AVIC Electromechanical Systems Co Ltd
SZSE:002013
Income Statement
Earnings Waterfall
AVIC Electromechanical Systems Co Ltd
Revenue
|
15.8B
CNY
|
Cost of Revenue
|
-11.6B
CNY
|
Gross Profit
|
4.1B
CNY
|
Operating Expenses
|
-2.6B
CNY
|
Operating Income
|
1.5B
CNY
|
Other Expenses
|
-87.2m
CNY
|
Net Income
|
1.4B
CNY
|
Income Statement
AVIC Electromechanical Systems Co Ltd
Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
10 487
N/A
|
6 674
-36%
|
10 840
+62%
|
10 520
-3%
|
10 489
0%
|
6 730
-36%
|
6 755
+0%
|
7 251
+7%
|
7 400
+2%
|
7 562
+2%
|
7 453
-1%
|
7 074
-5%
|
7 106
+0%
|
7 942
+12%
|
8 347
+5%
|
8 612
+3%
|
8 909
+3%
|
8 512
-4%
|
9 082
+7%
|
10 099
+11%
|
10 819
+7%
|
11 181
+3%
|
11 949
+7%
|
11 876
-1%
|
11 831
0%
|
11 781
0%
|
11 846
+1%
|
11 612
-2%
|
12 197
+5%
|
12 131
-1%
|
11 734
-3%
|
11 933
+2%
|
12 072
+1%
|
12 224
+1%
|
13 728
+12%
|
14 878
+8%
|
15 478
+4%
|
14 992
-3%
|
15 361
+2%
|
15 629
+2%
|
15 751
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 213)
|
(5 223)
|
(8 400)
|
(8 040)
|
(7 987)
|
(5 013)
|
(5 079)
|
(5 523)
|
(5 704)
|
(5 786)
|
(5 700)
|
(5 546)
|
(5 442)
|
(6 091)
|
(6 404)
|
(6 512)
|
(6 825)
|
(6 433)
|
(6 879)
|
(7 609)
|
(8 167)
|
(8 259)
|
(8 921)
|
(8 906)
|
(8 806)
|
(8 678)
|
(8 794)
|
(8 553)
|
(9 021)
|
(8 880)
|
(8 609)
|
(8 848)
|
(8 937)
|
(8 999)
|
(10 215)
|
(11 190)
|
(11 681)
|
(11 369)
|
(11 576)
|
(11 672)
|
(11 643)
|
|
Gross Profit |
2 274
N/A
|
1 451
-36%
|
2 441
+68%
|
2 480
+2%
|
2 502
+1%
|
1 716
-31%
|
1 677
-2%
|
1 728
+3%
|
1 696
-2%
|
1 776
+5%
|
1 753
-1%
|
1 528
-13%
|
1 665
+9%
|
1 851
+11%
|
1 943
+5%
|
2 100
+8%
|
2 084
-1%
|
2 079
0%
|
2 203
+6%
|
2 491
+13%
|
2 653
+7%
|
2 921
+10%
|
3 028
+4%
|
2 970
-2%
|
3 025
+2%
|
3 103
+3%
|
3 052
-2%
|
3 059
+0%
|
3 175
+4%
|
3 252
+2%
|
3 125
-4%
|
3 085
-1%
|
3 135
+2%
|
3 226
+3%
|
3 513
+9%
|
3 688
+5%
|
3 797
+3%
|
3 623
-5%
|
3 785
+4%
|
3 956
+5%
|
4 108
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 487)
|
(836)
|
(1 460)
|
(1 485)
|
(1 477)
|
(1 047)
|
(1 037)
|
(1 061)
|
(1 051)
|
(1 115)
|
(1 109)
|
(1 071)
|
(1 103)
|
(1 178)
|
(1 212)
|
(1 292)
|
(1 311)
|
(1 313)
|
(1 333)
|
(1 461)
|
(1 625)
|
(1 704)
|
(1 718)
|
(1 687)
|
(1 663)
|
(1 822)
|
(1 737)
|
(1 697)
|
(1 720)
|
(1 846)
|
(1 723)
|
(1 690)
|
(1 661)
|
(1 748)
|
(1 854)
|
(1 987)
|
(2 090)
|
(2 081)
|
(2 227)
|
(2 407)
|
(2 601)
|
|
Selling, General & Administrative |
(1 389)
|
(623)
|
(1 530)
|
(1 556)
