Harbin Air Conditioning Co Ltd
SSE:600202
Income Statement
Earnings Waterfall
Harbin Air Conditioning Co Ltd
Revenue
|
1.5B
CNY
|
Cost of Revenue
|
-1.3B
CNY
|
Gross Profit
|
196.6m
CNY
|
Operating Expenses
|
-139.6m
CNY
|
Operating Income
|
57m
CNY
|
Other Expenses
|
-31.7m
CNY
|
Net Income
|
25.2m
CNY
|
Income Statement
Harbin Air Conditioning Co Ltd
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 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
978
N/A
|
880
-10%
|
810
-8%
|
810
+0%
|
861
+6%
|
1 059
+23%
|
1 103
+4%
|
969
-12%
|
802
-17%
|
757
-6%
|
634
-16%
|
573
-10%
|
533
-7%
|
265
-50%
|
240
-9%
|
208
-14%
|
276
+33%
|
274
-1%
|
293
+7%
|
381
+30%
|
433
+14%
|
769
+77%
|
866
+13%
|
1 009
+16%
|
1 085
+8%
|
905
-17%
|
897
-1%
|
903
+1%
|
854
-5%
|
917
+7%
|
929
+1%
|
913
-2%
|
905
-1%
|
853
-6%
|
874
+2%
|
856
-2%
|
896
+5%
|
1 103
+23%
|
1 172
+6%
|
1 351
+15%
|
1 477
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(796)
|
(737)
|
(675)
|
(642)
|
(683)
|
(813)
|
(853)
|
(761)
|
(635)
|
(619)
|
(530)
|
(489)
|
(459)
|
(256)
|
(239)
|
(208)
|
(257)
|
(256)
|
(276)
|
(342)
|
(380)
|
(601)
|
(674)
|
(776)
|
(830)
|
(685)
|
(694)
|
(705)
|
(682)
|
(741)
|
(760)
|
(815)
|
(822)
|
(790)
|
(817)
|
(766)
|
(783)
|
(943)
|
(1 006)
|
(1 168)
|
(1 281)
|
|
Gross Profit |
182
N/A
|
143
-22%
|
135
-5%
|
168
+24%
|
178
+6%
|
247
+39%
|
250
+1%
|
208
-17%
|
166
-20%
|
138
-17%
|
104
-25%
|
84
-19%
|
74
-12%
|
9
-88%
|
1
-88%
|
(0)
N/A
|
19
N/A
|
18
-6%
|
17
-6%
|
40
+139%
|
53
+34%
|
168
+217%
|
192
+15%
|
232
+21%
|
256
+10%
|
220
-14%
|
204
-8%
|
197
-3%
|
172
-13%
|
177
+3%
|
169
-4%
|
98
-42%
|
82
-16%
|
62
-24%
|
57
-9%
|
90
+59%
|
113
+26%
|
160
+42%
|
165
+3%
|
183
+11%
|
197
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(155)
|
(192)
|
(188)
|
(182)
|
(173)
|
(168)
|
(158)
|
(149)
|
(155)
|
(144)
|
(139)
|
(131)
|
(128)
|
(173)
|
(167)
|
(161)
|
(148)
|
(101)
|
(86)
|
(87)
|
(73)
|
(122)
|
(120)
|
(139)
|
(176)
|
(147)
|
(122)
|
(111)
|
(94)
|
(106)
|
(95)
|
(108)
|
(105)
|
(107)
|
(92)
|
(77)
|
(78)
|
(120)
|
(118)
|
(129)
|
(140)
|
|
Selling, General & Administrative |
(133)
|
(154)
|
(160)
|
(171)
|
(161)
|
(130)
|
(151)
|
(143)
|
(149)
|
(114)
|
(142)
|
(134)
|
(132)
|
(148)
|
(131)
|
(128)
|
(113)
|
(88)
|
(93)
|
(93)
|
(97)
|
(101)
|
(109)
|
(121)
|
(133)
|
(115)
|
(104)
|
(93)
|
(77)
|
(60)
|
(60)
|
(69)
|
(67)
|
(77)
|
(69)
|
(59)
|
(61)
|
(80)
|
(87)
|
(93)
|
(100)
|
|
Research & Development |
0
|
(30)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
(3)
|
(15)
|
0
|
0
|
(3)
|
(22)
|
(21)
|
(31)
|
(36)
|
(34)
|
(33)
|
(32)
|
(30)
|
(34)
|
(36)
|
(41)
|
(40)
|
(32)
|
(32)
|
(26)
|
(25)
|
(35)
|
(38)
|
(43)
|
(47)
|
|
Depreciation & Amortization |
0
|
(6)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(22)
|
(2)
|
(28)
|
(12)
|
(12)
|
(1)
|
(7)
|
(7)
|
(7)
|
(0)
|
3
|
4
|
4
|
(1)
|
(37)
|
(33)
|
(31)
|
7
|
8
|
6
|
28
|
7
|
9
|
12
|
(7)
|
7
|
15
|
14
|
12
|
(7)
|
0
|
2
|
2
|
7
|
9
|
8
|
9
|
(0)
|
8
|
7
|
7
|
|
Operating Income |
27
N/A
|
(49)
N/A
|
(53)
-8%
|
(15)
+72%
|
5
N/A
|
79
+1 615%
|
92
+16%
|
59
-36%
|
11
-81%
|
(5)
N/A
|
(35)
-580%
|
(47)
-35%
|
(54)
-16%
|
(164)
-201%
|
(166)
-2%
|
(161)
+3%
|
(129)
+20%
|
(84)
+35%
|
(69)
+18%
