Vtron Group Co Ltd
SZSE:002308
Income Statement
Earnings Waterfall
Vtron Group Co Ltd
Revenue
|
447m
CNY
|
Cost of Revenue
|
-250.4m
CNY
|
Gross Profit
|
196.6m
CNY
|
Operating Expenses
|
-247.8m
CNY
|
Operating Income
|
-51.2m
CNY
|
Other Expenses
|
30.3m
CNY
|
Net Income
|
-21m
CNY
|
Income Statement
Vtron Group 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 |
1 064
N/A
|
1 015
-5%
|
906
-11%
|
870
-4%
|
888
+2%
|
803
-10%
|
817
+2%
|
819
+0%
|
880
+7%
|
937
+7%
|
1 001
+7%
|
1 047
+5%
|
1 080
+3%
|
1 051
-3%
|
1 039
-1%
|
1 073
+3%
|
1 100
+3%
|
1 138
+3%
|
1 174
+3%
|
1 184
+1%
|
1 163
-2%
|
1 170
+1%
|
1 171
+0%
|
1 149
-2%
|
1 140
-1%
|
1 102
-3%
|
950
-14%
|
818
-14%
|
742
-9%
|
641
-14%
|
682
+6%
|
709
+4%
|
697
-2%
|
689
-1%
|
711
+3%
|
677
-5%
|
628
-7%
|
515
-18%
|
498
-3%
|
486
-2%
|
447
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(463)
|
(427)
|
(396)
|
(396)
|
(413)
|
(387)
|
(400)
|
(414)
|
(440)
|
(468)
|
(490)
|
(486)
|
(488)
|
(471)
|
(477)
|
(499)
|
(531)
|
(522)
|
(555)
|
(571)
|
(543)
|
(541)
|
(557)
|
(538)
|
(538)
|
(560)
|
(485)
|
(434)
|
(420)
|
(373)
|
(363)
|
(384)
|
(380)
|
(377)
|
(392)
|
(372)
|
(333)
|
(294)
|
(274)
|
(262)
|
(250)
|
|
Gross Profit |
601
N/A
|
589
-2%
|
510
-13%
|
474
-7%
|
475
+0%
|
416
-12%
|
418
+0%
|
406
-3%
|
439
+8%
|
470
+7%
|
511
+9%
|
560
+10%
|
592
+6%
|
579
-2%
|
562
-3%
|
574
+2%
|
570
-1%
|
616
+8%
|
618
+0%
|
613
-1%
|
620
+1%
|
629
+1%
|
614
-2%
|
611
0%
|
603
-1%
|
542
-10%
|
466
-14%
|
384
-17%
|
322
-16%
|
268
-17%
|
319
+19%
|
325
+2%
|
317
-2%
|
312
-2%
|
319
+2%
|
304
-5%
|
295
-3%
|
221
-25%
|
224
+1%
|
225
+0%
|
197
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(386)
|
(391)
|
(382)
|
(382)
|
(409)
|
(403)
|
(405)
|
(399)
|
(406)
|
(420)
|
(425)
|
(451)
|
(460)
|
(417)
|
(386)
|
(348)
|
(315)
|
(408)
|
(403)
|
(422)
|
(436)
|
(451)
|
(450)
|
(466)
|
(478)
|
(499)
|
(1 747)
|
(1 728)
|
(1 384)
|
(415)
|
(318)
|
(571)
|
(539)
|
(343)
|
(693)
|
(685)
|
(666)
|
(220)
|
(229)
|
(233)
|
(248)
|
|
Selling, General & Administrative |
(384)
|
(258)
|
(379)
|
(378)
|
(405)
|
(242)
|
(401)
|
(394)
|
(401)
|
(290)
|
(421)
|
(450)
|
(458)
|
(299)
|
(397)
|
(380)
|
(357)
|
(352)
|
(452)
|
(434)
|
(430)
|
(370)
|
(388)
|
(399)
|
(405)
|
(380)
|
(389)
|
(375)
|
(360)
|
(323)
|
(321)
|
(293)
|
(269)
|
(263)
|
(272)
|
(278)
|
(271)
|
(174)
|
(187)
|
(185)
|
(199)
|
|
Research & Development |
0
|
(123)
|
0
|
0
|
0
|
(129)
|
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
(22)
|
(91)
|
(77)
|
(103)
|
(102)
|
(100)
|
(109)
|
(102)
|
(110)
|
(92)
|
(95)
|
(95)
|
(86)
|
(67)
|
(65)
|
(58)
|
(50)
|
(48)
|
(49)
|
(49)
|
(50)
|
|
Depreciation & Amortization |
0
|
(10)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(2)
|
(0)
|
(4)
|
(4)
|
(4)
|
(0)
|
(5)
|
(5)
|
(5)
|
(0)
|
(5)
|
(1)
|
(2)
|
(0)
|
11
|
32
|
44
|
61
|
50
|
12
|
15
|
52
|
14
|
36
|
29
|
30
|
(1 249)
|
(1 251)
|
(914)
|
22
|
98
|
(183)
|
(184)
|
11
|
(355)
|
(348)
|
(346)
|
26
|
7
|
(0)
|
1
|
|
Operating Income |
214
N/A
|
197
-8%
|
128
-35%
|
92
-28%
|
66
-28%
|
13
-81%
|
12
-3%
|
7
-45%
|
34
+393%
|
50
+49%
|
86
+72%
|
110
+28%
|
132
+21%
|
163
+23%
|
175
+8%
|
225
+28%
|
255
+13%
|
208
-19%
|
216
+4%
|
191
-12%
|
