Huada Automotive Technology Co Ltd
SSE:603358
Income Statement
Earnings Waterfall
Huada Automotive Technology Co Ltd
Revenue
|
5.3B
CNY
|
Cost of Revenue
|
-4.5B
CNY
|
Gross Profit
|
758.5m
CNY
|
Operating Expenses
|
-489.4m
CNY
|
Operating Income
|
269.1m
CNY
|
Other Expenses
|
10.3m
CNY
|
Net Income
|
279.4m
CNY
|
Income Statement
Huada Automotive Technology 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 |
2 533
N/A
|
2 605
+3%
|
2 725
+5%
|
2 795
+3%
|
2 890
+3%
|
3 104
+7%
|
3 172
+2%
|
3 365
+6%
|
3 658
+9%
|
3 667
+0%
|
4 052
+11%
|
4 164
+3%
|
4 030
-3%
|
3 968
-2%
|
4 178
+5%
|
3 794
-9%
|
3 813
+0%
|
3 978
+4%
|
4 134
+4%
|
4 525
+9%
|
4 821
+7%
|
4 862
+1%
|
4 717
-3%
|
4 947
+5%
|
4 670
-6%
|
5 066
+8%
|
5 163
+2%
|
5 110
-1%
|
5 377
+5%
|
5 271
-2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(1 910)
|
(1 954)
|
(2 079)
|
(2 133)
|
(2 238)
|
(2 477)
|
(2 571)
|
(2 752)
|
(3 028)
|
(3 018)
|
(3 396)
|
(3 512)
|
(3 428)
|
(3 381)
|
(3 544)
|
(3 155)
|
(3 118)
|
(3 262)
|
(3 507)
|
(3 807)
|
(4 126)
|
(4 175)
|
(3 988)
|
(4 254)
|
(3 900)
|
(4 273)
|
(4 491)
|
(4 341)
|
(4 606)
|
(4 513)
|
|
Gross Profit |
623
N/A
|
651
+4%
|
645
-1%
|
662
+3%
|
652
-2%
|
627
-4%
|
601
-4%
|
613
+2%
|
630
+3%
|
649
+3%
|
657
+1%
|
652
-1%
|
602
-8%
|
587
-2%
|
633
+8%
|
639
+1%
|
694
+9%
|
716
+3%
|
627
-12%
|
719
+15%
|
696
-3%
|
687
-1%
|
728
+6%
|
693
-5%
|
770
+11%
|
794
+3%
|
671
-15%
|
770
+15%
|
771
+0%
|
758
-2%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(251)
|
(266)
|
(305)
|
(302)
|
(326)
|
(356)
|
(357)
|
(363)
|
(378)
|
(403)
|
(440)
|
(477)
|
(470)
|
(452)
|
(451)
|
(475)
|
(497)
|
(505)
|
(347)
|
(386)
|
(325)
|
(299)
|
(362)
|
(369)
|
(462)
|
(475)
|
(417)
|
(480)
|
(495)
|
(489)
|
|
Selling, General & Administrative |
(195)
|
(208)
|
(177)
|
(235)
|
(253)
|
(305)
|
(216)
|
(357)
|
(364)
|
(345)
|
(278)
|
(302)
|
(273)
|
(270)
|
(271)
|
(281)
|
(262)
|
(267)
|
(174)
|
(211)
|
(197)
|
(176)
|
(175)
|
(184)
|
(203)
|
(206)
|
(218)
|
(214)
|
(209)
|
(210)
|
|
Research & Development |
0
|
(59)
|
(124)
|
0
|
0
|
0
|
(137)
|
0
|
0
|
(48)
|
(146)
|
(127)
|
(163)
|
(151)
|
(158)
|
(160)
|
(152)
|
(152)
|
(155)
|
(163)
|
(165)
|
(161)
|
(166)
|
(171)
|
(171)
|
(179)
|
(186)
|
(191)
|
(207)
|
(198)
|
|
Depreciation & Amortization |
0
|
(2)
|
(4)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(56)
|
4
|
(0)
|
(67)
|
(73)
|
(52)
|
5
|
(6)
|
(15)
|
(10)
|
4
|
(49)
|
(34)
|
(31)
|
5
|
(34)
|
(83)
|
(86)
|
11
|
(12)
|
36
|
38
|
9
|
(14)
|
(89)
|
(89)
|
14
|
(75)
|
(79)
|
(81)
|
|
Operating Income |
