China Aerospace Times Electronics Co Ltd
SSE:600879
Income Statement
Earnings Waterfall
China Aerospace Times Electronics Co Ltd
Revenue
|
18.3B
CNY
|
Cost of Revenue
|
-14.7B
CNY
|
Gross Profit
|
3.5B
CNY
|
Operating Expenses
|
-2.6B
CNY
|
Operating Income
|
913.1m
CNY
|
Other Expenses
|
-287.1m
CNY
|
Net Income
|
626.1m
CNY
|
Income Statement
China Aerospace Times Electronics Co Ltd
Mar-2013 | Jun-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 816
N/A
|
3 853
+1%
|
3 689
-4%
|
4 106
+11%
|
4 163
+1%
|
4 141
-1%
|
4 210
+2%
|
4 902
+16%
|
4 887
0%
|
7 270
+49%
|
8 804
+21%
|
11 004
+25%
|
12 271
+12%
|
11 565
-6%
|
12 225
+6%
|
11 548
-6%
|
11 921
+3%
|
12 421
+4%
|
12 168
-2%
|
13 054
+7%
|
13 287
+2%
|
13 542
+2%
|
13 953
+3%
|
13 530
-3%
|
13 548
+0%
|
13 614
+0%
|
13 730
+1%
|
13 712
0%
|
13 137
-4%
|
13 132
0%
|
13 147
+0%
|
14 009
+7%
|
14 779
+5%
|
15 288
+3%
|
16 299
+7%
|
15 989
-2%
|
16 786
+5%
|
17 859
+6%
|
17 270
-3%
|
17 476
+1%
|
18 251
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 869)
|
(2 919)
|
(2 768)
|
(3 129)
|
(3 201)
|
(3 173)
|
(3 215)
|
(3 851)
|
(3 818)
|
(5 877)
|
(7 207)
|
(9 127)
|
(10 220)
|
(9 686)
|
(10 329)
|
(9 571)
|
(9 924)
|
(10 339)
|
(10 062)
|
(10 768)
|
(11 048)
|
(11 258)
|
(11 574)
|
(11 217)
|
(11 144)
|
(11 136)
|
(11 201)
|
(11 079)
|
(10 639)
|
(10 682)
|
(10 665)
|
(11 379)
|
(11 933)
|
(12 260)
|
(13 138)
|
(12 839)
|
(13 609)
|
(14 610)
|
(13 941)
|
(14 051)
|
(14 743)
|
|
Gross Profit |
948
N/A
|
934
-1%
|
920
-1%
|
977
+6%
|
962
-2%
|
969
+1%
|
995
+3%
|
1 051
+6%
|
1 069
+2%
|
1 393
+30%
|
1 596
+15%
|
1 877
+18%
|
2 051
+9%
|
1 879
-8%
|
1 896
+1%
|
1 977
+4%
|
1 998
+1%
|
2 082
+4%
|
2 106
+1%
|
2 286
+9%
|
2 239
-2%
|
2 284
+2%
|
2 380
+4%
|
2 313
-3%
|
2 404
+4%
|
2 478
+3%
|
2 529
+2%
|
2 633
+4%
|
2 498
-5%
|
2 451
-2%
|
2 482
+1%
|
2 629
+6%
|
2 846
+8%
|
3 028
+6%
|
3 161
+4%
|
3 150
0%
|
3 177
+1%
|
3 250
+2%
|
3 329
+2%
|
3 425
+3%
|
3 508
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(637)
|
(618)
|
(618)
|
(642)
|
(634)
|
(636)
|
(658)
|
(695)
|
(708)
|
(911)
|
(999)
|
(1 189)
|
(1 281)
|
(1 173)
|
(1 184)
|
(1 288)
|
(1 287)
|
(1 357)
|
(1 385)
|
(1 480)
|
(1 416)
|
(1 411)
|
(1 463)
|
(1 511)
|
(1 614)
|
(1 638)
|
(1 700)
|
(1 832)
|
(1 753)
|
(1 706)
|
(1 713)
|
(1 784)
|
(1 909)
|
(2 088)
|
(2 259)
|
(2 298)
|
(2 283)
|
(2 333)
|
(2 391)
|
(2 531)
|
(2 595)
|
|
