Sunwave Communications Co Ltd
SZSE:002115
Income Statement
Earnings Waterfall
Sunwave Communications Co Ltd
Revenue
|
12.8B
CNY
|
Cost of Revenue
|
-12.2B
CNY
|
Gross Profit
|
628.5m
CNY
|
Operating Expenses
|
-477.5m
CNY
|
Operating Income
|
151m
CNY
|
Other Expenses
|
-9m
CNY
|
Net Income
|
142m
CNY
|
Income Statement
Sunwave Communications 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 |
895
N/A
|
791
-12%
|
752
-5%
|
778
+3%
|
745
-4%
|
905
+21%
|
916
+1%
|
965
+5%
|
985
+2%
|
865
-12%
|
900
+4%
|
847
-6%
|
857
+1%
|
989
+15%
|
1 029
+4%
|
1 063
+3%
|
1 125
+6%
|
1 181
+5%
|
1 484
+26%
|
2 159
+45%
|
2 835
+31%
|
3 554
+25%
|
4 034
+14%
|
4 212
+4%
|
4 671
+11%
|
5 559
+19%
|
6 454
+16%
|
7 398
+15%
|
8 275
+12%
|
8 738
+6%
|
9 527
+9%
|
10 028
+5%
|
10 277
+2%
|
10 264
0%
|
10 012
-2%
|
9 930
-1%
|
9 929
0%
|
10 296
+4%
|
11 257
+9%
|
11 986
+6%
|
12 819
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(631)
|
(624)
|
(598)
|
(628)
|
(583)
|
(659)
|
(665)
|
(682)
|
(708)
|
(611)
|
(651)
|
(638)
|
(644)
|
(733)
|
(765)
|
(778)
|
(825)
|
(876)
|
(1 146)
|
(1 770)
|
(2 392)
|
(3 068)
|
(3 500)
|
(3 698)
|
(4 145)
|
(5 055)
|
(6 033)
|
(6 977)
|
(7 870)
|
(8 364)
|
(9 119)
|
(9 624)
|
(9 880)
|
(9 805)
|
(9 560)
|
(9 448)
|
(9 450)
|
(9 774)
|
(10 700)
|
(11 410)
|
(12 190)
|
|
Gross Profit |
264
N/A
|
168
-37%
|
154
-8%
|
149
-3%
|
163
+9%
|
245
+51%
|
251
+2%
|
282
+12%
|
277
-2%
|
254
-8%
|
249
-2%
|
209
-16%
|
213
+2%
|
256
+20%
|
263
+3%
|
284
+8%
|
300
+5%
|
306
+2%
|
339
+11%
|
389
+15%
|
444
+14%
|
485
+9%
|
534
+10%
|
514
-4%
|
527
+2%
|
504
-4%
|
421
-17%
|
422
+0%
|
404
-4%
|
374
-8%
|
408
+9%
|
404
-1%
|
397
-2%
|
459
+16%
|
452
-1%
|
483
+7%
|
480
-1%
|
522
+9%
|
557
+7%
|
575
+3%
|
629
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(265)
|
(271)
|
(323)
|
(317)
|
(293)
|
(225)
|
(219)
|
(226)
|
(227)
|
(243)
|
(238)
|
(230)
|
(235)
|
(236)
|
(239)
|
(234)
|
(242)
|
(270)
|
(275)
|
(296)
|
(325)
|
(337)
|
(340)
|
(334)
|
(317)
|
(308)
|
(297)
|
(290)
|
(278)
|
(266)
|
(251)
|
(248)
|
(262)
|
(326)
|
(1 125)
|
(1 155)
|
(1 159)
|
(398)
|
(412)
|
(439)
|
(478)
|
|
Selling, General & Administrative |
(267)
|
(156)
|
(261)
|
(253)
|
(227)
|
(125)
|
(204)
|
(216)
|
(220)
|
(152)
|
(226)
