Guangdong Xinbao Electrical Appliances Holdings Co Ltd
SZSE:002705
Income Statement
Earnings Waterfall
Guangdong Xinbao Electrical Appliances Holdings Co Ltd
Revenue
|
15.3B
CNY
|
Cost of Revenue
|
-11.9B
CNY
|
Gross Profit
|
3.4B
CNY
|
Operating Expenses
|
-2B
CNY
|
Operating Income
|
1.4B
CNY
|
Other Expenses
|
-355.1m
CNY
|
Net Income
|
1B
CNY
|
Income Statement
Guangdong Xinbao Electrical Appliances Holdings 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 |
5 063
N/A
|
5 177
+2%
|
5 413
+5%
|
5 669
+5%
|
5 951
+5%
|
6 204
+4%
|
6 404
+3%
|
6 308
-1%
|
6 442
+2%
|
6 451
+0%
|
6 682
+4%
|
6 985
+5%
|
7 349
+5%
|
7 765
+6%
|
7 958
+2%
|
8 222
+3%
|
8 291
+1%
|
8 189
-1%
|
8 298
+1%
|
8 444
+2%
|
8 506
+1%
|
8 724
+3%
|
9 019
+3%
|
9 125
+1%
|
9 201
+1%
|
10 127
+10%
|
11 413
+13%
|
13 191
+16%
|
14 445
+10%
|
14 790
+2%
|
14 780
0%
|
14 912
+1%
|
15 345
+3%
|
15 395
+0%
|
14 926
-3%
|
13 696
-8%
|
12 884
-6%
|
12 925
+0%
|
13 733
+6%
|
14 647
+7%
|
15 292
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 206)
|
(4 289)
|
(4 496)
|
(4 667)
|
(4 962)
|
(5 196)
|
(5 309)
|
(5 151)
|
(5 239)
|
(5 185)
|
(5 327)
|
(5 583)
|
(5 944)
|
(6 279)
|
(6 473)
|
(6 627)
|
(6 765)
|
(6 724)
|
(6 779)
|
(6 708)
|
(6 799)
|
(6 894)
|
(7 008)
|
(6 977)
|
(7 013)
|
(7 591)
|
(8 538)
|
(10 137)
|
(11 307)
|
(11 928)
|
(12 272)
|
(12 293)
|
(12 811)
|
(12 709)
|
(12 094)
|
(10 801)
|
(10 072)
|
(10 058)
|
(10 704)
|
(11 315)
|
(11 926)
|
|
Gross Profit |
858
N/A
|
888
+3%
|
916
+3%
|
1 002
+9%
|
988
-1%
|
1 007
+2%
|
1 095
+9%
|
1 157
+6%
|
1 203
+4%
|
1 267
+5%
|
1 355
+7%
|
1 403
+4%
|
1 405
+0%
|
1 487
+6%
|
1 485
0%
|
1 595
+7%
|
1 526
-4%
|
1 465
-4%
|
1 519
+4%
|
1 736
+14%
|
1 707
-2%
|
1 830
+7%
|
2 011
+10%
|
2 147
+7%
|
2 188
+2%
|
2 536
+16%
|
2 875
+13%
|
3 054
+6%
|
3 137
+3%
|
2 862
-9%
|
2 508
-12%
|
2 619
+4%
|
2 534
-3%
|
2 686
+6%
|
2 832
+5%
|
2 895
+2%
|
2 811
-3%
|
2 866
+2%
|
3 030
+6%
|
3 331
+10%
|
3 366
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(607)
|
(631)
|
(681)
|
(757)
|
(751)
|
(777)
|
(801)
|
(879)
|
(872)
|
(884)
|
(896)
|
(957)
|
(913)
|
(936)
|
(954)
|
(1 081)
|
(991)
|
(987)
|
(1 003)
|
(1 124)
|
(1 070)
|
(1 130)
|
(1 227)
|
(1 388)
|
(1 347)
|
(1 493)
|
(1 559)
|
(1 611)
|
(1 627)
|
(1 558)
|
(1 498)
|
(1 696)
|
(1 603)
|
(1 627)
|
(1 691)
|
(1 815)
|
(1 731)
|
(1 779)
|
(1 853)
|
