AAC Technologies Holdings Inc
HKEX:2018
Income Statement
Earnings Waterfall
AAC Technologies Holdings Inc
Revenue
|
20.4B
CNY
|
Cost of Revenue
|
-17B
CNY
|
Gross Profit
|
3.5B
CNY
|
Operating Expenses
|
-2.6B
CNY
|
Operating Income
|
843.9m
CNY
|
Other Expenses
|
-103.5m
CNY
|
Net Income
|
740.4m
CNY
|
Income Statement
AAC Technologies Holdings Inc
Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
7 525
N/A
|
7 911
+5%
|
8 096
+2%
|
8 045
-1%
|
7 981
-1%
|
7 962
0%
|
8 879
+12%
|
9 330
+5%
|
9 870
+6%
|
10 990
+11%
|
11 739
+7%
|
11 979
+2%
|
12 596
+5%
|
13 619
+8%
|
15 507
+14%
|
17 177
+11%
|
18 588
+8%
|
19 705
+6%
|
21 119
+7%
|
21 542
+2%
|
20 899
-3%
|
20 444
-2%
|
18 131
-11%
|
17 246
-5%
|
17 274
+0%
|
17 417
+1%
|
17 884
+3%
|
17 691
-1%
|
18 153
+3%
|
17 662
-3%
|
17 140
-3%
|
17 872
+4%
|
17 912
+0%
|
17 638
-2%
|
17 667
+0%
|
18 271
+3%
|
18 470
+1%
|
19 596
+6%
|
20 625
+5%
|
20 432
-1%
|
20 419
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 237)
|
(4 485)
|
(4 637)
|
(4 655)
|
(4 632)
|
(4 625)
|
(5 201)
|
(5 441)
|
(5 769)
|
(6 437)
|
(6 867)
|
(7 031)
|
(7 388)
|
(7 976)
|
(9 064)
|
(10 012)
|
(10 893)
|
(11 570)
|
(12 399)
|
(12 812)
|
(12 625)
|
(12 566)
|
(11 388)
|
(11 137)
|
(11 541)
|
(12 005)
|
(12 777)
|
(12 891)
|
(13 313)
|
(13 237)
|
(12 913)
|
(13 131)
|
(13 088)
|
(12 917)
|
(13 302)
|
(14 286)
|
(14 737)
|
(15 806)
|
(16 850)
|
(17 143)
|
(16 967)
|
|
Gross Profit |
3 288
N/A
|
3 426
+4%
|
3 459
+1%
|
3 390
-2%
|
3 350
-1%
|
3 338
0%
|
3 678
+10%
|
3 889
+6%
|
4 101
+5%
|
4 552
+11%
|
4 872
+7%
|
4 948
+2%
|
5 208
+5%
|
5 643
+8%
|
6 443
+14%
|
7 165
+11%
|
7 694
+7%
|
8 135
+6%
|
8 720
+7%
|
8 730
+0%
|
8 273
-5%
|
7 878
-5%
|
6 743
-14%
|
6 109
-9%
|
5 733
-6%
|
5 412
-6%
|
5 107
-6%
|
4 800
-6%
|
4 841
+1%
|
4 424
-9%
|
4 227
-4%
|
4 742
+12%
|
4 824
+2%
|
4 722
-2%
|
4 365
-8%
|
3 985
-9%
|
3 733
-6%
|
3 791
+2%
|
3 775
0%
|
3 289
-13%
|
3 452
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 016)
|
(1 025)
|
(993)
|
(602)
|
(926)
|
(954)
|
(1 078)
|
(1 181)
|
(1 252)
|
(1 392)
|
(1 486)
|
(1 535)
|
(1 649)
|
(1 722)
|
(1 780)
|
(1 918)
|
(2 026)
|
(2 200)
|
(2 468)
|
(2 569)
|
(2 559)
|
(2 498)
|
(2 242)
|
(2 135)
|
(2 321)
|
(2 358)
|
(2 388)
|
(2 409)
|
(2 468)
|
(2 429)
|
(2 495)
|
(2 400)
|
(2 406)
|
(2 472)
|
(2 544)
|
(2 506)
|
(2 406)
|
(2 450)
|
(2 429)
|
(2 512)
|
(2 608)
|
|
Selling, General & Administrative |
(552)
|
