Zotye Automobile Co Ltd
SZSE:000980
Income Statement
Earnings Waterfall
Zotye Automobile Co Ltd
Revenue
|
829.1m
CNY
|
Cost of Revenue
|
-789.9m
CNY
|
Gross Profit
|
39.2m
CNY
|
Operating Expenses
|
-977.5m
CNY
|
Operating Income
|
-938.3m
CNY
|
Other Expenses
|
-863k
CNY
|
Net Income
|
-939.2m
CNY
|
Income Statement
Zotye Automobile Co Ltd
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
915
N/A
|
902
-1%
|
922
+2%
|
909
-1%
|
997
+10%
|
1 111
+11%
|
1 219
+10%
|
1 269
+4%
|
1 350
+6%
|
1 626
+20%
|
1 606
-1%
|
1 759
+10%
|
1 888
+7%
|
1 694
-10%
|
1 849
+9%
|
6 684
+261%
|
12 044
+80%
|
20 804
+73%
|
25 715
+24%
|
25 268
-2%
|
22 574
-11%
|
14 764
-35%
|
13 288
-10%
|
7 816
-41%
|
4 990
-36%
|
2 986
-40%
|
(773)
N/A
|
454
N/A
|
376
-17%
|
1 338
+256%
|
1 334
0%
|
953
-29%
|
969
+2%
|
825
-15%
|
745
-10%
|
739
-1%
|
699
-5%
|
783
+12%
|
821
+5%
|
856
+4%
|
829
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(737)
|
(706)
|
(714)
|
(700)
|
(779)
|
(930)
|
(1 010)
|
(1 040)
|
(1 108)
|
(1 307)
|
(1 274)
|
(1 392)
|
(1 519)
|
(1 329)
|
(1 449)
|
(5 610)
|
(10 159)
|
(17 514)
|
(21 853)
|
(21 418)
|
(19 163)
|
(13 168)
|
(12 009)
|
(7 232)
|
(4 834)
|
(3 539)
|
(6)
|
(1 304)
|
(1 324)
|
(2 145)
|
(1 416)
|
(1 002)
|
(908)
|
(761)
|
(673)
|
(688)
|
(637)
|
(776)
|
(789)
|
(796)
|
(790)
|
|
Gross Profit |
178
N/A
|
196
+10%
|
208
+6%
|
209
+0%
|
219
+5%
|
181
-17%
|
209
+15%
|
229
+10%
|
242
+6%
|
319
+32%
|
332
+4%
|
368
+11%
|
369
+0%
|
364
-1%
|
401
+10%
|
1 073
+168%
|
1 885
+76%
|
3 290
+75%
|
3 862
+17%
|
3 851
0%
|
3 411
-11%
|
1 597
-53%
|
1 279
-20%
|
584
-54%
|
155
-73%
|
(553)
N/A
|
(780)
-41%
|
(850)
-9%
|
(947)
-11%
|
(807)
+15%
|
(82)
+90%
|
(49)
+40%
|
61
N/A
|
64
+5%
|
72
+12%
|
51
-29%
|
62
+23%
|
8
-88%
|
32
+319%
|
60
+90%
|
39
-35%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(103)
|
(120)
|
(135)
|
(151)
|
(157)
|
(144)
|
(175)
|
(189)
|
(201)
|
(187)
|
(228)
|
(269)
|
(272)
|
(253)
|
(285)
|
(661)
|
(1 180)
|
(1 829)
|
(2 189)
|
(2 275)
|
(1 996)
|
(2 466)
|
(2 515)
|
(2 417)
|
(2 585)
|
(3 263)
|
(11 181)
|
(11 353)
|
(11 194)
|
(7 669)
|
(9 607)
|
(9 441)
|
(9 340)
|
(2 392)
|
(2 822)
|
(2 474)
|
(2 430)
|
(683)
|
(908)
|
(977)
|
(977)
|
|
Selling, General & Administrative |
(81)
|
(89)
|
(111)
|
(125)
|
(132)
|
(107)
|
(137)
|
(147)
|
(158)
|
(124)
|
(168)
|
(194)
|
(198)
|
(183)
|
(231)
|
(604)
|
(1 122)
|
(1 243)
|
(1 769)
|
(1 854)
|
(1 491)
