Zhejiang Dahua Technology Co Ltd
SZSE:002236
Income Statement
Earnings Waterfall
Zhejiang Dahua Technology Co Ltd
Revenue
|
31.7B
CNY
|
Cost of Revenue
|
-18.8B
CNY
|
Gross Profit
|
12.9B
CNY
|
Operating Expenses
|
-10.3B
CNY
|
Operating Income
|
2.6B
CNY
|
Other Expenses
|
670.6m
CNY
|
Net Income
|
3.2B
CNY
|
Income Statement
Zhejiang Dahua Technology 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 |
4 597
N/A
|
5 410
+18%
|
5 767
+7%
|
6 422
+11%
|
6 799
+6%
|
7 332
+8%
|
7 390
+1%
|
7 758
+5%
|
8 514
+10%
|
10 078
+18%
|
10 658
+6%
|
11 559
+8%
|
12 217
+6%
|
13 329
+9%
|
14 195
+6%
|
15 844
+12%
|
17 084
+8%
|
18 844
+10%
|
19 814
+5%
|
21 194
+7%
|
22 152
+5%
|
23 666
+7%
|
24 396
+3%
|
24 659
+1%
|
25 064
+2%
|
26 149
+4%
|
25 304
-3%
|
25 182
0%
|
25 888
+3%
|
26 466
+2%
|
28 079
+6%
|
30 133
+7%
|
31 785
+5%
|
32 835
+3%
|
33 569
+2%
|
33 418
0%
|
32 522
-3%
|
30 565
-6%
|
30 733
+1%
|
31 112
+1%
|
31 672
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 642)
|
(3 097)
|
(3 362)
|
(3 909)
|
(4 208)
|
(4 537)
|
(4 676)
|
(4 850)
|
(5 310)
|
(6 329)
|
(6 751)
|
(7 310)
|
(7 705)
|
(8 304)
|
(8 897)
|
(9 885)
|
(10 658)
|
(11 678)
|
(12 395)
|
(13 500)
|
(14 231)
|
(14 895)
|
(15 580)
|
(15 279)
|
(15 195)
|
(15 436)
|
(14 632)
|
(14 226)
|
(14 775)
|
(15 294)
|
(16 598)
|
(18 183)
|
(19 230)
|
(20 102)
|
(20 769)
|
(21 112)
|
(20 692)
|
(19 086)
|
(19 086)
|
(18 776)
|
(18 783)
|
|
Gross Profit |
1 956
N/A
|
2 313
+18%
|
2 404
+4%
|
2 512
+4%
|
2 590
+3%
|
2 795
+8%
|
2 713
-3%
|
2 907
+7%
|
3 203
+10%
|
3 748
+17%
|
3 907
+4%
|
4 249
+9%
|
4 512
+6%
|
5 025
+11%
|
5 297
+5%
|
5 958
+12%
|
6 424
+8%
|
7 166
+12%
|
7 418
+4%
|
7 693
+4%
|
7 921
+3%
|
8 771
+11%
|
8 816
+1%
|
9 380
+6%
|
9 869
+5%
|
10 713
+9%
|
10 672
0%
|
10 956
+3%
|
11 113
+1%
|
11 172
+1%
|
11 482
+3%
|
11 950
+4%
|
12 555
+5%
|
12 733
+1%
|
12 800
+1%
|
12 305
-4%
|
11 830
-4%
|
11 479
-3%
|
11 647
+1%
|
12 336
+6%
|
12 889
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 136)
|
(1 409)
|
(1 469)
|
(1 547)
|
(1 709)
|
(1 899)
|
(1 907)
|
(2 059)
|
(2 271)
|
(2 641)
|
(2 770)
|
(2 963)
|
(3 252)
|
(3 688)
|
(3 726)
|
(3 976)
|
(4 134)
|
(4 331)
|
(4 455)
|
(4 754)
|
(5 169)
|
(6 105)
|
(6 173)
|
(6 643)
|
(6 959)
|
(7 193)
|
(7 197)
|
(7 270)
|
(7 349)
|
(7 807)
|
(7 979)
|
(8 406)
|
(8 789)
|
(9 007)
|
(9 000)
|
(8 843)
|
(8 935)
|
(9 927)
|
(10 152)
|
(10 499)
|
(10 338)
|
|
Selling, General & Administrative |
(1 079)
|
(889)
|
(1 370)
|
(1 446)
|
(1 618)
|
(1 086)
|
