SZZT Electronics Co Ltd
SZSE:002197
Income Statement
Earnings Waterfall
SZZT Electronics Co Ltd
Revenue
|
1.4B
CNY
|
Cost of Revenue
|
-1.2B
CNY
|
Gross Profit
|
292.7m
CNY
|
Operating Expenses
|
-680.1m
CNY
|
Operating Income
|
-387.4m
CNY
|
Other Expenses
|
-137.4m
CNY
|
Net Income
|
-524.8m
CNY
|
Income Statement
SZZT Electronics 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 |
624
N/A
|
790
+27%
|
813
+3%
|
849
+4%
|
854
+1%
|
966
+13%
|
978
+1%
|
972
-1%
|
963
-1%
|
1 127
+17%
|
1 208
+7%
|
1 403
+16%
|
1 577
+12%
|
1 796
+14%
|
1 941
+8%
|
1 951
+1%
|
1 951
0%
|
1 683
-14%
|
1 600
-5%
|
1 575
-2%
|
1 544
-2%
|
1 332
-14%
|
1 299
-3%
|
1 247
-4%
|
1 175
-6%
|
1 340
+14%
|
1 325
-1%
|
1 270
-4%
|
1 223
-4%
|
1 329
+9%
|
1 345
+1%
|
1 367
+2%
|
1 420
+4%
|
1 255
-12%
|
1 283
+2%
|
1 296
+1%
|
1 296
+0%
|
1 225
-5%
|
1 244
+2%
|
1 299
+4%
|
1 449
+11%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(398)
|
(534)
|
(561)
|
(595)
|
(610)
|
(686)
|
(700)
|
(680)
|
(671)
|
(783)
|
(834)
|
(997)
|
(1 137)
|
(1 377)
|
(1 518)
|
(1 511)
|
(1 512)
|
(1 261)
|
(1 159)
|
(1 146)
|
(1 130)
|
(1 147)
|
(1 023)
|
(971)
|
(917)
|
(939)
|
(926)
|
(870)
|
(837)
|
(905)
|
(918)
|
(955)
|
(960)
|
(839)
|
(858)
|
(876)
|
(890)
|
(998)
|
(980)
|
(1 020)
|
(1 156)
|
|
Gross Profit |
227
N/A
|
256
+13%
|
252
-2%
|
253
+1%
|
245
-3%
|
281
+15%
|
278
-1%
|
292
+5%
|
292
+0%
|
345
+18%
|
374
+9%
|
406
+8%
|
440
+8%
|
419
-5%
|
424
+1%
|
441
+4%
|
439
0%
|
422
-4%
|
442
+5%
|
428
-3%
|
414
-3%
|
186
-55%
|
275
+48%
|
276
+0%
|
258
-7%
|
401
+55%
|
399
0%
|
400
+0%
|
386
-4%
|
424
+10%
|
427
+1%
|
413
-3%
|
461
+12%
|
416
-10%
|
425
+2%
|
420
-1%
|
405
-3%
|
227
-44%
|
264
+16%
|
279
+6%
|
293
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(166)
|
(178)
|
(174)
|
(181)
|
(177)
|
(205)
|
(206)
|
(217)
|
(230)
|
(240)
|
(251)
|
(269)
|
(301)
|
(328)
|
(343)
|
(369)
|
(357)
|
(359)
|
(355)
|
(333)
|
(323)
|
(428)
|
(499)
|
(486)
|
(487)
|
(355)
|
(317)
|
(350)
|
(329)
|
(331)
|
(317)
|
(302)
|
(344)
|
(322)
|
(307)
|
(319)
|
(316)
|
(630)
|
(684)
|
(680)
|
(680)
|
|
Selling, General & Administrative |
(155)
