Hangzhou Star Shuaier Electric Appliance Co Ltd
SZSE:002860
Income Statement
Earnings Waterfall
Hangzhou Star Shuaier Electric Appliance Co Ltd
Revenue
|
2.9B
CNY
|
Cost of Revenue
|
-2.5B
CNY
|
Gross Profit
|
421.3m
CNY
|
Operating Expenses
|
-184.8m
CNY
|
Operating Income
|
236.5m
CNY
|
Other Expenses
|
-34m
CNY
|
Net Income
|
202.5m
CNY
|
Income Statement
Hangzhou Star Shuaier Electric Appliance Co Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
295
N/A
|
298
+1%
|
303
+2%
|
318
+5%
|
355
+12%
|
365
+3%
|
391
+7%
|
411
+5%
|
409
0%
|
474
+16%
|
549
+16%
|
619
+13%
|
708
+14%
|
718
+1%
|
785
+9%
|
863
+10%
|
927
+7%
|
1 105
+19%
|
1 244
+13%
|
1 316
+6%
|
1 369
+4%
|
1 313
-4%
|
1 322
+1%
|
1 561
+18%
|
1 949
+25%
|
2 236
+15%
|
2 816
+26%
|
2 983
+6%
|
2 879
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(173)
|
(178)
|
(181)
|
(190)
|
(208)
|
(217)
|
(237)
|
(252)
|
(247)
|
(302)
|
(360)
|
(413)
|
(488)
|
(508)
|
(568)
|
(631)
|
(685)
|
(825)
|
(948)
|
(1 014)
|
(1 076)
|
(1 046)
|
(1 066)
|
(1 316)
|
(1 660)
|
(1 932)
|
(2 436)
|
(2 524)
|
(2 457)
|
|
Gross Profit |
122
N/A
|
120
-1%
|
122
+2%
|
128
+5%
|
147
+15%
|
148
+1%
|
154
+4%
|
159
+3%
|
162
+2%
|
172
+6%
|
190
+10%
|
206
+9%
|
220
+7%
|
210
-5%
|
218
+4%
|
232
+7%
|
242
+4%
|
280
+16%
|
296
+6%
|
301
+2%
|
293
-3%
|
268
-9%
|
256
-4%
|
244
-4%
|
289
+18%
|
304
+5%
|
380
+25%
|
459
+21%
|
421
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(40)
|
(38)
|
(40)
|
(42)
|
(48)
|
(45)
|
(47)
|
(50)
|
(55)
|
(60)
|
(67)
|
9
|
(4)
|
4
|
(2)
|
(96)
|
(110)
|
(116)
|
(125)
|
(114)
|
(123)
|
(114)
|
(103)
|
(124)
|
(165)
|
(171)
|
(209)
|
(239)
|
(185)
|
|
Selling, General & Administrative |
(26)
|
(37)
|
(42)
|
(40)
|
(34)
|
(42)
|
(44)
|
(46)
|
(36)
|
(46)
|
(51)
|
(61)
|
(72)
|
(79)
|
(76)
|
(81)
|
(73)
|
(87)
|
(99)
|
(83)
|
(74)
|
(71)
|
(64)
|
(81)
|
(105)
|
(115)
|
(129)
|
(137)
|
(134)
|
|
Research & Development |
(10)
|
0
|
0
|
(4)
|
(16)
|
0
|
0
|
(10)
|
(18)
|
(16)
|
(24)
|
(28)
|
(28)
|
(32)
|
(36)
|
(36)
|
(33)
|
(39)
|
(39)
|
(44)
|
(46)
|
(53)
|
(57)
|
(65)
|
(62)
|
(75)
|
(94)
|
(98)
|
(66)
|
|
Depreciation & Amortization |
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
|
Other Operating Expenses |
(0)
|
0
|
2
|
2
|
6
|
(3)
|
(4)
|
6
|
5
|
2
|
8
|
98
|
109
|
116
|
111
|
22
|
10
|
11
|
13
|
12
|
11
|
11
|
17
|
22
|