|
(1 797)
|
(1 806)
|
(1 626)
|
(1 745)
|
(2 029)
|
(2 290)
|
(2 524)
|
(2 473)
|
(7 090)
|
(4 786)
|
(4 737)
|
(4 639)
|
(2 190)
|
(2 248)
|
(1 828)
|
(1 803)
|
(502)
|
(641)
|
(662)
|
(656)
|
|
Research & Development |
0
|
(15)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(357)
|
0
|
0
|
(450)
|
(561)
|
(505)
|
(595)
|
(670)
|
(853)
|
(808)
|
(770)
|
(626)
|
(198)
|
(171)
|
0
|
(109)
|
(19)
|
(20)
|
(27)
|
(30)
|
(34)
|
(38)
|
(44)
|
(46)
|
|
Depreciation & Amortization |
0
|
(12)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(214)
|
0
|
0
|
0
|
(285)
|
0
|
0
|
0
|
(401)
|
0
|
0
|
0
|
(375)
|
0
|
0
|
0
|
(159)
|
0
|
0
|
0
|
(151)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(22)
|
(3)
|
(24)
|
(26)
|
(25)
|
(3)
|
(38)
|
(41)
|
(43)
|
(2)
|
(60)
|
(74)
|
(74)
|
(2)
|
(52)
|
(58)
|
(57)
|
(15)
|
(420)
|
(420)
|
(56)
|
178
|
(203)
|
(196)
|
(169)
|
20
|
(8 083)
|
(8 059)
|
(8 094)
|
(6)
|
(4 651)
|
(4 704)
|
(4 592)
|
(24)
|
(554)
|
(619)
|
(597)
|
4
|
(228)
|
(271)
|
(275)
|
|
Operating Income |
75
N/A
|
77
+3%
|
73
-5%
|
58
-21%
|
62
+7%
|
38
-39%
|
34
-10%
|
41
+18%
|
41
+1%
|
132
+222%
|
104
-21%
|
99
-4%
|
97
-2%
|
111
+14%
|
116
+5%
|
412
+254%
|
705
+71%
|
1 461
+107%
|
1 673
+15%
|
1 576
-6%
|
1 415
-10%
|
(869)
N/A
|
(1 235)
-42%
|
(1 833)
-48%
|
(2 429)
-33%
|
(3 816)
-57%
|
(11 961)
-213%
|
(12 203)
-2%
|
(12 141)
+1%
|
(8 476)
+30%
|
(9 690)
-14%
|
(9 491)
+2%
|
(9 279)
+2%
|
(2 327)
+75%
|
(2 750)
-18%
|
(2 423)
+12%
|
(2 367)
+2%
|
(675)
+71%
|
(876)
-30%
|
(917)
-5%
|
(938)
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(29)
|
(25)
|
(29)
|
(26)
|
(27)
|
0
|
(0)
|
1
|
5
|
(14)
|
(21)
|
(20)
|
(16)
|
(11)
|
(14)
|
(47)
|
(84)
|
(91)
|
(155)
|
(104)
|
(92)
|
(157)
|
(165)
|
(219)
|
(231)
|
(230)
|
(268)
|
(253)
|
(343)
|
(311)
|
(316)
|
(333)
|
(276)
|
(10)
|
2 119
|
2 142
|
2 193
|
(72)
|
(52)
|
(47)
|
(48)
|
|
Non-Reccuring Items |
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(2)
|
0
|
(1)
|
0
|
(3)
|
0
|
(1)
|
1
|
(337)
|
(5)
|
(4)
|
(5)
|
(7 614)
|
25
|
25
|
56
|
(1 347)
|
41
|
44
|
12
|
1 606
|
13
|
15
|
15
|
(178)
|
2
|
(2)
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
0
|
(1)
|
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
|
0
|
0
|
|
Total Other Income |
6
|
2
|
14
|
16
|
16
|
17
|
4
|
3
|
3
|
2
|
2
|
4
|
6
|
6
|
7
|
12
|
13
|
125
|
124
|
116
|
119
|
2 027
|
2 022
|
2 016
|
2 014
|
(121)
|
(137)
|
(165)
|
(182)
