Solid Automotive Bhd
KLSE:SOLID
Income Statement
Earnings Waterfall
Solid Automotive Bhd
Income Statement
Solid Automotive Bhd
| Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | Apr-2025 | Jul-2025 | Oct-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
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
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
118
N/A
|
122
+4%
|
128
+4%
|
130
+2%
|
133
+2%
|
130
-2%
|
127
-2%
|
123
-3%
|
121
-2%
|
122
+1%
|
122
-1%
|
122
+1%
|
125
+2%
|
128
+2%
|
126
-2%
|
131
+4%
|
129
-1%
|
126
-2%
|
132
+4%
|
138
+5%
|
167
+21%
|
202
+21%
|
239
+18%
|
260
+9%
|
241
-7%
|
250
+4%
|
254
+2%
|
270
+6%
|
304
+13%
|
289
-5%
|
289
0%
|
293
+1%
|
298
+2%
|
332
+11%
|
345
+4%
|
345
0%
|
347
+1%
|
337
-3%
|
332
-2%
|
334
+1%
|
331
-1%
|
340
+3%
|
343
+1%
|
346
+1%
|
353
+2%
|
346
-2%
|
347
+0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(83)
|
(86)
|
(91)
|
(93)
|
(96)
|
(93)
|
(90)
|
(87)
|
(88)
|
(89)
|
(89)
|
(90)
|
(91)
|
(93)
|
(92)
|
(95)
|
(94)
|
(92)
|
(96)
|
(102)
|
(123)
|
(149)
|
(178)
|
(194)
|
(186)
|
(195)
|
(201)
|
(212)
|
(235)
|
(222)
|
(221)
|
(226)
|
(230)
|
(256)
|
(267)
|
(268)
|
(270)
|
(263)
|
(259)
|
(261)
|
(258)
|
(267)
|
(269)
|
(270)
|
(276)
|
(268)
|
(269)
|
|
| Gross Profit |
35
N/A
|
36
+3%
|
36
+1%
|
37
+2%
|
38
+2%
|
37
-2%
|
37
+0%
|
36
-4%
|
33
-7%
|
33
+0%
|
32
-3%
|
32
+1%
|
35
+7%
|
35
+1%
|
35
-2%
|
36
+4%
|
35
-3%
|
34
-1%
|
36
+3%
|
36
+1%
|
44
+22%
|
53
+20%
|
61
+15%
|
66
+8%
|
56
-15%
|
54
-2%
|
53
-2%
|
58
+8%
|
70
+21%
|
67
-4%
|
67
+0%
|
67
-1%
|
68
+2%
|
76
+11%
|
78
+3%
|
77
-1%
|
76
-1%
|
75
-2%
|
73
-3%
|
73
+0%
|
73
0%
|
73
0%
|
74
+1%
|
75
+3%
|
77
+2%
|
78
+2%
|
77
-1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(22)
|
(22)
|
(20)
|
(21)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
(25)
|
(26)
|
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(30)
|
(31)
|
(33)
|
(40)
|
(48)
|
(56)
|
(60)
|
(58)
|
(56)
|
(53)
|
(52)
|
(51)
|
(50)
|
(51)
|
(53)
|
(57)
|
(60)
|
(62)
|
(62)
|
(61)
|
(62)
|
(61)
|
(61)
|
(30)
|
(32)
|
(34)
|
(35)
|
(67)
|
(68)
|
(66)
|
|
| Selling, General & Administrative |
(23)
|
(23)
|
(22)
|
(23)
|
(25)
|
(26)
|
(28)
|
(27)
|
(27)
|
(28)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(32)
|
(32)
|
(33)
|
(34)
|
(36)
|
(23)
|
(27)
|
(25)
|
(24)
|
(32)
|
(31)
|
(30)
|
(28)
|
(32)
|
(33)
|
(36)
|
(37)
|
(36)
|
(37)
|
(39)
|
(39)
|
(39)
|
(40)
|
(40)
|
(41)
|
(42)
|
(43)
|
(44)
|
(43)
|
(45)
|
(45)
|
