Tatwah Smartech Co Ltd
SZSE:002512
Income Statement
Earnings Waterfall
Tatwah Smartech Co Ltd
Revenue
|
2B
CNY
|
Cost of Revenue
|
-1.8B
CNY
|
Gross Profit
|
245.3m
CNY
|
Operating Expenses
|
-337.1m
CNY
|
Operating Income
|
-91.8m
CNY
|
Other Expenses
|
-81.4m
CNY
|
Net Income
|
-173.2m
CNY
|
Income Statement
Tatwah Smartech 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 |
464
N/A
|
556
+20%
|
577
+4%
|
600
+4%
|
667
+11%
|
790
+18%
|
863
+9%
|
963
+12%
|
992
+3%
|
1 396
+41%
|
1 849
+32%
|
2 449
+32%
|
3 140
+28%
|
3 501
+11%
|
3 457
-1%
|
3 350
-3%
|
3 431
+2%
|
3 458
+1%
|
3 533
+2%
|
3 560
+1%
|
3 278
-8%
|
2 881
-12%
|
2 753
-4%
|
2 487
-10%
|
2 312
-7%
|
2 284
-1%
|
2 148
-6%
|
2 496
+16%
|
2 577
+3%
|
2 115
-18%
|
2 471
+17%
|
2 328
-6%
|
2 284
-2%
|
2 241
-2%
|
1 831
-18%
|
1 574
-14%
|
1 486
-6%
|
1 742
+17%
|
2 078
+19%
|
2 087
+0%
|
2 001
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(284)
|
(318)
|
(334)
|
(347)
|
(380)
|
(470)
|
(539)
|
(616)
|
(633)
|
(992)
|
(1 396)
|
(1 940)
|
(2 578)
|
(2 944)
|
(2 936)
|
(2 841)
|
(2 934)
|
(2 906)
|
(2 993)
|
(3 072)
|
(2 845)
|
(2 656)
|
(2 479)
|
(2 205)
|
(2 034)
|
(1 977)
|
(1 889)
|
(2 260)
|
(2 339)
|
(1 845)
|
(2 183)
|
(2 049)
|
(2 036)
|
(2 070)
|
(1 666)
|
(1 414)
|
(1 333)
|
(1 578)
|
(1 874)
|
(1 848)
|
(1 755)
|
|
Gross Profit |
180
N/A
|
238
+33%
|
243
+2%
|
253
+4%
|
287
+14%
|
320
+12%
|
324
+1%
|
347
+7%
|
359
+3%
|
404
+12%
|
452
+12%
|
509
+12%
|
562
+11%
|
557
-1%
|
521
-6%
|
509
-2%
|
497
-2%
|
552
+11%
|
540
-2%
|
488
-10%
|
433
-11%
|
225
-48%
|
275
+22%
|
282
+3%
|
278
-2%
|
308
+11%
|
259
-16%
|
236
-9%
|
238
+1%
|
270
+14%
|
288
+7%
|
279
-3%
|
249
-11%
|
171
-31%
|
165
-4%
|
159
-3%
|
152
-4%
|
164
+8%
|
204
+24%
|
240
+17%
|
245
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(122)
|
(134)
|
(143)
|
(146)
|
(160)
|
(173)
|
(183)
|
(202)
|
(202)
|
(264)
|
(304)
|
(336)
|
(374)
|
(397)
|
(395)
|
(383)
|
(420)
|
(444)
|
(424)
|
(517)
|
(495)
|
(490)
|
(1 597)
|
(1 529)
|
(1 536)
|
(583)
|
(668)
|
(689)
|
(670)
|
(270)
|
(386)
|
(365)
|
(370)
|
(423)
|
(506)
|
(468)
|
(438)
|
(313)
|
(313)
|
(355)
|
(337)
|
|
Selling, General & Administrative |
(118)
|
(90)
|
(134)
|
(139)
|
(149)
|
(122)
|
(167)
|
(180)
|
(186)
|
(187)
|
(267)
|
(304)
|
(342)
|
(258)
