Wuxi Nce Power Co Ltd
SSE:605111
Income Statement
Earnings Waterfall
Wuxi Nce Power Co Ltd
Revenue
|
1.5B
CNY
|
Cost of Revenue
|
-1.1B
CNY
|
Gross Profit
|
420m
CNY
|
Operating Expenses
|
-140.2m
CNY
|
Operating Income
|
279.8m
CNY
|
Other Expenses
|
43.3m
CNY
|
Net Income
|
323.1m
CNY
|
Income Statement
Wuxi Nce Power Co Ltd
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 |
955
N/A
|
1 271
+33%
|
1 251
-2%
|
1 394
+11%
|
1 511
+8%
|
1 610
+7%
|
1 687
+5%
|
1 728
+2%
|
1 811
+5%
|
1 764
-3%
|
1 708
-3%
|
1 588
-7%
|
1 477
-7%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(715)
|
(929)
|
(858)
|
(894)
|
(922)
|
(968)
|
(1 018)
|
(1 072)
|
(1 151)
|
(1 152)
|
(1 154)
|
(1 094)
|
(1 057)
|
|
Gross Profit |
240
N/A
|
342
+42%
|
392
+15%
|
500
+28%
|
588
+18%
|
641
+9%
|
669
+4%
|
656
-2%
|
660
+1%
|
612
-7%
|
554
-9%
|
494
-11%
|
420
-15%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(89)
|
(108)
|
(109)
|
(110)
|
(130)
|
(139)
|
(152)
|
(181)
|
(205)
|
(223)
|
(219)
|
(213)
|
(140)
|
|
Selling, General & Administrative |
(39)
|
(47)
|
(47)
|
(48)
|
(59)
|
(68)
|
(80)
|
(96)
|
(110)
|
(111)
|
(107)
|
(99)
|
(61)
|
|
Research & Development |
(50)
|
(63)
|
(68)
|
(68)
|
(73)
|
(79)
|
(76)
|
(91)
|
(96)
|
(111)
|
(109)
|
(105)
|
(81)
|
|
Depreciation & Amortization |
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(15)
|
|
Other Operating Expenses |
5
|
3
|
6
|
6
|
8
|
8
|
4
|
6
|
13
|
(1)
|
(3)
|
(8)
|
17
|
|
Operating Income |
151
N/A
|
235
+55%
|
283
+21%
|
390
+38%
|
458
+17%
|
503
+10%
|
517
+3%
|
475
-8%
|
456
-4%
|
389
-15%
|
335
-14%
|
281
-16%
|
280
-1%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
6
|
10
|
11
|
15
|
19
|
20
|
32
|
37
|
51
|
58
|
65
|
68
|
70
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
(0)
|
|
Pre-Tax Income |
158
N/A
|
245
+55%
|
295
+21%
|
406
+38%
|
477
+18%
|
522
+9%
|
550
+5%
|
512
-7%
|
507
-1%
|
447
-12%
|
400
-11%
|
350
-13%
|
349
0%
|
|
Net Income | ||||||||||||||
Tax Provision |
(19)
|
(30)
|
(36)
|
(51)
|
(61)
|
(68)
|
(74)
|
(74)
|
(72)
|
(61)
|
(55)
|
(42)
|
(32)
|
|
Income from Continuing Operations |
139
|
214
|
258
|
355
|
416
|
454
|
476
|
439
|
435
|
386
|
346
|
308
|
318
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
1
|
2
|
3
|
5
|
5
|
|
Net Income (Common) |
139
N/A
|
214
+54%
|
258
+21%
|
355
+37%
|
416
+17%
|
454
+9%
|
476
+5%
|
438
-8%
|
435
-1%
|
388
-11%
|
349
-10%
|
312
-10%
|
323
+3%
|
|
EPS (Diluted) |
0.98
N/A
|
1.51
+54%
|
1.3
-14%
|
1.79
+38%
|
1.5
-16%
|
2.29
+53%
|
2.4
+5%
|
1.51
-37%
|
1.52
+1%
|
1.32
-13%
|
1.15
-13%
|
1.04
-10%
|
1.13
+9%
|