Zhejiang VIE Science & Technology Co Ltd
SZSE:002590
Income Statement
Earnings Waterfall
Zhejiang VIE Science & Technology Co Ltd
Revenue
|
3.9B
CNY
|
Cost of Revenue
|
-3.3B
CNY
|
Gross Profit
|
639.4m
CNY
|
Operating Expenses
|
-527.5m
CNY
|
Operating Income
|
112m
CNY
|
Other Expenses
|
110.4m
CNY
|
Net Income
|
222.4m
CNY
|
Income Statement
Zhejiang VIE Science & 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 |
1 194
N/A
|
1 283
+8%
|
1 328
+3%
|
1 323
0%
|
1 334
+1%
|
1 322
-1%
|
1 430
+8%
|
1 497
+5%
|
1 547
+3%
|
1 781
+15%
|
1 887
+6%
|
2 021
+7%
|
2 105
+4%
|
2 232
+6%
|
2 277
+2%
|
2 304
+1%
|
2 372
+3%
|
2 275
-4%
|
2 272
0%
|
2 335
+3%
|
2 338
+0%
|
2 255
-4%
|
2 198
-3%
|
2 135
-3%
|
2 098
-2%
|
2 249
+7%
|
2 137
-5%
|
2 268
+6%
|
2 423
+7%
|
2 522
+4%
|
2 770
+10%
|
2 790
+1%
|
2 706
-3%
|
2 713
+0%
|
2 749
+1%
|
2 728
-1%
|
3 009
+10%
|
3 364
+12%
|
3 462
+3%
|
3 719
+7%
|
3 901
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(924)
|
(991)
|
(1 018)
|
(1 001)
|
(1 001)
|
(994)
|
(1 083)
|
(1 131)
|
(1 183)
|
(1 387)
|
(1 468)
|
(1 572)
|
(1 616)
|
(1 704)
|
(1 722)
|
(1 729)
|
(1 765)
|
(1 669)
|
(1 674)
|
(1 738)
|
(1 765)
|
(1 738)
|
(1 718)
|
(1 692)
|
(1 674)
|
(1 837)
|
(1 745)
|
(1 862)
|
(1 986)
|
(2 063)
|
(2 270)
|
(2 314)
|
(2 286)
|
(2 288)
|
(2 306)
|
(2 291)
|
(2 509)
|
(2 846)
|
(2 905)
|
(3 118)
|
(3 262)
|
|
Gross Profit |
269
N/A
|
292
+8%
|
310
+6%
|
322
+4%
|
333
+3%
|
328
-1%
|
346
+6%
|
366
+6%
|
365
0%
|
394
+8%
|
419
+6%
|
450
+7%
|
489
+9%
|
527
+8%
|
555
+5%
|
575
+4%
|
607
+6%
|
606
0%
|
598
-1%
|
597
0%
|
573
-4%
|
518
-10%
|
480
-7%
|
443
-8%
|
423
-5%
|
412
-3%
|
392
-5%
|
406
+4%
|
437
+7%
|
459
+5%
|
501
+9%
|
476
-5%
|
420
-12%
|
425
+1%
|
444
+4%
|
437
-2%
|
500
+14%
|
518
+4%
|
557
+8%
|
600
+8%
|
639
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(221)
|
(231)
|
(243)
|
(234)
|
(232)
|
(219)
|
(232)
|
(238)
|
(248)
|
(273)
|
(290)
|
(323)
|
(348)
|
(346)
|
(358)
|
(356)
|
(366)
|
(358)
|
(363)
|
(370)
|
(361)
|
(388)
|
(477)
|
(503)
|
(496)
|
(375)
|
(373)
|
(354)
|
(373)
|
(328)
|
(365)
|
(356)
|
(339)
|
(389)
|
(415)
|
(420)
|
(471)
|
(484)
|
(512)
|
(534)
|
(527)
|
|
Selling, General & Administrative |
(208)
|
(176)
|
(226)
|
(217)
|
(217)
|
(159)
|
(224)
