Shenzhen Kinwong Electronic Co Ltd
SSE:603228
Income Statement
Earnings Waterfall
Shenzhen Kinwong Electronic Co Ltd
Revenue
|
10.5B
CNY
|
Cost of Revenue
|
-8.1B
CNY
|
Gross Profit
|
2.5B
CNY
|
Operating Expenses
|
-1.2B
CNY
|
Operating Income
|
1.3B
CNY
|
Other Expenses
|
-305.7m
CNY
|
Net Income
|
1B
CNY
|
Income Statement
Shenzhen Kinwong Electronic Co Ltd
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 |
3 283
N/A
|
3 508
+7%
|
3 755
+7%
|
3 967
+6%
|
4 192
+6%
|
4 273
+2%
|
4 497
+5%
|
4 750
+6%
|
4 986
+5%
|
5 316
+7%
|
5 563
+5%
|
5 879
+6%
|
6 332
+8%
|
6 454
+2%
|
6 619
+3%
|
6 724
+2%
|
7 064
+5%
|
7 696
+9%
|
8 262
+7%
|
8 896
+8%
|
9 532
+7%
|
9 829
+3%
|
10 322
+5%
|
10 489
+2%
|
10 514
+0%
|
10 487
0%
|
10 348
-1%
|
10 550
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(2 226)
|
(2 396)
|
(2 564)
|
(2 716)
|
(2 842)
|
(2 911)
|
(3 059)
|
(3 238)
|
(3 411)
|
(3 709)
|
(3 947)
|
(4 267)
|
(4 616)
|
(4 724)
|
(4 782)
|
(4 801)
|
(5 082)
|
(5 617)
|
(6 177)
|
(6 766)
|
(7 356)
|
(7 728)
|
(8 156)
|
(8 262)
|
(8 214)
|
(8 099)
|
(7 962)
|
(8 062)
|
|
Gross Profit |
1 057
N/A
|
1 112
+5%
|
1 191
+7%
|
1 251
+5%
|
1 350
+8%
|
1 362
+1%
|
1 438
+6%
|
1 512
+5%
|
1 574
+4%
|
1 607
+2%
|
1 616
+1%
|
1 611
0%
|
1 717
+7%
|
1 731
+1%
|
1 838
+6%
|
1 924
+5%
|
1 982
+3%
|
2 080
+5%
|
2 085
+0%
|
2 130
+2%
|
2 176
+2%
|
2 100
-3%
|
2 166
+3%
|
2 227
+3%
|
2 300
+3%
|
2 388
+4%
|
2 386
0%
|
2 488
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(415)
|
(425)
|
(452)
|
(464)
|
(522)
|
(529)
|
(555)
|
(603)
|
(675)
|
(675)
|
(694)
|
(767)
|
(820)
|
(808)
|
(877)
|
(891)
|
(891)
|
(920)
|
(960)
|
(982)
|
(1 108)
|
(1 045)
|
(1 079)
|
(1 133)
|
(1 142)
|
(1 105)
|
(1 157)
|
(1 163)
|
|
Selling, General & Administrative |
(277)
|
(406)
|
(436)
|
(484)
|
(358)
|
(548)
|
(578)
|
(536)
|
(459)
|
(505)
|
(479)
|
(540)
|
(555)
|
(552)
|
(586)
|
(588)
|
(583)
|
(633)
|
(647)
|
(640)
|
(629)
|
(593)
|
(592)
|
(601)
|
(606)
|
(581)
|
(605)
|
(609)
|
|
Research & Development |
(128)
|
0
|
0
|
0
|
(185)
|
0
|
0
|
(62)
|
(215)
|
(183)
|
(258)
|
(275)
|
(276)
|
(310)
|
(329)
|
(343)
|
(332)
|
(368)
|
(392)
|
(433)
|
(432)
|
(485)
|
(500)
|
(509)
|
(503)
|
(572)
|
(598)
|
(609)
|
|
Depreciation & Amortization |
(10)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(100)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(19)
|
(16)
|
20
|
49
|
19
|
23
|
(5)
|
32
|
14
|
43
|
48
|
64
|
54
|
39
|
39
|
83
|
81
|
79
|
92
|
24
|
33
|
13
|
(23)
|
66
|
48
|
45
|
55
|
|
Operating Income |
643
N/A
|
687
+7%
|
740
+8%
|
787
+6%
|
827