|
(359)
|
(358)
|
(383)
|
(291)
|
(434)
|
(455)
|
(445)
|
(307)
|
(317)
|
(279)
|
(251)
|
(416)
|
(476)
|
(505)
|
(495)
|
(215)
|
(248)
|
(223)
|
(229)
|
(293)
|
(292)
|
(265)
|
(245)
|
(196)
|
(230)
|
(267)
|
(236)
|
|
Research & Development |
0
|
(25)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(113)
|
0
|
0
|
(23)
|
(132)
|
0
|
0
|
(27)
|
(99)
|
(84)
|
(112)
|
(113)
|
(124)
|
(132)
|
(129)
|
(131)
|
(109)
|
(124)
|
(128)
|
(123)
|
(93)
|
(101)
|
(98)
|
(94)
|
(86)
|
(96)
|
(98)
|
(100)
|
|
Depreciation & Amortization |
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(85)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(1)
|
(9)
|
(7)
|
(11)
|
(1)
|
(17)
|
(22)
|
(15)
|
(1)
|
(37)
|
(31)
|
(32)
|
0
|
(36)
|
(26)
|
(14)
|
42
|
10
|
(62)
|
(23)
|
1
|
(1 197)
|
(1 139)
|
(1 173)
|
21
|
(59)
|
(56)
|
(43)
|
106
|
(14)
|
(15)
|
(18)
|
14
|
(114)
|
(106)
|
(98)
|
16
|
12
|
10
|
(2)
|
|
Operating Income |
58
N/A
|
105
+82%
|
99
-5%
|
106
+7%
|
127
+19%
|
147
+16%
|
141
-4%
|
145
+3%
|
157
+8%
|
140
-11%
|
148
+6%
|
173
+17%
|
189
+9%
|
160
-15%
|
126
-22%
|
126
+0%
|
78
-38%
|
108
+39%
|
116
+8%
|
(29)
N/A
|
(62)
-113%
|
(264)
-325%
|
(1 322)
-400%
|
(1 247)
+6%
|
(1 259)
-1%
|
(276)
+78%
|
(409)
-48%
|
(453)
-11%
|
(431)
+5%
|
1
N/A
|
(98)
N/A
|
(87)
+12%
|
(122)
-41%
|
(252)
-107%
|
(341)
-35%
|
(309)
+9%
|
(285)
+8%
|
(149)
+48%
|
(109)
+27%
|
(115)
-6%
|
(92)
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
11
|
7
|
5
|
3
|
(2)
|
(8)
|
(17)
|
(26)
|
20
|
7
|
(2)
|
(10)
|
12
|
15
|
32
|
95
|
52
|
7
|
(67)
|
(265)
|
(397)
|
(409)
|
(236)
|
235
|
417
|
533
|
502
|
176
|
44
|
6
|
(82)
|
(102)
|
(165)
|
(130)
|
(149)
|
(155)
|
(204)
|
(198)
|
(142)
|
(114)
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(10)
|
0
|
4
|
3
|
(1)
|
11
|
7
|
6
|
(1 105)
|
7
|
8
|
3
|
(58)
|
0
|
5
|
11
|
(26)
|
0
|
(2)
|
(2)
|
(117)
|
0
|
(6)
|
(6)
|
(5)
|
1
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
|
Total Other Income |
12
|
13
|
17
|
14
|
13
|
11
|
16
|
17
|
23
|
29
|
26
|
31
|
34
|
44
|
34
|
37
|
26
|
10
|
(26)
|
(35)
|
(36)
|
(74)
|
(77)
|
(76)
|
(78)
|
(1)
|
4
|
6
|
11
|
4
|
3
|
0
|
(10)
|
(21)
|
(23)
|
(22)
|
(15)
|
(8)
|
(10)
|
(13)
|
(11)
|
|
Pre-Tax Income |
78
N/A
|
126
+63%
|
123
-3%
|
126
+2%
|
143
+13%
|
152
+7%
|
150
-1%
