Shenzhen Desay Battery Technology Co Ltd
SZSE:000049
Income Statement
Earnings Waterfall
Shenzhen Desay Battery Technology Co Ltd
Revenue
|
20.3B
CNY
|
Cost of Revenue
|
-18.6B
CNY
|
Gross Profit
|
1.7B
CNY
|
Operating Expenses
|
-1.1B
CNY
|
Operating Income
|
591.5m
CNY
|
Other Expenses
|
-29.7m
CNY
|
Net Income
|
561.9m
CNY
|
Income Statement
Shenzhen Desay Battery Technology Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | 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 |
4 403
N/A
|
4 414
+0%
|
5 213
+18%
|
5 956
+14%
|
6 390
+7%
|
7 020
+10%
|
7 951
+13%
|
8 423
+6%
|
8 434
+0%
|
8 132
-4%
|
7 639
-6%
|
7 900
+3%
|
8 724
+10%
|
9 492
+9%
|
10 389
+9%
|
11 143
+7%
|
12 486
+12%
|
13 176
+6%
|
14 130
+7%
|
16 393
+16%
|
17 249
+5%
|
17 732
+3%
|
18 265
+3%
|
18 097
-1%
|
18 443
+2%
|
17 865
-3%
|
18 688
+5%
|
18 669
0%
|
19 398
+4%
|
20 358
+5%
|
19 508
-4%
|
19 253
-1%
|
19 471
+1%
|
20 530
+5%
|
21 264
+4%
|
22 361
+5%
|
21 749
-3%
|
21 135
-3%
|
21 067
0%
|
20 117
-5%
|
20 285
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 778)
|
(3 781)
|
(4 570)
|
(5 290)
|
(5 712)
|
(6 320)
|
(7 193)
|
(7 673)
|
(7 693)
|
(7 480)
|
(7 024)
|
(7 228)
|
(7 892)
|
(8 582)
|
(9 428)
|
(10 130)
|
(11 399)
|
(12 094)
|
(12 987)
|
(15 040)
|
(15 856)
|
(16 326)
|
(16 784)
|
(16 601)
|
(16 913)
|
(16 404)
|
(17 137)
|
(17 127)
|
(17 730)
|
(18 598)
|
(17 806)
|
(17 569)
|
(17 677)
|
(18 663)
|
(19 308)
|
(20 249)
|
(19 678)
|
(19 106)
|
(19 117)
|
(18 267)
|
(18 570)
|
|
Gross Profit |
625
N/A
|
633
+1%
|
643
+2%
|
666
+4%
|
677
+2%
|
700
+3%
|
758
+8%
|
751
-1%
|
741
-1%
|
651
-12%
|
615
-6%
|
672
+9%
|
833
+24%
|
910
+9%
|
961
+6%
|
1 013
+5%
|
1 087
+7%
|
1 082
0%
|
1 143
+6%
|
1 353
+18%
|
1 393
+3%
|
1 406
+1%
|
1 481
+5%
|
1 497
+1%
|
1 530
+2%
|
1 461
-4%
|
1 552
+6%
|
1 542
-1%
|
1 668
+8%
|
1 759
+5%
|
1 702
-3%
|
1 684
-1%
|
1 794
+7%
|
1 867
+4%
|
1 956
+5%
|
2 111
+8%
|
2 071
-2%
|
2 029
-2%
|
1 950
-4%
|
1 850
-5%
|
1 715
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(284)
|
(276)
|
(279)
|
(288)
|
(303)
|
(327)
|
(348)
|
(346)
|
(411)
|
(347)
|
(354)
|
(391)
|
(422)
|
(448)
|
(478)
|
(517)
|
(606)
|
(628)
|
(615)
|
(639)
|
(627)
|
(610)
|
(660)
|
(686)
|
(683)
|
(667)
|
(706)
|
(712)
|
(711)
|
(711)
|
(693)
|
(687)
|
(828)
|
(864)
|
(941)
|
(1 045)
|
(1 094)
|
(1 135)
