Changgao Electric Group Co Ltd
SZSE:002452
Income Statement
Earnings Waterfall
Changgao Electric Group Co Ltd
Revenue
|
1.5B
CNY
|
Cost of Revenue
|
-998.5m
CNY
|
Gross Profit
|
521.3m
CNY
|
Operating Expenses
|
-324m
CNY
|
Operating Income
|
197.3m
CNY
|
Other Expenses
|
-14.9m
CNY
|
Net Income
|
182.4m
CNY
|
Income Statement
Changgao Electric Group 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 |
503
N/A
|
464
-8%
|
482
+4%
|
478
-1%
|
482
+1%
|
462
-4%
|
490
+6%
|
664
+36%
|
761
+15%
|
1 012
+33%
|
1 259
+24%
|
1 293
+3%
|
1 300
+1%
|
1 452
+12%
|
1 362
-6%
|
1 416
+4%
|
1 390
-2%
|
1 102
-21%
|
1 001
-9%
|
1 053
+5%
|
1 050
0%
|
1 148
+9%
|
1 237
+8%
|
1 159
-6%
|
1 198
+3%
|
1 298
+8%
|
1 444
+11%
|
1 562
+8%
|
1 620
+4%
|
1 646
+2%
|
1 621
-2%
|
1 521
-6%
|
1 483
-2%
|
1 311
-12%
|
1 213
-7%
|
1 223
+1%
|
1 224
+0%
|
1 382
+13%
|
1 489
+8%
|
1 493
+0%
|
1 520
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(304)
|
(285)
|
(289)
|
(285)
|
(284)
|
(275)
|
(307)
|
(468)
|
(544)
|
(748)
|
(940)
|
(931)
|
(937)
|
(1 049)
|
(977)
|
(1 036)
|
(1 055)
|
(841)
|
(772)
|
(782)
|
(765)
|
(797)
|
(831)
|
(752)
|
(777)
|
(827)
|
(922)
|
(1 027)
|
(1 069)
|
(1 110)
|
(1 093)
|
(1 018)
|
(1 012)
|
(901)
|
(863)
|
(844)
|
(866)
|
(967)
|
(1 008)
|
(985)
|
(998)
|
|
Gross Profit |
199
N/A
|
179
-10%
|
194
+8%
|
194
+0%
|
198
+2%
|
187
-6%
|
182
-3%
|
195
+7%
|
217
+11%
|
263
+21%
|
320
+21%
|
362
+13%
|
363
+0%
|
404
+11%
|
385
-4%
|
380
-2%
|
335
-12%
|
261
-22%
|
229
-12%
|
271
+18%
|
285
+5%
|
351
+23%
|
406
+16%
|
408
+0%
|
421
+3%
|
470
+12%
|
522
+11%
|
535
+2%
|
552
+3%
|
536
-3%
|
528
-2%
|
504
-5%
|
471
-6%
|
409
-13%
|
349
-15%
|
379
+9%
|
358
-6%
|
415
+16%
|
481
+16%
|
508
+6%
|
521
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(121)
|
(111)
|
(122)
|
(111)
|
(114)
|
(114)
|
(115)
|
(131)
|
(144)
|
(174)
|
(216)
|
(219)
|
(224)
|
(243)
|
(225)
|
(275)
|
(268)
|
(246)
|
(256)
|
(289)
|
(502)
|
(506)
|
(501)
|
(270)
|
(261)
|
(276)
|
(305)
|
(252)
|
(257)
|
(234)
|
(216)
|
(267)
|
(254)
|
(264)
|
(255)
|
(291)
|
(302)
|
(320)
|
(325)
|
(297)
|
(324)
|
|
Selling, General & Administrative |
(102)
|
(99)
|
(104)
|
(83)
|
(101)
|
(102)
|
(98)
|
(102)
|
(120)
|
(142)
|
(184)
|
(160)
|
(209)
|
(228)
|
(218)
|
(202)
|
(270)
|
(236)
|
(229)
|
(237)
|
(209)
|
(222)
|
(227)
|
(211)
|
(203)
|
(206)
|
(213)
|
(169)
|
(195)
|
(186)
|
(181)
|
(205)
|
(186)
|
(192)
|
(180)
|
(223)
|
(225)
|
(241)
|
(251)
|
(228)
|
(224)
|
|
Research & Development |
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(49)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
(15)
|
(55)
|
(43)
|
(56)
|
(49)
|
(55)
|
(58)
|
(68)
|
(88)
|
(68)
|
(72)
|
(66)
|
(55)
|
(72)
|
(85)
|
(88)
|
(91)
|
(82)
|
(80)
|
(77)
|
(71)
|
(70)
|
(79)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
|
Other Operating Expenses |
(19)
|
(13)
|
(18)
|
(0)
|
(13)
|
(12)
|
(18)
|
(0)
|
(24)
|
(32)
|
(32)
|
(1)
|
(15)
|
(14)
|
(7)
|
3
|
2
|
(10)
|
(12)
|
21
|
(250)
|
(228)
|
(225)
|
11
|
3
|
(0)
|
(2)
|
32
|
10
|
18
|
20
|
27
|
17
|
16
|
16
|
31
|
3
|
(2)
|
(3)
|
19
|
(21)
|
|
Operating Income |
78
N/A
|
68
-14%
|
71
+6%
|
83
+16%
|
84
+1%
|
73
-13%
|
67
-8%
|
64
-4%
|
73
+14%
|
90
+22%
|
104
+16%
|
144
