Zhejiang Asia-Pacific Mechanical & Electronic Co Ltd
SZSE:002284
Income Statement
Earnings Waterfall
Zhejiang Asia-Pacific Mechanical & Electronic Co Ltd
Revenue
|
3.8B
CNY
|
Cost of Revenue
|
-3.2B
CNY
|
Gross Profit
|
592.2m
CNY
|
Operating Expenses
|
-476.3m
CNY
|
Operating Income
|
115.9m
CNY
|
Other Expenses
|
8.6m
CNY
|
Net Income
|
124.6m
CNY
|
Income Statement
Zhejiang Asia-Pacific Mechanical & Electronic 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 |
2 538
N/A
|
2 719
+7%
|
2 911
+7%
|
3 086
+6%
|
3 186
+3%
|
3 279
+3%
|
3 319
+1%
|
3 304
0%
|
3 124
-5%
|
3 060
-2%
|
3 061
+0%
|
3 021
-1%
|
3 244
+7%
|
3 419
+5%
|
3 599
+5%
|
3 686
+2%
|
3 757
+2%
|
3 964
+6%
|
4 023
+1%
|
4 141
+3%
|
4 106
-1%
|
3 905
-5%
|
3 701
-5%
|
3 387
-8%
|
3 247
-4%
|
3 184
-2%
|
2 818
-11%
|
2 761
-2%
|
2 900
+5%
|
2 921
+1%
|
3 287
+13%
|
3 468
+5%
|
3 487
+1%
|
3 631
+4%
|
3 708
+2%
|
3 587
-3%
|
3 742
+4%
|
3 750
+0%
|
3 669
-2%
|
3 809
+4%
|
3 820
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 124)
|
(2 269)
|
(2 442)
|
(2 589)
|
(2 659)
|
(2 740)
|
(2 767)
|
(2 750)
|
(2 610)
|
(2 560)
|
(2 558)
|
(2 513)
|
(2 696)
|
(2 844)
|
(2 993)
|
(3 113)
|
(3 182)
|
(3 394)
|
(3 505)
|
(3 606)
|
(3 589)
|
(3 417)
|
(3 246)
|
(2 993)
|
(2 876)
|
(2 794)
|
(2 460)
|
(2 402)
|
(2 517)
|
(2 555)
|
(2 876)
|
(3 018)
|
(3 046)
|
(3 145)
|
(3 230)
|
(3 129)
|
(3 269)
|
(3 245)
|
(3 165)
|
(3 251)
|
(3 228)
|
|
Gross Profit |
413
N/A
|
449
+9%
|
469
+4%
|
497
+6%
|
527
+6%
|
539
+2%
|
552
+2%
|
554
+0%
|
514
-7%
|
499
-3%
|
504
+1%
|
508
+1%
|
548
+8%
|
575
+5%
|
606
+5%
|
573
-5%
|
575
+0%
|
570
-1%
|
518
-9%
|
535
+3%
|
517
-3%
|
487
-6%
|
455
-7%
|
394
-13%
|
371
-6%
|
389
+5%
|
359
-8%
|
359
+0%
|
383
+7%
|
366
-4%
|
411
+12%
|
450
+9%
|
441
-2%
|
486
+10%
|
478
-2%
|
458
-4%
|
473
+3%
|
504
+7%
|
504
+0%
|
558
+11%
|
592
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(266)
|
(278)
|
(292)
|
(303)
|
(323)
|
(327)
|
(332)
|
(339)
|
(329)
|
(347)
|
(361)
|
(362)
|
(392)
|
(420)
|
(443)
|
(434)
|
(445)
|
(425)
|
(392)
|
(419)
|
(403)
|
(416)
|
(413)
|
(408)
|
(415)
|
(441)
|
(437)
|
(422)
|
(416)
|
(351)
|
(339)
|
(339)
|
(338)
|
(437)
|
(411)
|
(418)
|
(436)
|
(450)
|
(435)
|
(468)
|
(476)
|
|
Selling, General & Administrative |
