Hisense Visual Technology Co Ltd
SSE:600060
Income Statement
Earnings Waterfall
Hisense Visual Technology Co Ltd
Revenue
|
53.6B
CNY
|
Cost of Revenue
|
-44.6B
CNY
|
Gross Profit
|
9B
CNY
|
Operating Expenses
|
-6.8B
CNY
|
Operating Income
|
2.2B
CNY
|
Other Expenses
|
-122.4m
CNY
|
Net Income
|
2.1B
CNY
|
Income Statement
Hisense Visual Technology Co Ltd
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 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
28 480
N/A
|
28 515
+0%
|
28 135
-1%
|
28 919
+3%
|
29 007
+0%
|
29 630
+2%
|
29 751
+0%
|
30 044
+1%
|
30 190
+0%
|
29 792
-1%
|
29 477
-1%
|
30 135
+2%
|
31 832
+6%
|
31 406
-1%
|
32 110
+2%
|
33 503
+4%
|
32 870
-2%
|
33 978
+3%
|
33 315
-2%
|
33 477
+0%
|
35 128
+5%
|
34 939
-1%
|
36 220
+4%
|
34 419
-5%
|
34 105
-1%
|
33 247
-3%
|
34 902
+5%
|
37 941
+9%
|
39 315
+4%
|
42 929
+9%
|
44 372
+3%
|
45 756
+3%
|
46 801
+2%
|
46 608
0%
|
46 057
-1%
|
45 391
-1%
|
45 738
+1%
|
47 037
+3%
|
50 399
+7%
|
52 453
+4%
|
53 616
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(23 477)
|
(23 605)
|
(23 386)
|
(24 108)
|
(24 177)
|
(24 747)
|
(24 962)
|
(25 225)
|
(25 077)
|
(24 699)
|
(24 369)
|
(24 971)
|
(26 609)
|
(26 682)
|
(27 398)
|
(29 021)
|
(28 432)
|
(29 476)
|
(28 822)
|
(28 636)
|
(30 050)
|
(30 051)
|
(30 972)
|
(29 160)
|
(28 043)
|
(27 360)
|
(28 541)
|
(31 399)
|
(32 348)
|
(35 420)
|
(36 914)
|
(38 160)
|
(39 488)
|
(39 345)
|
(38 685)
|
(37 719)
|
(37 460)
|
(38 616)
|
(41 590)
|
(43 478)
|
(44 637)
|
|
Gross Profit |
5 002
N/A
|
4 909
-2%
|
4 748
-3%
|
4 811
+1%
|
4 830
+0%
|
4 883
+1%
|
4 789
-2%
|
4 819
+1%
|
5 113
+6%
|
5 094
0%
|
5 110
+0%
|
5 166
+1%
|
5 224
+1%
|
4 724
-10%
|
4 711
0%
|
4 481
-5%
|
4 438
-1%
|
4 502
+1%
|
4 493
0%
|
4 841
+8%
|
5 078
+5%
|
4 887
-4%
|
5 247
+7%
|
5 257
+0%
|
6 062
+15%
|
5 886
-3%
|
6 360
+8%
|
6 543
+3%
|
6 967
+6%
|
7 510
+8%
|
7 459
-1%
|
7 596
+2%
|
7 313
-4%
|
7 263
-1%
|
7 373
+2%
|
7 672
+4%
|
8 278
+8%
|
8 421
+2%
|
8 809
+5%
|
8 975
+2%
|
8 978
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 355)
|
(3 330)
|
(3 382)
|
(3 410)
|
(3 493)
|
(3 545)
|
(3 443)
|
(3 517)
|
(3 645)
|
(3 581)
|
(3 513)
|
(3 498)
|
(3 454)
|
(3 319)
|
(3 318)
|
(3 215)
|
(3 400)
|
(3 337)
|
(3 487)
|
(4 196)
|
(4 744)
|
(4 872)
|
(5 261)
|
(5 024)
|
(5 593)
|
(5 352)
|
(5 489)
|
(5 568)
|
(5 737)
|
(6 074)
|
(6 139)
|
(6 216)
|
(6 055)
|
(5 845)
|
(5 836)
|
(5 823)
|
(6 277)
|
(6 246)
|
(6 551)
|
(6 615)
|
(6 760)
|
|
Selling, General & Administrative |
(3 274)
