Wuxi New Hongtai Electrical Technology Co Ltd
SSE:603016
Income Statement
Earnings Waterfall
Wuxi New Hongtai Electrical Technology Co Ltd
Revenue
|
637.1m
CNY
|
Cost of Revenue
|
-456m
CNY
|
Gross Profit
|
181.1m
CNY
|
Operating Expenses
|
-108.7m
CNY
|
Operating Income
|
72.4m
CNY
|
Other Expenses
|
-3.9m
CNY
|
Net Income
|
68.5m
CNY
|
Income Statement
Wuxi New Hongtai Electrical Technology Co Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
395
N/A
|
383
-3%
|
377
-2%
|
379
+1%
|
377
-1%
|
373
-1%
|
382
+2%
|
380
0%
|
379
0%
|
394
+4%
|
397
+1%
|
406
+2%
|
416
+2%
|
429
+3%
|
432
+1%
|
434
+1%
|
443
+2%
|
416
-6%
|
429
+3%
|
441
+3%
|
444
+1%
|
483
+9%
|
496
+3%
|
533
+8%
|
555
+4%
|
581
+5%
|
590
+2%
|
591
+0%
|
615
+4%
|
614
0%
|
643
+5%
|
637
-1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(233)
|
(226)
|
(220)
|
(221)
|
(217)
|
(222)
|
(233)
|
(235)
|
(228)
|
(244)
|
(246)
|
(254)
|
(256)
|
(270)
|
(270)
|
(272)
|
(274)
|
(262)
|
(270)
|
(278)
|
(278)
|
(315)
|
(334)
|
(372)
|
(387)
|
(418)
|
(427)
|
(427)
|
(435)
|
(436)
|
(460)
|
(456)
|
|
Gross Profit |
162
N/A
|
157
-3%
|
157
-1%
|
158
+1%
|
160
+1%
|
151
-5%
|
149
-2%
|
146
-2%
|
152
+4%
|
151
-1%
|
151
+0%
|
152
+1%
|
160
+5%
|
159
-1%
|
161
+2%
|
162
+0%
|
169
+4%
|
154
-9%
|
160
+4%
|
163
+2%
|
166
+2%
|
168
+1%
|
162
-4%
|
162
0%
|
168
+4%
|
163
-3%
|
164
+0%
|
164
+1%
|
180
+9%
|
178
-1%
|
183
+3%
|
181
-1%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(85)
|
(80)
|
(81)
|
(85)
|
(93)
|
(87)
|
(89)
|
(88)
|
(95)
|
(93)
|
(92)
|
(92)
|
(100)
|
(97)
|
(98)
|
(101)
|
(108)
|
(97)
|
(103)
|
(100)
|
(102)
|
(102)
|
(102)
|
(105)
|
(113)
|
(107)
|
(103)
|
(101)
|
(109)
|
(104)
|
(110)
|
(109)
|
|
Selling, General & Administrative |
(58)
|
(67)
|
(69)
|
(72)
|
(63)
|
(81)
|
(90)
|
(90)
|
(67)
|
(96)
|
(97)
|
(98)
|
(69)
|
(65)
|
(60)
|
(55)
|
(75)
|
(72)
|
(75)
|
(73)
|
(69)
|
(73)
|
(72)
|
(75)
|
(74)
|
(75)
|
(72)
|
(73)
|
(76)
|
(79)
|
(82)
|
(80)
|
|
Research & Development |
(22)
|
(11)
|
(11)
|
0
|
(24)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(27)
|
(36)
|
(42)
|
(49)
|
(27)
|
(29)
|
(30)
|
(30)
|
(25)
|
(32)
|
(33)
|
(34)
|
(29)
|
(35)
|
(33)
|
(31)
|
(25)
|
(30)
|
(32)
|
(32)
|
|
Depreciation & Amortization |
(5)
|
(2)
|
(3)
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(1)
|
(1)
|
(13)
|
(0)
|
(6)
|
1
|
1
|
3
|
3
|
5
|
6
|
3
|
4
|
4
|
4
|
2
|
3
|
3
|
2
|
2
|
3
|
3
|
3
|