|
(1 565)
|
(796)
|
(1 019)
|
(1 040)
|
(1 021)
|
(827)
|
(1 086)
|
(1 065)
|
(1 095)
|
(874)
|
(1 160)
|
(1 226)
|
(1 252)
|
(922)
|
(1 299)
|
(1 447)
|
(1 558)
|
(1 257)
|
(1 289)
|
(1 299)
|
(1 322)
|
(1 334)
|
(1 359)
|
(1 196)
|
(1 146)
|
(1 290)
|
(1 311)
|
(1 281)
|
(1 230)
|
(1 278)
|
(1 433)
|
(1 495)
|
(1 554)
|
(1 348)
|
(1 490)
|
(1 531)
|
(1 580)
|
|
Research & Development |
0
|
(162)
|
0
|
0
|
0
|
(190)
|
0
|
0
|
0
|
(217)
|
0
|
0
|
0
|
(234)
|
0
|
0
|
0
|
(308)
|
0
|
0
|
0
|
(386)
|
(215)
|
0
|
0
|
(394)
|
(280)
|
(394)
|
(488)
|
(519)
|
(533)
|
(535)
|
(582)
|
(560)
|
(658)
|
(720)
|
(771)
|
(739)
|
(860)
|
(1 011)
|
(1 126)
|
|
Depreciation & Amortization |
0
|
(49)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(115)
|
0
|
0
|
0
|
(146)
|
0
|
0
|
0
|
(161)
|
0
|
0
|
0
|
(166)
|
0
|
0
|
0
|
(173)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(99)
|
(2)
|
71
|
72
|
89
|
(10)
|
(18)
|
(21)
|
(30)
|
(15)
|
(24)
|
(7)
|
(8)
|
(7)
|
(52)
|
(66)
|
(59)
|
(15)
|
(34)
|
(14)
|
(67)
|
53
|
(213)
|
(388)
|
(341)
|
51
|
(98)
|
(107)
|
(86)
|
124
|
121
|
126
|
151
|
256
|
236
|
229
|
235
|
180
|
124
|
136
|
105
|
|
Operating Income |
787
N/A
|
615
-22%
|
981
+60%
|
996
+1%
|
1 025
+3%
|
669
-35%
|
640
-4%
|
667
+4%
|
645
-3%
|
661
+2%
|
644
-3%
|
457
-29%
|
562
+23%
|
673
+20%
|
732
+9%
|
808
+10%
|
774
-4%
|
767
-1%
|
870
+13%
|
1 030
+18%
|
1 028
0%
|
1 217
+18%
|
1 311
+8%
|
1 283
-2%
|
1 362
+6%
|
1 281
-6%
|
1 316
+3%
|
1 362
+4%
|
1 455
+7%
|
1 405
-3%
|
1 402
0%
|
1 395
-1%
|
1 474
+6%
|
1 477
+0%
|
1 659
+12%
|
1 701
+3%
|
1 707
+0%
|
1 543
-10%
|
1 558
+1%
|
1 550
-1%
|
1 507
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(248)
|
(177)
|
(305)
|
(313)
|
(324)
|
(207)
|
(233)
|
(251)
|
(257)
|
(279)
|
(298)
|
(257)
|
(262)
|
(174)
|
(160)
|
(189)
|
(175)
|
(220)
|
(228)
|
(232)
|
(253)
|
(231)
|
(254)
|
(214)
|
(161)
|
(170)
|
(175)
|
(198)
|
(230)
|
(197)
|
(188)
|
(179)
|
(203)
|
(133)
|
(128)
|
(89)
|
(3)
|
39
|
50
|
133
|
148
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
33
|
2
|
2
|
2
|
15
|
0
|
0
|
0
|
(10)
|
(4)
|
(4)
|
(4)
|
(61)
|
(25)
|
(25)
|
(25)
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(0)
|
(25)
|
(0)
|
(1)
|
(1)
|
(4)
|
(5)
|
(6)
|
(8)
|
(3)
|
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 |
117
|
54
|
82
|
73
|
71
|
48
|
59
|
70
|
75
|
106
|
70
|
72
|
101
|
96
|
104
|
152
|
120
|
120
|
92
|
31
|
84
|
9
|
(4)
|
15
|
(21)
|
(8)
|
(16)
|
(9)
