Shenzhen Sunlord Electronics Co Ltd
SZSE:002138
Income Statement
Earnings Waterfall
Shenzhen Sunlord Electronics Co Ltd
Revenue
|
5B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
1.7B
CNY
|
Operating Expenses
|
-782.3m
CNY
|
Operating Income
|
933.4m
CNY
|
Other Expenses
|
-292.9m
CNY
|
Net Income
|
640.5m
CNY
|
Income Statement
Shenzhen Sunlord Electronics 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 |
1 020
N/A
|
1 066
+5%
|
1 108
+4%
|
1 150
+4%
|
1 163
+1%
|
1 171
+1%
|
1 194
+2%
|
1 223
+2%
|
1 319
+8%
|
1 394
+6%
|
1 490
+7%
|
1 606
+8%
|
1 736
+8%
|
1 760
+1%
|
1 800
+2%
|
1 898
+5%
|
1 988
+5%
|
2 120
+7%
|
2 303
+9%
|
2 347
+2%
|
2 362
+1%
|
2 415
+2%
|
2 450
+1%
|
2 544
+4%
|
2 693
+6%
|
2 751
+2%
|
2 918
+6%
|
3 217
+10%
|
3 477
+8%
|
3 930
+13%
|
4 346
+11%
|
4 498
+4%
|
4 577
+2%
|
4 529
-1%
|
4 402
-3%
|
4 282
-3%
|
4 238
-1%
|
4 255
+0%
|
4 434
+4%
|
4 733
+7%
|
5 040
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(686)
|
(710)
|
(718)
|
(747)
|
(744)
|
(750)
|
(769)
|
(786)
|
(841)
|
(879)
|
(939)
|
(1 009)
|
(1 093)
|
(1 125)
|
(1 146)
|
(1 237)
|
(1 319)
|
(1 463)
|
(1 590)
|
(1 595)
|
(1 565)
|
(1 607)
|
(1 629)
|
(1 713)
|
(1 794)
|
(1 827)
|
(1 914)
|
(2 096)
|
(2 259)
|
(2 536)
|
(2 799)
|
(2 889)
|
(2 999)
|
(2 984)
|
(2 957)
|
(2 926)
|
(2 921)
|
(2 945)
|
(3 050)
|
(3 202)
|
(3 325)
|
|
Gross Profit |
334
N/A
|
356
+7%
|
390
+9%
|
403
+3%
|
419
+4%
|
421
+1%
|
425
+1%
|
438
+3%
|
478
+9%
|
515
+8%
|
552
+7%
|
597
+8%
|
644
+8%
|
635
-1%
|
654
+3%
|
662
+1%
|
668
+1%
|
657
-2%
|
713
+9%
|
752
+5%
|
798
+6%
|
808
+1%
|
821
+2%
|
831
+1%
|
900
+8%
|
924
+3%
|
1 004
+9%
|
1 121
+12%
|
1 218
+9%
|
1 394
+14%
|
1 547
+11%
|
1 610
+4%
|
1 578
-2%
|
1 545
-2%
|
1 445
-6%
|
1 356
-6%
|
1 318
-3%
|
1 310
-1%
|
1 384
+6%
|
1 531
+11%
|
1 716
+12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(167)
|
(172)
|
(179)
|
(185)
|
(193)
|
(187)
|
(188)
|
(190)
|
(199)
|
(199)
|
(211)
|
(225)
|
(263)
|
(263)
|
(273)
|
(286)
|
(253)
|
(301)
|
(321)
|
(313)
|
(344)
|
(341)
|
(352)
|
(389)
|
(419)
|
(427)
|
(452)
|
(475)
|
(466)
|
(521)
|
(563)
|
(594)
|
(573)
|
(533)
|
(534)
|
(535)
|
(673)
|