1
|
3
|
3
|
3
|
3
|
5
|
4
|
4
|
|
Operating Income |
77
N/A
|
78
+0%
|
75
-3%
|
73
-3%
|
67
-8%
|
64
-5%
|
60
-6%
|
58
-4%
|
57
-2%
|
58
+3%
|
59
+2%
|
60
+1%
|
61
+1%
|
61
+1%
|
63
+3%
|
61
-3%
|
61
0%
|
56
-7%
|
57
+2%
|
63
+9%
|
64
+3%
|
67
+3%
|
60
-9%
|
56
-7%
|
54
-3%
|
56
+4%
|
61
+8%
|
63
+4%
|
71
+12%
|
73
+4%
|
73
-1%
|
72
0%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
3
|
2
|
2
|
6
|
8
|
10
|
11
|
9
|
8
|
9
|
11
|
12
|
12
|
12
|
11
|
11
|
14
|
11
|
9
|
9
|
6
|
6
|
6
|
4
|
3
|
6
|
10
|
11
|
11
|
12
|
9
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(9)
|
(10)
|
(9)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
2
|
2
|
2
|
3
|
1
|
2
|
4
|
3
|
3
|
2
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
(0)
|
0
|
0
|
0
|
1
|
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
|
|
Total Other Income |
1
|
1
|
4
|
5
|
8
|
8
|
6
|
(6)
|
0
|
0
|
(1)
|
9
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
80
N/A
|
81
+1%
|
83
+2%
|
80
-3%
|
82
+1%
|
80
-2%
|
76
-6%
|
63
-16%
|
56
-11%
|
57
+1%
|
58
+1%
|
71
+22%
|
73
+3%
|
73
N/A
|
75
+3%
|
72
-4%
|
72
-1%
|
70
-3%
|
70
+0%
|
73
+5%
|
75
+3%
|
75
-1%
|
67
-11%
|
64
-4%
|
63
-3%
|
63
+1%
|
70
+10%
|
74
+7%
|
81
+9%
|
84
+4%
|
84
+0%
|
80
-5%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(9)
|
(8)
|
(8)
|
(8)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(8)
|
(4)
|
(6)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(6)
|
(7)
|
|
Income from Continuing Operations |
69
|
70
|
71
|
69
|
70
|
69
|
65
|
55
|
48
|
49
|
50
|
61
|
64
|
64
|
66
|
64
|
62
|
61
|
61
|
64
|
66
|
66
|
59
|
60
|
57
|
58
|
64
|
68
|
73
|
76
|
78
|
73
|
|
Income to Minority Interest |
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
|
Net Income (Common) |
66
N/A
|
66
+0%
|
66
+1%
|
64
-3%
|
66
+2%
|
65
-2%
|
61
-5%
|
51
-17%
|
45
-12%
|
46
+2%
|
47
+2%
|
58
+24%
|
61
+6%
|
61
0%
|
63
+4%
|
61
-4%
|
60
-1%
|
59
-2%
|
58
-1%
|
61
+4%
|
62
+3%
|
61
-3%
|
54
-11%
|
56
+3%
|
53
-5%
|
53
+1%
|
58
+9%
|
62
+6%
|
67
+8%
|
71
+6%
|
73
+3%
|
69
-6%
|
|
EPS (Diluted) |
0.59
N/A
|
0.59
N/A
|
0.58
-2%
|
0.43
-26%
|
0.51
+19%
|
0.43
-16%
|
0.41
-5%
|
0.34
-17%
|
0.3
-12%
|
0.3
N/A
|
0.31
+3%
|
0.39
+26%
|
0.41
+5%
|
0.5
+22%
|
0.36
-28%
|
0.41
+14%
|
0.4
-2%
|
0.39
-3%
|
0.39
N/A
|
0.41
+5%
|
0.42
+2%
|
0.41
-2%
|
0.37
-10%
|
0.37
N/A
|
0.36
-3%
|
0.36
N/A
|
0.39
+8%
|
0.42
+8%
|
0.45
+7%
|
0.48
+7%
|
0.49
+2%
|
0.46
-6%
|