Vatti Corp Ltd
SZSE:002035
Income Statement
Earnings Waterfall
Vatti Corp Ltd
Revenue
|
6B
CNY
|
Cost of Revenue
|
-3.6B
CNY
|
Gross Profit
|
2.4B
CNY
|
Operating Expenses
|
-2.2B
CNY
|
Operating Income
|
161.9m
CNY
|
Other Expenses
|
60.2m
CNY
|
Net Income
|
222.1m
CNY
|
Income Statement
Vatti Corp 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 |
3 470
N/A
|
3 709
+7%
|
3 875
+4%
|
3 883
+0%
|
3 958
+2%
|
4 230
+7%
|
4 050
-4%
|
4 006
-1%
|
3 866
-3%
|
3 720
-4%
|
3 828
+3%
|
4 031
+5%
|
4 205
+4%
|
4 395
+5%
|
4 675
+6%
|
5 026
+7%
|
5 360
+7%
|
5 731
+7%
|
5 999
+5%
|
6 198
+3%
|
6 294
+2%
|
6 095
-3%
|
6 002
-2%
|
5 851
-3%
|
5 724
-2%
|
5 748
+0%
|
5 108
-11%
|
4 485
-12%
|
4 446
-1%
|
4 361
-2%
|
4 721
+8%
|
5 352
+13%
|
5 353
+0%
|
5 588
+4%
|
5 661
+1%
|
5 732
+1%
|
5 882
+3%
|
5 819
-1%
|
5 889
+1%
|
5 895
+0%
|
5 990
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 315)
|
(2 374)
|
(2 494)
|
(2 494)
|
(2 530)
|
(2 692)
|
(2 601)
|
(2 530)
|
(2 442)
|
(2 290)
|
(2 350)
|
(2 424)
|
(2 500)
|
(2 526)
|
(2 725)
|
(2 884)
|
(3 021)
|
(3 123)
|
(3 268)
|
(3 352)
|
(3 386)
|
(3 217)
|
(3 171)
|
(3 024)
|
(2 945)
|
(2 976)
|
(2 697)
|
(2 446)
|
(2 431)
|
(2 478)
|
(2 729)
|
(3 112)
|
(3 209)
|
(3 330)
|
(3 417)
|
(3 457)
|
(3 533)
|
(3 548)
|
(3 597)
|
(3 620)
|
(3 639)
|
|
Gross Profit |
1 155
N/A
|
1 335
+16%
|
1 381
+3%
|
1 389
+1%
|
1 428
+3%
|
1 538
+8%
|
1 449
-6%
|
1 476
+2%
|
1 424
-4%
|
1 430
+0%
|
1 479
+3%
|
1 607
+9%
|
1 705
+6%
|
1 869
+10%
|
1 950
+4%
|
2 141
+10%
|
2 339
+9%
|
2 607
+11%
|
2 732
+5%
|
2 846
+4%
|
2 907
+2%
|
2 878
-1%
|
2 831
-2%
|
2 828
0%
|
2 779
-2%
|
2 773
0%
|
2 411
-13%
|
2 039
-15%
|
2 015
-1%
|
1 882
-7%
|
1 992
+6%
|
2 240
+12%
|
2 144
-4%
|
2 258
+5%
|
2 243
-1%
|
2 275
+1%
|
2 349
+3%
|
2 271
-3%
|
2 292
+1%
|
2 275
-1%
|
2 351
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(903)
|
(1 086)
|
(1 127)
|
(1 123)
|
(1 144)
|
(1 254)
|
(1 182)
|
(1 218)
|
(1 228)
|
(1 235)
|
(1 254)
|
(1 332)
|
(1 400)
|
(1 517)
|
(1 576)
|
(1 708)
|
(1 873)
|
(2 032)
|
(2 125)
|
(2 177)
|
(2 201)
|
(2 139)
|
(2 065)
|
(2 051)
|
(2 004)
|
(2 023)
|
(1 755)
|
(1 513)
|
(1 489)
|
(1 455)
|
(1 525)
|
(1 703)
|
(1 687)
|
(2 056)
|
(2 037)
|
(2 079)
|
(2 154)
|
(2 183)
|
(2 193)
|
(2 181)
|
(2 190)
|
|
Selling, General & Administrative |