17
|
19
|
14
|
(4)
|
30
|
|
Operating Income |
81
N/A
|
82
+1%
|
82
+0%
|
86
+4%
|
100
+16%
|
103
+4%
|
107
+4%
|
109
+2%
|
108
-1%
|
112
+4%
|
123
+10%
|
215
+76%
|
217
+1%
|
214
-1%
|
216
+1%
|
136
-37%
|
132
-3%
|
165
+24%
|
171
+4%
|
187
+9%
|
170
-9%
|
154
-9%
|
152
-1%
|
120
-21%
|
124
+3%
|
134
+8%
|
172
+28%
|
220
+28%
|
237
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
0
|
1
|
2
|
4
|
9
|
12
|
7
|
3
|
(1)
|
(1)
|
12
|
10
|
4
|
(1)
|
(5)
|
(7)
|
(5)
|
(4)
|
(7)
|
(4)
|
0
|
5
|
7
|
4
|
4
|
0
|
3
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(2)
|
0
|
(0)
|
(0)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
6
|
6
|
8
|
7
|
4
|
3
|
(1)
|
(1)
|
0
|
4
|
4
|
4
|
1
|
(2)
|
(3)
|
(2)
|
(1)
|
(4)
|
(2)
|
(2)
|
3
|
3
|
2
|
2
|
(0)
|
(0)
|
(1)
|
0
|
2
|
|
Pre-Tax Income |
86
N/A
|
87
+1%
|
90
+3%
|
93
+3%
|
105
+13%
|
109
+4%
|
116
+6%
|
120
+4%
|
115
-4%
|
119
+3%
|
125
+5%
|
217
+74%
|
227
+4%
|
221
-2%
|
217
-2%
|
133
-39%
|
125
-6%
|
154
+23%
|
163
+6%
|
179
+10%
|
166
-8%
|
153
-7%
|
154
+1%
|
127
-17%
|
130
+2%
|
137
+5%
|
175
+28%
|
221
+26%
|
241
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(17)
|
(31)
|
(33)
|
(31)
|
(29)
|
(15)
|
(14)
|
(20)
|
(20)
|
(21)
|
(14)
|
(12)
|
(12)
|
(3)
|
(7)
|
(6)
|
(8)
|
(17)
|
(29)
|
|
Income from Continuing Operations |
74
|
75
|
78
|
80
|
91
|
95
|
101
|
105
|
101
|
104
|
108
|
186
|
194
|
191
|
188
|
118
|
110
|
134
|
144
|
158
|
151
|
141
|
142
|
124
|
123
|
132
|
167
|
204
|
213
|
|
Income to Minority Interest |
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(6)
|
(8)
|
(11)
|
(53)
|
(62)
|
(59)
|
(54)
|
(12)
|
(2)
|
(2)
|
(4)
|
(5)
|
(8)
|
(9)
|
(7)
|
(6)
|
(4)
|
(5)
|
(9)
|
(11)
|
(10)
|
|
Net Income (Common) |
74
N/A
|
75
+1%
|
78
+4%
|
79
+1%
|
89
+14%
|
92
+3%
|
95
+4%
|
99
+4%
|
95
-4%
|
96
+0%
|
97
+1%
|
133
+37%
|
131
-1%
|
132
+1%
|
134
+1%
|
107
-20%
|
108
+1%
|
132
+22%
|
140
+6%
|
153
+9%
|
144
-6%
|
132
-8%
|
135
+3%
|
118
-13%
|
119
+1%
|
127
+6%
|
158
+25%
|
193
+22%
|
202
+5%
|
|
EPS (Diluted) |
0.48
N/A
|
0.48
N/A
|
0.4
-17%
|
0.43
+7%
|
0.49
+14%
|
0.48
-2%
|
0.5
+4%
|
0.51
+2%
|
0.49
-4%
|
0.5
+2%
|
0.47
-6%
|
0.69
+47%
|
0.68
-1%
|
0.7
+3%
|
0.52
-26%
|
0.5
-4%
|
0.55
+10%
|
0.7
+27%
|
0.47
-33%
|
0.53
+13%
|
0.51
-4%
|
0.46
-10%
|
0.47
+2%
|
0.4
-15%
|
0.4
N/A
|
0.42
+5%
|
0.52
+24%
|
0.63
+21%
|
0.66
+5%
|