Ningbo Xusheng Auto Technology Co Ltd
SSE:603305
Income Statement
Earnings Waterfall
Ningbo Xusheng Auto Technology Co Ltd
Revenue
|
4.8B
CNY
|
Cost of Revenue
|
-3.6B
CNY
|
Gross Profit
|
1.2B
CNY
|
Operating Expenses
|
-338.9m
CNY
|
Operating Income
|
840.4m
CNY
|
Other Expenses
|
-59.4m
CNY
|
Net Income
|
781m
CNY
|
Income Statement
Ningbo Xusheng Auto Technology Co Ltd
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 |
687
N/A
|
719
+5%
|
739
+3%
|
784
+6%
|
881
+12%
|
1 026
+16%
|
1 096
+7%
|
1 133
+3%
|
1 106
-2%
|
1 048
-5%
|
1 097
+5%
|
1 134
+3%
|
1 258
+11%
|
1 425
+13%
|
1 628
+14%
|
1 844
+13%
|
2 175
+18%
|
2 535
+17%
|
3 023
+19%
|
3 510
+16%
|
3 805
+8%
|
4 276
+12%
|
4 454
+4%
|
4 635
+4%
|
4 821
+4%
|
4 764
-1%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(357)
|
(390)
|
(411)
|
(454)
|
(528)
|
(615)
|
(663)
|
(710)
|
(708)
|
(691)
|
(731)
|
(751)
|
(822)
|
(933)
|
(1 096)
|
(1 267)
|
(1 525)
|
(1 852)
|
(2 304)
|
(2 738)
|
(3 017)
|
(3 349)
|
(3 406)
|
(3 484)
|
(3 616)
|
(3 585)
|
|
Gross Profit |
330
N/A
|
328
-1%
|
328
0%
|
330
+1%
|
353
+7%
|
410
+16%
|
433
+5%
|
423
-2%
|
398
-6%
|
357
-10%
|
366
+3%
|
383
+5%
|
436
+14%
|
492
+13%
|
532
+8%
|
577
+9%
|
649
+13%
|
682
+5%
|
719
+5%
|
772
+7%
|
789
+2%
|
927
+17%
|
1 048
+13%
|
1 151
+10%
|
1 205
+5%
|
1 179
-2%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(57)
|
(64)
|
(71)
|
(68)
|
(77)
|
(83)
|
(105)
|
(111)
|
(112)
|
(122)
|
(121)
|
(122)
|
(133)
|
(138)
|
(142)
|
(152)
|
(175)
|
(197)
|
(247)
|
(250)
|
(266)
|
(285)
|
(302)
|
(329)
|
(342)
|
(339)
|
|
Selling, General & Administrative |
(55)
|
(57)
|
(42)
|
(67)
|
(74)
|
(75)
|
(61)
|
(71)
|
(65)
|
(77)
|
(71)
|
(84)
|
(91)
|
(95)
|
(89)
|
(97)
|
(99)
|
(101)
|
(122)
|
(118)
|
(119)
|
(131)
|
(126)
|
(142)
|
(166)
|
(157)
|
|
Research & Development |
0
|
(8)
|
(29)
|
0
|
0
|
(13)
|
(37)
|
(38)
|
(50)
|
(50)
|
(39)
|
(49)
|
(49)
|
(53)
|
(45)
|
(65)
|
(86)
|
(106)
|
(110)
|
(146)
|
(152)
|
(157)
|
(143)
|
(180)
|
(183)
|
(189)
|
|
Depreciation & Amortization |
0
|
0
|
(6)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(2)
|
0
|
6
|
(1)
|
(2)
|
5
|
7
|
(2)
|
4
|
5
|
9
|
12
|
7
|
10
|
18
|
10
|
10
|
10
|
17
|
14
|
5
|
3
|
15
|
(8)
|
7
|
7
|
|
Operating Income |
273
N/A
|
264
-3%
|
257
-3%
|
262
+2%
|
276
+6%
|
327
+18%
|
328
+0%
|
311
-5%
|
286
-8%
|
235
-18%
|
245
+4%
|
261
+6%
|
303
+16%
|
353
+17%
|
390
+10%
|
425
+9%
|
475
+12%
|
485
+2%
|
472
-3%
|
522
+11%
|
522
0%
|
642
+23%
|
745
+16%
|
821
+10%
|
863
+5%
|
840
-3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
1
|
1
|
10
|
17
|
14
|
10
|
2
|
(3)
|
(5)
|
(4)
|
2
|
(1)
|
(3)
|
7
|
(4)
|
6
|
(5)
|
(24)
|
7
|
9
|
39
|
51
|
64
|
32
|
|
Non-Reccuring Items |
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)
|
|
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
|
|
Total Other Income |
4
|
5
|
2
|
(1)
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(0)
|
1
|
|
Pre-Tax Income |
275
N/A
|
267
-3%
|
260
-3%
|
262
+1%
|
286
+9%
|
342
+19%
|
342
0%
|
321
-6%
|
288
-11%
|
231
-20%
|
240
+4%
|
256
+7%
|
304
+19%
|
351
+15%
|
387
+10%
|
432
+12%
|
470
+9%
|
489
+4%
|
465
-5%
|
497
+7%
|
528
+6%
|
650
+23%
|
782
+20%
|
872
+11%
|
927
+6%
|
873
-6%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(41)
|
(39)
|
(38)
|
(39)
|
(42)
|
(51)
|
(48)
|
(44)
|
(42)
|
(31)
|
(33)
|
(37)
|
(42)
|
(50)
|
(54)
|
(60)
|
(67)
|
(56)
|
(53)
|
(54)
|
(52)
|
(84)
|
(82)
|
(99)
|
(108)
|
(94)
|
|
Income from Continuing Operations |
234
|
228
|
222
|
224
|
244
|
291
|
294
|
277
|
246
|
200
|
207
|
220
|
263
|
301
|
333
|
372
|
403
|
433
|
413
|
443
|
476
|
566
|
700
|
773
|
819
|
779
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
|
Net Income (Common) |
234
N/A
|
228
-3%
|
222
-3%
|
224
+1%
|
244
+9%
|
291
+19%
|
294
+1%
|
277
-6%
|
246
-11%
|
200
-19%
|
207
+3%
|
220
+6%
|
263
+20%
|
301
+15%
|
333
+10%
|
372
+12%
|
403
+8%
|
434
+8%
|
413
-5%
|
443
+7%
|
477
+8%
|
567
+19%
|
701
+24%
|
774
+10%
|
820
+6%
|
781
-5%
|
|
EPS (Diluted) |
0.58
N/A
|
0.56
-3%
|
0.59
+5%
|
0.56
-5%
|
0.62
+11%
|
0.73
+18%
|
0.73
N/A
|
0.69
-5%
|
0.61
-12%
|
0.5
-18%
|
0.52
+4%
|
0.56
+8%
|
0.52
-7%
|
0.7
+35%
|
0.77
+10%
|
0.83
+8%
|
0.64
-23%
|
0.69
+8%
|
0.47
-32%
|
0.71
+51%
|
0.76
+7%
|
0.65
-14%
|
0.79
+22%
|
0.82
+4%
|
0.89
+9%
|
0.86
-3%
|