Shanghai Xinpeng Industry Co Ltd
SZSE:002328
Income Statement
Earnings Waterfall
Shanghai Xinpeng Industry Co Ltd
Revenue
|
6B
CNY
|
Cost of Revenue
|
-5.3B
CNY
|
Gross Profit
|
680.4m
CNY
|
Operating Expenses
|
-391.1m
CNY
|
Operating Income
|
289.4m
CNY
|
Other Expenses
|
1.9m
CNY
|
Net Income
|
291.3m
CNY
|
Income Statement
Shanghai Xinpeng Industry 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 |
2 338
N/A
|
2 665
+14%
|
2 996
+12%
|
3 279
+9%
|
3 500
+7%
|
3 662
+5%
|
3 863
+6%
|
4 037
+4%
|
3 963
-2%
|
3 956
0%
|
3 779
-4%
|
3 877
+3%
|
4 090
+5%
|
3 961
-3%
|
3 777
-5%
|
3 777
+0%
|
3 727
-1%
|
3 948
+6%
|
4 290
+9%
|
4 091
-5%
|
3 804
-7%
|
4 081
+7%
|
3 931
-4%
|
3 723
-5%
|
3 926
+5%
|
3 603
-8%
|
3 399
-6%
|
3 421
+1%
|
3 530
+3%
|
4 251
+20%
|
4 624
+9%
|
4 966
+7%
|
4 949
0%
|
4 722
-5%
|
5 118
+8%
|
5 150
+1%
|
5 873
+14%
|
6 047
+3%
|
5 927
-2%
|
6 261
+6%
|
5 972
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 015)
|
(2 303)
|
(2 601)
|
(2 854)
|
(3 074)
|
(3 225)
|
(3 426)
|
(3 588)
|
(3 524)
|
(3 525)
|
(3 368)
|
(3 464)
|
(3 635)
|
(3 436)
|
(3 267)
|
(3 243)
|
(3 196)
|
(3 451)
|
(3 773)
|
(3 584)
|
(3 325)
|
(3 529)
|
(3 437)
|
(3 270)
|
(3 429)
|
(3 138)
|
(2 959)
|
(3 041)
|
(3 144)
|
(3 844)
|
(4 222)
|
(4 513)
|
(4 561)
|
(4 325)
|
(4 697)
|
(4 757)
|
(5 424)
|
(5 482)
|
(5 367)
|
(5 601)
|
(5 292)
|
|
Gross Profit |
322
N/A
|
362
+12%
|
395
+9%
|
424
+7%
|
426
+0%
|
437
+3%
|
438
+0%
|
450
+3%
|
439
-2%
|
431
-2%
|
411
-5%
|
413
+1%
|
455
+10%
|
525
+16%
|
510
-3%
|
534
+5%
|
531
-1%
|
497
-6%
|
518
+4%
|
507
-2%
|
479
-6%
|
552
+15%
|
494
-10%
|
453
-8%
|
496
+10%
|
464
-6%
|
440
-5%
|
381
-13%
|
386
+1%
|
407
+5%
|
402
-1%
|
452
+12%
|
389
-14%
|
397
+2%
|
421
+6%
|
393
-7%
|
449
+14%
|
565
+26%
|
560
-1%
|
660
+18%
|
680
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(226)
|
(261)
|
(270)
|
(278)
|
(303)
|
(279)
|
(303)
|
(309)
|
(301)
|
(278)
|
(275)
|
(270)
|
(294)
|
(315)
|
(336)
|
(343)
|
(315)
|
(278)
|
(287)
|
(293)
|
(298)
|
(302)
|
(288)
|
(277)
|
(282)
|
(281)
|
(279)
|
(235)
|
(206)
|
(208)
|
(212)
|
(240)
|
(245)
|
(237)
|
(243)
|
(240)
|
(259)
|
(293)
|
(365)
|
(391)
|
(391)
|
|
Selling, General & Administrative |
(221)
|
(197)
|
(266)
|
(274)
|
(298)
