Zhejiang Founder Motor Co Ltd
SZSE:002196
Income Statement
Earnings Waterfall
Zhejiang Founder Motor Co Ltd
Revenue
|
2.3B
CNY
|
Cost of Revenue
|
-2B
CNY
|
Gross Profit
|
303.1m
CNY
|
Operating Expenses
|
-539.4m
CNY
|
Operating Income
|
-236.2m
CNY
|
Other Expenses
|
9.7m
CNY
|
Net Income
|
-226.5m
CNY
|
Income Statement
Zhejiang Founder Motor 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 |
465
N/A
|
487
+5%
|
493
+1%
|
518
+5%
|
551
+6%
|
623
+13%
|
690
+11%
|
733
+6%
|
737
+1%
|
794
+8%
|
833
+5%
|
895
+7%
|
969
+8%
|
1 049
+8%
|
1 068
+2%
|
1 123
+5%
|
1 210
+8%
|
1 318
+9%
|
1 392
+6%
|
1 370
-2%
|
1 371
+0%
|
1 364
-1%
|
1 308
-4%
|
1 358
+4%
|
1 282
-6%
|
1 115
-13%
|
1 001
-10%
|
946
-6%
|
1 011
+7%
|
1 143
+13%
|
1 400
+22%
|
1 601
+14%
|
1 699
+6%
|
1 891
+11%
|
2 048
+8%
|
2 081
+2%
|
2 273
+9%
|
2 331
+3%
|
2 205
-5%
|
2 277
+3%
|
2 273
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(386)
|
(408)
|
(419)
|
(442)
|
(470)
|
(522)
|
(581)
|
(623)
|
(627)
|
(647)
|
(659)
|
(689)
|
(732)
|
(785)
|
(810)
|
(847)
|
(909)
|
(1 017)
|
(1 086)
|
(1 077)
|
(1 092)
|
(1 125)
|
(1 063)
|
(1 120)
|
(1 070)
|
(911)
|
(827)
|
(776)
|
(840)
|
(1 065)
|
(1 256)
|
(1 456)
|
(1 568)
|
(1 736)
|
(1 880)
|
(1 902)
|
(2 039)
|
(2 078)
|
(1 926)
|
(1 975)
|
(1 970)
|
|
Gross Profit |
79
N/A
|
79
+1%
|
74
-6%
|
77
+3%
|
81
+6%
|
100
+24%
|
109
+8%
|
110
+1%
|
109
-1%
|
147
+35%
|
174
+18%
|
206
+18%
|
237
+15%
|
265
+12%
|
258
-3%
|
277
+7%
|
301
+9%
|
301
+0%
|
306
+2%
|
293
-4%
|
279
-5%
|
239
-14%
|
245
+3%
|
238
-3%
|
211
-11%
|
204
-4%
|
175
-14%
|
170
-3%
|
171
+1%
|
78
-55%
|
143
+84%
|
144
+1%
|
131
-10%
|
155
+19%
|
168
+9%
|
180
+7%
|
234
+30%
|
253
+8%
|
279
+10%
|
302
+8%
|
303
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(66)
|
(73)
|
(73)
|
(77)
|
(82)
|
(95)
|
(96)
|
(98)
|
(94)
|
(90)
|
(102)
|
(107)
|
(122)
|
(145)
|
(147)
|
(144)
|
(154)
|
(165)
|
(184)
|
(195)
|
(200)
|
(202)
|
(661)
|
(677)
|
(660)
|
(181)
|
(185)
|
(189)
|
(217)
|
(303)
|
(759)
|
(768)
|
(802)
|
(261)
|
(284)
|
(301)
|
(295)
|
(424)
|
(620)
|
(606)
|
(539)
|
|
Selling, General & Administrative |
(65)
|
