Kaishan Statements
30
Kaishan 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
1 009.93
100
689.63
68.3
320.3
31.7
27.785
2.8
116.29
11.5
137.74
13.6
182.56
18.1
-54.357
-5.4
0.489
0.05
128.69
12.7
14.394
1.4
113.95
11.3
0.115
993.64
1 177.12
100
833.36
70.8
343.75
29.2
27.66
2.3
125.91
10.7
156.64
13.3
187.11
15.9
-14.934
-1.3
0.152
0.01
172.31
14.6
15.186
1.3
156.9
13.3
0.158
993.64
937.46
100
652.24
69.6
285.22
30.4
25.533
2.7
124.67
13.3
141.98
15.1
143.24
15.3
-52.597
-5.6
0.118
0.01
90.761
9.7
13.37
1.4
76.304
8.1
0.077
993.64
1 054.69
100
686.25
65.1
368.44
34.9
33.282
3.2
154.27
14.6
216.79
20.6
151.65
14.4
-80.397
-7.6
-0.349
-0.03
71.151
6.7
-9.558
-0.9
78.361
7.4
0.079
993.64
887.29
100
608.82
68.6
278.47
31.4
35.301
4
94.672
10.7
122.97
13.9
155.51
17.5
-35.68
-4.02
-0.206
-0.02
119.63
13.5
17.953
2
99.475
11.2
0.1
993.62
921.18
100
669.54
72.7
251.64
27.3
31.301
3.4
96.065
10.4
119.58
13
132.05
14.3
14.404
1.6
-0.305
-0.03
146.24
15.9
19.555
2.1
125.6
13.6
0.126
993.65
891.09
100
617.36
69.3
273.73
30.7
28.757
3.2
107.26
12
131.42
14.7
142.31
16
-25.372
-2.8
-0.168
-0.02
116.77
13.1
10.22
1.1
105.22
11.8
0.106
993.64
911.15
100
573.87
63
337.29
37
27.17
3
143.73
15.8
200.3
22
136.99
15
-39.399
-4.3
-6.661
-0.7
93.973
10.3
17.918
2
73.705
8.1
0.079
936.92
780.67
100
572.42
73.3
208.25
26.7
36.015
4.6
84.332
10.8
117.96
15.1
90.295
11.6
-9.103
-1.2
-0.201
-0.03
80.962
10.4
-0.371
-0.05
79.489
10.2
0.08
993.6
1 002.31
100
728.98
72.7
273.32
27.3
31.843
3.2
106.02
10.6
135.46
13.5
137.86
13.8
-27.795
-2.8
0.002
0.0002
110.43
11
18.342
1.8
90.659
9
0.091
993.87
790.6
100
593.1
75
197.5
25
23.1
2.9
90.3
11.4
108.2
13.7
89.3
11.3
-14.4
-1.8
-0.6
-0.08
71.9
9.1
12.5
1.6
59.8
7.6
0.06
993.6
861.4
100
582.7
67.6
278.8
32.4
27
3.1
113.9
13.2
148.2
17.2
130.6
15.2
-65.3
-7.6
1.6
0.2
66.5
7.7
3.7
0.4
61.8
7.2
0.07
858
745.8
100
532.2
71.4
213.6
28.6
34.5
4.6
75.1
10.1
110.7
14.8
102.9
13.8
-15.8
-2.1
-0.1
-0.01
86.9
11.7
8.8
1.2
76.1
10.2
0.09
858
851.9
100
612.7
71.9
239.3
28.1
27
3.2
81.9
9.6
107.5
12.6
131.7
15.5
-25.3
-3
-0.2
-0.02
106.3
12.5
15.9
1.9
87.9
10.3
0.1
858
563
100
403.7
71.7
159.3
28.3
17.9
3.2
103.5
18.4
116
20.6
43.3
7.7
-2.6
-0.5
0.1
0.02
40.8
7.2
8.8
1.6
30.2
5.4
0.04
858
748.2
100
480.2
64.2
268.1
35.8
24.5
3.3
130.1
17.4
186.1
24.9
81.9
