Bafang Electric Suzhou Co Ltd
SSE:603489
Income Statement
Earnings Waterfall
Bafang Electric Suzhou Co Ltd
Revenue
|
1.8B
CNY
|
Cost of Revenue
|
-1.3B
CNY
|
Gross Profit
|
495.6m
CNY
|
Operating Expenses
|
-342.9m
CNY
|
Operating Income
|
152.7m
CNY
|
Other Expenses
|
5.6m
CNY
|
Net Income
|
158.3m
CNY
|
Income Statement
Bafang Electric Suzhou Co Ltd
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 |
1 183
N/A
|
1 197
+1%
|
1 127
-6%
|
1 169
+4%
|
1 286
+10%
|
1 397
+9%
|
1 675
+20%
|
2 055
+23%
|
2 326
+13%
|
2 647
+14%
|
2 882
+9%
|
2 958
+3%
|
3 128
+6%
|
2 850
-9%
|
2 540
-11%
|
2 220
-13%
|
1 819
-18%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(701)
|
(686)
|
(644)
|
(665)
|
(721)
|
(794)
|
(984)
|
(1 262)
|
(1 511)
|
(1 742)
|
(1 920)
|
(1 996)
|
(2 143)
|
(1 995)
|
(1 820)
|
(1 600)
|
(1 324)
|
|
Gross Profit |
482
N/A
|
511
+6%
|
483
-6%
|
504
+5%
|
566
+12%
|
604
+7%
|
691
+15%
|
792
+15%
|
814
+3%
|
905
+11%
|
962
+6%
|
962
0%
|
986
+2%
|
855
-13%
|
720
-16%
|
620
-14%
|
496
-20%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(127)
|
(142)
|
(133)
|
(141)
|
(146)
|
(164)
|
(167)
|
(188)
|
(216)
|
(271)
|
(286)
|
(297)
|
(318)
|
(289)
|
(321)
|
(344)
|
(343)
|
|
Selling, General & Administrative |
(86)
|
(97)
|
(91)
|
(102)
|
(104)
|
(117)
|
(122)
|
(132)
|
(158)
|
(192)
|
(195)
|
(207)
|
(219)
|
(207)
|
(218)
|
(220)
|
(220)
|
|
Research & Development |
(39)
|
(44)
|
(44)
|
(43)
|
(45)
|
(47)
|
(49)
|
(58)
|
(61)
|
(81)
|
(93)
|
(98)
|
(107)
|
(85)
|
(86)
|
(87)
|
(86)
|
|
Depreciation & Amortization |
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(2)
|
1
|
2
|
3
|
2
|
3
|
3
|
2
|
3
|
4
|
2
|
8
|
8
|
16
|
(17)
|
(38)
|
(37)
|
|
Operating Income |
355
N/A
|
370
+4%
|
350
-5%
|
363
+4%
|
420
+16%
|
440
+5%
|
524
+19%
|
605
+15%
|
599
-1%
|
634
+6%
|
677
+7%
|
665
-2%
|
668
+0%
|
566
-15%
|
398
-30%
|
276
-31%
|
153
-45%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
4
|
6
|
11
|
31
|
32
|
28
|
36
|
16
|
19
|
22
|
13
|
29
|
26
|
20
|
31
|
25
|
22
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Total Other Income |
4
|
2
|
3
|
3
|
3
|
3
|
2
|
1
|
1
|
49
|
50
|
51
|
53
|
5
|
6
|
5
|
3
|
|
Pre-Tax Income |
363
N/A
|
377
+4%
|
364
-4%
|
397
+9%
|
455
+15%
|
471
+3%
|
562
+19%
|
622
+11%
|
619
0%
|
705
+14%
|
740
+5%
|
745
+1%
|
747
+0%
|
591
-21%
|
435
-26%
|
306
-30%
|
177
-42%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(53)
|
(54)
|
(52)
|
(56)
|
(64)
|
(69)
|
(81)
|
(91)
|
(89)
|
(99)
|
(104)
|
(97)
|
(100)
|
(79)
|
(56)
|
(40)
|
(19)
|
|
Income from Continuing Operations |
310
|
324
|
312
|
341
|
391
|
402
|
481
|
531
|
530
|
607
|
636
|
648
|
647
|
512
|
379
|
266
|
158
|
|
Net Income (Common) |
310
N/A
|
324
+4%
|
312
-4%
|
341
+9%
|
391
+15%
|
402
+3%
|
481
+20%
|
531
+10%
|
530
0%
|
607
+14%
|
636
+5%
|
648
+2%
|
647
0%
|
512
-21%
|
379
-26%
|
266
-30%
|
158
-41%
|
|
EPS (Diluted) |
3.44
N/A
|
3.5
+2%
|
2.59
-26%
|
2.84
+10%
|
3.25
+14%
|
3.35
+3%
|
4.01
+20%
|
4.42
+10%
|
4.41
0%
|
3.6
-18%
|
5.28
+47%
|
5.38
+2%
|
3.83
-29%
|
3.05
-20%
|
2.26
-26%
|
1.58
-30%
|
0.94
-41%
|