Bethel Automotive Safety Systems Co Ltd
SSE:603596
Income Statement
Earnings Waterfall
Bethel Automotive Safety Systems Co Ltd
Revenue
|
7.5B
CNY
|
Cost of Revenue
|
-5.8B
CNY
|
Gross Profit
|
1.7B
CNY
|
Operating Expenses
|
-709m
CNY
|
Operating Income
|
972.8m
CNY
|
Other Expenses
|
-81.3m
CNY
|
Net Income
|
891.5m
CNY
|
Income Statement
Bethel Automotive Safety Systems Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||
Revenue |
2 419
N/A
|
2 483
+3%
|
2 678
+8%
|
2 725
+2%
|
2 603
-4%
|
2 563
-2%
|
2 602
+2%
|
2 820
+8%
|
3 157
+12%
|
3 109
-2%
|
3 007
-3%
|
3 061
+2%
|
3 042
-1%
|
3 234
+6%
|
3 422
+6%
|
3 345
-2%
|
3 492
+4%
|
3 720
+7%
|
4 065
+9%
|
4 848
+19%
|
5 539
+14%
|
6 025
+9%
|
6 520
+8%
|
6 960
+7%
|
7 474
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(1 861)
|
(1 903)
|
(2 070)
|
(2 088)
|
(1 982)
|
(1 941)
|
(1 975)
|
(2 138)
|
(2 366)
|
(2 300)
|
(2 206)
|
(2 233)
|
(2 242)
|
(2 422)
|
(2 557)
|
(2 528)
|
(2 638)
|
(2 872)
|
(3 168)
|
(3 808)
|
(4 296)
|
(4 720)
|
(5 097)
|
(5 427)
|
(5 792)
|
|
Gross Profit |
558
N/A
|
580
+4%
|
609
+5%
|
637
+5%
|
621
-3%
|
622
+0%
|
627
+1%
|
682
+9%
|
791
+16%
|
809
+2%
|
801
-1%
|
827
+3%
|
800
-3%
|
812
+2%
|
865
+7%
|
817
-6%
|
854
+5%
|
848
-1%
|
896
+6%
|
1 040
+16%
|
1 243
+20%
|
1 304
+5%
|
1 423
+9%
|
1 533
+8%
|
1 682
+10%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(171)
|
(163)
|
(186)
|
(197)
|
(266)
|
(234)
|
(236)
|
(246)
|
(285)
|
(326)
|
(330)
|
(339)
|
(247)
|
(224)
|
(236)
|
(197)
|
(290)
|
(300)
|
(352)
|
(451)
|
(551)
|
(547)
|
(579)
|
(627)
|
(709)
|
|
Selling, General & Administrative |
(96)
|
(210)
|
(229)
|
(233)
|
(188)
|
(138)
|
(115)
|
(128)
|
(206)
|
(190)
|
(197)
|
(204)
|
(132)
|
(116)
|
(104)
|
(79)
|
(137)
|
(132)
|
(162)
|
(209)
|
(239)
|
(245)
|
(268)
|
(300)
|
(313)
|
|
Research & Development |
(82)
|
0
|
0
|
(26)
|
(97)
|
(74)
|
(101)
|
(106)
|
(122)
|
(138)
|
(149)
|
(154)
|
(167)
|
(184)
|
(195)
|
(213)
|
(230)
|
(266)
|
(312)
|
(340)
|
(365)
|
(402)
|
(408)
|
(439)
|
(434)
|
|
Depreciation & Amortization |
(5)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(41)
|
|
Other Operating Expenses |
12
|
47
|
43
|
62
|
29
|
(22)
|
(21)
|
(12)
|
56
|
2
|
15
|
19
|
65
|
77
|
63
|
96
|
94
|
99
|
123
|
98
|
85
|
101
|
97
|
112
|
79
|
|
Operating Income |
388
N/A
|
417
+8%
|
422
+1%
|
441
+4%
|
355
-19%
|
387
+9%
|
391
+1%
|
436
+12%
|
506
+16%
|
483
-5%
|
471
-3%
|
488
+4%
|
553
+13%
|
589
+6%
|
629
+7%
|
620
-1%
|
564
-9%
|
548
-3%
|
544
-1%
|
589
+8%
|
692
+17%
|
758
+10%
|
843
+11%
|
906
+7%
|
973
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(7)
|
(8)
|
(3)
|
(6)
|
0
|
6
|
9
|
23
|
23
|
28
|
29
|
12
|
14
|
9
|
(8)
|
13
|
10
|
29
|
57
|
55
|
37
|
26
|
13
|
44
|
|
Non-Reccuring Items |
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
1
|
(3)
|
(1)
|
(1)
|
(1)
|
2
|
(3)
|
(3)
|
(3)
|
(2)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
(1)
|
1
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
1
|
(1)
|
2
|
2
|
2
|
2
|
15
|
15
|
15
|
15
|
0
|
(0)
|
2
|
|
Pre-Tax Income |
380
N/A
|
411
+8%
|
413
+0%
|
436
+6%
|
349
-20%
|
388
+11%
|
397
+2%
|
445
+12%
|
528
+19%
|
504
-4%
|
497
-2%
|
514
+4%
|
564
+10%
|
602
+7%
|
640
+6%
|
615
-4%
|
576
-6%
|
559
-3%
|
587
+5%
|
660
+12%
|
763
+16%
|
806
+6%
|
867
+8%
|
916
+6%
|
1 017
+11%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
(57)
|
(61)
|
(60)
|
(66)
|
(47)
|
(54)
|
(55)
|
(62)
|
(72)
|
(66)
|
(67)
|
(66)
|
(72)
|
(76)
|
(75)
|
(71)
|
(49)
|
(43)
|
(43)
|
(45)
|
(62)
|
(69)
|
(83)
|
(86)
|
(106)
|
|
Income from Continuing Operations |
323
|
351
|
352
|
370
|
302
|
333
|
342
|
383
|
456
|
439
|
429
|
448
|
492
|
526
|
566
|
545
|
527
|
517
|
543
|
615
|
701
|
737
|
784
|
830
|
911
|
|
Income to Minority Interest |
(46)
|
(50)
|
(48)
|
(51)
|
(65)
|
(66)
|
(64)
|
(65)
|
(54)
|
(49)
|
(52)
|
(52)
|
(31)
|
(41)
|
(31)
|
(15)
|
(23)
|
0
|
1
|
(1)
|
(2)
|
(5)
|
(11)
|
(14)
|
(19)
|
|
Net Income (Common) |
277
N/A
|
301
+9%
|
304
+1%
|
319
+5%
|
237
-26%
|
267
+12%
|
278
+4%
|
318
+14%
|
402
+26%
|
389
-3%
|
378
-3%
|
396
+5%
|
462
+17%
|
485
+5%
|
535
+10%
|
530
-1%
|
505
-5%
|
515
+2%
|
544
+6%
|
614
+13%
|
699
+14%
|
733
+5%
|
774
+6%
|
815
+5%
|
891
+9%
|
|
EPS (Diluted) |
0.75
N/A
|
0.81
+8%
|
0.75
-7%
|
0.78
+4%
|
0.58
-26%
|
0.66
+14%
|
0.68
+3%
|
0.78
+15%
|
0.98
+26%
|
0.95
-3%
|
0.92
-3%
|
0.97
+5%
|
1.13
+16%
|
1.18
+4%
|
1.31
+11%
|
1.29
-2%
|
1.23
-5%
|
1.26
+2%
|
1.33
+6%
|
1.5
+13%
|
1.69
+13%
|
1.76
+4%
|
1.85
+5%
|
1.98
+7%
|
2.15
+9%
|