10.9
-14.3
-1.9
-0.1
-0.01
67.6
9
8
1.1
58.8
7.9
0.07
858.1
622.1
100
458.1
73.6
164
26.4
18.5
3
89.1
14.3
106.1
17.1
57.9
9.3
-8
-1.3
0.1
0.02
50.2
8.1
11.9
1.9
38
6.1
0.04
857.6
601.3
100
452.5
75.3
148.8
24.7
23.7
3.9
103.3
17.2
115.9
19.3
32.8
5.5
-2.4
-0.4
-0.9
-0.1
29.5
4.9
6.8
1.1
23.1
3.8
0.03
902.7
661.7
100
494.6
74.7
167.1
25.3
20.3
3.1
93.9
14.2
118.9
18
48.2
7.3
-9.3
-1.4
—
0
38.9
5.9
6.6
1
32.6
4.9
0.04
813.9
680.6
100
497.9
73.2
182.7
26.8
31.6
4.6
89.5
13.2
142.5
20.9
40.1
5.9
3.6
0.5
-5.8
-0.9
37.8
5.6
4.9
0.7
32.5
4.8
0.03
934.1
584.3
100
417.5
71.5
166.8
28.5
25.2
4.3
95.4
16.3
117.2
20.1
49.6
8.5
-2.5
-0.4
0.1
0.02
47.7
8.2
11.1
1.9
36.5
6.2
0.04
858
755.1
100
593.2
78.6
161.9
21.4
—
0
129.6
17.2
122.4
16.2
39.5
5.2
2.5
0.3
—
0
42.1
5.6
17.3
2.3
26.7
3.5
0.03
858
592.2
100
440.4
74.4
151.8
25.6
—
0
105.8
17.9
111.4
18.8
40.3
6.8
-8.2
-1.4
0.3
0.05
32.2
5.4
5.8
1
27.1
4.6
0.03
858
562.6
399.9
162.7
—
108.7
113.9
48.8
-2.5
-1.3
45.2
6.3
40
0.05
858
571.4
434
137.4
22.9
65.1
93.9
43.5
-4.1
—
39.4
5.7
32.1
0.04
857.2
583.1
441.3
141.8
—
111.4
115.5
26.2
-5.4
0.4
21
8.3
14.2
0.02
817.9
504.2
373.9
130.3
—
97.9
105
25.3
0.1
0.1
25.5
6.5
18
0.02
899.1
493.6
369.7
123.9
—
100.7
111.1
12.8
9.1
3.1
32.4
9.2
24
0.03
741.2
508
369.1
138.9
—
98.8
106.5
32.4
2
1.4
38.5
6.1
31.3
0.04
858
398.3
318.8
79.5
—
54.4
59
20.4
12.4
3.7
36.5
9.7
26.5
0.03
858
327.7
253.7
74
—
55.4
59.8
14.2
8.3
0.1
22.6
4
17.7
0.02
858
310.7
249
61.7
—
59.9
63.3
-1.6
12.9
0.9
12.2
7.1
4.9
0.01
858
306.2
233.2
73
—
53.6
58.7
14.3
18.5
2.5
35.3
3.7
31.1
0.04
858
562.3
419.9
142.4
—
47.8
58.9
83.5
14.5
0.1
98.1
23
74.3
0.09
858
458.6
340.3
118.2
—
50.3
56.8
61.5
17.7
-0.1
79.1
12.3
65.8
0.08
858
451.4
345.7
105.8
—
55.6
68.7
37
19.2
12.5
68.8
22.5
45.4
0.05
858
467
333.5
133.5
—
47
48
85.5
17.5
2.8
105.8
17.4
87.3
0.1
858
560.1
406.8
153.3
—
45.4
47.1
106.2
19.3
—
125.6
20.5
103.6
0.12
858
516.8
368.9
147.9
—
46.5
49.1
98.8
16.9
0.6
116.3
23.1
91.7
0.11
858.2
524.8
365.9
158.9
—
47.5
52.3
106.6
17.5
3
127.1
27.3
98.5
0.11
858
474.5
341.2
133.3
—
45
42.8
90.5
12.6
0.3
103.4
19.8
82.3
0.1
858
518.6
374.5
144.1
—
40.5
40.3
103.8
13.8
-0.1
117.5
22.1
93.6
0.11
858
431.3
308.9
122.5
—
35.4
39.9
82.5
13.5
—
96.1
18.4
76.2
0.09
858
310.8
226.7
84.1
—
33.9
31.5
52.6
13.4
1.7
67.7
14.1
52.4
0.06
858