|
(3 248)
|
(3 286)
|
(3 350)
|
(3 498)
|
(3 481)
|
(3 385)
|
(3 458)
|
(3 649)
|
(3 522)
|
(3 476)
|
(3 436)
|
(2 866)
|
(3 202)
|
(3 255)
|
(3 221)
|
(2 890)
|
(2 614)
|
(2 522)
|
(2 757)
|
(3 736)
|
(3 650)
|
(3 944)
|
(3 841)
|
(4 400)
|
(4 062)
|
(4 115)
|
(4 138)
|
(4 277)
|
(4 486)
|
(4 521)
|
(4 547)
|
(4 413)
|
(4 123)
|
(4 087)
|
(4 020)
|
(4 427)
|
(4 302)
|
(4 474)
|
(4 514)
|
(4 733)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(591)
|
0
|
0
|
0
|
(747)
|
(955)
|
(1 188)
|
(1 602)
|
(1 194)
|
(1 304)
|
(1 404)
|
(1 353)
|
(1 426)
|
(1 482)
|
(1 509)
|
(1 595)
|
(1 740)
|
(1 794)
|
(1 891)
|
(1 902)
|
(1 851)
|
(1 886)
|
(1 917)
|
(2 008)
|
(2 080)
|
(2 134)
|
(2 254)
|
(2 300)
|
(2 379)
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(88)
|
|
Other Operating Expenses |
(82)
|
(82)
|
(95)
|
(60)
|
5
|
(65)
|
(58)
|
(58)
|
4
|
(58)
|
(37)
|
(62)
|
2
|
(115)
|
(61)
|
6
|
236
|
233
|
224
|
164
|
186
|
82
|
87
|
171
|
233
|
190
|
133
|
163
|
280
|
206
|
270
|
231
|
210
|
163
|
168
|
206
|
230
|
189
|
177
|
199
|
440
|
|
Operating Income |
1 647
N/A
|
1 579
-4%
|
1 366
-13%
|
1 400
+2%
|
1 337
-5%
|
1 337
N/A
|
1 345
+1%
|
1 302
-3%
|
1 468
+13%
|
1 513
+3%
|
1 597
+6%
|
1 669
+5%
|
1 770
+6%
|
1 406
-21%
|
1 394
-1%
|
1 266
-9%
|
1 038
-18%
|
1 165
+12%
|
1 006
-14%
|
645
-36%
|
335
-48%
|
16
-95%
|
(13)
N/A
|
235
N/A
|
468
+99%
|
535
+14%
|
872
+63%
|
975
+12%
|
1 230
+26%
|
1 435
+17%
|
1 319
-8%
|
1 379
+5%
|
1 258
-9%
|
1 417
+13%
|
1 536
+8%
|
1 849
+20%
|
2 001
+8%
|
2 175
+9%
|
2 258
+4%
|
2 360
+5%
|
2 218
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
138
|
142
|
142
|
148
|
83
|
79
|
66
|
62
|
20
|
14
|
31
|
15
|
66
|
96
|
87
|
72
|
100
|
85
|
108
|
208
|
266
|
267
|
270
|
260
|
273
|
304
|
344
|
346
|
400
|
383
|
419
|
437
|
351
|
363
|
318
|
228
|
322
|
424
|
460
|
551
|
548
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
6
|
0
|
2
|
2
|
5
|
5
|
3
|
3
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
17
|
17
|
22
|
18
|
2
|
2
|
(5)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
1
|
(1)
|
(2)
|
(6)
|
(5)
|
(6)
|
(5)
|
0
|
(14)
|
(14)
|
0
|
0
|
(19)
|
0
|
(1)
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
|
Total Other Income |
85
|
85
|
85
|
81
|
239
|
280
|
297
|
304
|
313
|
330
|
321
|
378
|
251
|
263
|
173
|
99
|
38
|
(68)
|
(9)
|
(20)
|
4
|
28
|
30
|
26
|
32
|
(12)
|
(19)
|
(7)
|
17
|
35
|
25
|
30
|
49
|
36
|
46
|
32
|
2
|
11
|
7
|
9
|
20
|
|
Pre-Tax Income |
1 870
N/A
|
1 806
-3%
|
1 593
