Hoymiles Power Electronics Inc
SSE:688032
Income Statement
Earnings Waterfall
Hoymiles Power Electronics Inc
Revenue
|
1.8B
CNY
|
Cost of Revenue
|
-1B
CNY
|
Gross Profit
|
774.3m
CNY
|
Operating Expenses
|
-497.7m
CNY
|
Operating Income
|
276.6m
CNY
|
Other Expenses
|
126.2m
CNY
|
Net Income
|
402.8m
CNY
|
Income Statement
Hoymiles Power Electronics Inc
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
612
N/A
|
661
+8%
|
696
+5%
|
795
+14%
|
907
+14%
|
991
+9%
|
1 224
+24%
|
1 537
+25%
|
1 888
+23%
|
2 088
+11%
|
2 008
-4%
|
2 026
+1%
|
1 777
-12%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(352)
|
(383)
|
(403)
|
(456)
|
(517)
|
(560)
|
(670)
|
(846)
|
(1 052)
|
(1 194)
|
(1 148)
|
(1 135)
|
(1 003)
|
|
Gross Profit |
261
N/A
|
278
+7%
|
293
+5%
|
339
+16%
|
390
+15%
|
431
+11%
|
554
+29%
|
690
+25%
|
836
+21%
|
894
+7%
|
860
-4%
|
891
+4%
|
774
-13%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(101)
|
(99)
|
(112)
|
(112)
|
(121)
|
(130)
|
(156)
|
(230)
|
(279)
|
(316)
|
(372)
|
(481)
|
(498)
|
|
Selling, General & Administrative |
(80)
|
(79)
|
(87)
|
(95)
|
(100)
|
(113)
|
(143)
|
(197)
|
(241)
|
(264)
|
(284)
|
(401)
|
(306)
|
|
Research & Development |
(34)
|
(34)
|
(35)
|
(44)
|
(49)
|
(54)
|
(66)
|
(85)
|
(123)
|
(156)
|
(189)
|
(150)
|
(262)
|
|
Depreciation & Amortization |
0
|
0
|
(2)
|
(4)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(22)
|
0
|
|
Other Operating Expenses |
13
|
16
|
12
|
30
|
28
|
36
|
55
|
60
|
84
|
104
|
101
|
92
|
70
|
|
Operating Income |
159
N/A
|
179
+13%
|
181
+1%
|
227
+25%
|
269
+18%
|
301
+12%
|
399
+33%
|
461
+16%
|
557
+21%
|
578
+4%
|
488
-15%
|
410
-16%
|
277
-32%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(5)
|
(6)
|
(5)
|
(5)
|
18
|
68
|
111
|
152
|
155
|
194
|
175
|
165
|
180
|
|
Non-Reccuring Items |
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
18
|
(0)
|
|
Total Other Income |
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
|
Pre-Tax Income |
156
N/A
|
175
+12%
|
179
+2%
|
225
+26%
|
288
+28%
|
370
+28%
|
511
+38%
|
613
+20%
|
713
+16%
|
773
+8%
|
665
-14%
|
593
-11%
|
457
-23%
|
|
Net Income | ||||||||||||||
Tax Provision |
(20)
|
(20)
|
(18)
|
(23)
|
(31)
|
(45)
|
(69)
|
(80)
|
(93)
|
(95)
|
(80)
|
(80)
|
(52)
|
|
Income from Continuing Operations |
136
|
154
|
160
|
202
|
257
|
325
|
441
|
532
|
620
|
677
|
584
|
513
|
405
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
2
|
2
|
2
|
(2)
|
(2)
|
|
Net Income (Common) |
136
N/A
|
154
+14%
|
160
+4%
|
202
+26%
|
257
+28%
|
325
+26%
|
442
+36%
|
533
+20%
|
622
+17%
|
679
+9%
|
586
-14%
|
512
-13%
|
403
-21%
|
|
EPS (Diluted) |
2.42
N/A
|
2.75
+14%
|
2.86
+4%
|
2.42
-15%
|
4.59
+90%
|
5.8
+26%
|
5.31
-8%
|
6.38
+20%
|
7.44
+17%
|
8.19
+10%
|
7.04
-14%
|
6.13
-13%
|
4.83
-21%
|