Mubang High-tech Co Ltd
SSE:603398
Income Statement
Earnings Waterfall
Mubang High-tech Co Ltd
Revenue
|
1.2B
CNY
|
Cost of Revenue
|
-1B
CNY
|
Gross Profit
|
234.2m
CNY
|
Operating Expenses
|
-412m
CNY
|
Operating Income
|
-177.8m
CNY
|
Other Expenses
|
-45.5m
CNY
|
Net Income
|
-223.3m
CNY
|
Income Statement
Mubang High-tech Co Ltd
Jun-2015 | Sep-2015 | 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 |
300
N/A
|
310
+3%
|
310
0%
|
303
-2%
|
306
+1%
|
286
-6%
|
282
-2%
|
283
+0%
|
288
+2%
|
301
+4%
|
331
+10%
|
333
+0%
|
335
+1%
|
351
+5%
|
389
+11%
|
462
+19%
|
511
+11%
|
531
+4%
|
537
+1%
|
485
-10%
|
520
+7%
|
516
-1%
|
502
-3%
|
491
-2%
|
463
-6%
|
418
-10%
|
322
-23%
|
331
+3%
|
493
+49%
|
749
+52%
|
944
+26%
|
1 204
+27%
|
1 199
0%
|
1 243
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||
Cost of Revenue |
(196)
|
(197)
|
(192)
|
(188)
|
(187)
|
(175)
|
(175)
|
(183)
|
(189)
|
(200)
|
(216)
|
(220)
|
(227)
|
(236)
|
(262)
|
(311)
|
(341)
|
(357)
|
(356)
|
(327)
|
(343)
|
(356)
|
(343)
|
(344)
|
(344)
|
(302)
|
(223)
|
(240)
|
(375)
|
(588)
|
(778)
|
(939)
|
(972)
|
(1 009)
|
|
Gross Profit |
104
N/A
|
113
+9%
|
118
+4%
|
116
-1%
|
119
+3%
|
111
-7%
|
107
-4%
|
100
-7%
|
100
0%
|
101
+1%
|
116
+15%
|
112
-3%
|
108
-4%
|
115
+6%
|
127
+10%
|
150
+18%
|
170
+13%
|
174
+3%
|
181
+4%
|
158
-13%
|
177
+12%
|
161
-9%
|
159
-1%
|
147
-7%
|
119
-19%
|
117
-2%
|
99
-15%
|
90
-9%
|
119
+31%
|
160
+35%
|
167
+4%
|
264
+59%
|
227
-14%
|
234
+3%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||
Operating Expenses |
(37)
|
(41)
|
(44)
|
(44)
|
(45)
|
(43)
|
(48)
|
(47)
|
(45)
|
(47)
|
(56)
|
(57)
|
(64)
|
(71)
|
(81)
|
(81)
|
(86)
|
(82)
|
(90)
|
(84)
|
(90)
|
(93)
|
(86)
|
(100)
|
(93)
|
(88)
|
(107)
|
(259)
|
(271)
|
(310)
|
(203)
|
(395)
|
(416)
|
(412)
|
|
Selling, General & Administrative |
(32)
|
(34)
|
(33)
|
(37)
|
(40)
|
(41)
|
(36)
|
(47)
|
(45)
|
(47)
|
(43)
|
(57)
|
(63)
|
(71)
|
(59)
|
(67)
|
(68)
|
(63)
|
(69)
|
(70)
|
(76)
|
(78)
|
(56)
|
(67)
|
(61)
|
(61)
|
(76)
|
(94)
|
(101)
|
(123)
|
(145)
|
(183)
|
(199)
|
(195)
|
|
Research & Development |
0
|
(5)
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(16)
|
(21)
|
(26)
|
(31)
|
(17)
|
(18)
|
(18)
|
(18)
|
(16)
|
(19)
|
(19)
|
(19)
|
(14)
|
(16)
|
(18)
|
(24)
|
(31)
|
(41)
|
(43)
|
(47)
|
|
Depreciation & Amortization |
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(1)
|
(0)
|
(6)
|
(6)
|
(3)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
4
|
8
|
8
|
11
|
7
|
4
|
5
|
3
|
3
|
(13)
|
(12)
|
(7)
|
2
|
(149)
|
(151)
|
(163)
|
0
|
(170)
|
(174)
|
(169)
|
|
Operating Income |
68
N/A
|
73
+7%
|
74
+2%
|
72
-2%
|
74
+3%
|
68
-8%
|
59
-13%
|
53
-11%
|
55