(55)
|
(69)
|
(72)
|
(78)
|
(72)
|
(92)
|
(98)
|
(93)
|
(63)
|
(109)
|
(111)
|
(126)
|
(110)
|
(129)
|
(136)
|
(133)
|
(158)
|
(157)
|
(160)
|
(161)
|
(125)
|
(135)
|
(125)
|
(118)
|
(102)
|
(109)
|
(116)
|
(121)
|
(169)
|
(172)
|
(169)
|
(190)
|
(141)
|
(163)
|
(175)
|
(160)
|
(237)
|
(243)
|
(237)
|
(239)
|
|
Research & Development |
0
|
(9)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(21)
|
(69)
|
(71)
|
(102)
|
(92)
|
(72)
|
(90)
|
(87)
|
(106)
|
(107)
|
(123)
|
(132)
|
(147)
|
(142)
|
(161)
|
(170)
|
(177)
|
(168)
|
(202)
|
(193)
|
(182)
|
|
Depreciation & Amortization |
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(1)
|
(4)
|
(4)
|
(4)
|
(1)
|
(4)
|
(0)
|
(0)
|
(2)
|
6
|
4
|
4
|
(1)
|
(18)
|
(7)
|
(4)
|
17
|
(27)
|
(36)
|
(19)
|
16
|
(456)
|
(450)
|
(450)
|
21
|
13
|
13
|
10
|
19
|
(464)
|
(468)
|
(464)
|
62
|
41
|
44
|
42
|
18
|
(176)
|
(176)
|
(118)
|
|
Operating Income |
13
N/A
|
6
-50%
|
2
-75%
|
0
-94%
|
(1)
N/A
|
6
N/A
|
13
+115%
|
12
-6%
|
16
+33%
|
58
+263%
|
72
+25%
|
99
+38%
|
115
+16%
|
120
+4%
|
111
-7%
|
133
+20%
|
147
+10%
|
137
-7%
|
122
-11%
|
98
-20%
|
79
-19%
|
36
-54%
|
(416)
N/A
|
(440)
-6%
|
(448)
-2%
|
23
N/A
|
(10)
N/A
|
(19)
-86%
|
(46)
-146%
|
(225)
-391%
|
(616)
-174%
|
(624)
-1%
|
(671)
-8%
|
(107)
+84%
|
(115)
-8%
|
(121)
-5%
|
(61)
+49%
|
(172)
-180%
|
(342)
-99%
|
(304)
+11%
|
(236)
+22%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(11)
|
(9)
|
(4)
|
(2)
|
(1)
|
(3)
|
0
|
6
|
10
|
8
|
8
|
5
|
19
|
17
|
11
|
8
|
52
|
48
|
52
|
55
|
(15)
|
(14)
|
(15)
|
(15)
|
(6)
|
(1)
|
(2)
|
(9)
|
(5)
|
(2)
|
(6)
|
2
|
9
|
(3)
|
8
|
10
|
9
|
13
|
11
|
6
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
1
|
0
|
0
|
(34)
|
(2)
|
(1)
|
(1)
|
(448)
|
2
|
3
|
3
|
3
|
3
|
1
|
1
|
(418)
|
(8)
|
(8)
|
20
|
89
|
112
|
113
|
83
|
(169)
|
(1)
|
(1)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
8
|
10
|
8
|
7
|
8
|
8
|
8
|
9
|
6
|
7
|
9
|
11
|
16
|
16
|
17
|
9
|
3
|
(2)
|
(18)
|
(13)
|
(14)
|
0
|
(8)
|
(8)
|
(8)
|
(0)
|
(1)
|
(1)
|
(6)
|
0
|
(3)
|
(3)
|
2
|
1
|
(1)
|
0
|
(2)
|
(3)
|
(3)
|
(3)
|
(1)
|
|
Pre-Tax Income |
6
N/A
|
6
-3%
|
1
-77%
|
4
+177%
|
4