(763)
|
(789)
|
(788)
|
(782)
|
|
Selling, General & Administrative |
(158)
|
(164)
|
(171)
|
(173)
|
(125)
|
(178)
|
(180)
|
(184)
|
(105)
|
(192)
|
(204)
|
(217)
|
(149)
|
(259)
|
(278)
|
(267)
|
(191)
|
(288)
|
(297)
|
(289)
|
(226)
|
(247)
|
(220)
|
(240)
|
(234)
|
(235)
|
(248)
|
(262)
|
(271)
|
(286)
|
(306)
|
(315)
|
(319)
|
(307)
|
(287)
|
(270)
|
(357)
|
(360)
|
(406)
|
(417)
|
(415)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(96)
|
0
|
0
|
(28)
|
(140)
|
0
|
0
|
(36)
|
(123)
|
(110)
|
(157)
|
(176)
|
(184)
|
(204)
|
(218)
|
(228)
|
(230)
|
(278)
|
(290)
|
(322)
|
(328)
|
(323)
|
(341)
|
(334)
|
(327)
|
(385)
|
(392)
|
(395)
|
(354)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(92)
|
|
Other Operating Expenses |
(9)
|
(7)
|
(8)
|
(11)
|
(3)
|
(9)
|
(9)
|
(6)
|
(3)
|
(7)
|
(7)
|
(8)
|
(3)
|
(5)
|
4
|
8
|
97
|
(13)
|
(24)
|
12
|
33
|
17
|
26
|
27
|
35
|
13
|
14
|
14
|
77
|
43
|
33
|
44
|
114
|
98
|
93
|
68
|
84
|
(18)
|
9
|
24
|
79
|
|
Operating Income |
168
N/A
|
184
+10%
|
211
+14%
|
219
+4%
|
226
+3%
|
234
+4%
|
237
+1%
|
248
+5%
|
279
+12%
|
316
+13%
|
341
+8%
|
372
+9%
|
381
+2%
|
372
-2%
|
381
+2%
|
375
-1%
|
416
+11%
|
356
-14%
|
392
+10%
|
439
+12%
|
453
+3%
|
468
+3%
|
469
+0%
|
441
-6%
|
481
+9%
|
498
+4%
|
552
+11%
|
645
+17%
|
751
+16%
|
873
+16%
|
984
+13%
|
1 016
+3%
|
1 004
-1%
|
1 013
+1%
|
911
-10%
|
820
-10%
|
644
-21%
|
547
-15%
|
595
+9%
|
743
+25%
|
933
+26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(10)
|
(13)
|
(15)
|
(11)
|
(7)
|
(8)
|
(8)
|
(12)
|
(11)
|
(17)
|
(18)
|
(18)
|
(12)
|
(17)
|
11
|
6
|
(31)
|
71
|
64
|
83
|
46
|
17
|
(3)
|
(15)
|
(19)
|
(24)
|
(30)
|
(44)
|
(52)
|
(61)
|
(70)
|
(68)
|
(60)
|
(69)
|
(54)
|
(43)
|
(62)
|
(68)
|
(71)
|
(91)
|
(75)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(10)
|
(4)
|
0
|
0
|
(5)
|
(0)
|
0
|
(0)
|
(4)
|
4
|
6
|
5
|
(20)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
2
|
4
|
14
|
17
|
20
|
19
|
12
|
18
|
23
|
24
|
22
|
17
|
23
|
24
|
23
|
20
|
1
|
(0)
|
(2)
|
(4)
|
59
|
55
|
54
|
52
|
(1)
|
(7)
|
(6)
|
(5)
|
(3)
|
(4)
|
(4)
|
(5)
|
(0)
|
(5)
|
(5)
|
(6)
|
(1)
|
(6)
|
(5)
|
(6)
|
1
|
|
Pre-Tax Income |
160
N/A