|
(215)
|
(219)
|
(156)
|
(223)
|
(220)
|
(178)
|
(188)
|
(186)
|
(199)
|
(246)
|
(210)
|
(223)
|
(211)
|
(206)
|
(194)
|
(208)
|
(209)
|
(222)
|
(239)
|
(257)
|
(251)
|
(254)
|
(270)
|
(265)
|
(286)
|
(291)
|
(312)
|
(321)
|
(337)
|
(356)
|
|
Research & Development |
0
|
(104)
|
0
|
0
|
0
|
(86)
|
0
|
0
|
0
|
(77)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
(79)
|
0
|
0
|
(61)
|
(91)
|
(100)
|
(126)
|
(124)
|
(107)
|
(119)
|
(110)
|
(101)
|
(62)
|
(71)
|
(79)
|
(80)
|
(89)
|
(108)
|
(119)
|
(133)
|
(133)
|
(153)
|
(160)
|
(164)
|
|
Depreciation & Amortization |
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
|
Other Operating Expenses |
2
|
(1)
|
(62)
|
(65)
|
(66)
|
(1)
|
(15)
|
(11)
|
(7)
|
(1)
|
(12)
|
(15)
|
(17)
|
(2)
|
(16)
|
(14)
|
(64)
|
8
|
(89)
|
(97)
|
(17)
|
10
|
(17)
|
3
|
12
|
26
|
30
|
30
|
45
|
66
|
77
|
82
|
73
|
61
|
(752)
|
(749)
|
(736)
|
70
|
63
|
59
|
43
|
|
Operating Income |
(1)
N/A
|
(104)
-12 850%
|
(169)
-63%
|
(168)
+0%
|
(130)
+23%
|
21
N/A
|
32
+55%
|
56
+74%
|
50
-11%
|
11
-79%
|
11
+3%
|
(21)
N/A
|
(22)
-4%
|
21
N/A
|
25
+20%
|
51
+107%
|
57
+13%
|
36
-37%
|
64
+77%
|
93
+46%
|
119
+28%
|
149
+25%
|
194
+31%
|
180
-7%
|
209
+16%
|
196
-6%
|
124
-37%
|
132
+6%
|
127
-4%
|
108
-15%
|
157
+46%
|
156
-1%
|
135
-13%
|
133
-1%
|
(672)
N/A
|
(672)
+0%
|
(680)
-1%
|
125
N/A
|
145
+16%
|
137
-6%
|
151
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(18)
|
(22)
|
(27)
|
(26)
|
(24)
|
(19)
|
(16)
|
(16)
|
(12)
|
(12)
|
(4)
|
(5)
|
(6)
|
(6)
|
(8)
|
11
|
7
|
(17)
|
20
|
11
|
17
|
9
|
(21)
|
(12)
|
46
|
26
|
9
|
(13)
|
(80)
|
(62)
|
(39)
|
(38)
|
(31)
|
(8)
|
(8)
|
2
|
27
|
43
|
34
|
52
|
30
|
|
Non-Reccuring Items |
0
|
(34)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
(1)
|
2
|
2
|
2
|
23
|
0
|
0
|
80
|
102
|
105
|
106
|
28
|
(2)
|
1
|
1
|
9
|
9
|
11
|
11
|
3
|
(804)
|
2
|
2
|
1
|
(5)
|
0
|
0
|
(0)
|
|
Gain/Loss on Disposition of Assets |
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(3)
|
(2)
|
(1)
|
5
|
(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 |
24
|
19
|
13
|
12
|
10
|
11
|
13
|
13
|
12
|
7
|
13
|
13
|
13
|
12
|
11
|
9
|
7
|
3
|
(3)
|
(2)
|
(2)
|
(5)
|
(2)
|
(2)
|
(2)
|
3
|
(1)
|
(3)
|
(5)
|
(1)
|
(3)
|
(5)
|
(4)
|
(7)
|
(8)
|
(3)
|
(4)
