Changchun UP Optotech Co Ltd
SZSE:002338
Income Statement
Earnings Waterfall
Changchun UP Optotech Co Ltd
Revenue
|
753.6m
CNY
|
Cost of Revenue
|
-482.5m
CNY
|
Gross Profit
|
271.1m
CNY
|
Operating Expenses
|
-139.9m
CNY
|
Operating Income
|
131.2m
CNY
|
Other Expenses
|
-40.1m
CNY
|
Net Income
|
91.1m
CNY
|
Income Statement
Changchun UP Optotech 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 |
277
N/A
|
295
+7%
|
307
+4%
|
336
+9%
|
377
+12%
|
389
+3%
|
386
-1%
|
370
-4%
|
351
-5%
|
345
-2%
|
351
+2%
|
347
-1%
|
343
-1%
|
342
0%
|
351
+3%
|
361
+3%
|
369
+2%
|
368
0%
|
364
-1%
|
372
+2%
|
376
+1%
|
385
+2%
|
383
0%
|
389
+2%
|
398
+2%
|
402
+1%
|
398
-1%
|
402
+1%
|
412
+3%
|
441
+7%
|
508
+15%
|
554
+9%
|
555
+0%
|
547
-1%
|
520
-5%
|
502
-3%
|
545
+9%
|
627
+15%
|
701
+12%
|
732
+4%
|
754
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(164)
|
(175)
|
(183)
|
(195)
|
(221)
|
(219)
|
(219)
|
(213)
|
(204)
|
(208)
|
(214)
|
(209)
|
(212)
|
(209)
|
(218)
|
(225)
|
(221)
|
(216)
|
(230)
|
(239)
|
(247)
|
(239)
|
(240)
|
(244)
|
(252)
|
(255)
|
(261)
|
(270)
|
(279)
|
(303)
|
(356)
|
(389)
|
(394)
|
(387)
|
(369)
|
(358)
|
(385)
|
(439)
|
(483)
|
(495)
|
(483)
|
|
Gross Profit |
113
N/A
|
120
+6%
|
124
+3%
|
141
+14%
|
157
+11%
|
170
+8%
|
167
-2%
|
157
-6%
|
147
-7%
|
137
-7%
|
138
+1%
|
138
0%
|
131
-5%
|
133
+1%
|
132
0%
|
136
+3%
|
148
+9%
|
152
+3%
|
134
-12%
|
133
-1%
|
129
-3%
|
146
+13%
|
143
-2%
|
145
+1%
|
146
+1%
|
147
+1%
|
137
-7%
|
132
-4%
|
133
+1%
|
138
+4%
|
152
+10%
|
165
+8%
|
161
-2%
|
160
0%
|
150
-6%
|
144
-4%
|
160
+11%
|
188
+17%
|
217
+16%
|
237
+9%
|
271
+14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(59)
|
(69)
|
(69)
|
(84)
|
(97)
|
(110)
|
(107)
|
(114)
|
(114)
|
(119)
|
(119)
|
(110)
|
(113)
|
(116)
|
(110)
|
(117)
|
(111)
|
(102)
|
(92)
|
(88)
|
(89)
|
(110)
|
(106)
|
(114)
|
(112)
|
(115)
|
(104)
|
(98)
|
(98)
|
(103)
|
(118)
|
(129)
|
(140)
|
(103)
|
(100)
|
(96)
|
(101)
|
(136)
|
(147)
|
(141)
|
(140)
|
|
Selling, General & Administrative |
(61)
|
(44)
|
(73)
|
(83)
|
(97)
|
(72)
|
(99)
|
(107)
|
(106)
|
(74)
|
(115)
|
(108)
|
(111)
|
(69)
|
(107)
|
(118)
|
(113)
|
(75)
|
(117)
|
(106)
|
(100)
|
(78)
|
(80)
|
(88)
|
(82)
|
(82)
|
(76)
|
(61)
|
(67)
|
(64)
|
(79)
|
(87)
|
(94)
|
(86)
|
(91)
|
(92)
|
(91)
|
(99)
|
(117)
|
(117)
|
(116)
|
|
Research & Development |
0
|
(21)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
(11)
|
(35)
|
(31)
|
(37)
|
(39)
|
(39)
|
(43)
|
(47)
|
(41)
|
(45)
|
(50)
|
(53)
|
(56)
|
(52)
|
(52)
|
(48)
|
(55)
|
(44)
|
(53)
|
(62)
|
(64)
|
|
Depreciation & Amortization |
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
|
Other Operating Expenses |
2
|
1
|
4
|
(1)
|
(0)
|
(0)
|
(8)
|
(7)
|
(8)
|
(0)
|
(4)
|
(2)
|
(2)
|
(2)
|
(4)
|
1
|
2
|
25
|
24
|
17
|
22
|
12
|
5
|
10
|
9
|
14
|
14
|
11
|
9
|
16
|
11
|
11
|
10
|
46
|
43
|
44
|
45
|
20
|
23
|
38
|
40
|
|
Operating Income |
54
N/A
|
51
-5%
|
55
+7%
|
57
+3%
|
59
+5%
|
60
+1%
|
60
+0%
|
43
-28%
|
33
-25%