(2 058)
|
(1 999)
|
|
Selling, General & Administrative |
(534)
|
(628)
|
(672)
|
(546)
|
(745)
|
(767)
|
(785)
|
(652)
|
(856)
|
(874)
|
(893)
|
(703)
|
(908)
|
(929)
|
(948)
|
(791)
|
(1 008)
|
(1 009)
|
(960)
|
(841)
|
(878)
|
(851)
|
(939)
|
(1 034)
|
(1 029)
|
(1 161)
|
(1 227)
|
(1 195)
|
(1 227)
|
(1 155)
|
(1 094)
|
(1 246)
|
(1 205)
|
(1 231)
|
(1 252)
|
(1 315)
|
(1 302)
|
(1 312)
|
(1 369)
|
(1 470)
|
(1 470)
|
|
Research & Development |
0
|
0
|
0
|
(171)
|
0
|
0
|
0
|
(186)
|
0
|
0
|
0
|
(210)
|
0
|
0
|
0
|
(270)
|
0
|
0
|
(66)
|
(266)
|
(224)
|
(309)
|
(325)
|
(313)
|
(324)
|
(344)
|
(353)
|
(372)
|
(421)
|
(426)
|
(445)
|
(420)
|
(467)
|
(470)
|
(479)
|
(457)
|
(487)
|
(514)
|
(552)
|
(540)
|
(571)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(68)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(89)
|
0
|
0
|
0
|
(76)
|
0
|
|
Other Operating Expenses |
(73)
|
(3)
|
(9)
|
(12)
|
(6)
|
(10)
|
(16)
|
(11)
|
(15)
|
(10)
|
(3)
|
(14)
|
(5)
|
(7)
|
(7)
|
9
|
18
|
22
|
24
|
18
|
32
|
29
|
37
|
21
|
7
|
12
|
22
|
23
|
21
|
23
|
42
|
42
|
68
|
74
|
40
|
46
|
58
|
47
|
69
|
28
|
42
|
|
Operating Income |
251
N/A
|
257
+2%
|
236
-8%
|
245
+4%
|
238
-3%
|
230
-3%
|
295
+28%
|
278
-6%
|
331
+19%
|
382
+16%
|
459
+20%
|
445
-3%
|
492
+11%
|
552
+12%
|
531
-4%
|
514
-3%
|
536
+4%
|
477
-11%
|
516
+8%
|
613
+19%
|
637
+4%
|
700
+10%
|
784
+12%
|
760
-3%
|
841
+11%
|
1 043
+24%
|
1 317
+26%
|
1 443
+10%
|
1 510
+5%
|
1 304
-14%
|
1 010
-23%
|
923
-9%
|
931
+1%
|
1 059
+14%
|
1 140
+8%
|
1 080
-5%
|
1 080
0%
|
1 088
+1%
|
1 177
+8%
|
1 274
+8%
|
1 366
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(1)
|
17
|
25
|
51
|
63
|
62
|
78
|
38
|
25
|
38
|
105
|
85
|
67
|
18
|
(46)
|
(101)
|
(97)
|
(52)
|
(28)
|
2
|
1
|
(14)
|
26
|
6
|
16
|
(6)
|
(59)
|
(75)
|
(78)
|
(26)
|
45
|
34
|
129
|
171
|
199
|
172
|
91
|
(16)
|
27
|
(9)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(10)
|
2
|
2
|
3
|
(2)
|
(2)
|
(3)
|
(4)
|
(14)
|
0
|
2
|
8
|
4
|
9
|
8
|
2
|
(22)
|
3
|
11
|
13
|
4
|
9
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(1)
|
(4)
|
(3)
|
(4)
|
(0)
|
(3)
|
(4)
|
(3)
|
(7)
|
(13)
|
(10)
|
(11)
|
(10)
|
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 |
14
|
13
|
14
|
14
|
5
|
8
|
12
|
17
|
21
|
24
|
23
|
21
|
20
|
21
|
24
|
17
|
18
|
14
|
8
|
10
|
(3)
|
(3)
|
(1)
|
12
|
3
|
3
|
3
|
5
|
8
|
6
|
4
|
