Nanjing Panda Electronics Co Ltd
SSE:600775
Income Statement
Earnings Waterfall
Nanjing Panda Electronics Co Ltd
Revenue
|
2.9B
CNY
|
Cost of Revenue
|
-2.4B
CNY
|
Gross Profit
|
507.7m
CNY
|
Operating Expenses
|
-522.2m
CNY
|
Operating Income
|
-14.6m
CNY
|
Other Expenses
|
-223.3m
CNY
|
Net Income
|
-237.9m
CNY
|
Income Statement
Nanjing Panda Electronics 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 |
2 480
N/A
|
2 843
+15%
|
3 119
+10%
|
3 497
+12%
|
3 488
0%
|
4 216
+21%
|
4 212
0%
|
4 155
-1%
|
3 614
-13%
|
3 430
-5%
|
3 485
+2%
|
3 604
+3%
|
3 703
+3%
|
3 868
+4%
|
3 935
+2%
|
4 074
+4%
|
4 192
+3%
|
4 368
+4%
|
4 434
+1%
|
4 418
0%
|
4 501
+2%
|
4 542
+1%
|
4 636
+2%
|
4 614
0%
|
4 660
+1%
|
4 295
-8%
|
4 245
-1%
|
4 222
-1%
|
3 952
-6%
|
4 233
+7%
|
4 408
+4%
|
4 523
+3%
|
4 532
+0%
|
4 600
+2%
|
4 396
-4%
|
4 146
-6%
|
4 154
+0%
|
3 652
-12%
|
3 484
-5%
|
3 151
-10%
|
2 912
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 148)
|
(2 455)
|
(2 706)
|
(3 025)
|
(2 997)
|
(3 601)
|
(3 604)
|
(3 529)
|
(3 118)
|
(2 961)
|
(3 011)
|
(3 130)
|
(3 183)
|
(3 348)
|
(3 386)
|
(3 521)
|
(3 601)
|
(3 757)
|
(3 818)
|
(3 789)
|
(3 781)
|
(3 843)
|
(3 922)
|
(3 933)
|
(3 986)
|
(3 674)
|
(3 631)
|
(3 605)
|
(3 363)
|
(3 609)
|
(3 799)
|
(3 928)
|
(3 980)
|
(4 055)
|
(3 865)
|
(3 605)
|
(3 572)
|
(3 142)
|
(2 974)
|
(2 677)
|
(2 405)
|
|
Gross Profit |
332
N/A
|
388
+17%
|
413
+6%
|
472
+14%
|
491
+4%
|
615
+25%
|
608
-1%
|
627
+3%
|
496
-21%
|
469
-5%
|
474
+1%
|
474
+0%
|
520
+10%
|
521
+0%
|
549
+6%
|
553
+1%
|
591
+7%
|
612
+3%
|
616
+1%
|
630
+2%
|
720
+14%
|
699
-3%
|
714
+2%
|
681
-5%
|
674
-1%
|
620
-8%
|
614
-1%
|
617
+0%
|
589
-5%
|
624
+6%
|
609
-2%
|
595
-2%
|
552
-7%
|
545
-1%
|
531
-3%
|
541
+2%
|
583
+8%
|
510
-13%
|
510
+0%
|
473
-7%
|
508
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(396)
|
(420)
|
(441)
|
(465)
|
(463)
|
(535)
|
(533)
|
(548)
|
(494)
|
(510)
|
(526)
|
(502)
|
(491)
|
(481)
|
(463)
|
(505)
|
(507)
|
(496)
|
(510)
|
(497)
|
(552)
|
(548)
|
(553)
|
(541)
|
(571)
|
(590)
|
(568)
|
(568)
|
(528)
|
(543)
|
(548)
|
(559)
|
(535)
|
(544)
|
(543)
|
(533)
|
(555)
|
(517)
|
(537)
|
(529)
|
(522)
|
|
Selling, General & Administrative |
(339)
|
(359)
|
(377)
|
(401)
|
(262)
|
(504)
|
(509)
|
