Hillstone Networks Co Ltd
SSE:688030
Income Statement
Earnings Waterfall
Hillstone Networks Co Ltd
Revenue
|
798.1m
CNY
|
Cost of Revenue
|
-356.4m
CNY
|
Gross Profit
|
441.7m
CNY
|
Operating Expenses
|
-791.9m
CNY
|
Operating Income
|
-350.2m
CNY
|
Other Expenses
|
33.3m
CNY
|
Net Income
|
-316.9m
CNY
|
Income Statement
Hillstone Networks 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 |
589
N/A
|
683
+16%
|
675
-1%
|
659
-2%
|
669
+2%
|
675
+1%
|
725
+7%
|
762
+5%
|
797
+5%
|
912
+14%
|
1 027
+13%
|
1 077
+5%
|
1 117
+4%
|
1 138
+2%
|
812
-29%
|
811
0%
|
800
-1%
|
798
0%
|
|
Gross Profit | |||||||||||||||||||
Cost of Revenue |
(145)
|
(170)
|
(162)
|
(169)
|
(185)
|
(204)
|
(224)
|
(247)
|
(250)
|
(258)
|
(275)
|
(298)
|
(304)
|
(301)
|
(266)
|
(255)
|
(299)
|
(356)
|
|
Gross Profit |
444
N/A
|
513
+16%
|
513
0%
|
490
-4%
|
484
-1%
|
472
-3%
|
501
+6%
|
515
+3%
|
547
+6%
|
654
+20%
|
752
+15%
|
779
+4%
|
813
+4%
|
837
+3%
|
545
-35%
|
556
+2%
|
502
-10%
|
442
-12%
|
|
Operating Income | |||||||||||||||||||
Operating Expenses |
(361)
|
(363)
|
(422)
|
(419)
|
(445)
|
(466)
|
(471)
|
(498)
|
(552)
|
(591)
|
(700)
|
(712)
|
(739)
|
(803)
|
(770)
|
(790)
|
(763)
|
(792)
|
|
Selling, General & Administrative |
(242)
|
(244)
|
(278)
|
(282)
|
(283)
|
(291)
|
(276)
|
(293)
|
(329)
|
(360)
|
(417)
|
(443)
|
(460)
|
(485)
|
(445)
|
(467)
|
(475)
|
(505)
|
|
Research & Development |
(168)
|
(181)
|
(174)
|
(192)
|
(195)
|
(204)
|
(196)
|
(226)
|
(242)
|
(255)
|
(262)
|
(316)
|
(329)
|
(353)
|
(310)
|
(348)
|
(335)
|
(348)
|
|
Depreciation & Amortization |
0
|
0
|
(20)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
|
Other Operating Expenses |
49
|
62
|
49
|
55
|
34
|
29
|
26
|
21
|
18
|
23
|
37
|
48
|
49
|
35
|
42
|
26
|
46
|
61
|
|
Operating Income |
83
N/A
|
150
+82%
|
91
-40%
|
71
-22%
|
39
-45%
|
6
-86%
|
30
+447%
|
17
-44%
|
(5)
N/A
|
63
N/A
|
52
-17%
|
67
+29%
|
74
+10%
|
34
-54%
|
(224)
N/A
|
(234)
-4%
|
(262)
-12%
|
(350)
-34%
|
|
Pre-Tax Income | |||||||||||||||||||
Interest Income Expense |
(3)
|
(2)
|
4
|
6
|
9
|
15
|
21
|
20
|
19
|
15
|
8
|
5
|
3
|
2
|
0
|
(4)
|
(3)
|
(9)
|
|
Non-Reccuring Items |
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
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
(2)
|
0
|
|
Total Other Income |
0
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
|
Pre-Tax Income |
80
N/A
|
148
+85%
|
95
-36%
|
76
-19%
|
48
-37%
|
20
-59%
|
50
+154%
|
36
-27%
|
13
-64%
|
77
+495%
|
59
-23%
|
71
+20%
|
76
+7%
|
35
-54%
|
(226)
N/A
|
(239)
-6%
|
(267)
-12%
|
(361)
-35%
|
|
Net Income | |||||||||||||||||||
Tax Provision |
(10)
|
(13)
|
(4)
|
(3)
|
1
|
3
|
10
|
10
|
9
|
9
|
16
|
16
|
20
|
22
|
42
|
40
|
47
|
46
|
|
Income from Continuing Operations |
70
|
134
|
91
|
73
|
48
|
23
|
60
|
46
|
22
|
86
|
75
|
87
|
96
|
57
|
(184)
|
(199)
|
(220)
|
(315)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
3
|
(2)
|
|
Net Income (Common) |
70
N/A
|
134
+93%
|
91
-32%
|
73
-20%
|
48
-34%
|
23
-53%
|
60
+163%
|
46
-23%
|
22
-52%
|
86
+290%
|
76
-13%
|
88
+16%
|
96
+9%
|
58
-40%
|
(183)
N/A
|
(198)
-9%
|
(218)
-10%
|
(317)
-45%
|
|
EPS (Diluted) |
0.52
N/A
|
1
+92%
|
0.62
-38%
|
0.4
-35%
|
0.26
-35%
|
0.12
-54%
|
0.33
+175%
|
0.25
-24%
|
0.11
-56%
|
0.47
+327%
|
0.42
-11%
|
0.49
+17%
|
0.53
+8%
|
0.32
-40%
|
-1.01
N/A
|
-1.1
-9%
|
-1.21
-10%
|
-1.76
-45%
|