(906)
|
(959)
|
(1 119)
|
(1 111)
|
(1 130)
|
(1 099)
|
(1 163)
|
(1 202)
|
(1 213)
|
(1 087)
|
(1 248)
|
(1 320)
|
(1 397)
|
(1 354)
|
(1 558)
|
(1 692)
|
(1 855)
|
(1 840)
|
(2 086)
|
(2 102)
|
(2 078)
|
(1 875)
|
(1 863)
|
(1 839)
|
(1 779)
|
(1 726)
|
(1 563)
|
(1 332)
|
(1 324)
|
(1 206)
|
(1 360)
|
(1 508)
|
(1 485)
|
(1 765)
|
(1 829)
|
(1 902)
|
(1 970)
|
(1 905)
|
(1 994)
|
(1 987)
|
(2 004)
|
|
Research & Development |
0
|
(104)
|
0
|
0
|
0
|
(128)
|
0
|
0
|
0
|
(121)
|
0
|
0
|
0
|
(137)
|
0
|
0
|
0
|
(184)
|
0
|
0
|
(66)
|
(205)
|
(179)
|
(240)
|
(231)
|
(226)
|
(234)
|
(219)
|
(218)
|
(205)
|
(230)
|
(267)
|
(275)
|
(220)
|
(252)
|
(235)
|
(246)
|
(235)
|
(257)
|
(250)
|
(230)
|
|
Depreciation & Amortization |
0
|
(22)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(86)
|
0
|
0
|
0
|
(94)
|
0
|
0
|
0
|
(103)
|
0
|
0
|
0
|
(135)
|
0
|
0
|
0
|
(123)
|
0
|
0
|
0
|
|
Other Operating Expenses |
3
|
(1)
|
(8)
|
(12)
|
(15)
|
(1)
|
(19)
|
(16)
|
(16)
|
(2)
|
(6)
|
(11)
|
(3)
|
(2)
|
(18)
|
(16)
|
(18)
|
13
|
(39)
|
(76)
|
(58)
|
28
|
(23)
|
27
|
6
|
22
|
42
|
38
|
53
|
59
|
66
|
71
|
73
|
65
|
45
|
59
|
62
|
80
|
59
|
56
|
45
|
|
Operating Income |
252
N/A
|
249
-2%
|
254
+2%
|
266
+4%
|
284
+7%
|
284
+0%
|
268
-6%
|
258
-4%
|
195
-24%
|
195
0%
|
225
+15%
|
276
+23%
|
305
+11%
|
353
+16%
|
374
+6%
|
434
+16%
|
466
+7%
|
575
+23%
|
607
+5%
|
668
+10%
|
706
+6%
|
739
+5%
|
767
+4%
|
776
+1%
|
775
0%
|
750
-3%
|
656
-13%
|
526
-20%
|
526
0%
|
428
-19%
|
468
+9%
|
537
+15%
|
457
-15%
|
202
-56%
|
207
+2%
|
196
-5%
|
195
-1%
|
88
-55%
|
99
+13%
|
94
-6%
|
162
+73%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
3
|
6
|
10
|
13
|
12
|
16
|
17
|
20
|
26
|
27
|
22
|
19
|
16
|
33
|
30
|
38
|
42
|
35
|
49
|
67
|
69
|
51
|
58
|
47
|
53
|
67
|
61
|
56
|
42
|
34
|
29
|
21
|
24
|
27
|
25
|
34
|
40
|
60
|
65
|
63
|
52
|
|
Non-Reccuring Items |
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
6
|
0
|
(1)
|
0
|
(3)
|
0
|
0
|
(0)
|
(2)
|
(0)
|
0
|
1
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(1)
|
(2)
|
0
|
(2)
|
(1)
|
(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
|
|
Total Other Income |
17
|
23
|
27
|
33
|
40
|
45
|
45
|
51
|
38
|
38
|
32
|
25
|
27
|
22
|
30
|
21
|
20
|
15
|
3
|
2
|
0
|
13
|
11
|
27
|
30
|
31
|
26
|
14
|
13
|
8
|
7
|
4
|
(0)
|
3
|
1