(523)
|
(280)
|
(484)
|
(502)
|
(483)
|
(268)
|
(473)
|
(365)
|
(325)
|
(266)
|
(337)
|
(334)
|
(332)
|
(290)
|
(274)
|
(319)
|
(319)
|
(306)
|
(338)
|
(347)
|
(345)
|
(287)
|
(325)
|
(324)
|
(343)
|
(297)
|
(319)
|
(318)
|
(303)
|
(328)
|
(345)
|
(361)
|
(362)
|
(306)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(179)
|
0
|
0
|
0
|
(183)
|
0
|
0
|
0
|
(188)
|
0
|
(83)
|
(148)
|
(205)
|
0
|
0
|
(68)
|
(212)
|
(172)
|
(219)
|
(208)
|
(222)
|
(237)
|
(218)
|
(221)
|
(191)
|
(212)
|
(226)
|
(216)
|
(199)
|
(224)
|
(224)
|
(229)
|
(196)
|
(192)
|
(194)
|
(189)
|
(199)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(37)
|
|
Other Operating Expenses |
(57)
|
(61)
|
(64)
|
(64)
|
(2)
|
(31)
|
(25)
|
(25)
|
(3)
|
(26)
|
(24)
|
(20)
|
(3)
|
(8)
|
(15)
|
(33)
|
(0)
|
(159)
|
(176)
|
(98)
|
(0)
|
(103)
|
(15)
|
(14)
|
19
|
(16)
|
(2)
|
(1)
|
14
|
(6)
|
2
|
1
|
15
|
(1)
|
(1)
|
(1)
|
24
|
20
|
19
|
22
|
20
|
|
Operating Income |
(64)
N/A
|
(31)
+51%
|
(28)
+12%
|
7
N/A
|
27
+303%
|
79
+193%
|
75
-5%
|
79
+6%
|
2
-98%
|
(41)
N/A
|
(52)
-27%
|
(28)
+46%
|
29
N/A
|
39
+36%
|
86
+119%
|
48
-44%
|
85
+75%
|
115
+36%
|
106
-8%
|
133
+25%
|
168
+26%
|
151
-10%
|
161
+7%
|
140
-13%
|
103
-27%
|
30
-71%
|
46
+54%
|
49
+6%
|
62
+25%
|
81
+32%
|
61
-26%
|
36
-40%
|
16
-56%
|
2
-88%
|
(12)
N/A
|
8
N/A
|
27
+224%
|
(7)
N/A
|
(27)
-267%
|
(55)
-106%
|
(15)
+74%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
128
|
124
|
107
|
59
|
163
|
134
|
171
|
190
|
221
|
244
|
189
|
165
|
116
|
80
|
74
|
93
|
100
|
81
|
90
|
90
|
59
|
61
|
57
|
58
|
63
|
51
|
51
|
44
|
86
|
92
|
91
|
90
|
92
|
93
|
94
|
76
|
85
|
94
|
93
|
130
|
72
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(8)
|
(2)
|
(2)
|
(2)
|
(8)
|
(1)
|
(1)
|
(1)
|
(9)
|
(1)
|
(1)
|
(0)
|
(22)
|
0
|
0
|
0
|
(7)
|
(0)
|
(1)
|
(1)
|
(7)
|
(1)
|
0
|
0
|
(13)
|
0
|
0
|
(0)
|
(236)
|
|
Gain/Loss on Disposition of Assets |
0
|
(2)
|
10
|
11
|
(0)
|
10
|
(0)
|
(1)
|
(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
|
1
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
139
|
132
|
153
|
142
|
46
|
48
|
23
|
24
|
12
|
26
|
54
|
53
|
65
|
56
|
31
|
35
|
11
|
6
|
3
|
1
|
34
|
32
|
34
|
34
|
4
|
4
|
8
|
7
|
12
|
12
|
6
|
5
|
5
|
5
|
5
|
5
|
1
|
2
|
2
|
1
|
5
|
|
Pre-Tax Income |
201
N/A
