Lifan Technology Group Co Ltd
SSE:601777
Income Statement
Earnings Waterfall
Lifan Technology Group Co Ltd
Revenue
|
7.1B
CNY
|
Cost of Revenue
|
-6.8B
CNY
|
Gross Profit
|
282.8m
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
-890m
CNY
|
Other Expenses
|
888.9m
CNY
|
Net Income
|
-1m
CNY
|
Income Statement
Lifan Technology Group Co Ltd
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
10 120
N/A
|
10 303
+2%
|
10 477
+2%
|
11 417
+9%
|
11 470
+0%
|
11 581
+1%
|
12 001
+4%
|
12 411
+3%
|
12 514
+1%
|
12 423
-1%
|
12 460
+0%
|
11 047
-11%
|
11 775
+7%
|
12 270
+4%
|
12 273
+0%
|
12 600
+3%
|
12 479
-1%
|
12 282
-2%
|
11 827
-4%
|
11 013
-7%
|
10 000
-9%
|
10 212
+2%
|
9 392
-8%
|
7 450
-21%
|
5 767
-23%
|
3 855
-33%
|
3 370
-13%
|
3 637
+8%
|
3 913
+8%
|
3 789
-3%
|
3 591
-5%
|
3 977
+11%
|
4 387
+10%
|
5 375
+23%
|
6 727
+25%
|
8 654
+29%
|
8 499
-2%
|
8 084
-5%
|
7 676
-5%
|
6 768
-12%
|
7 081
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 315)
|
(8 463)
|
(8 642)
|
(9 519)
|
(9 593)
|
(9 734)
|
(10 139)
|
(10 272)
|
(10 418)
|
(10 442)
|
(10 526)
|
(9 941)
|
(10 724)
|
(11 148)
|
(11 106)
|
(11 109)
|
(11 040)
|
(10 904)
|
(10 500)
|
(10 532)
|
(9 307)
|
(9 806)
|
(9 339)
|
(7 952)
|
(6 210)
|
(4 237)
|
(3 604)
|
(3 544)
|
(3 524)
|
(3 373)
|
(3 228)
|
(3 352)
|
(3 761)
|
(4 701)
|
(6 028)
|
(7 948)
|
(7 884)
|
(7 517)
|
(7 156)
|
(6 496)
|
(6 798)
|
|
Gross Profit |
1 805
N/A
|
1 840
+2%
|
1 836
0%
|
1 897
+3%
|
1 877
-1%
|
1 847
-2%
|
1 862
+1%
|
2 139
+15%
|
2 096
-2%
|
1 981
-6%
|
1 935
-2%
|
1 106
-43%
|
1 051
-5%
|
1 122
+7%
|
1 167
+4%
|
1 491
+28%
|
1 439
-3%
|
1 378
-4%
|
1 327
-4%
|
481
-64%
|
693
+44%
|
407
-41%
|
53
-87%
|
(502)
N/A
|
(443)
+12%
|
(382)
+14%
|
(234)
+39%
|
93
N/A
|
389
+319%
|
416
+7%
|
363
-13%
|
625
+72%
|
626
+0%
|
674
+8%
|
699
+4%
|
706
+1%
|
614
-13%
|
567
-8%
|
520
-8%
|
273
-48%
|
283
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 337)
|
(1 397)
|
(1 445)
|
(1 587)
|
(1 497)
|
(1 505)
|
(1 524)
|
(1 619)
|
(1 507)
|
(1 497)
|
(1 438)
|
(1 521)
|
(1 479)
|
(1 449)
|
(1 474)
|
(1 528)
|
(1 366)
|
(1 382)
|
(1 307)
|
(1 648)
|
(2 180)
|
(2 555)
|
(3 911)
|
(1 984)
|
(3 790)
|
(3 694)
|
(2 680)
|
(2 154)
|
(5 688)
|
(5 231)
|
(4 834)
|
(703)
|
(716)
|
(777)
|
(818)
|
(826)
|
(818)
|
(983)
|
(968)
|
(1 039)
|
(1 173)
|
|
Selling, General & Administrative |
(1 304)
|
(1 355)
|
(1 387)
|
(1 281)
|
(1 428)
|
(1 443)
|
(1 453)
|
(1 212)
|
(1 418)
|
(1 397)
|
(1 384)
|
(1 166)
|
(1 425)
|
(1 410)
|
(1 470)
|