|
(197)
|
(274)
|
(284)
|
(276)
|
(190)
|
(276)
|
(268)
|
(284)
|
(215)
|
(293)
|
(269)
|
(239)
|
(206)
|
(236)
|
(229)
|
(236)
|
(247)
|
(191)
|
(212)
|
(218)
|
(226)
|
(220)
|
(201)
|
(173)
|
(172)
|
(159)
|
(159)
|
(157)
|
(169)
|
(164)
|
(160)
|
(179)
|
(224)
|
(212)
|
(223)
|
(203)
|
|
Research & Development |
0
|
(50)
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
(80)
|
0
|
0
|
0
|
(91)
|
0
|
0
|
(15)
|
(68)
|
0
|
0
|
(27)
|
(52)
|
(35)
|
(50)
|
(48)
|
(49)
|
(60)
|
(55)
|
(59)
|
(46)
|
(57)
|
(61)
|
(67)
|
(53)
|
(72)
|
(72)
|
(75)
|
(59)
|
(67)
|
(72)
|
(72)
|
|
Depreciation & Amortization |
0
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(6)
|
(0)
|
(4)
|
(4)
|
(5)
|
(0)
|
(29)
|
(25)
|
(25)
|
(0)
|
1
|
(2)
|
(10)
|
(0)
|
(44)
|
(74)
|
(62)
|
15
|
(52)
|
(64)
|
(35)
|
18
|
(62)
|
(15)
|
(16)
|
20
|
1
|
21
|
26
|
32
|
3
|
(21)
|
(22)
|
14
|
(7)
|
(7)
|
(5)
|
15
|
(85)
|
(96)
|
(117)
|
|
Operating Income |
96
N/A
|
101
+5%
|
125
+24%
|
147
+17%
|
123
-16%
|
158
+28%
|
135
-15%
|
140
+4%
|
138
-1%
|
153
+11%
|
136
-11%
|
143
+5%
|
161
+12%
|
210
+31%
|
174
-17%
|
191
+10%
|
216
+13%
|
219
+1%
|
230
+5%
|
214
-7%
|
181
-16%
|
250
+38%
|
207
-17%
|
176
-15%
|
214
+22%
|
183
-14%
|
161
-12%
|
146
-9%
|
180
+24%
|
199
+11%
|
190
-5%
|
212
+12%
|
144
-32%
|
160
+12%
|
178
+11%
|
153
-14%
|
190
+24%
|
273
+43%
|
195
-28%
|
269
+38%
|
289
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
9
|
9
|
13
|
27
|
20
|
41
|
44
|
44
|
37
|
16
|
16
|
7
|
33
|
32
|
28
|
23
|
9
|
8
|
19
|
28
|
32
|
34
|
31
|
30
|
41
|
46
|
42
|
51
|
77
|
77
|
111
|
270
|
415
|
459
|
458
|
372
|
331
|
300
|
371
|
253
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(7)
|
(4)
|
(4)
|
(9)
|
(55)
|
0
|
0
|
5
|
(11)
|
1
|
1
|
2
|
(21)
|
1
|
1
|
(0)
|
(9)
|
0
|
(0)
|
(1)
|
(89)
|
0
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
2
|
(4)
|
(3)
|
(4)
|
1
|
0
|
(1)
|
0
|
(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 |
(3)
|
11
|
15
|
16
|
18
|
14
|
17
|
19
|
18
|
11
|
12
|
18
|
17
|
23
|
22
|
13
|
12
|
4
|
5
|
7
|
6
|
(1)
|
(21)
|
(22)
|
(21)
|
(1)
|
(6)
|
(6)
|
(7)
|
(1)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(14)
|
(19)
|
(30)
|
(32)
|
|
Pre-Tax Income |
101
N/A
|
120
+19%
|
145
+20%
|
172
+19%