|
(48)
+31%
|
(20)
+59%
|
45
N/A
|
72
+58%
|
93
+30%
|
80
-14%
|
73
-9%
|
81
+12%
|
86
+6%
|
78
-10%
|
71
-9%
|
73
+4%
|
(11)
N/A
|
(23)
-117%
|
(44)
-94%
|
(35)
+20%
|
13
N/A
|
35
+177%
|
40
+13%
|
48
+19%
|
54
+13%
|
57
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(64)
|
(62)
|
(66)
|
(72)
|
(74)
|
(66)
|
(66)
|
(42)
|
(41)
|
(41)
|
11
|
(2)
|
6
|
(50)
|
(45)
|
(32)
|
(32)
|
(16)
|
(17)
|
(25)
|
(22)
|
(21)
|
(23)
|
(24)
|
(25)
|
(24)
|
(37)
|
(41)
|
(39)
|
(35)
|
(38)
|
(37)
|
(37)
|
(23)
|
(33)
|
(22)
|
(14)
|
(12)
|
(19)
|
(18)
|
(30)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
50
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
19
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
0
|
0
|
17
|
17
|
157
|
157
|
140
|
139
|
(1)
|
6
|
7
|
7
|
7
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
2
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
2
|
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
|
|
Total Other Income |
21
|
5
|
5
|
5
|
6
|
13
|
11
|
11
|
21
|
8
|
10
|
10
|
(0)
|
16
|
15
|
11
|
9
|
0
|
(7)
|
(5)
|
(5)
|
0
|
(0)
|
(0)
|
(0)
|
4
|
5
|
4
|
8
|
4
|
4
|
(7)
|
(11)
|
(11)
|
(10)
|
3
|
9
|
8
|
7
|
11
|
1
|
|
Pre-Tax Income |
(16)
N/A
|
(105)
-554%
|
(114)
-9%
|
(82)
+28%
|
(64)
+22%
|
24
N/A
|
37
+53%
|
27
-27%
|
(9)
N/A
|
13
N/A
|
(14)
N/A
|
(39)
-180%
|
(49)
-25%
|
(198)
-303%
|
(197)
+1%
|
(181)
+8%
|
(152)
+16%
|
(102)
+32%
|
(93)
+9%
|
(59)
+36%
|
(47)
+21%
|
25
N/A
|
49
+97%
|
50
+3%
|
55
+9%
|
53
-3%
|
49
-6%
|
48
-2%
|
46
-4%
|
56
+22%
|
57
+1%
|
103
+82%
|
86
-16%
|
61
-29%
|
61
+0%
|
(8)
N/A
|
37
N/A
|
42
+14%
|
42
+0%
|
54
+28%
|
27
-50%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
17
|
16
|
14
|
14
|
(2)
|
(1)
|
1
|
1
|
1
|
1
|
6
|
0
|
17
|
0
|
12
|
0
|
15
|
0
|
11
|
0
|
(4)
|
0
|
(4)
|
(4)
|
(2)
|
0
|
(4)
|
(4)
|
(6)
|
0
|
(13)
|
(13)
|
6
|
6
|
15
|
11
|
(1)
|
(1)
|
(3)
|
3
|
|
Income from Continuing Operations |
(17)
|
(88)
|
(98)
|
(68)
|
(49)
|
23
|
36
|
28
|
(8)
|
14
|
(13)
|
(34)
|
(44)
|
(181)
|
(180)
|
(169)
|
(139)
|
(88)
|
(78)
|
(48)
|
(36)
|
21
|
45
|
46
|
50
|
51
|
47
|
44
|
42
|
51
|
51
|
90
|
73
|
67
|
67
|
7
|
48
|
41
|
41
|
52
|
30
|
|
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
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
Net Income (Common) |
(17)
N/A
|
(88)
-406%
|
(98)
-11%
|
(68)
+31%
|
(49)
+27%
|
23
N/A
|
36
+58%
|
28
-22%
|
(8)
N/A
|
14
N/A
|
(13)
N/A
|
(34)
-153%
|
(44)
-30%
|
(181)
-315%
|
(180)
+1%
|
(169)
+6%
|
(139)
+18%
|
(88)
+37%
|
(78)
+11%
|
(48)
+38%
|
(36)
+25%
|
21
N/A
|
45
+115%
|
46
+3%
|
50
+10%
|
51
+0%
|
47
-7%
|
44
-6%
|
42
-5%
|
50
+20%
|
51
+1%
|
90
+77%
|
73
-19%
|
66
-10%
|
66
+0%
|
7
-90%
|
47
+623%
|
37
-21%
|
38
+2%
|
48
+26%
|
25
-48%
|
|
EPS (Diluted) |
-0.05
N/A
|
-0.23
-360%
|
-0.25
-9%
|
-0.17
+32%
|
-0.13
+24%
|
0.06
N/A
|
0.08
+33%
|
0.06
-25%
|
-0.03
N/A
|
0.04
N/A
|
-0.04
N/A
|
-0.09
-125%
|
-0.12
-33%
|
-0.47
-292%
|
-0.48
-2%
|
-0.45
+6%
|
-0.37
+18%
|
-0.23
+38%
|
-0.2
+13%
|
-0.12
+40%
|
-0.09
+25%
|
0.05
N/A
|
0.12
+140%
|
0.12
N/A
|
0.13
+8%
|
0.13
N/A
|
0.12
-8%
|
0.11
-8%
|
0.11
N/A
|
0.13
+18%
|
0.13
N/A
|
0.23
+77%
|
0.19
-17%
|
0.17
-11%
|
0.17
N/A
|
0.02
-88%
|
0.12
+500%
|
0.1
-17%
|
0.1
N/A
|
0.13
+30%
|
0.07
-46%
|