(1 219)
|
(1 469)
|
(1 456)
|
(1 316)
|
(1 371)
|
(1 280)
|
(1 301)
|
(1 370)
|
(1 412)
|
(1 520)
|
(1 603)
|
(1 847)
|
(1 709)
|
(1 857)
|
(1 592)
|
(1 198)
|
(451)
|
(569)
|
(612)
|
(649)
|
(633)
|
(657)
|
(805)
|
(769)
|
(744)
|
(807)
|
|
Research & Development |
0
|
0
|
0
|
(164)
|
0
|
0
|
0
|
(186)
|
0
|
0
|
0
|
(148)
|
0
|
0
|
(7)
|
(161)
|
0
|
0
|
(3)
|
(164)
|
(151)
|
(179)
|
(334)
|
(377)
|
(400)
|
(391)
|
(250)
|
(201)
|
(247)
|
(245)
|
(244)
|
(109)
|
(131)
|
(141)
|
(145)
|
(79)
|
(90)
|
(109)
|
(148)
|
(69)
|
(278)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(118)
|
0
|
0
|
0
|
(139)
|
0
|
0
|
0
|
(136)
|
0
|
0
|
0
|
(139)
|
0
|
0
|
0
|
(203)
|
0
|
0
|
0
|
(253)
|
0
|
0
|
0
|
(145)
|
0
|
0
|
0
|
(115)
|
0
|
0
|
0
|
(232)
|
0
|
|
Other Operating Expenses |
(33)
|
(42)
|
(58)
|
(54)
|
(69)
|
(62)
|
(71)
|
(102)
|
(90)
|
(99)
|
(55)
|
(68)
|
(53)
|
(39)
|
3
|
(12)
|
103
|
74
|
12
|
27
|
(748)
|
(1 076)
|
(2 208)
|
8
|
(1 869)
|
(1 701)
|
(582)
|
10
|
(3 585)
|
(3 394)
|
(3 392)
|
3
|
(16)
|
(23)
|
(24)
|
2
|
(70)
|
(69)
|
(51)
|
5
|
(88)
|
|
Operating Income |
468
N/A
|
443
-5%
|
391
-12%
|
310
-21%
|
380
+23%
|
342
-10%
|
337
-1%
|
520
+54%
|
589
+13%
|
485
-18%
|
497
+2%
|
(416)
N/A
|
(428)
-3%
|
(327)
+23%
|
(306)
+6%
|
(37)
+88%
|
73
N/A
|
(4)
N/A
|
20
N/A
|
(1 167)
N/A
|
(1 487)
-27%
|
(2 149)
-45%
|
(3 858)
-80%
|
(2 486)
+36%
|
(4 232)
-70%
|
(4 076)
+4%
|
(2 914)
+29%
|
(2 060)
+29%
|
(5 299)
-157%
|
(4 815)
+9%
|
(4 471)
+7%
|
(78)
+98%
|
(90)
-16%
|
(102)
-13%
|
(119)
-16%
|
(120)
-1%
|
(203)
-70%
|
(416)
-105%
|
(449)
-8%
|
(767)
-71%
|
(890)
-16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(127)
|
(53)
|
20
|
(17)
|
(44)
|
(55)
|
(64)
|
(207)
|
(271)
|
(196)
|
(291)
|
420
|
378
|
286
|
323
|
10
|
127
|
198
|
122
|
(989)
|
(490)
|
(802)
|
(981)
|
(887)
|
(867)
|
(605)
|
(699)
|
(1 838)
|
7 463
|
7 511
|
8 046
|
169
|
241
|
313
|
344
|
429
|
407
|
413
|
363
|
395
|
480
|
|
Non-Reccuring Items |
0
|
0
|
0
|
36
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
7
|
0
|
0
|
1
|
199
|
12
|
11
|
10
|
2 364
|
1 997
|
1 997
|
1 866
|
(1 946)
|
(304)
|
(1 398)
|
(1 317)
|
4 673
|
(1 146)
|
(52)
|
(23)
|
16
|
(11)
|
(14)
|
8
|
(73)
|
(12)
|
(8)
|
(8)
|
43
|
4
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(0)
|
33
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(6)
|
0
|
(1)
|
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 |
139
|
119
|
101
|
47
|
86
|
85
|
86
|
37
|
45
|
52
|
54
|
95
|
90
|
75
|
70
|
3
|
(16)
|
(10)
|