(45)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(1)
|
(1)
|
(2)
|
(6)
|
(6)
|
(6)
|
(8)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
|
| Other Operating Expenses |
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
(14)
|
(19)
|
(29)
|
(34)
|
(21)
|
(18)
|
(16)
|
(15)
|
(14)
|
(12)
|
(10)
|
(12)
|
(16)
|
(18)
|
(18)
|
(17)
|
(16)
|
(17)
|
(16)
|
(15)
|
17
|
16
|
16
|
14
|
(17)
|
(18)
|
(16)
|
|
| Operating Income |
13
N/A
|
14
+10%
|
16
+13%
|
16
-1%
|
14
-11%
|
13
-6%
|
13
-3%
|
12
-9%
|
9
-19%
|
9
-5%
|
7
-18%
|
7
-11%
|
9
+35%
|
8
-9%
|
7
-16%
|
8
+12%
|
5
-34%
|
4
-11%
|
5
+3%
|
3
-33%
|
4
+34%
|
5
+26%
|
5
-1%
|
6
+16%
|
(2)
N/A
|
(1)
+46%
|
1
N/A
|
6
+823%
|
19
+223%
|
17
-10%
|
16
-5%
|
14
-17%
|
12
-14%
|
16
+33%
|
16
+4%
|
15
-6%
|
16
+1%
|
13
-16%
|
12
-9%
|
12
-3%
|
43
+269%
|
41
-4%
|
40
-1%
|
41
+2%
|
10
-76%
|
10
+1%
|
11
+11%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
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
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
11
N/A
|
12
+11%
|
14
+14%
|
14
-2%
|
13
-2%
|
12
-7%
|
12
-4%
|
11
-9%
|
8
-22%
|
8
-4%
|
7
-19%
|
6
-13%
|
8
+42%
|
7
-9%
|
6
-16%
|
7
+14%
|
4
-36%
|
4
-14%
|
4
+0%
|
2
-45%
|
2
+18%
|
3
+37%
|
3
-12%
|
3
+9%
|
(5)
N/A
|
(4)
+26%
|
(2)
+47%
|
3
N/A
|
17
+427%
|
16
-8%
|
15
-6%
|
12
-16%
|
9
-30%
|
13
+44%
|
13
+5%
|
12
-12%
|
12
+7%
|
9
-23%
|
8
-13%
|
8
-4%
|
39
+392%
|
39
0%
|
39
+2%
|
40
+2%
|
8
-81%
|
8
+6%
|
9
+10%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
7
|
8
|
10
|
10
|
9
|
9
|
8
|
7
|
6
|
5
|
4
|
3
|
5
|
5
|
4
|
5
|
3
|
2
|
2
|
1
|
2
|
3
|
2
|
3
|
(7)
|
(5)
|
(3)
|
2
|
15
|
14
|
13
|
10
|
7
|
10
|
10
|
8
|
10
|
7
|
6
|
6
|
38
|
38
|
38
|
39
|
7
|
7
|
8
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
8
N/A
|
9
+14%
|
10
+20%
|
10
-4%
|
10
-3%
|
9
-8%
|
8
-5%
|
7
-11%
|
6
-23%
|
5
-5%
|
4
-25%
|
3
-18%
|
5
+53%
|
5
-10%
|
4
-17%
|
5
+22%
|
3
-42%
|
2
-18%
|
2
+7%
|
1
-53%
|
1
+30%
|
2
+60%
|
2
-27%
|
2
+19%
|
(7)
N/A
|
(5)
+23%
|
(3)
+37%
|
2
N/A
|
15
+719%
|
14
-10%
|
13
-6%
|
10
-21%
|
7
-36%
|
10
+50%
|
10
0%
|
8
-18%
|
10
+19%
|
7
-27%
|
6
-15%
|
6
+3%
|
38
+503%
|
38
0%
|
38
+3%
|
39
+2%
|
7
-83%
|
7
+9%
|
8
+5%
|
|
| EPS (Diluted) |
0.02
N/A
|
0.03
+50%
|
0.04
+33%
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|
0
N/A
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.01
-50%
|
0.01
N/A
|
0.01
N/A
|
0.07
+600%
|
0.07
N/A
|
0.07
N/A
|
0.08
+14%
|
0.01
-88%
|
0.01
N/A
|
0.01
N/A
|
|