(253)
|
(183)
|
(282)
|
(290)
|
(309)
|
(216)
|
(320)
|
(327)
|
(329)
|
(217)
|
(345)
|
(344)
|
(365)
|
(256)
|
(425)
|
(435)
|
(440)
|
(267)
|
(403)
|
(414)
|
(372)
|
(255)
|
(295)
|
(257)
|
(253)
|
(251)
|
(261)
|
(254)
|
(263)
|
(191)
|
(210)
|
(212)
|
(199)
|
(225)
|
(268)
|
(255)
|
(266)
|
(214)
|
(252)
|
(263)
|
(263)
|
|
Research & Development |
0
|
(80)
|
0
|
0
|
0
|
(94)
|
0
|
0
|
0
|
(111)
|
0
|
0
|
0
|
(143)
|
0
|
0
|
0
|
(159)
|
0
|
0
|
(36)
|
(158)
|
(123)
|
(156)
|
(161)
|
(145)
|
(158)
|
(157)
|
(157)
|
(137)
|
(169)
|
(174)
|
(175)
|
(151)
|
(171)
|
(183)
|
(188)
|
(174)
|
(200)
|
(215)
|
(225)
|
|
Depreciation & Amortization |
0
|
(15)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(76)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(13)
|
0
|
(10)
|
(13)
|
(14)
|
1
|
(12)
|
(12)
|
(0)
|
(1)
|
(15)
|
(18)
|
(27)
|
1
|
(18)
|
2
|
(5)
|
29
|
11
|
(5)
|
5
|
28
|
5
|
5
|
(0)
|
11
|
(17)
|
(10)
|
4
|
42
|
40
|
46
|
36
|
16
|
28
|
20
|
18
|
14
|
16
|
10
|
12
|
|
Operating Income |
148
N/A
|
172
+16%
|
177
+3%
|
194
+9%
|
204
+5%
|
212
+4%
|
221
+4%
|
215
-2%
|
185
-14%
|
152
-18%
|
143
-6%
|
146
+3%
|
156
+6%
|
155
0%
|
163
+5%
|
139
-14%
|
131
-6%
|
145
+11%
|
126
-13%
|
116
-8%
|
114
-2%
|
71
-37%
|
42
-41%
|
(14)
N/A
|
(44)
-224%
|
(52)
-17%
|
(78)
-50%
|
(63)
+20%
|
(33)
+47%
|
15
N/A
|
72
+377%
|
110
+53%
|
103
-7%
|
48
-53%
|
67
+38%
|
39
-41%
|
37
-7%
|
55
+49%
|
69
+26%
|
90
+30%
|
116
+29%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(21)
|
(22)
|
(22)
|
(26)
|
(25)
|
(25)
|
(22)
|
(9)
|
(5)
|
7
|
10
|
2
|
1
|
(7)
|
(9)
|
(16)
|
(21)
|
(29)
|
(40)
|
(43)
|
(53)
|
(47)
|
(49)
|
(49)
|
(49)
|
(19)
|
(39)
|
(32)
|
(22)
|
1
|
(7)
|
(16)
|
(18)
|
1
|
(7)
|
8
|
20
|
15
|
16
|
20
|
19
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
(4)
|
(4)
|
0
|
(11)
|
(4)
|
(4)
|
(3)
|
(2)
|
(0)
|
(1)
|
(2)
|
(16)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
3
|
1
|
3
|
2
|
|
Gain/Loss on Disposition of Assets |
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(3)
|
0
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
19
|
14
|
20
|
22
|
22
|
26
|
18
|
19
|
20
|
17
|
20
|
21
|
27
|
28
|
29
|
21
|
19
|
1
|
(1)
|
2
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
5
|