|
(267)
|
(273)
|
(259)
|
(235)
|
15
|
0
|
27
|
17
|
11
|
(20)
|
45
|
44
|
|
Pre-Tax Income |
52
N/A
|
49
-5%
|
59
+20%
|
48
-18%
|
51
+6%
|
50
-1%
|
38
-24%
|
43
+13%
|
47
+9%
|
74
+58%
|
84
+13%
|
83
-1%
|
87
+5%
|
105
+21%
|
109
+4%
|
376
+245%
|
633
+68%
|
1 493
+136%
|
1 642
+10%
|
1 586
-3%
|
1 443
-9%
|
664
-54%
|
617
-7%
|
(40)
N/A
|
(651)
-1 524%
|
(11 781)
-1 709%
|
(12 340)
-5%
|
(12 596)
-2%
|
(12 609)
0%
|
(10 400)
+18%
|
(10 238)
+2%
|
(10 040)
+2%
|
(9 778)
+3%
|
(716)
+93%
|
(617)
+14%
|
(240)
+61%
|
(142)
+41%
|
(914)
-542%
|
(945)
-3%
|
(920)
+3%
|
(944)
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(10)
|
(11)
|
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(8)
|
(14)
|
(15)
|
(11)
|
(14)
|
(18)
|
(18)
|
(103)
|
(110)
|
(236)
|
(276)
|
(247)
|
(251)
|
137
|
149
|
247
|
277
|
590
|
0
|
658
|
614
|
(404)
|
(404)
|
(483)
|
(454)
|
9
|
0
|
8
|
8
|
6
|
6
|
6
|
6
|
|
Income from Continuing Operations |
41
|
39
|
48
|
39
|
42
|
42
|
31
|
36
|
38
|
61
|
68
|
71
|
73
|
87
|
91
|
273
|
523
|
1 257
|
1 367
|
1 339
|
1 192
|
801
|
766
|
207
|
(374)
|
(11 191)
|
(11 716)
|
(11 938)
|
(11 996)
|
(10 804)
|
(10 642)
|
(10 522)
|
(10 231)
|
(708)
|
(609)
|
(232)
|
(134)
|
(908)
|
(940)
|
(913)
|
(938)
|
|
Income to Minority Interest |
(1)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
1
|
2
|
3
|
3
|
2
|
3
|
3
|
2
|
2
|
1
|
2
|
2
|
(0)
|
(0)
|
(2)
|
(1)
|
|
Net Income (Common) |
40
N/A
|
39
-2%
|
48
+23%
|
39
-18%
|
42
+6%
|
42
+1%
|
31
-26%
|
36
+15%
|
38
+7%
|
60
+57%
|
68
+13%
|
72
+5%
|
74
+3%
|
87
+18%
|
90
+3%
|
272
+202%
|
523
+92%
|
1 256
+140%
|
1 366
+9%
|
1 339
-2%
|
1 191
-11%
|
800
-33%
|
765
-4%
|
205
-73%
|
(375)
N/A
|
(11 190)
-2 881%
|
(11 714)
-5%
|
(11 934)
-2%
|
(11 993)
0%
|
(10 801)
+10%
|
(10 639)
+2%
|
(10 520)
+1%
|
(10 229)
+3%
|
(706)
+93%
|
(607)
+14%
|
(230)
+62%
|
(132)
+43%
|
(909)
-587%
|
(940)
-3%
|
(915)
+3%
|
(939)
-3%
|
|
EPS (Diluted) |
0.12
N/A
|
0.12
N/A
|
0.11
-8%
|
0.08
-27%
|
0.08
N/A
|
0.08
N/A
|
0.05
-38%
|
0.06
+20%
|
0.07
+17%
|
0.11
+57%
|
0.13
+18%
|
0.14
+8%
|
0.14
N/A
|
0.16
+14%
|
0.17
+6%
|
0.14
-18%
|
0.26
+86%
|
0.62
+138%
|
0.68
+10%
|
0.66
-3%
|
0.58
-12%
|
0.39
-33%
|
0.37
-5%
|
0.09
-76%
|
-0.19
N/A
|
-5.52
-2 805%
|
-5.78
-5%
|
-5.88
-2%
|
-5.91
-1%
|
-5.33
+10%
|
-5.25
+2%
|
-5.2
+1%
|
-5.05
+3%
|
-0.14
+97%
|
-0.11
+21%
|
-0.04
+64%
|
-0.03
+25%
|
-0.18
-500%
|
-0.19
-6%
|
-0.18
+5%
|
-0.18
N/A
|