|
18
-44%
|
19
+5%
|
27
+43%
|
18
-33%
|
17
-10%
|
22
+33%
|
19
-12%
|
37
+93%
|
50
+34%
|
41
-18%
|
45
+9%
|
40
-11%
|
36
-11%
|
37
+4%
|
31
-16%
|
35
+11%
|
32
-8%
|
33
+3%
|
34
+4%
|
36
+5%
|
35
-1%
|
34
-3%
|
36
+4%
|
21
-42%
|
57
+173%
|
50
-13%
|
48
-4%
|
59
+23%
|
52
-12%
|
70
+35%
|
95
+36%
|
131
+37%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
4
|
2
|
2
|
2
|
1
|
0
|
0
|
(0)
|
3
|
3
|
4
|
38
|
4
|
37
|
37
|
3
|
7
|
8
|
10
|
15
|
11
|
10
|
11
|
10
|
19
|
20
|
19
|
20
|
24
|
30
|
33
|
51
|
(1)
|
11
|
17
|
26
|
50
|
48
|
45
|
22
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
0
|
1
|
1
|
(1)
|
0
|
(0)
|
(0)
|
(3)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
7
|
0
|
0
|
0
|
0
|
0
|
1
|
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 |
8
|
32
|
34
|
30
|
38
|
19
|
20
|
35
|
37
|
33
|
33
|
16
|
14
|
14
|
15
|
17
|
18
|
(1)
|
(4)
|
(9)
|
(13)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Pre-Tax Income |
66
N/A
|
88
+33%
|
91
+4%
|
95
+5%
|
99
+3%
|
80
-19%
|
80
0%
|
79
-2%
|
70
-11%
|
55
-21%
|
56
+2%
|
48
-15%
|
71
+49%
|
68
-4%
|
73
+8%
|
73
0%
|
58
-21%
|
57
-2%
|
46
-20%
|
46
+0%
|
42
-7%
|
46
+9%
|
47
+0%
|
42
-10%
|
43
+4%
|
51
+18%
|
51
+1%
|
53
+3%
|
57
+7%
|
58
+3%
|
64
+10%
|
69
+7%
|
71
+4%
|
53
-26%
|
60
+14%
|
66
+9%
|
86
+31%
|
101
+18%
|
118
+16%
|
140
+19%
|
152
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(10)
|
(10)
|
(12)
|
(13)
|
(12)
|
(11)
|
(10)
|
(7)
|
(5)
|
(4)
|
(3)
|
(8)
|
(9)
|
(9)
|
(9)
|
(6)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
2
|
1
|
(2)
|
(6)
|
|
Income from Continuing Operations |
56
|
78
|
81
|
83
|
86
|
69
|
69
|
69
|
62
|
50
|
52
|
45
|
63
|
60
|
64
|
64
|
52
|
52
|
41
|
42
|
40
|
44
|
44
|
42
|
42
|
50
|
52
|
51
|
55
|
56
|
61
|
65
|
70
|
51
|
58
|
64
|
84
|
104
|
118
|
138
|
146
|
|
Income to Minority Interest |
1
|
(2)
|
(5)
|
(6)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(6)
|
(8)
|
(7)
|
(6)
|
(7)
|
(11)
|
(11)
|
(11)
|
(13)
|
(7)
|
(8)
|
(7)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(3)
|
(4)
|
(4)
|
(3)
|
(8)
|
(22)
|
(32)
|
(40)
|
(55)
|
|
Net Income (Common) |
57
N/A
|
76
+34%
|
76
+0%
|
77
+1%
|
77
0%
|
59
-23%
|
59
+0%
|
60
+2%
|
52
-13%
|
44
-16%
|
44
+1%
|
38
-13%
|
57
+48%
|
53
-7%
|
53
+1%
|
53
0%
|
41
-23%
|
39
-6%
|
34
-11%
|
33
-3%
|
33
-1%
|
41
+24%
|
41
+0%
|
40
-3%
|
41
+2%
|
48
+19%
|
50
+4%
|
49
-3%
|
52
+6%
|
52
+1%
|
57
+9%
|
60
+6%
|
67
+10%
|
47
-30%
|
54
+17%
|
61
+12%
|
76
+25%
|
82
+8%
|
86
+5%
|
98
+15%
|
91
-7%
|
|
EPS (Diluted) |
0.23
N/A
|
0.32
+39%
|
0.31
-3%
|
0.31
N/A
|
0.31
N/A
|
0.24
-23%
|
0.24
N/A
|
0.25
+4%
|
0.22
-12%
|
0.18
-18%
|
0.18
N/A
|
0.15
-17%
|
0.23
+53%
|
0.22
-4%
|
0.23
+5%
|
0.23
N/A
|
0.17
-26%
|
0.16
-6%
|
0.14
-13%
|
0.14
N/A
|
0.14
N/A
|
0.17
+21%
|
0.17
N/A
|
0.17
N/A
|
0.18
+6%
|
0.2
+11%
|
0.22
+10%
|
0.21
-5%
|
0.22
+5%
|
0.22
N/A
|
0.24
+9%
|
0.25
+4%
|
0.28
+12%
|
0.19
-32%
|
0.23
+21%
|
0.25
+9%
|
0.32
+28%
|
0.34
+6%
|
0.36
+6%
|
0.41
+14%
|
0.38
-7%
|