CETC Digital Technology Co Ltd
SSE:600850
Income Statement
Earnings Waterfall
CETC Digital Technology Co Ltd
Revenue
|
10B
CNY
|
Cost of Revenue
|
-8B
CNY
|
Gross Profit
|
2B
CNY
|
Operating Expenses
|
-1.5B
CNY
|
Operating Income
|
546.1m
CNY
|
Other Expenses
|
-49m
CNY
|
Net Income
|
497m
CNY
|
Income Statement
CETC Digital 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 |
5 577
N/A
|
5 710
+2%
|
5 776
+1%
|
5 755
0%
|
5 751
0%
|
5 592
-3%
|
5 692
+2%
|
5 775
+1%
|
6 061
+5%
|
6 276
+4%
|
6 305
+0%
|
6 295
0%
|
6 058
-4%
|
6 192
+2%
|
6 348
+3%
|
6 601
+4%
|
6 597
0%
|
6 715
+2%
|
6 878
+2%
|
7 092
+3%
|
7 303
+3%
|
7 508
+3%
|
7 507
0%
|
7 538
+0%
|
7 779
+3%
|
7 463
-4%
|
7 542
+1%
|
7 792
+3%
|
8 130
+4%
|
8 375
+3%
|
9 152
+9%
|
9 798
+7%
|
9 469
-3%
|
9 420
-1%
|
9 206
-2%
|
9 242
+0%
|
9 872
+7%
|
10 061
+2%
|
9 941
-1%
|
9 896
0%
|
10 001
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 766)
|
(4 885)
|
(4 925)
|
(4 856)
|
(4 823)
|
(4 642)
|
(4 694)
|
(4 789)
|
(5 043)
|
(5 232)
|
(5 278)
|
(5 251)
|
(5 016)
|
(5 147)
|
(5 280)
|
(5 518)
|
(5 508)
|
(5 639)
|
(5 792)
|
(5 996)
|
(6 166)
|
(6 357)
|
(6 346)
|
(6 366)
|
(6 603)
|
(6 351)
|
(6 438)
|
(6 645)
|
(6 899)
|
(7 118)
|
(7 821)
|
(8 293)
|
(7 800)
|
(7 905)
|
(7 673)
|
(7 710)
|
(7 984)
|
(8 138)
|
(7 949)
|
(7 862)
|
(7 970)
|
|
Gross Profit |
812
N/A
|
825
+2%
|
851
+3%
|
900
+6%
|
928
+3%
|
950
+2%
|
998
+5%
|
985
-1%
|
1 018
+3%
|
1 045
+3%
|
1 027
-2%
|
1 044
+2%
|
1 041
0%
|
1 045
+0%
|
1 069
+2%
|
1 082
+1%
|
1 089
+1%
|
1 075
-1%
|
1 086
+1%
|
1 096
+1%
|
1 138
+4%
|
1 151
+1%
|
1 160
+1%
|
1 172
+1%
|
1 176
+0%
|
1 112
-5%
|
1 104
-1%
|
1 146
+4%
|
1 231
+7%
|
1 257
+2%
|
1 331
+6%
|
1 506
+13%
|
1 668
+11%
|
1 515
-9%
|
1 533
+1%
|
1 532
0%
|
1 887
+23%
|
1 923
+2%
|
1 992
+4%
|
2 034
+2%
|
2 031
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(563)
|
(565)
|
(572)
|
(569)
|
(594)
|
(611)
|
(657)
|
(657)
|
(637)
|
(642)
|
(640)
|
(663)
|
(711)
|
(709)
|
(721)
|
(729)
|
(721)
|
(717)
|
(709)
|
(713)
|
(770)
|
(775)
|
(785)
|
(799)
|
(808)
|
(774)
|
(779)
|
(801)
|
(861)
|
(874)
|
(954)
|
(1 074)
|
(1 154)
|
(1 110)
|
(1 141)
|
(1 171)
|
(1 334)
|
(1 389)
|
(1 460)
|
(1 483)
|
(1 485)
|
|
