Hisense Home Appliances Group Co Ltd
SZSE:000921
Income Statement
Earnings Waterfall
Hisense Home Appliances Group Co Ltd
Revenue
|
85.6B
CNY
|
Cost of Revenue
|
-66.8B
CNY
|
Gross Profit
|
18.8B
CNY
|
Operating Expenses
|
-14.3B
CNY
|
Operating Income
|
4.5B
CNY
|
Other Expenses
|
-1.7B
CNY
|
Net Income
|
2.8B
CNY
|
Income Statement
Hisense Home Appliances Group 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 |
24 360
N/A
|
25 453
+4%
|
26 765
+5%
|
26 679
0%
|
26 534
-1%
|
26 567
+0%
|
24 747
-7%
|
23 772
-4%
|
23 472
-1%
|
22 805
-3%
|
22 983
+1%
|
24 674
+7%
|
26 730
+8%
|
28 674
+7%
|
31 213
+9%
|
32 694
+5%
|
33 488
+2%
|
34 752
+4%
|
36 252
+4%
|
35 902
-1%
|
36 020
+0%
|
35 733
-1%
|
34 600
-3%
|
34 222
-1%
|
37 453
+9%
|
36 353
-3%
|
39 590
+9%
|
45 309
+14%
|
48 393
+7%
|
54 742
+13%
|
59 730
+9%
|
63 594
+6%
|
67 563
+6%
|
71 932
+6%
|
73 446
+2%
|
74 521
+1%
|
74 115
-1%
|
75 242
+2%
|
78 752
+5%
|
81 989
+4%
|
85 600
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19 139)
|
(19 909)
|
(20 949)
|
(20 825)
|
(20 788)
|
(20 964)
|
(19 605)
|
(18 956)
|
(18 419)
|
(17 847)
|
(17 804)
|
(18 917)
|
(20 474)
|
(22 550)
|
(25 094)
|
(26 546)
|
(26 979)
|
(28 429)
|
(29 599)
|
(29 401)
|
(29 174)
|
(29 096)
|
(27 940)
|
(27 596)
|
(29 435)
|
(28 785)
|
(30 887)
|
(34 880)
|
(36 772)
|
(42 141)
|
(46 528)
|
(49 984)
|
(54 304)
|
(58 530)
|
(60 003)
|
(60 612)
|
(58 908)
|
(59 731)
|
(62 085)
|
(64 556)
|
(66 761)
|
|
Gross Profit |
5 221
N/A
|
5 544
+6%
|
5 816
+5%
|
5 855
+1%
|
5 746
-2%
|
5 605
-2%
|
5 145
-8%
|
4 818
-6%
|
5 053
+5%
|
4 959
-2%
|
5 179
+4%
|
5 757
+11%
|
6 256
+9%
|
6 124
-2%
|
6 120
0%
|
6 149
+0%
|
6 509
+6%
|
6 326
-3%
|
6 654
+5%
|
6 502
-2%
|
6 846
+5%
|
6 636
-3%
|
6 659
+0%
|
6 625
-1%
|
8 018
+21%
|
7 567
-6%
|
8 704
+15%
|
10 430
+20%
|
11 621
+11%
|
12 602
+8%
|
13 202
+5%
|
13 611
+3%
|
13 258
-3%
|
13 402
+1%
|
13 443
+0%
|
13 909
+3%
|
15 207
+9%
|
15 511
+2%
|
16 667
+7%
|
17 433
+5%
|
18 839
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 427)
|
(4 677)
|
(5 014)
|
(5 382)
|
(5 339)
|
(5 425)
|
(5 265)
|
(5 141)
|
(5 302)
|
(5 161)
|
(5 174)
|
(5 432)
|
(5 823)
|
(5 631)
|
(5 688)
|
(5 703)
|
(6 048)
|
(5 854)
|
(6 089)
|
(5 907)
|
(6 196)
|
(5 829)
|
(5 879)
|
(5 995)
|
(7 288)
|
(7 041)
|
(7 488)
|
(8 292)
|
(8 846)
|
(9 293)
|
(9 922)
|
(10 575)
|
(10 784)
|
(11 102)
|
(11 294)
|
(11 580)
|
(12 357)
|
(12 387)
|
(13 023)
|
(13 238)
|
(14 305)
|
|
Selling, General & Administrative |
(4 493)
|