184
-4%
|
178
-3%
|
164
-8%
|
145
-11%
|
125
-14%
|
43
-66%
|
(1 281)
N/A
|
(1 344)
-5%
|
(1 062)
+21%
|
(147)
+86%
|
1
N/A
|
(246)
N/A
|
(222)
+10%
|
(31)
+86%
|
(374)
-1 091%
|
(380)
-2%
|
(371)
+2%
|
0
N/A
|
(6)
N/A
|
(9)
-53%
|
(51)
-494%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
25
|
47
|
46
|
44
|
46
|
28
|
29
|
29
|
32
|
40
|
38
|
35
|
29
|
3
|
4
|
5
|
7
|
10
|
9
|
12
|
10
|
22
|
18
|
18
|
18
|
21
|
26
|
30
|
28
|
5
|
18
|
7
|
16
|
(0)
|
4
|
4
|
10
|
39
|
35
|
43
|
38
|
|
Non-Reccuring Items |
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
|
(1 263)
|
62
|
340
|
0
|
172
|
0
|
1
|
1
|
(360)
|
1
|
1
|
1
|
(14)
|
0
|
0
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
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 |
103
|
80
|
79
|
57
|
62
|
73
|
48
|
60
|
53
|
51
|
59
|
53
|
55
|
48
|
37
|
14
|
7
|
(0)
|
(13)
|
0
|
1
|
1
|
1
|
0
|
(0)
|
0
|
(13)
|
(15)
|
(15)
|
(4)
|
(2)
|
(1)
|
(1)
|
1
|
(1)
|
(0)
|
21
|
23
|
23
|
22
|
1
|
|
Pre-Tax Income |
342
N/A
|
324
-5%
|
252
-22%
|
193
-24%
|
173
-10%
|
113
-35%
|
89
-22%
|
95
+8%
|
117
+23%
|
140
+20%
|
184
+31%
|
196
+7%
|
214
+9%
|
213
0%
|
216
+1%
|
245
+13%
|
269
+10%
|
209
-22%
|
212
+2%
|
203
-4%
|
194
-4%
|
201
+4%
|
183
-9%
|
164
-10%
|
143
-13%
|
(1 199)
N/A
|
(1 206)
-1%
|
(989)
+18%
|
(1 049)
-6%
|
26
N/A
|
17
-36%
|
(239)
N/A
|
(206)
+14%
|
(390)
-89%
|
(370)
+5%
|
(375)
-1%
|
(340)
+10%
|
48
N/A
|
52
+8%
|
57
+10%
|
(10)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(22)
|
(14)
|
(1)
|
(10)
|
(8)
|
(9)
|
(10)
|
(17)
|
(21)
|
(24)
|
(24)
|
(23)
|
(31)
|
(29)
|
(30)
|
(29)
|
(17)
|
(15)
|
(13)
|
(22)
|
(32)
|
(34)
|
(35)
|
(29)
|
(17)
|
(13)
|
(12)
|
(3)
|
5
|
2
|
4
|
(1)
|
(7)
|
(7)
|
(4)
|
(4)
|
(6)
|
(10)
|
(12)
|
(11)
|
|
Income from Continuing Operations |
318
|
302
|
239
|
192
|
163
|
105
|
79
|
86
|
100
|
119
|
160
|
172
|
191
|
183
|
187
|
215
|
239
|
191
|
197
|
190
|
172
|
170
|
149
|
128
|
114
|
(1 217)
|
(1 219)
|
(1 001)
|
(1 053)
|
31
|
18
|
(236)
|
(208)
|
(397)
|
(377)
|
(380)
|
(344)
|
42
|
42
|
46
|
(21)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(3)
|
(8)
|
(11)
|
(11)
|
(11)
|
(13)
|
(12)
|
(14)
|
(10)
|
(3)
|
(2)
|
5
|
(2)
|
1
|
1
|
1
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
318
N/A
|
302
-5%
|
239
-21%
|
192
-19%
|
163
-15%
|
105
-36%
|
79
-25%
|
86
+8%
|
100
+17%
|
120
+20%
|
160
+34%
|
173
+8%
|
192
+11%
|
182
-5%
|
187
+3%
|
215
+15%
|
239
+11%
|
190
-21%
|
194
+2%
|
182
-6%
|
161
-12%
|
158
-2%
|
137
-13%
|
116
-16%
|
102
-12%
|
(1 231)
N/A
|
(1 230)
+0%
|
(1 004)
+18%
|
(1 054)
-5%
|
36
N/A
|
17
-53%
|
(235)
N/A
|
(206)
+12%
|
(396)
-92%
|
(373)
+6%
|
(379)
-2%
|
(344)
+9%
|
42
N/A
|
42
-1%
|
46
+10%
|
(21)
N/A
|
|
EPS (Diluted) |
0.38
N/A
|
0.36
-5%
|
0.28
-22%
|
0.23
-18%
|
0.2
-13%
|
0.13
-35%
|
0.1
-23%
|
0.1
N/A
|
0.11
+10%
|
0.14
+27%
|
0.19
+36%
|
0.21
+11%
|
0.24
+14%
|
0.22
-8%
|
0.23
+5%
|
0.26
+13%
|
0.29
+12%
|
0.21
-28%
|
0.23
+10%
|
0.21
-9%
|
0.18
-14%
|
0.18
N/A
|
0.15
-17%
|
0.13
-13%
|
0.11
-15%
|
-1.37
N/A
|
-1.39
-1%
|
-1.1
+21%
|
-1.14
-4%
|
0.04
N/A
|
0.02
-50%
|
-0.28
N/A
|
-0.23
+18%
|
-0.44
-91%
|
-0.42
+5%
|
-0.42
N/A
|
-0.38
+10%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
-0.02
N/A
|