Shenzhen WOTE Advanced Materials Co Ltd
SZSE:002886
Income Statement
Earnings Waterfall
Shenzhen WOTE Advanced Materials Co Ltd
Revenue
|
1.6B
CNY
|
Cost of Revenue
|
-1.3B
CNY
|
Gross Profit
|
272.6m
CNY
|
Operating Expenses
|
-221.9m
CNY
|
Operating Income
|
50.6m
CNY
|
Other Expenses
|
-44.4m
CNY
|
Net Income
|
6.2m
CNY
|
Income Statement
Shenzhen WOTE Advanced Materials Co Ltd
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 |
656
N/A
|
747
+14%
|
765
+2%
|
797
+4%
|
849
+7%
|
797
-6%
|
808
+1%
|
804
0%
|
826
+3%
|
888
+8%
|
900
+1%
|
926
+3%
|
1 000
+8%
|
1 023
+2%
|
1 153
+13%
|
1 283
+11%
|
1 421
+11%
|
1 515
+7%
|
1 540
+2%
|
1 563
+2%
|
1 509
-3%
|
1 509
+0%
|
1 490
-1%
|
1 488
0%
|
1 482
0%
|
1 510
+2%
|
1 537
+2%
|
1 557
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(523)
|
(608)
|
(625)
|
(661)
|
(710)
|
(662)
|
(677)
|
(679)
|
(694)
|
(744)
|
(748)
|
(778)
|
(812)
|
(823)
|
(939)
|
(1 053)
|
(1 200)
|
(1 292)
|
(1 306)
|
(1 336)
|
(1 301)
|
(1 287)
|
(1 266)
|
(1 251)
|
(1 222)
|
(1 250)
|
(1 256)
|
(1 284)
|
|
Gross Profit |
133
N/A
|
139
+4%
|
140
+1%
|
136
-3%
|
139
+2%
|
135
-3%
|
131
-3%
|
126
-4%
|
132
+4%
|
144
+10%
|
152
+5%
|
148
-3%
|
189
+28%
|
200
+6%
|
214
+7%
|
230
+7%
|
221
-4%
|
224
+1%
|
233
+4%
|
227
-3%
|
208
-8%
|
222
+7%
|
224
+1%
|
236
+5%
|
259
+10%
|
260
+0%
|
280
+8%
|
273
-3%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(71)
|
(78)
|
(88)
|
(83)
|
(86)
|
(85)
|
(84)
|
(80)
|
(81)
|
(91)
|
(82)
|
(79)
|
(92)
|
(97)
|
(123)
|
(120)
|
(130)
|
(132)
|
(147)
|
(155)
|
(150)
|
(158)
|
(188)
|
(194)
|
(213)
|
(218)
|
(232)
|
(222)
|
|
Selling, General & Administrative |
(72)
|
(70)
|
(59)
|
(66)
|
(53)
|
(54)
|
(55)
|
(47)
|
(59)
|
(64)
|
(69)
|
(71)
|
(77)
|
(83)
|
(70)
|
(80)
|
(84)
|
(84)
|
(89)
|
(98)
|
(97)
|
(103)
|
(110)
|
(120)
|
(129)
|
(132)
|
(124)
|
(134)
|
|
Research & Development |
0
|
(8)
|
(31)
|
0
|
0
|
(17)
|
(25)
|
(24)
|
(35)
|
(39)
|
(35)
|
(45)
|
(49)
|
(51)
|
(48)
|
(61)
|
(66)
|
(67)
|
(67)
|
(75)
|
(74)
|
(78)
|
(66)
|
(84)
|
(92)
|
(95)
|
(87)
|
(99)
|
|
Depreciation & Amortization |
0
|
0
|
(2)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(30)
|
0
|
|
Other Operating Expenses |
1
|
1
|
4
|
(17)
|
(33)
|
(14)
|
8
|
