Foshan Nationstar Optoelectronics Co Ltd
SZSE:002449
Income Statement
Earnings Waterfall
Foshan Nationstar Optoelectronics Co Ltd
Revenue
|
3.7B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
417.1m
CNY
|
Operating Expenses
|
-367.4m
CNY
|
Operating Income
|
49.7m
CNY
|
Other Expenses
|
42.3m
CNY
|
Net Income
|
91.9m
CNY
|
Income Statement
Foshan Nationstar Optoelectronics Co Ltd
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 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 150
N/A
|
1 321
+15%
|
1 463
+11%
|
1 543
+5%
|
1 689
+9%
|
1 722
+2%
|
1 735
+1%
|
1 839
+6%
|
1 909
+4%
|
1 987
+4%
|
2 181
+10%
|
2 418
+11%
|
2 612
+8%
|
2 961
+13%
|
3 325
+12%
|
3 473
+4%
|
3 641
+5%
|
3 660
+1%
|
3 686
+1%
|
4 066
+10%
|
4 303
+6%
|
4 143
-4%
|
4 214
+2%
|
4 069
-3%
|
4 047
-1%
|
4 065
+0%
|
3 782
-7%
|
3 263
-14%
|
3 395
+4%
|
3 499
+3%
|
3 818
+9%
|
4 045
+6%
|
6 809
+68%
|
6 828
+0%
|
6 579
-4%
|
3 580
-46%
|
3 654
+2%
|
3 674
+1%
|
3 697
+1%
|
3 542
-4%
|
3 686
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(854)
|
(993)
|
(1 094)
|
(1 160)
|
(1 291)
|
(1 322)
|
(1 340)
|
(1 429)
|
(1 480)
|
(1 555)
|
(1 734)
|
(1 911)
|
(2 063)
|
(2 331)
|
(2 588)
|
(2 673)
|
(2 797)
|
(2 761)
|
(2 759)
|
(3 194)
|
(3 392)
|
(3 299)
|
(3 397)
|
(3 243)
|
(3 299)
|
(3 396)
|
(3 256)
|
(2 903)
|
(3 018)
|
(3 084)
|
(3 313)
|
(3 415)
|
(5 769)
|
(5 781)
|
(5 613)
|
(3 183)
|
(3 216)
|
(3 267)
|
(3 271)
|
(3 158)
|
(3 269)
|
|
Gross Profit |
297
N/A
|
327
+10%
|
370
+13%
|
384
+4%
|
397
+4%
|
400
+1%
|
395
-1%
|
409
+4%
|
429
+5%
|
432
+1%
|
447
+4%
|
507
+14%
|
549
+8%
|
630
+15%
|
737
+17%
|
799
+8%
|
844
+6%
|
899
+6%
|
927
+3%
|
871
-6%
|
910
+4%
|
843
-7%
|
816
-3%
|
827
+1%
|
749
-9%
|
669
-11%
|
526
-21%
|
361
-31%
|
378
+5%
|
414
+10%
|
505
+22%
|
630
+25%
|
1 041
+65%
|
1 047
+1%
|
966
-8%
|
396
-59%
|
439
+11%
|
407
-7%
|
426
+5%
|
383
-10%
|
417
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(201)
|
(207)
|
(231)
|
(228)
|
(256)
|
(258)
|
(255)
|
(251)
|
(266)
|
(269)
|
(273)
|
(298)
|
(321)
|
(327)
|
(364)
|
(344)
|
(375)
|
(396)
|
(369)
|
(338)
|
(366)
|
(346)
|
(362)
|
(342)
|
(361)
|
(361)
|
(332)
|
(241)
|
(256)
|
(257)
|
(280)
|
(373)
|
(613)
|
(625)
|
(612)
|
(303)
|
(332)
|
(338)
|
(358)
|