(4 743)
|
(5 079)
|
(5 334)
|
(5 343)
|
(5 365)
|
(5 192)
|
(5 101)
|
(5 322)
|
(5 162)
|
(5 204)
|
(5 455)
|
(5 816)
|
(5 655)
|
(5 445)
|
(5 346)
|
(5 549)
|
(5 192)
|
(5 565)
|
(5 484)
|
(5 746)
|
(5 436)
|
(5 452)
|
(5 456)
|
(6 556)
|
(6 255)
|
(6 608)
|
(7 344)
|
(7 858)
|
(8 277)
|
(8 880)
|
(9 296)
|
(9 393)
|
(9 313)
|
(9 293)
|
(9 571)
|
(10 521)
|
(10 180)
|
(10 679)
|
(10 835)
|
(12 231)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(287)
|
(440)
|
(618)
|
(770)
|
(651)
|
(672)
|
(687)
|
(710)
|
(744)
|
(770)
|
(934)
|
(1 035)
|
(1 128)
|
(1 253)
|
(1 285)
|
(1 389)
|
(1 551)
|
(1 759)
|
(1 987)
|
(2 122)
|
(2 218)
|
(2 241)
|
(2 289)
|
(2 351)
|
(2 466)
|
(2 583)
|
(2 780)
|
|
Other Operating Expenses |
66
|
68
|
66
|
(47)
|
4
|
(59)
|
(72)
|
(38)
|
20
|
3
|
31
|
23
|
(7)
|
23
|
44
|
83
|
119
|
107
|
126
|
248
|
237
|
317
|
316
|
230
|
202
|
247
|
246
|
303
|
297
|
371
|
508
|
479
|
596
|
332
|
217
|
232
|
453
|
144
|
122
|
180
|
706
|
|
Operating Income |
795
N/A
|
868
+9%
|
803
-7%
|
472
-41%
|
407
-14%
|
178
-56%
|
(122)
N/A
|
(324)
-166%
|
(249)
+23%
|
(201)
+19%
|
6
N/A
|
326
+5 333%
|
433
+33%
|
492
+14%
|
430
-13%
|
444
+3%
|
461
+4%
|
470
+2%
|
565
+20%
|
595
+5%
|
650
+9%
|
808
+24%
|
780
-3%
|
630
-19%
|
730
+16%
|
526
-28%
|
1 215
+131%
|
2 137
+76%
|
2 775
+30%
|
3 308
+19%
|
3 281
-1%
|
3 036
-7%
|
2 474
-18%
|
2 299
-7%
|
2 149
-7%
|
2 329
+8%
|
2 850
+22%
|
3 124
+10%
|
3 644
+17%
|
4 195
+15%
|
4 534
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
407
|
324
|
364
|
349
|
301
|
522
|
563
|
548
|
579
|
447
|
464
|
547
|
662
|
720
|
742
|
1 582
|
780
|
1 556
|
1 608
|
787
|
858
|
837
|
885
|
954
|
1 161
|
1 010
|
771
|
590
|
399
|
366
|
390
|
410
|
302
|
583
|
670
|
724
|
668
|
757
|
846
|
931
|
832
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
13
|
14
|
13
|
784
|
0
|
(1)
|
0
|
(1)
|
1
|
1
|
122
|
156
|
121
|
122
|
1
|
20
|
26
|
27
|
31
|
2
|
5
|
2
|
(1)
|
(155)
|
6
|
7
|
7
|
(128)
|
|
Gain/Loss on Disposition of Assets |
(10)
|
(12)
|
(13)
|
(9)
|
(2)
|
(9)
|
(9)
|
0
|
(11)
|
(1)
|
0
|
(1)
|
0
|
(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
|
0
|
0
|
|
Total Other Income |
109
|
111
|
144
|
106
|
121
|
114
|
176
|
198
|
321
|
327
|
273
|
282
|
193
|
187
|
210
|
168
|
228
|
224
|
189
|
189
|
58
|
60
|
77
|
69
|
105
|
143
|
140
|
150
|
291
|
298
|
263
|
271
|
138
|
121
|
152
|
202
|
462
|
476
|
551
|
519
|
446
|
|
Pre-Tax Income |
1 300
N/A
|
1 291
-1%
|
1 299
+1%
|
920
-29%
|
771
-16%
|
806
+5%
|
609