|
(1 199)
|
(1 190)
|
(1 123)
|
|
Selling, General & Administrative |
(284)
|
(277)
|
(276)
|
(284)
|
(183)
|
(312)
|
(332)
|
(333)
|
(265)
|
(334)
|
(347)
|
(377)
|
(215)
|
(423)
|
(455)
|
(415)
|
(254)
|
(399)
|
(392)
|
(409)
|
(313)
|
(354)
|
(312)
|
(343)
|
(378)
|
(371)
|
(388)
|
(383)
|
(365)
|
(356)
|
(353)
|
(355)
|
(428)
|
(421)
|
(441)
|
(462)
|
(537)
|
(527)
|
(543)
|
(532)
|
(457)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(114)
|
0
|
0
|
0
|
(142)
|
0
|
0
|
0
|
(201)
|
0
|
0
|
(82)
|
(348)
|
0
|
0
|
(227)
|
(297)
|
(235)
|
(312)
|
(319)
|
(282)
|
(298)
|
(313)
|
(325)
|
(337)
|
(367)
|
(370)
|
(367)
|
(396)
|
(451)
|
(498)
|
(569)
|
(530)
|
(559)
|
(600)
|
(602)
|
(578)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(66)
|
0
|
0
|
0
|
(131)
|
|
Other Operating Expenses |
0
|
1
|
(3)
|
(4)
|
(1)
|
(15)
|
(16)
|
(13)
|
(1)
|
(13)
|
(7)
|
(14)
|
(1)
|
(26)
|
(21)
|
(21)
|
3
|
(229)
|
(223)
|
(4)
|
11
|
(22)
|
(37)
|
(24)
|
11
|
2
|
(6)
|
(5)
|
27
|
12
|
30
|
35
|
33
|
7
|
(2)
|
(14)
|
39
|
(49)
|
(56)
|
(56)
|
42
|
|
Operating Income |
341
N/A
|
357
+5%
|
364
+2%
|
378
+4%
|
375
-1%
|
373
-1%
|
410
+10%
|
405
-1%
|
330
-18%
|
304
-8%
|
261
-14%
|
281
+8%
|
410
+46%
|
462
+13%
|
483
+5%
|
496
+3%
|
481
-3%
|
454
-6%
|
528
+16%
|
714
+35%
|
767
+7%
|
796
+4%
|
821
+3%
|
810
-1%
|
847
+5%
|
794
-6%
|
846
+6%
|
831
-2%
|
956
+15%
|
1 048
+10%
|
1 009
-4%
|
997
-1%
|
966
-3%
|
1 003
+4%
|
1 015
+1%
|
1 066
+5%
|
977
-8%
|
895
-8%
|
751
-16%
|
660
-12%
|
592
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(6)
|
6
|
12
|
22
|
38
|
37
|
52
|
59
|
49
|
52
|
36
|
33
|
30
|
24
|
29
|
22
|
49
|
(5)
|
(65)
|
(87)
|
(126)
|
(70)
|
(21)
|
(8)
|
6
|
(4)
|
(10)
|
(49)
|
(55)
|
(66)
|
(61)
|
(5)
|
(9)
|
(1)
|
17
|
18
|
(27)
|
(8)
|
(43)
|
(57)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
(2)
|
(3)
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
0
|
1
|
2
|
5
|
4
|
4
|
(4)
|
(2)
|
(4)
|
(5)
|
(10)
|
(5)
|
(4)
|
(2)
|
(8)
|
(1)
|
0
|
(2)
|
(3)
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
(3)
|
0
|
(2)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
Total Other Income |
2
|
2
|
2
|
3
|
2
|
2
|
2
|
1
|
5
|
7
|
6
|
7
|
6
|
7
|
10
|
9
|
(1)
|
2
|
(2)
|
(3)
|
(1)
|
(3)
|
(0)
|
10
|
13
|
12
|
13
|
4
|
16
|
15
|
15
|
15
|
(1)
|
(2)
|
(2)
|
(3)
|
3
|
2
|
1
|
1