(328)
|
(367)
|
|
Selling, General & Administrative |
(190)
|
(196)
|
(216)
|
(144)
|
(220)
|
(222)
|
(222)
|
(145)
|
(249)
|
(254)
|
(258)
|
(171)
|
(283)
|
(294)
|
(321)
|
(197)
|
(375)
|
(385)
|
(348)
|
(208)
|
(166)
|
(129)
|
(125)
|
(205)
|
(225)
|
(219)
|
(203)
|
(155)
|
(153)
|
(155)
|
(165)
|
(214)
|
(343)
|
(342)
|
(330)
|
(168)
|
(175)
|
(183)
|
(192)
|
(181)
|
(191)
|
|
Research & Development |
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(86)
|
0
|
0
|
0
|
(102)
|
0
|
0
|
0
|
(160)
|
0
|
0
|
(39)
|
(142)
|
(78)
|
(117)
|
(113)
|
(126)
|
(136)
|
(134)
|
(135)
|
(113)
|
(136)
|
(136)
|
(138)
|
(152)
|
(282)
|
(289)
|
(292)
|
(150)
|
(171)
|
(172)
|
(180)
|
(158)
|
(190)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(45)
|
0
|
|
Other Operating Expenses |
(10)
|
(11)
|
(15)
|
(1)
|
(36)
|
(36)
|
(34)
|
(0)
|
(17)
|
(15)
|
(14)
|
(1)
|
(38)
|
(33)
|
(43)
|
41
|
0
|
(11)
|
19
|
63
|
(123)
|
(101)
|
(124)
|
49
|
(1)
|
(9)
|
6
|
71
|
33
|
34
|
23
|
37
|
11
|
6
|
10
|
57
|
14
|
17
|
14
|
56
|
14
|
|
Operating Income |
96
N/A
|
120
+24%
|
139
+16%
|
156
+12%
|
141
-9%
|
142
+1%
|
140
-2%
|
159
+14%
|
163
+3%
|
162
-1%
|
174
+8%
|
209
+20%
|
228
+9%
|
304
+33%
|
373
+23%
|
456
+22%
|
469
+3%
|
503
+7%
|
558
+11%
|
534
-4%
|
544
+2%
|
497
-9%
|
454
-9%
|
484
+7%
|
388
-20%
|
308
-21%
|
194
-37%
|
120
-38%
|
121
+1%
|
158
+30%
|
225
+43%
|
257
+14%
|
428
+66%
|
422
-1%
|
354
-16%
|
93
-74%
|
107
+15%
|
69
-36%
|
68
-2%
|
55
-19%
|
50
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(3)
|
(4)
|
(6)
|
(8)
|
(4)
|
(7)
|
(13)
|
(13)
|
(20)
|
(22)
|
(22)
|
(26)
|
(22)
|
(19)
|
(22)
|
(30)
|
(19)
|
(13)
|
(5)
|
4
|
1
|
6
|
5
|
15
|
11
|
3
|
(1)
|
(5)
|
(6)
|
1
|
7
|
12
|
20
|
26
|
29
|
24
|
24
|
22
|
25
|
30
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(25)
|
1
|
2
|
2
|
(21)
|
0
|
(3)
|
(2)
|
(8)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(4)
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
(1)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
17
|
0
|
0
|
0
|
(1)
|
2
|
(2)
|
(2)
|
(1)
|
(5)
|
(0)
|
(1)
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
44
|
37
|
39
|
27
|
44
|
46
|
50
|
41
|
34
|
51
|
33
|
32
|
36
|
5
|
10
|
2
|
2
|
5
|
7
|
7
|
(3)
|
(7)
|
(9)
|
2
|
(6)
|
(3)
|