|
(136)
|
(167)
|
(178)
|
(174)
|
(156)
|
(187)
|
(195)
|
(207)
|
(180)
|
(223)
|
(241)
|
(271)
|
(244)
|
(293)
|
(321)
|
(315)
|
(265)
|
(298)
|
(276)
|
(251)
|
(308)
|
(243)
|
(207)
|
(213)
|
(273)
|
(298)
|
(315)
|
(299)
|
(220)
|
(261)
|
(237)
|
(269)
|
(222)
|
(243)
|
(246)
|
(245)
|
(521)
|
(546)
|
(557)
|
(557)
|
|
Research & Development |
0
|
(32)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(50)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(75)
|
0
|
0
|
(23)
|
(82)
|
(58)
|
(82)
|
(74)
|
(68)
|
(79)
|
(75)
|
(78)
|
(73)
|
(87)
|
(89)
|
(93)
|
(70)
|
(86)
|
(90)
|
(96)
|
(84)
|
(95)
|
(91)
|
(86)
|
|
Depreciation & Amortization |
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(11)
|
(1)
|
(7)
|
(4)
|
(2)
|
(1)
|
(19)
|
(22)
|
(23)
|
(2)
|
(29)
|
(29)
|
(31)
|
(4)
|
(50)
|
(47)
|
(41)
|
(0)
|
(56)
|
(57)
|
(50)
|
1
|
(198)
|
(198)
|
(203)
|
22
|
60
|
40
|
48
|
16
|
31
|
23
|
19
|
22
|
23
|
18
|
25
|
31
|
(43)
|
(32)
|
(38)
|
|
Operating Income |
60
N/A
|
78
+29%
|
78
+0%
|
72
-8%
|
68
-5%
|
76
+11%
|
72
-5%
|
75
+3%
|
62
-17%
|
105
+69%
|
123
+18%
|
136
+11%
|
139
+2%
|
90
-35%
|
80
-11%
|
72
-10%
|
83
+14%
|
63
-24%
|
87
+39%
|
95
+10%
|
91
-5%
|
(242)
N/A
|
(224)
+7%
|
(210)
+6%
|
(230)
-9%
|
46
N/A
|
82
+78%
|
51
-38%
|
57
+12%
|
92
+63%
|
110
+20%
|
111
+0%
|
117
+6%
|
94
-20%
|
118
+26%
|
101
-14%
|
89
-12%
|
(403)
N/A
|
(419)
-4%
|
(401)
+4%
|
(387)
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(23)
|
(23)
|
(20)
|
(12)
|
(11)
|
(8)
|
(9)
|
(18)
|
(15)
|
(20)
|
(30)
|
(42)
|
(43)
|
(36)
|
(35)
|
(17)
|
(34)
|
(29)
|
(56)
|
(49)
|
(55)
|
(57)
|
(47)
|
(72)
|
(65)
|
(61)
|
(67)
|
(71)
|
(68)
|
(75)
|
(96)
|
(100)
|
(112)
|
(67)
|
(79)
|
(64)
|
(49)
|
(121)
|
(131)
|
(147)
|
(153)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
26
|
0
|
0
|
11
|
30
|
0
|
26
|
14
|
(4)
|
(1)
|
3
|
9
|
(0)
|
5
|
5
|
(0)
|
(53)
|
(16)
|
(16)
|
(17)
|
|
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 |
10
|
8
|
5
|
6
|
8
|
7
|
8
|
11
|
9
|
8
|
8
|
6
|
7
|
8
|
8
|
3
|
(2)
|
4
|
4
|
6
|
8
|
(17)
|
(18)
|
(23)
|
(25)
|
(8)
|
(10)
|
(5)
|
0
|
4
|
3
|
4
|
1
|
(1)
|
(9)
