Dongfang Electric Corp Ltd
SSE:600875
Income Statement
Earnings Waterfall
Dongfang Electric Corp Ltd
Revenue
|
60.7B
CNY
|
Cost of Revenue
|
-49.5B
CNY
|
Gross Profit
|
11.1B
CNY
|
Operating Expenses
|
-8.1B
CNY
|
Operating Income
|
3B
CNY
|
Other Expenses
|
527.6m
CNY
|
Net Income
|
3.6B
CNY
|
Income Statement
Dongfang Electric Corp 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 |
42 391
N/A
|
42 305
0%
|
40 909
-3%
|
40 477
-1%
|
39 036
-4%
|
38 463
-1%
|
38 257
-1%
|
36 564
-4%
|
36 018
-1%
|
37 619
+4%
|
36 032
-4%
|
33 656
-7%
|
33 286
-1%
|
29 584
-11%
|
30 444
+3%
|
31 618
+4%
|
33 430
+6%
|
35 025
+5%
|
34 629
-1%
|
33 669
-3%
|
30 706
-9%
|
31 376
+2%
|
29 971
-4%
|
31 485
+5%
|
32 840
+4%
|
33 180
+1%
|
34 752
+5%
|
36 924
+6%
|
37 283
+1%
|
39 964
+7%
|
42 267
+6%
|
43 629
+3%
|
47 819
+10%
|
51 055
+7%
|
52 991
+4%
|
54 947
+4%
|
55 364
+1%
|
55 963
+1%
|
57 359
+2%
|
59 572
+4%
|
60 677
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(34 046)
|
(34 178)
|
(33 252)
|
(33 523)
|
(33 247)
|
(32 569)
|
(32 840)
|
(31 451)
|
(31 224)
|
(31 885)
|
(30 427)
|
(28 551)
|
(30 467)
|
(26 009)
|
(25 950)
|
(26 501)
|
(27 470)
|
(27 926)
|
(27 940)
|
(26 691)
|
(24 150)
|
(24 078)
|
(22 407)
|
(23 617)
|
(25 811)
|
(25 858)
|
(27 191)
|
(29 749)
|
(29 353)
|
(31 338)
|
(33 478)
|
(34 467)
|
(39 107)
|
(41 906)
|
(43 701)
|
(45 275)
|
(45 557)
|
(46 008)
|
(47 033)
|
(48 656)
|
(49 530)
|
|
Gross Profit |
8 346
N/A
|
8 127
-3%
|
7 656
-6%
|
6 952
-9%
|
5 789
-17%
|
5 891
+2%
|
5 415
-8%
|
5 111
-6%
|
4 794
-6%
|
5 734
+20%
|
5 606
-2%
|
5 106
-9%
|
2 819
-45%
|
3 576
+27%
|
4 494
+26%
|
5 116
+14%
|
5 960
+16%
|
7 099
+19%
|
6 689
-6%
|
6 980
+4%
|
6 556
-6%
|
7 299
+11%
|
7 565
+4%
|
7 868
+4%
|
7 029
-11%
|
7 322
+4%
|
7 561
+3%
|
7 175
-5%
|
7 930
+11%
|
8 626
+9%
|
8 788
+2%
|
9 162
+4%
|
8 712
-5%
|
9 149
+5%
|
9 290
+2%
|
9 672
+4%
|
9 807
+1%
|
9 955
+2%
|
10 327
+4%
|
10 917
+6%
|
11 147
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(5 966)
|
(5 823)
|
(5 723)
|
(5 598)
|
(4 791)
|
(5 378)
|
(5 211)
|
(5 233)
|
(5 047)
|
(6 102)
|
(6 717)
|
(6 958)
|
(5 697)
|
(6 418)
|
(6 195)
|
(5 860)
|
(4 914)
|
(5 794)
|
(5 796)
|
(5 932)
|
(5 930)
|
(6 642)
|
(6 632)
|
(6 893)
|
(5 747)
|
(6 155)
|
(5 996)
|
(5 567)
|
(5 738)
|
(6 493)
|
(6 569)
|
(6 949)
|
(6 830)
|
(6 756)
|
(6 836)
|
(6 704)
|
(6 970)
|
(7 156)
|
(7 420)
|
(7 931)
|
(8 124)
|
|
Selling, General & Administrative |
(4 690)
|
(4 591)
|
(4 463)
|
(4 480)
|
(3 405)
|
(4 538)
|
(4 528)
|
(4 434)
|
(3 608)
|
(4 369)
|
(4 515)
|
(4 628)
|
(4 172)
|
(4 955)
|
(4 784)
|
(4 486)