+39%
|
139
-3%
|
161
+16%
|
160
-1%
|
104
-35%
|
67
-36%
|
15
-77%
|
(27)
N/A
|
(18)
+32%
|
(217)
-1 085%
|
(155)
+29%
|
(95)
+39%
|
138
N/A
|
160
+16%
|
194
+21%
|
217
+12%
|
283
+30%
|
295
+4%
|
302
+2%
|
312
+3%
|
237
-24%
|
217
-8%
|
145
-33%
|
95
-35%
|
88
-7%
|
56
-36%
|
95
+71%
|
156
+64%
|
211
+35%
|
197
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
9
|
13
|
11
|
14
|
17
|
14
|
14
|
12
|
8
|
5
|
3
|
(5)
|
(7)
|
(10)
|
(13)
|
(16)
|
(17)
|
(14)
|
(14)
|
(8)
|
(10)
|
(12)
|
(13)
|
(15)
|
(15)
|
(2)
|
(4)
|
27
|
(34)
|
(54)
|
(53)
|
0
|
55
|
65
|
75
|
7
|
7
|
17
|
18
|
20
|
20
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(220)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(3)
|
1
|
1
|
1
|
45
|
1
|
0
|
0
|
(24)
|
1
|
1
|
1
|
(24)
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
9
|
9
|
8
|
8
|
3
|
3
|
5
|
5
|
5
|
2
|
3
|
7
|
0
|
4
|
6
|
4
|
7
|
5
|
1
|
3
|
2
|
4
|
44
|
49
|
51
|
51
|
(58)
|
(8)
|
(2)
|
4
|
1
|
0
|
(12)
|
(19)
|
(5)
|
(6)
|
(1)
|
(2)
|
(2)
|
(1)
|
|
Pre-Tax Income |
91
N/A
|
90
-1%
|
91
+2%
|
105
+15%
|
109
+3%
|
90
-17%
|
83
-8%
|
80
-4%
|
86
+8%
|
99
+16%
|
109
+10%
|
142
+30%
|
136
-4%
|
151
+11%
|
152
+1%
|
94
-38%
|
54
-42%
|
8
-85%
|
(36)
N/A
|
(246)
-590%
|
(224)
+9%
|
(164)
+27%
|
(104)
+37%
|
161
N/A
|
195
+21%
|
243
+25%
|
264
+9%
|
253
-4%
|
254
+0%
|
248
-2%
|
265
+7%
|
282
+7%
|
273
-3%
|
198
-27%
|
150
-24%
|
66
-56%
|
58
-11%
|
112
+91%
|
172
+54%
|
205
+19%
|
216
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(14)
|
(14)
|
(17)
|
(17)
|
(15)
|
(15)
|
(13)
|
(15)
|
(19)
|
(21)
|
(20)
|
(19)
|
(24)
|
(24)
|
(32)
|
(29)
|
(19)
|
(13)
|
0
|
0
|
(5)
|
(13)
|
(20)
|
(35)
|
(42)
|
(46)
|
(45)
|
(37)
|
(36)
|
(37)
|
(34)
|
(29)
|
(19)
|
(10)
|
(17)
|
(18)
|
(29)
|
(42)
|
(34)
|
(36)
|
|
Income from Continuing Operations |
76
|
76
|
77
|
88
|
92
|
75
|
68
|
67
|
71
|
81
|
88
|
121
|
117
|
127
|
128
|
63
|
26
|
(11)
|
(49)
|
(245)
|
(224)
|
(169)
|
(118)
|
141
|
160
|
201
|
219
|
208
|
217
|
211
|
227
|
248
|
244
|
179
|
140
|
49
|
40
|
82
|
130
|
171
|
181
|
|
Income to Minority Interest |
4
|
4
|
4
|
2
|
3
|
2
|
3
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(4)
|
(2)
|
(0)
|
0
|
3
|
(1)
|
(3)
|
0
|
(0)
|
4
|
5
|
4
|
6
|
13
|
6
|
4
|
3
|
3
|
2
|
3
|
4
|
9
|
10
|
9
|
8
|
2
|
2
|
|
Net Income (Common) |
80
N/A
|
79
-1%
|
81
+2%
|
90
+11%
|
94
+4%
|
78
-18%
|
71
-9%
|
68
-4%
|
72
+6%
|
81
+12%
|
88
+9%
|
121
+37%
|
116
-4%
|
126
+9%
|
125
-1%
|
61
-51%
|
26
-57%
|
(11)
N/A
|
(45)
-324%
|
(246)
-442%
|
(227)
+8%
|
(169)
+25%
|
(118)
+30%
|
145
N/A
|
165
+14%
|
205
+25%
|
225
+9%
|
208
-7%
|
223
+7%
|
215
-3%
|
230
+7%
|
251
+9%
|
247
-2%
|
183
-26%
|
144
-21%
|
58
-60%
|
50
-14%
|
92
+83%
|
138
+51%
|
173
+25%
|
182
+5%
|
|
EPS (Diluted) |
0.15
N/A
|
0.15
N/A
|
0.15
N/A
|
0.17
+13%
|
0.18
+6%
|
0.15
-17%
|
0.14
-7%
|
0.13
-7%
|
0.14
+8%
|
0.15
+7%
|
0.16
+7%
|
0.23
+44%
|
0.22
-4%
|
0.24
+9%
|
0.24
N/A
|
0.12
-50%
|
0.05
-58%
|
-0.02
N/A
|
-0.09
-350%
|
-0.46
-411%
|
-0.43
+7%
|
-0.32
+26%
|
-0.22
+31%
|
0.27
N/A
|
0.3
+11%
|
0.38
+27%
|
0.42
+11%
|
0.4
-5%
|
0.42
+5%
|
0.4
-5%
|
0.42
+5%
|
0.41
-2%
|
0.39
-5%
|
0.31
-21%
|
0.23
-26%
|
0.09
-61%
|
0.08
-11%
|
0.15
+88%
|
0.22
+47%
|
0.28
+27%
|
0.29
+4%
|