Shanghai Flyco Electrical Appliance Co Ltd
SSE:603868
Income Statement
Earnings Waterfall
Shanghai Flyco Electrical Appliance Co Ltd
Revenue
|
5.1B
CNY
|
Cost of Revenue
|
-2.2B
CNY
|
Gross Profit
|
2.9B
CNY
|
Operating Expenses
|
-1.8B
CNY
|
Operating Income
|
1.1B
CNY
|
Other Expenses
|
-81.3m
CNY
|
Net Income
|
1B
CNY
|
Income Statement
Shanghai Flyco Electrical Appliance Co Ltd
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
2 783
N/A
|
2 871
+3%
|
2 913
+1%
|
3 187
+9%
|
3 364
+6%
|
3 522
+5%
|
3 639
+3%
|
3 699
+2%
|
3 853
+4%
|
3 798
-1%
|
3 947
+4%
|
4 009
+2%
|
3 977
-1%
|
3 938
-1%
|
3 886
-1%
|
3 878
0%
|
3 759
-3%
|
3 626
-4%
|
3 522
-3%
|
3 543
+1%
|
3 568
+1%
|
3 733
+5%
|
3 831
+3%
|
3 926
+2%
|
4 005
+2%
|
4 247
+6%
|
4 534
+7%
|
4 857
+7%
|
4 627
-5%
|
4 882
+5%
|
5 021
+3%
|
4 907
-2%
|
5 060
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 764)
|
(1 827)
|
(1 846)
|
(2 004)
|
(2 088)
|
(2 209)
|
(2 276)
|
(2 302)
|
(2 338)
|
(2 354)
|
(2 431)
|
(2 475)
|
(2 422)
|
(2 422)
|
(2 406)
|
(2 405)
|
(2 310)
|
(2 238)
|
(2 147)
|
(2 105)
|
(2 105)
|
(2 194)
|
(2 201)
|
(2 216)
|
(2 128)
|
(2 187)
|
(2 270)
|
(2 376)
|
(2 153)
|
(2 278)
|
(2 274)
|
(2 162)
|
(2 170)
|
|
Gross Profit |
1 018
N/A
|
1 044
+3%
|
1 067
+2%
|
1 183
+11%
|
1 276
+8%
|
1 314
+3%
|
1 364
+4%
|
1 398
+3%
|
1 515
+8%
|
1 443
-5%
|
1 516
+5%
|
1 535
+1%
|
1 555
+1%
|
1 515
-3%
|
1 479
-2%
|
1 472
0%
|
1 450
-2%
|
1 388
-4%
|
1 375
-1%
|
1 438
+5%
|
1 463
+2%
|
1 539
+5%
|
1 630
+6%
|
1 710
+5%
|
1 877
+10%
|
2 060
+10%
|
2 263
+10%
|
2 480
+10%
|
2 474
0%
|
2 604
+5%
|
2 747
+6%
|
2 745
0%
|
2 890
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(389)
|
(385)
|
(432)
|
(449)
|
(498)
|
(467)
|
(444)
|
(414)
|
(472)
|
(436)
|
(455)
|
(483)
|
(529)
|
(509)
|
(546)
|
(567)
|
(618)
|
(590)
|
(586)
|
(646)
|
(653)
|
(711)
|
(797)
|
(887)
|
(1 122)
|
(1 182)
|
(1 302)
|
(1 400)
|
(1 446)
|
(1 514)
|
(1 617)
|
(1 700)
|
(1 789)
|
|
Selling, General & Administrative |
(355)
|
(383)
|
(431)
|
(448)
|
(441)
|
(462)
|
(437)
|
(409)
|
(392)
|
(386)
|
(408)
|
(420)
|
(456)
|
(468)
|
(491)
|
(508)
|
(510)
|
(512)
|
(505)
|
(560)
|
(552)
|
(635)
|
(702)
|
(780)
|
(952)
|
(1 048)
|
(1 176)
|
(1 285)
|
(1 301)
|
(1 427)
|
(1 528)
|
(1 611)
|
(1 616)
|
|
Research & Development |
(31)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
(67)
|
(53)
|
(48)
|
(63)
|
(69)
|
(79)
|
(83)
|
(83)
|
(88)
|
(66)
|
(77)
|
(98)
|
(108)
|
(119)
|
(137)
|
(123)
|
(115)
|
(80)
|
(90)
|
(96)
|
(97)
|
(90)
|
|
Depreciation & Amortization |
(3)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(75)
|
0
|
0
|
0
|
(99)
|
|
Other Operating Expenses |
(0)
|
(2)
|
(1)
|
(1)
|
(0)
|
(5)
|
(7)
|
(5)
|
1
|
(50)
|
(48)
|
4
|
4
|
7
|
7
|
9
|
3
|
4
|
2
|
2
