Edifier Technology Co Ltd
SZSE:002351
Income Statement
Earnings Waterfall
Edifier Technology Co Ltd
Revenue
|
2.5B
CNY
|
Cost of Revenue
|
-1.6B
CNY
|
Gross Profit
|
914.5m
CNY
|
Operating Expenses
|
-505.1m
CNY
|
Operating Income
|
409.3m
CNY
|
Other Expenses
|
-57m
CNY
|
Net Income
|
352.3m
CNY
|
Income Statement
Edifier 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 |
765
N/A
|
734
-4%
|
715
-3%
|
703
-2%
|
687
-2%
|
681
-1%
|
654
-4%
|
656
+0%
|
637
-3%
|
662
+4%
|
666
+1%
|
665
0%
|
676
+2%
|
726
+7%
|
783
+8%
|
837
+7%
|
887
+6%
|
901
+2%
|
887
-1%
|
906
+2%
|
870
-4%
|
881
+1%
|
908
+3%
|
962
+6%
|
1 063
+10%
|
1 243
+17%
|
1 328
+7%
|
1 480
+11%
|
1 725
+17%
|
1 934
+12%
|
2 153
+11%
|
2 313
+7%
|
2 331
+1%
|
2 304
-1%
|
2 256
-2%
|
2 171
-4%
|
2 169
0%
|
2 214
+2%
|
2 279
+3%
|
2 408
+6%
|
2 545
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(547)
|
(528)
|
(523)
|
(514)
|
(500)
|
(484)
|
(463)
|
(461)
|
(445)
|
(456)
|
(456)
|
(455)
|
(458)
|
(487)
|
(527)
|
(559)
|
(595)
|
(600)
|
(601)
|
(622)
|
(598)
|
(639)
|
(630)
|
(648)
|
(707)
|
(850)
|
(862)
|
(962)
|
(1 145)
|
(1 313)
|
(1 458)
|
(1 574)
|
(1 602)
|
(1 577)
|
(1 562)
|
(1 510)
|
(1 492)
|
(1 497)
|
(1 522)
|
(1 582)
|
(1 630)
|
|
Gross Profit |
218
N/A
|
207
-5%
|
192
-7%
|
189
-2%
|
187
-1%
|
197
+6%
|
192
-3%
|
195
+2%
|
192
-2%
|
206
+7%
|
210
+2%
|
210
+0%
|
218
+4%
|
239
+10%
|
256
+7%
|
278
+8%
|
292
+5%
|
301
+3%
|
287
-5%
|
285
-1%
|
271
-5%
|
242
-11%
|
278
+15%
|
314
+13%
|
357
+14%
|
393
+10%
|
466
+19%
|
518
+11%
|
580
+12%
|
622
+7%
|
695
+12%
|
739
+6%
|
729
-1%
|
727
0%
|
694
-4%
|
661
-5%
|
677
+2%
|
717
+6%
|
757
+6%
|
825
+9%
|
914
+11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(149)
|
(151)
|
(150)
|
(149)
|
(144)
|
(144)
|
(135)
|
(133)
|
(129)
|
(140)
|
(140)
|
(146)
|
(158)
|
(178)
|
(180)
|
(185)
|
(185)
|
(205)
|
(211)
|
(227)
|
(235)
|
(218)
|
(251)
|
(271)
|
(295)
|
(257)
|
(321)
|
(329)
|
(321)
|
(328)
|
(364)
|
(386)
|
(412)
|
(435)
|
(433)
|
(434)
|
(431)
|
(441)
|
(446)
|
(469)
|
(505)
|
|
Selling, General & Administrative |
(146)
|
(114)
|
(146)
|
(145)
|
(142)
|
(105)
|
(135)
|
(132)
|
(127)
|
(101)
|
(136)
|
(143)
|
(153)
|
(125)
|
(173)
|
(176)
|
(146)
|
(147)
|
(145)
|
(160)
|
(185)
|
(160)
|
(166)
|
(143)
|
(146)
|
(174)
|
(172)
|
(193)
|
(204)
|
(213)
|
(217)
|
(227)
|
(245)
|
(303)
|
(288)
|
(293)
|
(290)
|
(306)
|
(295)
|
(316)
|
(344)
|
|
Research & Development |
0
|
(36)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
(40)
|
(57)
|
(48)
|
(64)
|
(70)
|
(79)
|
(85)
|
(89)
|
(90)
|
(114)
|
(131)
|
(143)
|
(151)
|
(128)
|
(131)
|
(132)
|
(133)
|
(131)
|
(143)
|
(147)
|
(155)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3)
|
(0)
|
(4)
|
(4)
|
(2)
|
(0)
|
(1)
|
(2)
|
(2)
|
(0)
|
(4)
|
(3)
|
(5)
|
(0)
|
(8)
|
(9)
|
(39)
|
0
|
(66)
|
(67)
|
(10)
|
3
|
(37)
|
(64)
|
(80)
|
0
|
(65)
|
(46)
|
(27)
|
5
|
(16)
|
(16)
|
(17)
|
4
|
(14)
|
(9)
|
(8)
|
5
|
(8)
|
(5)
|
(6)
|
|
Operating Income |
70
N/A
|
56
-20%
|
42
-24%
|
39
-6%
|
43
+10%
|
53
+24%
|
57
+6%
|
62
+10%
|
63
+0%
|
66
+5%
|
70
+7%
|
65
-8%
|
60
-7%
|
61
+2%
|
76
+24%
|
93