|
(9)
|
(11)
|
(2)
|
(4)
|
(3)
|
(2)
|
|
Pre-Tax Income |
47
N/A
|
63
+34%
|
64
+1%
|
66
+3%
|
65
0%
|
75
+15%
|
71
-5%
|
68
-5%
|
56
-17%
|
94
+67%
|
102
+9%
|
100
-2%
|
103
+2%
|
62
-40%
|
53
-14%
|
58
+10%
|
47
-19%
|
37
-22%
|
35
-4%
|
52
+48%
|
44
-15%
|
(289)
N/A
|
(288)
+0%
|
(304)
-5%
|
(309)
-2%
|
7
N/A
|
5
-30%
|
0
-91%
|
3
+675%
|
16
+419%
|
16
-1%
|
18
+10%
|
14
-22%
|
25
+81%
|
35
+41%
|
34
-5%
|
30
-12%
|
(579)
N/A
|
(570)
+1%
|
(567)
+1%
|
(559)
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(8)
|
(8)
|
(9)
|
(9)
|
(12)
|
(12)
|
(12)
|
(10)
|
(12)
|
(16)
|
(17)
|
(19)
|
(12)
|
(8)
|
(12)
|
(9)
|
(7)
|
(8)
|
(1)
|
(6)
|
35
|
36
|
34
|
39
|
8
|
9
|
9
|
9
|
(5)
|
(5)
|
(4)
|
(4)
|
1
|
1
|
0
|
1
|
35
|
35
|
35
|
36
|
|
Income from Continuing Operations |
42
|
55
|
56
|
56
|
57
|
63
|
59
|
56
|
46
|
82
|
86
|
83
|
84
|
50
|
45
|
46
|
38
|
29
|
28
|
51
|
39
|
(254)
|
(252)
|
(270)
|
(270)
|
15
|
13
|
9
|
12
|
12
|
12
|
14
|
10
|
26
|
36
|
34
|
30
|
(544)
|
(535)
|
(532)
|
(523)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(0)
|
(4)
|
(1)
|
(1)
|
4
|
11
|
4
|
8
|
14
|
15
|
19
|
18
|
13
|
11
|
7
|
7
|
5
|
1
|
5
|
3
|
7
|
7
|
10
|
13
|
12
|
10
|
6
|
(2)
|
5
|
1
|
(2)
|
(1)
|
|
Net Income (Common) |
42
N/A
|
55
+31%
|
56
+1%
|
57
+2%
|
57
+0%
|
63
+10%
|
60
-5%
|
57
-5%
|
47
-17%
|
82
+75%
|
82
+0%
|
82
N/A
|
83
+1%
|
54
-34%
|
56
+2%
|
51
-9%
|
46
-10%
|
43
-6%
|
42
-2%
|
71
+67%
|
56
-20%
|
(241)
N/A
|
(241)
N/A
|
(262)
-9%
|
(263)
0%
|
20
N/A
|
14
-32%
|
14
+1%
|
15
+8%
|
18
+21%
|
19
+4%
|
24
+26%
|
24
0%
|
38
+59%
|
46
+21%
|
40
-14%
|
29
-27%
|
(538)
N/A
|
(534)
+1%
|
(534)
+0%
|
(525)
+2%
|
|
EPS (Diluted) |
0.13
N/A
|
0.16
+23%
|
0.17
+6%
|
0.11
-35%
|
0.14
+27%
|
0.15
+7%
|
0.14
-7%
|
0.17
+21%
|
0.12
-29%
|
0.21
+75%
|
0.22
+5%
|
0.22
N/A
|
0.19
-14%
|
0.1
-47%
|
0.11
+10%
|
0.09
-18%
|
0.07
-22%
|
0.08
+14%
|
0.08
N/A
|
0.14
+75%
|
0.12
-14%
|
-0.47
N/A
|
-0.46
+2%
|
-0.5
-9%
|
-0.51
-2%
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.05
+25%
|
0.06
+20%
|
0.05
-17%
|
0.07
+40%
|
0.08
+14%
|
0.07
-13%
|
0.05
-29%
|
-0.88
N/A
|
-0.87
+1%
|
-0.87
N/A
|
-0.85
+2%
|