Selling, General & Administrative |
(528)
|
(527)
|
(535)
|
(534)
|
(415)
|
(568)
|
(617)
|
(628)
|
(467)
|
(631)
|
(626)
|
(641)
|
(482)
|
(684)
|
(699)
|
(710)
|
(458)
|
(454)
|
(351)
|
(297)
|
(544)
|
(479)
|
(567)
|
(581)
|
(568)
|
(541)
|
(546)
|
(564)
|
(606)
|
(607)
|
(626)
|
(696)
|
(752)
|
(729)
|
(761)
|
(813)
|
(949)
|
(990)
|
(1 053)
|
(1 063)
|
(1 067)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(164)
|
0
|
0
|
0
|
(161)
|
0
|
0
|
0
|
(222)
|
0
|
0
|
0
|
(249)
|
0
|
(392)
|
(451)
|
(232)
|
(308)
|
(244)
|
(241)
|
(257)
|
(293)
|
(294)
|
(300)
|
(285)
|
(315)
|
(329)
|
(408)
|
(410)
|
(412)
|
(410)
|
(399)
|
(394)
|
(444)
|
(481)
|
(449)
|
(400)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(52)
|
|
Other Operating Expenses |
(35)
|
(38)
|
(37)
|
(35)
|
3
|
(43)
|
(40)
|
(29)
|
7
|
(11)
|
(15)
|
(22)
|
8
|
(25)
|
(22)
|
(20)
|
13
|
(263)
|
33
|
35
|
33
|
12
|
26
|
23
|
45
|
60
|
61
|
63
|
56
|
49
|
1
|
30
|
41
|
31
|
30
|
40
|
50
|
44
|
73
|
29
|
34
|
|
Operating Income |
249
N/A
|
260
+4%
|
280
+7%
|
330
+18%
|
334
+1%
|
339
+1%
|
341
+1%
|
328
-4%
|
381
+16%
|
403
+6%
|
387
-4%
|
381
-2%
|
330
-13%
|
336
+2%
|
348
+3%
|
353
+2%
|
369
+4%
|
359
-3%
|
377
+5%
|
382
+1%
|
368
-4%
|
376
+2%
|
376
0%
|
373
-1%
|
368
-1%
|
339
-8%
|
324
-4%
|
345
+7%
|
370
+7%
|
383
+4%
|
377
-2%
|
432
+15%
|
514
+19%
|
405
-21%
|
392
-3%
|
360
-8%
|
553
+54%
|
533
-4%
|
531
0%
|
551
+4%
|
546
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
35
|
33
|
19
|
13
|
(20)
|
(21)
|
(16)
|
(14)
|
(25)
|
(13)
|
(15)
|
(2)
|
(12)
|
(3)
|
1
|
(6)
|
(7)
|
2
|
8
|
9
|
2
|
2
|
2
|
3
|
25
|
29
|
28
|
23
|
8
|
8
|
14
|
10
|
19
|
12
|
15
|
21
|
14
|
13
|
12
|
10
|
20
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(9)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(2)
|
1
|
0
|
4
|
2
|
|
Gain/Loss on Disposition of Assets |
(1)
|
(1)
|
(1)
|
(1)
|
(5)
|
(6)
|
(6)
|
(6)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
45
|
45
|
47
|
45
|
30
|
29
|
27
|
28
|
31
|
33
|
37
|
37
|
23
|
20
|
10
|
5
|
0
|
(6)
|
(3)
|
(3)
|
1
|
0
|
0
|
0
|
12
|
4
|
1
|
1
|
1
|
(7)
|
(4)
|
(3)
|
4
|
4
|
5
|
6
|
5
|
4
|
4
|
2
|
2
|
|
Pre-Tax Income |
328
N/A
|
337
+3%
|
345
+2%
|
387
+12%
|
339
-12%
|