(9)
|
12
|
12
|
35
|
38
|
33
|
36
|
11
|
20
|
21
|
18
|
28
|
19
|
21
|
22
|
11
|
10
|
8
|
9
|
10
|
12
|
|
Operating Income |
62
N/A
|
62
-1%
|
52
-15%
|
53
+1%
|
53
+1%
|
51
-5%
|
47
-7%
|
46
-2%
|
51
+9%
|
53
+6%
|
70
+32%
|
69
-2%
|
97
+40%
|
103
+7%
|
90
-12%
|
109
+21%
|
92
-16%
|
92
0%
|
86
-6%
|
72
-16%
|
58
-19%
|
63
+8%
|
36
-43%
|
43
+17%
|
46
+9%
|
43
-8%
|
49
+14%
|
51
+4%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(7)
|
(6)
|
(3)
|
(5)
|
(7)
|
(9)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(13)
|
(12)
|
(11)
|
(11)
|
(15)
|
(22)
|
(23)
|
(25)
|
(22)
|
(27)
|
(30)
|
(33)
|
(34)
|
(34)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
1
|
0
|
1
|
|
Gain/Loss on Disposition of Assets |
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 |
9
|
7
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
3
|
1
|
1
|
(1)
|
(3)
|
(1)
|
(2)
|
(1)
|
(1)
|
|
Pre-Tax Income |
63
N/A
|
62
0%
|
47
-25%
|
49
+5%
|
48
-2%
|
43
-10%
|
38
-12%
|
33
-14%
|
37
+13%
|
39
+5%
|
55
+43%
|
53
-5%
|
81
+53%
|
86
+6%
|
77
-10%
|
98
+26%
|
81
-17%
|
81
+0%
|
71
-12%
|
54
-25%
|
37
-31%
|
39
+7%
|
14
-64%
|
12
-12%
|
17
+33%
|
10
-41%
|
14
+41%
|
16
+19%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(7)
|
(3)
|
(2)
|
(1)
|
(2)
|
(4)
|
(4)
|
(8)
|
(8)
|
(5)
|
(8)
|
(4)
|
(4)
|
1
|
4
|
6
|
5
|
12
|
15
|
15
|
19
|
7
|
4
|
|
Income from Continuing Operations |
57
|
57
|
40
|
42
|
40
|
37
|
35
|
31
|
35
|
37
|
51
|
49
|
73
|
77
|
72
|
89
|
77
|
77
|
72
|
58
|
43
|
44
|
26
|
27
|
32
|
29
|
21
|
21
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(13)
|
(17)
|
(20)
|
(15)
|
(14)
|
|
Net Income (Common) |
57
N/A
|
57
0%
|
40
-29%
|
42
+3%
|
40
-3%
|
37
-10%
|
35
-4%
|
31
-12%
|
34
+10%
|
34
+1%
|
47
+38%
|
45
-4%
|
68
+50%
|
72
+6%
|
65
-10%
|
81
+26%
|
68
-16%
|
68
-1%
|
63
-7%
|
48
-24%
|
33
-31%
|
34
+2%
|
15
-57%
|
15
+0%
|
15
+1%
|
9
-41%
|
6
-33%
|
6
+5%
|
|
EPS (Diluted) |
0.28
N/A
|
0.28
N/A
|
0.23
-18%
|
0.2
-13%
|
0.19
-5%
|
0.18
-5%
|
0.18
N/A
|
0.16
-11%
|
0.17
+6%
|
0.17
N/A
|
0.26
+53%
|
0.24
-8%
|
0.33
+38%
|
0.35
+6%
|
0.31
-11%
|
0.35
+13%
|
0.31
-11%
|
0.3
-3%
|
0.28
-7%
|
0.21
-25%
|
0.15
-29%
|
0.15
N/A
|
0.06
-60%
|
0.06
N/A
|
0.07
+17%
|
0.04
-43%
|
0.03
-25%
|
0.02
-33%
|