
188.2
29
18.9
2.9
64.2
9.9
82.8
12.8
105.4
16.2
-12.7
-2
-0.5
-0.08
92.2
14.2
9.4
1.4
83.8
12.9
0.11
783.8
472.9
100
298.4
63.1
174.5
36.9
19.3
4.1
73
15.4
86
18.2
88.5
18.7
-13.3
-2.8
5.4
1.1
80.6
17
10.4
2.2
72.9
15.4
0.09
783.8
751.8
100
501.1
66.7
250.7
33.3
26.7
3.6
73.9
9.8
139.7
18.6
111.1
14.8
-10.6
-1.4
-2.3
-0.3
98.4
13.1
12.8
1.7
74.1
9.9
0.09
814.1
417.7
100
292.7
70.1
125
29.9
14.8
3.5
54.6
13.1
59.6
14.3
65.4
15.7
-8.4
-2.01
-0.2
-0.05
56.8
13.6
8.4
2
50.4
12.1
0.06
814.1
562.4
100
399.2
71
163.3
29
—
0
71.7
12.7
88.4
15.7
74.8
13.3
-3.2
-0.6
2.4
0.4
74
13.2
7
1.2
60.4
10.7
0.07
814.1
332.9
100
217
65.2
115.9
34.8
—
0
62
18.6
56.8
17.1
59.1
17.8
-5.7
-1.7
0.8
0.2
54.2
16.3
8.2
2.5
47.5
14.3
0.06
814.1
573.9
100
421.8
73.5
152.1
26.5
18.6
3.2
63.6
11.1
75.5
13.2
76.6
13.3
-7.5
-1.3
-27.2
-4.7
41.9
7.3
7.8
1.4
26.8
4.7
0.03
797
296.3
100
187.2
63.2
109.1
36.8
11.2
3.8
41.5
14
55.8
18.8
53.3
18
-6.4
-2.2
3
1
49.9
16.8
6.3
2.1
41.7
14.1
0.05
814.1
249.9
100
158.4
63.4
91.5
36.6
—
0
24.3
9.7
45.2
18.1
46.3
18.5
-4.4
-1.8
5.3
2.1
47.3
18.9
6.4
2.6
36.8
14.7
0.04
862.8
297.7
100
217.5
73.1
80.2
26.9
—
0
48
16.1
47.6
16
32.6
11
-3.8
-1.3
2.7
0.9
31.5
10.6
6
2
33.4
11.2
0.05
734.6
220.1
100
153.8
69.9
66.3
30.1
—
0
46.3
21
50.1
22.8
16.2
7.4
2.1
1
3.6
1.6
22
10
1.5
0.7
20.6
9.4
0.03
695.6
202.2
100
127.5
63.1
74.7
36.9
—
0
40.5
20
52.7
26.1
22
10.9
-3.8
-1.9
3.8
1.9
22
10.9
-3.6
-1.8
25.8
12.8
0.04
734.6
186.4
100
121.5
65.2
64.9
34.8
—
0
30.9
16.6
29.5
15.8
35.4
19
-6.2
-3.3
1.6
0.9
30.8
16.5
4.8
2.6
26.3
14.1
0.04
658.1
164.8
100
95.3
57.8
69.4
42.1
—
0
35.8
21.7
37.7
22.9
31.8
19.3
-8.9
-5.4
2.8
1.7
25.7
15.6
3.9
2.4
20.1
12.2
0.03
626.6
350.8
100
248.7
70.9
102.1
29.1
—
0
42.9
12.2
43.7
12.5
58.4
16.6
-5.2
-1.5
2.8
0.8
55.9
15.9
7.6
2.2
43.1
12.3
0.07
626.6
207.1
100
134.6
65
72.5
35
—
0
26.9
13
32.2
15.5
40.3
19.5
-5
-2.4
2.2
1.1
37.5
18.1
5.9
2.8
31.9
15.4
0.05
626.6
262.7
100
177.9
67.7
84.8
32.3
—
0
29.4
11.2
42.3
16.1
42.5
16.2
-2.3
-0.9
0.1
0.04
40.3
15.3
5.4
2.1
32.6
12.4
0.05
626.6
140.3
100
90.4
64.4
50
35.6
—
0
32.4
23.1
36
25.7
14
10
-0.1
-0.07
1.1
0.8
14.9
10.6
2.8
2
12.9
9.2
0.02
626.6
331.3
100
235.1
71
96.2
29
—
0
35.4
10.7
30.7
9.3
65.4
19.7
1.1
0.3
-0.2
-0.06
66.4
20
8.7
2.6
54.1
16.3
0.1
563.9
132.7
100
84
63.3
48.6
36.6
—
0
28.1
21.2
30.1
22.7
18.5
13.9
1.2
0.9
0.9
0.7
20.6
15.5
5.8
4.4
17.7
13.3
0.03
626.6
99.5
100
65
65.3
34.5
34.7
—
0
20.5
20.6
22.9
23
11.6
11.7
1.1
1.1
0.1
0.1
12.7
12.8
0.5
0.5
12.5
12.6
0.02
560.9
87.2
100
54.1
62
33
37.8
—
0
25
28.7
20.4
23.4
12.6
14.4
0.8
0.9
0.1
0.1
13.5
15.5
2.5
2.9
11.8
13.5
0.02
563.9
110.7
100
81.2
73.4
29.6
26.7
—
0
18.4
16.6
34.5
31.2
-5
-4.5
3.5
3.2
8.1
7.3
6.6
6
-1.7
-1.5
7.7
7
0.01
563.9
56.7
100
31.5
55.6
25.1
44.3
—
0
15.5
27.3
18.7
33
6.5
11.5
2.1
3.7
-0.2
-0.4
8.3
14.6
1.9
3.4
6.9
12.2
0.01
563.2