Qingdao Copton Technology Co Ltd
SSE:603798
Income Statement
Earnings Waterfall
Qingdao Copton Technology Co Ltd
Revenue
|
1.1B
CNY
|
Cost of Revenue
|
-912.4m
CNY
|
Gross Profit
|
188.1m
CNY
|
Operating Expenses
|
-147m
CNY
|
Operating Income
|
41.1m
CNY
|
Other Expenses
|
7.8m
CNY
|
Net Income
|
48.9m
CNY
|
Income Statement
Qingdao Copton 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 |
770
N/A
|
805
+5%
|
821
+2%
|
901
+10%
|
913
+1%
|
896
-2%
|
896
0%
|
896
+0%
|
889
-1%
|
863
-3%
|
847
-2%
|
842
-1%
|
868
+3%
|
935
+8%
|
970
+4%
|
914
-6%
|
966
+6%
|
955
-1%
|
920
-4%
|
1 071
+16%
|
1 115
+4%
|
1 048
-6%
|
1 108
+6%
|
957
-14%
|
838
-12%
|
841
+0%
|
792
-6%
|
941
+19%
|
1 009
+7%
|
1 101
+9%
|
|
Gross Profit | |||||||||||||||||||||||||||||||
Cost of Revenue |
(514)
|
(531)
|
(528)
|
(595)
|
(606)
|
(614)
|
(606)
|
(611)
|
(621)
|
(608)
|
(602)
|
(603)
|
(619)
|
(662)
|
(672)
|
(647)
|
(675)
|
(654)
|
(602)
|
(718)
|
(768)
|
(730)
|
(823)
|
(734)
|
(670)
|
(689)
|
(626)
|
(771)
|
(830)
|
(912)
|
|
Gross Profit |
256
N/A
|
275
+7%
|
293
+7%
|
306
+5%
|
307
+0%
|
282
-8%
|
290
+3%
|
285
-2%
|
268
-6%
|
255
-5%
|
245
-4%
|
239
-2%
|
250
+5%
|
273
+9%
|
299
+9%
|
267
-11%
|
291
+9%
|
301
+3%
|
318
+6%
|
353
+11%
|
348
-1%
|
319
-8%
|
285
-10%
|
223
-22%
|
168
-25%
|
152
-10%
|
165
+9%
|
171
+3%
|
179
+5%
|
188
+5%
|
|
Operating Income | |||||||||||||||||||||||||||||||
Operating Expenses |
(144)
|
(155)
|
(156)
|
(158)
|
(155)
|
(146)
|
(137)
|
(135)
|
(145)
|
(152)
|
(161)
|
(156)
|
(159)
|
(173)
|
(206)
|
(199)
|
(198)
|
(198)
|
(201)
|
(211)
|
(214)
|
(197)
|
(167)
|
(134)
|
(114)
|
(106)
|
(133)
|
(131)
|
(140)
|
(147)
|
|
Selling, General & Administrative |
(142)
|
(153)
|
(121)
|
(143)
|
(139)
|
(131)
|
(118)
|
(128)
|
(144)
|
(152)
|
(130)
|
(134)
|
(122)
|
(128)
|
(174)
|
(169)
|
(170)
|
(168)
|
(171)
|
(174)
|
(178)
|
(161)
|
(123)
|
(98)
|
(87)
|
(82)
|
(102)
|
(105)
|
(105)
|
(110)
|
|
Research & Development |
0
|
0
|
(31)
|
0
|
0
|
0
|
(15)
|
(7)
|
0
|
0
|
(24)
|
(31)
|
(39)
|
(47)
|
(29)
|
(31)
|
(30)
|
(29)
|
(27)
|
(34)
|
(34)
|
(36)
|
(38)
|
(37)
|
(33)
|
(31)
|
(25)
|
(29)
|
(34)
|
(35)
|
|
Depreciation & Amortization |
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(2)
|
(3)
|
(0)
|
(15)
|
(16)
|
(15)
|
1
|
(0)
|
(0)
|
1
|
3
|
9
|
2
|
3
|
6
|
1
|
2
|
(0)
|
6
|
(2)
|
(1)
|
0
|
4
|
0
|
6
|