Selling, General & Administrative |
(632)
|
(614)
|
(613)
|
(490)
|
(625)
|
(627)
|
(649)
|
(488)
|
(691)
|
(888)
|
(968)
|
(814)
|
(1 234)
|
(1 130)
|
(1 148)
|
(1 204)
|
(1 235)
|
(1 296)
|
(1 324)
|
(1 039)
|
(1 026)
|
(1 050)
|
(1 040)
|
(1 054)
|
(1 263)
|
(1 189)
|
(1 200)
|
(1 208)
|
(1 261)
|
(1 242)
|
(1 252)
|
(1 173)
|
(1 298)
|
(1 381)
|
(1 473)
|
(1 476)
|
(1 549)
|
(1 559)
|
(1 535)
|
(1 571)
|
(1 704)
|
|
Research & Development |
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(158)
|
0
|
0
|
0
|
(311)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(365)
|
0
|
0
|
(440)
|
(374)
|
(309)
|
(402)
|
(464)
|
(532)
|
(533)
|
(521)
|
(514)
|
(554)
|
(649)
|
(719)
|
(743)
|
(694)
|
(718)
|
(757)
|
(895)
|
(875)
|
(939)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(119)
|
0
|
0
|
0
|
(138)
|
0
|
0
|
0
|
(126)
|
0
|
0
|
0
|
(125)
|
0
|
0
|
0
|
(148)
|
0
|
0
|
0
|
(133)
|
0
|
|
Other Operating Expenses |
(4)
|
(4)
|
(4)
|
(3)
|
(9)
|
(9)
|
(9)
|
(2)
|
(18)
|
(23)
|
(31)
|
(3)
|
(47)
|
(43)
|
(36)
|
(6)
|
(51)
|
(60)
|
(61)
|
44
|
(390)
|
(361)
|
17
|
55
|
(43)
|
(47)
|
(35)
|
35
|
41
|
57
|
52
|
68
|
38
|
12
|
(43)
|
21
|
(16)
|
(17)
|
39
|
48
|
47
|
|
Operating Income |
311
N/A
|
316
+1%
|
303
-4%
|
335
+11%
|
327
-2%
|
333
+2%
|
338
+2%
|
356
+5%
|
361
+1%
|
482
+33%
|
597
+24%
|
689
+15%
|
770
+12%
|
706
-8%
|
712
+1%
|
689
-3%
|
711
+3%
|
725
+2%
|
720
-1%
|
806
+12%
|
823
+2%
|
874
+6%
|
917
+5%
|
803
-12%
|
790
-2%
|
840
+6%
|
829
-1%
|
802
-3%
|
745
-7%
|
745
0%
|
769
+3%
|
846
+10%
|
937
+11%
|
940
+0%
|
902
-4%
|
852
-6%
|
895
+5%
|
917
+3%
|
938
+2%
|
894
-5%
|
913
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(87)
|
(86)
|
(71)
|
(71)
|
(61)
|
(64)
|
(73)
|
(90)
|
(97)
|
(143)
|
(178)
|
(192)
|
(218)
|
(188)
|
(184)
|
(175)
|
(179)
|
(174)
|
(166)
|
(168)
|
(171)
|
(188)
|
(197)
|
(199)
|
(212)
|
(219)
|
(229)
|
(219)
|
(231)
|
(222)
|
(218)
|
(189)
|
(193)
|
(198)
|
(203)
|
(230)
|
(231)
|
(229)
|
(231)
|
(214)
|
(223)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
4
|
(1)
|
0
|
0
|
0
|
2
|
2
|
0
|
(11)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
7
|
0
|
(0)
|
(0)
|
(9)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
2
|
1
|
4
|
0
|
0
|
2
|
1
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
|
Total Other Income |
39
|
43
|
38
|
21
|
20
|
19
|
39
|
37
|
37
|
44
|
29
|
37
|
38
|
42
|
55
|
67
|
75
|
75
|
60
|