+23%
|
107
+15%
|
96
-10%
|
76
-21%
|
58
-24%
|
36
-38%
|
24
-33%
|
26
+10%
|
43
+65%
|
62
+42%
|
136
+121%
|
145
+6%
|
189
+31%
|
259
+37%
|
294
+13%
|
331
+13%
|
353
+7%
|
316
-10%
|
292
-8%
|
261
-11%
|
227
-13%
|
246
+9%
|
276
+12%
|
311
+13%
|
356
+15%
|
409
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
48
|
49
|
54
|
59
|
60
|
61
|
61
|
59
|
61
|
59
|
55
|
50
|
41
|
38
|
36
|
37
|
43
|
49
|
50
|
50
|
48
|
42
|
42
|
41
|
38
|
39
|
37
|
34
|
31
|
33
|
34
|
35
|
33
|
33
|
37
|
34
|
33
|
28
|
21
|
26
|
31
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(4)
|
1
|
1
|
0
|
(19)
|
0
|
(0)
|
0
|
0
|
(0)
|
60
|
60
|
59
|
60
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(1)
|
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
|
|
Total Other Income |
1
|
3
|
4
|
6
|
5
|
1
|
2
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
4
|
4
|
4
|
4
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
|
Pre-Tax Income |
118
N/A
|
106
-10%
|
100
-6%
|
105
+5%
|
108
+3%
|
116
+7%
|
119
+3%
|
121
+1%
|
122
+1%
|
124
+2%
|
124
0%
|
114
-8%
|
100
-13%
|
100
+1%
|
115
+14%
|
132
+15%
|
153
+16%
|
145
-6%
|
125
-14%
|
106
-15%
|
83
-22%
|
62
-25%
|
68
+11%
|
83
+23%
|
98
+18%
|
156
+58%
|
181
+16%
|
222
+23%
|
289
+30%
|
326
+13%
|
364
+12%
|
448
+23%
|
409
-9%
|
383
-6%
|
357
-7%
|
259
-27%
|
278
+7%
|
303
+9%
|
332
+9%
|
383
+15%
|
440
+15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(21)
|
(20)
|
(21)
|
(23)
|
(25)
|
(25)
|
(25)
|
(26)
|
(27)
|
(26)
|
(23)
|
(20)
|
(18)
|
(20)
|
(23)
|
(26)
|
(30)
|
(26)
|
(24)
|
(19)
|
(16)
|
(16)
|
(19)
|
(25)
|
(34)
|
(35)
|
(43)
|
(50)
|
(35)
|
(44)
|
(59)
|
(50)
|
(56)
|
(51)
|
(30)
|
(27)
|
(37)
|
(41)
|
(38)
|
(53)
|
|
Income from Continuing Operations |
94
|
85
|
79
|
83
|
86
|
91
|
94
|
95
|
96
|
97
|
98
|
91
|
80
|
82
|
95
|
109
|
127
|
115
|
98
|
83
|
63
|
46
|
53
|
65
|
73
|
122
|
145
|
179
|
240
|
291
|
321
|
389
|
359
|
327
|
306
|
229
|
251
|
267
|
291
|
345
|
388
|
|
Income to Minority Interest |
1
|
0
|
0
|
(0)
|
1
|
1
|
2
|
2
|
3
|
3
|
3
|
4
|
6
|
5
|
3
|
1
|
(2)
|
2
|
4
|
6
|
7
|
7
|
7
|
7
|
6
|
1
|
(1)
|
(9)
|
(13)
|
(15)
|
(16)
|
(13)
|
(13)
|
(12)
|
(14)
|
(15)
|
(18)
|
(20)
|
(23)
|
(30)
|
(35)
|
|
Net Income (Common) |
94
N/A
|
85
-10%
|
80
-7%
|
83
+5%
|
86
+3%
|
93
+8%
|
96
+4%
|
98
+2%
|
99
+1%
|
101
+2%
|
101
N/A
|
94
-6%
|
86
-9%
|
87
+1%
|
97
+12%
|
110
+13%
|
125
+14%
|
117
-7%
|
102
-12%
|
89
-13%
|
70
-21%
|
53
-23%
|
59
+11%
|
72
+21%
|
80
+11%
|
123
+54%
|
144
+18%
|
170
+17%
|
227
+34%
|
276
+22%
|
305
+11%
|
376
+23%
|
346
-8%
|
316
-9%
|
292
-7%
|
215
-27%
|
233
+9%
|
247
+6%
|
268
+9%
|
315
+18%
|
352
+12%
|
|
EPS (Diluted) |
0.1
N/A
|
0.1
N/A
|
0.09
-10%
|
0.1
+11%
|
0.11
+10%
|
0.1
-9%
|
0.11
+10%
|
0.11
N/A
|
0.11
N/A
|
0.11
N/A
|
0.12
+9%
|
0.11
-8%
|
0.1
-9%
|
0.1
N/A
|
0.11
+10%
|
0.13
+18%
|
0.14
+8%
|
0.13
-7%
|
0.11
-15%
|
0.09
-18%
|
0.07
-22%
|
0.06
-14%
|
0.06
N/A
|
0.08
+33%
|
0.09
+13%
|
0.14
+56%
|
0.17
+21%
|
0.2
+18%
|
0.27
+35%
|
0.31
+15%
|
0.35
+13%
|
0.42
+20%
|
0.38
-10%
|
0.35
-8%
|
0.33
-6%
|
0.24
-27%
|
0.26
+8%
|
0.28
+8%
|
0.3
+7%
|
0.35
+17%
|
0.4
+14%
|