372
N/A
|
385
+3%
|
340
-12%
|
360
+6%
|
326
-10%
|
271
-17%
|
244
-10%
|
251
+3%
|
251
+0%
|
247
-2%
|
217
-12%
|
175
-19%
|
132
-24%
|
135
+2%
|
182
+35%
|
164
-10%
|
197
+20%
|
211
+7%
|
281
+33%
|
333
+18%
|
370
+11%
|
389
+5%
|
366
-6%
|
324
-12%
|
308
-5%
|
319
+4%
|
254
-20%
|
290
+14%
|
277
-5%
|
269
-3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(4)
|
(2)
|
0
|
9
|
15
|
22
|
24
|
25
|
24
|
21
|
18
|
40
|
91
|
15
|
16
|
(11)
|
(62)
|
24
|
30
|
34
|
33
|
66
|
66
|
62
|
96
|
47
|
77
|
85
|
113
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
0
|
(0)
|
(1)
|
(24)
|
(1)
|
(1)
|
(2)
|
(15)
|
(1)
|
(1)
|
(1)
|
8
|
4
|
3
|
3
|
|
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 |
5
|
6
|
5
|
6
|
2
|
2
|
1
|
(2)
|
(1)
|
(1)
|
2
|
1
|
1
|
(1)
|
0
|
1
|
1
|
3
|
3
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
3
|
3
|
2
|
(0)
|
|
Pre-Tax Income |
372
N/A
|
388
+4%
|
343
-12%
|
367
+7%
|
337
-8%
|
288
-14%
|
268
-7%
|
273
+2%
|
275
+1%
|
269
-2%
|
240
-11%
|
194
-19%
|
174
-11%
|
227
+30%
|
197
-13%
|
181
-8%
|
187
+3%
|
151
-19%
|
283
+88%
|
363
+28%
|
405
+12%
|
422
+4%
|
418
-1%
|
389
-7%
|
369
-5%
|
414
+12%
|
311
-25%
|
374
+20%
|
367
-2%
|
385
+5%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(66)
|
(78)
|
(52)
|
(51)
|
(39)
|
(21)
|
(42)
|
(42)
|
(38)
|
(39)
|
(27)
|
(20)
|
(16)
|
(31)
|
(28)
|
(23)
|
(26)
|
(19)
|
(40)
|
(55)
|
(59)
|
(59)
|
(52)
|
(42)
|
(45)
|
(43)
|
(50)
|
(64)
|
(64)
|
(77)
|
|
Income from Continuing Operations |
306
|
310
|
291
|
316
|
298
|
267
|
226
|
230
|
237
|
231
|
214
|
174
|
157
|
196
|
169
|
158
|
161
|
132
|
243
|
308
|
346
|
363
|
366
|
347
|
324
|
371
|
261
|
310
|
303
|
308
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(8)
|
(13)
|
(26)
|
(50)
|
(13)
|
(8)
|
4
|
24
|
(14)
|
(16)
|
(25)
|
(19)
|
(7)
|
(3)
|
(0)
|
(7)
|
(1)
|
(9)
|
(19)
|
(29)
|
|
Net Income (Common) |
306
N/A
|
310
+1%
|
291
-6%
|
316
+9%
|
298
-6%
|
267
-10%
|
226
-15%
|
230
+2%
|
237
+3%
|
230
-3%
|
206
-11%
|
160
-22%
|
132
-18%
|
146
+11%
|
156
+7%
|
150
-4%
|
165
+10%
|
156
-6%
|
229
+47%
|
292
+27%
|
321
+10%
|
344
+7%
|
358
+4%
|
344
-4%
|
324
-6%
|
364
+12%
|
260
-29%
|
301
+16%
|
284
-6%
|
279
-2%
|
|
EPS (Diluted) |
1.39
N/A
|
0.94
-32%
|
0.88
-6%
|
0.72
-18%
|
0.7
-3%
|
0.6
-14%
|
0.52
-13%
|
0.53
+2%
|
0.54
+2%
|
0.53
-2%
|
0.47
-11%
|
0.37
-21%
|
0.31
-16%
|
0.34
+10%
|
0.35
+3%
|
0.35
N/A
|
0.38
+9%
|
0.36
-5%
|
0.52
+44%
|
0.66
+27%
|
0.73
+11%
|
0.78
+7%
|
0.82
+5%
|
0.78
-5%
|
0.74
-5%
|
0.83
+12%
|
0.59
-29%
|
0.69
+17%
|
0.65
-6%
|
0.64
-2%
|