(1 819)
|
(1 964)
|
(2 151)
|
(1 653)
|
(2 579)
|
(2 752)
|
(3 020)
|
(2 203)
|
(3 784)
|
(4 170)
|
(4 076)
|
(3 202)
|
(3 883)
|
(4 154)
|
(4 377)
|
(4 441)
|
(4 635)
|
(4 527)
|
(4 759)
|
(5 202)
|
(5 260)
|
(5 311)
|
(5 377)
|
(5 704)
|
(5 791)
|
(6 224)
|
(6 496)
|
(6 343)
|
(6 478)
|
(6 227)
|
(6 213)
|
(6 760)
|
(6 925)
|
(7 126)
|
(7 077)
|
|
Research & Development |
0
|
(500)
|
0
|
0
|
0
|
(780)
|
0
|
0
|
0
|
(955)
|
0
|
0
|
0
|
(1 425)
|
0
|
0
|
(414)
|
(1 789)
|
0
|
0
|
(1 225)
|
(2 245)
|
(1 960)
|
(2 664)
|
(2 794)
|
(2 748)
|
(2 836)
|
(2 864)
|
(2 858)
|
(2 934)
|
(3 020)
|
(3 088)
|
(3 275)
|
(3 360)
|
(3 585)
|
(3 609)
|
(3 674)
|
(3 788)
|
(4 001)
|
(4 134)
|
(4 044)
|
|
Depreciation & Amortization |
0
|
(19)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(124)
|
0
|
0
|
0
|
(139)
|
0
|
0
|
0
|
(172)
|
0
|
0
|
0
|
(302)
|
0
|
0
|
0
|
(388)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(58)
|
(2)
|
(100)
|
(102)
|
(92)
|
(2)
|
(86)
|
(95)
|
(120)
|
5
|
(190)
|
(210)
|
(231)
|
(4)
|
58
|
196
|
356
|
728
|
(572)
|
(600)
|
431
|
705
|
421
|
546
|
594
|
897
|
898
|
904
|
884
|
1 003
|
830
|
905
|
982
|
998
|
1 063
|
993
|
952
|
1 009
|
774
|
761
|
783
|
|
Operating Income |
820
N/A
|
904
+10%
|
935
+3%
|
965
+3%
|
881
-9%
|
896
+2%
|
808
-10%
|
850
+5%
|
934
+10%
|
1 108
+19%
|
1 136
+3%
|
1 285
+13%
|
1 259
-2%
|
1 337
+6%
|
1 573
+18%
|
1 984
+26%
|
2 293
+16%
|
2 835
+24%
|
2 963
+5%
|
2 939
-1%
|
2 750
-6%
|
2 666
-3%
|
2 642
-1%
|
2 736
+4%
|
2 910
+6%
|
3 521
+21%
|
3 475
-1%
|
3 685
+6%
|
3 763
+2%
|
3 365
-11%
|
3 502
+4%
|
3 544
+1%
|
3 766
+6%
|
3 726
-1%
|
3 800
+2%
|
3 463
-9%
|
2 895
-16%
|
1 552
-46%
|
1 495
-4%
|
1 837
+23%
|
2 551
+39%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
21
|
34
|
42
|
42
|
34
|
32
|
33
|
41
|
85
|
94
|
83
|
112
|
72
|
94
|
79
|
(8)
|
(84)
|
(189)
|
(308)
|
(174)
|
5
|
33
|
41
|
73
|
62
|
37
|
48
|
(3)
|
805
|
(245)
|
830
|
770
|
(156)
|
(303)
|
(442)
|
8
|
(51)
|
92
|
960
|
1 042
|
880
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(14)
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
1 136
|
1
|
33
|
33
|
48
|
33
|
2
|
3
|
635
|
4
|
4
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(9)
|
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 |
181
|
187
|
227
|
242
|
311
|
325
|
288
|
344
|
318
|
376
|
490
|
462
|
510
|
579
|
424
|
353
|
234
|
19
|
10
|
(2)
|
11
|
74
|
78
|
77
|
60
|
2
|
(9)
|
(11)
|
(13)
|
(7)
|
(2)
|
(1)
|
(6)
|
(2)
|
(3)
|
(3)
|
4
|
7
|
8
|
10
|
5
|
|