-24%
|
422
-31%
|
624
+48%
|
571
-8%
|
742
+30%
|
1 152
+55%
|
1 270
+10%
|
1 408
+11%
|
1 396
-1%
|
2 207
+58%
|
2 253
+2%
|
2 249
0%
|
2 359
+5%
|
1 570
-33%
|
1 565
0%
|
1 706
+9%
|
1 744
+2%
|
1 775
+2%
|
2 152
+21%
|
1 798
-16%
|
2 246
+25%
|
2 878
+28%
|
3 485
+21%
|
3 999
+15%
|
3 961
-1%
|
3 748
-5%
|
2 917
-22%
|
3 008
+3%
|
2 973
-1%
|
3 253
+9%
|
3 824
+18%
|
4 363
+14%
|
5 048
+16%
|
5 653
+12%
|
5 685
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(53)
|
(53)
|
(137)
|
(112)
|
(60)
|
(97)
|
(22)
|
(30)
|
(79)
|
(87)
|
(121)
|
(147)
|
(129)
|
(159)
|
(141)
|
(187)
|
(181)
|
(156)
|
(175)
|
(106)
|
(142)
|
(152)
|
(153)
|
(154)
|
(202)
|
(191)
|
(340)
|
(484)
|
(639)
|
(755)
|
(725)
|
(689)
|
(574)
|
(580)
|
(598)
|
(647)
|
(754)
|
(823)
|
(855)
|
(920)
|
(893)
|
|
Income from Continuing Operations |
1 246
|
1 238
|
1 163
|
809
|
712
|
710
|
587
|
392
|
544
|
483
|
620
|
1 005
|
1 142
|
1 250
|
1 256
|
2 020
|
2 072
|
2 093
|
2 185
|
1 465
|
1 423
|
1 555
|
1 591
|
1 621
|
1 950
|
1 607
|
1 905
|
2 393
|
2 846
|
3 243
|
3 236
|
3 059
|
2 343
|
2 428
|
2 375
|
2 607
|
3 069
|
3 540
|
4 193
|
4 733
|
4 791
|
|
Income to Minority Interest |
(29)
|
(26)
|
(20)
|
(36)
|
(39)
|
(40)
|
(19)
|
28
|
36
|
19
|
13
|
(22)
|
(54)
|
(54)
|
(56)
|
(67)
|
(54)
|
(49)
|
(48)
|
(30)
|
(46)
|
(39)
|
(46)
|
(42)
|
(157)
|
(191)
|
(568)
|
(946)
|
(1 267)
|
(1 490)
|
(1 545)
|
(1 556)
|
(1 370)
|
(1 407)
|
(1 397)
|
(1 491)
|
(1 634)
|
(1 756)
|
(1 880)
|
(1 942)
|
(1 954)
|
|
Net Income (Common) |
1 216
N/A
|
1 211
0%
|
1 142
-6%
|
773
-32%
|
672
-13%
|
671
0%
|
569
-15%
|
421
-26%
|
580
+38%
|
502
-13%
|
634
+26%
|
984
+55%
|
1 088
+11%
|
1 197
+10%
|
1 200
+0%
|
1 954
+63%
|
2 018
+3%
|
2 045
+1%
|
2 138
+5%
|
1 435
-33%
|
1 377
-4%
|
1 517
+10%
|
1 546
+2%
|
1 580
+2%
|
1 794
+14%
|
1 416
-21%
|
1 338
-6%
|
1 448
+8%
|
1 579
+9%
|
1 754
+11%
|
1 691
-4%
|
1 503
-11%
|
973
-35%
|
1 021
+5%
|
977
-4%
|
1 116
+14%
|
1 435
+29%
|
1 784
+24%
|
2 312
+30%
|
2 791
+21%
|
2 837
+2%
|
|
EPS (Diluted) |
0.89
N/A
|
0.89
N/A
|
0.84
-6%
|
0.57
-32%
|
0.5
-12%
|
0.5
N/A
|
0.42
-16%
|
0.31
-26%
|
0.43
+39%
|
0.37
-14%
|
0.47
+27%
|
0.72
+53%
|
0.8
+11%
|
0.87
+9%
|
0.88
+1%
|
1.44
+64%
|
1.48
+3%
|
1.51
+2%
|
1.57
+4%
|
1.05
-33%
|
1.01
-4%
|
1.11
+10%
|
1.13
+2%
|
1.16
+3%
|
1.32
+14%
|
1.04
-21%
|
0.99
-5%
|
1.07
+8%
|
1.16
+8%
|
1.29
+11%
|
1.24
-4%
|
1.1
-11%
|
0.71
-35%
|
0.75
+6%
|
0.72
-4%
|
0.82
+14%
|
1.05
+28%
|
1.31
+25%
|
1.69
+29%
|
2.08
+23%
|
2.08
N/A
|