|
(233)
|
(242)
|
(203)
|
(278)
|
(308)
|
(333)
|
(260)
|
(341)
|
(346)
|
(335)
|
(274)
|
(286)
|
(285)
|
(282)
|
(305)
|
(305)
|
(301)
|
(285)
|
(288)
|
(280)
|
(264)
|
(285)
|
(251)
|
(273)
|
(261)
|
(244)
|
(276)
|
(277)
|
(281)
|
(311)
|
(325)
|
(335)
|
(350)
|
(357)
|
|
Research & Development |
0
|
(42)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(69)
|
0
|
0
|
(20)
|
(77)
|
(62)
|
0
|
(67)
|
(88)
|
(68)
|
(96)
|
(99)
|
(78)
|
(93)
|
(95)
|
(94)
|
(80)
|
(102)
|
(106)
|
(112)
|
(114)
|
(142)
|
(135)
|
(157)
|
(150)
|
(171)
|
(185)
|
(175)
|
|
Depreciation & Amortization |
0
|
(11)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(13)
|
(3)
|
(17)
|
(16)
|
(15)
|
(1)
|
(7)
|
(5)
|
(6)
|
(1)
|
(13)
|
(16)
|
(15)
|
(1)
|
(18)
|
(10)
|
(11)
|
11
|
(15)
|
(85)
|
(12)
|
20
|
(104)
|
(105)
|
(112)
|
26
|
1
|
5
|
5
|
40
|
10
|
10
|
17
|
38
|
3
|
(4)
|
(3)
|
32
|
(7)
|
1
|
5
|
|
Operating Income |
48
N/A
|
60
+26%
|
67
+11%
|
88
+31%
|
100
+14%
|
109
+9%
|
115
+5%
|
128
+12%
|
117
-9%
|
121
+4%
|
129
+6%
|
126
-2%
|
141
+12%
|
181
+28%
|
197
+9%
|
219
+11%
|
241
+10%
|
248
+3%
|
235
-5%
|
227
-3%
|
212
-7%
|
130
-39%
|
3
-98%
|
(59)
N/A
|
(73)
-23%
|
38
N/A
|
19
-50%
|
52
+175%
|
63
+21%
|
130
+106%
|
136
+4%
|
120
-12%
|
81
-32%
|
36
-56%
|
28
-21%
|
17
-40%
|
29
+71%
|
34
+16%
|
45
+32%
|
66
+48%
|
112
+70%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(25)
|
(22)
|
(23)
|
(21)
|
(21)
|
(21)
|
(22)
|
(21)
|
(19)
|
(16)
|
(15)
|
(15)
|
(13)
|
(26)
|
(30)
|
(41)
|
(58)
|
(51)
|
(61)
|
(57)
|
(51)
|
(46)
|
(45)
|
(8)
|
1
|
98
|
102
|
70
|
62
|
(44)
|
(44)
|
(48)
|
(39)
|
(37)
|
(36)
|
(24)
|
26
|
(10)
|
(13)
|
141
|
84
|
|
Non-Reccuring Items |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(1)
|
(1)
|
(29)
|
(0)
|
1
|
1
|
(96)
|
(0)
|
(0)
|
(3)
|
(3)
|
(2)
|
(1)
|
1
|
1
|
2
|
1
|
1
|
(0)
|
(0)
|
0
|
(0)
|
43
|
43
|
43
|
43
|
|
Gain/Loss on Disposition of Assets |
0
|
(2)
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(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
|
|
Total Other Income |
4
|
6
|
4
|
5
|
4
|
5
|
6
|
7
|
8
|
8
|
8
|
8
|
8
|
10
|
10
|
4
|
6
|
1
|
(8)
|
(5)
|
(8)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(3)
|
(2)
|
(3)
|
(1)
|
12
|
13
|
13
|
10
|
(3)
|
(4)
|
(5)
|