|
0
|
(7)
|
(8)
|
(3)
|
|
Pre-Tax Income |
4
N/A
|
(141)
N/A
|
(183)
-30%
|
(183)
0%
|
(144)
+21%
|
12
N/A
|
26
+122%
|
50
+91%
|
48
-4%
|
19
-61%
|
20
+3%
|
(13)
N/A
|
(15)
-17%
|
26
N/A
|
29
+13%
|
73
+150%
|
74
+1%
|
45
-39%
|
81
+80%
|
102
+25%
|
214
+110%
|
255
+19%
|
276
+8%
|
272
-1%
|
281
+3%
|
223
-21%
|
133
-40%
|
116
-13%
|
51
-56%
|
54
+6%
|
126
+134%
|
124
-2%
|
102
-17%
|
(686)
N/A
|
(687)
0%
|
(671)
+2%
|
(655)
+2%
|
163
N/A
|
173
+6%
|
180
+5%
|
178
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(4)
|
1
|
1
|
(3)
|
3
|
(0)
|
(1)
|
1
|
0
|
0
|
1
|
1
|
(1)
|
(2)
|
(3)
|
(4)
|
1
|
(3)
|
(9)
|
(18)
|
(26)
|
(32)
|
(39)
|
(57)
|
(51)
|
(47)
|
(45)
|
(34)
|
(51)
|
(56)
|
(64)
|
(63)
|
(37)
|
(35)
|
(23)
|
(18)
|
(29)
|
(27)
|
(30)
|
(27)
|
|
Income from Continuing Operations |
3
|
(145)
|
(182)
|
(183)
|
(148)
|
15
|
26
|
49
|
49
|
19
|
20
|
(12)
|
(14)
|
25
|
28
|
70
|
70
|
46
|
78
|
93
|
196
|
229
|
244
|
233
|
224
|
173
|
86
|
71
|
16
|
3
|
70
|
59
|
39
|
(723)
|
(721)
|
(694)
|
(673)
|
134
|
146
|
150
|
151
|
|
Income to Minority Interest |
2
|
10
|
10
|
9
|
7
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
3
|
6
|
(1)
|
(0)
|
2
|
(0)
|
7
|
(2)
|
(14)
|
(27)
|
(26)
|
(23)
|
(14)
|
4
|
3
|
6
|
15
|
11
|
17
|
21
|
18
|
14
|
5
|
(3)
|
1
|
(6)
|
(9)
|
(9)
|
|
Net Income (Common) |
4
N/A
|
(135)
N/A
|
(172)
-27%
|
(174)
-1%
|
(141)
+19%
|
14
N/A
|
25
+82%
|
49
+95%
|
49
-1%
|
19
-61%
|
19
+2%
|
(12)
N/A
|
(13)
-13%
|
28
N/A
|
33
+21%
|
69
+106%
|
69
+1%
|
47
-32%
|
78
+65%
|
100
+27%
|
193
+94%
|
215
+11%
|
217
+1%
|
207
-5%
|
201
-3%
|
159
-21%
|
90
-44%
|
74
-17%
|
23
-70%
|
18
-22%
|
82
+363%
|
76
-7%
|
60
-21%
|
(704)
N/A
|
(707)
0%
|
(690)
+2%
|
(676)
+2%
|
135
N/A
|
139
+3%
|
141
+1%
|
142
+1%
|
|
EPS (Diluted) |
0.01
N/A
|
-0.25
N/A
|
-0.32
-28%
|
-0.32
N/A
|
-0.26
+19%
|
0.03
N/A
|
0.05
+67%
|
0.09
+80%
|
0.09
N/A
|
0.04
-56%
|
0.03
-25%
|
-0.03
N/A
|
-0.03
N/A
|
0.05
N/A
|
0.06
+20%
|
0.13
+117%
|
0.13
N/A
|
0.07
-46%
|
0.1
+43%
|
0.15
+50%
|
0.28
+87%
|
0.3
+7%
|
0.31
+3%
|
0.29
-6%
|
0.28
-3%
|
0.22
-21%
|
0.13
-41%
|
0.11
-15%
|
0.04
-64%
|
0.02
-50%
|
0.12
+500%
|
0.11
-8%
|
0.09
-18%
|
-0.97
N/A
|
-0.86
+11%
|
-0.84
+2%
|
-0.83
+1%
|
0.17
N/A
|
0.17
N/A
|
0.17
N/A
|
0.18
+6%
|