|
(1)
|
(3)
|
(0)
|
(3)
|
(1)
|
1
|
|
Pre-Tax Income |
273
N/A
|
277
+2%
|
292
+5%
|
312
+7%
|
336
+8%
|
346
+3%
|
329
-5%
|
329
0%
|
258
-22%
|
258
0%
|
277
+8%
|
318
+15%
|
347
+9%
|
399
+15%
|
433
+9%
|
492
+14%
|
528
+7%
|
621
+18%
|
658
+6%
|
737
+12%
|
775
+5%
|
809
+4%
|
835
+3%
|
849
+2%
|
857
+1%
|
844
-2%
|
743
-12%
|
595
-20%
|
580
-3%
|
468
-19%
|
503
+8%
|
563
+12%
|
481
-14%
|
231
-52%
|
233
+1%
|
229
-2%
|
231
+1%
|
146
-37%
|
160
+10%
|
155
-3%
|
214
+38%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(50)
|
(48)
|
(51)
|
(53)
|
(56)
|
(56)
|
(49)
|
(48)
|
(36)
|
(40)
|
(48)
|
(56)
|
(59)
|
(58)
|
(61)
|
(66)
|
(72)
|
(95)
|
(94)
|
(106)
|
(119)
|
(116)
|
(125)
|
(104)
|
(91)
|
(84)
|
(70)
|
(70)
|
(69)
|
(52)
|
(57)
|
(70)
|
(58)
|
(16)
|
(15)
|
(11)
|
(12)
|
6
|
2
|
13
|
12
|
|
Income from Continuing Operations |
223
|
230
|
241
|
259
|
280
|
290
|
280
|
281
|
222
|
218
|
229
|
262
|
288
|
342
|
373
|
426
|
455
|
527
|
564
|
631
|
656
|
694
|
711
|
746
|
766
|
761
|
673
|
526
|
511
|
416
|
446
|
493
|
423
|
215
|
218
|
218
|
220
|
152
|
162
|
168
|
226
|
|
Income to Minority Interest |
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(14)
|
(16)
|
(18)
|
(17)
|
(17)
|
(16)
|
(15)
|
(16)
|
(17)
|
(17)
|
(16)
|
(14)
|
(13)
|
(11)
|
(9)
|
(8)
|
(8)
|
(8)
|
(10)
|
(10)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(7)
|
(5)
|
(4)
|
|
Net Income (Common) |
218
N/A
|
224
+3%
|
235
+5%
|
252
+7%
|
273
+8%
|
281
+3%
|
272
-3%
|
271
0%
|
212
-22%
|
208
-2%
|
219
+5%
|
251
+15%
|
276
+10%
|
328
+19%
|
357
+9%
|
409
+15%
|
438
+7%
|
510
+16%
|
548
+8%
|
617
+13%
|
640
+4%
|
677
+6%
|
694
+3%
|
730
+5%
|
752
+3%
|
748
-1%
|
662
-12%
|
517
-22%
|
503
-3%
|
408
-19%
|
439
+8%
|
483
+10%
|
413
-14%
|
207
-50%
|
209
+1%
|
209
0%
|
210
+0%
|
143
-32%
|
156
+9%
|
163
+4%
|
222
+37%
|
|
EPS (Diluted) |
0.27
N/A
|
0.27
N/A
|
0.27
N/A
|
0.29
+7%
|
0.31
+7%
|
0.33
+6%
|
0.31
-6%
|
0.31
N/A
|
0.24
-23%
|
0.24
N/A
|
0.26
+8%
|
0.29
+12%
|
0.32
+10%
|
0.38
+19%
|
0.41
+8%
|
0.47
+15%
|
0.51
+9%
|
0.59
+16%
|
0.63
+7%
|
0.71
+13%
|
0.73
+3%
|
0.77
+5%
|
0.79
+3%
|
0.83
+5%
|
0.86
+4%
|
0.85
-1%
|
0.75
-12%
|
0.59
-21%
|
0.57
-3%
|
0.47
-18%
|
0.51
+9%
|
0.56
+10%
|
0.49
-13%
|
0.24
-51%
|
0.25
+4%
|
0.25
N/A
|
0.25
N/A
|
0.17
-32%
|
0.18
+6%
|
0.19
+6%
|
0.26
+37%
|