-12%
|
1 629
+2%
|
1 659
+2%
|
1 695
+2%
|
1 706
+1%
|
1 662
-3%
|
1 788
+8%
|
1 852
+4%
|
1 945
+5%
|
2 062
+6%
|
2 071
+0%
|
1 751
-15%
|
1 654
-6%
|
1 437
-13%
|
1 163
-19%
|
1 183
+2%
|
1 107
-6%
|
835
-25%
|
605
-28%
|
317
-48%
|
292
-8%
|
526
+80%
|
763
+45%
|
827
+8%
|
1 197
+45%
|
1 314
+10%
|
1 644
+25%
|
1 853
+13%
|
1 762
-5%
|
1 846
+5%
|
1 655
-10%
|
1 817
+10%
|
1 917
+6%
|
2 127
+11%
|
2 347
+10%
|
2 628
+12%
|
2 727
+4%
|
2 923
+7%
|
2 782
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(247)
|
(240)
|
(194)
|
(217)
|
(216)
|
(226)
|
(238)
|
(224)
|
(252)
|
(280)
|
(311)
|
(327)
|
(282)
|
(228)
|
(219)
|
(177)
|
(136)
|
(137)
|
(92)
|
(55)
|
(59)
|
(6)
|
(8)
|
(4)
|
43
|
31
|
(28)
|
(61)
|
(118)
|
(133)
|
(116)
|
(127)
|
(60)
|
(80)
|
(60)
|
(27)
|
(195)
|
(219)
|
(245)
|
(335)
|
(232)
|
|
Income from Continuing Operations |
1 623
|
1 566
|
1 398
|
1 411
|
1 443
|
1 469
|
1 469
|
1 437
|
1 536
|
1 570
|
1 632
|
1 734
|
1 789
|
1 524
|
1 437
|
1 262
|
1 027
|
1 047
|
1 015
|
780
|
547
|
309
|
281
|
519
|
807
|
857
|
1 169
|
1 252
|
1 526
|
1 718
|
1 644
|
1 719
|
1 595
|
1 736
|
1 857
|
2 100
|
2 151
|
2 409
|
2 482
|
2 588
|
2 550
|
|
Income to Minority Interest |
(39)
|
(21)
|
(12)
|
(35)
|
(43)
|
(42)
|
(56)
|
(28)
|
(48)
|
(33)
|
(28)
|
(34)
|
(30)
|
(28)
|
(22)
|
(43)
|
(61)
|
(71)
|
(109)
|
(77)
|
(154)
|
(168)
|
(163)
|
(198)
|
(251)
|
(277)
|
(309)
|
(386)
|
(330)
|
(371)
|
(426)
|
(472)
|
(457)
|
(503)
|
(514)
|
(481)
|
(472)
|
(408)
|
(360)
|
(388)
|
(454)
|
|
Net Income (Common) |
1 583
N/A
|
1 544
-2%
|
1 385
-10%
|
1 375
-1%
|
1 400
+2%
|
1 426
+2%
|
1 412
-1%
|
1 409
0%
|
1 489
+6%
|
1 538
+3%
|
1 605
+4%
|
1 701
+6%
|
1 759
+3%
|
1 496
-15%
|
1 414
-5%
|
1 219
-14%
|
967
-21%
|
976
+1%
|
907
-7%
|
703
-22%
|
392
-44%
|
142
-64%
|
119
-16%
|
321
+170%
|
556
+73%
|
579
+4%
|
858
+48%
|
866
+1%
|
1 195
+38%
|
1 347
+13%
|
1 219
-10%
|
1 246
+2%
|
1 138
-9%
|
1 233
+8%
|
1 343
+9%
|
1 619
+21%
|
1 679
+4%
|
2 001
+19%
|
2 122
+6%
|
2 200
+4%
|
2 096
-5%
|
|
EPS (Diluted) |
1.21
N/A
|
1.18
-2%
|
1.06
-10%
|
1.05
-1%
|
1.07
+2%
|
1.09
+2%
|
1.08
-1%
|
1.08
N/A
|
1.14
+6%
|
1.18
+4%
|
1.23
+4%
|
1.3
+6%
|
1.34
+3%
|
1.14
-15%
|
1.08
-5%
|
0.94
-13%
|
0.74
-21%
|
0.75
+1%
|
0.69
-8%
|
0.48
-30%
|
0.3
-38%
|
0.1
-67%
|
0.09
-10%
|
0.24
+167%
|
0.43
+79%
|
0.45
+5%
|
0.66
+47%
|
0.67
+2%
|
0.91
+36%
|
1.03
+13%
|
0.93
-10%
|
0.95
+2%
|
0.87
-8%
|
0.95
+9%
|
1.03
+8%
|
1.17
+14%
|
1.29
+10%
|
1.53
+19%
|
1.61
+5%
|
1.69
+5%
|
1.61
-5%
|