Shanghai Friendess Electronic Technology Corp Ltd
SSE:688188
Income Statement
Earnings Waterfall
Shanghai Friendess Electronic Technology Corp Ltd
Revenue
|
1.4B
CNY
|
Cost of Revenue
|
-277.2m
CNY
|
Gross Profit
|
1.1B
CNY
|
Operating Expenses
|
-401.5m
CNY
|
Operating Income
|
728.4m
CNY
|
Other Expenses
|
470.8k
CNY
|
Net Income
|
728.9m
CNY
|
Income Statement
Shanghai Friendess Electronic Technology Corp 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 |
293
N/A
|
337
+15%
|
376
+12%
|
380
+1%
|
422
+11%
|
483
+15%
|
571
+18%
|
683
+20%
|
817
+20%
|
892
+9%
|
913
+2%
|
916
+0%
|
856
-7%
|
860
+0%
|
898
+4%
|
979
+9%
|
1 151
+17%
|
1 237
+8%
|
1 407
+14%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
(58)
|
(67)
|
(70)
|
(73)
|
(81)
|
(93)
|
(113)
|
(139)
|
(168)
|
(186)
|
(180)
|
(194)
|
(185)
|
(189)
|
(189)
|
(218)
|
(246)
|
(261)
|
(277)
|
|
Gross Profit |
235
N/A
|
270
+15%
|
307
+14%
|
306
0%
|
341
+11%
|
391
+15%
|
458
+17%
|
544
+19%
|
648
+19%
|
706
+9%
|
733
+4%
|
723
-1%
|
671
-7%
|
671
0%
|
709
+6%
|
761
+7%
|
904
+19%
|
976
+8%
|
1 130
+16%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(45)
|
(46)
|
(64)
|
(72)
|
(85)
|
(105)
|
(124)
|
(126)
|
(128)
|
(133)
|
(194)
|
(200)
|
(199)
|
(217)
|
(223)
|
(252)
|
(293)
|
(315)
|
(401)
|
|
Selling, General & Administrative |
(35)
|
(39)
|
(46)
|
(45)
|
(66)
|
(82)
|
(72)
|
(77)
|
(67)
|
(62)
|
(109)
|
(105)
|
(106)
|
(112)
|
(128)
|
(135)
|
(149)
|
(171)
|
(201)
|
|
Research & Development |
(31)
|
(34)
|
(40)
|
(43)
|
(46)
|
(47)
|
(80)
|
(93)
|
(106)
|
(119)
|
(135)
|
(142)
|
(142)
|
(146)
|
(137)
|
(163)
|
(184)
|
(224)
|
(254)
|
|
Depreciation & Amortization |
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(16)
|
|
Other Operating Expenses |
21
|
27
|
24
|
18
|
27
|
24
|
32
|
44
|
46
|
48
|
54
|
47
|
49
|
41
|
51
|
46
|
40
|
79
|
69
|
|
Operating Income |
190
N/A
|
224
+18%
|
243
+8%
|
235
-3%
|
256
+9%
|
286
+12%
|
334
+17%
|
418
+25%
|
521
+25%
|
573
+10%
|
539
-6%
|
522
-3%
|
473
-10%
|
454
-4%
|
486
+7%
|
510
+5%
|
611
+20%
|
661
+8%
|
728
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
7
|
6
|
17
|
23
|
31
|
69
|
61
|
63
|
83
|
59
|
65
|
69
|
54
|
56
|
67
|
76
|
84
|
97
|
97
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
7
|
10
|
6
|
13
|
13
|
13
|
13
|
7
|
7
|
9
|
9
|
9
|
19
|
10
|
(1)
|
(3)
|
(12)
|
(12)
|
(0)
|
|
Pre-Tax Income |
204
N/A
|
239
+17%
|
267
+11%
|
270
+1%
|
299
+10%
|
369
+23%
|
409
+11%
|
488
+19%
|
611
+25%
|
642
+5%
|
614
-4%
|
601
-2%
|
545
-9%
|
519
-5%
|
551
+6%
|
584
+6%
|
683
+17%
|
746
+9%
|
827
+11%
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
(23)
|
(27)
|
(20)
|
(29)
|
(31)
|
(38)
|
(39)
|
(51)
|
(82)
|
(82)
|
(65)
|
(65)
|
(41)
|
(39)
|
(59)
|
(58)
|
(61)
|
(57)
|
(73)
|
|
Income from Continuing Operations |
181
|
212
|
246
|
242
|
267
|
331
|
370
|
436
|
529
|
560
|
549
|
536
|
504
|
481
|
492
|
526
|
622
|
689
|
754
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(1)
|
(4)
|
1
|
(1)
|
(4)
|
(5)
|
(13)
|
(17)
|
(28)
|
(23)
|
(25)
|
|
Net Income (Common) |
181
N/A
|
212
+17%
|
246
+16%
|
242
-2%
|
268
+11%
|
332
+24%
|
371
+12%
|
437
+18%
|
528
+21%
|
556
+5%
|
550
-1%
|
535
-3%
|
500
-6%
|
475
-5%
|
480
+1%
|
509
+6%
|
594
+17%
|
665
+12%
|
729
+10%
|
|
EPS (Diluted) |
2.41
N/A
|
2.56
+6%
|
2.96
+16%
|
2.42
-18%
|
2.68
+11%
|
3.32
+24%
|
3.71
+12%
|
4.37
+18%
|
3.75
-14%
|
3.95
+5%
|
3.92
-1%
|
3.8
-3%
|
3.46
-9%
|
3.24
-6%
|
3.3
+2%
|
3.48
+5%
|
4.05
+16%
|
4.53
+12%
|
4.96
+9%
|