|
(3 478)
|
(3 421)
|
(3 763)
|
(4 026)
|
(4 251)
|
(4 361)
|
(3 920)
|
(4 075)
|
(3 769)
|
(3 660)
|
(3 405)
|
(2 970)
|
(3 707)
|
(3 847)
|
(4 052)
|
(4 386)
|
(4 620)
|
(4 367)
|
(4 473)
|
(4 141)
|
(4 598)
|
(4 387)
|
(4 719)
|
(5 151)
|
(5 423)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(1 242)
|
0
|
0
|
0
|
(1 241)
|
0
|
0
|
0
|
(1 286)
|
0
|
(355)
|
(538)
|
(1 314)
|
(1 621)
|
(1 512)
|
(1 548)
|
(1 573)
|
(1 951)
|
(2 044)
|
(2 247)
|
(1 768)
|
(1 736)
|
(1 986)
|
(2 006)
|
(1 865)
|
(2 260)
|
(2 154)
|
(2 204)
|
(1 959)
|
(2 013)
|
(2 021)
|
(2 046)
|
(2 111)
|
(2 339)
|
(2 400)
|
(2 517)
|
(2 571)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(230)
|
0
|
0
|
0
|
(200)
|
0
|
0
|
0
|
(226)
|
0
|
0
|
0
|
(332)
|
0
|
0
|
0
|
(316)
|
0
|
0
|
0
|
(306)
|
0
|
0
|
0
|
(428)
|
0
|
0
|
0
|
(435)
|
0
|
0
|
0
|
(432)
|
0
|
0
|
0
|
(457)
|
|
Other Operating Expenses |
(1 276)
|
(1 231)
|
(1 259)
|
(1 118)
|
87
|
(840)
|
(683)
|
(799)
|
2
|
(1 733)
|
(2 202)
|
(2 329)
|
(14)
|
(1 463)
|
(1 055)
|
(835)
|
210
|
(753)
|
(523)
|
(358)
|
209
|
(330)
|
(668)
|
(571)
|
96
|
(759)
|
(606)
|
(593)
|
262
|
(388)
|
(363)
|
(358)
|
183
|
(375)
|
(342)
|
(517)
|
172
|
(430)
|
(301)
|
(263)
|
328
|
|
Operating Income |
2 379
N/A
|
2 303
-3%
|
1 934
-16%
|
1 356
-30%
|
999
-26%
|
517
-48%
|
207
-60%
|
(120)
N/A
|
(253)
-111%
|
(367)
-45%
|
(1 110)
-202%
|
(1 851)
-67%
|
(2 879)
-56%
|
(2 842)
+1%
|
(1 700)
+40%
|
(743)
+56%
|
1 046
N/A
|
1 306
+25%
|
893
-32%
|
1 048
+17%
|
626
-40%
|
656
+5%
|
931
+42%
|
973
+5%
|
1 283
+32%
|
1 166
-9%
|
1 565
+34%
|
1 607
+3%
|
2 192
+36%
|
2 133
-3%
|
2 219
+4%
|
2 214
0%
|
1 882
-15%
|
2 393
+27%
|
2 454
+3%
|
2 968
+21%
|
2 837
-4%
|
2 799
-1%
|
2 907
+4%
|
2 986
+3%
|
3 023
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
398
|
440
|
416
|
436
|
332
|
428
|
421
|
562
|
645
|
677
|
890
|
786
|
883
|
863
|
614
|
497
|
23
|
(6)
|
274
|
460
|
583
|
700
|
521
|
473
|
267
|
488
|
330
|
293
|
(36)
|
123
|
163
|
372
|
505
|
491
|
571
|
283
|
364
|
610
|
643
|
652
|
502
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
15
|
0
|
11
|
13
|
157
|
18
|
2
|
(1)
|
29
|
17
|
17
|
21
|
73
|
11
|
14
|
13
|
5
|
157
|
230
|
229
|
270
|
157
|
88
|
86
|
121
|
13
|
12
|
14
|
445
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
13
|
(4)
|
(3)
|
(3)
|
0
|
13
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
11
|
(7)
|
6
|
27
|
179
|
156
|
133
|
125
|
136
|
169
|
152
|
162
|
37
|
191
|
69
|
69
|
(208)
|
(224)
|
(113)
|
(143)
|
40
|
32
|
91
|
63
|
(43)
|
(57)
|
(100)
|
(76)
|
(91)
|
(78)
|
(65)
|
(51)
|
11
|
(10)
|
(5)
|
2
|
