Montage Technology Co Ltd
SSE:688008
Income Statement
Earnings Waterfall
Montage Technology Co Ltd
Revenue
|
2.3B
CNY
|
Cost of Revenue
|
-1.1B
CNY
|
Gross Profit
|
1.2B
CNY
|
Operating Expenses
|
-866.1m
CNY
|
Operating Income
|
287.9m
CNY
|
Other Expenses
|
163m
CNY
|
Net Income
|
450.9m
CNY
|
Income Statement
Montage Technology 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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
1 928
N/A
|
1 891
-2%
|
1 738
-8%
|
1 829
+5%
|
1 948
+7%
|
1 822
-6%
|
1 824
+0%
|
1 627
-11%
|
1 459
-10%
|
1 948
+34%
|
2 562
+32%
|
3 163
+23%
|
3 765
+19%
|
3 850
+2%
|
3 672
-5%
|
3 191
-13%
|
2 673
-16%
|
2 317
-13%
|
2 286
-1%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
(526)
|
(502)
|
(541)
|
(493)
|
(508)
|
(495)
|
(519)
|
(478)
|
(493)
|
(926)
|
(1 330)
|
(1 746)
|
(2 173)
|
(2 147)
|
(1 993)
|
(1 657)
|
(1 275)
|
(968)
|
(1 132)
|
|
Gross Profit |
1 402
N/A
|
1 389
-1%
|
1 197
-14%
|
1 336
+12%
|
1 440
+8%
|
1 327
-8%
|
1 305
-2%
|
1 149
-12%
|
966
-16%
|
1 022
+6%
|
1 232
+21%
|
1 417
+15%
|
1 592
+12%
|
1 703
+7%
|
1 679
-1%
|
1 535
-9%
|
1 398
-9%
|
1 349
-4%
|
1 154
-14%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(567)
|
(569)
|
(392)
|
(579)
|
(531)
|
(484)
|
(330)
|
(359)
|
(364)
|
(437)
|
(520)
|
(630)
|
(663)
|
(639)
|
(768)
|
(930)
|
(1 028)
|
(1 156)
|
(866)
|
|
Selling, General & Administrative |
(256)
|
(215)
|
(160)
|
(205)
|
(200)
|
(233)
|
(266)
|
(262)
|
(258)
|
(279)
|
(254)
|
(269)
|
(268)
|
(247)
|
(277)
|
(296)
|
(308)
|
(303)
|
(222)
|
|
Research & Development |
(333)
|
(307)
|
(256)
|
(327)
|
(281)
|
(289)
|
(285)
|
(269)
|
(279)
|
(324)
|
(352)
|
(392)
|
(432)
|
(451)
|
(545)
|
(609)
|
(660)
|
(727)
|
(654)
|
|
Depreciation & Amortization |
0
|
0
|
(14)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(74)
|
|
Other Operating Expenses |
21
|
(47)
|
38
|
(48)
|
(50)
|
38
|
242
|
172
|
173
|
165
|
135
|
32
|
38
|
58
|
90
|
(26)
|
(60)
|
(127)
|
84
|
|
Operating Income |
835
N/A
|
820
-2%
|
805
-2%
|
757
-6%
|
909
+20%
|
843
-7%
|
976
+16%
|
791
-19%
|
602
-24%
|
585
-3%
|
712
+22%
|
787
+11%
|
929
+18%
|
1 064
+15%
|
911
-14%
|
604
-34%
|
370
-39%
|
192
-48%
|
288
+50%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
83
|
140
|
174
|
264
|
232
|
303
|
223
|
284
|
329
|
231
|
203
|
331
|
416
|
390
|
503
|
478
|
358
|
391
|
184
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
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
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
0
|
5
|
5
|
6
|
6
|
1
|
1
|
(0)
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
|
Pre-Tax Income |
917
N/A
|
960
+5%
|
979
+2%
|
1 021
+4%
|
1 146
+12%
|
1 151
+0%
|
1 205
+5%
|
1 081
-10%
|
932
-14%
|
817
-12%
|
915
+12%
|
1 118
+22%
|
1 345
+20%
|
1 454
+8%
|
1 414
-3%
|
1 082
-23%
|
727
-33%
|
581
-20%
|
472
-19%
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
(46)
|
(43)
|
(46)
|
(51)
|
(62)
|
(84)
|
(101)
|
(106)
|
(122)
|
(79)
|
(86)
|
(117)
|
(143)
|
(139)
|
(114)
|
(69)
|
(27)
|
(47)
|
(21)
|
|
Income from Continuing Operations |
871
|
917
|
933
|
970
|
1 084
|
1 067
|
1 104
|
975
|
810
|
738
|
829
|
1 001
|
1 202
|
1 316
|
1 299
|
1 013
|
700
|
534
|
451
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
871
N/A
|
917
+5%
|
933
+2%
|
970
+4%
|
1 084
+12%
|
1 067
-2%
|
1 104
+3%
|
975
-12%
|
810
-17%
|
738
-9%
|
829
+12%
|
1 001
+21%
|
1 202
+20%
|
1 316
+9%
|
1 299
-1%
|
1 013
-22%
|
700
-31%
|
534
-24%
|
451
-16%
|
|
EPS (Diluted) |
0.86
N/A
|
0.84
-2%
|
0.88
+5%
|
0.84
-5%
|
0.97
+15%
|
0.94
-3%
|
0.98
+4%
|
0.86
-12%
|
0.71
-17%
|
0.65
-8%
|
0.73
+12%
|
0.88
+21%
|
1.06
+20%
|
1.16
+9%
|
1.15
-1%
|
0.9
-22%
|
0.62
-31%
|
0.48
-23%
|
0.4
-17%
|