(566)
|
(530)
|
(494)
|
(496)
|
(492)
|
(537)
|
(586)
|
(600)
|
(733)
|
(803)
|
(813)
|
(847)
|
(809)
|
(763)
|
(794)
|
(814)
|
(873)
|
(975)
|
(1 000)
|
(1 016)
|
(975)
|
(966)
|
(984)
|
(962)
|
(950)
|
(918)
|
(927)
|
(984)
|
(1 002)
|
(957)
|
(963)
|
(1 018)
|
(1 070)
|
(1 156)
|
(1 243)
|
(1 277)
|
(1 384)
|
(1 483)
|
(1 474)
|
(1 421)
|
|
Research & Development |
(553)
|
(569)
|
(553)
|
(534)
|
(549)
|
(573)
|
(656)
|
(710)
|
(749)
|
(793)
|
(859)
|
(903)
|
(975)
|
(1 101)
|
(1 166)
|
(1 276)
|
(1 404)
|
(1 483)
|
(1 664)
|
(1 689)
|
(1 658)
|
(1 644)
|
(1 512)
|
(1 562)
|
(1 620)
|
(1 657)
|
(1 435)
|
(1 795)
|
(1 869)
|
(1 888)
|
(1 622)
|
(1 399)
|
(1 346)
|
(1 328)
|
(1 459)
|
(1 660)
|
(1 560)
|
(1 503)
|
(1 297)
|
(1 368)
|
(1 309)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(282)
|
0
|
0
|
0
|
(298)
|
0
|
0
|
0
|
(268)
|
0
|
0
|
0
|
(249)
|
(126)
|
(265)
|
|
Other Operating Expenses |
89
|
110
|
90
|
425
|
119
|
111
|
114
|
115
|
98
|
135
|
177
|
182
|
174
|
188
|
149
|
152
|
192
|
156
|
171
|
120
|
116
|
121
|
237
|
411
|
261
|
248
|
247
|
312
|
386
|
461
|
383
|
(38)
|
(42)
|
(74)
|
338
|
396
|
431
|
436
|
600
|
456
|
387
|
|
Operating Income |
2 272
N/A
|
2 401
+6%
|
2 466
+3%
|
2 788
+13%
|
2 423
-13%
|
2 384
-2%
|
2 600
+9%
|
2 708
+4%
|
2 850
+5%
|
3 161
+11%
|
3 387
+7%
|
3 413
+1%
|
3 559
+4%
|
3 921
+10%
|
4 663
+19%
|
5 247
+13%
|
5 669
+8%
|
5 935
+5%
|
6 252
+5%
|
6 161
-1%
|
5 715
-7%
|
5 380
-6%
|
4 501
-16%
|
3 974
-12%
|
3 412
-14%
|
3 053
-10%
|
2 719
-11%
|
2 391
-12%
|
2 373
-1%
|
1 995
-16%
|
1 733
-13%
|
2 341
+35%
|
2 418
+3%
|
2 250
-7%
|
1 821
-19%
|
1 479
-19%
|
1 326
-10%
|
1 340
+1%
|
1 346
+0%
|
777
-42%
|
844
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
125
|
139
|
46
|
1
|
(4)
|
(23)
|
(19)
|
(6)
|
5
|
27
|
44
|
24
|
19
|
(19)
|
(30)
|
(52)
|
(109)
|
(141)
|
(200)
|
(155)
|
(311)
|
(304)
|
(339)
|
(406)
|
(210)
|
(204)
|
(166)
|
(203)
|
(271)
|
(219)
|
(132)
|
(201)
|
(226)
|
(369)
|
(300)
|
(439)
|
(471)
|
(396)
|
(288)
|
(252)
|
(122)
|
|
Non-Reccuring Items |
(1)
|
325
|
323
|
0
|
326
|
0
|
0
|
0
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(56)
|
0
|
148
|
148
|
148
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
61
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(134)
|
86
|
148
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(63)
|
0
|
(47)
|
|
Pre-Tax Income |
2 396
N/A
|
2 865
+20%
|
2 835