7
|
4
|
4
|
(0)
|
(3)
|
|
Operating Income |
112
N/A
|
119
+6%
|
136
+14%
|
148
+9%
|
152
+2%
|
136
-10%
|
153
+13%
|
150
-2%
|
123
-18%
|
103
-16%
|
84
-19%
|
83
-2%
|
91
+9%
|
101
+11%
|
93
-8%
|
69
-26%
|
93
+34%
|
103
+11%
|
117
+14%
|
142
+21%
|
134
-5%
|
122
-9%
|
118
-3%
|
89
-24%
|
54
-39%
|
46
-16%
|
33
-29%
|
40
+22%
|
39
-3%
|
41
+7%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(2)
|
0
|
5
|
6
|
6
|
5
|
7
|
7
|
7
|
7
|
6
|
7
|
7
|
11
|
10
|
10
|
9
|
10
|
8
|
10
|
14
|
12
|
12
|
12
|
10
|
11
|
10
|
10
|
9
|
|
Non-Reccuring Items |
0
|
0
|
(10)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
1
|
0
|
1
|
|
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 |
3
|
3
|
2
|
3
|
2
|
2
|
3
|
2
|
3
|
3
|
1
|
2
|
3
|
(1)
|
1
|
(0)
|
(2)
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
|
Pre-Tax Income |
111
N/A
|
120
+8%
|
129
+7%
|
156
+21%
|
160
+3%
|
144
-10%
|
161
+11%
|
159
-1%
|
133
-16%
|
114
-15%
|
92
-19%
|
91
-1%
|
101
+12%
|
107
+6%
|
98
-8%
|
79
-19%
|
99
+25%
|
112
+13%
|
126
+13%
|
151
+19%
|
145
-4%
|
136
-6%
|
129
-5%
|
100
-23%
|
64
-36%
|
54
-15%
|
44
-19%
|
51
+16%
|
50
-3%
|
52
+5%
|
|
Net Income | |||||||||||||||||||||||||||||||
Tax Provision |
(17)
|
(19)
|
(15)
|
(26)
|
(30)
|
(29)
|
(41)
|
(38)
|
(32)
|
(27)
|
(16)
|
(14)
|
(15)
|
(15)
|
(14)
|
(12)
|
(17)
|
(19)
|
(22)
|
(29)
|
(26)
|
(26)
|
(24)
|
(14)
|
(9)
|
(6)
|
(5)
|
(8)
|
(2)
|
(1)
|
|
Income from Continuing Operations |
95
|
102
|
113
|
130
|
130
|
115
|
120
|
121
|
102
|
87
|
76
|
76
|
86
|
93
|
84
|
67
|
82
|
92
|
104
|
122
|
119
|
111
|
105
|
86
|
55
|
48
|
39
|
43
|
48
|
51
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
(2)
|
(2)
|
|
Net Income (Common) |
95
N/A
|
102
+7%
|
113
+11%
|
130
+15%
|
130
0%
|
115
-11%
|
120
+4%
|
121
+1%
|
102
-16%
|
87
-15%
|
76
-13%
|
77
+1%
|
86
+13%
|
93
+8%
|
85
-9%
|
68
-20%
|
83
+21%
|
93
+13%
|
105
+13%
|
123
+17%
|
120
-2%
|
111
-8%
|
106
-5%
|
86
-19%
|
56
-35%
|
49
-12%
|
40
-19%
|
44
+10%
|
46
+5%
|
49
+7%
|
|
EPS (Diluted) |
0.62
N/A
|
0.5
-19%
|
0.61
+22%
|
0.65
+7%
|
0.65
N/A
|
0.58
-11%
|
0.6
+3%
|
0.61
+2%
|
0.51
-16%
|
0.43
-16%
|
0.38
-12%
|
0.38
N/A
|
0.43
+13%
|
0.47
+9%
|
0.42
-11%
|
0.34
-19%
|
0.42
+24%
|
0.47
+12%
|
0.53
+13%
|
0.63
+19%
|
0.61
-3%
|
0.57
-7%
|
0.41
-28%
|
0.43
+5%
|
0.28
-35%
|
0.19
-32%
|
0.15
-21%
|
0.17
+13%
|
0.32
+88%
|
0.2
-38%
|