4
|
(0)
|
(18)
|
(21)
|
11
|
6
|
4
|
5
|
15
|
18
|
16
|
19
|
8
|
1
|
3
|
3
|
14
|
16
|
16
|
17
|
13
|
6
|
|
Pre-Tax Income |
263
N/A
|
273
+4%
|
270
-1%
|
283
+5%
|
286
+1%
|
287
+0%
|
303
+6%
|
300
-1%
|
300
0%
|
382
+27%
|
448
+17%
|
537
+20%
|
591
+10%
|
560
-5%
|
588
+5%
|
585
0%
|
606
+4%
|
628
+4%
|
615
-2%
|
642
+4%
|
655
+2%
|
671
+2%
|
699
+4%
|
603
-14%
|
584
-3%
|
626
+7%
|
605
-3%
|
585
-3%
|
532
-9%
|
539
+1%
|
569
+6%
|
642
+13%
|
745
+16%
|
746
+0%
|
703
-6%
|
640
-9%
|
679
+6%
|
704
+4%
|
724
+3%
|
680
-6%
|
696
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(50)
|
(51)
|
(49)
|
(42)
|
(42)
|
(38)
|
(46)
|
(42)
|
(42)
|
(54)
|
(61)
|
(91)
|
(100)
|
(89)
|
(94)
|
(79)
|
(85)
|
(87)
|
(81)
|
(107)
|
(106)
|
(110)
|
(116)
|
(104)
|
(98)
|
(114)
|
(101)
|
(84)
|
(84)
|
(75)
|
(83)
|
(112)
|
(119)
|
(91)
|
(80)
|
(46)
|
(52)
|
(82)
|
(65)
|
(25)
|
(29)
|
|
Income from Continuing Operations |
214
|
222
|
221
|
241
|
243
|
249
|
257
|
258
|
258
|
328
|
387
|
446
|
491
|
472
|
494
|
507
|
521
|
541
|
534
|
535
|
549
|
561
|
583
|
499
|
487
|
512
|
504
|
501
|
448
|
464
|
486
|
530
|
625
|
654
|
622
|
594
|
627
|
623
|
659
|
655
|
667
|
|
Income to Minority Interest |
(5)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(14)
|
(13)
|
(14)
|
(64)
|
(75)
|
(79)
|
(82)
|
(28)
|
(33)
|
(28)
|
(26)
|
(10)
|
(15)
|
(21)
|
(31)
|
(42)
|
(44)
|
(44)
|
(39)
|
(43)
|
(40)
|
(35)
|
(36)
|
(51)
|
(55)
|
(56)
|
(57)
|
(45)
|
(39)
|
(41)
|
(35)
|
(44)
|
(41)
|
|
Net Income (Common) |
209
N/A
|
212
+2%
|
210
-1%
|
230
+10%
|
233
+1%
|
237
+2%
|
245
+3%
|
246
+1%
|
244
-1%
|
315
+29%
|
373
+18%
|
382
+3%
|
417
+9%
|
392
-6%
|
412
+5%
|
478
+16%
|
488
+2%
|
513
+5%
|
508
-1%
|
525
+3%
|
534
+2%
|
540
+1%
|
552
+2%
|
457
-17%
|
443
-3%
|
468
+6%
|
465
-1%
|
458
-2%
|
408
-11%
|
429
+5%
|
450
+5%
|
478
+6%
|
570
+19%
|
598
+5%
|
565
-5%
|
549
-3%
|
587
+7%
|
582
-1%
|
624
+7%
|
611
-2%
|
626
+3%
|
|
EPS (Diluted) |
0.11
N/A
|
0.11
N/A
|
0.11
N/A
|
0.12
+9%
|
0.11
-8%
|
0.11
N/A
|
0.12
+9%
|
0.12
N/A
|
0.12
N/A
|
0.16
+33%
|
0.18
+13%
|
0.17
-6%
|
0.19
+12%
|
0.17
-11%
|
0.18
+6%
|
0.2
+11%
|
0.18
-10%
|
0.18
N/A
|
0.2
+11%
|
0.2
N/A
|
0.2
N/A
|
0.21
+5%
|
0.21
N/A
|
0.17
-19%
|
0.16
-6%
|
0.16
N/A
|
0.16
N/A
|
0.17
+6%
|
0.14
-18%
|
0.15
+7%
|
0.16
+7%
|
0.18
+13%
|
0.21
+17%
|
0.22
+5%
|
0.21
-5%
|
0.2
-5%
|
0.22
+10%
|
0.21
-5%
|
0.23
+10%
|
0.22
-4%
|
0.23
+5%
|