|
222
+11%
|
242
+9%
|
218
-10%
|
221
+2%
|
271
+23%
|
269
-1%
|
293
+9%
|
223
-24%
|
229
+3%
|
191
-17%
|
187
-2%
|
202
+8%
|
173
-14%
|
189
+9%
|
174
-8%
|
186
+7%
|
202
+8%
|
197
-2%
|
222
+13%
|
251
+13%
|
243
-3%
|
251
+3%
|
231
-8%
|
147
-36%
|
85
-43%
|
106
+25%
|
100
-5%
|
152
+52%
|
185
+22%
|
157
-15%
|
131
-17%
|
106
-19%
|
98
-7%
|
86
-13%
|
89
+3%
|
101
+13%
|
89
-12%
|
68
-23%
|
75
+10%
|
(174)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(17)
|
(29)
|
(30)
|
(24)
|
(35)
|
(35)
|
(41)
|
(34)
|
(34)
|
(34)
|
(33)
|
(33)
|
(32)
|
(32)
|
(33)
|
(30)
|
(32)
|
(30)
|
(31)
|
(39)
|
(40)
|
(45)
|
(47)
|
(34)
|
(32)
|
(29)
|
(27)
|
(34)
|
(35)
|
(33)
|
(33)
|
(26)
|
(24)
|
(19)
|
(14)
|
(20)
|
(18)
|
(18)
|
(22)
|
(21)
|
|
Income from Continuing Operations |
189
|
205
|
213
|
187
|
196
|
236
|
233
|
252
|
189
|
195
|
157
|
154
|
169
|
141
|
158
|
141
|
156
|
170
|
167
|
190
|
213
|
203
|
206
|
185
|
114
|
53
|
77
|
73
|
118
|
150
|
124
|
98
|
80
|
74
|
67
|
75
|
81
|
70
|
50
|
53
|
(194)
|
|
Income to Minority Interest |
(6)
|
(18)
|
(28)
|
(40)
|
(43)
|
(77)
|
(77)
|
(80)
|
(45)
|
(45)
|
(46)
|
(44)
|
(50)
|
(49)
|
(48)
|
(50)
|
(49)
|
(47)
|
(53)
|
(53)
|
(51)
|
(54)
|
(53)
|
(57)
|
(61)
|
(55)
|
(53)
|
(44)
|
(41)
|
(45)
|
(41)
|
(41)
|
(38)
|
(36)
|
(31)
|
(32)
|
(41)
|
(43)
|
(49)
|
(49)
|
(44)
|
|
Net Income (Common) |
183
N/A
|
188
+3%
|
185
-1%
|
147
-20%
|
153
+4%
|
159
+4%
|
157
-2%
|
172
+10%
|
144
-16%
|
150
+4%
|
111
-26%
|
110
-1%
|
119
+8%
|
92
-23%
|
110
+19%
|
91
-17%
|
107
+18%
|
123
+15%
|
114
-8%
|
137
+21%
|
162
+18%
|
149
-8%
|
153
+3%
|
128
-16%
|
53
-59%
|
(2)
N/A
|
24
N/A
|
29
+23%
|
77
+168%
|
105
+36%
|
83
-21%
|
57
-31%
|
42
-27%
|
38
-9%
|
36
-6%
|
43
+20%
|
40
-7%
|
27
-32%
|
1
-96%
|
5
+301%
|
(238)
N/A
|
|
EPS (Diluted) |
0.2
N/A
|
0.2
N/A
|
0.2
N/A
|
0.16
-20%
|
0.17
+6%
|
0.16
-6%
|
0.16
N/A
|
0.18
+13%
|
0.16
-11%
|
0.16
N/A
|
0.12
-25%
|
0.12
N/A
|
0.13
+8%
|
0.1
-23%
|
0.12
+20%
|
0.1
-17%
|
0.12
+20%
|
0.14
+17%
|
0.13
-7%
|
0.15
+15%
|
0.18
+20%
|
0.16
-11%
|
0.16
N/A
|
0.14
-13%
|
0.06
-57%
|
0.01
-83%
|
0.04
+300%
|
0.04
N/A
|
0.08
+100%
|
0.12
+50%
|
0.09
-25%
|
0.07
-22%
|
0.05
-29%
|
0.04
-20%
|
0.04
N/A
|
0.05
+25%
|
0.04
-20%
|
0.03
-25%
|
0
N/A
|
0.01
N/A
|
-0.26
N/A
|