+22%
|
12
+182%
|
18
+42%
|
21
+18%
|
28
+35%
|
74
+166%
|
89
+20%
|
118
+32%
|
136
+15%
|
144
+6%
|
146
+2%
|
154
+5%
|
158
+3%
|
153
-3%
|
150
-2%
|
135
-10%
|
120
-11%
|
(427)
N/A
|
(436)
-2%
|
(459)
-5%
|
(467)
-2%
|
19
N/A
|
(10)
N/A
|
(20)
-103%
|
(59)
-193%
|
(648)
-992%
|
(628)
+3%
|
(641)
-2%
|
(647)
-1%
|
(8)
+99%
|
(7)
+15%
|
(1)
+88%
|
30
N/A
|
(334)
N/A
|
(331)
+1%
|
(296)
+10%
|
(231)
+22%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
0
|
0
|
(0)
|
(2)
|
(4)
|
(4)
|
(5)
|
(11)
|
(14)
|
(16)
|
(19)
|
(25)
|
(23)
|
(26)
|
(25)
|
(21)
|
(21)
|
(15)
|
(17)
|
(18)
|
(17)
|
(20)
|
(18)
|
(2)
|
(1)
|
(1)
|
1
|
6
|
4
|
8
|
10
|
9
|
12
|
12
|
11
|
8
|
8
|
5
|
5
|
|
Income from Continuing Operations |
6
|
5
|
2
|
4
|
4
|
10
|
14
|
17
|
23
|
63
|
75
|
102
|
117
|
119
|
123
|
128
|
133
|
132
|
129
|
120
|
103
|
(445)
|
(453)
|
(480)
|
(485)
|
17
|
(11)
|
(21)
|
(59)
|
(642)
|
(624)
|
(633)
|
(637)
|
0
|
5
|
11
|
41
|
(326)
|
(323)
|
(291)
|
(226)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
3
|
3
|
1
|
(1)
|
(1)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
11
|
31
|
37
|
25
|
19
|
(0)
|
(4)
|
2
|
2
|
2
|
(0)
|
|
Net Income (Common) |
6
N/A
|
5
-13%
|
2
-70%
|
4
+138%
|
4
+16%
|
10
+132%
|
14
+37%
|
17
+19%
|
23
+38%
|
65
+183%
|
78
+19%
|
105
+35%
|
119
+13%
|
118
0%
|
122
+3%
|
126
+3%
|
133
+5%
|
132
0%
|
129
-2%
|
120
-7%
|
103
-14%
|
(444)
N/A
|
(453)
-2%
|
(479)
-6%
|
(485)
-1%
|
17
N/A
|
(11)
N/A
|
(21)
-95%
|
(58)
-184%
|
(637)
-993%
|
(613)
+4%
|
(602)
+2%
|
(600)
+0%
|
25
N/A
|
24
-3%
|
11
-55%
|
37
+239%
|
(323)
N/A
|
(321)
+1%
|
(289)
+10%
|
(226)
+22%
|
|
EPS (Diluted) |
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0.02
+100%
|
0.02
N/A
|
0.04
+100%
|
0.05
+25%
|
0.06
+20%
|
0.08
+33%
|
0.15
+88%
|
0.19
+27%
|
0.25
+32%
|
0.27
+8%
|
0.27
N/A
|
0.28
+4%
|
0.29
+4%
|
0.31
+7%
|
0.3
-3%
|
0.29
-3%
|
0.27
-7%
|
0.23
-15%
|
-1.01
N/A
|
-0.98
+3%
|
-1
-2%
|
-1.03
-3%
|
0.04
N/A
|
-0.02
N/A
|
-0.04
-100%
|
-0.13
-225%
|
-1.36
-946%
|
-1.31
+4%
|
-1.29
+2%
|
-1.28
+1%
|
0.05
N/A
|
0.05
N/A
|
0.02
-60%
|
0.08
+300%
|
-0.65
N/A
|
-0.64
+2%
|
-0.57
+11%
|
-0.45
+21%
|