-1%
|
2 789
-2%
|
2 745
-2%
|
2 361
-14%
|
2 581
+9%
|
2 702
+5%
|
2 859
+6%
|
3 192
+12%
|
3 435
+8%
|
3 437
+0%
|
3 578
+4%
|
3 902
+9%
|
4 633
+19%
|
5 195
+12%
|
5 560
+7%
|
5 794
+4%
|
5 996
+3%
|
6 006
+0%
|
5 552
-8%
|
5 224
-6%
|
4 310
-17%
|
3 569
-17%
|
3 201
-10%
|
2 850
-11%
|
2 552
-10%
|
2 188
-14%
|
2 102
-4%
|
1 776
-15%
|
1 648
-7%
|
2 140
+30%
|
2 192
+2%
|
1 880
-14%
|
1 413
-25%
|
1 039
-26%
|
856
-18%
|
944
+10%
|
861
-9%
|
611
-29%
|
823
+35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(284)
|
(329)
|
(263)
|
(265)
|
(268)
|
(234)
|
(270)
|
(273)
|
(283)
|
(307)
|
(325)
|
(311)
|
(357)
|
(436)
|
(609)
|
(728)
|
(763)
|
(731)
|
(671)
|
(617)
|
(575)
|
(640)
|
(514)
|
(467)
|
(414)
|
(340)
|
(330)
|
(345)
|
(329)
|
(273)
|
(147)
|
(156)
|
(83)
|
(26)
|
(120)
|
(88)
|
(209)
|
(276)
|
(231)
|
(216)
|
(252)
|
|
Income from Continuing Operations |
2 112
|
2 536
|
2 571
|
2 524
|
2 476
|
2 127
|
2 310
|
2 429
|
2 576
|
2 885
|
3 110
|
3 125
|
3 221
|
3 466
|
4 024
|
4 467
|
4 797
|
5 064
|
5 325
|
5 389
|
4 977
|
4 584
|
3 796
|
3 102
|
2 787
|
2 509
|
2 222
|
1 843
|
1 773
|
1 503
|
1 501
|
1 984
|
2 109
|
1 854
|
1 293
|
952
|
647
|
668
|
629
|
395
|
571
|
|
Income to Minority Interest |
6
|
7
|
6
|
7
|
5
|
7
|
7
|
8
|
8
|
(0)
|
(3)
|
(6)
|
(5)
|
(0)
|
1
|
2
|
1
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
6
|
2
|
(2)
|
6
|
23
|
38
|
99
|
128
|
192
|
227
|
170
|
|
Net Income (Common) |
2 118
N/A
|
2 543
+20%
|
2 578
+1%
|
2 531
-2%
|
2 482
-2%
|
2 134
-14%
|
2 318
+9%
|
2 437
+5%
|
2 584
+6%
|
2 885
+12%
|
3 107
+8%
|
3 119
+0%
|
3 216
+3%
|
3 466
+8%
|
4 026
+16%
|
4 469
+11%
|
4 798
+7%
|
5 063
+6%
|
5 325
+5%
|
5 389
+1%
|
4 976
-8%
|
4 584
-8%
|
3 796
-17%
|
3 102
-18%
|
2 787
-10%
|
2 509
-10%
|
2 222
-11%
|
1 843
-17%
|
1 773
-4%
|
1 508
-15%
|
1 507
0%
|
1 986
+32%
|
2 107
+6%
|
1 860
-12%
|
1 316
-29%
|
989
-25%
|
745
-25%
|
796
+7%
|
821
+3%
|
622
-24%
|
740
+19%
|
|
EPS (Diluted) |
1.72
N/A
|
2.06
+20%
|
2.09
+1%
|
2.06
-1%
|
2.02
-2%
|
1.74
-14%
|
1.89
+9%
|
1.98
+5%
|
2.1
+6%
|
2.34
+11%
|
2.53
+8%
|
2.53
N/A
|
2.61
+3%
|
2.82
+8%
|
3.28
+16%
|
3.64
+11%
|
3.91
+7%
|
4.12
+5%
|
4.35
+6%
|
4.41
+1%
|
4.07
-8%
|
3.72
-9%
|
3.11
-16%
|
2.55
-18%
|
2.28
-11%
|
2.07
-9%
|
1.84
-11%
|
1.4
-24%
|
1.61
+15%
|
1.24
-23%
|
1.25
+1%
|
1.64
+31%
|
1.75
+7%
|
1.52
-13%
|
1.09
-28%
|
0.82
-25%
|
0.62
-24%
|
0.67
+8%
|
0.69
+3%
|
0.5
-28%
|
0.62
+24%
|