(1)
|
(2)
|
(9)
|
(9)
|
|
Pre-Tax Income |
27
N/A
|
42
+57%
|
48
+14%
|
72
+51%
|
83
+15%
|
92
+11%
|
97
+6%
|
112
+15%
|
105
-6%
|
112
+7%
|
121
+8%
|
118
-2%
|
135
+14%
|
162
+20%
|
177
+10%
|
181
+2%
|
187
+3%
|
169
-10%
|
166
-2%
|
166
+0%
|
154
-7%
|
(12)
N/A
|
(43)
-261%
|
(69)
-58%
|
(76)
-10%
|
132
N/A
|
117
-11%
|
119
+1%
|
123
+4%
|
87
-29%
|
106
+21%
|
85
-19%
|
56
-34%
|
8
-86%
|
(10)
N/A
|
(11)
-10%
|
50
N/A
|
66
+32%
|
73
+11%
|
241
+230%
|
230
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(7)
|
(8)
|
(12)
|
(15)
|
(17)
|
(18)
|
(20)
|
(16)
|
(15)
|
(17)
|
(18)
|
(19)
|
(29)
|
(31)
|
(34)
|
(37)
|
(38)
|
(39)
|
(43)
|
(42)
|
(23)
|
(19)
|
(12)
|
(14)
|
(4)
|
(4)
|
(4)
|
(2)
|
(22)
|
(22)
|
(19)
|
(6)
|
2
|
6
|
10
|
4
|
1
|
(1)
|
(6)
|
(8)
|
|
Income from Continuing Operations |
17
|
35
|
40
|
60
|
68
|
75
|
79
|
92
|
88
|
97
|
103
|
101
|
115
|
133
|
146
|
148
|
150
|
131
|
127
|
123
|
112
|
(35)
|
(62)
|
(81)
|
(90)
|
128
|
113
|
115
|
121
|
66
|
84
|
67
|
50
|
10
|
(4)
|
(1)
|
54
|
67
|
72
|
235
|
222
|
|
Income to Minority Interest |
(0)
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(4)
|
(3)
|
(6)
|
(6)
|
(3)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(5)
|
(4)
|
(3)
|
(2)
|
3
|
4
|
5
|
6
|
(1)
|
(1)
|
(2)
|
(3)
|
(1)
|
(1)
|
3
|
8
|
12
|
14
|
13
|
9
|
5
|
3
|
3
|
1
|
|
Net Income (Common) |
16
N/A
|
36
+121%
|
41
+16%
|
61
+47%
|
68
+13%
|
75
+9%
|
79
+5%
|
88
+12%
|
86
-3%
|
91
+6%
|
98
+7%
|
98
+0%
|
109
+12%
|
127
+16%
|
139
+10%
|
140
+0%
|
142
+1%
|
126
-11%
|
123
-3%
|
121
-2%
|
110
-9%
|
(32)
N/A
|
(58)
-81%
|
(76)
-29%
|
(83)
-10%
|
127
N/A
|
112
-12%
|
113
+1%
|
118
+5%
|
64
-46%
|
84
+30%
|
69
-17%
|
58
-17%
|
22
-62%
|
10
-56%
|
11
+16%
|
63
+470%
|
72
+13%
|
75
+5%
|
238
+217%
|
222
-7%
|
|
EPS (Diluted) |
0.05
N/A
|
0.09
+80%
|
0.11
+22%
|
0.29
+164%
|
0.16
-45%
|
0.18
+13%
|
0.19
+6%
|
0.22
+16%
|
0.21
-5%
|
0.22
+5%
|
0.2
-9%
|
0.22
+10%
|
0.24
+9%
|
0.26
+8%
|
0.28
+8%
|
0.29
+4%
|
0.26
-10%
|
0.26
N/A
|
0.26
N/A
|
0.25
-4%
|
0.23
-8%
|
-0.07
N/A
|
-0.13
-86%
|
-0.16
-23%
|
-0.17
-6%
|
0.26
N/A
|
0.24
-8%
|
0.24
N/A
|
0.25
+4%
|
0.13
-48%
|
0.18
+38%
|
0.15
-17%
|
0.12
-20%
|
0.05
-58%
|
0.03
-40%
|
0.04
+33%
|
0.14
+250%
|
0.15
+7%
|
0.16
+7%
|
0.5
+213%
|
0.46
-8%
|