4
|
6
|
8
|
1
|
2
|
3
|
0
|
(1)
|
1
|
(1)
|
(1)
|
|
Pre-Tax Income |
146
N/A
|
164
+13%
|
174
+6%
|
188
+8%
|
201
+7%
|
210
+5%
|
217
+3%
|
222
+2%
|
197
-11%
|
170
-14%
|
168
-1%
|
165
-2%
|
179
+8%
|
176
-2%
|
180
+2%
|
140
-22%
|
129
-8%
|
107
-16%
|
81
-24%
|
72
-11%
|
54
-25%
|
20
-63%
|
(9)
N/A
|
(64)
-644%
|
(96)
-50%
|
(88)
+8%
|
(119)
-35%
|
(97)
+19%
|
(55)
+43%
|
21
N/A
|
69
+227%
|
100
+45%
|
93
-7%
|
51
-45%
|
62
+22%
|
52
-17%
|
58
+13%
|
73
+25%
|
87
+20%
|
111
+27%
|
135
+22%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(20)
|
(23)
|
(25)
|
(26)
|
(28)
|
(29)
|
(29)
|
(30)
|
(25)
|
(21)
|
(22)
|
(22)
|
(22)
|
(24)
|
(27)
|
(23)
|
(24)
|
(19)
|
(14)
|
(13)
|
(11)
|
(7)
|
(6)
|
(3)
|
(3)
|
(7)
|
(5)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(7)
|
(5)
|
(7)
|
(4)
|
(4)
|
(4)
|
(4)
|
(7)
|
(10)
|
|
Income from Continuing Operations |
126
|
141
|
150
|
162
|
173
|
181
|
188
|
192
|
173
|
149
|
147
|
144
|
157
|
152
|
153
|
117
|
105
|
88
|
67
|
59
|
43
|
13
|
(15)
|
(67)
|
(99)
|
(96)
|
(125)
|
(100)
|
(58)
|
17
|
65
|
94
|
86
|
46
|
55
|
47
|
54
|
69
|
83
|
104
|
125
|
|
Income to Minority Interest |
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(8)
|
(7)
|
(8)
|
(7)
|
(6)
|
(5)
|
(4)
|
(5)
|
(3)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
|
Net Income (Common) |
123
N/A
|
137
+12%
|
145
+6%
|
157
+8%
|
166
+6%
|
176
+6%
|
182
+4%
|
185
+2%
|
166
-10%
|
142
-15%
|
140
-1%
|
138
-2%
|
148
+8%
|
144
-3%
|
145
+1%
|
110
-24%
|
99
-10%
|
83
-16%
|
62
-25%
|
54
-13%
|
39
-28%
|
8
-80%
|
(19)
N/A
|
(70)
-271%
|
(102)
-46%
|
(98)
+4%
|
(126)
-28%
|
(101)
+20%
|
(59)
+42%
|
16
N/A
|
63
+286%
|
92
+46%
|
84
-8%
|
44
-48%
|
53
+20%
|
45
-14%
|
52
+16%
|
68
+30%
|
82
+21%
|
104
+26%
|
125
+20%
|
|
EPS (Diluted) |
0.21
N/A
|
0.24
+14%
|
0.26
+8%
|
0.28
+8%
|
0.3
+7%
|
0.24
-20%
|
0.24
N/A
|
0.27
+13%
|
0.23
-15%
|
0.19
-17%
|
0.19
N/A
|
0.19
N/A
|
0.2
+5%
|
0.2
N/A
|
0.2
N/A
|
0.15
-25%
|
0.14
-7%
|
0.11
-21%
|
0.09
-18%
|
0.08
-11%
|
0.06
-25%
|
0.01
-83%
|
-0.03
N/A
|
-0.1
-233%
|
-0.14
-40%
|
-0.13
+7%
|
-0.16
-23%
|
-0.13
+19%
|
-0.08
+38%
|
0.02
N/A
|
0.08
+300%
|
0.12
+50%
|
0.11
-8%
|
0.06
-45%
|
0.07
+17%
|
0.06
-14%
|
0.07
+17%
|
0.09
+29%
|
0.11
+22%
|
0.14
+27%
|
0.17
+21%
|