340
+0%
|
346
+2%
|
337
-3%
|
389
+15%
|
422
+9%
|
408
-3%
|
415
+2%
|
341
-18%
|
353
+4%
|
358
+1%
|
352
-2%
|
360
+2%
|
354
-2%
|
383
+8%
|
388
+1%
|
370
-5%
|
379
+2%
|
378
0%
|
377
0%
|
397
+5%
|
372
-6%
|
353
-5%
|
369
+5%
|
370
+0%
|
385
+4%
|
387
+1%
|
439
+14%
|
537
+22%
|
423
-21%
|
413
-2%
|
388
-6%
|
569
+47%
|
550
-3%
|
547
-1%
|
568
+4%
|
571
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(53)
|
(57)
|
(58)
|
(63)
|
(61)
|
(61)
|
(64)
|
(59)
|
(59)
|
(64)
|
(50)
|
(54)
|
(49)
|
(49)
|
(50)
|
(48)
|
(48)
|
(49)
|
(51)
|
(51)
|
(46)
|
(45)
|
(43)
|
(44)
|
(54)
|
(51)
|
(44)
|
(46)
|
(34)
|
(37)
|
(34)
|
(41)
|
(46)
|
(39)
|
(34)
|
(24)
|
(36)
|
(38)
|
(43)
|
(35)
|
(48)
|
|
Income from Continuing Operations |
274
|
281
|
286
|
324
|
279
|
280
|
282
|
278
|
330
|
358
|
358
|
361
|
291
|
304
|
308
|
304
|
313
|
305
|
332
|
337
|
324
|
333
|
335
|
333
|
343
|
321
|
309
|
323
|
335
|
348
|
353
|
398
|
492
|
384
|
379
|
365
|
533
|
512
|
504
|
532
|
523
|
|
Income to Minority Interest |
(31)
|
(26)
|
(26)
|
(26)
|
(29)
|
(25)
|
(17)
|
(17)
|
(24)
|
(25)
|
(27)
|
(24)
|
(16)
|
(16)
|
(14)
|
(14)
|
(24)
|
(19)
|
(21)
|
(21)
|
(21)
|
(25)
|
(23)
|
(21)
|
(21)
|
(14)
|
(15)
|
(16)
|
(18)
|
(25)
|
(22)
|
(46)
|
(94)
|
(38)
|
(41)
|
(11)
|
(12)
|
(17)
|
(14)
|
(26)
|
(26)
|
|
Net Income (Common) |
244
N/A
|
255
+5%
|
261
+2%
|
298
+14%
|
250
-16%
|
255
+2%
|
266
+4%
|
261
-2%
|
306
+17%
|
334
+9%
|
331
-1%
|
336
+2%
|
275
-18%
|
289
+5%
|
294
+2%
|
290
-1%
|
289
-1%
|
286
-1%
|
310
+9%
|
316
+2%
|
303
-4%
|
309
+2%
|
313
+1%
|
312
0%
|
322
+3%
|
307
-5%
|
294
-4%
|
307
+5%
|
318
+3%
|
323
+2%
|
331
+3%
|
352
+6%
|
398
+13%
|
346
-13%
|
338
-2%
|
353
+4%
|
521
+47%
|
495
-5%
|
491
-1%
|
507
+3%
|
497
-2%
|
|
EPS (Diluted) |
0.59
N/A
|
0.62
+5%
|
0.63
+2%
|
0.72
+14%
|
0.6
-17%
|
0.61
+2%
|
0.64
+5%
|
0.63
-2%
|
0.73
+16%
|
0.8
+10%
|
0.79
-1%
|
0.8
+1%
|
0.65
-19%
|
0.68
+5%
|
0.69
+1%
|
0.68
-1%
|
0.68
N/A
|
0.67
-1%
|
0.73
+9%
|
0.75
+3%
|
0.71
-5%
|
0.74
+4%
|
0.75
+1%
|
0.74
-1%
|
0.75
+1%
|
0.72
-4%
|
0.69
-4%
|
0.72
+4%
|
0.74
+3%
|
0.76
+3%
|
0.45
-41%
|
2.06
+358%
|
0.64
-69%
|
0.62
-3%
|
1.13
+82%
|
0.63
-44%
|
0.81
+29%
|
0.72
-11%
|
0.71
-1%
|
0.73
+3%
|
0.72
-1%
|