|
9
|
1
|
4
|
1
|
2
|
4
|
(4)
|
0
|
10
|
2
|
8
|
7
|
16
|
|
Operating Income |
629
N/A
|
660
+5%
|
635
-4%
|
734
+16%
|
779
+6%
|
846
+9%
|
920
+9%
|
984
+7%
|
1 043
+6%
|
1 007
-3%
|
1 060
+5%
|
1 051
-1%
|
1 026
-2%
|
1 007
-2%
|
933
-7%
|
905
-3%
|
832
-8%
|
797
-4%
|
789
-1%
|
793
+0%
|
810
+2%
|
828
+2%
|
833
+1%
|
823
-1%
|
755
-8%
|
878
+16%
|
961
+9%
|
1 081
+12%
|
1 028
-5%
|
1 090
+6%
|
1 131
+4%
|
1 044
-8%
|
1 101
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
8
|
10
|
17
|
24
|
28
|
35
|
33
|
35
|
38
|
42
|
51
|
59
|
58
|
51
|
40
|
29
|
24
|
22
|
19
|
17
|
21
|
22
|
24
|
27
|
21
|
20
|
23
|
20
|
24
|
28
|
29
|
38
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
1
|
4
|
4
|
(0)
|
(0)
|
(3)
|
(3)
|
1
|
1
|
1
|
1
|
(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
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(1)
|
|
Total Other Income |
29
|
31
|
30
|
14
|
13
|
15
|
41
|
41
|
40
|
37
|
37
|
38
|
40
|
43
|
54
|
53
|
51
|
44
|
34
|
35
|
34
|
40
|
43
|
47
|
55
|
53
|
37
|
42
|
42
|
70
|
124
|
116
|
115
|
|
Pre-Tax Income |
666
N/A
|
698
+5%
|
674
-3%
|
765
+13%
|
815
+7%
|
889
+9%
|
996
+12%
|
1 058
+6%
|
1 118
+6%
|
1 083
-3%
|
1 139
+5%
|
1 140
+0%
|
1 124
-1%
|
1 107
-1%
|
1 038
-6%
|
998
-4%
|
911
-9%
|
866
-5%
|
845
-2%
|
846
+0%
|
861
+2%
|
890
+3%
|
901
+1%
|
898
0%
|
835
-7%
|
953
+14%
|
1 015
+7%
|
1 142
+12%
|
1 087
-5%
|
1 185
+9%
|
1 284
+8%
|
1 191
-7%
|
1 253
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(164)
|
(173)
|
(167)
|
(190)
|
(202)
|
(221)
|
(250)
|
(265)
|
(282)
|
(274)
|
(285)
|
(285)
|
(280)
|
(275)
|
(256)
|
(246)
|
(227)
|
(216)
|
(212)
|
(222)
|
(224)
|
(234)
|
(237)
|
(229)
|
(197)
|
(226)
|
(235)
|
(264)
|
(264)
|
(278)
|
(309)
|
(283)
|
(233)
|
|
Income from Continuing Operations |
502
|
525
|
507
|
575
|
613
|
669
|
746
|
793
|
835
|
809
|
854
|
856
|
844
|
832
|
782
|
753
|
684
|
650
|
633
|
625
|
637
|
656
|
664
|
668
|
638
|
726
|
781
|
878
|
823
|
906
|
975
|
908
|
1 020
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
502
N/A
|
525
+5%
|
507
-3%
|
575
+13%
|
613
+7%
|
669
+9%
|
746
+12%
|
793
+6%
|
835
+5%
|
809
-3%
|
855
+6%
|
856
+0%
|
845
-1%
|
834
-1%
|
784
-6%
|
755
-4%
|
686
-9%
|
652
-5%
|
635
-3%
|
627
-1%
|
638
+2%
|
658
+3%
|
666
+1%
|
670
+1%
|
641
-4%
|
729
+14%
|
783
+7%
|
880
+12%
|
823
-6%
|
907
+10%
|
975
+8%
|
908
-7%
|
1 020
+12%
|
|
EPS (Diluted) |
1.28
N/A
|
1.34
+5%
|
1.16
-13%
|
1.31
+13%
|
1.46
+11%
|
1.54
+5%
|
1.72
+12%
|
1.83
+6%
|
1.92
+5%
|
1.86
-3%
|
1.96
+5%
|
1.96
N/A
|
1.94
-1%
|
1.91
-2%
|
1.8
-6%
|
1.73
-4%
|
1.57
-9%
|
1.5
-4%
|
1.46
-3%
|
1.44
-1%
|
1.47
+2%
|
1.5
+2%
|
1.52
+1%
|
1.53
+1%
|
1.47
-4%
|
1.67
+14%
|
1.8
+8%
|
2.02
+12%
|
1.89
-6%
|
2.08
+10%
|
2.24
+8%
|
2.08
-7%
|
2.34
+13%
|