+5%
|
833
+1%
|
883
+6%
|
909
+3%
|
899
-1%
|
933
+4%
|
923
-1%
|
844
-9%
|
897
+6%
|
923
+3%
|
961
+4%
|
1 032
+7%
|
1 091
+6%
|
1 160
+6%
|
1 125
-3%
|
1 148
+2%
|
1 068
-7%
|
1 055
-1%
|
1 087
+3%
|
1 094
+1%
|
1 159
+6%
|
1 284
+11%
|
1 229
-4%
|
1 325
+8%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
5
|
(2)
|
(3)
|
(13)
|
(24)
|
1
|
19
|
39
|
13
|
14
|
29
|
46
|
66
|
49
|
(11)
|
(20)
|
(73)
|
(102)
|
(83)
|
(16)
|
(103)
|
(37)
|
7
|
106
|
7
|
(47)
|
(136)
|
|
Non-Reccuring Items |
(13)
|
0
|
0
|
0
|
(12)
|
(2)
|
(3)
|
(4)
|
(15)
|
(3)
|
(4)
|
(8)
|
(16)
|
(9)
|
(8)
|
(4)
|
(13)
|
(2)
|
(3)
|
(2)
|
(6)
|
1
|
(3)
|
(5)
|
(33)
|
(12)
|
(7)
|
(6)
|
|
Gain/Loss on Disposition of Assets |
(2)
|
0
|
(12)
|
(10)
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
|
Total Other Income |
26
|
23
|
11
|
5
|
(0)
|
(6)
|
6
|
7
|
3
|
1
|
(5)
|
(7)
|
(1)
|
(15)
|
(10)
|
(8)
|
(1)
|
(5)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(6)
|
(3)
|
(4)
|
(6)
|
(6)
|
|
Pre-Tax Income |
653
N/A
|
714
+9%
|
737
+3%
|
779
+6%
|
800
+3%
|
800
0%
|
887
+11%
|
931
+5%
|
923
-1%
|
944
+2%
|
927
-2%
|
858
-7%
|
912
+6%
|
964
+6%
|
991
+3%
|
1 009
+2%
|
1 054
+4%
|
1 080
+3%
|
1 017
-6%
|
1 060
+4%
|
1 043
-2%
|
950
-9%
|
1 045
+10%
|
1 090
+4%
|
1 226
+12%
|
1 274
+4%
|
1 169
-8%
|
1 177
+1%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(116)
|
(128)
|
(129)
|
(135)
|
(141)
|
(135)
|
(152)
|
(159)
|
(128)
|
(128)
|
(118)
|
(104)
|
(135)
|
(139)
|
(138)
|
(131)
|
(129)
|
(130)
|
(115)
|
(121)
|
(112)
|
(92)
|
(97)
|
(102)
|
(145)
|
(159)
|
(162)
|
(168)
|
|
Income from Continuing Operations |
538
|
585
|
609
|
644
|
660
|
665
|
735
|
772
|
795
|
816
|
809
|
754
|
777
|
826
|
853
|
878
|
925
|
950
|
902
|
939
|
931
|
858
|
947
|
989
|
1 081
|
1 115
|
1 007
|
1 009
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
14
|
29
|
51
|
60
|
49
|
35
|
13
|
(4)
|
4
|
4
|
7
|
5
|
(1)
|
(9)
|
(16)
|
(15)
|
(14)
|
(2)
|
10
|
|
Net Income (Common) |
538
N/A
|
585
+9%
|
609
+4%
|
644
+6%
|
660
+2%
|
665
+1%
|
735
+11%
|
772
+5%
|
803
+4%
|
830
+3%
|
838
+1%
|
805
-4%
|
837
+4%
|
875
+5%
|
889
+2%
|
891
+0%
|
921
+3%
|
954
+4%
|
906
-5%
|
945
+4%
|
935
-1%
|
856
-8%
|
938
+10%
|
973
+4%
|
1 066
+10%
|
1 102
+3%
|
1 004
-9%
|
1 019
+1%
|
|
EPS (Diluted) |
0.67
N/A
|
0.73
+9%
|
0.76
+4%
|
0.81
+7%
|
0.83
+2%
|
0.84
+1%
|
0.92
+10%
|
0.97
+5%
|
1
+3%
|
1.04
+4%
|
1
-4%
|
0.95
-5%
|
1
+5%
|
1.02
+2%
|
1.07
+5%
|
1.07
N/A
|
1.1
+3%
|
1.11
+1%
|
1.08
-3%
|
1.12
+4%
|
1.11
-1%
|
1.02
-8%
|
1.11
+9%
|
1.16
+5%
|
1.27
+9%
|
1.31
+3%
|
1.2
-8%
|
1.21
+1%
|