Pre-Tax Income |
1 023
N/A
|
1 125
+10%
|
1 203
+7%
|
1 248
+4%
|
1 225
-2%
|
1 253
+2%
|
1 128
-10%
|
1 233
+9%
|
1 336
+8%
|
1 578
+18%
|
1 709
+8%
|
1 860
+9%
|
1 841
-1%
|
2 012
+9%
|
2 076
+3%
|
2 329
+12%
|
2 443
+5%
|
2 642
+8%
|
2 666
+1%
|
2 764
+4%
|
2 767
+0%
|
2 773
+0%
|
2 762
0%
|
2 887
+5%
|
3 033
+5%
|
3 499
+15%
|
3 514
+0%
|
3 671
+4%
|
4 554
+24%
|
4 249
-7%
|
4 330
+2%
|
4 345
+0%
|
3 638
-16%
|
3 470
-5%
|
3 389
-2%
|
3 469
+2%
|
2 852
-18%
|
2 287
-20%
|
2 468
+8%
|
2 892
+17%
|
3 438
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(86)
|
5
|
(14)
|
3
|
15
|
(109)
|
(82)
|
(133)
|
(158)
|
(197)
|
(218)
|
(232)
|
(155)
|
(202)
|
(204)
|
(249)
|
(253)
|
(265)
|
(268)
|
(278)
|
(258)
|
(179)
|
(158)
|
(175)
|
(183)
|
(338)
|
(349)
|
(344)
|
(406)
|
(314)
|
(344)
|
(105)
|
(109)
|
(58)
|
7
|
(190)
|
(146)
|
(25)
|
(57)
|
(134)
|
(175)
|
|
Income from Continuing Operations |
935
|
1 130
|
1 189
|
1 251
|
1 241
|
1 144
|
1 046
|
1 101
|
1 179
|
1 381
|
1 492
|
1 628
|
1 686
|
1 810
|
1 872
|
2 080
|
2 189
|
2 377
|
2 397
|
2 485
|
2 508
|
2 595
|
2 602
|
2 709
|
2 848
|
3 161
|
3 164
|
3 327
|
4 149
|
3 935
|
3 987
|
4 241
|
3 528
|
3 412
|
3 396
|
3 279
|
2 706
|
2 262
|
2 411
|
2 759
|
3 263
|
|
Income to Minority Interest |
2
|
1
|
0
|
0
|
(1)
|
(2)
|
(1)
|
0
|
2
|
(9)
|
(7)
|
(9)
|
(5)
|
15
|
26
|
19
|
11
|
2
|
(11)
|
(9)
|
(12)
|
(65)
|
(54)
|
(25)
|
(6)
|
27
|
25
|
(9)
|
(14)
|
(32)
|
(54)
|
(63)
|
(51)
|
(33)
|
(10)
|
(24)
|
(33)
|
63
|
54
|
22
|
(42)
|
|
Net Income (Common) |
939
N/A
|
1 131
+20%
|
1 191
+5%
|
1 252
+5%
|
1 240
-1%
|
1 143
-8%
|
1 044
-9%
|
1 099
+5%
|
1 178
+7%
|
1 372
+16%
|
1 483
+8%
|
1 618
+9%
|
1 681
+4%
|
1 825
+9%
|
1 898
+4%
|
2 099
+11%
|
2 200
+5%
|
2 379
+8%
|
2 387
+0%
|
2 477
+4%
|
2 498
+1%
|
2 529
+1%
|
2 550
+1%
|
2 687
+5%
|
2 843
+6%
|
3 188
+12%
|
3 190
+0%
|
3 318
+4%
|
4 136
+25%
|
3 903
-6%
|
3 933
+1%
|
4 178
+6%
|
3 477
-17%
|
3 378
-3%
|
3 386
+0%
|
3 255
-4%
|
2 672
-18%
|
2 324
-13%
|
2 464
+6%
|
2 781
+13%
|
3 221
+16%
|
|
EPS (Diluted) |
0.34
N/A
|
0.4
+18%
|
0.42
+5%
|
0.43
+2%
|
0.42
-2%
|
0.39
-7%
|
0.35
-10%
|
0.37
+6%
|
0.4
+8%
|
0.47
+18%
|
0.5
+6%
|
0.55
+10%
|
0.57
+4%
|
0.63
+11%
|
0.65
+3%
|
0.72
+11%
|
0.76
+6%
|
0.82
+8%
|
0.82
N/A
|
0.85
+4%
|
0.86
+1%
|
0.87
+1%
|
0.85
-2%
|
0.93
+9%
|
0.98
+5%
|
1.1
+12%
|
1.06
-4%
|
1.17
+10%
|
1.42
+21%
|
1.33
-6%
|
1.31
-2%
|
1.44
+10%
|
1.12
-22%
|
1.15
+3%
|
1.15
N/A
|
1.1
-4%
|
0.91
-17%
|
0.79
-13%
|
0.84
+6%
|
0.83
-1%
|
1.03
+24%
|