|
146
-3%
|
154
+6%
|
173
+12%
|
181
+4%
|
202
+12%
|
213
+6%
|
205
-4%
|
175
-15%
|
198
+13%
|
202
+2%
|
168
-17%
|
108
-36%
|
(124)
N/A
|
(358)
-188%
|
(1 840)
-414%
|
(1 801)
+2%
|
(1 552)
+14%
|
(1 099)
+29%
|
83
N/A
|
128
+55%
|
60
-53%
|
(234)
N/A
|
22
N/A
|
(89)
N/A
|
(170)
-91%
|
(235)
-39%
|
(555)
-136%
|
(495)
+11%
|
(486)
+2%
|
(461)
+5%
|
(365)
+21%
|
(316)
+13%
|
(269)
+15%
|
(216)
+20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(19)
|
(18)
|
(19)
|
(22)
|
(23)
|
(23)
|
(24)
|
(24)
|
(23)
|
(28)
|
(33)
|
(44)
|
(36)
|
(34)
|
(35)
|
(28)
|
5
|
8
|
43
|
52
|
26
|
24
|
(7)
|
(9)
|
(25)
|
(21)
|
(15)
|
(10)
|
(2)
|
5
|
3
|
(2)
|
36
|
33
|
47
|
54
|
24
|
14
|
11
|
11
|
|
Income from Continuing Operations |
67
|
108
|
105
|
107
|
120
|
129
|
127
|
122
|
130
|
150
|
152
|
169
|
169
|
169
|
140
|
163
|
174
|
173
|
116
|
(81)
|
(306)
|
(1 814)
|
(1 777)
|
(1 560)
|
(1 108)
|
58
|
107
|
45
|
(244)
|
21
|
(84)
|
(167)
|
(237)
|
(519)
|
(462)
|
(438)
|
(408)
|
(342)
|
(302)
|
(258)
|
(205)
|
|
Income to Minority Interest |
(13)
|
(20)
|
(20)
|
(23)
|
(28)
|
(28)
|
(28)
|
(25)
|
(26)
|
(21)
|
(22)
|
(24)
|
(22)
|
(10)
|
(9)
|
(7)
|
(3)
|
(2)
|
(0)
|
0
|
0
|
72
|
73
|
74
|
79
|
(8)
|
(9)
|
(8)
|
(11)
|
(1)
|
(1)
|
(1)
|
0
|
5
|
6
|
7
|
7
|
15
|
18
|
27
|
31
|
|
Net Income (Common) |
54
N/A
|
88
+62%
|
85
-3%
|
83
-2%
|
92
+11%
|
102
+10%
|
99
-3%
|
96
-3%
|
105
+9%
|
129
+23%
|
131
+1%
|
145
+11%
|
147
+1%
|
159
+8%
|
131
-18%
|
157
+20%
|
171
+9%
|
171
+0%
|
116
-32%
|
(81)
N/A
|
(305)
-278%
|
(1 742)
-471%
|
(1 705)
+2%
|
(1 486)
+13%
|
(1 029)
+31%
|
50
N/A
|
98
+98%
|
38
-62%
|
(255)
N/A
|
20
N/A
|
(85)
N/A
|
(168)
-98%
|
(237)
-41%
|
(514)
-117%
|
(456)
+11%
|
(431)
+5%
|
(401)
+7%
|
(327)
+19%
|
(284)
+13%
|
(231)
+18%
|
(173)
+25%
|
|
EPS (Diluted) |
0.07
N/A
|
0.11
+57%
|
0.11
N/A
|
0.1
-9%
|
0.11
+10%
|
0.11
N/A
|
0.11
N/A
|
0.11
N/A
|
0.11
N/A
|
0.15
+36%
|
0.11
-27%
|
0.13
+18%
|
0.13
N/A
|
0.15
+15%
|
0.12
-20%
|
0.15
+25%
|
0.16
+7%
|
0.16
N/A
|
0.11
-31%
|
-0.07
N/A
|
-0.27
-286%
|
-1.59
-489%
|
-1.55
+3%
|
-1.35
+13%
|
-0.94
+30%
|
0.05
N/A
|
0.09
+80%
|
0.03
-67%
|
-0.23
N/A
|
0.02
N/A
|
-0.07
N/A
|
-0.15
-114%
|
-0.21
-40%
|
-0.47
-124%
|
-0.42
+11%
|
-0.39
+7%
|
-0.37
+5%
|
-0.3
+19%
|
-0.26
+13%
|
-0.21
+19%
|
-0.16
+24%
|