14
|
9
|
5
|
11
|
(1)
|
(23)
|
(19)
|
(21)
|
2
|
(8)
|
|
Pre-Tax Income |
259
N/A
|
268
+4%
|
265
-1%
|
280
+6%
|
291
+4%
|
297
+2%
|
368
+24%
|
370
+1%
|
386
+4%
|
428
+11%
|
513
+20%
|
559
+9%
|
586
+5%
|
627
+7%
|
563
-10%
|
484
-14%
|
451
-7%
|
394
-13%
|
472
+20%
|
585
+24%
|
639
+9%
|
700
+10%
|
771
+10%
|
795
+3%
|
848
+7%
|
1 059
+25%
|
1 310
+24%
|
1 374
+5%
|
1 443
+5%
|
1 234
-14%
|
995
-19%
|
986
-1%
|
983
0%
|
1 201
+22%
|
1 325
+10%
|
1 257
-5%
|
1 233
-2%
|
1 171
-5%
|
1 153
-2%
|
1 307
+13%
|
1 359
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(66)
|
(72)
|
(64)
|
(67)
|
(71)
|
(65)
|
(89)
|
(88)
|
(91)
|
(101)
|
(123)
|
(126)
|
(133)
|
(144)
|
(126)
|
(75)
|
(62)
|
(39)
|
(36)
|
(82)
|
(90)
|
(95)
|
(106)
|
(107)
|
(120)
|
(161)
|
(204)
|
(219)
|
(236)
|
(199)
|
(160)
|
(161)
|
(152)
|
(197)
|
(231)
|
(227)
|
(235)
|
(230)
|
(232)
|
(261)
|
(274)
|
|
Income from Continuing Operations |
193
|
196
|
201
|
213
|
220
|
232
|
279
|
282
|
295
|
326
|
390
|
433
|
454
|
484
|
437
|
410
|
389
|
354
|
436
|
504
|
550
|
606
|
665
|
688
|
728
|
898
|
1 105
|
1 156
|
1 208
|
1 036
|
835
|
825
|
831
|
1 005
|
1 094
|
1 030
|
998
|
940
|
921
|
1 047
|
1 084
|
|
Income to Minority Interest |
0
|
0
|
0
|
1
|
3
|
3
|
2
|
2
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(5)
|
(21)
|
(27)
|
(37)
|
(43)
|
(34)
|
(31)
|
(33)
|
(31)
|
(40)
|
(52)
|
(69)
|
(76)
|
(70)
|
(67)
|
(69)
|
(73)
|
|
Net Income (Common) |
193
N/A
|
196
+1%
|
201
+3%
|
213
+6%
|
223
+5%
|
234
+5%
|
281
+20%
|
284
+1%
|
294
+4%
|
325
+10%
|
389
+20%
|
431
+11%
|
452
+5%
|
482
+7%
|
436
-10%
|
408
-6%
|
387
-5%
|
353
-9%
|
435
+23%
|
503
+16%
|
549
+9%
|
605
+10%
|
663
+10%
|
687
+4%
|
723
+5%
|
878
+21%
|
1 079
+23%
|
1 118
+4%
|
1 164
+4%
|
1 002
-14%
|
803
-20%
|
792
-1%
|
800
+1%
|
964
+21%
|
1 041
+8%
|
961
-8%
|
922
-4%
|
870
-6%
|
854
-2%
|
977
+14%
|
1 011
+4%
|
|
EPS (Diluted) |
0.25
N/A
|
0.27
+8%
|
0.26
-4%
|
0.29
+12%
|
0.3
+3%
|
0.31
+3%
|
0.37
+19%
|
0.38
+3%
|
0.39
+3%
|
0.43
+10%
|
0.52
+21%
|
0.58
+12%
|
0.61
+5%
|
0.59
-3%
|
0.53
-10%
|
0.51
-4%
|
0.48
-6%
|
0.44
-8%
|
0.54
+23%
|
0.62
+15%
|
0.68
+10%
|
0.75
+10%
|
0.83
+11%
|
0.86
+4%
|
0.91
+6%
|
1.1
+21%
|
1.35
+23%
|
1.4
+4%
|
1.4
N/A
|
1.21
-14%
|
0.98
-19%
|
0.96
-2%
|
0.97
+1%
|
1.19
+23%
|
1.27
+7%
|
1.17
-8%
|
1.13
-3%
|
1.06
-6%
|
1.04
-2%
|
1.19
+14%
|
1.23
+3%
|