(16)
|
105
|
94
|
71
|
53
|
(107)
|
(122)
|
(874)
|
(825)
|
(700)
|
(700)
|
71
|
41
|
(3)
|
(6)
|
(19)
|
(20)
|
(13)
|
(19)
|
(6)
|
(3)
|
(30)
|
(33)
|
|
Pre-Tax Income |
481
N/A
|
509
+6%
|
512
+1%
|
410
-20%
|
418
+2%
|
366
-12%
|
355
-3%
|
368
+4%
|
358
-3%
|
335
-7%
|
255
-24%
|
106
-58%
|
39
-63%
|
33
-15%
|
87
+162%
|
176
+101%
|
197
+12%
|
195
-1%
|
136
-30%
|
313
+129%
|
115
-63%
|
(882)
N/A
|
(2 919)
-231%
|
(5 425)
-86%
|
(5 524)
-2%
|
(6 952)
-26%
|
(5 754)
+17%
|
74
N/A
|
318
+329%
|
2 716
+755%
|
3 592
+32%
|
104
-97%
|
134
+28%
|
178
+33%
|
213
+20%
|
224
+5%
|
172
-23%
|
(17)
N/A
|
(96)
-455%
|
(358)
-272%
|
(439)
-22%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(40)
|
(38)
|
(27)
|
(32)
|
(35)
|
(25)
|
(29)
|
(25)
|
(20)
|
(15)
|
11
|
(14)
|
1
|
3
|
(21)
|
(20)
|
(37)
|
(34)
|
(6)
|
(67)
|
(29)
|
54
|
394
|
734
|
734
|
613
|
249
|
(20)
|
(51)
|
(33)
|
(54)
|
(26)
|
(25)
|
(38)
|
(31)
|
(54)
|
(51)
|
(18)
|
(5)
|
96
|
125
|
|
Income from Continuing Operations |
441
|
471
|
486
|
377
|
383
|
342
|
326
|
343
|
338
|
320
|
266
|
92
|
40
|
36
|
67
|
156
|
160
|
162
|
131
|
247
|
86
|
(828)
|
(2 525)
|
(4 692)
|
(4 791)
|
(6 339)
|
(5 505)
|
55
|
267
|
2 683
|
3 538
|
78
|
109
|
140
|
182
|
170
|
121
|
(35)
|
(101)
|
(262)
|
(314)
|
|
Income to Minority Interest |
19
|
15
|
14
|
9
|
5
|
10
|
8
|
11
|
10
|
8
|
5
|
(9)
|
(12)
|
(11)
|
(7)
|
15
|
16
|
13
|
11
|
6
|
8
|
9
|
11
|
10
|
8
|
10
|
11
|
3
|
5
|
7
|
14
|
(22)
|
(19)
|
(23)
|
(24)
|
(16)
|
23
|
131
|
166
|
286
|
313
|
|
Net Income (Common) |
459
N/A
|
486
+6%
|
500
+3%
|
386
-23%
|
388
+0%
|
352
-9%
|
335
-5%
|
354
+6%
|
347
-2%
|
328
-6%
|
271
-17%
|
83
-69%
|
28
-67%
|
26
-8%
|
60
+134%
|
171
+186%
|
176
+3%
|
174
-1%
|
141
-19%
|
253
+80%
|
94
-63%
|
(819)
N/A
|
(2 514)
-207%
|
(4 682)
-86%
|
(4 782)
-2%
|
(6 330)
-32%
|
(5 494)
+13%
|
58
N/A
|
271
+368%
|
2 690
+891%
|
3 553
+32%
|
56
-98%
|
91
+63%
|
118
+30%
|
158
+35%
|
155
-2%
|
145
-7%
|
96
-34%
|
64
-33%
|
24
-62%
|
(1)
N/A
|
|
EPS (Diluted) |
0.47
N/A
|
0.49
+4%
|
0.5
+2%
|
0.38
-24%
|
0.31
-18%
|
0.3
-3%
|
0.27
-10%
|
0.28
+4%
|
0.28
N/A
|
0.26
-7%
|
0.22
-15%
|
0.07
-68%
|
0.02
-71%
|
0.02
N/A
|
0.04
+100%
|
0.14
+250%
|
0.14
N/A
|
0.14
N/A
|
0.12
-14%
|
0.19
+58%
|
0.08
-58%
|
-0.62
N/A
|
-1.92
-210%
|
-3.58
-86%
|
-3.66
-2%
|
-4.84
-32%
|
-4.2
+13%
|
0.01
N/A
|
0.05
+400%
|
0.6
+1 100%
|
0.78
+30%
|
0.01
-99%
|
0.02
+100%
|
0.03
+50%
|
0.04
+33%
|
0.03
-25%
|
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0.01
N/A
|
0
N/A
|