|
165
-4%
|
188
+14%
|
194
+3%
|
203
+5%
|
200
-1%
|
182
-9%
|
163
-11%
|
175
+8%
|
182
+4%
|
226
+24%
|
228
+1%
|
231
+2%
|
251
+9%
|
225
-11%
|
240
+7%
|
237
-1%
|
206
-13%
|
226
+10%
|
219
-3%
|
186
-15%
|
229
+23%
|
213
-7%
|
201
-6%
|
183
-9%
|
227
+24%
|
255
+12%
|
267
+5%
|
323
+21%
|
412
+28%
|
567
+38%
|
636
+12%
|
609
-4%
|
562
-8%
|
500
-11%
|
477
-5%
|
609
+28%
|
511
-16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(34)
|
(28)
|
(30)
|
(28)
|
(26)
|
(31)
|
(33)
|
(39)
|
(36)
|
(30)
|
(26)
|
(25)
|
(22)
|
(40)
|
(41)
|
(47)
|
(58)
|
(53)
|
(59)
|
(53)
|
(43)
|
(45)
|
(42)
|
(37)
|
(48)
|
(40)
|
(38)
|
(36)
|
(48)
|
(55)
|
(55)
|
(70)
|
(79)
|
(120)
|
(136)
|
(128)
|
(118)
|
(121)
|
(118)
|
(151)
|
(130)
|
|
Income from Continuing Operations |
67
|
92
|
115
|
145
|
139
|
157
|
162
|
164
|
165
|
152
|
137
|
150
|
160
|
185
|
186
|
184
|
193
|
172
|
181
|
184
|
163
|
181
|
178
|
149
|
181
|
174
|
163
|
147
|
178
|
199
|
212
|
253
|
333
|
447
|
500
|
482
|
443
|
379
|
359
|
459
|
381
|
|
Income to Minority Interest |
(42)
|
(46)
|
(51)
|
(65)
|
(65)
|
(71)
|
(72)
|
(69)
|
(65)
|
(61)
|
(54)
|
(60)
|
(69)
|
(90)
|
(90)
|
(92)
|
(99)
|
(80)
|
(89)
|
(85)
|
(68)
|
(81)
|
(75)
|
(58)
|
(74)
|
(66)
|
(60)
|
(52)
|
(63)
|
(55)
|
(53)
|
(61)
|
(42)
|
(48)
|
(58)
|
(56)
|
(68)
|
(68)
|
(65)
|
(88)
|
(89)
|
|
Net Income (Common) |
25
N/A
|
47
+86%
|
64
+37%
|
80
+25%
|
74
-8%
|
86
+16%
|
90
+5%
|
95
+6%
|
100
+5%
|
91
-9%
|
84
-8%
|
90
+7%
|
91
+1%
|
95
+5%
|
97
+1%
|
92
-5%
|
94
+3%
|
92
-2%
|
93
+0%
|
99
+7%
|
94
-5%
|
100
+6%
|
103
+3%
|
90
-12%
|
107
+18%
|
108
+0%
|
103
-5%
|
95
-7%
|
115
+21%
|
145
+26%
|
158
+9%
|
192
+21%
|
291
+52%
|
399
+37%
|
441
+11%
|
426
-4%
|
375
-12%
|
311
-17%
|
294
-6%
|
370
+26%
|
291
-21%
|
|
EPS (Diluted) |
0.03
N/A
|
0.06
+100%
|
0.09
+50%
|
0.11
+22%
|
0.1
-9%
|
0.11
+10%
|
0.12
+9%
|
0.13
+8%
|
0.13
N/A
|
0.12
-8%
|
0.1
-17%
|
0.11
+10%
|
0.11
N/A
|
0.13
+18%
|
0.12
-8%
|
0.11
-8%
|
0.12
+9%
|
0.12
N/A
|
0.12
N/A
|
0.13
+8%
|
0.12
-8%
|
0.13
+8%
|
0.14
+8%
|
0.12
-14%
|
0.14
+17%
|
0.14
N/A
|
0.13
-7%
|
0.12
-8%
|
0.15
+25%
|
0.19
+27%
|
0.2
+5%
|
0.25
+25%
|
0.38
+52%
|
0.52
+37%
|
0.58
+12%
|
0.56
-3%
|
0.49
-13%
|
0.41
-16%
|
0.39
-5%
|
0.49
+26%
|
0.38
-22%
|