|
7
|
|
Pre-Tax Income |
339
N/A
|
353
+4%
|
371
+5%
|
393
+6%
|
399
+2%
|
413
+4%
|
448
+8%
|
457
+2%
|
391
-14%
|
358
-8%
|
318
-11%
|
321
+1%
|
441
+37%
|
496
+12%
|
514
+4%
|
530
+3%
|
499
-6%
|
506
+1%
|
521
+3%
|
645
+24%
|
676
+5%
|
666
-2%
|
750
+13%
|
801
+7%
|
854
+7%
|
818
-4%
|
859
+5%
|
829
-4%
|
920
+11%
|
1 007
+9%
|
954
-5%
|
946
-1%
|
950
+0%
|
987
+4%
|
1 007
+2%
|
1 078
+7%
|
989
-8%
|
869
-12%
|
745
-14%
|
616
-17%
|
539
-13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(65)
|
(70)
|
(74)
|
(77)
|
(86)
|
(87)
|
(96)
|
(103)
|
(83)
|
(81)
|
(75)
|
(81)
|
(91)
|
(106)
|
(114)
|
(120)
|
(135)
|
(138)
|
(133)
|
(156)
|
(151)
|
(144)
|
(165)
|
(176)
|
(184)
|
(174)
|
(184)
|
(172)
|
(179)
|
(195)
|
(177)
|
(153)
|
(156)
|
(174)
|
(176)
|
(172)
|
(137)
|
(104)
|
(39)
|
(26)
|
(28)
|
|
Income from Continuing Operations |
275
|
283
|
297
|
316
|
313
|
326
|
352
|
355
|
308
|
277
|
243
|
241
|
350
|
390
|
401
|
410
|
364
|
368
|
388
|
489
|
526
|
521
|
585
|
624
|
670
|
644
|
675
|
657
|
740
|
812
|
778
|
793
|
794
|
813
|
832
|
905
|
852
|
765
|
706
|
590
|
511
|
|
Income to Minority Interest |
(69)
|
(71)
|
(76)
|
(80)
|
(78)
|
(82)
|
(90)
|
(91)
|
(78)
|
(67)
|
(55)
|
(50)
|
(94)
|
(104)
|
(104)
|
(102)
|
(63)
|
(61)
|
(69)
|
(100)
|
(124)
|
(128)
|
(147)
|
(159)
|
(168)
|
(162)
|
(169)
|
(125)
|
(71)
|
(55)
|
(13)
|
(0)
|
(0)
|
(0)
|
1
|
3
|
14
|
20
|
28
|
33
|
51
|
|
Net Income (Common) |
206
N/A
|
212
+3%
|
222
+4%
|
235
+6%
|
235
0%
|
244
+4%
|
263
+8%
|
263
+0%
|
230
-13%
|
210
-9%
|
188
-11%
|
191
+1%
|
255
+34%
|
285
+12%
|
297
+4%
|
308
+4%
|
301
-2%
|
308
+2%
|
320
+4%
|
389
+22%
|
401
+3%
|
393
-2%
|
438
+11%
|
466
+6%
|
502
+8%
|
482
-4%
|
506
+5%
|
532
+5%
|
670
+26%
|
757
+13%
|
765
+1%
|
793
+4%
|
794
+0%
|
813
+2%
|
832
+2%
|
908
+9%
|
866
-5%
|
786
-9%
|
734
-7%
|
623
-15%
|
562
-10%
|
|
EPS (Diluted) |
0.7
N/A
|
0.72
+3%
|
0.75
+4%
|
0.79
+5%
|
0.79
N/A
|
0.81
+3%
|
0.88
+9%
|
0.89
+1%
|
0.77
-13%
|
0.71
-8%
|
0.63
-11%
|
0.63
N/A
|
0.86
+37%
|
0.95
+10%
|
0.99
+4%
|
1.03
+4%
|
1.01
-2%
|
1.03
+2%
|
1.07
+4%
|
1.3
+21%
|
1.35
+4%
|
1.32
-2%
|
1.47
+11%
|
1.57
+7%
|
1.68
+7%
|
1.61
-4%
|
1.66
+3%
|
1.77
+7%
|
2.23
+26%
|
2.52
+13%
|
2.55
+1%
|
2.64
+4%
|
2.45
-7%
|
2.71
+11%
|
2.77
+2%
|
3.02
+9%
|
2.68
-11%
|
2.43
-9%
|
2.27
-7%
|
1.92
-15%
|
1.71
-11%
|