+3%
|
54
-2%
|
60
+11%
|
56
-7%
|
44
-20%
|
44
-1%
|
46
+5%
|
69
+51%
|
84
+21%
|
92
+9%
|
92
0%
|
74
-19%
|
87
+18%
|
67
-23%
|
73
+8%
|
47
-35%
|
26
-44%
|
29
+9%
|
(8)
N/A
|
(168)
-2 060%
|
(152)
+10%
|
(150)
+1%
|
(36)
+76%
|
(130)
-264%
|
(189)
-45%
|
(178)
+6%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
2
|
2
|
3
|
5
|
5
|
8
|
8
|
7
|
9
|
8
|
8
|
7
|
4
|
1
|
(2)
|
(3)
|
(2)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(7)
|
(4)
|
(2)
|
(0)
|
(2)
|
(6)
|
(12)
|
(21)
|
(23)
|
(28)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(2)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(151)
|
0
|
0
|
0
|
(163)
|
(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
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
2
|
2
|
2
|
2
|
4
|
4
|
4
|
2
|
4
|
4
|
4
|
6
|
3
|
0
|
(1)
|
(3)
|
(4)
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
(1)
|
21
|
21
|
20
|
19
|
(3)
|
(4)
|
(2)
|
(5)
|
(3)
|
(3)
|
|
Pre-Tax Income |
70
N/A
|
76
+8%
|
77
+2%
|
75
-2%
|
79
+5%
|
76
-4%
|
68
-10%
|
64
-6%
|
67
+5%
|
64
-4%
|
72
+12%
|
67
-8%
|
56
-16%
|
54
-4%
|
49
-9%
|
69
+41%
|
80
+15%
|
86
+8%
|
89
+4%
|
70
-21%
|
81
+16%
|
59
-27%
|
48
-18%
|
39
-19%
|
40
+4%
|
45
+13%
|
(140)
N/A
|
(150)
-7%
|
(157)
-5%
|
(160)
-2%
|
(213)
-33%
|
(157)
+26%
|
(216)
-37%
|
(209)
+3%
|
|
Net Income | |||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(6)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(7)
|
(7)
|
(7)
|
(10)
|
(12)
|
(13)
|
(13)
|
(10)
|
(12)
|
(8)
|
(8)
|
(6)
|
(7)
|
(10)
|
2
|
2
|
(0)
|
0
|
(16)
|
(29)
|
(11)
|
(16)
|
|
Income from Continuing Operations |
63
|
70
|
66
|
65
|
68
|
65
|
59
|
55
|
58
|
56
|
62
|
57
|
49
|
47
|
42
|
59
|
68
|
73
|
76
|
60
|
69
|
51
|
40
|
33
|
33
|
36
|
(138)
|
(147)
|
(157)
|
(160)
|
(229)
|
(186)
|
(227)
|
(224)
|
|
Income to Minority Interest |
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
|
0
|
0
|
1
|
1
|
|
Net Income (Common) |
63
N/A
|
70
+12%
|
66
-5%
|
65
-2%
|
68
+4%
|
65
-4%
|
59
-10%
|
55
-6%
|
58
+5%
|
56
-3%
|
62
+12%
|
57
-8%
|
49
-15%
|
47
-5%
|
42
-10%
|
59
+41%
|
68
+15%
|
73
+8%
|
76
+4%
|
60
-21%
|
69
+16%
|
51
-27%
|
40
-21%
|
33
-19%
|
33
+3%
|
36
+7%
|
(138)
N/A
|
(147)
-7%
|
(157)
-7%
|
(160)
-2%
|
(229)
-43%
|
(186)
+19%
|
(226)
-22%
|
(223)
+1%
|
|
EPS (Diluted) |
0.27
N/A
|
0.29
+7%
|
0.22
-24%
|
0.21
-5%
|
0.24
+14%
|
0.22
-8%
|
0.2
-9%
|
0.19
-5%
|
0.2
+5%
|
0.19
-5%
|
0.21
+11%
|
0.19
-10%
|
0.16
-16%
|
0.15
-6%
|
0.14
-7%
|
0.2
+43%
|
0.23
+15%
|
0.28
+22%
|
0.26
-7%
|
0.22
-15%
|
0.25
+14%
|
0.18
-28%
|
0.13
-28%
|
0.11
-15%
|
0.1
-9%
|
0.11
+10%
|
-0.42
N/A
|
-0.42
N/A
|
-0.46
-10%
|
-0.46
N/A
|
-0.67
-46%
|
-0.54
+19%
|
-0.66
-22%
|
-0.65
+2%
|