|
(31)
|
22
|
13
|
24
|
24
|
14
|
12
|
(27)
|
(38)
|
8
|
(4)
|
(9)
|
(0)
|
|
Pre-Tax Income |
657
N/A
|
490
-25%
|
758
+55%
|
756
0%
|
771
+2%
|
506
-34%
|
466
-8%
|
487
+4%
|
463
-5%
|
464
+0%
|
416
-10%
|
270
-35%
|
400
+48%
|
613
+53%
|
671
+9%
|
764
+14%
|
711
-7%
|
663
-7%
|
735
+11%
|
827
+13%
|
859
+4%
|
973
+13%
|
1 052
+8%
|
1 084
+3%
|
1 180
+9%
|
1 136
-4%
|
1 126
-1%
|
1 157
+3%
|
1 196
+3%
|
1 245
+4%
|
1 227
-1%
|
1 240
+1%
|
1 295
+4%
|
1 348
+4%
|
1 538
+14%
|
1 581
+3%
|
1 661
+5%
|
1 528
-8%
|
1 579
+3%
|
1 648
+4%
|
1 629
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(122)
|
(101)
|
(154)
|
(146)
|
(144)
|
(83)
|
(89)
|
(90)
|
(86)
|
(82)
|
(83)
|
(57)
|
(77)
|
(105)
|
(110)
|
(116)
|
(110)
|
(87)
|
(98)
|
(108)
|
(114)
|
(238)
|
(254)
|
(274)
|
(285)
|
(184)
|
(176)
|
(180)
|
(172)
|
(186)
|
(180)
|
(186)
|
(212)
|
(203)
|
(224)
|
(228)
|
(226)
|
(178)
|
(179)
|
(172)
|
(148)
|
|
Income from Continuing Operations |
535
|
390
|
604
|
610
|
628
|
423
|
376
|
396
|
377
|
382
|
333
|
213
|
323
|
508
|
561
|
648
|
602
|
576
|
637
|
719
|
745
|
735
|
799
|
810
|
896
|
952
|
950
|
977
|
1 023
|
1 059
|
1 048
|
1 055
|
1 083
|
1 145
|
1 314
|
1 352
|
1 434
|
1 350
|
1 400
|
1 476
|
1 482
|
|
Income to Minority Interest |
(30)
|
(18)
|
(24)
|
(22)
|
(18)
|
(4)
|
0
|
3
|
5
|
0
|
1
|
6
|
14
|
11
|
8
|
5
|
0
|
7
|
5
|
(3)
|
(11)
|
(17)
|
(39)
|
(58)
|
(64)
|
(97)
|
(82)
|
(78)
|
(95)
|
(98)
|
(83)
|
(82)
|
(76)
|
(71)
|
(93)
|
(94)
|
(95)
|
(79)
|
(74)
|
(66)
|
(62)
|
|
Net Income (Common) |
505
N/A
|
371
-27%
|
580
+56%
|
588
+1%
|
610
+4%
|
419
-31%
|
377
-10%
|
399
+6%
|
382
-4%
|
382
0%
|
335
-12%
|
220
-34%
|
337
+54%
|
519
+54%
|
568
+10%
|
652
+15%
|
602
-8%
|
583
-3%
|
642
+10%
|
717
+12%
|
734
+2%
|
718
-2%
|
760
+6%
|
752
-1%
|
831
+11%
|
855
+3%
|
868
+1%
|
899
+4%
|
928
+3%
|
961
+4%
|
965
+0%
|
972
+1%
|
1 007
+4%
|
1 075
+7%
|
1 221
+14%
|
1 258
+3%
|
1 339
+6%
|
1 271
-5%
|
1 326
+4%
|
1 410
+6%
|
1 420
+1%
|
|
EPS (Diluted) |
0.16
N/A
|
0.12
-25%
|
0.19
+58%
|
0.19
N/A
|
0.2
+5%
|
0.13
-35%
|
0.12
-8%
|
0.13
+8%
|
0.13
N/A
|
0.12
-8%
|
0.12
N/A
|
0.08
-33%
|
0.11
+38%
|
0.17
+55%
|
0.18
+6%
|
0.2
+11%
|
0.18
-10%
|
0.16
-11%
|
0.18
+13%
|
0.2
+11%
|
0.21
+5%
|
0.2
-5%
|
0.21
+5%
|
0.21
N/A
|
0.23
+10%
|
0.24
+4%
|
0.25
+4%
|
0.26
+4%
|
0.27
+4%
|
0.27
N/A
|
0.28
+4%
|
0.28
N/A
|
0.25
-11%
|
0.29
+16%
|
0.31
+7%
|
0.34
+10%
|
0.37
+9%
|
0.33
-11%
|
0.35
+6%
|
0.37
+6%
|
0.37
N/A
|