Xiamen Solex High-Tech Industries Co Ltd
SSE:603992
Income Statement
Earnings Waterfall
Xiamen Solex High-Tech Industries Co Ltd
Revenue
|
2.9B
CNY
|
Cost of Revenue
|
-1.9B
CNY
|
Gross Profit
|
972.7m
CNY
|
Operating Expenses
|
-625.3m
CNY
|
Operating Income
|
347.4m
CNY
|
Other Expenses
|
-10.9m
CNY
|
Net Income
|
336.4m
CNY
|
Income Statement
Xiamen Solex High-Tech Industries Co Ltd
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 |
1 679
N/A
|
1 700
+1%
|
1 739
+2%
|
1 723
-1%
|
1 782
+3%
|
1 859
+4%
|
2 035
+9%
|
2 243
+10%
|
2 401
+7%
|
2 655
+11%
|
2 977
+12%
|
3 239
+9%
|
3 487
+8%
|
3 465
-1%
|
3 181
-8%
|
2 992
-6%
|
2 864
-4%
|
2 888
+1%
|
|
Gross Profit | |||||||||||||||||||
Cost of Revenue |
(1 123)
|
(1 126)
|
(1 143)
|
(1 134)
|
(1 167)
|
(1 209)
|
(1 335)
|
(1 502)
|
(1 632)
|
(1 873)
|
(2 106)
|
(2 323)
|
(2 505)
|
(2 457)
|
(2 225)
|
(2 067)
|
(1 937)
|
(1 916)
|
|
Gross Profit |
556
N/A
|
574
+3%
|
596
+4%
|
589
-1%
|
615
+4%
|
650
+6%
|
700
+8%
|
740
+6%
|
769
+4%
|
782
+2%
|
871
+11%
|
916
+5%
|
982
+7%
|
1 008
+3%
|
955
-5%
|
926
-3%
|
927
+0%
|
973
+5%
|
|
Operating Income | |||||||||||||||||||
Operating Expenses |
(286)
|
(312)
|
(343)
|
(345)
|
(362)
|
(372)
|
(388)
|
(404)
|
(435)
|
(460)
|
(529)
|
(561)
|
(597)
|
(622)
|
(605)
|
(614)
|
(621)
|
(625)
|
|
Selling, General & Administrative |
(197)
|
(205)
|
(230)
|
(235)
|
(249)
|
(255)
|
(270)
|
(278)
|
(299)
|
(323)
|
(334)
|
(395)
|
(419)
|
(429)
|
(363)
|
(400)
|
(394)
|
(399)
|
|
Research & Development |
(96)
|
(108)
|
(101)
|
(119)
|
(122)
|
(128)
|
(112)
|
(136)
|
(145)
|
(152)
|
(152)
|
(181)
|
(191)
|
(199)
|
(175)
|
(194)
|
(193)
|
(193)
|
|
Depreciation & Amortization |
0
|
0
|
(29)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
|
Other Operating Expenses |
7
|
1
|
17
|
8
|
8
|
11
|
27
|
10
|
9
|
15
|
24
|
14
|
13
|
5
|
21
|
(20)
|
(34)
|
(34)
|
|
Operating Income |
271
N/A
|
261
-3%
|
253
-3%
|
244
-4%
|
252
+4%
|
278
+10%
|
312
+12%
|
337
+8%
|
334
-1%
|
322
-4%
|
342
+6%
|
355
+4%
|
385
+9%
|
386
+0%
|
350
-9%
|
312
-11%
|
306
-2%
|
347
+13%
|
|
Pre-Tax Income | |||||||||||||||||||
Interest Income Expense |
22
|
6
|
13
|
9
|
10
|
18
|
0
|
18
|
12
|
17
|
19
|
4
|
(5)
|
(2)
|
(14)
|
(20)
|
(19)
|
6
|
|
Non-Reccuring Items |
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(3)
|
(0)
|
3
|
5
|
(1)
|
15
|
11
|
9
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(1)
|
1
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
0
|
1
|
2
|
2
|
(2)
|
(14)
|
(18)
|
(18)
|
(14)
|
|
Pre-Tax Income |
293
N/A
|
267
-9%
|
266
0%
|
252
-5%
|
261
+4%
|
296
+13%
|
311
+5%
|
355
+14%
|
347
-2%
|
340
-2%
|
358
+5%
|
360
+0%
|
385
+7%
|
387
+0%
|
320
-17%
|
289
-10%
|
280
-3%
|
349
+25%
|
|
Net Income | |||||||||||||||||||
Tax Provision |
(36)
|
(31)
|
(32)
|
(31)
|
(32)
|
(36)
|
(41)
|
(46)
|
(52)
|
(51)
|
(46)
|
(46)
|
(45)
|
(43)
|
(35)
|
(27)
|
(22)
|
29
|
|
Income from Continuing Operations |
257
|
237
|
234
|
221
|
230
|
260
|
271
|
309
|
296
|
289
|
312
|
314
|
340
|
344
|
285
|
261
|
258
|
377
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(11)
|
(13)
|
(18)
|
(23)
|
(24)
|
(29)
|
(32)
|
(41)
|
|
Net Income (Common) |
257
N/A
|
237
-8%
|
234
-1%
|
221
-6%
|
230
+4%
|
260
+13%
|
271
+4%
|
309
+14%
|
296
-4%
|
288
-3%
|
301
+5%
|
300
0%
|
322
+7%
|
321
0%
|
261
-19%
|
232
-11%
|
226
-3%
|
336
+49%
|
|
EPS (Diluted) |
0.71
N/A
|
0.59
-17%
|
0.58
-2%
|
0.57
-2%
|
0.58
+2%
|
0.65
+12%
|
0.67
+3%
|
0.77
+15%
|
0.73
-5%
|
0.72
-1%
|
0.75
+4%
|
0.75
N/A
|
0.8
+7%
|
0.8
N/A
|
0.65
-19%
|
0.58
-11%
|
0.56
-3%
|
0.84
+50%
|