(2)
|
(32)
|
(32)
|
(33)
|
(29)
|
9
|
14
|
16
|
13
|
7
|
0
|
(1)
|
0
|
4
|
2
|
|
Pre-Tax Income |
135
N/A
|
153
+13%
|
174
+13%
|
170
-2%
|
177
+5%
|
184
+4%
|
183
-1%
|
185
+1%
|
186
+1%
|
192
+3%
|
184
-4%
|
215
+17%
|
232
+8%
|
286
+23%
|
364
+27%
|
408
+12%
|
441
+8%
|
490
+11%
|
554
+13%
|
512
-8%
|
545
+6%
|
488
-10%
|
448
-8%
|
474
+6%
|
397
-16%
|
316
-20%
|
196
-38%
|
86
-56%
|
85
-1%
|
120
+42%
|
198
+65%
|
267
+35%
|
453
+70%
|
458
+1%
|
393
-14%
|
130
-67%
|
132
+1%
|
93
-30%
|
91
-2%
|
82
-9%
|
82
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(30)
|
(39)
|
(46)
|
(36)
|
(29)
|
(22)
|
(17)
|
(31)
|
(32)
|
(34)
|
(37)
|
(39)
|
(43)
|
(50)
|
(57)
|
(61)
|
(64)
|
(70)
|
(80)
|
(77)
|
(85)
|
(81)
|
(79)
|
(81)
|
(69)
|
(56)
|
(37)
|
1
|
(1)
|
(3)
|
(8)
|
(33)
|
(59)
|
(60)
|
(50)
|
(9)
|
(10)
|
3
|
2
|
3
|
10
|
|
Income from Continuing Operations |
106
|
114
|
127
|
134
|
148
|
162
|
166
|
154
|
155
|
158
|
148
|
176
|
190
|
236
|
307
|
347
|
377
|
420
|
474
|
435
|
460
|
407
|
369
|
394
|
328
|
260
|
159
|
87
|
84
|
116
|
189
|
233
|
395
|
399
|
343
|
121
|
122
|
96
|
92
|
86
|
92
|
|
Income to Minority Interest |
10
|
13
|
12
|
11
|
7
|
2
|
1
|
6
|
9
|
13
|
21
|
17
|
17
|
16
|
13
|
13
|
11
|
11
|
10
|
12
|
12
|
12
|
8
|
14
|
15
|
14
|
13
|
15
|
13
|
13
|
12
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
116
N/A
|
128
+10%
|
139
+9%
|
145
+4%
|
154
+7%
|
164
+6%
|
167
+2%
|
160
-4%
|
163
+2%
|
171
+5%
|
168
-2%
|
192
+14%
|
207
+7%
|
251
+22%
|
320
+27%
|
359
+12%
|
388
+8%
|
431
+11%
|
484
+12%
|
447
-8%
|
472
+6%
|
419
-11%
|
376
-10%
|
408
+8%
|
343
-16%
|
273
-20%
|
172
-37%
|
101
-41%
|
97
-4%
|
130
+34%
|
201
+55%
|
234
+16%
|
396
+69%
|
399
+1%
|
344
-14%
|
121
-65%
|
122
+1%
|
96
-21%
|
92
-4%
|
86
-7%
|
92
+7%
|
|
EPS (Diluted) |
0.2
N/A
|
0.22
+10%
|
0.24
+9%
|
0.26
+8%
|
0.27
+4%
|
0.29
+7%
|
0.29
N/A
|
0.26
-10%
|
0.27
+4%
|
0.27
N/A
|
0.27
N/A
|
0.31
+15%
|
0.33
+6%
|
0.4
+21%
|
0.51
+28%
|
0.58
+14%
|
0.62
+7%
|
0.69
+11%
|
0.78
+13%
|
0.72
-8%
|
0.76
+6%
|
0.68
-11%
|
0.61
-10%
|
0.66
+8%
|
0.56
-15%
|
0.45
-20%
|
0.28
-38%
|
0.16
-43%
|
0.16
N/A
|
0.21
+31%
|
0.33
+57%
|
0.38
+15%
|
0.64
+68%
|
0.65
+2%
|
0.56
-14%
|
0.2
-64%
|
0.2
N/A
|
0.16
-20%
|
0.15
-6%
|
0.14
-7%
|
0.15
+7%
|