Shanghai Hugong Electric Group Co Ltd
SSE:603131
Income Statement
Earnings Waterfall
Shanghai Hugong Electric Group Co Ltd
Revenue
|
947.7m
CNY
|
Cost of Revenue
|
-752.5m
CNY
|
Gross Profit
|
195.1m
CNY
|
Operating Expenses
|
-333.9m
CNY
|
Operating Income
|
-138.8m
CNY
|
Other Expenses
|
-4.6m
CNY
|
Net Income
|
-143.4m
CNY
|
Income Statement
Shanghai Hugong Electric Group Co Ltd
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 |
469
N/A
|
490
+4%
|
500
+2%
|
554
+11%
|
600
+8%
|
656
+9%
|
713
+9%
|
717
+1%
|
715
0%
|
762
+7%
|
864
+13%
|
877
+2%
|
888
+1%
|
843
-5%
|
908
+8%
|
844
-7%
|
896
+6%
|
973
+9%
|
1 086
+12%
|
1 205
+11%
|
1 300
+8%
|
1 336
+3%
|
1 311
-2%
|
1 336
+2%
|
1 154
-14%
|
1 157
+0%
|
992
-14%
|
947
-4%
|
992
+5%
|
948
-4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(326)
|
(334)
|
(340)
|
(380)
|
(418)
|
(465)
|
(511)
|
(526)
|
(540)
|
(581)
|
(652)
|
(658)
|
(652)
|
(613)
|
(638)
|
(590)
|
(626)
|
(683)
|
(774)
|
(869)
|
(951)
|
(984)
|
(975)
|
(1 005)
|
(861)
|
(864)
|
(770)
|
(732)
|
(776)
|
(753)
|
|
Gross Profit |
143
N/A
|
155
+9%
|
160
+3%
|
174
+9%
|
183
+5%
|
192
+5%
|
202
+5%
|
191
-6%
|
174
-9%
|
180
+4%
|
212
+18%
|
219
+3%
|
236
+8%
|
230
-3%
|
270
+17%
|
254
-6%
|
270
+6%
|
290
+7%
|
312
+8%
|
335
+7%
|
349
+4%
|
351
+1%
|
336
-4%
|
331
-2%
|
292
-12%
|
293
+0%
|
221
-25%
|
215
-3%
|
216
+1%
|
195
-10%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(96)
|
(99)
|
(97)
|
(103)
|
(95)
|
(97)
|
(109)
|
(107)
|
(117)
|
(124)
|
(142)
|
(150)
|
(159)
|
(165)
|
(169)
|
(169)
|
(172)
|
(170)
|
(153)
|
(164)
|
(161)
|
(162)
|
(167)
|
(170)
|
(171)
|
(174)
|
(190)
|
(344)
|
(335)
|
(334)
|
|
Selling, General & Administrative |
(96)
|
(98)
|
(68)
|
(101)
|
(94)
|
(88)
|
(76)
|
(101)
|
(110)
|
(117)
|
(102)
|
(118)
|
(116)
|
(122)
|
(115)
|
(112)
|
(117)
|
(115)
|
(99)
|
(110)
|
(108)
|
(109)
|
(111)
|
(117)
|
(115)
|
(118)
|
(124)
|
(134)
|
(127)
|
(125)
|
|
Research & Development |
0
|
0
|
(28)
|
0
|
0
|
(9)
|
(34)
|
0
|
0
|
(9)
|
(39)
|
(33)
|
(43)
|
(44)
|
(50)
|
(52)
|
(52)
|
(53)
|
(51)
|
(54)
|
(56)
|
(58)
|
(54)
|
(58)
|
(57)
|
(58)
|
(57)
|
(59)
|
(61)
|
(61)
|
|
Depreciation & Amortization |
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(1)
|
(1)
|
(0)
|
(3)
|
(1)
|
(0)
|
3
|
(6)
|
(7)
|
2
|
3
|
1
|
(0)
|
1
|
6
|
(5)
|
(3)
|
(3)
|
9
|
0
|
3
|
5
|
9
|
6
|
1
|
2
|
7
|
(151)
|
(146)
|
(148)
|
|
Operating Income |
47
N/A
|
56
+21%
|
62
+11%
|
71
+14%