|
175
+9%
|
211
+21%
|
225
+7%
|
238
+6%
|
245
+3%
|
241
-2%
|
253
+5%
|
290
+14%
|
322
+11%
|
343
+7%
|
369
+8%
|
390
+6%
|
378
-3%
|
414
+9%
|
401
-3%
|
384
-4%
|
426
+11%
|
453
+6%
|
517
+14%
|
555
+7%
|
540
-3%
|
519
-4%
|
479
-8%
|
457
-5%
|
467
+2%
|
512
+10%
|
591
+15%
|
687
+16%
|
804
+17%
|
911
+13%
|
944
+4%
|
939
0%
|
939
+0%
|
851
-9%
|
771
-9%
|
577
-25%
|
477
-17%
|
525
+10%
|
652
+24%
|
840
+29%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(12)
|
(25)
|
(26)
|
(27)
|
(29)
|
(16)
|
(16)
|
(28)
|
(32)
|
(25)
|
(30)
|
(32)
|
(31)
|
(54)
|
(52)
|
(40)
|
(44)
|
(56)
|
(67)
|
(72)
|
(74)
|
(67)
|
(60)
|
(52)
|
(54)
|
(63)
|
(77)
|
(89)
|
(103)
|
(120)
|
(107)
|
(89)
|
(88)
|
(79)
|
(64)
|
(52)
|
(49)
|
(57)
|
(85)
|
(100)
|
|
Income from Continuing Operations |
150
|
163
|
186
|
198
|
211
|
217
|
224
|
238
|
262
|
290
|
318
|
340
|
358
|
347
|
359
|
349
|
344
|
383
|
398
|
450
|
483
|
465
|
452
|
419
|
406
|
413
|
449
|
514
|
597
|
701
|
790
|
836
|
850
|
851
|
772
|
707
|
525
|
428
|
468
|
567
|
740
|
|
Income to Minority Interest |
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(1)
|
0
|
(2)
|
(9)
|
(16)
|
(33)
|
(52)
|
(65)
|
(94)
|
(105)
|
(118)
|
(92)
|
(77)
|
(73)
|
(64)
|
(99)
|
|
Net Income (Common) |
151
N/A
|
164
+9%
|
187
+14%
|
200
+7%
|
213
+6%
|
219
+3%
|
226
+3%
|
239
+6%
|
263
+10%
|
292
+11%
|
320
+10%
|
341
+7%
|
359
+5%
|
348
-3%
|
358
+3%
|
346
-3%
|
341
-1%
|
378
+11%
|
394
+4%
|
446
+13%
|
479
+7%
|
461
-4%
|
447
-3%
|
414
-7%
|
402
-3%
|
412
+3%
|
449
+9%
|
512
+14%
|
589
+15%
|
685
+16%
|
757
+11%
|
784
+4%
|
785
+0%
|
756
-4%
|
667
-12%
|
589
-12%
|
433
-27%
|
351
-19%
|
395
+13%
|
503
+27%
|
641
+27%
|
|
EPS (Diluted) |
0.22
N/A
|
0.24
+9%
|
0.27
+13%
|
0.28
+4%
|
0.29
+4%
|
0.29
N/A
|
0.2
-31%
|
0.32
+60%
|
0.36
+13%
|
0.39
+8%
|
0.43
+10%
|
0.46
+7%
|
0.48
+4%
|
0.47
-2%
|
0.48
+2%
|
0.46
-4%
|
0.42
-9%
|
0.48
+14%
|
0.49
+2%
|
0.55
+12%
|
0.59
+7%
|
0.56
-5%
|
0.55
-2%
|
0.51
-7%
|
0.5
-2%
|
0.52
+4%
|
0.56
+8%
|
0.63
+13%
|
0.73
+16%
|
0.85
+16%
|
0.94
+11%
|
0.98
+4%
|
0.98
N/A
|
0.94
-4%
|
0.86
-9%
|
0.74
-14%
|
0.55
-26%
|
0.44
-20%
|
0.49
+11%
|
0.63
+29%
|
0.81
+29%
|