5
|
18
|
20
|
17
|
37
|
|
Pre-Tax Income |
2 788
N/A
|
2 736
-2%
|
2 355
-14%
|
1 818
-23%
|
1 502
-17%
|
1 101
-27%
|
761
-31%
|
567
-25%
|
533
-6%
|
475
-11%
|
(72)
N/A
|
(907)
-1 160%
|
(1 944)
-114%
|
(1 775)
+9%
|
(1 005)
+43%
|
(163)
+84%
|
1 017
N/A
|
1 094
+8%
|
1 055
-4%
|
1 363
+29%
|
1 275
-6%
|
1 405
+10%
|
1 561
+11%
|
1 532
-2%
|
1 579
+3%
|
1 609
+2%
|
1 810
+12%
|
1 838
+2%
|
2 067
+12%
|
2 335
+13%
|
2 547
+9%
|
2 762
+8%
|
2 667
-3%
|
3 031
+14%
|
3 107
+3%
|
3 338
+7%
|
3 327
0%
|
3 440
+3%
|
3 582
+4%
|
3 668
+2%
|
4 006
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(388)
|
(362)
|
(298)
|
(219)
|
(182)
|
(104)
|
(121)
|
(110)
|
(73)
|
(115)
|
7
|
53
|
185
|
177
|
120
|
113
|
62
|
69
|
43
|
(5)
|
(117)
|
(137)
|
(170)
|
(200)
|
(198)
|
(173)
|
(196)
|
(140)
|
(151)
|
(158)
|
(211)
|
(291)
|
(238)
|
(311)
|
(252)
|
(283)
|
(314)
|
(324)
|
(341)
|
(226)
|
(362)
|
|
Income from Continuing Operations |
2 400
|
2 374
|
2 057
|
1 599
|
1 321
|
996
|
639
|
456
|
459
|
360
|
(66)
|
(855)
|
(1 759)
|
(1 600)
|
(886)
|
(50)
|
1 080
|
1 162
|
1 097
|
1 356
|
1 158
|
1 267
|
1 390
|
1 331
|
1 381
|
1 436
|
1 615
|
1 699
|
1 916
|
2 179
|
2 337
|
2 472
|
2 429
|
2 720
|
2 855
|
3 055
|
3 014
|
3 116
|
3 241
|
3 443
|
3 644
|
|
Income to Minority Interest |
(50)
|
(81)
|
(54)
|
(49)
|
(42)
|
(29)
|
(33)
|
(22)
|
(20)
|
(25)
|
(5)
|
(17)
|
(25)
|
(35)
|
(70)
|
(60)
|
(22)
|
(7)
|
10
|
5
|
(29)
|
(34)
|
(66)
|
(79)
|
(103)
|
(116)
|
(112)
|
(113)
|
(54)
|
(79)
|
(81)
|
(86)
|
(140)
|
(138)
|
(140)
|
(133)
|
(156)
|
(169)
|
(159)
|
(176)
|
(93)
|
|
Net Income (Common) |
2 349
N/A
|
2 293
-2%
|
2 002
-13%
|
1 550
-23%
|
1 278
-18%
|
968
-24%
|
608
-37%
|
436
-28%
|
439
+1%
|
336
-23%
|
(71)
N/A
|
(872)
-1 128%
|
(1 784)
-105%
|
(1 635)
+8%
|
(956)
+42%
|
(111)
+88%
|
1 057
N/A
|
1 154
+9%
|
1 106
-4%
|
1 361
+23%
|
1 129
-17%
|
1 233
+9%
|
1 324
+7%
|
1 253
-5%
|
1 278
+2%
|
1 320
+3%
|
1 503
+14%
|
1 585
+5%
|
1 862
+17%
|
2 100
+13%
|
2 256
+7%
|
2 386
+6%
|
2 289
-4%
|
2 582
+13%
|
2 715
+5%
|
2 923
+8%
|
2 858
-2%
|
2 948
+3%
|
3 083
+5%
|
3 266
+6%
|
3 550
+9%
|
|
EPS (Diluted) |
1.18
N/A
|
1.15
-3%
|
1
-13%
|
0.77
-23%
|
0.55
-29%
|
0.46
-16%
|
0.28
-39%
|
0.15
-46%
|
0.19
+27%
|
0.14
-26%
|
-0.04
N/A
|
-0.38
-850%
|
-0.76
-100%
|
-0.7
+8%
|
-0.24
+66%
|
-0.04
+83%
|
0.34
N/A
|
0.37
+9%
|
0.35
-5%
|
0.44
+26%
|
0.37
-16%
|
0.39
+5%
|
0.42
+8%
|
0.4
-5%
|
0.41
+2%
|
0.43
+5%
|
0.49
+14%
|
0.51
+4%
|
0.6
+18%
|
0.67
+12%
|
0.72
+7%
|
0.77
+7%
|
0.73
-5%
|
0.82
+12%
|
0.87
+6%
|
0.93
+7%
|
0.92
-1%
|
0.95
+3%
|
0.99
+4%
|
1.05
+6%
|
1.14
+9%
|