|
88
+23%
|
95
+8%
|
93
-2%
|
83
-11%
|
57
-32%
|
56
-1%
|
71
+25%
|
69
-2%
|
77
+12%
|
65
-16%
|
101
+55%
|
85
-16%
|
98
+16%
|
120
+22%
|
159
+33%
|
171
+7%
|
187
+10%
|
190
+1%
|
169
-11%
|
161
-5%
|
121
-25%
|
119
-2%
|
31
-74%
|
(130)
N/A
|
(119)
+8%
|
(139)
-17%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
9
|
8
|
15
|
15
|
7
|
1
|
(10)
|
(20)
|
(5)
|
7
|
12
|
23
|
11
|
5
|
8
|
10
|
12
|
(1)
|
(20)
|
(26)
|
(30)
|
(17)
|
(8)
|
(8)
|
(1)
|
2
|
6
|
4
|
5
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
1
|
(8)
|
0
|
(0)
|
(1)
|
(5)
|
(0)
|
(0)
|
(1)
|
(5)
|
1
|
1
|
1
|
(157)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
|
Total Other Income |
7
|
5
|
3
|
3
|
2
|
2
|
1
|
0
|
(0)
|
(0)
|
4
|
4
|
5
|
4
|
1
|
1
|
1
|
2
|
4
|
3
|
2
|
2
|
6
|
6
|
6
|
5
|
1
|
1
|
2
|
3
|
|
Pre-Tax Income |
62
N/A
|
70
+13%
|
81
+16%
|
89
+10%
|
97
+8%
|
98
+1%
|
84
-15%
|
64
-24%
|
52
-19%
|
63
+21%
|
85
+35%
|
96
+13%
|
94
-2%
|
74
-21%
|
101
+36%
|
95
-6%
|
111
+16%
|
120
+8%
|
138
+15%
|
147
+6%
|
160
+9%
|
174
+9%
|
163
-7%
|
160
-2%
|
127
-20%
|
128
+0%
|
(119)
N/A
|
(125)
-5%
|
(111)
+11%
|
(137)
-23%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(10)
|
(12)
|
(13)
|
(14)
|
(14)
|
(11)
|
(8)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(7)
|
(13)
|
(12)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(18)
|
(17)
|
(17)
|
(10)
|
(13)
|
(13)
|
(11)
|
(15)
|
(11)
|
|
Income from Continuing Operations |
54
|
60
|
69
|
77
|
83
|
83
|
73
|
56
|
46
|
56
|
76
|
86
|
84
|
67
|
88
|
83
|
96
|
104
|
121
|
129
|
141
|
157
|
146
|
142
|
117
|
115
|
(133)
|
(136)
|
(126)
|
(148)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(2)
|
(1)
|
4
|
7
|
7
|
6
|
4
|
0
|
0
|
0
|
1
|
(1)
|
(1)
|
0
|
0
|
6
|
5
|
5
|
4
|
|
Net Income (Common) |
54
N/A
|
60
+12%
|
69
+15%
|
77
+11%
|
81
+6%
|
81
-1%
|
68
-15%
|
51
-25%
|
42
-17%
|
52
+22%
|
74
+44%
|
84
+13%
|
83
0%
|
70
-15%
|
95
+35%
|
90
-5%
|
102
+13%
|
108
+6%
|
122
+13%
|
130
+7%
|
141
+9%
|
157
+12%
|
144
-8%
|
142
-2%
|
117
-17%
|
115
-2%
|
(127)
N/A
|
(130)
-3%
|
(121)
+7%
|
(143)
-18%
|
|
EPS (Diluted) |
0.37
N/A
|
0.21
-43%
|
0.28
+33%
|
0.27
-4%
|
0.29
+7%
|
0.29
N/A
|
0.24
-17%
|
0.18
-25%
|
0.14
-22%
|
0.17
+21%
|
0.24
+41%
|
0.27
+13%
|
0.27
N/A
|
0.22
-19%
|
0.3
+36%
|
0.29
-3%
|
0.32
+10%
|
0.34
+6%
|
0.38
+12%
|
0.4
+5%
|
0.44
+10%
|
0.49
+11%
|
0.45
-8%
|
0.45
N/A
|
0.37
-18%
|
0.33
-11%
|
-0.4
N/A
|
-0.4
N/A
|
-0.38
+5%
|
-0.47
-24%
|